BPL
ActiveSummary
BPL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €677. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 13% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency37=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.15 in 2024; short-term debt: 88.3% and cash: 19.8% of total assets), and 88.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
11.7%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 13%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
27 d early
2023
50 d early
2022
20 d early
2021
26 d early
2020
24 d early
2019
35 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, abbreviated schema
Equity
€53k▲ 1.3%
2024 · €53k
2018: €11klowest in 8 years
2019: €12k▲ +6.5% vs 2018
2020: €12k▲ +3.7% vs 2019
2021: €23k▲ +93.0% vs 2020
2022: €24k▲ +2.6% vs 2021
2023: €52k▲ +119% vs 2022
2024: €53k▲ +1.4% vs 2023
2025: €53k▲ +1.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€458k▲ 6.2%
2024 · €432k
2018: €124k
2019: €81k▼ -34.6% vs 2018lowest in 8 years
2020: €94k▲ +15.9% vs 2019
2021: €117k▲ +24.8% vs 2020
2022: €301k▲ +156% vs 2021
2023: €368k▲ +22.3% vs 2022
2024: €432k▲ +17.4% vs 2023
2025: €458k▲ +6.2% vs 2024highest in 8 years
2018 → 2025
Net result
€677▼ 8.5%
2024 · €740
2018: €1k
2019: €708▼ -38.4% vs 2018
2020: €430▼ -39.3% vs 2019lowest in 8 years
2021: €11k▲ +2497% vs 2020
2022: €602▼ -94.6% vs 2021
2023: €28k▲ +4602% vs 2022highest in 8 years
2024: €740▼ -97.4% vs 2023
2025: €677▼ -8.5% vs 2024
2018 → 2025
Working capital
€-286k▲ 10.6%
2024 · €-320k
2018: €-37k
2019: €-23k▲ +36.6% vs 2018
2020: €-12k▲ +47.6% vs 2019highest in 8 years
2021: €-30k▼ -150% vs 2020
2022: €-222k▼ -631% vs 2021
2023: €-168k▲ +24.4% vs 2022
2024: €-320k▼ -90.7% vs 2023lowest in 8 years
2025: €-286k▲ +10.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€24k▲ 2.6%€52k▲ 119%€53k▲ 1.4%€53k▲ 1.3%
2021: €23klowest in 5 years
2022: €24k▲ +2.6% vs 2021
2023: €52k▲ +119% vs 2022
2024: €53k▲ +1.4% vs 2023
2025: €53k▲ +1.3% vs 2024highest in 5 years
Operating result€16k-€1k▼ 91.8%€44k▲ 3,360%€1k▼ 96.9%€2k▲ 34.8%
2021: €16k
2022: €1k▼ -91.8% vs 2021lowest in 5 years
2023: €44k▲ +3360% vs 2022highest in 5 years
2024: €1k▼ -96.9% vs 2023
2025: €2k▲ +34.8% vs 2024
Net result€11k-€602▼ 94.6%€28k▲ 4,602%€740▼ 97.4%€677▼ 8.5%
2021: €11k
2022: €602▼ -94.6% vs 2021lowest in 5 years
2023: €28k▲ +4602% vs 2022highest in 5 years
2024: €740▼ -97.4% vs 2023
2025: €677▼ -8.5% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458k
Fixed assets
€340k ▼ 8.9%
Current assets
€118k ▲ 102%
Equity and liabilities €458k
Equity
€53k ▲ 1.3%
Debt
€405k ▲ 6.8%
Debt's share of the balance-sheet total rises from 87.8% to 88.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €196k
Cash flow
€34k▼
2024 · €196k
Current ratio
0.29▲
2024 · 0.15
Quick ratio
0.24▲
2024 · 0.15
Debt to equity
7.57▲
2024 · 7.17
ROE
1.3%▼
2024 · 1.4%
ROA
0.1%▼
2024 · 0.2%
Interest coverage
92.03▼
2024 · 679.05
Debt ≤ 1 year
€405k▲
2024 · €379k
Income taxes
€802▲
2024 · €347
Staff costs
€313▲
2024 · €60
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€432k€458k▲
Fixed assets21/28€373k€340k▼
Tangible fixed assets22/27€373k€340k▼
Land and buildings22€151k€150k▼
Plant, machinery and equipment23€1k€318▼
Furniture and vehicles24€221k€190k▼
Financial fixed assets28€5€5=
Current assets29/58€59k€118k▲
Stocks and contracts in progress3€2k€20k▲
Contracts in progress37€2k€20k▲
Amounts receivable within one year40/41€8k€4k▼
Trade receivables40€5k€4k▼
Other amounts receivable41€3k-
Cash at bank and in hand54/58€37k€91k▲
Deferred charges and accrued income490/1€11k€4k▼
Equity and liabilities
Total equity and liabilities10/49€432k€458k▲
Equity10/15€53k€53k▲
Contributions10/11€12k€12k=
Reserves13€40k€41k▲
Distributable reserves133€40k€41k▲
Amounts payable17/49€379k€405k▲
Amounts payable within one year42/48€379k€405k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€371k€398k▲
Income statement
Code20242025
Remuneration, social security and pensions62€60€313▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€195k€33k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€198k€36k▼
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€289€381▲
Recurring financial charges65€289€381▲
Profit (loss) for the period before taxes9903€1k€1k▲
Income taxes67/77€347€802▲
Profit (loss) for the period9904€740€677▼
Profit (loss) for the period to be appropriated9905€740€677▼
Appropriation of the result
Profit (loss) to be appropriated9906€740€677▼
Transfer to equity691/2€740€677▼
To other reserves6921€740€677▼
The notes to these accounts (9 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 | €422 | €984 | €536 | €60 | €313 | ▲ 424% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €15k | €26k | €195k | €33k | ▼ 83.0% |
| Other operating charges640/8 | €952 | €801 | €3k | €1k | €1k | ▼ 19.9% |
| Non-recurring operating charges66A | €8k | - | - | - | - | - |
| Gross operating margin9900 | €34k | €18k | €73k | €198k | €36k | ▼ 81.6% |
| Operating profit (loss)9901 | €16k | €1k | €44k | €1k | €2k | ▲ 34.8% |
| Financial income75/76B | €45 | €13 | €1 | €0 | €4 | ▲ 8,600% |
| Recurring financial income75 | €45 | €13 | €1 | €0 | €4 | ▲ 8,600% |
| Financial charges65/66B | €165 | €263 | €178 | €289 | €381 | ▲ 31.6% |
| Recurring financial charges65 | €165 | €263 | €178 | €289 | €381 | ▲ 31.6% |
| Profit (loss) for the period before taxes9903 | €15k | €1k | €44k | €1k | €1k | ▲ 36.0% |
| Income taxes67/77 | €4k | €413 | €15k | €347 | €802 | ▲ 131% |
| Profit (loss) for the period9904 | €11k | €602 | €28k | €740 | €677 | ▼ 8.5% |
| Profit (loss) for the period to be appropriated9905 | €11k | €602 | €28k | €740 | €677 | ▼ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117k | €301k | €368k | €432k | €458k | ▲ 6.2% |
| Fixed assets21/28 | €54k | €246k | €220k | €373k | €340k | ▼ 8.9% |
| Intangible fixed assets21 | €710 | €294 | - | - | - | - |
| Tangible fixed assets22/27 | €53k | €246k | €220k | €373k | €340k | ▼ 8.9% |
| Land and buildings22 | - | - | - | €151k | €150k | ▼ 0.7% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €1k | €318 | ▼ 68.7% |
| Furniture and vehicles24 | €49k | €242k | €218k | €221k | €190k | ▼ 14.2% |
| Financial fixed assets28 | €5 | €5 | €5 | €5 | €5 | = |
| Current assets29/58 | €64k | €55k | €148k | €59k | €118k | ▲ 102% |
| Stocks and contracts in progress3 | €6k | €2k | - | €2k | €20k | ▲ 893% |
| Contracts in progress37 | €6k | €2k | - | €2k | €20k | ▲ 893% |
| Amounts receivable within one year40/41 | €23k | €12k | €60k | €8k | €4k | ▼ 48.2% |
| Trade receivables40 | €7k | €11k | €60k | €5k | €4k | ▼ 20.5% |
| Other amounts receivable41 | €15k | €165 | €18 | €3k | - | - |
| Cash at bank and in hand54/58 | €34k | €37k | €85k | €37k | €91k | ▲ 143% |
| Deferred charges and accrued income490/1 | €1k | €4k | €2k | €11k | €4k | ▼ 67.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117k | €301k | €368k | €432k | €458k | ▲ 6.2% |
| Equity10/15 | €23k | €24k | €52k | €53k | €53k | ▲ 1.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €11k | €11k | €40k | €40k | €41k | ▲ 1.7% |
| Non-distributable reserves130/1 | €750 | - | - | - | - | - |
| Reserves not available under the articles1311 | €750 | - | - | - | - | - |
| Distributable reserves133 | €10k | €11k | €40k | €40k | €41k | ▲ 1.7% |
| Amounts payable17/49 | €94k | €277k | €316k | €379k | €405k | ▲ 6.8% |
| Amounts payable within one year42/48 | €94k | €277k | €316k | €379k | €405k | ▲ 6.8% |
| Trade debts44 | €10k | €4k | €42k | €7k | €4k | ▼ 38.4% |
| Suppliers440/4 | €10k | €4k | €42k | €7k | €4k | ▼ 38.4% |
| Taxes, remuneration and social security45 | €1k | €1k | €37k | €1k | €2k | ▲ 72.6% |
| Taxes450/3 | €1k | €1k | €37k | €1k | €2k | ▲ 72.6% |
| Other amounts payable47/48 | €83k | €272k | €236k | €371k | €398k | ▲ 7.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €602 | €28k | €740 | €677 | ▼ 8.5% |
| + Depreciation and write-downs630 | €8k | €15k | €26k | €195k | €33k | ▼ 83.0% |
| Operating cash flow (approximation) | €20k | €15k | €54k | €196k | €34k | ▼ 82.7% |
| Investment in fixed assets (approximation) | - | €-207k | €0 | €-348k | €0 | ▲ 100% |
| Change in cash | - | €3k | €48k | €-48k | €53k | ▲ 211% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €28k ▲4,602%
Operating result €44k, net result €28k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €430 ▼39.3%
Net result drops to €430, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2010
Ground area
7,797 m²
Building footprint
166 m²
Volume, LiDAR
1,049 m³
Parcel 46013A0599/00N000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BPL
since 20102.192.764.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013A0599/00N000 | Flanders | 7,797 m² | 1 · 166 m² | 9.8 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.
Similar companies · same sector, comparable size
PLACOBEL PROJECT'S
BE 0663.739.524
Sint-Gillis (bij-Brussel) · Eq €53,489
Joos-Weyland+
BE 1018.167.329
Balen · Eq €53,459
Pleisterwerken Van Gestel
BE 0712.820.732
Vorselaar · Eq €53,428
Hendrickx Construct
BE 0885.580.108
Heist-op-den-Berg · Eq €53,580
LELIAERT KRIS
BE 0473.347.726
Oudsbergen · Eq €54,066
Of 4,014 companies in sector 43310 we hold annual accounts for 1,746. 1,529 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
Founded21-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
46831Wholesale of construction materials, general range
Scores and ratios are computed by Checked and are not a credit decision.