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B.M.S.

Active
Private limited companyfounded 200917 yrs activeForumlaan 3, 1020 Brussel, BelgiumKBO/BCE: BE 0809.498.949
Summary

B.M.S. has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,590 and a net result of €31,900. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 51% of 975 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability85▼-11
Solvency69▲+27
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.18 in 2024; short-term debt: 56.1% and cash: 28.3% of total assets), but 56.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.9%
Return on assets
13%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €107,590
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 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 filings
Deviation from the deadline
2025
8 d late
2024
27 d late
2023
28 d late
2022
22 d late
2021
30 d late
2020
11 d late
2019
35 d late
← 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 23 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% 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
27-09-2026 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

On 28 January 2009, B.M.S. was incorporated.1 Total assets went from EUR 279,552 in 2018 to EUR 245,068 in 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€107,590▲ 42.1%
2024 · €75,690
Total assets
€245,068▼ 43.5%
2024 · €433,748
Net result
€31,900▼ 66.0%
2024 · €93,904
Working capital
€102,371▲ 65.0%
2024 · €62,032
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,400▲ 439%€62,250▲ 304%€33,869▼ 45.6%€124,291▲ 267%€46,935▼ 62.2%
Net result€11,702€44,909▲ 284%€20,867▼ 53.5%€93,904▲ 350%€31,900▼ 66.0%
Equity€75,690=€75,690=€75,690=€75,690=€107,590▲ 42.1%
Total assets€352,289▲ 28.6%€446,947▲ 26.9%€339,781▼ 24.0%€433,748▲ 27.7%€245,068▼ 43.5%
Debt€276,599▲ 39.5%€371,257▲ 34.2%€264,091▼ 28.9%€358,058▲ 35.6%€137,477▼ 61.6%
Working capital€59,296▼ 17.4%€62,348▲ 5.1%€62,229▼ 0.2%€62,032▼ 0.3%€102,371▲ 65.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €15,400€15,400Net result 2021: €11,702€11,702Operating result 2022: €62,250€62,250Net result 2022: €44,909€44,909Operating result 2023: €33,869€33,869Net result 2023: €20,867€20,867Operating result 2024: €124,291€124,291Net result 2024: €93,904€93,904Operating result 2025: €46,935€46,935Net result 2025: €31,900€31,90020212022202320242025€0€50,000€100,000Operating result 2023: €33,869€33,900Net result 2023: €20,867€20,900Operating result 2024: €124,291€124,000Net result 2024: €93,904€93,900Operating result 2025: €46,935€46,900Net result 2025: €31,900€31,900202320242025
The operating result falls in 2025; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245,068
Fixed assets €5,224 ▼ 70.0%
Current assets €239,844 ▼ 42.4%
Equity and liabilities €245,068
Equity €107,590 ▲ 42.1%
Debt €137,477 ▼ 61.6%
Debt's share of the balance-sheet total falls from 82.5% to 56.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€59,129▼
2024 · €136,339
Cash flow
€44,095▼
2024 · €105,951
Current ratio
1.74▲
2024 · 1.18
Debt to equity
1.28▼
2024 · 4.73
ROE
29.6%▼
2024 · 124.1%
ROA
13.0%▼
2024 · 21.6%
Interest coverage
118.51▼
2024 · 146.83
Debt ≤ 1 year
€137,473▼
2024 · €354,298
Income taxes
€14,349▼
2024 · €30,526
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.9% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 497,058 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% 1.6%
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 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 34,672 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€433,748€245,068▼
Fixed assets21/28€17,419€5,224▼
Tangible fixed assets22/27€16,419€4,224▼
Plant, machinery and equipment23€123-
Furniture and vehicles24€16,296€4,224▼
Financial fixed assets28€1,000€1,000=
Current assets29/58€416,330€239,844▼
Amounts receivable within one year40/41€180,045€98,880▼
Trade receivables40€168,555€88,410▼
Other amounts receivable41€11,490€10,470▼
Current investments50/53€70,000€70,000=
Cash at bank and in hand54/58€166,261€69,308▼
Deferred charges and accrued income490/1€24€1,656▲
Equity and liabilities
Total equity and liabilities10/49€433,748€245,068▼
Equity10/15€75,690€107,590▲
Contributions10/11€18,600€18,600=
Reserves13€57,090€57,090=
Distributable reserves133€57,090€57,090=
Profit (loss) carried forward14-€31,900
Amounts payable17/49€358,058€137,477▼
Amounts payable after more than one year17€3,722-
Financial debts170/4€3,722-
Amounts payable within one year42/48€354,298€137,473▼
Current portion of amounts payable after more than one year42€11,119€3,722▼
Trade debts44€109,664€41,553▼
Suppliers440/4€109,664€41,553▼
Taxes, remuneration and social security45€36,846€26,422▼
Taxes450/3€36,846€26,422▼
Other amounts payable47/48€196,669€65,776▼
Accrued charges and deferred income492/3€38€4▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,048€12,194▲
Other operating charges640/8€461€500▲
Gross operating margin9900€136,800€59,629▼
Operating profit (loss)9901€124,291€46,935▼
Financial income75/76B€1,067€503▼
Recurring financial income75€1,067€503▼
Financial charges65/66B€929€1,188▲
Recurring financial charges65€929€499▼
Non-recurring financial charges66B-€689
Profit (loss) for the period before taxes9903€124,429€46,249▼
Income taxes67/77€30,526€14,349▼
Profit (loss) for the period9904€93,904€31,900▼
Profit (loss) for the period to be appropriated9905€93,904€31,900▼
Appropriation of the result
Profit (loss) to be appropriated9906€93,904€31,900▼
Profit to be distributed694/7€93,904-
Return on contributions (dividend)694€93,904-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,104€12,593€12,364€12,048€12,194▲ 1.2%
Other operating charges640/8€407€289€114€461€500▲ 8.5%
Gross operating margin9900€24,911€75,132€46,347€136,800€59,629▼ 56.4%
Operating profit (loss)9901€15,400€62,250€33,869€124,291€46,935▼ 62.2%
Financial income75/76B€717€778€545€1,067€503▼ 52.9%
Recurring financial income75€717€778€545€1,067€503▼ 52.9%
Financial charges65/66B€762€770€762€929€1,188▲ 27.9%
Recurring financial charges65€762€770€762€929€499▼ 46.3%
Non-recurring financial charges66B----€689-
Profit (loss) for the period before taxes9903€15,354€62,258€33,652€124,429€46,249▼ 62.8%
Income taxes67/77€3,652€17,349€12,785€30,526€14,349▼ 53.0%
Profit (loss) for the period9904€11,702€44,909€20,867€93,904€31,900▼ 66.0%
Profit (loss) for the period to be appropriated9905€11,702€44,909€20,867€93,904€31,900▼ 66.0%
Line20212022202320242025Change
Assets
Total assets20/58€352,289€446,947€339,781€433,748€245,068▼ 43.5%
Fixed assets21/28€53,259€40,666€28,302€17,419€5,224▼ 70.0%
Tangible fixed assets22/27€52,259€39,666€27,302€16,419€4,224▼ 74.3%
Plant, machinery and equipment23€1,091€768€445€123--
Furniture and vehicles24€51,168€38,898€26,857€16,296€4,224▼ 74.1%
Financial fixed assets28€1,000€1,000€1,000€1,000€1,000=
Current assets29/58€299,031€406,281€311,480€416,330€239,844▼ 42.4%
Stocks and contracts in progress3€57,500€57,500€57,500---
Stocks30/36€57,500€57,500€57,500---
Amounts receivable within one year40/41€110,458€196,542€119,182€180,045€98,880▼ 45.1%
Trade receivables40€95,514€179,330€116,826€168,555€88,410▼ 47.5%
Other amounts receivable41€14,944€17,212€2,356€11,490€10,470▼ 8.9%
Current investments50/53---€70,000€70,000=
Cash at bank and in hand54/58€130,045€147,417€134,798€166,261€69,308▼ 58.3%
Deferred charges and accrued income490/1€1,028€4,822-€24€1,656▲ 6,774%
Equity and liabilities
Total equity and liabilities10/49€352,289€446,947€339,781€433,748€245,068▼ 43.5%
Equity10/15€75,690€75,690€75,690€75,690€107,590▲ 42.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€57,090€57,090€57,090€57,090€57,090=
Non-distributable reserves130/1€1,860-----
Reserves not available under the articles1311€1,860-----
Distributable reserves133€55,230€57,090€57,090€57,090€57,090=
Profit (loss) carried forward14----€31,900-
Amounts payable17/49€276,599€371,257€264,091€358,058€137,477▼ 61.6%
Amounts payable after more than one year17€36,864€25,888€14,841€3,722--
Financial debts170/4€36,864€25,888€14,841€3,722--
Amounts payable within one year42/48€239,735€343,933€249,250€354,298€137,473▼ 61.2%
Current portion of amounts payable after more than one year42€10,905€10,976€11,047€11,119€3,722▼ 66.5%
Trade debts44€105,905€155,543€116,468€109,664€41,553▼ 62.1%
Suppliers440/4€105,905€155,543€116,468€109,664€41,553▼ 62.1%
Taxes, remuneration and social security45€8,484€16,305€12,071€36,846€26,422▼ 28.3%
Taxes450/3€8,484€16,305€12,071€36,846€26,422▼ 28.3%
Other amounts payable47/48€114,441€161,109€109,664€196,669€65,776▼ 66.6%
Accrued charges and deferred income492/3-€1,435-€38€4▼ 89.2%
Line20212022202320242025Change
Profit (loss) for the period9904€11,702€44,909€20,867€93,904€31,900▼ 66.0%
+ Depreciation and write-downs630€9,104€12,593€12,364€12,048€12,194▲ 1.2%
Operating cash flow (approximation)€20,806€57,502€33,231€105,951€44,095▼ 58.4%
Investment in fixed assets (approximation)-€0€0-€1,164€0▲ 100%
Change in cash-€17,372-€12,620€31,463-€96,953▼ 408%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
31-12
Financial Equity above €100,000Eq €107,590 ▲42.1%
5 profitable years in a row build equity to €107,590.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Highest result since 2018net €93,904 ▲350%
Operating result €124,291, net result €93,904, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €11,702
Net result €11,702 after one loss-making year.
11-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial Weakest financial yearnet -€1,985
Net result drops to -€1,985, the lowest in the series; recovery starts the following year.
04-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Brussel · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
748 m²
Volume, LiDAR
32,451 m³
Parcel 21818A0225/00A002, Brussels · tallest building 46.1 m, ±14 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Forumlaan 3, 1020 Brussel
NACE 45111
since 20092.176.377.815
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21818A0225/00A002 Brussels 1.1 ha 1 · 748 m² 46.0 m · 14 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 3,187 companies in sector 52250 we hold annual accounts for 1,956. 1,361 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
Founded28-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0809498949
Registered 04-12-2025

Register as of 26 September 2026 · Peppol Directory

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