BUILD ENGINEERING SOLUTIONS
ActiveSummary
BUILD ENGINEERING SOLUTIONS has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110,696 and a net result of -€29,472. Equity has been shrinking by about 8.6% per year since 2018. Its solvency ranks better than 95% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-03-2000 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Establishment unit
- 2.098.251.936 1030 Schaarbeek, since 11-07-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- -€8,737
- Loss
- €29,472
- Equity
- €110,696
- ▼ 21.0%
- Total assets
- €118,213
- ▼ 19.8%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 3 of the last 3 accounts lateLoss of €29,472 (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €110,696 (93.6% of total assets)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 87% of them on solvency, 42% on liquidity, 4% on profitability and 20% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 76 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00463189.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 24 filings
Every figure per financial year
The operating result for 2025 is a loss of €29,142, after a profit of €11,492 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,069 | €316 | €12,401 | €14,480 | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €18,531 | €18,173 | €17,972 | €19,017 | €19,840 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,265 | €20,158 | €23,182 | €18,531 | €18,173 | €17,972 | €19,017 | €19,840 | ▲ 4.3% |
| Other operating charges640/8 | - | - | - | €778 | €1,568 | €1,284 | €189 | €565 | ▲ 199% |
| Gross operating margin9900 | €262,490 | €69,538 | €14,778 | -€21,536 | -€12,021 | €11,509 | €30,698 | -€8,737 | - |
| Operating profit (loss)9901 | €241,637 | €48,812 | -€11,596 | -€40,845 | -€31,763 | -€7,747 | €11,492 | -€29,142 | - |
| Financial income75/76B | - | - | - | €414 | €309 | €211 | €0 | €1 | ▲ 388% |
| Recurring financial income75 | €274 | €4,289 | €502 | €414 | €309 | €211 | €0 | €1 | ▲ 388% |
| Financial charges65/66B | - | - | - | €1,387 | -€8 | €578 | €40 | €0 | ▼ 100% |
| Recurring financial charges65 | €22,522 | €3 | - | €1,387 | -€8 | €578 | €40 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €219,389 | €53,098 | -€11,094 | -€41,818 | -€31,445 | -€8,114 | €11,452 | -€29,141 | - |
| Income taxes67/77 | €87,539 | €19,929 | €302 | €329 | €147 | €351 | €344 | €332 | ▼ 3.6% |
| Profit (loss) for the period9904 | €131,850 | €33,169 | -€11,396 | -€42,147 | -€31,592 | -€8,465 | €11,108 | -€29,472 | - |
| Profit (loss) for the period to be appropriated9905 | €131,850 | €33,169 | -€11,396 | -€42,147 | -€31,592 | -€8,465 | €11,108 | -€29,472 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €285,498 | €282,217 | €220,605 | €181,548 | €146,759 | €138,939 | €147,315 | €118,213 | ▼ 19.8% |
| Fixed assets21/28 | €206,727 | €184,586 | €173,622 | €156,160 | €138,303 | €132,732 | €128,195 | €108,356 | ▼ 15.5% |
| Intangible fixed assets21 | - | €1,012 | €759 | €506 | €253 | €0 | - | - | - |
| Tangible fixed assets22/27 | €202,892 | €179,739 | €169,028 | €151,819 | €134,214 | €128,896 | €124,360 | €104,521 | ▼ 16.0% |
| Land and buildings22 | - | - | - | €137,734 | €125,204 | €112,680 | €111,221 | €97,551 | ▼ 12.3% |
| Plant, machinery and equipment23 | - | - | - | €6,440 | €4,999 | €0 | €712 | €552 | ▼ 22.5% |
| Furniture and vehicles24 | - | - | - | €7,645 | €4,011 | €12,416 | €9,578 | €4,517 | ▼ 52.8% |
| Other tangible fixed assets26 | - | - | - | - | - | €3,800 | €2,850 | €1,900 | ▼ 33.3% |
| Financial fixed assets28 | €3,835 | €3,835 | €3,835 | €3,835 | €3,835 | €3,835 | €3,835 | €3,835 | = |
| Current assets29/58 | €78,771 | €97,631 | €46,983 | €25,388 | €8,456 | €6,208 | €19,120 | €9,858 | ▼ 48.4% |
| Amounts receivable within one year40/41 | €35,826 | €6,502 | €7,261 | €9,696 | €2,693 | €5,760 | €4,565 | €3,610 | ▼ 20.9% |
| Trade receivables40 | - | - | - | €1,131 | €0 | - | €351 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €8,565 | €2,693 | €5,760 | €4,215 | €3,610 | ▼ 14.3% |
| Current investments50/53 | €26,328 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16,314 | €90,992 | €39,722 | €14,897 | €5,486 | €447 | €14,554 | €6,248 | ▼ 57.1% |
| Deferred charges and accrued income490/1 | - | - | - | €795 | €277 | €0 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €285,498 | €282,217 | €220,605 | €181,548 | €146,759 | €138,939 | €147,315 | €118,213 | ▼ 19.8% |
| Equity10/15 | €195,492 | €222,661 | €211,265 | €169,117 | €137,525 | €129,061 | €140,169 | €110,696 | ▼ 21.0% |
| Contributions10/11 | €11,200 | €11,200 | - | €11,200 | €11,200 | €11,200 | €11,200 | €11,200 | = |
| Reserves13 | €133,603 | €160,772 | €160,772 | €160,772 | €160,772 | €160,772 | €160,772 | €160,772 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Other1319 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €4,393 | €4,393 | €4,393 | €4,393 | €4,393 | = |
| Distributable reserves133 | - | - | - | €154,519 | €154,519 | €154,519 | €154,519 | €154,519 | = |
| Profit (loss) carried forward14 | €50,689 | €50,689 | €39,293 | -€2,855 | -€34,447 | -€42,911 | -€31,803 | -€61,275 | ▼ 92.7% |
| Amounts payable17/49 | €90,006 | €59,556 | €9,340 | €12,431 | €9,233 | €9,879 | €7,146 | €7,517 | ▲ 5.2% |
| Amounts payable within one year42/48 | €90,006 | €59,556 | €9,340 | €12,431 | €9,233 | €9,879 | €7,146 | €7,517 | ▲ 5.2% |
| Trade debts44 | €1,474 | €931 | €3,248 | €6,174 | €1,521 | €3,528 | €317 | €549 | ▲ 73.5% |
| Suppliers440/4 | - | - | - | €6,174 | €1,521 | €3,528 | €317 | €549 | ▲ 73.5% |
| Taxes, remuneration and social security45 | - | - | - | €257 | €1,713 | €351 | €830 | €968 | ▲ 16.6% |
| Taxes450/3 | - | - | - | €257 | €1,713 | €351 | €830 | €968 | ▲ 16.6% |
| Other amounts payable47/48 | - | - | - | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €131,850 | €33,169 | -€11,396 | -€42,147 | -€31,592 | -€8,465 | €11,108 | -€29,472 | - |
| + Depreciation and write-downs630 | €20,265 | €20,158 | €23,182 | €18,531 | €18,173 | €17,972 | €19,017 | €19,840 | ▲ 4.3% |
| Operating cash flow (approximation) | €152,115 | €53,327 | €11,786 | -€23,616 | -€13,419 | €9,507 | €30,125 | -€9,633 | - |
| Investment in fixed assets (approximation) | - | €1,983 | -€12,218 | -€1,069 | -€316 | -€12,401 | -€14,480 | €0 | - |
| Change in cash | - | €74,678 | -€51,270 | -€24,825 | -€9,411 | -€5,038 | €14,107 | -€8,307 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,831 companies had the same profile as BUILD ENGINEERING SOLUTIONS has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BUILD ENGINEERING SOLUTIONS itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 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 5,831 companies, not a prediction for BUILD ENGINEERING SOLUTIONS. 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.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00463189 | |
| 31-12-2024 | micro format | 07-10-2025 | 2025-00533249 | |
| 31-12-2023 | micro format | 02-10-2024 | 2024-00488075 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00499734 | |
| 31-12-2021 | micro format | 22-11-2022 | 2022-20526592 | |
| 31-12-2020 | micro format | 13-12-2021 | 2021-80100114 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-46600190 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-50400476 | |
| 31-12-2017 | micro format | 21-08-2018 | 2018-48400191 | |
| 31-12-2016 | micro format | 24-08-2017 | 2017-47600370 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 28-12-2023 Converted to unavailable equity
- 28-12-2023 Converted to available equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GODART Geoffroy Romain |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreur(s) proportionnellement au nombre d'actions acquises, tous cas de cessions entre vifs à titre onéreux ou…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Assemblée générale peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, dissolution pour quelque cause et à…”
Articles of association, deed of 28-12-2023 (in French)
Network & group
BUILD ENGINEERING SOLUTIONS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of BUILD ENGINEERING SOLUTIONS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-12
Gazette deed
Company renamed from BUILD ENGINEERING SERVICES to BUILD ENGINEERING SOLUTIONSRegistered office moved within Schaerbeek · Change of role: GODART Geoffroy Romain, from manager to sole director · Permanent representative: GODART Geoffroy Romain19 points ▸
- Director resignation, GODART Geoffroy Romain (manager)
- Director appointment, GODART Geoffroy Romain (sole director)
- Permanent representative, GODART Geoffroy Romain
- Declaration, 11-12-2023
- Declaration, “absence d'interdiction de gérer, ne pas avoir fait l'objet d'une interdiction de gérer” (deed in French)
- Power of attorney
- Other provision, “votes, toutes les résolutions adoptées à l'unanimité des voix” (deed in French)
- General meeting, 11-12-2023
- Other provision, “adaptation des statuts aux dispositions du Code des sociétés et des associations, adapter” (deed in French)
- Legal form clause, “société à responsabilité limitée, SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible,compte de capitaux propres “apports non appelés”” (deed in French)
- Capital conversion, “compte de capitaux propres disponibles” (deed in French)
- The act holds 7 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
BUILD ENGINEERING SOLUTIONS was incorporated on 2 March 2000.1 The name was changed to BUILD ENGINEERING SOLUTIONS in 2023.2 The registered office was moved to Schaerbeek in 2023.2 GODART Geoffroy Romain is sole director of the company, appointed in the act of 28-12-2023.2 Total assets fell from €285,498 in 2018 to €118,213 in 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
8 activities
- Toutes opérations de consultance,d'études,de conseil et d'ingénierie en matière de construction au sens large en ce compris les techniques spéciales de résistance des matériaux et les techniques intégrées.
- Tous services et opérations d'accélération des marchés commerciaux par l'utilisation de tous moyens médiatiques.
- Elle dispose,d’une manière générale,d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet.
- La société peut faire tout placement mobiliers et immobiliers pour son propre compte.
- Elle peut prendre toutes participations financières ou à titre d’actionnaire dans d’autres sociétés,acheter et vendre tous immeubles,les diviser,transformer,rénover et les donner en location.
- Elle peut s'intéresser par voie d'association,participation,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
- Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
- La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées,au sens le plus large.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21015A0168/00Y003 | Brussels | 159 m² | 1 · 79 m² | 14.6 m · 3 |
| 21015A0168/00Z003 | Brussels | 43 m² | 1 · 28 m² | 12.0 m · 4 |