CLASSIC BUILD
ActiveSummary
CLASSIC BUILD has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,899 and a net result of €24,217. Equity is shrinking by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-45
Solvency47▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.34 in 2024; short-term debt: 77.6% and cash: 1.7% of total assets), and 77.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.3%
Return on assets
1.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 28281 sector peers (2025).
NBB · sector comparisonPosition among 28281 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €306,899
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
146 d late
2022
11 d early
2021
29 d late
2020
18 d late
2019
10 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 36 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€306,899▲ 8.6%
2024 · €282,682
Total assets
€1.4m▼ 1.3%
2024 · €1.4m
Net result
€24,217▼ 87.2%
2024 · €188,957
Working capital
-€773,332▼ 5.1%
2024 · -€735,791
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
Line20212022202320242025
Operating result-€78,500-€78,477=€80,985€251,002▲ 210%€82,617▼ 67.1%
Net result-€125,266below the sector's middle half-€105,773below the sector's middle half▲ 15.6%€21,572within the sector's middle half€188,957above the sector's middle half▲ 776%€24,217within the sector's middle half▼ 87.2%
Equity€297,926within the sector's middle half▼ 29.6%€192,153within the sector's middle half▼ 35.5%€213,725above the sector's middle half▲ 11.2%€282,682above the sector's middle half▲ 32.3%€306,899above the sector's middle half▲ 8.6%
Total assets€1.9mabove the sector's middle half▲ 12.3%€2.6mabove the sector's middle half▲ 34.1%€2.5mabove the sector's middle half▼ 2.5%€1.4mabove the sector's middle half▼ 45.0%€1.4mabove the sector's middle half▼ 1.3%
Debt€1.6m▲ 25.9%€2.4m▲ 46.7%€2.3m▼ 3.6%€1.1m▼ 52.1%€1.1m▼ 3.8%
Working capital-€1.2mbelow the sector's middle half▼ 7.9%-€726,880below the sector's middle half▲ 37.4%-€416,120below the sector's middle half▲ 42.8%-€735,791below the sector's middle half▼ 76.8%-€773,332below the sector's middle half▼ 5.1%
Solvency15.4%below the sector's middle half▼ 9.1pp7.4%below the sector's middle half▼ 8.0pp8.4%below the sector's middle half▲ 1.0pp20.3%below the sector's middle half▲ 11.8pp22.3%below the sector's middle half▲ 2.0pp
Current ratio0.29below the sector's middle half▲ 0.120.62below the sector's middle half▲ 0.330.77below the sector's middle half▲ 0.150.34below the sector's middle half▼ 0.430.28below the sector's middle half▼ 0.06
Return on assets (ROA)-6.5%below the sector's middle half▼ 9.1pp-4.1%below the sector's middle half▲ 2.4pp0.9%within the sector's middle half▲ 4.9pp13.5%within the sector's middle half▲ 12.7pp1.8%within the sector's middle half▼ 11.8pp
Staff (FTE)0.5below the sector's middle half=0.5below the sector's middle half=1▲ 100%0.6▼ 40.0%
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.1m ▲ 6.2%
Current assets
€295,305 ▼ 21.6%
Equity and liabilities €1.4m
Equity
€306,899 ▲ 8.6%
Debt
€1.1m ▼ 3.8%
Debt's share of the balance-sheet total falls from 79.7% to 77.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€135,818▼
2024 · €362,374
Cash flow
€77,418▼
2024 · €300,330
Quick ratio
0.03▼
2024 · 0.10
Debt to equity
3.49▼
2024 · 3.93
ROE
7.9%▼
2024 · 66.8%
Interest coverage
2.34▼
2024 · 5.91
Debt ≤ 1 year
€1.1m▼
2024 · €1.1m
Income taxes
€304▼
2024 · €716
Staff costs
€0▼
2024 · €17,016
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 4,681 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €12,000 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €16,355 | €27,626 | €20,069 | €17,016 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,879 | €39,879 | €33,859 | €111,372 | €53,201 | ▼ 52.2% |
| Other operating charges640/8 | €5,580 | €42,541 | €59,226 | €14,527 | €9,642 | ▼ 33.6% |
| Non-recurring operating charges66A | €10,593 | - | - | - | - | - |
| Gross operating margin9900 | -€6,092 | €31,569 | €194,139 | €393,917 | €145,461 | ▼ 63.1% |
| Operating profit (loss)9901 | -€78,500 | -€78,477 | €80,985 | €251,002 | €82,617 | ▼ 67.1% |
| Financial income75/76B | €1,234 | €16 | €0 | €0 | €1 | ▲ 1,600% |
| Recurring financial income75 | €1,234 | €16 | €0 | €0 | €1 | ▲ 1,600% |
| Financial charges65/66B | €48,001 | €27,313 | €59,093 | €61,329 | €58,097 | ▼ 5.3% |
| Recurring financial charges65 | €48,001 | €27,313 | €59,093 | €61,329 | €58,097 | ▼ 5.3% |
| Profit (loss) for the period before taxes9903 | -€125,266 | -€105,773 | €21,892 | €189,673 | €24,521 | ▼ 87.1% |
| Income taxes67/77 | - | - | €320 | €716 | €304 | ▼ 57.5% |
| Profit (loss) for the period9904 | -€125,266 | -€105,773 | €21,572 | €188,957 | €24,217 | ▼ 87.2% |
| Profit (loss) for the period to be appropriated9905 | -€125,266 | -€105,773 | €21,572 | €188,957 | €24,217 | ▼ 87.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.6m | €2.5m | €1.4m | €1.4m | ▼ 1.3% |
| Fixed assets21/28 | €1.5m | €1.4m | €1.1m | €1.0m | €1.1m | ▲ 6.2% |
| Intangible fixed assets21 | €1,000 | €900 | €800 | €700 | €600 | ▼ 14.3% |
| Tangible fixed assets22/27 | €1.5m | €1.4m | €1.1m | €1.0m | €1.1m | ▲ 6.2% |
| Land and buildings22 | €1.5m | €1.4m | €1.1m | €1.0m | €1.1m | ▲ 6.3% |
| Furniture and vehicles24 | €6,591 | - | €1,603 | €1,236 | €868 | ▼ 29.8% |
| Financial fixed assets28 | €450 | €450 | €450 | €450 | €0 | ▼ 100% |
| Current assets29/58 | €480,732 | €1.2m | €1.4m | €376,478 | €295,305 | ▼ 21.6% |
| Stocks and contracts in progress3 | €336,370 | €1.2m | €872,610 | €266,670 | €266,670 | = |
| Stocks30/36 | €336,370 | €1.2m | €872,610 | €266,670 | €266,670 | = |
| Amounts receivable within one year40/41 | €75,751 | €1,644 | €508,928 | €2,296 | €772 | ▼ 66.4% |
| Trade receivables40 | €62,500 | - | €505,000 | €0 | - | - |
| Other amounts receivable41 | €13,251 | €1,644 | €3,928 | €2,296 | €772 | ▼ 66.4% |
| Cash at bank and in hand54/58 | €68,611 | €9,907 | €22,081 | €100,418 | €23,876 | ▼ 76.2% |
| Deferred charges and accrued income490/1 | - | - | €1,963 | €7,095 | €3,986 | ▼ 43.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.6m | €2.5m | €1.4m | €1.4m | ▼ 1.3% |
| Equity10/15 | €297,926 | €192,153 | €213,725 | €282,682 | €306,899 | ▲ 8.6% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Capital10 | €6,197 | €6,197 | - | - | - | - |
| Issued capital100 | €18,592 | €18,592 | - | - | - | - |
| Uncalled capital101 | €12,395 | €12,395 | - | - | - | - |
| Revaluation surpluses12 | €970,132 | €970,132 | €970,132 | €749,972 | €718,393 | ▼ 4.2% |
| Reserves13 | €620 | €620 | €620 | €620 | €32,199 | ▲ 5,093% |
| Non-distributable reserves130/1 | €620 | €620 | €620 | €620 | €620 | = |
| Legal reserve130 | €620 | €620 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €620 | €620 | €620 | = |
| Distributable reserves133 | - | - | - | - | €31,579 | - |
| Profit (loss) carried forward14 | -€679,023 | -€784,796 | -€763,225 | -€474,107 | -€449,890 | ▲ 5.1% |
| Amounts payable17/49 | €1.6m | €2.4m | €2.3m | €1.1m | €1.1m | ▼ 3.8% |
| Amounts payable after more than one year17 | - | €500,000 | €500,000 | €0 | - | - |
| Financial debts170/4 | - | €500,000 | €500,000 | €0 | - | - |
| Amounts payable within one year42/48 | €1.6m | €1.9m | €1.8m | €1.1m | €1.1m | ▼ 3.9% |
| Financial debts43 | €775,000 | €800,000 | €751,850 | €651,838 | €655,590 | ▲ 0.6% |
| Credit institutions430/8 | €775,000 | €800,000 | €751,850 | €651,838 | €655,590 | ▲ 0.6% |
| Trade debts44 | €30,680 | €132,149 | €20,329 | €4,635 | €5,528 | ▲ 19.3% |
| Suppliers440/4 | €30,680 | €132,149 | €20,329 | €4,635 | €5,528 | ▲ 19.3% |
| Taxes, remuneration and social security45 | €2,036 | €24,555 | €28,640 | €1,026 | €798 | ▼ 22.2% |
| Taxes450/3 | - | €21,411 | €21,784 | €1,026 | €798 | ▼ 22.2% |
| Remuneration and social security454/9 | €2,036 | €3,144 | €6,856 | €0 | - | - |
| Other amounts payable47/48 | €834,001 | €951,424 | €1.0m | €454,771 | €406,721 | ▼ 10.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €968 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€125,266 | -€105,773 | €21,572 | €188,957 | €24,217 | ▼ 87.2% |
| + Depreciation and write-downs630 | €39,879 | €39,879 | €33,859 | €111,372 | €53,201 | ▼ 52.2% |
| Operating cash flow (approximation) | -€85,387 | -€65,894 | €55,431 | €300,330 | €77,418 | ▼ 74.2% |
| Investment in fixed assets (approximation) | - | €0 | €255,329 | €0 | -€115,928 | - |
| Change in cash | - | -€58,703 | €12,173 | €78,337 | -€76,541 | ▼ 198% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €188,957 ▲776%
Operating result €251,002, net result €188,957, both a record.
24-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 146 days late
2023
31-12
Financial
Back to profitnet €21,572
Net result €21,572 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €213,725 ▲11.2%
Equity rises from €192,153 to €213,725.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Back to profitnet €45,984
Net result €45,984 after 2 loss-making years.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-12
Financial
Weakest financial yearnet -€159,835
Net result drops to -€159,835, the lowest in the series; recovery starts the following year.
Show earlier events
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Schilde · 1 establishment unit since 1995
Ground area
1,073 m²
Building footprint
220 m²
Parcel 11039A0508/00G000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Waterstraat 29, 2970 Schilde
since 19952.072.957.108
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0508/00G000 | Flanders | 1,073 m² | 1 · 220 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
Opérateurs & Prestations Cop
BE 0765.543.004
Villers-le-Bouillet · Eq €306,949
B.N.F.
BE 0447.184.747
Puurs-Sint-Amands · Eq €306,522
PRO COLOR
BE 0696.966.774
Sint-Jans-Molenbeek · Eq €307,331
SNOECK EMIEL & NICO
BE 0471.548.375
Destelbergen · Eq €307,340
Mavotec
BE 0774.712.571
Houthalen-Helchteren · Eq €307,391
Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 5,361 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
Founded29-06-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455551590
Also
9925:BE0455551590
Registered
14-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.