The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as THE BEST CONSTRUCTION has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
0.9%
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%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for THE BEST CONSTRUCTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered office moved from Sint-Pieters-Leeuw to Tienen
New registered office: Leuvensestraat 131 Bus 2, 3300 Tienen · Previous registered office: Bergensesteenweg 24 Bus 8, 1600 Sint-Pieters-Leeuw · General meeting of 01-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0770429428
Registered office moved from Kraainem to Sint-Pieters-Leeuw
New registered office: Bergensesteenweg 24/8, 1600 Sint-Pieters-Leeuw · Previous registered office: Steenweg op Mechelen 455/1, 1950 Kraainem · General meeting of 02-06-2022 · Gazette deed
“Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw…” (deed in Dutch)From the articles, 23 activitiesNo NACE code in the KBO yet
What is the company number of THE BEST CONSTRUCTION?
The company number of THE BEST CONSTRUCTION is 0770.429.428. The VAT number is the same number with BE in front: BE 0770.429.428.
Where is THE BEST CONSTRUCTION based?
The registered office is at Leuvensestraat 131, 3300 Tienen.Company details
What is the legal form of THE BEST CONSTRUCTION?
THE BEST CONSTRUCTION is a private limited company (BV).
When was THE BEST CONSTRUCTION founded?
THE BEST CONSTRUCTION was founded on 29-06-2021.
Is THE BEST CONSTRUCTION still active?
Yes, THE BEST CONSTRUCTION is an active enterprise in the KBO register.
What is the turnover of THE BEST CONSTRUCTION?
The turnover in financial year 2024 is ≈ €190,000. This figure is estimated from the gross margin of €47,308 and 2,936 comparable companies of the same size. It probably lies between €110,000 and €340,000. It is a rough estimate. In financial year 2022 turnover was €275,416.Financials
Is THE BEST CONSTRUCTION profitable?
In financial year 2024, THE BEST CONSTRUCTION made a profit of €30,419.
Where can I find the annual accounts of THE BEST CONSTRUCTION?
THE BEST CONSTRUCTION filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.