Equity
be + construct paid out €50,803 in dividends. That is 100% of the 2025 profit.
be + construct paid out €50,803 in dividends. That is 100% of the 2025 profit.
The accounts state no turnover.
Of this, €523,404 falls due within a year.
In 2025, 5 people joined and 1 left.
Latest accounts filed late: after the legal deadline.
Lower solvency than 87% of companies in construction of buildings. Sector median 38.6% · 2,815 companies.
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 2 in 100 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 41, micro). It does better than 13% of them on solvency, 18% on liquidity, 55% on profitability and 35% on growth.
The bankruptcy probability was computed on 07-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 2,153 companies had the same profile as be + construct has now. Each dot stands for 6 companies, two years later.
That fits the bankruptcy probability of be + construct itself: 2.0% 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 2,153 companies, not a prediction for be + 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 tight, with a current ratio of 1.3 (1.4 in 2024), below the usual 1.5. Short-term debt is 66.1% and cash 6.1% of total assets. 97.7% 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 7 accounts on average 66 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| be + construct Herve | €0.8m | €258,276 | 2.3% | 2.6 |
| Pirhel Turnhout | €0.7m | €253,587 | 26.3% | 3 |
| Jodoigne Béton Jodoigne | €1.0m | €257,988 | 27.3% | 2.8 |
| Entreprise M.K.G. Hotton | €1.0m | €280,620 | 48.8% | 2.6 |
| USINA Juprelle | €0.7m | €288,383 | 26.6% | 3.5 |
| L’ARTISAN MAÇON Theux | €0.7m | €161,478 | 41.6% | 3.7 |
| CMB BAUUNTERNEHMEN Saint-Vith | €0.7m | €226,565 | 89.8% | 1.8 |
These companies have the same main activity as be + construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €654,000 and €1m, founded between 2014 and 2020.
be + construct files the abbreviated format. That format states no turnover. The gross margin rose from €119,383 in 2018 to €258,276 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €550,000. Estimated: probably between €440,000 and €810,000.
Higher than 12% of 2,815 companies in 2025.
Higher than 38% of 2,744 companies in 2025.
Higher than 60% of 2,780 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 5 people joined and 1 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
792,364 | 661,823 | 649,288 | 365,125 | 357,152 | 287,818 | 206,994 | 273,846 | |
21/28 |
109,332 | 109,343 | 95,664 | 79,425 | 83,941 | 95,298 | 36,571 | 31,779 | |
22/27 |
109,216 | 109,226 | 95,547 | 77,808 | 82,441 | 93,798 | 36,571 | 31,779 | |
23 |
38,714 | 47,697 | 27,885 | 16,585 | 2,733 | 2,752 | 5,032 | 16,603 | |
24 |
70,460 | 54,490 | 53,598 | 33,315 | 37,957 | 54,612 | 4,262 | 15,176 | |
25 |
42 | 7,040 | 14,064 | 27,908 | 41,751 | - | - | - | |
28 |
117 | 117 | 117 | 1,617 | 1,500 | 1,500 | - | - | |
29/58 |
683,032 | 552,480 | 553,624 | 285,700 | 273,211 | 192,520 | 170,423 | 242,066 | |
3 |
42,000 | 108,000 | 10,000 | - | 12,000 | - | - | 5,000 | |
37 |
42,000 | 108,000 | 10,000 | - | 12,000 | - | - | 5,000 | |
40/41 |
591,510 | 427,408 | 508,668 | 282,548 | 248,003 | 163,251 | 137,072 | 235,237 | |
40 |
497,287 | 328,025 | 437,604 | 217,242 | 231,870 | 152,747 | 134,546 | 226,422 | |
41 |
94,222 | 99,383 | 71,064 | 65,306 | 16,133 | 10,504 | 2,526 | 8,815 | |
54/58 |
48,561 | 16,574 | 34,502 | 2,705 | 11,857 | 28,204 | 32,430 | 1,746 | |
490/1 |
961 | 498 | 454 | 447 | 1,351 | 1,064 | 922 | 83 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
792,364 | 661,823 | 649,288 | 365,125 | 357,152 | 287,818 | 206,994 | 273,846 | |
10/15 |
18,600 | 18,600 | 27,841 | 27,841 | 27,841 | 48,827 | 42,554 | 35,173 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
13 |
- | 0 | 9,241 | 9,241 | 9,241 | 9,241 | 9,241 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
133 |
- | 0 | 9,241 | 7,381 | 7,381 | 7,381 | 7,381 | - | |
14 |
0 | 0 | - | - | - | 20,986 | 14,713 | 14,713 | |
17/49 |
773,764 | 643,223 | 621,447 | 337,284 | 329,311 | 238,991 | 164,440 | 238,672 | |
17 |
245,000 | 245,000 | 9,018 | 32,531 | 57,710 | 68,001 | 23,495 | - | |
170/4 |
245,000 | 245,000 | 9,018 | 32,531 | 57,710 | 68,001 | 23,495 | - | |
42/48 |
523,404 | 395,723 | 609,929 | 302,252 | 270,060 | 169,468 | 139,433 | 237,160 | |
42 |
0 | 9,018 | 23,513 | 25,179 | 24,571 | 20,786 | 5,884 | - | |
44 |
321,026 | 183,965 | 195,213 | 69,881 | 99,144 | 70,101 | 73,529 | 145,817 | |
440/4 |
321,026 | 183,965 | 195,213 | 69,881 | 99,144 | 70,101 | 73,529 | 145,817 | |
46 |
- | 0 | 3,850 | - | - | - | 10,000 | - | |
45 |
39,961 | 33,136 | 44,567 | 22,231 | 8,685 | 3,127 | 6,015 | 10,275 | |
450/3 |
20,789 | 30,863 | 44,219 | 22,153 | 8,685 | 3,127 | 6,015 | 10,218 | |
454/9 |
19,172 | 2,273 | 347 | 78 | - | - | - | 57 | |
47/48 |
162,418 | 169,604 | 342,786 | 184,962 | 137,660 | 75,454 | 44,006 | 81,068 | |
492/3 |
5,360 | 2,500 | 2,500 | 2,500 | 1,541 | 1,522 | 1,511 | 1,512 | |
| Income statement | |||||||||
76A |
16,379 | 0 | 150 | - | 2,651 | - | - | - | |
9900 |
258,276 | 166,645 | 179,959 | 111,789 | 79,720 | 59,893 | 39,664 | 119,383 | |
62 |
113,248 | 17,597 | 8,170 | 3,742 | - | - | - | 1,389 | |
630 |
73,175 | 71,848 | 39,814 | 29,362 | 27,489 | 29,079 | 29,304 | 22,768 | |
631/4 |
0 | 10,609 | 20,000 | 10,000 | -87,500 | 20,000 | -5,275 | 72,775 | |
640/8 |
5,574 | 2,823 | 3,458 | 4,660 | 78,452 | 2,452 | 4,077 | 3,356 | |
66A |
604 | - | - | - | 6,773 | 111 | - | - | |
9901 |
65,676 | 63,767 | 108,517 | 64,024 | 54,505 | 8,251 | 11,558 | 19,095 | |
75/76B |
1,284 | 0 | 165 | - | 3 | 773 | 1,259 | 2,822 | |
75 |
1,284 | 0 | 165 | - | 3 | 773 | 1,259 | 2,822 | |
65/66B |
991 | 2,725 | 2,067 | 2,825 | 3,178 | 2,254 | 3,786 | 7,461 | |
65 |
991 | 2,725 | 2,067 | 2,825 | 3,178 | 2,254 | 3,786 | 7,461 | |
9903 |
65,968 | 61,042 | 106,615 | 61,199 | 51,331 | 6,769 | 9,031 | 14,456 | |
67/77 |
15,165 | 12,911 | 24,233 | 14,106 | 10,054 | 497 | 1,650 | 3,435 | |
9904 |
50,803 | 48,131 | 82,382 | 47,093 | 41,277 | 6,273 | 7,381 | 11,021 | |
9905 |
50,803 | 48,131 | 82,382 | 47,093 | 41,277 | 6,273 | 7,381 | 11,021 | |
| Appropriation of the result | |||||||||
9906 |
50,803 | 48,131 | 82,382 | 47,093 | 62,263 | 20,986 | 22,094 | 18,173 | |
14P |
- | - | - | - | 20,986 | - | - | - | |
791/2 |
0 | 9,241 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 7,381 | 1,860 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | - | 7,381 | - | |
694/7 |
50,803 | 57,372 | 82,382 | 47,093 | 62,263 | - | - | 1,600 | |
694 |
50,803 | 57,372 | 82,382 | 46,893 | 62,263 | - | - | 1,600 | |
695 |
- | - | - | 200 | - | - | - | - | |
| Social balance sheet | |||||||||
9087 |
2.6 | 0.3 | 0.6 | - | - | - | - | 0.3 | |
Hours worked1013 |
3,656 | 544 | - | - | - | - | - | 168 | |
| Document | |||||||||
The notes to these accounts have 20 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 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00533145.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00533145 | |
| 31-12-2024 | full format | 30-09-2025 | 2025-00513154 | |
| 31-12-2023 | full format | 08-10-2024 | 2024-00498908 | |
| 31-12-2022 | micro format | 30-11-2023 | 2023-00518675 | |
| 31-12-2021 | micro format | 08-09-2022 | 2022-20422774 | |
| 31-12-2020 | micro format | 29-10-2021 | 2021-74200493 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-42400324 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49100088 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 138,851 | 135,615 | 148,332 | 93,387 | 81,994 | 37,330 | 40,862 | 41,864 | ||
| 123,978 | 119,980 | 122,196 | 76,455 | 68,766 | 35,352 | 36,685 | 33,790 | ||
| 82,368 | 85,527 | 57,554 | 24,846 | 20,395 | 87,917 | 34,096 | 8,097 | ||
| 31,987 | -17,928 | 31,797 | -9,152 | -16,347 | -4,225 | 30,683 | - | ||
| 159,628 | 156,757 | -56,305 | -16,552 | 3,151 | 23,051 | 30,990 | 4,906 | ||
| 2.3% | 2.8% | 4.3% | 7.6% | 7.8% | 17.0% | 20.6% | 12.8% | ||
| 1.30 | 1.40 | 0.91 | 0.95 | 1.01 | 1.14 | 1.22 | 1.02 | ||
| 1.22 | 1.12 | 0.89 | 0.95 | 0.97 | 1.14 | 1.22 | 1.00 | ||
| 41.60 | 34.58 | 22.32 | 12.11 | 11.83 | 4.89 | 3.86 | 6.79 | ||
| 273.1% | 258.8% | 295.9% | 169.1% | 148.3% | 12.8% | 17.3% | 31.3% | ||
| 6.4% | 7.3% | 12.7% | 12.9% | 11.6% | 2.2% | 3.6% | 4.0% | ||
| over 100 | 49.77 | 71.75 | 33.05 | 25.80 | - | - | - |
EBIT margin: not included in this filing.
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 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 5 | 1 |
| full-time | 5 | 1 |
| part-time | 0 | 0 |
| in full-time equivalents | 5 | 1 |
| 2.6 | 0.3 | |
| On a permanent contract | 3 | 1 |
| Joined | 5 | 1 |
| Left | 1 | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €82,368 | €85,527 | €57,554 | €24,729 | €20,395 |
| Financial fixed assets | €0 | - | - | €117 | - |
| €73,175 | €71,848 | €39,814 | €29,362 | €27,489 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 3% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 97.2% to 97.7%. Debt is higher.
be + construct has no parent and no holdings in its annual accounts. be + construct shares no director with another company.
| BELBOOM-CHARLIER Conseils
establishment since 21-06-2017 · founded in 2017 |
total assets €1.2m (2025) 0677.421.868 |
| CLC MANAGEMENT
registered office since 01-01-2022 · founded in 2021 |
total assets €198,378 (2025) 0778.409.558 |
| ISABELLE PIRON
registered office since 12-05-2023 · founded in 2023 |
total assets €36,555 (2025) 0801.703.713 |
| Lemaire, Laura (sole trader)
establishment since 01-10-2025 |
founded in 2025 1026.414.309 |
| Schyns, Florence (sole trader)
establishment since 01-10-2021 |
founded in 2021 0774.440.674 |
| Simonon, Noémie (sole trader)
establishment since 20-08-2019 |
founded in 2019 0732.673.563 |
| Charlier, Renaud (sole trader)
establishment since 01-01-2019 |
founded in 2019 0715.982.635 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Village 77 registered office 4650 Herve | 30-05-2017 | 2.265.066.202 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63014A0440/02G000 | 3,024 m² | 1 · 228 m² | 9.9 m · 2 |
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 0676.398.123
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