B&K
ActiveSummary
B&K has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €612k and a net result of €280k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▼-7
Solvency67▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.45 in 2024; short-term debt: 57.8% and cash: 23.4% of total assets), but 57.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.1%
Return on assets
19.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
8 d early
2023
8 d early
2022
7 d early
2021
4 d early
2020
9 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€612k▲ 3.3%
2024 · €592k
2018: €346klowest in 8 years
2019: €386k▲ +11.4% vs 2018
2020: €434k▲ +12.3% vs 2019
2021: €597k▲ +37.6% vs 2020
2022: €617k▲ +3.5% vs 2021
2023: €657k▲ +6.4% vs 2022highest in 8 years
2024: €592k▼ -9.9% vs 2023
2025: €612k▲ +3.3% vs 2024
2018 → 2025
Total assets
€1.45M▼ 16.5%
2024 · €1.74M
2018: €1.03M
2019: €1.02M▼ -1.2% vs 2018lowest in 8 years
2020: €1.36M▲ +33.0% vs 2019
2021: €1.31M▼ -3.3% vs 2020
2022: €1.23M▼ -6.5% vs 2021
2023: €1.20M▼ -2.5% vs 2022
2024: €1.74M▲ +45.2% vs 2023highest in 8 years
2025: €1.45M▼ -16.5% vs 2024
2018 → 2025
Net result
€280k▼ 35.4%
2024 · €433k
2018: €264klowest in 8 years
2019: €415k▲ +57.3% vs 2018
2020: €748k▲ +80.3% vs 2019highest in 8 years
2021: €663k▼ -11.3% vs 2020
2022: €421k▼ -36.5% vs 2021
2023: €490k▲ +16.4% vs 2022
2024: €433k▼ -11.6% vs 2023
2025: €280k▼ -35.4% vs 2024
2018 → 2025
Working capital
€525k▲ 3.7%
2024 · €506k
2018: €333klowest in 8 years
2019: €370k▲ +11.0% vs 2018
2020: €415k▲ +12.1% vs 2019
2021: €518k▲ +25.0% vs 2020
2022: €542k▲ +4.5% vs 2021
2023: €583k▲ +7.7% vs 2022highest in 8 years
2024: €506k▼ -13.3% vs 2023
2025: €525k▲ +3.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€597k-€617k▲ 3.5%€657k▲ 6.4%€592k▼ 9.9%€612k▲ 3.3%
2021: €597k
2022: €617k▲ +3.5% vs 2021
2023: €657k▲ +6.4% vs 2022highest in 5 years
2024: €592k▼ -9.9% vs 2023lowest in 5 years
2025: €612k▲ +3.3% vs 2024
Operating result€745k-€437k▼ 41.3%€511k▲ 16.8%€423k▼ 17.1%€281k▼ 33.6%
2021: €745khighest in 5 years
2022: €437k▼ -41.3% vs 2021
2023: €511k▲ +16.8% vs 2022
2024: €423k▼ -17.1% vs 2023
2025: €281k▼ -33.6% vs 2024lowest in 5 years
Net result€663k-€421k▼ 36.5%€490k▲ 16.4%€433k▼ 11.6%€280k▼ 35.4%
2021: €663khighest in 5 years
2022: €421k▼ -36.5% vs 2021
2023: €490k▲ +16.4% vs 2022
2024: €433k▼ -11.6% vs 2023
2025: €280k▼ -35.4% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€90k ▼ 13.3%
Current assets
€1.36M ▼ 16.7%
Equity and liabilities €1.45M
Equity
€612k ▲ 3.3%
Debt
€842k ▼ 26.7%
Debt's share of the balance-sheet total falls from 66.0% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€300k▼
2024 · €437k
Cash flow
€299k▼
2024 · €447k
Current ratio
1.62▲
2024 · 1.45
Quick ratio
1.58▲
2024 · 1.41
Debt to equity
1.38▼
2024 · 1.94
ROE
45.7%▼
2024 · 73.2%
ROA
19.2%▼
2024 · 24.9%
Interest coverage
62.48▼
2024 · 109.37
Debt ≤ 1 year
€840k▼
2024 · €1.13M
Income taxes
€10k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.74M€1.45M▼
Fixed assets21/28€103k€90k▼
Tangible fixed assets22/27€103k€90k▼
Land and buildings22€92k€85k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€10k€5k▼
Current assets29/58€1.64M€1.36M▼
Stocks and contracts in progress3€43k€34k▼
Stocks30/36€43k€34k▼
Amounts receivable within one year40/41€164k€285k▲
Trade receivables40€62k€183k▲
Other amounts receivable41€102k€103k▲
Current investments50/53€700k€701k▲
Cash at bank and in hand54/58€727k€341k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.74M€1.45M▼
Equity10/15€592k€612k▲
Contributions10/11€19k€19k=
Reserves13€573k€593k▲
Distributable reserves133€573k€593k▲
Amounts payable17/49€1.15M€842k▼
Amounts payable after more than one year17€15k-
Financial debts170/4€15k-
Amounts payable within one year42/48€1.13M€840k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43€17-
Credit institutions430/8€17-
Trade debts44€591k€546k▼
Suppliers440/4€591k€546k▼
Advances received on contracts in progress46€80€80=
Taxes, remuneration and social security45€14k€1k▼
Taxes450/3€14k€1k▼
Other amounts payable47/48€511k€277k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€8k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-10k-
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€437k€319k▼
Operating profit (loss)9901€423k€281k▼
Financial income75/76B€21k€13k▼
Recurring financial income75€21k€13k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€440k€289k▼
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€433k€280k▼
Profit (loss) for the period to be appropriated9905€433k€280k▼
Appropriation of the result
Profit (loss) to be appropriated9906€433k€280k▼
Transfer from equity791/2€78k-
Transfer to equity691/2€13k€20k▲
To other reserves6921€13k€20k▲
Profit to be distributed694/7€498k€260k▼
Return on contributions (dividend)694€78k-
Directors or managers695€420k€260k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5k | €2k | €12k | ▲ 659% |
| Remuneration, social security and pensions62 | €77k | €46k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €17k | €15k | €14k | €19k | ▲ 38.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2k | €7k | €8k | ▲ 19.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €12k | €-2k | - | €-10k | - | - |
| Other operating charges640/8 | €3k | €4k | €6k | €4k | €4k | ▲ 4.4% |
| Non-recurring operating charges66A | - | - | €2k | - | €7k | - |
| Gross operating margin9900 | €858k | €501k | €536k | €437k | €319k | ▼ 27.0% |
| Operating profit (loss)9901 | €745k | €437k | €511k | €423k | €281k | ▼ 33.6% |
| Financial income75/76B | €16k | €4k | €3k | €21k | €13k | ▼ 34.5% |
| Recurring financial income75 | €16k | €4k | €3k | €21k | €13k | ▼ 34.5% |
| Financial charges65/66B | €21k | €9k | €5k | €4k | €5k | ▲ 20.2% |
| Recurring financial charges65 | €7k | €7k | €5k | €4k | €5k | ▲ 20.2% |
| Non-recurring financial charges66B | €14k | €2k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €740k | €432k | €509k | €440k | €289k | ▼ 34.2% |
| Income taxes67/77 | €77k | €11k | €19k | €7k | €10k | ▲ 47.7% |
| Profit (loss) for the period9904 | €663k | €421k | €490k | €433k | €280k | ▼ 35.4% |
| Transfer from tax-exempt reserves789 | €8k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €671k | €421k | €490k | €433k | €280k | ▼ 35.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.31M | €1.23M | €1.20M | €1.74M | €1.45M | ▼ 16.5% |
| Fixed assets21/28 | €146k | €130k | €117k | €103k | €90k | ▼ 13.3% |
| Tangible fixed assets22/27 | €146k | €130k | €117k | €103k | €90k | ▼ 13.3% |
| Land and buildings22 | €113k | €106k | €99k | €92k | €85k | ▼ 7.6% |
| Plant, machinery and equipment23 | €4k | €2k | €1k | €1k | - | - |
| Furniture and vehicles24 | €29k | €22k | €17k | €10k | €5k | ▼ 55.0% |
| Current assets29/58 | €1.17M | €1.10M | €1.08M | €1.64M | €1.36M | ▼ 16.7% |
| Stocks and contracts in progress3 | €128k | €87k | €85k | €43k | €34k | ▼ 20.4% |
| Stocks30/36 | €128k | €87k | €85k | €43k | €34k | ▼ 20.4% |
| Amounts receivable within one year40/41 | €316k | €206k | €127k | €164k | €285k | ▲ 74.0% |
| Trade receivables40 | €166k | €109k | €80k | €62k | €183k | ▲ 195% |
| Other amounts receivable41 | €150k | €98k | €47k | €102k | €103k | ▲ 0.5% |
| Current investments50/53 | - | - | €700k | €700k | €701k | ▲ 0.1% |
| Cash at bank and in hand54/58 | €721k | €804k | €168k | €727k | €341k | ▼ 53.2% |
| Deferred charges and accrued income490/1 | €2k | €2k | €1k | €3k | €3k | ▲ 12.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.31M | €1.23M | €1.20M | €1.74M | €1.45M | ▼ 16.5% |
| Equity10/15 | €597k | €617k | €657k | €592k | €612k | ▲ 3.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €578k | €599k | €639k | €573k | €593k | ▲ 3.4% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €576k | €597k | €639k | €573k | €593k | ▲ 3.4% |
| Provisions and deferred taxes16 | €12k | €10k | €10k | - | - | - |
| Provisions for liabilities and charges160/5 | €12k | €10k | €10k | - | - | - |
| Environmental obligations163 | - | €10k | €10k | - | - | - |
| Other liabilities and charges164/5 | €12k | - | - | - | - | - |
| Amounts payable17/49 | €706k | €602k | €531k | €1.15M | €842k | ▼ 26.7% |
| Amounts payable after more than one year17 | €56k | €43k | €29k | €15k | - | - |
| Financial debts170/4 | €56k | €43k | €29k | €15k | - | - |
| Amounts payable within one year42/48 | €650k | €558k | €498k | €1.13M | €840k | ▼ 25.7% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €14k | €14k | €15k | ▲ 3.6% |
| Financial debts43 | - | - | €7 | €17 | - | - |
| Credit institutions430/8 | - | - | €7 | €17 | - | - |
| Trade debts44 | €68k | €89k | €15k | €591k | €546k | ▼ 7.6% |
| Suppliers440/4 | €68k | €89k | €15k | €591k | €546k | ▼ 7.6% |
| Advances received on contracts in progress46 | €30 | €30 | €240 | €80 | €80 | = |
| Taxes, remuneration and social security45 | €46k | €34k | €2k | €14k | €1k | ▼ 90.7% |
| Taxes450/3 | €45k | €33k | €2k | €14k | €1k | ▼ 90.7% |
| Remuneration and social security454/9 | €1k | €396 | - | - | - | - |
| Other amounts payable47/48 | €523k | €422k | €468k | €511k | €277k | ▼ 45.7% |
| Accrued charges and deferred income492/3 | - | €924 | €4k | €3k | €3k | ▼ 7.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €663k | €421k | €490k | €433k | €280k | ▼ 35.4% |
| + Depreciation and write-downs630 | €21k | €17k | €15k | €14k | €19k | ▲ 38.8% |
| Operating cash flow (approximation) | €684k | €438k | €505k | €447k | €299k | ▼ 33.1% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €0 | €-5k | - |
| Change in cash | - | €83k | €-636k | €559k | €-387k | ▼ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €597k ▲37.6%
4 profitable years in a row build equity to €597k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €748k ▲80.3%
Operating result €762k, net result €748k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 137 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State 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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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2005
Ground area
2,038 m²
Building footprint
301 m²
Volume, LiDAR
1,718 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
B&K
since 20052.149.730.232
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352A0178/00T000 | Flanders | 1,196 m² | 1 · 148 m² | 8.9 m · 2 fl. |
| 71011I0251/00A000 | Flanders | 841 m² | 1 · 153 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,200 EUR awarded · 1,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 1,200 EUR |
| 2023 | 1 | 1,200 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,044 companies in sector 43221 we hold annual accounts for 3,472. 2,148 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
Scores and ratios are computed by Checked and are not a credit decision.