Equity
BLG GENERAL CONSTRUCT has made a profit in every financial year since 2023.
BLG GENERAL CONSTRUCT has made a profit in every financial year since 2023.
The micro format states no turnover.
Of this, €87,391 falls due within a year.
Green is investment, beige is depreciation.
The 2023 accounts came 3 days late. The other two were filed on time.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 41, micro). It does better than 25% of them on solvency, 9% on liquidity, 50% on profitability and 77% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-08-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 7,976 companies had the same profile as BLG GENERAL CONSTRUCT has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BLG GENERAL CONSTRUCT itself: 3.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for BLG GENERAL CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.03 (1.46 in 2024), below the usual 1.5. Short-term debt is 81.6% and cash 3.3% of total assets. 82.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BLG GENERAL CONSTRUCT Overijse | €107,095 | €16,132 | 17.9% | - |
| DEG CONCEPT Drogenbos | €102,795 | €16,745 | 51.3% | - |
| TE-Bouw Geetbets | €101,178 | €16,975 | -12.8% | - |
| EUROSTART BELGIUM Dilbeek | €102,671 | €14,806 | 46.9% | - |
| TMT RENOVA SERVICES Kortenberg | €126,847 | €15,837 | 41.4% | - |
| PR CONSTRUCTIONS Sint-Pieters-Leeuw | €94,596 | €18,735 | 12.8% | - |
| DAMATA BUILDING Vilvoorde | €114,488 | €14,721 | 14.2% | - |
These companies have the same main activity as BLG GENERAL CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €94,600 and €127,000, founded between 2022 and 2023.
BLG GENERAL CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €11,747 in 2023 to €16,132 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 25% of 9,452 companies in 2025.
Higher than 23% of 9,200 companies in 2025.
Higher than 46% of 9,272 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
107,095 | 41,515 | 47,593 | |
21/28 |
17,132 | 987 | - | |
22/27 |
17,132 | 987 | - | |
23 |
620 | 987 | - | |
24 |
16,511 | - | - | |
29/58 |
89,964 | 40,528 | 47,593 | |
40/41 |
86,149 | 33,788 | 35,499 | |
40 |
83,857 | 24,226 | 34,819 | |
41 |
2,292 | 9,562 | 680 | |
54/58 |
3,546 | 6,739 | 5,712 | |
490/1 |
268 | - | 6,383 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
107,095 | 41,515 | 47,593 | |
10/15 |
19,127 | 13,410 | 10,301 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
16,627 | 10,910 | 7,801 | |
17/49 |
87,969 | 28,104 | 37,292 | |
42/48 |
87,391 | 27,704 | 31,007 | |
43 |
- | 3,521 | - | |
430/8 |
- | 3,521 | - | |
44 |
80,198 | 5,523 | 17,866 | |
440/4 |
1,179 | 2,262 | 726 | |
441 |
79,018 | 3,261 | 17,140 | |
45 |
7,194 | 18,660 | 13,141 | |
450/3 |
1,794 | 3,660 | 2,692 | |
454/9 |
5,400 | 15,000 | 10,449 | |
492/3 |
577 | 400 | 6,285 | |
| Income statement | ||||
70 |
- | - | 157,653 | |
9900 |
16,132 | 5,034 | 11,747 | |
60/61 |
- | - | 145,906 | |
62 |
753 | 158 | 100 | |
630 |
5,255 | 113 | - | |
9901 |
10,124 | 4,763 | 11,647 | |
75/76B |
4 | - | - | |
75 |
4 | - | - | |
65/66B |
2,618 | 686 | 1,153 | |
65 |
2,618 | 686 | 1,153 | |
9903 |
7,510 | 4,077 | 10,494 | |
67/77 |
1,794 | 968 | 2,692 | |
9904 |
5,716 | 3,109 | 7,801 | |
9905 |
5,716 | 3,109 | 7,801 | |
| Appropriation of the result | ||||
9906 |
16,627 | 10,910 | 7,801 | |
14P |
10,910 | 7,801 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-03-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 15,379 | 4,876 | - | ||
| 10,971 | 3,222 | - | ||
| 21,400 | 1,100 | - | ||
| -3,193 | 1,028 | - | ||
| 2,573 | 12,823 | 16,586 | ||
| - | - | 7.4% | ||
| 17.9% | 32.3% | 21.6% | ||
| 1.03 | 1.46 | 1.53 | ||
| 4.60 | 2.10 | 3.62 | ||
| 29.9% | 23.2% | 75.7% | ||
| 5.3% | 7.5% | 16.4% | ||
| 5.88 | 7.11 | - | ||
| - | - | 81 days | ||
| - | - | 45 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-08-2025 | 31-08-2024 | 31-08-2023 |
|---|---|---|---|
| Tangible fixed assets | €21,400 | €1,100 | - |
| €5,255 | €113 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 113% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 67.7% to 82.1%. Equity and debt are higher.
BLG GENERAL CONSTRUCT has no parent and no holdings in its annual accounts. BOLOG Marius-Marian is the only director. BLG GENERAL CONSTRUCT shares no director with another company.
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Deadline for the 2026 accounts: 31-03-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
BLG GENERAL CONSTRUCT was incorporated on 5 July 2022 as a private limited company by one natural person, with a starting capital of €2,500.12 The registered office was moved to Overijse in 2022.3 BOLOG Marius-Marian is director of the company, appointed by deed of 07-07-2022.2 Total assets rose from €47,593 in 2023 to €107,095 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 292 registered office 3090 Overijse | 05-07-2022 | 2.337.921.813 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23062B0376/02D005 | 1,934 m² | 1 · 198 m² | 6.6 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0788.244.071
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