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Bright Osahon Construct

Active
Private limited companyfounded 2024active for 2 yearsAssenedesteenweg 273, 9060 Zelzate, BelgiumKBO/BCE: BE 1013.392.652
Summary

Bright Osahon Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,757 and a net result of €5,757. Its solvency ranks better than 72% of 9,354 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2025, micro format

Turnover
≈ €190,000
Estimated: probably between €110,000 and €340,000
Total assets
€56,108
Net result
€5,757
Working capital
-€3,274

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €56,108
Fixed assets €39,031
Current assets €17,077
Equity and liabilities €56,108
Equity €35,757
Debt €20,352
Debt finances 36.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€25,212
Cash flow
€20,609
Current ratio
0.84
Debt to equity
0.57
ROE
16.1%
ROA
10.3%
Interest coverage
9.46
Debt ≤ 1 year
€20,352
Income taxes
€1,937

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 95.9% 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
95.9% still going

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 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%

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 · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€56,108
Fixed assets21/28€39,031
Tangible fixed assets22/27€39,031
Plant, machinery and equipment23€17,858
Furniture and vehicles24€21,173
Current assets29/58€17,077
Amounts receivable within one year40/41€1,915
Other amounts receivable41€1,915
Cash at bank and in hand54/58€15,162
Equity and liabilities
Total equity and liabilities10/49€56,108
Equity10/15€35,757
Contributions10/11€30,000
Reserves13€5,757
Distributable reserves133€5,757
Amounts payable17/49€20,352
Amounts payable within one year42/48€20,352
Trade debts44€3,030
Suppliers440/4€3,030
Taxes, remuneration and social security45€2,509
Taxes450/3€2,509
Other amounts payable47/48€14,813
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,853
Other operating charges640/8€1,666
Gross operating margin9900€26,877
Operating profit (loss)9901€10,359
Financial charges65/66B€2,666
Recurring financial charges65€2,666
Profit (loss) for the period before taxes9903€7,693
Income taxes67/77€1,937
Profit (loss) for the period9904€5,757
Profit (loss) for the period to be appropriated9905€5,757
Appropriation of the result
Profit (loss) to be appropriated9906€5,757
Transfer to equity691/2€5,757
To other reserves6921€5,757

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,853
Other operating charges640/8€1,666
Gross operating margin9900€26,877
Operating profit (loss)9901€10,359
Financial charges65/66B€2,666
Recurring financial charges65€2,666
Profit (loss) for the period before taxes9903€7,693
Income taxes67/77€1,937
Profit (loss) for the period9904€5,757
Profit (loss) for the period to be appropriated9905€5,757
Line2025
Assets
Total assets20/58€56,108
Fixed assets21/28€39,031
Tangible fixed assets22/27€39,031
Plant, machinery and equipment23€17,858
Furniture and vehicles24€21,173
Current assets29/58€17,077
Amounts receivable within one year40/41€1,915
Other amounts receivable41€1,915
Cash at bank and in hand54/58€15,162
Equity and liabilities
Total equity and liabilities10/49€56,108
Equity10/15€35,757
Contributions10/11€30,000
Reserves13€5,757
Distributable reserves133€5,757
Amounts payable17/49€20,352
Amounts payable within one year42/48€20,352
Trade debts44€3,030
Suppliers440/4€3,030
Taxes, remuneration and social security45€2,509
Taxes450/3€2,509
Other amounts payable47/48€14,813
Line2025
Profit (loss) for the period9904€5,757
+ Depreciation and write-downs630€14,853
Operating cash flow (approximation)€20,609

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
31-12-2025 micro format 30-06-2026 2026-00224296

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,403. 13,024 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.