Skip to content

BeConstruction

Active
Private limited companyfounded 2012active for 14 yearsRue du Grand Marais (G.) 51, 7011 Mons, BelgiumKBO/BCE: BE 0848.098.813

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BeConstruction has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,205 and a net result of €7,900. Equity is growing by about 2.6% per year across the filed financial years. Its solvency ranks better than 37% of 9,368 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
25-06-2026
Format
micro format
Reference
2026-00196616
Turnover
≈ €270,000
Estimated: probably between €160,000 and €500,000
Total assets
€206,893▼ 2.0%
2024 · €211,009
Net result
€7,900
2024 · -€3,462
Working capital
€32,849▼ 43.4%
2024 · €58,035
Trend over the years

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

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 43% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€19,479 2025 Net result€7,900 2025

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

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€20,900-€35,640▲ 70.5%-€13,488€28,153€9,010▼ 68.0%€9,656▲ 7.2%€13,610▲ 41.0%€19,479▲ 43.1%
Net result€12,947-€22,169▲ 71.2%-€19,055below the sector's middle half€21,749within the sector's middle half€2,622within the sector's middle half▼ 87.9%€2,297within the sector's middle half▼ 12.4%-€3,462below the sector's middle half€7,900within the sector's middle half
Equity€50,293-€72,462▲ 44.1%€53,408within the sector's middle half▼ 26.3%€75,157within the sector's middle half▲ 40.7%€77,779within the sector's middle half▲ 3.5%€80,076within the sector's middle half▲ 3.0%€76,614within the sector's middle half▼ 4.3%€64,205within the sector's middle half▼ 16.2%
Total assets€194,923-€280,292▲ 43.8%€231,029within the sector's middle half▼ 17.6%€230,409within the sector's middle half▼ 0.3%€226,947within the sector's middle half▼ 1.5%€205,705within the sector's middle half▼ 9.4%€211,009within the sector's middle half▲ 2.6%€206,893within the sector's middle half▼ 2.0%
Debt€144,629-€207,830▲ 43.7%€177,622▼ 14.5%€155,253▼ 12.6%€149,168▼ 3.9%€125,629▼ 15.8%€134,395▲ 7.0%€142,689▲ 6.2%
Working capital€47,305-€65,357▲ 38.2%€42,262within the sector's middle half▼ 35.3%€59,340within the sector's middle half▲ 40.4%€63,153within the sector's middle half▲ 6.4%€60,624within the sector's middle half▼ 4.0%€58,035within the sector's middle half▼ 4.3%€32,849within the sector's middle half▼ 43.4%
Solvency25.8%-25.9%▲ 0.1pp23.1%within the sector's middle half▼ 2.7pp32.6%within the sector's middle half▲ 9.5pp34.3%within the sector's middle half▲ 1.7pp38.9%within the sector's middle half▲ 4.7pp36.3%within the sector's middle half▼ 2.6pp31.0%within the sector's middle half▼ 5.3pp
Current ratio2.24-1.61▼ 0.631.51within the sector's middle half▼ 0.101.90within the sector's middle half▲ 0.392.07within the sector's middle half▲ 0.162.45within the sector's middle half▲ 0.382.15within the sector's middle half▼ 0.301.46within the sector's middle half▼ 0.69
Return on assets (ROA)6.6%-7.9%▲ 1.3pp-8.2%below the sector's middle half▼ 16.2pp9.4%within the sector's middle half▲ 17.7pp1.2%within the sector's middle half▼ 8.3pp1.1%within the sector's middle half=-1.6%below the sector's middle half▼ 2.8pp3.8%within the sector's middle half▲ 5.5pp
Staff (FTE)5.3-5.4▲ 1.9%5.8above the sector's middle half▲ 7.4%3.7▼ 36.2%2.7▼ 27.0%1.3▼ 51.9%1▼ 23.1%0.5▼ 50.0%
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206,893
Fixed assets €102,695 ▲ 0.2%
Current assets €104,198 ▼ 4.0%
Equity and liabilities €206,893
Equity €64,205 ▼ 16.2%
Debt €142,689 ▲ 6.2%
Debt's share of the balance-sheet total rises from 63.7% to 69.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20,464▲
2024 · €14,483
Cash flow
€8,885▲
2024 · -€2,589
Quick ratio
1.19▼
2024 · 1.70
Debt to equity
2.22▲
2024 · 1.75
ROE
12.3%▲
2024 · -4.5%
Interest coverage
2.66▲
2024 · 1.37
Debt ≤ 1 year
€71,349▲
2024 · €50,518
Debt > 1 year
€71,339▼
2024 · €83,877
Income taxes
€2,854▲
2024 · €683
Staff costs
€10,353▼
2024 · €33,701
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.2% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,904 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 25-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€211,009€206,893▼
Fixed assets21/28€102,455€102,695▲
Tangible fixed assets22/27€102,159€102,695▲
Land and buildings22€100,000€100,000=
Plant, machinery and equipment23€1,798€1,756▼
Furniture and vehicles24€361€939▲
Financial fixed assets28€296-
Current assets29/58€108,554€104,198▼
Stocks and contracts in progress3€22,784€19,284▼
Stocks30/36€22,784€19,284▼
Amounts receivable within one year40/41€83,373€67,535▼
Trade receivables40€63,029€67,101▲
Other amounts receivable41€20,344€433▼
Cash at bank and in hand54/58€192€17,379▲
Deferred charges and accrued income490/1€2,205-
Equity and liabilities
Total equity and liabilities10/49€211,009€206,893▼
Equity10/15€76,614€64,205▼
Contributions10/11€20,460€20,460=
Reserves13€46,977€34,568▼
Distributable reserves133€46,977€34,568▼
Profit (loss) carried forward14€9,176€9,176=
Amounts payable17/49€134,395€142,689▲
Amounts payable after more than one year17€83,877€71,339▼
Financial debts170/4€83,877€71,339▼
Amounts payable within one year42/48€50,518€71,349▲
Current portion of amounts payable after more than one year42€4,370€6,317▲
Financial debts43€32,452€30,000▼
Credit institutions430/8€32,452€30,000▼
Trade debts44€8,807€27,716▲
Suppliers440/4€8,807€27,716▲
Taxes, remuneration and social security45€4,890€7,202▲
Taxes450/3€3,302€7,202▲
Remuneration and social security454/9€1,588-
Other amounts payable47/48-€113
Income statement Code20242025
Remuneration, social security and pensions62€33,701€10,353▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€873€985▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7,603
Other operating charges640/8€19,057€977▼
Gross operating margin9900€67,241€39,397▼
Operating profit (loss)9901€13,610€19,479▲
Financial income75/76B€3,511€97▼
Recurring financial income75€3,511€97▼
Financial charges65/66B€19,900€8,822▼
Recurring financial charges65€10,595€7,679▼
Non-recurring financial charges66B€9,305€1,142▼
Profit (loss) for the period before taxes9903-€2,780€10,754▲
Income taxes67/77€683€2,854▲
Profit (loss) for the period9904-€3,462€7,900▲
Profit (loss) for the period to be appropriated9905-€3,462€7,900▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,176€17,076▲
Profit (loss) brought forward from the previous period14P€12,639€9,176▼
Transfer from equity791/2-€20,309
Transfer to equity691/2-€7,900
To other reserves6921-€7,900
Profit to be distributed694/7-€20,309
Return on contributions (dividend)694-€20,309

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€113,838€79,592€55,435€33,701€10,353▼ 69.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,810€3,505€2,719€874€873€873€873€985▲ 12.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€7,603-
Other operating charges640/8---€910€6,007€363€19,057€977▼ 94.9%
Gross operating margin9900€226,245€269,293€179,054€143,774€95,482€66,327€67,241€39,397▼ 41.4%
Operating profit (loss)9901€20,900€35,640-€13,488€28,153€9,010€9,656€13,610€19,479▲ 43.1%
Financial income75/76B---€145€189€468€3,511€97▼ 97.2%
Recurring financial income75€13€6€372€145€189€468€3,511€97▼ 97.2%
Financial charges65/66B---€2,379€4,911€6,724€19,900€8,822▼ 55.7%
Recurring financial charges65€4,297€3,865€5,987€2,379€4,911€6,724€10,595€7,679▼ 27.5%
Non-recurring financial charges66B------€9,305€1,142▼ 87.7%
Profit (loss) for the period before taxes9903€16,616€31,780-€19,103€25,919€4,288€3,399-€2,780€10,754-
Income taxes67/77€3,669€9,612-€48€4,170€1,666€1,102€683€2,854▲ 318%
Profit (loss) for the period9904€12,947€22,169-€19,055€21,749€2,622€2,297-€3,462€7,900-
Profit (loss) for the period to be appropriated9905€12,947€22,169-€19,055€21,749€2,622€2,297-€3,462€7,900-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€194,923€280,292€231,029€230,409€226,947€205,705€211,009€206,893▼ 2.0%
Fixed assets21/28€109,553€107,793€106,374€105,501€104,627€103,329€102,455€102,695▲ 0.2%
Tangible fixed assets22/27€108,553€107,072€105,653€104,779€103,906€103,032€102,159€102,695▲ 0.5%
Land and buildings22---€100,000€100,000€100,000€100,000€100,000=
Plant, machinery and equipment23---€4,057€3,304€2,551€1,798€1,756▼ 2.3%
Furniture and vehicles24---€722€602€481€361€939▲ 160%
Financial fixed assets28€1,000€721€721€721€721€296€296--
Current assets29/58€85,370€172,499€124,655€124,909€122,320€102,377€108,554€104,198▼ 4.0%
Stocks and contracts in progress3€8,357€18,480€23,302€28,378€32,737€27,621€22,784€19,284▼ 15.4%
Stocks30/36---€28,378€32,737€27,621€22,784€19,284▼ 15.4%
Amounts receivable within one year40/41€50,365€109,981€76,205€86,320€69,210€73,807€83,373€67,535▼ 19.0%
Trade receivables40---€84,295€64,282€65,440€63,029€67,101▲ 6.5%
Other amounts receivable41---€2,025€4,927€8,367€20,344€433▼ 97.9%
Cash at bank and in hand54/58€26,537€44,038€12,627€10,211€20,373€226€192€17,379▲ 91×
Deferred charges and accrued income490/1-----€724€2,205--
Equity and liabilities
Total equity and liabilities10/49€194,923€280,292€231,029€230,409€226,947€205,705€211,009€206,893▼ 2.0%
Equity10/15€50,293€72,462€53,408€75,157€77,779€80,076€76,614€64,205▼ 16.2%
Contributions10/11€18,600€18,600-€18,600€18,600€20,460€20,460€20,460=
Reserves13-€22,169€22,169€43,918€46,540€46,977€46,977€34,568▼ 26.4%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€42,058€44,680€46,977€46,977€34,568▼ 26.4%
Profit (loss) carried forward14€31,693€31,693€12,639€12,639€12,639€12,639€9,176€9,176=
Amounts payable17/49€144,629€207,830€177,622€155,253€149,168€125,629€134,395€142,689▲ 6.2%
Amounts payable after more than one year17€106,065€100,689€95,229€89,684€90,001€83,877€83,877€71,339▼ 14.9%
Financial debts170/4---€89,684€90,001€83,877€83,877€71,339▼ 14.9%
Amounts payable within one year42/48€38,065€107,141€82,393€65,569€59,167€41,753€50,518€71,349▲ 41.2%
Current portion of amounts payable after more than one year42---€5,545€6,030€6,252€4,370€6,317▲ 44.6%
Financial debts43----€30,000€30,000€32,452€30,000▼ 7.6%
Credit institutions430/8----€30,000€30,000€32,452€30,000▼ 7.6%
Trade debts44€12,580€53,551€46,161€30,359€13,399€1,899€8,807€27,716▲ 215%
Suppliers440/4---€30,359€13,399€1,899€8,807€27,716▲ 215%
Advances received on contracts in progress46---€16,651€650----
Taxes, remuneration and social security45---€13,015€9,087€3,602€4,890€7,202▲ 47.3%
Taxes450/3---€4,286€5,952€2,884€3,302€7,202▲ 118%
Remuneration and social security454/9---€8,729€3,136€718€1,588--
Other amounts payable47/48-------€113-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,947€22,169-€19,055€21,749€2,622€2,297-€3,462€7,900-
+ Depreciation and write-downs630€3,810€3,505€2,719€874€873€873€873€985▲ 12.8%
Operating cash flow (approximation)€16,757€25,673-€16,335€22,623€3,496€3,171-€2,589€8,885-
Investment in fixed assets (approximation)--€1,745-€1,300€0€0€425€0-€1,225-
Change in cash-€17,501-€31,411-€2,415€10,162-€20,148-€34€17,187-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-06-2026 2026-00196616 NBB
31-12-2024 micro format 09-07-2025 2025-00247671 PDF
31-12-2023 micro format 31-07-2024 2024-00319778 PDF
31-12-2022 micro format 31-07-2023 2023-00291921 PDF
31-12-2021 micro format 17-08-2022 2022-20299098 PDF
31-12-2020 micro format 31-08-2021 2021-62000342 PDF
31-12-2019 micro format 26-08-2020 2020-47100435 PDF
31-12-2018 micro format 25-06-2019 2019-22700124 PDF

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,407. 13,499 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.