BG Construct
ActiveBG Construct has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €200k and a net result of €8k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+29
Solvency63▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.61 in 2024; short-term debt: 51.4% and cash: 7.7% of total assets), and 62.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.7%
Return on assets
1.5%
Age of the figures
9 mo
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
71 d early
2023
79 d early
2022
70 d early
2021
83 d early
2020
59 d early
2019
79 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€200k▲ 4.1%
2024 · €192k
2018: €139k
2019: €164k
2020: €159k
2021: €161k
2022: €185k
2023: €186k
2024: €192k
2018 → 2025
Total assets
€530k▼ 3.3%
2024 · €548k
2018: €518k
2019: €559k
2020: €513k
2021: €525k
2022: €568k
2023: €516k
2024: €548k
2018 → 2025
Net result
€8k▲ 24.7%
2024 · €6k
2018: €15k
2019: €25k
2020: €-5k
2021: €2k
2022: €25k
2023: €227
2024: €6k
2018 → 2025
Working capital
€-104k▲ 5.2%
2024 · €-110k
2018: €-75k
2019: €-66k
2020: €-81k
2021: €-94k
2022: €-94k
2023: €-106k
2024: €-110k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€185k▲ 15.4%€186k▲ 0.1%€192k▲ 3.4%€200k▲ 4.1%
Operating result€5k-€45k▲ 727%€5k▼ 87.9%€28k▲ 405%€15k▼ 46.6%
Net result€2k-€25k▲ 1,158%€227▼ 99.1%€6k▲ 2,714%€8k▲ 24.7%
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 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €530k
Fixed assets
€362k▼ 4.0%
Current assets
€168k▼ 1.7%
Equity and liabilities €530k
Equity
€200k▲ 4.1%
Debt
€330k▼ 7.3%
The debt ratio falls from 65.0% to 62.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▼
2024 · €47k
Cash flow
€27k▲
2024 · €26k
Solvency
37.7%▲
2024 · 35.0%
Current ratio
0.62▲
2024 · 0.61
Quick ratio
0.31▲
2024 · 0.30
Debt / equity
1.65▼
2024 · 1.86
ROE
4.0%▲
2024 · 3.3%
ROA
1.5%▲
2024 · 1.2%
Interest coverage
10.30▲
2024 · 2.56
Debt
€330k▼
2024 · €356k
Debt ≤ 1 year
€273k▼
2024 · €281k
Debt > 1 year
€54k▼
2024 · €74k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€548k€530k▼
Fixed assets21/28€377k€362k▼
Tangible fixed assets22/27€377k€362k▼
Land and buildings22€353k€343k▼
Plant, machinery and equipment23€7k€8k▲
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€194€194=
Current assets29/58€171k€168k▼
Stocks and contracts in progress3€87k€84k▼
Stocks30/36€87k€84k▼
Amounts receivable within one year40/41€66k€42k▼
Trade receivables40€57k€42k▼
Other amounts receivable41€9k€0▼
Current investments50/53€25€25▲
Cash at bank and in hand54/58€15k€41k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€548k€530k▼
Equity10/15€192k€200k▲
Contributions10/11€19k€19k=
Reserves13€60k€68k▲
Distributable reserves133€60k€68k▲
Profit (loss) carried forward14€113k€113k=
Amounts payable17/49€356k€330k▼
Amounts payable after more than one year17€74k€54k▼
Financial debts170/4€74k€54k▼
Amounts payable within one year42/48€281k€273k▼
Current portion of amounts payable after more than one year42€26k€20k▼
Trade debts44€46k€29k▼
Suppliers440/4€46k€29k▼
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Other amounts payable47/48€202k€220k▲
Accrued charges and deferred income492/3€725€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€51k€39k▼
Operating profit (loss)9901€28k€15k▼
Financial income75/76B€71€66▼
Recurring financial income75€71€66▼
Financial charges65/66B€18k€3k▼
Recurring financial charges65€18k€3k▼
Profit (loss) for the period before taxes9903€9k€12k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€6k€8k▲
Profit (loss) for the period to be appropriated9905€6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€121k▲
Profit (loss) brought forward from the previous period14P€113k€113k=
Transfer to equity691/2€6k€8k▲
To other reserves6921€6k€8k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-5k ▼121%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €25k ▲74.4%
Operating result €47k, net result €25k, both a record.
31-12
Financial
Equity above €150kEq €164k ▲18.3%
2 profitable years in a row build equity to €164k.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Sint-Lievens-Houtem · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vlierzeledorp 209520 Sint-Lievens-HoutemGround area
938 m²
Building footprint
360 m²
Volume, LiDAR
1,488 m³
Parcel 41072E0455/00T000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BG Construct
since 20082.173.208.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41072E0455/00T000 | Flanders | 938 m² | 1 · 360 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
B & D ALGEMENE SCHRIJNWERKERIJ
BE 0477.499.326
Sint-Truiden · Eq €200k
Bothuyne&Roels
BE 0791.197.326
Deinze · Eq €200k
LUC LE MENUISIER
BE 0882.845.302
Seneffe · Eq €200k
POORT EXPERT
BE 0745.985.032
Zoersel · Eq €200k
SUBLO
BE 0435.067.269
Wuustwezel · Eq €200k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2008
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.