Turnover
The accounts state no turnover.
The accounts state no turnover.
Green is investment, beige is depreciation.
Three of the last ten came late. The 2021 accounts came latest: 30 days after the end of the period.
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 2 in 1,000 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 43, micro). It does better than 53% of them on solvency, 29% on liquidity, 64% on profitability and 73% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as BICCONSTRUCT has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of BICCONSTRUCT itself: 0.2% within 12 months.
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 34,693 companies, not a prediction for BICCONSTRUCT. 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.
Liquidity is ample, with a current ratio of 1.72 (2.71 in 2024), above the usual 1.5. Short-term debt is 50.7% and cash 12.7% of total assets. However, 50.7% 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 4 days before 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.
| Company | ||||
|---|---|---|---|---|
| BICCONSTRUCT Machelen (Brab.) | €101,308 | €15,222 | 49.3% | - |
| VAN ESPEN SERVICES Tielt-Winge | €89,090 | €12,784 | -15.7% | - |
| RENOVA INVEST Vilvoorde | €119,413 | €18,542 | 11.9% | - |
| POMPWERKEN VAN CASTEREN Herselt | €113,826 | €17,835 | 92.6% | - |
| PLAISIR EXTERIEUR Dour | €101,371 | €18,129 | -1.6% | - |
| HESTIA SERVICES Anderlecht | €95,299 | €16,333 | 31.4% | - |
| PEETERS Lummen | €81,889 | €15,164 | 49.0% | - |
These companies have the same main activity as BICCONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €81,900 and €119,000, founded between 2011 and 2014.
BICCONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €2,175 in 2013 to €15,222 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 53% of 35,074 companies in 2025.
Higher than 47% of 34,450 companies in 2025.
Higher than 60% of 34,650 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
101,308 | 54,698 | 280,743 | 26,594 | 28,350 | 44,341 | 41,213 | 20,691 | 33,317 | 17,858 | 24,953 | 34,077 | 44,572 | |
21/28 |
12,916 | 12,200 | 12,411 | 13,403 | 14,395 | 35,221 | 30,372 | 700 | - | 5,597 | 14,847 | 24,327 | 33,805 | |
22/27 |
12,216 | 11,500 | 11,711 | 12,703 | 13,695 | 23,021 | 29,672 | - | - | 5,597 | 14,847 | 24,327 | 33,805 | |
23 |
716 | - | 211 | 856 | 1,501 | 2,146 | 1,839 | - | - | - | - | - | - | |
24 |
- | - | 0 | 347 | 694 | 20,875 | 27,833 | - | - | 5,597 | 14,847 | 24,327 | 33,805 | |
27 |
11,500 | 11,500 | 11,500 | 11,500 | 11,500 | - | - | - | - | - | - | - | - | |
28 |
700 | 700 | 700 | 700 | 700 | 12,200 | 700 | 700 | - | - | - | - | - | |
29/58 |
88,392 | 42,498 | 268,332 | 13,191 | 13,956 | 9,120 | 10,841 | 19,991 | 33,317 | 12,261 | 10,106 | 9,750 | 10,767 | |
40/41 |
75,562 | 22,330 | 268,332 | 770 | 11,717 | 8,185 | 9,309 | 12,415 | 21,006 | 4,154 | 2,190 | 9,279 | 10,593 | |
40 |
69,586 | 17,947 | 264,739 | 0 | 4,765 | - | - | 5,926 | 17,186 | 2,916 | 1,260 | 8,298 | 8,276 | |
41 |
5,976 | 4,383 | 3,593 | 770 | 6,952 | 8,185 | 9,309 | 6,489 | 3,820 | 1,238 | 930 | 981 | 2,317 | |
54/58 |
12,830 | 20,168 | 0 | 11,911 | 2,034 | - | 258 | 7,309 | 12,311 | 7,607 | 7,916 | 471 | 174 | |
490/1 |
- | - | 0 | 509 | 205 | 935 | 1,274 | 267 | - | 500 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
101,308 | 54,698 | 280,743 | 26,594 | 28,350 | 44,341 | 41,213 | 20,691 | 33,317 | 17,858 | 24,953 | 34,077 | 44,572 | |
10/15 |
49,922 | 39,044 | 20,492 | 16,279 | 10,704 | 14,798 | 10,457 | 14,046 | 14,726 | 3,700 | 4,563 | 9,335 | 6,647 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
708 | 708 | 708 | 708 | 708 | 708 | 708 | 708 | 708 | 157 | 157 | 157 | 22 | |
130/1 |
708 | 708 | 708 | 708 | 708 | 708 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 708 | 708 | 708 | 157 | 157 | 157 | 22 | |
1311 |
708 | 708 | 708 | 708 | 708 | 708 | - | - | - | - | - | - | - | |
14 |
43,014 | 32,136 | 13,584 | 9,371 | 3,796 | 7,890 | 3,549 | 7,138 | 7,818 | -2,657 | -1,794 | 2,978 | 425 | |
17/49 |
51,386 | 15,654 | 260,251 | 10,315 | 17,646 | 29,543 | 30,756 | 6,645 | 18,591 | 14,158 | 20,390 | 24,742 | 37,925 | |
17 |
- | - | - | 0 | 3,387 | 11,424 | 19,333 | - | - | - | 4,110 | 12,077 | 19,762 | |
170/4 |
- | - | - | 0 | 3,387 | 11,424 | 19,333 | - | - | - | 4,110 | 12,077 | 19,762 | |
42/48 |
51,386 | 15,654 | 260,251 | 10,315 | 14,259 | 14,937 | 11,423 | 6,645 | 10,586 | 9,033 | 12,780 | 10,415 | 16,123 | |
42 |
- | - | 0 | 3,387 | 8,037 | 7,909 | 7,784 | - | - | 4,110 | 7,966 | 7,685 | 7,413 | |
43 |
- | - | 3,310 | - | - | 946 | - | - | - | - | - | - | - | |
430/8 |
- | - | 3,310 | - | - | 946 | - | - | - | - | - | - | - | |
44 |
19,515 | 8,461 | 253,627 | 3,357 | 5,292 | 737 | 551 | 5,804 | 4,015 | 3,194 | 3,092 | 833 | 7,200 | |
440/4 |
19,515 | 8,461 | 253,627 | 3,357 | 5,292 | 737 | 551 | 5,804 | 4,015 | 3,194 | 3,092 | 833 | 7,200 | |
45 |
16,154 | 7,178 | 2,686 | 3,571 | 931 | 5,345 | 3,088 | 841 | 6,571 | 1,710 | 1,722 | 1,897 | 255 | |
450/3 |
5,594 | 7,178 | 2,686 | 3,571 | 931 | 5,345 | 3,088 | 841 | 6,571 | 1,710 | 1,722 | 1,897 | 255 | |
454/9 |
10,560 | - | 0 | 0 | - | - | - | - | - | - | - | - | - | |
47/48 |
15,716 | 15 | 629 | 0 | - | - | - | - | - | 19 | - | - | 1,255 | |
492/3 |
- | - | - | - | 0 | 3,182 | - | - | 8,005 | 5,125 | 3,500 | 2,250 | 2,040 | |
| Income statement | ||||||||||||||
70 |
- | - | 245,280 | 252,310 | 204,592 | - | - | - | - | - | - | - | - | |
9900 |
15,222 | 26,966 | 7,252 | 11,190 | -818 | 17,131 | 13,712 | 3,564 | 16,142 | 9,756 | 6,216 | 14,861 | 2,175 | |
60/61 |
- | - | 240,342 | 246,914 | 208,716 | - | - | - | - | - | - | - | - | |
62 |
- | - | - | 0 | - | - | - | - | - | - | - | - | - | |
630 |
358 | 211 | 992 | 992 | 992 | 7,577 | 7,418 | - | - | 9,250 | 9,480 | 9,478 | 1,350 | |
640/8 |
- | - | 1,235 | 1,172 | 886 | 877 | 7,768 | 2,688 | 1,501 | 353 | 420 | 481 | 17 | |
9901 |
14,864 | 26,755 | 5,025 | 9,026 | -2,695 | 8,677 | -1,474 | 876 | 14,641 | 153 | -3,684 | 4,902 | 808 | |
75/76B |
- | - | 9 | 210 | 4 | 5 | - | - | 10 | 13 | 6 | - | - | |
75 |
- | - | 9 | 210 | 4 | 5 | - | - | 10 | 13 | 6 | - | - | |
65/66B |
220 | 487 | 759 | 394 | 512 | 555 | 601 | 609 | 742 | 898 | 1,094 | 857 | 152 | |
65 |
220 | 487 | 759 | 394 | 512 | 555 | 601 | 609 | 742 | 898 | 1,094 | 857 | 152 | |
9903 |
14,644 | 26,268 | 4,274 | 8,842 | -3,203 | 8,127 | -2,075 | 267 | 13,909 | -732 | -4,772 | 4,045 | 656 | |
67/77 |
3,766 | 7,716 | 61 | 3,267 | 890 | 3,786 | 1,514 | 947 | 2,883 | 131 | - | 1,357 | 209 | |
9904 |
10,878 | 18,552 | 4,213 | 5,575 | -4,094 | 4,341 | -3,589 | -680 | 11,026 | -863 | -4,772 | 2,688 | 447 | |
9905 |
10,878 | 18,552 | 4,213 | 5,575 | -4,094 | 4,341 | -3,589 | -680 | 11,026 | -863 | -4,772 | 2,688 | 447 | |
| Appropriation of the result | ||||||||||||||
9906 |
43,014 | 32,136 | 13,584 | 9,371 | 3,796 | 7,890 | 3,549 | 7,138 | 8,369 | -2,657 | -1,794 | 3,113 | 447 | |
14P |
32,136 | 13,584 | 9,371 | 3,796 | 7,890 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 551 | - | - | 135 | 22 | |
6920 |
- | - | - | - | - | - | - | - | 551 | - | - | 135 | 22 | |
| Document | ||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-07-2026 | 2026-00333072 | |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00247056 | |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00370439 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00361348 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20353456 | |
| 31-12-2020 | full format | 18-06-2021 | 2021-21300245 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-20900342 | |
| 31-12-2018 | full format | 20-06-2019 | 2019-21100331 | |
| 31-12-2017 | full format | 11-07-2018 | 2018-31800022 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-22100391 | |
| 31-12-2015 | full format | 09-08-2016 | 2016-41600132 | |
| 31-12-2014 | full format | 02-07-2015 | 2015-26300031 | |
| 31-12-2013 | full format | 30-06-2014 | 2014-24900320 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15,222 | 26,966 | 6,017 | 10,018 | -1,703 | 16,254 | 5,944 | - | - | 9,403 | 5,796 | 14,380 | 2,158 | ||
| 11,236 | 18,763 | 5,205 | 6,567 | -3,102 | 11,918 | 3,829 | - | - | 8,387 | 4,708 | 12,166 | 1,797 | ||
| 1,074 | 0 | 0 | 0 | -19,834 | 12,426 | 37,090 | 700 | - | 0 | 0 | 0 | 35,155 | ||
| -7,338 | 20,168 | -11,911 | 9,878 | - | - | -7,051 | -5,002 | 4,704 | -309 | 7,445 | 297 | - | ||
| 37,006 | 26,844 | 8,081 | 2,876 | -304 | -5,817 | -582 | 13,346 | 22,731 | 3,228 | -2,674 | -665 | -5,356 | ||
| - | - | 2.0% | 3.6% | -1.3% | - | - | - | - | - | - | - | - | ||
| 49.3% | 71.4% | 7.3% | 61.2% | 37.8% | 33.4% | 25.4% | 67.9% | 44.2% | 20.7% | 18.3% | 27.4% | 14.9% | ||
| 1.72 | 2.71 | 1.03 | 1.28 | 0.98 | 0.61 | 0.95 | 3.01 | 3.15 | 1.36 | 0.79 | 0.94 | 0.67 | ||
| 1.03 | 0.40 | 12.70 | 0.63 | 1.65 | 2.00 | 2.94 | 0.47 | 1.26 | 3.83 | 4.47 | 2.65 | 5.71 | ||
| 21.8% | 47.5% | 20.6% | 34.2% | -38.2% | 29.3% | -34.3% | -4.8% | 74.9% | -23.3% | -104.6% | 28.8% | 6.7% | ||
| 10.7% | 33.9% | 1.5% | 21.0% | -14.4% | 9.8% | -8.7% | -3.3% | 33.1% | -4.8% | -19.1% | 7.9% | 1.0% | ||
| 69.26 | 55.34 | 7.92 | 25.42 | -3.33 | - | - | - | - | - | - | - | - | ||
| - | - | 394 days | 0 days | 9 days | - | - | - | - | - | - | - | - | ||
| - | - | 385 days | 5 days | 9 days | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,074 | - | - | - | - |
| €358 | €211 | €992 | €992 | €992 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 44% lower than in 2024.
Debt's share of the balance-sheet total rises from 28.6% to 50.7%. Equity and debt are higher.
BICCONSTRUCT has no parent and no holdings in its annual accounts. IFTODE, Bogdan Constantin is the only director. BICCONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
A deed published in both Dutch and French appears here once.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Petrus Turcksinstraat 16 registered office 1830 Machelen (Brab.) | ||
| Oud-Strijderslaan 85 1140 Evere 4332013 Joinery installation | 28-01-2013 | 2.215.855.033 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21372D0122/00L000 | Brussels | 1.1 ha | 1 · 999 m² | 51.1 m · 16 |
| 23047B0007/00T005 | Flanders | 196 m² | 1 · 99 m² | 10.6 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0502.602.134
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