Summary
BEEHIVE has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €21.2m and a net result of €4.5m. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 46% of 8737 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
19 d early
2022
24 d late
2021
26 d early
2020
23 d early
2019
23 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by equity in Staden, Professional and technical services sector#2 company by total assets in Staden, Professional and technical services sector
Turnover
€756,000▲ 12.6%
2021 · €671,500
EBIT margin
20.8%▼ 4.1pp
2021 · 24.9%
Net result
€4.5m▼ 18.2%
2024 · €5.5m
Working capital
-€14.9m▲ 15.9%
2024 · -€17.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Turnover€671,500▲ 149%€756,000▲ 12.6%
Operating result€167,299▲ 241%€157,295▼ 6.0%€5.6m▲ 3,433%€677,668▼ 87.8%€1.4m▲ 107%
Net result€2.2mabove the sector's middle half▲ 80.1%-€4.6mbelow the sector's middle half€6.6mabove the sector's middle half€5.5mabove the sector's middle half▼ 17.0%€4.5mabove the sector's middle half▼ 18.2%
EBIT margin24.9%▲ 6.7pp20.8%▼ 4.1pp
Equity€20.4mabove the sector's middle half▲ 12.0%€15.8mabove the sector's middle half▼ 22.5%€16.5mabove the sector's middle half▲ 4.4%€17.7mabove the sector's middle half▲ 7.1%€21.2mabove the sector's middle half▲ 19.6%
Total assets€34.2mabove the sector's middle half▲ 0.3%€37.0mabove the sector's middle half▲ 8.2%€41.9mabove the sector's middle half▲ 13.2%€43.7mabove the sector's middle half▲ 4.4%€44.4mabove the sector's middle half▲ 1.6%
Debt€13.7m▼ 13.1%€21.1m▲ 53.9%€25.3m▲ 19.9%€26.0m▲ 2.6%€23.2m▼ 10.7%
Working capital-€10.1m▲ 4.6%-€15.5m▼ 52.4%-€17.0m▼ 9.8%-€17.7m▼ 4.2%-€14.9m▲ 15.9%
Solvency59.8%within the sector's middle half▲ 6.2pp42.8%within the sector's middle half▼ 17.0pp39.5%within the sector's middle half▼ 3.3pp40.5%within the sector's middle half▲ 1.0pp47.7%within the sector's middle half▲ 7.2pp
Staff (FTE)5.1within the sector's middle half▲ 27.5%6.5within the sector's middle half▲ 27.5%5.8above the sector's middle half▼ 10.8%3.4above the sector's middle half▼ 41.4%3.1above the sector's middle half▼ 8.8%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 107% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.4m
Fixed assets
€37.4m ▲ 0.1%
Current assets
€7.0m ▲ 10.4%
Equity and liabilities €44.4m
Equity
€21.2m ▲ 19.6%
Debt
€23.2m ▼ 10.7%
Debt's share of the balance-sheet total falls from 59.5% to 52.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
21.1%▼
2024 · 30.9%
ROA
10.1%▼
2024 · 12.5%
Debt ≤ 1 year
€21.9m▼
2024 · €24.0m
Debt > 1 year
€1.3m▼
2024 · €2.0m
Income taxes
€601▲
2024 · €565
Staff costs
€316,489▼
2024 · €327,820
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €671,500 | €756,593 | - | - | - | - |
| Turnover70 | €671,500 | €756,000 | - | - | - | - |
| Other operating income74 | - | €593 | - | - | - | - |
| Non-recurring operating income76A | - | - | €4.0m | €0 | - | - |
| Operating charges60/66A | €504,201 | €599,298 | - | - | - | - |
| Services and other goods61 | €34,321 | €48,901 | - | - | - | - |
| Remuneration, social security and pensions62 | €469,769 | €550,285 | €539,631 | €327,820 | €316,489 | ▼ 3.5% |
| Other operating charges640/8 | €111 | €112 | €115 | €1,128 | €128 | ▼ 88.7% |
| Gross operating margin9900 | - | - | €6.1m | €1.0m | €1.7m | ▲ 70.6% |
| Operating profit (loss)9901 | €167,299 | €157,295 | €5.6m | €677,668 | €1.4m | ▲ 107% |
| Financial income75/76B | €2.2m | €1.7m | €1.7m | €5.3m | €3.4m | ▼ 36.5% |
| Recurring financial income75 | €2.2m | €1.7m | €1.7m | €5.3m | €3.4m | ▼ 36.5% |
| Income from financial fixed assets750 | €2.2m | €1.7m | - | - | - | - |
| Other financial income752/9 | €2 | €21 | - | - | - | - |
| Financial charges65/66B | €167,558 | €6.5m | €668,117 | €540,021 | €312,867 | ▼ 42.1% |
| Recurring financial charges65 | €167,558 | €6.5m | €668,117 | €540,021 | €312,867 | ▼ 42.1% |
| Debt charges650 | €167,558 | €153,022 | - | - | - | - |
| Other financial charges652/9 | - | €6.3m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.2m | -€4.6m | €6.6m | €5.5m | €4.5m | ▼ 18.2% |
| Income taxes67/77 | €3,255 | -€1,850 | €722 | €565 | €601 | ▲ 6.3% |
| Taxes670/3 | €3,255 | €768 | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €2,617 | - | - | - | - |
| Profit (loss) for the period9904 | €2.2m | -€4.6m | €6.6m | €5.5m | €4.5m | ▼ 18.2% |
| Transfer from tax-exempt reserves789 | - | - | €2,452 | €2,452 | €162 | ▼ 93.4% |
| Transfer to tax-exempt reserves689 | - | €5,067 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €2.2m | -€4.6m | €6.6m | €5.5m | €4.5m | ▼ 18.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34.2m | €37.0m | €41.9m | €43.7m | €44.4m | ▲ 1.6% |
| Fixed assets21/28 | €34.0m | €35.7m | €35.7m | €37.3m | €37.4m | ▲ 0.1% |
| Tangible fixed assets22/27 | - | €425,703 | €425,703 | €425,703 | €425,703 | = |
| Land and buildings22 | - | €425,703 | €425,703 | €425,703 | €425,703 | = |
| Financial fixed assets28 | €34.0m | €35.3m | €35.3m | €36.9m | €36.9m | ▲ 0.1% |
| Affiliated companies280/1 | €34.0m | €35.3m | - | - | - | - |
| Participating interests280 | €34.0m | €35.3m | - | - | - | - |
| Current assets29/58 | €194,483 | €1.2m | €6.1m | €6.3m | €7.0m | ▲ 10.4% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | - | €1.1m | €6.1m | €5.9m | €7.0m | ▲ 17.3% |
| Trade receivables40 | - | €178,030 | €1.0m | €380,316 | €178,030 | ▼ 53.2% |
| Other amounts receivable41 | - | €910,598 | €5.1m | €5.6m | €6.8m | ▲ 22.2% |
| Cash at bank and in hand54/58 | €194,483 | €152,751 | €25,404 | €396,097 | €26,491 | ▼ 93.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34.2m | €37.0m | €41.9m | €43.7m | €44.4m | ▲ 1.6% |
| Equity10/15 | €20.4m | €15.8m | €16.5m | €17.7m | €21.2m | ▲ 19.6% |
| Contributions10/11 | €17.0m | €17.0m | €12.0m | €9.6m | €9.6m | = |
| Reserves13 | €3.4m | €3.5m | €4.5m | €8.1m | €11.6m | ▲ 42.8% |
| Tax-exempt reserves132 | - | €5,067 | €2,614 | €162 | €0 | ▼ 100% |
| Distributable reserves133 | €3.4m | €3.4m | €4.5m | €8.1m | €11.6m | ▲ 42.9% |
| Profit (loss) carried forward14 | - | -€4.6m | €0 | €0 | €0 | - |
| Amounts payable17/49 | €13.7m | €21.1m | €25.3m | €26.0m | €23.2m | ▼ 10.7% |
| Amounts payable after more than one year17 | €3.4m | €4.4m | €2.2m | €2.0m | €1.3m | ▼ 32.7% |
| Financial debts170/4 | €3.4m | €4.4m | €2.2m | €2.0m | €1.3m | ▼ 32.7% |
| Credit institutions173 | €3.4m | €4.4m | - | - | - | - |
| Amounts payable within one year42/48 | €10.3m | €16.7m | €23.1m | €24.0m | €21.9m | ▼ 9.0% |
| Current portion of amounts payable after more than one year42 | €1.7m | €2.2m | €2.2m | €637,676 | €641,664 | ▲ 0.6% |
| Financial debts43 | €0 | €12.0m | €12.0m | €8.5m | €0 | ▼ 100% |
| Credit institutions430/8 | €0 | €12.0m | €12.0m | €8.5m | €0 | ▼ 100% |
| Trade debts44 | €30,797 | €1.4m | €1.8m | €691,426 | €1.2m | ▲ 68.9% |
| Suppliers440/4 | €30,797 | €1.4m | €1.8m | €691,426 | €1.2m | ▲ 68.9% |
| Taxes, remuneration and social security45 | €105,810 | €140,325 | €144,226 | €57,728 | €71,310 | ▲ 23.5% |
| Taxes450/3 | €42,177 | €86,118 | €84,470 | €46,312 | €35,864 | ▼ 22.6% |
| Remuneration and social security454/9 | €63,633 | €54,206 | €59,756 | €11,416 | €35,446 | ▲ 210% |
| Other amounts payable47/48 | €8.5m | €960,331 | €7.0m | €14.1m | €20.0m | ▲ 41.4% |
| Accrued charges and deferred income492/3 | - | €27,131 | €46,926 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.2m | -€4.6m | €6.6m | €5.5m | €4.5m | ▼ 18.2% |
| Operating cash flow (approximation) | €2.2m | -€4.6m | €6.6m | €5.5m | €4.5m | ▼ 18.2% |
| Investment in fixed assets (approximation) | - | -€1.8m | €9,130 | -€1.6m | -€21,652 | ▲ 98.7% |
| Change in cash | - | -€41,732 | -€127,347 | €370,693 | -€369,606 | ▼ 200% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €6.6m
Net result €6.6m after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
06-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2022
31-12
Financial
Weakest financial yearnet -€4.6m
Net result drops to -€4.6m, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Staden · 1 establishment unit since 2019
Ground area
3,835 m²
Building footprint
895 m²
Volume, LiDAR
919 m³
Parcel 36014C0261/00V003, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
BEEHIVE
since 20192.291.948.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014C0261/00V003 | Flanders | 3,835 m² | 1 · 895 m² | 4.9 m |
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.
Structure & network
Heads the group
BEEHIVE
10 companies
Group, risk and exposure
Owners and holdings
6 holdings · 10 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 6
-
100%
-
100%
-
100%
-
99.73%
-
73.42%
-
39%
All subsidiaries, including indirect ones 10
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- ALB France SASFR 100%
ALHEEMBOUW 100%5 subsidiaries
- Consortium Een uit de Duizend 100%
- De Oogappel 100%
- FundamentALH 100%
- Metis I Poperinge 75%
- Metis I Wingene 75%
- DE STEENOVEN 100%
- KNAP Project 99.73%
- Metaalconstructie Blomme 73.42%
According to the 2025 annual accounts of BEEHIVE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 3,875 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
Founded13-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82100Office administrative and support services
Contact
E-mail
nico.hoorne@alheembouw.be
Phone
051221586Staden
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728450994
Also
9925:BE0728450994
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.