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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BUILDINC is 1.1% (low). The 2023 annual accounts show equity of €76k and a net result of €6k. Its solvency ranks better than 44% of 2975 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2022 and 2023).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalKBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.1%
Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Higher-failure-rate sector
+Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€6k-21.2%
Working capital€42k-10.0%
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 18-07-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.3% | 25.2% | |
| Net result | €6k | €4k | |
| Equity | €76k | €20k | |
| Gross operating margin | €111k | €18k | |
| Staff costs | €66k | €28k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€18k
-3.6%
≈ vs sector
€6k
-21.2%
-29% vs sector
€13k
+12.8%
≈ vs sector
€396k
+139.0%
≈ vs sector
€76k
+9.2%
+3% vs sector
€42k
-10.0%
≈ vs sector
1
-
-71% vs sector
€66k
-
+99% vs sector
€4k
+42.3%
≈ vs sector
€320k
+233.7%
≈ vs sector
€320k
+233.4%
≈ vs sector
1.13
-23.7%
≈ vs sector
0.87
+40.3%
≈ vs sector
19.3%
-54.3%
≈ vs sector
4.19
+205.5%
+161% vs sector
8.4%
-27.9%
-38% vs sector
1.6%
-67.1%
-80% vs sector
17.64
+334.0%
-13% vs sector
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €18k |
| Net profit | €6k |
| Cash flow | €13k |
| Staff costs | €66k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €396k |
| Equity | €76k |
| Debt | €320k |
| of which ≤ 1y | €320k |
| of which > 1y | - |
| Working capital | €42k |
| Employees (FTE) | 1.4 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 1.13 |
| Quick ratio | 0.87 |
| Working capital ratio | 10.5% |
| Solvency | 19.3% |
| Debt / equity | 4.19 |
| Long-term debt ratio | - |
| Interest coverage | 17.64 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.6% |
| ROE | 8.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €396k |
| Fixed assets | 21/28 | €35k |
| Intangible fixed assets | 21 | €5k |
| Tangible fixed assets | 22/27 | €27k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €361k |
| Stocks & contracts in progress | 3 | €85k |
| Amounts receivable within one year | 40/41 | €76k |
| Investments | 50/53 | €100k |
| Cash & bank | 54/58 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €396k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €44k |
| Accumulated profits (losses) | 14 | €32k |
| Amounts payable | 17/49 | €320k |
| Amounts payable within one year | 42/48 | €320k |
| Trade debts payable within one year | 44 | €161k |
| Income statement | ||
| Gross operating margin | 9900 | €111k |
| Operating result | 9901 | €11k |
| Financial income | 75 | €176 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2023 · computed56
/ 100
Fair
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationBUILDINC
since 20182.273.655.254
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area4,724 m²
Buildings1
Building footprint2,350 m²
Volume (LiDAR)20,845 m³
Tallest building15.1 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0473/00C005 | Flanders | 4,724 m² | 1 · 2,350 m² | 15.1 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Address history · 1
07-05-2024
Registered-office move
All acts · 2
updated 2 years ago
2024
07-05-2024 Registered office moved to Brugge
- 8000 Brugge, Houtkaai 23 bus 00.04
2022
29-06-2022 1 director appointed, 2 resigning
- Karl GHEYSEN, Bestuurder
- Karl GHEYSEN, Bestuurder
- Cedric PANTE, Bestuurder
Notary:
MIEKE VANHIXE · Ledegem
Analysis
Snowflake analysis
financial profile on 5 axes55
/ 100
Mixed profile: strong on stability, weaker on solvency.
Health
56
Profitability
42
Solvency
27
Growth
52
Stability
100
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Company registry (CBE)
Crossroads BankActivities
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Primary activity highlighted.
Names & trade names
| Legal nameNL | BUILDINC |
Registered office
Houtkaai 23 bus 0.04
8000 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.