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BEETHOVEN CONSTRUCTIE

Active
Public limited companyfounded 1990active for 35 yearsBerglaan(Kok) 16, 8670 Koksijde, BelgiumKBO/BCE: BE 0441.997.524
Summary

BEETHOVEN CONSTRUCTIE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €722,926 and a net result of €473,357. Equity is growing by about 54% per year across the filed financial years. Its solvency ranks better than 56% of 2,707 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001
#4 company by total assets in Koksijde, Construction sector1 site
Size
€1.6mtotal assets 2025
Equity
€722,926
Profit
€473,357
Turnover not published (abbreviated or micro format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 43 days early1 of 7 deeds read
Why 88raises risk1 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €1.6mFigures for financial year 2025 (filed 19-03-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 70+29
equity 44.8% of total assets
Liquidity 33+28
short-term debt 55.1% · cash 9.3%
Profitability 100+68
return on assets 29.4%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,392 companies, NACE 41, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.3 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026highest value 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.1%▼ -0.3 percentage points vs 03-2026 05-2026: 0.3%▲ +0.2 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.81, compared with 1.21 in 2024; short-term debt: 55.1% and cash: 9.3% of total assets), but 55.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 53% on solvency, 28% on liquidity, 91% on profitability and 94% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €1.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 19-03-2026)
NBB · annual accounts
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 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
86 days early
2023
61 days early
2022
130 days early
2021
93 days early
2020
71 days early
2019
134 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 88 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 February (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end11-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Magdalena Franchoo, Marc De Baenst…Reappointment: Erwin Vermeesch (director) ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Back to profitnet €473,357

Key points

  • Positive: Equity rose in 2025from €249,569 to €722,926 ▲ 190% View
  • Caution: Board changedlatest change 02-04-2026 · 2 in office 1 joined · 2 left View
  • Positive: Among the best 5% on net resultsector median €19,511 · 2,701 companies €473,357 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Profit
€473,357
Solvency
44.8%
Total assets▲ 4.5%
Net result
20192025
Go to Financials

Timeline

Events
41
Since
1992
Next accounts
by 30-04-2027
  1. 30-09-2025Equity above €500,000
  2. 03-02-2025Annual accounts filed
  3. 30-09-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
27-11-1990
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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