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BSEG CONSTRUCT

Active
Private limited companyfounded 2017active for 9 yearsRue du Bois Portal 4, 5300 Andenne, BelgiumKBO/BCE: BE 0674.743.282
Summary

The computed 12-month bankruptcy probability of BSEG CONSTRUCT is 2.9% (moderate). The annual accounts of BSEG CONSTRUCT for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €42,185 and a net result of -€44,018. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 13% of 828 sector peers (NACE 25, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110General construction of residential buildings NACE 41001
1 site
Size
≈ €560,000turnover 2025, estimated
Staff
5 FTE
Equity
€42,185
Loss
-€44,018
Turnover estimated from the gross margin
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Structure
2025 accounts filed 25 days late2 of 4 deeds summarised
Why 49raises riskLoss of €44,018 (financial year 2025)Size: 5 FTE, total assets €270,396Equity €42,185 (15.6% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Weak
Solvency 41-15
equity 15.6% of total assets
Liquidity 48-1
short-term debt 30.4% · cash 8.7%
Profitability 36-35
return on assets -16.3%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,704 companies, NACE 25, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.8%▼ -0.1 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025 09-2025: 0.5%▼ -0.8 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026lowest value 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 2.7%▲ +1.7 percentage points vs 08-2026 10-2026: 2.9%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.98, compared with 1.19 in 2024, below 1; short-term debt: 30.4% and cash: 8.7% of total assets), and 84.4% of the assets are financed with debt and provisions.
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 25, micro): better than 18% on solvency, 40% on liquidity, 17% on profitability and 8% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

Credit check for your own amount and term

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

Signals

Six signals.
raises risk
raises risk · Loss of €44,018 (financial year 2025)
NBB · annual accounts
raises risk · Size: 5 FTE, total assets €270,396
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €42,185 (15.6% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 828 sector peers (2025).
NBB · sector comparison
Position among 828 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
25 days late
2024
29 days late
2023
47 days early
2022
24 days late
2021
5 days early
2020
26 days late
2019
39 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% 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 24 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 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 · full…
  2. Weakest financial yearnet -€44,018
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, full format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423262.

Turnover
€189,939▲ 58.0%
2020 · €120,249
EBIT margin
26.0%▲ 27.1pp
2020 · -1.1%
Net result
-€44,018
2024 · €5,172
Working capital
-€1,797
2024 · €21,488
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €38,110 after €13,147 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€189,939 2021 Operating result-€38,110 2025 Net result-€44,018 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€136,806-€143,316▲ 4.8%€120,249▼ 16.1%€189,939▲ 58.0%
Operating result€9,848-€13,105▲ 33.1%-€1,278€49,386-€19,659€46,303€13,147▼ 71.6%-€38,110
Net result€7,465-€10,182▲ 36.4%-€1,587below the sector's middle half€38,123above the sector's middle half-€20,184below the sector's middle half€35,440above the sector's middle half€5,172within the sector's middle half▼ 85.4%-€44,018below the sector's middle half
EBIT margin7.2%-9.1%▲ 1.9pp-1.1%▼ 10.2pp26.0%▲ 27.1pp
Equity€18,921-€29,103▲ 53.8%€27,516within the sector's middle half▼ 5.5%€65,639within the sector's middle half▲ 139%€45,591below the sector's middle half▼ 30.5%€81,031within the sector's middle half▲ 77.7%€86,203within the sector's middle half▲ 6.4%€42,185below the sector's middle half▼ 51.1%
Total assets€46,775-€55,984▲ 19.7%€59,311below the sector's middle half▲ 5.9%€128,418within the sector's middle half▲ 117%€316,080below the sector's middle half▲ 146%€244,041within the sector's middle half▼ 22.8%€278,265within the sector's middle half▲ 14.0%€270,396below the sector's middle half▼ 2.8%
Debt€27,854-€26,881▼ 3.5%€31,795▲ 18.3%€62,779▲ 97.4%€270,489▲ 331%€163,010▼ 39.7%€192,062▲ 17.8%€228,211▲ 18.8%
Working capital-€7,063-€11,123€3,825within the sector's middle half▼ 65.6%€41,636within the sector's middle half▲ 989%-€170,713below the sector's middle half-€2,089within the sector's middle half▲ 98.8%€21,488within the sector's middle half-€1,797below the sector's middle half
Solvency40.5%-52.0%▲ 11.5pp46.4%within the sector's middle half▼ 5.6pp51.1%within the sector's middle half▲ 4.7pp14.4%below the sector's middle half▼ 36.7pp33.2%within the sector's middle half▲ 18.8pp31.0%within the sector's middle half▼ 2.2pp15.6%below the sector's middle half▼ 15.4pp
Current ratio0.75-1.41▲ 0.671.12within the sector's middle half▼ 0.291.99within the sector's middle half▲ 0.870.34below the sector's middle half▼ 1.650.97below the sector's middle half▲ 0.631.19within the sector's middle half▲ 0.220.98below the sector's middle half▼ 0.21
Return on assets (ROA)16.0%-18.2%▲ 2.2pp-2.7%below the sector's middle half▼ 20.9pp29.7%above the sector's middle half▲ 32.4pp-6.4%below the sector's middle half▼ 36.1pp14.5%within the sector's middle half▲ 20.9pp1.9%within the sector's middle half▼ 12.7pp-16.3%below the sector's middle half▼ 18.1pp
Staff (FTE)15below the sector's middle half
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270,396
Fixed assets €190,117 ▲ 33.8%
Current assets €80,279 ▼ 41.1%
Equity and liabilities €270,396
Equity €42,185 ▼ 51.1%
Debt €228,211 ▲ 18.8%
Debt's share of the balance-sheet total rises from 69.0% to 84.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,129▼
2024 · €70,046
Cash flow
€21,222▼
2024 · €62,071
Debt to equity
5.41▲
2024 · 2.23
ROE
-104.3%▼
2024 · 6.0%
Interest coverage
4.35▼
2024 · 15.52
Debt ≤ 1 year
€82,076▼
2024 · €114,724
Debt > 1 year
€146,135▲
2024 · €77,338
Staff costs
€190,450▲
2024 · €71,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
6.4% went bankrupt
6.6% stopped otherwise
86.4% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% 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 1,133 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 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€278,265€270,396▼
Fixed assets21/28€142,053€190,117▲
Intangible fixed assets21€956€73▼
Tangible fixed assets22/27€140,937€189,884▲
Land and buildings22€995€98,507▲
Plant, machinery and equipment23€35,423€24,327▼
Furniture and vehicles24€104,518€67,050▼
Financial fixed assets28€160€160=
Current assets29/58€136,212€80,279▼
Amounts receivable within one year40/41€26,807€26,861▲
Trade receivables40€26,532€26,532=
Other amounts receivable41€275€330▲
Cash at bank and in hand54/58€41,570€23,544▼
Deferred charges and accrued income490/1€67,835€29,874▼
Equity and liabilities
Total equity and liabilities10/49€278,265€270,396▼
Equity10/15€86,203€42,185▼
Contributions10/11€8,060€8,060=
Contributions outside capital11€8,060€8,060=
Other1109/19€8,060€8,060=
Profit (loss) carried forward14€78,143€34,125▼
Amounts payable17/49€192,062€228,211▲
Amounts payable after more than one year17€77,338€146,135▲
Financial debts170/4€77,338€146,135▲
Amounts payable within one year42/48€114,724€82,076▼
Current portion of amounts payable after more than one year42€21,397€26,380▲
Trade debts44€27,424€14,219▼
Suppliers440/4€27,424€14,219▼
Taxes, remuneration and social security45€16,211€11,135▼
Taxes450/3€12,401€1,991▼
Remuneration and social security454/9€3,810€9,144▲
Other amounts payable47/48€49,692€30,342▼
Income statement Code20242025
Remuneration, social security and pensions62€71,621€190,450▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,899€65,239▲
Other operating charges640/8€1,924€2,274▲
Gross operating margin9900€143,592€219,854▲
Operating profit (loss)9901€13,147-€38,110▼
Financial income75/76B€33€438▲
Recurring financial income75€9€3▼
Non-recurring financial income76B€24€435▲
Financial charges65/66B€6,451€6,346▼
Recurring financial charges65€4,513€6,233▲
Non-recurring financial charges66B€1,938€113▼
Profit (loss) for the period before taxes9903€6,729-€44,018▼
Income taxes67/77€1,557-
Profit (loss) for the period9904€5,172-€44,018▼
Profit (loss) for the period to be appropriated9905€5,172-€44,018▼
Appropriation of the result
Profit (loss) to be appropriated9906€78,143€34,125▼
Profit (loss) brought forward from the previous period14P€72,971€78,143▲
Social balance sheet
Average headcount (FTE)9087-5.0

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€136,806€143,316€120,249€189,939-----
Goods, raw materials, services and sundry goods60/61---€95,173-----
Remuneration, social security and pensions62---€34,446€9,189€220,791€71,621€190,450▲ 166%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,486€9,466€7,550€14,758€26,561€62,393€56,899€65,239▲ 14.7%
Other operating charges640/8---€1,182€988€1,601€1,924€2,274▲ 18.2%
Gross operating margin9900€21,366€24,047€14,051€99,772€17,079€331,087€143,592€219,854▲ 53.1%
Operating profit (loss)9901€9,848€13,105-€1,278€49,386-€19,659€46,303€13,147-€38,110-
Financial income75/76B---€6€203€37€33€438▲ 13×
Recurring financial income75€0€68€15€6€12€37€9€3▼ 66.7%
Non-recurring financial income76B----€192-€24€435▲ 18×
Financial charges65/66B---€506€728€5,310€6,451€6,346▼ 1.6%
Recurring financial charges65€389€357€324€506€628€5,310€4,513€6,233▲ 38.1%
Non-recurring financial charges66B----€100-€1,938€113▼ 94.2%
Profit (loss) for the period before taxes9903€9,459€12,816-€1,587€48,885-€20,184€41,030€6,729-€44,018-
Income taxes67/77€1,994€2,634-€10,762-€5,590€1,557--
Profit (loss) for the period9904€7,465€10,182-€1,587€38,123-€20,184€35,440€5,172-€44,018-
Profit (loss) for the period to be appropriated9905€7,465€10,182-€1,587€38,123-€20,184€35,440€5,172-€44,018-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€46,775€55,984€59,311€128,418€316,080€244,041€278,265€270,396▼ 2.8%
Formation expenses20€648€448€249€50-----
Fixed assets21/28€25,336€17,531€23,442€44,770€228,857€181,854€142,053€190,117▲ 33.8%
Intangible fixed assets21-----€1,839€956€73▼ 92.4%
Tangible fixed assets22/27€25,176€17,371€23,282€44,610€228,697€179,854€140,937€189,884▲ 34.7%
Land and buildings22---€2,076€1,716€1,355€995€98,507▲ 99×
Plant, machinery and equipment23---€8,619€43,486€42,223€35,423€24,327▼ 31.3%
Furniture and vehicles24---€33,914€183,495€136,276€104,518€67,050▼ 35.8%
Financial fixed assets28€160€160€160€160€160€160€160€160=
Current assets29/58€20,791€38,005€35,620€83,598€87,223€62,187€136,212€80,279▼ 41.1%
Amounts receivable within one year40/41€5,110€71€4,920€27,628€71,632€34,363€26,807€26,861▲ 0.2%
Trade receivables40---€26,900€29,562€34,313€26,532€26,532=
Other amounts receivable41---€728€42,071€50€275€330▲ 19.9%
Cash at bank and in hand54/58€15,570€37,191€29,764€54,505€13,491€23,323€41,570€23,544▼ 43.4%
Deferred charges and accrued income490/1---€1,465€2,099€4,501€67,835€29,874▼ 56.0%
Equity and liabilities
Total equity and liabilities10/49€46,775€55,984€59,311€128,418€316,080€244,041€278,265€270,396▼ 2.8%
Equity10/15€18,921€29,103€27,516€65,639€45,591€81,031€86,203€42,185▼ 51.1%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€8,060€8,060€8,060=
Capital10---€6,200€6,200----
Issued capital100---€18,600€18,600----
Uncalled capital101---€12,400€12,400----
Contributions outside capital11-----€8,060€8,060€8,060=
Other1109/19-----€8,060€8,060€8,060=
Reserves13€1,860€1,860€1,860€1,860€1,860----
Non-distributable reserves130/1---€1,860€1,860----
Legal reserve130---€1,860€1,860----
Profit (loss) carried forward14€10,861€21,043€19,456€57,579€37,531€72,971€78,143€34,125▼ 56.3%
Amounts payable17/49€27,854€26,881€31,795€62,779€270,489€163,010€192,062€228,211▲ 18.8%
Amounts payable after more than one year17---€20,816€12,552€98,734€77,338€146,135▲ 89.0%
Financial debts170/4---€20,816€12,552€98,734€77,338€146,135▲ 89.0%
Amounts payable within one year42/48€27,854€26,881€31,795€41,963€257,936€64,276€114,724€82,076▼ 28.5%
Current portion of amounts payable after more than one year42---€8,181€8,264€24,902€21,397€26,380▲ 23.3%
Trade debts44€4,450€5,724€8,367€12,227€153,899€14,772€27,424€14,219▼ 48.2%
Suppliers440/4---€12,227€153,899€14,772€27,424€14,219▼ 48.2%
Taxes, remuneration and social security45---€11,130€13,884€18,752€16,211€11,135▼ 31.3%
Taxes450/3---€11,013€10,620€8,532€12,401€1,991▼ 83.9%
Remuneration and social security454/9---€117€3,264€10,220€3,810€9,144▲ 140%
Other amounts payable47/48---€10,423€81,890€5,850€49,692€30,342▼ 38.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,465€10,182-€1,587€38,123-€20,184€35,440€5,172-€44,018-
+ Depreciation and write-downs630€9,486€9,466€7,550€14,758€26,561€62,393€56,899€65,239▲ 14.7%
Operating cash flow (approximation)€16,952€19,648€5,963€52,881€6,377€97,833€62,071€21,222▼ 65.8%
Investment in fixed assets (approximation)--€1,661-€13,461-€36,086-€210,648-€15,390-€17,098-€113,303▼ 563%
Change in cash-€21,621-€7,427€24,741-€41,014€9,832€18,247-€18,026-

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

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 full format 25-08-2026 2026-00423262
31-12-2024 micro format 29-08-2025 2025-00440567
31-12-2023 micro format 14-06-2024 2024-00129398
31-12-2022 full format 24-08-2023 2023-00349370
31-12-2021 micro format 26-07-2022 2022-20220460
31-12-2020 micro format 26-08-2021 2021-54100442
31-12-2019 micro format 08-09-2020 2020-51900006
31-12-2018 micro format 28-05-2019 2019-14900362
31-12-2017 micro format 13-06-2018 2018-19500263

Similar companies · same sector, comparable size

Of the 3,945 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,177. 1,392 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.

Directors

Directors
1 director, last change in 2022
NEZIRAJ Blerton
Director · since 01-01-2020
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2019, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
NEZIRAJ Blerton
  • Manager, until 31-12-2019
  • Director, from 01-01-2020 to date
Hava ALJIJA
  • Director, until 31-08-2022
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 15-12-2023 Converted to unavailable equity · €8,060

Group and network

Connections & network

1 current director
Depth

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History

BSEG CONSTRUCT was incorporated on 21 April 2017.1 Turnover grew from €136,806 in 2018 to €189,939 in 2021 and headcount from 1 full-time equivalents in 2021 to 5 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
financial year 2025 · full format · 25 days late
2025
31-12
Financial Weakest financial yearnet -€44,018
Net result drops to -€44,018, the lowest in the series.
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
14-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €35,440
Net result €35,440 after one loss-making year.
15-12
Gazette deed Resignation: NEZIRAJ Blerton (manager)
Appointment: NEZIRAJ Blerton (director) · Capital · Purpose change17 facts ▸
  • Capital
  • General meeting, 11-12-2023
  • Purpose change
  • Other provision, “soumission au Code des sociétés et des associations, DEUXIEME RESOLUTION:ADAPTATION DES STATUTS AU CODE DES SOCIETES ET DES ASSOCIATION ET ADOPTION DE LA NOUVEL…” (deed in French)
  • Legal-form conversion, “société à responsabilité limitée” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Other provision, “suppression du compte de capitaux propres statutairement indisponible, supprimer et rendre disponible pour distribution” (deed in French)
  • Other provision, “dispense du versement du capital souscrit non libéré, dispense expresse des actionnaires du versement de la partie du capital souscrit et non libérée” (deed in French)
  • Other provision, “avertissement double test avant distribution, exigence d’un double test,dit de solvabilité et liquidité,avant toute distribution” (deed in French)
  • Amendment of the articles
  • Registered office clause, “5300 Andenne,rue du Bois Portal 4” (deed in French)
  • Director resignation, NEZIRAJ Blerton (manager)
  • +5 further facts in this act
24-08
NBB filing Annual accounts filed
financial year 2022 · full format · 24 days late
2022
03-10
Gazette deed Resignation: Hava ALJIJA (director)
Director discharge3 facts ▸
  • General meeting, 31-08-2022
  • Director resignation, Hava ALJIJA (director)
  • Director discharge, Hava ALJIJA (director)
26-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €38,123
Net result €38,123 after one loss-making year.
26-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 26 days late
2020
08-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 39 days late
2019
28-05
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
13-06
NBB filing Annual accounts filed
financial year 2017 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded21-04-2017
Financial year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
41001General construction of residential buildings
43230Insulation installation
43910Bricklaying and masonry work
52210Service activities incidental to land transportation
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0674743282
Also 9925:BE0674743282
Registered 30-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

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, with enterprise number 0674.743.282

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Andenne · 1 establishment unit since 2017
registered office establishment The establishment unit on the map
Ground area
849 m²
Building footprint
62 m²
Parcel 92411B0204/00D013, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BSEG CONSTRUCT
Rue du Bois Portal 4, 5300 AndenneManufacture of metal structures and parts of structures
since 2017unit no. 2.263.758.779
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
92411B0204/00D013 Wallonia 849 m² 1 · 61 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La fabrication de constructions préfabriquées principalement en métaux:baraques de chantier,éléments modulaires pour expositions,cabines…” (deed in French)
29 activities (deed in French)
  1. La fabrication de constructions préfabriquées principalement en métaux:baraques de chantier,éléments modulaires pour expositions,cabines téléphoniques,etc. ;
  2. Les travaux d'entretien et réparations mécaniques pour des tiers ;
  3. La construction d'autoroutes,de routes,de rues,de chaussées et d'autres voies pour véhicules et piétons(y compris la pose de glissières de sécurité) ;
  4. Le forage et construction de puits d'eau,fonçage de puits ;
  5. La construction de lignes et de réseaux de télécommunication ;
  6. Les travaux de préparation des sites ;
  7. Les travaux de terrassement:creusement,comblement,nivellement de chantiers de construction,ouverture de tranchées,dérochement,destruction à l'explosif,etc. ;
  8. Le déblayage des chantiers ;
  9. Les forages d'essai et sondages ;
  10. L’installation de systèmes de télécommunication et installations informatiques ;
  11. Les travaux d'isolation ;
  12. La mise en œuvre dans des bâtiments ou d'autres projets de construction de:matériaux d'isolation thermique,matériaux d'isolation acoustique et anti vibratile ;
  13. Les travaux d'isolation de canalisations de chauffage ou de réfrigération ;
  14. Les travaux d'isolation de chambres froides ou d'entrepôts frigorifiques ;
  15. L’installation de stores et bannes ;
  16. L’installation d'antennes d'immeubles et paratonnerres ;
  17. La peinture de navires et de bateaux par des unités non spécialisées ;
  18. Le nettoyage à la vapeur,le sablage et les activités analogues appliquées aux parties extérieures des bâtiments ;
  19. L’exécution de travaux de rejointoiement ;
  20. La mise en place de fondations,y compris le battage de pieux ;
  21. L’exécution pour les tiers de travaux de levage ;
  22. Le montage et démontage d'échafaudages et de plates-formes de travail ;
  23. La fabrication et le montage de constructions métalliques et d'ossatures pour la construction ;
  24. Les travaux de plomberie,travaux de menuiserie,pose de carrelages de sols et de murs,(p.e.placements des chalets,terrasses,…) ;
  25. La maçonnerie à condition affectant stabilité/résistance,p.e.murs de beauté ;
  26. Le montage d'éléments de structures métalliques non fabriqués par l'unité qui exécute les travaux ;
  27. Le nettoyage de bâtiments nouveaux et la remise en état des lieux après travaux ;
  28. Le nettoyage courant des bâtiments ;
  29. Le nettoyage intérieur de bâtiments de tous types:bureaux,usines,ateliers,locaux d'institutions et autres locaux à usage commercial ou professionnel,immeubles à appartement,etc. ;

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BSEG CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, sièges administratifs,d'exploitation,agences et succursales en Belgique ou à l'étranger par simple décision de l'organe…” (deed in French)

deed of 15-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non, sans limitation de durée” (deed in French)

deed of 15-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Entre vifs ou pour cause de mort, pli recommandé ou autre mode article 2:32 CSA al.1” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 15-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of April at 18:00

deed of 15-12-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 15-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Indivisibilité des titres, usufruitier acquiert de plein droit ensemble dividendes mis en distribution par l'assemblée générale,pendant…” (deed in French)
Other provision: “Appels de fonds, détermine librement,au fur et à mesure des besoins et aux époques jugées utiles,versements ultérieurs sur actions…” (deed in French)
Other provision: “Registre des actions, article 5:25 CSA” (deed in French)
Other provision: “Tout actionnaire à toute personne actionnaire ou non par tout moyen transmission, représentation-vote écrit” (deed in French)
Other provision: “Organe administration séance tenante, 3semaines” (deed in French)
Other provision: “Présidence-délibérations-procès-verbaux, sauf loi quelle que soit portion capital” (deed in French)
Other provision: “Affectation bénéfice-acomptes, AG sur proposition organe administration” (deed in French)
Other provision: “Dividendes intercalaires-distributions, à tout moment sur réserves disponibles derniers comptes approuvés” (deed in French)
Liquidation distribution: “Également entre toutes actions, nombre actions” (deed in French)
Other provision: “Affaires de la société et exécution des statuts, litiges-compétence” (deed in French)
4 more provisions in the deed, see the deed of 15-12-2023

deed of 15-12-2023