Equity
€134,407 ▲ 5.0%
BUILD VALUES paid out €60,000 in dividends. That is 90% of the 2025 profit.
BUILD VALUES
Lifetime
9 annual accounts with figures on one time axispeak €99,503 (2025)
€99,503▲ 1.5%
lowest -€12,394 (2020)
€66,429▲ 18.2%
peak €134,407 (2025)
€134,407▲ 5.0%
€129,617▲ 194%
Board1 name since 2016
1 directorLee Vlerick
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Dividend €60,000Debts from €44,143 to €129,617Cash from €44,582 to €9,721
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Debts
€129,617 ▲ 194%
Debts rose by €85,474 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
2.02 was 3.89 in 2024
Short-term debts rose from €42,721 to €129,617.
Filings
9 annual accounts 5 late
The 2020 accounts came latest: 89 days after the end of the period.
Position in the sector
€66,429
Higher net result than 86% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
89
Excellent
Financially stronger than 60% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%highest value
01-2025: 1.0%● unchanged vs 12-2024highest value
02-2025: 1.0%● unchanged vs 01-2025highest value
03-2025: 1.0%● unchanged vs 02-2025highest value
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.9 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 2.02, cash €9,721, halved
lowers risk
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 13-08-2026)
Equity €134,407 (50.9% of total assets)
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 68, micro). It does better than 65% of them on solvency, 23% on liquidity, 95% on profitability and 59% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as BUILD VALUES has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of BUILD VALUES itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for BUILD VALUES. 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.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.02 (3.89 in 2024), above the usual 1.5. Short-term debt is 49.1% and cash 3.7% of total assets. 49.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 filingsDeviation from the deadline
2025
11 days late
2024
31 days early
2023
33 days early
2022
31 days late
2021
4 days early
2020
89 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0646937144
Change of role: Lee Vlerick, from manager to director
Director discharge: Lee Vlerick (manager) · Gazette deed
Incorporation
published on 27-01-2016 · Gazette deed
First establishment
Gaversesteenweg 669, Merelbeke-Melle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BUILD VALUES Merelbeke-Melle | €264,024 | €99,503 | 50.9% | - |
| ARDNA Sint-Martens-Latem | €259,952 | €103,807 | 65.6% | - |
| Grant Properties Woluwe-Saint-Lambert | €271,873 | €94,270 | 33.1% | - |
| David Swalens Antwerp | €291,562 | €93,607 | 98.1% | - |
| KEYSTONES Kraainem | €252,623 | €113,748 | -5.6% | - |
| RIPTIDE Invest Woluwe-Saint-Pierre | €301,392 | €110,398 | 39.1% | - |
| PATRIMOINE & PROPRIETE Charleroi | €261,910 | €120,632 | -12.6% | - |
These companies have the same main activity as BUILD VALUES: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €253,000 and €301,000, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 25-01-2016Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 5 others
- Establishment unit
- 2.302.072.5919820 Merelbeke-Melle, since 25-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on BUILD VALUES
BUILD VALUES files the micro format. That format states no turnover. The gross margin rose from €19,761 in 2017 to €99,503 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BUILD VALUES
- What is the company number of BUILD VALUES?
- The company number of BUILD VALUES is 0646.937.144. The VAT number is the same number with BE in front: BE 0646.937.144.
- Where is BUILD VALUES based?
- The registered office is at Gaversesteenweg 669, 9820 Merelbeke-Melle.Company details
- What does BUILD VALUES do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of BUILD VALUES?
- BUILD VALUES is a private limited company (BV).
- When was BUILD VALUES founded?
- BUILD VALUES was founded on 25-01-2016.
- Is BUILD VALUES still active?
- Yes, BUILD VALUES is an active enterprise in the KBO register.
- What is the turnover of BUILD VALUES?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €99,503 and 32 comparable companies (NACE 683). It probably lies between €140,000 and €290,000.Financials
- Is BUILD VALUES profitable?
- In financial year 2025, BUILD VALUES made a profit of €66,429.
- Where can I find the annual accounts of BUILD VALUES?
- BUILD VALUES filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BUILD VALUES due?
- BUILD VALUES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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