B & F
ActiveSummary
B & F has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,615 and a net result of €2,167. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-2
Solvency53▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.22 in 2024; short-term debt: 69.6% and cash: 9% of total assets), and 72.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer 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
27.8%
Return on assets
0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
4 d early
2023
15 d late
2022
on the day
2021
on the day
2020
2 d early
2019
2 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 3 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€218,615▲ 1.0%
2024 · €216,448
Total assets
€786,761▼ 3.5%
2024 · €815,056
Net result
€2,167▼ 83.3%
2024 · €12,944
Working capital
-€417,724▲ 1.4%
2024 · -€423,815
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6,721▼ 62.2%€10,443▲ 55.4%€22,089▲ 112%€22,646▲ 2.5%€4,470▼ 80.3%
Net result€2,407▼ 81.6%€7,924▲ 229%€11,977▲ 51.1%€12,944▲ 8.1%€2,167▼ 83.3%
Equity€183,603▲ 1.3%€191,528▲ 4.3%€203,504▲ 6.3%€216,448▲ 6.4%€218,615▲ 1.0%
Total assets€880,102▼ 1.6%€889,596▲ 1.1%€828,337▼ 6.9%€815,056▼ 1.6%€786,761▼ 3.5%
Debt€696,499▼ 2.4%€698,068▲ 0.2%€624,833▼ 10.5%€598,608▼ 4.2%€568,146▼ 5.1%
Working capital-€463,712▼ 3.2%-€449,813▲ 3.0%-€448,167▲ 0.4%-€423,815▲ 5.4%-€417,724▲ 1.4%
Staff (FTE)1=1=1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €786,761
Fixed assets
€657,178 ▼ 5.3%
Current assets
€129,583 ▲ 6.8%
Equity and liabilities €786,761
Equity
€218,615 ▲ 1.0%
Debt
€568,146 ▼ 5.1%
Debt's share of the balance-sheet total falls from 73.4% to 72.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,042▼
2024 · €72,518
Cash flow
€47,739▼
2024 · €62,815
Current ratio
0.24▲
2024 · 0.22
Debt to equity
2.60▼
2024 · 2.77
ROE
1.0%▼
2024 · 6.0%
ROA
0.3%▼
2024 · 1.6%
Interest coverage
42.28▲
2024 · 34.43
Debt ≤ 1 year
€547,307▲
2024 · €545,109
Debt > 1 year
€13,896▼
2024 · €51,253
Income taxes
€1,554▼
2024 · €7,829
Staff costs
€54,683▲
2024 · €53,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 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 3,972 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €45,147 | €50,814 | €53,186 | €54,683 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,652 | €38,664 | €41,216 | €49,872 | €45,571 | ▼ 8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €3,850 | €3,150 | €1,518 | ▼ 51.8% |
| Other operating charges640/8 | - | €23,593 | €36,546 | €24,852 | €29,192 | ▲ 17.5% |
| Gross operating margin9900 | €89,611 | €117,847 | €154,515 | €153,706 | €135,435 | ▼ 11.9% |
| Operating profit (loss)9901 | €6,721 | €10,443 | €22,089 | €22,646 | €4,470 | ▼ 80.3% |
| Financial income75/76B | - | €3,480 | €20 | €233 | €435 | ▲ 86.7% |
| Recurring financial income75 | - | €3,480 | €20 | €233 | €435 | ▲ 86.7% |
| Financial charges65/66B | - | €3,329 | €2,907 | €2,106 | €1,184 | ▼ 43.8% |
| Recurring financial charges65 | €4,314 | €3,329 | €2,907 | €2,106 | €1,184 | ▼ 43.8% |
| Profit (loss) for the period before taxes9903 | €2,407 | €10,594 | €19,202 | €20,773 | €3,722 | ▼ 82.1% |
| Income taxes67/77 | €1 | €2,669 | €7,226 | €7,829 | €1,554 | ▼ 80.1% |
| Profit (loss) for the period9904 | €2,407 | €7,924 | €11,977 | €12,944 | €2,167 | ▼ 83.3% |
| Profit (loss) for the period to be appropriated9905 | €2,407 | €7,924 | €11,977 | €12,944 | €2,167 | ▼ 83.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €880,102 | €889,596 | €828,337 | €815,056 | €786,761 | ▼ 3.5% |
| Fixed assets21/28 | €797,099 | €768,935 | €743,634 | €693,763 | €657,178 | ▼ 5.3% |
| Tangible fixed assets22/27 | €797,099 | €768,935 | €743,634 | €693,763 | €657,178 | ▼ 5.3% |
| Land and buildings22 | - | €642,639 | €618,694 | €594,749 | €575,354 | ▼ 3.3% |
| Furniture and vehicles24 | - | €19,398 | €20,198 | €10,582 | €8,609 | ▼ 18.6% |
| Other tangible fixed assets26 | - | €106,898 | €104,742 | €88,432 | €73,216 | ▼ 17.2% |
| Current assets29/58 | €83,003 | €120,661 | €84,703 | €121,294 | €129,583 | ▲ 6.8% |
| Amounts receivable within one year40/41 | €29,295 | €57,018 | €47,969 | €41,105 | €58,390 | ▲ 42.1% |
| Trade receivables40 | - | €57,018 | €47,969 | €41,105 | €58,390 | ▲ 42.1% |
| Cash at bank and in hand54/58 | €53,708 | €63,643 | €35,949 | €80,189 | €70,669 | ▼ 11.9% |
| Deferred charges and accrued income490/1 | - | - | €785 | - | €524 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €880,102 | €889,596 | €828,337 | €815,056 | €786,761 | ▼ 3.5% |
| Equity10/15 | €183,603 | €191,528 | €203,504 | €216,448 | €218,615 | ▲ 1.0% |
| Contributions10/11 | €87,000 | €87,000 | €87,000 | €87,000 | €87,000 | = |
| Capital10 | - | €87,000 | €87,000 | €87,000 | €87,000 | = |
| Issued capital100 | - | €87,000 | €87,000 | €87,000 | €87,000 | = |
| Reserves13 | €96,603 | €100,000 | €111,977 | €124,920 | €127,087 | ▲ 1.7% |
| Non-distributable reserves130/1 | - | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Legal reserve130 | - | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Distributable reserves133 | - | €91,300 | €103,277 | €116,220 | €118,387 | ▲ 1.9% |
| Profit (loss) carried forward14 | - | €4,528 | €4,528 | €4,528 | €4,528 | = |
| Amounts payable17/49 | €696,499 | €698,068 | €624,833 | €598,608 | €568,146 | ▼ 5.1% |
| Amounts payable after more than one year17 | €147,537 | €123,093 | €87,523 | €51,253 | €13,896 | ▼ 72.9% |
| Financial debts170/4 | - | €123,093 | €87,523 | €51,253 | €13,896 | ▼ 72.9% |
| Amounts payable within one year42/48 | €546,715 | €570,474 | €532,870 | €545,109 | €547,307 | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | - | €34,884 | €38,503 | €36,270 | €37,275 | ▲ 2.8% |
| Trade debts44 | €19,162 | €22,117 | €7,790 | €8,838 | €7,771 | ▼ 12.1% |
| Suppliers440/4 | - | €22,117 | €7,790 | €8,838 | €7,771 | ▼ 12.1% |
| Taxes, remuneration and social security45 | - | €12,415 | €19,208 | €22,770 | €19,683 | ▼ 13.6% |
| Taxes450/3 | - | €5,215 | €11,056 | €12,898 | €9,084 | ▼ 29.6% |
| Remuneration and social security454/9 | - | €7,199 | €8,153 | €9,872 | €10,599 | ▲ 7.4% |
| Other amounts payable47/48 | - | €501,059 | €467,369 | €477,231 | €482,578 | ▲ 1.1% |
| Accrued charges and deferred income492/3 | - | €4,501 | €4,440 | €2,246 | €6,943 | ▲ 209% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,407 | €7,924 | €11,977 | €12,944 | €2,167 | ▼ 83.3% |
| + Depreciation and write-downs630 | €35,652 | €38,664 | €41,216 | €49,872 | €45,571 | ▼ 8.6% |
| Operating cash flow (approximation) | €38,059 | €46,589 | €53,193 | €62,815 | €47,739 | ▼ 24.0% |
| Investment in fixed assets (approximation) | - | -€10,500 | -€15,915 | €0 | -€8,987 | - |
| Change in cash | - | €9,934 | -€27,694 | €44,240 | -€9,520 | ▼ 122% |
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €2,167 ▼83.3%
Net result drops to €2,167, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
30-06
Financial
Equity above €200,000Eq €203,504 ▲6.3%
5 profitable years in a row build equity to €203,504.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €13,091 ▲161%
Net result €13,091, the highest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 1 establishment unit since 1990
Ground area
54 m²
Building footprint
130 m²
Volume, LiDAR
1,568 m³
Parcel 11810K1699/00T012, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
B & F
since 19902.049.891.397
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1699/00T012 | Flanders | 54 m² | 1 · 130 m² | 17.8 m · 5 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 110,709 EUR awarded · 110,709 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 27,901 EUR | 28,629 EUR |
| 2024 | 2 | 33,922 EUR | 33,194 EUR |
| 2023 | 1 | 26,388 EUR | 26,388 EUR |
| 2022 | 1 | 22,498 EUR | 22,498 EUR |
Similar companies · same sector, comparable size
VX Management
BE 0777.528.640
Mortsel · Eq €218,774
IMMOMAX
BE 0442.823.905
Binche · Eq €217,423
ERANN
BE 0465.775.588
Gent · Eq €217,398
COPYHOUSE
BE 0464.045.723
Damme · Eq €219,878
JOSAR
BE 0807.879.148
Wijnegem · Eq €217,330
Of 11,219 companies in sector 82100 we hold annual accounts for 3,509. 2,411 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-10-1990
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441658024
Also
9925:BE0441658024
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.