Building Services
ActiveSummary
The computed 12-month bankruptcy probability of Building Services is 2.5% (moderate). The 2025 annual accounts show equity of €9,658 and a net result of -€8,211. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 28184 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-26
Solvency38▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.97 against 1.17 in 2024; short-term debt: 56.7% and cash: 29.8% of total assets), and 87.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.9%
Return on assets
-10.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 28184 sector peers (2025).
NBB · sector comparisonPosition among 28184 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
61 d early
2022
4 d early
2021
62 d early
2020
30 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€9,658▼ 46.0%
2024 · €17,869
Total assets
€75,067▼ 32.1%
2024 · €110,512
Net result
-€8,211
2024 · €1,594
Working capital
-€1,176
2024 · €10,534
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,127▼ 78.3%-€1,409€4,530€5,762▲ 27.2%-€5,191
Net result-€63-€2,820▼ 4,410%€1,302€1,594▲ 22.4%-€8,211
Equity€19,426▼ 0.3%€16,607▼ 14.5%€17,108▲ 3.0%€17,869▲ 4.4%€9,658▼ 46.0%
Total assets€61,845▼ 36.1%€93,387▲ 51.0%€73,104▼ 21.7%€110,512▲ 51.2%€75,067▼ 32.1%
Debt€42,419▼ 45.1%€76,781▲ 81.0%€55,996▼ 27.1%€92,643▲ 65.4%€65,409▼ 29.4%
Working capital€12,980▲ 65.9%€12,553▼ 3.3%€15,142▲ 20.6%€10,534▼ 30.4%-€1,176
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,191 after €5,762 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75,067
Fixed assets
€33,714 ▼ 14.2%
Current assets
€41,353 ▼ 41.9%
Equity and liabilities €75,067
Equity
€9,658 ▼ 46.0%
Debt
€65,409 ▼ 29.4%
Debt's share of the balance-sheet total rises from 83.8% to 87.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,317▼
2024 · €7,859
Cash flow
€1,297▼
2024 · €3,691
Current ratio
0.97▼
2024 · 1.17
Debt to equity
6.77▲
2024 · 5.18
ROE
-85.0%▼
2024 · 8.9%
ROA
-10.9%▼
2024 · 1.4%
Interest coverage
1.28▼
2024 · 2.53
Debt ≤ 1 year
€42,529▼
2024 · €60,699
Debt > 1 year
€22,471▼
2024 · €29,594
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,136 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
5.9%
went bankrupt
6.6%
stopped otherwise
86%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,136 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,000 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,194 | €3,712 | €2,087 | €2,097 | €9,508 | ▲ 353% |
| Other operating charges640/8 | €684 | €863 | €560 | €810 | €1,257 | ▲ 55.2% |
| Gross operating margin9900 | €9,004 | €3,165 | €7,177 | €8,669 | €5,574 | ▼ 35.7% |
| Operating profit (loss)9901 | €1,127 | -€1,409 | €4,530 | €5,762 | -€5,191 | ▼ 190% |
| Financial income75/76B | €590 | €427 | €280 | €318 | €351 | ▲ 10.5% |
| Recurring financial income75 | €590 | €427 | €280 | €318 | €351 | ▲ 10.5% |
| Financial charges65/66B | €1,203 | €1,611 | €2,438 | €3,109 | €3,371 | ▲ 8.4% |
| Recurring financial charges65 | €1,203 | €1,611 | €2,438 | €3,109 | €3,371 | ▲ 8.4% |
| Profit (loss) for the period before taxes9903 | €514 | -€2,593 | €2,372 | €2,970 | -€8,211 | ▼ 376% |
| Income taxes67/77 | €577 | €226 | €1,071 | €1,376 | - | - |
| Profit (loss) for the period9904 | -€63 | -€2,820 | €1,302 | €1,594 | -€8,211 | ▼ 615% |
| Profit (loss) for the period to be appropriated9905 | -€63 | -€2,820 | €1,302 | €1,594 | -€8,211 | ▼ 615% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,845 | €93,387 | €73,104 | €110,512 | €75,067 | ▼ 32.1% |
| Fixed assets21/28 | €6,697 | €4,440 | €3,301 | €39,278 | €33,714 | ▼ 14.2% |
| Tangible fixed assets22/27 | €6,697 | €4,440 | €3,301 | €39,278 | €33,714 | ▼ 14.2% |
| Plant, machinery and equipment23 | €4,753 | €4,440 | €2,604 | €2,567 | €1,472 | ▼ 42.6% |
| Furniture and vehicles24 | €1,944 | - | €696 | €36,711 | €32,242 | ▼ 12.2% |
| Current assets29/58 | €55,148 | €88,947 | €69,803 | €71,234 | €41,353 | ▼ 41.9% |
| Amounts receivable after more than one year29 | €19,853 | €13,584 | €7,314 | €1,045 | - | - |
| Other amounts receivable291 | €19,853 | €13,584 | €7,314 | €1,045 | - | - |
| Amounts receivable within one year40/41 | €27,371 | €54,043 | €50,773 | €54,484 | €18,686 | ▼ 65.7% |
| Trade receivables40 | €27,371 | €50,075 | €49,241 | €39,033 | €5,869 | ▼ 85.0% |
| Other amounts receivable41 | - | €3,968 | €1,532 | €15,451 | €12,817 | ▼ 17.0% |
| Cash at bank and in hand54/58 | €7,360 | €20,715 | €3,477 | €15,705 | €22,387 | ▲ 42.5% |
| Deferred charges and accrued income490/1 | €564 | €606 | €8,239 | - | €280 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,845 | €93,387 | €73,104 | €110,512 | €75,067 | ▼ 32.1% |
| Equity10/15 | €19,426 | €16,607 | €17,108 | €17,869 | €9,658 | ▼ 46.0% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €17,489 | €17,489 | €15,108 | €15,869 | €7,658 | ▼ 51.7% |
| Distributable reserves133 | €17,489 | €17,489 | €15,108 | €15,869 | €7,658 | ▼ 51.7% |
| Profit (loss) carried forward14 | -€63 | -€2,882 | - | - | - | - |
| Amounts payable17/49 | €42,419 | €76,781 | €55,996 | €92,643 | €65,409 | ▼ 29.4% |
| Amounts payable after more than one year17 | - | - | - | €29,594 | €22,471 | ▼ 24.1% |
| Financial debts170/4 | - | - | - | €29,594 | €22,471 | ▼ 24.1% |
| Amounts payable within one year42/48 | €42,169 | €76,395 | €54,661 | €60,699 | €42,529 | ▼ 29.9% |
| Current portion of amounts payable after more than one year42 | €11,960 | €19,000 | €22,520 | €26,615 | €21,869 | ▼ 17.8% |
| Trade debts44 | €19,911 | €53,271 | €28,770 | €30,804 | €20,660 | ▼ 32.9% |
| Suppliers440/4 | €19,911 | €53,271 | €28,770 | €30,804 | €20,660 | ▼ 32.9% |
| Taxes, remuneration and social security45 | €10,251 | €3,854 | €2,571 | €2,447 | - | - |
| Taxes450/3 | €7,189 | €654 | €1,071 | €2,447 | - | - |
| Remuneration and social security454/9 | €3,062 | €3,200 | €1,500 | - | - | - |
| Other amounts payable47/48 | €46 | €270 | €800 | €833 | - | - |
| Accrued charges and deferred income492/3 | €251 | €386 | €1,335 | €2,350 | €409 | ▼ 82.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€63 | -€2,820 | €1,302 | €1,594 | -€8,211 | ▼ 615% |
| + Depreciation and write-downs630 | €7,194 | €3,712 | €2,087 | €2,097 | €9,508 | ▲ 353% |
| Operating cash flow (approximation) | €7,131 | €892 | €3,388 | €3,691 | €1,297 | ▼ 64.9% |
| Investment in fixed assets (approximation) | - | -€1,454 | -€947 | -€38,075 | -€3,943 | ▲ 89.6% |
| Change in cash | - | €13,355 | -€17,238 | €12,228 | €6,682 | ▼ 45.4% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet -€8,211
Net result drops to -€8,211, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1,302
Net result €1,302 after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Rotselaar · 1 establishment unit since 2019
Ground area
736 m²
Building footprint
147 m²
Volume, LiDAR
548 m³
Parcel 24121F0038/00C002, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Building Services
since 20192.291.395.069
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24121F0038/00C002 | Flanders | 736 m² | 1 · 147 m² | 5.8 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.
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 2,485 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
Founded23-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727449916
Registered
24-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.