B Effect
ActiveSummary
The computed 12-month bankruptcy probability of B Effect is 2.5% (moderate). The 2025 annual accounts show equity of €32,991 and a net result of €2,254. Equity has been growing by about 31% per year since 2021. Its solvency ranks better than 34% of 5,684 sector peers (NACE 81, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-09-2020 Normal situation
- Activity
- Landscape service activities NACE 81300and 5 others
- Establishment unit
- 2.307.427.387 9240 Zele, since 11-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 14-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.5%
- Gross margin
- €3,776
- ▼ 75.2%
- Turnover
- ≈ €28,000
- estimated
- Profit
- €2,254
- ▼ 76.3%
- Equity
- €32,991
- ▲ 7.3%
- Total assets
- €127,563
- ▲ 5.2%
Score breakdownraises riskFounded in 20201 change of registered office in 24 monthsLiquidity: current ratio 4.31, cash €933, halvedlowers riskFigures for financial year 2025 (filed on 29-06-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 33% of them on solvency, 36% on liquidity, 18% on profitability and 48% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 3 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is 78% lower than in 2024 and the lowest since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,083 | - | - | - | - |
| Depreciation and write-downs of the year | €1,083 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,083 | - | - | - | - | - |
| Other operating charges640/8 | €187 | €272 | €282 | - | €397 | - |
| Gross operating margin9900 | €7,257 | €15,616 | €5,873 | €15,248 | €3,776 | ▼ 75.2% |
| Operating profit (loss)9901 | €5,987 | €15,345 | €5,591 | €15,248 | €3,379 | ▼ 77.8% |
| Financial income75/76B | €41 | €34 | €36 | €10 | €22 | ▲ 116% |
| Recurring financial income75 | €41 | €34 | €36 | €10 | €22 | ▲ 116% |
| Financial charges65/66B | €0 | €232 | €220 | €1,004 | €590 | ▼ 41.3% |
| Recurring financial charges65 | €0 | €232 | €220 | €1,004 | €590 | ▼ 41.3% |
| Profit (loss) for the period before taxes9903 | €6,027 | €15,147 | €5,406 | €14,254 | €2,811 | ▼ 80.3% |
| Income taxes67/77 | €1,677 | €4,090 | €1,594 | €4,738 | €557 | ▼ 88.2% |
| Profit (loss) for the period9904 | €4,350 | €11,057 | €3,813 | €9,516 | €2,254 | ▼ 76.3% |
| Profit (loss) for the period to be appropriated9905 | €4,350 | €11,057 | €3,813 | €9,516 | €2,254 | ▼ 76.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €180,545 | €204,371 | €78,757 | €121,277 | €127,563 | ▲ 5.2% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €180,545 | €204,371 | €78,757 | €121,277 | €127,563 | ▲ 5.2% |
| Stocks and contracts in progress3 | - | - | - | €30,000 | - | - |
| Contracts in progress37 | - | - | - | €30,000 | - | - |
| Amounts receivable within one year40/41 | €170,355 | €200,693 | €33,350 | €43,529 | €126,630 | ▲ 191% |
| Trade receivables40 | €170,355 | €199,999 | €33,330 | €43,529 | €123,192 | ▲ 183% |
| Other amounts receivable41 | - | €693 | €20 | - | €3,438 | - |
| Cash at bank and in hand54/58 | €10,191 | €3,679 | €43,440 | €47,748 | €933 | ▼ 98.0% |
| Deferred charges and accrued income490/1 | - | - | €1,967 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €180,545 | €204,371 | €78,757 | €121,277 | €127,563 | ▲ 5.2% |
| Equity10/15 | €6,350 | €17,407 | €21,220 | €30,737 | €32,991 | ▲ 7.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €4,273 | €15,182 | €18,909 | €28,425 | €30,607 | ▲ 7.7% |
| Non-distributable reserves130/1 | €4,273 | - | - | - | - | - |
| Reserves not available under the articles1311 | €4,273 | - | - | - | - | - |
| Distributable reserves133 | - | €15,182 | €18,909 | €28,425 | €30,607 | ▲ 7.7% |
| Profit (loss) carried forward14 | €77 | €226 | €311 | €311 | €384 | ▲ 23.3% |
| Amounts payable17/49 | €174,195 | €186,964 | €57,536 | €90,540 | €94,572 | ▲ 4.5% |
| Amounts payable after more than one year17 | - | - | - | €60,000 | €65,000 | ▲ 8.3% |
| Financial debts170/4 | - | - | - | €60,000 | €65,000 | ▲ 8.3% |
| Amounts payable within one year42/48 | €174,195 | €186,964 | €57,536 | €30,540 | €29,572 | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | - | €30,000 | - | - | - | - |
| Trade debts44 | €22,829 | €49,701 | €13,193 | €12,553 | €24,125 | ▲ 92.2% |
| Suppliers440/4 | €22,829 | €49,701 | €13,193 | €12,553 | €24,125 | ▲ 92.2% |
| Advances received on contracts in progress46 | - | €21,585 | - | - | - | - |
| Taxes, remuneration and social security45 | €4,543 | €4,091 | €9,746 | €13,765 | €1,043 | ▼ 92.4% |
| Taxes450/3 | €4,543 | €4,091 | €9,746 | €13,765 | €1,043 | ▼ 92.4% |
| Other amounts payable47/48 | €146,823 | €81,587 | €34,598 | €4,222 | €4,404 | ▲ 4.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,350 | €11,057 | €3,813 | €9,516 | €2,254 | ▼ 76.3% |
| + Depreciation and write-downs630 | €1,083 | - | - | - | - | - |
| Operating cash flow (approximation) | €5,433 | €11,057 | €3,813 | €9,516 | €2,254 | ▼ 76.3% |
| Change in cash | - | -€6,512 | €39,761 | €4,309 | -€46,815 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,274 companies had the same profile as B Effect has now. Two years later, 94.7% were still going and 2.5% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B Effect itself: 2.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,274 companies, not a prediction for B Effect. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00225136 | |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00283060 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00206086 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00459911 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20390664 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
B Effect shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of B Effect. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-09
Gazette deed
Registered office moved within Zele2 points ▸
- Board meeting, 17-09-2026
- Registered-office move, Durmen 116, 9240 Zele
08-12
Gazette deed
Registered office moved from Lokeren to Zele1 point ▸
- Registered-office move, Durmen 118 te 9240 Zele
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rivierstraat 16, 9160 Lokeren until 01-10-2022 · act of 08-12-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0753.956.650
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42028A1178/00X000 | Flanders | 442 m² | 1 · 143 m² | - |
| 42028A1178/00V000 | Flanders | 291 m² | 1 · 178 m² | 8.1 m · 1 |