BART BOTTERMAN CONSTRUCT
ActiveSummary
BART BOTTERMAN CONSTRUCT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €983 and a net result of €297. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+41
Solvency28▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 28281 sector peers (2025).
NBB · sector comparisonPosition among 28281 sector peers
Solvency
better than 10%
← 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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
24 d early
2023
15 d early
2022
28 d early
2021
25 d late
2020
26 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€983▲ 43.3%
2024 · €686
Total assets
€36,528▼ 32.1%
2024 · €53,788
Net result
€297
2024 · -€8,013
Working capital
-€9,062▲ 24.4%
2024 · -€11,984
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,255▼ 52.7%-€3,093-€1,319▲ 57.4%-€5,055▼ 283%€3,010
Net result€4,205within the sector's middle half▼ 67.1%-€4,221below the sector's middle half-€3,732below the sector's middle half▲ 11.6%-€8,013below the sector's middle half▼ 115%€297within the sector's middle half
Equity€16,652below the sector's middle half▲ 33.8%€12,430below the sector's middle half▼ 25.3%€8,699below the sector's middle half▼ 30.0%€686below the sector's middle half▼ 92.1%€983below the sector's middle half▲ 43.3%
Total assets€37,187below the sector's middle half▲ 76.6%€30,934below the sector's middle half▼ 16.8%€62,146below the sector's middle half▲ 101%€53,788below the sector's middle half▼ 13.4%€36,528below the sector's middle half▼ 32.1%
Debt€20,536▲ 138%€18,503▼ 9.9%€53,447▲ 189%€53,102▼ 0.6%€35,545▼ 33.1%
Working capital-€1,094below the sector's middle half€6,654within the sector's middle half-€4,864below the sector's middle half-€11,984below the sector's middle half▼ 146%-€9,062below the sector's middle half▲ 24.4%
Solvency44.8%within the sector's middle half▼ 14.3pp40.2%within the sector's middle half▼ 4.6pp14.0%below the sector's middle half▼ 26.2pp1.3%below the sector's middle half▼ 12.7pp2.7%below the sector's middle half▲ 1.4pp
Current ratio0.95below the sector's middle half▼ 0.641.61within the sector's middle half▲ 0.670.71below the sector's middle half▼ 0.900.57below the sector's middle half▼ 0.150.55below the sector's middle half▼ 0.01
Return on assets (ROA)11.3%within the sector's middle half▼ 49.5pp-13.6%below the sector's middle half▼ 25.0pp-6.0%below the sector's middle half▲ 7.6pp-14.9%below the sector's middle half▼ 8.9pp0.8%within the sector's middle half▲ 15.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3,010 after a loss of €5,055 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36,528
Fixed assets
€25,309 ▼ 33.5%
Current assets
€11,220 ▼ 28.8%
Equity and liabilities €36,528
Equity
€983 ▲ 43.3%
Debt
€35,545 ▼ 33.1%
Debt's share of the balance-sheet total falls from 98.7% to 97.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17,070▲
2024 · €9,412
Cash flow
€14,357▲
2024 · €6,455
Quick ratio
0.53▲
2024 · 0.52
Interest coverage
6.89▲
2024 · 3.43
Debt ≤ 1 year
€20,282▼
2024 · €27,739
Debt > 1 year
€15,226▼
2024 · €25,183
Income taxes
€239▼
2024 · €257
Equity ratios withheld: equity of €983 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.
Peer companies
Historical observationOf the 1,082 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
2.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €800 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,817 | €6,307 | €9,875 | €14,467 | €14,060 | ▼ 2.8% |
| Other operating charges640/8 | €1,379 | €1,580 | €1,842 | €1,722 | €1,758 | ▲ 2.1% |
| Non-recurring operating charges66A | - | - | €687 | €0 | - | - |
| Gross operating margin9900 | €15,451 | €4,794 | €11,085 | €11,134 | €18,828 | ▲ 69.1% |
| Operating profit (loss)9901 | €8,255 | -€3,093 | -€1,319 | -€5,055 | €3,010 | ▲ 160% |
| Financial income75/76B | €120 | €480 | €222 | €42 | €5 | ▼ 86.9% |
| Recurring financial income75 | €120 | €480 | €222 | €42 | €5 | ▼ 86.9% |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | €1,841 | €1,506 | €2,526 | €2,743 | €2,479 | ▼ 9.6% |
| Recurring financial charges65 | €1,841 | €1,506 | €2,526 | €2,743 | €2,479 | ▼ 9.6% |
| Profit (loss) for the period before taxes9903 | €6,534 | -€4,119 | -€3,623 | -€7,756 | €536 | ▲ 107% |
| Income taxes67/77 | €2,329 | €102 | €108 | €257 | €239 | ▼ 6.8% |
| Profit (loss) for the period9904 | €4,205 | -€4,221 | -€3,732 | -€8,013 | €297 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €4,205 | -€4,221 | -€3,732 | -€8,013 | €297 | ▲ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,187 | €30,934 | €62,146 | €53,788 | €36,528 | ▼ 32.1% |
| Fixed assets21/28 | €17,745 | €13,438 | €50,056 | €38,033 | €25,309 | ▼ 33.5% |
| Tangible fixed assets22/27 | €17,745 | €13,438 | €50,056 | €38,033 | €25,309 | ▼ 33.5% |
| Plant, machinery and equipment23 | €5,887 | €4,531 | €3,173 | €2,481 | €2,075 | ▼ 16.4% |
| Furniture and vehicles24 | - | - | - | €742 | €545 | ▼ 26.6% |
| Leasing and similar rights25 | €11,859 | €8,906 | €46,883 | €34,810 | €22,689 | ▼ 34.8% |
| Current assets29/58 | €19,442 | €17,496 | €12,090 | €15,755 | €11,220 | ▼ 28.8% |
| Stocks and contracts in progress3 | - | - | - | €1,368 | €406 | ▼ 70.3% |
| Stocks30/36 | - | - | - | €893 | €406 | ▼ 54.5% |
| Contracts in progress37 | - | - | - | €475 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €7,831 | €12,911 | €10,786 | €8,727 | €771 | ▼ 91.2% |
| Trade receivables40 | €1,302 | €6,661 | €4,987 | €7,673 | €631 | ▼ 91.8% |
| Other amounts receivable41 | €6,528 | €6,250 | €5,799 | €1,054 | €141 | ▼ 86.7% |
| Current investments50/53 | €14 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €8,263 | €1,083 | €63 | €14 | €4,858 | ▲ 33,661% |
| Deferred charges and accrued income490/1 | €3,334 | €3,501 | €1,242 | €5,645 | €5,184 | ▼ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,187 | €30,934 | €62,146 | €53,788 | €36,528 | ▼ 32.1% |
| Equity10/15 | €16,652 | €12,430 | €8,699 | €686 | €983 | ▲ 43.3% |
| Contributions10/11 | €6,334 | €6,334 | €6,334 | €6,334 | €6,334 | = |
| Reserves13 | €10,318 | €10,318 | €10,318 | €10,318 | €10,318 | = |
| Non-distributable reserves130/1 | €1,064 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,064 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €131 | €131 | €131 | €131 | €131 | = |
| Distributable reserves133 | €9,122 | €10,186 | €10,186 | €10,186 | €10,186 | = |
| Profit (loss) carried forward14 | - | -€4,221 | -€7,953 | -€15,966 | -€15,669 | ▲ 1.9% |
| Amounts payable17/49 | €20,536 | €18,503 | €53,447 | €53,102 | €35,545 | ▼ 33.1% |
| Amounts payable after more than one year17 | - | €6,612 | €36,493 | €25,183 | €15,226 | ▼ 39.5% |
| Financial debts170/4 | - | €6,612 | €36,493 | €25,183 | €15,226 | ▼ 39.5% |
| Amounts payable within one year42/48 | €20,536 | €10,842 | €16,954 | €27,739 | €20,282 | ▼ 26.9% |
| Current portion of amounts payable after more than one year42 | €12,130 | €2,802 | €11,098 | €12,007 | €9,696 | ▼ 19.2% |
| Financial debts43 | €145 | €139 | €233 | €3,400 | €393 | ▼ 88.5% |
| Credit institutions430/8 | €145 | €139 | €233 | €3,400 | €393 | ▼ 88.5% |
| Trade debts44 | €3,608 | €5,882 | €3,776 | €7,260 | €8,170 | ▲ 12.5% |
| Suppliers440/4 | €3,608 | €5,882 | €3,776 | €7,260 | €8,170 | ▲ 12.5% |
| Taxes, remuneration and social security45 | €4,653 | €2,018 | €1,847 | €2,220 | €1,794 | ▼ 19.2% |
| Taxes450/3 | €2,653 | €2,018 | €1,847 | €2,220 | €1,794 | ▼ 19.2% |
| Remuneration and social security454/9 | €2,000 | €0 | - | - | - | - |
| Other amounts payable47/48 | €0 | - | - | €2,852 | €229 | ▼ 92.0% |
| Accrued charges and deferred income492/3 | - | €1,049 | €0 | €180 | €38 | ▼ 79.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,205 | -€4,221 | -€3,732 | -€8,013 | €297 | ▲ 104% |
| + Depreciation and write-downs630 | €5,817 | €6,307 | €9,875 | €14,467 | €14,060 | ▼ 2.8% |
| Operating cash flow (approximation) | €10,021 | €2,086 | €6,144 | €6,455 | €14,357 | ▲ 122% |
| Investment in fixed assets (approximation) | - | -€1,999 | -€46,494 | -€2,445 | -€1,336 | ▲ 45.4% |
| Change in cash | - | -€7,179 | -€1,021 | -€48 | €4,844 | ▲ 10,158% |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €297
Net result €297 after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€8,013
Net result drops to -€8,013, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €12,799 ▲354%
Operating result €17,457, net result €12,799, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.59
Current ratio from 0.70 to 1.59; short-term debt falls from €8,854 to €8,613.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Aalter · 1 establishment unit since 2001
Ground area
811 m²
Building footprint
97 m²
Volume, LiDAR
495 m³
Parcel 44503H1192/00F000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BART BOTTERMAN VOEG-& RENOVATIETECHNIEKEN
since 20012.097.749.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H1192/00F000 | Flanders | 811 m² | 1 · 97 m² | 7.3 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 7,302 companies in sector 43350 we hold annual accounts for 2,363. 280 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
Founded01-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
41001General construction of residential buildings
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473399986
Also
9925:BE0473399986
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.