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B CONSTRUCT

Active Private limited companyfounded 2021active for 5 yearsKoningin Astridlaan 59b, 1780 WemmelKBO/BCE: BE 0766.341.966

Lifetime

4 annual accounts with figures on one time axis
peak €430,435 (2022)
€424,921▲ 444%
peak €31,913 (2022)
€4,340▲ 55.7%
peak €35,458 (2025)
€35,458▲ 13.9%
€146,017▲ 12×
Board3 names since 2021
1 directorGhita Liviu
Documentsfilings and deeds
29-04-20261 day before the deadline
2025micro format
Turnover from €78,079 to €424,921Gross margin from €5,983 to €12,622Result from €2,786 to €4,340Resignation: Citea Costian (director) 13-06Equity from €31,119 to €35,458Debts from €12,437 to €146,017

Key points

from the 2025 annual accounts

Equity

€35,458 ▲ 13.9%

B CONSTRUCT has made a profit in every financial year since 2022.

Turnover

€424,921 ▲ 444%
€78,1002024€425,0002025

Turnover rose in 2025 from €78,079 to €424,921.

Debts

€146,017 80% of the balance sheet
Suppliers 98%Taxes and wages 2%

Payment terms

127 days to suppliers
Suppliers
37 to 127
Customers
155 to 7

B CONSTRUCT pays its suppliers 90 days later than in 2024. Customers pay 148 days earlier.

Liquidity

1.24 was 3.44 in 2024

Short-term debts rose from €12,437 to €146,017.

Checked score

54
Fair
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
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 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.4% 01-2025: 2.5%▲ +0.1 percentage points vs 12-2024 02-2025: 2.6%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.1 percentage points vs 02-2025 04-2025: 2.6%▼ -0.1 percentage points vs 03-2025 05-2025: 3.1%▲ +0.5 percentage points vs 04-2025highest value 06-2025: 0.8%▼ -2.3 percentage points vs 05-2025lowest value 07-2025: 0.8%● unchanged vs 06-2025lowest value 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.8%▲ +0.9 percentage points vs 01-2026 03-2026: 1.9%▲ +0.1 percentage points vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 2.4%▲ +0.5 percentage points vs 04-2026 06-2026: 2.2%▼ -0.2 percentage points vs 05-2026 07-2026: 2.2%● unchanged vs 06-2026 08-2026: 2.2%● unchanged vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.0%▼ -0.2 percentage points vs 09-2026 11-2026: 1.9%▼ -0.1 percentage points vs 10-2026

Financial strength
Average

45-51equity 19.5% of total assets
56-2short-term debt 80.5% · cash 89.3%
36-21return on assets 2.4%

Score breakdown

raises risk
1 change of registered office in 24 months
Ex-officio strike-off in the KBO
Founded in 2021
lowers risk
Liquidity: current ratio 1.24, cash €162,051
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 21% of them on solvency, 52% on liquidity, 18% on profitability and 80% on growth.

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 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 3,274 companies had the same profile as B CONSTRUCT has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 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.

That fits the bankruptcy probability of B CONSTRUCT itself: 1.9% within 12 months.

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 3,274 companies, not a prediction for B 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 €1,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.24 (3.44 in 2024), below the usual 1.5. Short-term debt is 80.5% and cash 89.3% of total assets. 80.5% of the assets are financed with debt and provisions.

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

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.24, cash €162,051
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 35125 sector peers (2025).
NBB · sector comparison
Position among 35125 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
2 days early
2022
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 2 days before 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.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline

Board and ownership

GL
Director
  • CITEACOSTIAN 75 sharesdeed of 16-02-2022
  • HODOROGEASTANCIU 5 sharesdeed of 16-02-2022
  • STOICANARCIS 5 sharesdeed of 16-02-2022
and 2 other shareholdersBoard & ownership

Recent changes

Registered office moved from Sint-Pieters-Leeuw to Wemmel New registered office: Koningin Astridlaan 59b bus 9- 1780 Wemmel · Previous registered office: Hendrik Consciencestraat 3 bus 6, 1600 Sint-Pieters-Leeuw · General meeting of 02-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0766341966
Address struck effective 02-12-2025 · KBO administration
Resignation: Citea Costian (director) Appointment: Ghita Liviu (director) · Director discharge: Citea Costian · General meeting of 30-09-2024 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
B CONSTRUCT Wemmel €424,921 2.8% 19.5% -
Universal Lift install Asse €297,600 4.6% 37.8% -
LAGEBO Zele - - -29.2% -
M BOUW Antwerp - - 15.6% -
ACP CONSTRUCT Ixelles - - 13.1% -
ROCCA GROUP Genk - - 28.7% -
MAXIME PIRON Charleroi €335,281 2.1% 31.0% -
-10%0%10%20%€500,000€5m€50m€500mB CONSTRUCTEBIT margin

Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as B CONSTRUCT: other construction installation (NACE 43240). They are comparable in size and age: total assets between €118,000 and €253,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 02-04-2021Normal situation
Registered office
42 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Other construction installationNACE 43240and 5 others
Establishment unit
2.315.544.3091780 Wemmel, since 02-04-2021
Financial year end
30 September
Peppol
Reachable since 03-03-2026
Company details

Annual accounts to 30-09-2025

€181,475▲ 317%
Filing
Filed on 29-04-2026, 1 day before the end of the filing period
Financials

Insights on B CONSTRUCT

B CONSTRUCT has existed since 2021. The present size dates from 2025. Turnover rose that year from €78,079 to €424,921.

Solvency fell in 2025 from 71.4% to 19.5% because of higher debts to suppliers.

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 B CONSTRUCT

What is the company number of B CONSTRUCT?
The company number of B CONSTRUCT is 0766.341.966. The VAT number is the same number with BE in front: BE 0766.341.966.
Where is B CONSTRUCT based?
The registered office is at Koningin Astridlaan 59b, 1780 Wemmel.Company details
What does B CONSTRUCT do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of B CONSTRUCT?
B CONSTRUCT is a private limited company (BV).
When was B CONSTRUCT founded?
B CONSTRUCT was founded on 02-04-2021.
Is B CONSTRUCT still active?
Yes, B CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of B CONSTRUCT?
The turnover of B CONSTRUCT was €424,921 in financial year 2025, according to the filed annual accounts.Financials
Is B CONSTRUCT profitable?
In financial year 2025, B CONSTRUCT made a profit of €4,340.
Where can I find the annual accounts of B CONSTRUCT?
B CONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B CONSTRUCT due?
B CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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