BEL-PLACO CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of BEL-PLACO CONSTRUCT is 4.3% (elevated). The 2026 annual accounts show equity of €96k and a net result of €-1k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 61% of 67 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability18▼-49
Solvency85▼-5
Growth52=
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 2.39 against 2.73 in 2025; short-term debt: 40.2% and cash: 8.7% of total assets), and 40.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-09-2026, 50 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
50 d early
2025
15 d early
2024
216 d late
2022
52 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Turnover
€812k
EBIT margin
3.8%
Net result
€-1k▲ 52.0%
2025 · €-2k
2022: €20k
2024: €31k
2025: €-2k
2022 → 2026
Working capital
€90k▼ 1.1%
2025 · €91k
2022: €21k
2024: €96k
2025: €91k
2022 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202420252026Trend
Turnover€812k
Equity€22k-€99k▲ 351%€97k▼ 2.3%€96k▼ 1.1%
Operating result€26k-€31k▲ 22.3%€28k▼ 11.1%€-3k
Net result€20k-€31k▲ 54.1%€-2k€-1k▲ 52.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €3k after €28k in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €160k
Fixed assets
€6k▼ 1.8%
Current assets
€154k▲ 7.7%
Equity and liabilities €160k
Equity
€96k▼ 1.1%
Debt
€64k▲ 22.9%
The debt ratio rises from 35.1% to 40.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2025 · €28k
Cash flow
€-976▲
2025 · €-2k
Solvency
59.8%▼
2025 · 64.9%
Current ratio
2.39▼
2025 · 2.73
Quick ratio
2.39▼
2025 · 2.73
Debt / equity
0.67▲
2025 · 0.54
ROE
-1.1%▲
2025 · -2.3%
ROA
-0.7%▲
2025 · -1.5%
Interest coverage
-5.07▼
2025 · 54.04
Debt
€64k▲
2025 · €52k
Debt ≤ 1 year
€64k▲
2025 · €52k
Income taxes
€441▼
2025 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€149k€160k▲
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€115-
Plant, machinery and equipment23€115-
Financial fixed assets28€6k€6k=
Current assets29/58€143k€154k▲
Amounts receivable within one year40/41€131k€140k▲
Trade receivables40€90k€78k▼
Other amounts receivable41€41k€62k▲
Cash at bank and in hand54/58€11k€14k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€149k€160k▲
Equity10/15€97k€96k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€95k€94k▼
Amounts payable17/49€52k€64k▲
Amounts payable within one year42/48€52k€64k▲
Trade debts44€22k€54k▲
Suppliers440/4€22k€54k▲
Taxes, remuneration and social security45€30k€10k▼
Taxes450/3€19k€441▼
Remuneration and social security454/9€11k€10k▼
Income statement
Code20252026
Non-recurring operating income76A€3k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€266€115▼
Other operating charges640/8€32k€2k▼
Gross operating margin9900€60k€-321▼
Operating profit (loss)9901€28k€-3k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€519€503▼
Recurring financial charges65€519€503▼
Profit (loss) for the period before taxes9903€29k€-650▼
Income taxes67/77€31k€441▼
Profit (loss) for the period9904€-2k€-1k▲
Profit (loss) for the period to be appropriated9905€-2k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€95k€94k▼
Profit (loss) brought forward from the previous period14P€97k€95k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 216 days late
31-03
Financial
Weakest financial yearnet €-2k ▼107%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 2.73
Current ratio from 1.31 to 2.73; short-term debt falls from €308k to €52k.
2024
31-03
Financial
Highest result since 2022net €31k ▲54.1%
Operating result €31k, net result €31k, both a record.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Vorst · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neerstalse Steenweg 3651190 VorstGround area
108 m²
Parcel 21384D0091/00R002, Brussels. Linked by address, not a title deed.
1 establishment unit
BEL PLACO CONSTRUCT
since 20212.322.560.080
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0091/00R002 | Brussels | 108 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0877.480.905
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BE 0669.697.007
Ukkel · Eq €96k
A.T.T.
BE 0830.079.181
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BOUWWERKEN VANDYCKE F & C
BE 0475.310.688
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BOUWONDERNEMING VANGAEVER
BE 0479.146.148
Waregem · Eq €96k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2021
Fiscal year end31-03
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.