Turnover
≈ €390,000 estimated
The accounts state no turnover.
BPM CONSTRUCT
Lifetime
11 annual accounts with figures on one time axispeak €185,172 (2023)
€111,846▼ 30.7%
lowest -€12,284 (2025)
-€12,284▼ €41,180
peak €246,365 (2024)
€234,081▼ 5.0%
€346,627▲ 0.1%
peak 1 FTE (2023)
0.9 FTE▼ 10.0%
Board3 names since 2013
1 directorJoam BV
Documentsfilings and deeds
30-06-202661 days late
2025abbreviated format
Gross margin from €161,427 to €111,846Loss of €12,284Staff from 1 FTE to 0.9 FTECash from €221,165 to €101,450
Key points
from the 2025 annual accountsFilings
11 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€12,284
Lower net result than 82% of companies in construction of buildings. Sector median €19,022 · 2,812 companies.
Checked score
68
Healthy
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
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 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.3 percentage points vs 04-2025
06-2025: 0.2%▼ -0.6 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.3 percentage points vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 1.4%▲ +0.7 percentage points vs 06-2026
08-2026: 1.4%● unchanged vs 07-2026
09-2026: 2.0%▲ +0.6 percentage points vs 08-2026highest value
10-2026: 0.8%▼ -1.2 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 2013
Liquidity: current ratio 1.47, cash €101,450, halved
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 48% of them on solvency, 47% on liquidity, 37% on profitability and 29% 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 6,908 companies had the same profile as BPM CONSTRUCT has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BPM CONSTRUCT itself: 0.8% within 12 months.
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 6,908 companies, not a prediction for BPM 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
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.47 (1.49 in 2024), below the usual 1.5. Short-term debt is 48.3% and cash 17.5% of total assets. 59.7% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-06-2026, 61 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 · 10 filingsDeviation from the deadline
2025
61 days late
2024
30 days late
2023
28 days late
2022
4 days early
2021
31 days late
2020
39 days late
2019
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 May (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0542789432
1 director appointed, 1 resignation
Resignation: Pieter Verstraete · Appointment: Joam BV · Permanent representative: Pieter Verstraete · General meeting of 25-04-2022 · Gazette deed
Resignation: Bert Verstraete (manager)
General meeting of 26-06-2019 · Gazette deed
Incorporation
published on 10-12-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BPM CONSTRUCT Waregem | €580,708 | €111,846 | 40.3% | 0.9 |
| NEW OMNI Berchem-Sainte-Agathe | €557,688 | €98,932 | 30.2% | 1 |
| BOUWCOORDINATIE VERBRUGGHE Zedelgem | €559,747 | €132,561 | 17.3% | 0.7 |
| MJ Works Lille | €451,787 | €126,045 | 12.1% | 1 |
| RENODEX Antwerp | €809,992 | €126,685 | 29.4% | 1 |
| LEVELL CONCEPT Watermael-Boitsfort | €444,787 | €112,063 | 88.3% | 1 |
| VU-CONSTRUCT Uccle | €420,568 | €87,360 | 21.5% | 0.8 |
These companies have the same main activity as BPM CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €421,000 and €810,000, founded between 2009 and 2015.
Official details
Source: KBO- Status
- Active since 06-12-2013Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Joint committee
- 124Construction · annual accounts 30-09-2025
- Establishment unit
- 2.224.994.1168792 Waregem, since 06-12-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 25-12-2025
Insights on BPM CONSTRUCT
BPM CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from -€4,053 in 2015 to €111,846 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 BPM CONSTRUCT
- What is the company number of BPM CONSTRUCT?
- The company number of BPM CONSTRUCT is 0542.789.432. The VAT number is the same number with BE in front: BE 0542.789.432.
- Where is BPM CONSTRUCT based?
- The registered office is at Nieuwstraat 90, 8792 Waregem.Company details
- What does BPM CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BPM CONSTRUCT?
- BPM CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was BPM CONSTRUCT founded?
- BPM CONSTRUCT was founded on 06-12-2013.
- Is BPM CONSTRUCT still active?
- Yes, BPM CONSTRUCT is an active enterprise in the KBO register.
- How many employees does BPM CONSTRUCT have?
- BPM CONSTRUCT had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BPM CONSTRUCT fall under?
- In its 30-09-2025 annual accounts, BPM CONSTRUCT states joint committee 124 (Construction).
- What is the turnover of BPM CONSTRUCT?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €111,846 and 126 comparable companies (NACE 41001). It probably lies between €270,000 and €620,000.
- Is BPM CONSTRUCT profitable?
- In financial year 2025, BPM CONSTRUCT made a loss of €12,284.
- Where can I find the annual accounts of BPM CONSTRUCT?
- BPM CONSTRUCT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BPM CONSTRUCT due?
- BPM CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.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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