BEARMC
ActiveSummary
BEARMC has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323,579 and a net result of €61,948. Equity is growing by ~62.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 4610 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 4.72 against 3.86 in 2024; short-term debt: 19.2% and cash: 13% of total assets), and 19.3% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
80.7%
Return on assets
15.4%
Age of the figures
9 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 17-09-2026, 48 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 · 6 filingsDeviation from the deadline
2025
48 d late
2024
29 d late
2023
30 d late
2022
12 d early
2021
24 d late
2020
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 9 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61,948▼ 61.8%
2024 · €162,091
Working capital
€287,163▲ 28.5%
2024 · €223,481
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,648▼ 90.8%€4,340▲ 19.0%€78,056▲ 1,699%€210,947▲ 170%€65,573▼ 68.9%
Net result€1,242▼ 96.1%€1,169▼ 5.9%€59,342▲ 4,978%€162,091▲ 173%€61,948▼ 61.8%
Equity€39,030▲ 3.3%€40,198▲ 3.0%€99,541▲ 148%€261,631▲ 163%€323,579▲ 23.7%
Total assets€102,799▲ 45.5%€80,712▼ 21.5%€138,931▲ 72.1%€339,874▲ 145%€401,202▲ 18.0%
Debt€63,770▲ 94.0%€40,513▼ 36.5%€39,391▼ 2.8%€78,243▲ 98.6%€77,623▼ 0.8%
Working capital€38,360▲ 4.9%€38,705▲ 0.9%€92,764▲ 140%€223,481▲ 141%€287,163▲ 28.5%
Staff (FTE)1=
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401,202
Fixed assets
€36,916 ▼ 3.2%
Current assets
€364,286 ▲ 20.7%
Equity and liabilities €401,202
Equity
€323,579 ▲ 23.7%
Debt
€77,623 ▼ 0.8%
Debt's share of the balance-sheet total falls from 23.0% to 19.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€74,958▼
2024 · €217,105
Cash flow
€71,332▼
2024 · €168,249
Current ratio
4.72▲
2024 · 3.86
Debt to equity
0.24▼
2024 · 0.30
ROE
19.1%▼
2024 · 62.0%
ROA
15.4%▼
2024 · 47.7%
Interest coverage
164.55▼
2024 · 225.69
Debt ≤ 1 year
€77,123▼
2024 · €78,243
Income taxes
€17,746▼
2024 · €56,044
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 | €29,604 | -€514 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €555 | €567 | €630 | €6,158 | €9,384 | ▲ 52.4% |
| Other operating charges640/8 | €1,255 | €3,694 | €922 | €1,191 | €786 | ▼ 34.0% |
| Gross operating margin9900 | €35,061 | €8,087 | €79,609 | €218,296 | €75,744 | ▼ 65.3% |
| Operating profit (loss)9901 | €3,648 | €4,340 | €78,056 | €210,947 | €65,573 | ▼ 68.9% |
| Financial income75/76B | €13 | €37 | €58 | €8,150 | €14,576 | ▲ 78.8% |
| Recurring financial income75 | €13 | €37 | €58 | €8,150 | €14,576 | ▲ 78.8% |
| Financial charges65/66B | €957 | €1,095 | €921 | €962 | €456 | ▼ 52.6% |
| Recurring financial charges65 | €957 | €1,095 | €921 | €962 | €456 | ▼ 52.6% |
| Profit (loss) for the period before taxes9903 | €2,703 | €3,282 | €77,194 | €218,135 | €79,694 | ▼ 63.5% |
| Income taxes67/77 | €1,461 | €2,113 | €17,851 | €56,044 | €17,746 | ▼ 68.3% |
| Profit (loss) for the period9904 | €1,242 | €1,169 | €59,342 | €162,091 | €61,948 | ▼ 61.8% |
| Profit (loss) for the period to be appropriated9905 | €1,242 | €1,169 | €59,342 | €162,091 | €61,948 | ▼ 61.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,799 | €80,712 | €138,931 | €339,874 | €401,202 | ▲ 18.0% |
| Fixed assets21/28 | €669 | €1,494 | €6,776 | €38,150 | €36,916 | ▼ 3.2% |
| Tangible fixed assets22/27 | €669 | €1,494 | €1,776 | €33,150 | €31,916 | ▼ 3.7% |
| Plant, machinery and equipment23 | - | €1,379 | €915 | €451 | €0 | ▼ 100% |
| Furniture and vehicles24 | €669 | €115 | €861 | €32,699 | €31,916 | ▼ 2.4% |
| Financial fixed assets28 | - | - | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €102,130 | €79,218 | €132,155 | €301,724 | €364,286 | ▲ 20.7% |
| Stocks and contracts in progress3 | €45,550 | €20,550 | - | - | - | - |
| Stocks30/36 | €45,550 | €20,550 | - | - | - | - |
| Amounts receivable within one year40/41 | €33,801 | €52,056 | €119,824 | €283,145 | €296,182 | ▲ 4.6% |
| Trade receivables40 | €28,592 | €45,739 | €85,246 | €7,920 | €17,635 | ▲ 123% |
| Other amounts receivable41 | €5,209 | €6,317 | €34,578 | €275,224 | €278,548 | ▲ 1.2% |
| Cash at bank and in hand54/58 | €20,277 | €4,265 | €10,296 | €9,667 | €52,177 | ▲ 440% |
| Deferred charges and accrued income490/1 | €2,502 | €2,347 | €2,034 | €8,912 | €15,927 | ▲ 78.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,799 | €80,712 | €138,931 | €339,874 | €401,202 | ▲ 18.0% |
| Equity10/15 | €39,030 | €40,198 | €99,541 | €261,631 | €323,579 | ▲ 23.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €32,830 | €33,998 | €93,341 | €255,431 | €317,379 | ▲ 24.3% |
| Amounts payable17/49 | €63,770 | €40,513 | €39,391 | €78,243 | €77,623 | ▼ 0.8% |
| Amounts payable within one year42/48 | €63,770 | €40,513 | €39,391 | €78,243 | €77,123 | ▼ 1.4% |
| Trade debts44 | €23,990 | €8,411 | €4,028 | €1,297 | €1,144 | ▼ 11.8% |
| Suppliers440/4 | €23,990 | €8,411 | €4,028 | €1,297 | €1,144 | ▼ 11.8% |
| Advances received on contracts in progress46 | €24,100 | €24,100 | - | - | - | - |
| Taxes, remuneration and social security45 | €11,977 | €8,002 | €35,363 | €76,946 | €75,980 | ▼ 1.3% |
| Taxes450/3 | €11,977 | €8,002 | €35,363 | €76,946 | €72,980 | ▼ 5.2% |
| Remuneration and social security454/9 | - | - | - | - | €3,000 | - |
| Other amounts payable47/48 | €3,703 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €500 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,242 | €1,169 | €59,342 | €162,091 | €61,948 | ▼ 61.8% |
| + Depreciation and write-downs630 | €555 | €567 | €630 | €6,158 | €9,384 | ▲ 52.4% |
| Operating cash flow (approximation) | €1,797 | €1,736 | €59,973 | €168,249 | €71,332 | ▼ 57.6% |
| Investment in fixed assets (approximation) | - | -€1,392 | -€5,913 | -€37,532 | -€8,151 | ▲ 78.3% |
| Change in cash | - | -€16,012 | €6,031 | -€629 | €42,510 | ▲ 6,855% |
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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2020net €162,091 ▲173%
Operating result €210,947, net result €162,091, both a record.
31-12
Financial
Equity above €200,000Eq €261,631 ▲163%
5 profitable years in a row build equity to €261,631.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €1,169 ▼5.9%
Net result drops to €1,169, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
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, Evere · 1 establishment unit since 2019
Ground area
240 m²
Building footprint
78 m²
Volume, LiDAR
572 m³
Parcel 21372D0132/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BEARMC
since 20192.289.370.640
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0132/00F003 | Brussels | 240 m² | 1 · 78 m² | 10.6 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 38,760 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
Founded02-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.