BBK SYSTEMS
The computed 12-month bankruptcy probability of BBK SYSTEMS is 2.2% (moderate). The 2025 annual accounts show equity of €127k and a net result of €31k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 26547 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €127k |
| Net result | €31k |
| Better than sector | 38% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.9% | 47.4% | |
| Net result | €31k | €10k | |
| Equity | €127k | €60k | |
| Gross operating margin | €145k | €39k | |
| Staff costs | €4k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €63k | €43k | €110k |
| Net profit | €31k | €16k | €67k |
| Cash flow | €52k | €36k | €89k |
| Staff costs | €4k | €4k | €1k |
| Income taxes | €9k | €5k | €18k |
| Dividends | - | - | - |
| Total assets | €344k | €183k | €213k |
| Equity | €127k | €96k | €80k |
| Debt | €217k | €87k | €133k |
| of which ≤ 1y | €193k | €69k | €101k |
| of which > 1y | €24k | €18k | €32k |
| Working capital | €103k | €70k | €48k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.53 | 2.01 | 1.48 |
| Quick ratio | 1.35 | 2.01 | 1.39 |
| Working capital ratio | 29.8% | 38.2% | 22.8% |
| Solvency | 36.9% | 52.4% | 37.5% |
| Debt / equity | 1.71 | 0.91 | 1.67 |
| Long-term debt ratio | 0.19 | 0.19 | 0.40 |
| Interest coverage | 34.33 | 18.47 | 38.35 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 9.1% | 8.8% | 31.6% |
| ROE | 24.5% | 16.9% | 84.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €344k | €183k | €213k |
| Fixed assets | 21/28 | €49k | €44k | €63k |
| Tangible fixed assets | 22/27 | €49k | €44k | €63k |
| Current assets | 29/58 | €295k | €139k | €150k |
| Stocks & contracts in progress | 3 | €36k | - | €9k |
| Amounts receivable within one year | 40/41 | €153k | €122k | €74k |
| Cash & bank | 54/58 | €106k | €17k | €64k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €344k | €183k | €213k |
| Equity | 10/15 | €127k | €96k | €80k |
| Contributions / capital | 10/11 | €13k | €13k | €13k |
| Reserves | 13 | €115k | €83k | - |
| Accumulated profits (losses) | 14 | €0 | - | €67k |
| Amounts payable | 17/49 | €217k | €87k | €133k |
| Amounts payable after one year | 17 | €24k | €18k | €32k |
| Amounts payable within one year | 42/48 | €193k | €69k | €101k |
| Trade debts payable within one year | 44 | €162k | €27k | €43k |
| Income statement | ||||
| Gross operating margin | 9900 | €145k | €48k | €176k |
| Operating result | 9901 | €42k | €23k | €88k |
| Financial income | 75 | - | €13 | €237 |
| Financial charges | 65 | €2k | €2k | €3k |
| Result before taxes | 9903 | €40k | €21k | €85k |
| Income taxes | 67/77 | €9k | €5k | €18k |
| Net result for the period | 9904 | €31k | €16k | €67k |
| Result to be appropriated | 9905 | €31k | €16k | €67k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 25-08-2022 |
| Status | Active |
| Postal code | 3530 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015D0870/00Z003 | Flanders | 3,736 m² | 1 · 765 m² | 6.8 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-05-2024 Registered office moved
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": null,
"old_address": {
"raw": "Suskahof 7/2 - 3550 Heusden-Zolder",
"city": "Heusden-Zolder",
"region": "vlaams_gewest",
"street": "Suskahof",
"country": "BE",
"postcode": "3550",
"box_number": null,
"street_number": "7/2",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpe",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-13",
"filing_date": "2024-04-29",
"act_kind_objet": "WIJZIGING MAATSCHAPPELIJKE ZETEL"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-03-26",
"unanimous": true
},
"subject_company": {
"kbo": "0789.986.905",
"name_full": "BBK SYSTEMS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Baris KARABAS",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | BBK SYSTEMS |