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B&G

Active
Private limited company (pre-2019)founded 199629 yrs activeBetserbaan 71, 3545 Halen, BelgiumKBO/BCE: BE 0459.509.586
Summary

The annual accounts of B&G for fiscal year 2025 show a net loss of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €7,823 and a net result of -€21,832. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 913 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability50▼-27
Solvency30▼-13
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.18 against 0.28 in 2024; short-term debt: 94.7% of total assets), and 94.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
5.3%
Return on assets
-14.7%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
31 d early
2023
27 d early
2022
29 d early
2021
34 d early
2020
31 d early
2019
30 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 30 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

B&G was incorporated on 19 December 1996.1 Total assets went from EUR 164,253 in 2018 to EUR 148,935 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€7,823▼ 73.6%
2024 · €29,655
Total assets
€148,935▼ 10.1%
2024 · €165,627
Net result
-€21,832
2024 · €10,323
Working capital
-€115,175▼ 17.0%
2024 · -€98,417
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, 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
Line20212022202320242025
Operating result-€37,336▼ 791%€2,652-€5,343€11,157-€20,328
Net result-€37,472below the sector's middle half▼ 623%€2,333within the sector's middle half€5,416within the sector's middle half▲ 132%€10,323within the sector's middle half▲ 90.6%-€21,832below the sector's middle half
Equity€11,584within the sector's middle half▼ 76.4%€13,916within the sector's middle half▲ 20.1%€19,332within the sector's middle half▲ 38.9%€29,655within the sector's middle half▲ 53.4%€7,823below the sector's middle half▼ 73.6%
Total assets€189,286within the sector's middle half▲ 16.5%€124,818within the sector's middle half▼ 34.1%€177,793within the sector's middle half▲ 42.4%€165,627within the sector's middle half▼ 6.8%€148,935below the sector's middle half▼ 10.1%
Debt€177,702▲ 56.6%€110,902▼ 37.6%€158,461▲ 42.9%€135,971▼ 14.2%€141,112▲ 3.8%
Working capital-€100,441below the sector's middle half▼ 19.9%-€92,680below the sector's middle half▲ 7.7%-€115,429below the sector's middle half▼ 24.5%-€98,417below the sector's middle half▲ 14.7%-€115,175within the sector's middle half▼ 17.0%
Solvency6.1%within the sector's middle half▼ 24.1pp11.1%within the sector's middle half▲ 5.0pp10.9%within the sector's middle half▼ 0.3pp17.9%within the sector's middle half▲ 7.0pp5.3%within the sector's middle half▼ 12.7pp
Current ratio0.43within the sector's middle half▲ 0.170.16below the sector's middle half▼ 0.270.27below the sector's middle half▲ 0.110.28below the sector's middle half=0.18below the sector's middle half▼ 0.09
Return on assets (ROA)-19.8%below the sector's middle half▼ 16.6pp1.9%within the sector's middle half▲ 21.7pp3.0%within the sector's middle half▲ 1.2pp6.2%within the sector's middle half▲ 3.2pp-14.7%below the sector's middle half▼ 20.9pp
above within below the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€37,336-€37,336Net result 2021: -€37,472-€37,472Operating result 2022: €2,652€2,652Net result 2022: €2,333€2,333Operating result 2023: -€5,343-€5,343Net result 2023: €5,416€5,416Operating result 2024: €11,157€11,157Net result 2024: €10,323€10,323Operating result 2025: -€20,328-€20,328Net result 2025: -€21,832-€21,83220212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: -€5,343-€5,340Net result 2023: €5,416€5,420Operating result 2024: €11,157€11,200Net result 2024: €10,323€10,300Operating result 2025: -€20,328-€20,300Net result 2025: -€21,832-€21,800202320242025
The operating result turns negative in 2025: a loss of €20,328 after €11,157 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148,935
Fixed assets €122,998 ▼ 4.0%
Current assets €25,938 ▼ 30.9%
Equity and liabilities €148,935
Equity €7,823 ▼ 73.6%
Debt €141,112 ▲ 3.8%
Debt's share of the balance-sheet total rises from 82.1% to 94.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13,968▼
2024 · €42,578
Cash flow
€12,464▼
2024 · €41,744
Quick ratio
0.01▼
2024 · 0.05
Debt to equity
18.04▲
2024 · 4.59
ROE
-279.1%▼
2024 · 34.8%
Interest coverage
10.78▼
2024 · 51.08
Debt ≤ 1 year
€141,112▲
2024 · €135,971
Income taxes
€209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 541 companies that looked in July 2024 the way this one looks now, 4.4% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
4.4% went bankrupt
8.5% stopped otherwise
86% still going

A further 1.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 541 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€165,627€148,935▼
Fixed assets21/28€128,072€122,998▼
Tangible fixed assets22/27€128,072€119,698▼
Plant, machinery and equipment23€112,820€108,172▼
Furniture and vehicles24€15,252€11,526▼
Financial fixed assets28-€3,300
Current assets29/58€37,554€25,938▼
Stocks and contracts in progress3€31,100€24,250▼
Stocks30/36€31,100€24,250▼
Amounts receivable within one year40/41€6,313€1,688▼
Other amounts receivable41€6,313€1,688▼
Deferred charges and accrued income490/1€141-
Equity and liabilities
Total equity and liabilities10/49€165,627€148,935▼
Equity10/15€29,655€7,823▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€11,063€11,063=
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130€1,859€1,859=
Tax-exempt reserves132€8,886€8,886=
Distributable reserves133€318€318=
Profit (loss) carried forward14--€21,832
Amounts payable17/49€135,971€141,112▲
Amounts payable within one year42/48€135,971€141,112▲
Financial debts43€2,125€805▼
Credit institutions430/8€2,125€805▼
Taxes, remuneration and social security45€7,500€7,800▲
Taxes450/3€7,500€7,800▲
Other amounts payable47/48€126,347€132,507▲
Income statement Code20242025
Remuneration, social security and pensions62€200-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,421€34,296▲
Other operating charges640/8€5,386€5,604▲
Gross operating margin9900€48,164€19,572▼
Operating profit (loss)9901€11,157-€20,328▼
Financial charges65/66B€834€1,295▲
Recurring financial charges65€834€1,295▲
Profit (loss) for the period before taxes9903€10,323-€21,623▼
Income taxes67/77-€209
Profit (loss) for the period9904€10,323-€21,832▼
Profit (loss) for the period to be appropriated9905€10,323-€21,832▼
Appropriation of the result
Profit (loss) to be appropriated9906€318-€21,832▼
Profit (loss) brought forward from the previous period14P-€10,005-
Transfer to equity691/2€318-
To other reserves6921€318-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€397--€200--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,702€36,421€32,758€31,421€34,296▲ 9.1%
Other operating charges640/8€2,097€8,364€5,291€5,386€5,604▲ 4.0%
Gross operating margin9900-€9,140€47,437€32,707€48,164€19,572▼ 59.4%
Operating profit (loss)9901-€37,336€2,652-€5,343€11,157-€20,328▼ 282%
Financial income75/76B--€15,150---
Recurring financial income75--€15,150---
Non-recurring financial income76B--€15,150---
Financial charges65/66B€136€319€4,391€834€1,295▲ 55.4%
Recurring financial charges65€136€319€4,391€834€1,295▲ 55.4%
Profit (loss) for the period before taxes9903-€37,472€2,333€5,416€10,323-€21,623▼ 309%
Income taxes67/77----€209-
Profit (loss) for the period9904-€37,472€2,333€5,416€10,323-€21,832▼ 311%
Profit (loss) for the period to be appropriated9905-€37,472€2,333€5,416€10,323-€21,832▼ 311%
Line20212022202320242025Change
Assets
Total assets20/58€189,286€124,818€177,793€165,627€148,935▼ 10.1%
Fixed assets21/28€112,025€106,596€134,761€128,072€122,998▼ 4.0%
Tangible fixed assets22/27€112,025€106,596€134,761€128,072€119,698▼ 6.5%
Plant, machinery and equipment23€83,507€89,224€117,198€112,820€108,172▼ 4.1%
Furniture and vehicles24€28,519€17,372€17,563€15,252€11,526▼ 24.4%
Financial fixed assets28----€3,300-
Current assets29/58€77,260€18,222€43,032€37,554€25,938▼ 30.9%
Stocks and contracts in progress3€18,222€18,222€34,115€31,100€24,250▼ 22.0%
Stocks30/36€18,222€18,222€34,115€31,100€24,250▼ 22.0%
Amounts receivable within one year40/41€56,817-€8,917€6,313€1,688▼ 73.3%
Trade receivables40€56,000-----
Other amounts receivable41€817-€8,917€6,313€1,688▼ 73.3%
Deferred charges and accrued income490/1€2,221--€141--
Equity and liabilities
Total equity and liabilities10/49€189,286€124,818€177,793€165,627€148,935▼ 10.1%
Equity10/15€11,584€13,916€19,332€29,655€7,823▼ 73.6%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592€18,592€18,592€18,592€18,592=
Issued capital100€18,592€18,592€18,592€18,592€18,592=
Reserves13€30,463€30,463€10,745€11,063€11,063=
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Legal reserve130€1,859€1,859€1,859€1,859€1,859=
Tax-exempt reserves132€8,886€8,886€8,886€8,886€8,886=
Distributable reserves133€19,718€19,718-€318€318=
Profit (loss) carried forward14-€37,472-€35,139-€10,005--€21,832-
Amounts payable17/49€177,702€110,902€158,461€135,971€141,112▲ 3.8%
Amounts payable within one year42/48€177,702€110,902€158,461€135,971€141,112▲ 3.8%
Financial debts43€7,114€4,310€3,157€2,125€805▼ 62.1%
Credit institutions430/8€7,114€4,310€3,157€2,125€805▼ 62.1%
Taxes, remuneration and social security45€12,225€13,652€3,600€7,500€7,800▲ 4.0%
Taxes450/3€12,225€13,652-€7,500€7,800▲ 4.0%
Remuneration and social security454/9--€3,600---
Other amounts payable47/48€158,362€92,940€151,705€126,347€132,507▲ 4.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€37,472€2,333€5,416€10,323-€21,832▼ 311%
+ Depreciation and write-downs630€25,702€36,421€32,758€31,421€34,296▲ 9.1%
Operating cash flow (approximation)-€11,769€38,754€38,174€41,744€12,464▼ 70.1%
Investment in fixed assets (approximation)--€30,992-€60,924-€24,732-€29,221▼ 18.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €2,333
Net result €2,333 after 2 loss-making years.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€37,472
Net result drops to -€37,472, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €11,967 ▲44.6%
Operating result €15,644, net result €11,967, both a record.
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 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.

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, Halen · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
1,149 m²
Building footprint
406 m²
Volume, LiDAR
1,880 m³
Parcel 71020A0319/00L003, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Betserbaan 71, 3545 Halen
NACE 50101
since 19982.080.670.685
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71020A0319/00L003 Flanders 1,149 m² 1 · 406 m² 9.5 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.

Similar companies · same sector, comparable size

Of 1,033 companies in sector 93291 we hold annual accounts for 161. 62 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 (pre-2019)
Founded19-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
93291Operation of fairground attractions
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46643Wholesale of electrical equipment, including installation materials
93110Operation of sports facilities
93130Fitness centres
E-invoicing
Reachable via Peppol
Peppol ID 0208:0459509586
Also 9925:BE0459509586
Registered 18-06-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.