Turnover
≈ €230,000 estimated
The micro format states no turnover.
SOB CONSTRUCT
Lifetime
1 annual account with figurespeak €18,840 (2024)
€18,840
peak €15,092 (2024)
€15,092
peak €15,092 (2024)
€15,092
€11,304
Board2 names since 2024
1 directorIVAN Marin Marius
Documentsfilings and deeds
14-08-202514 days late
2024micro format
Company renamed from COSTINEL CONSTRUCT to SOB CONSTRUCT 16-08Incorporation 05-031 establishment registeredFirst year with figures
Key points
from the 2024 annual accounts2024 accounts filed 14 days after the deadline
Checked score
40
Weak
Financially stronger than 62% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.8% Elevated
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 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 3.6%
05-2025: 3.7%▲ +0.1 percentage points vs 04-2025
06-2025: 4.1%▲ +0.4 percentage points vs 05-2025
07-2025: 4.2%▲ +0.1 percentage points vs 06-2025
08-2025: 4.6%▲ +0.4 percentage points vs 07-2025
09-2025: 3.0%▼ -1.6 percentage points vs 08-2025lowest value
10-2025: 3.2%▲ +0.2 percentage points vs 09-2025
11-2025: 3.2%● unchanged vs 10-2025
12-2025: 3.1%▼ -0.1 percentage points vs 11-2025
01-2026: 3.1%● unchanged vs 12-2025
02-2026: 3.1%● unchanged vs 01-2026
03-2026: 3.2%▲ +0.1 percentage points vs 02-2026
04-2026: 3.4%▲ +0.2 percentage points vs 03-2026
05-2026: 3.4%● unchanged vs 04-2026
06-2026: 3.4%● unchanged vs 05-2026
07-2026: 3.6%▲ +0.2 percentage points vs 06-2026
08-2026: 3.9%▲ +0.3 percentage points vs 07-2026
09-2026: 4.0%▲ +0.1 percentage points vs 08-2026
10-2026: 4.8%▲ +0.8 percentage points vs 09-2026highest value
11-2026: 4.8%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Figures for financial year 2024 (filed on 14-08-2025)
Size: total assets €26,395
Sector: Construction of residential and non-residential buildings (NACE 41)
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 66% of them on solvency, 29% on liquidity and 91% on profitability.
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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 39,278 companies had the same profile as SOB CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SOB CONSTRUCT itself is higher: 4.8% within 12 months. It rests on far more data about SOB CONSTRUCT than the profile alone.
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.
| 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 39,278 companies, not a prediction for SOB 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
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 2.34, above the usual 1.5. Short-term debt is 42.8% and cash 3.8% of total assets. 42.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2024 accounts filed 14 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 · 1 filingDeviation from the deadline
2024
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 14 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 (1)
Recent changes
Left the Peppol Directory
Company renamed from COSTINEL CONSTRUCT to SOB CONSTRUCT
Resignation: SIMA Costinel (director) · Appointment: IVAN Marin Marius (director) · General meeting of 13-08-2024 · Gazette deed
Incorporation
Founding capital of €500, 100 shares · Founder: SIMA Costinel · Appointment: SIMA Costinel (director) · published on 05-03-2024 · Gazette deed
First establishment
Paul De Mertenlaan 3, Jette
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOB CONSTRUCT Sint-Pieters-Leeuw | - | - | 57.2% | - |
| RCE CONSTRUCT Sint-Pieters-Leeuw | €195,278 | 8.8% | 80.3% | - |
| ANTIC GROUP Sint-Pieters-Leeuw | €73,283 | 22.3% | 56.9% | - |
| L/L Solaris Sint-Pieters-Leeuw | - | - | 62.6% | - |
| DP BUILDER Sint-Pieters-Leeuw | €219,658 | 6.0% | 49.7% | - |
| TITAN CONSTRUCTION Zaventem | - | - | 85.0% | - |
| ALLCORP Zaventem | - | - | 87.2% | - |
These companies have the same main activity as SOB CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €23,800 and €31,500, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 01-03-2024Normal situation
- Registered office
- 619 active companies are registered at this address122 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.356.488.5041090 Jette, since 01-03-2024
- Financial year end
- 31 December
- Peppol
- Left the register on 27-10-2026
Insights on SOB CONSTRUCT
The computed 12-month bankruptcy probability of SOB CONSTRUCT is 4.8% (elevated). The 2024 annual accounts show equity of €15,092 and a net result of €15,092.
Its solvency ranks better than 66% of 9,833 sector peers (NACE 41, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOB CONSTRUCT
- What is the company number of SOB CONSTRUCT?
- The company number of SOB CONSTRUCT is 1006.657.684. The VAT number is the same number with BE in front: BE 1006.657.684.
- Where is SOB CONSTRUCT based?
- The registered office is at Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw.Company details
- What does SOB CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of SOB CONSTRUCT?
- SOB CONSTRUCT is a private limited company (BV).
- When was SOB CONSTRUCT founded?
- SOB CONSTRUCT was founded on 01-03-2024.
- Is SOB CONSTRUCT still active?
- Yes, SOB CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of SOB CONSTRUCT?
- The turnover in financial year 2024 is ≈ €230,000. This figure is estimated from the gross margin of €18,840 and 263 comparable companies (NACE 41001). It probably lies between €120,000 and €410,000. It is a rough estimate.Financials
- Is SOB CONSTRUCT profitable?
- In financial year 2024, SOB CONSTRUCT made a profit of €15,092.
- Where can I find the annual accounts of SOB CONSTRUCT?
- SOB CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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