Summary
BAGEERA SERVICES 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 €154,873 and a net result of €24,550. Equity is growing by about 8.6% per year across the filed financial years. Its solvency ranks better than 83% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
In the rankings
#3 oldest company in Holsbeek, Finance and insurance sector
Equity
€154,873▲ 18.8%
2024 · €130,322
Net result
€24,550▲ 39.5%
2024 · €17,600
Total assets
€182,492▲ 6.2%
2024 · €171,820
Solvency
84.9%▲ 9.0pp
2024 · 75.8%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 21% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€37,366
2025
Net result€24,550
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€182,492
2025
Equity€154,873
2025
Debt€27,620
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€43,875
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)13.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency84.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.59
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€10,808-€63,234▲ 485%€50,871▼ 19.6%€40,932▼ 19.5%€41,608▲ 1.7%€30,972▼ 25.6%€37,366▲ 20.6%
Net result€8,498-€50,057within the sector's middle half▲ 489%€38,107within the sector's middle half▼ 23.9%€30,221within the sector's middle half▼ 20.7%€32,983within the sector's middle half▲ 9.1%€17,600within the sector's middle half▼ 46.6%€24,550within the sector's middle half▲ 39.5%
Equity€66,257-€98,813within the sector's middle half▲ 49.1%€119,420within the sector's middle half▲ 20.9%€129,642within the sector's middle half▲ 8.6%€134,020within the sector's middle half▲ 3.4%€130,322within the sector's middle half▼ 2.8%€154,873within the sector's middle half▲ 18.8%
Total assets€101,406-€137,537within the sector's middle half▲ 35.6%€160,880within the sector's middle half▲ 17.0%€181,063within the sector's middle half▲ 12.5%€175,572within the sector's middle half▼ 3.0%€171,820within the sector's middle half▼ 2.1%€182,492within the sector's middle half▲ 6.2%
Debt€35,149-€38,723▲ 10.2%€41,460▲ 7.1%€51,421▲ 24.0%€41,553▼ 19.2%€41,498▼ 0.1%€27,620▼ 33.4%
Working capital-€10,281-€4,775within the sector's middle half€5,913within the sector's middle half▲ 23.8%€20,452within the sector's middle half▲ 246%€9,322within the sector's middle half▼ 54.4%€12,845within the sector's middle half▲ 37.8%€43,875within the sector's middle half▲ 242%
Solvency65.3%-71.8%within the sector's middle half▲ 6.5pp74.2%within the sector's middle half▲ 2.4pp71.6%within the sector's middle half▼ 2.6pp76.3%within the sector's middle half▲ 4.7pp75.8%within the sector's middle half▼ 0.5pp84.9%above the sector's middle half▲ 9.0pp
Current ratio0.71-1.12within the sector's middle half▲ 0.421.14within the sector's middle half▲ 0.021.40within the sector's middle half▲ 0.261.22within the sector's middle half▼ 0.171.31within the sector's middle half▲ 0.092.59within the sector's middle half▲ 1.28
Return on assets (ROA)8.4%-36.4%above the sector's middle half▲ 28.0pp23.7%above the sector's middle half▼ 12.7pp16.7%within the sector's middle half▼ 7.0pp18.8%within the sector's middle half▲ 2.1pp10.2%within the sector's middle half▼ 8.5pp13.5%within the sector's middle half▲ 3.2pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182,492
Fixed assets
€110,998 ▼ 5.5%
Current assets
€71,495 ▲ 31.6%
Equity and liabilities €182,492
Equity
€154,873 ▲ 18.8%
Debt
€27,620 ▼ 33.4%
Debt's share of the balance-sheet total falls from 24.2% to 15.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
15.9%▲
2024 · 13.5%
Debt ≤ 1 year
€27,620▼
2024 · €41,498
Income taxes
€16,133▼
2024 · €17,014
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,689 | €5,680 | €5,701 | €5,847 | ▲ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,648 | €2,490 | €3,756 | €6,930 | €8,040 | €7,221 | €6,479 | ▼ 10.3% |
| Other operating charges640/8 | - | - | - | €1,482 | €1,289 | €1,084 | €635 | ▼ 41.5% |
| Gross operating margin9900 | €13,799 | €67,349 | €55,762 | €49,344 | €50,937 | €39,277 | €44,480 | ▲ 13.2% |
| Operating profit (loss)9901 | €10,808 | €63,234 | €50,871 | €40,932 | €41,608 | €30,972 | €37,366 | ▲ 20.6% |
| Financial income75/76B | - | - | - | €3,520 | €3,870 | €4,220 | €4,221 | = |
| Recurring financial income75 | €2,924 | €3,541 | €3,520 | €3,520 | €3,870 | €4,220 | €4,221 | = |
| Financial charges65/66B | - | - | - | €1,005 | €619 | €579 | €904 | ▲ 56.2% |
| Recurring financial charges65 | €90 | €198 | €574 | €1,005 | €619 | €579 | €904 | ▲ 56.2% |
| Profit (loss) for the period before taxes9903 | €13,642 | €66,577 | €53,818 | €43,448 | €44,859 | €34,614 | €40,684 | ▲ 17.5% |
| Income taxes67/77 | €5,144 | €16,520 | €15,711 | €13,226 | €11,876 | €17,014 | €16,133 | ▼ 5.2% |
| Profit (loss) for the period9904 | €8,498 | €50,057 | €38,107 | €30,221 | €32,983 | €17,600 | €24,550 | ▲ 39.5% |
| Profit (loss) for the period to be appropriated9905 | €8,498 | €50,057 | €38,107 | €30,221 | €32,983 | €17,600 | €24,550 | ▲ 39.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €101,406 | €137,537 | €160,880 | €181,063 | €175,572 | €171,820 | €182,492 | ▲ 6.2% |
| Fixed assets21/28 | €76,538 | €94,038 | €113,507 | €109,190 | €124,698 | €117,477 | €110,998 | ▼ 5.5% |
| Tangible fixed assets22/27 | €5,410 | €6,038 | €25,507 | €21,190 | €19,198 | €11,977 | €5,498 | ▼ 54.1% |
| Plant, machinery and equipment23 | - | - | - | €6,496 | €8,550 | €4,783 | €1,758 | ▼ 63.3% |
| Furniture and vehicles24 | - | - | - | €12,516 | €8,905 | €5,887 | €2,869 | ▼ 51.3% |
| Other tangible fixed assets26 | - | - | - | €2,178 | €1,743 | €1,307 | €871 | ▼ 33.3% |
| Financial fixed assets28 | €71,128 | €88,000 | €88,000 | €88,000 | €105,500 | €105,500 | €105,500 | = |
| Current assets29/58 | €24,868 | €43,498 | €47,373 | €71,873 | €50,875 | €54,343 | €71,495 | ▲ 31.6% |
| Amounts receivable within one year40/41 | €23,938 | €20,096 | €38,675 | €66,183 | €40,358 | €31,154 | €45,127 | ▲ 44.9% |
| Trade receivables40 | - | - | - | €27,999 | €14,006 | €15,000 | €15,670 | ▲ 4.5% |
| Other amounts receivable41 | - | - | - | €38,183 | €26,352 | €16,153 | €29,457 | ▲ 82.4% |
| Cash at bank and in hand54/58 | - | €21,853 | €6,528 | - | €957 | €9,409 | €8,368 | ▼ 11.1% |
| Deferred charges and accrued income490/1 | - | - | - | €5,690 | €9,560 | €13,780 | €18,000 | ▲ 30.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €101,406 | €137,537 | €160,880 | €181,063 | €175,572 | €171,820 | €182,492 | ▲ 6.2% |
| Equity10/15 | €66,257 | €98,813 | €119,420 | €129,642 | €134,020 | €130,322 | €154,873 | ▲ 18.8% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €60,057 | €92,613 | €113,220 | €123,442 | €127,820 | €124,122 | €148,673 | ▲ 19.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €121,582 | €125,960 | €122,262 | €146,813 | ▲ 20.1% |
| Amounts payable17/49 | €35,149 | €38,723 | €41,460 | €51,421 | €41,553 | €41,498 | €27,620 | ▼ 33.4% |
| Amounts payable within one year42/48 | €35,149 | €38,723 | €41,460 | €51,421 | €41,553 | €41,498 | €27,620 | ▼ 33.4% |
| Financial debts43 | - | - | - | €7,533 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €7,533 | - | - | - | - |
| Trade debts44 | €2,584 | €1,515 | €6,607 | €4,335 | €5,303 | €8,894 | €4,673 | ▼ 47.5% |
| Suppliers440/4 | - | - | - | €4,335 | €5,303 | €8,894 | €4,673 | ▼ 47.5% |
| Taxes, remuneration and social security45 | - | - | - | €19,553 | €18,249 | €22,603 | €22,947 | ▲ 1.5% |
| Taxes450/3 | - | - | - | €19,553 | €18,249 | €22,603 | €22,947 | ▲ 1.5% |
| Other amounts payable47/48 | - | - | - | €20,000 | €18,000 | €10,000 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,498 | €50,057 | €38,107 | €30,221 | €32,983 | €17,600 | €24,550 | ▲ 39.5% |
| + Depreciation and write-downs630 | €1,648 | €2,490 | €3,756 | €6,930 | €8,040 | €7,221 | €6,479 | ▼ 10.3% |
| Operating cash flow (approximation) | €10,146 | €52,547 | €41,863 | €37,151 | €41,023 | €24,821 | €31,030 | ▲ 25.0% |
| Investment in fixed assets (approximation) | - | -€19,990 | -€23,224 | -€2,613 | -€23,548 | €0 | €0 | - |
| Change in cash | - | - | -€15,324 | - | - | €8,452 | -€1,041 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00019087 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00021684 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00027695 |
| 30-06-2022 | micro format | 09-02-2023 | 2023-00025798 |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03400538 |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03100378 |
| 30-06-2019 | micro format | 15-01-2020 | 2020-01300587 |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03300347 |
| 30-06-2017 | micro format | 31-01-2018 | 2018-03700332 |
| 30-06-2016 | abbreviated format | 12-01-2017 | 2017-01200258 |
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Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,124. 13,522 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.