SERGIU CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SERGIU CONSTRUCT is 2.0% (moderate). The 2025 annual accounts show equity of €43,983 and a net result of €417,144. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 28184 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+66
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 5.55 against 1.09 in 2024; short-term debt: 18% of total assets), and 18% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82%
Return on assets
777.5%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-05-2026, 15 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
15 d late
2024
67 d late
2023
194 d late
2022
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€43,983▼ 28.9%
2024 · €61,838
Total assets
€53,650▼ 92.2%
2024 · €691,274
Net result
€417,144▲ 49.5%
2024 · €279,066
Working capital
€43,983▼ 24.0%
2024 · €57,838
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€2,076-€379,532▲ 18,181%€279,066▼ 26.5%€409,144▲ 46.6%
Net result€2,076-€379,396▲ 18,176%€279,066▼ 26.4%€417,144▲ 49.5%
Equity€3,376-€32,772▲ 871%€61,838▲ 88.7%€43,983▼ 28.9%
Total assets€185,706-€382,772▲ 106%€691,274▲ 80.6%€53,650▼ 92.2%
Debt€182,331-€350,000▲ 92.0%€629,436▲ 79.8%€9,667▼ 98.5%
Working capital-€2,624-€26,772€57,838▲ 116%€43,983▼ 24.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets -92% on 2024. Cause not known from the registers.
- 2024 Total assets +81% on 2023. Cause not known from the registers.
- 2023 Net result +18,176%, Total assets +106% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €53,650
Equity
€43,983 ▼ 28.9%
Debt
€9,667 ▼ 98.5%
Debt's share of the balance-sheet total falls from 91.1% to 18.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
5.55▲
2024 · 1.09
Debt to equity
0.22▼
2024 · 10.18
ROE
948.4%▲
2024 · 451.3%
ROA
777.5%▲
2024 · 40.4%
Debt ≤ 1 year
€9,667▼
2024 · €629,436
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,000 | - | - |
| Other operating charges640/8 | - | €1,907 | - | - | - |
| Gross operating margin9900 | €2,076 | €381,439 | €281,066 | €409,144 | ▲ 45.6% |
| Operating profit (loss)9901 | €2,076 | €379,532 | €279,066 | €409,144 | ▲ 46.6% |
| Financial income75/76B | - | - | - | €8,000 | - |
| Recurring financial income75 | - | - | - | €8,000 | - |
| Financial charges65/66B | €0 | €136 | - | - | - |
| Recurring financial charges65 | €0 | €136 | - | - | - |
| Profit (loss) for the period before taxes9903 | €2,076 | €379,396 | €279,066 | €417,144 | ▲ 49.5% |
| Profit (loss) for the period9904 | €2,076 | €379,396 | €279,066 | €417,144 | ▲ 49.5% |
| Profit (loss) for the period to be appropriated9905 | €2,076 | €379,396 | €279,066 | €417,144 | ▲ 49.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €185,706 | €382,772 | €691,274 | €53,650 | ▼ 92.2% |
| Fixed assets21/28 | €6,000 | €6,000 | €4,000 | - | - |
| Tangible fixed assets22/27 | €6,000 | €6,000 | €4,000 | - | - |
| Furniture and vehicles24 | €6,000 | €6,000 | €4,000 | - | - |
| Current assets29/58 | €179,706 | €376,772 | €687,274 | €53,650 | ▼ 92.2% |
| Amounts receivable within one year40/41 | €145,236 | €294,735 | €611,305 | - | - |
| Trade receivables40 | €138,000 | €153,732 | €519,496 | - | - |
| Other amounts receivable41 | €7,236 | €141,004 | €91,809 | - | - |
| Cash at bank and in hand54/58 | €34,471 | €82,037 | €75,969 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €53,650 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €185,706 | €382,772 | €691,274 | €53,650 | ▼ 92.2% |
| Equity10/15 | €3,376 | €32,772 | €61,838 | €43,983 | ▼ 28.9% |
| Contributions10/11 | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Reserves13 | €130 | €130 | €130 | €130 | = |
| Non-distributable reserves130/1 | €130 | €130 | €130 | €130 | = |
| Reserves not available under the articles1311 | €130 | €130 | €130 | €130 | = |
| Profit (loss) carried forward14 | €1,946 | €31,342 | €60,408 | €42,553 | ▼ 29.6% |
| Amounts payable17/49 | €182,331 | €350,000 | €629,436 | €9,667 | ▼ 98.5% |
| Amounts payable within one year42/48 | €182,331 | €350,000 | €629,436 | €9,667 | ▼ 98.5% |
| Trade debts44 | €9,024 | - | - | - | - |
| Suppliers440/4 | €9,024 | - | - | - | - |
| Taxes, remuneration and social security45 | €169,136 | - | €29,436 | - | - |
| Remuneration and social security454/9 | €169,136 | - | €29,436 | - | - |
| Other amounts payable47/48 | €4,170 | €350,000 | €600,000 | €9,667 | ▼ 98.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,076 | €379,396 | €279,066 | €417,144 | ▲ 49.5% |
| + Depreciation and write-downs630 | - | - | €2,000 | - | - |
| Operating cash flow (approximation) | €2,076 | €379,396 | €281,066 | €417,144 | ▲ 48.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - |
| Change in cash | - | €47,566 | -€6,068 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
30-09
Financial
Highest result since 2022net €417,144 ▲49.5%
Operating result €409,144, net result €417,144, both a record.
30-09
Financial
Liquidity times 5current ratio 5.55
Current ratio from 1.09 to 5.55; short-term debt falls from €629,436 to €9,667.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
10-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 194 days late
2023
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2021
Ground area
7,368 m²
Building footprint
1,597 m²
Volume, LiDAR
41,614 m³
2 parcels, Brussels, Flanders · tallest building 39.7 m, ±11 floors. Linked by address, not a title deed.
512
companies at this address
See who is registered here
1 establishment unit
SERGIU CONSTRUCT
since 20212.326.168.381
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0060/00K000 | Brussels | 5,730 m² | 1 · 1,200 m² | 39.7 m · 11 fl. |
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,141 companies in sector 43910 we hold annual accounts for 5,492. 4,628 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2021
Fiscal year end30-09
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43310Plastering work
43320Joinery installation
43422Screed work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776604467
Also
9925:BE0776604467
Registered
05-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.