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2B Constructions

Active
Private limited companyfounded 2021active for 5 yearsBosweg 33, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0771.523.746
Summary

2B Constructions has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,077 and a net result of €42,934. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 87% of 34,728 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€59,003total assets 2025
Equity
€48,077
Profit
€42,934
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 9 days early2 of 3 deeds summarised
Why 97raises riskFounded in 2021lowers riskLiquidity: current ratio 4.22, cash €31,677Equity €48,077 (81.5% of total assets)Figures for financial year 2025 (filed 22-07-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 93% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100+74
equity 81.5% of total assets
Liquidity 95+95
short-term debt 18.5% · cash 53.7%
Profitability 100+31
return on assets 72.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.6%▼ -0.3 percentage points vs 02-2025 04-2025: 0.8%▲ +0.2 percentage points vs 03-2025 05-2025: 1.0%▲ +0.2 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +1.9 percentage points vs 07-2025highest value 09-2025: 1.7%▼ -1.3 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.8%▲ +0.1 percentage points vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 0.2%▼ -1.6 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.22, compared with 0.94 in 2024, above the usual 1.5; short-term debt: 18.5% and cash: 53.7% of total assets), and 18.5% 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 90% on solvency, 92% on liquidity, 92% on profitability and 99% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.22, cash €31,677
NBB · annual accounts
lowers risk · Equity €48,077 (81.5% of total assets)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 22-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year €48,077
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
9 days early
2024
1 day early
2023
9 days early
2022
54 days early
2021
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 25 days before 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2021 to 2025net €42,934 ▲9,775%
  3. Liquidity more than quadruplescurrent ratio 4.22

Financials · financial year 2025, micro format

Equity
€48,077▲ 835%
2024 · €5,143
Total assets
€59,003▼ 86.8%
2024 · €447,465
Net result
€42,934▲ 99×
2024 · €435
Working capital
€35,145
2024 · -€28,236
Trend over the years

2021 to 2025, 5 financial years

The operating result recovers in 2025; 2025 is 119 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€56,773 2025 Net result€42,934 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
Line20212022202320242025
Operating result-€6,371--€1,717▲ 73.0%€2,965€477▼ 83.9%€56,773▲ 119×
Net result-€6,421below the sector's middle half--€1,765below the sector's middle half▲ 72.5%€2,895within the sector's middle half€435within the sector's middle half▼ 85.0%€42,934above the sector's middle half▲ 99×
Equity€3,579below the sector's middle half-€1,814below the sector's middle half▼ 49.3%€4,709below the sector's middle half▲ 160%€5,143below the sector's middle half▲ 9.2%€48,077within the sector's middle half▲ 835%
Total assets€3,694below the sector's middle half-€2,162below the sector's middle half▼ 41.5%€9,757below the sector's middle half▲ 351%€447,465above the sector's middle half▲ 46×€59,003below the sector's middle half▼ 86.8%
Debt€115-€348▲ 203%€5,049▲ 15×€442,322▲ 88×€10,927▼ 97.5%
Working capital€3,579below the sector's middle half-€1,814below the sector's middle half▼ 49.3%€4,709within the sector's middle half▲ 160%-€28,236below the sector's middle half€35,145within the sector's middle half
Solvency48.3%within the sector's middle half1.1%below the sector's middle half▼ 47.1pp81.5%above the sector's middle half▲ 80.3pp
Current ratio1.93within the sector's middle half0.94below the sector's middle half▼ 1.004.22above the sector's middle half▲ 3.28
Return on assets (ROA)29.7%above the sector's middle half0.1%below the sector's middle half▼ 29.6pp72.8%above the sector's middle half▲ 72.7pp
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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59,003
Fixed assets €12,932 ▼ 61.3%
Current assets €46,072 ▼ 88.9%
Equity and liabilities €59,003
Equity €48,077 ▲ 835%
Debt €10,927 ▼ 97.5%
Debt's share of the balance-sheet total falls from 98.9% to 18.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€58,742▲
2024 · €6,722
Cash flow
€44,902▲
2024 · €6,679
Debt to equity
0.23▼
2024 · 86.00
ROE
89.3%▲
2024 · 8.5%
Interest coverage
over 100▲
2024 · 18.02
Debt ≤ 1 year
€10,927▼
2024 · €442,322
Income taxes
€13,694
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 26,972 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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€447,465€59,003▼
Fixed assets21/28€33,380€12,932▼
Tangible fixed assets22/27€33,380€12,932▼
Plant, machinery and equipment23€4,033€3,133▼
Furniture and vehicles24€29,347€9,799▼
Current assets29/58€414,085€46,072▼
Stocks and contracts in progress3€412,030-
Stocks30/36€412,030-
Amounts receivable within one year40/41€408€14,395▲
Trade receivables40-€13,734
Other amounts receivable41€408€661▲
Cash at bank and in hand54/58€872€31,677▲
Deferred charges and accrued income490/1€776-
Equity and liabilities
Total equity and liabilities10/49€447,465€59,003▼
Equity10/15€5,143€48,077▲
Contributions10/11€10,000€10,000=
Reserves13-€38,077
Distributable reserves133-€38,077
Profit (loss) carried forward14-€4,857-
Amounts payable17/49€442,322€10,927▼
Amounts payable within one year42/48€442,322€10,927▼
Trade debts44€2,546€7,537▲
Suppliers440/4€2,546€7,537▲
Taxes, remuneration and social security45-€774
Taxes450/3-€774
Other amounts payable47/48€439,776€2,615▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,244€1,969▼
Other operating charges640/8€912€2,815▲
Gross operating margin9900€7,633€61,557▲
Operating profit (loss)9901€477€56,773▲
Financial income75/76B€331€2▼
Recurring financial income75€331€2▼
Financial charges65/66B€373€148▼
Recurring financial charges65€373€148▼
Profit (loss) for the period before taxes9903€435€56,627▲
Income taxes67/77-€13,694
Profit (loss) for the period9904€435€42,934▲
Profit (loss) for the period to be appropriated9905€435€42,934▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,857€38,077▲
Profit (loss) brought forward from the previous period14P-€5,291-€4,857▲
Transfer to equity691/2-€38,077
To other reserves6921-€38,077

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,134--€6,244€1,969▼ 68.5%
Other operating charges640/8€348€348€595€912€2,815▲ 209%
Gross operating margin9900-€4,890-€1,370€3,560€7,633€61,557▲ 706%
Operating profit (loss)9901-€6,371-€1,717€2,965€477€56,773▲ 119×
Financial income75/76B--€8€331€2▼ 99.5%
Recurring financial income75--€8€331€2▼ 99.5%
Financial charges65/66B€50€48€78€373€148▼ 60.4%
Recurring financial charges65€50€48€78€373€148▼ 60.4%
Profit (loss) for the period before taxes9903-€6,421-€1,765€2,895€435€56,627▲ 130×
Income taxes67/77----€13,694-
Profit (loss) for the period9904-€6,421-€1,765€2,895€435€42,934▲ 99×
Profit (loss) for the period to be appropriated9905-€6,421-€1,765€2,895€435€42,934▲ 99×
Line20212022202320242025Change
Assets
Total assets20/58€3,694€2,162€9,757€447,465€59,003▼ 86.8%
Fixed assets21/28---€33,380€12,932▼ 61.3%
Tangible fixed assets22/27---€33,380€12,932▼ 61.3%
Plant, machinery and equipment23---€4,033€3,133▼ 22.3%
Furniture and vehicles24---€29,347€9,799▼ 66.6%
Current assets29/58€3,694€2,162€9,757€414,085€46,072▼ 88.9%
Stocks and contracts in progress3---€412,030--
Stocks30/36---€412,030--
Amounts receivable within one year40/41€1,211-€366€408€14,395▲ 35×
Trade receivables40--€59-€13,734-
Other amounts receivable41€1,211-€307€408€661▲ 62.0%
Cash at bank and in hand54/58€2,482€2,162€9,392€872€31,677▲ 36×
Deferred charges and accrued income490/1---€776--
Equity and liabilities
Total equity and liabilities10/49€3,694€2,162€9,757€447,465€59,003▼ 86.8%
Equity10/15€3,579€1,814€4,709€5,143€48,077▲ 835%
Contributions10/11€10,000€10,000€10,000€10,000€10,000=
Reserves13----€38,077-
Distributable reserves133----€38,077-
Profit (loss) carried forward14-€6,421-€8,186-€5,291-€4,857--
Amounts payable17/49€115€348€5,049€442,322€10,927▼ 97.5%
Amounts payable within one year42/48€115€348€5,049€442,322€10,927▼ 97.5%
Trade debts44€115€348€49€2,546€7,537▲ 196%
Suppliers440/4€115€348€49€2,546€7,537▲ 196%
Taxes, remuneration and social security45----€774-
Taxes450/3----€774-
Other amounts payable47/48--€5,000€439,776€2,615▼ 99.4%
Line20212022202320242025Change
Profit (loss) for the period9904-€6,421-€1,765€2,895€435€42,934▲ 99×
+ Depreciation and write-downs630€1,134--€6,244€1,969▼ 68.5%
Operating cash flow (approximation)-€5,287-€1,765€2,895€6,679€44,902▲ 572%
Investment in fixed assets (approximation)----€18,479-
Change in cash--€321€7,230-€8,520€30,805-

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

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00316282
31-12-2024 micro format 30-07-2025 2025-00329364
31-12-2023 micro format 22-07-2024 2024-00267377
31-12-2022 micro format 07-06-2023 2023-00115198
31-12-2021 micro format 10-06-2022 2022-20059752

Similar companies · same sector, comparable size

Of the 15,141 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,422. 6,055 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, last change in 2024
Verhaegen Kelly
Director · since 17-05-2024
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 →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Verhaegen Kelly
  • Director, from 17-05-2024 to date
Briat Jan
  • Director, until 08-08-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

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

On 19 July 2021, 2B Constructions was incorporated as a private limited company.1 In 2023 the registered office moved to Heist-op-den-Berg.2 Total assets went from €3,694 in 2021 to €59,003 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-08-2023
  3. 3National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2021 to 2025net €42,934 ▲9,775%
Operating result €56,773, net result €42,934, both a record.
31-12
Financial Liquidity more than quadruplescurrent ratio 4.22
Current ratio from 0.94 to 4.22; short-term debt falls from €442,322 to €10,927.
30-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
08-08
Gazette deed Appointment: Verhaegen Kelly (director)
Resignation: Briat Jan (director)3 facts ▸
  • General meeting, 14-05-2024
  • Director appointment, Verhaegen Kelly (director)
  • Director resignation, Briat Jan (director)
22-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €2,895
Net result €2,895 after 2 loss-making years.
24-08
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, “unanimiteit van stemmen, bestuurder” (deed in Dutch)
  • Registered-office move, Bosweg 33 te 2220 Heist-op-den-Berg
07-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
10-06
NBB filing Annual accounts filed
financial year 2021 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded19-07-2021
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
68121Development of residential building projects
43240Other construction installation
43350Other building finishing work
77320Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0771523746
Registered 24-11-2025

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

Register as of 27 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 0771.523.746

Environmental permits

1 application in Flanders since 2024 · 1 granted
Functiewijziging zonder verbouwingswerken
Granted on 30-09-2024submitted 01-08-2024authority: Begijnendijkproject 2024107051

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
850 m²
Building footprint
167 m²
Building volume
43 m³
Parcel 12322H0023/00S000, Flanders · tallest building 9.0 m. Linked by address, not a title deed.
1 establishment unit
2B Constructions
Bosweg 33, 2220 Heist-op-den-BergOther specialised construction activities
since 2021unit no. 2.320.350.262
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12322H0023/00S000 Flanders 850 m² 1 · 167 m² 9.0 m
How the parcels are linked
Good to know
The parcel matches the address exactly.