Equity
Equity fell by 94% in 5 years.
Equity fell by 94% in 5 years.
The result fell in 2025 from -€42,929 to -€153,256.
The abbreviated format states no turnover.
€64,673 of the debts are secured on the company's own assets. In 2021 that was €183,167.
In 2025, 5 people joined and 9 left.
Lower net result than 95% of companies in fabricated metal products. Sector median €43,813 · 1,245 companies.
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro). It does better than 13% of them on solvency, 16% on liquidity, 4% on profitability and 4% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
In July 2024, 642 companies had the same profile as BEV CONSTRUCT has now. Each dot stands for 2 companies, two years later.
Another 1.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BEV CONSTRUCT itself is higher: 4.9% within 12 months. It rests on far more data about BEV CONSTRUCT than the profile alone.
The method was tested on the 497,447 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 642 companies, not a prediction for BEV CONSTRUCT. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.59 (0.87 in 2024), below 1. Short-term debt is 45.7% and cash 0% of total assets. 91.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BEV CONSTRUCT Diest | €547,771 | €42,630 | 8.3% | 2.4 |
| BJ Create Bredene | €544,584 | €110,425 | 11.9% | 1 |
| ROS BeLux Kontich | €368,276 | €83,675 | -3.1% | 1.6 |
| METAL WORK DESIGN Mons | €353,328 | €36,242 | 87.4% | 0.9 |
| SODELCO Tongeren-Borgloon | €213,501 | €72,552 | 43.9% | 4.8 |
| DOMOTECNO Tienen | €412,647 | €42,365 | 27.5% | - |
| ANMABETON Hoegaarden | €407,349 | €40,827 | 0.1% | - |
These companies have the same main activity as BEV CONSTRUCT: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €214,000 and €545,000, founded between 1997 and 2017.
BEV CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €475,244 in 2011 to €42,630 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets.
Great Fields holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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