Summary
BCD & PARTNERS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €348,320 and a net result of €67,761. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 5593 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 d early
2024
33 d early
2023
28 d early
2022
4 d early
2021
31 d early
2020
36 d early
← 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 27 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€348,320▲ 24.2%
2024 · €280,560
Net result
€67,761▲ 50.7%
2024 · €44,974
Total assets
€769,740▼ 28.3%
2024 · €1.1m
Solvency
45.3%▲ 19.1pp
2024 · 26.1%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,653-€3,814€12,465€72,359▲ 480%€79,964▲ 10.5%
Net result€2,085below the sector's middle half▼ 86.7%-€11,750below the sector's middle half€4,591below the sector's middle half€44,974within the sector's middle half▲ 880%€67,761within the sector's middle half▲ 50.7%
Equity€242,746within the sector's middle half▲ 0.9%€230,996within the sector's middle half▼ 4.8%€235,586within the sector's middle half▲ 2.0%€280,560within the sector's middle half▲ 19.1%€348,320within the sector's middle half▲ 24.2%
Total assets€1.7mwithin the sector's middle half▲ 19.3%€1.5mwithin the sector's middle half▼ 11.5%€1.5mwithin the sector's middle half▲ 0.1%€1.1mwithin the sector's middle half▼ 27.6%€769,740within the sector's middle half▼ 28.3%
Debt€1.4m▲ 23.1%€1.3m▼ 12.6%€1.2m▼ 0.3%€792,436▼ 36.5%€421,420▼ 46.8%
Working capital-€25,093within the sector's middle half▲ 66.3%-€10,533within the sector's middle half▲ 58.0%-€154,726within the sector's middle half▼ 1,369%-€76,850within the sector's middle half▲ 50.3%-€30,142within the sector's middle half▲ 60.8%
Solvency14.5%below the sector's middle half▼ 2.7pp15.6%below the sector's middle half▲ 1.1pp15.9%below the sector's middle half▲ 0.3pp26.1%within the sector's middle half▲ 10.3pp45.3%within the sector's middle half▲ 19.1pp
Current ratio0.98within the sector's middle half▲ 0.070.99within the sector's middle half▲ 0.010.80within the sector's middle half▼ 0.190.79within the sector's middle half▼ 0.010.62within the sector's middle half▼ 0.18
Return on assets (ROA)0.1%below the sector's middle half▼ 1.0pp-0.8%below the sector's middle half▼ 0.9pp0.3%below the sector's middle half▲ 1.1pp4.2%within the sector's middle half▲ 3.9pp8.8%within the sector's middle half▲ 4.6pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €769,740
Fixed assets
€721,472 ▼ 7.8%
Current assets
€48,269 ▼ 83.4%
Equity and liabilities €769,740
Equity
€348,320 ▲ 24.2%
Debt
€421,420 ▼ 46.8%
Debt's share of the balance-sheet total falls from 73.9% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
19.5%▲
2024 · 16.0%
Debt ≤ 1 year
€78,411▼
2024 · €367,640
Debt > 1 year
€321,644▼
2024 · €370,880
Income taxes
€25,638▲
2024 · €837
Staff costs
€6,864▲
2024 · €5,083
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,730 | €8,721 | €5,083 | €6,864 | ▲ 35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €79,910 | €81,893 | €83,768 | €81,523 | €64,103 | ▼ 21.4% |
| Other operating charges640/8 | - | €5,011 | €3,779 | €3,806 | €3,947 | ▲ 3.7% |
| Gross operating margin9900 | €100,840 | €84,820 | €108,732 | €162,771 | €154,878 | ▼ 4.8% |
| Operating profit (loss)9901 | €19,653 | -€3,814 | €12,465 | €72,359 | €79,964 | ▲ 10.5% |
| Financial income75/76B | - | €37,899 | €35,816 | €34,940 | €41,427 | ▲ 18.6% |
| Recurring financial income75 | €28,142 | €37,899 | €35,816 | €34,940 | €41,427 | ▲ 18.6% |
| Financial charges65/66B | - | €45,835 | €43,690 | €61,489 | €27,992 | ▼ 54.5% |
| Recurring financial charges65 | €45,710 | €45,835 | €43,690 | €61,489 | €27,992 | ▼ 54.5% |
| Profit (loss) for the period before taxes9903 | €2,085 | -€11,750 | €4,591 | €45,811 | €93,399 | ▲ 104% |
| Income taxes67/77 | - | - | - | €837 | €25,638 | ▲ 2,963% |
| Profit (loss) for the period9904 | €2,085 | -€11,750 | €4,591 | €44,974 | €67,761 | ▲ 50.7% |
| Profit (loss) for the period to be appropriated9905 | €2,085 | -€11,750 | €4,591 | €44,974 | €67,761 | ▲ 50.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.5m | €1.5m | €1.1m | €769,740 | ▼ 28.3% |
| Fixed assets21/28 | €607,670 | €532,165 | €855,393 | €782,205 | €721,472 | ▼ 7.8% |
| Tangible fixed assets22/27 | €522,320 | €446,565 | €769,793 | €696,605 | €635,872 | ▼ 8.7% |
| Land and buildings22 | - | €379,296 | €730,890 | €677,666 | €625,344 | ▼ 7.7% |
| Plant, machinery and equipment23 | - | €67,270 | €38,903 | €18,940 | €10,527 | ▼ 44.4% |
| Financial fixed assets28 | €85,350 | €85,600 | €85,600 | €85,600 | €85,600 | = |
| Current assets29/58 | €1.1m | €949,762 | €627,399 | €290,790 | €48,269 | ▼ 83.4% |
| Amounts receivable within one year40/41 | €955,177 | €870,102 | €626,925 | €239,310 | €28,767 | ▼ 88.0% |
| Trade receivables40 | - | €30,102 | €32,925 | €310 | €28,767 | ▲ 9,190% |
| Other amounts receivable41 | - | €840,000 | €594,000 | €239,000 | - | - |
| Cash at bank and in hand54/58 | €110,859 | €41,761 | €474 | €51,480 | €19,502 | ▼ 62.1% |
| Deferred charges and accrued income490/1 | - | €37,899 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.5m | €1.5m | €1.1m | €769,740 | ▼ 28.3% |
| Equity10/15 | €242,746 | €230,996 | €235,586 | €280,560 | €348,320 | ▲ 24.2% |
| Contributions10/11 | - | €225,000 | €225,000 | €225,000 | €225,000 | = |
| Outside capital11 | - | €225,000 | - | - | - | - |
| Other1109/19 | - | €225,000 | - | - | - | - |
| Profit (loss) carried forward14 | €17,746 | €5,996 | €10,586 | €55,560 | €123,320 | ▲ 122% |
| Amounts payable17/49 | €1.4m | €1.3m | €1.2m | €792,436 | €421,420 | ▼ 46.8% |
| Amounts payable after more than one year17 | €298,288 | €243,713 | €422,675 | €370,880 | €321,644 | ▼ 13.3% |
| Financial debts170/4 | - | €243,713 | €422,675 | €370,880 | €321,644 | ▼ 13.3% |
| Amounts payable within one year42/48 | €1.1m | €960,295 | €782,125 | €367,640 | €78,411 | ▼ 78.7% |
| Current portion of amounts payable after more than one year42 | - | €57,080 | €67,914 | €51,795 | €49,236 | ▼ 4.9% |
| Trade debts44 | €6,041 | €13,214 | €4,211 | €5,076 | €3,606 | ▼ 29.0% |
| Suppliers440/4 | - | €13,214 | €4,211 | €5,076 | €3,606 | ▼ 29.0% |
| Taxes, remuneration and social security45 | - | - | - | €768 | €5,569 | ▲ 625% |
| Taxes450/3 | - | - | - | €768 | €5,569 | ▲ 625% |
| Other amounts payable47/48 | - | €890,000 | €710,000 | €310,000 | €20,000 | ▼ 93.5% |
| Accrued charges and deferred income492/3 | - | €46,924 | €42,406 | €53,916 | €21,365 | ▼ 60.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,085 | -€11,750 | €4,591 | €44,974 | €67,761 | ▲ 50.7% |
| + Depreciation and write-downs630 | €79,910 | €81,893 | €83,768 | €81,523 | €64,103 | ▼ 21.4% |
| Operating cash flow (approximation) | €81,995 | €70,143 | €88,358 | €126,497 | €131,863 | ▲ 4.2% |
| Investment in fixed assets (approximation) | - | -€6,389 | -€406,995 | -€8,336 | -€3,369 | ▲ 59.6% |
| Change in cash | - | -€69,098 | -€41,286 | €51,006 | -€31,978 | ▼ 163% |
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
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2020net €67,761 ▲50.7%
Operating result €79,964, net result €67,761, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €4,591
Net result €4,591 after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet -€11,750
Net result drops to -€11,750, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Gistel · 1 establishment unit since 2019
Ground area
887 m²
Building footprint
257 m²
Volume, LiDAR
642 m³
Parcel 35005A0691/00T002, Flanders · tallest building 12.5 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
BCD & PARTNERS
since 20192.292.245.897
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005A0691/00T002 | Flanders | 887 m² | 1 · 257 m² | 12.5 m |
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.
Structure & network
Owners and holdings
4 ownersOwners 4
-
33.33%
- Sourceaccounts BONNE 202325%
-
25%
-
10%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2023 · 1 entry · 221 EUR awarded · 221 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 221 EUR | 221 EUR |
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Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 13,778 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
Founded02-08-2019
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0731819864
Registered
06-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.