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Building Associates

Active
Public limited companyfounded 198541 yrs activeHaringrodestraat 94, 2018 Antwerpen, BelgiumKBO/BCE: BE 0427.907.679
Summary

The annual accounts of Building Associates for fiscal year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €38,750 and a net result of -€43,510. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch ReportCompare
Building AssociatesActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€1.0mtotal assets 2025
Equity
€38,750
Loss
-€43,510
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Holdings
2
Accounts 18 d early0 of 6 deeds read
Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- 1 change of registered office in 24 months- Founded in 1985+ Size: total assets €1.0m+ Figures for FY 2025 (filed 13-07-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 29-4
equity 3.8% of total assets
Liquidity 65-3
short-term debt 11.3% · cash 12.7%
Profitability 13-2
return on assets -4.3%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● 0.0% vs 11-2024lowest value 01-2025: 0.2%● 0.0% vs 12-2024lowest value 02-2025: 0.2%▲ +5.1% vs 01-2025 03-2025: 0.2%▲ +9.2% vs 02-2025 04-2025: 0.2%▼ -0.5% vs 03-2025 05-2025: 0.2%▲ +12.4% vs 04-2025 06-2025: 0.2%▲ +8.8% vs 05-2025 07-2025: 0.4%▲ +69.9% vs 06-2025 08-2025: 0.6%▲ +51.7% vs 07-2025 09-2025: 0.6%▼ -3.3% vs 08-2025 10-2025: 0.6%● 0.0% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%● 0.0% vs 12-2025 02-2026: 0.6%▲ +1.5% vs 01-2026 03-2026: 0.7%▲ +7.9% vs 02-2026 04-2026: 0.7%▲ +9.2% vs 03-2026 05-2026: 0.9%▲ +27.7% vs 04-2026 06-2026: 1.1%▲ +17.7% vs 05-2026 07-2026: 1.2%▲ +9.3% vs 06-2026highest value 08-2026: 0.5%▼ -55.6% vs 07-2026 09-2026: 0.5%● 0.0% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026
  • Size: total assets €1.0m lowers the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 13-07-2026) lowers the probability
  • Founded in 1985 raises the probability for this profile
Credit up to €2,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.23 against 3.21 in 2024; short-term debt: 11.3% and cash: 12.7% of total assets), and 96.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 19%, liquidity 62%, profitability 13%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.0m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 13-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 1985
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€43,510
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
21 d early
2023
20 d late
2022
25 d late
2021
29 d late
2020
27 d late
2019
88 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 21 August (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€43,510
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€43,510 View
  • Active since 1985founded 14-01-1985 41 years View
  • Total assets 20256 fiscal years filed €1.0m View

By topic

Financials

Fiscal year
2025
Total assets
€1.0m
Loss
-€43,510
Solvency
3.8%
Total assets▼ 5.6%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 13-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 10-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
14-01-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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