Bestbuilt
ActiveSummary
The computed 12-month bankruptcy probability of Bestbuilt is 2.3% (moderate). The 2024 annual accounts show equity of €10,200 and a net result of -€483. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 15872 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-8
Solvency34=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.92 against 1.01 in 2023; short-term debt: 90.7% and cash: 10.5% of total assets), and 90.7% of the assets are financed with debt.
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Signals
Four 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.3%
Return on assets
-0.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
31 d late
← 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 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€10,200▼ 4.5%
2023 · €10,683
Total assets
€109,915▼ 6.0%
2023 · €116,984
Net result
-€483
2023 · €6,946
Working capital
-€7,718
2023 · €972
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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€1,670-€11,490▲ 588%€23▼ 99.8%
Net result€737within the sector's middle half-€6,946within the sector's middle half▲ 843%-€483within the sector's middle half
Equity€3,737below the sector's middle half-€10,683within the sector's middle half▲ 186%€10,200within the sector's middle half▼ 4.5%
Total assets€33,942below the sector's middle half-€116,984within the sector's middle half▲ 245%€109,915within the sector's middle half▼ 6.0%
Debt€30,205-€106,301▲ 252%€99,715▼ 6.2%
Working capital-€8,645below the sector's middle half-€972within the sector's middle half-€7,718below the sector's middle half
Solvency11.0%within the sector's middle half-9.1%within the sector's middle half▼ 1.9pp9.3%within the sector's middle half▲ 0.1pp
Current ratio0.71below the sector's middle half-1.01within the sector's middle half▲ 0.300.92within the sector's middle half▼ 0.09
Return on assets (ROA)2.2%within the sector's middle half-5.9%within the sector's middle half▲ 3.8pp-0.4%within the sector's middle half▼ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 falls in 2024; 2024 is 100% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109,915
Fixed assets
€17,918 ▲ 84.5%
Current assets
€91,997 ▼ 14.2%
Equity and liabilities €109,915
Equity
€10,200 ▼ 4.5%
Debt
€99,715 ▼ 6.2%
Debt's share of the balance-sheet total falls from 90.9% to 90.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,407▼
2023 · €14,390
Cash flow
€3,900▼
2023 · €9,846
Quick ratio
0.58▼
2023 · 0.81
Debt to equity
9.78▼
2023 · 9.95
ROE
-4.7%▼
2023 · 65.0%
Interest coverage
12.61▼
2023 · 39.70
Debt ≤ 1 year
€99,715▼
2023 · €106,301
Income taxes
€178▼
2023 · €4,181
Staff costs
€120
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,303 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a small loss
5.2%
went bankrupt
1.5%
stopped otherwise
92%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.
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%.
| 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 1,303 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €690 | - | €120 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,118 | €2,900 | €4,384 | ▲ 51.2% |
| Other operating charges640/8 | €359 | €1,146 | €965 | ▼ 15.8% |
| Gross operating margin9900 | €4,836 | €15,535 | €5,491 | ▼ 64.7% |
| Operating profit (loss)9901 | €1,670 | €11,490 | €23 | ▼ 99.8% |
| Financial income75/76B | €0 | - | €21 | - |
| Recurring financial income75 | €0 | - | €21 | - |
| Financial charges65/66B | €350 | €363 | €349 | ▼ 3.6% |
| Recurring financial charges65 | €350 | €363 | €349 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | €1,320 | €11,127 | -€305 | ▼ 103% |
| Income taxes67/77 | €584 | €4,181 | €178 | ▼ 95.8% |
| Profit (loss) for the period9904 | €737 | €6,946 | -€483 | ▼ 107% |
| Profit (loss) for the period to be appropriated9905 | €737 | €6,946 | -€483 | ▼ 107% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33,942 | €116,984 | €109,915 | ▼ 6.0% |
| Fixed assets21/28 | €12,381 | €9,711 | €17,918 | ▲ 84.5% |
| Tangible fixed assets22/27 | €12,381 | €9,711 | €17,918 | ▲ 84.5% |
| Plant, machinery and equipment23 | €12,381 | €9,711 | €6,582 | ▼ 32.2% |
| Furniture and vehicles24 | - | - | €11,336 | - |
| Current assets29/58 | €21,560 | €107,272 | €91,997 | ▼ 14.2% |
| Stocks and contracts in progress3 | - | €21,250 | €34,177 | ▲ 60.8% |
| Stocks30/36 | - | €21,250 | €34,177 | ▲ 60.8% |
| Amounts receivable within one year40/41 | €3,934 | €79,448 | €46,008 | ▼ 42.1% |
| Trade receivables40 | €1,485 | €79,448 | €45,555 | ▼ 42.7% |
| Other amounts receivable41 | €2,449 | - | €453 | - |
| Cash at bank and in hand54/58 | €17,627 | €6,574 | €11,586 | ▲ 76.2% |
| Deferred charges and accrued income490/1 | - | - | €226 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33,942 | €116,984 | €109,915 | ▼ 6.0% |
| Equity10/15 | €3,737 | €10,683 | €10,200 | ▼ 4.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €737 | €7,683 | €7,683 | = |
| Distributable reserves133 | €737 | €7,683 | €7,683 | = |
| Profit (loss) carried forward14 | - | - | -€483 | - |
| Amounts payable17/49 | €30,205 | €106,301 | €99,715 | ▼ 6.2% |
| Amounts payable within one year42/48 | €30,205 | €106,301 | €99,715 | ▼ 6.2% |
| Current portion of amounts payable after more than one year42 | €7,364 | - | - | - |
| Trade debts44 | €16,286 | €79,847 | €57,135 | ▼ 28.4% |
| Suppliers440/4 | €16,286 | €79,847 | €57,135 | ▼ 28.4% |
| Taxes, remuneration and social security45 | €584 | €10,902 | €6,774 | ▼ 37.9% |
| Taxes450/3 | €584 | €10,902 | €6,774 | ▼ 37.9% |
| Other amounts payable47/48 | €5,972 | €15,552 | €35,806 | ▲ 130% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €737 | €6,946 | -€483 | ▼ 107% |
| + Depreciation and write-downs630 | €2,118 | €2,900 | €4,384 | ▲ 51.2% |
| Operating cash flow (approximation) | €2,854 | €9,846 | €3,900 | ▼ 60.4% |
| Investment in fixed assets (approximation) | - | -€230 | -€12,590 | ▼ 5,378% |
| Change in cash | - | -€11,053 | €5,012 | ▲ 145% |
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€483
Net result drops to -€483, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €6,946 ▲843%
Operating result €11,490, net result €6,946, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Maasmechelen · 1 establishment unit since 2022
Ground area
285 m²
Building footprint
109 m²
Volume, LiDAR
797 m³
Parcel 73048C0564/00K006, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bestbuilt
since 20222.326.805.415
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048C0564/00K006 | Flanders | 285 m² | 1 · 109 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 197 EUR awarded · 197 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 197 EUR | 197 EUR |
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 913 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
Founded18-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
41001General construction of residential buildings
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780595424
Also
9925:BE0780595424
Registered
19-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.