Summary
BE FIRE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.2m and a net result of €273,652. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 24% of 2445 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
10 d early
2023
7 d early
2022
20 d early
2021
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#6 company by total assets in Herve, Finance and insurance sector#10 company by equity in Herve, Finance and insurance sector
Equity
€2.2m▼ 9.3%
2024 · €2.4m
Net result
€273,652▼ 66.6%
2024 · €820,016
Total assets
€7.3m▼ 3.0%
2024 · €7.5m
Solvency
30.0%▼ 2.1pp
2024 · 32.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€58,639-€84,702▲ 44.4%€94,720▲ 11.8%€90,819▼ 4.1%€60,433▼ 33.5%
Net result€1,881below the sector's middle half-€1.7mabove the sector's middle half▲ 90,067%€1.8mabove the sector's middle half▲ 3.7%€820,016within the sector's middle half▼ 53.4%€273,652within the sector's middle half▼ 66.6%
Equity€1.2mabove the sector's middle half-€2.8mwithin the sector's middle half▲ 147%€3.6mwithin the sector's middle half▲ 26.6%€2.4mwithin the sector's middle half▼ 32.7%€2.2mwithin the sector's middle half▼ 9.3%
Total assets€5.3mabove the sector's middle half-€6.4mwithin the sector's middle half▲ 20.7%€6.8mwithin the sector's middle half▲ 6.2%€7.5mwithin the sector's middle half▲ 11.2%€7.3mwithin the sector's middle half▼ 3.0%
Debt€4.1m-€3.5m▼ 14.5%€3.2m▼ 10.2%€5.1m▲ 61.0%€5.1m=
Working capital-€1.6mbelow the sector's middle half--€1.1mbelow the sector's middle half▲ 31.0%-€1.7mbelow the sector's middle half▼ 50.8%-€3.1mbelow the sector's middle half▼ 81.8%-€3.5mbelow the sector's middle half▼ 14.3%
Solvency21.8%below the sector's middle half-44.6%within the sector's middle half▲ 22.8pp53.1%within the sector's middle half▲ 8.6pp32.1%within the sector's middle half▼ 21.0pp30.0%below the sector's middle half▼ 2.1pp
Current ratio0.15below the sector's middle half-0.25below the sector's middle half▲ 0.100.26below the sector's middle half=0.30below the sector's middle half▲ 0.050.24below the sector's middle half▼ 0.06
Return on assets (ROA)0.0%below the sector's middle half-26.5%above the sector's middle half▲ 26.5pp25.9%above the sector's middle half▼ 0.6pp10.9%above the sector's middle half▼ 15.0pp3.7%within the sector's middle half▼ 7.1pp
Staff (FTE)0.1below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result +90,067% on 2021. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.3m
Fixed assets
€6.2m =
Current assets
€1.1m ▼ 16.6%
Equity and liabilities €7.3m
Equity
€2.2m ▼ 9.3%
Debt
€5.1m =
Debt's share of the balance-sheet total rises from 67.9% to 70.0%. Equity is lower.
Key figures and ratios
ROE
12.4%▼
2024 · 33.8%
Debt ≤ 1 year
€4.7m▲
2024 · €4.5m
Debt > 1 year
€445,468▼
2024 · €663,780
Income taxes
€417▼
2024 · €10,010
Staff costs
€4,349
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €4,349 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €798 | €3,158 | €286 | €286 | €286 | = |
| Other operating charges640/8 | - | €200 | €200 | €200 | €200 | = |
| Gross operating margin9900 | €59,438 | €88,061 | €95,206 | €91,305 | €65,268 | ▼ 28.5% |
| Operating profit (loss)9901 | €58,639 | €84,702 | €94,720 | €90,819 | €60,433 | ▼ 33.5% |
| Financial income75/76B | - | €1.7m | €1.7m | €795,200 | €276,882 | ▼ 65.2% |
| Recurring financial income75 | - | €1.7m | €1.7m | €795,200 | €276,882 | ▼ 65.2% |
| Financial charges65/66B | - | €81,496 | €39,293 | €55,993 | €63,245 | ▲ 13.0% |
| Recurring financial charges65 | €51,731 | €81,496 | €39,293 | €55,993 | €63,245 | ▲ 13.0% |
| Profit (loss) for the period before taxes9903 | €6,909 | €1.7m | €1.8m | €830,025 | €274,069 | ▼ 67.0% |
| Income taxes67/77 | €5,028 | €19,660 | - | €10,010 | €417 | ▼ 95.8% |
| Profit (loss) for the period9904 | €1,881 | €1.7m | €1.8m | €820,016 | €273,652 | ▼ 66.6% |
| Profit (loss) for the period to be appropriated9905 | €1,881 | €1.7m | €1.8m | €820,016 | €273,652 | ▼ 66.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €6.4m | €6.8m | €7.5m | €7.3m | ▼ 3.0% |
| Formation expenses20 | €2,872 | - | - | - | - | - |
| Fixed assets21/28 | €5.0m | €6.0m | €6.2m | €6.2m | €6.2m | = |
| Tangible fixed assets22/27 | €1,332 | €1,046 | €760 | €473 | €187 | ▼ 60.5% |
| Plant, machinery and equipment23 | - | €1,046 | €760 | €473 | €187 | ▼ 60.5% |
| Financial fixed assets28 | €5.0m | €6.0m | €6.2m | €6.2m | €6.2m | = |
| Current assets29/58 | €290,101 | €387,098 | €594,357 | €1.4m | €1.1m | ▼ 16.6% |
| Amounts receivable within one year40/41 | €219,409 | €26,284 | €324,882 | €532,920 | €323,847 | ▼ 39.2% |
| Trade receivables40 | - | €23,370 | €2,146 | €27,896 | €59,292 | ▲ 113% |
| Other amounts receivable41 | - | €2,914 | €322,736 | €505,024 | €264,556 | ▼ 47.6% |
| Current investments50/53 | - | - | - | €174,636 | - | - |
| Cash at bank and in hand54/58 | €70,692 | €360,814 | €269,476 | €635,645 | €806,992 | ▲ 27.0% |
| Deferred charges and accrued income490/1 | - | - | - | €12,000 | €53 | ▼ 99.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €6.4m | €6.8m | €7.5m | €7.3m | ▼ 3.0% |
| Equity10/15 | €1.2m | €2.8m | €3.6m | €2.4m | €2.2m | ▼ 9.3% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €94 | €115,000 | €115,000 | €239,636 | €239,636 | = |
| Non-distributable reserves130/1 | - | €115,000 | €115,000 | €239,636 | €115,000 | ▼ 52.0% |
| Legal reserve130 | - | €115,000 | €115,000 | €115,000 | €115,000 | = |
| Reserves not available under the articles1311 | - | - | - | €124,636 | - | - |
| Distributable reserves133 | - | - | - | - | €124,636 | - |
| Profit (loss) carried forward14 | €1,787 | €1.6m | €2.3m | €1.0m | €810,021 | ▼ 21.8% |
| Amounts payable17/49 | €4.1m | €3.5m | €3.2m | €5.1m | €5.1m | = |
| Amounts payable after more than one year17 | €2.2m | €2.0m | €879,196 | €663,780 | €445,468 | ▼ 32.9% |
| Financial debts170/4 | - | €1.1m | €879,196 | €663,780 | €445,468 | ▼ 32.9% |
| Other amounts payable178/9 | - | €927,203 | - | - | - | - |
| Amounts payable within one year42/48 | €1.9m | €1.5m | €2.3m | €4.5m | €4.7m | ▲ 4.9% |
| Current portion of amounts payable after more than one year42 | - | €209,740 | €212,551 | €215,416 | €218,312 | ▲ 1.3% |
| Financial debts43 | - | - | - | €42,922 | €150,000 | ▲ 249% |
| Credit institutions430/8 | - | - | - | €42,922 | €150,000 | ▲ 249% |
| Trade debts44 | €71,642 | €32,178 | €28,479 | €29,239 | €77,335 | ▲ 164% |
| Suppliers440/4 | - | €32,178 | €28,479 | €29,239 | €77,335 | ▲ 164% |
| Taxes, remuneration and social security45 | - | €9,660 | €205,496 | €331,915 | €83,535 | ▼ 74.8% |
| Taxes450/3 | - | €9,660 | €205,496 | €331,915 | €81,953 | ▼ 75.3% |
| Remuneration and social security454/9 | - | - | - | - | €1,582 | - |
| Other amounts payable47/48 | - | €1.3m | €1.9m | €3.8m | €4.1m | ▲ 8.1% |
| Accrued charges and deferred income492/3 | - | €2,210 | €227 | - | €48 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,881 | €1.7m | €1.8m | €820,016 | €273,652 | ▼ 66.6% |
| + Depreciation and write-downs630 | €798 | €3,158 | €286 | €286 | €286 | = |
| Operating cash flow (approximation) | €2,679 | €1.7m | €1.8m | €820,302 | €273,939 | ▼ 66.6% |
| Investment in fixed assets (approximation) | - | -€1.0m | -€191,331 | €0 | -€181 | - |
| Change in cash | - | €290,122 | -€91,338 | €366,169 | €171,348 | ▼ 53.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
State Gazette act
Appointment: TP SQUARE CONSULTING (director)Permanent representative: COUASNARD Jean-Philippe · Capital · Power of attorney10 facts ▸
State Gazette act
Appointment: TP SQUARE CONSULTING (director)
Permanent representative: COUASNARD Jean-Philippe · Capital · Power of attorney10 facts ▸
- General meeting, 25-06-2026
- Other statement, première résolution:prise de connaissance rapport conseil d'administration, Conseil d'administration
- Other statement, suppression des classes d'actions, suppression des différents droits attachés aux classes d'actions
- Other statement, bureaux de Maître Anaïs SACCARO à Verviers, modalités rapport modifiant statuts
- Capital, €1.150.000
- Director appointment, TP SQUARE CONSULTING (director)
- Permanent representative, COUASNARD Jean-Philippe (permanent representative)
- Power of attorney
- Power of attorney, Anaïs SACCARO
- Shareholding, l’actionnaire
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2021net €1.8m ▲3.7%
Operating result €94,720, net result €1.8m, both a record.
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €2mEq €2.8m ▲147%
2 profitable years in a row build equity to €2.8m.
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
TP SQUARE CONSULTING
CurrentDirector · since 08-07-2026 · Private limited company · perm. rep.: COUASNARD Jean-Philippe
Permanent representatives 1
COUASNARD Jean-Philippe
CurrentPermanent representative · since 08-07-2026 · for TP SQUARE CONSULTING
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2020
Ground area
3,286 m²
Building footprint
2,337 m²
Volume, LiDAR
12,359 m³
Parcel 63035A0013/00R002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
BE FIRE
since 20202.304.799.083
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0013/00R002 | Wallonia | 3,285 m² | 1 · 2,337 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| TP SQUARE CONSULTING |
|
Articles of association
Who signs
“7) modification de l’article 17 des statuts "Représentation de la société" sous le titre IV "Administration et Représentation" En raison de la suppression des classes d’actions, il est proposé à l’assemblée générale de modifier l’article 17 des statuts comme suit : « Sauf délégations ou pouvoirs…”
Full text
7) modification de l’article 17 des statuts "Représentation de la société" sous le titre IV "Administration et Représentation" En raison de la suppression des classes d’actions, il est proposé à l’assemblée générale de modifier l’article 17 des statuts comme suit : « Sauf délégations ou pouvoirs particuliers, la société est valablement représentée en général, et notamment en tous recours judiciaires et administratifs tant en demandant qu'en défendant, ainsi qu'à tous actes et procurations, y compris ceux où intervient un fonctionnaire public ou un officier ministériel, par chaque administrateur individuellement. Les mandataires spéciaux disposeront du pouvoir de représentation dans le cadre de leur compétence.
Financial year
From 1 January to 31 December
Annual meeting
Last Friday of June at 20:00
Other statement
Droit de préférence en cas de souscriptions en espèces, 6
Nature des titres, 9
Réunions-délibérations-résolutions du conseil d’administration, moitié au moins des membres présents ou représentés
2 more provisions on this in the deed
Transfer restriction
11, président du tribunal de commerce statuant comme en référé
Board rule
Composition de l’organe d’administration, 12
Structure & network
Owners and holdings
1 holding · 3 subsidiaries in the treeOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
VH Consulting 100%2 subsidiaries
- JIDE 100%
- NEW BODART & GONAY 100%
According to the annual accounts to 30-06-2025 of BE FIRE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
DECISIVE EU HOLDINGS
Shared corporate director
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Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 08-07-2026 ↗
- l’actionnaire all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 08-07-2026 Capital stated in the act · 1,150,000 EUR · 1,150 shares
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 10,655 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-07-2020
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0749904030
Also
9925:BE0749904030
Registered
26-08-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.