B.V.D.
ActiveSummary
B.V.D. has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,765 and a net result of €19,522. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 65% of 12788 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74=
Solvency95▼-5
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 3.3 against 6.71 in 2024; short-term debt: 29.9% and cash: 1.9% of total assets), and 29.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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
70.1%
Return on assets
4.3%
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 31-08-2026, 31 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
31 d late
2024
1 d early
2023
68 d late
2021
89 d late
2020
192 d late
2019
119 d late
2018
127 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 89 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€320,765▼ 22.4%
2024 · €413,243
Total assets
€457,448▼ 5.7%
2024 · €485,140
Net result
€19,522▼ 12.0%
2024 · €22,196
Working capital
€314,921▼ 20.3%
2024 · €395,012
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
Line20202021202320242025
Operating result€49,305▲ 27.0%€77,091▲ 56.4%€49,095-€54,178▲ 10.4%€33,482▼ 38.2%
Net result€30,037within the sector's middle half▲ 19.8%€50,019within the sector's middle half▲ 66.5%€17,808within the sector's middle half-€22,196within the sector's middle half▲ 24.6%€19,522within the sector's middle half▼ 12.0%
Equity€418,208above the sector's middle half▲ 7.7%€468,227above the sector's middle half▲ 12.0%€436,047above the sector's middle half-€413,243above the sector's middle half▼ 5.2%€320,765above the sector's middle half▼ 22.4%
Total assets€440,553within the sector's middle half▲ 7.1%€496,724within the sector's middle half▲ 12.8%€518,061above the sector's middle half-€485,140above the sector's middle half▼ 6.4%€457,448within the sector's middle half▼ 5.7%
Debt€22,345▼ 3.5%€28,497▲ 27.5%€82,014-€71,897▼ 12.3%€136,683▲ 90.1%
Working capital€416,658▲ 12.1%€466,677▲ 12.0%€412,503-€395,012▼ 4.2%€314,921▼ 20.3%
Solvency94.9%above the sector's middle half▲ 0.6pp94.3%above the sector's middle half▼ 0.7pp84.2%above the sector's middle half-85.2%above the sector's middle half▲ 1.0pp70.1%within the sector's middle half▼ 15.1pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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 falls in 2025; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €457,448
Fixed assets
€5,844 ▼ 72.1%
Current assets
€451,604 ▼ 2.7%
Equity and liabilities €457,448
Equity
€320,765 ▼ 22.4%
Debt
€136,683 ▲ 90.1%
Debt's share of the balance-sheet total rises from 14.8% to 29.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48,814▼
2024 · €69,075
Cash flow
€34,854▼
2024 · €37,093
Current ratio
3.30▼
2024 · 6.71
Debt to equity
0.43▲
2024 · 0.17
ROE
6.1%▲
2024 · 5.4%
ROA
4.3%▼
2024 · 4.6%
Interest coverage
35.95▼
2024 · 52.45
Debt ≤ 1 year
€136,683▲
2024 · €69,162
Income taxes
€9,290▼
2024 · €30,590
Staff costs
€6,927
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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 16,986 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 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €6,927 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,829 | - | €14,891 | €14,897 | €15,332 | ▲ 2.9% |
| Other operating charges640/8 | - | €2,864 | €4,013 | €5,846 | €8,477 | ▲ 45.0% |
| Gross operating margin9900 | €65,939 | €79,955 | €67,999 | €74,921 | €64,218 | ▼ 14.3% |
| Operating profit (loss)9901 | €49,305 | €77,091 | €49,095 | €54,178 | €33,482 | ▼ 38.2% |
| Recurring financial income75 | €60 | - | - | - | - | - |
| Financial charges65/66B | - | €1,072 | €2,652 | €1,392 | €4,670 | ▲ 235% |
| Recurring financial charges65 | €1,079 | €1,019 | €2,652 | €1,317 | €1,358 | ▲ 3.1% |
| Non-recurring financial charges66B | - | €53 | - | €75 | €3,312 | ▲ 4,316% |
| Profit (loss) for the period before taxes9903 | €46,761 | €76,019 | €46,443 | €52,786 | €28,812 | ▼ 45.4% |
| Income taxes67/77 | €16,724 | €26,000 | €28,635 | €30,590 | €9,290 | ▼ 69.6% |
| Profit (loss) for the period9904 | €30,037 | €50,019 | €17,808 | €22,196 | €19,522 | ▼ 12.0% |
| Profit (loss) for the period to be appropriated9905 | €30,037 | €50,019 | €17,808 | €22,196 | €19,522 | ▼ 12.0% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €440,553 | €496,724 | €518,061 | €485,140 | €457,448 | ▼ 5.7% |
| Fixed assets21/28 | €1,550 | €1,550 | €34,529 | €20,966 | €5,844 | ▼ 72.1% |
| Tangible fixed assets22/27 | - | - | €32,979 | €19,416 | €4,084 | ▼ 79.0% |
| Furniture and vehicles24 | - | - | €1,760 | €2,639 | €1,750 | ▼ 33.7% |
| Leasing and similar rights25 | - | - | €31,219 | €16,777 | €2,334 | ▼ 86.1% |
| Financial fixed assets28 | €1,550 | €1,550 | €1,550 | €1,550 | €1,760 | ▲ 13.5% |
| Current assets29/58 | €439,003 | €495,174 | €483,532 | €464,174 | €451,604 | ▼ 2.7% |
| Amounts receivable within one year40/41 | €416,226 | €477,100 | €464,786 | €443,219 | €442,750 | ▼ 0.1% |
| Trade receivables40 | - | €50,581 | €47,927 | €60,441 | €81,631 | ▲ 35.1% |
| Other amounts receivable41 | - | €426,519 | €416,859 | €382,778 | €361,119 | ▼ 5.7% |
| Cash at bank and in hand54/58 | €22,777 | €18,074 | €17,731 | €16,616 | €8,854 | ▼ 46.7% |
| Deferred charges and accrued income490/1 | - | - | €1,015 | €4,339 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €440,553 | €496,724 | €518,061 | €485,140 | €457,448 | ▼ 5.7% |
| Equity10/15 | €418,208 | €468,227 | €436,047 | €413,243 | €320,765 | ▼ 22.4% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €98,859 | €144,859 | €152,859 | €150,859 | €57,859 | ▼ 61.6% |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | - | - | - | - |
| Distributable reserves133 | - | €143,000 | €152,859 | €150,859 | €57,859 | ▼ 61.6% |
| Profit (loss) carried forward14 | €313,152 | €317,171 | €276,991 | €256,187 | €256,709 | ▲ 0.2% |
| Amounts payable17/49 | €22,345 | €28,497 | €82,014 | €71,897 | €136,683 | ▲ 90.1% |
| Amounts payable after more than one year17 | - | - | €10,985 | €2,735 | - | - |
| Financial debts170/4 | - | - | €10,985 | €2,735 | - | - |
| Amounts payable within one year42/48 | €22,345 | €28,497 | €71,029 | €69,162 | €136,683 | ▲ 97.6% |
| Current portion of amounts payable after more than one year42 | - | €1,708 | €10,021 | €8,425 | €1,901 | ▼ 77.4% |
| Trade debts44 | €318 | €1,290 | - | - | - | - |
| Suppliers440/4 | - | €1,290 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €25,499 | €16,008 | €15,737 | €22,782 | ▲ 44.8% |
| Taxes450/3 | - | €25,499 | €16,008 | €15,737 | €20,397 | ▲ 29.6% |
| Remuneration and social security454/9 | - | - | - | - | €2,385 | - |
| Other amounts payable47/48 | - | - | €45,000 | €45,000 | €112,000 | ▲ 149% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,037 | €50,019 | €17,808 | €22,196 | €19,522 | ▼ 12.0% |
| + Depreciation and write-downs630 | €14,829 | - | €14,891 | €14,897 | €15,332 | ▲ 2.9% |
| Operating cash flow (approximation) | €44,866 | €50,019 | €32,699 | €37,093 | €34,854 | ▼ 6.0% |
| Investment in fixed assets (approximation) | - | €0 | - | -€1,334 | -€210 | ▲ 84.3% |
| Change in cash | - | -€4,703 | - | -€1,115 | -€7,762 | ▼ 596% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €17,808 ▼64.4%
Net result drops to €17,808, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 192 days late
2021
31-12
Financial
Highest result since 2018net €50,019 ▲66.5%
Operating result €77,091, net result €50,019, both a record.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 127 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Wavre · 1 establishment unit since 2007
Ground area
4,055 m²
Building footprint
596 m²
Volume, LiDAR
7,210 m³
2 parcels, Wallonia · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de l'Equinoxe 3, 1300 Wavre
since 20072.342.122.903
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055A0141/00T000 | Wallonia | 3,148 m² | 1 · 487 m² | 16.7 m · 4 fl. |
| 25055A0141/00Z000 | Wallonia | 907 m² | 1 · 109 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2025 annual accounts of B.V.D. and those 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
FIGENO
BE 0436.459.715
Waterloo · Eq €320,747
SECRETO
BE 0885.850.124
Roeselare · Eq €320,888
LUTINO
BE 0833.596.026
Veurne · Eq €321,057
BOEKHOUDKANTOOR DE WAELE
BE 0899.019.556
Sint-Truiden · Eq €321,066
FISCOBAT
BE 0832.839.327
Waregem · Eq €321,153
Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,005 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
Founded06-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448525228
Registered
08-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.