Skip to content

123be

Active Private limited companyfounded 2024active for 1 yearSint-Elooisstraat 3, 8800 RoeselareKBO/BCE: BE 1016.454.288

Lifetime

1 annual account with figures
peak €52,744 (2025)
€52,744 
peak €36,346 (2025)
€36,346 
peak €36,646 (2025)
€36,646 
€38,580 
Board2 names since 2024
Documentsfilings and deeds
13-08-202613 days late
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €400,000 estimated

The micro format states no turnover.

Position in the sector

€36,346

Higher net result than 83% of companies in retail trade. Sector median €5,048 · 22,907 companies.

2025 accounts filed 13 days after the deadline

Checked score

69
Healthy
Financially stronger than 78% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2025: 2.1% 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.2%▲ +0.1 percentage points vs 01-2026 03-2026: 2.5%▲ +0.3 percentage points vs 02-2026 04-2026: 2.7%▲ +0.2 percentage points vs 03-2026 05-2026: 3.0%▲ +0.3 percentage points vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.3%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 3.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.9%▼ -2.3 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026

Financial strength
Strong

74equity 48.7% of total assets
70short-term debt 51.3% · cash 36.4%
100return on assets 48.3%

Score breakdown

raises risk
Founded in 2024
Size: total assets €75,225
lowers risk
Liquidity: current ratio 1.84, cash €27,397
Equity €36,646 (48.7% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 63% of them on solvency, 76% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as 123be has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of 123be itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,447 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 11,279 companies, not a prediction for 123be. 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 of up to €2,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.84, above the usual 1.5. Short-term debt is 51.3% and cash 36.4% of total assets. However, 51.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.84, cash €27,397
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €75,225
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €36,646 (48.7% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
13 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

SP
Director, since 21-11-2024
  • SIOEN Pieter-Jan 100 sharesdeed of 25-11-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1016454288
Incorporation Founding capital of €5,000, 100 shares · Founder: SIOEN Pieter-Jan · Appointments: SIOEN Pieter-Jan (director) and VEVERKA Jane (successor director) · published on 25-11-2024 · Gazette deed
2 establishments registered Roeselare
All 4 events

Comparable companies

same main activity, similar in size and age
Company
123be Roeselare €75,225 €52,744 48.7% -
DMCE Tienen €70,505 €58,528 60.7% -
Hey Solutions Zedelgem €67,348 €46,543 76.7% -
Axitech Mechelen €104,933 €47,040 -2.9% -
STAR BACK La Louvière €62,095 €55,342 58.0% -
Haru Consulting Boutersem €102,777 €63,669 62.0% -
VCO Harelbeke €68,037 €49,799 33.8% -

These companies have the same main activity as 123be: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €62,100 and €105,000, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 21-11-2024Normal situation
Activity
Retail sale of information and communication equipmentNACE 47400
Establishment units
2.366.586.1058800 Roeselare, since 21-11-2024
2.366.586.2048800 Roeselare, since 21-11-2024
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Annual accounts 2025

€75,225
Filing
Filed on 13-08-2026
Financials

Insights on 123be

123be has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,646 and a net result of €36,346.

Its solvency ranks better than 64% of 22,924 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about 123be

What is the company number of 123be?
The company number of 123be is 1016.454.288. The VAT number is the same number with BE in front: BE 1016.454.288.
Where is 123be based?
The registered office is at Sint-Elooisstraat 3, 8800 Roeselare.Company details
What does 123be do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of 123be?
123be is a private limited company (BV).
When was 123be founded?
123be was founded on 21-11-2024.
Is 123be still active?
Yes, 123be is an active enterprise in the KBO register.
What is the turnover of 123be?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €52,744 and 295 comparable companies (NACE 47). It probably lies between €220,000 and €660,000.Financials
Is 123be profitable?
In financial year 2025, 123be made a profit of €36,346.
Where can I find the annual accounts of 123be?
123be filed 1 annual account with the National Bank of Belgium, for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.