BVM CONSTRUCT
ActiveBVM CONSTRUCT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €830. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+40
Solvency28▲+10
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.05 in 2024), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1887 sector peers (2025).
NBB · sector comparisonPosition among 1887 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
70 d late
2023
75 d late
2022
63 d late
2021
12 d late
2020
30 d late
2019
167 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▲ 13.7%
2024 · €6k
2018: €3k
2019: €-3k
2020: €4k
2021: €244
2022: €5k
2023: €6k
2024: €6k
2018 → 2025
Total assets
€45k▼ 32.5%
2024 · €66k
2018: €9k
2019: €18k
2020: €21k
2021: €3k
2022: €72k
2023: €106k
2024: €66k
2018 → 2025
Net result
€830▲ 236%
2024 · €247
2018: €74k
2019: €-5k
2020: €7k
2021: €-4k
2022: €4k
2023: €1k
2024: €247
2018 → 2025
Working capital
€10k▲ 250%
2024 · €3k
2018: €2k
2019: €-3k
2020: €4k
2021: €244
2022: €17k
2023: €62k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€244-€5k▲ 1,828%€6k▲ 23.6%€6k▲ 4.2%€7k▲ 13.7%
Operating result€-101-€5k€2k▼ 68.1%€1k▼ 10.4%€2k▲ 31.7%
Net result€-4k-€4k€1k▼ 75.1%€247▼ 77.7%€830▲ 236%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€3k▼ 6.3%
Current assets
€42k▼ 33.8%
Equity and liabilities €45k
Equity
€7k▲ 13.7%
Debt
€38k▼ 37.2%
The debt ratio falls from 90.8% to 84.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2k▲
2024 · €2k
Cash flow
€1k▲
2024 · €451
Solvency
15.5%▲
2024 · 9.2%
Current ratio
1.31▲
2024 · 1.05
Quick ratio
1.31▲
2024 · 1.05
Debt / equity
5.47▼
2024 · 9.89
ROE
12.0%▲
2024 · 4.1%
ROA
1.9%▲
2024 · 0.4%
Interest coverage
0.68▼
2024 · 12.79
Debt
€38k▼
2024 · €60k
Debt ≤ 1 year
€32k▼
2024 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€66k€45k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23€3k€3k=
Furniture and vehicles24€612€408▼
Current assets29/58€63k€42k▼
Amounts receivable within one year40/41€50k€35k▼
Trade receivables40€28k€472▼
Other amounts receivable41€22k€35k▲
Cash at bank and in hand54/58€639€600▼
Deferred charges and accrued income490/1€12k€6k▼
Equity and liabilities
Total equity and liabilities10/49€66k€45k▼
Equity10/15€6k€7k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-14k€-14k▲
Amounts payable17/49€60k€38k▼
Amounts payable within one year42/48€60k€32k▼
Current portion of amounts payable after more than one year42€12k€12k=
Trade debts44€48k€20k▼
Suppliers440/4€48k€20k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Remuneration, social security and pensions62€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204€204=
Other operating charges640/8€144-
Gross operating margin9900€7k€2k▼
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€3€2k▲
Recurring financial income75€3€2k▲
Financial charges65/66B€124€3k▲
Recurring financial charges65€124€3k▲
Profit (loss) for the period before taxes9903€1k€830▼
Income taxes67/77€1k-
Profit (loss) for the period9904€247€830▲
Profit (loss) for the period to be appropriated9905€247€830▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-14k▲
Profit (loss) brought forward from the previous period14P€-15k€-14k▲
Transfer from equity791/2-€0
Transfer to equity691/2-€0
To contributions691-€0
Shareholders' contribution to the loss794-€0
Profit to be distributed694/7-€0
Return on contributions (dividend)694-€0
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 167 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet €-5k ▼107%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortenaken · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Helstraat 143471 KortenakenGround area
794 m²
Building footprint
166 m²
Volume, LiDAR
721 m³
Parcel 24042B0162/00V000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Helstraat 14, 3471 Kortenaken
since 20032.127.161.894
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24042B0162/00V000 | Flanders | 794 m² | 1 · 166 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SAWD
BE 0546.865.907
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S.L. PRODUCT
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AT POORTEN
BE 0746.769.742
Geel · Eq €9k
Of 904 companies in sector 25120 we hold annual accounts for 673. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2003
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
28120
71340
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.