BECOFLEX
ActiveSummary
BECOFLEX has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €2.2m. Equity is growing by ~60.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-2
Solvency71▲+9
Growth81▼-1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.05 in 2024; short-term debt: 37.2% and cash: 19.5% of total assets), but 53.5% of the assets are financed with debt.
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Signals
Six 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 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
46.5%
Return on assets
15.2%
Age of the figures
9 mo
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
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
37 d early
2023
43 d early
2022
20 d early
2021
12 d late
2020
18 d late
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 fastest grower in Belgium, Rubber and plastics sector#2 employer in Hainaut, Rubber and plastics sector#5 company by total assets in La Louvière, Manufacturing sector
Turnover
€23.6m▲ 13.3%
2024 · €20.8m
EBIT margin
11.7%▼ 0.1pp
2024 · 11.8%
Net result
€2.2m▼ 0.6%
2024 · €2.2m
Working capital
€3.9m▼ 10.0%
2024 · €4.3m
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
Turnover€12.9m€13.8m▲ 7.0%€15.7m▲ 13.4%€20.8m▲ 32.9%€23.6m▲ 13.3%
Operating result€782,842▼ 14.7%€880,140▲ 12.4%€922,378▲ 4.8%€2.5m▲ 167%€2.8m▲ 12.0%
Net result€748,436▼ 16.8%€832,608▲ 11.2%€810,604▼ 2.6%€2.2m▲ 176%€2.2m▼ 0.6%
EBIT margin6.1%6.4%▲ 0.3pp5.9%▼ 0.5pp11.8%▲ 5.9pp11.7%▼ 0.1pp
Equity€670,093€1.5m▲ 124%€2.3m▲ 53.9%€4.5m▲ 96.6%€6.8m▲ 48.8%
Total assets€7.5m▲ 30.0%€12.5m▲ 66.9%€9.3m▼ 26.1%€12.2m▲ 31.4%€14.6m▲ 19.7%
Debt€6.8m▲ 16.8%€11.0m▲ 61.3%€6.9m▼ 37.0%€7.6m▲ 8.9%€7.7m▲ 2.3%
Working capital€3.2m▲ 0.8%€6.6m▲ 110%€3.5m▼ 46.9%€4.3m▲ 22.4%€3.9m▼ 10.0%
Staff (FTE)48.1▲ 28.6%50.9▲ 5.8%58.1▲ 14.1%65.9▲ 13.4%81.7▲ 24.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.6m
Fixed assets
€5.3m ▲ 39.8%
Current assets
€9.3m ▲ 10.7%
Equity and liabilities €14.6m
Equity
€6.8m ▲ 48.8%
Provisions
€50,000 =
Debt
€7.7m ▲ 2.3%
Debt's share of the balance-sheet total falls from 62.2% to 53.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.6m▲
2024 · €3.1m
Cash flow
€3.1m▲
2024 · €2.9m
Current ratio
1.72▼
2024 · 2.05
Quick ratio
1.19▲
2024 · 1.11
Debt to equity
1.14▼
2024 · 1.66
ROE
32.8%▼
2024 · 49.1%
ROA
15.2%▼
2024 · 18.4%
Interest coverage
66.23▼
2024 · 85.09
Debt ≤ 1 year
€5.4m▲
2024 · €4.1m
Debt > 1 year
€2.3m▼
2024 · €3.5m
Income taxes
€279,632▲
2024 · €33,961
Staff costs
€6.5m▲
2024 · €5.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 545 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.2%
stopped otherwise
95%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 545 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €13.1m | €14.2m | €16.2m | €21.5m | €24.4m | ▲ 13.6% |
| Turnover70 | €12.9m | €13.8m | €15.7m | €20.8m | €23.6m | ▲ 13.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€561 | -€62,135 | €14,356 | -€11,525 | €93,895 | ▲ 915% |
| Own construction capitalised72 | €28,289 | €0 | - | - | - | - |
| Other operating income74 | €197,482 | €427,318 | €487,274 | €687,592 | €723,247 | ▲ 5.2% |
| Non-recurring operating income76A | €427 | €3,909 | €0 | €3,421 | €6,076 | ▲ 77.6% |
| Operating charges60/66A | €12.4m | €13.3m | €15.3m | €19.1m | €21.7m | ▲ 13.8% |
| Goods for resale, raw materials and consumables60 | €6.6m | €6.6m | €7.8m | €9.8m | €10.1m | ▲ 3.1% |
| Purchases600/8 | €7.9m | €7.3m | €8.4m | €9.3m | €9.0m | ▼ 3.9% |
| Change in stocks: decrease (increase)609 | -€1.2m | -€710,965 | -€553,952 | €466,492 | €1.1m | ▲ 145% |
| Services and other goods61 | €2.2m | €2.6m | €2.7m | €3.4m | €4.0m | ▲ 18.8% |
| Remuneration, social security and pensions62 | €3.0m | €3.6m | €4.1m | €5.0m | €6.5m | ▲ 30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €500,577 | €499,092 | €521,957 | €619,278 | €865,898 | ▲ 39.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€956 | €0 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €50,000 | €0 | ▼ 100% |
| Other operating charges640/8 | €34,379 | €19,666 | €43,172 | €35,700 | €26,716 | ▼ 25.2% |
| Non-recurring operating charges66A | €8,311 | €35,410 | €9,289 | €182,744 | €142,974 | ▼ 21.8% |
| Operating profit (loss)9901 | €782,842 | €880,140 | €922,378 | €2.5m | €2.8m | ▲ 12.0% |
| Financial income75/76B | €22,890 | €1,634 | €3,378 | €4,041 | €2,917 | ▼ 27.8% |
| Recurring financial income75 | €22,890 | €1,634 | €3,378 | €4,041 | €2,917 | ▼ 27.8% |
| Other financial income752/9 | €22,890 | €1,634 | €3,378 | €4,041 | €2,917 | ▼ 27.8% |
| Financial charges65/66B | €52,358 | €40,554 | €107,745 | €197,579 | €260,678 | ▲ 31.9% |
| Recurring financial charges65 | €52,358 | €40,554 | €107,745 | €197,579 | €260,678 | ▲ 31.9% |
| Debt charges650 | €20,330 | €23,482 | €25,657 | €36,214 | €54,712 | ▲ 51.1% |
| Other financial charges652/9 | €32,029 | €17,072 | €82,088 | €161,365 | €205,966 | ▲ 27.6% |
| Profit (loss) for the period before taxes9903 | €753,374 | €841,220 | €818,010 | €2.3m | €2.5m | ▲ 10.2% |
| Income taxes67/77 | €4,938 | €8,613 | €7,406 | €33,961 | €279,632 | ▲ 723% |
| Taxes670/3 | €4,938 | €8,613 | €7,406 | €33,961 | €279,632 | ▲ 723% |
| Profit (loss) for the period9904 | €748,436 | €832,608 | €810,604 | €2.2m | €2.2m | ▼ 0.6% |
| Profit (loss) for the period to be appropriated9905 | €748,436 | €832,608 | €810,604 | €2.2m | €2.2m | ▼ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.5m | €12.5m | €9.3m | €12.2m | €14.6m | ▲ 19.7% |
| Fixed assets21/28 | €2.2m | €2.4m | €2.7m | €3.8m | €5.3m | ▲ 39.8% |
| Intangible fixed assets21 | €270,606 | €394,589 | €413,672 | €740,327 | €1.1m | ▲ 46.5% |
| Tangible fixed assets22/27 | €1.1m | €801,893 | €710,470 | €1.3m | €2.1m | ▲ 60.8% |
| Plant, machinery and equipment23 | €122,902 | €33,567 | €71,265 | €54,876 | €94,542 | ▲ 72.3% |
| Furniture and vehicles24 | €217,417 | €177,642 | €198,538 | €476,316 | €614,740 | ▲ 29.1% |
| Leasing and similar rights25 | €36,774 | €8,497 | €4,379 | €249 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €750,638 | €582,187 | €436,287 | €768,851 | €1.4m | ▲ 79.7% |
| Assets under construction and advance payments27 | €750 | €0 | - | - | - | - |
| Financial fixed assets28 | €758,041 | €1.2m | €1.6m | €1.7m | €2.1m | ▲ 21.2% |
| Affiliated companies280/1 | €745,985 | €1.2m | €1.6m | €1.7m | €2.1m | ▲ 21.0% |
| Participating interests280 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Amounts receivable281 | €645,985 | €1.1m | €1.5m | €1.6m | €2.0m | ▲ 22.3% |
| Other financial fixed assets284/8 | €12,056 | €12,056 | €12,056 | €12,281 | €17,627 | ▲ 43.5% |
| Amounts receivable and cash guarantees285/8 | €12,056 | €12,056 | €12,056 | €12,281 | €17,627 | ▲ 43.5% |
| Current assets29/58 | €5.4m | €10.2m | €6.6m | €8.4m | €9.3m | ▲ 10.7% |
| Stocks and contracts in progress3 | €3.1m | €3.8m | €4.4m | €3.9m | €2.8m | ▼ 27.0% |
| Stocks30/36 | €3.1m | €3.8m | €4.4m | €3.9m | €2.8m | ▼ 27.0% |
| Raw materials and consumables30/31 | €3.0m | €3.7m | €4.3m | €3.8m | €2.7m | ▼ 29.9% |
| Finished goods33 | €110,207 | €48,073 | €62,429 | €50,904 | €144,799 | ▲ 184% |
| Amounts receivable within one year40/41 | €1.3m | €5.2m | €1.6m | €1.5m | €3.1m | ▲ 103% |
| Trade receivables40 | €1.1m | €5.0m | €1.4m | €1.3m | €2.9m | ▲ 124% |
| Other amounts receivable41 | €177,008 | €139,959 | €131,440 | €226,370 | €187,247 | ▼ 17.3% |
| Cash at bank and in hand54/58 | €786,631 | €629,932 | €356,461 | €2.6m | €2.8m | ▲ 7.5% |
| Deferred charges and accrued income490/1 | €111,763 | €572,403 | €275,787 | €340,327 | €504,318 | ▲ 48.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.5m | €12.5m | €9.3m | €12.2m | €14.6m | ▲ 19.7% |
| Equity10/15 | €670,093 | €1.5m | €2.3m | €4.5m | €6.8m | ▲ 48.8% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Non-distributable reserves130/1 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Legal reserve130 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €395,093 | €1.2m | €2.0m | €4.3m | €6.5m | ▲ 52.0% |
| Provisions and deferred taxes16 | - | - | - | €50,000 | €50,000 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €50,000 | €50,000 | = |
| Other liabilities and charges164/5 | - | - | - | €50,000 | €50,000 | = |
| Amounts payable17/49 | €6.8m | €11.0m | €6.9m | €7.6m | €7.7m | ▲ 2.3% |
| Amounts payable after more than one year17 | €4.6m | €4.1m | €3.8m | €3.5m | €2.3m | ▼ 33.0% |
| Financial debts170/4 | €580,909 | €372,457 | €228,929 | €143,833 | €103,797 | ▼ 27.8% |
| Leasing and similar obligations172 | €30,785 | €7,026 | €3,421 | €0 | - | - |
| Credit institutions173 | €550,124 | €365,431 | €225,508 | €143,833 | €103,797 | ▼ 27.8% |
| Advances received on contracts in progress176 | €319,016 | €0 | - | - | - | - |
| Other amounts payable178/9 | €3.7m | €3.7m | €3.6m | €3.3m | €2.2m | ▼ 33.2% |
| Amounts payable within one year42/48 | €2.2m | €3.5m | €3.0m | €4.1m | €5.4m | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | €192,241 | €188,239 | €202,122 | €210,666 | €40,036 | ▼ 81.0% |
| Trade debts44 | €1.1m | €2.0m | €1.7m | €2.5m | €2.5m | ▲ 0.5% |
| Suppliers440/4 | €1.1m | €2.0m | €1.7m | €2.5m | €2.5m | ▲ 0.5% |
| Advances received on contracts in progress46 | €625,203 | €665,461 | €691,412 | €901,199 | €2.0m | ▲ 126% |
| Taxes, remuneration and social security45 | €271,637 | €402,602 | €419,260 | €487,843 | €836,560 | ▲ 71.5% |
| Taxes450/3 | €24,743 | €38,508 | €20,535 | €54,020 | €290,860 | ▲ 438% |
| Remuneration and social security454/9 | €246,895 | €364,094 | €398,726 | €433,824 | €545,700 | ▲ 25.8% |
| Other amounts payable47/48 | - | €319,016 | €0 | - | €200 | - |
| Accrued charges and deferred income492/3 | €376 | €3.4m | €100,000 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €748,436 | €832,608 | €810,604 | €2.2m | €2.2m | ▼ 0.6% |
| + Depreciation and write-downs630 | €500,577 | €499,092 | €521,957 | €619,278 | €865,898 | ▲ 39.8% |
| Operating cash flow (approximation) | €1.2m | €1.3m | €1.3m | €2.9m | €3.1m | ▲ 8.1% |
| Investment in fixed assets (approximation) | - | -€732,483 | -€841,587 | -€1.7m | -€2.4m | ▼ 40.8% |
| Change in cash | - | -€156,699 | -€273,471 | €2.3m | €197,500 | ▼ 91.4% |
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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €5mEq €6.8m ▲48.8%
8 profitable years in a row build equity to €6.8m.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €2.2m ▲176%
Net result €2.2m, the highest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2mEq €2.3m ▲53.9%
6 profitable years in a row build equity to €2.3m.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €1mEq €1.5m ▲124%
5 profitable years in a row build equity to €1.5m.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
31-12
Financial
Equity above €500,000Eq €670,093
4 profitable years in a row build equity to €670,093.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, La Louvière · 1 establishment unit since 2007
Ground area
1.9 ha
Building footprint
4,192 m²
Volume, LiDAR
36,409 m³
Parcel 55042A0055/00C000, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BECOFLEX
since 20072.179.308.205
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55042A0055/00C000 | Wallonia | 1.9 ha | 1 · 4,192 m² | 9.7 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of BECOFLEX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300984ZDX4WKQIC33
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Identification & contact
Identification
Legal formPublic limited company
Founded05-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
22260Manufacture of rubber and plastic products
25110Manufacture of metal structures and parts of structures
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0893262805
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.