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Bedax

Active
Private limited companyfounded 2024active for 2 yearsUrselseweg 18, 9910 Aalter, BelgiumKBO/BCE: BE 1004.100.646
Summary

The computed 12-month bankruptcy probability of Bedax is 5.6% (elevated). The 2024 annual accounts show equity of €27,852 and a net result of €28,701. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (90 days) Filed on 29 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00553297.

Equity
€27,852
Total assets
€95,467
Net result
€28,701
Working capital
€13,381

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €95,467
Fixed assets €48,458
Current assets €47,009
Equity and liabilities €95,467
Equity €27,852
Debt €67,615
Debt finances 70.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€54,212
Cash flow
€40,761
Current ratio
1.40
Debt to equity
2.43
ROE
103.0%
ROA
30.1%
Interest coverage
26.35
Debt ≤ 1 year
€33,627
Debt > 1 year
€33,988
Income taxes
€11,393

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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
Filed annual accounts As filed with the NBB · 2024 · 41 lines
Balance sheet Code2024
Assets
Total assets20/58€95,467
Fixed assets21/28€48,458
Tangible fixed assets22/27€48,458
Plant, machinery and equipment23€1,208
Furniture and vehicles24€47,251
Current assets29/58€47,009
Amounts receivable within one year40/41€17,936
Trade receivables40€17,936
Cash at bank and in hand54/58€20,643
Deferred charges and accrued income490/1€8,429
Equity and liabilities
Total equity and liabilities10/49€95,467
Equity10/15€27,852
Contributions10/11€2,500
Reserves13€25,352
Distributable reserves133€25,352
Profit (loss) carried forward14€0
Amounts payable17/49€67,615
Amounts payable after more than one year17€33,988
Financial debts170/4€33,988
Amounts payable within one year42/48€33,627
Current portion of amounts payable after more than one year42€12,747
Trade debts44€1,633
Suppliers440/4€1,633
Taxes, remuneration and social security45€13,268
Taxes450/3€13,268
Other amounts payable47/48€5,979
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,060
Other operating charges640/8€712
Gross operating margin9900€54,924
Operating profit (loss)9901€42,152
Financial charges65/66B€2,058
Recurring financial charges65€2,058
Profit (loss) for the period before taxes9903€40,094
Income taxes67/77€11,393
Profit (loss) for the period9904€28,701
Profit (loss) for the period to be appropriated9905€28,701
Appropriation of the result
Profit (loss) to be appropriated9906€28,701
Transfer to equity691/2€25,352
To other reserves6921€25,352
Profit to be distributed694/7€3,349
Directors or managers695€3,349

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,060
Other operating charges640/8€712
Gross operating margin9900€54,924
Operating profit (loss)9901€42,152
Financial charges65/66B€2,058
Recurring financial charges65€2,058
Profit (loss) for the period before taxes9903€40,094
Income taxes67/77€11,393
Profit (loss) for the period9904€28,701
Profit (loss) for the period to be appropriated9905€28,701
Line2024
Assets
Total assets20/58€95,467
Fixed assets21/28€48,458
Tangible fixed assets22/27€48,458
Plant, machinery and equipment23€1,208
Furniture and vehicles24€47,251
Current assets29/58€47,009
Amounts receivable within one year40/41€17,936
Trade receivables40€17,936
Cash at bank and in hand54/58€20,643
Deferred charges and accrued income490/1€8,429
Equity and liabilities
Total equity and liabilities10/49€95,467
Equity10/15€27,852
Contributions10/11€2,500
Reserves13€25,352
Distributable reserves133€25,352
Profit (loss) carried forward14€0
Amounts payable17/49€67,615
Amounts payable after more than one year17€33,988
Financial debts170/4€33,988
Amounts payable within one year42/48€33,627
Current portion of amounts payable after more than one year42€12,747
Trade debts44€1,633
Suppliers440/4€1,633
Taxes, remuneration and social security45€13,268
Taxes450/3€13,268
Other amounts payable47/48€5,979
Line2024
Profit (loss) for the period9904€28,701
+ Depreciation and write-downs630€12,060
Operating cash flow (approximation)€40,761

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 29-10-2025 2025-00553297

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.