BECARS
ActiveSummary
BECARS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527k and a net result of €15k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+1
Solvency68▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.47 in 2024; short-term debt: 56.1% and cash: 22.8% of total assets), and 57.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
42.7%
Return on assets
1.2%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
on the day
2022
18 d early
2021
31 d late
2020
31 d late
2019
4 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 122%
2024 · €7k
2018: €57k
2019: €76k▲ +32.1% vs 2018highest in 8 years
2020: €18k▼ -76.5% vs 2019
2021: €32k▲ +82.5% vs 2020
2022: €21k▼ -34.5% vs 2021
2023: €5k▼ -77.6% vs 2022lowest in 8 years
2024: €7k▲ +38.0% vs 2023
2025: €15k▲ +122% vs 2024
2018 → 2025
Working capital
€338k▲ 6.5%
2024 · €318k
2018: €231klowest in 8 years
2019: €296k▲ +27.8% vs 2018
2020: €491k▲ +65.9% vs 2019highest in 8 years
2021: €460k▼ -6.2% vs 2020
2022: €413k▼ -10.3% vs 2021
2023: €351k▼ -15.0% vs 2022
2024: €318k▼ -9.5% vs 2023
2025: €338k▲ +6.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€480k-€501k▲ 4.4%€506k▲ 0.9%€513k▲ 1.3%€527k▲ 2.8%
2021: €480klowest in 5 years
2022: €501k▲ +4.4% vs 2021
2023: €506k▲ +0.9% vs 2022
2024: €513k▲ +1.3% vs 2023
2025: €527k▲ +2.8% vs 2024highest in 5 years
Operating result€78k-€33k▼ 57.2%€11k▼ 65.7%€26k▲ 131%€39k▲ 48.1%
2021: €78khighest in 5 years
2022: €33k▼ -57.2% vs 2021
2023: €11k▼ -65.7% vs 2022lowest in 5 years
2024: €26k▲ +131% vs 2023
2025: €39k▲ +48.1% vs 2024
Net result€32k-€21k▼ 34.5%€5k▼ 77.6%€7k▲ 38.0%€15k▲ 122%
2021: €32khighest in 5 years
2022: €21k▼ -34.5% vs 2021
2023: €5k▼ -77.6% vs 2022lowest in 5 years
2024: €7k▲ +38.0% vs 2023
2025: €15k▲ +122% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€203k ▼ 18.1%
Current assets
€1.03M ▲ 3.9%
Equity and liabilities €1.23M
Equity
€527k ▲ 2.8%
Debt
€707k ▼ 2.8%
Debt's share of the balance-sheet total falls from 58.6% to 57.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▲
2024 · €89k
Cash flow
€72k▲
2024 · €69k
Current ratio
1.49▲
2024 · 1.47
Quick ratio
0.47▼
2024 · 0.57
Debt to equity
1.34▼
2024 · 1.42
ROE
2.8%▲
2024 · 1.3%
ROA
1.2%▲
2024 · 0.5%
Interest coverage
4.82▲
2024 · 4.71
Debt ≤ 1 year
€693k▲
2024 · €674k
Debt > 1 year
€14k▼
2024 · €53k
Income taxes
€5k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.23M▼
Fixed assets21/28€248k€203k▼
Tangible fixed assets22/27€248k€203k▼
Land and buildings22€169k€153k▼
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24€75k€49k▼
Current assets29/58€992k€1.03M▲
Stocks and contracts in progress3€606k€706k▲
Stocks30/36€606k€706k▲
Amounts receivable within one year40/41€55k€44k▼
Trade receivables40€52k€41k▼
Other amounts receivable41€3k€3k=
Current investments50/53€3k€136▼
Cash at bank and in hand54/58€326k€282k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.23M▼
Equity10/15€513k€527k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€494k€509k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€492k€507k▲
Amounts payable17/49€727k€707k▼
Amounts payable after more than one year17€53k€14k▼
Financial debts170/4€53k€14k▼
Amounts payable within one year42/48€674k€693k▲
Current portion of amounts payable after more than one year42€102k€50k▼
Financial debts43€354k€400k▲
Credit institutions430/8€354k€400k▲
Trade debts44€115k€82k▼
Suppliers440/4€115k€82k▼
Taxes, remuneration and social security45€10k€45k▲
Taxes450/3€10k€45k▲
Other amounts payable47/48€94k€116k▲
Income statement
Code20242025
Non-recurring operating income76A€383€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€58k▼
Other operating charges640/8€10k€3k▼
Gross operating margin9900€98k€100k▲
Operating profit (loss)9901€26k€39k▲
Financial income75/76B€59-
Recurring financial income75€59-
Financial charges65/66B€19k€20k▲
Recurring financial charges65€19k€20k▲
Profit (loss) for the period before taxes9903€8k€19k▲
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€7k€15k▲
Profit (loss) for the period to be appropriated9905€7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€15k▲
Transfer to equity691/2€7k€15k▲
To other reserves6921€7k€15k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5k | €22k | - | €383 | €9k | ▲ 2,173% |
| Remuneration, social security and pensions62 | €10k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63k | €68k | €62k | €62k | €58k | ▼ 7.1% |
| Other operating charges640/8 | €7k | €9k | €5k | €10k | €3k | ▼ 72.4% |
| Gross operating margin9900 | €158k | €111k | €78k | €98k | €100k | ▲ 1.3% |
| Operating profit (loss)9901 | €78k | €33k | €11k | €26k | €39k | ▲ 48.1% |
| Financial income75/76B | - | €417 | €1k | €59 | - | - |
| Recurring financial income75 | - | €417 | €1k | €59 | - | - |
| Financial charges65/66B | €37k | €8k | €8k | €19k | €20k | ▲ 6.9% |
| Recurring financial charges65 | €37k | €8k | €8k | €19k | €20k | ▲ 6.9% |
| Profit (loss) for the period before taxes9903 | €41k | €26k | €5k | €8k | €19k | ▲ 147% |
| Income taxes67/77 | €9k | €5k | €438 | €1k | €5k | ▲ 293% |
| Profit (loss) for the period9904 | €32k | €21k | €5k | €7k | €15k | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €32k | €21k | €5k | €7k | €15k | ▲ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.71M | €997k | €950k | €1.24M | €1.23M | ▼ 0.5% |
| Fixed assets21/28 | €349k | €341k | €310k | €248k | €203k | ▼ 18.1% |
| Tangible fixed assets22/27 | €349k | €341k | €310k | €248k | €203k | ▼ 18.1% |
| Land and buildings22 | €217k | €201k | €185k | €169k | €153k | ▼ 9.4% |
| Plant, machinery and equipment23 | €29k | €18k | €8k | €4k | €0 | ▼ 100% |
| Furniture and vehicles24 | €103k | €122k | €117k | €75k | €49k | ▼ 33.9% |
| Current assets29/58 | €1.36M | €656k | €640k | €992k | €1.03M | ▲ 3.9% |
| Stocks and contracts in progress3 | €504k | €173k | €173k | €606k | €706k | ▲ 16.5% |
| Stocks30/36 | €504k | €173k | €173k | €606k | €706k | ▲ 16.5% |
| Amounts receivable within one year40/41 | €15k | €86k | €53k | €55k | €44k | ▼ 20.7% |
| Trade receivables40 | €15k | €78k | €51k | €52k | €41k | ▼ 22.0% |
| Other amounts receivable41 | - | €8k | €1k | €3k | €3k | = |
| Current investments50/53 | €80k | €23k | €23k | €3k | €136 | ▼ 95.7% |
| Cash at bank and in hand54/58 | €757k | €366k | €385k | €326k | €282k | ▼ 13.4% |
| Deferred charges and accrued income490/1 | €9k | €9k | €7k | €3k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.71M | €997k | €950k | €1.24M | €1.23M | ▼ 0.5% |
| Equity10/15 | €480k | €501k | €506k | €513k | €527k | ▲ 2.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | €19k | €19k | €19k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €462k | €483k | €488k | €494k | €509k | ▲ 3.0% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €460k | €481k | €486k | €492k | €507k | ▲ 3.0% |
| Amounts payable17/49 | €1.23M | €496k | €444k | €727k | €707k | ▼ 2.8% |
| Amounts payable after more than one year17 | €329k | €252k | €155k | €53k | €14k | ▼ 73.7% |
| Financial debts170/4 | €329k | €252k | €155k | €53k | €14k | ▼ 73.7% |
| Amounts payable within one year42/48 | €905k | €243k | €289k | €674k | €693k | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | €126k | €133k | €125k | €102k | €50k | ▼ 50.8% |
| Financial debts43 | - | - | - | €354k | €400k | ▲ 13.1% |
| Credit institutions430/8 | - | - | - | €354k | €400k | ▲ 13.1% |
| Trade debts44 | €152k | €49k | €86k | €115k | €82k | ▼ 28.9% |
| Suppliers440/4 | €152k | €49k | €86k | €115k | €82k | ▼ 28.9% |
| Taxes, remuneration and social security45 | €455k | €20k | €8k | €10k | €45k | ▲ 372% |
| Taxes450/3 | €455k | €20k | €8k | €10k | €45k | ▲ 372% |
| Other amounts payable47/48 | €172k | €41k | €70k | €94k | €116k | ▲ 23.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €21k | €5k | €7k | €15k | ▲ 122% |
| + Depreciation and write-downs630 | €63k | €68k | €62k | €62k | €58k | ▼ 7.1% |
| Operating cash flow (approximation) | €96k | €90k | €67k | €69k | €72k | ▲ 5.3% |
| Investment in fixed assets (approximation) | - | €-60k | €-31k | €0 | €-13k | - |
| Change in cash | - | €-392k | €19k | €-59k | €-44k | ▲ 25.9% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼77.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €500kEq €501k ▲4.4%
5 profitable years in a row build equity to €501k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €76k ▲32.1%
Net result €76k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 23 acts read
About the unread acts
We know of 23 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
23 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, Jodoigne · 1 establishment unit since 2004
Ground area
1.4 ha
Building footprint
1,039 m²
Volume, LiDAR
6,363 m³
2 parcels, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BECARS - POOL DELUXE CONSTRUCT
since 20042.138.704.203
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25048B0039/02A000 | Wallonia | 1.3 ha | 1 · 7 m² | 1.6 m |
| 25048B0133/00Z003 | Wallonia | 1,207 m² | 1 · 1,032 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 615 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
Founded23-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
Contact
Phone
010/84.56.24Jodoigne
Fax
010/84.19.95Jodoigne
Scores and ratios are computed by Checked and are not a credit decision.