BCF
ActiveSummary
BCF has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554,161 and a net result of -€71,037. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 95% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-11-2011 Normal situation
- Activity
- Agents in the wholesale of timber and building materials NACE 46130and 1 other
- Joint committee
- 125.03 Paritair Subcomité voor de houthandel · annual accounts 2025
- Establishment units
- 2.204.757.342 3020 Herent, since 22-11-2011
- 2.358.789.283 3210 Lubbeek, since 01-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- -€17,094
- Loss
- €71,037
- ▲ 42.4%
- Equity
- €554,161
- ▼ 11.4%
- Total assets
- €571,963
- ▼ 14.3%
- Staff
- 0.3 FTE
- ▼ 81.3%
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLoss of €71,037, the second in a row (financial year 2025)lowers riskEquity €554,161 (96.9% of total assets)Liquidity: current ratio 28.53, cash €144,426Figures for financial year 2025 (filed on 04-03-2026)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency
100=
equity 96.9% of total assets
Liquidity
82+12
short-term debt 3.1% · cash 25.3%
Profitability
3-16
return on assets -12.4%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 28.53 (12.57 in 2024), above the usual 1.5. Short-term debt is 3.1% and cash 25.3% of total assets. 3.1% of the assets are financed with debt and provisions.
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 (NACE 46, micro). It does better than 90% of them on solvency, 83% on liquidity, 13% on profitability and 25% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€71,037
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-03-2026, 151 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
151 days early
2024
7 days early
2023
57 days early
2022
35 days early
2021
13 days early
2020
31 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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 26 June (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
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 02-03-2026 PDF all 14 filings
Equity
€554,161▼ 11.4%
2024 · €625,198
Total assets
€571,963▼ 14.3%
2024 · €667,518
Net result
-€71,037▼ 42.4%
2024 · -€49,900
Working capital
€490,107▲ 0.1%
2024 · €489,716
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€75,568
▼ 70.2%
2025
20182025
Net result
-€71,037
▼ 42.4%
2025
lowest quarter of the sector
20182025
Equity
€554,161
▼ 11.4%
2025
highest quarter of the sector
20182025
Total assets
€571,963
▼ 14.3%
2025
highest quarter of the sector
20182025
Debt
€17,802
▼ 57.9%
2025
20182025
Working capital
€490,107
▲ 0.1%
2025
highest quarter of the sector
20182025
Solvency
96.9%
▲ 3.2pp
2025
highest quarter of the sector
20182025
Current ratio
28.53
▲ 15.96
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-12.4%
▼ 4.9pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
0.3
▼ 81.3%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.01m-€0.02m▲ 69.1%€0.5m▲ 21×€0.4m▼ 4.0%€0.04m▼ 90.1%-€0.01m-€0.04m▼ 296%-€0.08m▼ 70.2%
Net result€0.009m-€0.02m▲ 124%€0.3mabove the sector's middle half▲ 15×€0.3mabove the sector's middle half▼ 3.6%€0.03mwithin the sector's middle half▼ 91.3%-€0.02mbelow the sector's middle half-€0.05mbelow the sector's middle half▼ 182%-€0.07mbelow the sector's middle half▼ 42.4%
Equity€0.03m-€0.05m▲ 74.5%€0.4mwithin the sector's middle half▲ 636%€0.7mwithin the sector's middle half▲ 83.3%€0.7mwithin the sector's middle half▲ 4.0%€0.7mwithin the sector's middle half▼ 2.6%€0.6mabove the sector's middle half▼ 7.4%€0.6mabove the sector's middle half▼ 11.4%
Total assets€0.09m-€1.2m▲ 12×€0.7mwithin the sector's middle half▼ 40.3%€1.3mwithin the sector's middle half▲ 89.7%€0.9mwithin the sector's middle half▼ 29.9%€0.9mwithin the sector's middle half▼ 7.0%€0.7mabove the sector's middle half▼ 22.1%€0.6mabove the sector's middle half▼ 14.3%
Debt€0.07m-€1.1m▲ 17×€0.3m▼ 70.4%€0.6m▲ 96.8%€0.2m▼ 64.7%€0.2m▼ 20.4%€0.04m▼ 76.8%€0.02m▼ 57.9%
Working capital€0.03m-€0.01m▼ 53.1%€0.3mwithin the sector's middle half▲ 20×€0.5mwithin the sector's middle half▲ 84.0%€0.5mwithin the sector's middle half▼ 8.6%€0.5mwithin the sector's middle half▲ 2.9%€0.5mabove the sector's middle half▲ 3.3%€0.5mabove the sector's middle half▲ 0.1%
Solvency30.3%-4.3%▼ 26.1pp52.5%within the sector's middle half▲ 48.2pp50.7%within the sector's middle half▼ 1.8pp75.2%above the sector's middle half▲ 24.5pp78.7%above the sector's middle half▲ 3.6pp93.7%above the sector's middle half▲ 14.9pp96.9%above the sector's middle half▲ 3.2pp
Current ratio1.47-1.01▼ 0.461.89within the sector's middle half▲ 0.881.79within the sector's middle half▼ 0.116.28above the sector's middle half▲ 4.499.72above the sector's middle half▲ 3.4412.57above the sector's middle half▲ 2.8528.53above the sector's middle half▲ 15.96
Return on assets (ROA)10.1%-1.8%▼ 8.3pp45.3%above the sector's middle half▲ 43.5pp23.0%above the sector's middle half▼ 22.3pp2.9%within the sector's middle half▼ 20.2pp-2.1%below the sector's middle half▼ 4.9pp-7.5%below the sector's middle half▼ 5.4pp-12.4%below the sector's middle half▼ 4.9pp
Staff (FTE)0.31below the sector's middle half▲ 233%1.9within the sector's middle half▲ 90.0%1.5below the sector's middle half▼ 21.1%1.1within the sector's middle half▼ 26.7%1.6▲ 45.5%0.3▼ 81.3%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €75,568, larger than the loss of €44,406 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €571,963
Fixed assets
€64,054 ▼ 52.7%
Current assets
€507,909 ▼ 4.5%
Equity and liabilities €571,963
Equity
€554,161 ▼ 11.4%
Debt
€17,802 ▼ 57.9%
Debt's share of the balance-sheet total falls from 6.3% to 3.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€37,709▼
2024 · €8,356
Cash flow
-€33,178▼
2024 · €2,861
Debt to equity
0.03▼
2024 · 0.07
ROE
-12.8%▼
2024 · -8.0%
Interest coverage
-77.23▼
2024 · 1.14
Debt ≤ 1 year
€17,802▼
2024 · €42,320
Income taxes
-€5,000▼
2024 · €0
Staff costs
€17,885▼
2024 · €56,162
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 1 | 4 | - |
| full-time | 2 | 1 | 1 | 1 | - |
| part-time | - | 1 | 0 | 3 | - |
| in full-time equivalents | 2 | 1.3 | 1 | 1.3 | - |
| Average over the year, in full-time equivalents | 1.9 | 1.5 | 1.1 | 1.2 | 0.3 |
| On a permanent contract | 1 | 1 | 1 | 1 | - |
| Joined | 2 | 2 | 3 | 8 | 0 |
| Left | 1 | 2 | 4 | 5 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €105,558 | €302,834 | €34,425 | - | - |
| Intangible fixed assets | - | - | - | €50,000 | - |
| Financial fixed assets | - | - | - | €4,350 | €0 |
| Depreciation and write-downs of the year | €48,190 | €98,040 | €79,344 | €52,762 | €37,858 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €389 awarded · €366 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €0 | €195 |
| 2022 | 1 | €389 | €171 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,962 | €0 | - | €18,668 | €40,223 | ▲ 115% |
| Remuneration, social security and pensions62 | - | - | - | €85,969 | €85,470 | €61,330 | €56,162 | €17,885 | ▼ 68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €239 | €32,921 | €34,621 | €48,190 | €98,040 | €79,344 | €52,762 | €37,858 | ▼ 28.2% |
| Other operating charges640/8 | - | - | - | €2,166 | €2,101 | €2,105 | €2,701 | €1,731 | ▼ 35.9% |
| Non-recurring operating charges66A | - | - | - | - | - | €3,299 | €0 | €1,000 | - |
| Gross operating margin9900 | €14,232 | €72,718 | €544,907 | €578,206 | €229,321 | €134,857 | €67,219 | -€17,094 | - |
| Operating profit (loss)9901 | €13,102 | €22,151 | €460,092 | €441,882 | €43,710 | -€11,219 | -€44,406 | -€75,568 | ▼ 70.2% |
| Financial income75/76B | - | - | - | €33 | €50 | €463 | €1,861 | €19 | ▼ 99.0% |
| Recurring financial income75 | - | €24,564 | €16,344 | €33 | €50 | €463 | €1,861 | €19 | ▼ 99.0% |
| Financial charges65/66B | - | - | - | €7,497 | €7,268 | €6,798 | €7,355 | €488 | ▼ 93.4% |
| Recurring financial charges65 | €624 | €18,444 | €17,171 | €7,497 | €7,268 | €6,798 | €7,355 | €488 | ▼ 93.4% |
| Profit (loss) for the period before taxes9903 | €12,478 | €28,271 | €459,266 | €434,418 | €36,491 | -€17,554 | -€49,900 | -€76,037 | ▼ 52.4% |
| Income taxes67/77 | €3,046 | €7,168 | €145,081 | €131,591 | €10,146 | €129 | €0 | -€5,000 | - |
| Profit (loss) for the period9904 | €9,432 | €21,103 | €314,185 | €302,827 | €26,346 | -€17,682 | -€49,900 | -€71,037 | ▼ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €9,432 | €21,103 | €314,185 | €302,827 | €26,346 | -€17,682 | -€49,900 | -€71,037 | ▼ 42.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.09m | €1.2m | €0.7m | €1.3m | €0.9m | €0.9m | €0.7m | €0.6m | ▼ 14.3% |
| Fixed assets21/28 | €0.001m | €0.1m | €0.1m | €0.2m | €0.4m | €0.3m | €0.1m | €0.06m | ▼ 52.7% |
| Intangible fixed assets21 | - | - | - | - | - | - | €0.04m | €0.03m | ▼ 23.2% |
| Tangible fixed assets22/27 | €0.001m | €0.1m | €0.1m | €0.2m | €0.4m | €0.3m | €0.09m | €0.03m | ▼ 69.8% |
| Land and buildings22 | - | - | - | - | €0.2m | €0.2m | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.06m | €0.04m | €0.03m | €0.01m | ▼ 49.5% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.1m | €0.09m | €0.06m | €0.01m | ▼ 79.0% |
| Financial fixed assets28 | - | - | - | - | - | - | €0.004m | €0.004m | = |
| Current assets29/58 | €0.09m | €1.0m | €0.6m | €1.1m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 4.5% |
| Amounts receivable within one year40/41 | €0.09m | €0.7m | €0.3m | €0.5m | €0.09m | €0.3m | €0.4m | €0.4m | ▼ 13.7% |
| Trade receivables40 | - | - | - | €0.5m | €0.04m | €0.3m | €0.4m | €0.4m | ▼ 8.1% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.05m | €0.04m | €0.03m | €0.002m | ▼ 92.9% |
| Current investments50/53 | - | - | - | - | - | €0.1m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.007m | €0.3m | €0.3m | €0.6m | €0.4m | €0.08m | €0.1m | €0.1m | ▲ 35.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.02m | €0.01m | €0.01m | €0.005m | ▼ 48.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.09m | €1.2m | €0.7m | €1.3m | €0.9m | €0.9m | €0.7m | €0.6m | ▼ 14.3% |
| Equity10/15 | €0.03m | €0.05m | €0.4m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 11.4% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.01m | €0.03m | €0.3m | €0.6m | €0.7m | €0.7m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.6m | €0.7m | €0.7m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | -€0.04m | -€0.1m | ▼ 184% |
| Amounts payable17/49 | €0.07m | €1.1m | €0.3m | €0.6m | €0.2m | €0.2m | €0.04m | €0.02m | ▼ 57.9% |
| Amounts payable after more than one year17 | - | €0.08m | €0.01m | - | €0.1m | €0.1m | €0 | - | - |
| Financial debts170/4 | - | - | - | - | €0.1m | €0.1m | €0 | - | - |
| Amounts payable within one year42/48 | €0.06m | €1.0m | €0.3m | €0.6m | €0.09m | €0.05m | €0.04m | €0.02m | ▼ 57.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.01m | €0.01m | €0 | - | - |
| Trade debts44 | €0.03m | €0.8m | €0.2m | €0.6m | €0.06m | €0.02m | €0.03m | €0.007m | ▼ 72.7% |
| Suppliers440/4 | - | - | - | €0.6m | €0.06m | €0.02m | €0.03m | €0.007m | ▼ 72.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.01m | €0.01m | €0.007m | €0.002m | ▼ 71.9% |
| Taxes450/3 | - | - | - | €0.002m | €0.002m | €0.008m | €206 | €0.001m | ▲ 197% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.009m | €0.005m | €0.006m | €0.001m | ▼ 80.5% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.006m | €0.01m | €0.01m | €0.009m | ▼ 11.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.007m | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,432 | €21,103 | €314,185 | €302,827 | €26,346 | -€17,682 | -€49,900 | -€71,037 | ▼ 42.4% |
| + Depreciation and write-downs630 | €239 | €32,921 | €34,621 | €48,190 | €98,040 | €79,344 | €52,762 | €37,858 | ▼ 28.2% |
| Operating cash flow (approximation) | €9,671 | €54,024 | €348,806 | €351,017 | €124,386 | €61,661 | €2,861 | -€33,178 | - |
| Investment in fixed assets (approximation) | - | -€162,653 | -€15,895 | -€105,558 | -€302,834 | -€34,425 | €140,650 | €33,569 | ▼ 76.1% |
| Change in cash | - | €297,159 | -€27,379 | €334,216 | -€171,110 | -€361,142 | €28,020 | €37,599 | ▲ 34.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as BCF has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
88.1%
was still going
9.8%
stopped otherwise
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BCF itself is lower: 0.2% within 12 months. It rests on far more data about BCF than the profile alone.
Test of the method
The method was tested on the 497,446 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 4,805 companies, not a prediction for BCF. 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.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-03-2026 | 2026-00048095 | |
| 31-12-2024 | micro format | 24-07-2025 | 2025-00304504 | |
| 31-12-2023 | abbreviated format | 04-06-2024 | 2024-00109278 | |
| 31-12-2022 | abbreviated format | 26-06-2023 | 2023-00164459 | |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20195679 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-28600498 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-39000151 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-25400119 | |
| 31-12-2017 | micro format | 13-07-2018 | 2018-33500508 | |
| 31-12-2016 | micro format | 14-07-2017 | 2017-32100341 |
Board & ownership
Directors
Directors
2 directors, last change in 2025
HE Yingxian
Current
Director (not named in the articles) · appointed in the act of 13-06-2023 · earlier manager, until 13-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 02-03-2026
Wesley DRIEGHE
Current
Director · appointed in the act of 20-05-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 02-03-2026
Owners and capital
Capital transactions
Capital over time
- 13-06-2023 Converted to unavailable equity · €18,600
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HE Yingxian |
|
| Wesley DRIEGHE |
|
Network & group
BCF shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of BCF. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
02-03
micro format · 151 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€71,037
The net result drops to -€71,037, the lowest from 2018 to 2025.
31-12
Financial
Liquidity more than doubledcurrent ratio 28.53
The current ratio rises from 12.57 to 28.53. Short-term debt falls from €42,320 to €17,802.
24-07
micro format · 7 days before the deadline
20-05
Gazette deed
Appointment: Wesley DRIEGHE (director)4 points ▸
Gazette deed
Appointment: Wesley DRIEGHE (director)
4 points ▸
- General meeting, 30-04-2025
- Director appointment, Wesley DRIEGHE (director)
- Board composition, He Yingxian (lid bestuursorgaan)
- Board composition, Wesley DRIEGHE (lid bestuursorgaan)
2024
04-06
abbreviated format · 57 days before the deadline
07-05
Gazette deed
Purpose · Amendment of the articles · NamePurpose change · Power of attorney5 points ▸
Gazette deed
Purpose · Amendment of the articles · Name
Purpose change · Power of attorney5 points ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Purpose change, mentioned 2 times in the deed
- Power of attorney, Karen Hauwaerts
- Other provision, “eenparigheid van stemmen, alle besluiten werden genomen met eenparigheid van stemmen” (deed in Dutch)
- Other provision, “comparant erkent door de instrumenterende notaris te zijn gewezen op het UBO-register en op de sanctiebepalingen in artikel 1:36 van het Wetboek van vennootscha…” (deed in Dutch)
2023
26-06
abbreviated format · 35 days before the deadline
13-06
Gazette deed
Company renamed from BELGIUM CHINA FRIENDSHIP COMPANY to BCFChange of role: HE Yingxian, from manager to director · Capital conversion · Reserve release15 points ▸
Gazette deed
Company renamed from BELGIUM CHINA FRIENDSHIP COMPANY to BCF
Change of role: HE Yingxian, from manager to director · Capital conversion · Reserve release15 points ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39,§2,tweede lid” (deed in Dutch)
- Name change, BCF
- Other provision, “ontvangst afschrift verslag bestuursorgaan over herformulering voorwerp, herformulering voorwerp naar tekst nieuwe statuten” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Director resignation, HE Yingxian (manager)
- Director appointment, HE Yingxian (director (not named in the articles))
- Director discharge, HE Yingxian
- Registered office clause, “3020 Herent,Rijweg 87” (deed in Dutch)
- The act holds 3 more points.
2022
31-12
Financial
Liquidity more than triplescurrent ratio 6.28
The current ratio rises from 1.79 to 6.28. Short-term debt falls from €641,495 to €87,235.
18-07
abbreviated format · 13 days before the deadline
2021
31-12
Financial
Equity above €500,000equity €666,435 ▲83.3%
With a profit in every financial year since 2018, equity grows to €666,435.
Show earlier events
30-06
abbreviated format · 31 days before the deadline
2020
31-12
Financial
Highest result from 2018 to 2025net €314,185 ▲1,389%
The operating result of €460,092 and the net result of €314,185 are both a record.
31-12
Financial
Equity above €200,000equity €363,608 ▲636%
With a profit in every financial year since 2018, equity grows to €363,608.
31-07
abbreviated format · on the deadline day
2019
27-06
micro format · 34 days before the deadline
2018
13-07
micro format · 18 days before the deadline
2017
14-07
micro format · 17 days before the deadline
2011
08-12
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BCF in Dutch
Former name
BELGIUM CHINA FRIENDSHIP COMPANY until the act of 13-06-2023
Enterprise number
0841.364.934
Legal form
Private limited company
Status
Active, normale toestand
Founded
22-11-2011
Entity type
Legal entity
Registered office and establishments
Registered office
Rijweg 87, 3020 Herent, Belgium
Establishment units
BCF Company, Rijweg 87, 3020 Herent since 22-11-2011 · unit number 2.204.757.342
Frituur ’t rondpunt, Staatsbaan(LUB) 241, 3210 Lubbeek since 01-05-2024 · unit number 2.358.789.283
Activities
NACEBEL 2025VAT activities
46130
Agents in the wholesale of timber and building materials main activity
56112
Limited-service restaurants, excluding mobile food services
Social security (RSZ) activities
46130
Agents in the wholesale of timber and building materials main activity
Codes under NACEBEL 2008
VAT activities
46130
Wholesale trade main activity
56102
Limited-service restaurants
Social security (RSZ) activities
46130
Wholesale trade main activity
Joint committee
125.03 Paritair Subcomité voor de houthandel annual accounts 2025
Invoicing and payment
VAT number
BE 0841.364.934
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
1 siteLubbeekunit number 2.358.789.283
Sites & property
Location
Buildings and parcels at the address
Ground area
1,312 m²
Building footprint
289 m²
Building volume
1,629 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24423H0234/00F002 | Flanders | 1,312 m² | 1 · 289 m² | 8.5 m · 2 |