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BYGHY CONSTRUCT

Bankruptcy
Private limited company (pre-2019)founded 2017Grote Plaats(E) 50, 7850 Enghien, BelgiumKBO/BCE: BE 0670.495.474
Summary

The KBO register records for BYGHY CONSTRUCT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €28,597 and a net result of €14,715.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 28051 sector peers (2025).
NBB · sector comparison
Position among 28051 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
on the day
2024
3 d early
2023
3 d late
2022
2 d early
2021
2 d early
2020
on the day
2019
28 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 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-08-2026 close26-09-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 January 2017, BYGHY CONSTRUCT was incorporated.1 Revenue went from EUR 374,722 in 2019 to EUR 335,759 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€335,759▼ 6.6%
2020 · €359,411
EBIT margin
-9.0%▼ 10.9pp
2020 · 1.8%
Net result
€14,715
2024 · -€2,144
Working capital
€6,520
2024 · -€4,391
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€335,759▼ 6.6%
Operating result-€30,363-€1,993▲ 93.4%€19,388€505▼ 97.4%€21,906▲ 4,241%
Net result-€32,549-€5,406▲ 83.4%€17,329-€2,144€14,715
EBIT margin-9.0%▼ 10.9pp
Equity€4,104▼ 88.8%-€1,303€16,026€13,882▼ 13.4%€28,597▲ 106%
Total assets€186,591▼ 16.7%€98,946▼ 47.0%€113,312▲ 14.5%€120,813▲ 6.6%€128,034▲ 6.0%
Debt€182,487▼ 2.6%€100,249▼ 45.1%€97,286▼ 3.0%€106,931▲ 9.9%€99,437▼ 7.0%
Working capital-€48,522▼ 243%-€20,541▲ 57.7%€19,532-€4,391€6,520
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€30,363-€30,363Net result 2021: -€32,549-€32,549Operating result 2022: -€1,993-€1,993Net result 2022: -€5,406-€5,406Operating result 2023: €19,388€19,388Net result 2023: €17,329€17,329Operating result 2024: €505€505Net result 2024: -€2,144-€2,144Operating result 2025: €21,906€21,906Net result 2025: €14,715€14,71520212022202320242025-€10,000€0€10,000€20,000Operating result 2023: €19,388€19,400Net result 2023: €17,329€17,300Operating result 2024: €505€505Net result 2024: -€2,144-€2,140Operating result 2025: €21,906€21,900Net result 2025: €14,715€14,700202320242025
The operating result recovers in 2025; 2025 is 4,241% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128,034
Fixed assets €22,077 ▲ 20.8%
Current assets €105,957 ▲ 3.3%
Equity and liabilities €128,034
Equity €28,597 ▲ 106%
Debt €99,437 ▼ 7.0%
Debt's share of the balance-sheet total falls from 88.5% to 77.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43,418▲
2024 · €14,904
Cash flow
€36,228▲
2024 · €12,255
Current ratio
1.07▲
2024 · 0.96
Debt to equity
3.48▼
2024 · 7.70
ROE
51.5%▲
2024 · -15.4%
ROA
11.5%▲
2024 · -1.8%
Interest coverage
44.90▲
2024 · 7.93
Debt ≤ 1 year
€99,437▼
2024 · €106,931
Income taxes
€6,224▲
2024 · €770
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 · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€120,813€128,034▲
Fixed assets21/28€18,273€22,077▲
Tangible fixed assets22/27€17,738€21,542▲
Plant, machinery and equipment23€0€81▲
Furniture and vehicles24€17,738€21,461▲
Financial fixed assets28€535€535=
Current assets29/58€102,539€105,957▲
Amounts receivable within one year40/41€55,927€51,468▼
Trade receivables40€50,520€48,604▼
Other amounts receivable41€5,406€2,864▼
Cash at bank and in hand54/58€46,613€54,489▲
Equity and liabilities
Total equity and liabilities10/49€120,813€128,034▲
Equity10/15€13,882€28,597▲
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Reserves13€1,424€1,424=
Non-distributable reserves130/1€1,424€1,424=
Legal reserve130€1,424€1,424=
Profit (loss) carried forward14€6,258€20,973▲
Amounts payable17/49€106,931€99,437▼
Amounts payable within one year42/48€106,931€99,437▼
Current portion of amounts payable after more than one year42€35,972€24,038▼
Trade debts44€431€36,383▲
Suppliers440/4€431€36,383▲
Taxes, remuneration and social security45€13,855€6,240▼
Taxes450/3-€6,240
Remuneration and social security454/9€13,855-
Other amounts payable47/48€56,673€32,776▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,399€21,512▲
Other operating charges640/8€5,815€6,077▲
Gross operating margin9900€20,719€49,496▲
Operating profit (loss)9901€505€21,906▲
Financial charges65/66B€1,879€967▼
Recurring financial charges65€1,879€967▼
Profit (loss) for the period before taxes9903-€1,374€20,939▲
Income taxes67/77€770€6,224▲
Profit (loss) for the period9904-€2,144€14,715▲
Profit (loss) for the period to be appropriated9905-€2,144€14,715▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,258€20,973▲
Profit (loss) brought forward from the previous period14P€8,402€6,258▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€335,759-----
Goods, raw materials, services and sundry goods60/61-€251,192----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,526€64,453€41,688€14,399€21,512▲ 49.4%
Other operating charges640/8-€4,129€2,172€5,815€6,077▲ 4.5%
Gross operating margin9900€14,092€66,589€63,248€20,719€49,496▲ 139%
Operating profit (loss)9901-€30,363-€1,993€19,388€505€21,906▲ 4,241%
Financial charges65/66B-€3,414€2,059€1,879€967▼ 48.5%
Recurring financial charges65€2,187€3,414€2,059€1,879€967▼ 48.5%
Profit (loss) for the period before taxes9903-€32,549-€5,406€17,329-€1,374€20,939▲ 1,624%
Income taxes67/77---€770€6,224▲ 708%
Profit (loss) for the period9904-€32,549-€5,406€17,329-€2,144€14,715▲ 786%
Profit (loss) for the period to be appropriated9905-€32,549-€5,406€17,329-€2,144€14,715▲ 786%
Line20212022202320242025Change
Assets
Total assets20/58€186,591€98,946€113,312€120,813€128,034▲ 6.0%
Fixed assets21/28€136,426€72,634€31,306€18,273€22,077▲ 20.8%
Tangible fixed assets22/27€136,426€72,634€30,946€17,738€21,542▲ 21.4%
Plant, machinery and equipment23-€2,411€331€0€81-
Furniture and vehicles24-€44,619€30,615€17,738€21,461▲ 21.0%
Leasing and similar rights25-€25,605----
Financial fixed assets28--€360€535€535=
Current assets29/58€50,165€26,312€82,006€102,539€105,957▲ 3.3%
Amounts receivable within one year40/41€14,042€13,419€30,572€55,927€51,468▼ 8.0%
Trade receivables40-€10,756€23,685€50,520€48,604▼ 3.8%
Other amounts receivable41-€2,664€6,886€5,406€2,864▼ 47.0%
Cash at bank and in hand54/58€36,122€12,893€51,434€46,613€54,489▲ 16.9%
Equity and liabilities
Total equity and liabilities10/49€186,591€98,946€113,312€120,813€128,034▲ 6.0%
Equity10/15€4,104-€1,303€16,026€13,882€28,597▲ 106%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200€6,200€6,200=
Issued capital100-€18,600€18,600€18,600€18,600=
Uncalled capital101-€12,400€12,400€12,400€12,400=
Reserves13€1,424€1,424€1,424€1,424€1,424=
Non-distributable reserves130/1-€1,424€1,424€1,424€1,424=
Legal reserve130-€1,424€1,424€1,424€1,424=
Profit (loss) carried forward14-€3,520-€8,926€8,402€6,258€20,973▲ 235%
Amounts payable17/49€182,487€100,249€97,286€106,931€99,437▼ 7.0%
Amounts payable after more than one year17€83,800€53,396€34,812---
Financial debts170/4-€53,396€34,812---
Amounts payable within one year42/48€98,687€46,853€62,473€106,931€99,437▼ 7.0%
Current portion of amounts payable after more than one year42-€30,850€25,496€35,972€24,038▼ 33.2%
Trade debts44€6,858€212€694€431€36,383▲ 8,351%
Suppliers440/4-€212€694€431€36,383▲ 8,351%
Taxes, remuneration and social security45-€6,845€30,120€13,855€6,240▼ 55.0%
Taxes450/3-€700--€6,240-
Remuneration and social security454/9-€6,145€30,120€13,855--
Other amounts payable47/48-€8,946€6,164€56,673€32,776▼ 42.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€32,549-€5,406€17,329-€2,144€14,715▲ 786%
+ Depreciation and write-downs630€41,526€64,453€41,688€14,399€21,512▲ 49.4%
Operating cash flow (approximation)€8,977€59,046€59,017€12,255€36,228▲ 196%
Investment in fixed assets (approximation)--€660-€360-€1,367-€25,317▼ 1,753%
Change in cash--€23,230€38,542-€4,822€7,876▲ 263%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-03-2027
2026
31-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
Financial Back to profitnet €14,715
Net result €14,715 after one loss-making year.
28-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
31-08
Financial Back to profitnet €17,329
Net result €17,329 after 2 loss-making years.
31-08
Financial Liquidity doublescurrent ratio 1.31
Current ratio from 0.56 to 1.31.
29-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
Financial Weakest financial yearnet -€32,549
Net result drops to -€32,549, the lowest in the series.
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
15-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Enghien · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
239 m²
Building footprint
118 m²
Parcel 55010D0046/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
BYGHY CONSTRUCT
Grote Plaats(E) 50, 7850 EnghienSpecialised construction activities
since 20172.260.959.736
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55010D0046/00H000 Wallonia 239 m² 1 · 118 m² -
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.

Similar companies · same sector, comparable size

Of 11,137 companies in sector 43910 we hold annual accounts for 5,491. 4,326 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 (pre-2019)
Founded27-01-2017
Fiscal year end31-08
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43990Other specialised construction activities

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