SITE CONSTRUCT
ActiveSummary
SITE CONSTRUCT has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,226) and a net result of -€2,804. Equity is shrinking by about 50% per year across the filed financial years. Its solvency ranks better than 5% of 9,348 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Staff
- ≈ 0 FTE, estimated
- Equity
- -€4,226
- Loss
- -€2,804
Why 53raises riskCapped at 59: negative equityNegative equity -€4,226Loss of €2,804 (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: turnover €63,226, total assets €5,299Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 3% on solvency, 29% on liquidity, 5% on profitability and 20% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €4,759
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €2,605 after €4,903 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,907 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €69,344 | €57,667 | €51,337 | €69,081 | €63,226 | ▼ 8.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €59,789 | €61,699 | €63,285 | €65,461 | ▲ 3.4% |
| Remuneration, social security and pensions62 | - | - | - | €75 | €43 | €155 | €85 | ▼ 45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €525 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €433 | €729 | €738 | €284 | ▼ 61.5% |
| Gross operating margin9900 | -€2,993 | €1,709 | -€3,962 | -€1,979 | -€10,361 | €5,796 | -€2,236 | - |
| Operating profit (loss)9901 | -€4,703 | €1,370 | -€4,024 | -€2,487 | -€11,134 | €4,903 | -€2,605 | - |
| Financial charges65/66B | - | - | - | €201 | €192 | €144 | €67 | ▼ 53.3% |
| Recurring financial charges65 | €603 | €449 | €206 | €201 | €192 | €144 | €67 | ▼ 53.3% |
| Profit (loss) for the period before taxes9903 | -€5,306 | €921 | -€4,229 | -€2,688 | -€11,326 | €4,759 | -€2,672 | - |
| Income taxes67/77 | - | - | - | - | - | - | €132 | - |
| Profit (loss) for the period9904 | -€5,306 | €921 | -€4,229 | -€2,688 | -€11,326 | €4,759 | -€2,804 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,306 | €921 | -€4,229 | -€2,688 | -€11,326 | €4,759 | -€2,804 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €19,129 | €13,984 | €8,639 | €8,962 | €4,167 | €7,667 | €5,299 | ▼ 30.9% |
| Fixed assets21/28 | €90 | €90 | €90 | €90 | €90 | €90 | €90 | = |
| Financial fixed assets28 | €90 | €90 | €90 | €90 | €90 | €90 | €90 | = |
| Current assets29/58 | €19,039 | €13,894 | €8,549 | €8,872 | €4,077 | €7,577 | €5,209 | ▼ 31.3% |
| Amounts receivable within one year40/41 | €19,038 | €10,623 | €7,789 | €5,930 | €914 | €593 | €2,724 | ▲ 359% |
| Trade receivables40 | - | - | - | €4,069 | €208 | - | €2,304 | - |
| Other amounts receivable41 | - | - | - | €1,861 | €706 | €593 | €420 | ▼ 29.1% |
| Cash at bank and in hand54/58 | €0 | €2,643 | €106 | €2,263 | €2,450 | €6,193 | €1,443 | ▼ 76.7% |
| Deferred charges and accrued income490/1 | - | - | - | €679 | €713 | €791 | €1,041 | ▲ 31.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €19,129 | €13,984 | €8,639 | €8,962 | €4,167 | €7,667 | €5,299 | ▼ 30.9% |
| Equity10/15 | €11,141 | €12,062 | €7,833 | €5,145 | -€6,181 | -€1,422 | -€4,226 | ▼ 197% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | €18,600 | - |
| Share premium1100/10 | - | - | - | - | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€9,319 | -€8,398 | -€12,627 | -€15,315 | -€26,641 | -€21,882 | -€24,686 | ▼ 12.8% |
| Amounts payable17/49 | €7,987 | €1,922 | €807 | €3,817 | €10,348 | €9,089 | €9,525 | ▲ 4.8% |
| Amounts payable within one year42/48 | €7,987 | €1,922 | €807 | €3,817 | €10,348 | €9,089 | €9,525 | ▲ 4.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €606 | - | - | - | - |
| Trade debts44 | €2,460 | €1,153 | - | €3,211 | €1,027 | €497 | - | - |
| Suppliers440/4 | - | - | - | €1,871 | €855 | €412 | - | - |
| Bills of exchange payable441 | - | - | - | €1,340 | €172 | €85 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €2,446 | €2,566 | €2,000 | ▼ 22.1% |
| Remuneration and social security454/9 | - | - | - | - | €2,446 | €2,566 | €2,000 | ▼ 22.1% |
| Other amounts payable47/48 | - | - | - | - | €6,874 | €6,026 | €7,525 | ▲ 24.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,306 | €921 | -€4,229 | -€2,688 | -€11,326 | €4,759 | -€2,804 | - |
| + Depreciation and write-downs630 | €525 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€4,781 | €921 | -€4,229 | -€2,688 | -€11,326 | €4,759 | -€2,804 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,642 | -€2,536 | €2,157 | €187 | €3,743 | -€4,750 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 05-01-2026 | 2026-00000645 |
| 30-06-2024 | micro format | 29-01-2025 | 2025-00016539 |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00019644 |
| 30-06-2022 | micro format | 10-01-2023 | 2023-20556897 |
| 30-06-2021 | full format | 11-01-2022 | 2022-00700149 |
| 30-06-2020 | full format | 05-02-2021 | 2021-04800552 |
| 30-06-2019 | full format | 31-01-2020 | 2020-03600348 |
| 30-06-2018 | full format | 19-12-2018 | 2018-75200004 |
| 30-06-2017 | full format | 22-01-2018 | 2018-02000055 |
| 30-06-2016 | full format | 24-01-2017 | 2017-02100377 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AGACHI Dumitru |
|
Owners and capital
Owners
2 ownersOwners 2
- Dumitru Agachinatural personSourceown accounts 30-06-2020share not stated
- Elena Agachinatural personSourceown accounts 30-06-2020share not stated
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 04-03-2024 Converted to unavailable equity · €20,460
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-03
Gazette deed
Resignation: AGACHI Dumitru (manager)Appointment: AGACHI Dumitru (director) · Capital conversion · Reserve release10 facts ▸
- General meeting, 01-12-2023
- Other provision, “adaptation statuts et maintien forme légale, adapter statuts et conserver SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression compte indisponible et fonds rendus disponibles pour distribution, formes et majorités modification des statuts” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, AGACHI Dumitru (manager)
- Director appointment, AGACHI Dumitru (director (not named in the articles))
- Other provision, “gérants démissionnaires exécution mandat”, director discharge (deed in French)
- Registered office clause, “1180 Uccle, Avenue Kersbeek 308” (deed in French)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0821.456.178
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21905C0149/00B013 | Brussels | 1,194 m² | 1 · 392 m² | 22.3 m · 6 |
| 21616G0030/00T016 | Brussels | 342 m² | 1 · 99 m² | 13.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise générale du bâtiment, peinture, maçonnerie, électricité, toiture, toute autre activité de rénovation ; entre autres…” (deed in French)
23 activities (deed in French)
- L’entreprise générale du bâtiment, peinture, maçonnerie, électricité, toiture, toute autre activité de rénovation ; entre autres restauration de monuments.
- Entreprise générale de nettoyage pour les clients professionnels ;
- Transport de marchandises et de personnes ;
- L’exploitation d’un garage auto ainsi que la réalisation d’un commerce de voitures d’occasion y compris la location des voitures.
- L’exploitation d’une entreprise de réparation de véhicules automobiles, la réparation des parties mécaniques et électriques ;
- Le commerce au détail de véhicules automobiles pour le transport de personnes y compris les véhicules automobiles spécialisés (ambulances)
- L’exploitation d’une entreprise de courrier express ;
- L’informatique en général : l’élaboration et la conception de logiciel, la vente et l’achat de matériel informatique et de bureau, ainsi que de consommables de bureau, l’étude de projets informatiques au sens large, et tout ce qui se rapporte directement ou indirectement à l’informatique, la consultance, la formation, la commercialisation des services et de produits, la maintenance hardware et software ;
- Commerce snack-bar ;
- Location de voitures et outillage de construction ;
- L’exploitation d’un salon de coiffure ;
- La fabrication de meubles ;
- Matériaux de construction, matériel électrique et électronique, sanitaire et plomberie ;
- Tous produits alimentaires tels que fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et article cadeaux ;
- Vidéothèque, location de produits de divertissements, films et tous autres produits assimilés ;
- Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large ;
- Tous produits de l’artisanat en général, tapisserie, y compris les articles du tiers-monde, des meubles ;
- Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage, ainsi que savons et détergents ;
- Tous les articles d’horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières ;
- Tous livres, antiquités, brocantes, objets de décoration, machines industrielles ;
- Tous appareils électroménagers, tous films de bandes magnétiques, cassettes, tous articles imprimés ou enregistrés permettant leur lecture, vision ou audition ;
- Tous matériels de bureau et d’informatique.
- Entreprise générale de nettoyage.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SITE CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts, succursales Belgique ou étranger par organe administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, organe d'administration” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Huitaine expiration délai réponse, libre cession tout/partie” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution tout temps par assemblée formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désigner liquidateurs pouvoirs et émoluments, administrateurs en fonction si aucun autre désigné” (deed in French)