Equity
-€43,568
Debts exceed assets in financial year 2025.
BUILDING CLASSICS
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1994peak €144,332 (2014)
-€10,004▲ €5,713
lowest -€532,121 (2016)
-€23,749▼ €6,008
peak €744,064 (2007)
-€43,568▼ €23,749
€1.2m▲ 81.3%
Board3 names since 2021
1 directorNOLF Maxim Willy Simon
Documentsfilings and deeds
18-03-202643 days before the deadline
2025micro format
Gross margin from -€15,717 to -€10,004Loss of €23,749Equity from -€19,819 to -€43,568Debts from €669,929 to €1.2m
Key points
from the 2025 annual accountsLosses
-€52,914 in six years
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€1.2m 104% of the balance sheet
Financial debts 43%Suppliers 4%Taxes and wages 0%Other 53%
Of this, €687,756 falls due within a year.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 16% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
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: 0.6%highest value
01-2025: 0.2%▼ -0.4 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● 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 strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€43,568
lowers risk
Size: total assets €1.2m
Figures for financial year 2025 (filed on 23-03-2026)
Founded in 1992
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 17% of them on solvency, 17% on liquidity, 28% on profitability and 5% 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 30-09-2025.
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, 1,242 companies had the same profile as BUILDING CLASSICS has now. Each dot stands for 4 companies, two years later.
92.8%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BUILDING CLASSICS itself is lower: 0.2% within 12 months. It rests on far more data about BUILDING CLASSICS than the profile alone.
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 1,242 companies, not a prediction for BUILDING CLASSICS. 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
No credit on open account
Liquidity is ample, with a current ratio of 1.7 (1.33 in 2024), above the usual 1.5. Short-term debt is 58.7% and cash 0.9% of total assets. However, equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€43,568
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
16 days late
2023
27 days late
2022
95 days early
2021
30 days early
2020
3 days early
2019
45 days early
← 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 25 days before 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (4 of the last 5 accounts filed within 58 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447733687
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden, Verwijderen van vrijstaande gebouwen · Waregem
Environmental permit granted
Nieuwbouw of aanleggen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden, Verwijderen van vrijstaande gebouwen · Waregem
Registered office moved to Waregem
New registered office: Nachtegaallaan 27, 8790 Waregem · Resignations: DE SPIEGELEER Frans (director) and MORTIER Nicole (director) · Appointment: NOLF Maxim Willy Simon (sole director) · General meeting of 19-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BUILDING CLASSICS Waregem | €1.2m | -€10,004 | -3.7% | - |
| RV INVEST Jabbeke | €1.3m | -€34,198 | -51.5% | - |
| El-Decon Merelbeke-Melle | €1.2m | -€10,295 | 96.4% | - |
| ADVIES, BEMIDDELINGS- EN SERVICE KANTOOR Dendermonde | €1.2m | -€36,507 | 99.8% | - |
| OPIO Marche-en-Famenne | €1.2m | -€19,958 | 99.5% | - |
| B.S. Immobilier Neupré | €1.1m | -€18,405 | -13.9% | - |
| VERMEULEN DISTRIBUTION SERVICE Yvoir | €1.2m | -€2,151 | -12.8% | - |
These companies have the same main activity as BUILDING CLASSICS: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 25-06-1992Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.058.524.6948790 Waregem, since 20-08-1992
- Financial year end
- 30 September
- Peppol
- Reachable since 14-07-2025
Annual accounts to 30-09-2025
- €1.2m▲ 80.2%
- Filing
- Filed on 18-03-2026, 43 days before the end of the filing period
Insights on BUILDING CLASSICS
BUILDING CLASSICS files the micro format. That format states no turnover. The gross margin rose from -€15,570 in 2007 to -€10,004 in 2025.
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 BUILDING CLASSICS
- What is the company number of BUILDING CLASSICS?
- The company number of BUILDING CLASSICS is 0447.733.687. The VAT number is the same number with BE in front: BE 0447.733.687.
- Where is BUILDING CLASSICS based?
- The registered office is at Nachtegaallaan 27, 8790 Waregem.Company details
- What does BUILDING CLASSICS do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of BUILDING CLASSICS?
- BUILDING CLASSICS is a public limited company (NV).
- When was BUILDING CLASSICS founded?
- BUILDING CLASSICS was founded on 25-06-1992.
- Is BUILDING CLASSICS still active?
- Yes, BUILDING CLASSICS is an active enterprise in the KBO register.
- What is the turnover of BUILDING CLASSICS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is BUILDING CLASSICS profitable?
- In financial year 2025, BUILDING CLASSICS made a loss of €23,749.
- Where can I find the annual accounts of BUILDING CLASSICS?
- BUILDING CLASSICS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BUILDING CLASSICS due?
- BUILDING CLASSICS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.