B!DIFFERENCE
ActiveSummary
B!DIFFERENCE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235k and a net result of €8k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+14
Solvency60=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.24 in 2024; short-term debt: 47.4% and cash: 1% of total assets), and 64.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
35.1%
Return on assets
1.2%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
1 d early
2022
2 d early
2021
2 d early
2020
2 d early
2019
122 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€235k▲ 3.5%
2024 · €227k
2018: €143k
2019: €98k▼ -32.0% vs 2018lowest in 8 years
2020: €113k▲ +16.4% vs 2019
2021: €120k▲ +6.0% vs 2020
2022: €224k▲ +85.7% vs 2021
2023: €225k▲ +0.5% vs 2022
2024: €227k▲ +1.1% vs 2023
2025: €235k▲ +3.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€669k▲ 2.9%
2024 · €651k
2018: €831khighest in 8 years
2019: €734k▼ -11.6% vs 2018
2020: €709k▼ -3.5% vs 2019
2021: €711k▲ +0.3% vs 2020
2022: €683k▼ -4.0% vs 2021
2023: €632k▼ -7.5% vs 2022lowest in 8 years
2024: €651k▲ +3.1% vs 2023
2025: €669k▲ +2.9% vs 2024
2018 → 2025
Net result
€8k▲ 224%
2024 · €2k
2018: €-99klowest in 8 years
2019: €-46k▲ +53.6% vs 2018
2020: €16k▲ +135% vs 2019
2021: €7k▼ -57.0% vs 2020
2022: €103k▲ +1405% vs 2021highest in 8 years
2023: €1k▼ -98.9% vs 2022
2024: €2k▲ +117% vs 2023
2025: €8k▲ +224% vs 2024
2018 → 2025
Working capital
€-215k▼ 1.3%
2024 · €-212k
2018: €-302k
2019: €-346k▼ -14.5% vs 2018lowest in 8 years
2020: €-336k▲ +3.0% vs 2019
2021: €-331k▲ +1.5% vs 2020
2022: €-243k▲ +26.4% vs 2021
2023: €-220k▲ +9.5% vs 2022
2024: €-212k▲ +3.7% vs 2023highest in 8 years
2025: €-215k▼ -1.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€120k-€224k▲ 85.7%€225k▲ 0.5%€227k▲ 1.1%€235k▲ 3.5%
2021: €120klowest in 5 years
2022: €224k▲ +85.7% vs 2021
2023: €225k▲ +0.5% vs 2022
2024: €227k▲ +1.1% vs 2023
2025: €235k▲ +3.5% vs 2024highest in 5 years
Operating result€16k-€111k▲ 614%€9k▼ 91.7%€11k▲ 15.9%€17k▲ 57.7%
2021: €16k
2022: €111k▲ +614% vs 2021highest in 5 years
2023: €9k▼ -91.7% vs 2022lowest in 5 years
2024: €11k▲ +15.9% vs 2023
2025: €17k▲ +57.7% vs 2024
Net result€7k-€103k▲ 1,405%€1k▼ 98.9%€2k▲ 117%€8k▲ 224%
2021: €7k
2022: €103k▲ +1405% vs 2021highest in 5 years
2023: €1k▼ -98.9% vs 2022lowest in 5 years
2024: €2k▲ +117% vs 2023
2025: €8k▲ +224% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €669k
Fixed assets
€567k ▼ 3.2%
Current assets
€103k ▲ 56.9%
Equity and liabilities €669k
Equity
€235k ▲ 3.5%
Debt
€434k ▲ 2.5%
Debt's share of the balance-sheet total falls from 65.1% to 64.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▲
2024 · €30k
Cash flow
€26k▲
2024 · €22k
Current ratio
0.32▲
2024 · 0.24
Debt to equity
1.85▼
2024 · 1.87
ROE
3.4%▲
2024 · 1.1%
ROA
1.2%▲
2024 · 0.4%
Interest coverage
5.72▲
2024 · 4.20
Debt ≤ 1 year
€318k▲
2024 · €277k
Debt > 1 year
€117k▼
2024 · €146k
Income taxes
€3k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€651k€669k▲
Fixed assets21/28€585k€567k▼
Tangible fixed assets22/27€585k€566k▼
Land and buildings22€472k€454k▼
Other tangible fixed assets26€113k€112k▼
Financial fixed assets28€250€250=
Current assets29/58€65k€103k▲
Amounts receivable within one year40/41€43k€66k▲
Trade receivables40€43k€66k▲
Current investments50/53-€29k
Cash at bank and in hand54/58€21k€7k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€651k€669k▲
Equity10/15€227k€235k▲
Contributions10/11€156k€156k=
Reserves13€41k€69k▲
Non-distributable reserves130/1-€29k
Own shares acquired1312-€29k
Tax-exempt reserves132€25k€25k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€30k€10k▼
Amounts payable17/49€424k€434k▲
Amounts payable after more than one year17€146k€117k▼
Financial debts170/4€146k€117k▼
Amounts payable within one year42/48€277k€318k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€327-
Suppliers440/4€327-
Taxes, remuneration and social security45€5k€13k▲
Taxes450/3€5k€13k▲
Other amounts payable47/48€244k€276k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€7k€7k▲
Non-recurring operating charges66A€12k€635▼
Gross operating margin9900€49k€43k▼
Operating profit (loss)9901€11k€17k▲
Financial income75/76B€7€1▼
Recurring financial income75€7€1▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€4k€11k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€2k€8k▲
Profit (loss) for the period to be appropriated9905€2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€38k▲
Profit (loss) brought forward from the previous period14P€28k€30k▲
Transfer to equity691/2-€29k
To other reserves6921-€29k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €37k | €19k | €18k | ▼ 7.0% |
| Other operating charges640/8 | €13k | €6k | €7k | €7k | €7k | ▲ 3.4% |
| Non-recurring operating charges66A | - | - | €5k | €12k | €635 | ▼ 94.8% |
| Gross operating margin9900 | €46k | €135k | €58k | €49k | €43k | ▼ 13.2% |
| Operating profit (loss)9901 | €16k | €111k | €9k | €11k | €17k | ▲ 57.7% |
| Financial income75/76B | - | - | - | €7 | €1 | ▼ 90.0% |
| Recurring financial income75 | - | - | - | €7 | €1 | ▼ 90.0% |
| Financial charges65/66B | €9k | €8k | €8k | €7k | €6k | ▼ 14.9% |
| Recurring financial charges65 | €9k | €8k | €8k | €7k | €6k | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €7k | €103k | €1k | €4k | €11k | ▲ 204% |
| Income taxes67/77 | - | - | - | €1k | €3k | ▲ 159% |
| Profit (loss) for the period9904 | €7k | €103k | €1k | €2k | €8k | ▲ 224% |
| Profit (loss) for the period to be appropriated9905 | €7k | €103k | €1k | €2k | €8k | ▲ 224% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €711k | €683k | €632k | €651k | €669k | ▲ 2.9% |
| Fixed assets21/28 | €686k | €668k | €620k | €585k | €567k | ▼ 3.2% |
| Tangible fixed assets22/27 | €686k | €668k | €619k | €585k | €566k | ▼ 3.2% |
| Land and buildings22 | €526k | €508k | €490k | €472k | €454k | ▼ 3.8% |
| Other tangible fixed assets26 | €160k | €160k | €129k | €113k | €112k | ▼ 0.6% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €25k | €15k | €12k | €65k | €103k | ▲ 56.9% |
| Amounts receivable within one year40/41 | €7k | - | €2k | €43k | €66k | ▲ 53.9% |
| Trade receivables40 | €7k | - | €2k | €43k | €66k | ▲ 53.9% |
| Other amounts receivable41 | - | - | €26 | - | - | - |
| Current investments50/53 | - | - | - | - | €29k | - |
| Cash at bank and in hand54/58 | €3k | €13k | €8k | €21k | €7k | ▼ 67.8% |
| Deferred charges and accrued income490/1 | €15k | €1k | €1k | €1k | €2k | ▲ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €711k | €683k | €632k | €651k | €669k | ▲ 2.9% |
| Equity10/15 | €120k | €224k | €225k | €227k | €235k | ▲ 3.5% |
| Contributions10/11 | €156k | €156k | €156k | €156k | €156k | = |
| Reserves13 | €41k | €41k | €41k | €41k | €69k | ▲ 70.3% |
| Non-distributable reserves130/1 | €16k | €16k | - | - | €29k | - |
| Reserves not available under the articles1311 | €16k | €16k | - | - | - | - |
| Own shares acquired1312 | - | - | - | - | €29k | - |
| Tax-exempt reserves132 | €25k | €25k | €25k | €25k | €25k | = |
| Distributable reserves133 | - | - | €16k | €16k | €16k | = |
| Profit (loss) carried forward14 | €-76k | €27k | €28k | €30k | €10k | ▼ 68.0% |
| Amounts payable17/49 | €590k | €459k | €407k | €424k | €434k | ▲ 2.5% |
| Amounts payable after more than one year17 | €229k | €201k | €175k | €146k | €117k | ▼ 20.1% |
| Financial debts170/4 | €229k | €201k | €175k | €146k | €117k | ▼ 20.1% |
| Amounts payable within one year42/48 | €355k | €258k | €232k | €277k | €318k | ▲ 14.5% |
| Current portion of amounts payable after more than one year42 | €27k | €27k | €28k | €28k | €29k | ▲ 3.4% |
| Financial debts43 | €44 | - | - | - | - | - |
| Credit institutions430/8 | €44 | - | - | - | - | - |
| Trade debts44 | €246 | €250 | €2k | €327 | - | - |
| Suppliers440/4 | €246 | €250 | €2k | €327 | - | - |
| Taxes, remuneration and social security45 | €3k | €26k | €9k | €5k | €13k | ▲ 151% |
| Taxes450/3 | €3k | €26k | €9k | €5k | €13k | ▲ 151% |
| Other amounts payable47/48 | €325k | €204k | €194k | €244k | €276k | ▲ 13.1% |
| Accrued charges and deferred income492/3 | €7k | €146 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €103k | €1k | €2k | €8k | ▲ 224% |
| + Depreciation and write-downs630 | €18k | €18k | €37k | €19k | €18k | ▼ 7.0% |
| Operating cash flow (approximation) | €25k | €121k | €38k | €22k | €26k | ▲ 18.9% |
| Investment in fixed assets (approximation) | - | €0 | €11k | €15k | €656 | ▼ 95.6% |
| Change in cash | - | €10k | €-5k | €13k | €-14k | ▼ 210% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €103k ▲1,405%
Operating result €111k, net result €103k, both a record.
31-12
Financial
Equity above €200kEq €224k ▲85.7%
3 profitable years in a row build equity to €224k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €113k ▲16.4%
Equity rises from €98k to €113k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 114 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kortenaken · 1 establishment unit since 2002
Ground area
2,239 m²
Building footprint
257 m²
Volume, LiDAR
658 m³
Parcel 24042A0138/00N000, Flanders · tallest building 16.0 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Gelbergenstraat 48, 3471 Kortenaken
since 20022.131.513.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24042A0138/00N000 | Flanders | 2,239 m² | 1 · 257 m² | 16.0 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,178 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
Founded19-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.