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B ASSOCIATE

Active Private limited companyfounded 2008active for 17 yearsAlbertynlaan 41, 1200 Woluwe-Saint-LambertKBO/BCE: BE 0807.980.207

Lifetime

16 annual accounts with figures on one time axis
peak €450,255 (2023)
€437,984▲ 20.0%
peak €305,991 (2023)
€301,978▲ 13.0%
peak €1.1m (2024)
€883,950▼ 22.8%
€684,288▲ 156%
Board1 name since 2019
- 
Documentsfilings and deeds
14-12-2025137 days before the deadline
2025micro format
Gross margin from €365,120 to €437,984Dividend €563,088Equity from €1.1m to €883,950Debts from €267,182 to €684,288Cash from €381,628 to €570,419

Key points

from the 2025 annual accounts

Equity

€883,950 ▼ 22.8%
1.12024+0.3Profit-0.6Dividend0.92025

B ASSOCIATE paid out €563,088 in dividends. That is 186% of the 2025 profit.

Turnover

≈ €760,000 estimated

The micro format states no turnover.

Debts

€684,288 ▲ 156%
Other debts
+415,080
Taxes and wages
+11,068
Suppliers
+2,417
The rest
-11,459

Debts rose by €417,106 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Liquidity

1.77 was 4.75 in 2024

Short-term debts rose from €195,347 to €624,056.

Filings

16 annual accounts since 2009
deadline2010201520202025

The last five annual accounts were filed 10 to 137 days before the end of the period.

Position in the sector

€301,978

Higher net result than 95% of companies in legal and accounting. Sector median €36,720 · 16,409 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,806 companies had the same profile as B ASSOCIATE has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 17,806 companies, not a prediction for B ASSOCIATE. 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

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

Signals

Board and ownership

last known board
Director, last mentioned in 2019
Board & ownership

Recent changes

Capital decrease of €159,668.91 to €18,600 Capital from €178,268.91 to €18,600 · Appointment: (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 25-10-2019 · Gazette deed
Capital decrease of €50,000 to €178,268.91 Capital from €228,268.91 to €178,268.91 · Gazette deed
Incorporation published on 27-11-2008 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
B ASSOCIATE Woluwe-Saint-Lambert €1.6m €437,984 56.4% -
Bedrijfsconsult Willems Ternat €1.6m €431,712 56.1% -
Vermassen Consulting Erpe-Mere €1.5m €450,420 81.4% 2.8
MAQUMI Knokke-Heist €1.6m €463,420 84.0% -
BOEKHOUDINGSKANTOOR LEUWERS BART Menen €1.5m €410,912 68.8% -
MACK & MAE Beernem €1.7m €382,914 57.1% -
ACCION Antwerp €1.7m €454,293 21.4% -

These companies have the same main activity as B ASSOCIATE: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1.5m and €1.7m, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 25-11-2008Normal situation
Activity
Certified accountants and tax accountantsNACE 69201
Financial year end
30 September
Peppol
Reachable
Company details

Annual accounts to 30-09-2025

€1.6m▲ 11.0%
Filing
Filed on 14-12-2025, 137 days before the end of the filing period
Financials

Insights on B ASSOCIATE

B ASSOCIATE files the micro format. That format states no turnover. The gross margin rose from €127,389 in 2009 to €437,984 in 2025.

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 B ASSOCIATE

What is the company number of B ASSOCIATE?
The company number of B ASSOCIATE is 0807.980.207. The VAT number is the same number with BE in front: BE 0807.980.207.
Where is B ASSOCIATE based?
The registered office is at Albertynlaan 41, 1200 Woluwe-Saint-Lambert.Company details
What does B ASSOCIATE do?
According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
What is the legal form of B ASSOCIATE?
B ASSOCIATE is a private limited company (BV).
When was B ASSOCIATE founded?
B ASSOCIATE was founded on 25-11-2008.
Is B ASSOCIATE still active?
Yes, B ASSOCIATE is an active enterprise in the KBO register.
What is the turnover of B ASSOCIATE?
The turnover in financial year 2025 is ≈ €760,000. This figure is estimated from the gross margin of €437,984 and 34 comparable companies (NACE 69201). It probably lies between €660,000 and €910,000.Financials
Is B ASSOCIATE profitable?
In financial year 2025, B ASSOCIATE made a profit of €301,978.
Where can I find the annual accounts of B ASSOCIATE?
B ASSOCIATE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B ASSOCIATE due?
B ASSOCIATE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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