Equity
€174,185 from €1.0m in 2011
Equity fell by 83% in 14 years.
BD GRID
Lifetime
16 annual accounts with figures on one time axispeak €211,722 (2021)
-€3,933▲ €12,407
lowest -€141,613 (2017)
-€1,099▲ €15,024
peak €1.0m (2011)
€174,185▼ 0.6%
€8,993▼ 4.9%
peak 5 FTE (2014)
-not published
Board4 names since 2019
2 directorsInga and 1 other
Owners3 names in the annual accounts
100%G&D Invest
Documentsfilings and deeds
24-02-202624 days late
2025abbreviated format
Gross margin from -€16,339 to -€3,933Loss of €1,099
Key points
from the 2025 annual accountsLosses
-€17,223 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Filings
16 annual accounts since 2009
Three of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.
Turnover not published (abbreviated format)
Checked score
95
Excellent
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.2%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.3%▲ +0.1 percentage points vs 01-2026highest value
03-2026: 0.1%▼ -0.2 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 20.37, cash €181,262
Equity €174,185 (95.1% of total assets)
Founded in 2008
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 90% of them on solvency, 98% on liquidity, 18% on profitability and 33% 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as BD GRID has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BD GRID itself is lower: < 0.1% within 12 months. It rests on far more data about BD GRID than the profile alone.
Test of the method
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 6,908 companies, not a prediction for BD GRID. 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.
Credit verdict
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 20.37 (22.05 in 2024), above the usual 1.5. Short-term debt is 4.9% and cash 99% of total assets. 4.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€1,099
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
24 days late
2024
on the day
2023
29 days late
2022
1 day early
2021
on the day
2020
26 days late
2019
on the day
← 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 11 days after 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 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808580815
Registered office moved within Deerlijk
New registered office: Stationsstraat 234, 8540 Deerlijk · Previous registered office: Stationsstraat 233, 8540 Deerlijk · Resignations: INGA NV (managing director) and Regine Bekaert (director) · Board meeting of 01-07-2024 · Gazette deed
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
General meeting of 18-02-2021 · Gazette deed
2 directors reappointed
Permanent representative: Bekaert Catherine · Inga (chair and managing director) and Bekaert Regine (managing director) · General meeting of 20-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BD GRID Deerlijk | €183,178 | -€3,933 | 95.1% | - |
| STRAELT Torhout | €172,892 | -€16,479 | 87.1% | 0 |
| CALLEWIER BART Dentergem | €160,410 | -€3,514 | 59.9% | - |
| DG E-TECH Zedelgem | €165,289 | -€27,402 | 95.4% | - |
| VDB TECHNICS Middelkerke | €151,989 | -€346 | 8.6% | - |
| VABEN Brecht | €187,327 | -€5,746 | 61.0% | - |
| ELEKTRO GOETHALS Lievegem | €175,596 | -€20,099 | 14.5% | - |
These companies have the same main activity as BD GRID: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €152,000 and €187,000, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 19-12-2008Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Joint committees
- 149.01Electricians: installation and distribution
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2023
- Establishment unit
- 2.176.448.1888540 Deerlijk, since 02-03-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Insights on BD GRID
BD GRID files the abbreviated format. That format states no turnover. The gross margin fell from €42,183 in 2009 to -€3,933 in 2025.
G&D Invest holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BD GRID
- What is the company number of BD GRID?
- The company number of BD GRID is 0808.580.815. The VAT number is the same number with BE in front: BE 0808.580.815.
- Where is BD GRID based?
- The registered office is at Stationsstraat 234, 8540 Deerlijk.Company details
- What does BD GRID do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of BD GRID?
- BD GRID is a public limited company (NV).
- When was BD GRID founded?
- BD GRID was founded on 19-12-2008.
- Is BD GRID still active?
- Yes, BD GRID is an active enterprise in the KBO register.
- How many employees does BD GRID have?
- BD GRID had an average of 3.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does BD GRID fall under?
- In its 30-06-2023 annual accounts, BD GRID states joint committees 149.01 (Electricians: installation and distribution) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BD GRID?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is BD GRID profitable?
- In financial year 2025, BD GRID made a loss of €1,099.
- Where can I find the annual accounts of BD GRID?
- BD GRID filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BD GRID due?
- BD GRID must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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