BedRocks
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 16-06-2026 at the NBB all 26 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €2,824, smaller than the loss of €3,025 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m |
| Mortgages, amount registered | €2.6m | €2.6m | €27,500 | €27,500 | €27,500 |
| Mortgage mandates | - | - | €2.6m | €2.6m | €2.6m |
| Carrying value of the mortgaged assets | €3.6m | €3.9m | €4.2m | €4.4m | €5.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Auditor
The auditor is Ernst et Young Reviseurs d'Entreprises.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €1,500 | €1,500 | €1,748 | €1,863 | €1,879 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Companies with the same profile, two years later
Historical observationIn July 2024, 1,104 companies had the same profile as BedRocks has now. Two years later, 1.8% had gone bankrupt and 94.3% were still going.
- Small
- 20 years or older
- solvency under 10%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BedRocks itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,445 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 1,104 companies, not a prediction for BedRocks. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €148,629 | €171,538 | €75,970 | €13,837 | €302,520 | ▲ 22× |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €148,405 | €171,538 | €75,970 | €13,837 | €302,520 | ▲ 22× |
| Other operating income74 | - | - | - | €223 | €0 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - | - |
| Operating charges60/66A | - | - | - | €154,907 | €174,742 | €79,739 | €16,862 | €305,344 | ▲ 18× |
| Goods for resale, raw materials and consumables60 | - | - | - | €147,405 | €171,538 | €75,970 | €12,837 | €301,520 | ▲ 23× |
| Purchases600/8 | - | - | - | €147,405 | €171,538 | €75,970 | €12,837 | €301,520 | ▲ 23× |
| Services and other goods61 | - | - | - | €5,447 | €1,960 | €2,179 | €2,450 | €2,251 | ▼ 8.1% |
| Other operating charges640/8 | - | - | - | €2,054 | €1,245 | €1,590 | €1,575 | €1,573 | ▼ 0.2% |
| Gross operating margin9900 | -€1,108 | -€853 | €581,859 | - | - | - | - | - | - |
| Operating profit (loss)9901 | -€2,937 | -€1,879 | €580,625 | -€6,278 | -€3,204 | -€3,769 | -€3,025 | -€2,824 | ▲ 6.7% |
| Financial charges65/66B | - | - | - | €1,116 | €397 | €371 | €1,507 | €1,733 | ▲ 15.0% |
| Recurring financial charges65 | €35,156 | €35,507 | €30 | €1,116 | €397 | €371 | €1,507 | €1,733 | ▲ 15.0% |
| Debt charges650 | - | - | - | €1,003 | €0 | - | €1,000 | €1,058 | ▲ 5.8% |
| Other financial charges652/9 | - | - | - | €112 | €397 | €371 | €507 | €675 | ▲ 33.0% |
| Profit (loss) for the period before taxes9903 | -€38,093 | -€37,386 | €580,595 | -€7,394 | -€3,602 | -€4,141 | -€4,533 | -€4,557 | ▼ 0.5% |
| Income taxes67/77 | - | - | €114,543 | €0 | - | - | - | - | - |
| Taxes670/3 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€38,093 | -€37,386 | €466,052 | -€7,394 | -€3,602 | -€4,141 | -€4,533 | -€4,557 | ▼ 0.5% |
| Profit (loss) for the period to be appropriated9905 | -€38,093 | -€37,386 | €466,052 | -€7,394 | -€3,602 | -€4,141 | -€4,533 | -€4,557 | ▼ 0.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.5m | €3.5m | €3.5m | €3.9m | €4.0m | €4.2m | €4.4m | €5.0m | ▲ 12.9% |
| Fixed assets21/28 | €3.4m | €3.4m | €3.4m | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €3.4m | €3.4m | €3.4m | €0 | - | - | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €0 | - | - | - | - | - |
| Current assets29/58 | €0.007m | €0.005m | €0.003m | €3.9m | €4.0m | €4.2m | €4.4m | €5.0m | ▲ 12.9% |
| Stocks and contracts in progress3 | - | - | - | €3.6m | €3.9m | €4.2m | €4.4m | €5.0m | ▲ 12.9% |
| Stocks30/36 | - | - | - | €3.6m | €3.9m | €4.2m | €4.4m | €5.0m | ▲ 12.9% |
| Property held for sale35 | - | - | - | €3.6m | €3.9m | €4.2m | €4.4m | €5.0m | ▲ 12.9% |
| Amounts receivable within one year40/41 | - | - | - | €0.3m | €0 | - | - | - | - |
| Trade receivables40 | - | - | - | €0.3m | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €0.007m | €0.005m | €0.003m | €0.01m | €0.04m | €0.001m | €0.001m | €117 | ▼ 91.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.5m | €3.5m | €3.5m | €3.9m | €4.0m | €4.2m | €4.4m | €5.0m | ▲ 12.9% |
| Equity10/15 | -€0.09m | -€0.1m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.4% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.001m | €0.001m | €0.003m | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.5% |
| Amounts payable17/49 | €3.5m | €3.6m | €3.1m | €3.6m | €3.6m | €3.9m | €4.1m | €4.7m | ▲ 14.0% |
| Amounts payable after more than one year17 | - | - | - | €1.0m | €1.1m | €1.3m | €1.5m | €1.9m | ▲ 29.2% |
| Financial debts170/4 | - | - | - | €1.0m | €1.1m | €1.3m | €1.5m | €1.9m | ▲ 29.2% |
| Other loans174 | - | - | - | €1.0m | €1.1m | €1.3m | €1.5m | €1.9m | ▲ 29.2% |
| Amounts payable within one year42/48 | €3.5m | €3.6m | €3.1m | €2.5m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Financial debts43 | - | - | - | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Credit institutions430/8 | - | - | - | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Trade debts44 | - | - | - | €0.03m | €0.01m | €0.004m | €0.002m | €0.003m | ▲ 36.2% |
| Suppliers440/4 | - | - | - | €0.03m | €0.01m | €0.004m | €0.002m | €0.003m | ▲ 36.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0 | - | - | - | - |
| Taxes450/3 | - | - | - | €0.1m | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.09m | €0.2m | €0.2m | €0.4m | ▲ 63.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.04m | -€0.04m | €0.5m | -€0.007m | -€0.004m | -€0.004m | -€0.005m | -€0.005m | ▼ 0.5% |
| Operating cash flow (approximation) | -€0.04m | -€0.04m | €0.5m | -€0.007m | -€0.004m | -€0.004m | -€0.005m | -€0.005m | ▼ 0.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €3.4m | - | - | - | - | - |
| Change in cash | - | -€0.002m | -€0.002m | €0.009m | €0.02m | -€0.03m | -€84 | -€0.001m | ▼ 1,389% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 16-06-2026 | 2026-00178402 | NBB |
| 31-12-2024 | full format | 10-06-2025 | 2025-00137908 | |
| 31-12-2023 | full format | 28-06-2024 | 2024-00198461 | |
| 31-12-2022 | full format | 14-06-2023 | 2023-00132345 | |
| 31-12-2021 | full format | 06-07-2022 | 2022-20172712 | |
| 31-12-2020 | micro format | 05-08-2021 | 2021-46500312 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-49500096 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-46200308 | |
| 31-12-2017 | micro format | 08-08-2018 | 2018-44600294 | |
| 31-12-2016 | micro format | 10-08-2017 | 2017-43300087 |