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CONSTRUCTIE BUNTINX

Active
Public limited companyfounded 1986active for 40 yearsKolmenstraat 135, 3512 Hasselt, BelgiumKBO/BCE: BE 0428.539.664
Summary

CONSTRUCTIE BUNTINX has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €959,555 and a net result of €236,498. Equity is growing by about 6.8% per year across the filed financial years. Its solvency ranks better than 85% of 9,723 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€959,555▲ 16.6%
2024 · €823,057
Total assets
€1.2m▲ 17.2%
2024 · €1.1m
Net result
€236,498▲ 4.0%
2024 · €227,421
Working capital
€798,114▲ 18.1%
2024 · €675,952
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.09m▼ 55.5%€0.2m▲ 77.3%€0.3m▲ 71.2%€0.2m▼ 33.2%€0.2m▲ 28.1%€0.3m▲ 14.1%€0.3m▲ 5.6%
Net result€0.2m-€0.08m▼ 57.2%€0.1mabove the sector's middle half▲ 68.1%€0.2mabove the sector's middle half▲ 87.4%€0.2mabove the sector's middle half▼ 29.8%€0.2mabove the sector's middle half▲ 25.6%€0.2mabove the sector's middle half▲ 3.7%€0.2mabove the sector's middle half▲ 4.0%
Equity€1.0m-€0.6m▼ 33.1%€0.5mwithin the sector's middle half▼ 15.4%€0.6mwithin the sector's middle half▲ 9.8%€0.6mwithin the sector's middle half▲ 4.1%€0.7mwithin the sector's middle half▲ 11.1%€0.8mabove the sector's middle half▲ 18.3%€1.0mabove the sector's middle half▲ 16.6%
Total assets€1.2m-€0.8m▼ 31.9%€0.7mwithin the sector's middle half▼ 10.5%€1.0mwithin the sector's middle half▲ 35.0%€0.9mwithin the sector's middle half▼ 5.9%€1.1mwithin the sector's middle half▲ 20.9%€1.1mwithin the sector's middle half▼ 7.2%€1.2mwithin the sector's middle half▲ 17.2%
Debt€0.3m-€0.2m▼ 26.9%€0.2m▲ 6.7%€0.4m▲ 106%€0.3m▼ 20.9%€0.4m▲ 40.3%€0.2m▼ 47.0%€0.3m▲ 19.3%
Working capital€0.8m-€0.5m▼ 40.5%€0.4mwithin the sector's middle half▼ 13.0%€0.5mabove the sector's middle half▲ 22.1%€0.5mabove the sector's middle half▲ 8.6%€0.6mabove the sector's middle half▲ 7.8%€0.7mabove the sector's middle half▲ 16.3%€0.8mabove the sector's middle half▲ 18.1%
Solvency79.5%-78.0%▼ 1.5pp73.7%above the sector's middle half▼ 4.2pp60.0%within the sector's middle half▼ 13.8pp66.4%above the sector's middle half▲ 6.4pp61.0%within the sector's middle half▼ 5.4pp77.7%above the sector's middle half▲ 16.7pp77.3%above the sector's middle half▼ 0.4pp
Current ratio4.14-3.56▼ 0.583.08above the sector's middle half▼ 0.472.24within the sector's middle half▼ 0.852.70within the sector's middle half▲ 0.462.30within the sector's middle half▼ 0.393.86above the sector's middle half▲ 1.563.83above the sector's middle half▼ 0.03
Return on assets (ROA)15.1%-9.5%▼ 5.6pp17.9%above the sector's middle half▲ 8.3pp24.8%above the sector's middle half▲ 6.9pp18.5%above the sector's middle half▼ 6.3pp19.2%above the sector's middle half▲ 0.7pp21.5%above the sector's middle half▲ 2.3pp19.0%above the sector's middle half▼ 2.4pp
Staff (FTE)2-2.6▲ 30.0%3within the sector's middle half▲ 15.4%2below the sector's middle half▼ 33.3%2below the sector's middle half=1.6below the sector's middle half▼ 20.0%2within the sector's middle half▲ 25.0%2.3within the sector's middle half▲ 15.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €161,441 ▲ 9.7%
Current assets €1.1m ▲ 18.4%
Equity and liabilities €1.2m
Equity €959,555 ▲ 16.6%
Debt €281,910 ▲ 19.3%
Debt's share of the balance-sheet total rises from 22.3% to 22.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€305,523▲
2024 · €287,196
Cash flow
€257,161▲
2024 · €244,765
Quick ratio
3.10▼
2024 · 3.13
Debt to equity
0.29▲
2024 · 0.29
ROE
24.6%▼
2024 · 27.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€281,910▲
2024 · €236,273
Income taxes
€48,755▲
2024 · €43,398
Staff costs
€150,495▲
2024 · €133,057
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 31,372 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€0.1m€0.2m▲
Tangible fixed assets22/27€0.1m€0.2m▲
Land and buildings22€0.05m€0.05m▼
Plant, machinery and equipment23€0.05m€0.08m▲
Furniture and vehicles24€0.05m€0.04m▼
Financial fixed assets28€55€55=
Current assets29/58€0.9m€1.1m▲
Stocks and contracts in progress3€0.2m€0.2m▲
Stocks30/36€0.2m€0.2m▲
Amounts receivable within one year40/41€0.1m€0.2m▲
Trade receivables40€0.1m€0.2m▲
Other amounts receivable41€0.003m€0.006m▲
Cash at bank and in hand54/58€0.6m€0.7m▲
Deferred charges and accrued income490/1€0.001m€0.004m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€0.8m€1.0m▲
Contributions10/11€0.07m€0.07m=
Capital10€0.07m€0.07m=
Issued capital100€0.07m€0.07m=
Reserves13€0.7m€0.9m▲
Non-distributable reserves130/1€0.04m€0.04m=
Legal reserve130€0.04m€0.04m=
Distributable reserves133€0.7m€0.8m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.2m€0.3m▲
Amounts payable within one year42/48€0.2m€0.3m▲
Trade debts44€0.1m€0.1m▲
Suppliers440/4€0.1m€0.1m▲
Taxes, remuneration and social security45€0.02m€0.04m▲
Taxes450/3€0.008m€0.02m▲
Remuneration and social security454/9€0.02m€0.02m▲
Other amounts payable47/48€0.1m€0.1m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.1m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€0.009m€0.009m▼
Gross operating margin9900€0.4m€0.5m▲
Operating profit (loss)9901€0.3m€0.3m▲
Financial income75/76B€0.001m€0.001m▼
Recurring financial income75€0.001m€0.001m▼
Financial charges65/66B€172€0.001m▲
Recurring financial charges65€172€0.001m▲
Profit (loss) for the period before taxes9903€0.3m€0.3m▲
Income taxes67/77€0.04m€0.05m▲
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0€0=
Transfer to equity691/2€0.1m€0.1m▲
To other reserves6921€0.1m€0.1m▲
Profit to be distributed694/7€0.1m€0.1m=
Directors or managers695€0.1m€0.1m=
Social balance sheet
Average headcount (FTE)90872.02.3▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€111,325€115,750€99,320€133,057€150,495▲ 13.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,265€56,995€55,861€53,415€19,790€15,861€17,344€20,663▲ 19.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€609€0€480€0--
Other operating charges640/8---€9,446€8,273€9,376€9,373€9,333▼ 0.4%
Gross operating margin9900€382,516€288,273€335,831€451,216€328,514€361,581€429,626€465,351▲ 8.3%
Operating profit (loss)9901€204,847€91,106€161,505€276,422€184,702€236,544€269,852€284,860▲ 5.6%
Financial income75/76B---€1,514€1,750€1,545€1,139€978▼ 14.1%
Recurring financial income75€1,954€1,650€1,219€1,514€1,750€1,545€1,139€978▼ 14.1%
Financial charges65/66B---€1,250€568€493€172€584▲ 239%
Recurring financial charges65€2,419€1,587€805€1,250€568€493€172€584▲ 239%
Profit (loss) for the period before taxes9903€204,382€91,169€161,919€276,686€185,884€237,596€270,819€285,253▲ 5.3%
Income taxes67/77€19,850€12,229€29,215€28,000€11,362€18,321€43,398€48,755▲ 12.3%
Profit (loss) for the period9904€184,532€78,940€132,704€248,686€174,522€219,275€227,421€236,498▲ 4.0%
Transfer from tax-exempt reserves789---€56,250€0----
Profit (loss) for the period to be appropriated9905€184,532€78,940€132,704€304,936€174,522€219,275€227,421€236,498▲ 4.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.2m€0.8m€0.7m€1.0m€0.9m€1.1m€1.1m€1.2m▲ 17.2%
Fixed assets21/28€0.2m€0.2m€0.1m€0.1m€0.09m€0.1m€0.1m€0.2m▲ 9.7%
Tangible fixed assets22/27€0.2m€0.2m€0.1m€0.1m€0.09m€0.1m€0.1m€0.2m▲ 9.7%
Land and buildings22---€0.06m€0.06m€0.05m€0.05m€0.05m▼ 4.6%
Plant, machinery and equipment23---€0.02m€0.02m€0.06m€0.05m€0.08m▲ 53.4%
Furniture and vehicles24---€0.03m€0.01m€0.005m€0.05m€0.04m▼ 23.7%
Financial fixed assets28€55€55€55€55€55€55€55€55=
Current assets29/58€1.0m€0.7m€0.6m€0.9m€0.9m€1.0m€0.9m€1.1m▲ 18.4%
Stocks and contracts in progress3€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m▲ 19.1%
Stocks30/36---€0.1m€0.2m€0.2m€0.2m€0.2m▲ 19.1%
Amounts receivable within one year40/41€0.2m€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m€0.2m▲ 14.7%
Trade receivables40---€0.1m€0.2m€0.1m€0.1m€0.2m▲ 12.7%
Other amounts receivable41---€0.007m€0.05m€0.02m€0.003m€0.006m▲ 110%
Cash at bank and in hand54/58€0.7m€0.3m€0.3m€0.6m€0.5m€0.7m€0.6m€0.7m▲ 18.5%
Deferred charges and accrued income490/1---€0.004m€0.004m€0.002m€0.001m€0.004m▲ 368%
Equity and liabilities
Total equity and liabilities10/49€1.2m€0.8m€0.7m€1.0m€0.9m€1.1m€1.1m€1.2m▲ 17.2%
Equity10/15€1.0m€0.6m€0.5m€0.6m€0.6m€0.7m€0.8m€1.0m▲ 16.6%
Contributions10/11€0.6m€0.3m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m=
Capital10---€0.07m€0.07m€0.07m€0.07m€0.07m=
Issued capital100---€0.07m€0.07m€0.07m€0.07m€0.07m=
Reserves13€0.3m€0.4m€0.5m€0.5m€0.6m€0.6m€0.7m€0.9m▲ 18.2%
Non-distributable reserves130/1---€0.04m€0.04m€0.04m€0.04m€0.04m=
Legal reserve130---€0.04m€0.04m€0.04m€0.04m€0.04m=
Tax-exempt reserves132---€0-----
Distributable reserves133---€0.5m€0.5m€0.6m€0.7m€0.8m▲ 19.3%
Profit (loss) carried forward14---€0€0€0€0€0=
Amounts payable17/49€0.3m€0.2m€0.2m€0.4m€0.3m€0.4m€0.2m€0.3m▲ 19.3%
Amounts payable within one year42/48€0.3m€0.2m€0.2m€0.4m€0.3m€0.4m€0.2m€0.3m▲ 19.3%
Trade debts44€0.1m€0.1m€0.04m€0.1m€0.07m€0.2m€0.1m€0.1m▲ 28.2%
Suppliers440/4---€0.1m€0.07m€0.2m€0.1m€0.1m▲ 28.2%
Taxes, remuneration and social security45---€0.02m€0.02m€0.03m€0.02m€0.04m▲ 59.3%
Taxes450/3---€0.003m€0.003m€0.01m€0.008m€0.02m▲ 122%
Remuneration and social security454/9---€0.02m€0.01m€0.01m€0.02m€0.02m▲ 30.7%
Other amounts payable47/48---€0.3m€0.2m€0.2m€0.1m€0.1m▼ 0.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€184,532€78,940€132,704€248,686€174,522€219,275€227,421€236,498▲ 4.0%
+ Depreciation and write-downs630€51,265€56,995€55,861€53,415€19,790€15,861€17,344€20,663▲ 19.1%
Operating cash flow (approximation)€235,797€135,935€188,565€302,101€194,312€235,136€244,765€257,161▲ 5.1%
Investment in fixed assets (approximation)--€54,324-€17,139-€17,260-€1,711-€43,187-€50,000-€35,000▲ 30.0%
Change in cash--€368,020-€13,755€321,968-€138,352€263,395-€137,470€109,439-

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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Latest 10 of 40 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 08-04-2026 2026-00077337
31-12-2024 abbreviated format 05-05-2025 2025-00089389
31-12-2023 abbreviated format 07-05-2024 2024-00084074
31-12-2022 abbreviated format 13-04-2023 2023-00060327
31-12-2021 abbreviated format 07-06-2022 2022-20051400
31-12-2020 abbreviated format 07-06-2021 2021-17700244
31-12-2019 abbreviated format 22-07-2020 2020-33300330
31-12-2018 abbreviated format 31-05-2019 2019-15500579
31-12-2017 abbreviated format 31-08-2018 2018-58500542
31-12-2016 abbreviated format 02-08-2017 2017-41500263

Show all 40 filings

Similar companies · same sector, comparable size

Of the 15,151 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. 3,329 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.