BE STRONG
ActiveSummary
BE STRONG has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,043 and a net result of €68,603. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 2067 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency27▼-21
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.57 against 1.78 in 2024; short-term debt: 38.2% and cash: 14.2% of total assets), and 97.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
2.4%
Return on assets
6.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2067 sector peers (2025).
NBB · sector comparisonPosition among 2067 sector peers
Solvency
better than 19%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
3 d early
2023
7 d early
2022
21 d early
2021
23 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 12 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€25,043▼ 88.8%
2024 · €224,170
Total assets
€1.1m▲ 6.2%
2024 · €992,225
Net result
€68,603▲ 27.5%
2024 · €53,827
Working capital
-€172,670
2024 · €73,032
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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€25,127-€41,516▲ 65.2%€123,890▲ 198%€87,273▼ 29.6%€113,026▲ 29.5%
Net result€16,324within the sector's middle half-€32,789above the sector's middle half▲ 101%€104,463above the sector's middle half▲ 219%€53,827above the sector's middle half▼ 48.5%€68,603above the sector's middle half▲ 27.5%
Equity€34,724within the sector's middle half-€66,713within the sector's middle half▲ 92.1%€170,343above the sector's middle half▲ 155%€224,170above the sector's middle half▲ 31.6%€25,043within the sector's middle half▼ 88.8%
Total assets€725,317above the sector's middle half-€742,100above the sector's middle half▲ 2.3%€822,117above the sector's middle half▲ 10.8%€992,225above the sector's middle half▲ 20.7%€1.1mabove the sector's middle half▲ 6.2%
Debt€690,593-€675,387▼ 2.2%€651,773▼ 3.5%€768,055▲ 17.8%€1.0m▲ 34.0%
Working capital-€14,349-€20,403€118,134▲ 479%€73,032▼ 38.2%-€172,670
Solvency4.8%below the sector's middle half-9.0%below the sector's middle half▲ 4.2pp20.7%within the sector's middle half▲ 11.7pp22.6%within the sector's middle half▲ 1.9pp2.4%below the sector's middle half▼ 20.2pp
Staff (FTE)0.3-1.1▲ 267%1.1=0.8▼ 27.3%0.8=
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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 recovers in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€824,281 ▼ 0.2%
Current assets
€229,673 ▲ 37.9%
Equity and liabilities €1.1m
Equity
€25,043 ▼ 88.8%
Debt
€1.0m ▲ 34.0%
Debt's share of the balance-sheet total rises from 77.4% to 97.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€178,710▲
2024 · €150,796
Cash flow
€134,287▲
2024 · €117,350
Current ratio
0.57▼
2024 · 1.78
Debt to equity
41.09▲
2024 · 3.43
ROE
273.9%▲
2024 · 24.0%
ROA
6.5%▲
2024 · 5.4%
Interest coverage
8.36▲
2024 · 6.58
Debt ≤ 1 year
€402,343▲
2024 · €93,516
Debt > 1 year
€618,001▼
2024 · €664,834
Income taxes
€25,220▲
2024 · €12,864
Staff costs
€56,085▲
2024 · €45,017
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,151 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 | €43,697 | €37,971 | €39,767 | €45,017 | €56,085 | ▲ 24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,984 | €47,528 | €55,871 | €63,523 | €65,684 | ▲ 3.4% |
| Other operating charges640/8 | €3,094 | €2,680 | €3,093 | €3,349 | €3,593 | ▲ 7.3% |
| Non-recurring operating charges66A | - | - | - | - | €13,175 | - |
| Gross operating margin9900 | €116,902 | €129,695 | €222,621 | €199,162 | €251,562 | ▲ 26.3% |
| Operating profit (loss)9901 | €25,127 | €41,516 | €123,890 | €87,273 | €113,026 | ▲ 29.5% |
| Financial income75/76B | €2,069 | €2,377 | €393 | €2,348 | €2,167 | ▼ 7.7% |
| Recurring financial income75 | €2,069 | €2,377 | €393 | €2,348 | €2,167 | ▼ 7.7% |
| Financial charges65/66B | €10,727 | €10,963 | €15,587 | €22,931 | €21,370 | ▼ 6.8% |
| Recurring financial charges65 | €10,727 | €10,963 | €15,587 | €22,931 | €21,370 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | €16,470 | €32,929 | €108,696 | €66,690 | €93,823 | ▲ 40.7% |
| Income taxes67/77 | €146 | €140 | €4,233 | €12,864 | €25,220 | ▲ 96.1% |
| Profit (loss) for the period9904 | €16,324 | €32,789 | €104,463 | €53,827 | €68,603 | ▲ 27.5% |
| Profit (loss) for the period to be appropriated9905 | €16,324 | €32,789 | €104,463 | €53,827 | €68,603 | ▲ 27.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €725,317 | €742,100 | €822,117 | €992,225 | €1.1m | ▲ 6.2% |
| Fixed assets21/28 | €684,401 | €678,050 | €645,199 | €825,676 | €824,281 | ▼ 0.2% |
| Intangible fixed assets21 | €2,403 | €5,907 | €9,983 | €7,243 | €4,504 | ▼ 37.8% |
| Tangible fixed assets22/27 | €681,998 | €672,143 | €635,216 | €818,433 | €819,778 | ▲ 0.2% |
| Land and buildings22 | €610,162 | €584,710 | €559,258 | €745,659 | €722,571 | ▼ 3.1% |
| Plant, machinery and equipment23 | €71,835 | €57,408 | €52,326 | €50,421 | €86,949 | ▲ 72.4% |
| Furniture and vehicles24 | - | €30,025 | €23,632 | €22,353 | €10,258 | ▼ 54.1% |
| Current assets29/58 | €40,916 | €64,050 | €176,918 | €166,548 | €229,673 | ▲ 37.9% |
| Amounts receivable within one year40/41 | €13,746 | €17,325 | €27,335 | €14,651 | €79,159 | ▲ 440% |
| Trade receivables40 | €13,402 | €16,066 | €8,582 | €1,939 | €46,464 | ▲ 2,297% |
| Other amounts receivable41 | €344 | €1,259 | €18,754 | €12,713 | €32,695 | ▲ 157% |
| Current investments50/53 | - | - | €70,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €26,563 | €44,324 | €76,912 | €149,437 | €149,486 | = |
| Deferred charges and accrued income490/1 | €607 | €2,401 | €2,671 | €2,460 | €1,029 | ▼ 58.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €725,317 | €742,100 | €822,117 | €992,225 | €1.1m | ▲ 6.2% |
| Equity10/15 | €34,724 | €66,713 | €170,343 | €224,170 | €25,043 | ▼ 88.8% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €14,500 | €46,300 | €150,300 | €204,127 | €5,000 | ▼ 97.6% |
| Distributable reserves133 | €14,500 | €46,300 | €150,300 | €204,127 | €5,000 | ▼ 97.6% |
| Profit (loss) carried forward14 | €224 | €413 | €43 | €43 | €43 | = |
| Amounts payable17/49 | €690,593 | €675,387 | €651,773 | €768,055 | €1.0m | ▲ 34.0% |
| Amounts payable after more than one year17 | €635,328 | €631,740 | €586,092 | €664,834 | €618,001 | ▼ 7.0% |
| Financial debts170/4 | €444,420 | €437,493 | €402,527 | €504,502 | €481,458 | ▼ 4.6% |
| Other amounts payable178/9 | €190,908 | €194,247 | €183,565 | €160,332 | €136,544 | ▼ 14.8% |
| Amounts payable within one year42/48 | €55,265 | €43,646 | €58,784 | €93,516 | €402,343 | ▲ 330% |
| Current portion of amounts payable after more than one year42 | €28,510 | €34,473 | €34,966 | €43,326 | €50,347 | ▲ 16.2% |
| Trade debts44 | €19,392 | €1,814 | €1,449 | €24,442 | €42,381 | ▲ 73.4% |
| Suppliers440/4 | €19,392 | €1,814 | €1,449 | €24,442 | €42,381 | ▲ 73.4% |
| Taxes, remuneration and social security45 | €4,177 | €3,826 | €18,815 | €17,410 | €29,261 | ▲ 68.1% |
| Taxes450/3 | €2,478 | €440 | €14,338 | €10,838 | €26,873 | ▲ 148% |
| Remuneration and social security454/9 | €1,698 | €3,386 | €4,477 | €6,571 | €2,388 | ▼ 63.7% |
| Other amounts payable47/48 | €3,186 | €3,533 | €3,555 | €8,337 | €280,355 | ▲ 3,263% |
| Accrued charges and deferred income492/3 | - | - | €6,897 | €9,704 | €8,567 | ▼ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,324 | €32,789 | €104,463 | €53,827 | €68,603 | ▲ 27.5% |
| + Depreciation and write-downs630 | €44,984 | €47,528 | €55,871 | €63,523 | €65,684 | ▲ 3.4% |
| Operating cash flow (approximation) | €61,308 | €80,318 | €160,334 | €117,350 | €134,287 | ▲ 14.4% |
| Investment in fixed assets (approximation) | - | -€41,178 | -€23,020 | -€244,001 | -€64,289 | ▲ 73.7% |
| Change in cash | - | €17,761 | €32,588 | €72,525 | €48 | ▼ 99.9% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €224,170 ▲31.6%
4 profitable years in a row build equity to €224,170.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €104,463 ▲219%
Operating result €123,890, net result €104,463, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.47 to 3.01.
31-12
Financial
Equity above €150,000Eq €170,343 ▲155%
3 profitable years in a row build equity to €170,343.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Wervik · 1 establishment unit since 2020
Ground area
328 m²
Building footprint
75 m²
Volume, LiDAR
488 m³
Parcel 33029B0896/00W003, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BE STRONG
since 20202.307.112.435
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0896/00W003 | Flanders | 328 m² | 1 · 75 m² | 9.8 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 468 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 468 EUR | 0 EUR |
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Of 13,506 companies in sector 85510 we hold annual accounts for 720. 601 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
85510Sports and recreation education
93199Other sports activities
47639Retail sale of other sporting goods
93110Operation of sports facilities
93130Fitness centres
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753627840
Also
9925:BE0753627840
Registered
03-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.