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BIDAV

Active
Private limited companyfounded 2023active for 3 yearsW.A. Mozartlaan 2, 1620 Drogenbos, BelgiumKBO/BCE: BE 0805.933.705
Summary

The computed 12-month bankruptcy probability of BIDAV is 4.7% (elevated). The 2026 annual accounts show equity of €9,754 and a net result of -€9,088. Its solvency ranks better than 15% of 309 sector peers (NACE 41, financial year 2026). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 18-09-2023 Normal situation
Registered office
247 active companies are registered at this address 38 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment unit
2.350.295.647 6230 Pont-à-Celles, since 18-09-2023
Financial year end
31 March
Peppol
Reachable since 07-01-2026

Board and ownership

Board

Financial position

36 Weak Checked score 2026
Bankruptcy probabilitywithin 12 months
4.7%
Annual accounts to 31-03-2026
Gross margin
€5,196
▼ 77.1%
Turnover
≈ €63,000
estimated
Loss
€9,088
Equity
€9,754
▼ 48.2%
Total assets
€54,485
▲ 15.4%
Score breakdownraises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €54,485Liquidity: current ratio 0.34, cash €2,880Show the evidence

Checked score

Score 2026
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 15% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2025
Weak
Solvency 43-22
equity 17.9% of total assets
Liquidity 12-7
short-term debt 82.1% · cash 5.3%
Profitability 17-83
return on assets -16.7%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 3.8%lowest value 01-2025: 4.1%▲ +0.3 percentage points vs 12-2024 02-2025: 4.2%▲ +0.1 percentage points vs 01-2025 03-2025: 4.6%▲ +0.4 percentage points vs 02-2025 04-2025: 5.0%▲ +0.4 percentage points vs 03-2025 05-2025: 5.0%● unchanged vs 04-2025 06-2025: 4.8%▼ -0.2 percentage points vs 05-2025 07-2025: 4.8%● unchanged vs 06-2025 08-2025: 5.1%▲ +0.3 percentage points vs 07-2025 09-2025: 5.3%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 4.3%▼ -1.0 percentage point vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.2%▼ -0.1 percentage points vs 03-2026 05-2026: 4.2%● unchanged vs 04-2026 06-2026: 4.3%▲ +0.1 percentage points vs 05-2026 07-2026: 4.4%▲ +0.1 percentage points vs 06-2026 08-2026: 4.5%▲ +0.1 percentage points vs 07-2026 09-2026: 4.5%● unchanged vs 08-2026 10-2026: 4.7%▲ +0.2 percentage points vs 09-2026 11-2026: 4.7%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.34 (0.33 in 2025), below 1. Short-term debt is 82.1% and cash 5.3% of total assets. 82.1% 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 41, micro). It does better than 25% of them on solvency, 10% on liquidity, 16% on profitability and 11% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

Credit check for an amount and term of your choice

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.

Signals

Six signals.
raises riskneutral
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
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €54,485
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.34, cash €2,880
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 309 sector peers (2026).
NBB · sector comparison
Position among 309 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2026
47 days early
2025
43 days early
← before the deadline after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 14-09-2026 at the NBB all 2 filings

Turnover
≈ €63,000
Estimated: probably between €33,000 and €110,000
Total assets
€54,485▲ 15.4%
2025 · €47,222
Net result
-€9,088
2025 · €13,842
Working capital
-€29,338▼ 55.3%
2025 · -€18,887
Multi-year overview
2025 to 2026, 2 financial years
Operating result
-€6,891
2026
20252026
Net result
-€9,088
2026
20252026
Equity
€9,754
▼ 48.2% 2026
20252026
Total assets
€54,485
▲ 15.4% 2026
20252026
Debt
€44,731
▲ 57.6% 2026
20252026
Working capital
-€29,338
▼ 55.3% 2026
20252026
Solvency
17.9%
▼ 22.0pp 2026
20252026
Current ratio
0.34
▲ 0.01 2026
20252026
Return on assets (ROA)
-16.7%
▼ 46.0pp 2026
20252026
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20252026
Operating result€17,443--€6,891
Net result€13,842within the sector's middle half--€9,088
Equity€18,842within the sector's middle half-€9,754▼ 48.2%
Total assets€47,222below the sector's middle half-€54,485▲ 15.4%
Debt€28,380-€44,731▲ 57.6%
Working capital-€18,887below the sector's middle half--€29,338▼ 55.3%
Solvency39.9%within the sector's middle half-17.9%▼ 22.0pp
Current ratio0.33below the sector's middle half-0.34▲ 0.01
Return on assets (ROA)29.3%above the sector's middle half--16.7%▼ 46.0pp
above within below The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2026 is a loss of €6,891, after a profit of €17,443 in 2025.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €54,485
Fixed assets €39,092 ▲ 3.6%
Current assets €15,394 ▲ 62.2%
Equity and liabilities €54,485
Equity €9,754 ▼ 48.2%
Debt €44,731 ▲ 57.6%
Debt's share of the balance-sheet total rises from 60.1% to 82.1%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€4,551▼
2025 · €21,754
Cash flow
€2,353▼
2025 · €18,153
Debt to equity
4.59▲
2025 · 1.51
ROE
-93.2%▼
2025 · 73.5%
Interest coverage
2.07▼
2025 · over 100
Debt ≤ 1 year
€44,731▲
2025 · €28,380
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item31-03-202531-03-2026
Tangible fixed assets€42,040€12,804
Depreciation and write-downs of the year€4,311€11,442

Source: notes to the 2025 to 2026 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 36 lines
Balance sheet Code20252026
Assets
Total assets20/58€47,222€54,485▲
Fixed assets21/28€37,729€39,092▲
Tangible fixed assets22/27€37,729€39,092▲
Plant, machinery and equipment23€3,103€2,490▼
Furniture and vehicles24€34,626€36,601▲
Current assets29/58€9,493€15,394▲
Amounts receivable within one year40/41€8,804€9,914▲
Other amounts receivable41€8,804€9,914▲
Cash at bank and in hand54/58€271€2,880▲
Deferred charges and accrued income490/1€419€2,600▲
Equity and liabilities
Total equity and liabilities10/49€47,222€54,485▲
Equity10/15€18,842€9,754▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€13,842€4,754▼
Amounts payable17/49€28,380€44,731▲
Amounts payable within one year42/48€28,380€44,731▲
Current portion of amounts payable after more than one year42-€5,056
Trade debts44€23,899€39,192▲
Suppliers440/4€23,899€39,192▲
Taxes, remuneration and social security45€3,527-
Taxes450/3€3,527-
Other amounts payable47/48€954€483▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,311€11,442▲
Other operating charges640/8€937€646▼
Gross operating margin9900€22,691€5,196▼
Operating profit (loss)9901€17,443-€6,891▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€74€2,199▲
Recurring financial charges65€74€2,199▲
Profit (loss) for the period before taxes9903€17,369-€9,088▼
Income taxes67/77€3,527-
Profit (loss) for the period9904€13,842-€9,088▼
Profit (loss) for the period to be appropriated9905€13,842-€9,088▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,842€4,754▼
Profit (loss) brought forward from the previous period14P-€13,842

The notes to these accounts have 5 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 2026 at the NBB, filed on 14-09-2026.

Line20252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,311€11,442▲ 165%
Other operating charges640/8€937€646▼ 31.1%
Gross operating margin9900€22,691€5,196▼ 77.1%
Operating profit (loss)9901€17,443-€6,891-
Financial income75/76B€0€2▲ 74×
Recurring financial income75€0€2▲ 74×
Financial charges65/66B€74€2,199▲ 30×
Recurring financial charges65€74€2,199▲ 30×
Profit (loss) for the period before taxes9903€17,369-€9,088-
Income taxes67/77€3,527--
Profit (loss) for the period9904€13,842-€9,088-
Profit (loss) for the period to be appropriated9905€13,842-€9,088-
Line20252026Change
Assets
Total assets20/58€47,222€54,485▲ 15.4%
Fixed assets21/28€37,729€39,092▲ 3.6%
Tangible fixed assets22/27€37,729€39,092▲ 3.6%
Plant, machinery and equipment23€3,103€2,490▼ 19.7%
Furniture and vehicles24€34,626€36,601▲ 5.7%
Current assets29/58€9,493€15,394▲ 62.2%
Amounts receivable within one year40/41€8,804€9,914▲ 12.6%
Other amounts receivable41€8,804€9,914▲ 12.6%
Cash at bank and in hand54/58€271€2,880▲ 964%
Deferred charges and accrued income490/1€419€2,600▲ 521%
Equity and liabilities
Total equity and liabilities10/49€47,222€54,485▲ 15.4%
Equity10/15€18,842€9,754▼ 48.2%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€13,842€4,754▼ 65.7%
Amounts payable17/49€28,380€44,731▲ 57.6%
Amounts payable within one year42/48€28,380€44,731▲ 57.6%
Current portion of amounts payable after more than one year42-€5,056-
Trade debts44€23,899€39,192▲ 64.0%
Suppliers440/4€23,899€39,192▲ 64.0%
Taxes, remuneration and social security45€3,527--
Taxes450/3€3,527--
Other amounts payable47/48€954€483▼ 49.3%
Line20252026Change
Profit (loss) for the period9904€13,842-€9,088-
+ Depreciation and write-downs630€4,311€11,442▲ 165%
Operating cash flow (approximation)€18,153€2,353▼ 87.0%
Investment in fixed assets (approximation)--€12,804-
Change in cash-€2,609-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,207 companies had the same profile as BIDAV has now. Two years later, 90.1% were still going and 4.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
90.1% was still going
4.6% stopped otherwise
4.6% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BIDAV itself: 4.7% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,207 companies, not a prediction for BIDAV. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-03-2026 micro format 14-09-2026 2026-00514620 PDF
31-03-2025 micro format 18-09-2025 2025-00496153 PDF

Board & ownership

Directors

Directors
1 director, no change since 2023
ROMAN Ion
Director (not named in the articles) · appointed in the act of 20-09-2023 · term without a fixed end · also on the board of 1 other company
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 20-09-2023

Owners and capital

Shareholders

At incorporation act of 20-09-2023 ↗

Capital transactions

Capital over time
  1. 20-09-2023 Incorporation · €5,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, één of meerdere bestuurders”

Articles of association, deed of 20-09-2023 (in Dutch)

Network & group

Companies at the same address

246 other companies

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
RG PAC
via ROMAN Ion · Directeur technique
→

Timeline

Acts, filings and financial milestones

Deadline for the 2027 accounts: 31-10-2027
2026
14-09
NBB filing Annual accounts 2026 filedNBB
micro format · 47 days before the deadline
2025
18-09
NBB filing Annual accounts 2025 filedPDF
micro format · 43 days before the deadline
2023
20-09
Gazette deed Incorporation
Starting capital €5,000 · Appointment: ROMAN Ion (director) · Founder11 points ▸
  • Founder, ROMAN Ion
  • Incorporation, 15-09-2023
  • Founding capital, €5,000
  • Other provision, “financieel plan, artikel 5:4,§1 WVV” (deed in Dutch)
  • Registered office clause, “Vlaamse Gewest, 1620 Drogenbos,W.A.Mozartlaan 2” (deed in Dutch)
  • Other provision, “eerste boekjaar en eerste jaarvergadering”, 31-03-2025 (deed in Dutch)
  • Board rule, 1
  • Director appointment, ROMAN Ion (director (not named in the articles))
  • Pre-incorporation commitments, ratification, “alle verbintenissen aangegaan in naam en voor rekening van vennootschap in oprichting met rechten en verplichtingen” (deed in Dutch)
  • Power of attorney, COMPTA TRIOX
  • Power of attorney, Lidia COVACI

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 18 September 2023, BIDAV was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 ROMAN Ion is director of the company, appointed in the act of 20-09-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-09-2023
  3. 3National Bank, annual accounts 2026

Company details

Register details

Identity

KBO record
Name BIDAV in Dutch
Enterprise number 0805.933.705
Legal form Private limited company
Status Active, normale toestand
Founded 18-09-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Filialen,administratieve- en exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij eenvoudig…”
deed of 20-09-2023 (in Dutch)

Registered office and establishments

Registered office W.A. Mozartlaan 2, 1620 Drogenbos, Belgium
Establishment unit BIDAV, Rue du Village(OB) 92, 6230 Pont-à-Celles since 18-09-2023 · unit number 2.350.295.647

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
43211 General electrical installation work
43240 Other construction installation
43410 Roofing work
Codes under NACEBEL 2008
41201 General construction of buildings main activity
43211 Specialised construction activities
43299 Specialised construction activities
43910 Specialised construction activities

Invoicing and payment

VAT number BE 0805.933.705
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0805933705
Other Peppol ID 9925:BE0805933705
Registered 07-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

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 0805.933.705

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of September at 18:00
deed of 20-09-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
247 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
1.2 ha
Building footprint
907 m²
Building volume
9,995 m³
Tallest building: 13.0 m.
Flanders 1 (50%) Wallonia 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
22001A0006/00W002 Flanders 1.1 ha 1 · 794 m² 13.0 m · 4
52051C0199/00G000 Wallonia 1,378 m² 1 · 112 m² 10.8 m · 3