BUILD GROUP
ActiveThe computed 12-month bankruptcy probability of BUILD GROUP is 1.9% (moderate). The 2024 annual accounts show equity of €79k and a net result of €6k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 36373 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+18
Solvency92▲+7
Growth46▼-4
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.06 against 2.48 in 2023; short-term debt: 32.5% and cash: 3.2% of total assets), and 32.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
67.5%
Return on assets
5.5%
Age of the figures
23 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-10-2025 was due at the National Bank by 31-05-2026. Nothing is on record, 112 days later.
NBB · 10 filingsPosition against the passed deadline
31-10-2025 close31-05-2026 deadline20-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-10-2024 was due by 31-05-2025 and was filed on 03-06-2025, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
3 d late
2023
1 d early
2022
on the day
2021
1 d early
2020
on the day
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€349k▼ 15.2%
2023 · €412k
2018: €350k
2019: €356k
2020: €380k
2021: €460k
2022: €435k
2023: €412k
2018 → 2024
EBIT margin
3.4%▼ 0.7pp
2023 · 4.1%
2018: 12.6%
2019: 3.1%
2020: 0.3%
2021: 4.2%
2022: 3.2%
2023: 4.1%
2018 → 2024
Net result
€6k▲ 18.5%
2023 · €5k
2018: €40k
2019: €7k
2020: €-6k
2021: €6k
2022: €6k
2023: €5k
2018 → 2024
Working capital
€79k▲ 9.9%
2023 · €71k
2018: €52k
2019: €59k
2020: €46k
2021: €53k
2022: €63k
2023: €71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€380k-€460k▲ 20.9%€435k▼ 5.4%€412k▼ 5.4%€349k▼ 15.2%
Equity€55k-€61k▲ 11.2%€67k▲ 10.2%€73k▲ 8.1%€79k▲ 8.9%
Operating result€1k-€19k▲ 1,482%€14k▼ 26.8%€17k▲ 20.2%€12k▼ 30.5%
Net result€-6k-€6k€6k▲ 0.6%€5k▼ 12.1%€6k▲ 18.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117k
Fixed assets
€536▼ 54.5%
Current assets
€117k▼ 2.5%
Equity and liabilities €117k
Equity
€79k▲ 8.9%
Debt
€38k▼ 20.9%
The debt ratio falls from 39.9% to 32.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2023 · €20k
Cash flow
€7k▼
2023 · €9k
Solvency
67.5%▲
2023 · 60.1%
Current ratio
3.06▲
2023 · 2.48
Quick ratio
3.06▲
2023 · 2.48
Debt / equity
0.48▼
2023 · 0.66
ROE
8.2%▲
2023 · 7.5%
ROA
5.5%▲
2023 · 4.5%
Interest coverage
5.67▲
2023 · 2.21
Debt
€38k▼
2023 · €48k
Debt ≤ 1 year
€38k▼
2023 · €48k
Income taxes
€3k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€121k€117k▼
Fixed assets21/28€1k€536▼
Tangible fixed assets22/27€878€236▼
Plant, machinery and equipment23€472€236▼
Furniture and vehicles24€406-
Financial fixed assets28€300€300=
Current assets29/58€120k€117k▼
Amounts receivable within one year40/41€115k€113k▼
Trade receivables40€96k€90k▼
Other amounts receivable41€20k€23k▲
Cash at bank and in hand54/58€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€121k€117k▼
Equity10/15€73k€79k▲
Contributions10/11€12k€12k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€4k€4k=
Profit (loss) carried forward14€54k€61k▲
Amounts payable17/49€48k€38k▼
Amounts payable within one year42/48€48k€38k▼
Trade debts44€43k€35k▼
Suppliers440/4€19k€11k▼
Bills of exchange payable441€24k€24k▼
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Income statement
Code20232024
Turnover70€412k€349k▼
Goods, raw materials, services and sundry goods60/61€390k€335k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€642▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€22k€14k▼
Operating profit (loss)9901€17k€12k▼
Financial charges65/66B€9k€2k▼
Recurring financial charges65€9k€2k▼
Profit (loss) for the period before taxes9903€8k€10k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€61k▲
Profit (loss) brought forward from the previous period14P€49k€54k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-10
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-10
Financial
Liquidity doublescurrent ratio 4.96
Current ratio from 2.39 to 4.96; short-term debt falls from €33k to €13k.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
Financial
Weakest financial yearnet €-6k ▼184%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Adolphe Vandenschrieckstraat 1091090 JetteGround area
460 m²
Building footprint
294 m²
Volume, LiDAR
3,074 m³
2 parcels, Brussels · tallest building 19.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Build Group
since 20122.206.913.217
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0209/00Z004 | Brussels | 353 m² | 1 · 222 m² | 19.0 m · 4 fl. |
| 21463D0211/00S006 | Brussels | 106 m² | 1 · 72 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BOM-BE
BE 0822.791.810
Herent · Eq €79k
de Béthune
BE 0793.432.581
Roosdaal · Eq €79k
B&N Concept
BE 0735.795.775
Elsene · Eq €79k
BATIDUO CONSTRUCTION
BE 0891.025.172
Anderlecht · Eq €79k
J.T.C.-CONSTRUCT
BE 0876.880.097
Gent · Eq €79k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 6,238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2012
Fiscal year end31-10
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.