S & G Construct

Active

Private limited companyfounded 2007active for 18 yearsRue des Ponts 23, 1480 Tubize, BelgiumKBO/BCE: BE 0893.867.965

Summary

S & G Construct has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,505 and a net result of €19,475. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 60% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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S & G ConstructActiveChecked score 69/100

Risk analysis Report Compare

Overview

Official details

Source: KBO

Status: Active since 30-11-2007 Normal situation
Registered office: 59 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity: Other specialised construction activities NACE 43990and 1 other
Establishment unit: 2.168.581.983 1480 Tubize, since 21-11-2007
Financial year end: 31 December
Peppol: Reachable since 12-01-2026

Company details

Board and ownership

Board

Cinori Ferenc CosminDirector · since 01-05-2022

Board & ownership

Financial position

69 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.9%

Annual accounts 2025

Gross margin: €23,194; ▲ 371%
Turnover: ≈ €320,000; estimated
Profit: €19,475
Equity: €49,505
Total assets: €88,727; ▲ 24.8%
Staff: ≈ 0.1 FTE; estimated

2025 accounts filed 18 days after the deadline

Financials

Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €88,727Last filed accounts filed 18 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.23, cash €13,988Show the evidence

Checked score

Score 2025

69 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially stronger than 69% of micro companies in specialised construction (NACE 43)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 81+81

equity 55.8% of total assets

Liquidity 48+38

short-term debt 44.2% · cash 15.8%

Profitability 92+64

return on assets 21.9%

Bankruptcy probability within 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)

Last 24 months 12-2024: 3.5% 01-2025: 6.6%▲ +3.1 percentage points vs 12-2024highest value 02-2025: 4.5%▼ -2.1 percentage points vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 4.5%● unchanged vs 03-2025 05-2025: 4.6%▲ +0.1 percentage points vs 04-2025 06-2025: 4.4%▼ -0.2 percentage points vs 05-2025 07-2025: 4.7%▲ +0.3 percentage points vs 06-2025 08-2025: 5.0%▲ +0.3 percentage points vs 07-2025 09-2025: 2.8%▼ -2.2 percentage points vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.7%▼ -0.1 percentage points vs 02-2026 04-2026: 3.0%▲ +0.3 percentage points vs 03-2026 05-2026: 3.4%▲ +0.4 percentage points vs 04-2026 06-2026: 3.4%● unchanged vs 05-2026 07-2026: 3.5%▲ +0.1 percentage points vs 06-2026 08-2026: 4.3%▲ +0.8 percentage points vs 07-2026 09-2026: 0.9%▼ -3.4 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.23 (0.74 in 2024), above the usual 1.5. Short-term debt is 44.2% and cash 15.8% of total assets. 44.2% of the assets are financed with debt and provisions.

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 43, micro). It does better than 61% of them on solvency, 40% on liquidity, 78% on profitability and 98% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.

lowers riskraises risk

1 change of registered office in 24 months

Belgian Official Gazette

Size: total assets €88,727

Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Liquidity: current ratio 2.23, cash €13,988

NBB · annual accounts

Last filed accounts filed 18 days late; 1 of the last 3 accounts late

NBB · filings

2025 accounts filed 18 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

18 days late

2024

24 days late

2023

159 days late

2022

92 days late

2021

81 days late

2020

446 days late

2019

105 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 132 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 October (4 of the last 5 accounts filed within 63 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

04-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 18 days after the deadline Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404934.

Annual accounts 2025 filed on 18-08-2026 at the NBB all 18 filings

Turnover

≈ €320,000

Estimated: probably between €170,000 and €620,000

Total assets

€88,727▲ 24.8%

2024 · €71,118

Net result

€19,475

2024 · -€2,603

Working capital

€48,335

2024 · -€23,508

Multi-year overview

2018 to 2025, 8 financial years

Operating result

€19,680

2025

20182025

Net result

€19,475

2025

middle half of the sector

20182025

Equity

€49,505

2025

middle half of the sector

20182025

Total assets

€88,727

▲ 24.8% 2025

middle half of the sector

20182025

Debt

€39,222

▼ 56.9% 2025

20182025

Working capital

€48,335

2025

middle half of the sector

20182025

Solvency

55.8%

▲ 83.8pp 2025

middle half of the sector

20182025

Current ratio

2.23

▲ 1.49 2025

middle half of the sector

20182025

Return on assets (ROA)

21.9%

▲ 25.6pp 2025

highest quarter of the sector

20182025

Every figure per financial year

Every figure with its change against the financial year before

favourable unfavourable

Line20182019202020212022202320242025

Operating result-€542--€697▼ 28.7%-€9,864▼ 1,315%€10,110-€80-€28,064▼ 35,054%-€2,603▲ 90.7%€19,680

Net result-€1--€110▼ 10,826%-€9,975▼ 8,939%€10,305€570▼ 94.5%-€28,311-€2,603▲ 90.8%€19,475

Equity€10,234-€10,124▼ 1.1%€149▼ 98.5%€10,454▲ 70×€11,024▲ 5.5%-€17,287-€19,890▼ 15.1%€49,505

Total assets€10,929-€11,516▲ 5.4%€64,532▲ 460%€68,963▲ 6.9%€64,060▼ 7.1%€14,057▼ 78.1%€71,118▲ 406%€88,727▲ 24.8%

Debt€695-€1,392▲ 100%€64,383▲ 46×€58,509▼ 9.1%€53,036▼ 9.4%€31,345▼ 40.9%€91,008▲ 190%€39,222▼ 56.9%

Working capital€10,224-€10,114▼ 1.1%-€782€2,840€6,537▲ 130%-€18,676-€23,508▼ 25.9%€48,335

Solvency93.6%-87.9%▼ 5.7pp0.2%▼ 87.7pp15.2%▲ 14.9pp17.2%▲ 2.0pp-123.0%▼ 140.2pp-28.0%▲ 95.0pp55.8%▲ 83.8pp

Current ratio15.71-8.26▼ 7.450.99▼ 7.281.05▲ 0.061.12▲ 0.070.40▼ 0.720.74▲ 0.342.23▲ 1.49

Return on assets (ROA)0.0%--1.0%▼ 0.9pp-15.5%▼ 14.5pp14.9%▲ 30.4pp0.9%▼ 14.1pp-201.4%▼ 202.3pp-3.7%▲ 197.7pp21.9%▲ 25.6pp

above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 operating result for 2025 is a profit of €19,680, after a loss of €2,603 in 2024. It is the highest result since 2021.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €88,727

98.7%

Fixed assets €1,170 ▼ 67.7%

Current assets €87,557 ▲ 29.7%

Equity and liabilities €88,727

55.8%

44.2%

Equity €49,505

Debt €39,222

Debt's share of the balance-sheet total is 44.2%.

Key figures and ratios

2025 value · change against 2024

Debt to equity

0.79

ROE

39.3%

Debt ≤ 1 year

€39,222▼

2024 · €91,008

Staff costs

€1,677

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired

Item	2021	2022	2023	2024	2025
Tangible fixed assets	€8,000	-	-	€9,330	-
Financial fixed assets	€1,160	-	-	-	-
Depreciation and write-downs of the year	€2,477	€3,127	€3,098	€7,101	-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Balance sheet Code20242025

Assets

Total assets20/58€71,118€88,727▲

Fixed assets21/28€3,617€1,170▼

Tangible fixed assets22/27€2,447-

Furniture and vehicles24€2,447-

Financial fixed assets28€1,170€1,170=

Current assets29/58€67,501€87,557▲

Amounts receivable within one year40/41€61,919€73,569▲

Trade receivables40€54,708€59,656▲

Other amounts receivable41€7,211€13,913▲

Cash at bank and in hand54/58€5,581€13,988▲

Equity and liabilities

Total equity and liabilities10/49€71,118€88,727▲

Equity10/15-€19,890€49,505▲

Contributions10/11€18,600€18,600=

Reserves13€778€778=

Non-distributable reserves130/1€778€778=

Other1319€778€778=

Profit (loss) carried forward14-€39,268€30,127▲

Amounts payable17/49€91,008€39,222▼

Amounts payable within one year42/48€91,008€39,222▼

Trade debts44€53,594€33,768▼

Suppliers440/4€53,594€33,768▼

Taxes, remuneration and social security45€79-

Taxes450/3€79-

Other amounts payable47/48€37,335€5,455▼

Income statement Code20242025

Remuneration, social security and pensions62-€1,677

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,101-

Other operating charges640/8€428€1,837▲

Gross operating margin9900€4,927€23,194▲

Operating profit (loss)9901-€2,603€19,680▲

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B-€206

Recurring financial charges65-€206

Profit (loss) for the period before taxes9903-€2,603€19,475▲

Profit (loss) for the period9904-€2,603€19,475▲

Profit (loss) for the period to be appropriated9905-€2,603€19,475▲

Appropriation of the result

Profit (loss) to be appropriated9906-€39,268€30,127▲

Profit (loss) brought forward from the previous period14P-€36,665€10,652▲

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Remuneration, social security and pensions62	-	-	€806	€178	-	-	-	€1,677	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	-	-	€2,210	€2,477	€3,127	€3,098	€7,101	-	-
Other operating charges640/8	-	-	€150	€324	€13,132	€1,236	€428	€1,837	▲ 329%
Non-recurring operating charges66A	-	-	-	-	-	€1,819	-	-	-
Gross operating margin9900	-€372	-€697	-€6,698	€13,089	€16,180	-€21,911	€4,927	€23,194	▲ 371%
Operating profit (loss)9901	-€542	-€697	-€9,864	€10,110	-€80	-€28,064	-€2,603	€19,680	-
Financial income75/76B	-	-	-	€748	€956	€24	-	€0	-
Recurring financial income75	€541	€587	-	€748	€956	€24	-	€0	-
Financial charges65/66B	-	-	€110	€177	€306	€271	-	€206	-
Recurring financial charges65	-	-	€110	€177	€306	€271	-	€206	-
Profit (loss) for the period before taxes9903	-€1	-€110	-€9,975	€10,681	€570	-€28,311	-€2,603	€19,475	-
Income taxes67/77	-	-	-	€376	€0	-	-	-	-
Profit (loss) for the period9904	-€1	-€110	-€9,975	€10,305	€570	-€28,311	-€2,603	€19,475	-
Profit (loss) for the period to be appropriated9905	-€1	-€110	-€9,975	€10,305	€570	-€28,311	-€2,603	€19,475	-

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€10,929	€11,516	€64,532	€68,963	€64,060	€14,057	€71,118	€88,727	▲ 24.8%
Fixed assets21/28	€10	€10	€931	€7,614	€4,487	€1,389	€3,617	€1,170	▼ 67.7%
Tangible fixed assets22/27	-	-	€921	€6,444	€3,317	€219	€2,447	-	-
Plant, machinery and equipment23	-	-	€921	€460	€0	€0	-	-	-
Furniture and vehicles24	-	-	-	€5,984	€3,317	€219	€2,447	-	-
Financial fixed assets28	€10	€10	€10	€1,170	€1,170	€1,170	€1,170	€1,170	=
Current assets29/58	€10,919	€11,506	€63,601	€61,349	€59,573	€12,668	€67,501	€87,557	▲ 29.7%
Stocks and contracts in progress3	-	-	-	-	€9,100	€0	-	-	-
Contracts in progress37	-	-	-	-	€9,100	€0	-	-	-
Amounts receivable within one year40/41	€10,869	€11,456	€62,619	€56,697	€45,571	€7,087	€61,919	€73,569	▲ 18.8%
Trade receivables40	-	-	€50,112	€43,552	€31,922	€1,211	€54,708	€59,656	▲ 9.0%
Other amounts receivable41	-	-	€12,507	€13,145	€13,649	€5,876	€7,211	€13,913	▲ 93.0%
Cash at bank and in hand54/58	€50	€50	€983	€4,653	€4,903	€5,581	€5,581	€13,988	▲ 151%
Equity and liabilities
Total equity and liabilities10/49	€10,929	€11,516	€64,532	€68,963	€64,060	€14,057	€71,118	€88,727	▲ 24.8%
Equity10/15	€10,234	€10,124	€149	€10,454	€11,024	-€17,287	-€19,890	€49,505	-
Contributions10/11	€18,600	€18,600	€18,600	€18,600	€18,600	€18,600	€18,600	€18,600	=
Capital10	-	-	€18,600	€18,600	-	-	-	-	-
Issued capital100	-	-	€18,600	€18,600	-	-	-	-	-
Reserves13	€778	€778	€778	€778	€778	€778	€778	€778	=
Non-distributable reserves130/1	-	-	€778	€778	€778	€778	€778	€778	=
Legal reserve130	-	-	€778	€778	-	-	-	-	-
Reserves not available under the articles1311	-	-	-	-	€778	€0	-	-	-
Other1319	-	-	-	-	-	€778	€778	€778	=
Profit (loss) carried forward14	-€9,144	-€9,254	-€19,229	-€8,924	-€8,354	-€36,665	-€39,268	€30,127	-
Amounts payable17/49	€695	€1,392	€64,383	€58,509	€53,036	€31,345	€91,008	€39,222	▼ 56.9%
Amounts payable within one year42/48	€695	€1,392	€64,383	€58,509	€53,036	€31,345	€91,008	€39,222	▼ 56.9%
Trade debts44	€695	€1,392	€64,383	€58,509	€40,135	€27,654	€53,594	€33,768	▼ 37.0%
Suppliers440/4	-	-	€64,383	€58,509	€40,135	€27,654	€53,594	€33,768	▼ 37.0%
Taxes, remuneration and social security45	-	-	-	-	€12,902	€3,482	€79	-	-
Taxes450/3	-	-	-	-	€10,902	€3,482	€79	-	-
Remuneration and social security454/9	-	-	-	-	€2,000	€0	-	-	-
Other amounts payable47/48	-	-	-	-	-	€209	€37,335	€5,455	▼ 85.4%

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€1	-€110	-€9,975	€10,305	€570	-€28,311	-€2,603	€19,475	-
+ Depreciation and write-downs630	-	-	€2,210	€2,477	€3,127	€3,098	€7,101	-	-
Operating cash flow (approximation)	-€1	-€110	-€7,764	€12,781	€3,697	-€25,213	€4,498	€19,475	▲ 333%
Investment in fixed assets (approximation)	-	€0	-€3,131	-€9,160	€0	€0	-€9,330	€2,447	-
Change in cash	-	€0	€933	€3,670	€250	€679	€0	€8,407	-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 34,693 companies had the same profile as S & G Construct has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

Micro
10 to 20 years old
solvency 30% or more
a profit of 5% of the balance sheet or more

95.3% was still going

3.9% stopped otherwise

0.7% went bankrupt

That fits the bankruptcy probability of S & G Construct itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for S & G 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.

Latest 10 of 18 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	18-08-2026	2026-00404934	PDF
31-12-2024	micro format	24-08-2025	2025-00397584	PDF
31-12-2023	micro format	06-01-2025	2025-00630400	PDF
31-12-2022	micro format	31-10-2023	2023-00499134	PDF
31-12-2021	micro format	20-10-2022	2022-20467875	PDF
31-12-2020	micro format	20-10-2022	2022-20467874	PDF
31-12-2019	micro format	13-11-2020	2020-70900189	PDF
31-12-2018	micro format	23-08-2019	2019-49500326	PDF
31-12-2017	micro format	29-08-2018	2018-55800389	PDF
31-12-2016	micro format	29-08-2017	2017-51600216	PDF

Show all 18 filings

Board & ownership

Directors

1 director, last change in 2022

Cinori Ferenc Cosmin

Director · since 01-05-2022 · listed in the 2025 annual accounts, filed on 18-08-2026

Current

Office holders in the KBO →

Owners and capital

Shareholders

Share transfer act of 24-09-2025 ↗

SIRBU Alexandru-Nicolae to CINORI FERENC Cosmin 10 shares
CINORI FERENC Cosmin to OBREJA Mihaita Alberto 10 shares

Share transfer act of 09-09-2025 ↗

DROBOTA IORDACHE Alexandru to CINORI FERENC Cosmin 10 shares
CINORI FERENC Cosmin to SIRBU Alexandru-Nicolae 10 shares

Stated in the act act of 26-05-2025 ↗

DROBOTA IORDACHE Alexandru associé actif
CHITIC IONUT Gabriel associé actif
DOBREA VASILE Cristinel associé actif
PREPELITA Daniel Vasil associé actif

Share transfer act of 26-05-2025 ↗

CINORI FERENC Cosmin to DROBOTA IORDACHE Alexandru 10 shares
CINORI FERENC Cosmin to CHITIC IONUT Gabriel 10 shares
CINORI FERENC Cosmin to DOBREA VASILE Cristinel 10 shares
PREPELITA Daniel Vasil to CINORI FERENC Cosmin 10 shares

Stated in the act act of 07-05-2025 ↗

PREPELITA Daniel Vasil associé actif
DUHALMU Alexandru Marian associé actif

Share transfer act of 07-05-2025 ↗

CINORI FERENC Cosmin to PREPELITA Daniel Vasil 10 shares
CINORI FERENC Cosmin to DUHALMU Alexandru Marian 10 shares

Show 1 older mentions

Stated in the act act of 22-01-2025 ↗

CINORI Fereric 100%

Mandate history

3 people, 1 in office

All 3 In office 1 Ended 2

Board
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Cinori Ferenc Cosmin	Director, from 01-05-2022 to date
Andrei Bogdan	Director, appointed in the act of 22-03-2022, until 01-05-2022
Vulpe Bogdan	Director, until 22-03-2022

See the board, name and registered office on a given date →

Network & group

S & G Construct shares no director with another company.

Companies at the same address

58 other companies

and 48 more

Connections & network

1 current director

Depth

The network starts from the directors of S & G Construct. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

Acts, filings and financial milestones

All 22Financial 4Gazette 8Filings 10

Deadline for the 2026 accounts: 31-07-2027

2026

18-08

NBB filing Annual accounts 2025 filedNBB

micro format · 18 days late

2025

31-12

Financial Back to profitnet €19,475

The net result is €19,475, after 2 loss-making years.

31-12

Financial Liquidity triplescurrent ratio 2.23

The current ratio rises from 0.74 to 2.23. Short-term debt falls from €91,008 to €39,222.

24-09

Gazette deed Capital & shares · Resignations & appointments

Share transfer4 points ▸

General meeting, 25-08-2025
Other provision, “associé actif, associé actif” (deed in French), mentioned 2 times in the deed
Share transfer, SIRBU Alexandru-Nicolae → CINORI FERENC Cosmin
Share transfer, CINORI FERENC Cosmin → OBREJA Mihaita Alberto

Open the act in the Belgian Official Gazette

09-09

Gazette deed Capital & shares · Resignations & appointments

Share transfer4 points ▸

General meeting, 20-08-2025
Other provision, “associé actif, associé actif” (deed in French), mentioned 2 times in the deed
Share transfer, DROBOTA IORDACHE Alexandru → CINORI FERENC Cosmin
Share transfer, CINORI FERENC Cosmin → SIRBU Alexandru-Nicolae

Open the act in the Belgian Official Gazette

24-08

NBB filing Annual accounts 2024 filedPDF

micro format · 24 days late

26-05

Gazette deed Capital & shares · Resignations & appointments

Partner · Share transfer9 points ▸

General meeting, 01-04-2025
Partner, DROBOTA IORDACHE Alexandru (associé actif)
Partner, CHITIC IONUT Gabriel (associé actif)
Partner, DOBREA VASILE Cristinel (associé actif)
Share transfer, CINORI FERENC Cosmin → DROBOTA IORDACHE Alexandru
Share transfer, CINORI FERENC Cosmin → CHITIC IONUT Gabriel
Share transfer, CINORI FERENC Cosmin → DOBREA VASILE Cristinel
Partner, PREPELITA Daniel Vasil (associé actif)
Share transfer, PREPELITA Daniel Vasil → CINORI FERENC Cosmin

Open the act in the Belgian Official Gazette

07-05

Gazette deed Capital & shares · Resignations & appointments

Partner · Share transfer · Director in office6 points ▸

General meeting, 02-04-2025
Partner, PREPELITA Daniel Vasil (associé actif)
Partner, DUHALMU Alexandru Marian (associé actif)
Share transfer, CINORI FERENC Cosmin → PREPELITA Daniel Vasil
Share transfer, CINORI FERENC Cosmin → DUHALMU Alexandru Marian
Director in office, CINORI FERENC Cosmin (director)

Open the act in the Belgian Official Gazette

22-01

Gazette deed Registered office moved from Halle to Tubize

New seat: Rue des Ponts 23 te 1480 TUBIZE · Previous seat: VOGELPERS 28 BUS 2 TE 1500 HALLE · Shareholding5 points ▸

General meeting, 02-01-2025
Board meeting, 02-01-2025
CINORI Fereric holds 100% of the shares
Registered-office move, Rue des Ponts 23 te 1480 TUBIZE
Other provision, “ondertekening notulen na goedkeuring”, 11.30 uur (deed in Dutch)

Open the act in the Belgian Official Gazette

06-01

NBB filing Annual accounts 2023 filedPDF

micro format · 159 days late

2023

31-12

Financial Weakest financial yearnet -€28,311

The net result drops to -€28,311, the lowest from 2018 to 2025. It recovers the following year.

31-10

NBB filing Annual accounts 2022 filedPDF

micro format · 92 days late

Show earlier events

2022

20-10

NBB filing Annual accounts 2021 filedPDF

micro format · 81 days late

20-10

NBB filing Annual accounts 2020 filedPDF

micro format · 446 days late

04-07

Gazette deed Resignation: Andrei Bogdan (director)

Appointment: Cinori Ferenc Cosmin (director)3 points ▸

General meeting, 01-05-2022
Director resignation, Andrei Bogdan (director)
Director appointment, Cinori Ferenc Cosmin (director)

Open the act in the Belgian Official Gazette

22-03

Gazette deed Registered office moved to Halle

New seat: Vogelpers 28 bus 2 1500 Halle · Resignation: Vulpe Bogdan (director) · Appointment: Andrei Bogdan (director)4 points ▸

General meeting, 11-10-2021
Director resignation, Vulpe Bogdan (director)
Director appointment, Andrei Bogdan (director)
Registered-office move, Vogelpers 28 bus 2 1500 Halle

Open the act in the Belgian Official Gazette

2021

31-12

Financial Back to profitnet €10,305

The net result is €10,305, after 3 loss-making years.

2020

13-11

NBB filing Annual accounts 2019 filedPDF

micro format · 105 days late

2019

23-08

NBB filing Annual accounts 2018 filedPDF

micro format · 23 days late

2018

29-08

NBB filing Annual accounts 2017 filedPDF

micro format · 29 days late

2017

29-08

NBB filing Annual accounts 2016 filedPDF

micro format · 29 days late

2007

11-12

Gazette deed IncorporationPDF

Show all 18 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official Gazette Filings with the National Bank

History

S & G Construct was incorporated on 30 November 2007.¹ The registered office moved to Halle in 2022 and to Tubize in 2025.²³ Total assets rose from €10,929 in 2018 to €88,727 in 2025.⁴

Company details

Register details

Identity

KBO record

Name S & G Construct in Dutch

Enterprise number 0893.867.965

Legal form Private limited company

Status Active, normale toestand

Founded 30-11-2007

Entity type Legal entity

Registered office and establishments

Registered office Rue des Ponts 23, 1480 Tubize, Belgium

1 former office

Vogelpers 28 Bus 2, 1500 Halle until 02-01-2025 · act of 22-01-2025

Establishment unit S & G Construct, Rue des Ponts 23, 1480 Tubize since 21-11-2007 · unit number 2.168.581.98341001 General construction of residential buildings

Activities

NACEBEL 2025

43990 Other specialised construction activities main activity

43350 Other building finishing work

Codes under NACEBEL 2008

43999 Specialised construction activities main activity

43390 Specialised construction activities

Invoicing and payment

VAT number BE 0893.867.965

E-invoicing via Peppol

Reachable via Peppol

Peppol ID 0208:0893867965

Other Peppol ID 9925:BE0893867965

Registered 12-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

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 0893.867.965

Financial year and general meeting

Accounts at the NBB

Financial year end 31-12

Sites & property

Location

registered office establishment The establishment unit on the map

59 companies at this address See who is registered here

Buildings and parcels at the address

Ground area

1,454 m²

Building footprint

137 m²

Building volume

1,148 m³

Cadastral parcel	Region	Area	Buildings	Height / floors
25105C0006/00Z000	Wallonia	1,453 m²	1 · 137 m²	10.3 m · 3