BANICA CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BANICA CONSTRUCT is 2.8% (moderate). The 2024 annual accounts show equity of €20k and a net result of €9k. Its solvency ranks better than 75% of 7445 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+30
Solvency89▲+45
Growth52
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 1.19 in 2023; short-term debt: 35.5% and cash: 49.6% of total assets), and 35.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64.5%
Return on assets
30.6%
Age of the figures
22 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 30-06-2025, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, abbreviated schema
Turnover
€645k
EBIT margin
2.1%
Net result
€9k▼ 5.3%
2023 · €10k
Working capital
€18k▲ 114%
2023 · €9k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Turnover€645k-
Operating result€13k-€13k▼ 3.6%
Net result€10k-€9k▼ 5.3%
EBIT margin2.1%-
Equity€10k-€20k▲ 90.1%
Total assets€56k-€31k▼ 45.2%
Debt€46k-€11k▼ 76.1%
Working capital€9k-€18k▲ 114%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€1k ▼ 25.4%
Current assets
€29k ▼ 45.9%
Equity and liabilities €31k
Equity
€20k ▲ 90.1%
Debt
€11k ▼ 76.1%
Debt's share of the balance-sheet total falls from 81.4% to 35.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2023 · €14k
Cash flow
€10k▼
2023 · €10k
Current ratio
2.69▲
2023 · 1.19
Debt to equity
0.55▼
2023 · 4.38
ROE
47.4%▼
2023 · 95.2%
ROA
30.6%▲
2023 · 17.7%
Debt ≤ 1 year
€11k▼
2023 · €46k
Income taxes
€3k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €645k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €630k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €486 | €459 | ▼ 5.4% |
| Other operating charges640/8 | €824 | €692 | ▼ 16.1% |
| Gross operating margin9900 | €15k | €14k | ▼ 4.3% |
| Operating profit (loss)9901 | €13k | €13k | ▼ 3.6% |
| Financial charges65/66B | €720 | - | - |
| Recurring financial charges65 | €720 | - | - |
| Profit (loss) for the period before taxes9903 | €13k | €13k | ▲ 1.9% |
| Income taxes67/77 | €3k | €3k | ▲ 29.1% |
| Profit (loss) for the period9904 | €10k | €9k | ▼ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €10k | €9k | ▼ 5.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €56k | €31k | ▼ 45.2% |
| Fixed assets21/28 | €2k | €1k | ▼ 25.4% |
| Tangible fixed assets22/27 | €2k | €1k | ▼ 25.4% |
| Plant, machinery and equipment23 | €2k | €1k | ▼ 25.4% |
| Current assets29/58 | €54k | €29k | ▼ 45.9% |
| Amounts receivable within one year40/41 | €8k | €14k | ▲ 84.4% |
| Trade receivables40 | €4k | €12k | ▲ 231% |
| Other amounts receivable41 | €4k | €2k | ▼ 45.8% |
| Cash at bank and in hand54/58 | €47k | €15k | ▼ 67.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €56k | €31k | ▼ 45.2% |
| Equity10/15 | €10k | €20k | ▲ 90.1% |
| Contributions10/11 | €500 | €500 | = |
| Profit (loss) carried forward14 | €10k | €19k | ▲ 94.7% |
| Amounts payable17/49 | €46k | €11k | ▼ 76.1% |
| Amounts payable within one year42/48 | €46k | €11k | ▼ 76.1% |
| Trade debts44 | €39k | €5k | ▼ 88.4% |
| Suppliers440/4 | €21k | €4k | ▼ 80.5% |
| Bills of exchange payable441 | €18k | €421 | ▼ 97.7% |
| Taxes, remuneration and social security45 | €7k | €6k | ▼ 4.7% |
| Taxes450/3 | €3k | €5k | ▲ 51.9% |
| Remuneration and social security454/9 | €4k | €2k | ▼ 53.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €9k | ▼ 5.3% |
| + Depreciation and write-downs630 | €486 | €459 | ▼ 5.4% |
| Operating cash flow (approximation) | €10k | €10k | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-31k | - |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-11
Financial
Liquidity doublescurrent ratio 2.69
Current ratio from 1.19 to 2.69; short-term debt falls from €46k to €11k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Beersel · 1 establishment unit since 2022
Ground area
426 m²
Building footprint
117 m²
Volume, LiDAR
1,378 m³
Parcel 23017D0257/00S000, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BANICA CONSTRUCT
since 20222.328.025.635
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017D0257/00S000 | Flanders | 426 m² | 1 · 117 m² | 15.2 m · 4 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 15,521 companies in sector 43990 we hold annual accounts for 7,416. 5,191 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
Founded14-02-2022
Fiscal year end30-11
Activities, NACEBEL 2025
43990Other specialised construction activities
43341Painting of buildings
43422Screed work
Contact
E-mail
banicaconstruction@gmail.com
E-mail
danpetcu13@gmail.com
Phone
0465888850
Phone
0492 35 33 13
Scores and ratios are computed by Checked and are not a credit decision.