BKA Construct
ActiveSummary
The computed 12-month bankruptcy probability of BKA Construct is 2.0% (moderate). The 2025 annual accounts show equity of €13,787 and a net result of €192. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 28184 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-14
Solvency97▲+7
Growth35=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.15 against 2.88 in 2024; short-term debt: 28.2% and cash: 1.1% of total assets), and 28.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.8%
Return on assets
1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
on the day
2023
29 d late
2022
22 d late
2021
61 d late
2020
54 d early
2019
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€37,673▼ 40.9%
2019 · €63,762
EBIT margin
1.1%▼ 4.6pp
2019 · 5.7%
Net result
€192▼ 92.2%
2024 · €2,463
Working capital
€11,605▼ 14.5%
2024 · €13,574
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
Line20212022202320242025
Turnover
Operating result-€5,158€1,895€8,087▲ 327%€3,767▼ 53.4%€806▼ 78.6%
Net result-€6,375below the sector's middle half€1,819within the sector's middle half€7,057within the sector's middle half▲ 288%€2,463within the sector's middle half▼ 65.1%€192below the sector's middle half▼ 92.2%
EBIT margin
Equity€2,256below the sector's middle half▼ 73.9%€4,075below the sector's middle half▲ 80.6%€11,132below the sector's middle half▲ 173%€13,595below the sector's middle half▲ 22.1%€13,787below the sector's middle half▲ 1.4%
Total assets€6,163below the sector's middle half▼ 37.9%€9,661below the sector's middle half▲ 56.8%€12,057below the sector's middle half▲ 24.8%€20,829below the sector's middle half▲ 72.8%€19,198below the sector's middle half▼ 7.8%
Debt€3,908▲ 201%€5,586▲ 43.0%€925▼ 83.4%€7,234▲ 682%€5,410▼ 25.2%
Working capital€2,044▼ 74.1%€3,926▲ 92.1%€11,047▲ 181%€13,574▲ 22.9%€11,605▼ 14.5%
Solvency36.6%within the sector's middle half▼ 50.3pp42.2%within the sector's middle half▲ 5.6pp92.3%above the sector's middle half▲ 50.2pp65.3%within the sector's middle half▼ 27.1pp71.8%above the sector's middle half▲ 6.5pp
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
The operating result has fallen two years in a row; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19,198
Fixed assets
€2,182 ▲ 10,198%
Current assets
€17,015 ▼ 18.2%
Equity and liabilities €19,198
Equity
€13,787 ▲ 1.4%
Debt
€5,410 ▼ 25.2%
Debt's share of the balance-sheet total falls from 34.7% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1,545▼
2024 · €3,830
Cash flow
€931▼
2024 · €2,527
Current ratio
3.15▲
2024 · 2.88
Quick ratio
1.25▼
2024 · 2.88
Debt to equity
0.39▼
2024 · 0.53
ROE
1.4%▼
2024 · 18.1%
ROA
1.0%▼
2024 · 11.8%
Interest coverage
11.71▼
2024 · 27.70
Debt ≤ 1 year
€5,410▼
2024 · €7,234
Income taxes
€482▼
2024 · €1,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 5,047 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €537 | €64 | €64 | €64 | €739 | ▲ 1,061% |
| Other operating charges640/8 | - | €116 | - | €347 | €295 | ▼ 15.0% |
| Gross operating margin9900 | -€4,621 | €2,074 | €8,150 | €4,177 | €1,840 | ▼ 55.9% |
| Operating profit (loss)9901 | -€5,158 | €1,895 | €8,087 | €3,767 | €806 | ▼ 78.6% |
| Financial charges65/66B | €72 | €76 | €104 | €138 | €132 | ▼ 4.6% |
| Recurring financial charges65 | €19 | €76 | €104 | €138 | €132 | ▼ 4.6% |
| Non-recurring financial charges66B | €53 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€5,230 | €1,819 | €7,982 | €3,628 | €674 | ▼ 81.4% |
| Income taxes67/77 | €1,145 | - | €925 | €1,166 | €482 | ▼ 58.6% |
| Profit (loss) for the period9904 | -€6,375 | €1,819 | €7,057 | €2,463 | €192 | ▼ 92.2% |
| Profit (loss) for the period to be appropriated9905 | -€6,375 | €1,819 | €7,057 | €2,463 | €192 | ▼ 92.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,163 | €9,661 | €12,057 | €20,829 | €19,198 | ▼ 7.8% |
| Fixed assets21/28 | €212 | €148 | €85 | €21 | €2,182 | ▲ 10,198% |
| Tangible fixed assets22/27 | €212 | €148 | €85 | €21 | €2,182 | ▲ 10,198% |
| Furniture and vehicles24 | €212 | €148 | €85 | €21 | €2,182 | ▲ 10,198% |
| Current assets29/58 | €5,951 | €9,513 | €11,972 | €20,808 | €17,015 | ▼ 18.2% |
| Stocks and contracts in progress3 | €2,715 | €2,715 | - | - | €10,249 | - |
| Stocks30/36 | €2,715 | €2,715 | - | - | - | - |
| Contracts in progress37 | - | - | - | - | €10,249 | - |
| Amounts receivable within one year40/41 | €3,078 | €2,940 | €10,565 | €20,592 | €6,564 | ▼ 68.1% |
| Trade receivables40 | - | - | €8,512 | €19,647 | €5,739 | ▼ 70.8% |
| Other amounts receivable41 | €3,078 | €2,940 | €2,053 | €946 | €824 | ▼ 12.9% |
| Cash at bank and in hand54/58 | €158 | €3,858 | €1,407 | €216 | €203 | ▼ 5.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,163 | €9,661 | €12,057 | €20,829 | €19,198 | ▼ 7.8% |
| Equity10/15 | €2,256 | €4,075 | €11,132 | €13,595 | €13,787 | ▲ 1.4% |
| Contributions10/11 | €4,600 | €4,600 | €4,600 | €4,600 | €4,600 | = |
| Capital10 | €4,600 | €4,600 | - | - | - | - |
| Issued capital100 | €4,600 | €4,600 | - | - | - | - |
| Profit (loss) carried forward14 | -€2,344 | -€525 | €6,532 | €8,995 | €9,187 | ▲ 2.1% |
| Amounts payable17/49 | €3,908 | €5,586 | €925 | €7,234 | €5,410 | ▼ 25.2% |
| Amounts payable within one year42/48 | €3,908 | €5,586 | €925 | €7,234 | €5,410 | ▼ 25.2% |
| Trade debts44 | - | €5,233 | - | €3,267 | - | - |
| Suppliers440/4 | - | €5,233 | - | €3,267 | - | - |
| Taxes, remuneration and social security45 | - | €353 | €925 | €2,090 | €1,303 | ▼ 37.7% |
| Taxes450/3 | - | €353 | €925 | €2,090 | €1,303 | ▼ 37.7% |
| Other amounts payable47/48 | €3,908 | - | - | €1,877 | €4,107 | ▲ 119% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,375 | €1,819 | €7,057 | €2,463 | €192 | ▼ 92.2% |
| + Depreciation and write-downs630 | €537 | €64 | €64 | €64 | €739 | ▲ 1,061% |
| Operating cash flow (approximation) | -€5,838 | €1,883 | €7,121 | €2,527 | €931 | ▼ 63.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,900 | - |
| Change in cash | - | €3,700 | -€2,451 | -€1,192 | -€12 | ▲ 99.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2019net €7,057 ▲288%
Operating result €8,087, net result €7,057, both a record.
31-12
Financial
Liquidity times 8current ratio 12.94
Current ratio from 1.70 to 12.94; short-term debt falls from €5,586 to €925.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €1,819
Net result €1,819 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet -€6,375
Net result drops to -€6,375, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 7.06
Current ratio from 3.09 to 7.06; short-term debt falls from €3,161 to €1,300.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 2019
Ground area
92 m²
Building footprint
84 m²
Volume, LiDAR
1,127 m³
Parcel 21012A0078/00N003, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Opzichterstraat 188, 1080 Sint-Jans-Molenbeek
since 20192.286.889.222
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0078/00N003 | Brussels | 92 m² | 1 · 83 m² | 17.8 m · 5 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 4,662 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
Founded05-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0697647556
Also
9925:BE0697647556
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.