Financials
- Fiscal year
- 2024
- Total assets
- €74,223
- Profit
- €12,888
- Solvency
- 27.2%
Turnover▼ 32.5%
Net result
20212023
BEGATECH
ActiveSummary
The computed 12-month bankruptcy probability of BEGATECH is 17.2% (high). The 2024 annual accounts show equity of €20,164 and a net result of €12,888. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 36364 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other specialised construction activities
NACE 43990NACE 43999
1 site
Size
€74,223total assets 2024
- Equity
- €20,164
- Profit
- €12,888
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue1 of 6 deeds read
Why 17- 2 changes of registered office in 24 months- Figures for FY 2024 (filed 29-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 28 days late; 1 of the last 3 late- Liquidity: current ratio 1.42Show the evidence
Checked score
Score 2024
17
/ 100
Critical
Probability in this band: over 15.0%
Better than 48% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
52+14
equity 27.2% of total assets
Liquidity
35+31
short-term debt 61.9%
Profitability
73+73
return on assets 17.4%
Bankruptcy probability, 12 months
17.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 16.7%
12-2024: 16.7%▼ -0.2% vs 11-2024
01-2025: 16.7%● 0.0% vs 12-2024
02-2025: 16.7%● 0.0% vs 01-2025
03-2025: 17.3%▲ +3.7% vs 02-2025highest value
04-2025: 12.0%▼ -30.3% vs 03-2025
05-2025: 12.5%▲ +4.1% vs 04-2025
06-2025: 12.7%▲ +1.5% vs 05-2025
07-2025: 12.1%▼ -4.6% vs 06-2025
08-2025: 12.7%▲ +4.6% vs 07-2025
09-2025: 5.3%▼ -58.1% vs 08-2025
10-2025: 5.3%● 0.0% vs 09-2025
11-2025: 5.2%▼ -2.0% vs 10-2025
12-2025: 5.2%▲ +0.5% vs 11-2025
01-2026: 5.2%▼ -1.1% vs 12-2025
02-2026: 5.3%▲ +1.5% vs 01-2026
03-2026: 5.0%▼ -4.1% vs 02-2026lowest value
04-2026: 11.0%▲ +118% vs 03-2026
05-2026: 11.0%▲ +0.3% vs 04-2026
06-2026: 11.3%▲ +2.0% vs 05-2026
07-2026: 11.2%▼ -0.8% vs 06-2026
08-2026: 12.0%▲ +7.9% vs 07-2026
09-2026: 13.1%▲ +8.8% vs 08-2026
10-2026: 17.2%▲ +31.1% vs 09-2026
- 2 changes of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 29-08-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 28 days late; 1 of the last 3 late raises the probability
- Liquidity: current ratio 1.42 raises the probability
No credit on open account
Liquidity tight (current ratio 1.42 against 1.15 in 2023; short-term debt: 61.9% of total assets), and 72.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 29%, liquidity 23%, profitability 44%, growth against the median 95%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
72 d late
2022
75 d early
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 14 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 (1)
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €12,888
Key points
By topic
Timeline
- Events
- 9
- Since
- 2022
- 06-03-2026Registered office
- 28-08-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 01-12-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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