B.S.P.
ActiveB.S.P. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €-4k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 6.02 in 2024; short-term debt: 1.7% and cash: 1.2% of total assets), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
20 d early
2023
13 d early
2022
24 d late
2021
24 d late
2020
18 d late
2019
9 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€154k▼ 2.4%
2024 · €158k
2018: €123k
2019: €184k
2020: €190k
2021: €188k
2022: €160k
2023: €163k
2024: €158k
2018 → 2025
Total assets
€206k▼ 5.3%
2024 · €217k
2018: €286k
2019: €277k
2020: €293k
2021: €281k
2022: €242k
2023: €230k
2024: €217k
2018 → 2025
Net result
€-4k▲ 27.7%
2024 · €-5k
2018: €-37k
2019: €60k
2020: €7k
2021: €-3k
2022: €-28k
2023: €3k
2024: €-5k
2018 → 2025
Working capital
€9k▼ 5.5%
2024 · €9k
2018: €1k
2019: €4k
2020: €1k
2021: €3k
2022: €6k
2023: €9k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€188k-€160k▼ 15.0%€163k▲ 2.1%€158k▼ 3.2%€154k▼ 2.4%
Operating result€-2k-€-2k▲ 26.9%€3k€-5k€-4k▲ 27.7%
Net result€-3k-€-28k▼ 1,019%€3k€-5k€-4k▲ 27.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€193k▼ 6.1%
Current assets
€12k▲ 9.2%
Equity and liabilities €206k
Equity
€154k▼ 2.4%
Debt
€52k▼ 12.9%
The debt ratio falls from 27.5% to 25.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €9k
Cash flow
€10k▲
2024 · €9k
Solvency
74.8%▲
2024 · 72.5%
Current ratio
3.59▼
2024 · 6.02
Quick ratio
3.59▼
2024 · 6.02
Debt / equity
0.34▼
2024 · 0.38
ROE
-2.5%▲
2024 · -3.3%
ROA
-1.9%▲
2024 · -2.4%
Interest coverage
197.01▲
2024 · 128.16
Debt
€52k▼
2024 · €60k
Debt ≤ 1 year
€3k▲
2024 · €2k
Debt > 1 year
€49k▼
2024 · €58k
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€217k€206k▼
Fixed assets21/28€206k€193k▼
Tangible fixed assets22/27€206k€193k▼
Land and buildings22€203k€190k▼
Plant, machinery and equipment23€3k€4k▲
Current assets29/58€11k€12k▲
Amounts receivable within one year40/41€7k€10k▲
Trade receivables40€313€2k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€217k€206k▼
Equity10/15€158k€154k▼
Contributions10/11€6k€6k=
Reserves13€170k€170k=
Distributable reserves133€170k€170k=
Profit (loss) carried forward14€-19k€-23k▼
Amounts payable17/49€60k€52k▼
Amounts payable after more than one year17€58k€49k▼
Financial debts170/4€58k€49k▼
Amounts payable within one year42/48€2k€3k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Other amounts payable47/48€600€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€11k€12k▲
Operating profit (loss)9901€-5k€-4k▲
Financial charges65/66B€69€52▼
Recurring financial charges65€69€52▼
Profit (loss) for the period before taxes9903€-5k€-4k▲
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-23k▲
Profit (loss) brought forward from the previous period14P€-27k€-19k▲
Transfer from equity791/2€13k-
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 11.64
Current ratio from 4.88 to 11.64; short-term debt falls from €2k to €855.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 4.88
Current ratio from 1.89 to 4.88; short-term debt falls from €4k to €2k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.93
Current ratio from 1.30 to 2.93; short-term debt falls from €4k to €2k.
31-12
Financial
Equity above €150kEq €184k ▲48.9%
Equity rises from €123k to €184k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ternat · 1 establishment unit since 1988
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.
Van Overstraetenlaan 2A1740 TernatGround area
702 m²
Building footprint
182 m²
Volume, LiDAR
1,589 m³
Parcel 23086A0395/00V002, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Van Overstraetenlaan 2A, 1740 Ternat
since 19882.040.533.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0395/00V002 | Flanders | 702 m² | 1 · 182 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
JOWIMO
BE 0477.004.428
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LA FABRIQUE 22 A
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INTERNATIONAL MARKETING FORUM
BE 0442.392.749
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AMFORE
BE 0866.883.951
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SEN DESIGN
BE 0846.829.202
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Of 1,745 companies in sector 46150 we hold annual accounts for 757. 568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-1988
Fiscal year end31-12
Activities, NACEBEL
45211
46150Agents in the wholesale of furniture, household goods and hardware
41001General construction of residential buildings
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.