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BB GN

Active
Private limited companyfounded 2020active for 6 yearsElsdreef 44, 8790 Waregem, BelgiumKBO/BCE: BE 0754.594.969
Summary

BB GN has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,455 and a net result of €17,043. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 15,714 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423120.

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
≈ €220,000
Estimated: probably between €170,000 and €330,000
Total assets
€466,546▼ 25.8%
2024 · €628,441
Net result
€17,043▼ 58.4%
2024 · €40,929
Working capital
-€102,354
2024 · €201,197
Trend over the years

2021 to 2025, 5 financial years

The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€32,576 2025 Net result€17,043 2025

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

Sector: the middle half of NACE 69, Legal and accounting activities: 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
Line20212022202320242025
Operating result€184,901-€157,057▼ 15.1%€171,584▲ 9.2%€79,237▼ 53.8%€32,576▼ 58.9%
Net result€125,413above the sector's middle half-€107,946above the sector's middle half▼ 13.9%€142,901above the sector's middle half▲ 32.4%€40,929within the sector's middle half▼ 71.4%€17,043within the sector's middle half▼ 58.4%
Equity€130,413within the sector's middle half-€141,484within the sector's middle half▲ 8.5%€284,385above the sector's middle half▲ 101%€325,314above the sector's middle half▲ 14.4%€47,455within the sector's middle half▼ 85.4%
Total assets€191,499within the sector's middle half-€445,782within the sector's middle half▲ 133%€526,721above the sector's middle half▲ 18.2%€628,441above the sector's middle half▲ 19.3%€466,546within the sector's middle half▼ 25.8%
Debt€61,086-€304,299▲ 398%€242,336▼ 20.4%€303,127▲ 25.1%€419,090▲ 38.3%
Working capital€120,525within the sector's middle half-€149,851within the sector's middle half▲ 24.3%€178,195above the sector's middle half▲ 18.9%€201,197above the sector's middle half▲ 12.9%-€102,354below the sector's middle half
Solvency68.1%within the sector's middle half-31.7%within the sector's middle half▼ 36.4pp54.0%within the sector's middle half▲ 22.3pp51.8%within the sector's middle half▼ 2.2pp10.2%below the sector's middle half▼ 41.6pp
Current ratio2.97within the sector's middle half-2.38within the sector's middle half▼ 0.593.63within the sector's middle half▲ 1.252.96within the sector's middle half▼ 0.670.61below the sector's middle half▼ 2.35
Return on assets (ROA)65.5%above the sector's middle half-24.2%within the sector's middle half▼ 41.3pp27.1%within the sector's middle half▲ 2.9pp6.5%within the sector's middle half▼ 20.6pp3.7%below the sector's middle half▼ 2.9pp
Staff (FTE)0.90.9=1▲ 11.1%1.1▲ 10.0%
above within below the middle half of NACE 69, Legal and accounting activities: 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 €466,546
Fixed assets €308,320 ▼ 5.0%
Current assets €158,226 ▼ 47.9%
Equity and liabilities €466,546
Equity €47,455 ▼ 85.4%
Debt €419,090 ▲ 38.3%
Debt's share of the balance-sheet total rises from 48.2% to 89.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61,622▼
2024 · €144,377
Cash flow
€46,089▼
2024 · €106,068
Debt to equity
8.83▲
2024 · 0.93
ROE
35.9%▲
2024 · 12.6%
Interest coverage
9.91▼
2024 · 25.02
Debt ≤ 1 year
€260,579▲
2024 · €102,583
Debt > 1 year
€156,998▼
2024 · €200,487
Income taxes
€9,315▼
2024 · €33,009
Staff costs
€63,020▲
2024 · €15,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.7% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,274 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€628,441€466,546▼
Fixed assets21/28€324,660€308,320▼
Tangible fixed assets22/27€324,660€308,320▼
Land and buildings22€283,243€277,265▼
Plant, machinery and equipment23€16,196€11,594▼
Furniture and vehicles24€25,221€19,460▼
Current assets29/58€303,780€158,226▼
Amounts receivable within one year40/41€230,689€15,909▼
Trade receivables40€105,000-
Other amounts receivable41€125,689€15,909▼
Cash at bank and in hand54/58€73,092€142,317▲
Equity and liabilities
Total equity and liabilities10/49€628,441€466,546▼
Equity10/15€325,314€47,455▼
Contributions10/11€5,000€5,000=
Reserves13€136,484€25,413▼
Distributable reserves133€136,484€25,413▼
Profit (loss) carried forward14€183,830€17,043▼
Amounts payable17/49€303,127€419,090▲
Amounts payable after more than one year17€200,487€156,998▼
Financial debts170/4€200,487€156,998▼
Amounts payable within one year42/48€102,583€260,579▲
Current portion of amounts payable after more than one year42€42,177€43,488▲
Trade debts44€5,583€2,189▼
Suppliers440/4€5,583€2,189▼
Taxes, remuneration and social security45€41,877€79,768▲
Taxes450/3€41,877€71,761▲
Remuneration and social security454/9-€8,007
Other amounts payable47/48€12,946€135,135▲
Accrued charges and deferred income492/3€57€1,513▲
Income statement Code20242025
Remuneration, social security and pensions62€15,711€63,020▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,139€29,046▼
Other operating charges640/8€15,833€781▼
Gross operating margin9900€175,921€125,424▼
Operating profit (loss)9901€79,237€32,576▼
Financial income75/76B€470€0▼
Recurring financial income75€470€0▼
Financial charges65/66B€5,770€6,219▲
Recurring financial charges65€5,770€6,219▲
Profit (loss) for the period before taxes9903€73,938€26,358▼
Income taxes67/77€33,009€9,315▼
Profit (loss) for the period9904€40,929€17,043▼
Profit (loss) for the period to be appropriated9905€40,929€17,043▼
Appropriation of the result
Profit (loss) to be appropriated9906€183,830€200,873▲
Profit (loss) brought forward from the previous period14P€142,901€183,830▲
Transfer from equity791/2-€111,071
Profit to be distributed694/7-€294,901
Return on contributions (dividend)694-€294,901

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€67,638---
Remuneration, social security and pensions62-€11,477€16,449€15,711€63,020▲ 301%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,219€10,029€4,917€65,139€29,046▼ 55.4%
Other operating charges640/8€325€837€236€15,833€781▼ 95.1%
Gross operating margin9900€187,444€179,399€193,186€175,921€125,424▼ 28.7%
Operating profit (loss)9901€184,901€157,057€171,584€79,237€32,576▼ 58.9%
Financial income75/76B€26€104-€470€0▼ 100.0%
Recurring financial income75€26€104-€470€0▼ 100.0%
Financial charges65/66B€26€3,406€4,828€5,770€6,219▲ 7.8%
Recurring financial charges65€26€3,406€4,828€5,770€6,219▲ 7.8%
Profit (loss) for the period before taxes9903€184,900€153,755€166,756€73,938€26,358▼ 64.4%
Income taxes67/77€59,488€45,809€23,855€33,009€9,315▼ 71.8%
Profit (loss) for the period9904€125,413€107,946€142,901€40,929€17,043▼ 58.4%
Profit (loss) for the period to be appropriated9905€125,413€107,946€142,901€40,929€17,043▼ 58.4%
Line20212022202320242025Change
Assets
Total assets20/58€191,499€445,782€526,721€628,441€466,546▼ 25.8%
Fixed assets21/28€9,888€187,236€280,677€324,660€308,320▼ 5.0%
Tangible fixed assets22/27€9,888€187,236€280,677€324,660€308,320▼ 5.0%
Land and buildings22-€176,721€252,009€283,243€277,265▼ 2.1%
Plant, machinery and equipment23-€2,792€20,859€16,196€11,594▼ 28.4%
Furniture and vehicles24€7,733€7,723€7,809€25,221€19,460▼ 22.8%
Other tangible fixed assets26€2,155-----
Current assets29/58€181,611€258,546€246,044€303,780€158,226▼ 47.9%
Amounts receivable within one year40/41€2,978€67,772€159,490€230,689€15,909▼ 93.1%
Trade receivables40-€67,772€44,065€105,000--
Other amounts receivable41€2,978-€115,425€125,689€15,909▼ 87.3%
Cash at bank and in hand54/58€177,428€190,774€86,554€73,092€142,317▲ 94.7%
Deferred charges and accrued income490/1€1,205-----
Equity and liabilities
Total equity and liabilities10/49€191,499€445,782€526,721€628,441€466,546▼ 25.8%
Equity10/15€130,413€141,484€284,385€325,314€47,455▼ 85.4%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Reserves13€125,413€136,484€136,484€136,484€25,413▼ 81.4%
Distributable reserves133€125,413€136,484€136,484€136,484€25,413▼ 81.4%
Profit (loss) carried forward14--€142,901€183,830€17,043▼ 90.7%
Amounts payable17/49€61,086€304,299€242,336€303,127€419,090▲ 38.3%
Amounts payable after more than one year17-€195,604€174,384€200,487€156,998▼ 21.7%
Financial debts170/4-€195,604€174,384€200,487€156,998▼ 21.7%
Amounts payable within one year42/48€61,086€108,694€67,848€102,583€260,579▲ 154%
Current portion of amounts payable after more than one year42-€20,830€21,220€42,177€43,488▲ 3.1%
Trade debts44€799-€193€5,583€2,189▼ 60.8%
Suppliers440/4€799-€193€5,583€2,189▼ 60.8%
Taxes, remuneration and social security45€55,910€80,691€46,435€41,877€79,768▲ 90.5%
Taxes450/3€55,910€78,928€45,525€41,877€71,761▲ 71.4%
Remuneration and social security454/9-€1,763€910-€8,007-
Other amounts payable47/48€4,376€7,173-€12,946€135,135▲ 944%
Accrued charges and deferred income492/3--€103€57€1,513▲ 26×
Line20212022202320242025Change
Profit (loss) for the period9904€125,413€107,946€142,901€40,929€17,043▼ 58.4%
+ Depreciation and write-downs630€2,219€10,029€4,917€65,139€29,046▼ 55.4%
Operating cash flow (approximation)€127,632€117,974€147,818€106,068€46,089▼ 56.5%
Investment in fixed assets (approximation)--€187,377-€98,358-€109,123-€12,706▲ 88.4%
Change in cash-€13,347-€104,220-€13,462€69,225-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 25-08-2026 2026-00423120
31-12-2024 micro format 17-07-2025 2025-00286309
31-12-2023 micro format 29-10-2024 2024-00518799
31-12-2022 micro format 25-08-2023 2023-00354521
31-12-2021 micro format 23-09-2022 2022-20440634

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €5,268 awarded · €5,268 paid
Year Entries AwardedPaid
2023 1 €3,063€3,063
2022 1 €2,205€2,205
Schemes
2 entries · €5,268 · €5,268 paid · Departement Werk en Sociale Economie

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