Result
-€292,404 -€292,404
From profit to loss in 2025, after a profit of €102,323 in 2024.
BC1
Lifetime
5 annual accounts with figures on one time axispeak -€1,074 (2023)
-€2,648▼ €322
lowest -€292,404 (2025)
-€292,404▼ €394,727
peak €1.5m (2024)
€1.2m▼ 19.0%
€38,417▼ 57.6%
Board2 names since 2020
Owners2 names in the annual accounts
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€2,327 to -€2,648Loss of €292,404Equity from €1.5m to €1.2mDebts from €90,607 to €38,417Cash from €5,582 to €47,322
Key points
from the 2025 annual accountsLiquidity
33.50 was 17.97 in 2024
Short-term debts fell from €90,607 to €38,327.
Filings
5 annual accounts 5 late
The 2024 accounts came latest: 144 days after the end of the period.
Turnover not published (micro format)
Checked score
80
Excellent
Financially stronger than 38% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.3 percentage points vs 09-2025
11-2025: 0.9%▲ +0.1 percentage points vs 10-2025
12-2025: 1.0%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%▼ -0.1 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.8%▼ -0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -0.6 percentage points vs 08-2026
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €292,404 (financial year 2025)
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €1.3m
No main activity registered
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 50% on liquidity, 4% on profitability and 18% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 224 companies had the same profile as BC1 has now. Each dot is one company, two years later.
88.4%
were still trading
7.1%
stopped another way
4.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BC1 itself is lower: 0.6% within 12 months. It rests on far more data about BC1 than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 224 companies, not a prediction for BC1. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 33.5 (17.97 in 2024), above the usual 1.5. Short-term debt is 3% and cash 3.7% of total assets. 3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
31 days late
2024
144 days late
2023
30 days late
2022
14 days late
2021
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 5 accounts on average 50 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0756794295
Registered office moved within Kortrijk
New registered office: Engelse Wandeling 2K13V, 8500 Kortrijk · Previous registered office: President Kennedypark 29B, 8500 Kortrijk · Permanent representative: Piet Devolder · Board meeting of 21-12-2021 · Gazette deed
Incorporation
Founder: GLOBAL REAL ESTATE INVESTMENT COMPANY · 100,000 shares · published on 22-10-2020 · Gazette deed
First establishment
Engelse Wandeling 2K13V, Kortrijk
Official details
Source: KBO- Status
- Active since 20-10-2020Normal situation
- Registered office
- 135 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- “Overgaan tot het aankopen,onderschrijven,beheren,verkopen,omruilen voor eigen rekening van aandelen en/of effecten allerlei van vennootschappen…” (deed in Dutch)From the articles, 9 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.309.869.4138500 Kortrijk, since 20-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Insights on BC1
BC1 files the micro format. That format states no turnover. The gross margin fell from -€1,652 in 2021 to -€2,648 in 2025.
CAVAHOLD holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BC1
- What is the company number of BC1?
- The company number of BC1 is 0756.794.295. The VAT number is the same number with BE in front: BE 0756.794.295.
- Where is BC1 based?
- The registered office is at Engelse Wandeling 2K13V, 8500 Kortrijk.Company details
- What is the legal form of BC1?
- BC1 is a private limited company (BV).
- When was BC1 founded?
- BC1 was founded on 20-10-2020.
- Is BC1 still active?
- Yes, BC1 is an active enterprise in the KBO register.
- What is the turnover of BC1?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is BC1 profitable?
- In financial year 2025, BC1 made a loss of €292,404.
- Where can I find the annual accounts of BC1?
- BC1 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BC1 due?
- BC1 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.CAVAHOLD · 27 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.