BPM CONSTRUCT
ActiveSummary
BPM CONSTRUCT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €246k and a net result of €29k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 2095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-18
Solvency67▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 1.25 in 2023; short-term debt: 42.4% and cash: 37.3% of total assets), and 58.4% 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
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
41.6%
Return on assets
4.9%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 148 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-05-2025, 30 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
30 d late
2023
28 d late
2022
4 d early
2021
31 d late
2020
39 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€246k▲ 13.3%
2023 · €217k
2018: €20klowest in 7 years
2019: €21k▲ +3.8% vs 2018
2020: €33k▲ +57.8% vs 2019
2021: €127k▲ +284% vs 2020
2022: €201k▲ +57.9% vs 2021
2023: €217k▲ +8.2% vs 2022
2024: €246k▲ +13.3% vs 2023highest in 7 years
2018 → 2024
Total assets
€593k▼ 1.7%
2023 · €603k
2018: €126klowest in 7 years
2019: €126k● 0.0% vs 2018lowest in 7 years
2020: €167k▲ +33.1% vs 2019
2021: €454k▲ +171% vs 2020
2022: €667k▲ +47.1% vs 2021highest in 7 years
2023: €603k▼ -9.7% vs 2022
2024: €593k▼ -1.7% vs 2023
2018 → 2024
Net result
€29k▼ 75.2%
2023 · €116k
2018: €24k
2019: €760▼ -96.8% vs 2018lowest in 7 years
2020: €12k▲ +1498% vs 2019
2021: €94k▲ +676% vs 2020
2022: €74k▼ -21.8% vs 2021
2023: €116k▲ +58.1% vs 2022highest in 7 years
2024: €29k▼ -75.2% vs 2023
2018 → 2024
Working capital
€122k▲ 82.3%
2023 · €67k
2018: €12k
2019: €6k▼ -53.5% vs 2018lowest in 7 years
2020: €12k▲ +104% vs 2019
2021: €103k▲ +785% vs 2020
2022: €104k▲ +0.9% vs 2021
2023: €67k▼ -35.2% vs 2022
2024: €122k▲ +82.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€127k▲ 284%€201k▲ 57.9%€217k▲ 8.2%€246k▲ 13.3%
2020: €33klowest in 5 years
2021: €127k▲ +284% vs 2020
2022: €201k▲ +57.9% vs 2021
2023: €217k▲ +8.2% vs 2022
2024: €246k▲ +13.3% vs 2023highest in 5 years
Operating result€14k-€130k▲ 849%€64k▼ 51.2%€118k▲ 86.1%€42k▼ 64.4%
2020: €14klowest in 5 years
2021: €130k▲ +849% vs 2020highest in 5 years
2022: €64k▼ -51.2% vs 2021
2023: €118k▲ +86.1% vs 2022
2024: €42k▼ -64.4% vs 2023
Net result€12k-€94k▲ 676%€74k▼ 21.8%€116k▲ 58.1%€29k▼ 75.2%
2020: €12klowest in 5 years
2021: €94k▲ +676% vs 2020
2022: €74k▼ -21.8% vs 2021
2023: €116k▲ +58.1% vs 2022highest in 5 years
2024: €29k▼ -75.2% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €593k
Fixed assets
€219k ▼ 18.5%
Current assets
€374k ▲ 11.8%
Equity and liabilities €593k
Equity
€246k ▲ 13.3%
Debt
€346k ▼ 10.1%
Debt's share of the balance-sheet total falls from 63.9% to 58.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▼
2023 · €174k
Cash flow
€95k▼
2023 · €172k
Current ratio
1.49▲
2023 · 1.25
Quick ratio
1.49▲
2023 · 1.25
Debt to equity
1.41▼
2023 · 1.77
ROE
11.7%▼
2023 · 53.6%
ROA
4.9%▼
2023 · 19.3%
Interest coverage
46.10▼
2023 · 62.69
Debt ≤ 1 year
€251k▼
2023 · €267k
Debt > 1 year
€92k▼
2023 · €118k
Income taxes
€12k▲
2023 · €6
Staff costs
€51k▲
2023 · €10k
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 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€603k€593k▼
Fixed assets21/28€268k€219k▼
Tangible fixed assets22/27€268k€218k▼
Plant, machinery and equipment23€113k€100k▼
Furniture and vehicles24€155k€111k▼
Other tangible fixed assets26-€6k
Financial fixed assets28€795€795=
Current assets29/58€334k€374k▲
Stocks and contracts in progress3€497€497=
Stocks30/36€497€497=
Amounts receivable within one year40/41€157k€40k▼
Trade receivables40€142k€25k▼
Other amounts receivable41€15k€15k▲
Current investments50/53€10k€103k▲
Cash at bank and in hand54/58€155k€221k▲
Deferred charges and accrued income490/1€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€603k€593k▼
Equity10/15€217k€246k▲
Contributions10/11€7k€7k=
Reserves13€211k€240k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€209k€238k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€385k€346k▼
Amounts payable after more than one year17€118k€92k▼
Financial debts170/4€118k€92k▼
Amounts payable within one year42/48€267k€251k▼
Current portion of amounts payable after more than one year42€26k€26k▲
Trade debts44€78k€88k▲
Suppliers440/4€78k€88k▲
Advances received on contracts in progress46€41k€0▼
Taxes, remuneration and social security45€17k€34k▲
Taxes450/3€16k€29k▲
Remuneration and social security454/9€1k€5k▲
Other amounts payable47/48€106k€103k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€10k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€66k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€185k€161k▼
Operating profit (loss)9901€118k€42k▼
Financial income75/76B€937€2k▲
Recurring financial income75€937€2k▲
Non-recurring financial income76B€0-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€116k€41k▼
Income taxes67/77€6€12k▲
Profit (loss) for the period9904€116k€29k▼
Profit (loss) for the period to be appropriated9905€116k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€29k▼
Transfer to equity691/2€16k€29k▲
To other reserves6921€16k€29k▲
Profit to be distributed694/7€100k€0▼
Directors or managers695€100k€0▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €20k | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €970 | €10k | €51k | ▲ 439% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €33k | €37k | €56k | €66k | ▲ 18.0% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €2k | ▲ 44.1% |
| Non-recurring operating charges66A | - | €4k | €0 | - | - | - |
| Gross operating margin9900 | €41k | €168k | €102k | €185k | €161k | ▼ 12.8% |
| Operating profit (loss)9901 | €14k | €130k | €64k | €118k | €42k | ▼ 64.4% |
| Financial income75/76B | - | €2k | €26k | €937 | €2k | ▲ 75.7% |
| Recurring financial income75 | €2k | €2k | €1k | €937 | €2k | ▲ 75.7% |
| Non-recurring financial income76B | - | - | €25k | €0 | - | - |
| Financial charges65/66B | - | €2k | €3k | €3k | €2k | ▼ 15.7% |
| Recurring financial charges65 | €2k | €2k | €3k | €3k | €2k | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €13k | €130k | €87k | €116k | €41k | ▼ 64.5% |
| Income taxes67/77 | €2k | €36k | €13k | €6 | €12k | ▲ 216,419% |
| Profit (loss) for the period9904 | €12k | €94k | €74k | €116k | €29k | ▼ 75.2% |
| Profit (loss) for the period to be appropriated9905 | €12k | €94k | €74k | €116k | €29k | ▼ 75.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167k | €454k | €667k | €603k | €593k | ▼ 1.7% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €102k | €94k | €241k | €268k | €219k | ▼ 18.5% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €101k | €93k | €241k | €268k | €218k | ▼ 18.5% |
| Plant, machinery and equipment23 | - | €67k | €78k | €113k | €100k | ▼ 11.0% |
| Furniture and vehicles24 | - | €26k | €162k | €155k | €111k | ▼ 28.1% |
| Other tangible fixed assets26 | - | - | - | - | €6k | - |
| Financial fixed assets28 | €795 | €795 | €795 | €795 | €795 | = |
| Current assets29/58 | €66k | €360k | €426k | €334k | €374k | ▲ 11.8% |
| Stocks and contracts in progress3 | €497 | €497 | €497 | €497 | €497 | = |
| Stocks30/36 | - | €497 | €497 | €497 | €497 | = |
| Amounts receivable within one year40/41 | €19k | €172k | €324k | €157k | €40k | ▼ 74.7% |
| Trade receivables40 | - | €172k | €287k | €142k | €25k | ▼ 82.7% |
| Other amounts receivable41 | - | €120 | €38k | €15k | €15k | ▲ 2.1% |
| Current investments50/53 | €0 | - | - | €10k | €103k | ▲ 901% |
| Cash at bank and in hand54/58 | €44k | €185k | €98k | €155k | €221k | ▲ 42.6% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €12k | €9k | ▼ 20.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167k | €454k | €667k | €603k | €593k | ▼ 1.7% |
| Equity10/15 | €33k | €127k | €201k | €217k | €246k | ▲ 13.3% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €27k | €121k | €194k | €211k | €240k | ▲ 13.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €119k | €192k | €209k | €238k | ▲ 13.8% |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | - |
| Amounts payable17/49 | €134k | €326k | €466k | €385k | €346k | ▼ 10.1% |
| Amounts payable after more than one year17 | €80k | €69k | €144k | €118k | €92k | ▼ 22.3% |
| Financial debts170/4 | - | €69k | €144k | €118k | €92k | ▼ 22.3% |
| Amounts payable within one year42/48 | €54k | €257k | €322k | €267k | €251k | ▼ 5.9% |
| Current portion of amounts payable after more than one year42 | - | €27k | €25k | €26k | €26k | ▲ 0.5% |
| Trade debts44 | €8k | €70k | €100k | €78k | €88k | ▲ 12.7% |
| Suppliers440/4 | - | €70k | €100k | €78k | €88k | ▲ 12.7% |
| Advances received on contracts in progress46 | - | €130k | €183k | €41k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €20k | €13k | €17k | €34k | ▲ 103% |
| Taxes450/3 | - | €20k | €13k | €16k | €29k | ▲ 83.9% |
| Remuneration and social security454/9 | - | - | - | €1k | €5k | ▲ 386% |
| Other amounts payable47/48 | - | €10k | €1k | €106k | €103k | ▼ 2.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €94k | €74k | €116k | €29k | ▼ 75.2% |
| + Depreciation and write-downs630 | €25k | €33k | €37k | €56k | €66k | ▲ 18.0% |
| Operating cash flow (approximation) | €37k | €127k | €110k | €172k | €95k | ▼ 44.9% |
| Investment in fixed assets (approximation) | - | €-25k | €-184k | €-83k | €-16k | ▲ 80.2% |
| Change in cash | - | €141k | €-86k | €57k | €66k | ▲ 16.7% |
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
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
30-09
Financial
Highest result since 2018net €116k ▲58.1%
Net result €116k, the highest in the series.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €201k ▲57.9%
5 profitable years in a row build equity to €201k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Equity above €100kEq €127k ▲284%
4 profitable years in a row build equity to €127k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
30-09
Financial
Weakest financial yearnet €760 ▼96.8%
Net result drops to €760, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 59 days late
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit since 2013
Ground area
424 m²
Building footprint
87 m²
Volume, LiDAR
251 m³
Parcel 34010A0177/00M013, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BPM CONSTRUCT
since 20132.224.994.116
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010A0177/00M013 | Flanders | 424 m² | 1 · 87 m² | 5.8 m · 1 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
BALENCOURT ET FILS
BE 0455.524.371
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BE 0861.606.557
Zoersel · Eq €246,556
VDS-CONSTRUCT
BE 0728.895.315
Lo-Reninge · Eq €246,171
ALCEG
BE 0766.493.307
Hoeilaart · Eq €246,163
DECLERCQ JOZEF & C°
BE 0471.975.274
Anzegem · Eq €246,147
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 11,549 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 (pre-2019)
Founded06-12-2013
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.