B.FRESH
ActiveSummary
The computed 12-month bankruptcy probability of B.FRESH is 2.5% (moderate). The 2024 annual accounts show equity of €33,612 and a net result of €924. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 17% of 9970 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
What they do
General construction of other non-residential buildings
NACE 41003NACE 41203Other building cleaning and industrial cleaning NACE 81220
1 site
How big
€416,687total assets 2024
- Staff
- 2 FTE
- Equity
- €33,612
- Profit
- €924
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 13 deeds read
Why 40- Recent warning signals- Higher-failure-rate sector- Ex-officio strike-off- Annual accounts: weaker financial profile- Weak solvency vs sector- Administrative warnings in the KBO publications+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+1
Solvency33▲+2
Growth52=
Track record92
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 2.59 in 2023; short-term debt: 89.3% and cash: 8.2% of total assets), and 91.9% 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
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.1%
Return on assets
0.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9970 sector peers (2024).
NBB · sector comparisonPosition among 9970 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
65 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
110 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 60 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckevent 15-02-2026
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €924
Financials
Fiscal year 2024Total assets €416,687Profit €924Solvency 8.1%Liquidity 1.09
Total assets
€416,687▼ 24.6%
2018 - 2024
Net result
€924
2018 - 2024
Equity
€33,612▲ 2.8%
2018 - 2024
Staff (FTE)
2=
2021 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,588▲ 146%€15,156▼ 35.7%€18,038▲ 19.0%€9,377▼ 48.0%€6,696▼ 28.6%
Net result€17,834within the sector's middle half€744within the sector's middle half▼ 95.8%-€1,427below the sector's middle half-€4,108below the sector's middle half▼ 188%€924within the sector's middle half
Equity€37,479within the sector's middle half▲ 90.8%€38,223within the sector's middle half▲ 2.0%€36,796within the sector's middle half▼ 3.7%€32,688within the sector's middle half▼ 11.2%€33,612within the sector's middle half▲ 2.8%
Total assets€255,228within the sector's middle half▲ 21.0%€272,013within the sector's middle half▲ 6.6%€214,202within the sector's middle half▼ 21.3%€552,940above the sector's middle half▲ 158%€416,687above the sector's middle half▼ 24.6%
Debt€217,749▲ 13.9%€233,790▲ 7.4%€177,406▼ 24.1%€520,252▲ 193%€383,074▼ 26.4%
Working capital€192,799above the sector's middle half▲ 15.0%€159,805above the sector's middle half▼ 17.1%€126,392above the sector's middle half▼ 20.9%€333,628above the sector's middle half▲ 164%€34,568within the sector's middle half▼ 89.6%
Solvency14.7%below the sector's middle half▲ 5.4pp14.1%below the sector's middle half▼ 0.6pp17.2%within the sector's middle half▲ 3.1pp5.9%below the sector's middle half▼ 11.3pp8.1%below the sector's middle half▲ 2.2pp
Current ratio7.42above the sector's middle half▲ 1.842.77within the sector's middle half▼ 4.642.69within the sector's middle half▼ 0.092.59within the sector's middle half▼ 0.101.09within the sector's middle half▼ 1.49
Return on assets (ROA)7.0%within the sector's middle half▲ 12.5pp0.3%within the sector's middle half▼ 6.7pp-0.7%below the sector's middle half▼ 0.9pp-0.7%below the sector's middle half▼ 0.1pp0.2%within the sector's middle half▲ 1.0pp
Staff (FTE)2.11.4▼ 33.3%2▲ 42.9%2=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 29% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €416,687
Fixed assets
€9,971 ▲ 10.5%
Current assets
€406,715 ▼ 25.2%
Equity and liabilities €416,687
Equity
€33,612 ▲ 2.8%
Debt
€383,074 ▼ 26.4%
Debt's share of the balance-sheet total falls from 94.1% to 91.9%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€11,025▼
2023 · €20,894
Cash flow
€5,253▼
2023 · €7,409
Debt to equity
11.40▼
2023 · 15.92
ROE
2.7%▲
2023 · -12.6%
Interest coverage
16.70▼
2023 · 17.40
Debt ≤ 1 year
€372,147▲
2023 · €210,290
Income taxes
€9,790▼
2023 · €14,228
Staff costs
€31,083▼
2023 · €58,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.2%
went bankrupt
1.6%
stopped otherwise
96%
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 2.5% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 1,375 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,000 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €50,474 | €31,272 | €58,825 | €31,083 | ▼ 47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,283 | €12,009 | €11,551 | €11,516 | €4,329 | ▼ 62.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€16,953 | €0 | - | - | - |
| Other operating charges640/8 | - | €11,691 | €8,431 | €7,280 | €7,303 | ▲ 0.3% |
| Gross operating margin9900 | €32,581 | €72,377 | €69,291 | €86,999 | €49,411 | ▼ 43.2% |
| Operating profit (loss)9901 | €23,588 | €15,156 | €18,038 | €9,377 | €6,696 | ▼ 28.6% |
| Financial income75/76B | - | €3 | €1 | €1,943 | €4,678 | ▲ 141% |
| Recurring financial income75 | €447 | €3 | €1 | €1,943 | €4,678 | ▲ 141% |
| Financial charges65/66B | - | €2,179 | €1,439 | €1,201 | €660 | ▼ 45.0% |
| Recurring financial charges65 | €2,206 | €2,179 | €1,439 | €1,201 | €660 | ▼ 45.0% |
| Profit (loss) for the period before taxes9903 | €21,830 | €12,980 | €16,600 | €10,120 | €10,714 | ▲ 5.9% |
| Income taxes67/77 | €3,996 | €12,236 | €18,027 | €14,228 | €9,790 | ▼ 31.2% |
| Profit (loss) for the period9904 | €17,834 | €744 | -€1,427 | -€4,108 | €924 | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €17,834 | €744 | -€1,427 | -€4,108 | €924 | ▲ 122% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €255,228 | €272,013 | €214,202 | €552,940 | €416,687 | ▼ 24.6% |
| Fixed assets21/28 | €32,376 | €22,127 | €12,938 | €9,022 | €9,971 | ▲ 10.5% |
| Tangible fixed assets22/27 | €32,376 | €22,127 | €12,938 | €9,022 | €9,971 | ▲ 10.5% |
| Plant, machinery and equipment23 | - | €1,651 | €3,525 | €4,486 | €2,722 | ▼ 39.3% |
| Furniture and vehicles24 | - | €20,476 | €9,413 | €4,536 | €7,249 | ▲ 59.8% |
| Current assets29/58 | €222,852 | €249,886 | €201,263 | €543,918 | €406,715 | ▼ 25.2% |
| Amounts receivable within one year40/41 | €115,282 | €161,571 | €97,353 | €247,731 | €372,723 | ▲ 50.5% |
| Trade receivables40 | - | €159,054 | €94,560 | €168,313 | €285,247 | ▲ 69.5% |
| Other amounts receivable41 | - | €2,517 | €2,793 | €79,417 | €87,476 | ▲ 10.1% |
| Cash at bank and in hand54/58 | €26,650 | €25,909 | €36,702 | €950 | €33,993 | ▲ 3,480% |
| Deferred charges and accrued income490/1 | - | €62,406 | €67,208 | €295,238 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €255,228 | €272,013 | €214,202 | €552,940 | €416,687 | ▼ 24.6% |
| Equity10/15 | €37,479 | €38,223 | €36,796 | €32,688 | €33,612 | ▲ 2.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €11,860 | €11,860 | €11,860 | €11,860 | €11,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €7,019 | €7,763 | €6,336 | €2,228 | €3,152 | ▲ 41.5% |
| Amounts payable17/49 | €217,749 | €233,790 | €177,406 | €520,252 | €383,074 | ▼ 26.4% |
| Amounts payable after more than one year17 | €105,991 | €87,715 | €10,000 | €0 | - | - |
| Financial debts170/4 | - | €87,715 | €10,000 | €0 | - | - |
| Amounts payable within one year42/48 | €30,053 | €90,081 | €74,872 | €210,290 | €372,147 | ▲ 77.0% |
| Current portion of amounts payable after more than one year42 | - | €8,276 | €7,715 | €0 | - | - |
| Trade debts44 | €1,676 | €65,677 | €3,990 | €7,185 | €64,875 | ▲ 803% |
| Suppliers440/4 | - | €65,677 | €3,990 | €7,185 | €64,875 | ▲ 803% |
| Advances received on contracts in progress46 | - | - | - | €138,359 | €281,155 | ▲ 103% |
| Taxes, remuneration and social security45 | - | €13,265 | €26,013 | €28,883 | €26,117 | ▼ 9.6% |
| Taxes450/3 | - | €13,265 | €24,800 | €26,968 | €24,347 | ▼ 9.7% |
| Remuneration and social security454/9 | - | - | €1,213 | €1,914 | €1,770 | ▼ 7.5% |
| Other amounts payable47/48 | - | €2,862 | €37,154 | €35,863 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €55,994 | €92,534 | €309,962 | €10,927 | ▼ 96.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,834 | €744 | -€1,427 | -€4,108 | €924 | ▲ 122% |
| + Depreciation and write-downs630 | €7,283 | €12,009 | €11,551 | €11,516 | €4,329 | ▼ 62.4% |
| Operating cash flow (approximation) | €25,117 | €12,753 | €10,123 | €7,409 | €5,253 | ▼ 29.1% |
| Investment in fixed assets (approximation) | - | -€1,760 | -€2,362 | -€7,600 | -€5,279 | ▲ 30.5% |
| Change in cash | - | -€741 | €10,793 | -€35,753 | €33,043 | ▲ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Willems Invest
BE 0742.972.290
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DUURZAAM VERBOUWEN
BE 0665.664.379
Hamme (Vl.) · Eq €33,421
Bram Gysbrechts
BE 1011.942.008
Lier · Eq €33,374
Pro C&C Invest
BE 1001.299.029
Asse · Eq €33,894
Bouwwerken De Baene
BE 0774.353.770
Pittem · Eq €34,048
Of 2,453 companies in this sector we hold annual accounts for 1,059. 665 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 02-03-2026
History
Acts, filings and financial milestones
2026
02-03
KBO administration
Address struck
event 15-02-2026
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial
Back to profitnet €924
Net result €924 after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €17,834
Net result €17,834 after one loss-making year.
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
31-12
Financial
Weakest financial yearnet -€11,548
Net result drops to -€11,548, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 5.57
Current ratio from 1.49 to 5.57; short-term debt falls from €79,693 to €36,639.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
Show earlier events
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteRanst
Company details
Private limited company · founded 05-03-2008Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded05-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
81220Other building cleaning and industrial cleaning
01130Growing of vegetables, melons, roots and tubers
01191Growing of flowers
01240Growing of pome and stone fruits
43350Other building finishing work
46319Wholesale of fruit and vegetables, excluding potatoes
81300Landscape service activities
Contact
E-mail
bfresh.bfresh@outlook.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0896216454
Also
9925:BE0896216454
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Ground area
1.6 ha
Building footprint
9,853 m²
Volume, LiDAR
17,347 m³
2 parcels, Brussels, Flanders · tallest building 16.8 m, ±2 floors. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
B.FRESH
since 2019unit no. 2.313.458.413
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035C0276/00Y000 | Flanders | 1.2 ha | 1 · 7,690 m² | - |
| 21821C0148/00P000 | Brussels | 3,627 m² | 1 · 2,163 m² | 16.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check 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 How does this company compare with its sector?Sector benchmark
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