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BQ CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsChaussée de Fleurus 217, 6060 Charleroi, BelgiumKBO/BCE: BE 1006.486.945
Summary

The computed 12-month bankruptcy probability of BQ CONSTRUCT is at least 25% (high). The 2024 annual accounts show equity of €23,385 and a net result of €20,885. Its solvency ranks better than 42% of 35,968 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Financials · financial year 2024, micro format

2024 annual accounts filed late (44 days) Filed on 13 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00496323.

Equity
€23,385
Total assets
€59,703
Net result
€20,885
Working capital
€4,971

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €59,703
Fixed assets €18,414
Current assets €41,289
Equity and liabilities €59,703
Equity €23,385
Debt €36,318
Debt finances 60.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€28,023
Cash flow
€22,746
Current ratio
1.14
Debt to equity
1.55
ROE
89.3%
ROA
35.0%
Interest coverage
over 100
Debt ≤ 1 year
€36,318
Income taxes
€5,229

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: ≥ 25% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€59,703
Fixed assets21/28€18,414
Tangible fixed assets22/27€18,414
Plant, machinery and equipment23€9,021
Furniture and vehicles24€9,394
Current assets29/58€41,289
Amounts receivable within one year40/41€34,963
Trade receivables40€27,569
Other amounts receivable41€7,393
Cash at bank and in hand54/58€6,326
Equity and liabilities
Total equity and liabilities10/49€59,703
Equity10/15€23,385
Contributions10/11€2,500
Profit (loss) carried forward14€20,885
Amounts payable17/49€36,318
Amounts payable within one year42/48€36,318
Trade debts44€63
Suppliers440/4€63
Advances received on contracts in progress46€5,000
Taxes, remuneration and social security45€11,902
Taxes450/3€11,902
Other amounts payable47/48€19,353
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,861
Other operating charges640/8€149
Gross operating margin9900€28,171
Operating profit (loss)9901€26,162
Financial income75/76B€14
Recurring financial income75€14
Financial charges65/66B€62
Recurring financial charges65€62
Profit (loss) for the period before taxes9903€26,114
Income taxes67/77€5,229
Profit (loss) for the period9904€20,885
Profit (loss) for the period to be appropriated9905€20,885
Appropriation of the result
Profit (loss) to be appropriated9906€20,885

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,861
Other operating charges640/8€149
Gross operating margin9900€28,171
Operating profit (loss)9901€26,162
Financial income75/76B€14
Recurring financial income75€14
Financial charges65/66B€62
Recurring financial charges65€62
Profit (loss) for the period before taxes9903€26,114
Income taxes67/77€5,229
Profit (loss) for the period9904€20,885
Profit (loss) for the period to be appropriated9905€20,885
Line2024
Assets
Total assets20/58€59,703
Fixed assets21/28€18,414
Tangible fixed assets22/27€18,414
Plant, machinery and equipment23€9,021
Furniture and vehicles24€9,394
Current assets29/58€41,289
Amounts receivable within one year40/41€34,963
Trade receivables40€27,569
Other amounts receivable41€7,393
Cash at bank and in hand54/58€6,326
Equity and liabilities
Total equity and liabilities10/49€59,703
Equity10/15€23,385
Contributions10/11€2,500
Profit (loss) carried forward14€20,885
Amounts payable17/49€36,318
Amounts payable within one year42/48€36,318
Trade debts44€63
Suppliers440/4€63
Advances received on contracts in progress46€5,000
Taxes, remuneration and social security45€11,902
Taxes450/3€11,902
Other amounts payable47/48€19,353
Line2024
Profit (loss) for the period9904€20,885
+ Depreciation and write-downs630€1,861
Operating cash flow (approximation)€22,746

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 13-09-2025 2025-00496323

Similar companies · same sector, comparable size

Of the 10,929 active companies whose main activity is bricklaying and masonry work (NACE 43910), figures are known for 5,487. 4,076 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.