S&B PROF CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of S&B PROF CONSTRUCT is 4.3% (elevated). The 2024 annual accounts show equity of €73,406 and a net result of €22,308. Its solvency ranks better than 59% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-08-2022 Normal situation
- Registered office
- 605 active companies are registered at this address 116 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.334.889.275 9310 Aalst, since 31-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.3%
- Turnover
- €1.1m
- ▲ 19.8%
- Profit
- €22,308
- ▼ 54.6%
- Equity
- €73,406
- ▲ 49.5%
- Total assets
- €145,712
- ▲ 103%
- Employees on 31-12-2024
- 1
- =
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 accounts lateFounded in 2022Size: turnover €1.1m, total assets €145,712Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 59% of them on solvency, 45% on liquidity, 41% on profitability and 72% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 13 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 31-08-2025 PDF all 2 filings
2023 to 2024, 2 financial years
The operating result for 2024 is 51% lower than in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.7 | 0.7 |
| Average over the year, in full-time equivalents | 0.7 | 0.7 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | - |
| Left | 0 | - |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €12,105 | €15,112 |
| Depreciation and write-downs of the year | €3,495 | €6,658 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as S&B PROF CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €138,000 and €168,000, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| S&B PROF CONSTRUCT Sint-Pieters-Leeuw | 2022 | €0.1m | €0.07m | €0.07m | €1.1m | €0.02m | 2024 |
| GFG CONSTRUCT Sint-Pieters-Leeuw | 2023 | €0.2m | €0.1m | €0.07m | - | €0.05m | 2025 |
| STAS BUILDING Sint-Pieters-Leeuw | 2022 | €0.2m | €0.1m | €0.09m | - | €0.003m | 2025 |
| PLAMONT & CO Dilbeek | 2022 | €0.1m | €0.08m | €0.07m | - | €0.04m | 2025 |
| JVE & ZOON Geetbets | 2022 | €0.1m | €0.07m | €0.08m | - | €0.04m | 2025 |
| VIONS Drogenbos | 2023 | €0.1m | €0.08m | €0.07m | - | €0.03m | 2025 |
| F-F CONSTRUCT Kraainem | 2022 | €0.1m | €0.02m | €0.06m | - | €0.008m | 2025 |
They were chosen from the 15,546 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as S&B PROF CONSTRUCT has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of S&B PROF CONSTRUCT itself is higher: 4.3% within 12 months. It rests on far more data about S&B PROF CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for S&B PROF CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €1.0m | €1.1m | ▲ 19.8% |
| Non-recurring operating income76A | €36 | €0.008m | ▲ 222× |
| Goods, raw materials, services and sundry goods60/61 | €0.9m | €1.1m | ▲ 25.9% |
| Remuneration, social security and pensions62 | €0.03m | €0.04m | ▲ 17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.007m | ▲ 90.5% |
| Other operating charges640/8 | €0.002m | €417 | ▼ 73.6% |
| Gross operating margin9900 | €0.1m | €0.07m | ▼ 25.2% |
| Operating profit (loss)9901 | €0.06m | €0.03m | ▼ 51.2% |
| Financial income75/76B | €2 | €11 | ▲ 348% |
| Recurring financial income75 | €2 | €11 | ▲ 348% |
| Financial charges65/66B | €156 | €421 | ▲ 170% |
| Recurring financial charges65 | €156 | €421 | ▲ 170% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.03m | ▼ 51.8% |
| Income taxes67/77 | €0.01m | €0.008m | ▼ 41.6% |
| Profit (loss) for the period9904 | €0.05m | €0.02m | ▼ 54.6% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.02m | ▼ 54.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €71,879 | €145,712 | ▲ 103% |
| Formation expenses20 | €317 | - | - |
| Fixed assets21/28 | €8,610 | €16,431 | ▲ 90.8% |
| Tangible fixed assets22/27 | €8,610 | €16,431 | ▲ 90.8% |
| Plant, machinery and equipment23 | €5,319 | €13,652 | ▲ 157% |
| Furniture and vehicles24 | €3,291 | €2,778 | ▼ 15.6% |
| Current assets29/58 | €62,951 | €129,282 | ▲ 105% |
| Amounts receivable within one year40/41 | €45,670 | €104,267 | ▲ 128% |
| Trade receivables40 | €27,285 | €70,179 | ▲ 157% |
| Other amounts receivable41 | €18,385 | €34,089 | ▲ 85.4% |
| Cash at bank and in hand54/58 | €15,295 | €24,571 | ▲ 60.7% |
| Deferred charges and accrued income490/1 | €1,986 | €443 | ▼ 77.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €71,879 | €145,712 | ▲ 103% |
| Equity10/15 | €49,098 | €73,406 | ▲ 49.5% |
| Contributions10/11 | - | €2,000 | - |
| Profit (loss) carried forward14 | €49,098 | €71,406 | ▲ 45.4% |
| Amounts payable17/49 | €22,781 | €72,307 | ▲ 217% |
| Amounts payable within one year42/48 | €22,781 | €72,307 | ▲ 217% |
| Trade debts44 | €567 | €29,934 | ▲ 53× |
| Suppliers440/4 | €567 | €29,934 | ▲ 53× |
| Taxes, remuneration and social security45 | €20,633 | €37,967 | ▲ 84.0% |
| Taxes450/3 | €13,455 | €29,394 | ▲ 118% |
| Remuneration and social security454/9 | €7,178 | €8,572 | ▲ 19.4% |
| Other amounts payable47/48 | €1,581 | €4,406 | ▲ 179% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €49,098 | €22,308 | ▼ 54.6% |
| + Depreciation and write-downs630 | €3,495 | €6,658 | ▲ 90.5% |
| Operating cash flow (approximation) | €52,592 | €28,966 | ▼ 44.9% |
| Investment in fixed assets (approximation) | - | -€14,479 | - |
| Change in cash | - | €9,276 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- BANCESCU Iaroslav 100 shares (100%) · €2,000 in cash
Capital transactions
- 01-09-2022 Incorporation · €2,000 · 100 shares
Articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, ieder aandeel gelijk recht in winstverdeling en vereffeningsaldo”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste van overdrager en andere helft ten laste van koper(s),naar evenredigheid bij meerdere…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als…”
Articles of association, deed of 01-09-2022 (in Dutch)
Network & group
S&B PROF CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of S&B PROF CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
01-09
Gazette deed
IncorporationStarting capital €2,000 · Appointment: BANCESCU Iaroslav (director) · Board rule · Founder7 points ▸
- Board rule, 1
- Director appointment, BANCESCU Iaroslav (director (not named in the articles))
- Other provision, “begin van werkzaamheden, dag van verkrijging rechtspersoonlijkheid,hetzij dag van neerlegging ter griffie van uitgifte oprichtingsakte overeenkomstig wet” (deed in Dutch)
- Incorporation, “S&B PROF CONSTRUCT” (deed in Dutch)
- Founder, BANCESCU Iaroslav (comparant)
- Founding capital, €2,000
- Registered office clause, “Bergensesteenweg 24/8,1600 Sint-Pieters-Leeuw” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 30 August 2022, S&B PROF CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 BANCESCU Iaroslav is director of the company, appointed in the act of 01-09-2022.2 The company has filed 2 sets of annual accounts, the latest for financial year 2024.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0790.208.619
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 41005C0066/00V000 | Flanders | 961 m² | 1 · 116 m² | 9.1 m · 2 |