BEPA CONSTRUCTION
ActiveFrom the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
BEPA CONSTRUCTION has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.4m and a net result of €719,995. Equity has been growing by about 19% per year since 2019. Its solvency ranks better than 80% of 95 sector peers (NACE 41, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 01-07-2004 Normal situation
- Legal form
- Private limited company
- Registered office
- Champiomont 599B, 4654 Herve
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.138.647.189 4651 Herve, since 02-08-2004
- Financial year end
- 30 June
- Peppol
- Reachable since 29-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.7m
- ▲ 13.2%
- Turnover
- ≈ €2.9m
- estimated
- Profit
- €719,995
- ▲ 17.5%
- Equity
- €2.4m
- ▲ 15.1%
- Total assets
- €3.5m
- ▲ 11.2%
- Staff
- 6.9 FTE
- ▼ 1.4%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2004Liquidity: current ratio 2.57, cash €684,887Equity €2.4m (68.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 78% of them on solvency, 73% on liquidity, 78% on profitability and 59% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 7 accounts on average 66 days before 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)
Financials · financial year 2026, abbreviated format
Annual accounts 2026
- Financial year ended
- 30-06-2026
- Filed on
- 10-09-2026
- Format
- abbreviated format
- Reference
- 2026-00511443
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result for 2026 is 15% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as BEPA CONSTRUCTION has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BEPA CONSTRUCTION itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 31,368 companies, not a prediction for BEPA CONSTRUCTION. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 21.3% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.005m | €0.004m | €0.02m | €0.01m | ▼ 31.2% |
| Gross operating margin9900 | €0.6m | €1.1m | €1.2m | €1.1m | €1.1m | €1.0m | €1.5m | €1.7m | ▲ 13.2% |
| Operating profit (loss)9901 | €0.08m | €0.6m | €0.6m | €0.4m | €0.5m | €0.4m | €0.8m | €0.9m | ▲ 15.1% |
| Financial income75/76B | - | - | - | €0.005m | €0.003m | €0.03m | €0.05m | €0.05m | ▲ 7.3% |
| Recurring financial income75 | €0.004m | €0.002m | €0.002m | €0.005m | €0.003m | €0.03m | €0.05m | €0.05m | ▲ 7.3% |
| Financial charges65/66B | - | - | - | €0.007m | €0.007m | €0.01m | €0.02m | €0.01m | ▼ 24.5% |
| Recurring financial charges65 | €0.002m | €0.003m | €0.003m | €0.007m | €0.007m | €0.01m | €0.02m | €0.01m | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €0.09m | €0.6m | €0.6m | €0.4m | €0.5m | €0.5m | €0.9m | €1.0m | ▲ 15.5% |
| Income taxes67/77 | €0.03m | €0.2m | €0.2m | €0.08m | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 10.4% |
| Profit (loss) for the period9904 | €0.06m | €0.4m | €0.4m | €0.3m | €0.4m | €0.3m | €0.6m | €0.7m | ▲ 17.5% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €0.3m | €0.3m | ▲ 33.3% |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.4m | €0.4m | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 6.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €1.3m | €1.8m | €2.3m | €2.6m | €2.9m | €3.2m | €3.5m | ▲ 11.2% |
| Fixed assets21/28 | €0.1m | €0.3m | €0.4m | €1.1m | €1.2m | €2.0m | €1.9m | €1.7m | ▼ 10.1% |
| Tangible fixed assets22/27 | €0.1m | €0.3m | €0.4m | €1.1m | €1.2m | €1.5m | €1.5m | €1.6m | ▲ 8.1% |
| Land and buildings22 | - | - | - | €0.8m | €1.0m | €0.9m | €0.9m | €0.8m | ▼ 4.8% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.06m | €0.05m | €0.09m | €0.2m | ▲ 99.1% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.1m | €0.5m | €0.5m | €0.6m | ▲ 15.2% |
| Financial fixed assets28 | €335 | €335 | €200 | €200 | €200 | €0.5m | €0.4m | €0.1m | ▼ 74.1% |
| Current assets29/58 | €0.6m | €1.0m | €1.4m | €1.2m | €1.4m | €0.9m | €1.3m | €1.8m | ▲ 43.4% |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.1m | €0.5m | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 65.8% |
| Trade receivables40 | - | - | - | €0.4m | €0.1m | €0.03m | €0.003m | €0.3m | ▲ 89× |
| Other amounts receivable41 | - | - | - | €0.06m | €0.06m | €0.1m | €0.2m | €0.03m | ▼ 82.9% |
| Current investments50/53 | €0.2m | €0.3m | €0.7m | €0.6m | €0.9m | €0.4m | €0.6m | €0.8m | ▲ 29.5% |
| Cash at bank and in hand54/58 | €0.1m | €0.5m | €0.6m | €0.2m | €0.4m | €0.4m | €0.4m | €0.7m | ▲ 53.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | - | €0.001m | €0.001m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €1.3m | €1.8m | €2.3m | €2.6m | €2.9m | €3.2m | €3.5m | ▲ 11.2% |
| Equity10/15 | €0.4m | €0.7m | €1.1m | €1.3m | €1.6m | €1.8m | €2.1m | €2.4m | ▲ 15.1% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.7m | €1.0m | €1.3m | €1.6m | €1.8m | €2.0m | €2.4m | ▲ 15.6% |
| Tax-exempt reserves132 | - | - | - | - | - | - | €0.3m | €0.6m | ▲ 133% |
| Distributable reserves133 | - | - | - | €1.3m | €1.6m | €1.8m | €1.8m | €1.8m | ▼ 1.0% |
| Profit (loss) carried forward14 | €0.009m | €0.009m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 5.9% |
| Investment grants15 | - | - | - | - | - | €0.002m | €0.03m | €0.03m | ▼ 10.4% |
| Amounts payable17/49 | €0.4m | €0.6m | €0.7m | €0.9m | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 3.6% |
| Amounts payable after more than one year17 | €0.04m | €0.2m | €0.09m | €0.5m | €0.4m | €0.6m | €0.5m | €0.4m | ▼ 19.1% |
| Financial debts170/4 | - | - | - | €0.5m | €0.4m | €0.6m | €0.5m | €0.4m | ▼ 19.1% |
| Amounts payable within one year42/48 | €0.3m | €0.5m | €0.6m | €0.5m | €0.5m | €0.5m | €0.6m | €0.7m | ▲ 23.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.06m | €0.09m | €0.1m | €0.1m | ▼ 4.8% |
| Trade debts44 | €0.3m | €0.2m | €0.3m | €0.09m | €0.2m | €0.2m | €0.06m | €0.1m | ▲ 64.8% |
| Suppliers440/4 | - | - | - | €0.09m | €0.2m | €0.2m | €0.06m | €0.1m | ▲ 64.8% |
| Advances received on contracts in progress46 | - | - | - | €0.1m | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.2m | €0.09m | €0.03m | €0.1m | ▲ 226% |
| Taxes450/3 | - | - | - | €0.01m | €0.1m | €0.06m | €473 | €0.07m | ▲ 153× |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 9.4% |
| Other amounts payable47/48 | - | - | - | €0.08m | €0.1m | €0.08m | €0.4m | €0.4m | ▲ 6.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.003m | €0.001m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | €0.4m | €0.4m | €0.3m | €0.4m | €0.3m | €0.6m | €0.7m | ▲ 17.5% |
| + Depreciation and write-downs630 | €0.06m | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 21.3% |
| Operating cash flow (approximation) | €0.1m | €0.5m | €0.5m | €0.5m | €0.6m | €0.5m | €0.9m | €1.0m | ▲ 18.6% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.1m | -€0.8m | -€0.3m | -€1.0m | -€0.1m | -€0.1m | ▲ 28.0% |
| Change in cash | - | €0.4m | €0.1m | -€0.4m | €0.2m | -€0.007m | €0.09m | €0.2m | ▲ 163% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2026 | abbreviated format | 10-09-2026 | 2026-00511443 | NBB |
| 30-06-2025 | full format | 14-10-2025 | 2025-00543088 | |
| 30-06-2024 | full format | 17-12-2024 | 2024-00620303 | |
| 30-06-2023 | full format | 21-12-2023 | 2023-00538785 | |
| 30-06-2022 | full format | 22-12-2022 | 2022-20548471 | |
| 30-06-2021 | full format | 23-12-2021 | 2021-81400416 | |
| 30-06-2020 | full format | 15-12-2020 | 2020-75700195 | |
| 30-06-2019 | full format | 20-12-2019 | 2019-76900347 | |
| 30-06-2018 | full format | 14-12-2018 | 2018-74400410 | |
| 30-06-2017 | full format | 21-12-2017 | 2017-72900307 |
Comparable companies
These companies have the same main activity as BEPA CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.8m and €4m, founded between 1997 and 2007.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| BEPA CONSTRUCTION Herve | 2004 | €3.5m | €2.4m | €1.7m | €0.7m | 6.9 | 2026 |
| AANNEMINGEN ROMAR Brugge | 2006 | €3.4m | €1.3m | €1.5m | €0.3m | 7.8 | 2025 |
| CREATO KEUKENS Kortrijk | 2007 | €3.7m | €2.6m | €1.6m | €0.9m | 5.5 | 2025 |
| WOONINRICHTING MAENHOUT Waregem | 2001 | €3.7m | €2.0m | €1.3m | €0.3m | 9.2 | 2025 |
| BEUSELINCK BOUWONDERNEMING Koekelare | 2003 | €2.8m | €1.4m | €1.1m | €0.3m | 7.5 | 2025 |
| ALL-BOUW Roeselare | 1997 | €4.0m | €1.9m | €1.3m | €0.8m | 6.4 | 2025 |
| THE RENOVATION COMPANY Sint-Pieters-Leeuw | 2000 | €2.8m | €0.7m | €1.4m | €0.3m | 9.6 | 2025 |
They were chosen from the 15,546 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PALM Benoît |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from the directors of BEPA CONSTRUCTION. Every other company they run is a node.
History
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
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 0866.084.591
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63015A0675/00B000indicative | Wallonia | 1.9 ha | - | - |
| 63006A0137/00R000 | Wallonia | 1,413 m² | 1 · 124 m² | 10.9 m · 3 |