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THC CONSTRUCT

Active Private limited companyfounded 2016active for 10 yearsBoektsestraat 57, 1820 SteenokkerzeelKBO/BCE: BE 0656.997.034

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €45,246 (2020)
€35,068▲ 159%
lowest -€1,188 (2022)
€17,531▲ 15×
peak €59,097 (2025)
€59,097▲ 42.2%
€351,004▼ 4.9%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €13,546 to €35,068Result from €1,134 to €17,531Registered office moved from Tervuren to Perk 24-01Equity from €41,566 to €59,097

Key points

from the 2025 annual accounts

Debts

€351,004 86% of the balance sheet
Financial debts 4%Suppliers 48%Taxes and wages 24%Other 23%

Filings

10 annual accounts 61 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Position in the sector

14.4%

Lower solvency than 82% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,508 companies had the same profile as THC CONSTRUCT has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% 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 4,508 companies, not a prediction for THC 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 check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 27-06-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0656997034
Registered office moved from Tervuren to Perk New registered office: Boeksestraat 57, 1820 Perk · Previous registered office: Mechelsestraat 30, 3080 Tervuren · Resignation: (director) · General meeting of 08-01-2025 · Gazette deed
Registered office moved to Duisburg Tervuren New registered office: Mechelsestraat 30 3080 Duisburg Tervuren · General meeting of 16-01-2019 · Gazette deed
Incorporation Founders: and · Founding capital of €18,600, 1,000 shares · Appointment: (manager) · published on 29-06-2016 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
THC CONSTRUCT Steenokkerzeel €410,101 €35,068 14.4% -
DFR Guido Dentergem €390,847 €28,872 76.1% -
ISOCONSTRUCT Etterbeek €352,656 €40,089 51.9% -
Hapers Rijkevorsel €343,607 €29,127 68.6% -
MADELL Brussels €342,056 €29,612 69.9% -
Nboxx Pittem €428,435 €37,524 16.3% -
Niels Bossuyt Wingene €342,110 €46,660 22.0% -

These companies have the same main activity as THC CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €342,000 and €428,000, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 27-06-2016Normal situation
Activity
Other building finishing workNACE 43350
Establishment unit
2.285.340.6851820 Steenokkerzeel, since 27-06-2016
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€35,068▲ 159%
≈ €210,000estimated
€17,531▲ 15×
€59,097▲ 42.2%
€410,101▼ 0.1%
Filing
Filed on 30-09-2026
Financials

Insights on THC CONSTRUCT

THC CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €8,655 in 2016 to €35,068 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€35,068
▲ 159%
€28,076
▲ 349%
€17,531
▲ 15×
€57,797
▲ 64.5%
14.4%
▲ 4.3 percentage points
1.16
▲ 0.07

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 ≈ €210,000. Estimated: probably between €140,000 and €350,000.

Balance sheet

balance sheet total €410,101 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

14.4%

Higher than 17% of 37,177 companies in 2025.

1.16

Higher than 28% of 36,472 companies in 2025.

4.3%

Higher than 41% of 36,707 companies in 2025.

THC CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 410,101410,484299,940269,855372,35985,74755,39558,89644,05639,131
21/28 1,3006,4419,53914,55918,8926,0608,8513,333--
22/27 -5,1418,23913,25918,8926,0608,8513,333--
24 -5,1418,23913,25918,8926,0608,8513,333--
28 1,3001,3001,3001,300------
29/58 408,801404,043290,401255,296353,46779,68746,54355,56344,05639,131
29 69,70069,70069,70069,700------
290 69,70069,70069,70069,700------
40/41 331,127326,369211,166159,712344,85744,94729,02945,58925,85131,828
40 316,561315,062196,774151,715287,66535,44922,09834,98324,02730,749
41 14,56611,30714,3937,99757,1919,4986,93110,6071,8251,079
54/58 7,9747,9749,53525,8848,46133,47315,4559,77218,2047,303
490/1 ----1501,2682,060202--
Balance sheet: equity and liabilities
10/49 410,101410,484299,940269,855372,35985,74755,39558,89644,05639,131
10/15 59,09741,56650,43350,30251,49047,91829,01129,42726,94411,757
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,600
101 ------12,40012,40012,40012,400
13 1,8601,8601,8601,8601,8609,4549,4549,4541,860278
130/1 1,8601,8601,8601,8601,8601,860----
130 ------1,8601,8601,860278
1311 1,8601,8601,8601,8601,8601,860----
132 -----7,5947,5947,594--
14 51,03733,50642,37342,24243,43032,26413,35713,77318,8845,279
17/49 351,004368,918249,508219,553320,87037,82926,38329,46917,11227,374
17 --1,1065,4699,0352,4555,354---
170/4 --1,1065,4699,0352,4555,354---
42/48 351,004368,918248,402214,084311,83535,37421,03029,46917,11227,374
42 -1,1064,3634,2717,3432,8982,846---
43 13,93015,369--------
430/8 13,93015,369--------
44 170,141329,746227,845179,964273,40211,1385,70615,081-19,863
440/4 170,141329,746227,845179,964273,40211,1385,70615,081-19,863
46 8,400---------
45 85,6905,5097,78210,17214,09711,9721,5304,4337,1127,283
450/3 23,1055,5097,78210,17214,09711,9721,5304,4337,1122,853
454/9 62,585--------4,430
47/48 72,84217,1898,41219,67616,9939,36510,9489,95610,000228
Income statement
76A -4,621-5,0522,061-4,6382,152--
9900 35,06813,54615,80016,19819,63545,2469,8866,29022,4038,655
630 5,1416,9435,0205,6332,4594,1064,0621,667--
631/4 -----5,464----
640/8 1,8513513,1267,5112,6753,7932,136524739-
66A ----49--13--
9901 28,0766,2527,6543,05414,45231,8833,6894,08721,6648,655
75/76B -108-1,700-0661863-
75 -108-1,700-0661863-
65/66B 2,8412,9104,5791,3534,6721,7483,8601,5081,080245
65 2,8412,9104,5791,3534,6721,7483,8601,5081,080245
9903 25,2363,4493,0753,4019,78030,135-1062,58021,4478,410
67/77 7,7042,3162,9454,5896,20811,229310964,2592,853
9904 17,5311,134130-1,1883,57218,907-4162,48317,1885,557
789 ----7,594-----
9905 17,5311,134130-1,18811,16518,907-4162,48317,1885,557
Appropriation of the result
9906 51,03743,50642,37342,24243,43032,26413,35713,77322,4665,557
14P 33,50642,37342,24243,43032,264-----
691/2 --------1,582278
6920 --------1,582278
694/7 -10,000------2,000-
694 -10,000--------
695 --------2,000-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 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.

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. 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, 2026-00546038.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00546038 PDF
31-12-2024 micro format 30-09-2025 2025-00535120 PDF
31-12-2023 micro format 30-09-2024 2024-00492632 PDF
31-12-2022 micro format 10-10-2023 2023-00480316 PDF
31-12-2021 micro format 29-09-2022 2022-20439736 PDF
31-12-2020 micro format 18-01-2022 2022-01200249 PDF
31-12-2019 micro format 16-12-2020 2020-76000336 PDF
31-12-2018 micro format 16-09-2019 2019-64900297 PDF
31-12-2017 micro format 26-09-2018 2018-65200581 PDF
31-12-2016 full format 22-08-2017 2017-48100356 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
33,21813,19512,6758,68716,91135,9897,7505,754--
22,6738,0775,1514,4456,03123,0133,6464,150--
08,37901,30020,0821,3159,5805,000--
0-1,561-16,34917,423-25,01318,0185,683-8,43210,901-
57,79735,12541,99941,21141,63244,31425,51326,09426,94411,757
14.4%10.1%16.8%18.6%13.8%55.9%52.4%50.0%61.2%30.0%
1.161.101.171.191.132.252.211.892.571.43
5.948.884.954.366.230.790.911.000.642.33
29.7%2.7%0.3%-2.4%6.9%39.5%-1.4%8.4%63.8%47.3%
4.3%0.3%0.0%-0.4%1.0%22.0%-0.8%4.2%39.0%14.2%
11.694.532.776.423.62-----

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€8,379--€20,082
Financial fixed assets---€1,300-
€5,141€6,943€5,020€5,633€2,459

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on THC CONSTRUCT

The operating result for 2025 is 4.5 times that of 2024 and the highest since 2020. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 89.9% to 85.6%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, no change since 2025
Director (not named in the articles)
since 27-06-2016 term without a fixed end
earlier director, until 24-01-2025
listed in the 2025 annual accounts, filed on 30-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 24-01-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Manager, from 27-06-2016 to 24-01-2025
    • Director (not named in the articles), since before 24-01-2025

See the board, name and registered office on a given date →

Control

Capital

Contribution
€6,200
Source
2025 annual accounts

Articles of association

deed of 24-01-2025 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“TITRE V. ALGEMENE VERGADERING Artikel 14. Organisatie en bijeenroeping leder jaar wordt een gewone algemene vergadering van aandeelhouders…”

Network & group

No group

THC CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. THC CONSTRUCT shares no director with another company.

Timeline

Timeline

18 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0656997034
Annual accounts 2024 filed PDFmicro format · 61 days late
Registered office moved from Tervuren to PerkNew registered office: Boeksestraat 57, 1820 Perk · Previous registered office: Mechelsestraat 30, 3080 Tervuren · Resignation: (director) · General meeting of 08-01-20256 points ▸
  • General meeting, 08-01-2025
  • Registered-office move, Boeksestraat 57, 1820 Perk
  • 1,000 shares
  • Director resignation,
  • Director reappointment, (director (not named in the articles))
  • Director discharge,
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFmicro format · 61 days late
2023
Back to profit net €130 The net result is €130, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 71 days late
2022
Weakest financial year net -€1,188 The net result drops to -€1,188, the lowest from 2016 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 60 days late
Annual accounts 2020 filed PDFmicro format · 171 days late
2020
Back to profit net €18,907 The net result is €18,907, after one loss-making year.
Annual accounts 2019 filed PDFmicro format · 138 days late
2019
Annual accounts 2018 filed PDFmicro format · 47 days late
Registered office moved to Duisburg TervurenNew registered office: Mechelsestraat 30 3080 Duisburg Tervuren · General meeting of 16-01-20192 points ▸
  • General meeting, 16-01-2019
  • Registered-office move, Mechelsestraat 30 3080 Duisburg Tervuren

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFmicro format · 57 days late
2017
Annual accounts 2016 filed PDFfull format · 22 days late
2016
IncorporationFounders: and · Founding capital of €18,600, 1,000 shares · Appointment: (manager) · published on 29-06-20165 points ▸
  • Founder, , mentioned twice in the deed
  • Founder, , mentioned twice in the deed
  • Founding capital, €18,600, 1,000 shares
  • Board rule, 1
  • Director appointment, (manager)

Open the deed in the Belgian Official Gazette

First establishment Boektsestraat 57, Steenokkerzeel

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

THC CONSTRUCT was incorporated on 27 June 2016.1 The registered office moved to Duisburg Tervuren in 2019 and to Perk in 2025.23 Since 2016, has served as manager.4 Total assets rose from €58,896 in 2018 to €410,101 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-03-2019
  3. 3Belgian Official Gazette, 24-01-2025
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0656.997.034
VAT number
BE 0656.997.034
Peppol ID
0208:0656997034
Other Peppol ID
9925:BE0656997034
Legal form
Private limited company
Status
Active, normal situation
Founded
27-06-2016
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“TITRE V. ALGEMENE VERGADERING Artikel 14. Organisatie en bijeenroeping leder jaar wordt een gewone algemene vergadering van aandeelhouders…”
deed of 24-01-2025 (in French)
Peppol
Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
THC CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-01-2025 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 24-01-2025 (in French)

Activities

NACEBEL 2025
43350 Other building finishing work main activity
Codes under NACEBEL 2008
43390 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De algemene aanneming van alle openbare en private werken,en meer bepaald de algemene aanneming van bouwwerken,d.w.z. in het algemeen alle…”
35 activities
  1. De algemene aanneming van alle openbare en private werken,en meer bepaald de algemene aanneming van bouwwerken,d.w.z. in het algemeen alle bouw,renovatie,verbouwingen en reinigingswerken renovaties,verbouwingen,restauraties,afbraakwerken en afwerkingen het bouwen in al zijn toepassingen;
  2. Het ledigen van septische putten en afvoeren,het ledigen van industriële afvalverzamelaars en het verspreiden van vloeibaar afval;
  3. Metselwerk,schilderwerk,binnen - en buitenafwerking,stukadoorwerk,gevelreiniging,timmerwerk,installatie van mozaïek en tegels,installatie van sanitair en opnieuw voegen,zandstraler,bekisten,stukadoren,schoonmaken,slopen en grondwerken,en meer algemene aannemers;
  4. Leggen van tegels en ashlar,hakken van lokale steen en marmer,hakken,vormgeven en afwerken van steen,bewerking van ruwe steen,vervaardiging van asfaltconstructies;
  5. Vervaardiging van elektrische panelen voor de terugwinning van zonnewarmte,gronden vulwerken,egaliseren en stralen;
  6. Drainage van bouwterreinen,proefboren en boren,bouw van tunnels,bruggen en viaducten,aanleg van landingsbanen,baggerwerkzaamheden,leggen van funderingen,bouwen van gewelven,isoleren van verwarmingen;
  7. Opnieuw voegen,installatie van privézwembaden,vernietiging van parasieten,installatie van verkeersborden;
  8. Installatie van houten scheidingswanden en valse plafonds,oproolbare deuren en jaloezieën;
  9. Verhuur van containers;
  10. Afval recyclen en sorteren en ferro-en non-ferrometalen terugwinnen;
  11. Vernietiging en slooр;
  12. Leggen en verwijderen van tegels,ruwbouw,vervaardiging en installatie van hout en gipsplaten,en de vervaardiging en installatie van triplex en multiplex;
  13. Fabricage van geprefabriceerde constructies van cement en beton,bekisting,aanbrengen van een beschermende pleisterlaag coating;
  14. Vervaardiging en installatie van metalen skeletten en skeletten voor de bouw,vervaardiging en installatie van deuren en ramen;
  15. Algemene bouw van niet voor bewoning bestemde gebouwen,opnieuw voegen,cementeren,optrekken van loodsen,schuren en silo's,wegenbouw,wegmarkering en schilderen aanleg van drainagesystemen aan leg van riolering netwerken,bouw van alle andere werken;
  16. Ontginnen van putten,bouwen van dammen en dijken,aanleggen van speeltuinen;
  17. Gespecialiseerde bouwwerkzaamheden,grondwerken,drainage,ontruimen van terreinen,boren en peilen,installatie van alarm en communicatiesystemen,elektrotechnische installatiewerkzaamheden;
  18. Akoestische en thermische isolatiewerkzaamheden,diverse afwerkingswerkzaamheden,zandstralen,reinigen en ontschuimen van daken,installatie van gyproc panelen;
  19. Verkoop en fabricage van fotovoltaïsche panelen,installatie en fabricage van waterdichte coatings;
  20. Het herstellen en reinigen van alle soorten textiel,inclusief wassen,verven,chemisch reinigen,ontvetten,zelf strijken of dienstencheques,naaien,reinigen van leer,bont en tapijt;
  21. De exploitatie van een soortgelijk bedrijf zoals een wasserij;
  22. Alle handelingen die rechtstreeks of onrechtstreeks verband houden met het schoonmaken van alle soorten lokalen of diverse gebouwen;
  23. Het schoonmaken van het interieur van alle soorten gebouwen,waaronder kantoren,werkplaatsen,fabrieken,institutionele en andere ruimten,alsmede eengezinswoningen en appartementsgebouwen.
  24. Import,export,inkoop,groothandel,semi-groothandel of detailhandel,directe verkoop van alle soorten goederen en producten,fabricage,verpakking,distributie,creatie en promotie van alle goederen;
  25. Commerciële bemiddelaar : import en export van diverse materialen,goederenmakelaar,commerciële goederen,commerciële vertegenwoordiging,commerciële vertegenwoordiging,commerciële tussenpersoon;
  26. Alle aspecten van transport,zowel nationaal als internationaal,over land,over zee en door de lucht van alle goederen en koopwaren;
  27. Verzending,marketing,verkoop en distributie,opslag,bevrachting,koeriersdiensten,douaneagentschap,verzekering en in het algemeen alle zaken die te maken hebben met vracht;
  28. De verhuur van alle motorvoertuigen;
  29. Logistiek en vervoer over land van het vervoer over land van personen en/of goederen met een gewicht van minder dan vijfhonderd kilogram;
  30. Betaald of onbetaald personenvervoer;
  31. Horeca in het algemeen en de horecasector,en meet in het algemeen de exploitatie van alle salons tavernes,pizzeria's,danslokalen,cafés,dancings,snackbars,cateringdiensten,handel in alle voedingsmiddelen en dranken en alcoholische of niet-alcoholische dranken,alsmede de invoer,uitvoer en distributie van alle wijnen,likeuren en andere dranken,de vertegenwoordiging algemene en levering van voedsel,evenals de verkoop buitenshuis,de organisatie van banketten en recepties:
  32. De aankoop,verkoop en verhuur van alle keuken-en tafelbenodigdheden,en de aankoop en verkoop van groot-en kleinhandelsgoederen;
  33. De verhuur van een motorvoertuig met of zonder bestuurder,de aan-en verkoop van tweedehandsvoertuigen en alle andere tweedehandsvoertuigen en alle andere tweedehands goederen,groot of kleinhandel;
  34. De uitbating van schoonheids en wellnesscentrum;
  35. De aan-en verkoop van gebruikte en nieuwe auto's,groot-of kleinhandel.
deed of 24-01-2025 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Boektsestraat 57 registered office 1820 Steenokkerzeel 4331001 Plastering work 27-06-2016 2.285.340.685
1 former office
  • 3080 Tervuren until the deed of 24-01-2025

Buildings and parcels at the address

Ground area
159 m²
Buildings
159 m²
Volume, LiDAR
475 m³
Tallest building
3.6 m
Buildings to scale, each on its own parcel
159 m², 3.6 m 159 m², 3.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23065A0126/00W002159 m² 1 · 159 m² 3.6 m · 1

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 0656.997.034