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Beauforce

Active
Private limited companyfounded 2024active for 2 yearsHollebekestraat 2, 8210 Zedelgem, BelgiumKBO/BCE: BE 1009.061.603

Financials · financial year 2025, micro format

2025 annual accounts filed 74 days after the deadline Filed on 13 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00557687.

Annual accounts 2025 filed on 13-10-2026 at the NBB

Equity
-€149,367
Total assets
€448,353
Net result
-€154,367
Working capital
-€189,996

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €448,353
Fixed assets €388,546
Current assets €59,808
Equity and liabilities
Equity-€149,367
Debt€597,720
Equity is negative. Debt (€597,720) exceeds the balance-sheet total (€448,353).
Key figures and ratios
2025 value
EBITDA
-€76,149
Cash flow
-€107,365
Solvency
-33.3%
Current ratio
0.24
ROA
-34.4%
Interest coverage
-2.44
Debt
€597,720
Debt ≤ 1 year
€249,804
Debt > 1 year
€347,916
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€435,547
Depreciation and write-downs of the year€47,002

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€448,353
Fixed assets21/28€388,546
Tangible fixed assets22/27€388,546
Land and buildings22€295,610
Plant, machinery and equipment23€6,044
Furniture and vehicles24€3,166
Other tangible fixed assets26€83,726
Current assets29/58€59,808
Amounts receivable within one year40/41€46,350
Trade receivables40€44,431
Other amounts receivable41€1,920
Cash at bank and in hand54/58€11,708
Deferred charges and accrued income490/1€1,750
Equity and liabilities
Total equity and liabilities10/49€448,353
Equity10/15-€149,367
Contributions10/11€5,000
Profit (loss) carried forward14-€154,367
Amounts payable17/49€597,720
Amounts payable after more than one year17€347,916
Financial debts170/4€347,916
Amounts payable within one year42/48€249,804
Current portion of amounts payable after more than one year42€21,421
Financial debts43€50,000
Credit institutions430/8€50,000
Trade debts44€45,153
Suppliers440/4€45,153
Advances received on contracts in progress46€10,662
Taxes, remuneration and social security45€9,381
Taxes450/3€9,381
Other amounts payable47/48€113,188
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,002
Other operating charges640/8€44,490
Gross operating margin9900-€31,659
Operating profit (loss)9901-€123,150
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€31,216
Recurring financial charges65€31,216
Profit (loss) for the period before taxes9903-€154,367
Profit (loss) for the period9904-€154,367
Profit (loss) for the period to be appropriated9905-€154,367
Appropriation of the result
Profit (loss) to be appropriated9906-€154,367

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 13-10-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,002
Other operating charges640/8€44,490
Gross operating margin9900-€31,659
Operating profit (loss)9901-€123,150
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€31,216
Recurring financial charges65€31,216
Profit (loss) for the period before taxes9903-€154,367
Profit (loss) for the period9904-€154,367
Profit (loss) for the period to be appropriated9905-€154,367
Line2025
Assets
Total assets20/58€448,353
Fixed assets21/28€388,546
Tangible fixed assets22/27€388,546
Land and buildings22€295,610
Plant, machinery and equipment23€6,044
Furniture and vehicles24€3,166
Other tangible fixed assets26€83,726
Current assets29/58€59,808
Amounts receivable within one year40/41€46,350
Trade receivables40€44,431
Other amounts receivable41€1,920
Cash at bank and in hand54/58€11,708
Deferred charges and accrued income490/1€1,750
Equity and liabilities
Total equity and liabilities10/49€448,353
Equity10/15-€149,367
Contributions10/11€5,000
Profit (loss) carried forward14-€154,367
Amounts payable17/49€597,720
Amounts payable after more than one year17€347,916
Financial debts170/4€347,916
Amounts payable within one year42/48€249,804
Current portion of amounts payable after more than one year42€21,421
Financial debts43€50,000
Credit institutions430/8€50,000
Trade debts44€45,153
Suppliers440/4€45,153
Advances received on contracts in progress46€10,662
Taxes, remuneration and social security45€9,381
Taxes450/3€9,381
Other amounts payable47/48€113,188
Line2025
Profit (loss) for the period9904-€154,367
+ Depreciation and write-downs630€47,002
Operating cash flow (approximation)-€107,365

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,639 companies had the same profile as Beauforce has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Beauforce itself: 2.8% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,639 companies, not a prediction for Beauforce. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 13-10-2026 2026-00557687 PDF

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