Active BE 0778.307.907Private limited company

BUILT TO ORDER

Kardinaal Sterckxstraat 62 ·2530 Boechout, Belgium· 4 yrs active

Sector: NACE 30120 (30120)

Conclusion Checked

The computed 12-month bankruptcy probability of BUILT TO ORDER is 2.7% (average). The 2024 annual accounts show equity of €175k and a net result of €-37k. Equity is growing by ~47.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€175k
Net result	€-37k
Active	4 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

52 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 40

Profitability 0

Solvency 74

Growth 52

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.7% Average

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2021 — past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

40 / 100 Weak

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 19-02-2026 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.

growing Equity: growth of ~47.9%/year over 3 fiscal years — indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€-6k

— 22–24

Net profit

€-37k

— 22–24

Cash flow

€-11k

— 22–24

Total assets

€531k

+66.5% 22–24

Equity

€175k

+90.0% 22–24

Working capital

€190k

-1.1% 22–24

Staff costs

€607

-36.5% 22–24

Income taxes

€829

— 22–24

Debt

€356k

+57.0% 22–24

Debt ≤ 1y

€126k

+453.1% 22–24

Debt > 1y

€230k

+12.8% 22–24

Current ratio

2.51

-73.4% 22–24

Quick ratio

0.87

-80.1% 22–24

Solvency

33.0%

+14.1% 22–24

Debt / equity

2.03

-17.4% 22–24

ROE

-21.2%

— 22–24

ROA

-7.0%

— 22–24

Interest coverage

-1.36

— 22–24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€-6k
Net profit	€-37k
Cash flow	€-11k
Staff costs	€607
Income taxes	—
Dividends	—
Total assets	€531k
Equity	€175k
Debt	€356k
of which ≤ 1y	€126k
of which > 1y	€230k
Working capital	€190k
Employees (FTE)	—

Ratios (computed)

	2024
Current ratio	2.51
Quick ratio	0.87
Working capital ratio	35.8%
Solvency	33.0%
Debt / equity	2.03
Long-term debt ratio	1.31
Interest coverage	-1.36
Gross margin	—
Net margin	—
ROA	-7.0%
ROE	-21.2%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €215k · 40.5% Current assets €316k · 59.5%

Equity & liabilities

Equity €175k · 33.0% Debt €356k · 67.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€531k
Fixed assets	21/28	€215k
Intangible fixed assets	21	€118k
Tangible fixed assets	22/27	€97k
Financial fixed assets	28	€100
Current assets	29/58	€316k
Stocks & contracts in progress	3	€207k
Amounts receivable within one year	40/41	€86k
Cash & bank	54/58	€23k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€531k
Equity	10/15	€175k
Contributions / capital	10/11	€220k
Accumulated profits (losses)	14	€-45k
Amounts payable	17/49	€356k
Amounts payable after one year	17	€230k
Amounts payable within one year	42/48	€126k
Trade debts payable within one year	44	€125k
Income statement
Gross operating margin	9900	€-3k
Operating result	9901	€-33k
Financial income	75	€2
Financial charges	65	€5k
Result before taxes	9903	€-37k
Net result for the period	9904	€-37k
Result to be appropriated	9905	€-37k

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Ratios computed by Checked.

Legal Structure

NACE primary	30120
Legal form	Private limited company(610)
Incorporation	06-12-2021
Status	Active
Postal code	2530

Establishment units 1 location

BUILT TO ORDER

Kardinaal Sterckxstraat 62, 2530 BoechoutVervaardiging van hangsloten, grendelsloten en andere sloten, sleutels en ander hang- en sluitwerk voor gebouwen, meubels, voertuigen, enz

since 20212.325.328.936

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11004A0171/00M003	Flanders	232 m²	1 · 85 m²	8.8 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 4 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

19-02-2026

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

26-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

22-04-2024

State Gazette act Capital & shares

Jan KINDERMANS

2023

27-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

Belgisch Staatsblad — acts 1 acts

Capital history · 1

22-04-2024

Capital change

All acts · 1 updated 2 years ago

2024

22-04-2024 Capital increase of €120,000 Capital & shares·Jan KINDERMANS

Inbreng in geld · Apport en numéraire

Notary: Jan KINDERMANS · Edegem

Original publication ↗

Technical details

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    "firm_city": null,
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  },
  "act_meta": {
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    "filing_date": "2024-04-18",
    "act_kind_objet": "Onderwerp akte:"
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    "act_date": "2024-04-16",
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  "bedrijfsrevisor": null,
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  "share_classes_after": [
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      "n_shares": 10000,
      "class_name": "A",
      "capital_share_eur": null,
      "voting_rights_per_share": 2.0
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      "class_name": "B",
      "capital_share_eur": null,
      "voting_rights_per_share": 2.0
    },
    {
      "n_shares": null,
      "class_name": "C",
      "capital_share_eur": null,
      "voting_rights_per_share": 1.0
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  ]
}

Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Coating van metalen25510Oppervlaktebehandeling van metalen25610Bouw van plezier- en sportvaartuigen30120Bouw van plezier- en sportvaartuigen30120Reparatie van machines33120Reparatie en onderhoud van machines33120Detailhandel in overige sportartikelen47639Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels47640Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Overige technische testen en toetsen71209Overige technische testen en toetsen71209Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999

Primary activity highlighted.

Names & trade names

Legal nameNL

BUILT TO ORDER

Registered office

Kardinaal Sterckxstraat 62 bus 3

2530 Boechout, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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