B.I.V.
ActiveB.I.V. has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €334k and a net result of €71k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-1
Solvency88▲+16
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.56 in 2024; short-term debt: 36.6% and cash: 8.6% of total assets), and 36.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
63.1%
Return on assets
13.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
1 d early
2023
16 d late
2022
34 d early
2021
26 d late
2020
38 d late
2019
15 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€334k▲ 27.2%
2024 · €263k
2018: €675k
2019: €165k
2020: €177k
2021: €96k
2022: €111k
2023: €183k
2024: €263k
2018 → 2025
Total assets
€530k▼ 5.5%
2024 · €561k
2018: €1.05M
2019: €983k
2020: €813k
2021: €802k
2022: €737k
2023: €864k
2024: €561k
2018 → 2025
Net result
€71k▼ 13.6%
2024 · €83k
2018: €2k
2019: €-62k
2020: €12k
2021: €-15k
2022: €15k
2023: €72k
2024: €83k
2018 → 2025
Working capital
€-23k▲ 82.8%
2024 · €-131k
2018: €168k
2019: €-332k
2020: €-261k
2021: €-331k
2022: €-306k
2023: €-104k
2024: €-131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€111k▲ 16.2%€183k▲ 64.9%€263k▲ 43.8%€334k▲ 27.2%
Operating result€-12k-€20k€108k▲ 437%€123k▲ 14.2%€106k▼ 14.0%
Net result€-15k-€15k€72k▲ 366%€83k▲ 14.9%€71k▼ 13.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €530k
Fixed assets
€359k▼ 9.4%
Current assets
€171k▲ 3.9%
Equity and liabilities €530k
Equity
€334k▲ 27.2%
Debt
€196k▼ 34.4%
The debt ratio falls from 53.1% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154k▼
2024 · €170k
Cash flow
€119k▼
2024 · €129k
Solvency
63.1%▲
2024 · 46.9%
Current ratio
0.88▲
2024 · 0.56
Quick ratio
0.40▼
2024 · 0.56
Debt / equity
0.58▼
2024 · 1.13
ROE
21.4%▼
2024 · 31.4%
ROA
13.5%▼
2024 · 14.7%
Interest coverage
31.66▲
2024 · 23.74
Debt
€196k▼
2024 · €298k
Debt ≤ 1 year
€194k▼
2024 · €296k
Debt > 1 year
€1k=
2024 · €1k
Income taxes
€30k▼
2024 · €34k
Staff costs
€121k=
2024 · €121k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€561k€530k▼
Fixed assets21/28€396k€359k▼
Tangible fixed assets22/27€396k€359k▼
Land and buildings22€149k€137k▼
Plant, machinery and equipment23€215k€203k▼
Furniture and vehicles24€32k€19k▼
Current assets29/58€165k€171k▲
Stocks and contracts in progress3€0€94k▲
Stocks30/36€0€94k▲
Amounts receivable within one year40/41€45k€28k▼
Trade receivables40€27k€4k▼
Other amounts receivable41€18k€24k▲
Cash at bank and in hand54/58€114k€46k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€561k€530k▼
Equity10/15€263k€334k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€192k€263k▲
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€181k€252k▲
Profit (loss) carried forward14€-29k€-28k▲
Amounts payable17/49€298k€196k▼
Amounts payable after more than one year17€1k€1k=
Financial debts170/4€0-
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€296k€194k▼
Current portion of amounts payable after more than one year42€10k€0▼
Trade debts44€42k€12k▼
Suppliers440/4€42k€12k▼
Advances received on contracts in progress46€90k€57k▼
Taxes, remuneration and social security45€32k€37k▲
Taxes450/3€13k€17k▲
Remuneration and social security454/9€19k€21k▲
Other amounts payable47/48€122k€88k▼
Accrued charges and deferred income492/3€625€625=
Income statement
Code20242025
Remuneration, social security and pensions62€121k€121k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€47k▲
Other operating charges640/8€12k€8k▼
Gross operating margin9900€303k€283k▼
Operating profit (loss)9901€123k€106k▼
Financial income75/76B€1€7▲
Recurring financial income75€1€7▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€116k€101k▼
Income taxes67/77€34k€30k▼
Profit (loss) for the period9904€83k€71k▼
Profit (loss) for the period to be appropriated9905€83k€71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€43k▼
Profit (loss) brought forward from the previous period14P€-30k€-29k▲
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€82k€71k▼
To other reserves6921€82k€71k▼
Profit to be distributed694/7€3k€0▼
Return on contributions (dividend)694€3k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €83k ▲14.9%
Operating result €123k, net result €83k, both a record.
31-12
Financial
Equity above €200kEq €263k ▲43.8%
3 profitable years in a row build equity to €263k.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Equity above €150kEq €183k ▲64.9%
2 profitable years in a row build equity to €183k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲16.2%
Equity rises from €96k to €111k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-62k ▼2597%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Liège · 1 establishment unit since 1984
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.
Bld de Froidmont 824020 Liège1 establishment unit
Bld de Froidmont 82, 4020 Liège
since 19842.023.994.476
Similar companies · same sector, comparable size
DE BRUGSE DATABANK
BE 0436.969.360
Brugge · Eq €334k
WIM SCHELFAUT INVEST
BE 0451.168.378
Beveren-Kruibeke-Zwijndrecht · Eq €335k
DOMINO
BE 0477.542.381
Gistel · Eq €335k
Immofusion
BE 0632.551.549
Heusden-Zolder · Eq €335k
CAPITAL RENT
BE 0533.967.776
Elsene · Eq €334k
Of 11,751 companies in sector 68310 we hold annual accounts for 6,908. 4,899 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-01-1984
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filings
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.