B.C.
ActiveFinancials · financial year 2026, full format
Annual accounts 2026 filed on 29-09-2026 at the NBB all 21 filings
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result for 2026 is a loss of €64,730, after a profit of €87,303 in 2025. It is the lowest result since 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 60 | 61 | 61 | 69 | 67 |
| full-time | 57 | 58 | 58 | 66 | 66 |
| part-time | 3 | 3 | 3 | 3 | 1 |
| in full-time equivalents | 58.9 | 59.9 | 59.9 | 68.2 | 66.6 |
| Average over the year, in full-time equivalents | 62.9 | 61.4 | 63.6 | 62.6 | 70.8 |
| On a permanent contract | 60 | 59 | 60 | 64 | 64 |
| Joined | 10 | 10 | 11 | 20 | 11 |
| Left | 13 | 9 | 12 | 12 | 13 |
| Agency workers, average number | 9 | 9.6 | 9 | 13.6 | 9.3 |
Source: social balance sheet in the 2022 to 2026 annual accounts
Auditor
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Fee for the audit | €7,000 | €7,000 | €7,000 | €7,325 | €7,325 |
Source: notes to the 2022 to 2026 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €6,976 awarded · €6,976 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €4,313 | €4,313 |
| 2022 | 1 | €2,663 | €2,663 |
Comparable companies
These companies have the same main activity as B.C.: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €3.4m and €12m, founded between 1997 and 2010.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| B.C. Ronse | 2005 | €5.1m | €1.3m | €31.0m | -€0.08m | 70.8 | 2026 |
| VEEPEE NORTHERN EUROPE Vorst | 2006 | €8.3m | €1.4m | €16.7m | €1.6m | 87.6 | 2025 |
| SWISS SENSE BELGIË Turnhout | 2010 | €8.3m | €2.6m | €31.1m | €0.7m | 61.7 | 2025 |
| B-CONNECTED Aalst | 1999 | €3.4m | €0.2m | €11.3m | -€0.2m | 75.3 | 2025 |
| JM BRUNEAU BELGIUM Gent | 1999 | €9.8m | €0.08m | €62.6m | €3.0m | 40.8 | 2025 |
| SUPPLEMENTS DISTRIBUTION Aubange | 1998 | €12.3m | €2.2m | €23.2m | €0.1m | 50.4 | 2025 |
| VAN ASSCHE Gent | 1997 | €9.4m | €4.7m | €26.6m | €1.2m | 38.2 | 2025 |
They were chosen from the 2,370 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 371 companies had the same profile as B.C. has now. Two years later, 0.5% had gone bankrupt and 97.3% were still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
That fits the bankruptcy probability of B.C. itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,445 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 371 companies, not a prediction for B.C.. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | €29.7m | - | €27.6m | €25.4m | €31.7m | €31.7m | €31.2m | ▼ 1.6% |
| Turnover70 | €26.0m | €29.5m | €31.6m | €27.5m | €25.2m | €31.5m | €31.6m | €31.0m | ▼ 1.8% |
| Other operating income74 | - | €0.1m | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 39.4% |
| Operating charges60/66A | - | €29.6m | - | €27.4m | €25.3m | €31.5m | €31.6m | €31.3m | ▼ 1.2% |
| Goods for resale, raw materials and consumables60 | - | €25.3m | - | €23.2m | €21.0m | €26.3m | €26.1m | €25.6m | ▼ 1.9% |
| Purchases600/8 | - | - | - | €23.2m | €21.0m | €26.3m | €26.1m | €25.6m | ▼ 1.9% |
| Services and other goods61 | - | €2.0m | - | €1.6m | €1.6m | €2.3m | €2.6m | €2.3m | ▼ 14.1% |
| Remuneration, social security and pensions62 | - | €2.2m | - | €2.5m | €2.6m | €2.9m | €2.8m | €3.3m | ▲ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.003m | €0.003m | €0.002m | - | - | - | - | - |
| Other operating charges640/8 | - | €0.06m | - | €0.05m | €0.06m | €0.07m | €0.07m | €0.08m | ▲ 5.8% |
| Non-recurring operating charges66A | - | - | - | €0.02m | - | - | - | - | - |
| Operating profit (loss)9901 | €0.08m | €0.09m | €0.9m | €0.3m | €0.09m | €0.2m | €0.09m | -€0.06m | - |
| Financial income75/76B | - | - | - | €90 | - | - | - | - | - |
| Recurring financial income75 | €4 | €19 | €3 | €90 | - | - | - | - | - |
| Other financial income752/9 | - | €19 | - | €90 | - | - | - | - | - |
| Financial charges65/66B | - | €0.008m | - | €0.009m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 3.3% |
| Recurring financial charges65 | €0.009m | €0.008m | €0.02m | €0.009m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 3.3% |
| Other financial charges652/9 | - | €0.008m | - | €0.009m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.08m | €0.9m | €0.3m | €0.08m | €0.2m | €0.08m | -€0.08m | - |
| Income taxes67/77 | €0.03m | €0.03m | €0.2m | €0.08m | €0.03m | €0.05m | €0.03m | €0.003m | ▼ 88.2% |
| Taxes670/3 | - | €0.03m | - | €0.08m | €0.03m | €0.05m | €0.03m | €0.003m | ▼ 88.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.001m | €286 | - | - | - | - |
| Profit (loss) for the period9904 | €0.04m | €0.06m | €0.7m | €0.2m | €0.05m | €0.1m | €0.05m | -€0.08m | - |
| Profit (loss) for the period to be appropriated9905 | €0.04m | €0.06m | €0.7m | €0.2m | €0.05m | €0.1m | €0.05m | -€0.08m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.6m | €6.1m | €5.6m | €5.5m | €7.2m | €8.8m | €9.0m | €5.1m | ▼ 43.2% |
| Fixed assets21/28 | €0.01m | €0.008m | €0.004m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Tangible fixed assets22/27 | €0.008m | €0.005m | €0.002m | - | - | - | - | - | - |
| Furniture and vehicles24 | - | €0.005m | - | - | - | - | - | - | - |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Other financial fixed assets284/8 | - | €0.003m | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Amounts receivable and cash guarantees285/8 | - | €0.003m | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Current assets29/58 | €4.6m | €6.1m | €5.6m | €5.5m | €7.2m | €8.8m | €9.0m | €5.1m | ▼ 43.2% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €7.9m | €4.0m | ▼ 49.2% |
| Other amounts receivable291 | - | - | - | - | - | - | €7.9m | €4.0m | ▼ 49.2% |
| Amounts receivable within one year40/41 | €4.5m | €5.6m | €5.3m | €5.4m | €6.9m | €8.5m | €0.6m | €0.8m | ▲ 27.9% |
| Trade receivables40 | - | €0.2m | - | €0.04m | €0.4m | €0.4m | €0.6m | €0.6m | ▼ 6.2% |
| Other amounts receivable41 | - | €5.4m | - | €5.3m | €6.6m | €8.1m | €0.03m | €0.2m | ▲ 748% |
| Cash at bank and in hand54/58 | €0.05m | €0.5m | €0.3m | €0.1m | €0.2m | €0.3m | €0.5m | €0.3m | ▼ 40.4% |
| Deferred charges and accrued income490/1 | - | €0.007m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▼ 4.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.6m | €6.1m | €5.6m | €5.5m | €7.2m | €8.8m | €9.0m | €5.1m | ▼ 43.2% |
| Equity10/15 | €3.7m | €3.8m | €4.4m | €4.6m | €4.7m | €4.8m | €1.4m | €1.3m | ▼ 5.9% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | €0.5m | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | €0.5m | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | €0.8m | €0.8m | ▼ 9.4% |
| Non-distributable reserves130/1 | - | €0.05m | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | €0.05m | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | €2.2m | - | €2.2m | €2.2m | €2.2m | €0.8m | €0.7m | ▼ 10.0% |
| Profit (loss) carried forward14 | €0.9m | €1.0m | €1.7m | €1.8m | €1.9m | €2.0m | - | - | - |
| Amounts payable17/49 | €0.9m | €2.3m | €1.1m | €0.9m | €2.5m | €4.0m | €7.7m | €3.9m | ▼ 49.8% |
| Amounts payable within one year42/48 | €0.8m | €2.3m | €1.1m | €0.9m | €2.5m | €3.9m | €7.6m | €3.8m | ▼ 49.9% |
| Trade debts44 | €0.4m | €1.8m | €0.5m | €0.4m | €1.9m | €3.4m | €3.4m | €3.3m | ▼ 4.0% |
| Suppliers440/4 | - | €1.8m | - | €0.4m | €1.9m | €3.4m | €3.4m | €3.3m | ▼ 4.0% |
| Advances received on contracts in progress46 | - | €0.006m | - | - | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | €0.5m | - | €0.4m | €0.5m | €0.5m | €0.7m | €0.5m | ▼ 26.3% |
| Taxes450/3 | - | €0.1m | - | €0.02m | €0.1m | €0.1m | €0.1m | €0.02m | ▼ 82.1% |
| Remuneration and social security454/9 | - | €0.4m | - | €0.4m | €0.4m | €0.4m | €0.6m | €0.5m | ▼ 16.8% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.03m | €0.03m | €3.5m | €0.03m | ▼ 99.2% |
| Accrued charges and deferred income492/3 | - | €0.03m | - | €0.05m | €0.03m | €0.04m | €0.05m | €0.03m | ▼ 30.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,423 | €55,242 | €671,728 | €192,681 | €53,304 | €118,295 | €49,442 | -€79,689 | - |
| + Depreciation and write-downs630 | €3,107 | €3,107 | €3,107 | €1,700 | - | - | - | - | - |
| Operating cash flow (approximation) | €44,529 | €58,349 | €674,834 | €194,382 | €53,304 | €118,295 | €49,442 | -€79,689 | - |
| Investment in fixed assets (approximation) | - | -€0 | -€0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €419,864 | -€210,121 | -€140,903 | €91,133 | €61,847 | €230,969 | -€205,103 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | full format | 29-09-2026 | 2026-00537051 | NBB |
| 31-03-2025 | full format | 25-09-2025 | 2025-00506657 | |
| 31-03-2024 | full format | 25-09-2024 | 2024-00473732 | |
| 31-03-2023 | full format | 11-10-2023 | 2023-00484992 | |
| 31-03-2022 | full format | 13-10-2022 | 2022-20459153 | |
| 31-03-2021 | full format | 20-10-2021 | 2021-72500378 | |
| 31-03-2020 | full format | 20-10-2020 | 2020-62900137 | |
| 31-03-2019 | full format | 30-10-2019 | 2019-72000431 | |
| 31-03-2018 | full format | 12-09-2018 | 2018-62900574 | |
| 31-03-2017 | full format | 29-09-2017 | 2017-65300488 |