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BENDESI

Active
Private limited companyfounded 20215 yrs activeKoningin Astridlaan 49, 1780 Wemmel, BelgiumKBO/BCE: BE 0770.220.976
Summary

The computed 12-month bankruptcy probability of BENDESI is 2.1% (moderate). The 2024 annual accounts show equity of €144,706 and a net result of €96,280. Equity is growing by ~120.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 9975 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+3
Solvency85▲+11
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.44 against 3.55 in 2023; short-term debt: 40.2% and cash: 11.4% of total assets), and 40.2% of the assets are financed with debt.
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Signals

Three 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
17 d early
2023
56 d late
2022
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 June 2021, BENDESI was incorporated as a Private limited company.1 Total assets went from EUR 57,023 in 2022 to EUR 242,141 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€144,706▲ 199%
2023 · €48,426
Total assets
€242,141▲ 145%
2023 · €98,783
Net result
€96,280▲ 328%
2023 · €22,487
Working capital
€139,975▲ 113%
2023 · €65,599
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Line202220232024
Operating result€23,344-€22,550▼ 3.4%€108,591▲ 382%
Net result€22,970within the sector's middle half-€22,487within the sector's middle half▼ 2.1%€96,280above the sector's middle half▲ 328%
Equity€27,970within the sector's middle half-€48,426within the sector's middle half▲ 73.1%€144,706above the sector's middle half▲ 199%
Total assets€57,023below the sector's middle half-€98,783within the sector's middle half▲ 73.2%€242,141within the sector's middle half▲ 145%
Debt€29,053-€50,356▲ 73.3%€97,435▲ 93.5%
Working capital€18,845within the sector's middle half-€65,599within the sector's middle half▲ 248%€139,975above the sector's middle half▲ 113%
Solvency49.1%within the sector's middle half-49.0%within the sector's middle half=59.8%within the sector's middle half▲ 10.7pp
Current ratio1.65within the sector's middle half-3.55above the sector's middle half▲ 1.902.44within the sector's middle half▼ 1.11
Return on assets (ROA)40.3%above the sector's middle half-22.8%above the sector's middle half▼ 17.5pp39.8%above the sector's middle half▲ 17.0pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
€0€50,000€100,000Operating result 2022: €23,344€23,344Net result 2022: €22,970€22,970Operating result 2023: €22,550€22,550Net result 2023: €22,487€22,487Operating result 2024: €108,591€108,591Net result 2024: €96,280€96,280202220232024€0€50,000€100,000Operating result 2022: €23,344€23,300Net result 2022: €22,970€23,000Operating result 2023: €22,550€22,500Net result 2023: €22,487€22,500Operating result 2024: €108,591€109,000Net result 2024: €96,280€96,300202220232024
The operating result recovers in 2024; 2024 is 382% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €242,141
Fixed assets €4,731 ▼ 36.7%
Current assets €237,410 ▲ 160%
Equity and liabilities €242,141
Equity €144,706 ▲ 199%
Debt €97,435 ▲ 93.5%
Debt's share of the balance-sheet total falls from 51.0% to 40.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€112,061▲
2023 · €25,778
Cash flow
€99,749▲
2023 · €25,716
Quick ratio
2.40▼
2023 · 3.41
Debt to equity
0.67▼
2023 · 1.04
ROE
66.5%▲
2023 · 46.4%
Interest coverage
66.67▼
2023 · 127.52
Debt ≤ 1 year
€97,435▲
2023 · €25,713
Income taxes
€10,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€98,783€242,141▲
Fixed assets21/28€7,470€4,731▼
Tangible fixed assets22/27€6,970€4,231▼
Plant, machinery and equipment23€2,501€1,501▼
Furniture and vehicles24€4,469€2,730▼
Financial fixed assets28€500€500=
Current assets29/58€91,313€237,410▲
Stocks and contracts in progress3€3,750€3,750=
Stocks30/36€3,750€3,750=
Amounts receivable within one year40/41€84,848€205,984▲
Trade receivables40€38,825€158,511▲
Other amounts receivable41€46,023€47,473▲
Cash at bank and in hand54/58€2,715€27,676▲
Equity and liabilities
Total equity and liabilities10/49€98,783€242,141▲
Equity10/15€48,426€144,706▲
Contributions10/11€5,000€5,000=
Capital10€5,000-
Issued capital100€5,000-
Profit (loss) carried forward14€43,426€139,706▲
Amounts payable17/49€50,356€97,435▲
Amounts payable within one year42/48€25,713€97,435▲
Trade debts44€25,713€97,435▲
Suppliers440/4€25,713€97,435▲
Accrued charges and deferred income492/3€24,643-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,228€3,470▲
Other operating charges640/8€1,411€3,696▲
Gross operating margin9900€27,190€115,757▲
Operating profit (loss)9901€22,550€108,591▲
Financial income75/76B€140€0▼
Recurring financial income75€140€0▼
Financial charges65/66B€202€1,681▲
Recurring financial charges65€202€1,681▲
Profit (loss) for the period before taxes9903€22,487€106,911▲
Income taxes67/77-€10,631
Profit (loss) for the period9904€22,487€96,280▲
Profit (loss) for the period to be appropriated9905€22,487€96,280▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,426€139,706▲
Profit (loss) brought forward from the previous period14P€20,939€43,426▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,874€3,228€3,470▲ 7.5%
Other operating charges640/8€816€1,411€3,696▲ 162%
Gross operating margin9900€27,035€27,190€115,757▲ 326%
Operating profit (loss)9901€23,344€22,550€108,591▲ 382%
Financial income75/76B€0€140€0▼ 99.9%
Recurring financial income75€0€140€0▼ 99.9%
Financial charges65/66B€374€202€1,681▲ 731%
Recurring financial charges65€374€202€1,681▲ 731%
Profit (loss) for the period before taxes9903€22,970€22,487€106,911▲ 375%
Income taxes67/77--€10,631-
Profit (loss) for the period9904€22,970€22,487€96,280▲ 328%
Profit (loss) for the period to be appropriated9905€22,970€22,487€96,280▲ 328%
Line202220232024Change
Assets
Total assets20/58€57,023€98,783€242,141▲ 145%
Fixed assets21/28€9,125€7,470€4,731▼ 36.7%
Tangible fixed assets22/27€9,125€6,970€4,231▼ 39.3%
Plant, machinery and equipment23€3,500€2,501€1,501▼ 40.0%
Furniture and vehicles24€5,625€4,469€2,730▼ 38.9%
Financial fixed assets28-€500€500=
Current assets29/58€47,898€91,313€237,410▲ 160%
Stocks and contracts in progress3€3,611€3,750€3,750=
Stocks30/36€3,611€3,750€3,750=
Amounts receivable within one year40/41€41,695€84,848€205,984▲ 143%
Trade receivables40€13,893€38,825€158,511▲ 308%
Other amounts receivable41€27,801€46,023€47,473▲ 3.2%
Cash at bank and in hand54/58€2,592€2,715€27,676▲ 919%
Equity and liabilities
Total equity and liabilities10/49€57,023€98,783€242,141▲ 145%
Equity10/15€27,970€48,426€144,706▲ 199%
Contributions10/11€5,000€5,000€5,000=
Capital10€5,000€5,000--
Issued capital100€5,000€5,000--
Profit (loss) carried forward14€22,970€43,426€139,706▲ 222%
Amounts payable17/49€29,053€50,356€97,435▲ 93.5%
Amounts payable within one year42/48€29,053€25,713€97,435▲ 279%
Trade debts44€29,053€25,713€97,435▲ 279%
Suppliers440/4€29,053€25,713€97,435▲ 279%
Accrued charges and deferred income492/3-€24,643--
Line202220232024Change
Profit (loss) for the period9904€22,970€22,487€96,280▲ 328%
+ Depreciation and write-downs630€2,874€3,228€3,470▲ 7.5%
Operating cash flow (approximation)€25,844€25,716€99,749▲ 288%
Investment in fixed assets (approximation)--€1,574-€731▲ 53.6%
Change in cash-€123€24,961▲ 20,243%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €96,280 ▲328%
Operating result €108,591, net result €96,280, both a record.
31-12
Financial Equity above €100,000Eq €144,706 ▲199%
3 profitable years in a row build equity to €144,706.
25-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial Weakest financial yearnet €22,487 ▼2.1%
Net result drops to €22,487, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 3.55
Current ratio from 1.65 to 3.55; short-term debt falls from €29,053 to €25,713.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Wemmel · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,700 m²
Building footprint
672 m²
Volume, LiDAR
7,764 m³
2 parcels, Brussels, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
142 companies at this address See who is registered here
1 establishment unit
BENDESI
Prins Leopoldsquare 4, 1020 BrusselConstruction of residential and non-residential buildings
since 20212.318.912.286
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0408/00S005 Flanders 1,531 m² 1 · 587 m² 13.9 m · 4 fl.
21816C0035/00M006 Brussels 169 m² 1 · 84 m² 14.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 12,710 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
Founded23-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0770220976
Also 9925:BE0770220976
Registered 31-08-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.