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Let's-B-uild

Active
Private limited companyfounded 20241 yr activeEmmaüsdreef 8, 8210 Zedelgem, BelgiumKBO/BCE: BE 1017.456.556
Summary

Let's-B-uild has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,909 and a net result of €47,409. Its solvency ranks better than 77% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency93
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 3.09; short-term debt: 32.4% and cash: 96.3% of total assets), and 32.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.6%
Return on assets
65.6%
Age of the figures
9 mo
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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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 16 December 2024, Let's-B-uild was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€48,909
Total assets
€72,299
Net result
€47,409
Working capital
€48,909

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €72,299
Equity €48,909
Debt €23,390
Debt finances 32.4% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
3.09
Debt to equity
0.48
ROE
96.9%
ROA
65.6%
Debt ≤ 1 year
€23,390
Income taxes
€12,969

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% 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 0.4% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 11,280 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 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€72,299
Current assets29/58€72,299
Amounts receivable within one year40/41€2,647
Other amounts receivable41€2,647
Cash at bank and in hand54/58€69,652
Equity and liabilities
Total equity and liabilities10/49€72,299
Equity10/15€48,909
Contributions10/11€1,500
Reserves13€47,409
Distributable reserves133€47,409
Amounts payable17/49€23,390
Amounts payable within one year42/48€23,390
Trade debts44€183
Suppliers440/4€183
Taxes, remuneration and social security45€23,207
Taxes450/3€23,207
Income statement Code2025
Other operating charges640/8€128
Gross operating margin9900€65,043
Operating profit (loss)9901€64,915
Financial income75/76B€72
Recurring financial income75€72
Financial charges65/66B€4,608
Recurring financial charges65€4,608
Profit (loss) for the period before taxes9903€60,379
Income taxes67/77€12,969
Profit (loss) for the period9904€47,409
Profit (loss) for the period to be appropriated9905€47,409
Appropriation of the result
Profit (loss) to be appropriated9906€47,409
Transfer to equity691/2€47,409
To other reserves6921€47,409

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€128
Gross operating margin9900€65,043
Operating profit (loss)9901€64,915
Financial income75/76B€72
Recurring financial income75€72
Financial charges65/66B€4,608
Recurring financial charges65€4,608
Profit (loss) for the period before taxes9903€60,379
Income taxes67/77€12,969
Profit (loss) for the period9904€47,409
Profit (loss) for the period to be appropriated9905€47,409
Line2025
Assets
Total assets20/58€72,299
Current assets29/58€72,299
Amounts receivable within one year40/41€2,647
Other amounts receivable41€2,647
Cash at bank and in hand54/58€69,652
Equity and liabilities
Total equity and liabilities10/49€72,299
Equity10/15€48,909
Contributions10/11€1,500
Reserves13€47,409
Distributable reserves133€47,409
Amounts payable17/49€23,390
Amounts payable within one year42/48€23,390
Trade debts44€183
Suppliers440/4€183
Taxes, remuneration and social security45€23,207
Taxes450/3€23,207
Line2025
Profit (loss) for the period9904€47,409
Operating cash flow (approximation)€47,409

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

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
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.

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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, Zedelgem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,584 m²
Building footprint
181 m²
Volume, LiDAR
810 m³
Parcel 31017E0342/00L000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Let's-B-uild
Emmaüsdreef 8, 8210 ZedelgemReal estate development
since 20242.367.517.404
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31017E0342/00L000 Flanders 1,584 m² 1 · 181 m² 6.7 m · 2 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.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 4,989 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
Founded16-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
55203Holiday cottages, homes and apartments
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017456556
Also 9925:BE1017456556
Registered 27-10-2025

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.