.be BUILD
ActiveSummary
.be BUILD has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301k and a net result of €49k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 73% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+74
Solvency86▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.1 in 2024; short-term debt: 39.3% and cash: 35.8% of total assets), and 39.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.7%
Return on assets
9.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-01-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
41 d early
2023
22 d early
2022
2 d early
2021
18 d early
2020
10 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€301k▲ 19.3%
2024 · €252k
2018: €33klowest in 8 years
2019: €66k▲ +99.5% vs 2018
2020: €147k▲ +123% vs 2019
2021: €372k▲ +153% vs 2020
2022: €422k▲ +13.3% vs 2021highest in 8 years
2023: €291k▼ -31.1% vs 2022
2024: €252k▼ -13.2% vs 2023
2025: €301k▲ +19.3% vs 2024
2018 → 2025
Total assets
€496k▲ 25.2%
2024 · €396k
2018: €207klowest in 8 years
2019: €367k▲ +77.2% vs 2018
2020: €302k▼ -17.8% vs 2019
2021: €617k▲ +105% vs 2020highest in 8 years
2022: €547k▼ -11.4% vs 2021
2023: €378k▼ -30.8% vs 2022
2024: €396k▲ +4.7% vs 2023
2025: €496k▲ +25.2% vs 2024
2018 → 2025
Net result
€49k
2024 · €-38k
2018: €1k
2019: €33k▲ +2247% vs 2018
2020: €81k▲ +147% vs 2019
2021: €225k▲ +176% vs 2020highest in 8 years
2022: €49k▼ -78.0% vs 2021
2023: €-131k▼ -366% vs 2022lowest in 8 years
2024: €-38k▲ +70.9% vs 2023
2025: €49k▲ +227% vs 2024
2018 → 2025
Working capital
€230k▲ 49.9%
2024 · €153k
2018: €29klowest in 8 years
2019: €52k▲ +79.3% vs 2018
2020: €135k▲ +161% vs 2019
2021: €299k▲ +122% vs 2020
2022: €357k▲ +19.4% vs 2021highest in 8 years
2023: €186k▼ -48.1% vs 2022
2024: €153k▼ -17.4% vs 2023
2025: €230k▲ +49.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€372k-€422k▲ 13.3%€291k▼ 31.1%€252k▼ 13.2%€301k▲ 19.3%
2021: €372k
2022: €422k▲ +13.3% vs 2021highest in 5 years
2023: €291k▼ -31.1% vs 2022
2024: €252k▼ -13.2% vs 2023lowest in 5 years
2025: €301k▲ +19.3% vs 2024
Operating result€311k-€61k▼ 80.2%€-121k€-38k▲ 68.2%€49k
2021: €311khighest in 5 years
2022: €61k▼ -80.2% vs 2021
2023: €-121k▼ -296% vs 2022lowest in 5 years
2024: €-38k▲ +68.2% vs 2023
2025: €49k▲ +226% vs 2024
Net result€225k-€49k▼ 78.0%€-131k€-38k▲ 70.9%€49k
2021: €225khighest in 5 years
2022: €49k▼ -78.0% vs 2021
2023: €-131k▼ -366% vs 2022lowest in 5 years
2024: €-38k▲ +70.9% vs 2023
2025: €49k▲ +227% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €49k after a loss of €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €496k
Fixed assets
€71k ▼ 31.2%
Current assets
€425k ▲ 45.2%
Equity and liabilities €496k
Equity
€301k ▲ 19.3%
Debt
€195k ▲ 35.7%
Debt's share of the balance-sheet total rises from 36.3% to 39.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €-10k
Cash flow
€59k▲
2024 · €-10k
Current ratio
2.18▲
2024 · 2.10
Debt to equity
0.65▲
2024 · 0.57
ROE
16.2%▲
2024 · -15.1%
ROA
9.8%▲
2024 · -9.7%
Interest coverage
183.32▲
2024 · -22.95
Debt ≤ 1 year
€195k▲
2024 · €139k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€233▲
2024 · €12
Staff costs
€59k▼
2024 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€396k€496k▲
Fixed assets21/28€103k€71k▼
Tangible fixed assets22/27€103k€70k▼
Furniture and vehicles24€22k€0▼
Other tangible fixed assets26€81k€70k▼
Financial fixed assets28€900€900=
Current assets29/58€293k€425k▲
Amounts receivable within one year40/41€207k€247k▲
Trade receivables40€100k€148k▲
Other amounts receivable41€107k€99k▼
Cash at bank and in hand54/58€85k€177k▲
Deferred charges and accrued income490/1€1k€399▼
Equity and liabilities
Total equity and liabilities10/49€396k€496k▲
Equity10/15€252k€301k▲
Contributions10/11€6k€6k=
Reserves13€246k€295k▲
Distributable reserves133€246k€295k▲
Amounts payable17/49€144k€195k▲
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€139k€195k▲
Current portion of amounts payable after more than one year42€18k€4k▼
Trade debts44€18k€19k▲
Suppliers440/4€18k€19k▲
Advances received on contracts in progress46€52k€96k▲
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3€5k€5k▲
Remuneration and social security454/9€12k€2k▼
Other amounts payable47/48€34k€68k▲
Income statement
Code20242025
Non-recurring operating income76A-€689
Remuneration, social security and pensions62€86k€59k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€11k▼
Other operating charges640/8€679€598▼
Gross operating margin9900€76k€118k▲
Operating profit (loss)9901€-38k€49k▲
Financial income75/76B€656€607▼
Recurring financial income75€656€607▼
Financial charges65/66B€453€322▼
Recurring financial charges65€453€322▼
Profit (loss) for the period before taxes9903€-38k€49k▲
Income taxes67/77€12€233▲
Profit (loss) for the period9904€-38k€49k▲
Profit (loss) for the period to be appropriated9905€-38k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€49k▲
Transfer from equity791/2€38k€0▼
Transfer to equity691/2-€49k
To other reserves6921-€49k
Social balance
Average headcount (FTE)9087-0.7
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €689 | - |
| Remuneration, social security and pensions62 | €68k | €74k | €84k | €86k | €59k | ▼ 31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €26k | €25k | €28k | €11k | ▼ 62.5% |
| Other operating charges640/8 | €2k | €1k | €798 | €679 | €598 | ▼ 12.0% |
| Gross operating margin9900 | €398k | €162k | €-11k | €76k | €118k | ▲ 55.9% |
| Operating profit (loss)9901 | €311k | €61k | €-121k | €-38k | €49k | ▲ 226% |
| Financial income75/76B | €78 | €2k | €31 | €656 | €607 | ▼ 7.6% |
| Recurring financial income75 | €78 | €2k | €31 | €656 | €607 | ▼ 7.6% |
| Financial charges65/66B | €3k | €894 | €11k | €453 | €322 | ▼ 28.9% |
| Recurring financial charges65 | €3k | €894 | €11k | €453 | €322 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | €308k | €63k | €-131k | €-38k | €49k | ▲ 228% |
| Income taxes67/77 | €83k | €13k | €-10 | €12 | €233 | ▲ 1,913% |
| Profit (loss) for the period9904 | €225k | €49k | €-131k | €-38k | €49k | ▲ 227% |
| Profit (loss) for the period to be appropriated9905 | €225k | €49k | €-131k | €-38k | €49k | ▲ 227% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €617k | €547k | €378k | €396k | €496k | ▲ 25.2% |
| Fixed assets21/28 | €132k | €106k | €127k | €103k | €71k | ▼ 31.2% |
| Tangible fixed assets22/27 | €131k | €105k | €126k | €103k | €70k | ▼ 31.5% |
| Furniture and vehicles24 | €79k | €58k | €39k | €22k | €0 | ▼ 100% |
| Other tangible fixed assets26 | €52k | €46k | €87k | €81k | €70k | ▼ 13.0% |
| Financial fixed assets28 | €900 | €900 | €900 | €900 | €900 | = |
| Current assets29/58 | €485k | €441k | €251k | €293k | €425k | ▲ 45.2% |
| Amounts receivable within one year40/41 | €455k | €212k | €233k | €207k | €247k | ▲ 19.5% |
| Trade receivables40 | €281k | €44k | €57k | €100k | €148k | ▲ 48.0% |
| Other amounts receivable41 | €174k | €167k | €176k | €107k | €99k | ▼ 7.1% |
| Cash at bank and in hand54/58 | €29k | €228k | €16k | €85k | €177k | ▲ 110% |
| Deferred charges and accrued income490/1 | €2k | €2k | €1k | €1k | €399 | ▼ 68.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €617k | €547k | €378k | €396k | €496k | ▲ 25.2% |
| Equity10/15 | €372k | €422k | €291k | €252k | €301k | ▲ 19.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €366k | €416k | €284k | €246k | €295k | ▲ 19.7% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €364k | €414k | €284k | €246k | €295k | ▲ 19.7% |
| Amounts payable17/49 | €245k | €125k | €88k | €144k | €195k | ▲ 35.7% |
| Amounts payable after more than one year17 | €59k | €41k | €22k | €4k | €0 | ▼ 100% |
| Financial debts170/4 | €59k | €41k | €22k | €4k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €186k | €84k | €65k | €139k | €195k | ▲ 40.1% |
| Current portion of amounts payable after more than one year42 | €17k | €16k | €18k | €18k | €4k | ▼ 74.8% |
| Financial debts43 | €67k | - | - | - | - | - |
| Credit institutions430/8 | €67k | - | - | - | - | - |
| Trade debts44 | €22k | €19k | €12k | €18k | €19k | ▲ 5.4% |
| Suppliers440/4 | €22k | €19k | €12k | €18k | €19k | ▲ 5.4% |
| Advances received on contracts in progress46 | €43k | €18k | €2k | €52k | €96k | ▲ 83.8% |
| Taxes, remuneration and social security45 | €14k | €16k | €14k | €17k | €7k | ▼ 57.5% |
| Taxes450/3 | - | €6k | €12 | €5k | €5k | ▲ 5.9% |
| Remuneration and social security454/9 | €14k | €10k | €14k | €12k | €2k | ▼ 84.2% |
| Other amounts payable47/48 | €22k | €15k | €19k | €34k | €68k | ▲ 99.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €225k | €49k | €-131k | €-38k | €49k | ▲ 227% |
| + Depreciation and write-downs630 | €18k | €26k | €25k | €28k | €11k | ▼ 62.5% |
| Operating cash flow (approximation) | €243k | €75k | €-107k | €-10k | €59k | ▲ 679% |
| Investment in fixed assets (approximation) | - | €0 | €-46k | €-4k | €22k | ▲ 619% |
| Change in cash | - | €199k | €-211k | €68k | €93k | ▲ 36.3% |
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
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-131k
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity doublescurrent ratio 5.28
Current ratio from 2.61 to 5.28; short-term debt falls from €186k to €84k.
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €225k ▲176%
Operating result €311k, net result €225k, both a record.
30-09
Financial
Equity above €200kEq €372k ▲153%
4 profitable years in a row build equity to €372k.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €100kEq €147k ▲123%
3 profitable years in a row build equity to €147k.
Show earlier events
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2008
Ground area
602 m²
Building footprint
188 m²
Volume, LiDAR
1,205 m³
Parcel 46503C0738/00W000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
.be BUILD
since 20082.171.988.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C0738/00W000 | Flanders | 602 m² | 1 · 188 m² | 11.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,028 EUR awarded · 1,028 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 460 EUR | 460 EUR |
| 2023 | 1 | 288 EUR | 288 EUR |
| 2022 | 1 | 280 EUR | 280 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,965 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
Founded05-06-2008
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.