B77C
ActiveSummary
B77C has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €13k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency37▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.85 in 2024; short-term debt: 15.1% and cash: 1.3% of total assets), and 87.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
12.2%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
32 d early
2024
7 d early
2023
21 d early
2022
9 d late
2021
25 d late
2020
13 d late
2019
11 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€103k▼ 37.1%
2024 · €164k
Total assets
€851k▼ 15.1%
2024 · €1.00M
Net result
€13k▼ 34.5%
2024 · €20k
Working capital
€-73k▼ 189%
2024 · €-25k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26k▲ 40.4%€71k▲ 172%€33k▼ 53.6%€40k▲ 21.6%€31k▼ 23.1%
Net result€9k▲ 1,160%€41k▲ 338%€14k▼ 66.9%€20k▲ 45.5%€13k▼ 34.5%
Equity€90k▲ 11.8%€131k▲ 46.2%€145k▲ 10.4%€164k▲ 13.8%€103k▼ 37.1%
Total assets€1.12M▼ 1.1%€1.01M▼ 9.3%€1.04M▲ 2.5%€1.00M▼ 3.6%€851k▼ 15.1%
Debt€1.03M▼ 2.1%€883k▼ 14.1%€895k▲ 1.3%€837k▼ 6.4%€747k▼ 10.8%
Working capital€-82k▲ 34.8%€-49k▲ 40.5%€-39k▲ 19.9%€-25k▲ 36.0%€-73k▼ 189%
Staff (FTE)1▲ 11.1%0.7▼ 30.0%
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 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €851k
Fixed assets
€795k ▼ 7.9%
Current assets
€56k ▼ 59.9%
Equity and liabilities €851k
Equity
€103k ▼ 37.1%
Debt
€747k ▼ 10.8%
Debt's share of the balance-sheet total rises from 83.6% to 87.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€107k▼
2024 · €114k
Cash flow
€89k▼
2024 · €94k
Current ratio
0.43▼
2024 · 0.85
Debt to equity
7.22▲
2024 · 5.09
ROE
12.6%▲
2024 · 12.1%
ROA
1.5%▼
2024 · 2.0%
Interest coverage
8.27▲
2024 · 8.21
Debt ≤ 1 year
€128k▼
2024 · €164k
Debt > 1 year
€619k▼
2024 · €674k
Income taxes
€5k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €60k | €10k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68k | €70k | €71k | €74k | €76k | ▲ 3.0% |
| Other operating charges640/8 | €5k | €5k | €6k | €7k | €7k | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | €321 | €0 | ▼ 100% |
| Gross operating margin9900 | €159k | €156k | €110k | €121k | €114k | ▼ 5.9% |
| Operating profit (loss)9901 | €26k | €71k | €33k | €40k | €31k | ▼ 23.1% |
| Financial income75/76B | €0 | €0 | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €0 | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €16k | €15k | €15k | €14k | €13k | ▼ 6.8% |
| Recurring financial charges65 | €16k | €15k | €15k | €14k | €13k | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | €10k | €56k | €18k | €26k | €18k | ▼ 31.7% |
| Income taxes67/77 | €367 | €14k | €4k | €6k | €5k | ▼ 22.5% |
| Profit (loss) for the period9904 | €9k | €41k | €14k | €20k | €13k | ▼ 34.5% |
| Profit (loss) for the period to be appropriated9905 | €9k | €41k | €14k | €20k | €13k | ▼ 34.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.12M | €1.01M | €1.04M | €1.00M | €851k | ▼ 15.1% |
| Fixed assets21/28 | €1.02M | €960k | €911k | €863k | €795k | ▼ 7.9% |
| Tangible fixed assets22/27 | €1.02M | €960k | €911k | €860k | €792k | ▼ 7.9% |
| Land and buildings22 | €1.01M | €946k | €879k | €812k | €745k | ▼ 8.2% |
| Plant, machinery and equipment23 | - | €10k | €29k | €46k | €45k | ▼ 0.8% |
| Furniture and vehicles24 | €5k | €4k | €3k | €2k | €1k | ▼ 41.4% |
| Financial fixed assets28 | - | - | - | €3k | €3k | = |
| Current assets29/58 | €100k | €54k | €128k | €139k | €56k | ▼ 59.9% |
| Amounts receivable within one year40/41 | €98k | €38k | €58k | €81k | €45k | ▼ 44.8% |
| Trade receivables40 | €98k | €38k | €57k | €79k | €43k | ▼ 45.9% |
| Other amounts receivable41 | €32 | €29 | €1k | €2k | €2k | = |
| Cash at bank and in hand54/58 | €3k | €16k | €70k | €58k | €11k | ▼ 81.0% |
| Deferred charges and accrued income490/1 | - | €22 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.12M | €1.01M | €1.04M | €1.00M | €851k | ▼ 15.1% |
| Equity10/15 | €90k | €131k | €145k | €164k | €103k | ▼ 37.1% |
| Contributions10/11 | €90k | €90k | €90k | €90k | €90k | = |
| Reserves13 | €187 | €41k | €55k | €74k | €13k | ▼ 81.9% |
| Non-distributable reserves130/1 | €187 | €187 | €187 | €187 | €187 | = |
| Reserves not available under the articles1311 | €187 | €187 | €187 | €187 | €187 | = |
| Distributable reserves133 | - | €41k | €54k | €74k | €13k | ▼ 82.1% |
| Profit (loss) carried forward14 | €-663 | €0 | - | - | €0 | - |
| Amounts payable17/49 | €1.03M | €883k | €895k | €837k | €747k | ▼ 10.8% |
| Amounts payable after more than one year17 | €828k | €780k | €727k | €674k | €619k | ▼ 8.1% |
| Financial debts170/4 | €828k | €780k | €727k | €674k | €619k | ▼ 8.1% |
| Amounts payable within one year42/48 | €183k | €103k | €167k | €164k | €128k | ▼ 21.7% |
| Current portion of amounts payable after more than one year42 | €55k | €52k | €53k | €54k | €55k | ▲ 1.8% |
| Trade debts44 | €19k | €26k | €95k | €95k | €64k | ▼ 32.4% |
| Suppliers440/4 | €19k | €26k | €95k | €95k | €64k | ▼ 32.4% |
| Taxes, remuneration and social security45 | €7k | €24k | €19k | €15k | €9k | ▼ 38.0% |
| Taxes450/3 | €7k | €24k | €19k | €15k | €9k | ▼ 38.0% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €102k | €2k | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €18k | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €41k | €14k | €20k | €13k | ▼ 34.5% |
| + Depreciation and write-downs630 | €68k | €70k | €71k | €74k | €76k | ▲ 3.0% |
| Operating cash flow (approximation) | €77k | €111k | €85k | €94k | €89k | ▼ 5.0% |
| Investment in fixed assets (approximation) | - | €-12k | €-22k | €-26k | €-8k | ▲ 69.9% |
| Change in cash | - | €13k | €54k | €-12k | €-47k | ▼ 281% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €164k ▲13.8%
5 profitable years in a row build equity to €164k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Highest result since 2018net €41k ▲338%
Operating result €71k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €131k ▲46.2%
3 profitable years in a row build equity to €131k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €748
Net result €748 after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 97 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aartselaar · 1 establishment unit since 2016
Ground area
1.6 ha
Building footprint
1,860 m²
Volume, LiDAR
12,979 m³
Parcel 11001B0411/00A000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
B77C
since 20162.257.471.003
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0411/00A000 | Flanders | 1.6 ha | 1 · 1,860 m² | 9.9 m · 2 fl. |
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
IMMO TRIVAS
BE 0732.545.285
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AYD REAL ESTATE
BE 0789.365.511
Genk · Eq €103,426
Van Loy M & I
BE 0669.935.943
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CAMBRURE
BE 0455.947.906
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HILVERLI
BE 0640.766.756
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 3,806 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
Founded11-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.