Equity
BVV CONSTRUCT has made a profit in every financial year since 2021.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 39% of them on solvency, 22% on liquidity, 91% on profitability and 75% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-07-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as BVV CONSTRUCT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BVV CONSTRUCT itself is higher: 3.6% within 12 months. It rests on far more data about BVV CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for BVV CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.63 (0.77 in 2024), below 1. Short-term debt is 67.9% and cash 10.6% of total assets. 67.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 20 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BVV CONSTRUCT Affligem | €123,205 | €71,648 | 32.1% | - |
| ART PROJEKT Affligem | €121,746 | €86,542 | 13.6% | - |
| BenSo-TEC Bertem | €124,220 | €70,775 | 85.5% | - |
| LIGHTNING FONDATION Machelen (Brab.) | €134,089 | €67,349 | 53.7% | - |
| PARALLAXE Overijse | €129,110 | €74,385 | -8.3% | - |
| DUCAD Drogenbos | €123,870 | €78,662 | 45.9% | - |
| TM PRO Zaventem | €134,498 | €79,224 | 24.7% | - |
These companies have the same main activity as BVV CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €122,000 and €134,000, founded between 2020 and 2021.
BVV CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €24,620 in 2021 to €71,648 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 42% of 2,818 companies in 2025.
Higher than 10% of 2,746 companies in 2025.
Higher than 90% of 2,782 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
123,205 | 231,709 | 113,972 | 52,114 | 120,701 | |
21/28 |
70,809 | 86,843 | 55,267 | 1,538 | 2,372 | |
22/27 |
70,809 | 86,843 | 55,267 | 1,538 | 2,372 | |
23 |
3,696 | 2,210 | 3,165 | 1,538 | 963 | |
24 |
67,113 | 84,633 | 52,102 | - | 1,409 | |
29/58 |
52,396 | 144,866 | 58,705 | 50,577 | 118,329 | |
40/41 |
39,364 | 133,253 | 32,963 | 33,145 | 110,540 | |
40 |
34,445 | 114,077 | - | 30,350 | 107,315 | |
41 |
4,919 | 19,176 | 32,963 | 2,795 | 3,225 | |
54/58 |
13,032 | 11,614 | 25,743 | 17,432 | 7,789 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
123,205 | 231,709 | 113,972 | 52,114 | 120,701 | |
10/15 |
39,552 | 28,720 | 21,761 | 15,025 | 7,163 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
11 |
- | - | - | - | 1,000 | |
1109/19 |
- | - | - | - | 1,000 | |
14 |
38,552 | 27,720 | 20,761 | 14,025 | 6,163 | |
17/49 |
83,654 | 202,990 | 92,211 | 37,090 | 113,538 | |
17 |
- | 14,179 | 16,135 | - | - | |
170/4 |
- | 14,179 | 16,135 | - | - | |
42/48 |
83,654 | 188,811 | 76,076 | 37,090 | 113,538 | |
42 |
14,179 | 32,087 | 11,368 | - | - | |
44 |
25,211 | 144,644 | 59,775 | 28,453 | 88,242 | |
440/4 |
25,211 | 25,992 | 59,775 | 28,453 | 39,761 | |
441 |
- | 118,653 | - | - | 48,482 | |
45 |
21,101 | 12,080 | 4,933 | 7,336 | 10,896 | |
450/3 |
4,701 | 2,950 | 4,933 | 2,736 | 2,146 | |
454/9 |
16,400 | 9,130 | - | 4,600 | 8,750 | |
47/48 |
23,164 | - | - | 1,300 | 14,400 | |
| Income statement | ||||||
70 |
- | 714,869 | 577,211 | 458,648 | 393,734 | |
9900 |
71,648 | 36,379 | 25,356 | 14,190 | 24,620 | |
60/61 |
- | 678,490 | 551,855 | 444,458 | 369,114 | |
630 |
20,061 | 19,161 | 12,278 | 1,847 | 2,402 | |
640/8 |
6,134 | 2,711 | 1,828 | 1,461 | 385 | |
9901 |
45,454 | 14,507 | 11,250 | 10,882 | 21,834 | |
75/76B |
- | 1,095 | 971 | - | - | |
75 |
- | 1,095 | 971 | - | - | |
65/66B |
3,313 | 5,659 | 3,088 | 126 | 525 | |
65 |
3,313 | 5,659 | 3,088 | 126 | 525 | |
9903 |
42,141 | 9,943 | 9,133 | 10,756 | 21,308 | |
780 |
- | - | - | 42 | - | |
67/77 |
8,309 | 2,985 | 2,397 | 2,936 | 2,146 | |
9904 |
33,832 | 6,958 | 6,736 | 7,862 | 19,163 | |
9905 |
33,832 | 6,958 | 6,736 | 7,862 | 19,163 | |
| Appropriation of the result | ||||||
9906 |
61,552 | 27,720 | 20,761 | 14,025 | 19,163 | |
14P |
27,720 | 20,761 | 14,025 | 6,163 | - | |
694/7 |
23,000 | - | - | - | 13,000 | |
695 |
23,000 | - | - | - | 13,000 | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-03-2026.
2025 annual accounts filed 3 days after the deadline. Filed on 3 March 2026, deadline 28 February 2026 (7 months after the close on 31 July 2025, Companies Code art. 3:10). Source: NBB, 2026-00049297.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-07-2025 | abbreviated format | 03-03-2026 | 2026-00049297 | |
| 31-07-2024 | abbreviated format | 18-02-2025 | 2025-00037263 | |
| 31-07-2023 | abbreviated format | 04-01-2024 | 2024-00544181 | |
| 31-07-2022 | abbreviated format | 25-01-2023 | 2023-00005254 | |
| 31-07-2021 | micro format | 25-02-2022 | 2022-06600334 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 65,514 | 33,668 | 23,528 | 12,729 | 24,235 | ||
| 53,893 | 26,119 | 19,014 | 9,709 | 21,565 | ||
| 4,027 | 50,737 | 66,007 | 1,013 | 4,773 | ||
| 1,419 | -14,129 | 8,311 | 9,643 | - | ||
| -31,257 | -43,944 | -17,371 | 13,487 | 4,791 | ||
| - | 2.0% | 1.9% | 2.4% | 5.5% | ||
| 32.1% | 12.4% | 19.1% | 28.8% | 5.9% | ||
| 0.63 | 0.77 | 0.77 | 1.36 | 1.04 | ||
| 2.12 | 7.07 | 4.24 | 2.47 | 15.85 | ||
| 85.5% | 24.2% | 31.0% | 52.3% | 267.5% | ||
| 27.5% | 3.0% | 5.9% | 15.1% | 15.9% | ||
| 19.78 | 5.95 | 7.62 | over 100 | - | ||
| - | 58 days | 21 days | 24 days | 99 days | ||
| - | 78 days | 40 days | 23 days | 87 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-07-2025 | 31-07-2024 | 31-07-2023 | 31-07-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,027 | €50,737 | €66,007 | €1,013 |
| €20,061 | €19,161 | €12,278 | €1,847 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 3.1 times that of 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 87.6% to 67.9%. Equity is higher and debt is lower.
BVV CONSTRUCT has no parent and no holdings in its annual accounts.
| BEL CONSTRUCT PRO
establishment since 19-02-2026 |
founded in 2026 1034.613.183 |
| BM De Koker - Van den Abeele
registered office since 02-07-2019 |
founded in 2019 0730.938.847 |
| Bortici, Vilian (sole trader)
establishment since 23-05-2019 |
founded in 2019 0727.444.966 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 28-02-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sparrenlaan 8 registered office 1790 Affligem 25110 Manufacture of metal structures and parts of structures | 08-09-2020 | 2.313.827.211 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23085A0817/00D000 | 767 m² | 1 · 205 m² | 7.5 m · 1 |
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. Use the enterprise number 0753.821.444
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