BéDéBé
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 09-06-2026 PDF all 16 filings
Turnover
€145,723
EBIT margin
14.0%
Net result
€896
2024 · -€17,940
Working capital
-€21,589▲ 74.5%
2024 · -€84,701
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€6,418
2025
20182025
Net result
€896
2025
middle half of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€102,509
▲ 0.9%
2025
highest quarter of the sector
20182025
Total assets
€286,477
▼ 36.4%
2025
highest quarter of the sector
20182025
Debt
€183,967
▼ 47.3%
2025
20182025
Working capital
-€21,589
▲ 74.5%
2025
middle half of the sector
20182025
Solvency
35.8%
▲ 13.2pp
2025
middle half of the sector
20182025
Current ratio
0.56
▲ 0.32
2025
middle half of the sector
20182025
Return on assets (ROA)
0.3%
▲ 4.3pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€145,723
Operating result€27,991-€20,369▼ 27.2%€33,057▲ 62.3%€22,319▼ 32.5%€27,941▲ 25.2%€51,122▲ 83.0%-€6,056€6,418
Net result€23,597-€24,654▲ 4.5%€13,463within the sector's middle half▼ 45.4%€7,009within the sector's middle half▼ 47.9%€13,009within the sector's middle half▲ 85.6%€34,982above the sector's middle half▲ 169%-€17,940below the sector's middle half€896within the sector's middle half
EBIT margin14.0%
Equity€190,837-€63,091▼ 66.9%€66,554above the sector's middle half▲ 5.5%€73,563within the sector's middle half▲ 10.5%€86,571above the sector's middle half▲ 17.7%€119,553above the sector's middle half▲ 38.1%€101,613above the sector's middle half▼ 15.0%€102,509above the sector's middle half▲ 0.9%
Total assets€342,594-€260,473▼ 24.0%€235,616above the sector's middle half▼ 9.5%€536,117above the sector's middle half▲ 128%€512,737above the sector's middle half▼ 4.4%€487,762above the sector's middle half▼ 4.9%€450,524above the sector's middle half▼ 7.6%€286,477above the sector's middle half▼ 36.4%
Debt€151,757-€197,382▲ 30.1%€169,062▼ 14.3%€462,554▲ 174%€426,166▼ 7.9%€368,209▼ 13.6%€348,911▼ 5.2%€183,967▼ 47.3%
Working capital€170,785-€18,167▼ 89.4%-€10,048within the sector's middle half-€103,134below the sector's middle half▼ 926%-€91,833below the sector's middle half▲ 11.0%-€64,012below the sector's middle half▲ 30.3%-€84,701below the sector's middle half▼ 32.3%-€21,589within the sector's middle half▲ 74.5%
Solvency55.7%-24.2%▼ 31.5pp28.2%within the sector's middle half▲ 4.0pp13.7%within the sector's middle half▼ 14.5pp16.9%within the sector's middle half▲ 3.2pp24.5%within the sector's middle half▲ 7.6pp22.6%within the sector's middle half▼ 2.0pp35.8%within the sector's middle half▲ 13.2pp
Current ratio7.38-1.48▼ 5.900.76within the sector's middle half▼ 0.720.35below the sector's middle half▼ 0.410.37below the sector's middle half▲ 0.020.42below the sector's middle half▲ 0.050.25below the sector's middle half▼ 0.170.56within the sector's middle half▲ 0.32
Return on assets (ROA)6.9%-9.5%▲ 2.6pp5.7%within the sector's middle half▼ 3.8pp1.3%within the sector's middle half▼ 4.4pp2.5%within the sector's middle half▲ 1.2pp7.2%within the sector's middle half▲ 4.6pp-4.0%within the sector's middle half▼ 11.2pp0.3%within the sector's middle half▲ 4.3pp
Staff (FTE)1-
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €6,418, after a loss of €6,056 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286,477
Fixed assets
€258,747 ▼ 38.8%
Current assets
€27,730 =
Equity and liabilities €286,477
Equity
€102,509 ▲ 0.9%
Debt
€183,967 ▼ 47.3%
Debt's share of the balance-sheet total falls from 77.4% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,491▲
2024 · €13,184
Cash flow
€9,970▲
2024 · €1,300
Debt to equity
1.79▼
2024 · 3.43
ROE
0.9%▲
2024 · -17.7%
Interest coverage
2.89▲
2024 · 1.14
Debt ≤ 1 year
€49,319▼
2024 · €112,427
Debt > 1 year
€134,233▼
2024 · €235,774
Income taxes
€165▼
2024 · €329
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €292,500 | - | €17,245 | - | - |
| Depreciation and write-downs of the year | €15,531 | €20,681 | €20,531 | €19,240 | €9,074 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €145,723 | - | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €18,660 | - | €39,197 | - |
| Remuneration, social security and pensions62 | - | - | - | €681 | €1,013 | €843 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,299 | €12,917 | €11,722 | €15,531 | €20,681 | €20,531 | €19,240 | €9,074 | ▼ 52.8% |
| Other operating charges640/8 | - | - | - | €1,697 | €3,850 | €8,023 | €5,389 | €3,391 | ▼ 37.1% |
| Gross operating margin9900 | €73,884 | €35,559 | €48,173 | €40,228 | €53,485 | €80,519 | €18,573 | €18,882 | ▲ 1.7% |
| Operating profit (loss)9901 | €27,991 | €20,369 | €33,057 | €22,319 | €27,941 | €51,122 | -€6,056 | €6,418 | - |
| Financial income75/76B | - | - | - | €1 | - | - | - | €8 | - |
| Recurring financial income75 | €1,212 | €2,612 | - | €1 | - | - | - | €8 | - |
| Financial charges65/66B | - | - | - | €8,467 | €9,176 | €8,277 | €11,555 | €5,365 | ▼ 53.6% |
| Recurring financial charges65 | €4,003 | €3,820 | €3,665 | €8,467 | €9,176 | €8,277 | €11,555 | €5,365 | ▼ 53.6% |
| Profit (loss) for the period before taxes9903 | €29,289 | €19,161 | €29,392 | €13,852 | €18,764 | €42,845 | -€17,611 | €1,061 | - |
| Income taxes67/77 | €5,691 | -€5,493 | €15,929 | €6,844 | €5,756 | €7,863 | €329 | €165 | ▼ 49.8% |
| Profit (loss) for the period9904 | €23,597 | €24,654 | €13,463 | €7,009 | €13,009 | €34,982 | -€17,940 | €896 | - |
| Profit (loss) for the period to be appropriated9905 | €23,597 | €24,654 | €13,463 | €7,009 | €13,009 | €34,982 | -€17,940 | €896 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €342,594 | €260,473 | €235,616 | €536,117 | €512,737 | €487,762 | €450,524 | €286,477 | ▼ 36.4% |
| Fixed assets21/28 | €145,054 | €204,668 | €203,375 | €480,344 | €459,663 | €442,038 | €422,798 | €258,747 | ▼ 38.8% |
| Tangible fixed assets22/27 | €144,880 | €204,374 | €203,081 | €480,050 | €459,369 | €441,744 | €422,504 | €258,627 | ▼ 38.8% |
| Land and buildings22 | - | - | - | €469,914 | €452,275 | €434,637 | €417,207 | €258,162 | ▼ 38.1% |
| Plant, machinery and equipment23 | - | - | - | €5,846 | €5,068 | €4,290 | €3,656 | - | - |
| Furniture and vehicles24 | - | - | - | €4,290 | €2,026 | €2,818 | €1,641 | €465 | ▼ 71.7% |
| Financial fixed assets28 | €174 | €294 | €294 | €294 | €294 | €294 | €294 | €120 | ▼ 59.2% |
| Current assets29/58 | €197,540 | €55,805 | €32,241 | €55,773 | €53,074 | €45,724 | €27,727 | €27,730 | = |
| Amounts receivable within one year40/41 | €32,486 | €43,091 | €26,069 | €38,064 | €36,017 | €32,491 | €21,261 | €12,536 | ▼ 41.0% |
| Trade receivables40 | - | - | - | €28,064 | €25,691 | €30,354 | €8,868 | €365 | ▼ 95.9% |
| Other amounts receivable41 | - | - | - | €10,000 | €10,326 | €2,137 | €12,393 | €12,171 | ▼ 1.8% |
| Cash at bank and in hand54/58 | €35,054 | €12,714 | €6,172 | €16,237 | €15,339 | €11,322 | €4,348 | €13,659 | ▲ 214% |
| Deferred charges and accrued income490/1 | - | - | - | €1,473 | €1,718 | €1,911 | €2,118 | €1,535 | ▼ 27.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €342,594 | €260,473 | €235,616 | €536,117 | €512,737 | €487,762 | €450,524 | €286,477 | ▼ 36.4% |
| Equity10/15 | €190,837 | €63,091 | €66,554 | €73,563 | €86,571 | €119,553 | €101,613 | €102,509 | ▲ 0.9% |
| Contributions10/11 | €168,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €22,237 | €27,237 | €27,237 | €27,237 | €27,237 | €27,237 | €83,013 | €83,909 | ▲ 1.1% |
| Non-distributable reserves130/1 | - | - | - | €2,200 | €2,200 | €2,200 | €2,200 | €2,200 | = |
| Reserves not available under the articles1311 | - | - | - | €2,200 | €2,200 | €2,200 | €2,200 | €2,200 | = |
| Distributable reserves133 | - | - | - | €25,037 | €25,037 | €25,037 | €80,813 | €81,709 | ▲ 1.1% |
| Profit (loss) carried forward14 | - | €17,254 | €20,717 | €27,725 | €40,734 | €73,716 | - | - | - |
| Amounts payable17/49 | €151,757 | €197,382 | €169,062 | €462,554 | €426,166 | €368,209 | €348,911 | €183,967 | ▼ 47.3% |
| Amounts payable after more than one year17 | €125,002 | €159,744 | €126,773 | €302,879 | €281,259 | €258,093 | €235,774 | €134,233 | ▼ 43.1% |
| Financial debts170/4 | - | - | - | €301,530 | €279,911 | €257,944 | €235,625 | €134,084 | ▼ 43.1% |
| Other amounts payable178/9 | - | - | - | €1,349 | €1,349 | €149 | €149 | €149 | = |
| Amounts payable within one year42/48 | €26,755 | €37,638 | €42,289 | €158,908 | €144,907 | €109,736 | €112,427 | €49,319 | ▼ 56.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €21,278 | €20,841 | €21,174 | €22,319 | €12,772 | ▼ 42.8% |
| Financial debts43 | - | - | - | €5,834 | €1,667 | €25,000 | €25,000 | - | - |
| Credit institutions430/8 | - | - | - | - | - | €25,000 | €25,000 | - | - |
| Other loans439 | - | - | - | €5,834 | €1,667 | - | - | - | - |
| Trade debts44 | €10,041 | €7,932 | €6,363 | €11,846 | €8,398 | €5,276 | - | - | - |
| Suppliers440/4 | - | - | - | €11,846 | €8,398 | €5,276 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €14,723 | €13,279 | €9,723 | €1,276 | €638 | ▼ 50.0% |
| Taxes450/3 | - | - | - | €12,760 | €11,257 | €7,316 | €1,276 | €638 | ▼ 50.0% |
| Remuneration and social security454/9 | - | - | - | €1,963 | €2,022 | €2,407 | - | - | - |
| Other amounts payable47/48 | - | - | - | €105,226 | €100,722 | €48,563 | €63,832 | €35,909 | ▼ 43.7% |
| Accrued charges and deferred income492/3 | - | - | - | €768 | - | €380 | €710 | €416 | ▼ 41.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,597 | €24,654 | €13,463 | €7,009 | €13,009 | €34,982 | -€17,940 | €896 | - |
| + Depreciation and write-downs630 | €27,299 | €12,917 | €11,722 | €15,531 | €20,681 | €20,531 | €19,240 | €9,074 | ▼ 52.8% |
| Operating cash flow (approximation) | €50,896 | €37,571 | €25,185 | €22,540 | €33,689 | €55,513 | €1,300 | €9,970 | ▲ 667% |
| Investment in fixed assets (approximation) | - | -€72,531 | -€10,429 | -€292,500 | €0 | -€2,906 | €0 | €154,977 | - |
| Change in cash | - | -€22,340 | -€6,542 | €10,065 | -€898 | -€4,017 | -€6,974 | €9,311 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as BéDéBé has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.1%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of BéDéBé itself: 0.5% 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.
| 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 10,904 companies, not a prediction for BéDéBé. 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-06-2026 | 2026-00154112 | |
| 31-12-2024 | micro format | 26-05-2025 | 2025-00110109 | |
| 31-12-2023 | micro format | 29-05-2024 | 2024-00101948 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00154760 | |
| 31-12-2021 | micro format | 01-08-2022 | 2022-20256926 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51300226 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-24800515 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-17000183 | |
| 31-12-2017 | micro format | 13-07-2018 | 2018-32100098 | |
| 31-12-2016 | micro format | 08-06-2017 | 2017-15200579 |