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BIERMANS CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearRue du Cheval Blanc 319, 4852 Plombières, BelgiumKBO/BCE: BE 1022.171.548
Summary

The computed 12-month bankruptcy probability of BIERMANS CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €5,252 and a net result of €3,085. Its solvency ranks better than 18% of 34,728 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€5,252
Total assets
€33,459
Net result
€3,085
Working capital
€25

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €33,459
Fixed assets €22,613
Current assets €10,846
Equity and liabilities €33,459
Equity €5,252
Debt €28,207
Debt finances 84.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€8,131
Cash flow
€6,435
Current ratio
1.00
Debt to equity
5.37
ROE
58.7%
ROA
9.2%
Interest coverage
13.25
Debt ≤ 1 year
€10,821
Debt > 1 year
€17,386
Income taxes
€1,082

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€33,459
Fixed assets21/28€22,613
Tangible fixed assets22/27€22,613
Plant, machinery and equipment23€1,127
Furniture and vehicles24€21,486
Current assets29/58€10,846
Amounts receivable within one year40/41€5,529
Trade receivables40€4,455
Other amounts receivable41€1,074
Cash at bank and in hand54/58€5,267
Deferred charges and accrued income490/1€50
Equity and liabilities
Total equity and liabilities10/49€33,459
Equity10/15€5,252
Contributions10/11€3,000
Reserves13€2,252
Distributable reserves133€2,252
Profit (loss) carried forward14€0
Amounts payable17/49€28,207
Amounts payable after more than one year17€17,386
Financial debts170/4€17,386
Amounts payable within one year42/48€10,821
Current portion of amounts payable after more than one year42€4,728
Trade debts44€2,353
Suppliers440/4€2,353
Taxes, remuneration and social security45€2,057
Taxes450/3€2,057
Other amounts payable47/48€1,683
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,350
Other operating charges640/8€499
Gross operating margin9900€8,629
Operating profit (loss)9901€4,780
Financial charges65/66B€613
Recurring financial charges65€613
Profit (loss) for the period before taxes9903€4,167
Income taxes67/77€1,082
Profit (loss) for the period9904€3,085
Profit (loss) for the period to be appropriated9905€3,085
Appropriation of the result
Profit (loss) to be appropriated9906€3,085
Transfer to equity691/2€2,252
To other reserves6921€2,252
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,350
Other operating charges640/8€499
Gross operating margin9900€8,629
Operating profit (loss)9901€4,780
Financial charges65/66B€613
Recurring financial charges65€613
Profit (loss) for the period before taxes9903€4,167
Income taxes67/77€1,082
Profit (loss) for the period9904€3,085
Profit (loss) for the period to be appropriated9905€3,085
Line2025
Assets
Total assets20/58€33,459
Fixed assets21/28€22,613
Tangible fixed assets22/27€22,613
Plant, machinery and equipment23€1,127
Furniture and vehicles24€21,486
Current assets29/58€10,846
Amounts receivable within one year40/41€5,529
Trade receivables40€4,455
Other amounts receivable41€1,074
Cash at bank and in hand54/58€5,267
Deferred charges and accrued income490/1€50
Equity and liabilities
Total equity and liabilities10/49€33,459
Equity10/15€5,252
Contributions10/11€3,000
Reserves13€2,252
Distributable reserves133€2,252
Profit (loss) carried forward14€0
Amounts payable17/49€28,207
Amounts payable after more than one year17€17,386
Financial debts170/4€17,386
Amounts payable within one year42/48€10,821
Current portion of amounts payable after more than one year42€4,728
Trade debts44€2,353
Suppliers440/4€2,353
Taxes, remuneration and social security45€2,057
Taxes450/3€2,057
Other amounts payable47/48€1,683
Line2025
Profit (loss) for the period9904€3,085
+ Depreciation and write-downs630€3,350
Operating cash flow (approximation)€6,435

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 18-06-2026 2026-00171856

Similar companies · same sector, comparable size

Of the 10,932 active companies whose main activity is bricklaying and masonry work (NACE 43910), figures are known for 5,518. 1,968 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.