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SEART CONSTRUCT

Active Private limited companyfounded 2023active for 3 yearsAdrien Bayetlaan 32, 1020 BrusselsKBO/BCE: BE 0802.896.219
SEART CONSTRUCT
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Overview

Lifetime

2 annual accounts with figures on one time axis
peak €456,438 (2024)
€245,424▼ 46.2%
peak €15,480 (2024)
€1,332▼ 91.4%
peak €16,811 (2025)
€16,811▲ 8.6%
€157,417▲ 30.1%
Board1 name since 2023
1 director
Documentsfilings and deeds
25-06-20265 days before the deadline
2025micro format
Turnover from €456,438 to €245,424Gross margin from €34,115 to €17,802Result from €15,480 to €1,332Debts from €120,996 to €157,417Investments €54,211

Key points

from the 2025 annual accounts

Turnover

€245,424 ▼ 46.2%
€456,0002024€245,0002025

Turnover fell in 2025 from €456,438 to €245,424.

Debts

€157,417 90% of the balance sheet
Financial debts 31%Suppliers 46%Taxes and wages 0%Other 22%

Of this, €108,247 falls due within a year.

Investments

€54,211 3.6 × depreciation
20242025

Green is investment, beige is depreciation.

Payment terms

116 days to suppliers
Suppliers
97 to 116
Customers
31 to 79

SEART CONSTRUCT pays its suppliers 19 days later than in 2024. Customers pay 48 days later.

Position in the sector

9.6%

Lower solvency than 86% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,134 companies had the same profile as SEART CONSTRUCT has now. Each dot stands for 6 companies, two years later.

92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 2,134 companies, not a prediction for SEART 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.

Credit verdict

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

Signals

Board and ownership

Director
  • founderdeed of 21-06-2023
Board & ownership

Recent changes

Registered office moved to Laeken New registered office: Rue Adrien Bayet 32, 1020 Laeken · General meeting of 16-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802896219
First establishment Adrien Bayetlaan 32, Brussels
Incorporation Founding capital of €4,000 · Founder: · Appointment: (sole director) · published on 21-06-2023 · Gazette deed
All 6 events

Comparable companies

same main activity, similar in size and age
Company
SEART CONSTRUCT Brussels €174,229 €17,802 9.6% -
CONSTRUCTION DESIGN CONCEPT Sint-Gillis (bij-Brussel) €223,785 €15,907 23.5% -
TRANOV Ypres €140,668 €14,661 54.1% -
Kris Goelen Balen €119,795 €14,199 -40.6% -
Vemi Projects Beernem €115,280 €16,903 15.7% -
HOLFIX Moorslede €225,066 €26,762 19.2% -
AMS Corp. Nazareth-De Pinte €207,915 €31,632 61.9% -

These companies have the same main activity as SEART CONSTRUCT: plastering work (NACE 43310). They are comparable in size and age: total assets between €115,000 and €225,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 19-06-2023Normal situation
Activity
Plastering workNACE 43310and 4 others
Establishment unit
2.347.413.7571020 Brussels, since 19-07-2023
Financial year end
30 November
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 30-11-2025

€245,424▼ 46.2%
€1,332▼ 91.4%
€16,811▲ 8.6%
€174,229▲ 27.7%
≈ 0 FTEestimated
Filing
Filed on 25-06-2026, 5 days before the end of the filing period
Financials

Insights on SEART CONSTRUCT

The 2025 annual accounts show equity of €16,811 and a net result of €1,332. Its solvency ranks better than 14% of 37,177 sector peers (NACE 43, financial year 2025).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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

Financials

Annual accounts 2025

micro format, filed on 25-06-2026, 5 days before the deadline
€245,424
▼ 46.2%
€2,245
▼ 88.5%
€17,356
▼ 48.5%
€16,443
▼ 44.7%
9.6%
▼ 1.7 percentage points
1.02
▲ 0.10

Money flows

of every €100 of turnover, €0.54 remains as profit in 2025

Balance sheet

balance sheet total €174,229 on 30-11-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

9.6%

Higher than 14% of 37,177 companies in 2025.

1.02

Higher than 22% of 36,472 companies in 2025.

0.8%

Higher than 27% of 36,707 companies in 2025.

SEART CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 174,229136,476
21/28 64,23325,133
22/27 64,23325,133
23 4,65414,030
24 59,57911,103
29/58 109,995111,342
40/41 64,56152,615
40 53,32139,027
41 11,24013,588
54/58 45,43458,727
Balance sheet: equity and liabilities
10/49 174,229136,476
10/15 16,81115,480
14 16,81115,480
17/49 157,417120,996
17 49,170-
170/4 49,170-
42/48 108,247120,996
44 72,586111,805
440/4 46,57073,867
441 26,01637,938
45 3678,393
450/3 3673,893
454/9 -4,500
47/48 35,294798
Income statement
70 245,424456,438
9900 17,80234,115
60/61 227,622422,324
62 162155
630 15,11114,261
640/8 283240
9901 2,24519,459
65/66B 54786
65 54786
9903 1,69819,372
67/77 3673,893
9904 1,33215,480
9905 1,33215,480
Appropriation of the result
9906 16,81115,480
14P 15,480-
Document PDFPDF

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 2025 at the NBB, filed on 25-06-2026.

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
30-11-2025 micro format 25-06-2026 2026-00206030 PDF
30-11-2024 micro format 27-06-2025 2025-00217394 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
17,35633,719
16,44329,740
54,21139,394
-13,293-
1,749-9,654
0.9%4.3%
9.6%11.3%
1.020.92
9.367.82
7.9%100.0%
0.8%11.3%
31.75over 100
79 days31 days
116 days97 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.

Investments

fixed assets acquired
Item30-11-202530-11-2024
Tangible fixed assets€54,211€39,394
€15,111€14,261

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on SEART CONSTRUCT

The operating result for 2025 is 88% lower than in 2024.

Debt's share of the balance-sheet total rises from 88.7% to 90.4%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Sole director
appointed by deed of 21-06-2023 term without a fixed end

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Sole director
Board
Mandates as a list
    • Sole director, appointed by deed of 21-06-2023, still in office

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

Control

Founder
This company
SEART CONSTRUCT
Equity €16,811
Profit €1,332 in 2025

Capital

Contribution
€4,000
Source
deed of 21-06-2023

Articles of association

deed of 21-06-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last day of May at 18:00

Shareholders

At incorporation deed of 21-06-2023 ↗
  • €4,000 in cash

Network & group

No group

SEART CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. SEART CONSTRUCT shares no director with another company.

At the same address

Adrien Bayetlaan 32, 1020 Brussels · 2 other companies
Bizo, Niculina (sole trader)
establishment since 01-07-2021
 founded in 2021
0778.844.474
Association des copropriétaires de la résidence "Port Royal" sis à 1020 Bruxelles, à l'angle de l'avenue Laennec et l'avenue Adrien Bayet 32
registered office since 18-10-1966
 founded in 1966
0554.686.085

Timeline

Timeline

6 events since 2023

Deadline for the 2026 accounts: 30-06-2027

2026
Annual accounts 2025 filed NBBmicro format · 5 days before the deadline
Registered office moved to LaekenNew registered office: Rue Adrien Bayet 32, 1020 Laeken · General meeting of 16-01-20262 points ▸
  • General meeting, 16-01-2026
  • Registered-office move, Rue Adrien Bayet 32, 1020 Laeken

Open the deed in the Belgian Official Gazette

2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802896219
Annual accounts 2024 filed PDFmicro format · 3 days before the deadline
2023
First establishment Adrien Bayetlaan 32, Brussels
IncorporationFounding capital of €4,000 · Founder: · Appointment: (sole director) · published on 21-06-20233 points ▸
  • Founder,
  • Founding capital, €4,000
  • Director appointment, (sole director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

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

History

SEART CONSTRUCT was incorporated on 19 June 2023 as a private limited company by one natural person, with a starting capital of €4,000.12 The registered office was moved to Laeken in 2026.3 is sole director of the company, appointed by deed of 21-06-2023.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-06-2023
  3. 3Belgian Official Gazette, 25-02-2026

Company details

Identity

Enterprise number
0802.896.219
VAT number
BE 0802.896.219
Peppol ID
0208:0802896219
Other Peppol ID
9925:BE0802896219
Legal form
Private limited company
Status
Active, normal situation
Founded
19-06-2023
Financial year
ends on 30 November
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last day of May at 18:00
deed of 21-06-2023 (in French)
Peppol
Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SEART CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-06-2023 (in French)

Activities

NACEBEL 2025
43310 Plastering work main activity
43320 Joinery installation
43341 Painting of buildings
43990 Other specialised construction activities
81210 General cleaning of buildings
Codes under NACEBEL 2008
43310 Plastering work main activity
43320 Joinery installation
43341 Painting of buildings
43995 Specialised construction activities
81210 General cleaning of buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’entreprise générale de construction de bâtiments résidentiels et non-résidentiels; La construction de routes et de voies ferrées,y compris…”
45 activities
  1. L’entreprise générale de construction de bâtiments résidentiels et non-résidentiels
  2. La construction de routes et de voies ferrées,y compris de ponts et de tunnels
  3. La construction de réseaux et de lignes,y compris les réseaux pour fluides,les réseaux d’eau et de gaz et les réseaux d’évacuation des eaux usées
  4. La construction d’autres ouvrages de génie civil,y compris la construction d’ouvrages maritimes et fluviaux
  5. Les travaux de terrassement:creusement,comblement,nivellement de chantiers de construction,ouverture de tranchées,dérochement,destruction à l’explosif,etc.
  6. Tous les travaux de construction spécialisées,y compris la démolition,la préparation des sites,les forages d’essai et sondages,la réalisation de fondations et le battage de pieux
  7. Tous autres travaux de construction spécialisées,y compris les travaux de toiture,les travaux d’étanchéité des murs,le ravalement des façades(nettoyage à la vapeur,le sablage et les activités analogues),la construction de cheminées décoratives et de feux ouverts,les travaux de maçonnerie et de rejointoiement,les travaux de restauration des bâtiments et la pose de chapes
  8. Les travaux de peinture(aussi intérieurs qu’extérieurs)
  9. Les travaux de plomberie et autres travaux d’installation,y compris l’installation de chauffage,de ventilation et de conditionnement d’air,ainsi que les travaux d’installation
  10. Les travaux d’installation électrique,y compris la construction de réseaux électriques et de télécommunication
  11. L’installation,l’entretien et la réparation de systèmes de panneaux solaires ou autres sources alternatives d’énergie
  12. Tous travaux d’isolation,tant thermique qu’acoustique et antivibration
  13. L’installation,l’entretien et la réparation de systèmes d’alarme et de surveillance
  14. Les travaux de finition,y compris la plâtrerie,la menuiserie,les cloisons sèches,le revêtement des sols et des murs,la pose de revêtements en bois,la pose de papier peints et de revêtements de murs et de sols en d’autres matériaux et de travaux de vitrerie
  15. Tous autres travaux de finition,y compris le nettoyage de nouveaux bâtiments après leur construction
  16. La fabrication d’ouvrages en béton,en ciment ou en plâtre
  17. La taille,le façonnage et le finissage de pierre
  18. La fabrication d’éléments en métal pour la construction
  19. Le traitement,manipulation et revêtement des métaux
  20. L’installation et l’exploitation d’échafaudages,de plateformes de travail et d’installations d’ascenseurs mobiles
  21. L’entretien et le nettoyage des égouts et des canalisations
  22. Le nettoyage et le débouchage de tuyaux d’écoulement dans des bâtiments
  23. L’assainissement et le nettoyage de bâtiments,de sites miniers,de sols ou d’eaux souterraines contaminées,y compris le désamiantage
  24. Le nettoyage courant des parties intérieures de bâtiments,y compris le nettoyage domestique et l’aide-ménagère,rémunérés avec titres-services ou non
  25. Les activités de nettoyage spécialisé de bâtiments
  26. Les activités de décoration d’intérieur
  27. Les services d’aménagement paysager,y compris la plantation,les soins et l’entretien de parcs et jardins pour tous types de bâtiments,terrains municipaux et verdure bordant les voies de communication,ainsi que les terrains de sport
  28. L’exploitation forestière
  29. La promotion immobilière de bâtiments résidentiels et non-résidentiels
  30. La location et la location-bail de machines et d’équipements pour la construction
  31. La location,le leasing et le renting de tous véhicules motorisés
  32. L’achat,la vente,l’importation et l’exportation de tous véhicules motorisés,neufs ou d’occasion,ainsi que d’accessoires et pièces détachées
  33. L’entretien et la réparation de véhicules motorisés
  34. Le transport routier et l’entreposage de fret
  35. Les services de déménagement
  36. Les transports urbains et suburbains de voyageurs
  37. La distribution et la livraison du courrier et des colis
  38. Tous services administratifs de bureau et autres activités de soutien aux entreprises
  39. Toutes activités de conseil pour les affaires et autres conseils de gestion
  40. Tous types de commerce,l'importation et l'exportation de tous articles et produits négociables,y compris le commerce de détail alimentaire en magasin spécialisé ou non-spécialisé
  41. Le commerce de détail sur éventaires et marchés
  42. Toutes activités d’une société de patrimoine,y compris celles des marchands de biens et la location et l’exploitation de biens immobiliers propres ou loués
  43. Toutes activités d’une société de management,y compris l’exercice de mandats d’administrateur et de liquidateur dans d’autres personnes morales
  44. Toutes activités des sociétés holding,y compris l’acquisition,la gestion et la vente,pour son compte propre exclusivement,de tous placements,titres et effets financiers,tant à court terme,qu’à moyen ou long terme
  45. Toutes activités de marketing et de publicité,ainsi que l’exploitation de bureaux de publicité et de droits intellectuels et d’auteur de toute nature
deed of 21-06-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Adrien Bayetlaan 32 registered office 1020 Brussels 4312005 Site preparation 19-07-2023 2.347.413.757

Buildings and parcels at the address

Ground area
575 m²
Buildings
256 m²
Volume, LiDAR
4,296 m³
Tallest building
20.6 m
Buildings to scale, each on its own parcel
256 m², 20.6 m 256 m², 20.6 m

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
21816G0106/00B005575 m² 1 · 256 m² 20.6 m · 6

Contact

E-mail calancea.sorin@yahoo.com
Phone +32 493 40 23 69

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 0802.896.219

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