BBFA Architecture
ActiveSummary
BBFA Architecture has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €351,143 and a net result of €93,828. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 1117 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+5
Solvency92▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.8 against 2.36 in 2023; short-term debt: 23.7% and cash: 40.3% of total assets), and 33.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
30 d early
2022
24 d early
2021
19 d late
2020
30 d late
2019
26 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 5 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€93,828▲ 48.7%
2023 · €63,108
Working capital
€224,457▲ 34.0%
2023 · €167,480
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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€37,888▲ 131%€27,400▼ 27.7%€27,112▼ 1.0%€94,305▲ 248%€139,813▲ 48.3%
Net result€27,737within the sector's middle half▲ 235%€17,412within the sector's middle half▼ 37.2%€16,025within the sector's middle half▼ 8.0%€63,108within the sector's middle half▲ 294%€93,828within the sector's middle half▲ 48.7%
Equity€188,071above the sector's middle half▲ 17.3%€205,483above the sector's middle half▲ 9.3%€221,507within the sector's middle half▲ 7.8%€269,615within the sector's middle half▲ 21.7%€351,143within the sector's middle half▲ 30.2%
Total assets€369,948above the sector's middle half▲ 15.1%€388,937above the sector's middle half▲ 5.1%€412,439within the sector's middle half▲ 6.0%€453,104within the sector's middle half▲ 9.9%€526,170within the sector's middle half▲ 16.1%
Debt€181,877▲ 13.0%€183,454▲ 0.9%€190,931▲ 4.1%€183,488▼ 3.9%€175,027▼ 4.6%
Working capital€113,934▲ 42.7%€131,387▲ 15.3%€147,288▲ 12.1%€167,480▲ 13.7%€224,457▲ 34.0%
Solvency50.8%within the sector's middle half▲ 0.9pp52.8%within the sector's middle half▲ 2.0pp53.7%within the sector's middle half▲ 0.9pp59.5%within the sector's middle half▲ 5.8pp66.7%within the sector's middle half▲ 7.2pp
Staff (FTE)11below the sector's middle half=2within the sector's middle half▲ 100%2within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 48% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €526,170
Fixed assets
€176,828 ▲ 9.0%
Current assets
€349,342 ▲ 20.1%
Equity and liabilities €526,170
Equity
€351,143 ▲ 30.2%
Debt
€175,027 ▼ 4.6%
Debt's share of the balance-sheet total falls from 40.5% to 33.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150,370▲
2023 · €101,830
Cash flow
€104,385▲
2023 · €70,633
Current ratio
2.80▲
2023 · 2.36
Debt to equity
0.50▼
2023 · 0.68
ROE
26.7%▲
2023 · 23.4%
ROA
17.8%▲
2023 · 13.9%
Interest coverage
56.01▲
2023 · 37.57
Debt ≤ 1 year
€124,886▲
2023 · €123,376
Debt > 1 year
€50,141▼
2023 · €60,113
Income taxes
€44,280▲
2023 · €29,021
Staff costs
€57,701▲
2023 · €38,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 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 of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 74% 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 34,672 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €12,100 | €21,375 | €38,158 | €57,701 | ▲ 51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,450 | €10,887 | €10,885 | €7,525 | €10,557 | ▲ 40.3% |
| Other operating charges640/8 | - | €1,474 | €1,793 | €1,995 | €2,001 | ▲ 0.3% |
| Non-recurring operating charges66A | - | €978 | - | - | - | - |
| Gross operating margin9900 | €53,607 | €52,839 | €61,165 | €141,983 | €210,072 | ▲ 48.0% |
| Operating profit (loss)9901 | €37,888 | €27,400 | €27,112 | €94,305 | €139,813 | ▲ 48.3% |
| Financial income75/76B | - | €9 | €182 | €534 | €980 | ▲ 83.5% |
| Recurring financial income75 | €2,511 | €9 | €182 | €534 | €980 | ▲ 83.5% |
| Financial charges65/66B | - | €3,472 | €3,120 | €2,710 | €2,685 | ▼ 0.9% |
| Recurring financial charges65 | €3,257 | €3,472 | €3,120 | €2,710 | €2,685 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €37,142 | €23,937 | €24,175 | €92,129 | €138,108 | ▲ 49.9% |
| Income taxes67/77 | €9,406 | €6,525 | €8,150 | €29,021 | €44,280 | ▲ 52.6% |
| Profit (loss) for the period9904 | €27,737 | €17,412 | €16,025 | €63,108 | €93,828 | ▲ 48.7% |
| Profit (loss) for the period to be appropriated9905 | €27,737 | €17,412 | €16,025 | €63,108 | €93,828 | ▲ 48.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €369,948 | €388,937 | €412,439 | €453,104 | €526,170 | ▲ 16.1% |
| Fixed assets21/28 | €167,336 | €156,449 | €145,564 | €162,248 | €176,828 | ▲ 9.0% |
| Tangible fixed assets22/27 | €167,336 | €156,449 | €145,564 | €162,248 | €176,828 | ▲ 9.0% |
| Land and buildings22 | - | €152,823 | €145,564 | €156,704 | €165,528 | ▲ 5.6% |
| Plant, machinery and equipment23 | - | - | - | - | €4,168 | - |
| Furniture and vehicles24 | - | €3,626 | - | €5,545 | €7,132 | ▲ 28.6% |
| Current assets29/58 | €202,612 | €232,488 | €266,875 | €290,856 | €349,342 | ▲ 20.1% |
| Amounts receivable within one year40/41 | €112,591 | €113,451 | €44,641 | €100,692 | €119,209 | ▲ 18.4% |
| Trade receivables40 | - | €96,872 | €37,636 | €100,597 | €83,847 | ▼ 16.7% |
| Other amounts receivable41 | - | €16,579 | €7,004 | €95 | €35,362 | ▲ 37,127% |
| Cash at bank and in hand54/58 | €79,658 | €110,724 | €205,584 | €181,445 | €212,088 | ▲ 16.9% |
| Deferred charges and accrued income490/1 | - | €8,313 | €16,650 | €8,718 | €18,046 | ▲ 107% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €369,948 | €388,937 | €412,439 | €453,104 | €526,170 | ▲ 16.1% |
| Equity10/15 | €188,071 | €205,483 | €221,507 | €269,615 | €351,143 | ▲ 30.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €8,060 | €8,060 | = |
| Reserves13 | €48,810 | €48,810 | €215,307 | €261,555 | €343,083 | ▲ 31.2% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €28,750 | €28,750 | €28,750 | €28,750 | = |
| Distributable reserves133 | - | €18,200 | €184,697 | €232,805 | €314,333 | ▲ 35.0% |
| Profit (loss) carried forward14 | €133,061 | €150,473 | - | - | - | - |
| Amounts payable17/49 | €181,877 | €183,454 | €190,931 | €183,488 | €175,027 | ▼ 4.6% |
| Amounts payable after more than one year17 | €93,199 | €82,353 | €71,232 | €60,113 | €50,141 | ▼ 16.6% |
| Financial debts170/4 | - | €82,353 | €71,232 | €60,113 | €50,141 | ▼ 16.6% |
| Amounts payable within one year42/48 | €88,677 | €101,101 | €119,586 | €123,376 | €124,886 | ▲ 1.2% |
| Current portion of amounts payable after more than one year42 | - | €10,846 | €11,121 | €11,119 | €9,971 | ▼ 10.3% |
| Trade debts44 | €66,483 | €79,764 | €85,946 | €72,968 | €78,941 | ▲ 8.2% |
| Suppliers440/4 | - | €79,764 | €85,946 | €72,968 | €78,941 | ▲ 8.2% |
| Taxes, remuneration and social security45 | - | €10,477 | €22,506 | €24,776 | €23,570 | ▼ 4.9% |
| Taxes450/3 | - | €6,755 | €17,569 | €16,165 | €10,410 | ▼ 35.6% |
| Remuneration and social security454/9 | - | €3,722 | €4,937 | €8,611 | €13,160 | ▲ 52.8% |
| Other amounts payable47/48 | - | €14 | €14 | €14,514 | €12,404 | ▼ 14.5% |
| Accrued charges and deferred income492/3 | - | - | €113 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,737 | €17,412 | €16,025 | €63,108 | €93,828 | ▲ 48.7% |
| + Depreciation and write-downs630 | €12,450 | €10,887 | €10,885 | €7,525 | €10,557 | ▲ 40.3% |
| Operating cash flow (approximation) | €40,187 | €28,298 | €26,910 | €70,633 | €104,385 | ▲ 47.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€24,209 | -€25,137 | ▼ 3.8% |
| Change in cash | - | €31,066 | €94,861 | -€24,139 | €30,643 | ▲ 227% |
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
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €93,828 ▲48.7%
Operating result €139,813, net result €93,828, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Equity above €200,000Eq €205,483 ▲9.3%
4 profitable years in a row build equity to €205,483.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €8,274 ▼56.8%
Net result drops to €8,274, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Malmedy · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Arimont-Chemin de la Cense 304960 Malmedy1 establishment unit
Bastin/Becker, Architectes
since 20072.229.987.042
Similar companies · same sector, comparable size
SOL-ID
BE 0821.588.812
Gent · Eq €351,282
KAROLIEN GROSEMANS ARCHITECTEN
BE 0807.673.765
Sint-Truiden · Eq €350,912
Architenko - urban design and architecture
BE 0714.918.209
Hasselt · Eq €351,590
BEPA CONSTRUCT
BE 0478.127.549
Pelt · Eq €351,869
Project in Translation
BE 0441.184.011
Boortmeerbeek · Eq €351,892
Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 4,507 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
Founded17-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894994155
Also
9925:BE0894994155
Registered
21-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.