BAENS CONSTRUCT
ActiveSummary
BAENS CONSTRUCT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €530 and a net result of €31k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+3
Solvency25▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0%
Return on assets
1.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9234 sector peers (2025).
NBB · sector comparisonPosition among 9234 sector peers
Solvency
better than 17%
← 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 15-07-2026, 16 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
16 d early
2024
6 d early
2023
140 d late
2022
4 d early
2021
31 d late
2020
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€530
2024 · €-31k
2020: €15khighest in 6 years
2021: €5k▼ -62.9% vs 2020
2022: €-22k▼ -517% vs 2021
2023: €-41k▼ -83.7% vs 2022lowest in 6 years
2024: €-31k▲ +25.7% vs 2023
2025: €530▲ +102% vs 2024
2020 → 2025
Total assets
€1.86M▼ 1.1%
2024 · €1.88M
2020: €56klowest in 6 years
2021: €1.15M▲ +1953% vs 2020
2022: €2.39M▲ +107% vs 2021highest in 6 years
2023: €1.92M▼ -19.7% vs 2022
2024: €1.88M▼ -2.3% vs 2023
2025: €1.86M▼ -1.1% vs 2024
2020 → 2025
Net result
€31k▲ 194%
2024 · €11k
2020: €-497
2021: €-9k▼ -1738% vs 2020
2022: €-28k▼ -204% vs 2021lowest in 6 years
2023: €-19k▲ +32.5% vs 2022
2024: €11k▲ +156% vs 2023
2025: €31k▲ +194% vs 2024highest in 6 years
2020 → 2025
Working capital
€404k▲ 8.4%
2024 · €373k
2020: €12klowest in 6 years
2021: €410k▲ +3371% vs 2020highest in 6 years
2022: €384k▼ -6.2% vs 2021
2023: €367k▼ -4.4% vs 2022
2024: €373k▲ +1.5% vs 2023
2025: €404k▲ +8.4% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€-22k€-41k▼ 83.7%€-31k▲ 25.7%€530
2021: €5khighest in 5 years
2022: €-22k▼ -517% vs 2021
2023: €-41k▼ -83.7% vs 2022lowest in 5 years
2024: €-31k▲ +25.7% vs 2023
2025: €530▲ +102% vs 2024
Operating result€-5k-€-6k▼ 11.5%€32k€28k▼ 10.6%€31k▲ 10.4%
2021: €-5k
2022: €-6k▼ -11.5% vs 2021lowest in 5 years
2023: €32k▲ +649% vs 2022highest in 5 years
2024: €28k▼ -10.6% vs 2023
2025: €31k▲ +10.4% vs 2024
Net result€-9k-€-28k▼ 204%€-19k▲ 32.5%€11k€31k▲ 194%
2021: €-9k
2022: €-28k▼ -204% vs 2021lowest in 5 years
2023: €-19k▲ +32.5% vs 2022
2024: €11k▲ +156% vs 2023
2025: €31k▲ +194% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
Equity and liabilities €1.86M
Equity
€530
Debt
€1.86M
Debt finances 100.0% of the balance-sheet total.
Key figures and ratios
Current ratio
1.28▲
2024 · 1.25
Quick ratio
0.63▼
2024 · 0.66
ROA
1.7%▲
2024 · 0.6%
Debt ≤ 1 year
€1.45M▼
2024 · €1.51M
Debt > 1 year
€400k=
2024 · €400k
Equity ratios withheld: equity of €530 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.88M€1.86M▼
Current assets29/58€1.88M€1.86M▼
Stocks and contracts in progress3€881k€941k▲
Contracts in progress37€881k€941k▲
Amounts receivable within one year40/41€956k€857k▼
Trade receivables40€39k-
Other amounts receivable41€917k€857k▼
Cash at bank and in hand54/58€34k€54k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.88M€1.86M▼
Equity10/15€-31k€530▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-46k€-14k▲
Amounts payable17/49€1.91M€1.86M▼
Amounts payable after more than one year17€400k€400k=
Financial debts170/4€400k€400k=
Amounts payable within one year42/48€1.51M€1.45M▼
Trade debts44€4k€563▼
Suppliers440/4€4k€563▼
Taxes, remuneration and social security45€219k€53k▼
Taxes450/3€219k€53k▼
Other amounts payable47/48€1.28M€1.40M▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€29k€32k▲
Operating profit (loss)9901€28k€31k▲
Financial charges65/66B€18k€164▼
Recurring financial charges65€18k€164▼
Profit (loss) for the period before taxes9903€11k€31k▲
Profit (loss) for the period9904€11k€31k▲
Profit (loss) for the period to be appropriated9905€11k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-14k▲
Profit (loss) brought forward from the previous period14P€-56k€-46k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €1k | - | - | - | - |
| Other operating charges640/8 | €62 | €62 | €1k | €1k | €1k | ▲ 3.0% |
| Gross operating margin9900 | €-4k | €-5k | €33k | €29k | €32k | ▲ 10.1% |
| Operating profit (loss)9901 | €-5k | €-6k | €32k | €28k | €31k | ▲ 10.4% |
| Financial income75/76B | - | €0 | €62 | - | - | - |
| Recurring financial income75 | - | €0 | €62 | - | - | - |
| Financial charges65/66B | €4k | €22k | €50k | €18k | €164 | ▼ 99.1% |
| Recurring financial charges65 | €4k | €22k | €50k | €18k | €164 | ▼ 99.1% |
| Profit (loss) for the period before taxes9903 | €-9k | €-28k | €-19k | €11k | €31k | ▲ 194% |
| Profit (loss) for the period9904 | €-9k | €-28k | €-19k | €11k | €31k | ▲ 194% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-28k | €-19k | €11k | €31k | ▲ 194% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.15M | €2.39M | €1.92M | €1.88M | €1.86M | ▼ 1.1% |
| Formation expenses20 | €1k | - | - | - | - | - |
| Current assets29/58 | €1.15M | €2.39M | €1.92M | €1.88M | €1.86M | ▼ 1.1% |
| Stocks and contracts in progress3 | €408k | €1.20M | €880k | €881k | €941k | ▲ 6.8% |
| Contracts in progress37 | €408k | €1.20M | €880k | €881k | €941k | ▲ 6.8% |
| Amounts receivable within one year40/41 | €547k | €982k | €942k | €956k | €857k | ▼ 10.4% |
| Trade receivables40 | €513k | €937k | €762k | €39k | - | - |
| Other amounts receivable41 | €34k | €45k | €180k | €917k | €857k | ▼ 6.6% |
| Cash at bank and in hand54/58 | €187k | €201k | €91k | €34k | €54k | ▲ 59.2% |
| Deferred charges and accrued income490/1 | €10k | €9k | €8k | €7k | €6k | ▼ 15.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.15M | €2.39M | €1.92M | €1.88M | €1.86M | ▼ 1.1% |
| Equity10/15 | €5k | €-22k | €-41k | €-31k | €530 | ▲ 102% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €-10k | €-37k | €-56k | €-46k | €-14k | ▲ 68.2% |
| Amounts payable17/49 | €1.15M | €2.41M | €1.96M | €1.91M | €1.86M | ▼ 2.7% |
| Amounts payable after more than one year17 | €400k | €400k | €400k | €400k | €400k | = |
| Financial debts170/4 | €400k | €400k | €400k | €400k | €400k | = |
| Amounts payable within one year42/48 | €742k | €2.01M | €1.55M | €1.51M | €1.45M | ▼ 3.4% |
| Financial debts43 | €347k | €1.84M | €1.17M | - | - | - |
| Credit institutions430/8 | €347k | €1.84M | €1.17M | - | - | - |
| Trade debts44 | €377k | €112k | €14k | €4k | €563 | ▼ 86.6% |
| Suppliers440/4 | €377k | €112k | €14k | €4k | €563 | ▼ 86.6% |
| Taxes, remuneration and social security45 | €24 | €40k | €336k | €219k | €53k | ▼ 75.7% |
| Taxes450/3 | €24 | €40k | €336k | €219k | €53k | ▼ 75.7% |
| Other amounts payable47/48 | €19k | €19k | €34k | €1.28M | €1.40M | ▲ 9.2% |
| Accrued charges and deferred income492/3 | €5k | €7k | €8k | €3k | €3k | ▲ 6.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-28k | €-19k | €11k | €31k | ▲ 194% |
| + Depreciation and write-downs630 | €2k | €1k | - | - | - | - |
| Operating cash flow (approximation) | €-8k | €-27k | €-19k | €11k | €31k | ▲ 194% |
| Change in cash | - | €14k | €-109k | €-57k | €20k | ▲ 135% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €31k ▲194%
Net result €31k, the highest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 4 loss-making years.
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 140 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 2020
Ground area
1,651 m²
Building footprint
241 m²
Volume, LiDAR
1,757 m³
Parcel 72026B0368/00G000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAENS CONSTRUCT
since 20202.304.960.322
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026B0368/00G000 | Flanders | 1,651 m² | 1 · 241 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 38 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.