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BELGRICO

Active
Private limited company (pre-2019)founded 1997active for 28 yearsVlaanderenlaan 19, 1700 Dilbeek, BelgiumKBO/BCE: BE 0461.949.731
Summary

BELGRICO has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90,573 and a net result of -€1,360. Equity has been growing by about 7.9% per year since 2018. Its solvency ranks better than 95% of 9,396 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-11-1997 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.084.386.181 1700 Dilbeek, since 28-11-1997
Financial year end
31 December
Peppol
Reachable since 10-01-2025

Board and ownership

Board
  • De Smet BartDirector
  • De Smet GuyDirector
  • DE WACHTER PATRICKDirector

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
-€1,126
▲ 64.8%
Loss
€1,360
▼ 57.0%
Equity
€90,573
▼ 1.5%
Total assets
€90,603
▼ 1.7%
  • 2025 accounts filed 27 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €90,603lowers riskLiquidity: current ratio 3020.09, cash €21,351Founded in 1997Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 100.0% of total assets
Liquidity 79-11
short-term debt 0.0% · cash 23.6%
Profitability 34+5
return on assets -1.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.1%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%▼ -0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Short-term debt is 0% and cash 23.6% of total assets. 0% of the assets are financed with debt and provisions.
Calculation

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 92% of them on solvency, 83% on liquidity, 21% on profitability and 33% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3020.09, cash €21,351
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €90,603
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
15 days early
2023
33 days early
2022
13 days early
2021
31 days late
2020
16 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€1,360 View
  • Positive: Higher solvency than 95% of companies in construction of buildingssector median 42.9% · 9,396 companies 100.0% View

Recent changes

  1. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as BELGRICO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €82,000 and €105,000, founded between 1995 and 1999.

CompanyTotal assetsGross margin
BELGRICO Dilbeek€90,603-€1,126
SUNXENERGY Sint-Genesius-Rode€82,024-€72,008
D EN D Aalter€94,034-€25,827
AANNEMINGEN FOQUE KEVIN Sint-Katelijne-Waver€85,451-€27,745
LUNA-IMMO Liège€101,766-€1,582
PIRARD Fléron€100,921-€23,751
OBJECTIF PRO Wavre€104,694-€8,508
Full comparison

Key facts about BELGRICO

What is the company number of BELGRICO?
The company number of BELGRICO is 0461.949.731. The VAT number is the same number with BE in front: BE 0461.949.731.
Where is BELGRICO based?
The registered office is at Vlaanderenlaan 19, 1700 Dilbeek.Company details
What does BELGRICO do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BELGRICO?
The legal form of BELGRICO is Private limited company (pre-2019) (BVBA).
When was BELGRICO founded?
BELGRICO was founded on 24-11-1997.
Is BELGRICO still active?
Yes, BELGRICO is an active enterprise in the KBO register.
What is the turnover of BELGRICO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is BELGRICO profitable?
In financial year 2025, BELGRICO made a loss of €1,360.
Where can I find the annual accounts of BELGRICO?
BELGRICO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELGRICO due?
BELGRICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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