BCKDa
ActiveFinancials · financial year 2025, full format
2025 annual accounts filed 29 days after the deadline Filed on 29 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00126211.
Annual accounts 2025 filed on 29-05-2026 PDF all 9 filings
Every figure per financial year
The operating result for 2025 is a loss of €968, larger than the loss of €960 in 2024. It is the lowest result since 2021.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 0.8% |
| Gross operating margin9900 | -€165 | - | - | -€30 | - | - | - | - |
| Operating profit (loss)9901 | -€165 | - | -€0.001m | -€0.001m | -€0.001m | -€0.001m | -€0.001m | ▼ 0.8% |
| Financial income75/76B | - | - | - | €0.001m | - | - | €2.0m | - |
| Recurring financial income75 | - | - | - | €0.001m | - | - | €2.0m | - |
| Financial charges65/66B | - | - | - | €315 | €345 | €315 | €315 | = |
| Recurring financial charges65 | €250 | €139 | €238 | €315 | €345 | €315 | €315 | = |
| Profit (loss) for the period before taxes9903 | -€415 | -€139 | -€0.001m | -€447 | -€0.001m | -€0.001m | €2.0m | - |
| Profit (loss) for the period9904 | -€415 | -€139 | -€0.001m | -€447 | -€0.001m | -€0.001m | €2.0m | - |
| Profit (loss) for the period to be appropriated9905 | -€415 | -€139 | -€0.001m | -€447 | -€0.001m | -€0.001m | €2.0m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.4m | €1.4m | €1.4m | €1.4m | €1.6m | €1.6m | €3.5m | ▲ 111% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €0.001m | €0.003m | €450 | €250 | €0.3m | €0.3m | €2.1m | ▲ 617% |
| Amounts receivable within one year40/41 | - | - | - | - | - | - | €0.3m | - |
| Other amounts receivable41 | - | - | - | - | - | - | €0.3m | - |
| Current investments50/53 | - | - | - | - | €0.3m | €0.3m | €1.8m | ▲ 508% |
| Cash at bank and in hand54/58 | €0.001m | €0.003m | €450 | €250 | €324 | €294 | €264 | ▼ 10.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.4m | €1.4m | €1.6m | €1.6m | €3.5m | ▲ 111% |
| Equity10/15 | €0.003m | €0.003m | €0.002m | €0.001m | -€150 | -€0.001m | €2.0m | - |
| Contributions10/11 | €0.006m | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Contributions outside capital11 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Share premium1100/10 | - | - | - | - | €0.006m | €0.006m | €0.006m | = |
| Other1109/19 | - | - | - | €0.006m | - | - | - | - |
| Reserves13 | - | €0.006m | - | - | €0.3m | €0.3m | €1.8m | ▲ 508% |
| Non-distributable reserves130/1 | - | - | - | - | €0.3m | €0.3m | €1.8m | ▲ 508% |
| Own shares acquired1312 | - | - | - | - | €0.3m | €0.3m | €1.8m | ▲ 508% |
| Profit (loss) carried forward14 | -€0.003m | -€0.003m | -€0.005m | -€0.005m | -€0.3m | -€0.3m | €0.2m | - |
| Amounts payable17/49 | €1.3m | €1.4m | €1.3m | €1.3m | €1.6m | €1.6m | €1.5m | ▼ 10.8% |
| Amounts payable after more than one year17 | €1.3m | €1.4m | €1.3m | €1.3m | €1.6m | €1.6m | €1.5m | ▼ 10.8% |
| Other amounts payable178/9 | - | - | - | €1.3m | €1.6m | €1.6m | €1.5m | ▼ 10.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€415 | -€139 | -€0.001m | -€447 | -€0.001m | -€0.001m | €2.0m | - |
| Operating cash flow (approximation) | -€415 | -€139 | -€0.001m | -€447 | -€0.001m | -€0.001m | €2.0m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.002m | -€0.002m | -€200 | €74 | -€30 | -€30 | = |
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, 17,811 companies had the same profile as BCKDa has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of BCKDa itself: 0.4% within 12 months.
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 17,811 companies, not a prediction for BCKDa. 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.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | full format | 29-05-2026 | 2026-00126211 | |
| 30-09-2024 | full format | 29-04-2025 | 2025-00080323 | |
| 30-09-2023 | full format | 28-03-2024 | 2024-00055998 | |
| 30-09-2022 | full format | 28-03-2023 | 2023-00049299 | |
| 30-09-2021 | full format | 22-03-2022 | 2022-08300568 | |
| 30-09-2020 | full format | 24-03-2021 | 2021-08900003 | |
| 30-09-2019 | full format | 20-03-2020 | 2020-07100411 | |
| 30-09-2018 | full format | 12-04-2019 | 2019-09900032 | |
| 30-09-2017 | full format | 20-04-2018 | 2018-10200343 |