BEE DIVISION
ActiveSummary
BEE DIVISION has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,291 and a net result of €345. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 49% of 4711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+44
Solvency51▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.08 in 2024; short-term debt: 73.5% and cash: 47.6% of total assets), and 73.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
21 d late
2023
28 d late
2022
30 d late
2021
22 d late
2020
31 d late
2019
38 d late
← 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 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€8,291▲ 4.3%
2024 · €7,946
Total assets
€31,293▼ 23.4%
2024 · €40,834
Net result
€345
2024 · -€5,076
Working capital
€3,187▲ 38.8%
2024 · €2,296
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,867-€1,378▲ 64.3%-€15,430▼ 1,019%-€4,610▲ 70.1%€1,021
Net result-€4,239within the sector's middle half-€1,881within the sector's middle half▲ 55.6%-€16,363below the sector's middle half▼ 770%-€5,076below the sector's middle half▲ 69.0%€345within the sector's middle half
Equity€31,266within the sector's middle half▼ 11.9%€29,385within the sector's middle half▼ 6.0%€13,022within the sector's middle half▼ 55.7%€7,946within the sector's middle half▼ 39.0%€8,291within the sector's middle half▲ 4.3%
Total assets€65,140within the sector's middle half▼ 8.5%€69,913within the sector's middle half▲ 7.3%€53,197within the sector's middle half▼ 23.9%€40,834within the sector's middle half▼ 23.2%€31,293within the sector's middle half▼ 23.4%
Debt€33,873▼ 5.2%€40,528▲ 19.6%€40,175▼ 0.9%€32,888▼ 18.1%€23,002▼ 30.1%
Working capital€33,411above the sector's middle half▼ 5.9%€21,487within the sector's middle half▼ 35.7%€5,470within the sector's middle half▼ 74.5%€2,296within the sector's middle half▼ 58.0%€3,187within the sector's middle half▲ 38.8%
Solvency48.0%within the sector's middle half▼ 1.9pp42.0%within the sector's middle half▼ 6.0pp24.5%within the sector's middle half▼ 17.6pp19.5%within the sector's middle half▼ 5.0pp26.5%within the sector's middle half▲ 7.0pp
Current ratio2.12within the sector's middle half▲ 0.121.80within the sector's middle half▼ 0.311.17within the sector's middle half▼ 0.631.08within the sector's middle half▼ 0.091.14within the sector's middle half▲ 0.06
Return on assets (ROA)-6.5%below the sector's middle half▼ 21.7pp-2.7%within the sector's middle half▲ 3.8pp-30.8%below the sector's middle half▼ 28.1pp-12.4%below the sector's middle half▲ 18.3pp1.1%within the sector's middle half▲ 13.5pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1,021 after a loss of €4,610 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31,293
Fixed assets
€5,104 ▼ 52.0%
Current assets
€26,189 ▼ 13.3%
Equity and liabilities €31,293
Equity
€8,291 ▲ 4.3%
Debt
€23,002 ▼ 30.1%
Debt's share of the balance-sheet total falls from 80.5% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,560▲
2024 · €930
Cash flow
€5,885▲
2024 · €464
Quick ratio
0.76▼
2024 · 0.86
Debt to equity
2.77▼
2024 · 4.14
ROE
4.2%▲
2024 · -63.9%
Interest coverage
12.06▲
2024 · 2.68
Debt ≤ 1 year
€23,002▼
2024 · €27,894
Income taxes
€132▼
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,504 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
1.6%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 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% | 1.7% |
| 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 75% 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 4,504 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €436 | €5,540 | €5,540 | €5,540 | €5,540 | = |
| Other operating charges640/8 | €698 | €1,837 | €1,328 | €1,317 | €1,034 | ▼ 21.4% |
| Gross operating margin9900 | -€2,733 | €5,999 | -€8,562 | €2,246 | €7,595 | ▲ 238% |
| Operating profit (loss)9901 | -€3,867 | -€1,378 | -€15,430 | -€4,610 | €1,021 | ▲ 122% |
| Financial income75/76B | - | €120 | €0 | €21 | €0 | ▼ 99.1% |
| Recurring financial income75 | - | €120 | €0 | €21 | €0 | ▼ 99.1% |
| Financial charges65/66B | €341 | €449 | €802 | €347 | €544 | ▲ 56.6% |
| Recurring financial charges65 | €341 | €449 | €802 | €347 | €544 | ▲ 56.6% |
| Profit (loss) for the period before taxes9903 | -€4,207 | -€1,708 | -€16,232 | -€4,937 | €477 | ▲ 110% |
| Income taxes67/77 | €32 | €173 | €132 | €140 | €132 | ▼ 5.4% |
| Profit (loss) for the period9904 | -€4,239 | -€1,881 | -€16,363 | -€5,076 | €345 | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | -€4,239 | -€1,881 | -€16,363 | -€5,076 | €345 | ▲ 107% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65,140 | €69,913 | €53,197 | €40,834 | €31,293 | ▼ 23.4% |
| Fixed assets21/28 | €1,859 | €21,723 | €16,184 | €10,644 | €5,104 | ▼ 52.0% |
| Tangible fixed assets22/27 | €1,859 | €21,723 | €16,184 | €10,644 | €5,104 | ▼ 52.0% |
| Leasing and similar rights25 | - | €20,323 | €15,242 | €10,162 | €5,081 | ▼ 50.0% |
| Other tangible fixed assets26 | €1,859 | €1,400 | €941 | €482 | €23 | ▼ 95.2% |
| Current assets29/58 | €63,280 | €48,190 | €37,013 | €30,190 | €26,189 | ▼ 13.3% |
| Stocks and contracts in progress3 | €3,843 | €4,507 | €6,562 | €6,137 | €8,619 | ▲ 40.4% |
| Stocks30/36 | €3,843 | €4,507 | €6,562 | €6,137 | €8,619 | ▲ 40.4% |
| Amounts receivable within one year40/41 | €6,626 | €1,182 | €1,440 | €188 | €2,284 | ▲ 1,116% |
| Trade receivables40 | €4,964 | €1,182 | €1,440 | €188 | €1,416 | ▲ 654% |
| Other amounts receivable41 | €1,662 | - | - | - | €868 | - |
| Cash at bank and in hand54/58 | €52,264 | €41,460 | €26,050 | €23,454 | €14,910 | ▼ 36.4% |
| Deferred charges and accrued income490/1 | €547 | €1,042 | €2,962 | €411 | €375 | ▼ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65,140 | €69,913 | €53,197 | €40,834 | €31,293 | ▼ 23.4% |
| Equity10/15 | €31,266 | €29,385 | €13,022 | €7,946 | €8,291 | ▲ 4.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €12,675 | €12,675 | €12,675 | €12,675 | €12,675 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €10,815 | €10,815 | €10,815 | €10,815 | €10,815 | = |
| Profit (loss) carried forward14 | €6,191 | €4,310 | -€12,053 | -€17,129 | -€16,784 | ▲ 2.0% |
| Amounts payable17/49 | €33,873 | €40,528 | €40,175 | €32,888 | €23,002 | ▼ 30.1% |
| Amounts payable after more than one year17 | - | €13,731 | €8,631 | €3,472 | - | - |
| Financial debts170/4 | - | €13,731 | €8,631 | €3,472 | - | - |
| Amounts payable within one year42/48 | €29,869 | €26,703 | €31,544 | €27,894 | €23,002 | ▼ 17.5% |
| Current portion of amounts payable after more than one year42 | - | €5,041 | €5,100 | €5,159 | €3,472 | ▼ 32.7% |
| Trade debts44 | €5,558 | €1,225 | €6,031 | €1,317 | €1,765 | ▲ 34.0% |
| Suppliers440/4 | €5,558 | €1,225 | €6,031 | €1,317 | €1,765 | ▲ 34.0% |
| Taxes, remuneration and social security45 | €3,851 | €5,716 | €3,932 | €7,663 | €5,690 | ▼ 25.7% |
| Taxes450/3 | €3,851 | €5,716 | €3,932 | €5,628 | €5,690 | ▲ 1.1% |
| Remuneration and social security454/9 | - | - | - | €2,035 | - | - |
| Other amounts payable47/48 | €20,460 | €14,721 | €16,482 | €13,755 | €12,075 | ▼ 12.2% |
| Accrued charges and deferred income492/3 | €4,004 | €95 | - | €1,522 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,239 | -€1,881 | -€16,363 | -€5,076 | €345 | ▲ 107% |
| + Depreciation and write-downs630 | €436 | €5,540 | €5,540 | €5,540 | €5,540 | = |
| Operating cash flow (approximation) | -€3,803 | €3,659 | -€10,823 | €464 | €5,885 | ▲ 1,170% |
| Investment in fixed assets (approximation) | - | -€25,404 | €0 | €0 | €0 | - |
| Change in cash | - | -€10,805 | -€15,410 | -€2,596 | -€8,544 | ▼ 229% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €345
Net result €345 after 4 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€16,363
Net result drops to -€16,363, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Highest result since 2018net €20,037 ▲183%
Operating result €21,020, net result €20,037, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2010
Ground area
4,693 m²
Building footprint
1,142 m²
Volume, LiDAR
17,903 m³
Parcel 25386B0122/00N003, Wallonia · tallest building 20.0 m, ±5 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
BEE DIVISION
since 20102.195.261.141
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0122/00N003 | Wallonia | 4,693 m² | 1 · 1,142 m² | 20.0 m · 5 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.
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Of 2,195 companies in sector 96992 we hold annual accounts for 131. 110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
96992Tattoo and piercing services
90111Literary creation
Contact
Phone
0478/689531Ottignies-Louvain-la-Neuve
E-invoicing
Reachable via Peppol
Peppol ID
0208:0827426133
Registered
05-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.