B.C.D.
ActiveSummary
B.C.D. has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €16,489. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 5.71 against 2.18 in 2024; short-term debt: 5.3% and cash: 5.1% of total assets), and 5.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.7%
Return on assets
0.9%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
6 d early
2023
5 d early
2022
31 d early
2021
20 d early
2020
5 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#7 oldest company in Tongeren-Borgloon, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,489▼ 42.7%
2024 · €28,752
Working capital
€434,697▲ 47.1%
2024 · €295,559
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€59,544▼ 6.5%€50,330▼ 15.5%€43,914▼ 12.7%€41,028▼ 6.6%€22,458▼ 45.3%
Net result€43,749within the sector's middle half▼ 2.4%€36,978within the sector's middle half▼ 15.5%€32,262within the sector's middle half▼ 12.8%€28,752within the sector's middle half▼ 10.9%€16,489within the sector's middle half▼ 42.7%
Equity€1.5mabove the sector's middle half▲ 2.9%€1.6mabove the sector's middle half▲ 2.4%€1.6mwithin the sector's middle half▲ 2.0%€1.6mwithin the sector's middle half▲ 1.8%€1.7mwithin the sector's middle half▲ 1.0%
Total assets€1.8mwithin the sector's middle half▼ 1.7%€1.9mwithin the sector's middle half▲ 1.0%€1.9mwithin the sector's middle half▼ 0.6%€1.9mwithin the sector's middle half▲ 1.8%€1.7mwithin the sector's middle half▼ 7.5%
Debt€308,740▼ 19.7%€289,881▼ 6.1%€246,873▼ 14.8%€250,902▲ 1.6%€92,364▼ 63.2%
Working capital-€157,357below the sector's middle half▲ 32.8%€2,260below the sector's middle half€144,158within the sector's middle half▲ 6,280%€295,559within the sector's middle half▲ 105%€434,697within the sector's middle half▲ 47.1%
Solvency83.3%above the sector's middle half▲ 3.7pp84.5%above the sector's middle half▲ 1.2pp86.7%above the sector's middle half▲ 2.2pp86.7%above the sector's middle half=94.7%above the sector's middle half▲ 8.0pp
Current ratio0.47below the sector's middle half▲ 0.301.01below the sector's middle half▲ 0.541.58within the sector's middle half▲ 0.582.18within the sector's middle half▲ 0.595.71above the sector's middle half▲ 3.53
Return on assets (ROA)2.4%within the sector's middle half=2.0%within the sector's middle half▼ 0.4pp1.7%within the sector's middle half▼ 0.2pp1.5%within the sector's middle half▼ 0.2pp0.9%within the sector's middle half▼ 0.6pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1.1below the sector's middle half▲ 10.0%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 45% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.2m ▼ 9.1%
Current assets
€527,061 ▼ 3.5%
Equity and liabilities €1.7m
Equity
€1.7m ▲ 1.0%
Debt
€92,364 ▼ 63.2%
Debt's share of the balance-sheet total falls from 13.3% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€145,107▼
2024 · €163,677
Cash flow
€139,138▼
2024 · €151,401
Debt to equity
0.06▼
2024 · 0.15
ROE
1.0%▼
2024 · 1.8%
Interest coverage
4894.01▼
2024 · 6950.17
Debt ≤ 1 year
€92,364▼
2024 · €250,902
Income taxes
€5,945▼
2024 · €12,252
Staff costs
€135,167▲
2024 · €70,291
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €53,946 | €54,831 | €59,801 | €70,291 | €135,167 | ▲ 92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €122,649 | €122,648 | €122,649 | €122,649 | €122,649 | = |
| Other operating charges640/8 | €139 | €868 | €1,114 | €1,019 | €62 | ▼ 93.9% |
| Gross operating margin9900 | €236,277 | €228,677 | €227,478 | €234,986 | €280,337 | ▲ 19.3% |
| Operating profit (loss)9901 | €59,544 | €50,330 | €43,914 | €41,028 | €22,458 | ▼ 45.3% |
| Financial income75/76B | €0 | - | - | - | €6 | - |
| Recurring financial income75 | €0 | - | - | - | €6 | - |
| Financial charges65/66B | €21 | €20 | €20 | €24 | €30 | ▲ 25.9% |
| Recurring financial charges65 | €21 | €20 | €20 | €24 | €30 | ▲ 25.9% |
| Profit (loss) for the period before taxes9903 | €59,523 | €50,310 | €43,894 | €41,004 | €22,434 | ▼ 45.3% |
| Income taxes67/77 | €15,774 | €13,332 | €11,632 | €12,252 | €5,945 | ▼ 51.5% |
| Profit (loss) for the period9904 | €43,749 | €36,978 | €32,262 | €28,752 | €16,489 | ▼ 42.7% |
| Profit (loss) for the period to be appropriated9905 | €43,749 | €36,978 | €32,262 | €28,752 | €16,489 | ▼ 42.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.9m | €1.9m | €1.9m | €1.7m | ▼ 7.5% |
| Fixed assets21/28 | €1.7m | €1.6m | €1.5m | €1.3m | €1.2m | ▼ 9.1% |
| Intangible fixed assets21 | €649,158 | €526,510 | €403,861 | €281,212 | €158,563 | ▼ 43.6% |
| Financial fixed assets28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Current assets29/58 | €138,361 | €279,127 | €391,031 | €546,460 | €527,061 | ▼ 3.5% |
| Amounts receivable within one year40/41 | - | €121,000 | €12,100 | €121,000 | €12,100 | ▼ 90.0% |
| Trade receivables40 | - | €121,000 | €12,100 | €121,000 | €12,100 | ▼ 90.0% |
| Cash at bank and in hand54/58 | €138,361 | €158,127 | €210,432 | €256,852 | €88,261 | ▼ 65.6% |
| Deferred charges and accrued income490/1 | - | - | €168,499 | €168,609 | €426,700 | ▲ 153% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.9m | €1.9m | €1.9m | €1.7m | ▼ 7.5% |
| Equity10/15 | €1.5m | €1.6m | €1.6m | €1.6m | €1.7m | ▲ 1.0% |
| Contributions10/11 | €922,493 | €922,493 | €922,493 | €922,493 | €922,493 | = |
| Capital10 | €922,493 | €922,493 | €922,493 | €922,493 | €922,493 | = |
| Issued capital100 | €922,493 | €922,493 | €922,493 | €922,493 | €922,493 | = |
| Reserves13 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Non-distributable reserves130/1 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Legal reserve130 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Profit (loss) carried forward14 | €613,782 | €650,760 | €683,023 | €711,775 | €728,264 | ▲ 2.3% |
| Amounts payable17/49 | €308,740 | €289,881 | €246,873 | €250,902 | €92,364 | ▼ 63.2% |
| Amounts payable within one year42/48 | €295,718 | €276,868 | €246,873 | €250,902 | €92,364 | ▼ 63.2% |
| Trade debts44 | - | €1,040 | €6,093 | €3,192 | - | - |
| Suppliers440/4 | - | €1,040 | €6,093 | €3,192 | - | - |
| Taxes, remuneration and social security45 | €22,981 | €21,261 | €20,914 | €21,243 | €10,929 | ▼ 48.6% |
| Taxes450/3 | €16,696 | €14,143 | €12,348 | €11,174 | €5,943 | ▼ 46.8% |
| Remuneration and social security454/9 | €6,285 | €7,118 | €8,565 | €10,069 | €4,986 | ▼ 50.5% |
| Other amounts payable47/48 | €272,737 | €254,567 | €219,867 | €226,467 | €81,435 | ▼ 64.0% |
| Accrued charges and deferred income492/3 | €13,022 | €13,013 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,749 | €36,978 | €32,262 | €28,752 | €16,489 | ▼ 42.7% |
| + Depreciation and write-downs630 | €122,649 | €122,648 | €122,649 | €122,649 | €122,649 | = |
| Operating cash flow (approximation) | €166,398 | €159,626 | €154,911 | €151,401 | €139,138 | ▼ 8.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €19,767 | €52,305 | €46,420 | -€168,590 | ▼ 463% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 5.71
Current ratio from 2.18 to 5.71; short-term debt falls from €250,902 to €92,364.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.01
Current ratio from 0.47 to 1.01; short-term debt falls from €295,718 to €276,868.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €44,839 ▲43.8%
Operating result €63,670, net result €44,839, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 33 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 1985
Ground area
5,458 m²
Building footprint
1,951 m²
Volume, LiDAR
10,569 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Establishment
since 19852.027.107.186
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73046A0614/00C000 | Flanders | 4,538 m² | 1 · 1,472 m² | 6.7 m · 2 fl. |
| 73090D0358/00B000 | Flanders | 920 m² | 1 · 479 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,982 companies in sector 25110 we hold annual accounts for 2,144. 1,126 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-06-1985
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427270152
Also
9925:BE0427270152
Registered
21-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.