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BS AFWERKING

Active
Private limited companyfounded 2019active for 7 yearsGroenhof(C) 42, 2920 Kalmthout, BelgiumKBO/BCE: BE 0732.897.851

The file of BS AFWERKING contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 2.5% (moderate). The 2025 annual accounts show equity of €254,006 and a net result of €68,569. Equity is shrinking by about 56% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 43% of 2,737 sector peers (NACE 41, financial year 2025).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€776,780total assets 2025
Equity
€254,006
Profit
€68,569
Turnover not published (abbreviated or micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Accounts 10 days early
Why 53raises riskLiquidity: current ratio 0.17, cash €2,4942 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €776,780Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Average
Solvency 58+46
equity 32.7% of total assets
Liquidity 15+15
short-term debt 67.3% · cash 0.3%
Profitability 80+68
return on assets 8.8%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,377 companies, NACE 41, micro)
Last 24 months 11-2024: 10.3% 12-2024: 10.8%▲ +0.5 percentage points vs 11-2024 01-2025: 10.8%● unchanged vs 12-2024 02-2025: 9.0%▼ -1.8 percentage points vs 01-2025 03-2025: 9.0%● unchanged vs 02-2025 04-2025: 9.1%▲ +0.1 percentage points vs 03-2025 05-2025: 9.2%▲ +0.1 percentage points vs 04-2025 06-2025: 8.8%▼ -0.4 percentage points vs 05-2025 07-2025: 8.7%▼ -0.1 percentage points vs 06-2025 08-2025: 8.7%● unchanged vs 07-2025 09-2025: 8.8%▲ +0.1 percentage points vs 08-2025 10-2025: 9.5%▲ +0.7 percentage points vs 09-2025 11-2025: 8.9%▼ -0.6 percentage points vs 10-2025 12-2025: 9.4%▲ +0.5 percentage points vs 11-2025 01-2026: 11.9%▲ +2.5 percentage points vs 12-2025 02-2026: 11.9%● unchanged vs 01-2026 03-2026: 12.1%▲ +0.2 percentage points vs 02-2026highest value 04-2026: 11.5%▼ -0.6 percentage points vs 03-2026 05-2026: 11.4%▼ -0.1 percentage points vs 04-2026 06-2026: 11.0%▼ -0.4 percentage points vs 05-2026 07-2026: 10.5%▼ -0.5 percentage points vs 06-2026 08-2026: 2.5%▼ -8.0 percentage points vs 07-2026lowest value 09-2026: 2.5%● unchanged vs 08-2026lowest value 10-2026: 2.5%● unchanged vs 09-2026lowest value
Credit of up to €13,000 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.17, compared with 0.07 in 2024; short-term debt: 67.3% and cash: 0.3% of total assets), and 67.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 40% on solvency, 12% on liquidity, 60% on profitability and 98% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.17, cash €2,494
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €776,780
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
10 days early
2024
243 days late
2023
166 days late
2022
532 days late
2021
96 days late
2020
332 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 227 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 January (4 of the last 5 filed years within 177 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €68,569

Key points

  • Positive: Back in profit in 2025after -€26,860 in 2024 €68,569 View
  • Total assets 20256 financial years filed €776,780 View
  • Active since 2019founded 27-08-2019 7 years View

By topic

Financials

Financial year
2025
Total assets
€776,780
Profit
€68,569
Solvency
32.7%
Total assets▲ 53.9%
Net result
20202025
Go to Financials

Timeline

Events
11
Since
2021
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €200,000
  2. 13-01-2025Annual accounts filed
  3. 13-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
27-08-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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