Equity
€582,799 ▲ 69.3%
Equity rose in 2025 from €344,151 to €582,799.
Association BVG
Lifetime
9 annual accounts with figures on one time axispeak €109,959 (2023)
€106,708▼ 2.1%
lowest -€8,921 (2020)
€238,648▼ 5.3%
peak €582,799 (2025)
€582,799▲ 69.3%
€431,321▼ 29.0%
Board2 names since 2017
2 directorsBODY Valérie Anne Sophie and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Registered office moved within La Roche-en-Ardenne 28-04Equity from €344,151 to €582,799Debts from €607,745 to €431,321Cash from €34,182 to €15,427
Key points
from the 2025 annual accountsChecked score
91
Excellent
Financially stronger than 58% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.6 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 2.10, cash €15,427, halved
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €1.0m
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 69, micro). It does better than 54% of them on solvency, 31% on liquidity, 61% on profitability and 85% on growth.
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 very low class on 30-06-2025, 0.1% 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, 6,782 companies had the same profile as Association BVG has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of Association BVG itself: 0.2% 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.
| 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 6,782 companies, not a prediction for Association BVG. 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 €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.1 (0.77 in 2024), above the usual 1.5. Short-term debt is 12.3% and cash 1.5% of total assets. 42.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 days early
2024
6 days late
2023
6 days early
2022
33 days early
2021
9 days late
2020
51 days early
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN GEEN Guillaume Michel Martin Ghislaindeed of 14-07-2020
- BODY Valérie Anne Sophiedeed of 14-07-2020
Shares in 1 company, FIDUCIAIRE DE L'OURTHE
Board & ownershipRecent changes
Registered office moved within La Roche-en-Ardenne
New registered office: Avenue de Villez 81, 6980 La Roche-en-Ardenne · Previous registered office: Avenue de Villez 77A, 6980 La Roche-en-Ardenne · General meeting of 12-03-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0669941881
Changes of role: VAN GEEN Guillaume Michel Martin Ghislain (statutory director) and BODY Valérie Anne Sophie (statutory director)
“L’organisation des services comptables et le conseil en ces matières; L’ouverture,la tenue,la centralisation…” (deed in French) · VAN GEEN Guillaume Michel Martin Ghislain is a shareholder · BODY Valérie Anne Sophie is a shareholder · General meeting of 22-06-2020 · Gazette deed
Incorporation
published on 26-01-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Association BVG La Roche-en-Ardenne | €1.0m | €106,708 | 57.5% | - |
| Boekhoudkantoor De Rechter Lokeren | €1.0m | €106,351 | 15.0% | - |
| AGSP Aiseau-Presles | €1.0m | €112,293 | 83.2% | - |
| KOZAC Buggenhout | €1.0m | €98,425 | 26.9% | - |
| SDE MANAGEMENT Ath | €1.1m | €114,068 | 49.1% | - |
| HD Accountancy Bruges | €1.2m | €112,894 | 16.7% | - |
| Fiscalex Mol | €1.0m | €123,902 | 7.3% | - |
These companies have the same main activity as Association BVG: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €957,000 and €1.2m, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 24-01-2017Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201and 1 other
- Establishment unit
- 2.261.895.9836980 La Roche-en-Ardenne, since 24-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 15-03-2025
Annual accounts 2025
- ≈ €200,000estimated
- €1.0m▲ 6.5%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on Association BVG
Association BVG files the abbreviated format. That format states no turnover. The gross margin rose from €10,994 in 2017 to €106,708 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
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 Association BVG
- What is the company number of Association BVG?
- The company number of Association BVG is 0669.941.881. The VAT number is the same number with BE in front: BE 0669.941.881.
- Where is Association BVG based?
- The registered office is at Avenue de Villez 81, 6980 La Roche-en-Ardenne.Company details
- What does Association BVG do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of Association BVG?
- Association BVG is a private limited company (BV).
- When was Association BVG founded?
- Association BVG was founded on 24-01-2017.
- Is Association BVG still active?
- Yes, Association BVG is an active enterprise in the KBO register.
- What is the turnover of Association BVG?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €106,708 and 56 comparable companies (NACE 69201). It probably lies between €160,000 and €240,000.Financials
- Is Association BVG profitable?
- In financial year 2025, Association BVG made a profit of €238,648.
- Where can I find the annual accounts of Association BVG?
- Association BVG filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Association BVG due?
- Association BVG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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