BN Constructions
ActiveSummary
BN Constructions has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €8k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 484 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+13
Solvency48▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.4 in 2024; short-term debt: 76.7% and cash: 4.3% of total assets), and 76.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% 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
23.3%
Return on assets
1.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-03-2026, 143 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
143 d early
2024
3 d early
2023
64 d late
2022
70 d late
2021
31 d early
2020
15 d early
2019
62 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€128k▲ 6.3%
2024 · €121k
2018: €104klowest in 8 years
2019: €109k▲ +4.8% vs 2018
2020: €111k▲ +1.7% vs 2019
2021: €126k▲ +13.7% vs 2020
2022: €129k▲ +2.5% vs 2021
2023: €135k▲ +4.7% vs 2022highest in 8 years
2024: €121k▼ -10.7% vs 2023
2025: €128k▲ +6.3% vs 2024
2018 → 2025
Total assets
€550k▲ 95.6%
2024 · €281k
2018: €673k
2019: €802k▲ +19.2% vs 2018highest in 8 years
2020: €643k▼ -19.9% vs 2019
2021: €638k▼ -0.7% vs 2020
2022: €551k▼ -13.7% vs 2021
2023: €419k▼ -23.9% vs 2022
2024: €281k▼ -33.0% vs 2023lowest in 8 years
2025: €550k▲ +95.6% vs 2024
2018 → 2025
Net result
€8k
2024 · €-15k
2018: €17khighest in 8 years
2019: €5k▼ -70.2% vs 2018
2020: €2k▼ -63.4% vs 2019
2021: €15k▲ +726% vs 2020
2022: €3k▼ -79.5% vs 2021
2023: €6k▲ +94.0% vs 2022
2024: €-15k▼ -340% vs 2023lowest in 8 years
2025: €8k▲ +152% vs 2024
2018 → 2025
Working capital
€22k▼ 66.4%
2024 · €64k
2018: €-266klowest in 8 years
2019: €-231k▲ +13.1% vs 2018
2020: €-206k▲ +10.7% vs 2019
2021: €-79k▲ +61.6% vs 2020
2022: €-56k▲ +29.1% vs 2021
2023: €40k▲ +170% vs 2022
2024: €64k▲ +62.2% vs 2023highest in 8 years
2025: €22k▼ -66.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€129k▲ 2.5%€135k▲ 4.7%€121k▼ 10.7%€128k▲ 6.3%
2021: €126k
2022: €129k▲ +2.5% vs 2021
2023: €135k▲ +4.7% vs 2022highest in 5 years
2024: €121k▼ -10.7% vs 2023lowest in 5 years
2025: €128k▲ +6.3% vs 2024
Operating result€19k-€21k▲ 9.9%€14k▼ 33.4%€-7k€14k
2021: €19k
2022: €21k▲ +9.9% vs 2021highest in 5 years
2023: €14k▼ -33.4% vs 2022
2024: €-7k▼ -153% vs 2023lowest in 5 years
2025: €14k▲ +286% vs 2024
Net result€15k-€3k▼ 79.5%€6k▲ 94.0%€-15k€8k
2021: €15khighest in 5 years
2022: €3k▼ -79.5% vs 2021
2023: €6k▲ +94.0% vs 2022
2024: €-15k▼ -340% vs 2023lowest in 5 years
2025: €8k▲ +152% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €550k
Fixed assets
€107k ▲ 89.0%
Current assets
€443k ▲ 97.2%
Equity and liabilities €550k
Equity
€128k ▲ 6.3%
Debt
€421k ▲ 163%
Debt's share of the balance-sheet total rises from 57.1% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2024 · €38k
Cash flow
€33k▲
2024 · €31k
Current ratio
1.05▼
2024 · 1.40
Quick ratio
0.31▼
2024 · 1.40
Debt to equity
3.29▲
2024 · 1.33
ROE
5.9%▲
2024 · -12.0%
ROA
1.4%▲
2024 · -5.2%
Interest coverage
7.70▲
2024 · 5.36
Debt ≤ 1 year
€421k▲
2024 · €160k
Income taxes
€1k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€281k€550k▲
Fixed assets21/28€56k€107k▲
Intangible fixed assets21€10k€8k▼
Tangible fixed assets22/27€47k€97k▲
Plant, machinery and equipment23€2k€17k▲
Furniture and vehicles24€13k€62k▲
Other tangible fixed assets26€32k€18k▼
Financial fixed assets28-€2k
Current assets29/58€225k€443k▲
Amounts receivable after more than one year29€12k€7k▼
Other amounts receivable291€12k€7k▼
Stocks and contracts in progress3-€314k
Stocks30/36-€264k
Contracts in progress37-€50k
Amounts receivable within one year40/41€212k€98k▼
Trade receivables40€2k€76k▲
Other amounts receivable41€211k€22k▼
Cash at bank and in hand54/58€5€24k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€281k€550k▲
Equity10/15€121k€128k▲
Contributions10/11€19k€19k=
Reserves13€102k€110k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€102k€110k▲
Amounts payable17/49€160k€421k▲
Amounts payable within one year42/48€160k€421k▲
Financial debts43-€110k
Other loans439-€110k
Trade debts44€48k€133k▲
Suppliers440/4€48k€133k▲
Taxes, remuneration and social security45€39k€2k▼
Taxes450/3€39k€2k▼
Other amounts payable47/48€73k€177k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€2k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€26k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€175k
Other operating charges640/8€10k€16k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€49k€230k▲
Operating profit (loss)9901€-7k€14k▲
Financial income75/76B€6€301▲
Recurring financial income75€6€301▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-15k€9k▲
Income taxes67/77€0€1k▲
Profit (loss) for the period9904€-15k€8k▲
Profit (loss) for the period to be appropriated9905€-15k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€8k▲
Transfer from equity791/2€15k€0▼
Transfer to equity691/2€0€8k▲
To other reserves6921€0€8k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1k | €0 | €2k | €7k | ▲ 196% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €109k | €144k | €91k | €46k | €26k | ▼ 44.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €175k | - |
| Other operating charges640/8 | €11k | €80k | €15k | €10k | €16k | ▲ 55.7% |
| Non-recurring operating charges66A | - | - | €12k | €0 | - | - |
| Gross operating margin9900 | €139k | €244k | €132k | €49k | €230k | ▲ 373% |
| Operating profit (loss)9901 | €19k | €21k | €14k | €-7k | €14k | ▲ 286% |
| Financial income75/76B | €2k | €2k | €6k | €6 | €301 | ▲ 4,859% |
| Recurring financial income75 | €2k | €2k | €6k | €6 | €301 | ▲ 4,859% |
| Financial charges65/66B | €2k | €17k | €13k | €7k | €5k | ▼ 29.0% |
| Recurring financial charges65 | €2k | €17k | €13k | €7k | €5k | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | €18k | €6k | €7k | €-15k | €9k | ▲ 161% |
| Income taxes67/77 | €3k | €3k | €1k | €0 | €1k | - |
| Profit (loss) for the period9904 | €15k | €3k | €6k | €-15k | €8k | ▲ 152% |
| Profit (loss) for the period to be appropriated9905 | €15k | €3k | €6k | €-15k | €8k | ▲ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €638k | €551k | €419k | €281k | €550k | ▲ 95.6% |
| Fixed assets21/28 | €220k | €185k | €96k | €56k | €107k | ▲ 89.0% |
| Intangible fixed assets21 | €15k | €13k | €11k | €10k | €8k | ▼ 17.8% |
| Tangible fixed assets22/27 | €205k | €172k | €85k | €47k | €97k | ▲ 107% |
| Plant, machinery and equipment23 | €6k | €4k | €3k | €2k | €17k | ▲ 780% |
| Furniture and vehicles24 | €31k | €11k | €13k | €13k | €62k | ▲ 372% |
| Leasing and similar rights25 | €5k | €0 | - | - | - | - |
| Other tangible fixed assets26 | €164k | €158k | €69k | €32k | €18k | ▼ 43.3% |
| Financial fixed assets28 | - | - | - | - | €2k | - |
| Current assets29/58 | €418k | €365k | €323k | €225k | €443k | ▲ 97.2% |
| Amounts receivable after more than one year29 | €112k | €66k | €58k | €12k | €7k | ▼ 44.9% |
| Other amounts receivable291 | €112k | €66k | €58k | €12k | €7k | ▼ 44.9% |
| Stocks and contracts in progress3 | - | - | - | - | €314k | - |
| Stocks30/36 | - | - | - | - | €264k | - |
| Contracts in progress37 | - | - | - | - | €50k | - |
| Amounts receivable within one year40/41 | €295k | €295k | €262k | €212k | €98k | ▼ 53.7% |
| Trade receivables40 | €148k | €285k | €70k | €2k | €76k | ▲ 4,896% |
| Other amounts receivable41 | €147k | €11k | €192k | €211k | €22k | ▼ 89.5% |
| Cash at bank and in hand54/58 | €11k | €4k | €2k | €5 | €24k | ▲ 515,309% |
| Deferred charges and accrued income490/1 | - | - | €2k | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €638k | €551k | €419k | €281k | €550k | ▲ 95.6% |
| Equity10/15 | €126k | €129k | €135k | €121k | €128k | ▲ 6.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €107k | €111k | €117k | €102k | €110k | ▲ 7.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €106k | €109k | €115k | €102k | €110k | ▲ 7.4% |
| Amounts payable17/49 | €512k | €422k | €284k | €160k | €421k | ▲ 163% |
| Amounts payable after more than one year17 | €9k | €0 | - | - | - | - |
| Financial debts170/4 | €9k | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €498k | €422k | €284k | €160k | €421k | ▲ 163% |
| Current portion of amounts payable after more than one year42 | €16k | €8k | €0 | - | - | - |
| Financial debts43 | - | - | - | - | €110k | - |
| Other loans439 | - | - | - | - | €110k | - |
| Trade debts44 | €113k | €70k | €145k | €48k | €133k | ▲ 177% |
| Suppliers440/4 | €113k | €70k | €145k | €48k | €133k | ▲ 177% |
| Advances received on contracts in progress46 | €267k | €267k | €0 | - | - | - |
| Taxes, remuneration and social security45 | €54k | €23k | €76k | €39k | €2k | ▼ 95.2% |
| Taxes450/3 | €54k | €23k | €76k | €39k | €2k | ▼ 95.2% |
| Other amounts payable47/48 | €48k | €54k | €64k | €73k | €177k | ▲ 141% |
| Accrued charges and deferred income492/3 | €5k | €0 | €289 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €3k | €6k | €-15k | €8k | ▲ 152% |
| + Depreciation and write-downs630 | €109k | €144k | €91k | €46k | €26k | ▼ 44.1% |
| Operating cash flow (approximation) | €124k | €147k | €97k | €31k | €33k | ▲ 6.1% |
| Investment in fixed assets (approximation) | - | €-109k | €-2k | €-6k | €-76k | ▼ 1,091% |
| Change in cash | - | €-6k | €-2k | €-2k | €24k | ▲ 1,125% |
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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 63 days late
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, Willebroek · 1 establishment unit since 1984
Ground area
1.4 ha
Building footprint
1,110 m²
Volume, LiDAR
7,889 m³
Parcel 12040A0014/00L002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
BN Constructions
since 19842.038.356.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0014/00L002 | Flanders | 1.4 ha | 1 · 1,110 m² | 7.9 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.
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Of 298 companies in sector 33150 we hold annual accounts for 159. 120 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
Founded13-01-1984
Fiscal year end31-12
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
Scores and ratios are computed by Checked and are not a credit decision.