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BK SOL

Active
Private limited companyfounded 20179 yrs activeRue de Balart 112, 5000 Namur, BelgiumKBO/BCE: BE 0681.586.831
Summary

The computed 12-month bankruptcy probability of BK SOL is 2.3% (moderate). For BK SOL, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €87,691 and a net result of €25,138. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 30862 sector peers (fiscal year 2022). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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 = 2021
Profitability81▲+2
Solvency60▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022
Solvency, return and age of the figures
Solvency
35.2%
Return on assets
10.1%
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 5 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
30 d late
2020
27 d late
2019
130 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 September 2017, BK SOL was incorporated.1 Total assets went from EUR 76,848 in 2018 to EUR 248,942 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€87,691▲ 40.2%
2021 · €62,553
Total assets
€248,942▲ 23.7%
2021 · €201,263
Net result
€25,138▲ 58.6%
2021 · €15,846
Working capital
€43,167▼ 9.5%
2021 · €47,690
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€45,815-€9,286▼ 79.7%€8,054▼ 13.3%€24,819▲ 208%€38,071▲ 53.4%
Net result€34,738-€4,257▼ 87.7%€4,626within the sector's middle half▲ 8.7%€15,846within the sector's middle half▲ 243%€25,138within the sector's middle half▲ 58.6%
Equity€40,938-€42,081▲ 2.8%€46,707within the sector's middle half▲ 11.0%€62,553within the sector's middle half▲ 33.9%€87,691within the sector's middle half▲ 40.2%
Total assets€76,848-€122,964▲ 60.0%€80,818within the sector's middle half▼ 34.3%€201,263within the sector's middle half▲ 149%€248,942within the sector's middle half▲ 23.7%
Debt€35,910-€80,883▲ 125%€34,111▼ 57.8%€138,709▲ 307%€161,252▲ 16.3%
Working capital€31,251-€31,071▼ 0.6%€33,733within the sector's middle half▲ 8.6%€47,690within the sector's middle half▲ 41.4%€43,167within the sector's middle half▼ 9.5%
Solvency53.3%-34.2%▼ 19.0pp57.8%within the sector's middle half▲ 23.6pp31.1%within the sector's middle half▼ 26.7pp35.2%within the sector's middle half▲ 4.1pp
Current ratio1.87-1.38▼ 0.491.99within the sector's middle half▲ 0.601.34within the sector's middle half▼ 0.651.27within the sector's middle half▼ 0.08
Return on assets (ROA)45.2%-3.5%▼ 41.7pp5.7%within the sector's middle half▲ 2.3pp7.9%within the sector's middle half▲ 2.1pp10.1%within the sector's middle half▲ 2.2pp
Staff (FTE)0.41▲ 150%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
€0€20,000€40,000Operating result 2018: €45,815€45,815Net result 2018: €34,738€34,738Operating result 2019: €9,286€9,286Net result 2019: €4,257€4,257Operating result 2020: €8,054€8,054Net result 2020: €4,626€4,626Operating result 2021: €24,819€24,819Net result 2021: €15,846€15,846Operating result 2022: €38,071€38,071Net result 2022: €25,138€25,13820182019202020212022€0€10,000€20,000€30,000€40,000Operating result 2020: €8,054€8,050Net result 2020: €4,626€4,630Operating result 2021: €24,819€24,800Net result 2021: €15,846€15,800Operating result 2022: €38,071€38,100Net result 2022: €25,138€25,100202020212022
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 53% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €248,942
Fixed assets €44,524 ▲ 200%
Current assets €204,419 ▲ 9.7%
Equity and liabilities €248,942
Equity €87,691 ▲ 40.2%
Debt €161,252 ▲ 16.3%
Debt's share of the balance-sheet total falls from 68.9% to 64.8%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€45,097▲
2021 · €27,056
Cash flow
€32,164▲
2021 · €18,083
Debt to equity
1.84▼
2021 · 2.22
ROE
28.7%▲
2021 · 25.3%
Interest coverage
63.98▲
2021 · 21.06
Debt ≤ 1 year
€161,252▲
2021 · €138,709
Income taxes
€12,230▲
2021 · €7,689
Staff costs
€13,272▼
2021 · €20,565
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 47 lines
Balance sheet Code20212022
Assets
Total assets20/58€201,263€248,942▲
Fixed assets21/28€14,864€44,524▲
Tangible fixed assets22/27€6,196€35,856▲
Plant, machinery and equipment23€1,772€7,016▲
Furniture and vehicles24€4,424€28,840▲
Financial fixed assets28€8,667€8,667=
Current assets29/58€186,399€204,419▲
Amounts receivable within one year40/41€155,417€166,362▲
Trade receivables40€152,449€155,960▲
Other amounts receivable41€2,968€10,402▲
Cash at bank and in hand54/58€28,572€32,556▲
Deferred charges and accrued income490/1€2,410€5,501▲
Equity and liabilities
Total equity and liabilities10/49€201,263€248,942▲
Equity10/15€62,553€87,691▲
Contributions10/11€6,200€6,200=
Reserves13€17,706€42,844▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€15,846€40,984▲
Profit (loss) carried forward14€38,647€38,647=
Amounts payable17/49€138,709€161,252▲
Amounts payable within one year42/48€138,709€161,252▲
Trade debts44€100,063€128,059▲
Suppliers440/4€100,063€128,059▲
Taxes, remuneration and social security45€15,941€12,357▼
Taxes450/3€8,692€11,113▲
Remuneration and social security454/9€7,249€1,243▼
Other amounts payable47/48€22,706€20,836▼
Income statement Code20212022
Remuneration, social security and pensions62€20,565€13,272▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,237€7,026▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5,340-
Other operating charges640/8€4,635€8,297▲
Non-recurring operating charges66A€774€250▼
Gross operating margin9900€58,369€66,916▲
Operating profit (loss)9901€24,819€38,071▲
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€1,285€705▼
Recurring financial charges65€1,285€705▼
Profit (loss) for the period before taxes9903€23,535€37,367▲
Income taxes67/77€7,689€12,230▲
Profit (loss) for the period9904€15,846€25,138▲
Profit (loss) for the period to be appropriated9905€15,846€25,138▲
Appropriation of the result
Profit (loss) to be appropriated9906€54,493€63,784▲
Profit (loss) brought forward from the previous period14P€38,647€38,647=
Transfer to equity691/2€15,846€25,138▲
To other reserves6921€15,846€25,138▲

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

Line20182019202020212022Change
Remuneration, social security and pensions62---€20,565€13,272▼ 35.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,570€1,426€1,042€2,237€7,026▲ 214%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€5,340--
Other operating charges640/8---€4,635€8,297▲ 79.0%
Non-recurring operating charges66A---€774€250▼ 67.7%
Gross operating margin9900€55,856€26,183€14,285€58,369€66,916▲ 14.6%
Operating profit (loss)9901€45,815€9,286€8,054€24,819€38,071▲ 53.4%
Financial income75/76B---€1€1▲ 47.1%
Recurring financial income75€61€0-€1€1▲ 47.1%
Financial charges65/66B---€1,285€705▼ 45.1%
Recurring financial charges65€1,865€1,879€1,460€1,285€705▼ 45.1%
Profit (loss) for the period before taxes9903€44,011€7,407€6,595€23,535€37,367▲ 58.8%
Income taxes67/77€9,273€3,150€1,969€7,689€12,230▲ 59.1%
Profit (loss) for the period9904€34,738€4,257€4,626€15,846€25,138▲ 58.6%
Profit (loss) for the period to be appropriated9905€34,738€4,257€4,626€15,846€25,138▲ 58.6%
Line20182019202020212022Change
Assets
Total assets20/58€76,848€122,964€80,818€201,263€248,942▲ 23.7%
Fixed assets21/28€9,687€11,010€12,974€14,864€44,524▲ 200%
Tangible fixed assets22/27€9,687€2,427€4,391€6,196€35,856▲ 479%
Plant, machinery and equipment23---€1,772€7,016▲ 296%
Furniture and vehicles24---€4,424€28,840▲ 552%
Financial fixed assets28-€8,583€8,583€8,667€8,667=
Current assets29/58€67,161€111,954€67,844€186,399€204,419▲ 9.7%
Amounts receivable within one year40/41€46,886€95,827€65,395€155,417€166,362▲ 7.0%
Trade receivables40---€152,449€155,960▲ 2.3%
Other amounts receivable41---€2,968€10,402▲ 250%
Current investments50/53€18,956-----
Cash at bank and in hand54/58-€14,996€1,462€28,572€32,556▲ 13.9%
Deferred charges and accrued income490/1---€2,410€5,501▲ 128%
Equity and liabilities
Total equity and liabilities10/49€76,848€122,964€80,818€201,263€248,942▲ 23.7%
Equity10/15€40,938€42,081€46,707€62,553€87,691▲ 40.2%
Contributions10/11€6,200€6,200-€6,200€6,200=
Reserves13€1,860€1,860€1,860€17,706€42,844▲ 142%
Non-distributable reserves130/1---€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860=
Distributable reserves133---€15,846€40,984▲ 159%
Profit (loss) carried forward14€32,878€34,021€38,647€38,647€38,647=
Amounts payable17/49€35,910€80,883€34,111€138,709€161,252▲ 16.3%
Amounts payable within one year42/48€35,910€80,883€34,111€138,709€161,252▲ 16.3%
Trade debts44€5,345€47,350€21,733€100,063€128,059▲ 28.0%
Suppliers440/4---€100,063€128,059▲ 28.0%
Taxes, remuneration and social security45---€15,941€12,357▼ 22.5%
Taxes450/3---€8,692€11,113▲ 27.9%
Remuneration and social security454/9---€7,249€1,243▼ 82.8%
Other amounts payable47/48---€22,706€20,836▼ 8.2%
Line20182019202020212022Change
Profit (loss) for the period9904€34,738€4,257€4,626€15,846€25,138▲ 58.6%
+ Depreciation and write-downs630€4,570€1,426€1,042€2,237€7,026▲ 214%
Operating cash flow (approximation)€39,308€5,683€5,668€18,083€32,164▲ 77.9%
Investment in fixed assets (approximation)--€2,749-€3,006-€4,126-€36,686▼ 789%
Change in cash---€13,534€27,110€3,984▼ 85.3%

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

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Timeline · acts, filings and financial milestones

2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
08-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
2019
31-12
Financial Weakest financial yearnet €4,257 ▼87.7%
Net result drops to €4,257, the lowest in the series; recovery starts the following year.
01-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 93 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Namur · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
128 m²
Building footprint
60 m²
Volume, LiDAR
627 m³
Parcel 92094B0316/00B002, Wallonia · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BK SOL
Rue de Balart 112, 5000 NamurSite preparation
since 20172.294.372.078
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92094B0316/00B002 Wallonia 128 m² 1 · 60 m² 12.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 751 companies in sector 43422 we hold annual accounts for 424. 357 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
43422Screed work
43110Demolition
43120Site preparation
43310Plastering work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Contact
E-mail BAKIBASHA1970@HOTMAIL.COMNamur
Phone 0488/47.42.34Namur
E-invoicing
Reachable via Peppol
Peppol ID 0208:0681586831
Also 9925:BE0681586831
Registered 27-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.