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B1 Location

Active
Private limited companyfounded 20233 yrs activeRue de Valenciennes(B) 305, 7300 Boussu, BelgiumKBO/BCE: BE 0798.779.657
Summary

The computed 12-month bankruptcy probability of B1 Location is 2.6% (moderate). The 2024 annual accounts show equity of €22,322 and a net result of €1,297. Its solvency ranks better than 29% of 2024 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability69=
Solvency35▼-2
Growth78
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.04 against 0.15 in 2023; short-term debt: 81.8% and cash: 0.9% of total assets), and 89.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
10.2%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
57 d late
2023
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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

B1 Location was incorporated on 23 February 2023 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€22,322▲ 6.2%
2023 · €21,025
Total assets
€219,317▲ 28.1%
2023 · €171,194
Net result
€1,297▲ 26.5%
2023 · €1,025
Working capital
-€172,868▼ 35.2%
2023 · -€127,842
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing 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
Line20232024
Operating result€1,799-€3,674▲ 104%
Net result€1,025below the sector's middle half-€1,297within the sector's middle half▲ 26.5%
Equity€21,025below the sector's middle half-€22,322within the sector's middle half▲ 6.2%
Total assets€171,194below the sector's middle half-€219,317within the sector's middle half▲ 28.1%
Debt€150,169-€196,995▲ 31.2%
Working capital-€127,842--€172,868▼ 35.2%
Solvency12.3%below the sector's middle half-10.2%within the sector's middle half▼ 2.1pp
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000€4,000Operating result 2023: €1,799€1,799Net result 2023: €1,025€1,025Operating result 2024: €3,674€3,674Net result 2024: €1,297€1,29720232024€0€1,000€2,000€3,000€4,000Operating result 2023: €1,799€1,800Net result 2023: €1,025€1,030Operating result 2024: €3,674€3,670Net result 2024: €1,297€1,30020232024
The operating result rises in 2024; 2024 is 104% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219,317
Fixed assets €212,764 ▲ 42.9%
Current assets €6,553 ▼ 70.6%
Equity and liabilities €219,317
Equity €22,322 ▲ 6.2%
Debt €196,995 ▲ 31.2%
Debt's share of the balance-sheet total rises from 87.7% to 89.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€76,955▲
2023 · €46,600
Cash flow
€74,578▲
2023 · €45,826
Current ratio
0.04▼
2023 · 0.15
Debt to equity
8.83▲
2023 · 7.14
ROE
5.8%▲
2023 · 4.9%
ROA
0.6%▼
2023 · 0.6%
Interest coverage
155.00▼
2023 · 526.97
Debt ≤ 1 year
€179,421▲
2023 · €150,169
Income taxes
€1,393▲
2023 · €373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.3% went bankrupt
1.1% stopped otherwise
95% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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%.

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 2,541 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 · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€171,194€219,317▲
Fixed assets21/28€148,868€212,764▲
Tangible fixed assets22/27€148,868€212,764▲
Plant, machinery and equipment23€27,763€41,483▲
Furniture and vehicles24€121,104€171,281▲
Current assets29/58€22,326€6,553▼
Amounts receivable within one year40/41€3,514€4,634▲
Trade receivables40€3,514€4,634▲
Cash at bank and in hand54/58€18,812€1,919▼
Equity and liabilities
Total equity and liabilities10/49€171,194€219,317▲
Equity10/15€21,025€22,322▲
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Reserves13€103€232▲
Non-distributable reserves130/1€103€232▲
Legal reserve130€103€232▲
Profit (loss) carried forward14€923€2,090▲
Amounts payable17/49€150,169€196,995▲
Amounts payable within one year42/48€150,169€179,421▲
Trade debts44€105,195€5,385▼
Suppliers440/4€105,195€5,385▼
Taxes, remuneration and social security45€5,508€19,886▲
Taxes450/3€5,508€19,886▲
Other amounts payable47/48€39,466€154,150▲
Accrued charges and deferred income492/3-€17,574
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,801€73,281▲
Other operating charges640/8€41,504€51,402▲
Gross operating margin9900€88,104€128,357▲
Operating profit (loss)9901€1,799€3,674▲
Financial charges65/66B€400€985▲
Recurring financial charges65€88€496▲
Non-recurring financial charges66B€312€488▲
Profit (loss) for the period before taxes9903€1,399€2,689▲
Income taxes67/77€373€1,393▲
Profit (loss) for the period9904€1,025€1,297▲
Profit (loss) for the period to be appropriated9905€1,025€1,297▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,025€2,220▲
Profit (loss) brought forward from the previous period14P-€923
Transfer to equity691/2€103€130▲
To the legal reserve6920€103€130▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,801€73,281▲ 63.6%
Other operating charges640/8€41,504€51,402▲ 23.8%
Gross operating margin9900€88,104€128,357▲ 45.7%
Operating profit (loss)9901€1,799€3,674▲ 104%
Financial charges65/66B€400€985▲ 146%
Recurring financial charges65€88€496▲ 461%
Non-recurring financial charges66B€312€488▲ 56.5%
Profit (loss) for the period before taxes9903€1,399€2,689▲ 92.3%
Income taxes67/77€373€1,393▲ 273%
Profit (loss) for the period9904€1,025€1,297▲ 26.5%
Profit (loss) for the period to be appropriated9905€1,025€1,297▲ 26.5%
Line20232024Change
Assets
Total assets20/58€171,194€219,317▲ 28.1%
Fixed assets21/28€148,868€212,764▲ 42.9%
Tangible fixed assets22/27€148,868€212,764▲ 42.9%
Plant, machinery and equipment23€27,763€41,483▲ 49.4%
Furniture and vehicles24€121,104€171,281▲ 41.4%
Current assets29/58€22,326€6,553▼ 70.6%
Amounts receivable within one year40/41€3,514€4,634▲ 31.9%
Trade receivables40€3,514€4,634▲ 31.9%
Cash at bank and in hand54/58€18,812€1,919▼ 89.8%
Equity and liabilities
Total equity and liabilities10/49€171,194€219,317▲ 28.1%
Equity10/15€21,025€22,322▲ 6.2%
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Reserves13€103€232▲ 126%
Non-distributable reserves130/1€103€232▲ 126%
Legal reserve130€103€232▲ 126%
Profit (loss) carried forward14€923€2,090▲ 126%
Amounts payable17/49€150,169€196,995▲ 31.2%
Amounts payable within one year42/48€150,169€179,421▲ 19.5%
Trade debts44€105,195€5,385▼ 94.9%
Suppliers440/4€105,195€5,385▼ 94.9%
Taxes, remuneration and social security45€5,508€19,886▲ 261%
Taxes450/3€5,508€19,886▲ 261%
Other amounts payable47/48€39,466€154,150▲ 291%
Accrued charges and deferred income492/3-€17,574-
Line20232024Change
Profit (loss) for the period9904€1,025€1,297▲ 26.5%
+ Depreciation and write-downs630€44,801€73,281▲ 63.6%
Operating cash flow (approximation)€45,826€74,578▲ 62.7%
Investment in fixed assets (approximation)--€137,177-
Change in cash--€16,893-

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

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Timeline · acts, filings and financial milestones

2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
02-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Boussu · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
931 m²
Building footprint
444 m²
Parcel 53041A0001/00R006, Wallonia. Linked by address, not a title deed.
1 establishment unit
B1 Location
Rue de Valenciennes(B) 305, 7300 BoussuNACE 45113
since 20232.343.379.646
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53041A0001/00R006 Wallonia 931 m² 1 · 444 m² -
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.

Similar companies · same sector, comparable size

Of 1,446 companies in sector 77110 we hold annual accounts for 729. 416 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
Founded23-02-2023
Fiscal year end31-12
Abbreviation FR B.1.L.
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
95316Washing and cleaning of motor vehicles
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798779657
Registered 22-12-2025

Register as of 27 September 2026 · Peppol Directory

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