BACOFI
ActiveSummary
BACOFI has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €58,452 and a net result of €1,838. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability41▼-59
Solvency76▼-24
Growth78=
Track record92
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.44; short-term debt: 41% and cash: 92.9% of total assets), and 49.4% of the assets are financed with debt.
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Signals
Nine 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
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 2024Solvency, return and age of the figures
Solvency
50.6%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 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
not confirmed
2024
5 d late
2023
21 d late
2022
23 d late
2021
2 d late
2020
23 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,838▼ 87.7%
2023 · €14,896
Working capital
€68,076▲ 20.2%
2023 · €56,614
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20202021202220232024
Operating result-€5,011€13,166€9,458▼ 28.2%€15,706▲ 66.1%€1,957▼ 87.5%
Net result-€5,322below the sector's middle half€12,376within the sector's middle half€9,208within the sector's middle half▼ 25.6%€14,896within the sector's middle half▲ 61.8%€1,838below the sector's middle half▼ 87.7%
Equity€20,134below the sector's middle half▼ 20.9%€32,510within the sector's middle half▲ 61.5%€41,718within the sector's middle half▲ 28.3%€56,614within the sector's middle half▲ 35.7%€58,452within the sector's middle half▲ 3.2%
Total assets€27,790below the sector's middle half▼ 7.2%€34,685below the sector's middle half▲ 24.8%€42,650below the sector's middle half▲ 23.0%€56,627below the sector's middle half▲ 32.8%€115,423within the sector's middle half▲ 104%
Debt€7,656▲ 70.9%€2,175▼ 71.6%€932▼ 57.1%€13▼ 98.6%€47,346▲ 364,102%
Working capital€20,134▼ 20.9%€32,510▲ 61.5%€41,718▲ 28.3%€56,614▲ 35.7%€68,076▲ 20.2%
Solvency72.5%within the sector's middle half▼ 12.6pp93.7%above the sector's middle half▲ 21.3pp97.8%above the sector's middle half▲ 4.1pp100.0%above the sector's middle half▲ 2.2pp50.6%within the sector's middle half▼ 49.3pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €115,423
Equity
€58,452 ▲ 3.2%
Provisions
€9,624
Debt
€47,346 ▲ 364,102%
Debt's share of the balance-sheet total rises from 0.0% to 41.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.44
Debt to equity
0.81▲
2023 · 0.00
ROE
3.1%▼
2023 · 26.3%
ROA
1.6%▼
2023 · 26.3%
Debt ≤ 1 year
€47,346▲
2023 · €13
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
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 0.8% 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 497,662 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% | 1.7% |
| 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 75% 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 10,905 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €9,624 | - |
| Other operating charges640/8 | - | €793 | €807 | €905 | €567 | ▼ 37.3% |
| Gross operating margin9900 | -€4,010 | €13,959 | €10,265 | €16,611 | €12,149 | ▼ 26.9% |
| Operating profit (loss)9901 | -€5,011 | €13,166 | €9,458 | €15,706 | €1,957 | ▼ 87.5% |
| Financial income75/76B | - | - | - | - | €98 | - |
| Recurring financial income75 | - | - | - | - | €98 | - |
| Financial charges65/66B | - | €202 | €250 | €215 | €217 | ▲ 1.1% |
| Recurring financial charges65 | €14 | €202 | €250 | €215 | €217 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | -€5,025 | €12,964 | €9,208 | €15,491 | €1,838 | ▼ 88.1% |
| Income taxes67/77 | €297 | €588 | - | €595 | - | - |
| Profit (loss) for the period9904 | -€5,322 | €12,376 | €9,208 | €14,896 | €1,838 | ▼ 87.7% |
| Profit (loss) for the period to be appropriated9905 | -€5,322 | €12,376 | €9,208 | €14,896 | €1,838 | ▼ 87.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,790 | €34,685 | €42,650 | €56,627 | €115,423 | ▲ 104% |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | - | €0 | - | - | - | - |
| Current assets29/58 | €27,790 | €34,685 | €42,650 | €56,627 | €115,423 | ▲ 104% |
| Stocks and contracts in progress3 | - | - | - | €459 | - | - |
| Stocks30/36 | - | - | - | €459 | - | - |
| Amounts receivable within one year40/41 | €24,818 | €27,415 | €24,241 | €12,007 | €8,230 | ▼ 31.5% |
| Trade receivables40 | - | €17,910 | €18,541 | €2,587 | €2,920 | ▲ 12.9% |
| Other amounts receivable41 | - | €9,505 | €5,700 | €9,420 | €5,310 | ▼ 43.6% |
| Current investments50/53 | - | - | - | €44,161 | - | - |
| Cash at bank and in hand54/58 | €2,972 | €7,270 | €18,409 | - | €107,193 | - |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,790 | €34,685 | €42,650 | €56,627 | €115,423 | ▲ 104% |
| Equity10/15 | €20,134 | €32,510 | €41,718 | €56,614 | €58,452 | ▲ 3.2% |
| Contributions10/11 | €85,000 | €85,000 | €85,000 | €85,000 | €85,000 | = |
| Capital10 | - | €85,000 | €85,000 | €85,000 | €85,000 | = |
| Issued capital100 | - | €85,000 | €85,000 | €85,000 | €85,000 | = |
| Profit (loss) carried forward14 | -€64,866 | -€52,490 | -€43,282 | -€28,386 | -€26,548 | ▲ 6.5% |
| Provisions and deferred taxes16 | - | - | - | - | €9,624 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €9,624 | - |
| Other liabilities and charges164/5 | - | - | - | - | €9,624 | - |
| Amounts payable17/49 | €7,656 | €2,175 | €932 | €13 | €47,346 | ▲ 364,102% |
| Amounts payable within one year42/48 | €7,656 | €2,175 | €932 | €13 | €47,346 | ▲ 364,102% |
| Trade debts44 | €6,448 | €940 | €53 | €13 | €41,850 | ▲ 321,822% |
| Suppliers440/4 | - | €940 | €53 | €13 | €41,850 | ▲ 321,822% |
| Taxes, remuneration and social security45 | - | €1,235 | €663 | - | €332 | - |
| Taxes450/3 | - | €1,235 | €663 | - | €332 | - |
| Other amounts payable47/48 | - | - | €216 | - | €5,164 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,322 | €12,376 | €9,208 | €14,896 | €1,838 | ▼ 87.7% |
| Operating cash flow (approximation) | -€5,322 | €12,376 | €9,208 | €14,896 | €1,838 | ▼ 87.7% |
| Change in cash | - | €4,298 | €11,139 | - | - | - |
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
2026
30-03
State Gazette act
Resignation: Ferreira Alves Elimar (director)Appointment: Lopes Da Silva Eduardo (director) · Director discharge · Share transfer6 facts ▸
State Gazette act
Resignation: Ferreira Alves Elimar (director)
Appointment: Lopes Da Silva Eduardo (director) · Director discharge · Share transfer6 facts ▸
- General meeting, 16/02/2026
- Director resignation, Ferreira Alves Elimar (director)
- Director discharge, Ferreira Alves Elimar
- Director appointment, Lopes Da Silva Eduardo (director)
- Share transfer, Lopes Da Silva Eduardo
- Registered-office move, Rue du Tir 6 - 1060 Saint-Gilles
16-03
KBO administration
Address struck
event 17-10-2025
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-12
Financial
Liquidity times 95current ratio 4355.92
Current ratio from 45.76 to 4355.92; short-term debt falls from €932 to €13.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 45.76
Current ratio from 15.95 to 45.76; short-term debt falls from €2,175 to €932.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Back to profitnet €12,376
Net result €12,376 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 15.95
Current ratio from 3.63 to 15.95; short-term debt falls from €7,656 to €2,175.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet -€5,322
Net result drops to -€5,322, the lowest in the series; recovery starts the following year.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €18,788 ▲945%
Operating result €18,984, net result €18,788, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Lopes Da Silva Eduardo
CurrentDirector · since 16-02-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2008
Ground area
1,564 m²
Building footprint
245 m²
Volume, LiDAR
2,640 m³
2 parcels, Brussels, Wallonia · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
BACOFI
since 20082.295.711.668
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105C0006/00Z000 | Wallonia | 1,453 m² | 1 · 137 m² | 10.3 m · 3 fl. |
| 21443C0009/00F003 | Brussels | 111 m² | 1 · 109 m² | 18.9 m · 5 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Lopes Da Silva Eduardo |
|
| Ferreira Alves Elimar |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Capital and shareholders
Shareholders according to the acts
Share transfer
act of 30-03-2026 ↗
- to Lopes Da Silva Eduardo “toutes les parts sociales”
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 6,895 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
62100Computer programming
41001General construction of residential buildings
46349Wholesale of beverages, general range
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
49410Freight transport by road
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0896920891
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.