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B-CONSTRUCT

Active
Private limited companyfounded 2012active for 14 yearsVeroonskouter 21, 1502 Halle, BelgiumKBO/BCE: BE 0843.595.142
Summary

B-CONSTRUCT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €380,981. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 76% of 10,598 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€3.4mtotal assets 2025
Equity
€2.7m
Profit
€380,981
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Holdings
2
Accounts on time0 of 3 deeds read
Why 97raises riskLiquidity: current ratio 4.19, cash €73,447lowers riskSize: total assets €3.4mFigures for financial year 2025 (filed 30-04-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 76% of its sector peers (NACE 70, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 80.0% of total assets
Liquidity 53+1
short-term debt 7.5% · cash 2.2%
Profitability 83+3
return on assets 11.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (4,511 companies, NACE 70, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.19, compared with 2.02 in 2024; short-term debt: 7.5% and cash: 2.2% of total assets), and 20% of the assets are financed with debt.
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 70, small): better than 85% on solvency, 64% on liquidity, 82% on profitability and 72% on growth.

The bankruptcy probability was computed on 08-10-2026 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 risk+raises risk○neutral
lowers risk · Size: total assets €3.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-04-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 4.19, cash €73,447
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
15 days early
2022
26 days early
2021
32 days early
2020
50 days early
2019
6 days early
← 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 18 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
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 16 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than doublescurrent ratio 4.19
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€2.7m▲ 16.5%
2024 · €2.3m
Total assets
€3.4m▲ 10.1%
2024 · €3.1m
Net result
€380,981▲ 33.0%
2024 · €286,468
Working capital
€803,172▲ 269%
2024 · €217,612
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 14% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2025 Net result€0.4m 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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
Line2019202020212022202320242025
Operating result€0.05m-€0.07m▲ 26.2%€0.1m▲ 79.9%€0.2m▲ 24.1%€0.2m▲ 1.9%€0.1m▼ 12.8%€0.2m▲ 13.8%
Net result€0.02m-€0.04mwithin the sector's middle half▲ 78.1%€0.6mabove the sector's middle half▲ 1,255%€0.1mwithin the sector's middle half▼ 83.1%€0.1mwithin the sector's middle half▲ 0.4%€0.3mabove the sector's middle half▲ 189%€0.4mabove the sector's middle half▲ 33.0%
Equity€1.3m-€1.3mabove the sector's middle half▲ 3.3%€1.9mabove the sector's middle half▲ 43.8%€2.0mabove the sector's middle half▲ 3.6%€2.1mabove the sector's middle half▲ 3.8%€2.3mabove the sector's middle half▲ 11.9%€2.7mabove the sector's middle half▲ 16.5%
Total assets€1.7m-€1.7mwithin the sector's middle half▲ 1.6%€2.9mabove the sector's middle half▲ 69.3%€3.0mabove the sector's middle half▲ 2.2%€3.0mabove the sector's middle half▼ 0.7%€3.1mabove the sector's middle half▲ 3.0%€3.4mabove the sector's middle half▲ 10.1%
Debt€0.4m-€0.4m▼ 3.8%€1.0m▲ 156%€1.0m▼ 0.5%€0.9m▼ 9.7%€0.7m▼ 17.3%€0.7m▼ 9.7%
Working capital-€0.008m-€0.02mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 719%€0.2mwithin the sector's middle half▲ 46.0%€0.2mwithin the sector's middle half▼ 10.2%€0.2mwithin the sector's middle half▲ 32.9%€0.8mabove the sector's middle half▲ 269%
Solvency76.1%-77.4%above the sector's middle half▲ 1.3pp65.7%within the sector's middle half▼ 11.6pp66.6%within the sector's middle half▲ 0.9pp69.6%within the sector's middle half▲ 3.0pp75.6%within the sector's middle half▲ 6.0pp80.0%above the sector's middle half▲ 4.4pp
Current ratio0.87-1.20within the sector's middle half▲ 0.331.97within the sector's middle half▲ 0.772.21within the sector's middle half▲ 0.252.00within the sector's middle half▼ 0.212.02within the sector's middle half▲ 0.024.19above the sector's middle half▲ 2.17
Return on assets (ROA)1.4%-2.5%within the sector's middle half▲ 1.1pp20.0%above the sector's middle half▲ 17.5pp3.3%within the sector's middle half▼ 16.7pp3.3%within the sector's middle half=9.4%within the sector's middle half▲ 6.0pp11.3%within the sector's middle half▲ 1.9pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy 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 abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets €2.3m ▼ 12.0%
Current assets €1.1m ▲ 145%
Equity and liabilities €3.4m
Equity €2.7m ▲ 16.5%
Debt €671,721 ▼ 9.7%
Debt's share of the balance-sheet total falls from 24.4% to 20.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€184,236▲
2024 · €153,733
Cash flow
€410,570▲
2024 · €304,347
Debt to equity
0.25▼
2024 · 0.32
ROE
14.2%▲
2024 · 12.4%
Interest coverage
13.41▲
2024 · 10.15
Debt ≤ 1 year
€251,486▲
2024 · €213,297
Debt > 1 year
€418,065▼
2024 · €525,940
Income taxes
€74,575▲
2024 · €33,159
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.1m€3.4m▲
Fixed assets21/28€2.6m€2.3m▼
Tangible fixed assets22/27€0.5m€0.5m▲
Land and buildings22€0.5m€0.5m▼
Furniture and vehicles24€0.002m€0.03m▲
Other tangible fixed assets26€0.003m€0.003m▲
Financial fixed assets28€2.1m€1.8m▼
Current assets29/58€0.4m€1.1m▲
Amounts receivable after more than one year29€0.4m€0.9m▲
Trade receivables290€0.4m€0.9m▲
Amounts receivable within one year40/41€0.02m€0.03m▲
Trade receivables40€0.02m€0.03m▲
Other amounts receivable41€0.002m€0▼
Cash at bank and in hand54/58€0.04m€0.07m▲
Deferred charges and accrued income490/1€0.009m€0.03m▲
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.4m▲
Equity10/15€2.3m€2.7m▲
Contributions10/11€0.7m€0.7m=
Reserves13€1.6m€2.0m▲
Non-distributable reserves130/1€0.003m€0.003m=
Reserves not available under the articles1311€0.003m€0.003m=
Tax-exempt reserves132€0.05m€0.05m=
Distributable reserves133€1.5m€1.9m▲
Amounts payable17/49€0.7m€0.7m▼
Amounts payable after more than one year17€0.5m€0.4m▼
Financial debts170/4€0.3m€0.2m▼
Other amounts payable178/9€0.2m€0.2m▼
Amounts payable within one year42/48€0.2m€0.3m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Financial debts43€0.02m€0.02m▲
Credit institutions430/8€0.008m€0.01m▲
Other loans439€0.01m€0.01m▲
Trade debts44€0.02m€0.04m▲
Suppliers440/4€0.02m€0.04m▲
Taxes, remuneration and social security45€0.02m€0.06m▲
Taxes450/3€0.02m€0.06m▲
Other amounts payable47/48€0.06m€0.03m▼
Accrued charges and deferred income492/3€0.005m€0.002m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m▲
Other operating charges640/8€0.005m€0.004m▼
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€0.2m€0.3m▲
Recurring financial income75€0.2m€0.3m▲
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.02m€0.01m▼
Profit (loss) for the period before taxes9903€0.3m€0.5m▲
Income taxes67/77€0.03m€0.07m▲
Profit (loss) for the period9904€0.3m€0.4m▲
Profit (loss) for the period to be appropriated9905€0.3m€0.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.4m▲
Transfer to equity691/2€0.3m€0.4m▲
To the legal reserve6920€0-
To other reserves6921€0.3m€0.4m▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,111€17,848€17,847€18,390€18,069€17,879€29,589▲ 65.5%
Other operating charges640/8---€4,313€4,419€4,563€4,411▼ 3.3%
Gross operating margin9900€75,226€90,178€144,924€175,617€178,249€158,296€188,647▲ 19.2%
Operating profit (loss)9901€54,274€68,488€123,214€152,914€155,762€135,854€154,647▲ 13.8%
Financial income75/76B---€4,951€4,950€198,912€314,653▲ 58.2%
Recurring financial income75-€7,480€518,664€4,951€4,950€198,912€314,653▲ 58.2%
Financial charges65/66B---€17,513€19,775€15,139€13,744▼ 9.2%
Recurring financial charges65€8,991€8,413€19,577€17,513€19,775€15,139€13,744▼ 9.2%
Profit (loss) for the period before taxes9903€45,284€67,556€622,302€140,352€140,937€319,626€455,556▲ 42.5%
Income taxes67/77€21,029€24,359€36,897€41,694€41,898€33,159€74,575▲ 125%
Profit (loss) for the period9904€24,255€43,197€585,404€98,658€99,039€286,468€380,981▲ 33.0%
Profit (loss) for the period to be appropriated9905€24,255€43,197€585,404€98,658€99,039€286,468€380,981▲ 33.0%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.7m€1.7m€2.9m€3.0m€3.0m€3.1m€3.4m▲ 10.1%
Fixed assets21/28€1.6m€1.6m€2.7m€2.7m€2.6m€2.6m€2.3m▼ 12.0%
Tangible fixed assets22/27€0.6m€0.6m€0.5m€0.5m€0.5m€0.5m€0.5m▲ 1.4%
Land and buildings22---€0.5m€0.5m€0.5m€0.5m▼ 3.3%
Furniture and vehicles24---€0.004m€0.003m€0.002m€0.03m▲ 1,017%
Other tangible fixed assets26-----€0.003m€0.003m▲ 0.6%
Financial fixed assets28€1.1m€1.1m€2.1m€2.1m€2.1m€2.1m€1.8m▼ 15.1%
Current assets29/58€0.05m€0.09m€0.3m€0.3m€0.3m€0.4m€1.1m▲ 145%
Amounts receivable after more than one year29---€0.2m€0.2m€0.4m€0.9m▲ 160%
Trade receivables290---€0.2m€0.2m€0.4m€0.9m▲ 160%
Amounts receivable within one year40/41€0.05m€0.06m€0.03m€0.09m€0.06m€0.02m€0.03m▲ 1.1%
Trade receivables40---€0.07m€0.02m€0.02m€0.03m▲ 7.7%
Other amounts receivable41---€0.02m€0.03m€0.002m€0▼ 100%
Cash at bank and in hand54/58€0.001m€0.03m€0.06m€0.08m€0.1m€0.04m€0.07m▲ 82.5%
Deferred charges and accrued income490/1---€0.002m€0.003m€0.009m€0.03m▲ 215%
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.7m€2.9m€3.0m€3.0m€3.1m€3.4m▲ 10.1%
Equity10/15€1.3m€1.3m€1.9m€2.0m€2.1m€2.3m€2.7m▲ 16.5%
Contributions10/11€0.7m--€0.7m€0.7m€0.7m€0.7m=
Reserves13€0.6m€0.6m€1.2m€1.3m€1.3m€1.6m€2.0m▲ 24.0%
Non-distributable reserves130/1----€0.003m€0.003m€0.003m=
Reserves not available under the articles1311----€0.003m€0.003m€0.003m=
Tax-exempt reserves132---€0.05m€0.05m€0.05m€0.05m=
Distributable reserves133---€1.2m€1.3m€1.5m€1.9m▲ 24.9%
Amounts payable17/49€0.4m€0.4m€1.0m€1.0m€0.9m€0.7m€0.7m▼ 9.7%
Amounts payable after more than one year17€0.3m€0.3m€0.9m€0.8m€0.7m€0.5m€0.4m▼ 20.5%
Financial debts170/4---€0.5m€0.4m€0.3m€0.2m▼ 33.1%
Other amounts payable178/9---€0.4m€0.3m€0.2m€0.2m▼ 4.7%
Amounts payable within one year42/48€0.06m€0.08m€0.1m€0.2m€0.2m€0.2m€0.3m▲ 17.9%
Current portion of amounts payable after more than one year42---€0.09m€0.09m€0.1m€0.1m▲ 1.5%
Financial debts43---€0.02m€0.02m€0.02m€0.02m▲ 9.4%
Credit institutions430/8---€0.01m€0.01m€0.008m€0.01m▲ 19.6%
Other loans439---€0.01m€0.01m€0.01m€0.01m▲ 1.5%
Trade debts44€0.001m€0.002m€0.002m€0.003m€0.006m€0.02m€0.04m▲ 165%
Suppliers440/4---€0.003m€0.006m€0.02m€0.04m▲ 165%
Taxes, remuneration and social security45---€0.02m€0.02m€0.02m€0.06m▲ 139%
Taxes450/3---€0.02m€0.02m€0.02m€0.06m▲ 139%
Other amounts payable47/48---€0.008m€0.02m€0.06m€0.03m▼ 45.5%
Accrued charges and deferred income492/3---€0.01m€0.004m€0.005m€0.002m▼ 53.8%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.02m€0.04m€0.6m€0.1m€0.1m€0.3m€0.4m▲ 33.0%
+ Depreciation and write-downs630€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.03m▲ 65.5%
Operating cash flow (approximation)€0.04m€0.06m€0.6m€0.1m€0.1m€0.3m€0.4m▲ 34.9%
Investment in fixed assets (approximation)--€0.003m-€1.1m-€0.004m-€0.001m-€0.004m€0.3m▲ 7,003%
Change in cash-€0.03m€0.03m€0.02m€0.02m-€0.06m€0.03m▲ 153%

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

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Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

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

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 30-09-2025

According to the annual accounts to 30-09-2025 of B-CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

History

B-CONSTRUCT was incorporated on 12 February 2012.1 Total assets rose from €1.7m in 2019 to €3.4m in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
30-09
Financial Liquidity more than doublescurrent ratio 4.19
Current ratio from 2.02 to 4.19.
30-04
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
15-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
30-09
Financial Equity above €2mequity €2.1m ▲3.8%
A profit in every financial year since 2019 builds equity to €2.1m.
04-04
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
29-03
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial Highest result from 2019 to 2025net €585,404 ▲1,255%
Net result €585,404, the highest in the series.
11-03
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
24-04
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
11-04
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
30-03
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
30-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded12-02-2012
Financial year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0843595142
Also 9925:BE0843595142
Registered 04-11-2025

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

Register as of 9 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
2,901 m²
Building footprint
254 m²
Building volume
1,589 m³
Parcel 23043B0399/00L000, Flanders · tallest building 10.8 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
B-CONSTRUCT
Veroonskouter 21, 1502 HalleActivities of holding companies
since 2012unit no. 2.208.199.456
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23043B0399/00L000 Flanders 2,901 m² 1 · 254 m² 10.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.