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B.C.M.

Active
Private limited companyfounded 198837 yrs activeTerbekehofdreef 67, 2610 Antwerpen, BelgiumKBO/BCE: BE 0435.855.345
Summary

B.C.M. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €162,558. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 1042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability79▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 4.66 against 6.04 in 2024; short-term debt: 15.5% and cash: 0.3% of total assets), and 25.3% of the assets are financed with debt.
Credit check for your own amount and term

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

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 date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
74.7%
Return on assets
8.5%
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 23-03-2026, 130 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
130 d early
2024
41 d early
2023
15 d early
2022
38 d early
2021
10 d late
2020
29 d early
2019
34 d late
← 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 30 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 23 June (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 November 1988, B.C.M. was incorporated.1 Total assets went from EUR 1.8 million in 2018 to EUR 1.9 million in 2025 and headcount from 8.9 to 7.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.4m▼ 19.2%
2024 · €1.8m
Total assets
€1.9m▼ 8.6%
2024 · €2.1m
Net result
€162,558▼ 11.0%
2024 · €182,650
Working capital
€1.1m▼ 31.2%
2024 · €1.6m
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€268,262▲ 161%€362,281▲ 35.0%€463,183▲ 27.9%€279,021▼ 39.8%€240,990▼ 13.6%
Net result€185,885within the sector's middle half▲ 170%€247,033above the sector's middle half▲ 32.9%€308,152above the sector's middle half▲ 24.7%€182,650within the sector's middle half▼ 40.7%€162,558within the sector's middle half▼ 11.0%
Equity€1.4mabove the sector's middle half▲ 14.8%€1.6mabove the sector's middle half▲ 11.9%€1.7mabove the sector's middle half▲ 7.2%€1.8mabove the sector's middle half▲ 2.5%€1.4mabove the sector's middle half▼ 19.2%
Total assets€1.8mwithin the sector's middle half▲ 15.0%€2.0mwithin the sector's middle half▲ 12.6%€2.1mwithin the sector's middle half▲ 3.6%€2.1mwithin the sector's middle half▲ 1.0%€1.9mwithin the sector's middle half▼ 8.6%
Debt€338,924▲ 15.6%€390,559▲ 15.2%€347,412▼ 11.0%€325,338▼ 6.4%€483,716▲ 48.7%
Working capital€1.2mabove the sector's middle half▲ 15.9%€1.4mabove the sector's middle half▲ 14.9%€1.5mabove the sector's middle half▲ 5.6%€1.6mabove the sector's middle half▲ 5.8%€1.1mabove the sector's middle half▼ 31.2%
Solvency80.9%above the sector's middle half▼ 0.1pp80.5%above the sector's middle half▼ 0.5pp83.2%above the sector's middle half▲ 2.8pp84.5%above the sector's middle half▲ 1.2pp74.7%above the sector's middle half▼ 9.7pp
Current ratio4.78above the sector's middle half▼ 0.135.33above the sector's middle half▲ 0.555.68above the sector's middle half▲ 0.356.04above the sector's middle half▲ 0.364.66above the sector's middle half▼ 1.38
Return on assets (ROA)10.5%within the sector's middle half▲ 6.0pp12.3%within the sector's middle half▲ 1.9pp14.9%above the sector's middle half▲ 2.5pp8.7%within the sector's middle half▼ 6.1pp8.5%within the sector's middle half▼ 0.2pp
Staff (FTE)6.7within the sector's middle half▲ 19.6%7.3within the sector's middle half▲ 9.0%8.1within the sector's middle half▲ 11.0%8.1within the sector's middle half=7.5within the sector's middle half▼ 7.4%
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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2021: €268,262€268,262Net result 2021: €185,885€185,885Operating result 2022: €362,281€362,281Net result 2022: €247,033€247,033Operating result 2023: €463,183€463,183Net result 2023: €308,152€308,152Operating result 2024: €279,021€279,021Net result 2024: €182,650€182,650Operating result 2025: €240,990€240,990Net result 2025: €162,558€162,55820212022202320242025€0€200,000€400,000Operating result 2023: €463,183€463,000Net result 2023: €308,152€308,000Operating result 2024: €279,021€279,000Net result 2024: €182,650€183,000Operating result 2025: €240,990€241,000Net result 2025: €162,558€163,000202320242025
The operating result has fallen two years in a row; 2025 is 14% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €530,992 ▲ 162%
Current assets €1.4m ▼ 26.9%
Equity and liabilities €1.9m
Equity €1.4m ▼ 19.2%
Debt €483,716 ▲ 48.7%
Debt's share of the balance-sheet total rises from 15.5% to 25.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€355,938▲
2024 · €353,406
Cash flow
€277,506▲
2024 · €257,034
Quick ratio
4.04▼
2024 · 5.63
Debt to equity
0.34▲
2024 · 0.18
ROE
11.4%▲
2024 · 10.3%
Interest coverage
19.99▼
2024 · 24.77
Debt ≤ 1 year
€296,532▼
2024 · €313,193
Debt > 1 year
€187,184▲
2024 · €12,146
Income taxes
€65,271▼
2024 · €83,778
Staff costs
€415,628▼
2024 · €459,657
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.1m€1.9m▼
Fixed assets21/28€202,455€530,992▲
Intangible fixed assets21€38,453€32,044▼
Tangible fixed assets22/27€150,102€485,048▲
Land and buildings22€13,670€8,556▼
Plant, machinery and equipment23€125,839€342,787▲
Furniture and vehicles24€10,593€133,704▲
Financial fixed assets28€13,900€13,900=
Current assets29/58€1.9m€1.4m▼
Stocks and contracts in progress3€129,570€184,930▲
Stocks30/36€129,570€184,930▲
Amounts receivable within one year40/41€1.0m€1.2m▲
Trade receivables40€212,330€261,675▲
Other amounts receivable41€803,572€930,368▲
Cash at bank and in hand54/58€745,865€4,929▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.9m▼
Equity10/15€1.8m€1.4m▼
Contributions10/11€18,592€18,592=
Reserves13€1.7m€1.4m▼
Distributable reserves133€1.7m€1.4m▼
Amounts payable17/49€325,338€483,716▲
Amounts payable after more than one year17€12,146€187,184▲
Financial debts170/4€12,146€187,184▲
Amounts payable within one year42/48€313,193€296,532▼
Current portion of amounts payable after more than one year42€94,539€118,060▲
Trade debts44€72,527€79,827▲
Suppliers440/4€72,527€79,827▲
Taxes, remuneration and social security45€146,127€98,645▼
Taxes450/3€109,956€54,787▼
Remuneration and social security454/9€36,171€43,858▲
Income statement Code20242025
Non-recurring operating income76A-€13,794
Remuneration, social security and pensions62€459,657€415,628▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,385€114,948▲
Other operating charges640/8€19,592€7,325▼
Gross operating margin9900€832,654€778,891▼
Operating profit (loss)9901€279,021€240,990▼
Financial income75/76B€1,675€4,643▲
Recurring financial income75€1,675€4,643▲
Financial charges65/66B€14,268€17,803▲
Recurring financial charges65€14,268€17,803▲
Profit (loss) for the period before taxes9903€266,428€227,829▼
Income taxes67/77€83,778€65,271▼
Profit (loss) for the period9904€182,650€162,558▼
Profit (loss) for the period to be appropriated9905€182,650€162,558▼
Appropriation of the result
Profit (loss) to be appropriated9906€182,650€162,558▼
Transfer from equity791/2€139,329€501,834▲
Transfer to equity691/2€182,650€162,558▼
To other reserves6921€182,650€162,558▼
Profit to be distributed694/7€139,329€501,834▲
Return on contributions (dividend)694€139,329€501,834▲
Social balance
Average headcount (FTE)90878.17.5▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€826€24,795--€13,794-
Remuneration, social security and pensions62€331,188€411,794€407,577€459,657€415,628▼ 9.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€113,401€60,949€76,770€74,385€114,948▲ 54.5%
Other operating charges640/8€3,725€3,113€4,394€19,592€7,325▼ 62.6%
Gross operating margin9900€716,575€838,137€951,924€832,654€778,891▼ 6.5%
Operating profit (loss)9901€268,262€362,281€463,183€279,021€240,990▼ 13.6%
Financial income75/76B--€1,187€1,675€4,643▲ 177%
Recurring financial income75--€1,187€1,675€4,643▲ 177%
Non-recurring financial income76B--€1,187---
Financial charges65/66B€3,043€7,877€13,184€14,268€17,803▲ 24.8%
Recurring financial charges65€3,043€7,877€13,184€14,268€17,803▲ 24.8%
Profit (loss) for the period before taxes9903€265,219€354,403€451,185€266,428€227,829▼ 14.5%
Income taxes67/77€79,333€107,370€143,034€83,778€65,271▼ 22.1%
Profit (loss) for the period9904€185,885€247,033€308,152€182,650€162,558▼ 11.0%
Profit (loss) for the period to be appropriated9905€185,885€247,033€308,152€182,650€162,558▼ 11.0%
Line20212022202320242025Change
Assets
Total assets20/58€1.8m€2.0m€2.1m€2.1m€1.9m▼ 8.6%
Fixed assets21/28€222,333€260,701€261,418€202,455€530,992▲ 162%
Intangible fixed assets21€57,679€51,270€44,862€38,453€32,044▼ 16.7%
Tangible fixed assets22/27€150,753€195,531€202,657€150,102€485,048▲ 223%
Land and buildings22€29,010€23,897€18,783€13,670€8,556▼ 37.4%
Plant, machinery and equipment23€86,039€146,700€169,710€125,839€342,787▲ 172%
Furniture and vehicles24€35,704€24,934€14,163€10,593€133,704▲ 1,162%
Financial fixed assets28€13,900€13,900€13,900€13,900€13,900=
Current assets29/58€1.6m€1.7m€1.8m€1.9m€1.4m▼ 26.9%
Stocks and contracts in progress3€57,948€51,360€53,240€129,570€184,930▲ 42.7%
Stocks30/36€57,948€51,360€53,240€129,570€184,930▲ 42.7%
Amounts receivable within one year40/41€1.4m€1.4m€1.5m€1.0m€1.2m▲ 17.3%
Trade receivables40€244,201€218,827€149,773€212,330€261,675▲ 23.2%
Other amounts receivable41€1.1m€1.2m€1.4m€803,572€930,368▲ 15.8%
Cash at bank and in hand54/58€138,971€315,787€201,795€745,865€4,929▼ 99.3%
Deferred charges and accrued income490/1--€6,755---
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.0m€2.1m€2.1m€1.9m▼ 8.6%
Equity10/15€1.4m€1.6m€1.7m€1.8m€1.4m▼ 19.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€1.4m€1.6m€1.7m€1.7m€1.4m▼ 19.4%
Non-distributable reserves130/1€1,859€1,859----
Reserves not available under the articles1311€1,859€1,859----
Distributable reserves133€1.4m€1.6m€1.7m€1.7m€1.4m▼ 19.4%
Amounts payable17/49€338,924€390,559€347,412€325,338€483,716▲ 48.7%
Amounts payable after more than one year17€13,775€64,209€28,363€12,146€187,184▲ 1,441%
Financial debts170/4€13,775€64,209€28,363€12,146€187,184▲ 1,441%
Amounts payable within one year42/48€325,149€326,350€319,049€313,193€296,532▼ 5.3%
Current portion of amounts payable after more than one year42€57,641€58,683€73,884€94,539€118,060▲ 24.9%
Trade debts44€196,273€119,551€84,056€72,527€79,827▲ 10.1%
Suppliers440/4€196,273€119,551€84,056€72,527€79,827▲ 10.1%
Taxes, remuneration and social security45€71,235€148,115€161,108€146,127€98,645▼ 32.5%
Taxes450/3€45,780€117,943€129,640€109,956€54,787▼ 50.2%
Remuneration and social security454/9€25,454€30,172€31,468€36,171€43,858▲ 21.3%
Line20212022202320242025Change
Profit (loss) for the period9904€185,885€247,033€308,152€182,650€162,558▼ 11.0%
+ Depreciation and write-downs630€113,401€60,949€76,770€74,385€114,948▲ 54.5%
Operating cash flow (approximation)€299,286€307,983€384,922€257,034€277,506▲ 8.0%
Investment in fixed assets (approximation)--€99,318-€77,487-€15,421-€443,485▼ 2,776%
Change in cash-€176,815-€113,992€544,070-€740,936▼ 236%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
State Gazette act Resignation: Patrick Buelens (director)
Permanent representative: Anton Zaytsev · Power of attorney5 facts ▸
  • General meeting, 28-08-2026
  • Director resignation, Patrick Buelens (director)
  • Power of attorney, Paul Geboes
  • Other statement, Antwerpen afdeling Antwerpen 1041.198.691, bestuurder
  • Permanent representative, Anton Zaytsev (permanent representative)
23-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €308,152 ▲24.7%
Operating result €463,183, net result €308,152, both a record.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €68,915 ▼50.5%
Net result drops to €68,915, the lowest in the series; recovery starts the following year.
03-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
02-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
4,146 m²
Building footprint
2,266 m²
Volume, LiDAR
13,041 m³
Parcel 11463D0178/00T000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
B.C.M.
Terbekehofdreef 67, 2610 AntwerpenManufacture of machinery and equipment not elsewhere classified
since 19882.041.041.633
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0178/00T000 Flanders 4,146 m² 1 · 2,266 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Patrick Buelens
  • Director, until 10-09-2026
See the board, name and seat on a given date →

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,820 EUR awarded · 2,820 EUR paid
Year Entries awardedpaid
2024 1 2,820 EUR2,820 EUR
Schemes
1 entry · 2,820 EUR · 2,820 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

2 live approvals
Hoeknaadlasser duaal (so)
Goedgekeurd · 2025 to 2030
Lassen-constructie duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,021 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
Founded18-11-1988
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435855345
Registered 03-09-2025

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.