BENSOL
ActiveSummary
BENSOL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,614 and a net result of €26,135. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-5
Solvency74▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.96 in 2024; short-term debt: 33.1% and cash: 44% of total assets), but 51.1% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.9%
Return on assets
4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d early
2023
21 d late
2022
16 d late
2021
81 d early
2020
30 d late
2019
62 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 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 16 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€317,614▼ 6.7%
2024 · €340,479
Total assets
€649,440▼ 11.2%
2024 · €731,521
Net result
€26,135▼ 34.4%
2024 · €39,829
Working capital
€228,531▼ 1.2%
2024 · €231,399
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€115,850▲ 54.7%€104,689▼ 9.6%€97,854▼ 6.5%€74,057▼ 24.3%€49,056▼ 33.8%
Net result€65,656above the sector's middle half▲ 45.0%€56,453above the sector's middle half▼ 14.0%€56,622above the sector's middle half▲ 0.3%€39,829above the sector's middle half▼ 29.7%€26,135within the sector's middle half▼ 34.4%
Equity€207,575above the sector's middle half▲ 25.1%€264,028above the sector's middle half▲ 27.2%€300,650above the sector's middle half▲ 13.9%€340,479above the sector's middle half▲ 13.2%€317,614above the sector's middle half▼ 6.7%
Total assets€767,740above the sector's middle half▼ 0.6%€784,257above the sector's middle half▲ 2.2%€763,050above the sector's middle half▼ 2.7%€731,521above the sector's middle half▼ 4.1%€649,440above the sector's middle half▼ 11.2%
Debt€560,165▼ 7.7%€520,228▼ 7.1%€462,400▼ 11.1%€391,041▼ 15.4%€331,826▼ 15.1%
Working capital€138,630above the sector's middle half▲ 53.5%€208,286above the sector's middle half▲ 50.2%€195,601above the sector's middle half▼ 6.1%€231,399above the sector's middle half▲ 18.3%€228,531above the sector's middle half▼ 1.2%
Solvency27.0%within the sector's middle half▲ 5.6pp33.7%within the sector's middle half▲ 6.6pp39.4%within the sector's middle half▲ 5.7pp46.5%within the sector's middle half▲ 7.1pp48.9%within the sector's middle half▲ 2.4pp
Current ratio1.57within the sector's middle half▲ 0.201.85within the sector's middle half▲ 0.281.78within the sector's middle half▼ 0.071.96within the sector's middle half▲ 0.192.06within the sector's middle half▲ 0.10
Return on assets (ROA)8.6%within the sector's middle half▲ 2.7pp7.2%within the sector's middle half▼ 1.4pp7.4%within the sector's middle half▲ 0.2pp5.4%within the sector's middle half▼ 2.0pp4.0%within the sector's middle half▼ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 has fallen four years in a row; 2025 is 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €649,440
Fixed assets
€206,050 ▼ 20.8%
Current assets
€443,390 ▼ 5.9%
Equity and liabilities €649,440
Equity
€317,614 ▼ 6.7%
Debt
€331,826 ▼ 15.1%
Debt's share of the balance-sheet total falls from 53.5% to 51.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€82,938▼
2024 · €143,277
Cash flow
€60,017▼
2024 · €109,049
Debt to equity
1.04▼
2024 · 1.15
ROE
8.2%▼
2024 · 11.7%
Interest coverage
5.68▼
2024 · 8.22
Debt ≤ 1 year
€214,860▼
2024 · €240,015
Debt > 1 year
€116,966▼
2024 · €151,026
Income taxes
€13,245▼
2024 · €19,989
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,341 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% | 1.8% |
| 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 6,048 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €13,000 | - | - | - |
| Remuneration, social security and pensions62 | €885 | €52 | €301 | €1,267 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,580 | €58,476 | €68,391 | €69,220 | €33,882 | ▼ 51.1% |
| Other operating charges640/8 | €5,290 | €7,085 | €5,727 | €6,300 | €6,268 | ▼ 0.5% |
| Non-recurring operating charges66A | €6,340 | €232 | €1,057 | - | €25,873 | - |
| Gross operating margin9900 | €185,945 | €170,535 | €173,331 | €150,844 | €115,078 | ▼ 23.7% |
| Operating profit (loss)9901 | €115,850 | €104,689 | €97,854 | €74,057 | €49,056 | ▼ 33.8% |
| Financial income75/76B | €482 | €444 | €1,755 | €3,186 | €4,934 | ▲ 54.9% |
| Recurring financial income75 | €482 | €444 | €1,755 | €3,186 | €4,934 | ▲ 54.9% |
| Financial charges65/66B | €18,573 | €21,257 | €15,292 | €17,424 | €14,610 | ▼ 16.2% |
| Recurring financial charges65 | €18,573 | €21,257 | €15,292 | €17,424 | €14,610 | ▼ 16.2% |
| Profit (loss) for the period before taxes9903 | €97,759 | €83,876 | €84,318 | €59,818 | €39,380 | ▼ 34.2% |
| Income taxes67/77 | €32,103 | €27,423 | €27,696 | €19,989 | €13,245 | ▼ 33.7% |
| Profit (loss) for the period9904 | €65,656 | €56,453 | €56,622 | €39,829 | €26,135 | ▼ 34.4% |
| Profit (loss) for the period to be appropriated9905 | €65,656 | €56,453 | €56,622 | €39,829 | €26,135 | ▼ 34.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €767,740 | €784,257 | €763,050 | €731,521 | €649,440 | ▼ 11.2% |
| Fixed assets21/28 | €385,245 | €329,688 | €315,503 | €260,107 | €206,050 | ▼ 20.8% |
| Tangible fixed assets22/27 | €385,245 | €329,688 | €315,503 | €260,107 | €206,050 | ▼ 20.8% |
| Land and buildings22 | €383,623 | €328,495 | €270,993 | €221,830 | €175,209 | ▼ 21.0% |
| Plant, machinery and equipment23 | €1,119 | €828 | €351 | €137 | €4,488 | ▲ 3,168% |
| Furniture and vehicles24 | €503 | €366 | €44,159 | €38,139 | €26,353 | ▼ 30.9% |
| Current assets29/58 | €382,495 | €454,568 | €447,547 | €471,414 | €443,390 | ▼ 5.9% |
| Amounts receivable within one year40/41 | €60,918 | €53,647 | €22,335 | €11,565 | €44,723 | ▲ 287% |
| Trade receivables40 | €59,924 | €52,991 | €20,411 | €10,900 | €37,207 | ▲ 241% |
| Other amounts receivable41 | €993 | €656 | €1,924 | €665 | €7,516 | ▲ 1,030% |
| Current investments50/53 | - | €110,000 | €235,000 | €235,000 | €110,000 | ▼ 53.2% |
| Cash at bank and in hand54/58 | €317,992 | €287,811 | €185,558 | €219,786 | €285,692 | ▲ 30.0% |
| Deferred charges and accrued income490/1 | €3,585 | €3,110 | €4,655 | €5,063 | €2,974 | ▼ 41.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €767,740 | €784,257 | €763,050 | €731,521 | €649,440 | ▼ 11.2% |
| Equity10/15 | €207,575 | €264,028 | €300,650 | €340,479 | €317,614 | ▼ 6.7% |
| Contributions10/11 | €19,200 | €19,200 | €19,200 | €19,200 | €19,200 | = |
| Reserves13 | €188,375 | €244,828 | €281,450 | €321,279 | €298,414 | ▼ 7.1% |
| Non-distributable reserves130/1 | €1,920 | €1,920 | - | - | - | - |
| Reserves not available under the articles1311 | €1,920 | €1,920 | - | - | - | - |
| Distributable reserves133 | €186,455 | €242,908 | €281,450 | €321,279 | €298,414 | ▼ 7.1% |
| Amounts payable17/49 | €560,165 | €520,228 | €462,400 | €391,041 | €331,826 | ▼ 15.1% |
| Amounts payable after more than one year17 | €316,300 | €268,169 | €210,454 | €151,026 | €116,966 | ▼ 22.6% |
| Financial debts170/4 | €316,300 | €268,169 | €210,454 | €151,026 | €116,966 | ▼ 22.6% |
| Amounts payable within one year42/48 | €243,865 | €246,282 | €251,946 | €240,015 | €214,860 | ▼ 10.5% |
| Current portion of amounts payable after more than one year42 | €47,952 | €56,060 | €57,715 | €59,427 | €34,060 | ▼ 42.7% |
| Trade debts44 | €20,649 | €9,407 | €18,874 | €6,086 | €3,712 | ▼ 39.0% |
| Suppliers440/4 | €20,649 | €9,407 | €18,874 | €6,086 | €3,712 | ▼ 39.0% |
| Taxes, remuneration and social security45 | €32,301 | €32,760 | €19,460 | €18,203 | €10,936 | ▼ 39.9% |
| Taxes450/3 | €30,751 | €31,210 | €17,910 | €16,653 | €10,936 | ▼ 34.3% |
| Remuneration and social security454/9 | €1,550 | €1,550 | €1,550 | €1,550 | - | - |
| Other amounts payable47/48 | €142,963 | €148,054 | €155,897 | €156,298 | €166,152 | ▲ 6.3% |
| Accrued charges and deferred income492/3 | - | €5,778 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,656 | €56,453 | €56,622 | €39,829 | €26,135 | ▼ 34.4% |
| + Depreciation and write-downs630 | €57,580 | €58,476 | €68,391 | €69,220 | €33,882 | ▼ 51.1% |
| Operating cash flow (approximation) | €123,236 | €114,929 | €125,013 | €109,049 | €60,017 | ▼ 45.0% |
| Investment in fixed assets (approximation) | - | -€2,919 | -€54,206 | -€13,824 | €20,175 | ▲ 246% |
| Change in cash | - | -€30,180 | -€102,254 | €34,228 | €65,907 | ▲ 92.5% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €65,656 ▲45%
Operating result €115,850, net result €65,656, both a record.
31-12
Financial
Equity above €200,000Eq €207,575 ▲25.1%
3 profitable years in a row build equity to €207,575.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €150,000Eq €165,919 ▲37.5%
2 profitable years in a row build equity to €165,919.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
31-12
Financial
Back to profitnet €50,077
Net result €50,077 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €120,628 ▲71%
Equity rises from €70,551 to €120,628.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 2006
Ground area
892 m²
Building footprint
227 m²
Volume, LiDAR
557 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bensol
since 20062.157.458.558
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33037B0572/00N002 | Flanders | 627 m² | 1 · 115 m² | 7.4 m · 2 fl. |
| 33037B0422/00D003 | Flanders | 265 m² | 1 · 112 m² | - |
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.
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Of 4,093 companies in this sector we hold annual accounts for 1,636. 1,163 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43320Joinery installation
43990Other specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0884714135
Also
9925:BE0884714135
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.