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BBUILD CONSTRUCTIONS

Active
Private limited companyfounded 2013active for 13 yearsKeyenbemptstraat 109, 1180 Ukkel, BelgiumKBO/BCE: BE 0502.848.493

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506177.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 13 filings

Turnover
€711,434
EBIT margin
2.8%
Net result
€13,152▲ 104%
2024 · €6,444
Working capital
€37,983▼ 61.9%
2024 · €99,597
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 30% higher than in 2024. It is a recovery after the fall in 2024.

Operating result€28,045 2025 Net result€13,152 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€711,434
Operating result€22,398-€16,853▼ 24.8%€19,951▲ 18.4%€25,539▲ 28.0%€33,938▲ 32.9%€48,202▲ 42.0%€21,504▼ 55.4%€28,045▲ 30.4%
Net result€14,909-€9,716▼ 34.8%€12,907within the sector's middle half▲ 32.8%€10,986within the sector's middle half▼ 14.9%€9,110within the sector's middle half▼ 17.1%€23,735within the sector's middle half▲ 161%€6,444within the sector's middle half▼ 72.9%€13,152within the sector's middle half▲ 104%
EBIT margin2.8%
Equity€48,843-€58,559▲ 19.9%€71,466within the sector's middle half▲ 22.0%€82,452within the sector's middle half▲ 15.4%€91,562within the sector's middle half▲ 11.0%€115,298within the sector's middle half▲ 25.9%€121,742within the sector's middle half▲ 5.6%€100,894within the sector's middle half▼ 17.1%
Total assets€382,368-€532,963▲ 39.4%€545,439above the sector's middle half▲ 2.3%€492,770above the sector's middle half▼ 9.7%€630,913above the sector's middle half▲ 28.0%€671,568above the sector's middle half▲ 6.4%€676,530above the sector's middle half▲ 0.7%€526,393above the sector's middle half▼ 22.2%
Debt€333,525-€474,404▲ 42.2%€473,973▼ 0.1%€410,317▼ 13.4%€539,351▲ 31.4%€556,270▲ 3.1%€554,788▼ 0.3%€425,499▼ 23.3%
Working capital€88,468-€68,537▼ 22.5%€45,389within the sector's middle half▼ 33.8%€57,163within the sector's middle half▲ 25.9%€89,427above the sector's middle half▲ 56.4%€88,334within the sector's middle half▼ 1.2%€99,597above the sector's middle half▲ 12.7%€37,983within the sector's middle half▼ 61.9%
Solvency12.8%-11.0%▼ 1.8pp13.1%below the sector's middle half▲ 2.1pp16.7%below the sector's middle half▲ 3.6pp14.5%below the sector's middle half▼ 2.2pp17.2%below the sector's middle half▲ 2.7pp18.0%below the sector's middle half▲ 0.8pp19.2%below the sector's middle half▲ 1.2pp
Current ratio1.36-1.17▼ 0.191.11within the sector's middle half▼ 0.061.17within the sector's middle half▲ 0.071.22within the sector's middle half▲ 0.041.18within the sector's middle half▼ 0.031.21within the sector's middle half▲ 0.021.09below the sector's middle half▼ 0.12
Return on assets (ROA)3.9%-1.8%▼ 2.1pp2.4%within the sector's middle half▲ 0.5pp2.2%within the sector's middle half▼ 0.1pp1.4%within the sector's middle half▼ 0.8pp3.5%within the sector's middle half▲ 2.1pp1.0%within the sector's middle half▼ 2.6pp2.5%within the sector's middle half▲ 1.5pp
Staff (FTE)2.1-3.3▲ 57.1%5above the sector's middle half▲ 51.5%5=7▲ 40.0%5▼ 28.6%3▼ 40.0%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €526,393
Fixed assets €81,009 ▼ 18.5%
Current assets €445,384 ▼ 22.8%
Equity and liabilities €526,393
Equity €100,894 ▼ 17.1%
Debt €425,499 ▼ 23.3%
Debt's share of the balance-sheet total falls from 82.0% to 80.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53,482▼
2024 · €84,341
Cash flow
€38,589▼
2024 · €69,281
Debt to equity
4.22▼
2024 · 4.56
ROE
13.0%▲
2024 · 5.3%
Interest coverage
8.28▼
2024 · 37.90
Debt ≤ 1 year
€407,401▼
2024 · €477,526
Debt > 1 year
€18,098▲
2024 · €5,148
Income taxes
€9,065▼
2024 · €13,119
Staff costs
€141,645▲
2024 · €131,034
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as BBUILD CONSTRUCTIONS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €440,000 and €596,000, founded between 2012 and 2014.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
BBUILD CONSTRUCTIONS Ukkel2013€526,393€100,894€199,018-€13,152-2025
BERFELA & CO Anderlecht2013€493,926€439,289€222,699-€158,152-2025
ALL-IN BRUXELLES Brussel2012€439,512€214,483€213,072€931,209€46,44202025
BEL POL GROUP Anderlecht2014€464,613€264,258€176,831-€83,077-2025
W.W. Finishing Jette2013€596,116€431,218€161,439-€67,039-2025
B.S.R. PROJECTS Maaseik2012€586,708€259,055€212,776-€27,761-2025
JR BETON-TRANS Ieper2013€518,118€207,483€174,170-€42,2471.32025

They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 4,107 companies had the same profile as BBUILD CONSTRUCTIONS has now. Two years later, 1.0% had gone bankrupt and 98.0% were still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
0.9% stopped otherwise
98.0% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of BBUILD CONSTRUCTIONS itself is higher: 1.6% within 12 months. It rests on far more data about BBUILD CONSTRUCTIONS than the profile alone.

Test of the method

The method was tested on the 497,445 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 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 4,107 companies, not a prediction for BBUILD CONSTRUCTIONS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€676,530€526,393▼
Fixed assets21/28€99,407€81,009▼
Tangible fixed assets22/27€92,192€73,794▼
Plant, machinery and equipment23€5,809€5,477▼
Furniture and vehicles24€86,384€68,317▼
Financial fixed assets28€7,215€7,215=
Current assets29/58€577,123€445,384▼
Amounts receivable within one year40/41€474,019€407,570▼
Trade receivables40€47,332€102,197▲
Other amounts receivable41€426,687€305,374▼
Cash at bank and in hand54/58€99,074€31,404▼
Deferred charges and accrued income490/1€4,029€6,410▲
Equity and liabilities
Total equity and liabilities10/49€676,530€526,393▼
Equity10/15€121,742€100,894▼
Contributions10/11€6,200€6,200=
Reserves13€115,542€94,694▼
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€113,687€92,839▼
Amounts payable17/49€554,788€425,499▼
Amounts payable after more than one year17€5,148€18,098▲
Financial debts170/4€5,148€18,098▲
Amounts payable within one year42/48€477,526€407,401▼
Current portion of amounts payable after more than one year42€60,864€21,726▼
Financial debts43€3,492€4,273▲
Other loans439€3,492€4,273▲
Trade debts44€282,868€220,490▼
Suppliers440/4€282,868€220,490▼
Taxes, remuneration and social security45€49,168€59,698▲
Taxes450/3€23,009€16,461▼
Remuneration and social security454/9€26,159€43,237▲
Other amounts payable47/48€81,134€101,214▲
Accrued charges and deferred income492/3€72,114-
Income statement Code20242025
Remuneration, social security and pensions62€131,034€141,645▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,837€25,437▼
Other operating charges640/8€5,346€3,891▼
Gross operating margin9900€220,721€199,018▼
Operating profit (loss)9901€21,504€28,045▲
Financial income75/76B€284€628▲
Recurring financial income75€284€628▲
Financial charges65/66B€2,225€6,457▲
Recurring financial charges65€2,225€6,457▲
Profit (loss) for the period before taxes9903€19,563€22,216▲
Income taxes67/77€13,119€9,065▼
Profit (loss) for the period9904€6,444€13,152▲
Profit (loss) for the period to be appropriated9905€6,444€13,152▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,444€13,152▲
Transfer from equity791/2-€20,000
Transfer to equity691/2€6,444€13,152▲
To other reserves6921€6,444€13,152▲
Profit to be distributed694/7-€20,000
Directors or managers695-€20,000

The notes to these accounts have 7 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.

Line20182019202020212022202320242025Change
Turnover70--€711,434------
Remuneration, social security and pensions62---€73,983€120,549€142,448€131,034€141,645▲ 8.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,152€22,924€22,421€25,993€51,921€38,063€62,837€25,437▼ 59.5%
Other operating charges640/8---€4,037€8,413€4,026€5,346€3,891▼ 27.2%
Gross operating margin9900€66,288€79,739€78,003€129,553€214,821€232,739€220,721€199,018▼ 9.8%
Operating profit (loss)9901€22,398€16,853€19,951€25,539€33,938€48,202€21,504€28,045▲ 30.4%
Financial income75/76B---€458€12€202€284€628▲ 121%
Recurring financial income75€228-€277€458€12€202€284€628▲ 121%
Financial charges65/66B---€2,068€1,419€3,669€2,225€6,457▲ 190%
Recurring financial charges65€635€1,271€1,416€2,068€1,419€3,669€2,225€6,457▲ 190%
Profit (loss) for the period before taxes9903€21,991€15,582€18,812€23,929€32,531€44,735€19,563€22,216▲ 13.6%
Income taxes67/77€7,082€5,866€5,905€12,943€23,421€21,000€13,119€9,065▼ 30.9%
Profit (loss) for the period9904€14,909€9,716€12,907€10,986€9,110€23,735€6,444€13,152▲ 104%
Profit (loss) for the period to be appropriated9905€14,909€9,716€12,907€10,986€9,110€23,735€6,444€13,152▲ 104%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€382,368€532,963€545,439€492,770€630,913€671,568€676,530€526,393▼ 22.2%
Fixed assets21/28€46,090€50,589€78,608€108,441€125,593€104,898€99,407€81,009▼ 18.5%
Tangible fixed assets22/27€43,320€47,819€76,108€105,941€123,093€97,683€92,192€73,794▼ 20.0%
Plant, machinery and equipment23---€1,599€4,634€5,551€5,809€5,477▼ 5.7%
Furniture and vehicles24---€104,342€118,459€92,132€86,384€68,317▼ 20.9%
Financial fixed assets28€2,770€2,770€2,500€2,500€2,500€7,215€7,215€7,215=
Current assets29/58€336,278€482,374€466,831€384,329€505,320€566,670€577,123€445,384▼ 22.8%
Amounts receivable within one year40/41€247,931€349,519€273,065€212,163€371,101€469,632€474,019€407,570▼ 14.0%
Trade receivables40---€118,236€89,820€93,672€47,332€102,197▲ 116%
Other amounts receivable41---€93,928€281,281€375,960€426,687€305,374▼ 28.4%
Cash at bank and in hand54/58€86,582€132,456€192,714€170,768€129,502€89,889€99,074€31,404▼ 68.3%
Deferred charges and accrued income490/1---€1,398€4,718€7,150€4,029€6,410▲ 59.1%
Equity and liabilities
Total equity and liabilities10/49€382,368€532,963€545,439€492,770€630,913€671,568€676,530€526,393▼ 22.2%
Equity10/15€48,843€58,559€71,466€82,452€91,562€115,298€121,742€100,894▼ 17.1%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,855€1,855€65,266€76,252€85,362€109,098€115,542€94,694▼ 18.0%
Non-distributable reserves130/1---€1,855€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311---€1,855€1,855€1,855€1,855€1,855=
Distributable reserves133---€74,397€83,507€107,243€113,687€92,839▼ 18.3%
Profit (loss) carried forward14€40,788€50,504-------
Amounts payable17/49€333,525€474,404€473,973€410,317€539,351€556,270€554,788€425,499▼ 23.3%
Amounts payable after more than one year17€35,864€32,014€49,102€53,399€43,457€16,144€5,148€18,098▲ 252%
Financial debts170/4---€53,399€43,457€16,144€5,148€18,098▲ 252%
Amounts payable within one year42/48€247,810€413,837€421,441€327,166€415,894€478,336€477,526€407,401▼ 14.7%
Current portion of amounts payable after more than one year42---€23,523€56,337€50,760€60,864€21,726▼ 64.3%
Financial debts43----€2,481€2,492€3,492€4,273▲ 22.4%
Other loans439----€2,481€2,492€3,492€4,273▲ 22.4%
Trade debts44€107,736€320,655€313,560€200,350€252,144€278,690€282,868€220,490▼ 22.1%
Suppliers440/4---€200,350€252,144€278,690€282,868€220,490▼ 22.1%
Taxes, remuneration and social security45---€55,799€53,562€78,134€49,168€59,698▲ 21.4%
Taxes450/3---€21,246€35,344€51,674€23,009€16,461▼ 28.5%
Remuneration and social security454/9---€34,553€18,218€26,459€26,159€43,237▲ 65.3%
Other amounts payable47/48---€47,493€51,369€68,260€81,134€101,214▲ 24.7%
Accrued charges and deferred income492/3---€29,753€80,000€61,790€72,114--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€14,909€9,716€12,907€10,986€9,110€23,735€6,444€13,152▲ 104%
+ Depreciation and write-downs630€19,152€22,924€22,421€25,993€51,921€38,063€62,837€25,437▼ 59.5%
Operating cash flow (approximation)€34,061€32,640€35,328€36,979€61,030€61,798€69,281€38,589▼ 44.3%
Investment in fixed assets (approximation)--€27,423-€50,440-€55,826-€69,072-€17,368-€57,346-€7,039▲ 87.7%
Change in cash-€45,874€60,258-€21,947-€41,266-€39,613€9,186-€67,670-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00506177 NBB
31-12-2024 micro format 25-09-2025 2025-00502311 PDF
31-12-2023 micro format 14-02-2025 2025-00034484 PDF
31-12-2022 micro format 17-11-2023 2023-00512832 PDF
31-12-2021 micro format 17-10-2022 2022-20468086 PDF
31-12-2020 micro format 24-08-2021 2021-52200252 PDF
31-12-2019 micro format 30-11-2020 2020-73300422 PDF
31-12-2018 micro format 25-09-2019 2019-66100421 PDF
31-12-2017 micro format 30-08-2018 2018-56300381 PDF
31-12-2016 full format 31-08-2017 2017-56500019 PDF

Show all 13 filings

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