BEARS ESTATES
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
BEARS ESTATES has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,552) and a net result of -€1,450. The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 29-07-2024 Normal situation
- Activity
- “De samenstelling en het beheer van een onroerend vermogen en de huurfinanciering en leasing…” (deed in Dutch)From the articles, 2 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.362.182.206 1150 Sint-Pieters-Woluwe, since 29-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €41,473
- ▲ 794%
- Turnover
- ≈ €170,000
- estimated
- Loss
- €1,450
- ▼ 98.3%
- Equity
- -€36,552
- ▼ 4.1%
- Total assets
- €613,629
- ▼ 2.4%
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.71, cash €3,925Founded in 2024lowers riskSize: total assets €613,629No main activity registeredShow the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro). It does better than 13% of them on solvency, 39% on liquidity, 22% on profitability and 33% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 8 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a profit of €20,346, after a loss of €77,780 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 1,251 companies had the same profile as BEARS ESTATES has now. Two years later, 1.0% had gone bankrupt and 96.6% were still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BEARS ESTATES itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 1,251 companies, not a prediction for BEARS ESTATES. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,963 | €14,610 | ▲ 194% |
| Other operating charges640/8 | €77,456 | €6,517 | ▼ 91.6% |
| Gross operating margin9900 | €4,639 | €41,473 | ▲ 794% |
| Operating profit (loss)9901 | -€77,780 | €20,346 | - |
| Financial income75/76B | €708 | €0 | ▼ 100% |
| Recurring financial income75 | €708 | €0 | ▼ 100% |
| Financial charges65/66B | €8,029 | €21,796 | ▲ 171% |
| Recurring financial charges65 | €8,029 | €21,796 | ▲ 171% |
| Profit (loss) for the period before taxes9903 | -€85,102 | -€1,450 | ▲ 98.3% |
| Profit (loss) for the period9904 | -€85,102 | -€1,450 | ▲ 98.3% |
| Profit (loss) for the period to be appropriated9905 | -€85,102 | -€1,450 | ▲ 98.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €628,481 | €613,629 | ▼ 2.4% |
| Fixed assets21/28 | €580,037 | €565,427 | ▼ 2.5% |
| Tangible fixed assets22/27 | €580,037 | €565,427 | ▼ 2.5% |
| Land and buildings22 | €580,037 | €565,427 | ▼ 2.5% |
| Current assets29/58 | €48,443 | €48,203 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €46,008 | €44,000 | ▼ 4.4% |
| Trade receivables40 | - | €44,000 | - |
| Other amounts receivable41 | €46,008 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €436 | €3,925 | ▲ 801% |
| Deferred charges and accrued income490/1 | €2,000 | €278 | ▼ 86.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €628,481 | €613,629 | ▼ 2.4% |
| Equity10/15 | -€35,102 | -€36,552 | ▼ 4.1% |
| Contributions10/11 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€85,102 | -€86,552 | ▼ 1.7% |
| Amounts payable17/49 | €663,583 | €650,182 | ▼ 2.0% |
| Amounts payable after more than one year17 | €605,050 | €581,654 | ▼ 3.9% |
| Financial debts170/4 | €605,050 | €581,654 | ▼ 3.9% |
| Amounts payable within one year42/48 | €58,533 | €68,128 | ▲ 16.4% |
| Current portion of amounts payable after more than one year42 | €22,593 | €23,396 | ▲ 3.6% |
| Trade debts44 | - | €794 | - |
| Suppliers440/4 | - | €794 | - |
| Other amounts payable47/48 | €35,940 | €43,938 | ▲ 22.3% |
| Accrued charges and deferred income492/3 | - | €400 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€85,102 | -€1,450 | ▲ 98.3% |
| + Depreciation and write-downs630 | €4,963 | €14,610 | ▲ 194% |
| Operating cash flow (approximation) | -€80,139 | €13,160 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €3,489 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- BEA Ian Roy founder
- BEA Mateo Rafael founder
- BEA Maria Renée Bautista founder
Capital transactions
- 31-07-2024 Incorporation · €50,000
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BEA Ian Roy |
|
| BEA Maria Renée Bautista |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden van bestuurders toegekend,met mogelijkheid…”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “In vormen vereist voor statutenwijziging, op elk moment”
Articles of association, deed of 31-07-2024 (in Dutch)
Network & group
BEARS ESTATES shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of BEARS ESTATES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
31-07
Gazette deed
IncorporationAppointments: BEA Ian Roy (director) and BEA Maria Renée Bautista (director) · Founder · Founding capital7 points ▸
- Incorporation, 25-07-2024
- Founder, BEA Ian Roy
- Founder, BEA Mateo Rafael
- Founder, BEA Maria Renée Bautista
- Founding capital, €50,000
- Director appointment, BEA Ian Roy (director (not named in the articles))
- Director appointment, BEA Maria Renée Bautista (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
2 activities
- De samenstelling en het beheer van een onroerend vermogen en de huurfinanciering en leasing van onroerende goederen,het verwerven door aankoop of anderszins,het verkopen,het ruilen,het bouwen,het afbreken,het verbouwen,het verbeteren,het in stand houden,het uitrusten,het inrichten,het aanpassen,het verfraaien,het onderhouden,het herstellen,het valoriseren,het ontwikkelen,het verhuren,het laten gebruiken op alle mogelijke wijzen,het huren,het beheren,het verkavelen,het prospecteren en het uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met deze activiteiten in verband staan en die van aard zijn de uitbreiding en de opbrengst van de onroerende goederen te bevorderen;
- Een patrimonium bestaande uit eigen onroerende en roerende goederen te verwerven,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden;
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21683D0232/00Z003 | Brussels | 1,792 m² | 1 · 1,110 m² | 23.0 m · 6 |