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VERDUN CONSTRUCT

Active Private limited companyfounded 2005active for 21 yearsVliegveldstraat 121, 1130 BrusselsKBO/BCE: BE 0873.651.581

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2006
peak €226,805 (2020)
€116,083▲ 51.2%
lowest -€3,572 (2015)
€5,279▲ 117%
peak €60,433 (2024)
€60,433▲ 14.8%
€106,015▲ 21.3%
Board1 name since 2024
1 directorDEMIRI Afrim
Documentsfilings and deeds
29-08-202529 days late
2024micro format
Gross margin from €76,788 to €116,083Result from €2,429 to €5,279Change of role: DEMIRI Afrim, from manager to director 09-09Equity from €52,642 to €60,433Debts from €87,409 to €106,015Investments €47,988

Key points

from the 2024 annual accounts

Turnover

≈ €390,000 estimated

The accounts state no turnover.

Investments

€39,553 2.6 × depreciation

Green is investment, beige is depreciation.

Filings

19 annual accounts 20 filings since 2006
AprilJune31 JulyOctober201020152020

Four of the last ten came late. The 2024 accounts came latest: 29 days after the end of the period.

Checked score

65
Healthy
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.3%▼ -0.4 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.4 percentage points vs 09-2026highest value 11-2026: 1.1%● unchanged vs 10-2026highest value

Financial strength
Strong

61-13equity 36.3% of total assets
53+22short-term debt 41.4% · cash 18.5%
73+13return on assets 3.2%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 30-08-2025)
lowers risk
Founded in 2005
Liquidity: current ratio 1.48, cash €30,742
Size: total assets €166,448
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 43, micro). It does better than 38% of them on solvency, 49% on liquidity and 44% 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 low class on 30-06-2025, 0.8% 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, 17,041 companies had the same profile as VERDUN CONSTRUCT has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of VERDUN CONSTRUCT itself is higher: 1.1% within 12 months. It rests on far more data about VERDUN 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.

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 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 17,041 companies, not a prediction for VERDUN 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 €3,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.48, below the usual 1.5. Short-term debt is 41.4% and cash 18.5% of total assets. 63.7% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 30-08-2025)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.48, cash €30,742
NBB · annual accounts
lowers risk · Size: total assets €166,448
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filings
Deviation from the deadline
2024
29 days late
2024
on the day
2023
16 days late
2022
22 days late
2021
3 days late
2020
33 days early
2019
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DA
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0873651581
Change of role: DEMIRI Afrim, from manager to director Director discharge: DEMIRI Afrim · General meeting of 28-08-2024 · Gazette deed
New establishment in Brussels Haachtsesteenweg 1737
First establishment Verdunstraat 391, Brussels
All 29 events

Comparable companies

same main activity, similar in size and age
Company
VERDUN CONSTRUCT Brussels €166,448 €116,083 36.3% -
LHONNEUX DECORATION Waremme €180,704 €92,687 -14.7% 2
I.S.E.CLEANERS SPRL Brussels €162,561 €91,737 -113.0% -
E.V.O. new Schaerbeek €216,515 €100,206 74.0% -
BATI PORTO Jette €194,401 €85,014 26.9% -
EWAPD CONSTRUCT Uccle €151,443 €101,185 35.3% -
LUSO WORK Koekelberg €179,740 €81,487 71.3% -

These companies have the same main activity as VERDUN CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €151,000 and €217,000, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 04-05-2005Normal situation
Activity
Other building finishing workNACE 43350and 3 others
Establishment units
2.151.026.5671130 Brussels, since 12-01-2006
2.252.466.7911130 Brussels, since 29-04-2016
Financial year end
31 December
Peppol
Reachable since 02-02-2026
Company details

Annual accounts 2024

€166,448▲ 48.5%
Filing
Filed on 29-08-2025
Financials

Insights on VERDUN CONSTRUCT

VERDUN CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €722 in 2007 to €116,083 in 2024.

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 VERDUN CONSTRUCT

What is the company number of VERDUN CONSTRUCT?
The company number of VERDUN CONSTRUCT is 0873.651.581. The VAT number is the same number with BE in front: BE 0873.651.581.
Where is VERDUN CONSTRUCT based?
The registered office is at Vliegveldstraat 121, 1130 Brussels.Company details
What does VERDUN CONSTRUCT do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of VERDUN CONSTRUCT?
VERDUN CONSTRUCT is a private limited company (BV).
When was VERDUN CONSTRUCT founded?
VERDUN CONSTRUCT was founded on 04-05-2005.
Is VERDUN CONSTRUCT still active?
Yes, VERDUN CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of VERDUN CONSTRUCT?
The turnover in financial year 2024 is ≈ €390,000. This figure is estimated from the gross margin of €116,083 and 61 comparable companies (NACE 433). It probably lies between €270,000 and €580,000. In financial year 2024 turnover was €574,944.Financials
Is VERDUN CONSTRUCT profitable?
In financial year 2024, VERDUN CONSTRUCT made a profit of €5,279.
Where can I find the annual accounts of VERDUN CONSTRUCT?
VERDUN CONSTRUCT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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