Equity
BCFisc paid out €70,000 in dividends. That is 98% of the 2025 profit.
BCFisc paid out €70,000 in dividends. That is 98% of the 2025 profit.
Of this, €124,988 falls due within a year.
The last five annual accounts were filed 34 to 43 days before the end of the period.
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 28% of them on solvency, 50% on liquidity, 82% on profitability and 45% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
In July 2024, 5,053 companies had the same profile as BCFisc has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BCFisc itself is lower: < 0.1% within 12 months. It rests on far more data about BCFisc than the profile alone.
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 5,053 companies, not a prediction for BCFisc. 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.
Liquidity is tight, with a current ratio of 1.28 (1.2 in 2024), below the usual 1.5. Short-term debt is 68.9% and cash 67.2% of total assets. 72.9% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BCFisc Braine-l'Alleud | €181,531 | €103,589 | 27.1% | - |
| LF Accountants Genk | €186,007 | €100,721 | 18.5% | - |
| VRP TAX CONSULTING Mol | €172,210 | €96,914 | 7.3% | - |
| Boekhouding Dumon Bruges | €175,232 | €105,347 | 40.5% | - |
| ACCOUNTANTSKANTOOR BART VERVLIET Zwalm | €185,281 | €110,923 | 43.7% | - |
| VAN NOOTEN & PARTNERS Turnhout | €173,074 | €98,168 | 64.6% | - |
| CPX COMPTA Uccle | €201,844 | €102,980 | 18.4% | - |
These companies have the same main activity as BCFisc: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €172,000 and €202,000, founded between 2014 and 2016.
BCFisc files the micro format. That format states no turnover. The gross margin rose from €13,822 in 2016 to €103,589 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €160,000 and €240,000.
Higher than 25% of 15,828 companies in 2025.
Higher than 30% of 15,600 companies in 2025.
Higher than 77% of 15,717 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
181,531 | 213,074 | 173,998 | 127,707 | 94,078 | 62,362 | 52,391 | 54,173 | 52,105 | 48,019 | |
21/28 |
21,275 | 31,311 | 40,364 | 6,161 | 499 | 311 | 2,155 | 6,464 | 8,080 | 13,467 | |
22/27 |
21,275 | 31,311 | 40,364 | 6,161 | 499 | 311 | 2,155 | 6,464 | 8,080 | 13,467 | |
23 |
1,585 | 2,715 | 3,845 | 4,974 | - | - | - | - | - | - | |
24 |
19,690 | 28,596 | 36,519 | 1,186 | 499 | 311 | 2,155 | 6,464 | 8,080 | 13,467 | |
29/58 |
160,256 | 181,764 | 133,634 | 121,547 | 93,578 | 62,052 | 50,236 | 47,708 | 44,025 | 34,551 | |
40/41 |
32,638 | 35,246 | 23,207 | 14,838 | 6,725 | 6,132 | 9,348 | 7,263 | 16,789 | 4,325 | |
40 |
32,638 | 32,665 | 20,097 | 14,838 | 6,725 | 6,132 | 8,617 | 7,263 | 16,789 | 4,325 | |
41 |
- | 2,581 | 3,110 | - | - | - | 731 | - | - | - | |
54/58 |
122,016 | 141,378 | 108,789 | 105,875 | 85,953 | 55,289 | 40,797 | 39,754 | 27,236 | 30,226 | |
490/1 |
5,602 | 5,139 | 1,638 | 833 | 900 | 631 | 92 | 692 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
181,531 | 213,074 | 173,998 | 127,707 | 94,078 | 62,362 | 52,391 | 54,173 | 52,105 | 48,019 | |
10/15 |
49,137 | 47,470 | 46,793 | 45,962 | 54,735 | 34,283 | 21,945 | 19,850 | 13,864 | 6,476 | |
10/11 |
25,482 | 25,482 | 25,482 | 25,482 | 13,082 | 13,082 | 13,082 | 13,082 | 13,082 | 6,200 | |
100 |
- | - | - | - | - | 25,482 | 25,482 | 25,482 | 25,482 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
20,480 | 20,480 | 20,480 | 20,480 | 20,480 | 480 | 480 | 338 | 39 | 14 | |
130/1 |
480 | 480 | 480 | 480 | 480 | - | - | - | - | - | |
130 |
- | - | - | - | - | 480 | 480 | 338 | 39 | 14 | |
1311 |
480 | 480 | 480 | 480 | 480 | - | - | - | - | - | |
133 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | - | - | - | - | - | |
14 |
3,175 | 1,509 | 831 | - | 21,174 | 20,721 | 8,384 | 6,430 | 743 | 263 | |
17/49 |
132,394 | 165,604 | 127,205 | 81,745 | 39,342 | 28,080 | 30,446 | 34,322 | 38,241 | 41,542 | |
17 |
7,406 | 13,551 | 19,516 | - | - | - | - | 2,992 | 8,060 | 13,053 | |
170/4 |
7,406 | 13,551 | 19,516 | - | - | - | - | 2,992 | 8,060 | 13,053 | |
42/48 |
124,988 | 152,042 | 107,688 | 81,745 | 39,342 | 28,080 | 30,446 | 31,330 | 30,180 | 28,489 | |
42 |
6,146 | 5,965 | 5,789 | - | - | - | 2,992 | 5,068 | 4,993 | 4,919 | |
44 |
6,170 | 8,835 | 4,099 | 395 | 381 | 522 | 1,904 | 103 | 200 | 746 | |
440/4 |
6,170 | 8,835 | 4,099 | 395 | 381 | 522 | 1,904 | 103 | 200 | 746 | |
45 |
17,376 | 12,245 | 19,860 | 25,197 | 13,155 | 9,904 | 9,093 | 11,843 | 11,558 | 7,169 | |
450/3 |
17,376 | 12,245 | 19,860 | 25,197 | 13,155 | 9,904 | 9,093 | 11,843 | 11,558 | 7,169 | |
47/48 |
95,296 | 124,997 | 77,939 | 56,154 | 25,806 | 17,654 | 16,457 | 14,316 | 13,430 | 15,655 | |
492/3 |
- | 10 | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
9900 |
103,589 | 91,028 | 62,063 | 58,809 | 30,707 | 19,916 | 9,225 | 12,637 | 8,874 | 13,822 | |
630 |
11,005 | 10,688 | 9,487 | 1,062 | 460 | 2,465 | 4,310 | 1,616 | 5,387 | 8,080 | |
631/4 |
- | 1,315 | 2,054 | - | - | - | - | - | - | - | |
640/8 |
1,282 | 1,294 | 2,924 | 848 | 715 | 421 | 917 | 1,106 | 909 | 2,553 | |
9901 |
91,303 | 77,730 | 47,599 | 56,899 | 29,532 | 17,030 | 3,998 | 9,915 | 2,577 | 3,189 | |
75/76B |
1,536 | 1,001 | 124 | 0 | 1 | 121 | 40 | 42 | 53 | 14 | |
75 |
1,536 | 1,001 | 124 | 0 | 1 | 121 | 40 | 42 | 53 | 14 | |
65/66B |
1,467 | 864 | 3,002 | 141 | 401 | 106 | 174 | 267 | 322 | 323 | |
65 |
1,467 | 864 | 3,002 | 141 | 356 | 106 | 174 | 267 | 322 | 323 | |
66B |
- | - | - | - | 45 | - | - | - | - | - | |
9903 |
91,372 | 77,866 | 44,721 | 56,759 | 29,132 | 17,045 | 3,864 | 9,691 | 2,309 | 2,880 | |
67/77 |
19,706 | 16,188 | 9,890 | 12,043 | 8,679 | 4,708 | 1,769 | 3,704 | 1,803 | 2,603 | |
9904 |
71,666 | 61,677 | 34,831 | 44,716 | 20,453 | 12,337 | 2,095 | 5,986 | 506 | 276 | |
9905 |
71,666 | 61,677 | 34,831 | 44,716 | 20,453 | 12,337 | 2,095 | 5,986 | 506 | 276 | |
| Appropriation of the result | |||||||||||
9906 |
73,175 | 62,509 | 34,831 | 65,890 | 41,174 | 20,721 | 8,525 | 6,729 | 768 | 276 | |
14P |
1,509 | 831 | - | 21,174 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 20,000 | - | 141 | 299 | 25 | 14 | |
6920 |
- | - | - | - | - | - | 141 | 299 | 25 | 14 | |
6921 |
- | - | - | - | 20,000 | - | - | - | - | - | |
694/7 |
70,000 | 61,000 | 34,000 | 65,890 | - | - | - | - | - | - | |
694 |
70,000 | 61,000 | 34,000 | 65,890 | - | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-12-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 24-12-2025 | 2025-00589732 | |
| 30-06-2024 | micro format | 26-12-2024 | 2024-00625253 | |
| 30-06-2023 | micro format | 19-12-2023 | 2023-00530597 | |
| 30-06-2022 | micro format | 25-12-2022 | 2022-20546224 | |
| 30-06-2021 | micro format | 28-12-2021 | 2021-81800300 | |
| 30-06-2020 | micro format | 21-12-2020 | 2020-76200382 | |
| 30-06-2019 | micro format | 24-01-2020 | 2020-02200101 | |
| 30-06-2018 | micro format | 29-01-2019 | 2019-02500085 | |
| 30-06-2017 | micro format | 12-01-2018 | 2018-00900576 | |
| 30-06-2016 | full format | 09-01-2017 | 2017-00500277 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 102,307 | 88,418 | 57,086 | 57,961 | 29,992 | 19,495 | 8,308 | 11,531 | 7,964 | 11,269 | ||
| 82,671 | 72,366 | 44,318 | 45,778 | 20,913 | 14,802 | 6,404 | 7,602 | 5,893 | 8,357 | ||
| 969 | 1,635 | 43,691 | 6,723 | 649 | 621 | 0 | 0 | 0 | 21,548 | ||
| -19,362 | 32,589 | 2,913 | 19,922 | 30,664 | 14,492 | 1,043 | 12,518 | -2,990 | - | ||
| 35,268 | 29,721 | 25,946 | 39,801 | 54,236 | 33,972 | 19,791 | 16,378 | 13,844 | 6,063 | ||
| 27.1% | 22.3% | 26.9% | 36.0% | 58.2% | 55.0% | 41.9% | 36.6% | 26.6% | 13.5% | ||
| 1.28 | 1.20 | 1.24 | 1.49 | 2.38 | 2.21 | 1.65 | 1.52 | 1.46 | 1.21 | ||
| 2.69 | 3.49 | 2.72 | 1.78 | 0.72 | 0.82 | 1.39 | 1.73 | 2.76 | 6.41 | ||
| 145.9% | 129.9% | 74.4% | 97.3% | 37.4% | 36.0% | 9.5% | 30.2% | 3.6% | 4.3% | ||
| 39.5% | 28.9% | 20.0% | 35.0% | 21.7% | 19.8% | 4.0% | 11.1% | 1.0% | 0.6% | ||
| 69.74 | over 100 | 19.02 | over 100 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €969 | €1,635 | €43,691 | €6,723 |
| €11,005 | €10,688 | €9,487 | €1,062 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 17% higher than in 2024 and the highest since 2016. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 77.7% to 72.9%. Equity is higher and debt is lower.
BCFisc has no parent and no holdings in its annual accounts. BECHER Frederik Christoph is the only director. BCFisc shares no director with another company.
| BUREAU CF
registered office since 27-03-2018 · founded in 2018 |
total assets €184,668 (2025) 0692.974.631 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Valcq 12 registered office 1420 Braine-l'Alleud | 09-02-2015 | 2.238.948.852 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25743G0069/00X002 | 1,593 m² | 1 · 149 m² | 9.6 m · 3 |
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