Equity
BEEB paid out €93,233 in dividends. That is 121% of the 2025 profit.
In July 2024, 6,049 companies had the same profile as BEEB has now. Each dot stands for 16 companies, two years later.
The method was tested on the 497,448 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 6,049 companies, not a prediction for BEEB. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| BEEB Zwevegem | €1.6m | €201,540 | 34.6% | - |
| FELUSE Hooglede | €1.7m | €210,333 | 60.4% | - |
| SoFre Invest Waasmunster | €1.5m | €183,180 | 34.5% | - |
| PONTOHI Mechelen | €1.3m | €196,993 | 98.1% | - |
| Van Bael Consulting Zoersel | €1.2m | €229,213 | 39.3% | - |
| VAMAX Bruges | €1.7m | €162,236 | 38.8% | 0.8 |
| Leovic Bruges | €1.6m | €232,277 | 44.5% | - |
These companies have the same main activity as BEEB: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 2015 and 2018.
BEEB files the abbreviated format. That format states no turnover. The gross margin rose from €122,110 in 2017 to €201,540 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €260,000 and €430,000.
Higher than 35% of 10,857 companies in 2025.
Higher than 38% of 10,479 companies in 2025.
Higher than 48% of 10,726 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 202324 months | 2021 | 2020 | 2019 | 2018 | 201723 months |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.6m | 1.6m | 1.6m | 822,538 | 568,601 | 460,677 | 401,355 | 368,486 | |
21/28 |
1.4m | 1.4m | 1.4m | 604,392 | 401,391 | 380,551 | 347,309 | 360,713 | |
22/27 |
1.2m | 1.2m | 1.3m | 454,392 | 251,391 | 230,551 | 197,309 | 210,713 | |
22 |
1.1m | 1.2m | 1.3m | 379,228 | 175,547 | 184,509 | 193,470 | 202,432 | |
24 |
703 | 9,862 | 19,052 | 60,164 | 75,844 | 46,042 | 3,839 | 8,282 | |
25 |
51,451 | - | - | - | - | - | - | - | |
27 |
- | - | - | 15,000 | - | - | - | - | |
28 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
29/58 |
231,872 | 274,846 | 145,592 | 218,146 | 167,210 | 80,126 | 54,046 | 7,773 | |
40/41 |
65,844 | 110,199 | 62,886 | 54,170 | 39,014 | 17,320 | 12,686 | 500 | |
40 |
21,232 | 64,948 | 17,058 | 19,263 | 36,349 | 14,399 | 9,000 | 500 | |
41 |
44,612 | 45,251 | 45,829 | 34,906 | 2,665 | 2,921 | 3,686 | - | |
50/53 |
113,000 | 68,000 | 45,000 | - | 0 | 62,668 | 41,361 | 7,273 | |
54/58 |
51,162 | 95,669 | 37,403 | 162,947 | 128,152 | - | - | - | |
490/1 |
1,867 | 978 | 303 | 1,030 | 43 | 139 | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.6m | 1.6m | 1.6m | 822,538 | 568,601 | 460,677 | 401,355 | 368,486 | |
10/15 |
547,792 | 564,286 | 515,648 | 346,955 | 302,257 | 178,143 | 120,209 | 40,977 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
13 |
529,192 | 545,686 | 330,675 | 161,982 | 102,284 | 63,253 | 2,195 | 1,444 | |
130/1 |
- | - | - | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,200 | |
1311 |
- | - | - | 1,860 | 1,860 | - | - | - | |
132 |
31,400 | 38,212 | 424 | 424 | 424 | 424 | 335 | 244 | |
133 |
497,792 | 507,474 | 330,251 | 159,698 | 100,000 | 60,969 | - | - | |
14 |
- | - | 166,373 | 166,373 | 181,373 | 96,290 | 99,414 | 20,933 | |
16 |
10,325 | 12,596 | - | - | - | - | - | - | |
168 |
10,325 | 12,596 | - | - | - | - | - | - | |
17/49 |
1.0m | 1.1m | 1.1m | 475,583 | 266,344 | 282,534 | 281,147 | 327,509 | |
17 |
798,361 | 833,767 | 913,767 | 364,338 | 180,264 | 194,468 | 205,321 | 245,605 | |
170/4 |
798,361 | 833,767 | 913,767 | 364,338 | 180,264 | 194,468 | 205,321 | 245,605 | |
42/48 |
223,644 | 210,695 | 134,618 | 110,428 | 86,080 | 88,066 | 75,826 | 81,904 | |
42 |
87,342 | 80,000 | 84,761 | 52,477 | 56,259 | 49,777 | 40,284 | 39,992 | |
44 |
5,539 | 1,141 | 4,905 | 14,463 | 410 | 152 | 132 | 1,529 | |
440/4 |
5,539 | 1,141 | 4,905 | 14,463 | 410 | 152 | 132 | 1,529 | |
45 |
4,299 | 19,789 | 12,595 | 6,476 | 8,486 | 20,000 | 21,000 | 7,652 | |
450/3 |
4,299 | 19,789 | 12,595 | 6,000 | 8,486 | 20,000 | 21,000 | 7,652 | |
454/9 |
- | - | - | 476 | - | - | - | - | |
47/48 |
126,464 | 109,765 | 32,357 | 37,013 | 20,925 | 18,138 | 14,410 | 32,731 | |
492/3 |
3,446 | 9,114 | 2,791 | 817 | - | - | - | - | |
| Income statement | |||||||||
76A |
4,959 | 50,383 | - | - | - | - | - | - | |
9900 |
201,540 | 255,792 | 313,005 | 134,935 | 117,924 | 108,328 | 119,886 | 122,110 | |
630 |
79,159 | 67,298 | 100,855 | 46,092 | 24,958 | 21,485 | 14,354 | 86,655 | |
640/8 |
2,971 | 8,438 | 3,550 | 1,825 | 1,669 | 1,486 | 580 | 1,106 | |
9901 |
119,411 | 180,056 | 208,600 | 87,018 | 91,298 | 85,356 | 104,952 | 34,349 | |
75/76B |
3,133 | 2,567 | 7,629 | 1,188 | 61,040 | 74 | 246 | 99 | |
75 |
3,133 | 2,567 | 7,629 | 1,188 | 61,040 | 74 | 246 | 99 | |
65/66B |
12,955 | 11,717 | 17,980 | 5,975 | 4,668 | 4,831 | 4,888 | 5,071 | |
65 |
12,955 | 11,717 | 17,980 | 5,975 | 4,668 | 4,831 | 4,888 | 5,071 | |
9903 |
109,590 | 170,906 | 198,249 | 82,232 | 147,669 | 80,600 | 100,311 | 29,377 | |
780 |
2,271 | - | - | - | - | - | - | - | |
680 |
- | 12,596 | - | - | - | - | - | - | |
67/77 |
35,122 | 34,672 | 27,890 | 22,534 | 21,954 | 19,542 | 21,079 | 7,000 | |
9904 |
76,738 | 123,638 | 170,359 | 59,698 | 125,715 | 61,058 | 79,232 | 22,377 | |
789 |
6,812 | - | - | - | - | - | - | - | |
689 |
- | 37,787 | - | - | - | 89 | 91 | 244 | |
9905 |
83,550 | 85,850 | 170,359 | 59,698 | 125,715 | 60,969 | 79,141 | 22,133 | |
| Appropriation of the result | |||||||||
9906 |
83,550 | 252,223 | 336,732 | 241,071 | 222,004 | 160,382 | 100,074 | 22,133 | |
14P |
- | 166,373 | 166,373 | 181,373 | - | - | - | - | |
791/2 |
91,567 | - | 1,666 | - | - | - | - | - | |
691/2 |
81,884 | 177,223 | 170,359 | 59,698 | 39,031 | 60,969 | 660 | 1,200 | |
6920 |
- | - | - | - | - | - | 660 | 1,200 | |
6921 |
81,884 | 177,223 | 170,359 | 59,698 | 39,031 | 60,969 | - | - | |
694/7 |
93,233 | 75,000 | 1,666 | 15,000 | 1,600 | 3,124 | - | - | |
694 |
93,233 | 75,000 | 1,666 | 15,000 | 1,600 | 1,624 | - | - | |
695 |
- | - | - | - | - | 1,500 | - | - | |
| Document | |||||||||
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2025 | abbreviated format | 24-07-2026 | 2026-00325292 | |
| 30-12-2024 | abbreviated format | 24-07-2025 | 2025-00301184 | |
| 30-12-2023 | abbreviated format | 27-07-2024 | 2024-00292380 | |
| 31-12-2021 | abbreviated format | 22-07-2022 | 2022-20211633 | |
| 31-12-2020 | abbreviated format | 22-07-2021 | 2021-38400272 | |
| 31-12-2019 | abbreviated format | 28-07-2020 | 2020-36100148 | |
| 31-12-2018 | abbreviated format | 23-07-2019 | 2019-36300448 | |
| 31-12-2017 | abbreviated format | 23-07-2018 | 2018-36200326 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €441 | €501 |
| 2024 | 1 | €774 | €714 |
| 2023 | 1 | €515 | €515 |
| 2022 | 1 | €390 | €390 |
| Line | Trend | 2025 | 2024 | 202324 months | 2021 | 2020 | 2019 | 2018 | 201723 months |
|---|---|---|---|---|---|---|---|---|---|
| 198,570 | 247,355 | 309,455 | 133,111 | 116,256 | 106,842 | 119,306 | 121,004 | ||
| 155,897 | 190,936 | 271,214 | 105,790 | 150,672 | 82,543 | 93,586 | 109,032 | ||
| 75,241 | 1,709 | 917,695 | 249,093 | 45,798 | 54,727 | 950 | 447,368 | ||
| -44,507 | 58,266 | -125,544 | 34,794 | - | - | - | - | ||
| 8,228 | 64,151 | 10,974 | 107,718 | 81,130 | -7,940 | -21,780 | -74,131 | ||
| 34.6% | 34.6% | 32.9% | 42.2% | 53.2% | 38.7% | 30.0% | 11.1% | ||
| 1.04 | 1.30 | 1.08 | 1.98 | 1.94 | 0.91 | 0.71 | 0.09 | ||
| 1.87 | 1.87 | 2.04 | 1.37 | 0.88 | 1.59 | 2.34 | 7.99 | ||
| 14.0% | 21.9% | 33.0% | 17.2% | 41.6% | 34.3% | 65.9% | 54.6% | ||
| 4.8% | 7.6% | 10.9% | 7.3% | 22.1% | 13.3% | 19.7% | 6.1% | ||
| 15.33 | 21.11 | 17.21 | 22.28 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-12-2025 | 30-12-2024 | 30-12-2023 | 2021 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €833,767 | €908,324 | €982,228 | €416,814 |
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €1.0m |
| €1.0m | €1.0m | €1.0m | €1.0m | |
| Carrying value of the mortgaged assets | €1.0m | €1.1m | €1.1m | €394,228 |
| Carrying value of the other pledged assets | - | - | - | €150,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-12-2025 | 30-12-2024 | 30-12-2023 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €75,241 | €1,709 | €917,695 | €249,093 |
| €79,159 | €67,298 | €100,855 | €46,092 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 34% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 64.6% to 64.8%. Equity and debt are lower.
Source: list of holdings in its own 30-12-2025 accounts. Every holding stands with its own latest accounts.
| Name | 2017 | 2018 | 2019 | 2020 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 100% | |||||||
Source: list of holdings in its own accounts
The network starts from the directors of BEEB. Every other company they run is a node.
Deadline for the 2026 accounts: 30-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Spichtestraat 12 A registered office 8551 Zwevegem | 12-02-2016 | 2.250.003.981 |
| 12-04-2022 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen submitted 11-02-2022 · project 2021194799 | Zwevegem |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34014B1266/00H000 | 986 m² | 1 · 158 m² | 7.7 m · 2 |
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