Skip to content

BRAD CONSTRUCT

Active
Private limited companyfounded 20242 yrs activeRue Joseph Mertens(WAU) 42, 7131 Binche, BelgiumKBO/BCE: BE 1009.438.319
Summary

The computed 12-month bankruptcy probability of BRAD CONSTRUCT is 3.3% (moderate). The 2024 annual accounts show equity of €3,657 and a net result of €2,657. Its solvency ranks better than 89% of 36380 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 →
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 2024
Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-11-2025, 109 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
109 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 109 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 May 2024, BRAD CONSTRUCT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€19,124
EBIT margin
14.1%
Net result
€2,657
Working capital
€3,657

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

Balance-sheet composition
Equity and liabilities €4,392
Equity €3,657
Debt €735
Debt finances 16.7% of the balance-sheet total.
Key figures and ratios
2024 value
Debt ≤ 1 year
€735
Ratios withheld: a balance sheet total of €4,392 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,275 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 · 23 lines
Balance sheet Code2024
Assets
Total assets20/58€4,392
Current assets29/58€4,392
Amounts receivable within one year40/41€1,557
Other amounts receivable41€1,557
Cash at bank and in hand54/58€2,835
Equity and liabilities
Total equity and liabilities10/49€4,392
Equity10/15€3,657
Contributions10/11€1,000
Profit (loss) carried forward14€2,657
Amounts payable17/49€735
Amounts payable within one year42/48€735
Trade debts44€735
Suppliers440/4€735
Income statement Code2024
Turnover70€19,124
Goods, raw materials, services and sundry goods60/61€16,428
Gross operating margin9900€2,696
Operating profit (loss)9901€2,696
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€2,657
Profit (loss) for the period9904€2,657
Profit (loss) for the period to be appropriated9905€2,657
Appropriation of the result
Profit (loss) to be appropriated9906€2,657

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€19,124
Goods, raw materials, services and sundry goods60/61€16,428
Gross operating margin9900€2,696
Operating profit (loss)9901€2,696
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€2,657
Profit (loss) for the period9904€2,657
Profit (loss) for the period to be appropriated9905€2,657
Line2024
Assets
Total assets20/58€4,392
Current assets29/58€4,392
Amounts receivable within one year40/41€1,557
Other amounts receivable41€1,557
Cash at bank and in hand54/58€2,835
Equity and liabilities
Total equity and liabilities10/49€4,392
Equity10/15€3,657
Contributions10/11€1,000
Profit (loss) carried forward14€2,657
Amounts payable17/49€735
Amounts payable within one year42/48€735
Trade debts44€735
Suppliers440/4€735
Line2024
Profit (loss) for the period9904€2,657
Operating cash flow (approximation)€2,657

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
17-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 109 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Binche · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
198 m²
Building footprint
56 m²
Volume, LiDAR
333 m³
Parcel 56084B0381/00W000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRAD CONSTRUCT
Rue Joseph Mertens(WAU) 42, 7131 BincheSpecialised construction activities
since 20242.370.183.518
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56084B0381/00W000 Wallonia 198 m² 1 · 56 m² 6.8 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

Of 1,366 companies in sector 43110 we hold annual accounts for 635. 164 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
Founded16-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43310Plastering work
43410Roofing work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009438319
Also 9925:BE1009438319
Registered 29-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.