BXL DESIGN CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BXL DESIGN CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €23,808 and a net result of €667. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 28254 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2023
Profitability69▼-6
Solvency33▼-19
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 1.03 in 2023; short-term debt: 91.5% and cash: 3.3% of total assets), and 91.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 28254 sector peers (2025).
NBB · sector comparisonPosition among 28254 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 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
30 d late
2023
120 d late
2022
366 d late
2021
163 d late
2020
142 d late
2019
129 d late
2018
72 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 146 days after the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover
€99,954▲ 29.8%
2020 · €76,997
EBIT margin
3.6%▲ 9.5pp
2020 · -5.9%
Net result
€667▼ 84.2%
2023 · €4,231
Working capital
€21,066▲ 1,125%
2023 · €1,720
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
Line20202021202220232025
Turnover€76,997▲ 96.3%€99,954▲ 29.8%
Operating result-€4,527€3,584€6,632▲ 85.0%€7,688▲ 15.9%€2,648-
Net result-€7,378below the sector's middle half€509below the sector's middle half€5,270within the sector's middle half▲ 936%€4,231within the sector's middle half▼ 19.7%€667within the sector's middle half-
EBIT margin-5.9%▼ 35.0pp3.6%▲ 9.5pp
Equity€13,131below the sector's middle half▼ 36.0%€13,640below the sector's middle half▲ 3.9%€18,910below the sector's middle half▲ 38.6%€23,141within the sector's middle half▲ 22.4%€23,808within the sector's middle half-
Total assets€46,167below the sector's middle half▲ 29.8%€38,396below the sector's middle half▼ 16.8%€74,974within the sector's middle half▲ 95.3%€87,028within the sector's middle half▲ 16.1%€284,924within the sector's middle half-
Debt€33,035▲ 119%€24,756▼ 25.1%€56,064▲ 126%€63,887▲ 14.0%€261,116-
Working capital€10,709within the sector's middle half▼ 42.7%€3,141below the sector's middle half▼ 70.7%€4,624below the sector's middle half▲ 47.2%€1,720below the sector's middle half▼ 62.8%€21,066within the sector's middle half-
Solvency28.4%within the sector's middle half▼ 29.2pp35.5%within the sector's middle half▲ 7.1pp25.2%within the sector's middle half▼ 10.3pp26.6%within the sector's middle half▲ 1.4pp8.4%below the sector's middle half-
Current ratio1.32within the sector's middle half▼ 0.921.13within the sector's middle half▼ 0.201.08below the sector's middle half▼ 0.041.03below the sector's middle half▼ 0.061.08below the sector's middle half-
Return on assets (ROA)-16.0%below the sector's middle half▼ 40.8pp1.3%within the sector's middle half▲ 17.3pp7.0%within the sector's middle half▲ 5.7pp4.9%within the sector's middle half▼ 2.2pp0.2%below the sector's middle half-
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 is €2,648 in 2025, compared with €7,688 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €284,924
Fixed assets
€3,161 ▼ 85.2%
Current assets
€281,763 ▲ 329%
Equity and liabilities €284,924
Equity
€23,808 ▲ 2.9%
Debt
€261,116 ▲ 309%
Debt's share of the balance-sheet total rises from 73.4% to 91.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,051▼
2023 · €15,737
Cash flow
€8,070▼
2023 · €12,280
Debt to equity
10.97▲
2023 · 2.76
ROE
2.8%▼
2023 · 18.3%
Interest coverage
9.74▲
2023 · 8.76
Debt ≤ 1 year
€260,698▲
2023 · €63,887
Income taxes
€949▼
2023 · €1,661
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,377 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.0%
went bankrupt
1.6%
stopped otherwise
96%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,377 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €76,997 | €99,954 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €35,006 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €88,594 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €2,499 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €446 | €3,258 | €3,858 | €8,049 | €7,403 | - |
| Other operating charges640/8 | - | €2,291 | €949 | €2,618 | €1,525 | - |
| Gross operating margin9900 | -€714 | €11,632 | €11,439 | €18,355 | €11,575 | - |
| Operating profit (loss)9901 | -€4,527 | €3,584 | €6,632 | €7,688 | €2,648 | - |
| Financial income75/76B | - | €18 | €774 | - | - | - |
| Recurring financial income75 | €31 | €18 | €774 | - | - | - |
| Financial charges65/66B | - | €3,093 | €2,136 | €1,796 | €1,032 | - |
| Recurring financial charges65 | €2,882 | €3,093 | €2,136 | €1,796 | €1,032 | - |
| Profit (loss) for the period before taxes9903 | -€7,378 | €509 | €5,270 | €5,892 | €1,616 | - |
| Income taxes67/77 | - | - | - | €1,661 | €949 | - |
| Profit (loss) for the period9904 | -€7,378 | €509 | €5,270 | €4,231 | €667 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,378 | €509 | €5,270 | €4,231 | €667 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,167 | €38,396 | €74,974 | €87,028 | €284,924 | - |
| Fixed assets21/28 | €2,422 | €10,499 | €14,286 | €21,421 | €3,161 | - |
| Tangible fixed assets22/27 | €2,182 | €10,259 | €14,046 | €21,181 | €2,921 | - |
| Furniture and vehicles24 | - | €10,259 | €14,046 | €21,181 | €2,921 | - |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | €240 | - |
| Current assets29/58 | €43,745 | €27,897 | €60,688 | €65,607 | €281,763 | - |
| Amounts receivable within one year40/41 | €41,857 | €26,683 | €57,650 | €63,991 | €271,877 | - |
| Trade receivables40 | - | €4,235 | €19,476 | €11,106 | €82,992 | - |
| Other amounts receivable41 | - | €22,448 | €38,174 | €52,885 | €188,885 | - |
| Cash at bank and in hand54/58 | €476 | €820 | €2,998 | €1,561 | €9,286 | - |
| Deferred charges and accrued income490/1 | - | €393 | €40 | €55 | €600 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,167 | €38,396 | €74,974 | €87,028 | €284,924 | - |
| Equity10/15 | €13,131 | €13,640 | €18,910 | €23,141 | €23,808 | - |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Profit (loss) carried forward14 | -€5,469 | -€4,960 | €310 | €4,541 | €5,208 | - |
| Amounts payable17/49 | €33,035 | €24,756 | €56,064 | €63,887 | €261,116 | - |
| Amounts payable within one year42/48 | €33,035 | €24,756 | €56,064 | €63,887 | €260,698 | - |
| Current portion of amounts payable after more than one year42 | - | €774 | - | - | - | - |
| Financial debts43 | - | - | - | - | €1,321 | - |
| Credit institutions430/8 | - | - | - | - | €1,321 | - |
| Trade debts44 | €28,273 | €23,475 | €36,621 | €48,326 | €60,997 | - |
| Suppliers440/4 | - | €23,475 | €36,621 | €48,326 | €60,997 | - |
| Taxes, remuneration and social security45 | - | €507 | €1,442 | €1,661 | €601 | - |
| Taxes450/3 | - | €351 | €1,442 | €1,661 | €601 | - |
| Remuneration and social security454/9 | - | €156 | - | - | - | - |
| Other amounts payable47/48 | - | - | €18,000 | €13,900 | €197,778 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €418 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,378 | €509 | €5,270 | €4,231 | €667 | - |
| + Depreciation and write-downs630 | €446 | €3,258 | €3,858 | €8,049 | €7,403 | - |
| Operating cash flow (approximation) | -€6,932 | €3,767 | €9,129 | €12,280 | €8,070 | - |
| Investment in fixed assets (approximation) | - | -€11,335 | -€7,645 | -€15,184 | - | - |
| Change in cash | - | €344 | €2,178 | -€1,437 | - | - |
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
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 120 days late
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 366 days late
2023
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 163 days late
2021
31-12
Financial
Back to profitnet €509
Net result €509 after one loss-making year.
20-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
2020
31-12
Financial
Weakest financial yearnet -€7,378
Net result drops to -€7,378, the lowest in the series; recovery starts the following year.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
31-12
Financial
Highest result since 2018net €8,839 ▲113%
Operating result €11,436, net result €8,839, both a record.
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 72 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
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.
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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, Brussel · 1 establishment unit since 2015
Ground area
197 m²
Building footprint
167 m²
Volume, LiDAR
2,766 m³
Parcel 21809K0558/00D002, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BXL DESIGN CONSTRUCT
since 20152.243.651.273
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0558/00D002 | Brussels | 197 m² | 1 · 167 m² | 20.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 5,436 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
Founded12-05-2015
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0629994115
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.