Debts
€70,206 97% of the balance sheet
Financial debts 78%Suppliers 8%Taxes and wages 2%Other 12%
Of this, €15,646 falls due within a year.
B&S SOLUTION
Lifetime
4 annual accounts with figures on one time axispeak €30,819 (2021)
-€8,726▼ €7,601
lowest -€19,152 (2024)
-€19,152▼ €20,196
peak €21,173 (2023)
€2,021▼ 90.5%
€70,206▼ 21.5%
Board1 name since 2020
1 directorEMIN Bayram Emin
Documentsfilings and deeds
14-10-202575 days late
2024micro format
Gross margin from -€1,126 to -€8,726Loss of €19,152Equity from €21,173 to €2,021Debts from €89,386 to €70,206Investments €18,700
Key points
from the 2024 annual accountsFilings
4 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€19,152
Lower net result than 92% of companies in specialised construction. Sector median €9,467 · 35,926 companies.
Turnover not published (micro format)
Checked score
48
Fair
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025lowest value
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.3 percentage points vs 07-2025
09-2025: 1.4%▲ +0.2 percentage points vs 08-2025
10-2025: 2.1%▲ +0.7 percentage points vs 09-2025
11-2025: 1.7%▼ -0.4 percentage points vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.6%▼ -0.1 percentage points vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.7%▲ +0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +0.6 percentage points vs 07-2026
09-2026: 2.6%▲ +0.3 percentage points vs 08-2026
10-2026: 3.8%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 3.8%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 18-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 2 of the last 3 accounts late
Founded in 2020
lowers risk
Liquidity: current ratio 3.36, cash €38,165
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 10% of them on solvency, 90% on liquidity, 4% on profitability and 4% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 646 companies had the same profile as B&S SOLUTION has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B&S SOLUTION itself: 3.8% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 646 companies, not a prediction for B&S SOLUTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 3.36 (3.85 in 2023), above the usual 1.5. Short-term debt is 21.7% and cash 52.8% of total assets. However, 97.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35957 sector peers (2024).
NBB · sector comparisonPosition among 35957 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 75 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
75 days late
2023
27 days late
2022
122 days late
2021
320 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 136 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0757468149
Incorporation
Founding capital of €500, 100 shares · Founder: EMIN Bayram Emin (oprichter comparant) · Appointment: EMIN Bayram Emin (director) · published on 28-10-2020 · Gazette deed
First establishment
Royal Logistics, Nieuwe-Winningstraat 45, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| B&S SOLUTION Hasselt | €72,227 | -€8,726 | 2.8% | - |
| DAEMEN S'NG Peer | €81,540 | -€9,307 | -142.2% | - |
| Outdoor-Technics Zoutleeuw | €91,428 | -€12,964 | -47.1% | - |
| CHERRY FARM Sint-Truiden | €88,172 | -€17,140 | -43.4% | - |
| RENO Beringen | €99,937 | -€29,368 | 93.3% | - |
| JCP Services Beauvechain | €52,047 | -€7,125 | -49.5% | - |
| de Loncin Eric Rochefort | €98,673 | -€24,701 | 32.9% | - |
These companies have the same main activity as B&S SOLUTION: site preparation (NACE 43120). They are comparable in size and age: total assets between €52,000 and €99,900, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 26-10-2020Normal situation
- Activity
- Site preparationNACE 43120and 5 others
- Establishment unit
- 2.308.943.8543500 Hasselt, since 26-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 01-02-2026
Insights on B&S SOLUTION
B&S SOLUTION files the micro format. That format states no turnover. The gross margin fell from €30,819 in 2021 to -€8,726 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about B&S SOLUTION
- What is the company number of B&S SOLUTION?
- The company number of B&S SOLUTION is 0757.468.149. The VAT number is the same number with BE in front: BE 0757.468.149.
- Where is B&S SOLUTION based?
- The registered office is at Nieuwe-Winningstraat 45, 3500 Hasselt.Company details
- What does B&S SOLUTION do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of B&S SOLUTION?
- B&S SOLUTION is a private limited company (BV).
- When was B&S SOLUTION founded?
- B&S SOLUTION was founded on 26-10-2020.
- Is B&S SOLUTION still active?
- Yes, B&S SOLUTION is an active enterprise in the KBO register.
- What is the turnover of B&S SOLUTION?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is B&S SOLUTION profitable?
- In financial year 2024, B&S SOLUTION made a loss of €19,152.
- Where can I find the annual accounts of B&S SOLUTION?
- B&S SOLUTION filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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