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BONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearEindeken 8, 9970 Kaprijke, BelgiumKBO/BCE: BE 1020.972.510
Summary

BONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,372 and a net result of €34,872. Its solvency ranks better than 49% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
≈ €140,000turnover 2025, estimated
Equity
€37,372
Profit
€34,872
Turnover estimated from the gross margin
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
2025 accounts filed 28 days late
Why 71raises riskFounded in 2025Size: total assets €136,734Last filed accounts filed 28 days latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 55% of its sector peers (NACE 68, micro)
Financial strength
Strong
Solvency 52
equity 27.3% of total assets
Liquidity 31
short-term debt 55.8% · cash 8.0%
Profitability 100
return on assets 25.5%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,621 companies, NACE 68, micro)
Last 24 months 04-2026: 0.7% 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026highest value 09-2026: 0.5%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.21, below the usual 1.5; short-term debt: 55.8% and cash: 8% of total assets), and 72.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 47% on solvency, 24% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €136,734
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 28 days late
NBB · filings
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: BONTE Nathan (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456271.

Turnover
≈ €140,000
Estimated: probably between €73,000 and €300,000
Total assets
€136,734
Net result
€34,872
Working capital
€15,669

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €136,734
Fixed assets €44,781
Current assets €91,954
Equity and liabilities €136,734
Equity €37,372
Debt €99,363
Debt finances 72.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€54,667
Cash flow
€44,330
Current ratio
1.21
Quick ratio
0.16
Debt to equity
2.66
ROE
93.3%
ROA
25.5%
Interest coverage
40.73
Debt ≤ 1 year
€76,285
Debt > 1 year
€23,078
Income taxes
€9,000

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€136,734
Fixed assets21/28€44,781
Tangible fixed assets22/27€44,781
Plant, machinery and equipment23€1,517
Furniture and vehicles24€39,256
Other tangible fixed assets26€4,007
Current assets29/58€91,954
Stocks and contracts in progress3€79,868
Stocks30/36€79,868
Amounts receivable within one year40/41€1,132
Trade receivables40€229
Other amounts receivable41€902
Cash at bank and in hand54/58€10,954
Equity and liabilities
Total equity and liabilities10/49€136,734
Equity10/15€37,372
Contributions10/11€2,500
Reserves13€34,872
Distributable reserves133€34,872
Amounts payable17/49€99,363
Amounts payable after more than one year17€23,078
Financial debts170/4€23,078
Amounts payable within one year42/48€76,285
Current portion of amounts payable after more than one year42€6,540
Trade debts44€892
Suppliers440/4€892
Taxes, remuneration and social security45€19,468
Taxes450/3€19,468
Other amounts payable47/48€49,385
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,459
Other operating charges640/8€71
Gross operating margin9900€54,737
Operating profit (loss)9901€45,208
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€1,342
Recurring financial charges65€1,342
Profit (loss) for the period before taxes9903€43,872
Income taxes67/77€9,000
Profit (loss) for the period9904€34,872
Profit (loss) for the period to be appropriated9905€34,872
Appropriation of the result
Profit (loss) to be appropriated9906€34,872
Transfer to equity691/2€34,872
To other reserves6921€34,872

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,459
Other operating charges640/8€71
Gross operating margin9900€54,737
Operating profit (loss)9901€45,208
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€1,342
Recurring financial charges65€1,342
Profit (loss) for the period before taxes9903€43,872
Income taxes67/77€9,000
Profit (loss) for the period9904€34,872
Profit (loss) for the period to be appropriated9905€34,872
Line2025
Assets
Total assets20/58€136,734
Fixed assets21/28€44,781
Tangible fixed assets22/27€44,781
Plant, machinery and equipment23€1,517
Furniture and vehicles24€39,256
Other tangible fixed assets26€4,007
Current assets29/58€91,954
Stocks and contracts in progress3€79,868
Stocks30/36€79,868
Amounts receivable within one year40/41€1,132
Trade receivables40€229
Other amounts receivable41€902
Cash at bank and in hand54/58€10,954
Equity and liabilities
Total equity and liabilities10/49€136,734
Equity10/15€37,372
Contributions10/11€2,500
Reserves13€34,872
Distributable reserves133€34,872
Amounts payable17/49€99,363
Amounts payable after more than one year17€23,078
Financial debts170/4€23,078
Amounts payable within one year42/48€76,285
Current portion of amounts payable after more than one year42€6,540
Trade debts44€892
Suppliers440/4€892
Taxes, remuneration and social security45€19,468
Taxes450/3€19,468
Other amounts payable47/48€49,385
Line2025
Profit (loss) for the period9904€34,872
+ Depreciation and write-downs630€9,459
Operating cash flow (approximation)€44,330

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00456271

Similar companies · same sector, comparable size

Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,509. 4,866 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
BONTE Nathan
Director · since 17-03-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BONTE Nathan
  • Director, from 17-03-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 17-03-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 17-03-2025 Incorporation · €2,500 · 250 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

BONSTRUCT was incorporated on 13 March 2025 as a private limited company by one natural person, with a starting capital of €2,500.12 Since 2025, BONTE Nathan has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-03-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 28 days late
2025
17-03
Gazette deed Incorporation
Appointment: BONTE Nathan (director) · Permanent representative: BONTE Nathan · Founder12 facts ▸
  • Incorporation, 12-03-2025
  • Founder, BONTE Nathan
  • Founding capital, €2,500
  • Registered office clause, “9970 Kaprijke,Eindeken 8” (deed in Dutch)
  • Board rule, 1
  • Director appointment, BONTE Nathan (director)
  • Permanent representative, BONTE Nathan
  • Other provision, “strafrechterlijk als civielrechterlijk, beroepsverbod” (deed in Dutch)
  • Other provision, 03-03-2025
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Other provision, “vergunningen-toelatingen, optreden ondergeschikt aan vervulling voorwaarden” (deed in Dutch)
  • Other provision, “afgifte ontledend uittreksel, vóór formaliteit registratie akte-oprichting” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded13-03-2025
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Contact
E-mail info@bonstruct.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020972510
Also 9925:BE1020972510
Registered 21-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kaprijke · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
620 m²
Parcel 43007C1173/00A000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BONSTRUCT
Eindeken 8, 9970 KaprijkeBusiness and other management consultancy
since 2025unit no. 2.372.025.924
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
43007C1173/00A000 Flanders 620 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, kan,bij enkel besluit van het bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 17-03-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 14: Externe vertegenwoordigingsbevoegdheid Iedere bestuurder alleen vertegenwoordigt de vennootschap jegens derden en in rechte als…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking, één of meer bestuurders” (deed in Dutch)
“Beraadslagen als college met gewone meerderheid, geheel van bevoegdheden met mogelijkheid deel te delegeren” (deed in Dutch)
“Algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering met absolute meerderheid of enige aandeelhouder” (deed in Dutch)

deed of 17-03-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register aandelen op naam met vermeldingen WVV” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte nieuwe aandelen, eerst aan andere aandeelhouders met volledig uitgeoefend recht tot plaatsing volledig of geen…” (deed in Dutch)

deed of 17-03-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 20:00

deed of 17-03-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd,om welke reden en op…” (deed in Dutch)

deed of 17-03-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, bepaalt vrij latere stortingen op in speciën onderschreven niet geheel volgestorte aandelen naargelang behoeften op door…” (deed in Dutch)
Other provision: “Gedelegeerd bestuurder, dagelijks bestuur” (deed in Dutch)
Other provision: “Strijdig belang, bestuurder of lid collegiaal bestuursorgaan met rechtstreeks of onrechtstreeks vermogensrechtelijk strijdig belang” (deed in Dutch)
Other provision: “Controle, één of meerdere” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Zittingen processen-verbaal, register op zetel voor algemene vergadering of enige aandeelhouder” (deed in Dutch)
Other provision: “Beraadslagingen, aan ieder ander persoon al dan niet aandeelhouder schriftelijk met alle middelen” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, verdaging” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, ondertekende goedkeuringen verliezen rechtskracht” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, geacht aanwezig op plaats vergadering voor aanwezigheid en meerderheid” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Goederen in natura op zelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Info@bonstruct.be, website en e-mail” (deed in Dutch)
3 more provisions in the deed, see the deed of 17-03-2025

deed of 17-03-2025