BEST CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BEST CONSTRUCT is 1.9% (moderate). The 2024 annual accounts show equity of €174,454 and a net result of €4,511. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 33% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- ≈ 5 FTE, estimated
- Equity
- €174,454
- Profit
- €4,511
- BEVELACQUA FrancescoDirector
Why 53raises riskFigures for financial year 2024 (filed 28-08-2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 1993Size: total assets €662,595Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro): better than 33% on solvency, 12% on liquidity, 18% on profitability and 42% on growth.
The bankruptcy probability was computed on 29-10-2026 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).
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Signals
This company filed its last 6 accounts on average 117 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €3,131 after €37,677 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,685 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €174,523 | €376,858 | €257,574 | €297,721 | ▲ 15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,402 | €27,051 | €27,119 | €13,791 | €4,005 | €6,925 | €9,749 | ▲ 40.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €170,722 | - |
| Other operating charges640/8 | - | - | - | €53,572 | €4,175 | €4,043 | €20,766 | ▲ 414% |
| Non-recurring operating charges66A | - | - | - | €457 | €10,000 | €7,453 | €6,704 | ▼ 10.1% |
| Gross operating margin9900 | €586,463 | €554,481 | €606,216 | €212,745 | €420,858 | €313,673 | €502,531 | ▲ 60.2% |
| Operating profit (loss)9901 | -€32,119 | €26,781 | €257,428 | -€29,598 | €25,821 | €37,677 | -€3,131 | - |
| Financial income75/76B | - | - | - | €10,023 | €9,916 | €9,883 | €20,238 | ▲ 105% |
| Recurring financial income75 | €21,570 | €25,387 | €42,335 | €10,023 | €9,916 | €9,883 | €20,238 | ▲ 105% |
| Financial charges65/66B | - | - | - | €10,040 | €3,001 | €1,834 | €8,113 | ▲ 342% |
| Recurring financial charges65 | €1,610 | €48,595 | €2,906 | €10,040 | €3,001 | €1,834 | €8,113 | ▲ 342% |
| Profit (loss) for the period before taxes9903 | -€12,159 | €3,573 | €296,857 | -€29,615 | €32,736 | €45,725 | €8,994 | ▼ 80.3% |
| Income taxes67/77 | €9,106 | €3,387 | €75,000 | €5,082 | €42,247 | €13,663 | €4,483 | ▼ 67.2% |
| Profit (loss) for the period9904 | -€21,265 | €186 | €221,857 | -€34,697 | -€9,511 | €32,062 | €4,511 | ▼ 85.9% |
| Profit (loss) for the period to be appropriated9905 | -€21,265 | €186 | €221,857 | -€34,697 | -€9,511 | €32,062 | €4,511 | ▼ 85.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €658,424 | €721,398 | €752,716 | €585,461 | €972,257 | €824,913 | €662,595 | ▼ 19.7% |
| Fixed assets21/28 | €71,403 | €45,223 | €18,104 | €5,219 | €8,965 | €37,323 | €27,574 | ▼ 26.1% |
| Tangible fixed assets22/27 | €70,745 | €44,565 | €17,446 | €4,561 | €8,307 | €36,665 | €26,916 | ▼ 26.6% |
| Plant, machinery and equipment23 | - | - | - | €4,561 | €585 | €1,737 | €1,246 | ▼ 28.3% |
| Furniture and vehicles24 | - | - | - | - | €7,722 | €34,929 | €25,670 | ▼ 26.5% |
| Financial fixed assets28 | €658 | €658 | €658 | €658 | €658 | €658 | €658 | = |
| Current assets29/58 | €587,021 | €676,175 | €734,612 | €580,242 | €963,292 | €787,590 | €635,021 | ▼ 19.4% |
| Amounts receivable after more than one year29 | - | - | - | €286,000 | €286,000 | - | - | - |
| Other amounts receivable291 | - | - | - | €286,000 | €286,000 | - | - | - |
| Amounts receivable within one year40/41 | €541,351 | €670,227 | €725,562 | €281,706 | €645,674 | €760,089 | €625,875 | ▼ 17.7% |
| Trade receivables40 | - | - | - | €261,479 | €418,080 | €212,315 | €206,422 | ▼ 2.8% |
| Other amounts receivable41 | - | - | - | €20,227 | €227,594 | €547,774 | €419,454 | ▼ 23.4% |
| Cash at bank and in hand54/58 | €34,815 | €2,608 | €3,679 | €6,815 | €9,580 | €25,920 | €8,815 | ▼ 66.0% |
| Deferred charges and accrued income490/1 | - | - | - | €5,721 | €22,037 | €1,580 | €331 | ▼ 79.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €658,424 | €721,398 | €752,716 | €585,461 | €972,257 | €824,913 | €662,595 | ▼ 19.7% |
| Equity10/15 | -€39,954 | -€39,768 | €182,089 | €147,392 | €137,881 | €169,943 | €174,454 | ▲ 2.7% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €5,350 | €5,350 | €5,350 | €5,350 | €5,350 | €5,350 | €5,350 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €3,491 | €3,491 | €5,350 | €5,350 | = |
| Profit (loss) carried forward14 | -€63,896 | -€63,710 | €158,147 | €123,450 | €113,939 | €146,002 | €150,512 | ▲ 3.1% |
| Amounts payable17/49 | €698,378 | €761,166 | €570,627 | €438,069 | €834,376 | €654,969 | €488,141 | ▼ 25.5% |
| Amounts payable within one year42/48 | €548,651 | €721,191 | €570,627 | €438,069 | €834,376 | €654,969 | €473,142 | ▼ 27.8% |
| Trade debts44 | €295,647 | €485,728 | €203,267 | €39,889 | €424,503 | €183,294 | €65,996 | ▼ 64.0% |
| Suppliers440/4 | - | - | - | €39,889 | €424,503 | €183,294 | €65,996 | ▼ 64.0% |
| Advances received on contracts in progress46 | - | - | - | €230,000 | €150,000 | €239,497 | €291,500 | ▲ 21.7% |
| Taxes, remuneration and social security45 | - | - | - | €168,180 | €259,873 | €232,178 | €115,646 | ▼ 50.2% |
| Taxes450/3 | - | - | - | €98,253 | €144,221 | €123,969 | €51,904 | ▼ 58.1% |
| Remuneration and social security454/9 | - | - | - | €69,927 | €115,652 | €108,209 | €63,742 | ▼ 41.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €14,999 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,265 | €186 | €221,857 | -€34,697 | -€9,511 | €32,062 | €4,511 | ▼ 85.9% |
| + Depreciation and write-downs630 | €27,402 | €27,051 | €27,119 | €13,791 | €4,005 | €6,925 | €9,749 | ▲ 40.8% |
| Operating cash flow (approximation) | €6,137 | €27,237 | €248,976 | -€20,906 | -€5,506 | €38,988 | €14,260 | ▼ 63.4% |
| Investment in fixed assets (approximation) | - | -€871 | €0 | -€906 | -€7,750 | -€35,284 | €0 | - |
| Change in cash | - | -€32,207 | €1,071 | €3,136 | €2,765 | €16,340 | -€17,105 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 28-08-2025 | 2025-00419893 |
| 31-12-2023 | micro format | 23-10-2024 | 2024-00512197 |
| 31-12-2022 | micro format | 14-02-2024 | 2024-00030112 |
| 31-12-2021 | full format | 21-11-2022 | 2022-20526385 |
| 31-12-2020 | full format | 20-12-2021 | 2021-80800135 |
| 31-12-2019 | full format | 15-12-2020 | 2020-75700349 |
| 31-12-2018 | full format | 26-08-2019 | 2019-51400193 |
| 31-12-2017 | full format | 26-07-2018 | 2018-38800009 |
| 31-12-2016 | full format | 28-11-2017 | 2017-70500374 |
| 31-12-2015 | full format | 19-12-2016 | 2016-70400525 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BEVELACQUA Francesco |
|
| STARIMMO.BE |
|
Owners and capital
Capital and shareholders
- 11-01-2024 Converted to unavailable equity · €18,592
- 11-01-2024 Converted to unavailable equity · €1,859
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
11-01
Gazette deed
Resignation: STARIMMO.BE (director)Appointment: BEVELACQUA Francesco (sole director) · Capital conversion · Reserve release10 facts ▸
- General meeting, 27-12-2023
- Capital conversion, “comptes de capitaux propres statutairement indisponibles” (deed in French) (2 times)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, STARIMMO.BE (director)
- Director appointment, BEVELACQUA Francesco (sole director)
- Registered office clause, “7141 Carnières, Rue de la Folie, 9 (MSA)” (deed in French)
- Power of attorney, BEVELACQUA Francesco
- Power of attorney, Olivier BROUWERS
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0451.420.875
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56055B0249/00K000 | Wallonia | 5,401 m² | 1 · 222 m² | 17.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “A) 1° Tous travaux de construction, la transformation, la rénovation, l'aménagement de maisons, bâtiments industriels et commerciaux ainsi…” (deed in French)
6 activities (deed in French)
- A) 1° Tous travaux de construction, la transformation, la rénovation, l'aménagement de maisons, bâtiments industriels et commerciaux ainsi que de bureaux et toutes autres constructions et notamment : l'engagement d'entrepreneurs enregistrés et l'exécution ou la demande d'exécution par ceux-ci de travaux de terrassement, de réfection de routes, d'égouts, de plantations, de forages, de sondages et de creusages, de travaux de fondations, de drainages, d'ouvrages d'art non métallisés, de constructions généralement quelconques, travaux de coffrage et de placement de treillis, la construction d'échafaudage, rejointoyage et nettoyage de façades, travaux de démolition, placement de clôtures, travaux de couvertures d'asphalte et goudron, et le séchage de bâtiments, le placement de carrelage, mozaïque et autres revêtements de murs et planchers, travaux d'isolation contre la chaleur et le bruit, plafonnages, travaux de cimentage et tous autres travaux de plâtrage, travaux de taillage de pierres et de marbre, le placement de cheminées et de parquets, ébénisterie et menuiserie, recouvrement de bâtiments, placement de fer forgé, ferrures, idem en d'autres matières, placement de vitres, verres et châssis colorés, travaux la peintures, tapissages et garnitures, placement de chauffage centrale, ventilation et air-conditionné, de chauffage avec air chaud, conditionnement d'air et d'autres conduites, L'installation de sanitaires et chauffage au gaz, le placement de conduites de plomb et de zinc, l'installation d'adoucisseurs d'eau et de paratonnerres, placement d'installations électriques, de constructions métalliques. Installations frigorifiques, domestiques et industrielles.
- A) 2° l'exploitation d'un bureau d'étude chargé de l'analyse, du développement, de l'établissement et de la poursuite de projets qui se rapportent à l'activité décrite sous 1° même si celle-ci est exécutée par de tierces personnes, et une administration centrale de travaux techniques.
- A) 3° l'exploitation d'un bureau immobilier chargé de la vente, de l’achat, la location et la gestion de bâtiments, conclure des polices d'assurances et contrats de prêt.
- A) 4° acheter, vendre et louer des biens immobiliers tant pour son compte personnel que pour compte d'un promoteur
- A) 5° la représentation, l'achat, la vente de produits et matériaux se rapportant à la construction et l'aménagement de bâtiments et autres biens immobiliers et mobiliers
- B) La société peut s'intéresser par toutes voies, dans toutes affaires entreprises ou sociétés tant en Belgique qu'à l'étranger ayant un objet analogue, similaire ou connexe ou qui sont de nature à favoriser le développement de son entreprise, à lui procurer des matières premières ou à faciliter l’écoulement de ses produits.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BEST CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Fixé par l'assemblée, à défaut sans limitation de durée, nommés avec ou sans limitation de durée” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la société et aux époques…” (deed in French)“Offertes par préférence aux actionnaires existants, proportionnellement au nombre d’actions qu’ils détiennent, 15” (deed in French)1 more provision on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, décision de l'assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, faculté de l'assemblée générale de désigner un ou plusieurs liquidateurs et de déterminer…” (deed in French)