BELCONSTRUCT N.P.
ActiveSummary
BELCONSTRUCT N.P. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64,946 and a net result of -€16,706. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 52% of 1632 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability10▼-71
Solvency73▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.59 in 2023; short-term debt: 51.9% and cash: 0.3% of total assets), and 51.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.1%
Return on assets
-12.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
7 d late
2023
68 d late
2022
59 d late
2021
59 d late
2020
26 d late
2019
32 d late
← 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 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 September (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€64,946▼ 20.5%
2023 · €81,652
Total assets
€135,093▼ 19.4%
2023 · €167,620
Net result
-€16,706
2023 · €16,291
Working capital
-€34,687▲ 0.3%
2023 · -€34,800
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€14,614▲ 701%-€32,405€15,474€22,318▲ 44.2%-€14,051
Net result€9,678within the sector's middle half-€36,325below the sector's middle half€12,355within the sector's middle half€16,291within the sector's middle half▲ 31.9%-€16,706below the sector's middle half
Equity€89,330within the sector's middle half▲ 12.2%€53,005within the sector's middle half▼ 40.7%€64,861within the sector's middle half▲ 22.4%€81,652within the sector's middle half▲ 25.9%€64,946within the sector's middle half▼ 20.5%
Total assets€198,978within the sector's middle half▲ 2.6%€171,084within the sector's middle half▼ 14.0%€155,780within the sector's middle half▼ 8.9%€167,620within the sector's middle half▲ 7.6%€135,093within the sector's middle half▼ 19.4%
Debt€109,648▼ 4.0%€118,079▲ 7.7%€90,920▼ 23.0%€85,968▼ 5.4%€70,147▼ 18.4%
Working capital-€1,751below the sector's middle half▲ 78.6%-€36,737below the sector's middle half▼ 1,998%-€34,084below the sector's middle half▲ 7.2%-€34,800below the sector's middle half▼ 2.1%-€34,687below the sector's middle half▲ 0.3%
Solvency44.9%within the sector's middle half▲ 3.8pp31.0%within the sector's middle half▼ 13.9pp41.6%within the sector's middle half▲ 10.7pp48.7%within the sector's middle half▲ 7.1pp48.1%within the sector's middle half▼ 0.6pp
Current ratio0.96below the sector's middle half▲ 0.120.48below the sector's middle half▼ 0.480.52below the sector's middle half▲ 0.040.59below the sector's middle half▲ 0.070.51below the sector's middle half▼ 0.09
Return on assets (ROA)4.9%within the sector's middle half▲ 6.7pp-21.2%below the sector's middle half▼ 26.1pp7.9%within the sector's middle half▲ 29.2pp9.7%within the sector's middle half▲ 1.8pp-12.4%below the sector's middle half▼ 22.1pp
Staff (FTE)1within the sector's middle half=11=1=
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €14,051 after €22,318 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135,093
Fixed assets
€99,633 ▼ 14.7%
Current assets
€35,460 ▼ 30.2%
Equity and liabilities €135,093
Equity
€64,946 ▼ 20.5%
Debt
€70,147 ▼ 18.4%
Debt's share of the balance-sheet total rises from 51.3% to 51.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,110▼
2023 · €38,692
Cash flow
€456▼
2023 · €32,666
Debt to equity
1.08▲
2023 · 1.05
ROE
-25.7%▼
2023 · 20.0%
Interest coverage
0.82▼
2023 · 12.64
Debt ≤ 1 year
€70,147▼
2023 · €85,625
Income taxes
-€1,119▼
2023 · €3,000
Staff costs
€53,069▲
2023 · €29,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 5,834 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,400 | €42,678 | €29,022 | €53,069 | ▲ 82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,276 | €24,276 | €22,588 | €16,374 | €17,161 | ▲ 4.8% |
| Other operating charges640/8 | - | €2,328 | €2,377 | €2,598 | €3,106 | ▲ 19.5% |
| Gross operating margin9900 | €78,120 | €1,599 | €83,117 | €70,313 | €59,285 | ▼ 15.7% |
| Operating profit (loss)9901 | €14,614 | -€32,405 | €15,474 | €22,318 | -€14,051 | ▼ 163% |
| Financial income75/76B | - | €4 | €58 | €35 | €1 | ▼ 97.2% |
| Recurring financial income75 | €160 | €4 | €58 | €35 | €1 | ▼ 97.2% |
| Financial charges65/66B | - | €3,924 | €3,677 | €3,062 | €3,775 | ▲ 23.3% |
| Recurring financial charges65 | €4,596 | €3,924 | €3,677 | €3,062 | €3,775 | ▲ 23.3% |
| Profit (loss) for the period before taxes9903 | €10,178 | -€36,325 | €11,855 | €19,291 | -€17,825 | ▼ 192% |
| Income taxes67/77 | €500 | - | -€500 | €3,000 | -€1,119 | ▼ 137% |
| Profit (loss) for the period9904 | €9,678 | -€36,325 | €12,355 | €16,291 | -€16,706 | ▼ 203% |
| Profit (loss) for the period to be appropriated9905 | €9,678 | -€36,325 | €12,355 | €16,291 | -€16,706 | ▼ 203% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €198,978 | €171,084 | €155,780 | €167,620 | €135,093 | ▼ 19.4% |
| Fixed assets21/28 | €161,756 | €137,480 | €119,032 | €116,795 | €99,633 | ▼ 14.7% |
| Tangible fixed assets22/27 | €161,706 | €137,430 | €118,982 | €116,745 | €99,583 | ▼ 14.7% |
| Land and buildings22 | - | €116,656 | €102,044 | €101,468 | €93,744 | ▼ 7.6% |
| Plant, machinery and equipment23 | - | €1,495 | €3,230 | €4,803 | €3,236 | ▼ 32.6% |
| Furniture and vehicles24 | - | €19,279 | €13,707 | €10,474 | €2,603 | ▼ 75.1% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €37,222 | €33,604 | €36,749 | €50,825 | €35,460 | ▼ 30.2% |
| Amounts receivable within one year40/41 | €34,844 | €33,523 | €29,536 | €46,191 | €35,071 | ▼ 24.1% |
| Trade receivables40 | - | €22,169 | €13,158 | €29,871 | €20,479 | ▼ 31.4% |
| Other amounts receivable41 | - | €11,353 | €16,379 | €16,320 | €14,592 | ▼ 10.6% |
| Current investments50/53 | €12 | €4 | - | €4 | - | - |
| Cash at bank and in hand54/58 | €2,366 | €77 | €7,212 | €4,630 | €389 | ▼ 91.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €198,978 | €171,084 | €155,780 | €167,620 | €135,093 | ▼ 19.4% |
| Equity10/15 | €89,330 | €53,005 | €64,861 | €81,652 | €64,946 | ▼ 20.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,100 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,100 | €18,600 | - | - |
| Issued capital100 | - | €18,600 | €18,100 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €68,870 | €32,545 | €44,901 | €61,192 | €44,486 | ▼ 27.3% |
| Amounts payable17/49 | €109,648 | €118,079 | €90,920 | €85,968 | €70,147 | ▼ 18.4% |
| Amounts payable after more than one year17 | €70,676 | €47,739 | €20,087 | €339 | - | - |
| Financial debts170/4 | - | €47,739 | €20,087 | €339 | - | - |
| Amounts payable within one year42/48 | €38,973 | €70,340 | €70,833 | €85,625 | €70,147 | ▼ 18.1% |
| Current portion of amounts payable after more than one year42 | - | €22,838 | €26,250 | €23,607 | €1,735 | ▼ 92.6% |
| Financial debts43 | - | €2,916 | €1,011 | €933 | €3,328 | ▲ 257% |
| Credit institutions430/8 | - | €2,916 | €1,011 | €933 | €3,328 | ▲ 257% |
| Trade debts44 | €512 | €11,941 | €1,676 | €27,975 | €11,557 | ▼ 58.7% |
| Suppliers440/4 | - | €11,941 | €1,676 | €27,975 | €11,557 | ▼ 58.7% |
| Taxes, remuneration and social security45 | - | €219 | €10,915 | €4,305 | €11,707 | ▲ 172% |
| Taxes450/3 | - | €100 | €3,731 | €1,833 | €409 | ▼ 77.7% |
| Remuneration and social security454/9 | - | €120 | €7,184 | €2,472 | €11,298 | ▲ 357% |
| Other amounts payable47/48 | - | €32,425 | €30,980 | €28,804 | €41,819 | ▲ 45.2% |
| Accrued charges and deferred income492/3 | - | - | - | €4 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,678 | -€36,325 | €12,355 | €16,291 | -€16,706 | ▼ 203% |
| + Depreciation and write-downs630 | €24,276 | €24,276 | €22,588 | €16,374 | €17,161 | ▲ 4.8% |
| Operating cash flow (approximation) | €33,954 | -€12,049 | €34,944 | €32,666 | €456 | ▼ 98.6% |
| Investment in fixed assets (approximation) | - | €0 | -€4,140 | -€14,137 | €0 | ▲ 100% |
| Change in cash | - | -€2,290 | €7,135 | -€2,582 | -€4,242 | ▼ 64.3% |
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
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Highest result since 2018net €16,291 ▲31.9%
Operating result €22,318, net result €16,291, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Back to profitnet €12,355
Net result €12,355 after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Weakest financial yearnet -€36,325
Net result drops to -€36,325, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €9,678
Net result €9,678 after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
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, Amay · 1 establishment unit since 2004
Ground area
702 m²
Building footprint
66 m²
Volume, LiDAR
767 m³
Parcel 61003B0096/00F002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BELCONSTRUCT N.P.
since 20042.134.396.116
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61003B0096/00F002 | Wallonia | 702 m² | 1 · 66 m² | 7.5 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.
Recognitions · licences · registrations
Recognised contractor
9 categoriesBELCONSTRUCT N.P. SRL41623
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Of 174 companies in sector 33190 we hold annual accounts for 62. 49 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
Founded28-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
33190Repair, maintenance and installation of machinery and equipment
43990Other specialised construction activities
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861918343
Also
9925:BE0861918343
Registered
24-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.