B & S CONSTRUCT
ActiveSummary
B & S CONSTRUCT has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €521,910 and a net result of €18,227. Equity has been stable since 2019 (±1% per year). Its solvency ranks better than 85% of 341 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-09-2005 Normal situation
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.149.008.472 8670 Koksijde, since 22-09-2005
- Financial year end
- 31 March
- Peppol
- Reachable
Board and ownership
- Deback StefaanDirector
- Petillion Bruno Johan Valere CorneliusDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €163,501
- Turnover
- ≈ €350,000
- estimated
- Profit
- €18,227
- Equity
- €521,910
- ▲ 3.6%
- Total assets
- €621,985
- ▲ 0.8%
Score breakdownlowers riskLiquidity: current ratio 4.14, cash €126,963, halvedEquity €521,910 (83.9% of total assets)Size: total assets €621,985Figures for financial year 2026 (filed on 31-10-2026)Show 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 68, micro). It does better than 91% of them on solvency, 81% on liquidity, 39% on profitability and 56% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 29-10-2026 at the NBB all 20 filings
Every figure per financial year
The operating result for 2026 is a profit of €47,971, after a loss of €58,265 in 2025.
The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €25,000 | €25,000 | - | - |
| Mortgage mandates | - | €730,000 | €730,000 | - | - |
| Carrying value of the mortgaged assets | - | €342,098 | €1.1m | - | - |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | - | €202,662 | €0 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €923 | - | €868 | €868 | €496 | €596 | €609 | ▲ 2.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €2,000 | €9,190 | €114,922 | ▲ 13× |
| Gross operating margin9900 | €116,388 | €62,643 | €148,047 | €93,731 | €111,685 | €94,868 | -€48,479 | €163,501 | - |
| Operating profit (loss)9901 | €113,995 | €61,720 | €145,534 | €92,863 | €110,817 | €92,372 | -€58,265 | €47,971 | - |
| Financial income75/76B | - | €14,822 | - | €6 | €0 | €7,021 | €7 | €13,501 | ▲ 1,827× |
| Recurring financial income75 | €21,435 | €14,822 | €221 | €6 | €0 | €7,021 | €7 | €13,501 | ▲ 1,827× |
| Financial charges65/66B | - | €19,835 | - | €18,067 | €10,413 | €17,991 | €2,915 | €43,244 | ▲ 15× |
| Recurring financial charges65 | €39,374 | €19,835 | €18,475 | €18,067 | €10,413 | €17,991 | €2,915 | €43,244 | ▲ 15× |
| Profit (loss) for the period before taxes9903 | €96,056 | €56,707 | €127,280 | €74,802 | €100,405 | €81,401 | -€61,172 | €18,227 | - |
| Income taxes67/77 | €35,104 | €27,264 | €46,216 | €23,853 | €31,972 | €27,149 | €0 | - | - |
| Profit (loss) for the period9904 | €60,952 | €29,443 | €81,064 | €50,949 | €68,432 | €54,252 | -€61,172 | €18,227 | - |
| Transfer from tax-exempt reserves789 | - | €77,500 | - | - | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €60,952 | €106,943 | €143,064 | €50,949 | €68,432 | €54,252 | -€61,172 | €18,227 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.2m | €0.9m | €0.8m | €0.7m | €0.7m | €1.4m | €0.6m | €0.6m | ▲ 0.8% |
| Fixed assets21/28 | €0.006m | €0.006m | €0.006m | €0.006m | €0.005m | €0.005m | €0.2m | €0.2m | = |
| Financial fixed assets28 | €0.006m | €0.006m | €0.006m | €0.006m | €0.005m | €0.005m | €0.2m | €0.2m | = |
| Current assets29/58 | €2.2m | €0.9m | €0.8m | €0.7m | €0.7m | €1.4m | €0.4m | €0.4m | ▲ 1.3% |
| Stocks and contracts in progress3 | €0.7m | €0.5m | €0.2m | €0.08m | €0.2m | €1.1m | €0.07m | €0.3m | ▲ 319% |
| Stocks30/36 | - | €0.5m | - | €0.08m | €0 | - | - | - | - |
| Contracts in progress37 | - | - | - | - | €0.2m | €1.1m | €0.07m | €0.3m | ▲ 319% |
| Amounts receivable within one year40/41 | €0.05m | €0.02m | €0.07m | €0.07m | €0.03m | €0.03m | €0.02m | €0.003m | ▼ 82.8% |
| Trade receivables40 | - | €0.001m | - | €0.07m | €0.01m | €0.006m | €0.002m | €0.002m | ▼ 8.6% |
| Other amounts receivable41 | - | €0.02m | - | €0.002m | €0.02m | €0.03m | €0.02m | €0.002m | ▼ 91.0% |
| Cash at bank and in hand54/58 | €0.6m | €0.3m | €0.5m | €0.5m | €0.4m | €0.2m | €0.3m | €0.1m | ▼ 55.0% |
| Deferred charges and accrued income490/1 | - | €0.05m | - | €0.02m | €0.02m | €0.03m | €0.04m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.2m | €0.9m | €0.8m | €0.7m | €0.7m | €1.4m | €0.6m | €0.6m | ▲ 0.8% |
| Equity10/15 | €0.6m | - | €0.5m | €0.4m | €0.5m | €0.6m | €0.5m | €0.5m | ▲ 3.6% |
| Contributions10/11 | €0.03m | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.6m | €0.6m | €0.5m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | €0.003m | - | €0.003m | €0.003m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €0.003m | - | - | - | - | - | - | - |
| Own shares acquired1312 | - | - | - | €0.003m | €0.003m | €0 | - | - | - |
| Tax-exempt reserves132 | - | €0.06m | - | - | - | - | - | - | - |
| Distributable reserves133 | - | €0.5m | - | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | -€0.02m | €0.002m | - |
| Amounts payable17/49 | €1.6m | €0.3m | €0.3m | €0.3m | €0.2m | €0.8m | €0.1m | €0.1m | ▼ 11.6% |
| Amounts payable within one year42/48 | €1.6m | €0.3m | €0.3m | €0.2m | €0.2m | €0.8m | €0.1m | €0.1m | ▼ 1.0% |
| Financial debts43 | - | €0.1m | - | - | €0.2m | €0.8m | €0 | - | - |
| Credit institutions430/8 | - | €0.1m | - | - | €0.2m | €0.8m | €0 | - | - |
| Trade debts44 | €0.1m | €0.001m | - | - | €0.002m | €474 | €0.001m | €55 | ▼ 94.7% |
| Suppliers440/4 | - | €0.001m | - | - | €0.002m | €474 | €0.001m | €55 | ▼ 94.7% |
| Advances received on contracts in progress46 | - | €0.1m | - | €0.1m | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €0.01m | - | €0.005m | €0.007m | €0.03m | €0 | - | - |
| Taxes450/3 | - | €0.01m | - | €0.005m | €0.007m | €0.03m | €0 | - | - |
| Other amounts payable47/48 | - | €0.02m | - | €0.1m | €0 | - | €0.1m | €0.1m | = |
| Accrued charges and deferred income492/3 | - | €0.008m | - | €0.007m | €0.01m | €0.01m | €0.01m | €19 | ▼ 99.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,952 | €29,443 | €81,064 | €50,949 | €68,432 | €54,252 | -€61,172 | €18,227 | - |
| Operating cash flow (approximation) | €60,952 | €29,443 | €81,064 | €50,949 | €68,432 | €54,252 | -€61,172 | €18,227 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €500 | €0 | -€202,662 | €0 | - |
| Change in cash | - | -€280,287 | €215,247 | €40,917 | -€123,757 | -€229,118 | €108,680 | -€155,327 | - |
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, 14,766 companies had the same profile as B & S CONSTRUCT has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B & S 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 14,766 companies, not a prediction for B & S 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 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 29-10-2026 | 2026-00597457 | |
| 31-03-2025 | full format | 30-09-2025 | 2025-00523489 | |
| 31-03-2024 | micro format | 24-10-2024 | 2024-00513542 | |
| 31-03-2023 | micro format | 26-10-2023 | 2023-00494943 | |
| 31-03-2022 | full format | 28-10-2022 | 2022-20476564 | |
| 31-03-2021 | full format | 28-10-2021 | 2021-74000063 | |
| 31-03-2020 | full format | 18-11-2020 | 2020-71200284 | |
| 31-03-2019 | full format | 21-10-2019 | 2019-71000216 | |
| 31-03-2018 | full format | 12-10-2018 | 2018-69200413 | |
| 31-03-2017 | full format | 18-09-2017 | 2017-61200453 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 22-03-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Deback Stefaan |
|
| Petillion Bruno Johan Valere Cornelius |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Organe d'administration, peuvent porter un numéro d'ordre”
Articles of association, deed of 22-03-2023 (in French)
Network & group
B & S CONSTRUCT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of B & S CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-03
Gazette deed
Changes of role: Deback Stefaan (administrateur non statutaire) and Petillion Bruno Johan Valere Cornelius (administrateur non statutaire)Capital conversion · Reserve release · Amendment of the articles13 points ▸
- General meeting, 14-03-2023
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “disponible pour distribution” (deed in French)
- Amendment of the articles, mentioned 3 times in the deed
- Other provision, “vote, adoptée à l'unanimité” (deed in French)
- Director resignation, Deback Stefaan (manager)
- Director resignation, Petillion Bruno Johan Valere Cornelius (manager)
- Director appointment, Deback Stefaan (administrateur non statutaire)
- Director appointment, Petillion Bruno Johan Valere Cornelius (administrateur non statutaire)
- Other provision, “décharge aux gérants démissionnaires, prochaine assemblée générale annuelle” (deed in French)
- Power of attorney, Deback Stefaan
- Power of attorney, Petillion Bruno Johan Valere Cornelius
- The act holds 1 more point.
Show earlier events
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
Codes under NACEBEL 2003
17 activities
- De donner des conseils financiers dans les placements en valeurs mobilières,et ce au sens large du terme.
- D'accomplir,à la fois pour son compte et pour le compte de tiers ou en participation avec des tiers,elle-même ou par l'intermédiaire de toute autre personne physique ou morale,toutes les opérations qui se rapportent directement ou indirectement à toute activité,quelle qu'elle soit,et courtage relatif à des biens immobiliers,bâtis ou non bâtis,ainsi que tous les actes,quels qu'ils soient,en matière de droits immobiliers,le tout à la fois dans son propre intérêt et pour son propre compte et à des fins d'aliénation,en particulier:
- L'achat,la vente,l'échange,la démolition,la location,la mise en location d'appartements,meublés ou non,d'habitations,d'espaces de bureaux,d'équipements,de matériel,de mobilier de bureau et de biens immeubles,d'une manière générale
- Les expertises,la gestion,la valorisation et la construction ou la rénovation de biens immeubles de toute nature ainsi que la coordination de la direction de tels travaux,la conception,l'élaboration et la réalisation de tous études,projets et plans
- L'intervention en tant qu'agent chargé de la location et/ou de la vente
- La construction,le parachèvement,la transformation,la rénovation,la réparation,la décoration,l'aménagement,la démolition de tous bâtiments ou constructions,quels qu'ils soient,l'acceptation,l'exécution ou la mise à exécution de toutes entreprises de travaux,à la fois privées et publiques
- L'exploitation d'une agence immobilière et d'un bureau de logement,y compris les interventions dans les contrats de prêt,le financement et toute l'administration et la gestion y afférentes
- Le lotissement de terrains,de bois et de domaines,le boisement ou le déboisement,la mise en garantie de biens immobiliers de la société,même en garantie de prêts ou d'ouvertures de crédit consentis à des tiers
- L'administration,la gestion,l'entretien et la valorisation d'un patrimoine immobilier,la location-financement de biens immobiliers à des tiers ainsi que tous les actes de nature à favoriser le rendement des biens immobiliers tels que l'entretien,le développement,l'embellissement et la location de ces biens ainsi que le cautionnement pour le bon déroulement des engagements contractés par des tiers qui auraient la jouissance de ces biens immobiliers
- D'exécuter toutes les opérations immobilières ou les actes en rapport avec celles-ci,notamment:l'achat,la vente,le courtage,l'échange,la démolition,la mise en location,l'expertise,la gestion,la valorisation,la construction,la transformation ou la rénovation de biens immeubles de toute nature,à la fois des terrains et des bâtiments publics et privés,dont aussi des appartements et logements sociaux,à la fois en région rurale ou en agglomération et ce par voie de lotissement de nouvelle construction,reconstruction ou transformation,dans tous les matériaux,pour toutes les destinations et avec toutes les techniques
- Par ailleurs,la société pourra accomplir toutes les opérations financières possibles afin de faciliter les opérations relevant de son objet,même en faveur ou pour le compte de tiers-mandants
- D'accepter tous les mandats de gestion,l'exercice de mandats et fonctions qui sont en rapport direct ou indirect avec l'objet
- La société peut accomplir tous les actes commerciaux,financiers,industriels,mobiliers et immobiliers qui sont en rapport direct ou indirect avec cet objet ou qui peuvent en promouvoir ou en faciliter l'expansion
- Elle pourra poursuivre son objet partout en Belgique et à l'étranger,de toutes les manières et selon les modalités qu'elle estime lui convenir le mieux
- Elle peut,par voie d'apport,de fusion,de souscription ou de toute autre manière,prendre des intérêts dans toutes les entreprises,associations ou sociétés dont l'objet est en tout ou en partie similaire,équivalent ou connexe avec son objet ou simplement utile à sa réalisation
- La société peut également exercer des fonctions d'administrateur ou de liquidateur d'autres sociétés
- Elle peut aussi se porter caution pour des tiers
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 0875.975.920
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 38014E0184/00C000 | Flanders | 364 m² | 1 · 213 m² | 23.5 m · 6 |