B&G Media

Active

Private limited companyfounded 20214 yrs activeMarcel Habetslaan 30, 3600 Genk, BelgiumKBO/BCE: BE 0777.350.179

The computed 12-month bankruptcy probability of B&G Media is 1.5% (moderate). The 2024 annual accounts show equity of €6k and a net result of €2k. Equity is shrinking by ~44.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 14% of 8969 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability54▼-31

Solvency27▲+1

Growth32▼-26

Track record94

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

1.9%

Return on assets

0.8%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8969 sector peers (2024).

NBB · sector comparison

Position among 8969 sector peers

Solvency

better than 14%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-05-2025, 73 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

73 d early

2023

56 d early

2022

49 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€6k▲ 66.2%

2023 · €4k

2022: €12k 2023: €4k

2022 → 2024

Total assets

€316k▼ 48.0%

2023 · €607k

2022: €144k 2023: €607k

2022 → 2024

Net result

€2k▼ 96.9%

2023 · €77k

2022: €8k 2023: €77k

2022 → 2024

Working capital

€16k▼ 94.6%

2023 · €296k

2022: €3k 2023: €296k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€12k-€4k▼ 68.2%€6k▲ 66.2%

Operating result€13k-€83k▲ 538%€14k▼ 82.6%

Net result€8k-€77k▲ 875%€2k▼ 96.9%

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 2024; 2024 is 83% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €316k

91.3%

Fixed assets €28k▲ 109%

Current assets €288k▼ 51.5%

Equity and liabilities €316k

98.1%

Equity €6k▲ 66.2%

Debt €310k▼ 48.7%

The debt ratio falls from 99.4% to 98.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€24k▼

2023 · €88k

Cash flow

€12k▼

2023 · €83k

Solvency

1.9%▲

2023 · 0.6%

Current ratio

1.06▼

2023 · 1.99

Quick ratio

1.06▼

2023 · 1.99

Debt / equity

50.91

ROE

39.8%

ROA

0.8%▼

2023 · 12.7%

Interest coverage

4.07▼

2023 · 32.12

Debt

€310k▼

2023 · €603k

Debt ≤ 1 year

€272k▼

2023 · €298k

Income taxes

€7k▲

2023 · €3k

Staff costs

€362k▲

2023 · €280k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€607k€316k▼

Fixed assets21/28€13k€28k▲

Intangible fixed assets21€9k€15k▲

Tangible fixed assets22/27€5k€7k▲

Plant, machinery and equipment23€1k€811▼

Furniture and vehicles24€3k€6k▲

Financial fixed assets28-€5k

Current assets29/58€594k€288k▼

Amounts receivable within one year40/41€409k€166k▼

Trade receivables40€409k€115k▼

Other amounts receivable41-€51k

Cash at bank and in hand54/58€175k€106k▼

Deferred charges and accrued income490/1€10k€16k▲

Equity and liabilities

Total equity and liabilities10/49€607k€316k▼

Equity10/15€4k€6k▲

Contributions10/11€4k€4k=

Reserves13€58€2k▲

Distributable reserves133€58€2k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€603k€310k▼

Amounts payable within one year42/48€298k€272k▼

Financial debts43€5k€0▼

Credit institutions430/8€5k€0▼

Trade debts44€107k€133k▲

Suppliers440/4€107k€133k▲

Taxes, remuneration and social security45€96k€82k▼

Taxes450/3€64k€32k▼

Remuneration and social security454/9€33k€51k▲

Other amounts payable47/48€90k€56k▼

Accrued charges and deferred income492/3€305k€37k▼

Income statement Code20232024

Remuneration, social security and pensions62€280k€362k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲

Other operating charges640/8€3k€4k▲

Non-recurring operating charges66A-€10k

Gross operating margin9900€371k€400k▲

Operating profit (loss)9901€83k€14k▼

Financial income75/76B-€671

Recurring financial income75-€671

Financial charges65/66B€3k€6k▲

Recurring financial charges65€3k€6k▲

Profit (loss) for the period before taxes9903€80k€9k▼

Income taxes67/77€3k€7k▲

Profit (loss) for the period9904€77k€2k▼

Profit (loss) for the period to be appropriated9905€77k€2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€85k€2k▼

Profit (loss) brought forward from the previous period14P€8k€0▼

Transfer to equity691/2€58€2k▲

To other reserves6921€58€2k▲

Profit to be distributed694/7€85k€0▼

Directors or managers695€85k€0▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

19-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €2k ▼96.9%

Net result drops to €2k, the lowest in the series.

05-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2022net €77k ▲875%

Operating result €83k, net result €77k, both a record.

12-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-08-2023 Resigned as Managing director

Location & real-estate footprint

Registered office, Genk · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Marcel Habetslaan 303600 Genk

Ground area

1.1 ha

Building footprint

866 m²

Volume, LiDAR