BTM Construction

Active

Private limited companyfounded 2016active for 10 yearsMerinosstraat 41, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0650.910.085

Summary

The computed 12-month bankruptcy probability of BTM Construction is 2.3% (moderate). The 2025 annual accounts show negative equity (-€3,900) and a net result of €23,605. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 22,536 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

BTM ConstructionActiveChecked score 53/100

Risk analysis Report Compare

Activity

Retail trade

NACE 47525General construction of residential buildings NACE 41001

1 site

Size

€54,246total assets 2025

Equity: -€3,900
Profit: €23,605

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.3%

Structure

2025 accounts filed 62 days late1 of 8 deeds summarised

Why 53raises riskLast filed accounts filed 62 days late; 3 of the last 3 lateNegative equity -€3,900lowers riskSize: total assets €54,246Founded in 2016Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 54% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 18+18

equity -7.2% of total assets

Liquidity 14-29

short-term debt 107.2% · cash 11.2%

Profitability 100+100

return on assets 43.5%

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,231 companies, NACE 47, micro)

Last 24 months 11-2024: 6.4% 12-2024: 7.7%▲ +1.3 percentage points vs 11-2024 01-2025: 9.4%▲ +1.7 percentage points vs 12-2024 02-2025: 9.4%● unchanged vs 01-2025 03-2025: 9.6%▲ +0.2 percentage points vs 02-2025 04-2025: 8.9%▼ -0.7 percentage points vs 03-2025 05-2025: 8.9%● unchanged vs 04-2025 06-2025: 8.8%▼ -0.1 percentage points vs 05-2025 07-2025: 8.8%● unchanged vs 06-2025 08-2025: 10.6%▲ +1.8 percentage points vs 07-2025highest value 09-2025: 10.6%● unchanged vs 08-2025highest value 10-2025: 3.5%▼ -7.1 percentage points vs 09-2025 11-2025: 3.5%● unchanged vs 10-2025 12-2025: 3.5%● unchanged vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.4%▼ -0.1 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.3%▼ -0.1 percentage points vs 04-2026 06-2026: 3.2%▼ -0.1 percentage points vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 3.9%▲ +0.7 percentage points vs 07-2026 09-2026: 4.0%▲ +0.1 percentage points vs 08-2026 10-2026: 2.3%▼ -1.7 percentage points vs 09-2026lowest value

No credit on open account

Liquidity insufficient (current ratio 0.88, compared with 0.44 in 2024, below 1; short-term debt: 107.2% and cash: 11.2% of total assets), and equity is negative.

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 47, micro): better than 17% on solvency, 14% on liquidity, 96% on profitability and 92% on growth.

The bankruptcy probability was computed on 24-10-2026 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 riskraises risk

Last filed accounts filed 62 days late; 3 of the last 3 late

NBB · filings

Negative equity -€3,900

NBB · annual accounts

Size: total assets €54,246

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2016

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 22536 sector peers (2025).

NBB · sector comparison

Position among 22536 sector peers

Solvency

better than 19%

← weakest strongest →

2025 accounts filed 62 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-10-2026, 62 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 · 8 filings

Deviation from the deadline

2025

62 days late

2024

60 days late

2022

148 days late

2021

113 days late

2020

104 days late

2019

56 days late

2018

61 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 86 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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 12 November (5 of the last 5 filed years within 44 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-10-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €23,605
29-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€3,900 View
Positive: Equity rose in 2025from -€58,176 to -€3,900 ▲ 93.3% View
Caution: Among the weakest 20% on solvencysector median 33.3% · 22,536 companies -7.2% View
Caution: Latest accounts filed lateafter the legal deadline 62 days View

By topic

Financials

Financial year: 2025
Total assets: €54,246
Profit: €23,605
Solvency: -7.2%

Turnover▼ 21.3%

Net result

20202022

Go to Financials

Timeline

Events: 12
Since: 2018
Next accounts: by 31-07-2027

31-12-2024Weakest financial year
01-02-2024Amendment of the articles · Legal-form change…
26-12-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail tradeNACE 47525
Founded: 31-03-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Who signs: Each director alone

Go to Articles of association

Key facts about BTM Construction

What is the company number of BTM Construction?: 0650.910.085. In Belgium the VAT number is the company number with BE in front: BE 0650.910.085.
Where is BTM Construction based?: The registered office is at Merinosstraat 41, 1210 Sint-Joost-ten-Node.Company details
What does BTM Construction do?: According to the KBO register, the main activity is retail trade (NACE 47525).
What is the legal form of BTM Construction?: Private limited company (BV).
When was BTM Construction founded?: On 31-03-2016.
Is BTM Construction still active?: Yes, BTM Construction is an active enterprise in the KBO register.
What is the turnover of BTM Construction?: €122,599 in financial year 2022, according to the filed annual accounts.Financials
Is BTM Construction profitable?: In financial year 2025, BTM Construction made a profit of €23,605.
Where can I find the annual accounts of BTM Construction?: BTM Construction filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BTM Construction due?: By 31-07-2027, for financial year 2026.Timeline