Equity
BEN CONSTRUCT has made a profit without a break since 2016.
BEN CONSTRUCT has made a profit without a break since 2016.
Green is investment, beige is depreciation.
Latest accounts filed late: after the legal deadline.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 63% of them on solvency, 40% on liquidity, 66% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 34,693 companies had the same profile as BEN CONSTRUCT has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of BEN CONSTRUCT itself: 0.9% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for BEN CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.63 (1.4 in 2024), above the usual 1.5. Short-term debt is 27.5% and cash 7.3% of total assets. 42.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BEN CONSTRUCT Grimbergen | €434,628 | €81,612 | 57.4% | - |
| C.R.S.S. CONSTRUCT Asse | €415,060 | €75,070 | 41.8% | - |
| S.M.O.K. Namur | €437,310 | €80,951 | 63.8% | - |
| CROITOR Berchem-Sainte-Agathe | €434,569 | €90,434 | 42.6% | - |
| VAN & JOHN Brussels | €430,056 | €98,276 | 44.6% | - |
| HLKD SERVICES Herstal | €365,644 | €74,701 | 10.3% | - |
| C TO C HOME CONCEPT Beauvechain | €453,093 | €66,694 | 26.3% | - |
These companies have the same main activity as BEN CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €366,000 and €453,000, founded between 2012 and 2014.
BEN CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €11,533 in 2013 to €81,612 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 62% of 35,136 companies in 2025.
Higher than 44% of 34,510 companies in 2025.
Higher than 63% of 34,711 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
434,628 | 454,976 | 434,142 | 266,473 | 208,373 | 238,905 | 139,534 | 103,750 | 77,020 | 143,983 | 100,108 | 73,934 | 38,565 | |
21/28 |
240,063 | 210,781 | 209,338 | 37,080 | 21,671 | 28,694 | 7,985 | 5,865 | 11,817 | 14,429 | 20,696 | 8,051 | 756 | |
21 |
- | 512 | 1,068 | 1,625 | 2,181 | 2,737 | - | - | - | - | - | - | - | |
22/27 |
239,225 | 209,068 | 207,432 | 34,618 | 18,653 | 25,882 | 7,910 | 5,790 | 11,742 | 14,354 | 20,621 | 7,976 | 756 | |
22 |
102,000 | 102,000 | 102,000 | - | - | - | - | - | - | - | - | - | - | |
23 |
30 | 725 | 1,420 | 1,733 | 3,118 | 6,095 | 7,260 | 1,587 | 2,910 | 1,106 | 1,302 | 667 | - | |
24 |
3,145 | 23,544 | 21,213 | 32,885 | 15,535 | 19,787 | 650 | 0 | 424 | 638 | 2,505 | 7,309 | 756 | |
27 |
134,051 | 82,799 | 82,799 | - | - | - | - | - | - | - | - | - | - | |
28 |
837 | 1,201 | 837 | 837 | 837 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | - | |
29/58 |
194,565 | 244,195 | 224,805 | 229,393 | 186,702 | 210,211 | 131,549 | 97,884 | 65,203 | 129,554 | 79,412 | 65,883 | 37,809 | |
3 |
- | - | - | - | 4,530 | - | - | - | 2,529 | - | - | - | - | |
30/36 |
- | - | - | - | 4,530 | - | - | - | 2,529 | - | - | - | - | |
40/41 |
161,190 | 161,001 | 163,766 | 119,003 | 119,301 | 188,641 | 84,468 | 86,410 | 53,313 | 117,990 | 75,595 | 51,736 | 27,101 | |
40 |
123,326 | 77,188 | 75,569 | 44,164 | 64,119 | 84,707 | 44,131 | 75,283 | 37,450 | 115,526 | 65,437 | 50,017 | 26,319 | |
41 |
37,864 | 83,813 | 88,197 | 74,838 | 55,182 | 103,934 | 40,336 | 11,126 | 15,863 | 2,464 | 10,158 | 1,719 | 782 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | 10,708 | |
54/58 |
31,722 | 63,160 | 41,839 | 87,366 | 37,001 | 20,409 | 45,756 | 11,094 | 8,386 | 9,664 | 1,576 | 13,705 | - | |
490/1 |
1,653 | 20,034 | 19,200 | 23,024 | 25,870 | 1,161 | 1,325 | 381 | 974 | 1,900 | 2,241 | 442 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
434,628 | 454,976 | 434,142 | 266,473 | 208,373 | 238,905 | 139,534 | 103,750 | 77,020 | 143,983 | 100,108 | 73,934 | 38,565 | |
10/15 |
249,461 | 217,319 | 183,823 | 130,110 | 108,634 | 108,858 | 73,597 | 59,337 | 53,372 | 46,312 | 22,813 | 22,888 | 12,310 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
46,860 | 21,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
133 |
45,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
196,401 | 189,259 | 175,763 | 122,050 | 100,574 | 100,798 | 65,537 | 51,277 | 45,312 | 38,252 | 14,753 | 14,828 | 4,250 | |
17/49 |
185,167 | 237,657 | 250,319 | 136,363 | 99,739 | 130,047 | 65,937 | 44,413 | 23,648 | 97,671 | 77,295 | 51,046 | 26,255 | |
17 |
55,977 | 63,234 | 70,172 | - | - | - | - | 3,063 | 6,614 | 9,776 | 13,442 | - | - | |
170/4 |
55,977 | 63,234 | 70,172 | - | - | - | - | 3,063 | 6,614 | 9,776 | 13,442 | - | - | |
42/48 |
119,710 | 174,423 | 180,147 | 136,363 | 99,739 | 130,047 | 65,937 | 41,350 | 17,033 | 87,895 | 63,115 | 50,561 | 25,621 | |
42 |
7,256 | 6,938 | 6,625 | - | - | - | 2,838 | 3,551 | 3,174 | 3,666 | 3,666 | - | - | |
44 |
60,721 | 50,964 | 10,741 | 77,498 | 50,596 | 106,565 | 49,551 | 25,506 | 1,080 | 75,047 | 44,186 | 34,570 | 11,161 | |
440/4 |
60,721 | 50,964 | 10,741 | 77,498 | 50,596 | 106,565 | 49,551 | 25,506 | 1,080 | 75,047 | 44,186 | 34,570 | 11,161 | |
46 |
- | 35,000 | 73,850 | - | - | - | - | - | - | - | 3,180 | - | 6,198 | |
45 |
31,733 | 61,520 | 58,931 | 28,864 | 24,143 | 23,482 | 13,547 | 12,292 | 12,779 | 9,182 | 12,083 | 15,991 | 8,262 | |
450/3 |
28,141 | 34,474 | 36,844 | 18,519 | 24,143 | 23,482 | 13,547 | 9,192 | 12,779 | 9,182 | 5,380 | 8,482 | 3,160 | |
454/9 |
3,592 | 27,046 | 22,087 | 10,345 | - | - | - | 3,100 | - | - | 6,703 | 7,509 | 5,102 | |
47/48 |
20,000 | 20,000 | 30,000 | 30,000 | 25,000 | - | - | - | - | - | - | - | - | |
492/3 |
9,480 | - | - | - | - | - | - | - | - | - | 738 | 485 | 634 | |
| Income statement | ||||||||||||||
70 |
- | - | - | - | - | 622,437 | 458,307 | - | - | 156,541 | 170,491 | 355,837 | 101,970 | |
9900 |
81,612 | 112,154 | 169,478 | 95,973 | 40,662 | 50,947 | 34,172 | 27,054 | 19,055 | 42,554 | 10,825 | 21,283 | 11,533 | |
60/61 |
- | - | - | - | - | 571,490 | 424,135 | - | - | 113,987 | 159,666 | 334,554 | 90,437 | |
62 |
- | 21,229 | 26,455 | 17,682 | - | - | - | - | - | - | - | - | - | |
630 |
11,419 | 18,813 | 15,696 | 10,230 | 8,676 | 5,841 | 7,565 | 5,957 | 6,929 | 7,846 | 10,445 | 4,266 | 252 | |
640/8 |
2,475 | 1,997 | 16,670 | 3,602 | 3,006 | 2,316 | 7,070 | 9,996 | 962 | 550 | 202 | 737 | 1,349 | |
9901 |
67,718 | 70,115 | 110,656 | 64,459 | 28,980 | 42,789 | 19,538 | 11,101 | 11,164 | 34,158 | 178 | 16,280 | 9,932 | |
75/76B |
2,713 | 1 | 2,063 | 3,306 | 4,391 | 6,260 | 1,833 | 922 | 477 | 9 | 154 | - | - | |
75 |
1,621 | 1 | 2,063 | 3,306 | 4,391 | 6,260 | 1,833 | 922 | 477 | 9 | 154 | - | - | |
76B |
1,092 | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
3,149 | 3,620 | 2,532 | 789 | 612 | 603 | 812 | 310 | 1,138 | 1,011 | 349 | 380 | 663 | |
65 |
3,149 | 3,620 | 2,532 | 789 | 612 | 603 | 812 | 310 | 1,138 | 1,011 | 349 | 380 | 663 | |
9903 |
67,282 | 66,496 | 110,187 | 66,976 | 32,759 | 48,445 | 20,559 | 11,713 | 10,503 | 33,156 | -17 | 15,900 | 9,269 | |
67/77 |
15,141 | 13,000 | 26,474 | 15,500 | 7,983 | 13,184 | 6,298 | 5,749 | 3,443 | 9,657 | 58 | 5,322 | 3,159 | |
9904 |
52,141 | 53,496 | 83,713 | 51,476 | 24,776 | 35,261 | 14,261 | 5,964 | 7,060 | 23,499 | -75 | 10,578 | 6,110 | |
9905 |
52,141 | 53,496 | 83,713 | 51,476 | 24,776 | 35,261 | 14,261 | 5,964 | 7,060 | 23,499 | -75 | 10,578 | 6,110 | |
| Appropriation of the result | ||||||||||||||
9906 |
241,401 | 229,259 | 205,763 | 152,050 | 125,574 | 100,798 | 65,537 | 51,277 | 45,312 | 38,252 | 14,753 | 14,828 | 6,110 | |
14P |
189,259 | 175,763 | 122,050 | 100,574 | 100,798 | - | - | - | - | - | - | - | - | |
691/2 |
25,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
25,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
20,000 | 20,000 | 30,000 | 30,000 | 25,000 | - | - | - | - | - | - | - | - | |
694 |
- | - | 30,000 | 30,000 | 25,000 | - | - | - | - | - | - | - | - | |
695 |
20,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
- | 1 | - | 0.7 | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
- | 1,415 | - | 936 | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-10-2026.
2025 annual accounts filed 77 days after the deadline. Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00561115.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-10-2026 | 2026-00561115 | |
| 31-12-2024 | micro format | 03-11-2025 | 2025-00563011 | |
| 31-12-2023 | micro format | 12-08-2024 | 2024-00339931 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00391572 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20245617 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38800400 | |
| 31-12-2019 | micro format | 18-09-2020 | 2020-54000207 | |
| 31-12-2018 | micro format | 03-09-2019 | 2019-62700186 | |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65700285 | |
| 31-12-2016 | full format | 30-09-2017 | 2017-65900483 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-63800279 | |
| 31-12-2014 | full format | 09-03-2016 | 2016-06200162 | |
| 31-12-2013 | full format | 10-04-2014 | 2014-09000173 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 79,137 | 88,928 | 126,352 | 74,688 | 37,656 | 48,630 | 27,102 | 17,059 | 18,094 | 42,004 | 10,623 | 20,546 | 10,184 | ||
| 63,560 | 72,309 | 99,409 | 61,706 | 33,452 | 41,102 | 21,825 | 11,922 | 13,989 | 31,345 | 10,370 | 14,844 | 6,362 | ||
| 51,252 | 20,257 | 187,954 | 25,639 | 1,653 | 26,551 | 9,684 | 431 | 4,317 | 1,579 | 23,090 | 11,561 | 1,008 | ||
| -31,439 | 21,322 | -45,527 | 50,365 | 16,592 | -25,347 | 34,662 | 2,707 | -1,278 | 8,088 | -12,129 | - | - | ||
| 74,855 | 69,772 | 44,657 | 93,030 | 86,963 | 80,164 | 65,612 | 56,535 | 48,170 | 41,659 | 16,297 | 15,322 | 12,188 | ||
| - | - | - | - | - | 6.9% | 4.3% | - | - | 21.8% | 0.1% | 4.6% | 9.7% | ||
| 57.4% | 47.8% | 42.3% | 48.8% | 52.1% | 45.6% | 52.7% | 57.2% | 69.3% | 32.2% | 22.8% | 31.0% | 31.9% | ||
| 1.63 | 1.40 | 1.25 | 1.68 | 1.87 | 1.62 | 2.00 | 2.37 | 3.83 | 1.47 | 1.26 | 1.30 | 1.48 | ||
| 1.63 | 1.40 | 1.25 | 1.68 | 1.83 | 1.62 | 2.00 | 2.37 | 3.68 | 1.47 | 1.26 | 1.30 | 1.48 | ||
| 0.74 | 1.09 | 1.36 | 1.05 | 0.92 | 1.19 | 0.90 | 0.75 | 0.44 | 2.11 | 3.39 | 2.23 | 2.13 | ||
| 20.9% | 24.6% | 45.5% | 39.6% | 22.8% | 32.4% | 19.4% | 10.1% | 13.2% | 50.7% | -0.3% | 46.2% | 49.6% | ||
| 12.0% | 11.8% | 19.3% | 19.3% | 11.9% | 14.8% | 10.2% | 5.7% | 9.2% | 16.3% | -0.1% | 14.3% | 15.8% | ||
| 25.13 | 24.57 | 49.91 | 94.61 | 61.56 | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 50 days | 35 days | - | - | 269 days | 140 days | 51 days | 94 days | ||
| - | - | - | - | - | 68 days | 43 days | - | - | 240 days | 101 days | 38 days | 45 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | - |
| part-time | - | 1 |
| in full-time equivalents | 1 | 0.8 |
| 1 | 0.5 | |
| On a permanent contract | 1 | 1 |
| Joined | - | 1 |
Source: social balance sheet in the 2022 to 2024 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €51,252 | €19,893 | €187,954 | €25,639 | €891 |
| Financial fixed assets | - | €363 | - | - | €762 |
| €11,419 | €18,813 | €15,696 | €10,230 | €8,676 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 3% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 52.2% to 42.6%. Equity is higher and debt is lower.
BEN CONSTRUCT has no parent and no holdings in its annual accounts.
| REUT & FILS
registered office since 13-08-2020 · founded in 2020 |
total assets €298,561 (2025) 0752.565.590 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Lintkasteelstraat 38 registered office 1850 Grimbergen 4312001 Site preparation | 04-04-2013 | 2.218.641.309 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23025C0022/00H000 | 850 m² | 1 · 167 m² | 9.5 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0521.933.838
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