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BGWA CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsJetse Laan 166, 1090 Jette, BelgiumKBO/BCE: BE 0802.112.497
Summary

BGWA CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,394 and a net result of €19,278. Its solvency ranks better than 83% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-05-2023 Normal situation
Activity
Other specialised construction activities NACE 43990and 3 others
Establishment unit
2.345.343.402 1090 Jette, since 25-05-2023
Financial year end
30 June
Peppol
Reachable since 29-12-2025

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€23,890
▼ 73.2%
Turnover
≈ €330,000
estimated
Profit
€19,278
▼ 70.4%
Equity
€85,394
▲ 29.2%
Total assets
€110,333
▲ 17.0%
Filed on 05-01-2026, 26 days before the deadline
Score breakdownraises riskFounded in 20231 of the last 3 accounts latelowers riskLiquidity: current ratio 4.42, cash €88,779Equity €85,394 (77.4% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+5
equity 77.4% of total assets
Liquidity 92+4
short-term debt 22.6% · cash 80.5%
Profitability 81-19
return on assets 17.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.8% 01-2025: 3.1%▲ +0.3 percentage points vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.0%▼ -0.1 percentage points vs 02-2025 04-2025: 3.3%▲ +0.3 percentage points vs 03-2025 05-2025: 3.4%▲ +0.1 percentage points vs 04-2025 06-2025: 3.5%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 3.5%● unchanged vs 06-2025highest value 08-2025: 0.5%▼ -3.0 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.3%▼ -0.2 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.42 (3.35 in 2024), above the usual 1.5. Short-term debt is 22.6% and cash 80.5% of total assets. 22.6% of the assets are financed with debt and provisions.
Calculation

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 43, micro). It does better than 90% of them on solvency, 89% on liquidity, 62% on profitability and 74% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.42, cash €88,779
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €85,394 (77.4% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 filings
Deviation from the deadline
2025
26 days early
2024
146 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 60 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Higher solvency than 82% of companies in specialised constructionsector median 46.7% · 34,902 companies 77.4% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €1,000 · Appointment: BOGZOIU Adrian (director)
All 3 events

Comparable companies

These companies have the same main activity as BGWA CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €105,000 and €129,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
BGWA CONSTRUCT Jette€110,333€23,890
MTR CONSTRUCT Sint-Jans-Molenbeek€109,672€18,231
MONICA CONSTRUCT Sint-Pieters-Leeuw€107,836€27,262
MYPISCINE Verlaine€104,614€20,989
R ET M PARACHEVEMENTS Tienen€122,084€28,866
CB RENOVATION Sint-Genesius-Rode€128,655€21,742
JNS LIGHTING Sint-Pieters-Leeuw€114,501€18,623
Full comparison

Key facts about BGWA CONSTRUCT

What is the company number of BGWA CONSTRUCT?
The company number of BGWA CONSTRUCT is 0802.112.497. The VAT number is the same number with BE in front: BE 0802.112.497.
Where is BGWA CONSTRUCT based?
The registered office is at Jetse Laan 166, 1090 Jette.Company details
What does BGWA CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of BGWA CONSTRUCT?
The legal form of BGWA CONSTRUCT is Private limited company (BV).
When was BGWA CONSTRUCT founded?
BGWA CONSTRUCT was founded on 25-05-2023.
Is BGWA CONSTRUCT still active?
Yes, BGWA CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of BGWA CONSTRUCT?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €23,890 and 205 comparable companies (NACE 43990). It probably lies between €170,000 and €640,000. It is a rough estimate.Financials
Is BGWA CONSTRUCT profitable?
In financial year 2025, BGWA CONSTRUCT made a profit of €19,278.
Where can I find the annual accounts of BGWA CONSTRUCT?
BGWA CONSTRUCT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BGWA CONSTRUCT due?
BGWA CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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