BUILD-UP
ActiveThe computed 12-month bankruptcy probability of BUILD-UP is 2.4% (moderate). The 2025 annual accounts show equity of €4k and a net result of €2k. Equity is growing by ~48.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 7431 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-25
Solvency27▼-2
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.02 against 1.02 in 2024; short-term debt: 31% and cash: 3.9% of total assets), and 98.3% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
1.7%
Return on assets
0.8%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-12-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
61 d late
2024
75 d late
2023
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▲ 81.3%
2024 · €2k
2023: €2k
2024: €2k
2023 → 2025
Total assets
€213k▲ 291%
2024 · €55k
2023: €17k
2024: €55k
2023 → 2025
Net result
€2k▲ 442%
2024 · €298
2023: €-311
2024: €298
2023 → 2025
Working capital
€1k▲ 43.9%
2024 · €851
2023: €6k
2024: €851
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2k-€2k▲ 17.6%€4k▲ 81.3%
Operating result€-308-€476€5k▲ 886%
Net result€-311-€298€2k▲ 442%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 886% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213k
Fixed assets
€146k▲ 12,736%
Current assets
€67k▲ 26.0%
Equity and liabilities €213k
Equity
€4k▲ 81.3%
Debt
€210k▲ 298%
The debt ratio rises from 96.4% to 98.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €1k
Cash flow
€3k▲
2024 · €1k
Solvency
1.7%▼
2024 · 3.6%
Current ratio
1.02▲
2024 · 1.02
Quick ratio
1.02▲
2024 · 1.02
Debt / equity
58.17▲
2024 · 26.47
ROE
44.8%▲
2024 · 15.0%
ROA
0.8%▲
2024 · 0.5%
Interest coverage
2.96▼
2024 · 7.92
Debt
€210k▲
2024 · €53k
Debt ≤ 1 year
€66k▲
2024 · €53k
Debt > 1 year
€63k
Income taxes
€956
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€213k▲
Fixed assets21/28€1k€146k▲
Tangible fixed assets22/27€1k€146k▲
Land and buildings22-€146k
Furniture and vehicles24€1k€203▼
Current assets29/58€53k€67k▲
Amounts receivable within one year40/41€51k€59k▲
Trade receivables40€51k€42k▼
Other amounts receivable41-€17k
Cash at bank and in hand54/58€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€55k€213k▲
Equity10/15€2k€4k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-13€2k▲
Amounts payable17/49€53k€210k▲
Amounts payable after more than one year17-€63k
Financial debts170/4-€63k
Amounts payable within one year42/48€53k€66k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€53k€56k▲
Suppliers440/4€53k€56k▲
Taxes, remuneration and social security45-€956
Remuneration and social security454/9-€956
Accrued charges and deferred income492/3-€81k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€933€2k▲
Other operating charges640/8€520€387▼
Gross operating margin9900€2k€7k▲
Operating profit (loss)9901€476€5k▲
Financial charges65/66B€178€2k▲
Recurring financial charges65€178€2k▲
Profit (loss) for the period before taxes9903€298€3k▲
Income taxes67/77-€956
Profit (loss) for the period9904€298€2k▲
Profit (loss) for the period to be appropriated9905€298€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13€2k▲
Profit (loss) brought forward from the previous period14P€-311€-13▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
31-03
Financial
Highest result since 2023net €2k ▲442%
Operating result €5k, net result €2k, both a record.
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
2024
31-03
Financial
Back to profitnet €298
Net result €298 after one loss-making year.
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 2022
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.
Limburgstraat 58400 OostendeGround area
146 m²
Building footprint
146 m²
Volume, LiDAR
1,768 m³
Parcel 35384A0089/00R031, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BUILD-UP
since 20222.331.487.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0089/00R031 | Flanders | 146 m² | 1 · 146 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Solka Construct
BE 0788.958.408
Wemmel · Eq €4k
Group TAST
BE 0772.395.459
Sint-Truiden · Eq €4k
SOBO Projects
BE 0764.944.473
Kluisbergen · Eq €4k
RBW-Construct
BE 0473.760.272
Olen · Eq €4k
Boon Bouwbedrijf
BE 0784.549.262
Lede · Eq €4k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 5,227 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2022
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.