Checked.be
Active
BE 0831.802.714Private limited company
BVL CONSTRUCT
Van Souststraat 226 ·1070 Anderlecht, Belgium· 15 yrs active
Sector: Other specialised construction activities
(43990)
Conclusion
BVL CONSTRUCT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €10k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 26547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €48k |
| Net result | €10k |
| Better than sector | 75% |
| Active | 15 yrs |
Financial profile
86
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
60
Solvency
100
Growth
71
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2010, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
100
/ 100
Excellent
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€5k
estimate, not credit advice
Score history
81
2021
96
2022
100
2023
100
2024
100
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 3.11 (≥ 1.5)
+10
Quick ratio
Quick ratio 3.11 (≥ 1.0)
+5
Leverage
Debt/equity 0.42 (< 1.0)
+10
Profitability
ROE 20% (≥ 10%)
+10
EBITDA margin
EBITDA-marge 7%
+2
Interest coverage
Interest coverage 11.1× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-04-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~23.1%/year over 5 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).
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 70.2% | 47.4% | |
| Net result | €10k | €10k | |
| Equity | €48k | €60k | |
| Gross operating margin | €16k | €39k | |
| Total assets | €68k | €141k |
€228k
+5.2%
21-25
€15k
+9.1%
21-25
€10k
+14.7%
21-25
€12k
+19.7%
21-25
€68k
+33.1%
21-25
€48k
+25.8%
21-25
€43k
+28.8%
21-25
€3k
-11.7%
21-25
€20k
+54.2%
21-25
€20k
+54.2%
21-25
3.11
-11.8%
21-25
3.11
-11.8%
21-25
70.2%
-5.5%
21-25
0.42
+22.6%
21-25
20.5%
-8.8%
21-25
14.4%
-13.8%
21-25
4.3%
+9.1%
21-25
6.8%
+3.8%
21-25
11.07
+4.0%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €228k | €217k | €227k | €166k | €170k |
| EBITDA | €15k | €14k | €11k | €4k | €2k |
| Net profit | €10k | €9k | €5k | €705 | €693 |
| Cash flow | €12k | €10k | €8k | €1k | €698 |
| Staff costs | - | - | - | - | - |
| Income taxes | €3k | €3k | €3k | €2k | €2k |
| Dividends | - | - | - | - | - |
| Total assets | €68k | €51k | €47k | €33k | €48k |
| Equity | €48k | €38k | €29k | €24k | €24k |
| Debt | €20k | €13k | €18k | €9k | €24k |
| of which ≤ 1y | €20k | €13k | €18k | €9k | €24k |
| of which > 1y | - | - | - | - | - |
| Working capital | €43k | €33k | €17k | €21k | €22k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 3.11 | 3.52 | 1.97 | 3.26 | 1.93 |
| Quick ratio | 3.11 | 3.52 | 1.97 | 3.26 | 1.93 |
| Working capital ratio | 62.8% | 64.9% | 36.4% | 62.2% | 47.0% |
| Solvency | 70.2% | 74.3% | 62.6% | 72.5% | 49.5% |
| Debt / equity | 0.42 | 0.35 | 0.60 | 0.38 | 1.02 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 11.07 | 10.64 | 12.95 | 3.83 | 4.19 |
| Gross margin | 7.1% | 6.8% | 5.6% | 2.9% | 1.6% |
| Net margin | 4.3% | 3.9% | 2.3% | 0.4% | 0.4% |
| ROA | 14.4% | 16.7% | 10.9% | 2.1% | 1.5% |
| ROE | 20.5% | 22.5% | 17.5% | 2.9% | 2.9% |
| EBITDA margin | 6.8% | 6.5% | 5.0% | 2.3% | 1.4% |
| Days sales outstanding | 72d | 40d | 13d | 25d | 81d |
| Days payable outstanding | 22d | 9d | 10d | 5d | 42d |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €68k | €51k | €47k | €33k | €48k |
| Fixed assets | 21/28 | €5k | €5k | €12k | €3k | €1k |
| Tangible fixed assets | 22/27 | €5k | €5k | €12k | €3k | €1k |
| Current assets | 29/58 | €63k | €46k | €35k | €30k | €46k |
| Amounts receivable within one year | 40/41 | €54k | €29k | €16k | €18k | €45k |
| Cash & bank | 54/58 | €7k | €15k | €19k | €12k | €1k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €68k | €51k | €47k | €33k | €48k |
| Equity | 10/15 | €48k | €38k | €29k | €24k | €24k |
| Contributions / capital | 10/11 | €8k | €8k | €8k | €6k | €6k |
| Reserves | 13 | - | - | - | €2k | €2k |
| Accumulated profits (losses) | 14 | €40k | €30k | €21k | €16k | €15k |
| Amounts payable | 17/49 | €20k | €13k | €18k | €9k | €24k |
| Amounts payable within one year | 42/48 | €20k | €13k | €18k | €9k | €24k |
| Trade debts payable within one year | 44 | €13k | €5k | €6k | €2k | €19k |
| Income statement | ||||||
| Turnover | 70 | €228k | €217k | €227k | €166k | €170k |
| Gross operating margin | 9900 | €16k | €15k | €13k | €5k | €3k |
| Operating result | 9901 | €13k | €13k | €9k | €3k | €2k |
| Financial income | 75 | €595 | €238 | €311 | €322 | €576 |
| Financial charges | 65 | €1k | €1k | €884 | €1k | €586 |
| Result before taxes | 9903 | €13k | €12k | €8k | €3k | €2k |
| Income taxes | 67/77 | €3k | €3k | €3k | €2k | €2k |
| Net result for the period | 9904 | €10k | €9k | €5k | €705 | €693 |
| Result to be appropriated | 9905 | €10k | €9k | €5k | €705 | €693 |
Legal Structure
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 10-12-2010 |
| Status | Active |
| Postal code | 1070 |
Establishment units
BVL construct
since 20112.194.674.587
Real-estate footprint
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0084/00G018 | Brussels | 325 m² | 1 · 300 m² | 26.3 m · 6 fl. |
| 21302A0051/00D003 | Brussels | 267 m² | 1 · 272 m² | 12.5 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-10
Financial
Highest result since 2021net €10k ▲14.7%
Operating result €13k, net result €10k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Other specialised construction activities43990Specialised construction activities43999Freight transport by road49410General cleaning of buildings81210Other cleaning activities81230
Names & trade names
| Legal nameFR | BVL CONSTRUCT |
Similar companies
RG ENTREPRISE
BE 0805.127.714 · Kraainem
KATA & KOR
BE 0770.539.195 · Wezembeek-Oppem
TDI INVEST
BE 0674.379.335 · Zemst
HOME DIRECT
BE 0631.815.537 · Kortenberg
ARTEP GROUP
BE 0474.324.951 · Liège