BGWA CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of BGWA CONSTRUCT is 4.3% (elevated). The 2025 annual accounts show equity of €85k and a net result of €19k. Its solvency ranks better than 82% of 27451 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency100▲+5
Growth52
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 4.42 against 3.35 in 2024; short-term debt: 22.6% and cash: 80.5% of total assets), and 22.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · 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 · 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
77.4%
Return on assets
17.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
26 d early
2024
146 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 29.2%
2024 · €66k
2024: €66k
2024 → 2025
Total assets
€110k▲ 17.0%
2024 · €94k
2024: €94k
2024 → 2025
Net result
€19k▼ 70.4%
2024 · €65k
2024: €65k
2024 → 2025
Working capital
€85k▲ 29.2%
2024 · €66k
2024: €66k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€66k-€85k▲ 29.2%
Operating result€87k-€24k▼ 72.5%
Net result€65k-€19k▼ 70.4%
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 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €110k
Equity
€85k▲ 29.2%
Debt
€25k▼ 11.5%
The debt ratio falls from 29.9% to 22.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
77.4%▲
2024 · 70.1%
Current ratio
4.42▲
2024 · 3.35
Quick ratio
4.42▲
2024 · 3.35
Debt / equity
0.29▼
2024 · 0.43
ROE
22.6%▼
2024 · 98.5%
ROA
17.5%▼
2024 · 69.1%
Debt
€25k▼
2024 · €28k
Debt ≤ 1 year
€25k▼
2024 · €28k
Income taxes
€5k▼
2024 · €22k
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€94k€110k▲
Current assets29/58€94k€110k▲
Amounts receivable within one year40/41€12k€22k▲
Trade receivables40€12k€11k▼
Other amounts receivable41€809€10k▲
Cash at bank and in hand54/58€82k€89k▲
Equity and liabilities
Total equity and liabilities10/49€94k€110k▲
Equity10/15€66k€85k▲
Contributions10/11€1k€1k=
Outside capital11-€1k
Other1109/19-€1k
Profit (loss) carried forward14€65k€84k▲
Amounts payable17/49€28k€25k▼
Amounts payable within one year42/48€28k€25k▼
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€27k€25k▼
Taxes450/3€22k€25k▲
Remuneration and social security454/9€5k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Gross operating margin9900€89k€24k▼
Operating profit (loss)9901€87k€24k▼
Financial income75/76B-€268
Recurring financial income75-€268
Financial charges65/66B-€60
Recurring financial charges65-€60
Profit (loss) for the period before taxes9903€87k€24k▼
Income taxes67/77€22k€5k▼
Profit (loss) for the period9904€65k€19k▼
Profit (loss) for the period to be appropriated9905€65k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€84k▲
Profit (loss) brought forward from the previous period14P-€65k
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 146 days late
NBB filing
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, Jette · 1 establishment unit since 2023
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.
Jetse Laan 1661090 JetteGround area
155 m²
Building footprint
146 m²
Volume, LiDAR
2,490 m³
Parcel 21464E0031/00E010, Brussels · tallest building 19.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BGWA CONSTRUCT
since 20232.345.343.402
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464E0031/00E010 | Brussels | 155 m² | 1 · 146 m² | 19.2 m · 6 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.
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Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 6,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2023
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.