BCTN Geel
ActiveSummary
BCTN Geel has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-248k) and a net result of €86k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-22
Solvency11▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.64 in 2023; short-term debt: 105.9% and cash: 8.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-14.3%
Return on assets
4.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 936 sector peers (2024).
NBB · sector comparisonPosition among 936 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
23 d early
2022
21 d early
2021
31 d early
2020
156 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€2.25M
EBIT margin
26.7%
Net result
€86k▼ 81.6%
2023 · €465k
2018: €-94k
2019: €57k
2020: €-421k
2021: €-160k
2022: €-301k
2023: €465k
2018 → 2024
Working capital
€-655k▲ 26.6%
2023 · €-892k
2018: €-1.29M
2019: €-1.14M
2020: €-1.51M
2021: €-1.62M
2022: €-1.64M
2023: €-892k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.25M
Equity€-339k-€-498k▼ 47.2%€-799k▼ 60.4%€-334k▲ 58.2%€-248k▲ 25.7%
Operating result€-441k-€-158k▲ 64.3%€-300k▼ 90.3%€600k€120k▼ 80.1%
Net result€-421k-€-160k▲ 62.0%€-301k▼ 88.3%€465k€86k▼ 81.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 80% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.74M
Fixed assets
€552k ▼ 17.3%
Current assets
€1.19M ▼ 24.0%
Key figures and ratios
EBITDA
€355k▼
2023 · €889k
Cash flow
€321k▼
2023 · €755k
Solvency
-14.3%▲
2023 · -15.0%
Current ratio
0.64▲
2023 · 0.64
Debt to equity
-8.01▼
2023 · -7.68
ROA
4.9%▼
2023 · 20.8%
Interest coverage
6916.70▼
2023 · 14142.42
Debt
€1.99M▼
2023 · €2.57M
Debt ≤ 1 year
€1.84M▼
2023 · €2.46M
Income taxes
€34k▼
2023 · €135k
Staff costs
€257k▲
2023 · €238k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.23M€1.74M▼
Fixed assets21/28€667k€552k▼
Tangible fixed assets22/27€667k€551k▼
Land and buildings22€582k€515k▼
Plant, machinery and equipment23€81k€36k▼
Leasing and similar rights25€4k-
Financial fixed assets28€200€200=
Current assets29/58€1.57M€1.19M▼
Amounts receivable within one year40/41€922k€1.04M▲
Trade receivables40€873k€991k▲
Other amounts receivable41€49k€49k=
Cash at bank and in hand54/58€628k€141k▼
Deferred charges and accrued income490/1€15k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.23M€1.74M▼
Equity10/15€-334k€-248k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-396k€-310k▲
Amounts payable17/49€2.57M€1.99M▼
Amounts payable within one year42/48€2.46M€1.84M▼
Trade debts44€121k€101k▼
Suppliers440/4€121k€101k▼
Taxes, remuneration and social security45€167k€65k▼
Taxes450/3€135k€34k▼
Remuneration and social security454/9€32k€31k▼
Other amounts payable47/48€2.17M€1.68M▼
Accrued charges and deferred income492/3€109k€145k▲
Income statement
Code20232024
Turnover70€2.25M-
Non-recurring operating income76A€99k-
Goods, raw materials, services and sundry goods60/61€1.35M-
Remuneration, social security and pensions62€238k€257k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€289k€236k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€1.13M€617k▼
Operating profit (loss)9901€600k€120k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€63€51▼
Recurring financial charges65€63€51▼
Profit (loss) for the period before taxes9903€600k€119k▼
Income taxes67/77€135k€34k▼
Profit (loss) for the period9904€465k€86k▼
Profit (loss) for the period to be appropriated9905€465k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-396k€-310k▲
Profit (loss) brought forward from the previous period14P€-861k€-396k▲
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 40 days late
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €465k
Net result €465k after 3 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 156 days late
2020
31-12
Financial
Weakest financial yearnet €-421k ▼840%
Net result drops to €-421k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 194 days late
2019
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 139 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Meerhout · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nikelaan 12450 MeerhoutGround area
8.9 ha
Building footprint
5.1 ha
Volume, LiDAR
709,469 m³
2 parcels, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BCTN Geel
since 20172.261.418.309
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13007A0106/00E000 | Flanders | 8.2 ha | 1 · 5.1 ha | 18.1 m · 5 fl. |
| 13462C1168/04_000 | Flanders | 6,390 m² | 1 · 693 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,119 EUR awarded · 1,119 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 320 EUR | 320 EUR |
| 2024 | 1 | 799 EUR | 799 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 355 companies in sector 52249 we hold annual accounts for 266. 135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
52220Warehousing and support activities for transportation
52249Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.