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SBCA

Active Private limited companyfounded 2019active for 7 yearsPortugeesstraat 14, 1790 AffligemKBO/BCE: BE 0728.486.232

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €19,783 (2025)
€6,958▼ 64.8%
peak €14,187 (2022)
€2,886▼ 75.5%
peak €31,693 (2023)
€19,630▲ 17.2%
€3,620▼ 63.5%
Board1 name since 2019
Documentsfilings and deeds
05-11-202656 days before the deadline
2026micro format
Gross margin from €19,783 to €6,958Result from €11,804 to €2,886Equity from €16,744 to €19,630Debts from €9,906 to €3,620Cash from €9,962 to €5,645

Key points

from the 2026 annual accounts

Overdue debts

€2,012 on 31-05-2026

The annual accounts state €2,012 of overdue tax debts on 31-05-2026.

Equity

€19,630 ▲ 17.2%

SBCA has made a profit in every financial year since 2020.

Turnover

≈ €84,000 estimated

The micro format states no turnover.

Liquidity

6.11 was 2.34 in 2025

Short-term debts fell from €9,906 to €3,620.

Filings

7 annual accounts 2 late
deadline2020202220242026

The 2022 accounts came latest: 193 days after the end of the period.

Position in the sector

84.4%

Higher solvency than 89% of companies in construction of buildings. Sector median 52.4% · 347 companies.

Checked score

72
Healthy
Financially stronger than 75% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.2% 01-2025: 2.3%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 2.2%▼ -0.1 percentage points vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.1%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.1 percentage points vs 06-2025 08-2025: 2.3%▲ +0.1 percentage points vs 07-2025 09-2025: 1.9%▼ -0.4 percentage points vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 2.0%▲ +0.1 percentage points vs 11-2025 01-2026: 0.7%▼ -1.3 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.6%▼ -0.2 percentage points vs 10-2026lowest value

Financial strength
Strong

100+12equity 84.4% of total assets
77-3short-term debt 15.6% · cash 24.3%
84-16return on assets 12.4%

Score breakdown

raises risk
Size: total assets €23,250
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 6.11, cash €5,645
Equity €19,630 (84.4% of total assets)
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 92% of them on solvency, 80% on liquidity, 67% on profitability and 62% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-05-2026.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as SBCA has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SBCA itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 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 26,972 companies, not a prediction for SBCA. 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.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.11 (2.34 in 2025), above the usual 1.5. Short-term debt is 15.6% and cash 24.3% of total assets. 15.6% of the assets are financed with debt and provisions.

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 riskneutral
raises risk · Size: total assets €23,250
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 6.11, cash €5,645
NBB · annual accounts
lowers risk · Equity €19,630 (84.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2026 was due by 31-12-2026 and was filed on 05-11-2026, 56 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2026
56 days early
2025
5 days early
2024
19 days early
2023
18 days early
2022
193 days late
2021
47 days late
2020
20 days early
← 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 17 days after 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-05-2027 and is due by 31-12-2027. Nothing is late today. The company usually files around 13 December (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-05-2027 year end31-12-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • SERDARU Bogdan-George founderdeed of 18-06-2019
  • AMARIE Constantin founderdeed of 18-06-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0728486232
Incorporation Founders: SERDARU Bogdan-George and AMARIE Constantin · 200 shares · Appointment: SERDARU Bogdan-George (director) · published on 18-06-2019 · Gazette deed
First establishment Portugeesstraat 14, Affligem
All 13 events

Comparable companies

same main activity, similar in size and age
Company
SBCA Affligem €23,250 €6,958 84.4% -
AITELEC Sint-Pieters-Leeuw €21,787 €8,198 35.7% -
KURIOSA Auderghem €25,575 €7,054 84.2% -
HDB Construct Oostkamp €24,353 €8,102 36.7% -
SAPO RENOVATIE Bruges €19,691 €6,757 23.2% -
De Woningkoning Lier €19,659 €7,540 51.1% -
WINCOS Asse €19,231 €6,179 94.0% -

These companies have the same main activity as SBCA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €19,200 and €25,600, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 14-06-2019Normal situation
Activity
General construction of residential buildingsNACE 41001and 4 others
Establishment unit
2.290.110.7111790 Affligem, since 14-06-2019
Financial year end
31 May
Peppol
Reachable since 23-02-2026
Company details

Annual accounts to 31-05-2026

€6,958▼ 64.8%
€2,886▼ 75.5%
€19,630▲ 17.2%
€23,250▼ 12.8%
Filing
Filed on 05-11-2026, 56 days before the end of the filing period
Financials

Insights on SBCA

SBCA files the micro format. That format states no turnover. The gross margin rose from €1,460 in 2020 to €6,958 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

micro format, filed on 05-11-2026, 56 days before the deadline
€6,958
▼ 64.8%
€4,175
▼ 73.8%
€6,485
▼ 64.7%
€5,196
▼ 63.5%
84.4%
▲ 21.6 percentage points
6.11
▲ 3.77

Money flows

no detail for 2026

Balance sheet

balance sheet total €23,250 on 31-05-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

84.4%

Higher than 71% of 9,456 companies in 2025.

6.11

Higher than 65% of 9,204 companies in 2025.

12.4%

Higher than 92% of 9,276 companies in 2025.

SBCA Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2026202520242023202220212020
Balance sheet: assets
20/58 23,25026,65028,64348,76232,28930,85214,669
21/28 1,1183,4285,8608,0221,244--
22/27 1,1183,4285,8608,0221,244--
23 -1444107581,244--
24 1,1183,2845,4507,264---
29/58 22,13223,22222,78240,73931,04530,85214,669
3 3,000------
30/36 3,000------
40/41 13,48713,26019,27332,83920,47615,91810,453
40 2,7928,6162,77714,44410,8179,86410,075
41 10,6954,64516,49618,3959,6596,054379
54/58 5,6459,9623,5097,90010,56914,9344,216
Balance sheet: equity and liabilities
10/49 23,25026,65028,64348,76232,28930,85214,669
10/15 19,63016,74422,19031,69326,64712,4606,160
10/11 5,0005,0005,0005,0005,0005,0005,000
10 ----5,000--
100 ----5,0005,0005,000
14 14,63011,74417,19026,69321,6477,4601,160
17/49 3,6209,9066,45217,0685,64218,3928,509
42/48 3,6209,9066,45217,0685,64218,3928,509
44 5563,09117812,4701,26713,6238,209
440/4 5563,09117812,4701,26713,6238,209
45 3,0646,8156,2744,5994,3754,769300
450/3 3,0646,8154,9244,5994,3751,769300
454/9 --1,350--3,000-
Income statement
70 -----95,28238,712
9900 6,95819,78310,0958,39819,2238,4891,460
60/61 ----57,76087,25537,252
630 2,3102,4332,4271,53383--
640/8 4731,428-381,160347-
9901 4,17515,9227,6686,82617,9808,1421,460
75/76B 2-101--
75 2-101--
65/66B 23821977183187730
65 23821977183187730
9903 3,93915,7037,5916,64417,7938,0691,460
67/77 1,0523,8992,0951,5983,6061,769300
9904 2,88611,8045,4975,04614,1876,3001,160
9905 2,88611,8045,4975,04614,1876,3001,160
Appropriation of the result
9906 14,63028,99432,19026,69321,6477,4601,160
14P 11,74417,19026,69321,6477,460--
694/7 -17,25015,000----
694 -17,25015,000----
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 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 2026 at the NBB, filed on 05-11-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-05-2026 micro format 05-11-2026 2026-00603346 PDF
31-05-2025 micro format 26-12-2025 2025-00591706 PDF
31-05-2024 micro format 12-12-2024 2024-00614929 PDF
31-05-2023 micro format 13-12-2023 2023-00527227 PDF
31-05-2022 micro format 12-07-2023 2023-00229080 PDF
31-05-2021 micro format 16-02-2022 2022-05900565 PDF
31-05-2020 micro format 11-12-2020 2020-75300578 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2026202520242023202220212020
6,48518,35510,0958,36018,063--
5,19614,2367,9246,57914,270--
002658,3111,327--
-4,3176,452-4,391-2,669-4,36510,718-
18,51213,31616,33023,67125,40312,4606,160
-----8.5%3.8%
84.4%62.8%77.5%65.0%82.5%40.4%42.0%
6.112.343.532.395.501.681.72
5.292.343.532.395.501.681.72
0.180.590.290.540.211.481.38
14.7%70.5%24.8%15.9%53.2%50.6%18.8%
12.4%44.3%19.2%10.3%43.9%20.4%7.9%
27.2083.86over 10045.7696.41--
-----38 days95 days
----8 days57 days80 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Overdue debts

tax and social security
Item31-05-202631-05-202531-05-202431-05-202331-05-2022
Overdue tax debts€2,012€1,015---

Source: notes to the 2022 to 2026 annual accounts (statement of debts)

Investments

fixed assets acquired
Item31-05-202631-05-202531-05-202431-05-202331-05-2022
Tangible fixed assets--€265€8,311€1,327
€2,310€2,433€2,427€1,533€83

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on SBCA

The operating result for 2026 is 74% lower than in 2025 and the lowest since 2020.

Debt's share of the balance-sheet total falls from 37.2% to 15.6%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 18-06-2019
listed in the 2023 annual accounts, filed on 13-12-2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 18-06-2019

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
SERDARU Bogdan-George
Director (not named in the articles)
Board
Mandates as a list
  • SERDARU Bogdan-George
    • Director (not named in the articles), appointed by deed of 18-06-2019, still in office

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

Control

Founders
SERDARU Bogdan-George, AMARIE Constantin
This company
SBCA
Equity €19,630
Profit €2,886 in 2026

Capital

Contribution
€5,000
Source
2026 annual accounts

Articles of association

deed of 18-06-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of October at 19:00

Founders

At incorporation deed of 18-06-2019 ↗
  • SERDARU Bogdan-George founder
  • AMARIE Constantin founder

Network & group

No group

SBCA has no parent and no holdings in its annual accounts. SERDARU Bogdan-George is the only director. SBCA shares no director with another company.

At the same address

Portugeesstraat 14, 1790 Affligem · 4 other companies
CrisCare
registered office since 03-07-2026
founded in 2026
1039.826.439
Boulpaep, Joren (sole trader)
establishment since 05-01-2026
founded in 2026
1032.238.267
Serdaru, Cristina (sole trader)
establishment since 01-06-2024
founded in 2024
1010.076.935
Serdaru, Bogdan-George (sole trader)
establishment since 01-05-2007
founded in 2013
0888.786.254

Timeline

Timeline

13 events since 2019

Deadline for the 2027 accounts: 31-12-2027

2026
Annual accounts 2026 filed NBBmicro format · 56 days before the deadline
Liquidity more than doubled current ratio 6.11 The current ratio rises from 2.34 to 6.11. Short-term debt falls from €9,906 to €3,620.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0728486232
2025
Annual accounts 2025 filed PDFmicro format · 5 days before the deadline
2024
Annual accounts 2024 filed PDFmicro format · 19 days before the deadline
2023
Annual accounts 2023 filed PDFmicro format · 18 days before the deadline
Annual accounts 2022 filed PDFmicro format · 193 days late
2022
Highest result from 2020 to 2026 net €14,187 ▲125% The operating result of €17,980 and the net result of €14,187 are both a record.
Liquidity more than triples current ratio 5.50 The current ratio rises from 1.68 to 5.50. Short-term debt falls from €18,392 to €5,642.
Annual accounts 2021 filed PDFmicro format · 47 days late
2020
Annual accounts 2020 filed PDFmicro format · 20 days before the deadline
2019
IncorporationFounders: SERDARU Bogdan-George and AMARIE Constantin · 200 shares · Appointment: SERDARU Bogdan-George (director) · published on 18-06-20194 points ▸
  • Founder, SERDARU Bogdan-George
  • Founder, AMARIE Constantin
  • Director appointment, SERDARU Bogdan-George (director (not named in the articles))
  • 200 shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Portugeesstraat 14, Affligem

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 14 June 2019, SBCA was incorporated as a private limited company.1 SERDARU Bogdan-George is director of the company, appointed by deed of 18-06-2019.2 Total assets went from €14,669 in 2020 to €23,250 in 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-06-2019
  3. 3National Bank, annual accounts 2020 and 2026

Company details

Identity

Enterprise number
0728.486.232
VAT number
BE 0728.486.232
Peppol ID
0208:0728486232
Other Peppol ID
9925:BE0728486232
Legal form
Private limited company
Status
Active, normal situation
Founded
14-06-2019
Financial year
ends on 31 May
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of October at 19:00
deed of 18-06-2019 (in Dutch)
Peppol
Reachable since 23-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SBCA in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-06-2019 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Portugeesstraat 14, 1790 Affligem”
deed of 18-06-2019 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
43212 Specialised construction activities
43221 Plumbing
43994 Specialised construction activities
43995 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle bouwwerkzaamheden,dakinrichting,herbekledingen,herstellingen,onderhoud,veranderingswerken van gebouwen; Alle voegenwerken en…”
25 activities
  1. Alle bouwwerkzaamheden,dakinrichting,herbekledingen,herstellingen,onderhoud,veranderingswerken van gebouwen.
  2. Alle voegenwerken en zandreiniging van voorgevels,industriële zandreiniging.
  3. Alle grondwerken.
  4. Het inrichten van parken en tuinen,het plaatsen van omheiningen,alle tuinwerken.
  5. Algemene bouwonderneming (ruwbouw en dakopstelling) en ook de coördinatie van onderaannemers.
  6. Onderneming van rioolwerkzaamheden.
  7. Onderneming van bouwsloopwerkzaamheden en kunstwerken.
  8. Alle hydraulische werken,drooglegging,het leggen van diverse kabels,kanalen en industriële buizen.
  9. Wegwerkzaamheden en de bouw van niet metalen kunstwerken,spoorwegwerkzaamheden,wegsignalisatie.
  10. Thermische en akoestische isolatie.
  11. Metalen constructies en metalen kunstwerken.
  12. Alle plafonneerwerken,werken met natuursteen,marmer- en timmerwerk,houten en metalen schrijnwerkerij,centrale verwarming,sanitaire installaties,lood en zinkwerken.
  13. Alle werkzaamheden van interne en externe decoratie van gebouwen.
  14. Alle hout- en timmerwerk.
  15. Alle werken in het domein van glazen vensters en deuren.
  16. De detailhandel in bouwmaterialen.
  17. Het verhuren van materiaal en werktuigen.
  18. Alle bouwactiviteiten.
  19. Alle werkzaamheden gerelateerd aan de volledige of gedeeltelijke uitvoering van voltooiingswerken of de coördinatie hiervan bij hun uitvoering door onderaannemers.
  20. De werkzaamheden van handelstussenpersoon behalve commissie en verzekeringen.
  21. Het schoonmaken van gebouwen,burelen en appartementen.
  22. Raadgeving en bijstand aan ondernemingen in de meest uiteenlopende vormen,met uitzondering van de activiteiten die een voorafgaande volmacht eisen,en meer bepaald de raadgeving in het domein van het beheer en de administratie van de onderneming,waaronder de raadgeving en de bijstand aan het ondernemingsleven en het gezag in het domein van de planificatie,de efficiëntie en de controle,de informatie aan de administratie van de onderneming.
  23. Groot- en detailhandel,import en export.
  24. De schoonmaak en het onderhoud,in principe van alle onroerende goederen,professioneel en privé,van roerende goederen,evenals het onderhandelen over de onderhoudsproducten,het verhuren van schoonmaakmateriaal,van schoonmaak- en werkkledij,van alle kledij en tapijten.
  25. Huishoudhulp aan huis bij particulieren,meer bepaald: het schoonmaken van de woning,ruiten,de was,het strijkwerk en kleine naaiwerken,herstelwerken,het bereiden van maaltijden,boodschappen doen om in de dagelijkse behoeften te voorzien,het begeleiden van personen die beperkt zijn in hun beweging en alle andere activiteiten in het kader van dienstencheques.
deed of 18-06-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Portugeesstraat 14 registered office 1790 Affligem 4299011 Civil engineering 14-06-2019 2.290.110.711

Buildings and parcels at the address

Ground area
455 m²
Buildings
75 m²
Volume, LiDAR
579 m³
Tallest building
10.0 m
Buildings to scale, each on its own parcel
75 m², 10.0 m 75 m², 10.0 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
23085A1107/00E000455 m² 1 · 75 m² 10.0 m · 3

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 0728.486.232