Losses
-€16,491 in two years
The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.
BUILD-X
Lifetime
17 annual accounts with figures on one time axispeak €362,769 (2019)
€176,795▲ 2.8%
lowest -€93,236 (2018)
-€13,966▼ €11,441
peak €277,187 (2022)
€260,697▼ 5.1%
€128,029▼ 36.5%
peak 3.1 FTE (2022)
2.5 FTE▼ 3.8%
Board1 name since 2007
1 director
Documentsfilings and deeds
20-11-2025112 days late
2024abbreviated format
Loss of €13,966Debts from €201,663 to €128,029Cash from €12,293 to €1,708
Key points
from the 2024 annual accountsTurnover
≈ €830,000 estimated
The accounts state no turnover.
Staff
2 employees on 31-12-2024
In 2024, 1 person joined and 1 left.
Liquidity
2.99 was 2.30 in 2023
Short-term debts fell from €187,241 to €120,483.
Filings
17 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€13,966
Lower net result than 88% of companies in specialised construction. Sector median €45,684 · 7,362 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as BUILD-X has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for BUILD-X. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0889724877
Incorporation
published on 07-06-2007 · Gazette deed
First establishment
Vossenholstraat 12, Zulte
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BUILD-X Zulte | €388,726 | €176,795 | 67.1% | 2.5 |
| Jakilthi Construct Dendermonde | €421,780 | €146,881 | 78.4% | 2 |
| SYNERGIE BOIS Limbourg | €444,545 | €142,335 | 68.7% | 2.7 |
| LRC Liège | €440,501 | €185,378 | 49.4% | 3 |
| Hartis Terrazzo Oosterzele | €447,108 | €243,352 | 26.9% | 3.8 |
| KEMAQUA Mont-Saint-Guibert | €419,504 | €232,464 | 55.1% | 3 |
| SMARTWATT Genappe | €470,477 | €168,684 | 87.8% | 2 |
These companies have the same main activity as BUILD-X: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €420,000 and €470,000, founded between 2003 and 2009.
Official details
Source: KBO- Status
- Active since 30-05-2007Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 7 others
- Joint committee
- 124Construction · annual accounts 2024
- Establishment unit
- 2.174.615.8789870 Zulte, since 30-05-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on BUILD-X
BUILD-X files the abbreviated format. That format states no turnover. The gross margin rose from €4,915 in 2008 to €176,795 in 2024.
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-X
- What is the company number of BUILD-X?
- The company number of BUILD-X is 0889.724.877. The VAT number is the same number with BE in front: BE 0889.724.877.
- Where is BUILD-X based?
- The registered office is at Vossenholstraat 12, 9870 Zulte.Company details
- What does BUILD-X do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BUILD-X?
- BUILD-X is a private limited company (pre-2019) (BVBA).
- When was BUILD-X founded?
- BUILD-X was founded on 30-05-2007.
- Is BUILD-X still active?
- Yes, BUILD-X is an active enterprise in the KBO register.
- How many employees does BUILD-X have?
- BUILD-X had an average of 2.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does BUILD-X fall under?
- In its 2024 annual accounts, BUILD-X states joint committee 124 (Construction).
- What is the turnover of BUILD-X?
- The turnover in financial year 2024 is ≈ €830,000. This figure is estimated from the gross margin of €176,795 and 69 comparable companies (NACE 43990). It probably lies between €520,000 and €1.3m.
- Is BUILD-X profitable?
- In financial year 2024, BUILD-X made a loss of €13,966.
- Where can I find the annual accounts of BUILD-X?
- BUILD-X filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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