BB PARTNERS
ActiveSummary
The computed 12-month bankruptcy probability of BB PARTNERS is 2.3% (moderate). The 2024 annual accounts show equity of €132k and a net result of €13k. Equity is shrinking by ~11.6% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▲+18
Solvency58▲+8
Growth32=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.37 in 2023; short-term debt: 28.2% and cash: 1.5% of total assets), but 67.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
32.8%
Return on assets
3.3%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €132k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
293 d late
2022
659 d late
2021
1024 d late
2020
333 d late
2019
285 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▲ 156%
2023 · €5k
2018: €35khighest in 7 years
2019: €340▼ -99.0% vs 2018
2020: €2k▲ +547% vs 2019
2021: €-64k▼ -3031% vs 2020lowest in 7 years
2022: €-45k▲ +30.9% vs 2021
2023: €5k▲ +112% vs 2022
2024: €13k▲ +156% vs 2023
2018 → 2024
Working capital
€80k▲ 13.2%
2023 · €71k
2018: €205khighest in 7 years
2019: €170k▼ -17.0% vs 2018
2020: €173k▲ +1.6% vs 2019
2021: €117k▼ -32.6% vs 2020
2022: €69k▼ -40.9% vs 2021lowest in 7 years
2023: €71k▲ +2.9% vs 2022
2024: €80k▲ +13.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€222k-€158k▼ 29.0%€113k▼ 28.2%€119k▲ 4.5%€132k▲ 11.1%
2020: €222khighest in 5 years
2021: €158k▼ -29.0% vs 2020
2022: €113k▼ -28.2% vs 2021lowest in 5 years
2023: €119k▲ +4.5% vs 2022
2024: €132k▲ +11.1% vs 2023
Operating result€2k-€-53k€-34k▲ 35.3%€12k€19k▲ 60.9%
2020: €2k
2021: €-53k▼ -2404% vs 2020lowest in 5 years
2022: €-34k▲ +35.3% vs 2021
2023: €12k▲ +134% vs 2022
2024: €19k▲ +60.9% vs 2023highest in 5 years
Net result€2k-€-64k€-45k▲ 30.9%€5k€13k▲ 156%
2020: €2k
2021: €-64k▼ -3031% vs 2020lowest in 5 years
2022: €-45k▲ +30.9% vs 2021
2023: €5k▲ +112% vs 2022
2024: €13k▲ +156% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 61% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €401k
Fixed assets
€207k ▼ 5.1%
Current assets
€193k ▼ 26.6%
Equity and liabilities €401k
Equity
€132k ▲ 11.1%
Debt
€269k ▼ 25.9%
Debt's share of the balance-sheet total falls from 75.4% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2023 · €23k
Cash flow
€24k▲
2023 · €16k
Current ratio
1.71▲
2023 · 1.37
Debt to equity
2.04▼
2023 · 3.07
ROE
10.0%▲
2023 · 4.3%
ROA
3.3%▲
2023 · 1.1%
Interest coverage
5.41▲
2023 · 3.58
Debt ≤ 1 year
€113k▼
2023 · €192k
Debt > 1 year
€156k▼
2023 · €171k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€482k€401k▼
Fixed assets21/28€219k€207k▼
Tangible fixed assets22/27€219k€207k▼
Land and buildings22€217k€206k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€263k€193k▼
Amounts receivable within one year40/41€263k€187k▼
Trade receivables40€230k€129k▼
Other amounts receivable41€33k€58k▲
Cash at bank and in hand54/58€195€6k▲
Equity and liabilities
Total equity and liabilities10/49€482k€401k▼
Equity10/15€119k€132k▲
Contributions10/11€102k€100k▼
Capital10-€100k
Issued capital100-€100k
Reserves13-€2k
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€17k€30k▲
Amounts payable17/49€363k€269k▼
Amounts payable after more than one year17€171k€156k▼
Financial debts170/4€171k€156k▼
Amounts payable within one year42/48€192k€113k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€178k€98k▼
Suppliers440/4€178k€98k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Gross operating margin9900€23k€30k▲
Operating profit (loss)9901€12k€19k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Non-recurring financial charges66B€116-
Profit (loss) for the period before taxes9903€5k€13k▲
Profit (loss) for the period9904€5k€13k▲
Profit (loss) for the period to be appropriated9905€5k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€30k▲
Profit (loss) brought forward from the previous period14P€12k€17k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €11k | €11k | €11k | €11k | = |
| Gross operating margin9900 | €14k | €-42k | €-23k | €23k | €30k | ▲ 31.1% |
| Operating profit (loss)9901 | €2k | €-53k | €-34k | €12k | €19k | ▲ 60.9% |
| Financial charges65/66B | €96 | €12k | €10k | €6k | €5k | ▼ 14.6% |
| Recurring financial charges65 | €96 | €11k | €10k | €6k | €5k | ▼ 13.0% |
| Non-recurring financial charges66B | - | €587 | - | €116 | - | - |
| Profit (loss) for the period before taxes9903 | €2k | €-64k | €-45k | €5k | €13k | ▲ 156% |
| Profit (loss) for the period9904 | €2k | €-64k | €-45k | €5k | €13k | ▲ 156% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-64k | €-45k | €5k | €13k | ▲ 156% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €641k | €543k | €488k | €482k | €401k | ▼ 16.8% |
| Fixed assets21/28 | €261k | €241k | €230k | €219k | €207k | ▼ 5.1% |
| Tangible fixed assets22/27 | €252k | €241k | €230k | €219k | €207k | ▼ 5.1% |
| Land and buildings22 | €248k | €238k | €227k | €217k | €206k | ▼ 4.8% |
| Plant, machinery and equipment23 | €49 | - | - | - | - | - |
| Furniture and vehicles24 | €4k | €3k | €2k | €2k | €1k | ▼ 33.3% |
| Financial fixed assets28 | €9k | - | - | - | - | - |
| Current assets29/58 | €380k | €302k | €258k | €263k | €193k | ▼ 26.6% |
| Amounts receivable within one year40/41 | €379k | €302k | €258k | €263k | €187k | ▼ 28.8% |
| Trade receivables40 | €350k | €280k | €219k | €230k | €129k | ▼ 43.7% |
| Other amounts receivable41 | €29k | €22k | €40k | €33k | €58k | ▲ 74.5% |
| Cash at bank and in hand54/58 | €558 | €126 | €224 | €195 | €6k | ▲ 3,015% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €641k | €543k | €488k | €482k | €401k | ▼ 16.8% |
| Equity10/15 | €222k | €158k | €113k | €119k | €132k | ▲ 11.1% |
| Contributions10/11 | €100k | €102k | €102k | €102k | €100k | ▼ 1.8% |
| Capital10 | €100k | - | - | - | €100k | - |
| Issued capital100 | €100k | - | - | - | €100k | - |
| Reserves13 | €2k | - | - | - | €2k | - |
| Non-distributable reserves130/1 | €2k | - | - | - | €2k | - |
| Legal reserve130 | €2k | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €120k | €56k | €12k | €17k | €30k | ▲ 78.8% |
| Amounts payable17/49 | €419k | €385k | €375k | €363k | €269k | ▼ 25.9% |
| Amounts payable after more than one year17 | €212k | €199k | €185k | €171k | €156k | ▼ 8.7% |
| Financial debts170/4 | €212k | €199k | €185k | €171k | €156k | ▼ 8.7% |
| Amounts payable within one year42/48 | €207k | €185k | €189k | €192k | €113k | ▼ 41.3% |
| Current portion of amounts payable after more than one year42 | €8k | €13k | €14k | €14k | €15k | ▲ 4.3% |
| Trade debts44 | €187k | €173k | €175k | €178k | €98k | ▼ 44.9% |
| Suppliers440/4 | €187k | €173k | €175k | €178k | €98k | ▼ 44.9% |
| Taxes, remuneration and social security45 | €4k | - | - | - | - | - |
| Taxes450/3 | €4k | - | - | - | - | - |
| Other amounts payable47/48 | €8k | - | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-64k | €-45k | €5k | €13k | ▲ 156% |
| + Depreciation and write-downs630 | €12k | €11k | €11k | €11k | €11k | = |
| Operating cash flow (approximation) | €14k | €-53k | €-33k | €16k | €24k | ▲ 49.3% |
| Investment in fixed assets (approximation) | - | €9k | €0 | €0 | €0 | - |
| Change in cash | - | €-432 | €98 | €-29 | €6k | ▲ 20,212% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 293 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 659 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1024 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 333 days late
2021
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 285 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 407 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Elsene · 1 establishment unit since 2015
Ground area
396 m²
Building footprint
273 m²
Volume, LiDAR
6,107 m³
Parcel 21807G0111/00G000, Brussels · tallest building 36.8 m, ±7 floors. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
Louizalaan 176, 1050 Elsene
since 20152.247.971.931
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0111/00G000 | Brussels | 396 m² | 1 · 273 m² | 36.8 m · 7 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-11-2015
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.