Debts
€421,397 ▲ 163%
Debts rose by €260,970 in 2025.
BN Constructions
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €244,326 (2022)
€229,927▲ 373%
lowest -€14,506 (2024)
€7,587▲ €22,093
peak €135,139 (2023)
€128,220▲ 6.3%
€421,397▲ 163%
peak 1.4 FTE (2006)
0 FTE
Board3 names since 2021
1 directorBOBU Financial group
Owners2 names in the annual accounts
consolidatesBOBU Financial group
Documentsfilings and deeds
10-03-2026143 days before the deadline
2025abbreviated format
Gross margin from €48,627 to €229,927Back to profit: €7,587Company renamed from Pol to BN Constructions 25-07Debts from €160,427 to €421,397Investments €75,829Cash from €5 to €23,657
Key points
from the 2025 annual accountsInvestments
€104,692 4.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 779.6% higher than in 2024.
Filings
42 annual accounts since 1984
Five of the last ten came late. The 2022 accounts came latest: 70 days after the end of the period.
Checked score
80
Excellent
Financially stronger than 28% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.2 percentage points vs 06-2025
08-2025: 2.3%▲ +1.1 percentage points vs 07-2025highest value
09-2025: 2.3%● unchanged vs 08-2025highest value
10-2025: 2.3%● unchanged vs 09-2025highest value
11-2025: 2.3%● unchanged vs 10-2025highest value
12-2025: 2.3%● unchanged vs 11-2025highest value
01-2026: 2.3%● unchanged vs 12-2025highest value
02-2026: 2.3%● unchanged vs 01-2026highest value
03-2026: 2.3%● unchanged vs 02-2026highest value
04-2026: 0.4%▼ -1.9 percentage points vs 03-2026lowest value
05-2026: 0.4%● unchanged vs 04-2026lowest value
06-2026: 0.4%● unchanged vs 05-2026lowest value
07-2026: 0.4%● unchanged vs 06-2026lowest value
08-2026: 0.4%● unchanged vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
1 of the last 3 accounts late
lowers risk
Size: total assets €549,617
Founded in 1984
Calculation
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 33, micro). It does better than 26% of them on solvency, 8% on liquidity, 33% on profitability and 45% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as BN Constructions has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of BN Constructions itself: 0.4% within 12 months.
Test of the method
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 4,685 companies, not a prediction for BN Constructions. 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.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (1.4 in 2024), below the usual 1.5. Short-term debt is 76.7% and cash 4.3% of total assets. 76.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
3 days early
2023
64 days late
2022
70 days late
2021
31 days early
2020
15 days early
2019
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 73 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BOBU Financial group 99.6%annual accounts 2022
- Nico Paula J Bertels 0.4%annual accounts 2022
Recent changes
Company renamed from Pol to BN Constructions
General meeting of 26-06-2025 · Gazette deed
1 director appointed, 3 resignations
Resignations: BERTELS Nico Paula Jozef, BOBU Financial group and RODYNS Jessy · Permanent representative: BERTELS Nico Paula Jozef · Appointment: BOBU Financial group · General meeting of 26-03-2024 · Gazette deed
First establishment
Victor Dumonlaan 6, Willebroek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BN Constructions Willebroek | €0.5m | €229,927 | 23.3% | 0 |
| ANTWERP UNDERWATER SALVAGE Antwerp | €0.6m | €111,801 | 42.0% | 1 |
| BEMA Ostend | €0.6m | €212,825 | 88.1% | 1 |
| BART DESMIDT Ghent | €0.7m | €281,493 | 75.2% | 1 |
| CLEMACO TRADING Ostend | €0.7m | €181,921 | 35.7% | 1 |
| TECHELEC Kalmthout | €1.5m | €592,963 | 43.3% | 0.8 |
| VAN STAPPEN-DE BACKER Antwerp | €2.4m | €224,022 | 76.8% | 0 |
These companies have the same main activity as BN Constructions: repair, maintenance and installation of machinery and equipment (NACE 33150). They are comparable in size and age: total assets between €562,000 and €2.4m, founded between 1977 and 2001.
Official details
Source: KBO- Status
- Active since 13-01-1984Normal situation
- Activity
- Repair, maintenance and installation of machinery and equipmentNACE 33150
- Establishment unit
- 2.038.356.8122830 Willebroek, since 01-02-1984
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €590,000estimated
- €549,617▲ 95.6%
- Filing
- Filed on 10-03-2026, 143 days before the end of the filing period
Insights on BN Constructions
BN Constructions files the abbreviated format. That format states no turnover. The gross margin rose from €11,503 in 2006 to €229,927 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets.
BOBU Financial group holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BN Constructions
- What is the company number of BN Constructions?
- The company number of BN Constructions is 0425.214.148. The VAT number is the same number with BE in front: BE 0425.214.148.
- Where is BN Constructions based?
- The registered office is at Victor Dumonlaan 6, 2830 Willebroek.Company details
- What does BN Constructions do?
- According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33150).
- What is the legal form of BN Constructions?
- BN Constructions is a private limited company (BV).
- When was BN Constructions founded?
- BN Constructions was founded on 13-01-1984.
- Is BN Constructions still active?
- Yes, BN Constructions is an active enterprise in the KBO register.
- What is the turnover of BN Constructions?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €229,927 and 1,649 comparable companies of the same size. It probably lies between €360,000 and €1.1m. It is a rough estimate.Financials
- Is BN Constructions profitable?
- In financial year 2025, BN Constructions made a profit of €7,587.
- Where can I find the annual accounts of BN Constructions?
- BN Constructions filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BN Constructions due?
- BN Constructions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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