SOUZA CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SOUZA CONSTRUCT is 3.7% (moderate). The 2025 annual accounts show equity of €37,992 and a net result of -€6,743. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 73% of 9,316 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €37,992
- Loss
- -€6,743
Why 49raises riskFounded in 20231 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.43, cash €21,757, halvedShow the evidence
Checked score
About 4 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 74% on solvency, 83% on liquidity, 11% on profitability and 22% on growth.
The bankruptcy probability was computed on 25-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 23 days after 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…
- Purpose · Amendment of the articlesCapital · Power of attorney
- Weakest financial yearnet -€6,743
Financials · financial year 2025, micro format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541610.
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €6,499 after €38,784 in 2024, the lowest result in the available series.
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 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 87.7% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% 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 497,475 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 3,225 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,566 | €3,727 | €3,245 | ▼ 12.9% |
| Other operating charges640/8 | €237 | - | €343 | - |
| Gross operating margin9900 | €21,029 | €42,512 | -€2,911 | - |
| Operating profit (loss)9901 | €19,226 | €38,784 | -€6,499 | - |
| Financial charges65/66B | €77 | €261 | €244 | ▼ 6.7% |
| Recurring financial charges65 | €77 | €261 | €244 | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | €19,149 | €38,523 | -€6,743 | - |
| Income taxes67/77 | €5,290 | €10,646 | - | - |
| Profit (loss) for the period9904 | €13,859 | €27,877 | -€6,743 | - |
| Profit (loss) for the period to be appropriated9905 | €13,859 | €27,877 | -€6,743 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €47,939 | €86,261 | €58,850 | ▼ 31.8% |
| Formation expenses20 | €1,151 | - | - | - |
| Fixed assets21/28 | €9,788 | €8,598 | €8,169 | ▼ 5.0% |
| Tangible fixed assets22/27 | €9,583 | €8,394 | €7,964 | ▼ 5.1% |
| Plant, machinery and equipment23 | - | €1,311 | €2,410 | ▲ 83.9% |
| Furniture and vehicles24 | €9,583 | €7,083 | €5,554 | ▼ 21.6% |
| Financial fixed assets28 | €204 | €204 | €204 | = |
| Current assets29/58 | €37,001 | €77,663 | €50,682 | ▼ 34.7% |
| Amounts receivable within one year40/41 | €4,393 | €25,746 | €27,990 | ▲ 8.7% |
| Trade receivables40 | €3,720 | €21,447 | €7,608 | ▼ 64.5% |
| Other amounts receivable41 | €673 | €4,299 | €20,382 | ▲ 374% |
| Cash at bank and in hand54/58 | €32,609 | €51,372 | €21,757 | ▼ 57.6% |
| Deferred charges and accrued income490/1 | - | €545 | €935 | ▲ 71.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €47,939 | €86,261 | €58,850 | ▼ 31.8% |
| Equity10/15 | €16,859 | €44,735 | €37,992 | ▼ 15.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €13,859 | €41,735 | €41,735 | = |
| Distributable reserves133 | €13,859 | €41,735 | €41,735 | = |
| Profit (loss) carried forward14 | - | - | -€6,743 | - |
| Amounts payable17/49 | €31,081 | €41,526 | €20,858 | ▼ 49.8% |
| Amounts payable within one year42/48 | €31,081 | €41,526 | €20,858 | ▼ 49.8% |
| Trade debts44 | €17,185 | €25,394 | €2,218 | ▼ 91.3% |
| Suppliers440/4 | €17,185 | €25,394 | €2,218 | ▼ 91.3% |
| Taxes, remuneration and social security45 | €13,896 | €16,132 | €18,640 | ▲ 15.5% |
| Taxes450/3 | €1,430 | €3,146 | €3,146 | = |
| Remuneration and social security454/9 | €12,466 | €12,986 | €15,494 | ▲ 19.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,859 | €27,877 | -€6,743 | - |
| + Depreciation and write-downs630 | €1,566 | €3,727 | €3,245 | ▼ 12.9% |
| Operating cash flow (approximation) | €15,425 | €31,604 | -€3,498 | - |
| Investment in fixed assets (approximation) | - | -€2,538 | -€2,816 | ▼ 10.9% |
| Change in cash | - | €18,763 | -€29,615 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00541610 |
| 31-12-2024 | micro format | 26-07-2025 | 2025-00324554 |
| 31-12-2023 | micro format | 14-08-2024 | 2024-00346424 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CHAVES DE SOUZA, Vagner |
|
Owners and capital
Capital and shareholders
- 21-01-2026 Capital stated in the deed · 1,000 shares
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
21-01
Gazette deed
Purpose · Amendment of the articlesCapital · Power of attorney5 facts ▸
- General meeting, 12-11-2025
- Amendment of the articles
- Capital
- Power of attorney, Valérie De Racker
- Power of attorney
23-12
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 12-11-2025
- Registered-office move (2 times)
28-06
Gazette deed
IncorporationAppointment: CHAVES DE SOUZA, Vagner (director) · Founder · Founding capital6 facts ▸
- Incorporation, “SOUZA CONSTRUCT” (deed in Dutch)
- Founder, CHAVES DE SOUZA, Vagner
- Founding capital, €3,000
- Capital (2 times)
- Board rule, 1
- Director appointment, CHAVES DE SOUZA, Vagner (director)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 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 0803.129.811
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92082B0732/00M000 | Wallonia | 1,928 m² | 1 · 152 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle gereglementeerde of niet gereglementeerde werken die betrekking hebben tot de bouwsector; Alle ruwbouwwerkzaamheden,algemeen…” (deed in Dutch)deed of 28-06-2023
4 activities (deed in Dutch)
- Alle gereglementeerde of niet gereglementeerde werken die betrekking hebben tot de bouwsector
- Alle ruwbouwwerkzaamheden,algemeen bouwbedrijf,bekisting en bewapening,betegeling,dakbedekking en waterdichting,beglazing
- Het schoonmaken en het onderhoud van onroerende goederen,het schoonmaken van vensters en van bureaus,kleine bureauwerkjes,onder aanneming
- Het optreden als beroepshandelaar bij onroerende goederen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 21-01-2026
- Name clauseThe name the company operates under according to its articles.
- SOUZA CONSTRUCTdeed of 21-01-2026
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, pas de changement en matière de régime linguistique applicable” (deed in Dutch)deed of 21-01-2026
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, Article 10” (deed in Dutch)“Indépendamment des frais éventuels de représentation,voyages et déplacements, Article 13” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires prennent connaissance relatif à leurs titres” (deed in Dutch)deed of 21-01-2026
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant et moitié acquéreurs, Article 9” (deed in Dutch)deed of 21-01-2026
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, droit de souscription préférentielle au débiteur-gagiste” (deed in Dutch)deed of 21-01-2026
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deeddeed of 28-06-2023
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, prévues pour modifications aux statuts” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in Dutch)