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BAD WEELDE CONSTRUCT

Active
Private limited companyfounded 2008active for 18 yearsTurnhoutseweg 67, 2340 Beerse, BelgiumKBO/BCE: BE 0896.598.615
Summary

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 9,806 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)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Largest shareholder
GORS DEVELOP · 50%
  • HEGODirector · permanent representative Heylen Ingrid
  • Gors DevelopDirector · permanent representative Heyler Ingrid
  • THELODirector · permanent representative LOOYENS Hans
2025 accounts 42 days early2 of 5 deeds summarised
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).

Sector median 0.7% (47,640 companies, NACE 43, micro)
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 26-10-2026 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).

Credit check for your own amount and term

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

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €68,543, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €48,393 (22.0% of total assets)
NBB · annual accounts
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 2025
Net 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 9806 sector peers (2025).
NBB · sector comparison
Position among 9806 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 filings
Deviation 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 months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€68,543
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€48,393▼ 58.6%
2024 · €116,936
Total assets
€219,937▼ 5.0%
2024 · €231,561
Net result
-€68,543▼ 197%
2024 · -€23,073
Working capital
€49,396▼ 60.0%
2024 · €123,609
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €64,392 in 2025 against €17,978 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€64,392 2025 Net result-€68,543 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€20,589-€67,596▲ 228%€73,890▲ 9.3%€35,428▼ 52.1%€16,086▼ 54.6%€19,732▲ 22.7%-€17,978-€64,392▼ 258%
Net result€11,520-€58,381▲ 407%€51,259within the sector's middle half▼ 12.2%€23,648within the sector's middle half▼ 53.9%€8,428within the sector's middle half▼ 64.4%€10,555within the sector's middle half▲ 25.2%-€23,073below the sector's middle half-€68,543below the sector's middle half▼ 197%
Equity€37,738-€46,119▲ 22.2%€97,378within the sector's middle half▲ 111%€121,026within the sector's middle half▲ 24.3%€129,454within the sector's middle half▲ 7.0%€140,009within the sector's middle half▲ 8.2%€116,936below the sector's middle half▼ 16.5%€48,393below the sector's middle half▼ 58.6%
Total assets€188,726-€355,589▲ 88.4%€485,354within the sector's middle half▲ 36.5%€341,591below the sector's middle half▼ 29.6%€266,964below the sector's middle half▼ 21.8%€247,313below the sector's middle half▼ 7.4%€231,561below the sector's middle half▼ 6.4%€219,937below the sector's middle half▼ 5.0%
Debt€150,987-€309,469▲ 105%€387,976▲ 25.4%€220,564▼ 43.1%€137,510▼ 37.7%€107,304▼ 22.0%€114,625▲ 6.8%€171,544▲ 49.7%
Working capital€37,738-€46,630▲ 23.6%€101,171within the sector's middle half▲ 117%€132,564within the sector's middle half▲ 31.0%€135,795within the sector's middle half▲ 2.4%€141,276within the sector's middle half▲ 4.0%€123,609within the sector's middle half▼ 12.5%€49,396within the sector's middle half▼ 60.0%
Solvency20.0%-13.0%▼ 7.0pp20.1%below the sector's middle half▲ 7.1pp35.4%within the sector's middle half▲ 15.4pp48.5%within the sector's middle half▲ 13.1pp56.6%within the sector's middle half▲ 8.1pp50.5%within the sector's middle half▼ 6.1pp22.0%below the sector's middle half▼ 28.5pp
Current ratio1.25-1.15▼ 0.101.28within the sector's middle half▲ 0.131.68within the sector's middle half▲ 0.412.04within the sector's middle half▲ 0.352.33within the sector's middle half▲ 0.302.15within the sector's middle half▼ 0.191.29within the sector's middle half▼ 0.86
Return on assets (ROA)6.1%-16.4%▲ 10.3pp10.6%within the sector's middle half▼ 5.9pp6.9%within the sector's middle half▼ 3.6pp3.2%within the sector's middle half▼ 3.8pp4.3%within the sector's middle half▲ 1.1pp-10.0%below the sector's middle half▼ 14.2pp-31.2%below the sector's middle half▼ 21.2pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0.8below the sector's middle half1below the sector's middle half▲ 25.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €219,937
Equity €48,393 ▼ 58.6%
Debt €171,544 ▲ 49.7%
Debt's share of the balance-sheet total rises from 49.5% to 78.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
1.27▲
2024 · 1.11
Debt to equity
3.54▲
2024 · 0.98
ROE
-141.6%▼
2024 · -19.7%
Debt ≤ 1 year
€170,541▲
2024 · €107,953
Staff costs
€35,563▼
2024 · €38,906
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 89.6% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
6.0% stopped otherwise
89.6% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€231,561€219,937▼
Current assets29/58€231,561€219,937▼
Stocks and contracts in progress3€111,551€3,478▼
Stocks30/36€107,350€3,478▼
Contracts in progress37€4,200€0▼
Amounts receivable within one year40/41€110,362€206,420▲
Trade receivables40€50,439€180,092▲
Other amounts receivable41€59,923€26,328▼
Cash at bank and in hand54/58€9,649€10,039▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€231,561€219,937▼
Equity10/15€116,936€48,393▼
Contributions10/11€12,400€12,400=
Reserves13€104,536€35,993▼
Distributable reserves133€104,536€35,993▼
Amounts payable17/49€114,625€171,544▲
Amounts payable within one year42/48€107,953€170,541▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€50,000€50,000=
Credit institutions430/8€50,000€50,000=
Trade debts44€38,117€50,042▲
Suppliers440/4€38,117€50,042▲
Taxes, remuneration and social security45€19,836€42,106▲
Taxes450/3€19,203€42,106▲
Remuneration and social security454/9€633€0▼
Other amounts payable47/48€0€28,393▲
Accrued charges and deferred income492/3€6,672€1,003▼
Income statement Code20242025
Remuneration, social security and pensions62€38,906€35,563▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,817€0▼
Other operating charges640/8€975€999▲
Gross operating margin9900€24,720-€27,830▼
Operating profit (loss)9901-€17,978-€64,392▼
Financial income75/76B€342€684▲
Recurring financial income75€342€684▲
Financial charges65/66B€5,437€4,836▼
Recurring financial charges65€5,437€4,836▼
Profit (loss) for the period before taxes9903-€23,073-€68,543▼
Income taxes67/77€0-
Profit (loss) for the period9904-€23,073-€68,543▼
Profit (loss) for the period to be appropriated9905-€23,073-€68,543▼
Appropriation of the result
Profit (loss) to be appropriated9906-€23,073-€68,543▼
Transfer from equity791/2€23,073€68,543▲
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance sheet
Average headcount (FTE)90870.81.0▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0-----
Remuneration, social security and pensions62---€32,080€541-€16€38,906€35,563▼ 8.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,817€0€609€3,980€0----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€2,817€0▼ 100%
Other operating charges640/8---€1,302€1,132€1,075€975€999▲ 2.5%
Non-recurring operating charges66A----€2,060€0---
Gross operating margin9900€28,822€82,196€115,608€72,790€19,820€20,790€24,720-€27,830-
Operating profit (loss)9901€20,589€67,596€73,890€35,428€16,086€19,732-€17,978-€64,392▼ 258%
Financial income75/76B---€1,406€216€80€342€684▲ 99.9%
Recurring financial income75€0€1,255€65€1,406€216€80€342€684▲ 99.9%
Financial charges65/66B---€4,321€4,686€5,767€5,437€4,836▼ 11.1%
Recurring financial charges65€2,895€6,427€4,723€4,321€4,686€5,767€5,437€4,836▼ 11.1%
Profit (loss) for the period before taxes9903€17,695€62,424€69,232€32,513€11,616€14,044-€23,073-€68,543▼ 197%
Income taxes67/77€6,174€4,044€17,973€8,865€3,188€3,489€0--
Profit (loss) for the period9904€11,520€58,381€51,259€23,648€8,428€10,555-€23,073-€68,543▼ 197%
Profit (loss) for the period to be appropriated9905€11,520€58,381€51,259€23,648€8,428€10,555-€23,073-€68,543▼ 197%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€188,726€355,589€485,354€341,591€266,964€247,313€231,561€219,937▼ 5.0%
Fixed assets21/28--€19,290€15,310€0----
Tangible fixed assets22/27--€19,290€15,310€0----
Furniture and vehicles24---€15,310€0----
Current assets29/58€188,726€355,589€466,064€326,280€266,964€247,313€231,561€219,937▼ 5.0%
Stocks and contracts in progress3€78,567€101,614€210,688€160,177€111,976€175,168€111,551€3,478▼ 96.9%
Stocks30/36---€160,177€111,976€175,168€107,350€3,478▼ 96.8%
Contracts in progress37------€4,200€0▼ 100%
Amounts receivable within one year40/41€103,991€192,499€229,788€133,550€97,497€36,570€110,362€206,420▲ 87.0%
Trade receivables40---€28,457€13,961€5,608€50,439€180,092▲ 257%
Other amounts receivable41---€105,094€83,536€30,962€59,923€26,328▼ 56.1%
Cash at bank and in hand54/58€6,167€61,297€25,588€32,553€57,490€35,270€9,649€10,039▲ 4.0%
Deferred charges and accrued income490/1-----€305€0--
Equity and liabilities
Total equity and liabilities10/49€188,726€355,589€485,354€341,591€266,964€247,313€231,561€219,937▼ 5.0%
Equity10/15€37,738€46,119€97,378€121,026€129,454€140,009€116,936€48,393▼ 58.6%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€1,860€1,860€84,978€108,626€117,054€127,609€104,536€35,993▼ 65.6%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€106,766€115,194€127,609€104,536€35,993▼ 65.6%
Profit (loss) carried forward14€23,478€31,859€0------
Amounts payable17/49€150,987€309,469€387,976€220,564€137,510€107,304€114,625€171,544▲ 49.7%
Amounts payable after more than one year17--€13,228€8,752€4,215€0---
Financial debts170/4---€8,752€4,215€0---
Amounts payable within one year42/48€150,987€308,958€364,893€193,716€131,169€106,037€107,953€170,541▲ 58.0%
Current portion of amounts payable after more than one year42---€25,367€12,869€4,215€0--
Financial debts43---€50,000€50,000€50,000€50,000€50,000=
Credit institutions430/8---€50,000€50,000€50,000€50,000€50,000=
Trade debts44€33,982€57,928€59,600€101,230€51,181€34,702€38,117€50,042▲ 31.3%
Suppliers440/4---€101,230€51,181€34,702€38,117€50,042▲ 31.3%
Taxes, remuneration and social security45---€0--€19,836€42,106▲ 112%
Taxes450/3---€0--€19,203€42,106▲ 119%
Remuneration and social security454/9---€0--€633€0▼ 100%
Other amounts payable47/48---€17,120€17,120€17,120€0€28,393-
Accrued charges and deferred income492/3---€18,096€2,126€1,267€6,672€1,003▼ 85.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€11,520€58,381€51,259€23,648€8,428€10,555-€23,073-€68,543▼ 197%
+ Depreciation and write-downs630€5,817€0€609€3,980€0----
Operating cash flow (approximation)€17,338€58,381€51,868€27,628€8,428€10,555-€23,073-€68,543▼ 197%
Investment in fixed assets (approximation)---€0€15,310----
Change in cash-€55,130-€35,709€6,964€24,938-€22,221-€25,620€390-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 19-06-2026 2026-00175935
31-12-2024 abbreviated format 25-06-2025 2025-00173845
31-12-2023 abbreviated format 11-06-2024 2024-00131504
31-12-2022 abbreviated format 31-08-2023 2023-00387151
31-12-2021 abbreviated format 29-06-2022 2022-20105652
31-12-2020 abbreviated format 30-08-2021 2021-56100553
31-12-2019 abbreviated format 19-10-2020 2020-61800021
31-12-2018 abbreviated format 30-08-2019 2019-55600344
31-12-2017 micro format 30-08-2018 2018-53000530
31-12-2016 abbreviated format 25-08-2017 2017-47000304

Show all 18 filings

Similar companies · same sector, comparable size

Of the 10,933 active companies whose main activity is bricklaying and masonry work (NACE 43910), figures are known for 5,518. 4,710 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
3 directors, last change in 2024

Board 3

HEGO
Director (not named in the articles) · since 29-12-2023 · Private limited company · permanent representative: Heylen Ingrid
Current
Gors Develop
Director (not named in the articles) · Legal entity · permanent representative: Heyler Ingrid
Current
THELO
Director (not named in the articles) · Limited partnership · permanent representative: LOOYENS Hans
Current

Permanent representatives 3

Heylen Ingrid
Permanent representative · since 29-12-2023 · for HEGO
Current
Heyler Ingrid
Permanent representative · for Gors Develop
Current
LOOYENS Hans
Permanent representative · for THELO
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2023, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Gors Develop
  • Director (not named in the articles), until 29-12-2023
  • Director, until 09-02-2024
  • Director (not named in the articles), since before 09-02-2024
HEGO
  • Director (not named in the articles), from 29-12-2023 to date
THELO
  • Director, until 09-02-2024
  • Director (not named in the articles), since before 09-02-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

2 connected companies
Depth

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Linked via shared directors
BAD WEELDE
Shared corporate director
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Smartchim
Shared corporate director
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History

BAD WEELDE CONSTRUCT was incorporated on 20 March 2008.1 Total assets rose from €188,726 in 2018 to €219,937 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Weakest financial yearnet -€68,543
Net result drops to -€68,543, the lowest in the series.
25-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
11-06
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
24-05
Gazette deed Resignation: GORS DEVELOP BV (director)
Permanent representatives: Heyler Ingrid and Heylen Ingrid · Appointment: HEGO BV (director) · Director discharge7 facts ▸
  • General meeting, 29-12-2023
  • Director resignation, GORS DEVELOP BV (director (not named in the articles))
  • Director discharge, GORS DEVELOP BV
  • Permanent representative, Heyler Ingrid
  • Director appointment, HEGO BV (director (not named in the articles))
  • Permanent representative, Heylen Ingrid (vertegenwoordiger bestuurder rechtspersoon)
  • Other provision, “verklaring geen verzet-maatregel, niet getroffen door maatregel die zich tegen benoeming verzet” (deed in Dutch)
09-02
Gazette deed Resignations: THELO (director) and GORS DEVELOP (director)
Permanent representatives: LOOYENS Hans and HEYLEN Ingrid · Reappointments: THELO (director) and GORS DEVELOP (director) · Capital conversion15 facts ▸
  • General meeting, 22-12-2023
  • Other provision, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “onbeschikbare eigenvermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Power of attorney
  • Director resignation, THELO (director)
  • Permanent representative, LOOYENS Hans
  • Director resignation, GORS DEVELOP (director)
  • Board rule, 2
  • Director reappointment, THELO (director (not named in the articles))
  • Permanent representative, HEYLEN Ingrid
  • +3 further facts in this act
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 31 days late
2022
29-06
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial Equity above €100,000equity €121,026 ▲24.3%
A profit in every financial year since 2018 builds equity to €121,026.
30-08
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 30 days late
2020
19-10
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 80 days late
2019
31-12
Financial Highest result from 2018 to 2025net €58,381 ▲407%
Net result €58,381, the highest in the series.
Show earlier events
30-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 30 days late
2018
30-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 30 days late
2017
25-08
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 25 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
2 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded20-03-2008
Financial year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0896598615
Registered 26-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0896.598.615

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Beerse · 1 establishment unit since 2008
registered office establishment The establishment unit on the map
Ground area
3,143 m²
Building footprint
1,079 m²
Building volume
146 m³
Parcel 13004C0219/00P011, Flanders · tallest building 4.2 m. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
BAD WEELDE CONSTRUCT
Turnhoutseweg 67, 2340 BeerseConstruction of roads and motorways
since 2008unit no. 2.257.902.949
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13004C0219/00P011 Flanders 3,143 m² 1 · 1,079 m² 4.2 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Algemene bouwonderneming; Dakbedekking en bouw van dakconstructies; Aanleg van sportaccomodaties; Bouwen van funderingen; Vlechten van ijzer…” (deed in Dutch)
32 activities (deed in Dutch)
  1. Algemene bouwonderneming
  2. Dakbedekking en bouw van dakconstructies
  3. Aanleg van sportaccomodaties
  4. Bouwen van funderingen
  5. Vlechten van ijzer en aanbrengen van bekisting
  6. Uitvoeren van metselwerk
  7. Aanbrengen van chape
  8. Bouwen van schoorstenen en industriële ovens
  9. Bouwen van open haarden,stookplaatsen en sierschouwen
  10. Monteren van metalen constructiewerken
  11. Optrekken en afbreken van steigers en werkplatforms
  12. Voegwerken
  13. Isolatiewerkzaamheden
  14. Loodgieterswerk
  15. Afwerking van gebouwen
  16. Stukadoorswerk
  17. Plaatsen van vloer- en wandtegels
  18. Verhuur van machines voor de bouwnijverheid met bedieningspersoneel
  19. Draineringswerken,grondwerken en rioleringswerken
  20. Aanleggen van speelpleinen en sportvelden en parken,tuinen en aanplantingen,het plaatsen van afsluitingen
  21. Optrekken van paviljoenen en barakken,het restaureren of instandhouden en renoveren van gebouwen en monumenten
  22. Optrekken van fabrieksschouwen en andere soortgelijke werken,het bouwen van stellingen alsmede voor het invoegen en reinigen van gevels,het droogmaken van gebouwen,warmte -en geluidsisolering,het aanbrengen van gietvloeren,het zandstralen van betonnen vloeren,het plaatsen van ijzerwerk
  23. Schrijnwerk
  24. Industriële schilderwerken
  25. Plaatsen van apparatuur en toestellen voor waterbehandeling van zwembaden
  26. Leggen en reinigen van septische putten,wegeniswerken,levering van stortklaar beton,pompbeton en betonroosters
  27. Groothandel in bouwproducten en materialen
  28. Onderneming in onroerende goederen,welke onder meer omvat:de verwerving,de vervreemding,het beheer,de borgstelling,de uitbating,de valorisatie,de verkaveling,de ordening,de huur en verhuur,het doen bouwen en verbouwen,evenals alle welkdanige onroerende verhandelingen in de meest brede zin,met inbegrip van onroerende leasing.
  29. Onderneming voor het beheer van eigen beleggingen en vermogens.
  30. De participatie,onder welke vorm dan ook,in de oprichting,ontwikkeling,omvorming en controle van alle ondernemingen,Belgische of buitenlandse,commerciële,financiële,industriële of andere.
  31. De verwerving voor eigen rekening van eender welke titels of rechten door middel van participatie,inbreng,onderschrijving,koop op vaste levering of aankoopoptie,verhandeling,of op iedere wijze.
  32. De verwerving en de uitbating van brevetten en licenties.

The full purpose is in the deed

Name clauseThe name the company operates under according to its articles.
Bad Weelde Construct
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 09-02-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 09-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“In het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks met het voorwerp van de vennootschap verband houden, en/of nodig of…” (deed in Dutch)

deed of 09-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

1 more provision in the deed, see the deed of 24-05-2024
Liquidation distribution: “Hetzij door bijkomende volstorting te eisen lastens niet voldoende volgestorte aandelen,hetzij door voorafgaandelijke terugbetalingen in…” (deed in Dutch)
deed of 09-02-2024