Skip to content

BESIX Unitec

Active
Public limited companyfounded 1956active for 70 yearsSteenwinkelstraat 640, 2627 Schelle, Belgium38 active companies are registered at this addressKBO/BCE: BE 0404.627.679
Summary

BESIX Unitec has been active since 1956 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29.2m and a net result of €2.3m. Equity is growing by about 7.3% per year across the filed financial years. Its solvency ranks better than 23% of 376 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
Largest employer in the province of Antwerp, Civil engineering sector2 sites
Size
€180.6mturnover 2025
Staff
546.5 FTE
Equity
€29.2m
Profit
€2.3m
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
BESIX Group · 100%
Holdings
7
  • GACCODirector · permanent representative Geert Aelbrecht
  • MANANGALIDirector · permanent representative Bart Verhulst
Auditor: DELOITTE Bedrijfsrevisoren BVAccounts 38 days early3 of 35 deeds read
Why 84raises riskEquity €29.2m (23.1% of total assets)Sector: Civil engineering (NACE 42)Liquidity: current ratio 1.04, cash €9.5mlowers riskSize: turnover €180.6m, 546.5 FTE, total assets €126.2mShow the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 42, large)
Financial strength · tick = 2024
Weak
Solvency 48+1
equity 23.1% of total assets
Liquidity 20-1
short-term debt 73.2% · cash 7.6%
Profitability 47+8
return on assets 1.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (34 companies, NACE 42, large)
Last 24 months 11-2024: 0.7%highest value 12-2024: 0.7%● unchanged vs 11-2024highest value 01-2025: 0.7%● unchanged vs 12-2024highest value 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.4 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €2,450,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.0 in 2024, below the usual 1.5; short-term debt: 73.2% and cash: 7.6% of total assets), and 76.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 42, large): better than 35% on solvency, 26% on liquidity, 38% on profitability and 57% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €29.2m (23.1% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €180.6m, 546.5 FTE, total assets €126.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
raises risk · Liquidity: current ratio 1.04, cash €9.5m
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 376 sector peers (2025).
NBB · sector comparison
Position among 376 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
55 days early
2023
33 days early
2022
41 days early
2021
37 days early
2020
38 days early
2019
36 days early
← 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 40 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% 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 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointments: Deloitte Bedrijfsrevisoren BV (statutory auditor)…Resignation: Bart Verhulst (director) ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Result rose in 2025from €908,219 to €2.3m ▲ 149% View
  • Positive: Largest employer in the province of Antwerp, Civil engineering sectorin the Checked rankings No. 1 View
  • Positive: 7 years of growth in a rowturnover 2025: €180.6m 7 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by BESIX Groupthe company in turn controls 5 companies 100% View
  • Active since 1956founded 28-09-1956 70 years View
  • Merger with APPERMONT GEBROEDERSmerger on 01-01-2024 2024 View
  • Flemish supportawarded from 2022 to 2025 €316,532 View

By topic

Financials

Financial year
2025
Turnover
€180.6m
Profit
€2.3m
Solvency
23.1%
Turnover▲ 0.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
BESIX Group · 100%
Auditor
DELOITTE Bedrijfsrevisoren BV
  • GACCODirector
  • MANANGALIDirector
Go to Board & ownership

Network & group

Subsidiaries
5
Holdings
7
Connected companies
5
Mergers and asset contributions
1

7 holdings

Go to Network & group

Timeline

Events
53
Since
1979
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 24-07-2024Resignations: Gabeli srl (director) and Bevafin bvl…
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
28-09-1956
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.