Overdue debts
€91,192 on 31-12-2025
The annual accounts state €91,192 of overdue tax debts on 31-12-2025.
BEE Operation Services
Lifetime
3 annual accounts with figures on one time axispeak €1.6m (2025)
€1.6m▲ 19.9%
lowest -€523,185 (2025)
-€523,185▼ €180,794
peak €62,000 (2023)
-€803,576▼ €523,185
€2.5m▲ 70.1%
peak 17.2 FTE (2025)
17.2 FTE▲ 22.0%
Board2 names since 2023
1 directorBUYSE Vicky Dorine Ingrid
Owners
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Gross margin from €1.3m to €1.6mLoss of €523,185Staff from 14.1 FTE to 17.2 FTEAppointment: Moore Audit BV (statutory auditor) 27-10Equity from -€280,391 to -€803,576Debts from €1.5m to €2.5m
Key points
from the 2025 annual accountsEquity
-€803,576
Debts exceed assets in financial year 2025.
Losses
-€865,576 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€2.5m 147% of the balance sheet
Suppliers 64%Taxes and wages 15%Other 21%
Of this, €2.5m falls due within a year.
Staff
18 employees on 31-12-2025
In 2025, 6 people joined and 4 left.
Position in the sector
-€803,576
Less equity than 95% of companies in electricity, gas and steam. Sector median €2.3m · 352 companies.
Net result -53%: other schema
Checked score
48
Fair
Financially stronger than 2% of small companies in electricity, gas and steam (NACE 35)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 253 companies (NACE 35, small).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.1%lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 2.3%▲ +2.2 percentage points vs 07-2025
09-2025: 2.2%▼ -0.1 percentage points vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.3%▲ +0.1 percentage points vs 10-2025
12-2025: 2.4%▲ +0.1 percentage points vs 11-2025
01-2026: 2.2%▼ -0.2 percentage points vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.2%● unchanged vs 04-2026
06-2026: 2.2%● unchanged vs 05-2026
07-2026: 2.3%▲ +0.1 percentage points vs 06-2026
08-2026: 3.0%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 2.8%▼ -0.2 percentage points vs 08-2026
10-2026: 2.8%● unchanged vs 09-2026
11-2026: 2.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€803,576
Loss of €523,185, the second in a row (financial year 2025)
Size: 17.2 FTE, total assets €1.7m
lowers risk
Founded in 2023
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, small). It does better than 1% of them on solvency, 1% on liquidity, 2% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 490 companies had the same profile as BEE Operation Services has now. Each dot is one company, two years later.
88.8%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BEE Operation Services itself: 2.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 490 companies, not a prediction for BEE Operation Services. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.65 (0.74 in 2024), below 1. Short-term debt is 146.3% and cash 0.4% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€803,576
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 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
8 days early
2024
14 days early
2023
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 17 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BELGIAN ECO ENERGY 100%score 94equity €11.3m (2025) · 2025 annual accounts of BELGIAN ECO ENERGY
Recent changes
Appointment: Moore Audit BV (statutory auditor)
General meeting of 05-12-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003486972
Incorporation
Founding capital of €62,000, 1,000 shares · Founder: BELGIAN ECO ENERGY · Appointment: BUYSE Vicky Dorine Ingrid (director) · published on 20-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BEE Operation Services Mechelen | €1.7m | €1.6m | -46.8% | 17.2 |
| DRIVECO BELGIUM Brussels | €1.7m | €0.4m | -35.2% | 6.8 |
| IINNO ENERGY Hasselt | €3.1m | €1.2m | 4.9% | 8.1 |
| Solarbuild 6 Ghent | €2.5m | €0.3m | 5.5% | - |
| MONT EOLE Perwez | €7.4m | €0.9m | 14.8% | - |
| Mistral 2022 Vosselaar | €5.0m | €0.5m | 15.1% | - |
| LOESI SAN MANAGEMENT Aalst | €0.8m | €0.3m | 77.4% | - |
These companies have the same main activity as BEE Operation Services: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €800,000 and €7.4m, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 16-12-2023Normal situation
- Activity
- Production of electricity from non-renewable sourcesNACE 35110and 4 others
- Joint committee
- 326Gas and electricity · annual accounts 2025
- Establishment units
- 2.353.425.3819000 Ghent, since 16-12-2023
- 2.353.425.4802800 Mechelen, since 16-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2024
Annual accounts 2025
- ≈ €2.7mestimated
- €1.7m▲ 42.9%
- Employeeson 31-12-2025
- 18▲ 12.5%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on BEE Operation Services
Solvency fell in 2025 from -23.3% to -46.8% because of the loss and higher debts to suppliers.
BELGIAN ECO ENERGY holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BEE Operation Services
- What is the company number of BEE Operation Services?
- The company number of BEE Operation Services is 1003.486.972. The VAT number is the same number with BE in front: BE 1003.486.972.
- Where is BEE Operation Services based?
- The registered office is at Bedrijvenlaan 1, 2800 Mechelen.Company details
- What does BEE Operation Services do?
- According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
- What is the legal form of BEE Operation Services?
- BEE Operation Services is a public limited company (NV).
- When was BEE Operation Services founded?
- BEE Operation Services was founded on 16-12-2023.
- Is BEE Operation Services still active?
- Yes, BEE Operation Services is an active enterprise in the KBO register.
- How many employees does BEE Operation Services have?
- BEE Operation Services had an average of 17.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BEE Operation Services fall under?
- In its 2025 annual accounts, BEE Operation Services states joint committee 326 (Gas and electricity).
- What is the turnover of BEE Operation Services?
- The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.6m and 1,585 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate. In financial year 2024 turnover was €4.2m.
- Is BEE Operation Services profitable?
- In financial year 2025, BEE Operation Services made a loss of €523,185.
- Where can I find the annual accounts of BEE Operation Services?
- BEE Operation Services filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BEE Operation Services due?
- BEE Operation Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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