B & M
ActiveSummary
B & M has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €72,404. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 50.08 against 27.17 in 2024; short-term debt: 1.5% and cash: 34.8% of total assets), and 1.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 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
98.5%
Return on assets
5.3%
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
8 d early
2023
1 d early
2022
on the day
2021
2 d late
2020
5 d early
2019
16 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 4 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1.3m▲ 0.6%
2024 · €1.3m
Total assets
€1.4m▼ 0.6%
2024 · €1.4m
Net result
€72,404▼ 4.4%
2024 · €75,772
Working capital
€985,196▲ 2.6%
2024 · €960,231
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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€75,710▼ 7.9%€121,583▲ 60.6%€100,684▼ 17.2%€79,007▼ 21.5%€82,781▲ 4.8%
Net result€70,122above the sector's middle half▼ 5.0%€229,580above the sector's middle half▲ 227%€84,590above the sector's middle half▼ 63.2%€75,772above the sector's middle half▼ 10.4%€72,404above the sector's middle half▼ 4.4%
Equity€1.8mabove the sector's middle half▼ 12.3%€1.7mabove the sector's middle half▼ 6.6%€1.8mabove the sector's middle half▲ 4.9%€1.3mabove the sector's middle half▼ 26.1%€1.3mabove the sector's middle half▲ 0.6%
Total assets€2.2mabove the sector's middle half▼ 2.6%€2.1mabove the sector's middle half▼ 4.0%€1.8mabove the sector's middle half▼ 13.4%€1.4mabove the sector's middle half▼ 25.0%€1.4mabove the sector's middle half▼ 0.6%
Debt€356,381▲ 126%€389,998▲ 9.4%€23,285▼ 94.0%€36,823▲ 58.1%€20,075▼ 45.5%
Working capital€1.5mabove the sector's middle half▼ 13.5%€1.4mabove the sector's middle half▼ 7.8%€1.4mabove the sector's middle half▲ 1.2%€960,231above the sector's middle half▼ 32.0%€985,196above the sector's middle half▲ 2.6%
Solvency83.7%above the sector's middle half▼ 9.3pp81.4%above the sector's middle half▼ 2.3pp98.7%above the sector's middle half▲ 17.3pp97.3%above the sector's middle half▼ 1.4pp98.5%above the sector's middle half▲ 1.2pp
Current ratio5.25above the sector's middle half▼ 6.904.58above the sector's middle half▼ 0.6761.67above the sector's middle half▲ 57.0927.17above the sector's middle half▼ 34.5050.08above the sector's middle half▲ 22.91
Return on assets (ROA)3.2%within the sector's middle half▼ 0.1pp10.9%within the sector's middle half▲ 7.7pp4.7%within the sector's middle half▼ 6.3pp5.6%within the sector's middle half▲ 0.9pp5.3%within the sector's middle half▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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 per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€348,725 ▼ 4.6%
Current assets
€1.0m ▲ 0.8%
Equity and liabilities €1.4m
Equity
€1.3m ▲ 0.6%
Debt
€20,075 ▼ 45.5%
Debt's share of the balance-sheet total falls from 2.7% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102,676▲
2024 · €99,245
Cash flow
€92,299▼
2024 · €96,010
Debt to equity
0.02▼
2024 · 0.03
ROE
5.4%▼
2024 · 5.7%
Interest coverage
140.62▲
2024 · 125.48
Debt ≤ 1 year
€20,075▼
2024 · €36,691
Income taxes
€30,339▼
2024 · €30,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 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% | 1.9% |
| 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 20,134 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €19,050 | €3,000 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,129 | €6,746 | €16,158 | €20,238 | €19,895 | ▼ 1.7% |
| Other operating charges640/8 | - | €7,199 | €6,801 | €7,226 | €11,257 | ▲ 55.8% |
| Gross operating margin9900 | €110,108 | €135,529 | €123,643 | €106,470 | €113,933 | ▲ 7.0% |
| Operating profit (loss)9901 | €75,710 | €121,583 | €100,684 | €79,007 | €82,781 | ▲ 4.8% |
| Financial income75/76B | - | €169,626 | €19,449 | €28,450 | €20,692 | ▼ 27.3% |
| Recurring financial income75 | €24,352 | €20,746 | €19,449 | €28,450 | €20,692 | ▼ 27.3% |
| Non-recurring financial income76B | - | €148,880 | €0 | - | - | - |
| Financial charges65/66B | - | €501 | €360 | €791 | €730 | ▼ 7.7% |
| Recurring financial charges65 | €550 | €501 | €360 | €791 | €730 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €99,512 | €290,708 | €119,773 | €106,666 | €102,743 | ▼ 3.7% |
| Income taxes67/77 | €29,390 | €61,129 | €35,183 | €30,893 | €30,339 | ▼ 1.8% |
| Profit (loss) for the period9904 | €70,122 | €229,580 | €84,590 | €75,772 | €72,404 | ▼ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €70,122 | €229,580 | €84,590 | €75,772 | €72,404 | ▼ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.1m | €1.8m | €1.4m | €1.4m | ▼ 0.6% |
| Fixed assets21/28 | €315,604 | €313,045 | €381,061 | €365,418 | €348,725 | ▼ 4.6% |
| Tangible fixed assets22/27 | €294,483 | €313,045 | €381,061 | €365,418 | €348,725 | ▼ 4.6% |
| Land and buildings22 | - | €284,720 | €288,474 | €288,142 | €287,810 | ▼ 0.1% |
| Furniture and vehicles24 | - | €13,525 | €77,787 | €62,476 | €46,114 | ▼ 26.2% |
| Other tangible fixed assets26 | - | €14,800 | €14,800 | €14,800 | €14,800 | = |
| Financial fixed assets28 | €21,120 | €0 | - | - | - | - |
| Current assets29/58 | €1.9m | €1.8m | €1.4m | €996,921 | €1.0m | ▲ 0.8% |
| Amounts receivable after more than one year29 | - | €221,733 | €146,950 | €68,427 | €0 | ▼ 100% |
| Other amounts receivable291 | - | €221,733 | €146,950 | €68,427 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €137,102 | €295,167 | €164,476 | €135,828 | €133,345 | ▼ 1.8% |
| Trade receivables40 | - | €50,837 | €63,037 | €49,229 | €56,939 | ▲ 15.7% |
| Other amounts receivable41 | - | €244,330 | €101,439 | €86,599 | €76,407 | ▼ 11.8% |
| Current investments50/53 | - | - | €250,000 | €350,000 | €400,000 | ▲ 14.3% |
| Cash at bank and in hand54/58 | €1.4m | €1.3m | €866,349 | €440,763 | €471,223 | ▲ 6.9% |
| Deferred charges and accrued income490/1 | - | €8,132 | €8,195 | €1,904 | €702 | ▼ 63.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.1m | €1.8m | €1.4m | €1.4m | ▼ 0.6% |
| Equity10/15 | €1.8m | €1.7m | €1.8m | €1.3m | €1.3m | ▲ 0.6% |
| Contributions10/11 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €1.2m | €1.0m | €1.1m | €647,643 | €656,046 | ▲ 1.3% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €1.0m | €1.1m | €647,643 | €656,046 | ▲ 1.3% |
| Profit (loss) carried forward14 | €602,874 | €602,874 | €602,874 | €602,874 | €602,874 | = |
| Amounts payable17/49 | €356,381 | €389,998 | €23,285 | €36,823 | €20,075 | ▼ 45.5% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €356,381 | €389,998 | €23,285 | €36,691 | €20,075 | ▼ 45.3% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €2,119 | €1,399 | €1,218 | €985 | €2,615 | ▲ 165% |
| Suppliers440/4 | - | €1,399 | €1,218 | €985 | €2,615 | ▲ 165% |
| Taxes, remuneration and social security45 | - | €38,598 | €22,067 | €18,273 | €17,459 | ▼ 4.5% |
| Taxes450/3 | - | €38,598 | €22,067 | €18,273 | €17,459 | ▼ 4.5% |
| Other amounts payable47/48 | - | €350,000 | €0 | €17,432 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €132 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,122 | €229,580 | €84,590 | €75,772 | €72,404 | ▼ 4.4% |
| + Depreciation and write-downs630 | €27,129 | €6,746 | €16,158 | €20,238 | €19,895 | ▼ 1.7% |
| Operating cash flow (approximation) | €97,251 | €236,326 | €100,748 | €96,010 | €92,299 | ▼ 3.9% |
| Investment in fixed assets (approximation) | - | -€4,188 | -€84,174 | -€4,595 | -€3,201 | ▲ 30.3% |
| Change in cash | - | -€176,959 | -€394,726 | -€425,585 | €30,460 | ▲ 107% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-12
State Gazette act
Board meeting · General meeting
Director reappointment · Permanent representative
27-03
State Gazette act
Publication
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity times 13current ratio 61.67
Current ratio from 4.58 to 61.67; short-term debt falls from €389,998 to €23,285.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €229,580 ▲227%
Operating result €121,583, net result €229,580, both a record.
11-03
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-12
State Gazette act
Board meeting · Power of attorney
Permanent representative
Show earlier events
07-12
State Gazette act
Board meeting · Power of attorney
Permanent representative
26-05
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-05
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-11
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
07-11
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
21-03
State Gazette act
Board meeting · Power of attorney
Permanent representative
15-02
State Gazette act
Board meeting · Power of attorney
Permanent representative
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 1996
Ground area
2,066 m²
Building footprint
269 m²
Volume, LiDAR
1,304 m³
Parcel 34026A0549/00B002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B & M
since 19962.075.653.609
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0549/00B002 | Flanders | 2,066 m² | 1 · 269 m² | 8.0 m · 2 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.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 2,962 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
Founded23-02-1996
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457303431
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.