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B2CIT

Active
Private limited companyfounded 2020active for 6 yearsQuai Banning 6, 4000 Liège, Belgium54 active companies are registered at this addressKBO/BCE: BE 0746.665.616

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

B2CIT has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,689 and a net result of €17,207. Equity has been growing by about 13% per year since 2021. Its solvency ranks better than 69% of 561 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, full format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
30-06-2025
Filed on
17-12-2025
Format
full format
Reference
2025-00583557
Turnover
≈ €74,000
Estimated: probably between €49,000 and €110,000
EBIT margin
Not included in this filing
Net result
€17,207▼ 82.7%
2024 · €99,745
Working capital
€16,488▼ 64.1%
2024 · €45,984
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is 83% lower than in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€21,334 2025 Net result€17,207 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€20,483-€27,149▲ 32.5%€58,347▲ 115%€128,277▲ 120%€21,334▼ 83.4%
Net result€15,590within the sector's middle half-€20,007within the sector's middle half▲ 28.3%€46,905within the sector's middle half▲ 134%€99,745within the sector's middle half▲ 113%€17,207within the sector's middle half▼ 82.7%
Equity€17,590below the sector's middle half-€37,597below the sector's middle half▲ 114%€79,502below the sector's middle half▲ 111%€47,483below the sector's middle half▼ 40.3%€47,689below the sector's middle half▲ 0.4%
Total assets€27,921below the sector's middle half-€59,035below the sector's middle half▲ 111%€107,671below the sector's middle half▲ 82.4%€141,796below the sector's middle half▲ 31.7%€76,884below the sector's middle half▼ 45.8%
Debt€10,330-€21,438▲ 108%€28,168▲ 31.4%€94,313▲ 235%€29,195▼ 69.0%
Working capital€6,829within the sector's middle half-€30,896within the sector's middle half▲ 352%€76,251within the sector's middle half▲ 147%€45,984within the sector's middle half▼ 39.7%€16,488within the sector's middle half▼ 64.1%
Solvency63.0%above the sector's middle half-63.7%above the sector's middle half▲ 0.7pp73.8%above the sector's middle half▲ 10.2pp33.5%within the sector's middle half▼ 40.4pp62.0%within the sector's middle half▲ 28.5pp
Current ratio1.66within the sector's middle half-2.44above the sector's middle half▲ 0.783.71above the sector's middle half▲ 1.271.49within the sector's middle half▼ 2.221.57within the sector's middle half▲ 0.08
Return on assets (ROA)55.8%above the sector's middle half-33.9%above the sector's middle half▼ 21.9pp43.6%above the sector's middle half▲ 9.7pp70.3%above the sector's middle half▲ 26.8pp22.4%above the sector's middle half▼ 48.0pp
Staff (FTE)0below the sector's middle half
above within below The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,884
Fixed assets €31,421 ▲ 18×
Current assets €45,463 ▼ 67.5%
Equity and liabilities €76,884
Equity €47,689 ▲ 0.4%
Debt €29,195 ▼ 69.0%
Debt's share of the balance-sheet total falls from 66.5% to 38.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,125▼
2024 · €129,809
Cash flow
€20,998▼
2024 · €101,277
Debt to equity
0.61▼
2024 · 1.99
ROE
36.1%▼
2024 · 210.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€28,975▼
2024 · €94,093
Income taxes
€5,326▼
2024 · €28,475
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as B2CIT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of B2CIT itself is lower: 0.2% within 12 months. It rests on far more data about B2CIT than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for B2CIT. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 (PDF), filed on 17-12-2025.

Balance sheet Code20242025
Assets
Total assets20/58€141,796€76,884▼
Fixed assets21/28€1,719€31,421▲
Tangible fixed assets22/27€1,719€31,421▲
Furniture and vehicles24€99€30,313▲
Assets under construction and advance payments27€1,620€1,109▼
Current assets29/58€140,077€45,463▼
Amounts receivable within one year40/41€39,789€19,477▼
Trade receivables40€37,264€19,477▼
Other amounts receivable41€2,525€0▼
Current investments50/53-€15,750
Cash at bank and in hand54/58€100,289€10,236▼
Equity and liabilities
Total equity and liabilities10/49€141,796€76,884▼
Equity10/15€47,483€47,689▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€45,483€45,689▲
Amounts payable17/49€94,313€29,195▼
Amounts payable within one year42/48€94,093€28,975▼
Trade debts44€2,476€1,702▼
Suppliers440/4€2,476€1,702▼
Taxes, remuneration and social security45€29,617€12,823▼
Taxes450/3€27,448€10,648▼
Remuneration and social security454/9€2,169€2,175▲
Other amounts payable47/48€62,000€14,450▼
Accrued charges and deferred income492/3€220€220=
Income statement Code20242025
Non-recurring operating income76A-€413
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,532€3,791▲
Other operating charges640/8€746€2,463▲
Gross operating margin9900€130,554€27,589▼
Operating profit (loss)9901€128,277€21,334▼
Financial income75/76B€4€1,305▲
Recurring financial income75€4€1,305▲
Financial charges65/66B€60€107▲
Recurring financial charges65€60€107▲
Profit (loss) for the period before taxes9903€128,220€22,532▼
Income taxes67/77€28,475€5,326▼
Profit (loss) for the period9904€99,745€17,207▼
Profit (loss) for the period to be appropriated9905€99,745€17,207▼
Appropriation of the result
Profit (loss) to be appropriated9906€177,247€62,689▼
Profit (loss) brought forward from the previous period14P€77,502€45,483▼
Profit to be distributed694/7€131,765€17,000▼
Return on contributions (dividend)694€131,765€17,000▼
Social balance sheet
Average headcount (FTE)9087-0.0

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20212022202320242025Change
Non-recurring operating income76A----€413-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,086€3,597€3,450€1,532€3,791▲ 147%
Other operating charges640/8-€682€568€746€2,463▲ 230%
Gross operating margin9900€24,980€31,427€62,365€130,554€27,589▼ 78.9%
Operating profit (loss)9901€20,483€27,149€58,347€128,277€21,334▼ 83.4%
Financial income75/76B---€4€1,305▲ 327×
Recurring financial income75€6--€4€1,305▲ 327×
Financial charges65/66B-€1,043€95€60€107▲ 77.4%
Recurring financial charges65€33€50€95€60€107▲ 77.4%
Non-recurring financial charges66B-€993----
Profit (loss) for the period before taxes9903€20,456€26,106€58,251€128,220€22,532▼ 82.4%
Income taxes67/77€4,866€6,099€11,346€28,475€5,326▼ 81.3%
Profit (loss) for the period9904€15,590€20,007€46,905€99,745€17,207▼ 82.7%
Profit (loss) for the period to be appropriated9905€15,590€20,007€46,905€99,745€17,207▼ 82.7%
Line20212022202320242025Change
Assets
Total assets20/58€27,921€59,035€107,671€141,796€76,884▼ 45.8%
Fixed assets21/28€10,761€6,701€3,251€1,719€31,421▲ 18×
Tangible fixed assets22/27€10,761€6,701€3,251€1,719€31,421▲ 18×
Furniture and vehicles24-€4,142€1,119€99€30,313▲ 307×
Assets under construction and advance payments27-€2,558€2,132€1,620€1,109▼ 31.6%
Current assets29/58€17,159€52,334€104,420€140,077€45,463▼ 67.5%
Stocks and contracts in progress3€3,100-----
Amounts receivable within one year40/41€303€6,994€10,682€39,789€19,477▼ 51.0%
Trade receivables40-€6,994€10,682€37,264€19,477▼ 47.7%
Other amounts receivable41---€2,525€0▼ 100%
Current investments50/53----€15,750-
Cash at bank and in hand54/58€13,757€45,340€93,738€100,289€10,236▼ 89.8%
Equity and liabilities
Total equity and liabilities10/49€27,921€59,035€107,671€141,796€76,884▼ 45.8%
Equity10/15€17,590€37,597€79,502€47,483€47,689▲ 0.4%
Contributions10/11-€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€15,590€35,597€77,502€45,483€45,689▲ 0.5%
Amounts payable17/49€10,330€21,438€28,168€94,313€29,195▼ 69.0%
Amounts payable within one year42/48€10,330€21,438€28,168€94,093€28,975▼ 69.2%
Trade debts44€1,668€2,015€2,969€2,476€1,702▼ 31.3%
Suppliers440/4-€2,015€2,969€2,476€1,702▼ 31.3%
Taxes, remuneration and social security45-€15,617€19,171€29,617€12,823▼ 56.7%
Taxes450/3-€13,715€17,697€27,448€10,648▼ 61.2%
Remuneration and social security454/9-€1,902€1,474€2,169€2,175▲ 0.3%
Other amounts payable47/48-€3,805€6,028€62,000€14,450▼ 76.7%
Accrued charges and deferred income492/3---€220€220=
Line20212022202320242025Change
Profit (loss) for the period9904€15,590€20,007€46,905€99,745€17,207▼ 82.7%
+ Depreciation and write-downs630€3,086€3,597€3,450€1,532€3,791▲ 147%
Operating cash flow (approximation)€18,676€23,603€50,355€101,277€20,998▼ 79.3%
Investment in fixed assets (approximation)-€464€0€0-€33,493-
Change in cash-€31,583€48,398€6,551-€90,052-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
30-06-2025 full format 17-12-2025 2025-00583557 PDF
30-06-2024 full format 19-11-2024 2024-00601592 PDF
30-06-2023 full format 08-10-2023 2023-00476234 PDF
30-06-2022 full format 05-10-2022 2022-20451221 PDF
30-06-2021 full format 22-12-2021 2021-81400064 PDF

Comparable companies

These companies have the same main activity as B2CIT: raising of other cattle and buffaloes (NACE 01420). They are comparable in size and age: total assets between €51,200 and €283,000, founded between 2011 and 2023.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
B2CIT Liège2020€76,884€47,689€27,589-€17,20702025
LES AMANDIERS Voeren2021€161,818€38,277€20,246-€6,141-2025
De Meulderhoeve Brecht2023€101,226€27,614€12,491--€169-2025
SF AGRI Bastogne2011€124,715-€34,926€29,801--€5,992-2025
ECURIE BQS Mons2014€162,628-€103,888€56,035-€19,778-2025
De Ruitershoeve Peer2023€51,217€7,023€9,571-€6,313-2025
l'Angus des Plaines et Collines Ath2015€282,817€41,088€32,281€64,872€5,658-2025

They were chosen from the 71 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.