Higher solvency than 89% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as START CONSTRUCT has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% 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 26,969 companies, not a prediction for START 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered office moved from Relegem Brusselsesteenweg to Asse
New registered office: Brusselsesteenweg 613, 1731 Asse (Relegem) · Previous registered office: 1731 Relegem Brusselsesteenweg 613 · “Algemene bouwwerkzaamheden, in het bijzonder ruwbouw, metsel- en betonwerk, afbraak sloopwerkzaamheden…” (deed in Dutch) · General meeting of 05-12-2023 · Gazette deed
Resignation: Name hiddenVisible after signing in (director)
Transfer of shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in · Director discharge: Name hiddenVisible after signing in · Hidden nameVisible after signing in is a shareholder · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: Name after signing inVisible after signing in (comparant) and Name hiddenVisible after signing in (comparant) · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · published on 11-05-2020 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as START CONSTRUCT: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €38,200 and €48,500, founded between 2018 and 2020.
micro format, filed on 18-06-2026, 43 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €150,000 and €520,000.
Balance sheet
balance sheet total €39,950 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 4 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.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
2022
2021
10,313
17,344
15,831
11,774
7,162
6,744
13,880
13,373
10,372
6,646
0
310
3,512
2,146
16,902
6,060
3,526
-6,687
6,973
-
33,144
26,400
12,831
2,970
-5,256
84.7%
83.8%
70.4%
52.3%
27.3%
6.43
5.77
2.75
1.34
0.63
0.18
0.19
0.42
0.91
2.67
15.7%
39.0%
44.9%
43.7%
7.3%
13.3%
32.6%
31.6%
22.9%
2.0%
30.27
64.90
over 100
77.89
54.48
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.
Overdue debts
tax and social security
Overdue debts
Overdue debts are taxes and social security contributions not paid on their due date. The company has to state them separately in its accounts. They often point to a cash shortage: agree a shorter payment term.
Item
2025
2024
2023
2022
2021
Overdue tax debts
-
€2,306
-
-
-
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
2023
2022
2021
Tangible fixed assets
-
€310
€3,512
-
€16,902
€1,419
€2,766
€5,551
€6,177
€6,252
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on START CONSTRUCT
The operating result for 2025 is 39% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 16.2% to 15.3%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
No change since 2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 16.- Vertegenwoordiging - Gerechtelijke handelingen en rechtshandelingen. De Vennootschap wordt vertegenwoordigd in de handelingen…”
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
202020212022202320242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Name hiddenVisible after signing in Director (not named in the articles)
Earlierend not dated
Mandates as a list
Hidden nameVisible after signing in
Director (not named in the articles), appointed by deed of 11-05-2020, until 22-09-2023
Director (not named in the articles), appointed by deed of 11-05-2020, last mentioned in 2020
Name after signing inVisible after signing in
Director (not named in the articles), appointed by deed of 11-05-2020, last mentioned in 2020
via Name hiddenVisible after signing in, at START CONSTRUCT, last mentioned in 2020 · Director · deed of 05-12-2017
founded in 2017
total assets €179,897 (2025)
Connections & network
Connections & network
START CONSTRUCT is linked to other companies through directors or shares. Look especially for linked companies in trouble.
Depth
The network starts from the earlier ties.
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
13 events since 2020
Board
Capital
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 43 days before the deadline
2025
Annual accounts 2024 filedPDFmicro format · 56 days before the deadline
2024
Highest result from 2021 to 2025net €11,113 ▲42.1% The operating result of €14,577 and the net result of €11,113 are both a record.
Liquidity more than doubledcurrent ratio 5.77 The current ratio rises from 2.75 to 5.77. Short-term debt falls from €7,320 to €5,530.
Annual accounts 2023 filedPDFmicro format · 27 days before the deadline
Registered office moved from Relegem Brusselsesteenweg to AsseNew registered office: Brusselsesteenweg 613, 1731 Asse (Relegem) · Previous registered office: 1731 Relegem Brusselsesteenweg 613 · “Algemene bouwwerkzaamheden, in het bijzonder ruwbouw, metsel- en betonwerk, afbraak sloopwerkzaamheden…” (deed in Dutch) · General meeting of 05-12-20233 points ▸
Liquidity more than doubledcurrent ratio 2.75 The current ratio rises from 1.34 to 2.75. Short-term debt falls from €8,740 to €7,320.
Resignation: Name hiddenVisible after signing in (director)Transfer of shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in · Director discharge: Name hiddenVisible after signing in · Hidden nameVisible after signing in is a shareholder4 points ▸
Director resignation, Name after signing inVisible after signing in
Director discharge, Name hiddenVisible after signing in
Share transfer, Hidden nameVisible after signing in
Name after signing inVisible after signing in is a shareholder
Annual accounts 2022 filedPDFmicro format · 21 days before the deadline
2022
Liquidity more than doubledcurrent ratio 1.34 The current ratio rises from 0.63 to 1.34. Short-term debt falls from €14,377 to €8,740.
Annual accounts 2021 filedPDFmicro format · 40 days before the deadline
2020
IncorporationFounding capital of €5,000, 100 shares · Founders: Name hiddenVisible after signing in (comparant) and Hidden nameVisible after signing in (comparant) · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 11-05-20206 points ▸
Board rule, 2
Director appointment, Hidden nameVisible after signing in (director (not named in the articles))
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Founder, Name hiddenVisible after signing in (comparant)
Founder, Hidden nameVisible after signing in (comparant)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 7 May 2020, START CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12In 2024 the registered office moved to Asse.3Total assets went from €19,771 in 2021 to €39,950 in 2025.4
52290Warehousing and support activities for transportation
81210General cleaning of buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“Algemene bouwwerkzaamheden, in het bijzonder ruwbouw, metsel- en betonwerk, afbraak sloopwerkzaamheden, stukadoren, cementeren, estriken…”
23 activities
Algemene bouwwerkzaamheden, in het bijzonder ruwbouw, metsel- en betonwerk, afbraak sloopwerkzaamheden, stukadoren, cementeren, estriken, steenhouwen, marmerwerk, tegelzetten, dakbedekking en waterdicht maken, sanitair en loodgieterswerk, installatie van gasverwarming en centrale verwarming, zinkwerk en metalen en niet-metalen dakbedekking, glaswerk, schrijnwerk en timmerwerk, schilderwerk, leggen van muur- en vloerbedekking, algemene elektriciteit, evenals alle alarmsystemen, airconditioning en domoticasystemen, elektrotechniek, glazenwassen, tuinbouw, boomsnoeien, en tuinaanleg
Bouw van demonteerbare paviljoenen en niet-metalen metalen hutten, omheiningen, schoorsteenvegen, plaatsen van steigers, opnieuw voegen en reinigen van gevels, rioleringswerkzaamheden, leggen van kabels en buizen installatie van sierschouwen, schoonmaken en desinfecteren van huizen en lokalen, meubelen, stoffering en diverse voorwerpen, vervaardiging en stoffering van niet-metalen meubelen, installatie van ventilatie- en beluchtingssystemen, heteluchtverwarming airconditioning en industriële leidingen, rioleringswerkzaamheden, installatie van inbouwkeukens, bouw keukens, wegenbouw, reparatie en onderhoud
Interieurreiniging van alle soorten gebouwen, inclusief kantoren, werkplaatsen, fabrieken, institutionele gebouwen en andere commerciële of professionele gebouwen, evenals eengezinswoningen en appartementsgebouwen en flatgebouwen, glazenwassen, strijken en alle activiteiten in het kader van de activiteiten in het kader van de dienstencheques, zowel in als buiten de woning van de dienstenchequegebruiker diensten
Catering in het algemeen en horeca, organisatie van banketten en recepties, cateringdiensten, met inbegrip van de organisatie, het beheer en de uitbating van restaurants, broodjeszaken, snackbars, cafetaria's en drankgelegenheden, alsmede alle toerisme-, hotel-, amusements- en vrijetijdsactiviteiten, met inbegrip van de aankoop, groot- en kleinhandel, import en export van alle producten die direct of indirect verband houden met deze activiteiten
Het verlenen van alle diensten voor particuliere of commerciële klanten
Nationaal en internationaal wegvervoer van personen en goederen, koeriersdiensten
IT in de breedste zin van het woord, zoals het maken van websites en softwaresoftware, en de studie, het onderzoek, het ontwerp, de ontwikkeling, de implementatie en de marketing vanen marketing van geautomatiseerde technologieën en systemen, alsmede controle-, besturings- en beheersystemen, administratieve, commerciële en industriële systemen; het creëren en op de markt brengen vanmarketing van computerprogramma's, IT-toepassingen en alle soortensoftware
Ambulante handel
Bouw- en doe-het-zelfmateriaal, elektrische en elektronische apparatuur, sanitair en loodgieterswerk, sanitair, industriële machines
Alle voedingsproducten zoals fruit, groenten, conserven, zuivelproducten, zeevruchten, vis, slagerijproducten, huishoudelijke artikelen en cadeauartikelen
Textiel in het algemeen, diverse kleding, schoeisel, schoenmakerij, slotenmakerij, lederwaren in de ruimste zin
Alle ambachtelijke producten in het algemeen, wandtapijten, antiquiteiten, tweedehandsgoederen, siervoorwerpen en alle meubelen
Alle parfumerieën, toiletartikelen, cosmetica, schoonheidsproducten, make-up alsmede zeep en wasmiddelen
Alle tuinbouwartikelen zoals bloemen, planten, tuinartikelen, tuinontwerp en en onderhoud van tuinen en kwekerijen
Alle juwelen en zilverwerk
Alle huishoudelijke apparaten, audio, video, elektronica, telecommunicatie, boeken en tijdschriften, kantoor- en computerapparatuur
Algemene kruidenierswinkels in de ruimste zin van het woord, telefooncellen, nachtwinkels
De aankoop, de verkoop, de invoer, de uitvoer, de verhuur op korte of lange termijn, de leasing, de vertegenwoordiging, de fabricatie, de montage, de afbraak, het herstel het vervoer, het wassen, het onderhoud van alle motorvoertuigen, gecombineerde auto's, bedrijfsvoertuigen, vrachtwagens, motorfietsen, bromfietsen en fietsen, alsmede accessoires en onderdelen voor deze voertuigen, zowel nieuw als tweedehands, met inbegrip van de klein- en groothandel in reserveonderdelen en diverse uitrustingen, de oliën, benzine, brandstoffen, smeermiddelen, motoren, banden en in het algemeen alle producten die betrekking hebben op alle soorten producten in verband met motorvoertuigen, carrosserie- en autoreparatiewerkplaatsen en alle voertuigen, car-wash, benzinestation
Magazijn en werkplaats voor de vervaardiging van alle bakkerij- en banketproducten, alle voedingsmiddelen en niet-voedingsproducten
Boekhandel in de ruimste zin van het woord, d.w.z. kleinhandel in kranten, tijdschriften tijdschriften, weekbladen, dagbladen, boeken, schrijfwaren, wegenkaarten, stadsplattegronden en dergelijke, loterijbiljetten, lotto, tierelier, rookartikelen in de ruimste zin van het woord
Slagerij, delicatessen, alsmede de verkoop, de aankoop, de invoer, de uitvoer, de distributie, de verhandeling, de vervaardiging, het ontwerp, de bereiding en de algemene handel in alle producten die verband houden met slagerij en vleeswaren en delicatessen
De exploitatie van kapsalons voor mannen, vrouwen en kinderen, schoonheidsadvies en gezichts- en lichaamsverzorging, huidverzorging en ontharing, manicure en pedicure
Exploitatie van een taxibedrijf, telefooncentrales en taxivervoer voor taxi's, de verhuur van alle soorten voertuigen, met of zonder chauffeur, en autodelen voertuigen, met of zonder chauffeurs, en autodelen, het samenbrengen van chauffeurs en vervoersgebruikers via platforms (smartphone-applicatie)
E-mailstartconstruct002@gmail.com establishment in Asse
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
0746.756.775
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