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DE BRUGSE ALGEMENE BOUWONDERNEMING

Active
Public limited companyfounded 1958active for 68 yearsPeter Benoitlaan 53, 8200 Brugge, BelgiumKBO/BCE: BE 0405.096.150
Summary

DE BRUGSE ALGEMENE BOUWONDERNEMING has been active since 1958 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €20,876. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 48% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
DE BRUGSE ALGEMENE BOUWONDERNEMINGActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990General construction of other non-residential buildings NACE 41003
4th oldest company in Bruges, Construction sector1 site
Size
≈ €4.8mturnover 2025, estimated
Staff
24.5 FTE
Equity
€1.3m
Profit
€20,876
Turnover estimated from the gross margin
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Largest shareholder
IMMO GIRIM · 28.8%
2025 accounts 64 days early1 of 5 deeds summarised
Why 82raises riskLiquidity: current ratio 0.64, cash €164,093Sector: Specialised construction activities (NACE 43)Size: 24.5 FTE, total assets €3.2mlowers riskFigures for financial year 2025 (filed 28-05-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 67+1
equity 42.0% of total assets
Liquidity 40-5
short-term debt 36.3% · cash 5.2%
Profitability 55-1
return on assets 0.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025highest value 06-2025: 0.3%▼ -0.5 percentage points vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025lowest value 08-2025: 0.3%● unchanged vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.64, compared with 0.63 in 2024, below 1; short-term debt: 36.3% and cash: 5.2% of total assets), and 58% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 56% on solvency, 41% on liquidity, 26% on profitability and 38% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.64, cash €164,093
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: 24.5 FTE, total assets €3.2m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-05-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 days early
2024
66 days early
2023
44 days early
2022
66 days early
2021
51 days early
2020
40 days early
2019
31 days early
← 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 52 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €34,954

Key points

  • Positive: Among the best 10% on equitysector median €252,769 · 9,818 companies €1.3m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1958founded 11-03-1958 68 years View

By topic

Financials

Financial year
2025
Total assets
€3.2m
Profit
€20,876
Solvency
42.0%
Turnover▲ 27.4%
Net result
20182019
Go to Financials

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 17-06-2024Annual accounts filed
  2. 11-01-2024Capital & shares · Amendment of the…
  3. 26-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
11-03-1958
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
65
Who signs
The board, acting as a body
Annual meeting
Third Tuesday of May at 14:00
Purpose
“Het aannemen van allerhande bouw- en openbare werken, timmer-, schrijnwerk en meubilair…” (deed in Dutch)
Go to Articles of association

Key facts about DE BRUGSE ALGEMENE BOUWONDERNEMING

What is the company number of DE BRUGSE ALGEMENE BOUWONDERNEMING?
0405.096.150. In Belgium the VAT number is the company number with BE in front: BE 0405.096.150.
Where is DE BRUGSE ALGEMENE BOUWONDERNEMING based?
The registered office is at Peter Benoitlaan 53, 8200 Brugge.Company details
What does DE BRUGSE ALGEMENE BOUWONDERNEMING do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of DE BRUGSE ALGEMENE BOUWONDERNEMING?
Public limited company (NV).
When was DE BRUGSE ALGEMENE BOUWONDERNEMING founded?
On 11-03-1958.
Is DE BRUGSE ALGEMENE BOUWONDERNEMING still active?
Yes, DE BRUGSE ALGEMENE BOUWONDERNEMING is an active enterprise in the KBO register.
How many employees does DE BRUGSE ALGEMENE BOUWONDERNEMING have?
On average 24.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE BRUGSE ALGEMENE BOUWONDERNEMING?
€5.1m in financial year 2019, according to the filed annual accounts.
Is DE BRUGSE ALGEMENE BOUWONDERNEMING profitable?
In financial year 2025, DE BRUGSE ALGEMENE BOUWONDERNEMING made a profit of €20,876.
Where can I find the annual accounts of DE BRUGSE ALGEMENE BOUWONDERNEMING?
DE BRUGSE ALGEMENE BOUWONDERNEMING filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE BRUGSE ALGEMENE BOUWONDERNEMING due?
By 31-07-2027, for financial year 2026.Timeline

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