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BCVS

Active
General partnershipfounded 2024active for 2 yearsGelmelenstraat 150, 2900 Schoten, BelgiumKBO/BCE: BE 1006.415.580
Summary

BCVS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,659 and a net result of €9,285. Its solvency ranks better than 41% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
€30,036total assets 2025
Equity
€11,659
Profit
€9,285
Turnover not published (micro format)
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts 52 days early
Why 71raises riskFounded in 20241 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.30, cash €22,133Legal form: general partnershipShow the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 67% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 64
equity 38.8% of total assets
Liquidity 68
short-term debt 61.2% · cash 73.7%
Profitability 100
return on assets 30.9%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 03-2025: 1.2% 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.3 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.2 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 2.0%▲ +0.2 percentage points vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 1.9%▼ -0.1 percentage points vs 11-2025 01-2026: 2.1%▲ +0.2 percentage points vs 12-2025 02-2026: 2.2%▲ +0.1 percentage points vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026highest value 04-2026: 2.2%● unchanged vs 03-2026highest value 05-2026: 2.2%● unchanged vs 04-2026highest value 06-2026: 2.2%● unchanged vs 05-2026highest value 07-2026: 0.4%▼ -1.8 percentage points vs 06-2026lowest value 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.3, below the usual 1.5; short-term debt: 61.2% and cash: 73.7% of total assets), and 61.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 41% on solvency, 67% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.30, cash €22,133
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Legal form: general partnership
KBO
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 09-06-2026, 52 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
52 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2025 · micro…
  3. IncorporationAppointments: De Smet Arne (niet…

Financials · financial year 2025, micro format

Equity
€11,659
Total assets
€30,036
Net result
€9,285
Working capital
€5,460

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €30,036
Fixed assets €6,199
Current assets €23,837
Equity and liabilities €30,036
Equity €11,659
Debt €18,377
Debt finances 61.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€14,994
Cash flow
€11,036
Current ratio
1.30
Debt to equity
1.58
ROE
79.6%
ROA
30.9%
Interest coverage
over 100
Debt ≤ 1 year
€18,377
Income taxes
€3,874

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€30,036
Fixed assets21/28€6,199
Tangible fixed assets22/27€6,199
Plant, machinery and equipment23€5,464
Furniture and vehicles24€735
Current assets29/58€23,837
Amounts receivable within one year40/41€1,610
Trade receivables40€1,610
Other amounts receivable41€0
Cash at bank and in hand54/58€22,133
Deferred charges and accrued income490/1€94
Equity and liabilities
Total equity and liabilities10/49€30,036
Equity10/15€11,659
Contributions10/11€1,000
Reserves13€10,659
Distributable reserves133€10,659
Amounts payable17/49€18,377
Amounts payable within one year42/48€18,377
Trade debts44€12
Suppliers440/4€12
Taxes, remuneration and social security45€2,123
Taxes450/3€2,123
Other amounts payable47/48€16,242
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,751
Other operating charges640/8€789
Gross operating margin9900€15,783
Operating profit (loss)9901€13,243
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€88
Recurring financial charges65€88
Profit (loss) for the period before taxes9903€13,159
Income taxes67/77€3,874
Profit (loss) for the period9904€9,285
Profit (loss) for the period to be appropriated9905€9,285
Appropriation of the result
Profit (loss) to be appropriated9906€9,285
Transfer to equity691/2€9,285
To other reserves6921€9,285

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,751
Other operating charges640/8€789
Gross operating margin9900€15,783
Operating profit (loss)9901€13,243
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€88
Recurring financial charges65€88
Profit (loss) for the period before taxes9903€13,159
Income taxes67/77€3,874
Profit (loss) for the period9904€9,285
Profit (loss) for the period to be appropriated9905€9,285
Line2025
Assets
Total assets20/58€30,036
Fixed assets21/28€6,199
Tangible fixed assets22/27€6,199
Plant, machinery and equipment23€5,464
Furniture and vehicles24€735
Current assets29/58€23,837
Amounts receivable within one year40/41€1,610
Trade receivables40€1,610
Other amounts receivable41€0
Cash at bank and in hand54/58€22,133
Deferred charges and accrued income490/1€94
Equity and liabilities
Total equity and liabilities10/49€30,036
Equity10/15€11,659
Contributions10/11€1,000
Reserves13€10,659
Distributable reserves133€10,659
Amounts payable17/49€18,377
Amounts payable within one year42/48€18,377
Trade debts44€12
Suppliers440/4€12
Taxes, remuneration and social security45€2,123
Taxes450/3€2,123
Other amounts payable47/48€16,242
Line2025
Profit (loss) for the period9904€9,285
+ Depreciation and write-downs630€1,751
Operating cash flow (approximation)€11,036

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 09-06-2026 2026-00146231

Similar companies · same sector, comparable size

Of the 7,007 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,551. 2,025 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2024
De Smet Arne
Niet statutaire zaakvoerder · since 28-02-2024
Current
De Smet Luc
Niet statutaire zaakvoerder · since 28-02-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
De Smet Arne
  • Niet statutaire zaakvoerder, from 28-02-2024 to date
De Smet Luc
  • Niet statutaire zaakvoerder, from 28-02-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 26 February 2024, BCVS was incorporated as a general partnership.1 In 2026 the registered office moved to Schoten.2 Of the 2 current board members, 2 have served since 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-07-2026
  3. 3Belgian Official Gazette, 28-02-2024

Acts, filings and financial milestones

2026
02-07
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 19-06-2026
  • Registered-office move, Gelmelenstraat 150 2900 Schoten
09-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
28-02
Gazette deed Incorporation
Appointments: De Smet Arne (niet statutaire zaakvoerder) and De Smet Luc (niet statutaire zaakvoerder) · Capital · Registered office clause13 facts ▸
  • Capital
  • Registered office clause, “Paasbloemstraat 32,2170 Merksem” (deed in Dutch)
  • General meeting, “beslissen over jaarrekening”, 2025 (deed in Dutch)
  • Director appointment, De Smet Arne (niet statutaire zaakvoerder)
  • Director appointment, De Smet Luc (niet statutaire zaakvoerder)
  • Pre-incorporation commitments, “takeover, alle verbintenissen overeenkomstig artikel 2:2 WVV tot op heden in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Board composition, De Smet Arne (zaakvoerder (natuurlijk persoon) niet statutair)
  • Board composition, De Smet Luc (zaakvoerder (natuurlijk persoon) niet statutair)
  • Founder, De Smet Arne
  • Founder, De Smet Luc
  • Founding capital, €1,000
  • Partner, De Smet Arne
  • +1 further fact in this act
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formGeneral partnership
Founded26-02-2024
Financial year end31-12
Activities, NACEBEL 2025
43221Plumbing work
47527Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006415580
Also 9925:BE1006415580
Registered 15-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1006.415.580

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
113 m²
Building footprint
82 m²
Building volume
571 m³
Parcel 11442C0045/00K013, Flanders · tallest building 10.8 m. Linked by address, not a title deed.
1 establishment unit
BCVS
Gelmelenstraat 150, 2900 SchotenPlumbing work
since 2024unit no. 2.356.135.938
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11442C0045/00K013 Flanders 113 m² 1 · 82 m² 10.8 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BCVS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan kan bij besluit zetel binnen vermelde Gewest verplaatsen en waar dan ook bijkantoren en andere centra van…” (deed in Dutch)

deed of 28-02-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 12. Bevoegdheden en vertegenwoordigingsmacht van de zaakvoerder Het bestuur heeft de meest uitgebreide machten om in alle…”
Board ruleHow the board is made up, meets and takes decisions.
One provision in the deed

deed of 28-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Artikel 14. Vennoten verenigd in vergadering Aan de vennoten verenigd in vergadering wordt er binnen 6 maanden na afsluitingsdatum van het…” (deed in Dutch)

deed of 28-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alle verbintenissen van de vennootschap, aansprakelijkheid van de vennoten” (deed in Dutch)
Other provision: “Aansprakelijk jegens vennootschap voor fouten in opdracht, aansprakelijkheid zaakvoerder” (deed in Dutch)
Other provision: “Winstverdeling-verdeling vennootschapsvermogen, uitkeringen en verliezen volgens aandeel” (deed in Dutch)

deed of 28-02-2024