BUILDXPERIENCE
ActiveSummary
BUILDXPERIENCE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €411,568 and a net result of -€30,988. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 2098 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-71
Solvency76▲+19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity short (current ratio 0.6 against 1.1 in 2023; short-term debt: 3.9% and cash: 1.2% of total assets), and 48.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2024Solvency, return and age of the figures
Solvency
51.3%
Return on assets
-3.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
44 d early
2022
135 d late
2021
337 d late
2020
90 d late
2019
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 107 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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 2024, abbreviated schema
In the rankings
#10 oldest company in Nijlen, Construction sector
Equity
€411,568▼ 7.0%
2023 · €442,556
Total assets
€802,388▼ 42.5%
2023 · €1.4m
Net result
-€30,988
2023 · €237,143
Working capital
-€12,665
2023 · €51,099
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€34,603▼ 20.6%€14,600▼ 57.8%€332,683▲ 2,179%€252,567▼ 24.1%-€16,199
Net result€2,460within the sector's middle half▼ 3.4%€1,741within the sector's middle half▼ 29.2%€316,487above the sector's middle half▲ 18,075%€237,143above the sector's middle half▼ 25.1%-€30,988below the sector's middle half
Equity€67,185below the sector's middle half▲ 3.8%€68,926within the sector's middle half▲ 2.6%€385,413above the sector's middle half▲ 459%€442,556above the sector's middle half▲ 14.8%€411,568within the sector's middle half▼ 7.0%
Total assets€3.7mabove the sector's middle half▲ 35.5%€3.6mabove the sector's middle half▼ 4.2%€3.9mabove the sector's middle half▲ 9.4%€1.4mabove the sector's middle half▼ 64.5%€802,388within the sector's middle half▼ 42.5%
Debt€3.7m▲ 36.3%€3.5m▼ 4.3%€3.5m▲ 0.6%€952,146▼ 73.1%€390,821▼ 59.0%
Working capital€1.6mabove the sector's middle half▲ 136%€2.1mabove the sector's middle half▲ 25.7%€2.5mabove the sector's middle half▲ 23.1%€51,099within the sector's middle half▼ 98.0%-€12,665below the sector's middle half
Solvency1.8%below the sector's middle half▼ 0.5pp1.9%below the sector's middle half▲ 0.1pp9.8%below the sector's middle half▲ 7.9pp31.7%within the sector's middle half▲ 21.9pp51.3%within the sector's middle half▲ 19.6pp
Current ratio2.59within the sector's middle half▲ 0.885.13above the sector's middle half▲ 2.545.67above the sector's middle half▲ 0.541.10within the sector's middle half▼ 4.570.60below the sector's middle half▼ 0.50
Return on assets (ROA)0.1%below the sector's middle half=0.0%below the sector's middle half=8.1%within the sector's middle half▲ 8.0pp17.0%within the sector's middle half▲ 8.9pp-3.9%below the sector's middle half▼ 20.9pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
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 2024: a loss of €16,199 after €252,567 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €802,388
Fixed assets
€783,514 ▼ 3.1%
Current assets
€18,875 ▼ 96.8%
Equity and liabilities €802,388
Equity
€411,568 ▼ 7.0%
Debt
€390,821 ▼ 59.0%
Debt's share of the balance-sheet total falls from 68.3% to 48.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8,641▼
2023 · €277,407
Cash flow
-€6,148▼
2023 · €261,982
Debt to equity
0.95▼
2023 · 2.15
ROE
-7.5%▼
2023 · 53.6%
Interest coverage
0.58▼
2023 · 17.98
Debt ≤ 1 year
€31,539▼
2023 · €535,250
Debt > 1 year
€359,281▼
2023 · €416,896
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 8,611 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €338,750 | €250,000 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,361 | €26,240 | €24,840 | €24,840 | €24,840 | = |
| Other operating charges640/8 | - | €1,024 | €3,757 | €4,813 | €4,265 | ▼ 11.4% |
| Gross operating margin9900 | €62,848 | €41,864 | €361,279 | €282,220 | €12,906 | ▼ 95.4% |
| Operating profit (loss)9901 | €34,603 | €14,600 | €332,683 | €252,567 | -€16,199 | ▼ 106% |
| Financial income75/76B | - | €6,326 | - | - | €0 | - |
| Recurring financial income75 | €3,447 | €6,326 | - | - | €0 | - |
| Financial charges65/66B | - | €19,184 | €16,196 | €15,425 | €14,789 | ▼ 4.1% |
| Recurring financial charges65 | €35,590 | €19,184 | €16,196 | €15,425 | €14,789 | ▼ 4.1% |
| Profit (loss) for the period before taxes9903 | €2,460 | €1,741 | €316,487 | €237,143 | -€30,988 | ▼ 113% |
| Income taxes67/77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | €2,460 | €1,741 | €316,487 | €237,143 | -€30,988 | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €2,460 | €1,741 | €316,487 | €237,143 | -€30,988 | ▼ 113% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.7m | €3.6m | €3.9m | €1.4m | €802,388 | ▼ 42.5% |
| Fixed assets21/28 | €1.1m | €1.0m | €833,193 | €808,353 | €783,514 | ▼ 3.1% |
| Intangible fixed assets21 | €1,400 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €882,873 | €858,033 | €833,193 | €808,353 | €783,514 | ▼ 3.1% |
| Land and buildings22 | - | €858,033 | €833,193 | €808,353 | €783,514 | ▼ 3.1% |
| Financial fixed assets28 | €184,821 | €161,250 | - | - | - | - |
| Current assets29/58 | €2.7m | €2.6m | €3.1m | €586,348 | €18,875 | ▼ 96.8% |
| Stocks and contracts in progress3 | €2.2m | €2.4m | €2.5m | - | - | - |
| Stocks30/36 | - | €2.4m | €2.5m | - | - | - |
| Amounts receivable within one year40/41 | €355,111 | €138,919 | €123,795 | €124,288 | €8,641 | ▼ 93.0% |
| Trade receivables40 | - | €5,808 | €5,808 | €8,404 | €8,404 | = |
| Other amounts receivable41 | - | €133,111 | €117,987 | €115,884 | €237 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €90,941 | €14,937 | €505,531 | €461,800 | €9,974 | ▼ 97.8% |
| Deferred charges and accrued income490/1 | - | €260 | €260 | €260 | €260 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.7m | €3.6m | €3.9m | €1.4m | €802,388 | ▼ 42.5% |
| Equity10/15 | €67,185 | €68,926 | €385,413 | €442,556 | €411,568 | ▼ 7.0% |
| Contributions10/11 | €74,500 | €74,500 | €74,500 | €74,500 | €74,500 | = |
| Capital10 | - | €74,500 | €74,500 | €74,500 | €74,500 | = |
| Issued capital100 | - | €74,500 | €74,500 | €74,500 | €74,500 | = |
| Reserves13 | €24,172 | €24,172 | €24,172 | €24,172 | €24,172 | = |
| Non-distributable reserves130/1 | - | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Legal reserve130 | - | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Distributable reserves133 | - | €16,736 | €16,736 | €16,736 | €16,736 | = |
| Profit (loss) carried forward14 | -€31,488 | -€29,746 | €286,741 | €343,883 | €312,895 | ▼ 9.0% |
| Amounts payable17/49 | €3.7m | €3.5m | €3.5m | €952,146 | €390,821 | ▼ 59.0% |
| Amounts payable after more than one year17 | €1.4m | €776,945 | €539,007 | €416,896 | €359,281 | ▼ 13.8% |
| Financial debts170/4 | - | €776,945 | €539,007 | €416,896 | €359,281 | ▼ 13.8% |
| Amounts payable within one year42/48 | €1.0m | €500,466 | €545,368 | €535,250 | €31,539 | ▼ 94.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €25,340 | - |
| Trade debts44 | €94,949 | €42,272 | €38,568 | €50,950 | €6,199 | ▼ 87.8% |
| Suppliers440/4 | - | €42,272 | €38,568 | €50,950 | €6,199 | ▼ 87.8% |
| Taxes, remuneration and social security45 | - | €1,494 | - | - | - | - |
| Taxes450/3 | - | €1,494 | - | - | - | - |
| Other amounts payable47/48 | - | €456,700 | €506,800 | €484,300 | - | - |
| Accrued charges and deferred income492/3 | - | €2.2m | €2.5m | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,460 | €1,741 | €316,487 | €237,143 | -€30,988 | ▼ 113% |
| + Depreciation and write-downs630 | €26,361 | €26,240 | €24,840 | €24,840 | €24,840 | = |
| Operating cash flow (approximation) | €28,821 | €27,981 | €341,327 | €261,982 | -€6,148 | ▼ 102% |
| Investment in fixed assets (approximation) | - | €23,571 | €161,250 | €0 | €0 | - |
| Change in cash | - | -€76,004 | €490,593 | -€43,730 | -€451,826 | ▼ 933% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet -€30,988
Net result drops to -€30,988, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 135 days late
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 337 days late
2022
31-12
Financial
Highest result since 2018net €316,487 ▲18,075%
Operating result €332,683, net result €316,487, both a record.
31-12
Financial
Equity above €200,000Eq €385,413 ▲459%
4 profitable years in a row build equity to €385,413.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
31-12
Financial
Back to profitnet €2,546
Net result €2,546 after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 54 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Nijlen · 1 establishment unit since 1986
Ground area
756 m²
Building footprint
160 m²
Volume, LiDAR
1,091 m³
Parcel 12018D0161/00X002, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
b-x
since 19862.031.302.536
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12018D0161/00X002 | Flanders | 756 m² | 1 · 159 m² | 10.8 m · 2 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.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts LEFFICO 202433.33%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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CREATIVE EQUIPE
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 9,985 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-11-1986
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429820163
Also
9925:BE0429820163
Registered
07-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.