BOLD CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of BOLD CONSTRUCTION is 2.7% (moderate). The 2024 annual accounts show equity of €52k and a net result of €2k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 21% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-5
Solvency44▼-10
Growth52=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 0.78 in 2023; short-term debt: 10.9% and cash: 8.8% of total assets), but 80.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.5%
Return on assets
0.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
19 d early
2022
49 d late
2021
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€52k▲ 3.7%
2023 · €50k
2021: €27k
2022: €46k
2023: €50k
2021 → 2024
Total assets
€269k▲ 52.1%
2023 · €177k
2021: €66k
2022: €124k
2023: €177k
2021 → 2024
Net result
€2k▼ 60.7%
2023 · €5k
2021: €23k
2022: €19k
2023: €5k
2021 → 2024
Working capital
€39k
2023 · €-20k
2021: €-999
2022: €19k
2023: €-20k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€27k-€46k▲ 72.3%€50k▲ 10.4%€52k▲ 3.7%
Operating result€32k-€27k▼ 14.7%€11k▼ 59.3%€16k▲ 43.9%
Net result€23k-€19k▼ 16.8%€5k▼ 75.2%€2k▼ 60.7%
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 2024; 2024 is 44% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €269k
Fixed assets
€200k ▲ 94.0%
Current assets
€68k ▼ 6.9%
Equity and liabilities €269k
Equity
€52k ▲ 3.7%
Debt
€216k ▲ 71.4%
Debt's share of the balance-sheet total rises from 71.4% to 80.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k▲
2023 · €36k
Cash flow
€48k▲
2023 · €30k
Current ratio
2.33▲
2023 · 0.78
Debt to equity
4.13▲
2023 · 2.50
ROE
3.6%▼
2023 · 9.4%
ROA
0.7%▼
2023 · 2.7%
Interest coverage
5.73▼
2023 · 23.24
Debt ≤ 1 year
€29k▼
2023 · €94k
Debt > 1 year
€187k▲
2023 · €32k
Income taxes
€3k▼
2023 · €5k
Staff costs
€34k▲
2023 · €3k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€177k€269k▲
Fixed assets21/28€103k€200k▲
Tangible fixed assets22/27€103k€200k▲
Land and buildings22-€152k
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€95k€42k▼
Current assets29/58€73k€68k▼
Amounts receivable within one year40/41€35k€36k▲
Trade receivables40€1k€12k▲
Other amounts receivable41€34k€25k▼
Cash at bank and in hand54/58€37k€24k▼
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€177k€269k▲
Equity10/15€50k€52k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€47k€49k▲
Amounts payable17/49€126k€216k▲
Amounts payable after more than one year17€32k€187k▲
Financial debts170/4€32k€187k▲
Amounts payable within one year42/48€94k€29k▼
Current portion of amounts payable after more than one year42€6k€16k▲
Trade debts44€70k€3k▼
Suppliers440/4€70k€3k▼
Taxes, remuneration and social security45€17k€10k▼
Taxes450/3€15k€10k▼
Remuneration and social security454/9€2k-
Accrued charges and deferred income492/3€257-
Income statement
Code20232024
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€3k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€46k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k-
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€55k€109k▲
Operating profit (loss)9901€11k€16k▲
Financial income75/76B€0€108▲
Recurring financial income75€0€108▲
Financial charges65/66B€2k€11k▲
Recurring financial charges65€2k€11k▲
Profit (loss) for the period before taxes9903€9k€5k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€49k▲
Profit (loss) brought forward from the previous period14P€42k€47k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼60.7%
Net result drops to €2k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 2.33
Current ratio from 0.78 to 2.33; short-term debt falls from €94k to €29k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Halle · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Permekestraat 211500 HalleGround area
1,322 m²
Building footprint
838 m²
Volume, LiDAR
4,680 m³
2 parcels, Flanders, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bold Construction
since 20222.326.761.368
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027C0116/00K000 | Flanders | 1,115 m² | 1 · 783 m² | 10.0 m · 2 fl. |
| 25105E0327/00R006 | Wallonia | 208 m² | 1 · 56 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0769.938.488
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AFWERKINGSBEDRIJF DPP
BE 0810.710.063
Tongeren-Borgloon · Eq €52,380
SD-SCHRIJNWERKEN
BE 0768.584.547
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S.B.R. CONSTRUCT
BE 0870.453.749
Waterloo · Eq €52,225
Of 4,271 companies in sector 43230 we hold annual accounts for 1,241. 1,030 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
43120Site preparation
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.