BDGRO
ActiveThe computed 12-month bankruptcy probability of BDGRO is 1.7% (moderate). The 2025 annual accounts show equity of €355k and a net result of €107k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 41% of 7684 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
89
/ 100
Excellent▲ +35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+62
Solvency63▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.99 in 2024), and 62.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.3%
Return on assets
11.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
5 d late
2024
54 d late
2023
41 d late
2022
52 d late
2021
30 d late
2020
31 d late
2019
210 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€355k▲ 43.0%
2024 · €248k
2019: €84k
2020: €100k
2021: €115k
2022: €160k
2023: €230k
2024: €248k
2019 → 2025
Total assets
€953k▲ 48.8%
2024 · €640k
2019: €370k
2020: €466k
2021: €421k
2022: €423k
2023: €699k
2024: €640k
2019 → 2025
Net result
€107k▲ 476%
2024 · €19k
2019: €65k
2020: €16k
2021: €15k
2022: €45k
2023: €70k
2024: €19k
2019 → 2025
Working capital
€82k
2024 · €-2k
2019: €45k
2020: €45k
2021: €55k
2022: €50k
2023: €14k
2024: €-2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€160k▲ 39.0%€230k▲ 43.3%€248k▲ 8.0%€355k▲ 43.0%
Operating result€51k-€60k▲ 19.1%€114k▲ 89.6%€107k▼ 6.9%€186k▲ 74.2%
Net result€15k-€45k▲ 195%€70k▲ 54.5%€19k▼ 73.2%€107k▲ 476%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 74% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €953k
Fixed assets
€487k▲ 19.4%
Current assets
€465k▲ 101%
Equity and liabilities €953k
Equity
€355k▲ 43.0%
Debt
€598k▲ 52.5%
The debt ratio rises from 61.2% to 62.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€331k▲
2024 · €258k
Cash flow
€253k▲
2024 · €170k
Solvency
37.3%▼
2024 · 38.8%
Current ratio
1.21▲
2024 · 0.99
Quick ratio
1.21▲
2024 · 0.99
Debt / equity
1.68▲
2024 · 1.58
ROE
30.3%▲
2024 · 7.5%
ROA
11.3%▲
2024 · 2.9%
Interest coverage
10.16▲
2024 · 3.35
Debt
€598k▲
2024 · €392k
Debt ≤ 1 year
€383k▲
2024 · €234k
Debt > 1 year
€214k▲
2024 · €158k
Income taxes
€46k▲
2024 · €11k
Staff costs
€259k▲
2024 · €197k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€640k€953k▲
Fixed assets21/28€408k€487k▲
Tangible fixed assets22/27€408k€487k▲
Plant, machinery and equipment23€118k€183k▲
Furniture and vehicles24€290k€305k▲
Leasing and similar rights25€0-
Financial fixed assets28€135€135=
Current assets29/58€232k€465k▲
Amounts receivable within one year40/41€141k€303k▲
Trade receivables40€109k€294k▲
Other amounts receivable41€33k€9k▼
Cash at bank and in hand54/58€91k€162k▲
Equity and liabilities
Total equity and liabilities10/49€640k€953k▲
Equity10/15€248k€355k▲
Contributions10/11€19k€19k=
Reserves13€230k€337k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€0-
Other1319€2k€2k=
Distributable reserves133€228k€335k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€392k€598k▲
Amounts payable after more than one year17€158k€214k▲
Financial debts170/4€158k€214k▲
Amounts payable within one year42/48€234k€383k▲
Current portion of amounts payable after more than one year42€106k€115k▲
Trade debts44€66k€174k▲
Suppliers440/4€66k€174k▲
Advances received on contracts in progress46-€24k
Taxes, remuneration and social security45€50k€57k▲
Taxes450/3€39k€39k▼
Remuneration and social security454/9€11k€19k▲
Other amounts payable47/48€13k€13k▲
Income statement
Code20242025
Non-recurring operating income76A-€83k
Remuneration, social security and pensions62€197k€259k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152k€145k▼
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A-€34k
Gross operating margin9900€460k€628k▲
Operating profit (loss)9901€107k€186k▲
Financial income75/76B€470€655▲
Recurring financial income75€470€655▲
Financial charges65/66B€77k€33k▼
Recurring financial charges65€77k€33k▼
Profit (loss) for the period before taxes9903€30k€154k▲
Income taxes67/77€11k€46k▲
Profit (loss) for the period9904€19k€107k▲
Profit (loss) for the period to be appropriated9905€19k€107k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€107k▲
Profit (loss) brought forward from the previous period14P-€-595
Transfer to equity691/2€18k€107k▲
To the legal reserve6920€0-
To other reserves6921€18k€107k▲
Profit to be distributed694/7€279€0▼
Other beneficiaries697€279€0▼
Social balance
Average headcount (FTE)90873.23.8▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
31-12
Financial
Highest result since 2019net €107k ▲476%
Operating result €186k, net result €107k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
31-12
Financial
Equity above €200kEq €230k ▲43.3%
5 profitable years in a row build equity to €230k.
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 52 days late
2022
31-12
Financial
Equity above €150kEq €160k ▲39%
4 profitable years in a row build equity to €160k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €15k ▼4.8%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 210 days late
2020
31-12
Financial
Equity above €100kEq €100k ▲19.1%
2 profitable years in a row build equity to €100k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wingene · 1 establishment unit since 2018
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.
Gravestraat 12A8750 WingeneGround area
901 m²
Building footprint
206 m²
Volume, LiDAR
1,305 m³
Parcel 37018C0233/00C002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BDGRO
since 20182.287.392.929
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018C0233/00C002 | Flanders | 901 m² | 1 · 206 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WAFCO
BE 0652.866.220
Geel · Eq €355k
AERTS GEERT
BE 0895.965.937
Laakdal · Eq €355k
RAF HENS
BE 0843.400.053
Kalmthout · Eq €356k
GRONDWERKEN SOETAERT
BE 0607.946.906
Moorslede · Eq €356k
TREBOR DE BACKER
BE 0452.041.180
Soignies · Eq €357k
Of 8,397 companies in sector 43120 we hold annual accounts for 3,204. 2,349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2018
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.