BMG GROUP CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BMG GROUP CONSTRUCT is 3.7% (moderate). The 2025 annual accounts show equity of €135k and a net result of €37k. Equity is growing by ~77.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 2056 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-17
Solvency65▲+18
Growth85=
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.12 in 2024; short-term debt: 59.8% and cash: 5.6% of total assets), and 59.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
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
40.2%
Return on assets
10.9%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 28-05-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
3 d early
2022
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.14M▲ 86.8%
2023 · €613k
EBIT margin
10.6%▲ 8.4pp
2023 · 2.2%
Net result
€37k▼ 57.0%
2024 · €85k
Working capital
€80k▲ 86.8%
2024 · €43k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€438k-€613k▲ 39.8%€1.14M▲ 86.8%
Operating result€11k-€13k▲ 28.1%€121k▲ 796%€78k▼ 35.5%
Net result€6k-€7k▲ 15.3%€85k▲ 1,095%€37k▼ 57.0%
EBIT margin2.4%-2.2%▼ 0.2pp10.6%▲ 8.4pp
Equity€7k-€14k▲ 99.3%€100k▲ 595%€135k▲ 35.3%
Total assets€39k-€115k▲ 197%€462k▲ 302%€336k▼ 27.3%
Debt€31k-€101k▲ 220%€363k▲ 260%€201k▼ 44.5%
Working capital€6k-€-39k€43k€80k▲ 86.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336k
Fixed assets
€55k ▼ 3.8%
Current assets
€282k ▼ 30.6%
Equity and liabilities €336k
Equity
€135k ▲ 35.3%
Debt
€201k ▼ 44.5%
Debt's share of the balance-sheet total falls from 78.4% to 59.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▼
2024 · €135k
Cash flow
€53k▼
2024 · €99k
Current ratio
1.40▲
2024 · 1.12
Debt to equity
1.49▼
2024 · 3.63
ROE
27.2%▼
2024 · 85.6%
ROA
10.9%▼
2024 · 18.5%
Interest coverage
4.14▼
2024 · 51.78
Debt ≤ 1 year
€201k▼
2024 · €363k
Income taxes
€19k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €438k | €613k | €1.14M | - | - |
| Goods, raw materials, services and sundry goods60/61 | €424k | €580k | €866k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €13k | €14k | €17k | ▲ 18.4% |
| Other operating charges640/8 | €1k | €6k | €143k | €4k | ▼ 97.0% |
| Gross operating margin9900 | €14k | €32k | €278k | €99k | ▼ 64.4% |
| Operating profit (loss)9901 | €11k | €13k | €121k | €78k | ▼ 35.5% |
| Financial income75/76B | - | - | - | €544 | - |
| Recurring financial income75 | - | - | - | €544 | - |
| Financial charges65/66B | €881 | €2k | €3k | €23k | ▲ 775% |
| Recurring financial charges65 | €881 | €2k | €3k | €23k | ▲ 775% |
| Profit (loss) for the period before taxes9903 | €10k | €11k | €118k | €56k | ▼ 52.9% |
| Income taxes67/77 | €3k | €4k | €33k | €19k | ▼ 42.5% |
| Profit (loss) for the period9904 | €6k | €7k | €85k | €37k | ▼ 57.0% |
| Profit (loss) for the period to be appropriated9905 | €6k | €7k | €85k | €37k | ▼ 57.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €39k | €115k | €462k | €336k | ▼ 27.3% |
| Fixed assets21/28 | €2k | €53k | €57k | €55k | ▼ 3.8% |
| Tangible fixed assets22/27 | €2k | €48k | €52k | €50k | ▼ 4.1% |
| Plant, machinery and equipment23 | €982 | €762 | €542 | €322 | ▼ 40.6% |
| Furniture and vehicles24 | €606 | €48k | €51k | €49k | ▼ 3.8% |
| Financial fixed assets28 | - | €5k | €5k | €5k | = |
| Current assets29/58 | €37k | €62k | €406k | €282k | ▼ 30.6% |
| Amounts receivable within one year40/41 | €18k | €24k | €299k | €263k | ▼ 12.3% |
| Trade receivables40 | €4k | €9k | €291k | €237k | ▼ 18.5% |
| Other amounts receivable41 | €14k | €15k | €8k | €25k | ▲ 206% |
| Cash at bank and in hand54/58 | €19k | €38k | €106k | €19k | ▼ 82.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €39k | €115k | €462k | €336k | ▼ 27.3% |
| Equity10/15 | €7k | €14k | €100k | €135k | ▲ 35.3% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €6k | €13k | €99k | €134k | ▲ 35.6% |
| Amounts payable17/49 | €31k | €101k | €363k | €201k | ▼ 44.5% |
| Amounts payable within one year42/48 | €31k | €101k | €363k | €201k | ▼ 44.5% |
| Trade debts44 | €27k | €97k | €298k | €144k | ▼ 51.6% |
| Suppliers440/4 | €22k | €83k | €173k | €85k | ▼ 50.8% |
| Bills of exchange payable441 | €5k | €13k | €125k | €59k | ▼ 52.7% |
| Taxes, remuneration and social security45 | €4k | €4k | €39k | €57k | ▲ 45.0% |
| Taxes450/3 | €4k | €4k | €39k | €47k | ▲ 18.9% |
| Remuneration and social security454/9 | - | - | - | €10k | - |
| Other amounts payable47/48 | - | - | €26k | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €7k | €85k | €37k | ▼ 57.0% |
| + Depreciation and write-downs630 | €2k | €13k | €14k | €17k | ▲ 18.4% |
| Operating cash flow (approximation) | €9k | €20k | €99k | €53k | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | €-65k | €-17k | €-14k | ▲ 17.5% |
| Change in cash | - | €19k | €68k | €-87k | ▼ 228% |
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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-10
Financial
Equity above €100kEq €135k ▲35.3%
4 profitable years in a row build equity to €135k.
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-10
Financial
Highest result since 2022net €85k ▲1,095%
Operating result €121k, net result €85k, both a record.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Koekelberg · 1 establishment unit since 2021
Ground area
345 m²
Building footprint
300 m²
Volume, LiDAR
5,901 m³
2 parcels, Brussels · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BMG GROUP CONSTRUCT
since 20212.324.051.902
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0051/00N000 | Brussels | 224 m² | 1 · 225 m² | 24.3 m · 7 fl. |
| 21572C0016/00V011 | Brussels | 121 m² | 1 · 75 m² | 18.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 7,414. 6,125 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
Founded08-11-2021
Fiscal year end31-10
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.