B. B. & V. -CONSTRUCT has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.6m) and a net result of -€34,003. Equity remains stable across the filed financial years (±2.4% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Why 53raises riskCapped at 59: negative equityNegative equity -€1.6mLoss of €34,003, the second in a row (financial year 2025)lowers riskSize: total assets €22,475Founded in 2004Show the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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.
53/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (no NACE code, micro)
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0=
equity -6919.9% of total assets
Liquidity50=
short-term debt 2919.1% · cash 51.8%
Profitability0=
return on assets -151.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.8%Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 0.9%12-2024: 0.9%● unchanged vs 11-202401-2025: 0.9%● unchanged vs 12-202402-2025: 0.9%● unchanged vs 01-202503-2025: 0.9%● unchanged vs 02-202504-2025: 0.9%● unchanged vs 03-202505-2025: 0.9%● unchanged vs 04-202506-2025: 0.9%● unchanged vs 05-202507-2025: 1.0%▲ +0.1 percentage points vs 06-202508-2025: 1.0%● unchanged vs 07-202509-2025: 0.9%▼ -0.1 percentage points vs 08-202510-2025: 0.9%● unchanged vs 09-202511-2025: 0.9%● unchanged vs 10-202512-2025: 0.9%● unchanged vs 11-202501-2026: 0.9%● unchanged vs 12-202502-2026: 0.9%● unchanged vs 01-202603-2026: 1.0%▲ +0.1 percentage points vs 02-202604-2026: 1.0%● unchanged vs 03-202605-2026: 1.0%● unchanged vs 04-202606-2026: 1.1%▲ +0.1 percentage points vs 05-202607-2026: 1.2%▲ +0.1 percentage points vs 06-2026highest value08-2026: 0.8%▼ -0.4 percentage points vs 07-2026lowest value09-2026: 0.8%● unchanged vs 08-2026lowest value10-2026: 0.8%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.02, compared with 0.02 in 2024, below 1; cash: 51.8% of total assets), and equity is negative.
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 (no NACE code, micro): better than 5% on solvency, 35% on liquidity, 4% on profitability and 37% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
This company filed its last 7 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 7 July (4 of the last 5 filed years within 30 days of that day).
Working capital-€0.6m--€0.6m▼ 1.0%-€0.6m▼ 0.1%-€0.6m▼ 0.1%-€0.6m▼ 0.1%-€0.6m▼ 0.1%-€0.6m▼ 0.6%-€0.6m▼ 0.1%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,475
48.2%
51.8%
Fixed assets€10,843 =
Current assets€11,633 ▼ 1.7%
Equity and liabilities
Equity-€1.6m
Debt€1.6m
Equity is negative: debt (€1.6m) exceeds the balance-sheet total (€22,475).
Key figures and ratios
2025 value · change against 2024
Current ratio
0.02▼
2024 · 0.02
ROA
-151.3%▲
2024 · -162.9%
Debt ≤ 1 year
€656,073▲
2024 · €655,553
Debt > 1 year
€187,500=
2024 · €187,500
Staff costs
€0▼
2024 · €1,020
A ratio outside any meaningful range has been withheld (balance sheet total €22,475, equity -€1.6m).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.5% are still going.
Micro
20 years or older
negative equity
a loss of 10% of the balance sheet or more
4.5%went bankrupt
10.0%stopped otherwise
84.5%still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 6,619 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 accountsAs filed with the NBB · 2025 against 2024 · 30 lines
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the KBO groups its office holders. Many recent board changes are a reason to keep a close eye.
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before its first mention; an open right edge, that its end is not dated.
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
B. B. & V. -CONSTRUCT was incorporated on 28 May 2004.1Total assets went from €24,427 in 2018 to €22,475 in 2025.2
Gazette deedResignations: B & R (director) and BREBUILD ALGEMEEN BOUWBEDRIJF (director)
Permanent representatives: Van Camfort,Filip Maria Leo Jozef and Martens,Koen Emiel Stefaan · Appointment: Van Camfort,Filip Maria Leo Jozef (enige niet statutaire bestuurder) · Amendment of the articles13 facts ▸
General meeting, 08-01-2026
Other provision, “vaststelling enige aandeelhouder en uitoefening bevoegdheden algemene vergadering, artikel 2:8 §4 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Amendment of the articles
Board rule, “enige bestuurder” (deed in Dutch)
Director resignation, B & R (director)
Permanent representative, Van Camfort,Filip Maria Leo Jozef (2 times)
Director resignation, BREBUILD ALGEMEEN BOUWBEDRIJF (director)
Permanent representative, Van Camfort,Filip Maria Leo Jozef
Board meeting, “ontslag verlenen, raad van bestuur” (deed in Dutch)
Other provision, “prijsinformatie volmacht, lastgever voldoende ingelicht over prijs dienstverlening” (deed in Dutch)
General meeting, 07-06-2024
Other provision, “vaststelling enige aandeelhouder en uitoefening bevoegdheden algemene vergadering, artikel 2:8 §4 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Other provision, “zoals hierna zal blijken uit de statuten, wijziging regels externe vertegenwoordiging” (deed in Dutch)
Other provision, “aanpassing statuten aan WVV met behoud NV, artikel 39 §1 eerste en derde lid wet van 2019-03-23” (deed in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
Registered office and establishments
Registered office and establishments
Where the company is based, and the buildings and parcels at those addresses. An address shared by many companies is often a registered-office service.