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Bee Seen

Active
Private limited companyfounded 2023active for 3 yearsGeelsebaan 136, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0804.693.093
Summary

The computed 12-month bankruptcy probability of Bee Seen is 8.4% (elevated). The 2024 annual accounts show negative equity (-€6,516) and a net result of -€11,516. Its solvency ranks better than 11% of 8,792 sector peers (NACE 73, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 09-08-2023 Normal situation
Activity
Public relations and communication consultancy NACE 73300and 3 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.348.087.611 3980 Tessenderlo-Ham, since 09-08-2023
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.4%
Annual accounts 2024
Gross margin
€44,301
Turnover
≈ €130,000
estimated
Loss
€11,516
Equity
-€6,516
Total assets
€84,534
Staff
≈ 0.4 FTE
estimated
  • Negative equity on 31-12-2024
  • 2024 accounts filed 61 days after the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 02-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.32lowers riskSector: Advertising, market research and public relations activities (NACE 73)Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 29% of micro companies in advertising and market research (NACE 73)
Financial strength
Weak
Solvency 17
equity -7.7% of total assets
Liquidity 61
short-term debt 41.1%
Profitability 25
return on assets -13.6%
Bankruptcy probability within 12 months
8.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 1.1%lowest value 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.2%▲ +0.1 percentage points vs 01-2025 03-2025: 1.3%▲ +0.1 percentage points vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.1 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 3.3%▲ +1.8 percentage points vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 4.0%▲ +0.7 percentage points vs 05-2026 07-2026: 3.9%▼ -0.1 percentage points vs 06-2026 08-2026: 4.9%▲ +1.0 percentage point vs 07-2026 09-2026: 5.7%▲ +0.8 percentage points vs 08-2026 10-2026: 8.4%▲ +2.7 percentage points vs 09-2026highest value 11-2026: 8.4%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.32, below 1. Short-term debt is 41.1% of total assets. Equity is negative.
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 73, micro). It does better than 11% of them on solvency, 54% on liquidity and 21% on profitability.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 02-10-2025)
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.32
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 61 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2024, micro format

2024 annual accounts filed 61 days after the deadline Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00525152.

Annual accounts 2024 filed on 30-09-2025 PDF

Turnover
≈ €130,000
Estimated: probably between €83,000 and €170,000
Total assets
€84,534
Net result
-€11,516
Working capital
-€23,714

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €84,534
Fixed assets €73,541
Current assets €10,993
Equity and liabilities
Equity-€6,516
Debt€91,049
Equity is negative. Debt (€91,049) exceeds the balance-sheet total (€84,534).
Key figures and ratios
2024 value
EBITDA
€28,098
Cash flow
€18,053
Solvency
-7.7%
Current ratio
0.32
ROA
-13.6%
Interest coverage
2.75
Debt
€91,049
Debt ≤ 1 year
€34,707
Debt > 1 year
€55,696
Income taxes
€378
Staff costs
€13,839
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Staff

social balance sheet
Item31-12-2024
Joined0
Left1

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item2024
Tangible fixed assets€99,350
Intangible fixed assets€2,000
Depreciation and write-downs of the year€29,569

Source: notes to the 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€84,534
Fixed assets21/28€73,541
Intangible fixed assets21€1,498
Tangible fixed assets22/27€72,043
Leasing and similar rights25€72,043
Current assets29/58€10,993
Amounts receivable within one year40/41€10,993
Trade receivables40€10,993
Equity and liabilities
Total equity and liabilities10/49€84,534
Equity10/15-€6,516
Contributions10/11€5,000
Profit (loss) carried forward14-€11,516
Amounts payable17/49€91,049
Amounts payable after more than one year17€55,696
Financial debts170/4€55,696
Amounts payable within one year42/48€34,707
Current portion of amounts payable after more than one year42€19,105
Financial debts43€2,242
Credit institutions430/8€2,242
Trade debts44€9,272
Suppliers440/4€9,272
Taxes, remuneration and social security45€3,889
Taxes450/3€3,889
Other amounts payable47/48€199
Accrued charges and deferred income492/3€647
Income statement Code2024
Remuneration, social security and pensions62€13,839
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,569
Other operating charges640/8€2,364
Gross operating margin9900€44,301
Operating profit (loss)9901-€1,470
Financial income75/76B€547
Recurring financial income75€547
Financial charges65/66B€10,215
Recurring financial charges65€10,215
Profit (loss) for the period before taxes9903-€11,138
Income taxes67/77€378
Profit (loss) for the period9904-€11,516
Profit (loss) for the period to be appropriated9905-€11,516
Appropriation of the result
Profit (loss) to be appropriated9906-€11,516

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 30-09-2025.

Line2024
Remuneration, social security and pensions62€13,839
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,569
Other operating charges640/8€2,364
Gross operating margin9900€44,301
Operating profit (loss)9901-€1,470
Financial income75/76B€547
Recurring financial income75€547
Financial charges65/66B€10,215
Recurring financial charges65€10,215
Profit (loss) for the period before taxes9903-€11,138
Income taxes67/77€378
Profit (loss) for the period9904-€11,516
Profit (loss) for the period to be appropriated9905-€11,516
Line2024
Assets
Total assets20/58€84,534
Fixed assets21/28€73,541
Intangible fixed assets21€1,498
Tangible fixed assets22/27€72,043
Leasing and similar rights25€72,043
Current assets29/58€10,993
Amounts receivable within one year40/41€10,993
Trade receivables40€10,993
Equity and liabilities
Total equity and liabilities10/49€84,534
Equity10/15-€6,516
Contributions10/11€5,000
Profit (loss) carried forward14-€11,516
Amounts payable17/49€91,049
Amounts payable after more than one year17€55,696
Financial debts170/4€55,696
Amounts payable within one year42/48€34,707
Current portion of amounts payable after more than one year42€19,105
Financial debts43€2,242
Credit institutions430/8€2,242
Trade debts44€9,272
Suppliers440/4€9,272
Taxes, remuneration and social security45€3,889
Taxes450/3€3,889
Other amounts payable47/48€199
Accrued charges and deferred income492/3€647
Line2024
Profit (loss) for the period9904-€11,516
+ Depreciation and write-downs630€29,569
Operating cash flow (approximation)€18,053

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 7,639 companies had the same profile as Bee Seen has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Bee Seen itself: 8.4% 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.

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 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 7,639 companies, not a prediction for Bee Seen. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-09-2025 2025-00525152 PDF

Board & ownership

Directors

Directors
1 director, no change since 2025
WAERZEGGERS Liam
Director (not named in the articles) · appointed in the act of 11-08-2023 · term without a fixed end · listed in the 2024 annual accounts, filed on 30-09-2025
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 17. Externe vertegenwoordigingsmacht De enige bestuurder vertegenwoor-digt de vennoot-schap jegens derden en in rechte als eiser of…”
deed of 11-08-2023

Owners and capital

Shareholders

At incorporation act of 11-08-2023 ↗

Capital transactions

Capital over time
  1. 11-08-2023 Incorporation · €5,000 · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
WAERZEGGERS Liam
  • Director (not named in the articles), appointed in the act of 11-08-2023, still in office
VAN HOOFF Rik
  • Director (not named in the articles), appointed in the act of 11-08-2023, until 31-12-2025
  • Day-to-day manager, until 31-12-2025
See the board, name and registered office on a given date →

Articles of association

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Aard van aandelen en andere effecten, aandeelhouders mogen kennis nemen betreffende hun aandelen”

Articles of association, deed of 11-08-2023 (in Dutch)

Network & group

Bee Seen shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Bee Seen. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
06-05
Gazette deed Registered office moved from Lommel to Tessenderlo
New seat: Geelsebaan 136, 3980 Tessenderlo · Previous seat: Pater Eymardstraat 18, 3920 Lommel · Resignation: Rik Van Hooff (director)6 points ▸
  • General meeting, 05-03-2026
  • Director resignation, Rik Van Hooff (director (not named in the articles))
  • Registered-office move, Geelsebaan 136, 3980 Tessenderlo
  • Board meeting, 25-02-2026
  • Director resignation, Rik Van Hooff (day-to-day manager)
  • Power of attorney, BV Moore Finance & Tax

Open the act in the Belgian Official Gazette

2025
30-09
NBB filing Annual accounts 2024 filedPDF
micro format · 61 days late
2023
11-08
Gazette deed Incorporation
Starting capital €5,000 · Appointments: VAN HOOFF Rik (director) and WAERZEGGERS Liam (director) · Founder26 points ▸
  • Capital
  • Other provision, “beschikbare eigen vermogensrekening, inbrengen van de aandeelhouders” (deed in Dutch)
  • Founder, VAN HOOFF Rik
  • Founder, WAERZEGGERS Liam
  • Other provision, “identiteitscontrole verschijners, rijksregisternummer en identiteitskaart” (deed in Dutch)
  • Other provision, “bekwaamheidsverklaring comparanten, bevoegd en bekwaam,geen onbekwaamheidsmaatregel zoals faillissement,collectieve schuldenregeling,aanstelling bewindvoerder” (deed in Dutch)
  • Other provision, “verzoek authentieke oprichtingsakte, notaris” (deed in Dutch)
  • Other provision, “financieel plan, verantwoording aanvangsvermogen in licht voorgenomen bedrijvigheid” (deed in Dutch)
  • Other provision, “voorlichting oprichtersaansprakelijkheid, kennelijk ontoereikend aanvangsvermogen voor voorgenomen activiteiten” (deed in Dutch)
  • Other provision, “voorlichting benaming, benaming moet verschillend zijn van benaming enige andere rechtspersoon” (deed in Dutch)
  • Incorporation, “Bee Seen” (deed in Dutch)
  • Founding capital, €5,000
  • The act holds 14 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 9 August 2023, Bee Seen was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 In 2026 the registered office moved to Tessenderlo.3 WAERZEGGERS Liam is director of the company, appointed in the act of 11-08-2023.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-08-2023
  3. 3Belgian Official Gazette, 06-05-2026

Company details

Register details

Identity

KBO record
Name Bee Seen in Dutch
Enterprise number 0804.693.093
Legal form Private limited company
Status Active, normale toestand
Founded 09-08-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-08-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Bee Seen
deed of 11-08-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, adres kan worden overgebracht naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied…”
deed of 11-08-2023 (in Dutch)

Registered office and establishments

Registered office Geelsebaan 136, 3980 Tessenderlo-Ham, Belgium
1 former office
  • Pater Eymardstraat 18, 3920 Lommel until 31-12-2025 · act of 06-05-2026
Establishment unit Bee Seen, Geelsebaan 136, 3980 Tessenderlo-Ham since 09-08-2023 · unit number 2.348.087.611

Activities

NACEBEL 2025
73300 Public relations and communication consultancy main activity
62200 Computer consultancy and computer facilities management
63100 Computing infrastructure, data processing, hosting and related activities
82990 Other business support services
Codes under NACEBEL 2008
70210 Activities of head offices; management consultancy activities main activity
62020 IT consultancy
63110 Computing infrastructure, data processing, hosting and other information service activities
82990 Other business support services
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2024

Invoicing and payment

VAT number BE 0804.693.093
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0804693093
Other Peppol ID 9925:BE0804693093

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of May at 15:00
deed of 11-08-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,160 m²
Building footprint
8 m²
Cadastral parcel Region Area Buildings Height / floors
71057A0350/00B002 Flanders 1,160 m² 1 · 8 m² -