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ZUGRAY CONSTRUCT

Active
Private limited companyfounded 2008active for 18 yearsNijvelsedreef 170, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0898.456.263
Summary

ZUGRAY CONSTRUCT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247,319 and a net result of €104,717. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 69% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
≈ €530,000turnover 2025, estimated
Equity
€247,319
Profit
€104,717
Turnover estimated from the gross margin
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 1 day early
Why 91raises risk2 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.25, cash €118,508Founded in 2008Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 83=
equity 57.8% of total assets
Liquidity 65+7
short-term debt 42.2% · cash 27.7%
Profitability 99+23
return on assets 24.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 5.3%highest value 12-2024: 5.3%● unchanged vs 11-2024highest value 01-2025: 2.7%▼ -2.6 percentage points vs 12-2024 02-2025: 3.2%▲ +0.5 percentage points vs 01-2025 03-2025: 3.5%▲ +0.3 percentage points vs 02-2025 04-2025: 0.4%▼ -3.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.3%▼ -0.1 percentage points vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%▼ -0.3 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.25, compared with 2.79 in 2024, above the usual 1.5; short-term debt: 42.2% and cash: 27.7% of total assets), and 42.2% of the assets are financed with debt and provisions.
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 43, micro): better than 63% on solvency, 63% on liquidity, 85% on profitability and 88% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 2.25, cash €118,508
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
35 days late
2023
401 days late
2022
on the day
2020
123 days late
2019
489 days late
2018
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 153 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 7 March (4 of the last 5 filed years within 88 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end30-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. MiscellaneousCourt decision · Director in…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Judicial dissolution, liquidator appointedFrench-language Enterprise Court of Brussels…

Financials · financial year 2025, full format

Turnover
≈ €530,000
Estimated: probably between €330,000 and €860,000
EBIT margin
Not included in this filing
Net result
€104,717▲ 666%
2024 · €13,679
Working capital
€225,945▲ 44.8%
2024 · €156,067
Trend over the years

2020 to 2025, 5 financial years 2019 to 2025, 6 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6.6 times 2024 and is the highest 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.

Operating result€103,373 2025 Net result€104,717 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202022202320242025
Operating result€26,951-€23,862▼ 11.5%€49,362-€6,894▼ 86.0%€15,706▲ 128%€103,373▲ 558%
Net result-€3,091-€9,270within the sector's middle half€35,297within the sector's middle half-€21,437within the sector's middle half▼ 39.3%€13,679within the sector's middle half▼ 36.2%€104,717within the sector's middle half▲ 666%
Equity€50,746-€60,016within the sector's middle half▲ 18.3%€107,486within the sector's middle half-€128,923within the sector's middle half▲ 19.9%€142,602above the sector's middle half▲ 10.6%€247,319within the sector's middle half▲ 73.4%
Total assets€184,025-€213,074within the sector's middle half▲ 15.8%€250,862within the sector's middle half-€272,727within the sector's middle half▲ 8.7%€246,364within the sector's middle half▼ 9.7%€427,537below the sector's middle half▲ 73.5%
Debt€116,779-€136,559▲ 16.9%€126,876-€127,304▲ 0.3%€87,262▼ 31.5%€180,218▲ 107%
Working capital€57,829-€68,859within the sector's middle half▲ 19.1%€124,731within the sector's middle half-€145,423above the sector's middle half▲ 16.6%€156,067above the sector's middle half▲ 7.3%€225,945within the sector's middle half▲ 44.8%
Solvency27.6%-28.2%within the sector's middle half▲ 0.6pp42.8%within the sector's middle half-47.3%within the sector's middle half▲ 4.4pp57.9%within the sector's middle half▲ 10.6pp57.8%within the sector's middle half=
Current ratio1.64-1.57within the sector's middle half▼ 0.071.99within the sector's middle half-2.14within the sector's middle half▲ 0.152.79within the sector's middle half▲ 0.652.25within the sector's middle half▼ 0.53
Return on assets (ROA)-1.7%-4.4%within the sector's middle half▲ 6.0pp14.1%above the sector's middle half-7.9%within the sector's middle half▼ 6.2pp5.6%within the sector's middle half▼ 2.3pp24.5%above the sector's middle half▲ 18.9pp
above within below the middle half of NACE 43, Specialised construction activities: 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.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €427,537
Fixed assets €21,374 ▲ 604%
Current assets €406,163 ▲ 66.9%
Equity and liabilities €427,537
Equity €247,319 ▲ 73.4%
Provisions €0 ▼ 100%
Debt €180,218 ▲ 107%
Debt's share of the balance-sheet total rises from 35.4% to 42.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€104,707▲
2024 · €16,461
Cash flow
€106,051▲
2024 · €14,434
Debt to equity
0.73▲
2024 · 0.61
ROE
42.3%▲
2024 · 9.6%
Interest coverage
94.42▲
2024 · 19.60
Debt ≤ 1 year
€180,218▲
2024 · €87,262
Income taxes
€5,873▼
2024 · €8,263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

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 34,693 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€246,364€427,537▲
Fixed assets21/28€3,035€21,374▲
Tangible fixed assets22/27€3,035€21,374▲
Plant, machinery and equipment23€3,035€2,088▼
Furniture and vehicles24-€19,286
Current assets29/58€243,329€406,163▲
Amounts receivable within one year40/41€191,763€287,451▲
Trade receivables40€54,873€138,940▲
Other amounts receivable41€136,890€148,511▲
Cash at bank and in hand54/58€47,776€118,508▲
Deferred charges and accrued income490/1€3,790€204▼
Equity and liabilities
Total equity and liabilities10/49€246,364€427,537▲
Equity10/15€142,602€247,319▲
Contributions10/11€10,800€10,800=
Contributions outside capital11-€10,800
Other1109/19-€10,800
Reserves13€49,539€49,539=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€47,679€47,679=
Profit (loss) carried forward14€82,263€186,980▲
Provisions and deferred taxes16€16,500-
Provisions for liabilities and charges160/5€16,500-
Environmental obligations163€16,500-
Amounts payable17/49€87,262€180,218▲
Amounts payable within one year42/48€87,262€180,218▲
Trade debts44€61,829€132,383▲
Suppliers440/4€61,829€132,383▲
Taxes, remuneration and social security45€24,559€47,835▲
Taxes450/3€17,279€46,555▲
Remuneration and social security454/9€7,280€1,280▼
Other amounts payable47/48€874-
Income statement Code20242025
Non-recurring operating income76A-€1,087
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€755€1,334▲
Other operating charges640/8€1,567€9,654▲
Gross operating margin9900€18,028€114,361▲
Operating profit (loss)9901€15,706€103,373▲
Financial income75/76B€7,076€8,326▲
Recurring financial income75€7,076€8,326▲
Financial charges65/66B€840€1,109▲
Recurring financial charges65€840€1,109▲
Profit (loss) for the period before taxes9903€21,942€110,590▲
Income taxes67/77€8,263€5,873▼
Profit (loss) for the period9904€13,679€104,717▲
Profit (loss) for the period to be appropriated9905€13,679€104,717▲
Appropriation of the result
Profit (loss) to be appropriated9906€95,942€186,980▲
Profit (loss) brought forward from the previous period14P€82,263€82,263=
Transfer to equity691/2€13,679-
To other reserves6921€13,679-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202022202320242025Change
Non-recurring operating income76A-----€1,087-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,884€11,884€11,884-€755€1,334▲ 76.7%
Other operating charges640/8--€2,496€2,126€1,567€9,654▲ 516%
Gross operating margin9900€40,335€39,290€63,742€9,020€18,028€114,361▲ 534%
Operating profit (loss)9901€26,951€23,862€49,362€6,894€15,706€103,373▲ 558%
Financial income75/76B--€1,848€26,657€7,076€8,326▲ 17.7%
Recurring financial income75€2,185€0€1,848€6,760€7,076€8,326▲ 17.7%
Non-recurring financial income76B---€19,897---
Financial charges65/66B--€1,641€2,873€840€1,109▲ 32.0%
Recurring financial charges65€1,222€1,312€1,641€2,873€840€1,109▲ 32.0%
Profit (loss) for the period before taxes9903€27,914€22,550€49,569€30,678€21,942€110,590▲ 404%
Income taxes67/77€31,005€13,280€14,272€9,241€8,263€5,873▼ 28.9%
Profit (loss) for the period9904-€3,091€9,270€35,297€21,437€13,679€104,717▲ 666%
Profit (loss) for the period to be appropriated9905-€3,091€9,270€35,297€21,437€13,679€104,717▲ 666%
Line201920202022202320242025Change
Assets
Total assets20/58€184,025€213,074€250,862€272,727€246,364€427,537▲ 73.5%
Fixed assets21/28€35,651€23,768-€0€3,035€21,374▲ 604%
Tangible fixed assets22/27€35,651€23,768-€0€3,035€21,374▲ 604%
Plant, machinery and equipment23----€3,035€2,088▼ 31.2%
Furniture and vehicles24---€0-€19,286-
Current assets29/58€148,373€189,307€250,862€272,727€243,329€406,163▲ 66.9%
Amounts receivable within one year40/41€139,612€182,529€244,849€251,646€191,763€287,451▲ 49.9%
Trade receivables40--€142,514€138,920€54,873€138,940▲ 153%
Other amounts receivable41--€102,335€112,726€136,890€148,511▲ 8.5%
Cash at bank and in hand54/58€7,411€5,403€2,494€19,304€47,776€118,508▲ 148%
Deferred charges and accrued income490/1--€3,519€1,777€3,790€204▼ 94.6%
Equity and liabilities
Total equity and liabilities10/49€184,025€213,074€250,862€272,727€246,364€427,537▲ 73.5%
Equity10/15€50,746€60,016€107,486€128,923€142,602€247,319▲ 73.4%
Contributions10/11€10,800-€10,800€10,800€10,800€10,800=
Contributions outside capital11--€10,800--€10,800-
Other1109/19--€10,800--€10,800-
Reserves13€1,860€1,860€35,860€35,860€49,539€49,539=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860=
Distributable reserves133--€34,000€34,000€47,679€47,679=
Profit (loss) carried forward14€38,086€47,356€60,826€82,263€82,263€186,980▲ 127%
Provisions and deferred taxes16€16,500€16,500€16,500€16,500€16,500--
Provisions for liabilities and charges160/5--€16,500€16,500€16,500--
Pensions and similar obligations160---€16,500---
Environmental obligations163--€16,500-€16,500--
Amounts payable17/49€116,779€136,559€126,876€127,304€87,262€180,218▲ 107%
Amounts payable after more than one year17€26,235€15,937-----
Amounts payable within one year42/48€90,544€120,448€126,131€127,304€87,262€180,218▲ 107%
Current portion of amounts payable after more than one year42--€5,407----
Trade debts44€60,713€91,218€94,673€95,305€61,829€132,383▲ 114%
Suppliers440/4--€94,673€95,305€61,829€132,383▲ 114%
Taxes, remuneration and social security45--€25,177€31,125€24,559€47,835▲ 94.8%
Taxes450/3--€14,632€23,874€17,279€46,555▲ 169%
Remuneration and social security454/9--€10,545€7,251€7,280€1,280▼ 82.4%
Other amounts payable47/48--€874€874€874--
Accrued charges and deferred income492/3--€745----
Line201920202022202320242025Change
Profit (loss) for the period9904-€3,091€9,270€35,297€21,437€13,679€104,717▲ 666%
+ Depreciation and write-downs630€11,884€11,884€11,884-€755€1,334▲ 76.7%
Operating cash flow (approximation)€8,792€21,154€47,181€21,437€14,434€106,051▲ 635%
Investment in fixed assets (approximation)-€0---€3,790-€19,673▼ 419%
Change in cash--€2,008-€16,810€28,472€70,732▲ 148%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 full format 30-01-2026 2026-00034672
30-06-2024 micro format 07-03-2025 2025-00045024
30-06-2023 micro format 07-03-2025 2025-00044933
30-06-2022 full format 31-01-2023 2023-00022786
30-06-2020 full format 03-06-2021 2021-16900597
30-06-2019 full format 03-06-2021 2021-17000029
30-06-2018 micro format 27-02-2019 2019-06000158
30-06-2017 full format 28-03-2018 2018-08000451
30-06-2016 full format 31-01-2017 2017-03700281
30-06-2015 full format 15-01-2016 2016-01800433

Show all 16 filings

Similar companies · same sector, comparable size

Of the 15,129 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,460. 5,618 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
CORETCHI Sergiu
Director (not named in the articles) · since 28-10-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CORETCHI Sergiu
  • Manager, until 28-10-2024
  • Director (not named in the articles), from 28-10-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 28-10-2024 Converted to unavailable equity · €12,660

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

ZUGRAY CONSTRUCT was incorporated on 10 June 2008.1 Since 2024, CORETCHI Sergiu has served as director of the company.2 Total assets rose from €184,025 in 2019 to €427,537 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2024
  3. 3National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
26-02
Gazette deed Miscellaneous
Court decision · Director in office · Dissolution4 facts ▸
  • Court decision, 12-02-2026
  • Court decision, 15-01-2026
  • Director in office, Sergiu CORETCHI (director)
  • Dissolution, “judicial, no longer in judicial dissolution” (deed in French)
30-01
NBB filing Annual accounts filed
financial year 2025 · full format
22-01
Bankruptcy Judicial dissolution, liquidator appointed
French-language Enterprise Court of Brussels · liquidator: C. Baudoux · judgment of 15-01-2026
2025
30-06
Financial Highest result from 2019 to 2025net €104,717 ▲666%
Operating result €103,373, net result €104,717, both a record.
30-06
Financial Equity above €200,000equity €247,319 ▲73.4%
5 profitable years in a row build equity to €247,319.
07-03
NBB filing Annual accounts filed
financial year 2024 · micro format · 35 days late
07-03
NBB filing Annual accounts filed
financial year 2023 · micro format · 401 days late
2024
28-10
Gazette deed Resignation: CORETCHI Sergiu (manager)
Appointment: CORETCHI Sergiu (director) · Amendment of the articles · Capital conversion10 facts ▸
  • General meeting, 21-10-2024
  • Amendment of the articles (2 times)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
  • Purpose change
  • Capital
  • Director resignation, CORETCHI Sergiu (manager)
  • Director appointment, CORETCHI Sergiu (director (not named in the articles))
  • Director discharge, CORETCHI Sergiu (gérant démissionnaire)
  • Registered office clause, “1150 Woluwe-Saint-Pierre,Drève de Nivelles 170/10” (deed in French)
2023
31-01
NBB filing Annual accounts filed
financial year 2022 · full format
2022
30-06
Financial Equity above €100,000equity €107,486 ▲79.1%
2 profitable years in a row build equity to €107,486.
2021
03-06
NBB filing Annual accounts filed
financial year 2020 · full format · 123 days late
03-06
NBB filing Annual accounts filed
financial year 2019 · full format · 489 days late
Show earlier events
2020
30-06
Financial Back to profitnet €9,270
Net result €9,270 after one loss-making year.
2019
27-02
NBB filing Annual accounts filed
financial year 2018 · micro format · 27 days late
2018
28-03
NBB filing Annual accounts filed
financial year 2017 · full format · 56 days late
2017
31-01
NBB filing Annual accounts filed
financial year 2016 · full format
2016
15-01
NBB filing Annual accounts filed
financial year 2015 · full format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded10-06-2008
Financial year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0898456263
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 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 0898.456.263

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2008
registered office establishment The establishment unit on the map
Ground area
2,012 m²
Building footprint
336 m²
Building volume
9,818 m³
Parcel 21684B0057/00X020, Brussels · tallest building 32.3 m. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
ZUGRAY CONSTRUCT
Nijvelsedreef 170, 1150 Sint-Pieters-WoluweManufacture of basic metals
since 2008unit no. 2.172.208.102
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21684B0057/00X020 Brussels 2,012 m² 1 · 336 m² 32.3 m · 10
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La location,l’achat,la vente,la transformation et en général le commerce de tout bien immeuble; La gestion et l’exploitation d’immeubles…” (deed in French)
22 activities (deed in French)
  1. La location,l’achat,la vente,la transformation et en général le commerce de tout bien immeuble.
  2. La gestion et l’exploitation d’immeubles destinés au commerce ou à l’habitation privée.
  3. Le montage et démontage d’éléments de structures métalliques non fabriqués par l’unité qui exécute les travaux.
  4. Les travaux de soudure.
  5. Les travaux de démolition.
  6. Nettoyage industriel.
  7. Les travaux d’achèvement et de finitions des bâtiments.
  8. Les autres travaux d’installation,y compris l’installation d’accessoires.
  9. Les travaux d’isolation.
  10. L’exécution de travaux de rejointoiement.
  11. La pose de chape.
  12. Autres travaux maritimes et fluviaux.
  13. Travaux de drapage.
  14. Construction d’autoroutes,de routes,d’aérodromes et d’installations sportives.
  15. Les forages et sondages.
  16. Les travaux de terrassements.
  17. Le déblayage des chantiers.
  18. La vente au comptoir d’aliments et de boissons à consommer sur place,généralement présentés dans des conditionnements jetables : établissements de restauration rapide tels que les snack-bars,les cafés-restaurants,tavernes.
  19. Les activités de conseil concernant le type et la configuration du matériel informatique et les applications logicielles.
  20. L’exploitation d’un institut de beauté ;
  21. Les soins de corps et de visage,l’épilation,le massage non thérapeutique,gommage,enveloppement,le maquillage,la manucure,la pédicure ;
  22. L’achat et la vente,l’import et l’export de produits de soins,de parfums,la vente de produits de beauté,d’articles cadeaux,bijoux de fantaisie,accessoires de mode,etc.,…

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ZUGRAY CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple…” (deed in French)

deed of 28-10-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, sans limitation de durée” (deed in French)

deed of 28-10-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Libre cession de tout ou partie” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Organe qui procède à l’émission, actionnaires existants proportionnellement au nombre d’actions détenues” (deed in French)

deed of 28-10-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Tout temps par AG formes modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 28-10-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, détermine librement au fur et à mesure des besoins et aux époques jugées utiles les versements ultérieurs sur actions…” (deed in French)
Other provision: “Effet des cessions et certificats, délivrés aux titulaires constatant ces inscriptions” (deed in French)
Other provision: “Rémunération des administrateurs, frais généraux plus frais représentation, voyages et déplacements” (deed in French)
Other provision: “Gestion journalière, en tout temps” (deed in French)
Other provision: “Contrôle de la société, un ou plusieurs commissaires” (deed in French)
Other provision: “Séances–procès-verbaux, au siège,consigne décisions AG ou actionnaire unique” (deed in French)
Other provision: “Une voix par action,réserve actions sans droit de vote, délibérations–vote–procuration” (deed in French)
Other provision: “Pouvoirs de l'assemblée générale, pouvoirs conférés par Code des sociétés et des associations” (deed in French)
Other provision: “Répartition–réserves, moitié aux réserves,moitié distribuée si conditions légales distribution remplies” (deed in French)
Liquidation distribution: “Apurement dettes,charges,frais ou consignation, actif net entre actionnaires en proportion des actions,biens conservés remis même proportion” (deed in French)
Other provision: “Paiement dividendes et acomptes, administrateur unique autorisé sous responsabilité propre selon dispositions légales” (deed in French)
Other provision: “Élection de domicile, actionnaire,administrateur,commissaire,liquidateur,porteur obligations domicilié étranger” (deed in French)
Other provision: “Compétence judiciaire, entre société,actionnaires,administrateurs,commissaires,liquidateurs sur affaires et exécution statuts” (deed in French)
Other provision: “Droit commun, impératives Code réputées non écrites” (deed in French)
4 more provisions in the deed, see the deed of 28-10-2024

deed of 28-10-2024