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BAGGIO CONSTRUCTION

Active Private limited companyfounded 2023active for 3 yearsRue Charles Lahaye 9, 5300 AndenneKBO/BCE: BE 0800.174.873

Lifetime

2 annual accounts with figures on one time axis
peak €43,704 (2025)
€43,704▲ 167%
peak €21,347 (2025)
€21,347▲ 11×
peak €26,228 (2025)
€26,228▲ 437%
€32,249▲ 193%
Board2 names since 2023
1 director
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €16,370 to €43,704Result from €1,881 to €21,347Equity from €4,881 to €26,228Debts from €10,989 to €32,249Investments €20,500Cash from €1,585 to €7,909

Key points

from the 2025 annual accounts

Turnover

≈ €300,000 estimated

The micro format states no turnover.

Investments

€20,500 3.3 × depreciation
20242025

Green is investment, beige is depreciation.

2025 accounts filed 26 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as BAGGIO CONSTRUCTION has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

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 39,326 companies, not a prediction for BAGGIO CONSTRUCTION. 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

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Signals

Board and ownership

Director, since 30-03-2023
  • 100 sharesdeed of 03-04-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0800174873
Appointment: (responsable de la direction technique journalière) General meeting of 20-07-2023 · Gazette deed
First establishment Rue Charles Lahaye 9, Andenne
Incorporation Founding capital of €3,000, 100 shares · Founder: (comparant/fondateur) · Appointment: (director) · published on 03-04-2023 · Gazette deed
All 6 events

Comparable companies

same main activity, similar in size and age
Company
BAGGIO CONSTRUCTION Andenne €58,477 €43,704 44.9% -
G-Blondeel Eghezée €65,637 €47,909 19.7% -
LRS Company Ganshoren €59,148 €43,399 56.2% -
MEDEA COMFORT Asse €59,489 €43,940 27.4% -
FILANI Drogenbos €59,869 €40,333 71.0% -
PRO KOS Tielt-Winge €55,433 €38,530 29.5% -
S Holding Beringen €59,941 €38,790 68.2% -

These companies have the same main activity as BAGGIO CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €55,400 and €65,600, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 30-03-2023Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.347.934.2905300 Andenne, since 01-08-2023
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

€58,477▲ 268%
Filing
Filed on 26-08-2026
Financials

Insights on BAGGIO CONSTRUCTION

The 2025 annual accounts show equity of €26,228 and a net result of €21,347. Its solvency ranks better than 52% of 10,178 sector peers (NACE 41, financial year 2025).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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 BAGGIO CONSTRUCTION

What is the company number of BAGGIO CONSTRUCTION?
The company number of BAGGIO CONSTRUCTION is 0800.174.873. The VAT number is the same number with BE in front: BE 0800.174.873.
Where is BAGGIO CONSTRUCTION based?
The registered office is at Rue Charles Lahaye 9, 5300 Andenne.Company details
What does BAGGIO CONSTRUCTION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BAGGIO CONSTRUCTION?
BAGGIO CONSTRUCTION is a private limited company (BV).
When was BAGGIO CONSTRUCTION founded?
BAGGIO CONSTRUCTION was founded on 30-03-2023.
Is BAGGIO CONSTRUCTION still active?
Yes, BAGGIO CONSTRUCTION is an active enterprise in the KBO register.
How many employees does BAGGIO CONSTRUCTION have?
BAGGIO CONSTRUCTION had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of BAGGIO CONSTRUCTION?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €43,704 and 173 comparable companies (NACE 41001). It probably lies between €170,000 and €550,000.
Is BAGGIO CONSTRUCTION profitable?
In financial year 2025, BAGGIO CONSTRUCTION made a profit of €21,347.
Where can I find the annual accounts of BAGGIO CONSTRUCTION?
BAGGIO CONSTRUCTION filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAGGIO CONSTRUCTION due?
BAGGIO CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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