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BUILDCOM

Active
Private limited companyfounded 2014active for 12 yearsL.Hoelenstraat 6, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0558.864.807
Summary

The computed 12-month bankruptcy probability of BUILDCOM is 3.0% (moderate). The 2024 annual accounts show negative equity (-€40,710) and a net result of €69,306. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 10% of 11,120 sector peers (NACE 68, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, abbreviated format

2025 annual accounts filed late (76 days) Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559452.

Equity
-€40,710▲ 63.0%
2023 · -€110,016
Total assets
€412,140▼ 80.9%
2023 · €2.2m
Net result
€69,306
2023 · -€21,896
Working capital
€303,960▲ 29.5%
2023 · €234,654
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result returns to profit in 2024: €74,513 after a loss of €9,185 in 2023, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.07m 2024 Net result€0.07m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€0.004m-€0.001m-€0.009m-€0.005m▲ 46.2%-€0.006m▼ 26.5%-€0.009m▼ 52.0%€0.07m
Net result-€0.008m--€0.003m▲ 66.6%-€0.01mbelow the sector's middle half▼ 367%-€0.005mwithin the sector's middle half▲ 59.3%-€0.01mbelow the sector's middle half▼ 156%-€0.02mbelow the sector's middle half▼ 66.4%€0.07mwithin the sector's middle half
Equity-€0.05m--€0.06m▼ 4.9%-€0.07mbelow the sector's middle half▼ 22.0%-€0.07mbelow the sector's middle half▼ 7.4%-€0.09mbelow the sector's middle half▼ 17.5%-€0.1mbelow the sector's middle half▼ 24.8%-€0.04mbelow the sector's middle half▲ 63.0%
Total assets€0.3m-€0.3m▼ 2.0%€0.3mwithin the sector's middle half▼ 2.0%€0.3mbelow the sector's middle half▼ 1.9%€1.0mwithin the sector's middle half▲ 261%€2.2mwithin the sector's middle half▲ 117%€0.4mbelow the sector's middle half▼ 80.9%
Debt€0.3m-€0.3m▼ 0.9%€0.4m▲ 2.0%€0.4m▼ 0.1%€1.1m▲ 209%€2.3m▲ 109%€0.5m▼ 80.0%
Working capital-€0.05m--€0.05m▼ 5.2%€0.3mabove the sector's middle half€0.3mwithin the sector's middle half▼ 2.6%€0.3mwithin the sector's middle half▼ 4.5%€0.2mwithin the sector's middle half▼ 8.5%€0.3mwithin the sector's middle half▲ 29.5%
Solvency-18.7%--20.0%▼ 1.3pp-24.9%below the sector's middle half▼ 4.9pp-27.2%below the sector's middle half▼ 2.3pp-8.9%below the sector's middle half▲ 18.4pp-5.1%below the sector's middle half▲ 3.8pp-9.9%below the sector's middle half▼ 4.8pp
Current ratio0.85-0.84▼ 0.0158.80above the sector's middle half▲ 57.9657.64above the sector's middle half▼ 1.161.35within the sector's middle half▼ 56.291.12within the sector's middle half▼ 0.233.86above the sector's middle half▲ 2.74
Return on assets (ROA)-2.8%--0.9%▲ 1.8pp-4.5%below the sector's middle half▼ 3.5pp-1.9%below the sector's middle half▲ 2.6pp-1.3%below the sector's middle half▲ 0.5pp-1.0%within the sector's middle half▲ 0.3pp16.8%above the sector's middle half▲ 17.8pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €412,140
Fixed assets €1,825 =
Current assets €410,315 ▼ 81.0%
Equity and liabilities
Equity-€40,710
Debt€452,849
Equity is negative: debt (€452,849) exceeds the balance-sheet total (€412,140).
Key figures and ratios
2024 value · change against 2023
Quick ratio
3.48▲
2023 · 0.45
Debt ≤ 1 year
€106,354▼
2023 · €1.9m
Debt > 1 year
€346,495=
2023 · €346,495
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
91.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.2m€0.4m▼
Fixed assets21/28€0.002m€0.002m=
Financial fixed assets28€0.002m€0.002m=
Current assets29/58€2.2m€0.4m▼
Stocks and contracts in progress3€1.3m€0.04m▼
Contracts in progress37€1.3m€0.04m▼
Amounts receivable within one year40/41€0.7m€0.4m▼
Trade receivables40€0.5m€0.05m▼
Other amounts receivable41€0.2m€0.3m▲
Cash at bank and in hand54/58€0.1m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€2.2m€0.4m▼
Equity10/15-€0.1m-€0.04m▲
Contributions10/11€0.006m€0.006m=
Profit (loss) carried forward14-€0.1m-€0.05m▲
Amounts payable17/49€2.3m€0.5m▼
Amounts payable after more than one year17€0.3m€0.3m=
Other amounts payable178/9€0.3m€0.3m=
Amounts payable within one year42/48€1.9m€0.1m▼
Trade debts44€0.3m€0.06m▼
Suppliers440/4€0.3m€0.06m▼
Advances received on contracts in progress46€1.6m€0▼
Other amounts payable47/48€0.04m€0.04m▲
Income statement Code20232024
Other operating charges640/8€287€0.002m▲
Gross operating margin9900-€0.009m€0.08m▲
Operating profit (loss)9901-€0.009m€0.07m▲
Financial charges65/66B€0.01m€0.005m▼
Recurring financial charges65€0.01m€0.005m▼
Profit (loss) for the period before taxes9903-€0.02m€0.07m▲
Profit (loss) for the period9904-€0.02m€0.07m▲
Profit (loss) for the period to be appropriated9905-€0.02m€0.07m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.05m▲
Profit (loss) brought forward from the previous period14P-€0.09m-€0.1m▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Other operating charges640/8---€62€62€287€1,755▲ 511%
Gross operating margin9900-€4,359€1,039-€8,820-€4,715-€5,982-€8,898€76,268-
Operating profit (loss)9901-€4,421€977-€8,882-€4,777-€6,044-€9,185€74,513-
Financial income75/76B----€2---
Recurring financial income75--€0-€2---
Financial charges65/66B---€358€7,112€12,710€5,207▼ 59.0%
Recurring financial charges65€3,646€3,675€3,721€358€7,112€12,710€5,207▼ 59.0%
Profit (loss) for the period before taxes9903-€8,067-€2,698-€12,603-€5,135-€13,155-€21,896€69,306-
Profit (loss) for the period9904-€8,067-€2,698-€12,603-€5,135-€13,155-€21,896€69,306-
Profit (loss) for the period to be appropriated9905-€8,067-€2,698-€12,603-€5,135-€13,155-€21,896€69,306-
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.3m€0.3m€0.3m€0.3m€1.0m€2.2m€0.4m▼ 80.9%
Fixed assets21/28---€0.002m€0.002m€0.002m€0.002m=
Financial fixed assets28---€0.002m€0.002m€0.002m€0.002m=
Current assets29/58€0.3m€0.3m€0.3m€0.3m€1.0m€2.2m€0.4m▼ 81.0%
Stocks and contracts in progress3---€0.02m€0.4m€1.3m€0.04m▼ 96.9%
Contracts in progress37---€0.02m€0.4m€1.3m€0.04m▼ 96.9%
Amounts receivable within one year40/41€0.3m€0.3m€0.3m€0.3m€0.4m€0.7m€0.4m▼ 51.8%
Trade receivables40----€0.2m€0.5m€0.05m▼ 88.8%
Other amounts receivable41---€0.3m€0.2m€0.2m€0.3m▲ 19.8%
Cash at bank and in hand54/58€0.001m€38€248€0.002m€0.1m€0.1m€0.02m▼ 85.1%
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.3m€0.3m€0.3m€1.0m€2.2m€0.4m▼ 80.9%
Equity10/15-€0.05m-€0.06m-€0.07m-€0.07m-€0.09m-€0.1m-€0.04m▲ 63.0%
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m=
Profit (loss) carried forward14-€0.06m-€0.06m-€0.08m-€0.08m-€0.09m-€0.1m-€0.05m▲ 59.6%
Amounts payable17/49€0.3m€0.3m€0.4m€0.4m€1.1m€2.3m€0.5m▼ 80.0%
Amounts payable after more than one year17--€0.3m€0.3m€0.3m€0.3m€0.3m=
Other amounts payable178/9---€0.3m€0.3m€0.3m€0.3m=
Amounts payable within one year42/48€0.3m€0.3m€0.005m€0.005m€0.7m€1.9m€0.1m▼ 94.5%
Financial debts43----€0.09m---
Credit institutions430/8----€0.09m---
Trade debts44€0.008m€0.001m€0.002m€0.002m€0.1m€0.3m€0.06m▼ 80.1%
Suppliers440/4---€0.002m€0.1m€0.3m€0.06m▼ 80.1%
Advances received on contracts in progress46----€0.5m€1.6m€0▼ 100%
Other amounts payable47/48---€0.003m€0.03m€0.04m€0.04m▲ 22.8%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€8,067-€2,698-€12,603-€5,135-€13,155-€21,896€69,306-
Operating cash flow (approximation)-€8,067-€2,698-€12,603-€5,135-€13,155-€21,896€69,306-
Investment in fixed assets (approximation)----€0€0€0-
Change in cash--€499€211€2,245€143,453-€16,064-€110,538▼ 588%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2024 abbreviated format 31-10-2025 2025-00556872
31-12-2023 abbreviated format 30-08-2024 2024-00406140
31-12-2022 abbreviated format 14-10-2023 2023-00485673
31-12-2021 abbreviated format 17-10-2022 2022-20462848
31-12-2020 micro format 30-09-2021 2021-69700352
31-12-2019 abbreviated format 23-06-2020 2020-20800439
31-12-2018 abbreviated format 30-09-2019 2019-67000021
31-12-2017 abbreviated format 27-08-2018 2018-53600121
31-12-2016 micro format 25-07-2017 2017-35200272
31-12-2015 abbreviated format 22-07-2016 2016-34200337

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,540 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,338. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.