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BAGHE CONSTRUCT

Active
Private limited company (pre-2019)founded 2011active for 14 yearsRue Saint-Vincent 128, 7060 Soignies, BelgiumKBO/BCE: BE 0841.228.342
Summary

BAGHE CONSTRUCT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,546 and a net result of €8,382, of which €6,925 non-recurring income. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 75% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-11-2011 Normal situation
Activity
Other specialised construction activities NACE 43990and 2 others
Establishment unit
2.205.374.776 7060 Soignies, since 17-11-2011
Financial year end
31 July
Peppol
Reachable since 15-02-2026

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-07-2025
Turnover
€373,886
▼ 7.5%
Profit
€8,382
▼ 13.4%
Equity
€92,546
▲ 10.0%
Total assets
€132,416
▼ 15.7%
Score breakdownraises riskSize: turnover €373,886, total assets €132,416lowers riskLiquidity: current ratio 3.30, cash €49,358Founded in 2011Equity €92,546 (69.9% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 95+16
equity 69.9% of total assets
Liquidity 84+35
short-term debt 30.1% · cash 37.3%
Profitability 63=
return on assets 6.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.9%▲ +0.3 percentage points vs 01-2025highest value 03-2025: 0.3%▼ -0.6 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.4%▲ +0.1 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%▼ -0.3 percentage points vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.3 (2.12 in 2024), above the usual 1.5. Short-term debt is 30.1% and cash 37.3% of total assets. 30.1% of the assets are financed with debt and provisions.
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 76% of them on solvency, 82% on liquidity, 30% on profitability and 46% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.30, cash €49,358
NBB · annual accounts
raises risk · Size: turnover €373,886, total assets €132,416
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €92,546 (69.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 26-02-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
9 days early
2023
13 days early
2022
15 days early
2021
18 days early
2020
3 days early
2019
8 days early
← 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 10 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 financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 16 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end03-11-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €8,382, mostly one-off 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as BAGHE CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €101,000 and €157,000, founded between 2010 and 2013.

CompanyTotal assetsGross margin
BAGHE CONSTRUCT Soignies€132,416€13,825
MBR CONSTRUCT Rebecq€130,237€13,888
SIS Zoersel€111,850€12,890
VAMSS & J-OR Koekelberg€157,018€12,269
MODENATURE BARRERO Vorst€139,310€16,759
PLAISIR EXTERIEUR Dour€101,371€18,129
VRON CONSTRUCT Brussel€113,373€11,553
Full comparison

Key facts about BAGHE CONSTRUCT

What is the company number of BAGHE CONSTRUCT?
The company number of BAGHE CONSTRUCT is 0841.228.342. The VAT number is the same number with BE in front: BE 0841.228.342.
Where is BAGHE CONSTRUCT based?
The registered office is at Rue Saint-Vincent 128, 7060 Soignies.Company details
What does BAGHE CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of BAGHE CONSTRUCT?
The legal form of BAGHE CONSTRUCT is Private limited company (pre-2019) (BVBA).
When was BAGHE CONSTRUCT founded?
BAGHE CONSTRUCT was founded on 22-11-2011.
Is BAGHE CONSTRUCT still active?
Yes, BAGHE CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of BAGHE CONSTRUCT?
The turnover of BAGHE CONSTRUCT was €373,886 in financial year 2025, according to the filed annual accounts.Financials
Is BAGHE CONSTRUCT profitable?
In financial year 2025, BAGHE CONSTRUCT made a profit of €8,382.
Where can I find the annual accounts of BAGHE CONSTRUCT?
BAGHE CONSTRUCT filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAGHE CONSTRUCT due?
BAGHE CONSTRUCT must file the annual accounts for financial year 2026 by 28-02-2027.Timeline

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