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BVI CONSTRUCT

Active
Private limited companyfounded 2020active for 6 yearsSteenweg op Mechelen 455, 1950 Kraainem, Belgium961 active companies are registered at this addressKBO/BCE: BE 0745.469.843
Summary

The computed 12-month bankruptcy probability of BVI CONSTRUCT is 13.3% (high). 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 about 66% per year across the filed financial years. Its solvency ranks better than 32% of 30,365 sector peers (NACE 43, financial year 2022). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€692,915turnover 2022
Equity
€73,626
Profit
€21,684
Financial health
Bankruptcy probabilitywithin 12 months
13.3%
2022 figures too old to score
Structure
Accounts 815 days overdue0 of 3 deeds read
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 lateFigures for financial year 2022 (filed 31-10-2023)Size: turnover €692,915, total assets €255,327Liquidity: current ratio 1.29, cash €1,680Two or more financial years not filedFiled more than 90 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 54+1
equity 28.8% of total assets
Liquidity 22-8
short-term debt 55.8% · cash 0.7%
Profitability 69-30
return on assets 8.5%
Bankruptcy probability, 12 months
13.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 8.5%lowest value 12-2024: 9.6%▲ +1.1 percentage points vs 11-2024 01-2025: 12.7%▲ +3.1 percentage points vs 12-2024 02-2025: 12.7%● unchanged vs 01-2025 03-2025: 12.9%▲ +0.2 percentage points vs 02-2025 04-2025: 12.0%▼ -0.9 percentage points vs 03-2025 05-2025: 12.0%● unchanged vs 04-2025 06-2025: 11.8%▼ -0.2 percentage points vs 05-2025 07-2025: 11.8%● unchanged vs 06-2025 08-2025: 13.7%▲ +1.9 percentage points vs 07-2025 09-2025: 13.7%● unchanged vs 08-2025 10-2025: 13.6%▼ -0.1 percentage points vs 09-2025 11-2025: 14.0%▲ +0.4 percentage points vs 10-2025highest value 12-2025: 13.9%▼ -0.1 percentage points vs 11-2025 01-2026: 13.9%● unchanged vs 12-2025 02-2026: 13.9%● unchanged vs 01-2026 03-2026: 13.9%● unchanged vs 02-2026 04-2026: 13.9%● unchanged vs 03-2026 05-2026: 13.9%● unchanged vs 04-2026 06-2026: 13.9%● unchanged vs 05-2026 07-2026: 13.9%● unchanged vs 06-2026 08-2026: 13.3%▼ -0.6 percentage points vs 07-2026 09-2026: 13.3%● unchanged vs 08-2026 10-2026: 13.3%● unchanged vs 09-2026
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Signals

Six signals.
raises risk
raises risk · 3 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2022 (filed 31-10-2023)
NBB · annual accounts
raises risk · Size: turnover €692,915, total assets €255,327
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.29, cash €1,680
NBB · annual accounts
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 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline24-10-2026 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
92 days late
2021
154 days late
2020
113 days 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 (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Annual accounts filedfinancial year 2021 · micro…
  3. Highest result from 2020 to 2022net €54,792 ▲36,265%

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 24 October 2026.

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

2020 to 2022, 3 financial years

The operating result falls in 2022; 2022 is 55% below 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€692,915 2022 Operating result€31,008 2022 Net result€21,684 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial 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 of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2022 value · change against 2021
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
Filed annual accounts As filed with the NBB · 2022 against 2021 · 50 lines
Balance sheet Code20212022
Assets
Total assets20/58€182,893€255,327▲
Fixed assets21/28€74,546€70,739▼
Tangible fixed assets22/27€74,098€70,291▼
Plant, machinery and equipment23€7,215€19,742▲
Furniture and vehicles24€27,521€23,962▼
Leasing and similar rights25€39,362€26,587▼
Financial fixed assets28€448€448=
Current assets29/58€108,347€184,588▲
Amounts receivable within one year40/41€108,347€182,908▲
Trade receivables40€86,543€150,600▲
Other amounts receivable41€21,804€32,308▲
Cash at bank and in hand54/58€0€1,680▲
Equity and liabilities
Total equity and liabilities10/49€182,893€255,327▲
Equity10/15€51,942€73,626▲
Contributions10/11€5,000€5,000=
Capital10€5,000€5,000=
Issued capital100€5,000€5,000=
Profit (loss) carried forward14€46,942€68,626▲
Amounts payable17/49€130,951€181,700▲
Amounts payable after more than one year17€52,897€39,134▼
Financial debts170/4€52,897€39,134▼
Amounts payable within one year42/48€78,053€142,566▲
Current portion of amounts payable after more than one year42€19,791€13,763▼
Financial debts43€4,640€0▼
Credit institutions430/8€4,640€0▼
Trade debts44€1,032€109,622▲
Suppliers440/4€1,032€109,622▲
Taxes, remuneration and social security45€15,728€19,181▲
Taxes450/3€15,728€19,181▲
Remuneration and social security454/9-€0
Other amounts payable47/48€36,862€0▼
Income statement Code20212022
Turnover70€438,771€692,915▲
Goods, raw materials, services and sundry goods60/61€351,536€636,498▲
Remuneration, social security and pensions62€1,336€728▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,714€18,554▲
Other operating charges640/8€280€6,127▲
Gross operating margin9900€87,236€56,417▼
Operating profit (loss)9901€68,906€31,008▼
Financial income75/76B€54€77▲
Recurring financial income75€54€77▲
Financial charges65/66B€3,592€3,379▼
Recurring financial charges65€3,592€3,379▼
Profit (loss) for the period before taxes9903€65,369€27,705▼
Income taxes67/77€10,577€6,021▼
Profit (loss) for the period9904€54,792€21,684▼
Profit (loss) for the period to be appropriated9905€54,792€21,684▼
Appropriation of the result
Profit (loss) to be appropriated9906€54,942€68,626▲
Profit (loss) brought forward from the previous period14P€151€46,942▲
Profit to be distributed694/7€8,000€0▼
Directors or managers695€8,000€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
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%
Line202020212022Change
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%
Line202020212022Change
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-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2022 micro format 31-10-2023 2023-00499398
31-12-2021 micro format 01-01-2023 2023-20550684
31-12-2020 micro format 21-11-2021 2021-78300348

Similar companies · same sector, comparable size

Of the 15,150 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,367. 6,194 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 17 March 2020, BVI CONSTRUCT was incorporated as a private limited company.1 Turnover went from €390,560 in 2020 to €692,915 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2022

Acts, filings and financial milestones

2023
31-10
NBB filing Annual accounts filed
financial year 2022 · micro format · 92 days late
01-01
NBB filing Annual accounts filed
financial year 2021 · micro format · 154 days late
2021
31-12
Financial Highest result from 2020 to 2022net €54,792 ▲36,265%
Operating result €68,906, net result €54,792, both a record.
21-11
NBB filing Annual accounts filed
financial year 2020 · micro format · 113 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded17-03-2020
Financial 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 Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0745.469.843

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kraainem · 1 establishment unit since 2020
registered office establishment approximate The establishment unit on the map
Ground area
1.5 ha
Building footprint
865 m²
Building volume
33,994 m³
2 parcels, Flanders · tallest building 42.8 m. Linked by address, not a title deed.
961 companies at this address See who is registered here
1 establishment unit
BVI Construct
Steenweg op Mechelen 565, 1950 KraainemSawmilling and planing of wood
since 2020unit no. 2.333.550.576
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14
22002C0074/00D006indicative Flanders 3,919 m² - -
How the parcels are linked
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.