BO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BO CONSTRUCT is 1.5% (moderate). The 2025 annual accounts show equity of €47k and a net result of €13k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 27965 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 4.49 against 4.48 in 2024; short-term debt: 21.9% and cash: 93% of total assets), and 21.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.1%
Return on assets
21.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
37 d early
2023
19 d early
2022
40 d early
2021
27 d early
2020
18 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 38.4%
2024 · €34k
2018: €12k
2019: €16k▲ +35.7% vs 2018
2020: €11k▼ -29.6% vs 2019lowest in 8 years
2021: €17k▲ +52.1% vs 2020
2022: €33k▲ +91.8% vs 2021
2023: €15k▼ -56.2% vs 2022
2024: €34k▲ +134% vs 2023
2025: €47k▲ +38.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€61k▲ 44.2%
2024 · €42k
2018: €44k
2019: €58k▲ +31.5% vs 2018
2020: €44k▼ -24.0% vs 2019
2021: €38k▼ -13.7% vs 2020
2022: €61k▲ +58.6% vs 2021highest in 8 years
2023: €28k▼ -54.5% vs 2022lowest in 8 years
2024: €42k▲ +52.0% vs 2023
2025: €61k▲ +44.2% vs 2024
2018 → 2025
Net result
€13k▼ 33.0%
2024 · €20k
2018: €11k
2019: €4k▼ -62.4% vs 2018
2020: €-5k▼ -212% vs 2019
2021: €-263▲ +94.5% vs 2020
2022: €16k▲ +6159% vs 2021
2023: €-19k▼ -217% vs 2022lowest in 8 years
2024: €20k▲ +205% vs 2023highest in 8 years
2025: €13k▼ -33.0% vs 2024
2018 → 2025
Working capital
€46k▲ 70.0%
2024 · €27k
2018: €11k
2019: €11k▲ +8.3% vs 2018
2020: €7k▼ -38.4% vs 2019
2021: €14k▲ +98.8% vs 2020
2022: €15k▲ +3.4% vs 2021
2023: €2k▼ -86.6% vs 2022lowest in 8 years
2024: €27k▲ +1293% vs 2023
2025: €46k▲ +70.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€33k▲ 91.8%€15k▼ 56.2%€34k▲ 134%€47k▲ 38.4%
2021: €17k
2022: €33k▲ +91.8% vs 2021
2023: €15k▼ -56.2% vs 2022lowest in 5 years
2024: €34k▲ +134% vs 2023
2025: €47k▲ +38.4% vs 2024highest in 5 years
Operating result€38-€20k▲ 51,842%€-18k€21k€17k▼ 16.1%
2021: €38
2022: €20k▲ +51842% vs 2021
2023: €-18k▼ -192% vs 2022lowest in 5 years
2024: €21k▲ +212% vs 2023highest in 5 years
2025: €17k▼ -16.1% vs 2024
Net result€-263-€16k€-19k€20k€13k▼ 33.0%
2021: €-263
2022: €16k▲ +6159% vs 2021
2023: €-19k▼ -217% vs 2022lowest in 5 years
2024: €20k▲ +205% vs 2023highest in 5 years
2025: €13k▼ -33.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€908 ▼ 86.8%
Current assets
€60k ▲ 69.8%
Equity and liabilities €61k
Equity
€47k ▲ 38.4%
Debt
€13k ▲ 69.2%
Debt's share of the balance-sheet total rises from 18.7% to 21.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▼
2024 · €28k
Cash flow
€19k▼
2024 · €27k
Current ratio
4.49▲
2024 · 4.48
Debt to equity
0.28▲
2024 · 0.23
ROE
27.8%▼
2024 · 57.4%
ROA
21.7%▼
2024 · 46.6%
Interest coverage
141.55▼
2024 · 145.92
Debt ≤ 1 year
€13k▲
2024 · €8k
Income taxes
€4k▲
2024 · €807
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42k€61k▲
Fixed assets21/28€7k€908▼
Tangible fixed assets22/27€7k€908▼
Plant, machinery and equipment23€1k€774▼
Furniture and vehicles24€6k€133▼
Current assets29/58€35k€60k▲
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€1k€2k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€29k€56k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€42k€61k▲
Equity10/15€34k€47k▲
Contributions10/11€13k€13k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€18k€31k▲
Amounts payable17/49€8k€13k▲
Amounts payable within one year42/48€8k€13k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€443€5k▲
Taxes450/3€443€5k▲
Other amounts payable47/48€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€448€461▲
Gross operating margin9900€28k€24k▼
Operating profit (loss)9901€21k€17k▼
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€190€164▼
Recurring financial charges65€190€164▼
Profit (loss) for the period before taxes9903€20k€17k▼
Income taxes67/77€807€4k▲
Profit (loss) for the period9904€20k€13k▼
Profit (loss) for the period to be appropriated9905€20k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€31k▲
Profit (loss) brought forward from the previous period14P€-2k€18k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €10k | €7k | €6k | ▼ 16.9% |
| Other operating charges640/8 | €404 | €473 | €444 | €448 | €461 | ▲ 3.0% |
| Gross operating margin9900 | €10k | €30k | €-8k | €28k | €24k | ▼ 16.0% |
| Operating profit (loss)9901 | €38 | €20k | €-18k | €21k | €17k | ▼ 16.1% |
| Financial income75/76B | €76 | €230 | €0 | €5 | €0 | ▼ 99.6% |
| Recurring financial income75 | €76 | €230 | €0 | €5 | €0 | ▼ 99.6% |
| Financial charges65/66B | €317 | €482 | €403 | €190 | €164 | ▼ 13.7% |
| Recurring financial charges65 | €317 | €482 | €403 | €190 | €164 | ▼ 13.7% |
| Profit (loss) for the period before taxes9903 | €-203 | €20k | €-19k | €20k | €17k | ▼ 16.1% |
| Income taxes67/77 | €60 | €4k | €-60 | €807 | €4k | ▲ 393% |
| Profit (loss) for the period9904 | €-263 | €16k | €-19k | €20k | €13k | ▼ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €-263 | €16k | €-19k | €20k | €13k | ▼ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38k | €61k | €28k | €42k | €61k | ▲ 44.2% |
| Fixed assets21/28 | €13k | €21k | €13k | €7k | €908 | ▼ 86.8% |
| Tangible fixed assets22/27 | €13k | €21k | €13k | €7k | €908 | ▼ 86.8% |
| Plant, machinery and equipment23 | €2k | €1k | €704 | €1k | €774 | ▼ 39.0% |
| Furniture and vehicles24 | €11k | €20k | €12k | €6k | €133 | ▼ 97.6% |
| Current assets29/58 | €25k | €40k | €15k | €35k | €60k | ▲ 69.8% |
| Amounts receivable within one year40/41 | €5k | €14k | €9k | €3k | €2k | ▼ 31.3% |
| Trade receivables40 | €2k | €10k | €1k | €1k | €2k | ▲ 48.8% |
| Other amounts receivable41 | €4k | €4k | €8k | €2k | - | - |
| Cash at bank and in hand54/58 | €20k | €25k | €5k | €29k | €56k | ▲ 92.6% |
| Deferred charges and accrued income490/1 | €200 | €1k | €913 | €3k | €1k | ▼ 58.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38k | €61k | €28k | €42k | €61k | ▲ 44.2% |
| Equity10/15 | €17k | €33k | €15k | €34k | €47k | ▲ 38.4% |
| Contributions10/11 | €13k | €13k | €13k | €13k | €13k | = |
| Capital10 | €0 | - | - | - | - | - |
| Uncalled capital101 | €0 | - | - | - | - | - |
| Outside capital11 | €13k | €13k | - | - | - | - |
| Other1109/19 | €13k | €13k | - | - | - | - |
| Reserves13 | €4k | €4k | €4k | €4k | €4k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €961 | €17k | €-2k | €18k | €31k | ▲ 73.8% |
| Amounts payable17/49 | €21k | €28k | €13k | €8k | €13k | ▲ 69.2% |
| Amounts payable after more than one year17 | €10k | €3k | €0 | - | - | - |
| Financial debts170/4 | €10k | €3k | €0 | - | - | - |
| Amounts payable within one year42/48 | €11k | €25k | €13k | €8k | €13k | ▲ 69.2% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | €3k | - | - | - |
| Trade debts44 | €776 | €4k | €797 | €4k | €5k | ▲ 36.4% |
| Suppliers440/4 | €776 | €4k | €797 | €4k | €5k | ▲ 36.4% |
| Taxes, remuneration and social security45 | €60 | €10k | €7k | €443 | €5k | ▲ 1,020% |
| Taxes450/3 | €60 | €4k | €4k | €443 | €5k | ▲ 1,020% |
| Remuneration and social security454/9 | €0 | €7k | €2k | - | - | - |
| Other amounts payable47/48 | €3k | €3k | €3k | €4k | €3k | ▼ 14.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-263 | €16k | €-19k | €20k | €13k | ▼ 33.0% |
| + Depreciation and write-downs630 | €10k | €9k | €10k | €7k | €6k | ▼ 16.9% |
| Operating cash flow (approximation) | €10k | €25k | €-9k | €27k | €19k | ▼ 28.7% |
| Investment in fixed assets (approximation) | - | €-17k | €-1k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €5k | €-20k | €24k | €27k | ▲ 11.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.48
Current ratio from 1.15 to 4.48; short-term debt falls from €13k to €8k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are 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, Jette · 1 establishment unit since 2014
Ground area
165 m²
Building footprint
72 m²
Volume, LiDAR
593 m³
Parcel 21010B0049/00S002, Brussels · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BO CONSTRUCT
since 20142.294.151.552
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0049/00S002 | Brussels | 165 m² | 1 · 72 m² | 9.5 m · 3 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,052 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
Founded20-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.