B.L. CONSTRUCT
ActiveSummary
B.L. CONSTRUCT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,580 and a net result of €11,556. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 82% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-04-2008 Normal situation
- Activity
- Plastering work NACE 43310and 5 others
- Establishment unit
- 2.170.321.352 1853 Grimbergen, since 10-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €35,632
- ▼ 3.0%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €11,556
- ▼ 32.8%
- Equity
- €89,580
- ▲ 14.8%
- Total assets
- €117,361
- ▲ 10.4%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.45, cash €72,998Equity €89,580 (76.3% of total assets)Founded in 2008Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 90% of them on solvency, 91% on liquidity, 61% on profitability and 62% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 6 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.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 18 filings
Amounts without an identifiable currency are taken as euros.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 8% lower than in 2024. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €59,126 | €32,913 | €1,740 | €945 |
| Depreciation and write-downs of the year | €374 | €5,605 | €12,951 | €18,597 | €18,898 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11,061 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,104 | €1,149 | €1,149 | €374 | €5,605 | €12,951 | €18,597 | €18,898 | ▲ 1.6% |
| Other operating charges640/8 | - | - | - | €941 | €920 | €854 | €854 | €880 | ▲ 3.0% |
| Gross operating margin9900 | €13,086 | €2,457 | €14,064 | €3,157 | €9,626 | €32,978 | €36,749 | €35,632 | ▼ 3.0% |
| Operating profit (loss)9901 | €2,751 | €586 | €11,979 | €1,842 | €3,101 | €19,173 | €17,297 | €15,853 | ▼ 8.3% |
| Financial income75/76B | - | - | - | €1,650 | €8,654 | €605 | €6,066 | - | - |
| Recurring financial income75 | €600 | €651 | €1,350 | €1,650 | €1,276 | €605 | €15 | - | - |
| Non-recurring financial income76B | - | - | - | - | €7,378 | €605 | €6,052 | - | - |
| Financial charges65/66B | - | - | - | €43 | €376 | €921 | €722 | €537 | ▼ 25.7% |
| Recurring financial charges65 | €73 | €38 | €353 | €43 | €376 | €921 | €722 | €537 | ▼ 25.7% |
| Profit (loss) for the period before taxes9903 | €3,277 | €1,199 | €19,127 | €3,449 | €11,379 | €18,856 | €22,642 | €15,317 | ▼ 32.4% |
| Income taxes67/77 | €793 | €298 | €3,165 | €1,209 | €2,756 | €4,605 | €5,441 | €3,760 | ▼ 30.9% |
| Profit (loss) for the period9904 | €2,484 | €901 | €15,961 | €2,240 | €8,624 | €14,251 | €17,201 | €11,556 | ▼ 32.8% |
| Profit (loss) for the period to be appropriated9905 | €2,484 | €901 | €15,961 | €2,240 | €8,624 | €14,251 | €17,201 | €11,556 | ▼ 32.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €27,075 | €24,641 | €43,572 | €48,365 | €88,361 | €95,153 | €106,301 | €117,361 | ▲ 10.4% |
| Fixed assets21/28 | €2,723 | €1,574 | €424 | €50 | €53,571 | €73,533 | €56,676 | €38,722 | ▼ 31.7% |
| Tangible fixed assets22/27 | €2,673 | €1,524 | €374 | - | €53,521 | €73,483 | €56,626 | €38,672 | ▼ 31.7% |
| Plant, machinery and equipment23 | - | - | - | - | - | €1,392 | €1,044 | €696 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | - | - | €53,521 | €72,091 | €55,582 | €37,976 | ▼ 31.7% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €24,351 | €23,067 | €43,148 | €48,315 | €34,789 | €21,620 | €49,625 | €78,638 | ▲ 58.5% |
| Stocks and contracts in progress3 | - | €5,000 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €14,161 | €14,291 | €37,547 | €34,170 | €22,988 | €787 | €4,930 | €1,995 | ▼ 59.5% |
| Trade receivables40 | - | - | - | €3,695 | €3,695 | €695 | €695 | €695 | = |
| Other amounts receivable41 | - | - | - | €30,475 | €19,293 | €92 | €4,235 | €1,300 | ▼ 69.3% |
| Cash at bank and in hand54/58 | €8,526 | €1,863 | €2,895 | €11,388 | €9,029 | €16,979 | €41,215 | €72,998 | ▲ 77.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,756 | €2,773 | €3,854 | €3,480 | €3,645 | ▲ 4.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €27,075 | €24,641 | €43,572 | €48,365 | €88,361 | €95,153 | €106,301 | €117,361 | ▲ 10.4% |
| Equity10/15 | €18,847 | €19,747 | €35,709 | €37,948 | €46,572 | €60,823 | €78,024 | €89,580 | ▲ 14.8% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €10,787 | €11,687 | €27,649 | €29,888 | €38,512 | €52,763 | €69,964 | €81,520 | ▲ 16.5% |
| Amounts payable17/49 | €8,228 | €4,894 | €7,864 | €10,416 | €41,789 | €34,330 | €28,277 | €27,781 | ▼ 1.8% |
| Amounts payable after more than one year17 | - | - | - | - | €26,165 | €19,307 | €12,244 | €4,970 | ▼ 59.4% |
| Financial debts170/4 | - | - | - | - | €26,165 | €19,307 | €12,244 | €4,970 | ▼ 59.4% |
| Amounts payable within one year42/48 | €8,228 | €4,894 | €7,864 | €9,516 | €15,624 | €15,023 | €16,033 | €22,810 | ▲ 42.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €6,659 | €6,858 | €7,063 | €7,274 | ▲ 3.0% |
| Trade debts44 | €2,189 | €1,595 | €1,400 | €5,307 | €3,209 | €3,537 | €1,328 | €4,071 | ▲ 207% |
| Suppliers440/4 | - | - | - | €5,307 | €3,209 | €3,537 | €1,328 | €4,071 | ▲ 207% |
| Advances received on contracts in progress46 | - | - | - | €3,000 | €3,000 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,209 | €2,756 | €4,605 | €5,441 | €9,201 | ▲ 69.1% |
| Taxes450/3 | - | - | - | €1,209 | €2,756 | €4,605 | €5,441 | €9,201 | ▲ 69.1% |
| Other amounts payable47/48 | - | - | - | - | - | €23 | €2,201 | €2,264 | ▲ 2.9% |
| Accrued charges and deferred income492/3 | - | - | - | €900 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,484 | €901 | €15,961 | €2,240 | €8,624 | €14,251 | €17,201 | €11,556 | ▼ 32.8% |
| + Depreciation and write-downs630 | €9,104 | €1,149 | €1,149 | €374 | €5,605 | €12,951 | €18,597 | €18,898 | ▲ 1.6% |
| Operating cash flow (approximation) | €11,588 | €2,050 | €17,111 | €2,614 | €14,229 | €27,203 | €35,798 | €30,454 | ▼ 14.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€59,126 | -€32,913 | -€1,740 | -€945 | ▲ 45.7% |
| Change in cash | - | -€6,664 | €1,032 | €8,493 | -€2,360 | €7,950 | €24,237 | €31,783 | ▲ 31.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as B.L. CONSTRUCT has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of B.L. CONSTRUCT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 34,693 companies, not a prediction for B.L. 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00379345 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00441187 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00404680 | |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00127352 | |
| 31-12-2021 | micro format | 09-06-2022 | 2022-20055111 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-42700321 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35200002 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41800107 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-43100325 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-49000156 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-12-2023 Capital stated in the deed · 200 shares
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| Leszek BUNIA |
|
| Barbara BUNIA |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering die benoemt, een of meer bestuurders”
Articles of association, deed of 19-12-2023 (in Dutch)
Network & group
B.L. CONSTRUCT shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of B.L. CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-12
Gazette deed
Appointments: Leszek BUNIA (director) and Barbara BUNIA (director)Capital conversion · Reserve release · Amendment of the articles11 points ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen en rechtsvorm van besloten vennootschap (BV) behoud…” (deed in Dutch)
- Capital conversion, “van rechtswege, omzetting van rechtswege” (deed in Dutch)
- Reserve release, “overeenkomstig vormen en meerderheden van statutenwijziging, statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkeri…” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “einde functie huidige bestuurder (gewezen zaakvoerder), Wetboek van vennootschappen” (deed in Dutch)
- Board rule, 2
- Director appointment, Leszek BUNIA (director)
- Director appointment, Barbara BUNIA (director)
- Registered office clause, “1853 Grimbergen,Sint-Amandsstraat 156” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
44 activities
- Alle vastgoedverrichtingen, met inbegrip van de aankoop en verkoop, de ruil, de verhuring en onderverhuring, de afwerking, de uitbating van vastgoedkantoren, de verkaveling en aanleg van parken of Industriezones, voor kleine Industrie of woningen
- Alle bouw-, voltooings, installatie, verbeterings, onderhouds, bewakings, of ontagewerken die betrekking hebben op
- Alle bouwwerken in het algemeen, van metselwerk, beton of gecombineerde en prefabmaterialen
- De plaatsing van deuren, plinten, ramen rolluiken, tussenwanden en verlaagde plafonds, glaswerken, schilder — en behangwerken, loodgieters — en elektriciteitswerken, waarbij deze opsomming niet volledig is
- De verkoop en plaatsing van ingerichte keukens, wandkasten en meubels; elektriciteit of elektronica, hoog-of laagspanning, regeling, telefonie en telegrafie
- Slotenmakerij, brandkasten en het openen van deuren en brandkasten
- Loodgieterij en zinkwaren daklijsten, sanitaire installaties, dakbedekking (roofing, leien, dakpannen, koper, zink, pvc)
- Alle rioleringswerken
- De plaatsing van tegels, glas, spiegels en andere doorschijnende of transparante materialen
- Centrale verwarming: gas, stookolie, kolen, elektriciteit of een andere energie of brandstof, of een ander product of vervangproduct, airconditioning
- Klimaatregeling
- Temperatuurregeling
- Onderhoud en reparatie van alle soorten branders
- Elektrische huishoudapparaten
- Televisie
- Versiering
- Warmte- en geluidsisolatie
- Slopen van messen en scharen
- Alarm- en antidiefstalsystemen
- Lucht- en waterverversing
- Verhuring van materieel
- Schrijn- en timmerwerk
- Algemene mechanica
- Siersmeedwerk voor constructies en meubilair
- Gevelreiniging
- Reiniging en onderhoud van gebouwen
- Smeed- en laswerken
- Antennes
- Do it yourself
- Bewaking van gebouwen
- Brandveiligheid
- Alle dakwerken
- Koelinstallaties
- Sleepdienst
- Alsook de organisatie en het beheer van studiebureaus in al deze bedrijfstakken, en de uitbating van garages
- Plaatsing van vloer-en wandtegels
- Onderneming voor het aanbrengen van chape
- Het optrekken van de ruwbouw van individuele huizen, appartementsgebouwen, kantoorgebouwen, stapelplaatsen, scholen
- Het uitvoeren van metselwerk
- Het plaatsen van behang
- Het schilderen van het binnen-on buitenwerk van gebouwen
- Het grondverzet, graven, ophogen, egaliseren en nivelleren van bouwterreinen
- De vennootschap kan als activiteit ook de algemene aanneming van bouwwerken hebben, waarbij alle gereglementeerde activiteiten worden uitgevoerd door geregistreerde onderaannemers. De vennootschap houdt zich dan uitsluitend met de coördinatie van de werken
- De vennootschap richt zich eveneens op de invoer en uitvoer van handelsbemiddeling en klein- en groothandel van lambrisering, parket, ramen, vensters, deuren, trappen, en allerlei bouwmaterialen
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0897.153.988
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23084A0370/00K003 | Flanders | 244 m² | 1 · 85 m² | 12.2 m · 3 |