Summary
Buildco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €87,041 and a net result of -€1.6m. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 5565 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
17 d early
2024
34 d early
2023
91 d early
2022
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€87,041▼ 95.0%
2024 · €1.7m
Net result
-€1.6m
2024 · €414,104
Total assets
€5.9m▲ 9.0%
2024 · €5.4m
Solvency
1.5%▼ 30.4pp
2024 · 31.9%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€204,957-€197,447▼ 3.7%€257,960▲ 30.6%-€1.7m
Net result-€3,060below the sector's middle half-€240,230above the sector's middle half€414,104above the sector's middle half▲ 72.4%-€1.6mbelow the sector's middle half
Equity€1.1mwithin the sector's middle half-€1.3mwithin the sector's middle half▲ 22.4%€1.7mwithin the sector's middle half▲ 31.6%€87,041below the sector's middle half▼ 95.0%
Total assets€5.3mabove the sector's middle half-€5.3mabove the sector's middle half▼ 0.1%€5.4mabove the sector's middle half▲ 2.0%€5.9mabove the sector's middle half▲ 9.0%
Debt€4.2m-€4.0m▼ 5.8%€3.7m▼ 7.6%€5.8m▲ 57.6%
Working capital-€267,487--€290,734▼ 8.7%-€211,553▲ 27.2%-€5.2m▼ 2,349%
Solvency20.2%below the sector's middle half-24.7%within the sector's middle half▲ 4.5pp31.9%within the sector's middle half▲ 7.1pp1.5%below the sector's middle half▼ 30.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +72% on 2023. This fiscal year ran 15 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.7m after €257,960 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.9m
Fixed assets
€5.3m =
Current assets
€606,315 ▲ 410%
Equity and liabilities €5.9m
Equity
€87,041 ▼ 95.0%
Debt
€5.8m ▲ 57.6%
Debt's share of the balance-sheet total rises from 68.1% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
ROA
-27.8%▼
2024 · 7.6%
Debt ≤ 1 year
€5.8m▲
2024 · €330,408
Debt > 1 year
€0▼
2024 · €3.4m
Income taxes
€0▼
2024 · €20,369
A ratio outside any meaningful range has been withheld (balance sheet total €5.9m, equity €87,041).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,563 | €0 | - | - | - |
| Other operating charges640/8 | €1,021 | €469 | €2,750 | €1,856 | ▼ 32.5% |
| Gross operating margin9900 | €208,541 | €197,916 | €260,710 | -€1.7m | ▼ 758% |
| Operating profit (loss)9901 | €204,957 | €197,447 | €257,960 | -€1.7m | ▼ 765% |
| Financial income75/76B | €0 | €200,000 | €353,000 | €282,497 | ▼ 20.0% |
| Recurring financial income75 | €0 | €200,000 | €353,000 | €282,497 | ▼ 20.0% |
| Financial charges65/66B | €208,018 | €144,814 | €176,487 | €205,021 | ▲ 16.2% |
| Recurring financial charges65 | €208,018 | €144,814 | €176,487 | €205,021 | ▲ 16.2% |
| Profit (loss) for the period before taxes9903 | -€3,060 | €252,633 | €434,474 | -€1.6m | ▼ 477% |
| Income taxes67/77 | - | €12,403 | €20,369 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€3,060 | €240,230 | €414,104 | -€1.6m | ▼ 496% |
| Profit (loss) for the period to be appropriated9905 | -€3,060 | €240,230 | €414,104 | -€1.6m | ▼ 496% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.3m | €5.3m | €5.4m | €5.9m | ▲ 9.0% |
| Fixed assets21/28 | €5.3m | €5.3m | €5.3m | €5.3m | = |
| Financial fixed assets28 | €5.3m | €5.3m | €5.3m | €5.3m | = |
| Current assets29/58 | €15,690 | €10,006 | €118,856 | €606,315 | ▲ 410% |
| Amounts receivable within one year40/41 | - | €2,000 | €30,901 | €562,375 | ▲ 1,720% |
| Trade receivables40 | - | - | €28,901 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €2,000 | €2,000 | €562,375 | ▲ 28,019% |
| Current investments50/53 | - | - | €87,500 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €15,059 | €7,373 | €0 | €43,487 | - |
| Deferred charges and accrued income490/1 | €631 | €632 | €454 | €454 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.3m | €5.3m | €5.4m | €5.9m | ▲ 9.0% |
| Equity10/15 | €1.1m | €1.3m | €1.7m | €87,041 | ▼ 95.0% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | - | - | €651,274 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | €87,500 | €0 | ▼ 100% |
| Own shares acquired1312 | - | - | €87,500 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €563,774 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€3,060 | €237,170 | €0 | -€987,959 | - |
| Amounts payable17/49 | €4.2m | €4.0m | €3.7m | €5.8m | ▲ 57.6% |
| Amounts payable after more than one year17 | €4.0m | €3.7m | €3.4m | €0 | ▼ 100% |
| Financial debts170/4 | €4.0m | €3.7m | €3.4m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €283,177 | €300,740 | €330,408 | €5.8m | ▲ 1,651% |
| Current portion of amounts payable after more than one year42 | €260,975 | €264,494 | €268,959 | €0 | ▼ 100% |
| Financial debts43 | - | - | €5,997 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €5,997 | €0 | ▼ 100% |
| Trade debts44 | €6,882 | €7,618 | €8,815 | €1.8m | ▲ 20,158% |
| Suppliers440/4 | €6,882 | €7,618 | €8,815 | €1.8m | ▲ 20,158% |
| Taxes, remuneration and social security45 | €9,464 | €22,771 | €31,329 | €0 | ▼ 100% |
| Taxes450/3 | €9,464 | €22,771 | €31,329 | €0 | ▼ 100% |
| Other amounts payable47/48 | €5,856 | €5,856 | €15,308 | €4.0m | ▲ 26,036% |
| Accrued charges and deferred income492/3 | €355 | €1,373 | €2,088 | €32,587 | ▲ 1,461% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,060 | €240,230 | €414,104 | -€1.6m | ▼ 496% |
| + Depreciation and write-downs630 | €2,563 | €0 | - | - | - |
| Operating cash flow (approximation) | -€497 | €240,230 | €414,104 | -€1.6m | ▼ 496% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€7,685 | -€7,373 | €43,487 | ▲ 690% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
State Gazette act
Merger · Other statement
Corporate purpose · Director in office
20-08
State Gazette act
Merger · Other statement
Shareholding · Corporate purpose
20-08
State Gazette act
Merger · Other statement
Capital · Corporate purpose
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2022net €414,104 ▲72.4%
Operating result €257,960, net result €414,104, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €240,230
Net result €240,230 after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Halen · 1 establishment unit since 2021
Ground area
2,286 m²
Building footprint
480 m²
Volume, LiDAR
1,548 m³
Parcel 71020B0268/00Z000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Buildco
since 20212.320.336.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020B0268/00Z000 | Flanders | 2,286 m² | 1 · 480 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holding · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
KPD SERVICES 100%2 subsidiaries
- CAFCA SOFTWARE 100%
- PUBLICAN BE 100%
According to the 2025 annual accounts of Buildco and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 11,984 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Contact
E-mail
wim.vernaeve@greenparkinvest.com
Phone
0488286207
E-invoicing
Reachable via Peppol
Peppol ID
0208:0771923525
Also
9925:BE0771923525
Registered
14-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.