BVI CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BVI CONSTRUCT is 4.1% (elevated). For BVI CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €73,626 and a net result of €21,684. Equity is growing by ~65.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 30864 sector peers (fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability69▼-30
Solvency54▲+1
Growth85▲+8
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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 · 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 2022Solvency, return and age of the figures
Solvency
28.8%
Return on assets
8.5%
Age of the figures
45 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-10-2023, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
92 d late
2021
154 d late
2020
113 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 120 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 (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€692,915▲ 57.9%
2021 · €438,771
EBIT margin
4.5%▼ 11.2pp
2021 · 15.7%
Net result
€21,684▼ 60.4%
2021 · €54,792
Working capital
€42,022▲ 38.7%
2021 · €30,294
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line202020212022
Turnover€390,560-€438,771▲ 12.3%€692,915▲ 57.9%
Operating result€1,998-€68,906▲ 3,348%€31,008▼ 55.0%
Net result€151below the sector's middle half-€54,792above the sector's middle half▲ 36,265%€21,684within the sector's middle half▼ 60.4%
EBIT margin0.5%-15.7%▲ 15.2pp4.5%▼ 11.2pp
Equity€5,151below the sector's middle half-€51,942within the sector's middle half▲ 908%€73,626within the sector's middle half▲ 41.7%
Total assets€75,983within the sector's middle half-€182,893within the sector's middle half▲ 141%€255,327within the sector's middle half▲ 39.6%
Debt€70,832-€130,951▲ 84.9%€181,700▲ 38.8%
Working capital€1,329below the sector's middle half-€30,294within the sector's middle half▲ 2,179%€42,022within the sector's middle half▲ 38.7%
Solvency6.8%below the sector's middle half-28.4%within the sector's middle half▲ 21.6pp28.8%within the sector's middle half▲ 0.4pp
Current ratio1.02below the sector's middle half-1.39within the sector's middle half▲ 0.371.29within the sector's middle half▼ 0.09
Return on assets (ROA)0.2%below the sector's middle half-30.0%above the sector's middle half▲ 29.8pp8.5%within the sector's middle half▼ 21.5pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 55% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €255,327
Fixed assets
€70,739 ▼ 5.1%
Current assets
€184,588 ▲ 70.4%
Equity and liabilities €255,327
Equity
€73,626 ▲ 41.7%
Debt
€181,700 ▲ 38.8%
Debt's share of the balance-sheet total falls from 71.6% to 71.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49,562▼
2021 · €85,621
Cash flow
€40,238▼
2021 · €71,506
Debt to equity
2.47▼
2021 · 2.52
ROE
29.5%▼
2021 · 105.5%
Interest coverage
14.67▼
2021 · 23.84
Debt ≤ 1 year
€142,566▲
2021 · €78,053
Debt > 1 year
€39,134▼
2021 · €52,897
Income taxes
€6,021▼
2021 · €10,577
Staff costs
€728▼
2021 · €1,336
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Turnover70 | €390,560 | €438,771 | €692,915 | ▲ 57.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €351,536 | €636,498 | ▲ 81.1% |
| Remuneration, social security and pensions62 | - | €1,336 | €728 | ▼ 45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,085 | €16,714 | €18,554 | ▲ 11.0% |
| Other operating charges640/8 | - | €280 | €6,127 | ▲ 2,092% |
| Gross operating margin9900 | €11,503 | €87,236 | €56,417 | ▼ 35.3% |
| Operating profit (loss)9901 | €1,998 | €68,906 | €31,008 | ▼ 55.0% |
| Financial income75/76B | - | €54 | €77 | ▲ 43.0% |
| Recurring financial income75 | - | €54 | €77 | ▲ 43.0% |
| Financial charges65/66B | - | €3,592 | €3,379 | ▼ 5.9% |
| Recurring financial charges65 | €1,490 | €3,592 | €3,379 | ▼ 5.9% |
| Profit (loss) for the period before taxes9903 | €508 | €65,369 | €27,705 | ▼ 57.6% |
| Income taxes67/77 | €357 | €10,577 | €6,021 | ▼ 43.1% |
| Profit (loss) for the period9904 | €151 | €54,792 | €21,684 | ▼ 60.4% |
| Profit (loss) for the period to be appropriated9905 | €151 | €54,792 | €21,684 | ▼ 60.4% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €75,983 | €182,893 | €255,327 | ▲ 39.6% |
| Fixed assets21/28 | €15,927 | €74,546 | €70,739 | ▼ 5.1% |
| Tangible fixed assets22/27 | €15,667 | €74,098 | €70,291 | ▼ 5.1% |
| Plant, machinery and equipment23 | - | €7,215 | €19,742 | ▲ 174% |
| Furniture and vehicles24 | - | €27,521 | €23,962 | ▼ 12.9% |
| Leasing and similar rights25 | - | €39,362 | €26,587 | ▼ 32.5% |
| Financial fixed assets28 | €260 | €448 | €448 | = |
| Current assets29/58 | €60,056 | €108,347 | €184,588 | ▲ 70.4% |
| Amounts receivable within one year40/41 | €58,833 | €108,347 | €182,908 | ▲ 68.8% |
| Trade receivables40 | - | €86,543 | €150,600 | ▲ 74.0% |
| Other amounts receivable41 | - | €21,804 | €32,308 | ▲ 48.2% |
| Cash at bank and in hand54/58 | €1,223 | €0 | €1,680 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €75,983 | €182,893 | €255,327 | ▲ 39.6% |
| Equity10/15 | €5,151 | €51,942 | €73,626 | ▲ 41.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | - | €5,000 | €5,000 | = |
| Issued capital100 | - | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €151 | €46,942 | €68,626 | ▲ 46.2% |
| Amounts payable17/49 | €70,832 | €130,951 | €181,700 | ▲ 38.8% |
| Amounts payable after more than one year17 | €12,106 | €52,897 | €39,134 | ▼ 26.0% |
| Financial debts170/4 | - | €52,897 | €39,134 | ▼ 26.0% |
| Amounts payable within one year42/48 | €58,726 | €78,053 | €142,566 | ▲ 82.7% |
| Current portion of amounts payable after more than one year42 | - | €19,791 | €13,763 | ▼ 30.5% |
| Financial debts43 | - | €4,640 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €4,640 | €0 | ▼ 100% |
| Trade debts44 | €8,871 | €1,032 | €109,622 | ▲ 10,521% |
| Suppliers440/4 | - | €1,032 | €109,622 | ▲ 10,521% |
| Taxes, remuneration and social security45 | - | €15,728 | €19,181 | ▲ 22.0% |
| Taxes450/3 | - | €15,728 | €19,181 | ▲ 22.0% |
| Remuneration and social security454/9 | - | - | €0 | - |
| Other amounts payable47/48 | - | €36,862 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €151 | €54,792 | €21,684 | ▼ 60.4% |
| + Depreciation and write-downs630 | €8,085 | €16,714 | €18,554 | ▲ 11.0% |
| Operating cash flow (approximation) | €8,236 | €71,506 | €40,238 | ▼ 43.7% |
| Investment in fixed assets (approximation) | - | -€75,333 | -€14,747 | ▲ 80.4% |
| Change in cash | - | -€1,223 | €1,680 | ▲ 237% |
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
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
01-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 154 days late
2021
31-12
Financial
Highest result since 2020net €54,792 ▲36,265%
Operating result €68,906, net result €54,792, both a record.
21-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 113 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kraainem · 1 establishment unit since 2020
Ground area
1.5 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
2 parcels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
BVI Construct
since 20202.333.550.576
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 22002C0074/00D006indicative | Flanders | 3,919 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BIRS CONSTRUCT
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,243 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
Founded17-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Contact
E-mail
bviconstructsrl@gmail.com
Phone
+32465831558
Phone
0465831558Kraainem
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
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