Starting capital
€1,000 100 shares
BRAD CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €19,124 (2024)
€19,124
peak €2,657 (2024)
€2,657
peak €3,657 (2024)
€3,657
€735
Board1 name since 2024
1 directorBAKHOUCHE Hamden
Documentsfilings and deeds
17-11-2025109 days late
2024micro format
Incorporation 21-051 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsPosition in the sector
€3,657
Less equity than 88% of companies in specialised construction. Sector median €58,287 · 35,973 companies.
2024 accounts filed 109 days after the deadline
Checked score
54
Fair
Financially stronger than 92% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 1.9%
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 2.4%▲ +0.5 percentage points vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.7%▲ +0.3 percentage points vs 10-2025
12-2025: 1.1%▼ -1.6 percentage points vs 11-2025lowest value
01-2026: 1.2%▲ +0.1 percentage points vs 12-2025
02-2026: 1.1%▼ -0.1 percentage points vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%▲ +0.1 percentage points vs 04-2026
06-2026: 1.2%▼ -0.1 percentage points vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +0.4 percentage points vs 07-2026
09-2026: 2.0%▲ +0.3 percentage points vs 08-2026
10-2026: 3.1%▲ +1.1 percentage points vs 09-2026highest value
11-2026: 3.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Size: turnover €19,124, total assets €4,392
Figures for financial year 2024 (filed on 17-11-2025)
Founded in 2024
1 financial year not filed after the legal deadline; last filed accounts filed 109 days late; 1 of the last 3 accounts late
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 43, micro). It does better than 90% of them on solvency, 93% on liquidity and 92% on profitability.
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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 39,278 companies had the same profile as BRAD CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BRAD CONSTRUCT itself is higher: 3.1% within 12 months. It rests on far more data about BRAD CONSTRUCT than the profile alone.
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 39,278 companies, not a prediction for BRAD 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
No publishable credit limit, so credit only on tighter terms
The balance sheet total is too small for a liquidity verdict.
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.
raises risk
raises risk · 2024 accounts filed 109 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
109 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 109 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009438319
First establishment
Rue Joseph Mertens 42, Binche
Incorporation
Founding capital of €1,000, 100 shares · Founder: BAKHOUCHE Hamden · Appointment: BAKHOUCHE Hamden (director) · published on 21-05-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRAD CONSTRUCT Binche | €19,124 | 14.1% | 83.3% | - |
| BATI-MAN CONSTRUCT Halle | - | - | 20.9% | - |
| ALSL-Invest Le Roeulx | - | - | -173.8% | - |
| JDA BATI PRO Wezembeek-Oppem | - | - | 70.4% | - |
| PRO MASTER CONSTRUCT Kraainem | €25,484 | 23.8% | 75.4% | - |
| Z Constructie Genk | - | - | 8.4% | - |
| Maximiliaan Verrelst Lier | - | - | 62.1% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BRAD CONSTRUCT: demolition (NACE 43110). They are comparable in size and age: total assets between €1,690 and €11,300, founded between 2022 and 2025.
Official details
Source: KBO- Status
- Active since 16-05-2024Normal situation
- Activity
- DemolitionNACE 43110and 5 others
- Establishment unit
- 2.370.183.5187131 Binche, since 01-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-01-2026
Insights on BRAD CONSTRUCT
The computed 12-month bankruptcy probability of BRAD CONSTRUCT is 3.1% (moderate). The 2024 annual accounts show equity of €3,657 and a net result of €2,657.
Its solvency ranks better than 89% of 35,956 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 17-11-2025, 109 days late€19,124
€2,696
-
-
-
-
Money flows
of every €100 of turnover, €13.89 remains as profit in 2024Balance sheet
balance sheet total €4,392 on 31-12-2024What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
4,392 | |
29/58 |
4,392 | |
40/41 |
1,557 | |
41 |
1,557 | |
54/58 |
2,835 | |
| Balance sheet: equity and liabilities | ||
10/49 |
4,392 | |
10/15 |
3,657 | |
10/11 |
1,000 | |
14 |
2,657 | |
17/49 |
735 | |
42/48 |
735 | |
44 |
735 | |
440/4 |
735 | |
| Income statement | ||
70 |
19,124 | |
9900 |
2,696 | |
60/61 |
16,428 | |
9901 |
2,696 | |
65/66B |
39 | |
65 |
39 | |
9903 |
2,657 | |
9904 |
2,657 | |
9905 |
2,657 | |
| Appropriation of the result | ||
9906 |
2,657 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2024 at the NBB, filed on 17-11-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 109 days after the deadline. Filed on 17 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00567738.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 17-11-2025 | 2025-00567738 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 |
|---|---|---|
| 3,657 | ||
| 14.1% | ||
| 30 days | ||
| 16 days |
The ratios are withheld because a balance sheet total of €4,392 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on BRAD CONSTRUCT
Debt's share of the balance-sheet total is 16.7%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 21-05-2024
term without a fixed end
Mandates through the years
1 name, the dashed line is todayBAKHOUCHE Hamden
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BAKHOUCHE Hamden
- Director (not named in the articles), appointed by deed of 21-05-2024, still in office
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €36.57 in 2024
- Source
- deed of 21-05-2024
Articles of association
deed of 21-05-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Shareholders
At incorporation
deed of 21-05-2024 ↗
- BAKHOUCHE Hamden 100 shares (100%) · in cash
Network & group
No group
BRAD CONSTRUCT has no parent and no holdings in its annual accounts. BAKHOUCHE Hamden is the only director. BRAD CONSTRUCT shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1009438319
2025
Annual accounts 2024 filed NBBmicro format · 109 days late
2024
First establishment Rue Joseph Mertens 42, Binche
IncorporationFounding capital of €1,000, 100 shares · Founder: BAKHOUCHE Hamden · Appointment: BAKHOUCHE Hamden (director) · published on 21-05-20245 points ▸
- Founder, BAKHOUCHE Hamden
- Founding capital, €1,000, 100 shares
- 100 shares
- Registered office clause, Rue Joseph Mertens 42, 7131 Binche (Waudrez)
- Director appointment, BAKHOUCHE Hamden (director (not named in the articles))
- The deed holds 2 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1009.438.319
- VAT number
- BE 1009.438.319
- Peppol ID
- 0208:1009438319
- Other Peppol ID
- 9925:BE1009438319
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-05-2024
- Financial year
- ends on 31 December
- Peppol
- Reachable since 29-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BRAD CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 21-05-2024 (in French)
Activities
NACEBEL 2025VAT activities
43110
Demolition main activity
43310
Plastering work
43410
Roofing work
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
43110
Demolition main activity
43310
Plastering work
43910
Specialised construction activities
43994
Specialised construction activities
81220
Other building cleaning and industrial cleaning
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'entreprise générale de construction et de rénovation au sens le plus large en ce compris le ferraillage et le coffrage,le béton,le gros…”deed of 21-05-2024 (in French)
18 activities
- L'entreprise générale de construction et de rénovation au sens le plus large en ce compris le ferraillage et le coffrage,le béton,le gros œuvre,la toiture,la menuiserie générale,le plafonnage,l'électricité,le carrelage,le chauffage,la plomberie et les sanitaires
- Les aménagements des abords,l'installation de toutes citernes et stations d'épuration
- Les travaux de terrassement : le creusement,le comblement,le nivellement de chantiers de construction,l'ouverture de tranchées,y compris les travaux de consolidation du sol par tous systèmes
- La construction de terrains de jeux et de sports ainsi que le placement de clôtures
- Les travaux de rejointoiement
- Le montage de cloisons mobiles,le revêtement de murs et de plafonds
- Le nettoyage de vitres,des sols,de bureaux et en général le nettoyage et l’entretien de bâtiments,la peinture,le tapissage,la pose de tapis plein,la décoration et de tous travaux de bâtiments
- L’achat,la vente,l’importation,l’exportation,le commerce de gros et de détail de tous produits se rapportant aux vêtements,aux accessoires,aux textiles,aux tissus,aux cuirs,aux vêtements pour hommes,pour dames,pour enfants,d’articles et accessoires de couture,tous produits relatifs à tout sport,à la maroquinerie,aux chaussures et cuirs d’ameublement
- Toutes activités en rapport direct ou indirect avec la restauration en général et le secteur Horeca,l’organisation de banquets et réceptions,le service traiteur,y compris l’organisation,la gestion et l’exploitation de restaurants,débits de boissons,tavernes,snack-bars,cafétérias,bars de nuit ainsi que toutes opérations de tourisme,d’hôtellerie,de divertissement et de loisirs
- L’exploitation,sous sa propre enseigne ou par voie de franchise ou licence de tout lunch-bar,bar de nuit,snack-bar,cafétéria,sandwicherie,service de cuisine rapide ou de petite restauration,de tout service traiteur et/ou d’un ou plusieurs restaurants
- L’exploitation,sous sa propre enseigne ou par voie de franchise ou licence,de tout magasin d’alimentation générale
- L’achat,la vente,tant en gros qu’au détail,l’importation,l’exportation,la représentation,la distribution,la location,la fabrication,la confection artisanale,semi-artisanale ou industrielle,le conditionnement et la commercialisation de tous produits ou denrées alimentaires ainsi que de tous produits liés à l’alimentation en général et à l’industrie alimentaire(frais,en conserve,secs ou surgelés et notamment de fruits et légumes),de boulangerie,de pâtisserie,de chocolaterie,d’épicerie,d’épicerie fine,de produits laitiers,de fromagerie,de charcuterie,de produits de la mer,de traiteur(plats préparés,…),de confiserie,de biscuiterie,de boissons,de vins et de spiritueux,de tabacs,de cigarettes et accessoires,de même que de tous articles liés à l’art de la table et de décoration divers
- Le transport,la livraison à domicile,le stockage et l’entreposage,l’emballage de tous produits ou denrées alimentaires ainsi que de tous produits liés à l’alimentation en général et à l’industrie alimentaire
- L’achat,l’échange,la vente,la location et sous-location,ainsi que la cession en location ou en sous-location,le tout avec ou sans option d’achat,l’exploitation et l’entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous les biens immobiliers,ainsi que toutes opérations de financement
- Ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l’ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,des transformations et mises en valeur ainsi que l’étude et l’aménagement de lotissements y compris la construction de routes et égouts ; souscrire des engagements en tant que conseiller en construction(études de génie civil et des divers équipements techniques des immeubles) ; acheter tous matériaux,signer tous contrats d’entreprises qui seraient nécessaires ; réaliser toutes opérations de change,commission et courtage,ainsi que la gérance d’immeubles
- L’achat,la vente,l’importation,l’exportation,le commerce de gros et de détail,le commerce ambulant ainsi que les marchés publics de tous produits
- Le commerce de détail de tous types de produits par correspondance ou par Internet(e-commerce)
- La prestation de tout service dans le cadre de son objet,y compris la gestion de patrimoine
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Joseph Mertens 42 registered office 7131 Binche | 01-10-2024 | 2.370.183.518 |
Buildings and parcels at the address
- Ground area
- 198 m²
- Buildings
- 56 m²
- Volume, LiDAR
- 333 m³
- Tallest building
- 6.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 56084B0381/00W000 | 198 m² | 1 · 56 m² | 6.8 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1009.438.319