Result
€62,560 €62,560
Back in profit in 2025, after a loss of €47,998 in 2024.
Borly Construct
Lifetime
6 annual accounts with figures on one time axispeak €71,843 (2025)
€71,843▲ €112,985
lowest -€47,998 (2024)
€62,560▲ €110,557
peak €18,756 (2025)
€18,756▲ €62,560
€517,254▲ 14.2%
peak 0 FTE (2025)
0 FTE
Board1 name since 2019
1 director
Documentsfilings and deeds
19-08-202619 days late
2025abbreviated format
Gross margin from -€41,141 to €71,843Back to profit: €62,560Equity from -€43,803 to €18,756Cash from €3,835 to €10,856
Key points
from the 2025 annual accountsTurnover
≈ €270,000 estimated
The accounts state no turnover.
Debts
€517,254 97% of the balance sheet
Financial debts 75%Suppliers 8%Taxes and wages 14%Other 3%
Of this, €391,754 falls due within a year.
Investments
€2,000 3.2 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts 2 late
The 2025 accounts came latest: 19 days after the end of the period.
Position in the sector
3.5%
Lower solvency than 92% of companies in specialised construction. Sector median 43.1% · 9,273 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 875 companies had the same profile as Borly Construct has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.9%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 875 companies, not a prediction for Borly Construct. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Diepenbeek to Hasselt
New registered office: Voorstraat 70, 3500 Hasselt · Previous registered office: Ginderoverstraat 54, 3590 Diepenbeek · Board meeting of 08-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0734983747
Environmental permit granted
Bouwen of herbouwen · Zutendaal
Environmental permit refused
Bouwen of herbouwen, Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen · Zutendaal
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Borly Construct Hasselt | €536,010 | €71,843 | 3.5% | 0 |
| M & D Construction Zulte | €656,261 | €161,579 | 47.6% | 0.3 |
| EPIC 4U Deinze | €883,902 | €87,826 | 55.4% | 0.6 |
| Bezettingswerken Willy Van Otten Ravels | €321,853 | €79,109 | 64.6% | 0.8 |
| Stucapro Boechout | €595,997 | €164,438 | 51.1% | 0 |
| Algemene Pleisterwerken Coutigny Steve Ypres | €412,528 | €71,283 | 46.7% | - |
| MatZ Ardooie | €554,345 | €89,178 | 13.9% | - |
These companies have the same main activity as Borly Construct: plastering work (NACE 43310). They are comparable in size and age: total assets between €322,000 and €884,000, founded between 2012 and 2019.
Official details
Source: KBO- Status
- Active since 27-09-2019Normal situation
- Activity
- Plastering workNACE 43310and 3 others
- Establishment unit
- 2.294.369.2093500 Hasselt, since 27-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-04-2026
Insights on Borly Construct
Borly Construct files the abbreviated format. That format states no turnover. The gross margin rose from €8,435 in 2020 to €71,843 in 2025.
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 Borly Construct
- What is the company number of Borly Construct?
- The company number of Borly Construct is 0734.983.747. The VAT number is the same number with BE in front: BE 0734.983.747.
- Where is Borly Construct based?
- The registered office is at Voorstraat 70, 3500 Hasselt.Company details
- What does Borly Construct do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of Borly Construct?
- Borly Construct is a private limited company (BV).
- When was Borly Construct founded?
- Borly Construct was founded on 27-09-2019.
- Is Borly Construct still active?
- Yes, Borly Construct is an active enterprise in the KBO register.
- What is the turnover of Borly Construct?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €71,843 and 113 comparable companies (NACE 433). It probably lies between €180,000 and €450,000.Financials
- Is Borly Construct profitable?
- In financial year 2025, Borly Construct made a profit of €62,560.
- Where can I find the annual accounts of Borly Construct?
- Borly Construct filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Borly Construct due?
- Borly Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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