Financials
- Financial year
- 2025
- Total assets
- €219,937
- Loss
- -€68,543
- Solvency
- 22.0%
Total assets▼ 5.0%
Net result
20182025
BAD WEELDE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BAD WEELDE CONSTRUCT is 1.7% (moderate). The annual accounts of BAD WEELDE CONSTRUCT for financial year 2025 show a net loss of 59% of the equity at the start of that year. The 2025 annual accounts show equity of €48,393 and a net result of -€68,543. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 23% of 9,760 sector peers (NACE 43, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Bricklaying and masonry work
NACE 43910
1 site
Size
€219,937total assets 2025
- Staff
- 1 FTE
- Equity
- €48,393
- Loss
- -€68,543
Turnover not published (abbreviated format)
Structure
- Largest shareholder
- GORS DEVELOP · 50%
- HEGODirector · permanent representative Heylen Ingrid
- Gors DevelopDirector · permanent representative Heyler Ingrid
- THELODirector · permanent representative LOOYENS Hans
Accounts 42 days early2 of 5 deeds read
Why 52raises riskLoss of €68,543, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)Equity €48,393 (22.0% of total assets)lowers riskFounded in 2008Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 11% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency
47-28
equity 22.0% of total assets
Liquidity
13-19
short-term debt 77.5% · cash 4.6%
Profitability
0-13
return on assets -31.2%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.5%▲ +1.3 percentage points vs 06-2025
08-2025: 1.5%● unchanged vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.1%▼ -0.4 percentage points vs 06-2026
08-2026: 1.5%▲ +0.4 percentage points vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.7%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.29, compared with 2.15 in 2024, below the usual 1.5; short-term debt: 77.5% and cash: 4.6% of total assets), and 78% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 24% on solvency, 8% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€68,543
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9760 sector peers (2025).
NBB · sector comparisonPosition among 9760 sector peers
Solvency
better than 23%
← weakest
strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 days early
2024
36 days early
2023
50 days early
2022
31 days late
2021
32 days early
2020
30 days late
2019
80 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€68,543
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 3 members
- Largest shareholder
- GORS DEVELOP · 50%
- HEGODirector
- Gors DevelopDirector
- THELODirector
Network & group
- Connected companies
- 2
Timeline
- Events
- 23
- Since
- 2009
- Next accounts
- by 31-07-2027
- 11-06-2024Annual accounts filed
- 24-05-2024Resignation: GORS DEVELOP BV (director)
- 09-02-2024Resignations: THELO (director) and GORS DEVELOP (director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Bricklaying and masonry workNACE 43910
- Founded
- 20-03-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 9
- Who signs
- Each director alone
- Purpose
- “Algemene bouwonderneming; Dakbedekking en bouw van dakconstructies; Aanleg van…” (deed in Dutch)
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