Summary
B2B GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €26,662 and a net result of €111,014. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 8074 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8074 sector peers (2025).
NBB · sector comparisonPosition among 8074 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-05-2026, 19 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
19 d late
2024
27 d late
2023
71 d early
2021
18 d late
2020
90 d late
2019
81 d late
2018
29 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 28 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€26,662
2024 · -€84,352
Net result
€111,014▲ 458%
2024 · €19,891
Total assets
€1.3m▼ 11.2%
2024 · €1.5m
Solvency
2.0%▲ 7.6pp
2024 · -5.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€133,996▲ 44.2%€20,954▼ 84.4%€76,469-€110,464▲ 44.5%€158,746▲ 43.7%
Net result€93,966above the sector's middle half▲ 58.1%€3,116within the sector's middle half▼ 96.7%€16,072within the sector's middle half-€19,891within the sector's middle half▲ 23.8%€111,014above the sector's middle half▲ 458%
Equity€151,570within the sector's middle half▲ 163%€154,685below the sector's middle half▲ 2.1%€170,757within the sector's middle half--€84,352below the sector's middle half€26,662below the sector's middle half
Total assets€866,606within the sector's middle half▲ 18.6%€797,767below the sector's middle half▼ 7.9%€852,347within the sector's middle half-€1.5mabove the sector's middle half▲ 76.6%€1.3mabove the sector's middle half▼ 11.2%
Debt€715,037▲ 2.3%€643,082▼ 10.1%€681,590-€1.6m▲ 133%€1.3m▼ 17.6%
Working capital€114,421▼ 6.0%€32,234▼ 71.8%-€248,177--€364,347▼ 46.8%-€334,997▲ 8.1%
Solvency17.5%below the sector's middle half▲ 9.6pp19.4%below the sector's middle half▲ 1.9pp20.0%below the sector's middle half--5.6%below the sector's middle half▼ 25.6pp2.0%below the sector's middle half▲ 7.6pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.3m ▼ 3.3%
Current assets
€667 ▼ 99.5%
Equity and liabilities €1.3m
Equity
€26,662
Debt
€1.3m
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
ROE
416.4%
ROA
8.3%▲
2024 · 1.3%
Debt ≤ 1 year
€335,664▼
2024 · €486,874
Debt > 1 year
€974,726▼
2024 · €1.1m
Income taxes
€536▼
2024 · €63,600
Staff costs
€24,353▲
2024 · €24,134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €25,979 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €9,250 | €24,134 | €24,353 | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,110 | €42,387 | €116,166 | €221,266 | €85,713 | ▼ 61.3% |
| Other operating charges640/8 | - | €8,119 | €12,201 | €24,270 | €14,617 | ▼ 39.8% |
| Non-recurring operating charges66A | - | - | €17,710 | - | - | - |
| Gross operating margin9900 | €195,243 | €71,460 | €231,796 | €380,133 | €283,428 | ▼ 25.4% |
| Operating profit (loss)9901 | €133,996 | €20,954 | €76,469 | €110,464 | €158,746 | ▲ 43.7% |
| Financial income75/76B | - | €2,505 | €865 | €5,536 | €129 | ▼ 97.7% |
| Recurring financial income75 | €2,268 | €2,505 | €865 | €5,536 | €129 | ▼ 97.7% |
| Financial charges65/66B | - | €8,455 | €10,255 | €32,509 | €47,325 | ▲ 45.6% |
| Recurring financial charges65 | €9,286 | €8,455 | €10,255 | €32,509 | €47,325 | ▲ 45.6% |
| Profit (loss) for the period before taxes9903 | €126,977 | €15,004 | €67,078 | €83,491 | €111,550 | ▲ 33.6% |
| Income taxes67/77 | €33,012 | €11,888 | €51,007 | €63,600 | €536 | ▼ 99.2% |
| Profit (loss) for the period9904 | €93,966 | €3,116 | €16,072 | €19,891 | €111,014 | ▲ 458% |
| Profit (loss) for the period to be appropriated9905 | €93,966 | €3,116 | €16,072 | €19,891 | €111,014 | ▲ 458% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €866,606 | €797,767 | €852,347 | €1.5m | €1.3m | ▼ 11.2% |
| Fixed assets21/28 | €434,076 | €501,390 | €608,215 | €1.4m | €1.3m | ▼ 3.3% |
| Tangible fixed assets22/27 | €434,076 | €501,390 | €608,010 | €1.4m | €1.3m | ▼ 3.3% |
| Land and buildings22 | - | €308,351 | €276,152 | €1.1m | €1.1m | ▼ 6.7% |
| Furniture and vehicles24 | - | €106,710 | €50,272 | €24,128 | €47,100 | ▲ 95.2% |
| Other tangible fixed assets26 | - | €86,328 | €199,086 | €212,964 | €220,285 | ▲ 3.4% |
| Assets under construction and advance payments27 | - | - | €82,500 | - | - | - |
| Financial fixed assets28 | - | - | €205 | €205 | €205 | = |
| Current assets29/58 | €432,530 | €296,377 | €244,133 | €122,527 | €667 | ▼ 99.5% |
| Amounts receivable within one year40/41 | €154,295 | €15,047 | €229,518 | €102 | €265 | ▲ 160% |
| Trade receivables40 | - | €15,047 | - | - | - | - |
| Other amounts receivable41 | - | €0 | €229,518 | €102 | €265 | ▲ 160% |
| Cash at bank and in hand54/58 | €278,235 | €272,268 | €10,947 | €118,913 | - | - |
| Deferred charges and accrued income490/1 | - | €9,062 | €3,668 | €3,512 | €401 | ▼ 88.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €866,606 | €797,767 | €852,347 | €1.5m | €1.3m | ▼ 11.2% |
| Equity10/15 | €151,570 | €154,685 | €170,757 | -€84,352 | €26,662 | ▲ 132% |
| Contributions10/11 | €340,000 | €340,000 | €340,000 | €65,000 | €65,000 | = |
| Capital10 | - | €340,000 | - | - | - | - |
| Issued capital100 | - | €340,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€188,430 | -€185,315 | -€169,243 | -€149,352 | -€38,338 | ▲ 74.3% |
| Amounts payable17/49 | €715,037 | €643,082 | €681,590 | €1.6m | €1.3m | ▼ 17.6% |
| Amounts payable after more than one year17 | €388,610 | €374,539 | €189,280 | €1.1m | €974,726 | ▼ 11.6% |
| Financial debts170/4 | - | €374,539 | €189,280 | €1.1m | €974,726 | ▼ 11.6% |
| Amounts payable within one year42/48 | €318,109 | €264,143 | €492,310 | €486,874 | €335,664 | ▼ 31.1% |
| Current portion of amounts payable after more than one year42 | - | €104,097 | €106,347 | €132,537 | €127,809 | ▼ 3.6% |
| Financial debts43 | - | €9,274 | - | - | €119,398 | - |
| Credit institutions430/8 | - | €9,274 | - | - | €119,398 | - |
| Trade debts44 | €21,726 | €14,215 | €37,990 | €21,216 | €21,222 | = |
| Suppliers440/4 | - | €14,215 | €37,990 | €21,216 | €21,222 | = |
| Taxes, remuneration and social security45 | - | €68,672 | €107,974 | €131,331 | €67,159 | ▼ 48.9% |
| Taxes450/3 | - | €68,672 | €107,159 | €129,321 | €67,159 | ▼ 48.1% |
| Remuneration and social security454/9 | - | - | €814 | €2,010 | - | - |
| Other amounts payable47/48 | - | €67,886 | €240,000 | €201,791 | €75 | ▼ 100.0% |
| Accrued charges and deferred income492/3 | - | €4,400 | - | - | - | - |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93,966 | €3,116 | €16,072 | €19,891 | €111,014 | ▲ 458% |
| + Depreciation and write-downs630 | €41,110 | €42,387 | €116,166 | €221,266 | €85,713 | ▼ 61.3% |
| Operating cash flow (approximation) | €135,076 | €45,503 | €132,238 | €241,157 | €196,727 | ▼ 18.4% |
| Investment in fixed assets (approximation) | - | -€109,700 | - | -€995,581 | -€39,568 | ▲ 96.0% |
| Change in cash | - | -€5,966 | - | €107,966 | - | - |
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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
12-03
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2025
30-09
Financial
Highest result since 2018net €111,014 ▲458%
Net result €111,014, the highest in the series.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
03-03
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Capital · Frank Muller
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-11
State Gazette act
General meeting · Director resignation
Director reappointment · Permanent representative
14-04
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
14-04
State Gazette act
Board meeting · General meeting
Power of attorney · Permanent representative
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €3,116 ▼96.7%
Net result drops to €3,116, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
Show earlier events
2020
31-12
Financial
Equity above €150,000Eq €151,570 ▲163%
3 profitable years in a row build equity to €151,570.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2010
31-08
State Gazette act
General meeting · Director appointment
Permanent representative · Board meeting
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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 2001
Ground area
3,646 m²
Building footprint
903 m²
Volume, LiDAR
11,856 m³
2 parcels, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
B2B GROUP
since 20012.096.939.961
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0260/00Y002 | Brussels | 2,436 m² | 1 · 504 m² | 14.8 m · 4 fl. |
| 21822R0261/00M000 | Brussels | 1,210 m² | 1 · 400 m² | 19.9 m · 6 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
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
ESPACE ROLIN - ROLIN RUIMTE
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 8,413 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
Founded22-12-2000
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473602401
Also
9925:BE0473602401
Registered
04-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.