Equity
Equity rose in 2025 from €29,207 to €88,058.
Equity rose in 2025 from €29,207 to €88,058.
Short-term debts fell from €127,993 to €85,207.
Higher net result than 90% of companies in wood and cork. Sector median €8,962 · 664 companies.
The dashed line is the sector median: 0.5% across 1,032 companies (NACE 16, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 16, micro). It does better than 53% of them on solvency, 49% on liquidity, 95% on profitability and 96% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 39,278 companies had the same profile as Bas Construct has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bas Construct itself: 0.8% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for Bas Construct. 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.
Liquidity is ample, with a current ratio of 1.59 (0.95 in 2024), above the usual 1.5. Short-term debt is 43.7% and cash 18.8% of total assets. However, 54.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 32 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Bas Construct Oudenaarde | €194,960 | €96,648 | 45.2% | - |
| JARO CONSTRUCTIONS Hamme (Vl.) | €155,236 | €89,689 | 34.7% | - |
| ACO-Châssis Anhée | €173,316 | €110,298 | 56.5% | - |
| WL Outdoor Projects Lommel | €234,663 | €107,215 | 46.5% | - |
| 4.maat Sint-Gillis-Waas | €251,691 | €136,884 | 17.8% | - |
| AA Projects Lokeren | €130,340 | €83,373 | 37.5% | - |
| Peter Hooyberghs Interieurbouw Turnhout | €134,228 | €93,635 | 77.6% | - |
These companies have the same main activity as Bas Construct: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €130,000 and €252,000, founded between 2023 and 2024.
Bas Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,058 and a net result of €58,852.
Its solvency ranks better than 55% of 663 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €190,000 and €500,000.
Higher than 55% of 663 companies in 2025.
Higher than 51% of 650 companies in 2025.
Higher than 90% of 657 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 1 left.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
194,960 | 183,910 | |
21/28 |
59,489 | 61,818 | |
22/27 |
59,489 | 61,818 | |
23 |
33,553 | 47,500 | |
24 |
25,936 | 14,318 | |
29/58 |
135,471 | 122,092 | |
40/41 |
95,449 | 115,510 | |
40 |
86,660 | 76,024 | |
41 |
8,789 | 39,487 | |
54/58 |
36,655 | 5,470 | |
490/1 |
3,368 | 1,112 | |
| Balance sheet: equity and liabilities | |||
10/49 |
194,960 | 183,910 | |
10/15 |
88,058 | 29,207 | |
10/11 |
6,000 | 6,000 | |
13 |
82,058 | 23,207 | |
133 |
82,058 | 23,207 | |
17/49 |
106,902 | 154,704 | |
17 |
20,000 | 25,000 | |
170/4 |
20,000 | 25,000 | |
42/48 |
85,207 | 127,993 | |
44 |
39,237 | 98,537 | |
440/4 |
39,237 | 98,537 | |
45 |
11,033 | 6,017 | |
450/3 |
10,165 | 6,017 | |
454/9 |
867 | - | |
47/48 |
34,937 | 23,440 | |
492/3 |
1,695 | 1,710 | |
| Income statement | |||
9900 |
96,648 | 33,761 | |
62 |
2,915 | - | |
630 |
17,042 | 3,042 | |
640/8 |
740 | 1,139 | |
66A |
1,709 | - | |
9901 |
74,243 | 29,580 | |
75/76B |
435 | 106 | |
75 |
435 | 106 | |
65/66B |
661 | 462 | |
65 |
661 | 462 | |
9903 |
74,017 | 29,224 | |
67/77 |
15,165 | 6,017 | |
9904 |
58,852 | 23,207 | |
9905 |
58,852 | 23,207 | |
| Appropriation of the result | |||
9906 |
58,852 | 23,207 | |
691/2 |
58,852 | 23,207 | |
6921 |
58,852 | 23,207 | |
| Social balance sheet | |||
9087 |
1 | - | |
Hours worked1013 |
464 | - | |
| Document | |||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €169 | €0 |
| 2024 | 1 | €234 | €234 |
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 91,284 | 32,622 | ||
| 75,893 | 26,249 | ||
| 20,421 | 64,860 | ||
| 31,184 | - | ||
| 50,265 | -5,901 | ||
| 45.2% | 15.9% | ||
| 1.59 | 0.95 | ||
| 1.21 | 5.30 | ||
| 66.8% | 79.5% | ||
| 30.2% | 12.6% | ||
| over 100 | 70.55 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 1 | |
| Joined | 2 |
| Left | 1 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €20,421 | €64,860 |
| €17,042 | €3,042 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 151% higher than in 2024.
Debt's share of the balance-sheet total falls from 84.1% to 54.8%. Equity is higher and debt is lower.
Bas Construct has no parent and no holdings in its annual accounts. VAN DE WOESTYNE-VAN DER STRAETEN Basiel is the only director. Bas Construct shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Bas Construct was incorporated on 21 March 2024 as a private limited company by one natural person, with a starting capital of €6,000.12 VAN DE WOESTYNE-VAN DER STRAETEN Basiel is director of the company, appointed by deed of 25-03-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Pater Ruyffelaertstraat 25 registered office 9700 Oudenaarde | 21-03-2024 | 2.357.588.760 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45502A0356/00Z000 | 311 m² | 1 · 94 m² | 4.9 m |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.385.580
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