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BEE Real

Active Public limited companyfounded 2011active for 15 yearsHarelbekestraat 150, 8540 DeerlijkKBO/BCE: BE 0837.025.965 subsidiary of #9 company by equity in Hainaut, Wood and cork sector

Lifetime

12 annual accounts with figures on one time axis, 13 filings since 2012
peak €2.8m (2020)
-not published
lowest -€1.0m (2012)
-€3,973▼ €15,372
peak €10.3m (2023)
€1.1m▼ 0.4%
€26,648▲ 358%
peak 13 FTE (2012)
0 FTE▼ 100%
Board6 names since 2018
2 directors and 1 other
Owners2 names in the annual accounts
95.57% and 1 other
Documentsfilings and deeds
17-07-202611 days before the deadline
2025financial year
Loss of €3,973Staff from 0.6 FTE to 0 FTEDebts from €5,815 to €26,648

Key points

from the 2025 annual accounts

Equity

€1.1m from €10.3m in 2023

Equity fell by 89% in 2 years.

Securities

€1.0m

Pledge on the business, new in 2025. 91.9% of equity · not in the 2024 accounts.

Liquidity

1.03 was 4.82 in 2024

Short-term debts rose from €5,815 to €26,648.

Filings

13 annual accounts since 2012
deadline201520202025

The 2024 accounts came 3 days late. The other nine of the last ten were filed on time.

Restructuring

2
  • 29-07-2024 restructuring with -PACKAGING
  • 14-08-2024 contribution to Tim CARNEWAL

2 restructurings since 2024. Latest: branch transferred to Tim CARNEWAL.

Position in the sector

97.6%

Higher solvency than 95% of companies in wood and cork. Sector median 52.2% · 82 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,685 companies had the same profile as BEE Real has now. Each dot stands for 7 companies, two years later.

93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 2,685 companies, not a prediction for BEE Real. 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

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Signals

Board and ownership

Managing director,
Managing director,
Auditor,
  • 95.57%score equity €13.0m (2025) · 28-12-2025 annual accounts of
  • 4.42%equity €12.9m (2025) · 28-12-2025 annual accounts of
Board & ownership

Recent changes

New statutory auditor appointed, resigned · Permanent representatives: and · General meeting of 27-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0837025965
2 directors reappointed (managing director) and (managing director) · Permanent representatives: and · General meeting of 24-07-2024 · Gazette deed
Demerger: BEE Real splits off to -PACKAGING Company renamed from BEELITE to BEE Real · Capital decrease of €9,094,411.76 to €1,068,088.24 · Capital from €10,162,500 to €1,068,088.24 · General meeting of 29-07-2024 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
BEE Real Mouscron €1.1m - 97.6% 0
LINOPAN INDUSTRIES Kortrijk €2.0m €125,642 46.7% 0
CREAFLOORS Flémalle €1.0m €159,155 3.8% -
PAMO LAKWERKEN Ledegem €0.9m €344,461 66.0% -
WI'N'LOCKS Enghien €0.7m €45,977 26.7% -
TREIZE Uccle €1.0m €127,796 67.0% 2.8
De Kastenman Opwijk €1.0m €325,829 19.8% 3.4

These companies have the same main activity as BEE Real: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210). They are comparable in size and age: total assets between €654,000 and €2m, founded between 1985 and 2018.

Official details

Source: KBO
Status
Active since 16-06-2011Normal situation
Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materialsNACE 16210and 4 others
Joint committee
222White-collar workers in paper and cardboard processing · annual accounts 28-12-2024
Establishment units
2.199.826.1787700 Mouscron, since 01-07-2011
2.206.374.4708500 Kortrijk, since 01-07-2011
Financial year end
28 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts to 28-12-2025

€1.1m▲ 1.5%
Filing
Filed on 17-07-2026, 11 days before the end of the filing period
Financials

Insights on BEE Real

BEE Real has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€3,973.

Equity has been stable since 2018 (±15% per year). Its solvency ranks better than 95% of 82 sector peers (NACE 16, financial year 2025).

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 Real

What is the company number of BEE Real?
The company number of BEE Real is 0837.025.965. The VAT number is the same number with BE in front: BE 0837.025.965.
Where is BEE Real based?
The registered office is at Anne Francklaan 5, 7700 Mouscron.Company details
What does BEE Real do?
According to the KBO register, the main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210).
What is the legal form of BEE Real?
BEE Real is a public limited company (NV).
When was BEE Real founded?
BEE Real was founded on 16-06-2011.
Is BEE Real still active?
Yes, BEE Real is an active enterprise in the KBO register.
How many employees does BEE Real have?
BEE Real had an average of 0.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does BEE Real fall under?
In its 28-12-2024 annual accounts, BEE Real states joint committee 222 (White-collar workers in paper and cardboard processing).
What is the turnover of BEE Real?
The annual accounts for financial year 2025 state no turnover. In financial year 2024 turnover was €0.
Is BEE Real profitable?
In financial year 2025, BEE Real made a loss of €3,973.
Where can I find the annual accounts of BEE Real?
BEE Real filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BEE Real due?
BEE Real must file the annual accounts for financial year 2026 by 28-07-2027.Timeline

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