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B & E BUILD

Active
Private limited companyfounded 2023active for 3 yearsSelderstraat 45, 2060 Antwerpen, BelgiumKBO/BCE: BE 0804.136.235
Summary

The computed 12-month bankruptcy probability of B & E BUILD is 8.8% (elevated). The 2024 annual accounts show negative equity (-€4,352) and a net result of -€9,352. Its solvency ranks better than 6% of 35,978 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

Equity
-€4,352
Total assets
€17,240
Net result
-€9,352
Working capital
-€14,498

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €17,240
Fixed assets €10,147
Current assets €7,093
Equity and liabilities
Equity-€4,352
Debt€21,592
Equity is negative: debt (€21,592) exceeds the balance-sheet total (€17,240).
Key figures and ratios
2024 value
EBITDA
-€6,412
Cash flow
-€5,600
Solvency
-25.2%
Current ratio
0.33
ROA
-54.2%
Interest coverage
-35.14
Debt
€21,592
Debt ≤ 1 year
€21,592
Staff costs
€72,423
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 8.8% 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 497,468 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% 1.0%
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 7,639 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 · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€17,240
Fixed assets21/28€10,147
Tangible fixed assets22/27€10,147
Plant, machinery and equipment23€1,286
Furniture and vehicles24€8,860
Current assets29/58€7,093
Amounts receivable within one year40/41€5,975
Trade receivables40€5,043
Other amounts receivable41€932
Cash at bank and in hand54/58€508
Deferred charges and accrued income490/1€611
Equity and liabilities
Total equity and liabilities10/49€17,240
Equity10/15-€4,352
Contributions10/11€5,000
Profit (loss) carried forward14-€9,352
Amounts payable17/49€21,592
Amounts payable within one year42/48€21,592
Financial debts43€10,000
Other loans439€10,000
Trade debts44€2,755
Suppliers440/4€2,755
Taxes, remuneration and social security45€5,847
Taxes450/3€421
Remuneration and social security454/9€5,426
Other amounts payable47/48€2,990
Income statement Code2024
Remuneration, social security and pensions62€72,423
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,751
Other operating charges640/8€3,308
Gross operating margin9900€69,319
Operating profit (loss)9901-€10,163
Financial income75/76B€994
Recurring financial income75€994
Financial charges65/66B€182
Recurring financial charges65€182
Profit (loss) for the period before taxes9903-€9,352
Profit (loss) for the period9904-€9,352
Profit (loss) for the period to be appropriated9905-€9,352
Appropriation of the result
Profit (loss) to be appropriated9906-€9,352

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€72,423
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,751
Other operating charges640/8€3,308
Gross operating margin9900€69,319
Operating profit (loss)9901-€10,163
Financial income75/76B€994
Recurring financial income75€994
Financial charges65/66B€182
Recurring financial charges65€182
Profit (loss) for the period before taxes9903-€9,352
Profit (loss) for the period9904-€9,352
Profit (loss) for the period to be appropriated9905-€9,352
Line2024
Assets
Total assets20/58€17,240
Fixed assets21/28€10,147
Tangible fixed assets22/27€10,147
Plant, machinery and equipment23€1,286
Furniture and vehicles24€8,860
Current assets29/58€7,093
Amounts receivable within one year40/41€5,975
Trade receivables40€5,043
Other amounts receivable41€932
Cash at bank and in hand54/58€508
Deferred charges and accrued income490/1€611
Equity and liabilities
Total equity and liabilities10/49€17,240
Equity10/15-€4,352
Contributions10/11€5,000
Profit (loss) carried forward14-€9,352
Amounts payable17/49€21,592
Amounts payable within one year42/48€21,592
Financial debts43€10,000
Other loans439€10,000
Trade debts44€2,755
Suppliers440/4€2,755
Taxes, remuneration and social security45€5,847
Taxes450/3€421
Remuneration and social security454/9€5,426
Other amounts payable47/48€2,990
Line2024
Profit (loss) for the period9904-€9,352
+ Depreciation and write-downs630€3,751
Operating cash flow (approximation)-€5,600

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 (1)
Financial year Type Filed Reference
31-12-2024 micro format 20-07-2025 2025-00289713

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 6,969 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,523. See the whole sector

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