BKT
ActiveSummary
BKT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €190,839 and a net result of €7,808. Equity is growing by ~4.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability71▲+2
Solvency73=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.62 in 2025; short-term debt: 35.3% and cash: 10.4% of total assets), and 52.5% of the assets are financed with debt.
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Signals
Four 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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2026Solvency, return and age of the figures
Solvency
47.5%
Return on assets
1.9%
Age of the figures
6 mo
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 10-09-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
51 d early
2025
53 d early
2024
37 d early
2023
48 d early
2022
48 d early
2021
33 d early
2020
31 d early
← 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 43 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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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 What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2026, micro schema
Turnover
€801,236
EBIT margin
3.1%
Net result
€7,808▲ 1,495%
2025 · €490
Working capital
€63,154▼ 8.0%
2025 · €68,616
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, 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
Line20222023202420252026
Turnover€801,236
Operating result€24,964▼ 51.3%€16,846▼ 32.5%€6,784▼ 59.7%€7,731▲ 14.0%€14,711▲ 90.3%
Net result€9,968below the sector's middle half▼ 74.0%€16,068within the sector's middle half▲ 61.2%€634within the sector's middle half▼ 96.1%€490within the sector's middle half▼ 22.8%€7,808▲ 1,495%
EBIT margin3.1%
Equity€187,839within the sector's middle half▲ 5.6%€203,908above the sector's middle half▲ 8.6%€199,542above the sector's middle half▼ 2.1%€200,031above the sector's middle half▲ 0.2%€190,839▼ 4.6%
Total assets€554,005below the sector's middle half▲ 7.0%€510,901above the sector's middle half▼ 7.8%€471,509above the sector's middle half▼ 7.7%€419,559above the sector's middle half▼ 11.0%€401,632▼ 4.3%
Debt€366,165▲ 7.7%€306,993▼ 16.2%€271,967▼ 11.4%€219,528▼ 19.3%€210,792▼ 4.0%
Working capital€53,546within the sector's middle half▼ 6.9%€67,726within the sector's middle half▲ 26.5%€68,597within the sector's middle half▲ 1.3%€68,616within the sector's middle half=€63,154▼ 8.0%
Solvency33.9%within the sector's middle half▼ 0.4pp39.9%within the sector's middle half▲ 6.0pp42.3%within the sector's middle half▲ 2.4pp47.7%within the sector's middle half▲ 5.4pp47.5%▼ 0.2pp
Current ratio1.33within the sector's middle half▼ 0.261.63within the sector's middle half▲ 0.311.58within the sector's middle half▼ 0.051.62within the sector's middle half▲ 0.031.45▼ 0.17
Return on assets (ROA)1.8%within the sector's middle half▼ 5.6pp3.1%within the sector's middle half▲ 1.3pp0.1%below the sector's middle half▼ 3.0pp0.1%below the sector's middle half=1.9%▲ 1.8pp
Staff (FTE)4.6within the sector's middle half▼ 2.1%5.5▲ 19.6%3.43.5▲ 2.9%
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 90% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €401,632
Fixed assets
€196,776 ▼ 17.9%
Current assets
€204,856 ▲ 14.0%
Equity and liabilities €401,632
Equity
€190,839 ▼ 4.6%
Debt
€210,792 ▼ 4.0%
Debt's share of the balance-sheet total rises from 52.3% to 52.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€57,728▲
2025 · €53,303
Cash flow
€50,826▲
2025 · €46,061
Quick ratio
1.17▲
2025 · 0.92
Debt to equity
1.10▲
2025 · 1.10
ROE
4.1%▲
2025 · 0.2%
Interest coverage
16.09▲
2025 · 8.75
Debt ≤ 1 year
€141,702▲
2025 · €111,150
Debt > 1 year
€69,091▼
2025 · €108,378
Income taxes
€3,504▲
2025 · €1,861
Staff costs
€196,850▲
2025 · €160,491
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 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% | 1.7% |
| 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 75% 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 10,905 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €801,236 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €512,639 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €225,045 | €228,025 | €119,668 | €160,491 | €196,850 | ▲ 22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,089 | €50,666 | €51,118 | €45,572 | €43,018 | ▼ 5.6% |
| Other operating charges640/8 | €6,058 | €4,453 | €7,378 | €7,353 | €7,081 | ▼ 3.7% |
| Gross operating margin9900 | €302,155 | €299,990 | €184,948 | €221,147 | €261,660 | ▲ 18.3% |
| Operating profit (loss)9901 | €24,964 | €16,846 | €6,784 | €7,731 | €14,711 | ▲ 90.3% |
| Financial income75/76B | €3,732 | €12,357 | €2,127 | €710 | €189 | ▼ 73.3% |
| Recurring financial income75 | €3,732 | €6,474 | €2,127 | €710 | €189 | ▼ 73.3% |
| Non-recurring financial income76B | - | €5,882 | - | - | - | - |
| Financial charges65/66B | €13,567 | €6,279 | €6,404 | €6,091 | €3,589 | ▼ 41.1% |
| Recurring financial charges65 | €13,567 | €6,279 | €6,404 | €6,091 | €3,589 | ▼ 41.1% |
| Profit (loss) for the period before taxes9903 | €15,128 | €22,924 | €2,507 | €2,351 | €11,312 | ▲ 381% |
| Income taxes67/77 | €5,160 | €6,856 | €1,873 | €1,861 | €3,504 | ▲ 88.3% |
| Profit (loss) for the period9904 | €9,968 | €16,068 | €634 | €490 | €7,808 | ▲ 1,495% |
| Transfer to tax-exempt reserves689 | €315 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €9,652 | €16,068 | €634 | €490 | €7,808 | ▲ 1,495% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €554,005 | €510,901 | €471,509 | €419,559 | €401,632 | ▼ 4.3% |
| Fixed assets21/28 | €335,951 | €336,483 | €285,366 | €239,794 | €196,776 | ▼ 17.9% |
| Tangible fixed assets22/27 | €335,951 | €336,483 | €285,366 | €239,794 | €196,776 | ▼ 17.9% |
| Land and buildings22 | €162,653 | €150,531 | €138,945 | €127,660 | €117,878 | ▼ 7.7% |
| Plant, machinery and equipment23 | €162,164 | €137,251 | €108,943 | €85,880 | €62,817 | ▼ 26.9% |
| Furniture and vehicles24 | €5,054 | €841 | €668 | €495 | €323 | ▼ 34.8% |
| Leasing and similar rights25 | €6,079 | €47,861 | €36,810 | €25,759 | €15,758 | ▼ 38.8% |
| Current assets29/58 | €218,054 | €174,418 | €186,143 | €179,766 | €204,856 | ▲ 14.0% |
| Stocks and contracts in progress3 | €84,729 | €74,325 | €69,010 | €77,760 | €39,566 | ▼ 49.1% |
| Stocks30/36 | €77,729 | €58,325 | €52,010 | €52,760 | €39,566 | ▼ 25.0% |
| Contracts in progress37 | €7,000 | €16,000 | €17,000 | €25,000 | - | - |
| Amounts receivable within one year40/41 | €81,020 | €94,926 | €113,148 | €64,759 | €116,543 | ▲ 80.0% |
| Trade receivables40 | €55,411 | €80,541 | €103,554 | €60,874 | €100,167 | ▲ 64.5% |
| Other amounts receivable41 | €25,608 | €14,386 | €9,594 | €3,885 | €16,376 | ▲ 322% |
| Cash at bank and in hand54/58 | €44,366 | €17 | €2,242 | €26,006 | €41,896 | ▲ 61.1% |
| Deferred charges and accrued income490/1 | €7,939 | €5,151 | €1,743 | €11,240 | €6,852 | ▼ 39.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €554,005 | €510,901 | €471,509 | €419,559 | €401,632 | ▼ 4.3% |
| Equity10/15 | €187,839 | €203,908 | €199,542 | €200,031 | €190,839 | ▼ 4.6% |
| Contributions10/11 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Reserves13 | €70,362 | €85,362 | €80,362 | €80,362 | €70,362 | ▼ 12.4% |
| Non-distributable reserves130/1 | €3,775 | €3,775 | - | - | - | - |
| Reserves not available under the articles1311 | €3,775 | €3,775 | - | - | - | - |
| Tax-exempt reserves132 | €587 | €587 | €587 | €587 | €587 | = |
| Distributable reserves133 | €66,000 | €81,000 | €79,775 | €79,775 | €69,775 | ▼ 12.5% |
| Profit (loss) carried forward14 | €47,478 | €48,546 | €49,180 | €49,670 | €50,478 | ▲ 1.6% |
| Amounts payable17/49 | €366,165 | €306,993 | €271,967 | €219,528 | €210,792 | ▼ 4.0% |
| Amounts payable after more than one year17 | €201,658 | €200,301 | €154,420 | €108,378 | €69,091 | ▼ 36.3% |
| Financial debts170/4 | €201,658 | €200,301 | €154,420 | €108,378 | €69,091 | ▼ 36.3% |
| Amounts payable within one year42/48 | €164,507 | €106,692 | €117,547 | €111,150 | €141,702 | ▲ 27.5% |
| Current portion of amounts payable after more than one year42 | €40,116 | €49,350 | €45,881 | €45,475 | €39,489 | ▼ 13.2% |
| Financial debts43 | - | €11,373 | €20,128 | - | - | - |
| Credit institutions430/8 | - | €11,373 | €20,128 | - | - | - |
| Trade debts44 | €108,607 | €31,224 | €36,109 | €51,119 | €64,291 | ▲ 25.8% |
| Suppliers440/4 | €108,607 | €31,224 | €36,109 | €51,119 | €64,291 | ▲ 25.8% |
| Taxes, remuneration and social security45 | €14,594 | €14,745 | €8,314 | €6,151 | €15,783 | ▲ 157% |
| Taxes450/3 | €6,947 | €8,629 | €4,306 | €2,446 | €2,275 | ▼ 7.0% |
| Remuneration and social security454/9 | €7,647 | €6,116 | €4,008 | €3,705 | €13,508 | ▲ 265% |
| Other amounts payable47/48 | €1,191 | - | €7,115 | €8,405 | €22,138 | ▲ 163% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,968 | €16,068 | €634 | €490 | €7,808 | ▲ 1,495% |
| + Depreciation and write-downs630 | €46,089 | €50,666 | €51,118 | €45,572 | €43,018 | ▼ 5.6% |
| Operating cash flow (approximation) | €56,056 | €66,734 | €51,751 | €46,061 | €50,826 | ▲ 10.3% |
| Investment in fixed assets (approximation) | - | -€51,198 | €0 | €0 | €0 | - |
| Change in cash | - | -€44,349 | €2,225 | €23,765 | €15,889 | ▼ 33.1% |
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 2027, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €490 ▼22.8%
Net result drops to €490, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €200,000Eq €200,031 ▲0.2%
7 profitable years in a row build equity to €200,031.
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €200,000Eq €203,908 ▲8.6%
5 profitable years in a row build equity to €203,908.
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €38,285 ▲361%
Operating result €51,252, net result €38,285, both a record.
31-03
Financial
Equity above €150,000Eq €177,872 ▲27.4%
3 profitable years in a row build equity to €177,872.
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Houthulst · 1 establishment unit since 2010
Ground area
2,588 m²
Building footprint
592 m²
Volume, LiDAR
3,584 m³
Parcel 32009B0492/00N000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BKT dakwerken
since 20102.187.044.251
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32009B0492/00N000 | Flanders | 2,588 m² | 1 · 592 m² | 8.5 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,629 EUR awarded · 1,629 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 194 EUR | 194 EUR |
| 2024 | 1 | 105 EUR | 200 EUR |
| 2023 | 1 | 501 EUR | 591 EUR |
| 2022 | 1 | 829 EUR | 644 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesBKT BV45392
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Of 393 companies in sector 42990 we hold annual accounts for 182. 138 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
Founded13-04-2010
Fiscal year end31-03
Activities, NACEBEL 2025
42990Civil engineering
43410Roofing work
43120Site preparation
43221Plumbing work
43230Insulation installation
43331Floor and wall tiling
Contact
E-mail
info@bktdakwerken.beHouthulst
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824929669
Also
9925:BE0824929669
Registered
05-04-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.