BND
ActiveSummary
BND has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302k and a net result of €30k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+2
Solvency92▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.96 against 2.5 in 2024; short-term debt: 33.2% and cash: 69.7% of total assets), and 33.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2025Solvency, return and age of the figures
Solvency
66.8%
Return on assets
6.7%
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
76 d early
2023
98 d early
2022
75 d early
2021
33 d early
2020
16 d early
2019
66 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 31-12-2026 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, micro schema
Equity
€302k▲ 11.2%
2024 · €272k
2018: €187klowest in 8 years
2019: €200k▲ +6.8% vs 2018
2020: €213k▲ +6.8% vs 2019
2021: €224k▲ +5.1% vs 2020
2022: €229k▲ +2.4% vs 2021
2023: €250k▲ +9.1% vs 2022
2024: €272k▲ +8.6% vs 2023
2025: €302k▲ +11.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€453k▲ 1.1%
2024 · €448k
2018: €298klowest in 8 years
2019: €304k▲ +2.2% vs 2018
2020: €314k▲ +3.2% vs 2019
2021: €363k▲ +15.7% vs 2020
2022: €377k▲ +3.7% vs 2021
2023: €415k▲ +10.0% vs 2022
2024: €448k▲ +8.0% vs 2023
2025: €453k▲ +1.1% vs 2024highest in 8 years
2018 → 2025
Net result
€30k▲ 42.0%
2024 · €21k
2018: €5klowest in 8 years
2019: €13k▲ +178% vs 2018
2020: €14k▲ +7.6% vs 2019
2021: €11k▼ -20.2% vs 2020
2022: €5k▼ -51.4% vs 2021
2023: €21k▲ +295% vs 2022
2024: €21k▲ +2.7% vs 2023
2025: €30k▲ +42.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€296k▲ 12.1%
2024 · €264k
2018: €183klowest in 8 years
2019: €194k▲ +6.3% vs 2018
2020: €196k▲ +1.0% vs 2019
2021: €216k▲ +9.7% vs 2020
2022: €224k▲ +4.0% vs 2021
2023: €243k▲ +8.4% vs 2022
2024: €264k▲ +8.5% vs 2023
2025: €296k▲ +12.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€224k-€229k▲ 2.4%€250k▲ 9.1%€272k▲ 8.6%€302k▲ 11.2%
2021: €224klowest in 5 years
2022: €229k▲ +2.4% vs 2021
2023: €250k▲ +9.1% vs 2022
2024: €272k▲ +8.6% vs 2023
2025: €302k▲ +11.2% vs 2024highest in 5 years
Operating result€14k-€5k▼ 64.3%€29k▲ 467%€29k▼ 2.4%€45k▲ 57.5%
2021: €14k
2022: €5k▼ -64.3% vs 2021lowest in 5 years
2023: €29k▲ +467% vs 2022
2024: €29k▼ -2.4% vs 2023
2025: €45k▲ +57.5% vs 2024highest in 5 years
Net result€11k-€5k▼ 51.4%€21k▲ 295%€21k▲ 2.7%€30k▲ 42.0%
2021: €11k
2022: €5k▼ -51.4% vs 2021lowest in 5 years
2023: €21k▲ +295% vs 2022
2024: €21k▲ +2.7% vs 2023
2025: €30k▲ +42.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453k
Fixed assets
€7k ▼ 19.0%
Current assets
€446k ▲ 1.5%
Equity and liabilities €453k
Equity
€302k ▲ 11.2%
Debt
€151k ▼ 14.5%
Debt's share of the balance-sheet total falls from 39.3% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €31k
Cash flow
€33k▲
2024 · €24k
Current ratio
2.96▲
2024 · 2.50
Quick ratio
2.21▲
2024 · 1.85
Debt to equity
0.50▼
2024 · 0.65
ROE
10.1%▲
2024 · 7.9%
ROA
6.7%▲
2024 · 4.8%
Interest coverage
502.48▲
2024 · 364.05
Debt ≤ 1 year
€151k▼
2024 · €176k
Income taxes
€16k▲
2024 · €9k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€448k€453k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€440k€446k▲
Stocks and contracts in progress3€114k€114k▲
Stocks30/36€114k€114k▲
Amounts receivable within one year40/41€33k€17k▼
Trade receivables40€14k-
Other amounts receivable41€18k€17k▼
Cash at bank and in hand54/58€293k€316k▲
Equity and liabilities
Total equity and liabilities10/49€448k€453k▲
Equity10/15€272k€302k▲
Contributions10/11€70k€70k=
Outside capital11€70k€70k=
Other1109/19€70k€70k=
Reserves13€202k€232k▲
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€195k€225k▲
Amounts payable17/49€176k€151k▼
Amounts payable within one year42/48€176k€151k▼
Trade debts44€91k€53k▼
Suppliers440/4€91k€53k▼
Taxes, remuneration and social security45€592€4k▲
Taxes450/3€592€4k▲
Other amounts payable47/48€85k€93k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€33k€50k▲
Operating profit (loss)9901€29k€45k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€85€95▲
Recurring financial charges65€85€95▲
Profit (loss) for the period before taxes9903€30k€46k▲
Income taxes67/77€9k€16k▲
Profit (loss) for the period9904€21k€30k▲
Profit (loss) for the period to be appropriated9905€21k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€30k▲
Transfer to equity691/2€21k€30k▲
To other reserves6921€21k€30k▲
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €939 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €3k | €2k | €3k | ▲ 10.3% |
| Other operating charges640/8 | €1k | €2k | €2k | €2k | €2k | ▲ 54.3% |
| Gross operating margin9900 | €25k | €14k | €34k | €33k | €50k | ▲ 53.9% |
| Operating profit (loss)9901 | €14k | €5k | €29k | €29k | €45k | ▲ 57.5% |
| Financial income75/76B | €2k | €3k | €2k | €2k | €1k | ▼ 26.5% |
| Recurring financial income75 | €2k | €3k | €2k | €2k | €1k | ▼ 26.5% |
| Financial charges65/66B | €132 | €109 | €79 | €85 | €95 | ▲ 11.5% |
| Recurring financial charges65 | €132 | €109 | €79 | €85 | €95 | ▲ 11.5% |
| Profit (loss) for the period before taxes9903 | €17k | €8k | €31k | €30k | €46k | ▲ 53.3% |
| Income taxes67/77 | €6k | €3k | €10k | €9k | €16k | ▲ 81.4% |
| Profit (loss) for the period9904 | €11k | €5k | €21k | €21k | €30k | ▲ 42.0% |
| Profit (loss) for the period to be appropriated9905 | €11k | €5k | €21k | €21k | €30k | ▲ 42.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €363k | €377k | €415k | €448k | €453k | ▲ 1.1% |
| Fixed assets21/28 | €9k | €5k | €7k | €8k | €7k | ▼ 19.0% |
| Tangible fixed assets22/27 | €9k | €5k | €7k | €8k | €7k | ▼ 19.0% |
| Plant, machinery and equipment23 | €186 | €419 | €5k | €4k | €4k | ▼ 2.2% |
| Furniture and vehicles24 | €8k | €5k | €3k | €4k | €2k | ▼ 39.3% |
| Current assets29/58 | €355k | €372k | €407k | €440k | €446k | ▲ 1.5% |
| Stocks and contracts in progress3 | €109k | €126k | €111k | €114k | €114k | ▲ 0.2% |
| Stocks30/36 | €109k | €126k | €111k | €114k | €114k | ▲ 0.2% |
| Amounts receivable within one year40/41 | €52k | €55k | €26k | €33k | €17k | ▼ 49.2% |
| Trade receivables40 | €33k | €34k | €10k | €14k | - | - |
| Other amounts receivable41 | €19k | €21k | €16k | €18k | €17k | ▼ 9.8% |
| Cash at bank and in hand54/58 | €194k | €191k | €271k | €293k | €316k | ▲ 7.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €363k | €377k | €415k | €448k | €453k | ▲ 1.1% |
| Equity10/15 | €224k | €229k | €250k | €272k | €302k | ▲ 11.2% |
| Contributions10/11 | €70k | €70k | €70k | €70k | €70k | = |
| Capital10 | €70k | - | - | - | - | - |
| Issued capital100 | €70k | - | - | - | - | - |
| Outside capital11 | - | €70k | €70k | €70k | €70k | = |
| Other1109/19 | - | €70k | €70k | €70k | €70k | = |
| Reserves13 | €154k | €159k | €180k | €202k | €232k | ▲ 15.1% |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | €7k | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €147k | €152k | €173k | €195k | €225k | ▲ 15.6% |
| Amounts payable17/49 | €139k | €147k | €164k | €176k | €151k | ▼ 14.5% |
| Amounts payable within one year42/48 | €139k | €147k | €164k | €176k | €151k | ▼ 14.5% |
| Trade debts44 | €61k | €73k | €80k | €91k | €53k | ▼ 41.4% |
| Suppliers440/4 | €61k | €73k | €80k | €91k | €53k | ▼ 41.4% |
| Taxes, remuneration and social security45 | €697 | €697 | €5k | €592 | €4k | ▲ 572% |
| Taxes450/3 | €697 | €697 | €5k | €592 | €4k | ▲ 572% |
| Other amounts payable47/48 | €78k | €74k | €79k | €85k | €93k | ▲ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €5k | €21k | €21k | €30k | ▲ 42.0% |
| + Depreciation and write-downs630 | €8k | €8k | €3k | €2k | €3k | ▲ 10.3% |
| Operating cash flow (approximation) | €19k | €13k | €24k | €24k | €33k | ▲ 38.8% |
| Investment in fixed assets (approximation) | - | €-4k | €-5k | €-3k | €-1k | ▲ 65.3% |
| Change in cash | - | €-3k | €80k | €23k | €22k | ▼ 2.4% |
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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €30k ▲42%
Operating result €45k, net result €30k, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €213k ▲6.8%
3 profitable years in a row build equity to €213k.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Deerlijk · 1 establishment unit since 1999
Ground area
295 m²
Building footprint
193 m²
Volume, LiDAR
1,470 m³
Parcel 34009A0029/00V006, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kortrijkse heerweg 36, 8540 Deerlijk
since 19992.092.095.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009A0029/00V006 | Flanders | 295 m² | 1 · 193 m² | 11.3 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 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,968 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
Founded19-05-1999
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.