BE LIGHTING SOLUTIONS
ActiveSummary
BE LIGHTING SOLUTIONS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,195 and a net result of -€6,511. Equity is shrinking by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-1
Solvency49▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.24 in 2024; short-term debt: 75.6% and cash: 2.4% of total assets), and 75.6% of the assets are financed with debt.
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Signals
Six 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
24.4%
Return on assets
-8.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,511
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
1 d early
2022
151 d late
2021
17 d late
2020
30 d early
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€18,195▼ 26.4%
2024 · €24,706
Total assets
€74,682▼ 18.7%
2024 · €91,904
Net result
-€6,511▲ 6.9%
2024 · -€6,994
Working capital
-€54,708▼ 6.6%
2024 · -€51,307
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€12,013▼ 135%-€14,566▼ 21.3%-€6,197▲ 57.5%-€6,739▼ 8.7%-€6,286▲ 6.7%
Net result-€12,312below the sector's middle half▼ 108%-€14,686below the sector's middle half▼ 19.3%-€6,197below the sector's middle half▲ 57.8%-€6,994below the sector's middle half▼ 12.9%-€6,511below the sector's middle half▲ 6.9%
Equity€52,584within the sector's middle half▼ 19.0%€37,898within the sector's middle half▼ 27.9%€31,700within the sector's middle half▼ 16.4%€24,706within the sector's middle half▼ 22.1%€18,195within the sector's middle half▼ 26.4%
Total assets€114,485within the sector's middle half▼ 16.1%€102,846within the sector's middle half▼ 10.2%€99,971within the sector's middle half▼ 2.8%€91,904within the sector's middle half▼ 8.1%€74,682within the sector's middle half▼ 18.7%
Debt€61,901▼ 13.6%€64,948▲ 4.9%€68,270▲ 5.1%€67,198▼ 1.6%€56,487▼ 15.9%
Working capital-€32,759below the sector's middle half▼ 39.1%-€44,335below the sector's middle half▼ 35.3%-€47,423below the sector's middle half▼ 7.0%-€51,307below the sector's middle half▼ 8.2%-€54,708below the sector's middle half▼ 6.6%
Solvency45.9%within the sector's middle half▼ 1.6pp36.8%within the sector's middle half▼ 9.1pp31.7%within the sector's middle half▼ 5.1pp26.9%within the sector's middle half▼ 4.8pp24.4%within the sector's middle half▼ 2.5pp
Current ratio0.47below the sector's middle half▼ 0.200.32below the sector's middle half▼ 0.150.31below the sector's middle half▼ 0.010.24below the sector's middle half▼ 0.070.03below the sector's middle half▼ 0.20
Return on assets (ROA)-10.8%below the sector's middle half▼ 6.4pp-14.3%below the sector's middle half▼ 3.5pp-6.2%below the sector's middle half▲ 8.1pp-7.6%below the sector's middle half▼ 1.4pp-8.7%below the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,286 in 2025 against €6,739 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,682
Fixed assets
€72,903 ▼ 4.1%
Current assets
€1,778 ▼ 88.8%
Equity and liabilities €74,682
Equity
€18,195 ▼ 26.4%
Debt
€56,487 ▼ 15.9%
Debt's share of the balance-sheet total rises from 73.1% to 75.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,176▲
2024 · -€3,629
Cash flow
-€3,401▲
2024 · -€3,884
Debt to equity
3.10▲
2024 · 2.72
ROE
-35.8%▼
2024 · -28.3%
Interest coverage
-14.12▲
2024 · -14.23
Debt ≤ 1 year
€56,487▼
2024 · €67,198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.6%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 2,165 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €686 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,110 | €3,110 | €3,110 | €3,110 | €3,110 | = |
| Other operating charges640/8 | €2,879 | €3,293 | €1,644 | - | €2,693 | - |
| Gross operating margin9900 | -€6,024 | -€8,163 | -€1,444 | -€2,943 | -€484 | ▲ 83.6% |
| Operating profit (loss)9901 | -€12,013 | -€14,566 | -€6,197 | -€6,739 | -€6,286 | ▲ 6.7% |
| Financial charges65/66B | €236 | €120 | - | €255 | €225 | ▼ 11.8% |
| Recurring financial charges65 | €236 | €120 | - | €255 | €225 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | -€12,249 | -€14,686 | -€6,197 | -€6,994 | -€6,511 | ▲ 6.9% |
| Income taxes67/77 | €63 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€12,312 | -€14,686 | -€6,197 | -€6,994 | -€6,511 | ▲ 6.9% |
| Profit (loss) for the period to be appropriated9905 | -€12,312 | -€14,686 | -€6,197 | -€6,994 | -€6,511 | ▲ 6.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114,485 | €102,846 | €99,971 | €91,904 | €74,682 | ▼ 18.7% |
| Fixed assets21/28 | €85,343 | €82,233 | €79,123 | €76,013 | €72,903 | ▼ 4.1% |
| Tangible fixed assets22/27 | €85,189 | €82,079 | €78,969 | €75,859 | €72,750 | ▼ 4.1% |
| Land and buildings22 | €85,189 | €82,079 | €78,969 | €75,859 | €72,750 | ▼ 4.1% |
| Financial fixed assets28 | €154 | €154 | €154 | €154 | €154 | = |
| Current assets29/58 | €29,142 | €20,613 | €20,848 | €15,891 | €1,778 | ▼ 88.8% |
| Stocks and contracts in progress3 | €3,528 | - | - | - | - | - |
| Stocks30/36 | €3,528 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €21,623 | €16,351 | €16,586 | €15,395 | - | - |
| Trade receivables40 | €13,310 | €9,450 | €9,450 | €9,450 | - | - |
| Other amounts receivable41 | €8,314 | €6,901 | €7,136 | €5,946 | - | - |
| Cash at bank and in hand54/58 | €3,991 | €4,262 | €4,262 | €496 | €1,778 | ▲ 259% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114,485 | €102,846 | €99,971 | €91,904 | €74,682 | ▼ 18.7% |
| Equity10/15 | €52,584 | €37,898 | €31,700 | €24,706 | €18,195 | ▼ 26.4% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €35,724 | €21,038 | €14,840 | €7,846 | €1,335 | ▼ 83.0% |
| Amounts payable17/49 | €61,901 | €64,948 | €68,270 | €67,198 | €56,487 | ▼ 15.9% |
| Amounts payable within one year42/48 | €61,901 | €64,948 | €68,270 | €67,198 | €56,487 | ▼ 15.9% |
| Trade debts44 | €4,992 | €4,274 | €7,596 | €766 | €651 | ▼ 15.1% |
| Suppliers440/4 | €4,992 | €4,274 | €7,596 | €766 | €651 | ▼ 15.1% |
| Other amounts payable47/48 | €56,909 | €60,675 | €60,675 | €66,432 | €55,836 | ▼ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,312 | -€14,686 | -€6,197 | -€6,994 | -€6,511 | ▲ 6.9% |
| + Depreciation and write-downs630 | €3,110 | €3,110 | €3,110 | €3,110 | €3,110 | = |
| Operating cash flow (approximation) | -€9,202 | -€11,577 | -€3,087 | -€3,884 | -€3,401 | ▲ 12.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €271 | €0 | -€3,767 | €1,283 | ▲ 134% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
22-07
State Gazette act
Resignation: Mousa Abdalla Al-Azeh Ala (director)Appointment: Bouihrouchane El Bachir (director) · Share transfer · Shareholding6 facts ▸
State Gazette act
Resignation: Mousa Abdalla Al-Azeh Ala (director)
Appointment: Bouihrouchane El Bachir (director) · Share transfer · Shareholding6 facts ▸
- General meeting, 31-12-2025
- Director resignation, Mousa Abdalla Al-Azeh Ala (director)
- Director appointment, Bouihrouchane El Bachir (director)
- Share transfer, Mousa Abdalla Al-Azeh Ala → Bouihrouchane El Bachir
- Shareholding, 31-12-2025, actions
- Shareholding, 31-12-2025, actions
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial
Weakest financial yearnet -€14,686
Net result drops to -€14,686, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 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
Bouihrouchane El Bachir
CurrentDirector · since 01-01-2026
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
2 of this company's 3 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, Anderlecht · 1 establishment unit since 2014
Ground area
447 m²
Building footprint
360 m²
Volume, LiDAR
7,430 m³
Parcel 21305B0204/00H024, Brussels · tallest building 27.4 m, ±8 floors. Linked by address, not a title deed.
47
companies at this address
See who is registered here
1 establishment unit
BE LIGHTING SOLUTIONS
since 20142.228.672.790
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0204/00H024 | Brussels | 447 m² | 1 · 360 m² | 27.4 m · 8 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
2 people since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bouihrouchane El Bachir |
|
| Mousa Abdalla Al-Azeh Ala |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 22-07-2026 ↗
- Mousa Abdalla Al-Azeh Ala
- Bouihrouchane El Bachir 1,000 shares
Share transfer
act of 22-07-2026 ↗
- Mousa Abdalla Al-Azeh Ala to Bouihrouchane El Bachir 1,000 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Of 1,136 companies in this sector we hold annual accounts for 647. 368 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded20-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
47552Retail sale of lighting equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0546766828
Also
9925:BE0546766828
Registered
09-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.