Building Technical Assistance Construct
ActiveSummary
Building Technical Assistance Construct has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,795) and a net result of -€652. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 19% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-01-1991 Normal situation
- Activity
- Agents in non-specialised wholesale trade NACE 46190
- Establishment unit
- 2.051.573.358 1341 Ottignies-Louvain-la-Neuve, since 21-02-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- -€521
- ▲ 35.4%
- Loss
- €652
- ▼ 38.1%
- Equity
- -€6,795
- ▼ 10.6%
- Total assets
- €160,423
- ▼ 0.4%
- Negative equity on 31-12-2025
- 2025 accounts filed 42 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 42 days late; 1 of the last 3 accounts lateNegative equity -€6,795lowers riskSize: total assets €160,423Founded in 1991Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 15% of them on solvency, 4% on liquidity, 29% on profitability and 25% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 42 days after the deadline Filed on 11 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00510966.
Annual accounts 2025 filed on 11-09-2026 at the NBB all 34 filings
Every figure per financial year
The operating result for 2025 is a loss of €591, smaller than the loss of €996 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €157 | €108 | €3 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | €70 | €190 | €70 | ▼ 63.2% |
| Gross operating margin9900 | -€655 | -€982 | -€830 | -€107 | -€384 | -€806 | -€521 | ▲ 35.4% |
| Operating profit (loss)9901 | -€1,004 | -€1,490 | -€833 | -€107 | -€454 | -€996 | -€591 | ▲ 40.7% |
| Recurring financial income75 | €3 | €0 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €63 | €64 | €57 | €61 | ▲ 7.0% |
| Recurring financial charges65 | €46 | €68 | €48 | €63 | €64 | €57 | €61 | ▲ 7.0% |
| Profit (loss) for the period before taxes9903 | -€1,047 | -€1,558 | -€881 | -€170 | -€518 | -€1,053 | -€652 | ▲ 38.1% |
| Income taxes67/77 | €1 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€1,048 | -€1,558 | -€881 | -€170 | -€518 | -€1,053 | -€652 | ▲ 38.1% |
| Profit (loss) for the period to be appropriated9905 | -€1,048 | -€1,558 | -€881 | -€170 | -€518 | -€1,053 | -€652 | ▲ 38.1% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €165,797 | €163,285 | €162,752 | €162,122 | €162,058 | €161,075 | €160,423 | ▼ 0.4% |
| Fixed assets21/28 | €111 | €3 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €111 | €3 | - | - | - | - | - | - |
| Current assets29/58 | €165,686 | €163,282 | €162,752 | €162,122 | €162,058 | €161,075 | €160,423 | ▼ 0.4% |
| Amounts receivable within one year40/41 | €159,889 | €158,357 | €158,357 | €158,357 | €158,357 | €158,357 | €158,357 | = |
| Trade receivables40 | - | - | - | €158,357 | €158,357 | €158,357 | €158,357 | = |
| Current investments50/53 | €48 | €43 | €38 | €12 | - | - | - | - |
| Cash at bank and in hand54/58 | €5,749 | €4,881 | €4,357 | €3,753 | €3,701 | €2,718 | €2,066 | ▼ 24.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €165,797 | €163,285 | €162,752 | €162,122 | €162,058 | €161,075 | €160,423 | ▼ 0.4% |
| Equity10/15 | -€1,503 | -€3,061 | -€3,942 | -€4,572 | -€5,090 | -€6,143 | -€6,795 | ▼ 10.6% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €165 | €165 | €165 | €165 | €165 | €165 | €165 | = |
| Non-distributable reserves130/1 | - | - | - | €165 | €165 | €165 | €165 | = |
| Reserves not available under the articles1311 | - | - | - | €165 | €165 | €165 | €165 | = |
| Profit (loss) carried forward14 | -€20,260 | -€21,818 | -€22,699 | -€23,329 | -€23,847 | -€24,900 | -€25,552 | ▼ 2.6% |
| Amounts payable17/49 | €167,300 | €166,346 | €166,693 | €166,694 | €167,148 | €167,218 | €167,218 | = |
| Amounts payable within one year42/48 | €167,300 | €166,346 | €166,693 | €166,694 | €167,148 | €167,218 | €167,218 | = |
| Trade debts44 | - | - | €348 | €348 | €802 | €872 | €872 | = |
| Suppliers440/4 | - | - | - | €348 | €802 | €872 | €872 | = |
| Other amounts payable47/48 | - | - | - | €166,346 | €166,346 | €166,346 | €166,346 | = |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,048 | -€1,558 | -€881 | -€170 | -€518 | -€1,053 | -€652 | ▲ 38.1% |
| + Depreciation and write-downs630 | €157 | €108 | €3 | - | - | - | - | - |
| Operating cash flow (approximation) | -€890 | -€1,450 | -€878 | -€170 | -€518 | -€1,053 | -€652 | ▲ 38.1% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - |
| Change in cash | - | -€867 | -€524 | - | -€52 | -€983 | -€652 | ▲ 33.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,796 companies had the same profile as Building Technical Assistance Construct has now. Two years later, 90.4% were still going and 2.1% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a small loss
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Building Technical Assistance Construct itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,796 companies, not a prediction for Building Technical Assistance Construct. 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.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-09-2026 | 2026-00510966 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00483468 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00456427 | |
| 31-12-2022 | micro format | 16-01-2024 | 2024-00002070 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-26700307 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-42700278 | |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31400133 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45800131 | |
| 31-12-2016 | micro format | 29-09-2017 | 2017-64900035 | |
| 31-12-2015 | full format | 26-08-2016 | 2016-48700205 |
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank