Debts
€344,317 93% of the balance sheet
Suppliers 7%Taxes and wages 1%Other 92%
BOUWTECH SYSTEMS
Lifetime
6 annual accounts with figures on one time axispeak €12,285 (2025)
€12,285▲ 172%
lowest -€2,919 (2022)
€8,082▲ 240%
peak €25,491 (2025)
€25,491▲ 46.4%
€344,317▲ 0.5%
Board3 names since 2019
1 directorIsik Ayhan
Documentsfilings and deeds
11-09-202642 days late
2025micro format
Gross margin from €4,523 to €12,285Result from €2,374 to €8,082Equity from €17,410 to €25,491Cash from €4,779 to €13,050
Key points
from the 2025 annual accountsFilings
6 annual accounts 6 late
The 2020 accounts came latest: 93 days after the end of the period.
Position in the sector
6.9%
Lower solvency than 83% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
Checked score
38
Weak
Financially stronger than 36% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 11.9%
01-2025: 11.9%● unchanged vs 12-2024
02-2025: 11.8%▼ -0.1 percentage points vs 01-2025
03-2025: 11.8%● unchanged vs 02-2025
04-2025: 12.1%▲ +0.3 percentage points vs 03-2025
05-2025: 12.6%▲ +0.5 percentage points vs 04-2025highest value
06-2025: 10.8%▼ -1.8 percentage points vs 05-2025
07-2025: 10.4%▼ -0.4 percentage points vs 06-2025
08-2025: 11.0%▲ +0.6 percentage points vs 07-2025
09-2025: 11.8%▲ +0.8 percentage points vs 08-2025
10-2025: 8.1%▼ -3.7 percentage points vs 09-2025
11-2025: 5.4%▼ -2.7 percentage points vs 10-2025
12-2025: 5.4%● unchanged vs 11-2025
01-2026: 5.4%● unchanged vs 12-2025
02-2026: 5.4%● unchanged vs 01-2026
03-2026: 5.3%▼ -0.1 percentage points vs 02-2026
04-2026: 5.4%▲ +0.1 percentage points vs 03-2026
05-2026: 5.3%▼ -0.1 percentage points vs 04-2026
06-2026: 5.2%▼ -0.1 percentage points vs 05-2026
07-2026: 5.1%▼ -0.1 percentage points vs 06-2026
08-2026: 5.6%▲ +0.5 percentage points vs 07-2026
09-2026: 5.7%▲ +0.1 percentage points vs 08-2026
10-2026: 4.7%▼ -1.0 percentage point vs 09-2026lowest value
11-2026: 4.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 42 days late; 3 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2019
Liquidity: current ratio 0.13, cash €13,050
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 41, micro). It does better than 16% of them on solvency, 6% on liquidity, 45% on profitability and 78% 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 elevated class on 30-06-2025, 6.3% 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, 1,251 companies had the same profile as BOUWTECH SYSTEMS has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BOUWTECH SYSTEMS itself is higher: 4.7% within 12 months. It rests on far more data about BOUWTECH SYSTEMS than the profile alone.
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 1,251 companies, not a prediction for BOUWTECH SYSTEMS. 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 €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.13 (0.1 in 2024), below 1. Short-term debt is 93.1% and cash 3.5% of total assets. 93.1% 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
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 42 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 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 · 6 filingsDeviation from the deadline
2025
42 days late
2024
85 days late
2023
90 days late
2022
87 days late
2021
84 days late
2020
93 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 80 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 24 October (4 of the last 5 accounts filed within 30 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721760766
Registered office moved within Brussels
Transfer of 50 shares from Unal Sertan to Isik Ayhan · New registered office: Ancienne Chaussée de Haecht n°43, 1130 Bruxelles · Previous registered office: Rue Arthur Maes 88/90, 1130 Bruxelles · General meeting of 01-06-2023 · Gazette deed
Registered office moved from Brussels to Haren
New registered office: Rue Arthur Maes 88/90, 1130 Haren · Previous registered office: Chaussée de Haecht 1177, 1130 Bruxelles · General meeting of 01-02-2021 · Gazette deed
Registered office moved from Etterbeek to Haren
Transfer of 50 shares from Ceñera Parrado Kevin to Isik Ayhan · Transfer of 50 shares from Ceñera Parrado Kevin to Unal Sertan · New registered office: chaussée d'Haecht 1177 à 1130 Haren · General meeting of 01-04-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BOUWTECH SYSTEMS Brussels | €369,809 | €12,285 | 6.9% | - |
| ARNAUT CONSTRUCT Vilvoorde | €406,930 | €14,369 | 17.0% | - |
| BOUWERS Oud-Heverlee | €335,286 | €10,705 | 10.2% | - |
| BRUSINVEST Sint-Gillis (bij-Brussel) | €295,209 | €15,042 | 40.0% | - |
| MAKYS Evere | €305,965 | €12,333 | 90.3% | - |
| Core Group Berchem-Sainte-Agathe | €412,653 | €19,563 | 0.0% | - |
| RENOBAT Berchem-Sainte-Agathe | €243,070 | €10,341 | 7.4% | - |
These companies have the same main activity as BOUWTECH SYSTEMS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €243,000 and €413,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 01-03-2019Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.289.721.0281130 Brussels, since 01-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-02-2026
Insights on BOUWTECH SYSTEMS
BOUWTECH SYSTEMS files the micro format. That format states no turnover. The gross margin rose from €8,992 in 2020 to €12,285 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 BOUWTECH SYSTEMS
- What is the company number of BOUWTECH SYSTEMS?
- The company number of BOUWTECH SYSTEMS is 0721.760.766. The VAT number is the same number with BE in front: BE 0721.760.766.
- Where is BOUWTECH SYSTEMS based?
- The registered office is at Oude Haachtsesteenweg 43, 1130 Brussels.Company details
- What does BOUWTECH SYSTEMS do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BOUWTECH SYSTEMS?
- BOUWTECH SYSTEMS is a private limited company (pre-2019) (BVBA).
- When was BOUWTECH SYSTEMS founded?
- BOUWTECH SYSTEMS was founded on 01-03-2019.
- Is BOUWTECH SYSTEMS still active?
- Yes, BOUWTECH SYSTEMS is an active enterprise in the KBO register.
- What is the turnover of BOUWTECH SYSTEMS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €12,285 and 263 comparable companies (NACE 41001). It probably lies between €77,000 and €270,000. It is a rough estimate.Financials
- Is BOUWTECH SYSTEMS profitable?
- In financial year 2025, BOUWTECH SYSTEMS made a profit of €8,082.
- Where can I find the annual accounts of BOUWTECH SYSTEMS?
- BOUWTECH SYSTEMS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BOUWTECH SYSTEMS due?
- BOUWTECH SYSTEMS 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
See how customers, suppliers and banks see your own company and what to improve first.