BH CONSTRUCT
ActiveSummary
For BH CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €23,201 and a net result of €2,787. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 52% of 7963 sector peers (fiscal year 2022). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2020
Profitability50▲+8
Solvency66▼-8
Growth66=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022Solvency, return and age of the figures
Solvency
41.3%
Return on assets
5%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-12-2023, 135 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
135 d late
2020
61 d late
2018
28 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 75 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€89,320▲ 39.0%
2018 · €64,274
EBIT margin
1.2%▼ 6.6pp
2018 · 7.8%
Net result
€2,787▲ 267%
2020 · €760
Working capital
€23,526▲ 179%
2020 · €8,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Available amounts per fiscal year
Line201820202022
Turnover€64,274-€89,320-
Operating result€5,007-€1,058-€4,834-
Net result€4,996-€760within the sector's middle half-€2,787within the sector's middle half-
EBIT margin7.8%-1.2%-
Equity€4,996-€10,123below the sector's middle half-€23,201within the sector's middle half-
Total assets€20,453-€20,471below the sector's middle half-€56,138below the sector's middle half-
Debt€15,457-€10,349-€32,937-
Working capital€4,902-€8,432within the sector's middle half-€23,526within the sector's middle half-
Solvency24.4%-49.4%within the sector's middle half-41.3%within the sector's middle half-
Current ratio1.32-2.01within the sector's middle half-1.73within the sector's middle half-
Return on assets (ROA)24.4%-3.7%within the sector's middle half-5.0%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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 is €4,834 in 2022, compared with €1,058 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €56,138
Fixed assets
€289 ▼ 92.1%
Current assets
€55,850 ▲ 232%
Equity and liabilities €56,138
Equity
€23,201 ▲ 129%
Debt
€32,937 ▲ 218%
Debt's share of the balance-sheet total rises from 50.6% to 58.7%. Equity and debt are higher.
Key figures and ratios
Debt to equity
1.42▲
2020 · 0.20
ROE
12.0%▲
2020 · 7.5%
Debt ≤ 1 year
€32,324▲
2020 · €8,368
Income taxes
€593▲
2020 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2022 | Change |
|---|---|---|---|---|
| Turnover70 | €64,274 | €89,320 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,827 | - | - |
| Gross operating margin9900 | €5,007 | €3,996 | €4,834 | - |
| Operating profit (loss)9901 | €5,007 | €1,058 | €4,834 | - |
| Financial income75/76B | - | - | €1,289 | - |
| Recurring financial income75 | - | €129 | €1,289 | - |
| Financial charges65/66B | - | - | €2,743 | - |
| Recurring financial charges65 | €11 | €427 | €2,743 | - |
| Profit (loss) for the period before taxes9903 | €4,996 | €760 | €3,380 | - |
| Income taxes67/77 | - | €0 | €593 | - |
| Profit (loss) for the period9904 | €4,996 | €760 | €2,787 | - |
| Profit (loss) for the period to be appropriated9905 | €4,996 | €760 | €2,787 | - |
| Line | 2018 | 2020 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €20,453 | €20,471 | €56,138 | - |
| Fixed assets21/28 | €93 | €3,671 | €289 | - |
| Tangible fixed assets22/27 | - | €3,578 | €195 | - |
| Furniture and vehicles24 | - | - | €195 | - |
| Financial fixed assets28 | €93 | €93 | €93 | - |
| Current assets29/58 | €20,360 | €16,800 | €55,850 | - |
| Amounts receivable within one year40/41 | €17,487 | €14,977 | €47,453 | - |
| Trade receivables40 | - | - | €19,803 | - |
| Other amounts receivable41 | - | - | €27,650 | - |
| Cash at bank and in hand54/58 | €2,873 | €1,823 | €7,774 | - |
| Deferred charges and accrued income490/1 | - | - | €623 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €20,453 | €20,471 | €56,138 | - |
| Equity10/15 | €4,996 | €10,123 | €23,201 | - |
| Contributions10/11 | €0 | €0 | €468 | - |
| Reserves13 | €250 | €468 | - | - |
| Profit (loss) carried forward14 | €4,746 | €9,654 | €22,733 | - |
| Amounts payable17/49 | €15,457 | €10,349 | €32,937 | - |
| Amounts payable after more than one year17 | - | €1,980 | - | - |
| Amounts payable within one year42/48 | €15,457 | €8,368 | €32,324 | - |
| Current portion of amounts payable after more than one year42 | - | - | €7,500 | - |
| Trade debts44 | €15,457 | €4,731 | €21,010 | - |
| Suppliers440/4 | - | - | €21,010 | - |
| Taxes, remuneration and social security45 | - | - | €3,814 | - |
| Remuneration and social security454/9 | - | - | €3,814 | - |
| Accrued charges and deferred income492/3 | - | - | €613 | - |
| Line | 2018 | 2020 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,996 | €760 | €2,787 | - |
| + Depreciation and write-downs630 | - | €2,827 | - | - |
| Operating cash flow (approximation) | €4,996 | €3,587 | €2,787 | - |
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
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 135 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €760 ▼84.8%
Net result drops to €760, the lowest in the series; recovery starts the following year.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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-Gillis (bij-Brussel) · 1 establishment unit since 2018
Ground area
1,975 m²
Building footprint
588 m²
Volume, LiDAR
8,511 m³
2 parcels, Brussels, Flanders · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
176
companies at this address
See who is registered here
1 establishment unit
BH CONSTRUCT
since 20182.371.116.104
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23542F0206/00H000 | Flanders | 1,174 m² | 1 · 147 m² | 7.8 m · 2 fl. |
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 11,900 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded16-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0695955501
Also
9925:BE0695955501
Registered
13-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.