B.G.O.

Active

Private limited companyfounded 20242 yrs activeRue des Bouchers(H-G) 15, 7110 La Louvière, BelgiumKBO/BCE: BE 1006.100.232

Summary

B.G.O. has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,653 and a net result of €9,357. Its solvency ranks better than 72% of 8619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Risk analysisWatch Report Compare

B.G.O.ActiveChecked score 65/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001General construction of buildings NACE 41201

1 site

Size

€48,974total assets 2025

Equity: €31,653
Profit: €9,357

Turnover not published (abridged schema)

Financial health

65 Healthy Checked score 2025

Bankruptcy chance 12 m: 1.5%

Structure

Accounts filed 20 d late0 of 1 deed read

Why 65- Founded in 2024- Size: total assets €48,974- Sector Construction of residential and non-residential buildings (NACE 41)+ Liquidity: current ratio 2.16, cash €12,862Show the evidence

Checked score

Score 2025

65 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 75% of its sector peers (NACE 41, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 90+19

equity 64.6% of total assets

Liquidity 67+31

short-term debt 35.4% · cash 26.3%

Profitability 93-7

return on assets 19.1%

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,187 companies)

Last 24 months 03-2025: 3.6% 04-2025: 3.6%● 0.0% vs 03-2025 05-2025: 3.7%▲ +4.2% vs 04-2025 06-2025: 4.0%▲ +7.9% vs 05-2025 07-2025: 4.2%▲ +3.8% vs 06-2025 08-2025: 4.5%▲ +8.7% vs 07-2025highest value 09-2025: 2.9%▼ -36.3% vs 08-2025 10-2025: 2.9%● 0.0% vs 09-2025 11-2025: 2.9%● 0.0% vs 10-2025 12-2025: 2.9%▼ -1.2% vs 11-2025 01-2026: 2.8%▼ -1.4% vs 12-2025 02-2026: 2.9%▲ +1.4% vs 01-2026 03-2026: 2.9%▲ +2.0% vs 02-2026 04-2026: 3.0%▲ +4.0% vs 03-2026 05-2026: 3.1%▲ +0.7% vs 04-2026 06-2026: 3.0%▼ -0.9% vs 05-2026 07-2026: 3.2%▲ +5.8% vs 06-2026 08-2026: 3.7%▲ +15.2% vs 07-2026 09-2026: 1.5%▼ -59.1% vs 08-2026 10-2026: 1.5%▼ -0.7% vs 09-2026lowest value

Founded in 2024 raises the probability for this profile
Size: total assets €48,974 raises the probability for this profile
Liquidity: current ratio 2.16, cash €12,862 lowers the probability
Sector Construction of residential and non-residential buildings (NACE 41) raises the probability

Credit up to €2,000 at 30 days acceptable

Liquidity ample (current ratio 2.16 against 1.61 in 2024; short-term debt: 35.4% and cash: 26.3% of total assets), and 35.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 74%, liquidity 72%, profitability 77%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Founded in 2024

In the bankruptcy model this factor raises the probability for this profile.

KBO

Size: total assets €48,974

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Liquidity: current ratio 2.16, cash €12,862

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Sector Construction of residential and non-residential buildings (NACE 41)

In the bankruptcy model this factor raises the probability.

KBO

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

20 d late

2024

27 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage