Equity
€48,393 from €140,009 in 2023
Equity fell by 65% in 2 years.
BAD WEELDE CONSTRUCT
Lifetime
18 annual accounts with figures on one time axispeak €115,608 (2020)
-€27,830▼ €52,549
lowest -€68,543 (2025)
-€68,543▼ €45,470
peak €140,009 (2023)
€48,393▼ 58.6%
€171,544▲ 49.7%
peak 2 FTE (2009)
1 FTE▲ 25.0%
Board5 names since 2008
3 directorsHEGO and 2 others
Owners2 names in the annual accounts
Documentsfilings and deeds
19-06-202642 days before the deadline
2025abbreviated format
Gross margin from €24,720 to -€27,830Loss of €68,543Staff from 0.8 FTE to 1 FTEEquity from €116,936 to €48,393Debts from €114,625 to €171,544
Key points
from the 2025 annual accountsLosses
-€91,616 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€171,544 78% of the balance sheet
Financial debts 29%Suppliers 29%Taxes and wages 25%Other 17%
Of this, €170,541 falls due within a year.
Liquidity
1.29 was 2.15 in 2024
Short-term debts rose from €107,953 to €170,541.
Filings
18 annual accounts since 2008
Six of the last ten came late. The 2019 accounts came latest: 80 days after the end of the period.
Position in the sector
-€68,543
Lower net result than 95% of companies in specialised construction. Sector median €26,691 · 9,959 companies.
Turnover not published (abbreviated format)
Checked score
52
Fair
Financially stronger than 11% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
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
11-2026: 1.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss 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 risk
Founded in 2008
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 24% of them on solvency, 8% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as BAD WEELDE CONSTRUCT has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAD WEELDE CONSTRUCT itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,294 companies, not a prediction for BAD WEELDE 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.
Credit verdict
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 is tight, with a current ratio of 1.29 (2.15 in 2024), below the usual 1.5. Short-term debt is 77.5% and cash 4.6% of total assets. 78% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
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 compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9967 sector peers (2025).
NBB · sector comparisonPosition among 9967 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
The company filed its last 7 accounts on average 3 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)
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 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GORS DEVELOP 50%equity €837,429 (2022) · 2022 annual accounts of GORS DEVELOP
- HEGO 50%equity €1.0m (2025) · 2025 annual accounts of HEGO
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0896598615
New director
HEGO BV appointed, GORS DEVELOP BV resigned · Permanent representatives: Heyler Ingrid and Heylen Ingrid · Director discharge: GORS DEVELOP BV · General meeting of 29-12-2023 · Gazette deed
2 directors resigning, 2 reappointments
Resignations: THELO and GORS DEVELOP · Permanent representatives: LOOYENS Hans and HEYLEN Ingrid · Reappointments: THELO (director) and GORS DEVELOP (director) · General meeting of 22-12-2023 · Gazette deed
New manager
THELO COMM.V. appointed, LOOYENS Hans resigned · Permanent representatives: LOOYENS Hans and HEYLEN Ingrid · Director discharge: LOOYENS Hans (manager (not named in the articles)) · General meeting of 01-08-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAD WEELDE CONSTRUCT Beerse | €219,937 | -€27,830 | 22.0% | 1 |
| VORSSELMANS KAREL Wuustwezel | €269,019 | -€12,281 | 62.0% | - |
| ENGELEN ERWIN Diest | €211,185 | -€26,273 | 83.6% | - |
| WEGIMONT Vincent Aywaille | €158,440 | -€392 | 28.3% | - |
| BUILDING AND FINISHING CONSULTANCY Geraardsbergen | €233,386 | -€22,360 | 62.6% | - |
| KAILUX Boom | €133,969 | -€40,861 | 85.1% | - |
| RADESA Antwerp | €325,225 | -€15,135 | 10.9% | - |
These companies have the same main activity as BAD WEELDE CONSTRUCT: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €134,000 and €325,000, founded between 2008 and 2013.
Official details
Source: KBO- Status
- Active since 20-03-2008Normal situation
- Activity
- Bricklaying and masonry workNACE 43910and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2025
- Establishment unit
- 2.257.902.9492340 Beerse, since 20-03-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 26-09-2025
Annual accounts 2025
- €219,937▼ 5.0%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on BAD WEELDE CONSTRUCT
BAD WEELDE CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €81,046 in 2008 to -€27,830 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BAD WEELDE CONSTRUCT
- What is the company number of BAD WEELDE CONSTRUCT?
- The company number of BAD WEELDE CONSTRUCT is 0896.598.615. The VAT number is the same number with BE in front: BE 0896.598.615.
- Where is BAD WEELDE CONSTRUCT based?
- The registered office is at Turnhoutseweg 67, 2340 Beerse.Company details
- What does BAD WEELDE CONSTRUCT do?
- According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
- What is the legal form of BAD WEELDE CONSTRUCT?
- BAD WEELDE CONSTRUCT is a private limited company (BV).
- When was BAD WEELDE CONSTRUCT founded?
- BAD WEELDE CONSTRUCT was founded on 20-03-2008.
- Is BAD WEELDE CONSTRUCT still active?
- Yes, BAD WEELDE CONSTRUCT is an active enterprise in the KBO register.
- How many employees does BAD WEELDE CONSTRUCT have?
- BAD WEELDE CONSTRUCT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BAD WEELDE CONSTRUCT fall under?
- In its 2025 annual accounts, BAD WEELDE CONSTRUCT states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of BAD WEELDE CONSTRUCT?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is BAD WEELDE CONSTRUCT profitable?
- In financial year 2025, BAD WEELDE CONSTRUCT made a loss of €68,543.
- Where can I find the annual accounts of BAD WEELDE CONSTRUCT?
- BAD WEELDE CONSTRUCT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAD WEELDE CONSTRUCT due?
- BAD WEELDE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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