B-Commerce
ActiveSummary
B-Commerce has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €189,422 and a net result of €29,403. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 9046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▼-8
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 83.69 against 25.0 in 2023; short-term debt: 1.1% and cash: 44.6% of total assets), and 1.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
31 d early
2021
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€189,422▲ 18.4%
2023 · €160,019
Total assets
€191,518▲ 15.3%
2023 · €166,091
Net result
€29,403▼ 20.1%
2023 · €36,784
Working capital
€173,381▲ 19.0%
2023 · €145,732
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line2021202220232024
Operating result€143,376-€24,789▼ 82.7%€49,296▲ 98.9%€37,868▼ 23.2%
Net result€98,947within the sector's middle half-€18,289within the sector's middle half▼ 81.5%€36,784within the sector's middle half▲ 101%€29,403within the sector's middle half▼ 20.1%
Equity€104,947below the sector's middle half-€123,235below the sector's middle half▲ 17.4%€160,019within the sector's middle half▲ 29.8%€189,422within the sector's middle half▲ 18.4%
Total assets€106,548below the sector's middle half-€126,185below the sector's middle half▲ 18.4%€166,091below the sector's middle half▲ 31.6%€191,518below the sector's middle half▲ 15.3%
Debt€1,602-€2,950▲ 84.2%€6,072▲ 106%€2,097▼ 65.5%
Working capital€94,886-€111,555▲ 17.6%€145,732▲ 30.6%€173,381▲ 19.0%
Solvency98.5%above the sector's middle half-97.7%above the sector's middle half▼ 0.8pp96.3%above the sector's middle half▼ 1.3pp98.9%above the sector's middle half▲ 2.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €191,518
Fixed assets
€16,041 ▲ 12.3%
Current assets
€175,478 ▲ 15.6%
Equity and liabilities €191,518
Equity
€189,422 ▲ 18.4%
Debt
€2,097 ▼ 65.5%
Debt's share of the balance-sheet total falls from 3.7% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40,918▼
2023 · €51,622
Cash flow
€32,452▼
2023 · €39,110
Current ratio
83.69▲
2023 · 25.00
Debt to equity
0.01▼
2023 · 0.04
ROE
15.5%▼
2023 · 23.0%
ROA
15.4%▼
2023 · 22.1%
Interest coverage
46.36▲
2023 · 31.95
Debt ≤ 1 year
€2,097▼
2023 · €6,072
Income taxes
€12,078▼
2023 · €14,590
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €30 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €722 | €1,579 | €2,326 | €3,050 | ▲ 31.1% |
| Other operating charges640/8 | €860 | €1,095 | €783 | €1,173 | ▲ 49.9% |
| Gross operating margin9900 | €144,988 | €27,463 | €52,405 | €42,091 | ▼ 19.7% |
| Operating profit (loss)9901 | €143,376 | €24,789 | €49,296 | €37,868 | ▼ 23.2% |
| Financial income75/76B | €0 | €2,797 | €3,693 | €4,496 | ▲ 21.7% |
| Recurring financial income75 | €0 | €2,797 | €3,693 | €4,496 | ▲ 21.7% |
| Financial charges65/66B | €139 | €1,563 | €1,615 | €883 | ▼ 45.4% |
| Recurring financial charges65 | €139 | €1,563 | €1,615 | €883 | ▼ 45.4% |
| Profit (loss) for the period before taxes9903 | €143,237 | €26,023 | €51,373 | €41,481 | ▼ 19.3% |
| Income taxes67/77 | €44,290 | €7,735 | €14,590 | €12,078 | ▼ 17.2% |
| Profit (loss) for the period9904 | €98,947 | €18,289 | €36,784 | €29,403 | ▼ 20.1% |
| Profit (loss) for the period to be appropriated9905 | €98,947 | €18,289 | €36,784 | €29,403 | ▼ 20.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €106,548 | €126,185 | €166,091 | €191,518 | ▲ 15.3% |
| Fixed assets21/28 | €10,060 | €11,680 | €14,287 | €16,041 | ▲ 12.3% |
| Tangible fixed assets22/27 | €10,060 | €11,680 | €14,287 | €16,041 | ▲ 12.3% |
| Land and buildings22 | €4,168 | €3,842 | €3,517 | €3,191 | ▼ 9.3% |
| Plant, machinery and equipment23 | - | €554 | €3,282 | €7,062 | ▲ 115% |
| Furniture and vehicles24 | €5,893 | €7,284 | €7,489 | €5,787 | ▼ 22.7% |
| Current assets29/58 | €96,488 | €114,505 | €151,804 | €175,478 | ▲ 15.6% |
| Amounts receivable within one year40/41 | €5,546 | €23,312 | €30,858 | €39,895 | ▲ 29.3% |
| Trade receivables40 | €495 | €1,053 | €10,114 | €8,121 | ▼ 19.7% |
| Other amounts receivable41 | €5,051 | €22,259 | €20,743 | €31,774 | ▲ 53.2% |
| Current investments50/53 | - | - | - | €50,000 | - |
| Cash at bank and in hand54/58 | €90,805 | €90,883 | €120,787 | €85,420 | ▼ 29.3% |
| Deferred charges and accrued income490/1 | €137 | €310 | €159 | €162 | ▲ 2.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €106,548 | €126,185 | €166,091 | €191,518 | ▲ 15.3% |
| Equity10/15 | €104,947 | €123,235 | €160,019 | €189,422 | ▲ 18.4% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €98,900 | €117,150 | €153,900 | €183,250 | ▲ 19.1% |
| Distributable reserves133 | €98,900 | €117,150 | €153,900 | €183,250 | ▲ 19.1% |
| Profit (loss) carried forward14 | €47 | €85 | €119 | €172 | ▲ 44.4% |
| Amounts payable17/49 | €1,602 | €2,950 | €6,072 | €2,097 | ▼ 65.5% |
| Amounts payable within one year42/48 | €1,602 | €2,950 | €6,072 | €2,097 | ▼ 65.5% |
| Trade debts44 | €1,308 | - | €324 | €168 | ▼ 48.1% |
| Suppliers440/4 | €1,308 | - | €324 | €168 | ▼ 48.1% |
| Taxes, remuneration and social security45 | €294 | €2,950 | €5,748 | €1,929 | ▼ 66.4% |
| Taxes450/3 | €294 | - | €5,748 | €1,929 | ▼ 66.4% |
| Remuneration and social security454/9 | - | €2,950 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98,947 | €18,289 | €36,784 | €29,403 | ▼ 20.1% |
| + Depreciation and write-downs630 | €722 | €1,579 | €2,326 | €3,050 | ▲ 31.1% |
| Operating cash flow (approximation) | €99,669 | €19,867 | €39,110 | €32,452 | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | -€3,199 | -€4,933 | -€4,803 | ▲ 2.6% |
| Change in cash | - | €78 | €29,904 | -€35,367 | ▼ 218% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 83.69
Current ratio from 25.00 to 83.69; short-term debt falls from €6,072 to €2,097.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150,000Eq €160,019 ▲29.8%
3 profitable years in a row build equity to €160,019.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €18,289 ▼81.5%
Net result drops to €18,289, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
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, Pelt · 1 establishment unit since 2020
Ground area
2,685 m²
Building footprint
231 m²
Volume, LiDAR
1,251 m³
Parcel 72502E0102/00C132, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
B-Commerce / B-Commerce Bartholomees / Bartholomees Peter
since 20202.307.672.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00C132 | Flanders | 2,685 m² | 1 · 231 m² | 10.7 m · 1 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.
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Of 136 companies in sector 46641 we hold annual accounts for 86. 63 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
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46641Wholesale trade
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755325340
Registered
23-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.