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BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Active Private limited companyfounded 1987active for 39 yearsDa Vincilaan 9, 1930 ZaventemKBO/BCE: BE 0431.088.289 subsidiary of Michaël Delbeke Bedrijfsrevisor#3 company by staff growth in Flemish Brabant, Legal and accounting sector
Part of the group Michaël Delbeke Bedrijfsrevisor 11 companies in 2 countries
See the group

Lifetime

17 annual accounts with figures on one time axis, 39 filings since 1987
peak €47.6m (2025)
€47.6m▲ 13.2%
peak €193,762 (2009)
€5,213▼ 91.8%
peak €1.5m (2020)
€1.5m▲ 0.4%
€28.9m▲ 20.2%
peak 186.5 FTE (2025)
186.5 FTE▲ 5.1%
Board113 names since 2006all names
33 directorsCS Réviseurs d'Entreprises and 32 others
Owners5 names in the annual accounts
Documentsfilings and deeds
21-04-20269 days before the deadline
2025financial year
Turnover from €42.1m to €47.6mResult from €63,591 to €5,2135 directors appointed, 1 resignation 21-05Debts from €24.1m to €28.9m

Key points

from the 2025 annual accounts

Equity

€1.5m ▲ 0.4%

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES has made a profit in every financial year since 2008.

Result

€5,213 ▼ 91.8%
€63,6002024€5,2102025

The result fell in 2025 from €63,591 to €5,213.

Debts

€28.9m 94% of the balance sheet
Suppliers 42%Taxes and wages 13%Other 45%

Of this, €28.9m falls due within a year.

Payment terms

127 days to suppliers
Suppliers
95 to 127
Customers
114 to 128

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES pays its suppliers 32 days later than in 2024. Customers pay 14 days later.

Board

6 joined · 1 left

Board changed. Latest change 01-11-2026 · 37 in office.

Checked score

81
Excellent
Financially stronger than 20% of medium-sized companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 94 companies (NACE 69, medium-sized).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.5%▼ -0.2 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%▼ -0.3 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value

Financial strength
Weak

30-1equity 4.7% of total assets
0=short-term debt 93.8%
28-8return on assets 0.0%

Score breakdown

raises risk
Liquidity: current ratio 1.04
Equity €1.5m (4.7% of total assets)
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: turnover €47.6m, 186.5 FTE, total assets €30.8m
Calculation

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, medium-sized). It does better than 14% of them on solvency, 2% on liquidity, 11% on profitability and 52% on growth.

The bankruptcy probability was computed on 06-11-2026 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 30-09-2025.

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).

Comparable companies, two years later

In July 2024, 208 companies had the same profile as BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES has now. Each dot is one company, two years later.

99.0%
were still trading
0.0%
stopped another way
0.5%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES itself: 0.4% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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%

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 208 companies, not a prediction for BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES. 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.

Credit verdict

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.04 (1.04 in 2024), below the usual 1.5. Short-term debt is 93.8% of total assets. 95.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.04
NBB · annual accounts
raises risk · Equity €1.5m (4.7% of total assets)
NBB · annual accounts
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Size: turnover €47.6m, 186.5 FTE, total assets €30.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1056 sector peers (2025).
NBB · sector comparison
Position among 1056 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
7 days early
2023
11 days early
2022
11 days early
2021
9 days early
2020
18 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BB
Managing director, VANDENBROECK Johan Francis Theo Irma
VC
Managing director
VC
Veerle Cathy
Managing director, CATRY Veerle Lieve Lucia
AP
Director
MA
Auditor
and 34 othersBoard & ownership

Recent changes

Capital increase of €2,500 1 new share · Resignation: H. HERIJGERS (director) · Permanent representatives: HERIJGERS Hendrikus Cornelis Jacobus, WAMBEKE Gauthier Olivier Benjamin, VAN IMPE Joachim, ALLEGAERT Mathias Etienne Toon, LUCAS Mélissa and FEYS Barbara Herna Willem · General meeting of 30-09-2026 · Gazette deed
New establishment in Leuven Kolonel Begaultlaan 1C
5 directors appointed, 3 resignations, 1 statutory auditor reappointed Permanent representatives: Johan Vandenbroeck, Karen Keuleers, Denis Ancion, Guillaume Rosolen, Jef Neefs and Dave Minnoy · Resignations: Veerle Catry CommV (managing director), Finstat CommV and Audassur CommV · Appointments: Michaël Delbeke Bedrijfsrevisor BV (managing director), DAKSAR Rev&Co BV, RG CONSULT CommV, Jef Neefs Bedrijfsrevisor BV and D.M. Bedrijfsrevisor BV · General meeting of 25-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0431088289
All 96 events

Comparable companies

same main activity, similar in size and age
Company
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES Zaventem €47.6m 0.6% 4.7% 186.5
Moore Audit Brussels €26.3m 16.2% 54.5% 98.8
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises Zaventem €98.1m 10.1% 16.7% 335.5
KPMG Bedrijfsrevisoren Zaventem €104.7m 3.4% 8.0% 480.1
CALLENS VANDELANOTTE Kortrijk €14.2m 11.9% 29.0% 63.7
Ernst en Young Bedrijfsrevisoren Machelen (Brab.) €144.6m 1.4% 16.3% 536
Forvis Mazars Bedrijfsrevisoren Saint-Josse-ten-Noode €25.5m 1.8% 2.0% 150.4
-10%0%10%20%€1m€10m€100mBDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESEBIT margin

Grey: the largest companies of the sector (legal and accounting (NACE 69)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES: activities of company auditors (NACE 69203). They are comparable in size and age: total assets between €11m and €78m, founded between 1978 and 1994.

Official details

Source: KBO
Status
Active since 15-05-1987Normal situation
Registered office
39 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 6 November 2026.
Activity
Activities of company auditorsNACE 69203
Joint committee
336Liberal professions · annual accounts 30-09-2025
Establishment units
2.144.838.1652600 Antwerp, since 25-01-2005
2.144.838.4629090 Merelbeke-Melle, since 25-01-2005and 8 others
Financial year end
30 September
Peppol
Reachable since 17-12-2025
Company details

Annual accounts to 30-09-2025

€30.8m▲ 19.2%
Employeeson 30-09-2025
169▲ 7.0%
Filing
Filed on 21-04-2026, 9 days before the end of the filing period
Financials

Insights on BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES has existed since 1987. Turnover grew from €14.8m in 2008 to €47.6m in 2025 and staff from 67.7 to 186.5 full-time equivalents.

Turnover has grown every year since 2019.

Michaël Delbeke Bedrijfsrevisor holds all the shares. In 2024, three directors stepped down. In May 2026, the Official Gazette published the appointment of Michaël Delbeke Bedrijfsrevisor BV as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

What is the company number of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES?
The company number of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES is 0431.088.289. The VAT number is the same number with BE in front: BE 0431.088.289.
Where is BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES based?
The registered office is at Da Vincilaan 9, 1930 Zaventem.Company details
What does BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES do?
According to the KBO register, the main activity is activities of company auditors (NACE 69203).
What is the legal form of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES?
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES is a private limited company (BV).
When was BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES founded?
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES was founded on 15-05-1987.
Is BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES still active?
Yes, BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES is an active enterprise in the KBO register.
How many employees does BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES have?
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES had an average of 186.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES fall under?
In its 30-09-2025 annual accounts, BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES states joint committee 336 (Liberal professions).
What is the turnover of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES?
The turnover of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES was €47.6m in financial year 2025, according to the filed annual accounts.
Is BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES profitable?
In financial year 2025, BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES made a profit of €5,213.
Where can I find the annual accounts of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES?
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES due?
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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