BILDWARE
ActiveSummary
BILDWARE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,387 and a net result of €27,387. Its solvency ranks better than 20% of 9,624 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Staff
- 0.3 FTE
- Equity
- €77,387
- Profit
- €27,387
- Parent
- CINC · 51%
Why 68raises riskFounded in 2025Equity €77,387 (13.3% of total assets)lowers riskSize: 0.3 FTE, total assets €584,037Figures for financial year 2025 (filed 18-06-2026)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 26% on solvency, 35% on liquidity and 61% on profitability.
The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointments: CINC (director) and VAN…
Financials · financial year 2025, abbreviated format
Turnover and EBIT margin not published: the abbreviated format does not require them.
Peer companies
Historical observationOf the 294 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.6% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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 294 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.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €20,079 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,720 |
| Other operating charges640/8 | €303 |
| Gross operating margin9900 | €77,148 |
| Operating profit (loss)9901 | €43,045 |
| Financial income75/76B | €2,800 |
| Recurring financial income75 | €2,800 |
| Financial charges65/66B | €9,617 |
| Recurring financial charges65 | €9,617 |
| Profit (loss) for the period before taxes9903 | €36,229 |
| Income taxes67/77 | €8,841 |
| Profit (loss) for the period9904 | €27,387 |
| Profit (loss) for the period to be appropriated9905 | €27,387 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €584,037 | |
| Fixed assets21/28 | €81,829 | |
| Intangible fixed assets21 | €20,883 | |
| Tangible fixed assets22/27 | €60,196 | |
| Plant, machinery and equipment23 | €9,275 | |
| Furniture and vehicles24 | €50,921 | |
| Financial fixed assets28 | €750 | |
| Current assets29/58 | €502,208 | |
| Stocks and contracts in progress3 | €296,178 | |
| Stocks30/36 | €296,178 | |
| Amounts receivable within one year40/41 | €116,183 | |
| Trade receivables40 | €109,961 | |
| Other amounts receivable41 | €6,222 | |
| Cash at bank and in hand54/58 | €89,846 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €584,037 | |
| Equity10/15 | €77,387 | |
| Contributions10/11 | €50,000 | |
| Reserves13 | €27,387 | |
| Distributable reserves133 | €27,387 | |
| Amounts payable17/49 | €506,649 | |
| Amounts payable after more than one year17 | €148,515 | |
| Financial debts170/4 | €148,515 | |
| Amounts payable within one year42/48 | €357,720 | |
| Current portion of amounts payable after more than one year42 | €31,765 | |
| Financial debts43 | €200,000 | |
| Credit institutions430/8 | €200,000 | |
| Trade debts44 | €114,816 | |
| Suppliers440/4 | €114,816 | |
| Taxes, remuneration and social security45 | €11,015 | |
| Taxes450/3 | €8,841 | |
| Remuneration and social security454/9 | €2,173 | |
| Other amounts payable47/48 | €125 | |
| Accrued charges and deferred income492/3 | €414 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €27,387 |
| + Depreciation and write-downs630 | €13,720 |
| Operating cash flow (approximation) | €41,108 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-06-2026 | 2026-00177808 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €345 awarded · €345 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
- CINC
- BILDWARE
Highest known parent: CINC. The sources do not say who stands above it.
Owners 1
- CINCparentSourceaccounts CINC 202551%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
15-01
Gazette deed
IncorporationAppointments: CINC (director) and VAN dE WAETER Sean (director) · Founding capital · Capital12 facts ▸
- Incorporation, 13-01-2025
- Founding capital, €50,000
- Capital
- Registered office clause, “1740 Ternat, Steenkappersstraat 70” (deed in Dutch)
- Board rule, 2
- Director appointment, CINC (director (not named in the articles))
- Director appointment, VAN dE WAETER Sean (director (not named in the articles))
- Declaration, “JustBan opzoeking op 2025-01-13, bestuursverbod” (deed in Dutch) (2 times)
- Pre-incorporation commitments, “takeover, alle verbintenissen, verplichtingen en activiteiten” (deed in Dutch)
- Declaration, “UBO-register, comparant gewezen op doel van UBO-register en sanctiebepalingen artikel 1:36 WVV bij niet tijdig uitvoeren formaliteiten artikelen 1:34 en 1:35 WV…” (deed in Dutch)
- Declaration, “bestuurder(s), UBO-verplichting” (deed in Dutch)
- Power of attorney, Fiscovan nv
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 15 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23086A0703/00A000 | Flanders | 1.2 ha | 2 · 4,759 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aan-en verkoop, groot-en kleinhandel, import en export van alle bouwmaterialen; Het aanbieden van full service bouwpakketten; Het leveren…” (deed in Dutch)
11 activities (deed in Dutch)
- De aan-en verkoop, groot-en kleinhandel, import en export van alle bouwmaterialen
- Het aanbieden van full service bouwpakketten
- Het leveren van bouwstenen, bakstenen, vloeren en faience, sanitaire benodigdheden, hout- en verwerkingsproducten, PVC-producten, isolatiemateriaal, materialen voor dakbedekking enz.
- Het verlenen van service aan aannemers onder de vorm van proactief productadvies en administratieve begeleiding door middel van werkvoorbereiding, opvolging en logistiek
- Het beheren van vermogens van roerende en onroerende goederen, het aankopen, verkopen, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren en verkavelen van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
- Deelnemen in of zich op een andere wijze interesseren in andere vennootschappen, ondernemingen, groeperingen of organisaties
- Alle verrichtingen die nodig zijn voor de verwezenlijking van haar doel zowel in België als in het buitenland
- Alle handelsverrichtingen, nijverheidsverrichtingen, financiële en onroerende verrichtingen zo voor eigen rekening als voor rekening van derden
- Belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen
- De functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen
- Zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BILDWARE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, eenvoudige beslissing van het bestuursorgaan naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursbevoegdheid, geheel van bevoegdheden aan hem toegekend, met mogelijkheid deel te delegeren” (deed in Dutch)“Vergoeding bestuurders, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel wordt uitgeoefend” (deed in Dutch)“Bestuursorgaan bepaalt of alleen dan wel gezamenlijk optreden, dagelijks bestuur” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Register van aandelen op naam, op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Dertig dagen na uitwerking van de optie, wettelijke intrestvoet” (deed in Dutch)“Elke overdracht of overgang van aandelen aan derden, zowel de vrijwillige als de gedwongen overdracht, onder levenden ten bezwarende titel…” (deed in Dutch)“Ten bezwarende titel: prijs geboden door kandidaat-overnemer; ten kosteloze titel: intrinsieke waarde, voorkooprecht - geen derde…” (deed in Dutch)8 more provisions on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht toe aan blote eigenaar tenzij anders overeengekomen; nieuwe aandelen behoren hem in volle eigendom toe; hij is verplicht…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 16:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Hernieuwbare termijn van drie jaar, controle” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, beslissing van algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed