Losses
Every financial year from 2016 to 2025 closed with a loss. 2016 was the heaviest.
Every financial year from 2016 to 2025 closed with a loss. 2016 was the heaviest.
The 2025 accounts came 59 days late. The other nine of the last ten were filed on time.
In July 2024, 12,322 companies had the same profile as BECH has now. Each dot stands for 31 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 12,322 companies, not a prediction for BECH. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
BECH files the micro format. That format states no turnover. The gross margin fell from -€516 in 2006 to -€923 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 186,213 | 186,213 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,992 | 186,023 | 186,051 | 185,920 | 185,922 | |
21/28 |
185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | |
22/27 |
185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | |
22 |
185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | 185,920 | |
29/58 |
44 | 44 | 44 | 44 | 44 | 44 | 44 | 293 | 293 | 44 | 44 | 44 | 44 | 44 | 44 | 72 | 103 | 131 | - | 2 | |
40/41 |
- | - | - | - | - | - | 0 | 249 | 249 | - | - | - | - | - | - | - | - | - | - | - | |
41 |
- | - | - | - | - | - | 0 | 249 | 249 | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 72 | 103 | 131 | - | 2 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 186,213 | 186,213 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,964 | 185,992 | 186,023 | 186,051 | 185,920 | 185,922 | |
10/15 |
164,346 | 165,669 | 167,015 | 168,284 | 169,519 | 170,353 | 170,716 | 171,540 | 171,884 | 172,455 | 175,710 | 175,710 | 175,710 | 175,710 | 175,710 | 176,333 | 176,954 | 177,574 | 178,186 | 178,771 | |
10/11 |
193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | |
10 |
193,357 | 193,357 | 193,357 | 193,357 | 193,357 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | 193,357 | |
14 |
-29,011 | -27,688 | -26,342 | -25,073 | -23,838 | -23,004 | -22,641 | -21,817 | -21,473 | -20,902 | -17,647 | -17,647 | -17,647 | -17,647 | -17,647 | -17,024 | -16,403 | -15,783 | -15,171 | -14,586 | |
17/49 |
21,618 | 20,295 | 18,949 | 17,680 | 16,445 | 15,611 | 15,248 | 14,673 | 14,329 | 13,509 | 10,254 | 10,254 | 10,254 | 10,254 | 10,254 | 9,659 | 9,069 | 8,477 | 7,734 | 7,151 | |
42/48 |
21,618 | 20,295 | 18,949 | 17,680 | 16,445 | 15,611 | 15,248 | 14,673 | 14,329 | 13,509 | 10,254 | 10,254 | 10,254 | 10,254 | 10,254 | 9,659 | 9,069 | 8,477 | 7,734 | 7,151 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 90 | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 90 | - | |
44 |
- | - | - | - | - | - | - | - | - | 3,255 | - | - | - | - | - | - | - | - | 14 | - | |
440/4 |
- | - | - | - | - | - | - | - | - | 3,255 | - | - | - | - | - | - | - | - | 14 | - | |
47/48 |
21,618 | 20,295 | 18,949 | 17,680 | 16,445 | 15,611 | 15,248 | 14,673 | 14,329 | 10,254 | 10,254 | 10,254 | 10,254 | 10,254 | 10,254 | 9,659 | 9,069 | 8,477 | 7,630 | 7,151 | |
| Income statement | |||||||||||||||||||||
9900 |
-923 | -899 | -885 | -887 | -487 | -363 | -575 | -344 | -555 | -3,255 | - | - | - | -491 | -491 | -487 | -488 | -494 | -480 | -516 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 491 | 487 | 488 | 494 | 480 | 516 | |
640/8 |
400 | 387 | 384 | 348 | 348 | 0 | 249 | - | 16 | - | - | - | - | 104 | 104 | 103 | 103 | 89 | 103 | 191 | |
9901 |
-1,323 | -1,286 | -1,270 | -1,234 | -835 | -363 | -824 | -344 | -571 | -3,255 | - | - | - | -595 | -595 | -590 | -591 | -583 | -583 | -707 | |
65/66B |
- | 60 | - | - | - | - | - | - | - | - | - | - | - | 28 | 28 | 31 | 29 | 29 | 2 | 27 | |
65 |
- | 60 | - | - | - | - | - | - | - | - | - | - | - | 28 | 28 | 31 | 29 | 29 | 2 | 27 | |
9903 |
-1,323 | -1,346 | -1,270 | -1,234 | -835 | -363 | -824 | -344 | -571 | -3,255 | - | - | - | -623 | -623 | -621 | -620 | -612 | -585 | -734 | |
9904 |
-1,323 | -1,346 | -1,270 | -1,234 | -835 | -363 | -824 | -344 | -571 | -3,255 | - | - | - | -623 | -623 | -621 | -620 | -612 | -585 | -734 | |
9905 |
-1,323 | -1,346 | -1,270 | -1,234 | -835 | -363 | -824 | -344 | -571 | -3,255 | - | - | - | -623 | -623 | -621 | -620 | -612 | -585 | -734 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-29,011 | -27,688 | -26,342 | -25,073 | -23,838 | -23,004 | -22,641 | -21,817 | -21,473 | -20,902 | -17,647 | -17,647 | -17,647 | -17,647 | -17,647 | -17,024 | -16,403 | -15,783 | -15,171 | -14,586 | |
14P |
-27,688 | -26,342 | -25,073 | -23,838 | -23,004 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 16 older financial years (1990-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-09-2026.
2025 annual accounts filed 59 days after the deadline. Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00527972.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-09-2026 | 2026-00527972 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00317759 | |
| 31-12-2023 | micro format | 16-05-2024 | 2024-00090323 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00281604 | |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20089210 | |
| 31-12-2020 | micro format | 02-04-2021 | 2021-09500548 | |
| 31-12-2019 | micro format | 06-04-2020 | 2020-09000301 | |
| 31-12-2018 | micro format | 12-04-2019 | 2019-09800184 | |
| 31-12-2017 | micro format | 27-04-2018 | 2018-10800420 | |
| 31-12-2016 | micro format | 20-07-2017 | 2017-33000471 | |
| 31-12-2015 | full format | 02-06-2017 | 2017-14200081 | |
| 31-12-2014 | full format | 02-06-2017 | 2017-14200080 | |
| 31-12-2013 | full format | 02-06-2017 | 2017-14200079 | |
| 31-12-2012 | full format | 02-06-2017 | 2017-14200078 | |
| 31-12-2011 | full format | 20-11-2012 | 2012-64300410 | |
| 31-12-2010 | full format | 01-07-2011 | 2011-25300008 | |
| 31-12-2009 | full format | 28-06-2010 | 2010-26300536 | |
| 31-12-2008 | full format | 01-06-2009 | 2009-19800237 | |
| 31-12-2007 | full format | 19-06-2008 | 2008-28200016 | |
| 31-12-2006 | full format | 21-06-2007 | 2007-26600236 | |
| 31-12-2005 | full format | 27-06-2006 | 2006-33004866 | |
| 31-12-2004 | full format | 30-06-2005 | 2005-38204563 | |
| 31-12-2003 | full format | 29-06-2004 | 2004-34500825 | |
| 31-12-2002 | full format | 30-06-2003 | 2003-34100805 | |
| 31-12-2001 | full format | 27-06-2002 | 2002-28304626 | |
| 31-12-2000 | full format | 27-06-2001 | 2001-27703576 | |
| 31-12-1999 | full format | 17-07-2000 | 2000-42501121 | |
| 31-12-1998 | full format | 29-09-1999 | 1999-49800369 | |
| 31-12-1997 | full format | 31-08-1998 | 1998-43402497 | |
| 31-12-1996 | full format | 29-08-1997 | 1997-40204624 | |
| 31-12-1995 | full format | 18-09-1996 | 1996-44101540 | |
| 31-12-1994 | full format | 21-09-1995 | 1995-50201737 | |
| 31-12-1993 | full format | 06-07-1994 | 1994-26704656 | |
| 31-12-1992 | full format | 01-09-1993 | 1993-34100662 | |
| 31-12-1991 | full format | 18-08-1992 | 1992-28900829 | |
| 31-12-1990 | full format | 30-04-1991 | 1991-04602789 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28 | -31 | -28 | - | - | - | ||
| -21,574 | -20,251 | -18,905 | -17,636 | -16,401 | -15,567 | -15,204 | -14,380 | -14,036 | -13,465 | -10,210 | -10,210 | -10,210 | -10,210 | -10,210 | -9,587 | -8,966 | -8,346 | - | -7,149 | ||
| 88.4% | 89.1% | 89.8% | 90.5% | 91.2% | 91.6% | 91.8% | 92.1% | 92.3% | 92.7% | 94.5% | 94.5% | 94.5% | 94.5% | 94.5% | 94.8% | 95.1% | 95.4% | 95.8% | 96.2% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 | - | 0.00 | ||
| 0.13 | 0.12 | 0.11 | 0.11 | 0.10 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | ||
| -0.8% | -0.8% | -0.8% | -0.7% | -0.5% | -0.2% | -0.5% | -0.2% | -0.3% | -1.9% | - | - | - | -0.4% | -0.4% | -0.4% | -0.4% | -0.3% | -0.3% | -0.4% | ||
| -0.7% | -0.7% | -0.7% | -0.7% | -0.4% | -0.2% | -0.4% | -0.2% | -0.3% | -1.8% | - | - | - | -0.3% | -0.3% | -0.3% | -0.3% | -0.3% | -0.3% | -0.4% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11 days | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €1,323, larger than the loss of €1,286 in 2024. It is the lowest result since 2016.
Debt's share of the balance-sheet total rises from 10.9% to 11.6%. Equity is lower and debt is higher.
Source: lists of holdings in the owners' accounts
BECH has no parent and no holdings in its annual accounts.
| CIT CASOAR
registered office since 20-12-2019 · founded in 2019 |
total assets €2.5m (2025) 0739.910.753 |
| IMMAR
registered office since 13-06-1990 · founded in 1990 |
total assets €1.1m (2025) 0441.045.637 |
| LAMA
registered office since 06-07-1990 · founded in 1990 |
total assets €200,612 (2025) 0441.045.934 |
| BEDEMA
registered office since 23-12-2022 · founded in 2022 |
total assets €79,651 (2025) 0795.350.213 |
The network starts from the directors of BECH. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| François Roffiaenstraat 11 registered office 1050 Ixelles 6523 Insurance, reinsurance and pension funding, except compulsory social security | 06-07-1990 | 2.048.818.261 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21443C0237/00W005 | 305 m² | 1 · 131 m² | 15.3 m · 4 |
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