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BEFER SERVICES

Active
Private limited company (pre-2019)founded 1990active for 35 yearsRue des Ry de Ry(Wal) 60, 5650 Walcourt, BelgiumKBO/BCE: BE 0441.942.589
Summary

BEFER SERVICES has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€337,841) and a net result of -€15,716. Equity is shrinking by about 35% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Activity not known1 site
Size
€210,986total assets 2025
Equity
-€337,841
Loss
-€15,716
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts filed 42 days late0 of 8 deeds read
Why 53raises riskCapped at 59: negative equityLoss of €15,716 (financial year 2025)Latest accounts 42 days late; 2 of the last 3 latelowers riskSize: total assets €210,986Founded in 1990Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -160.1% of total assets
Liquidity 2-1
short-term debt 260.1% · cash 1.6%
Profitability 9-61
return on assets -7.4%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.3% 12-2024: 3.0%▲ +0.7 percentage points vs 11-2024 01-2025: 4.9%▲ +1.9 percentage points vs 12-2024 02-2025: 4.9%● unchanged vs 01-2025 03-2025: 5.2%▲ +0.3 percentage points vs 02-2025 04-2025: 5.0%▼ -0.2 percentage points vs 03-2025 05-2025: 5.0%● unchanged vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 5.0%● unchanged vs 06-2025 08-2025: 6.3%▲ +1.3 percentage points vs 07-2025highest value 09-2025: 6.3%● unchanged vs 08-2025highest value 10-2025: 6.3%● unchanged vs 09-2025highest value 11-2025: 0.5%▼ -5.8 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.38, compared with 0.33 in 2024, below 1; short-term debt: 260.1% and cash: 1.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 5% on liquidity, 11% on profitability and 31% on growth.

The bankruptcy probability was computed on 18-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €210,986
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €15,716 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 42 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021222425
2018 to 2025 · latest year -€337,841
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 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 · 10 filings
Deviation from the deadline
2025
42 days late
2024
61 days late
2022
14 days early
2021
9 days early
2020
5 days early
2019
19 days late
2018
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 26 July (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €1,124

Financials · financial year 2025, micro format

2025 annual accounts filed late (42 days) Filed on 11 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512766.

Equity
-€337,841▼ 4.9%
2024 · -€322,125
Total assets
€210,986▲ 19.8%
2024 · €176,074
Net result
-€15,716
2024 · €1,124
Working capital
-€339,784▼ 2.5%
2024 · -€331,568
Trend over the years

2020 to 2025, 5 financial years 2018 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €15,550 after €1,095 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€15,550 2025 Net result-€15,716 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220242025
Operating result€6,776--€45,459-€53,429▼ 17.5%-€34,650▲ 35.1%-€122,531▼ 254%€1,095--€15,550
Net result€2,339--€46,030-€57,231▼ 24.3%-€47,065▲ 17.8%-€124,312▼ 164%€1,124--€15,716
Equity€904--€45,127-€102,357▼ 127%-€149,422▼ 46.0%-€273,734▼ 83.2%-€322,125--€337,841▼ 4.9%
Total assets€40,942-€294,899▲ 620%€522,785▲ 77.3%€577,706▲ 10.5%€228,605▼ 60.4%€176,074-€210,986▲ 19.8%
Debt€40,039-€340,026▲ 749%€625,143▲ 83.9%€727,128▲ 16.3%€502,339▼ 30.9%€498,199-€548,827▲ 10.2%
Working capital-€30,752--€315,688▼ 927%-€106,098▲ 66.4%-€213,372▼ 101%-€324,919▼ 52.3%-€331,568--€339,784▼ 2.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210,986
Fixed assets €1,943 ▼ 79.4%
Current assets €209,043 ▲ 25.5%
Equity and liabilities
Equity-€337,841
Debt€548,827
Equity is negative: debt (€548,827) exceeds the balance-sheet total (€210,986).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,049▼
2024 · €9,225
Cash flow
-€8,215▼
2024 · €9,254
Solvency
-160.1%▲
2024 · -182.9%
Current ratio
0.38▲
2024 · 0.33
Quick ratio
0.07▼
2024 · 0.10
ROA
-7.4%▼
2024 · 0.6%
Interest coverage
-48.54▼
2024 · 53.99
Debt ≤ 1 year
€548,827▲
2024 · €498,199
Staff costs
€0▼
2024 · €61
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90.3% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,796 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€176,074€210,986▲
Fixed assets21/28€9,443€1,943▼
Tangible fixed assets22/27€9,393€1,893▼
Plant, machinery and equipment23€1,106€218▼
Furniture and vehicles24€8,287€1,674▼
Financial fixed assets28€50€50=
Current assets29/58€166,631€209,043▲
Stocks and contracts in progress3€118,597€169,097▲
Stocks30/36€118,597€169,097▲
Amounts receivable within one year40/41€43,884€35,699▼
Trade receivables40€43,884€30,239▼
Other amounts receivable41-€5,461
Cash at bank and in hand54/58€4,151€3,358▼
Deferred charges and accrued income490/1-€890
Equity and liabilities
Total equity and liabilities10/49€176,074€210,986▲
Equity10/15-€322,125-€337,841▼
Contributions10/11€37,184€37,184=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€361,168-€376,884▼
Amounts payable17/49€498,199€548,827▲
Amounts payable within one year42/48€498,199€548,827▲
Trade debts44€0€390▲
Suppliers440/4€0€390▲
Taxes, remuneration and social security45€1,079€3,017▲
Taxes450/3€1,079€3,017▲
Other amounts payable47/48€497,121€545,420▲
Income statement Code20242025
Non-recurring operating income76A€25,086€0▼
Remuneration, social security and pensions62€61€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,130€7,501▼
Other operating charges640/8€862€1,532▲
Gross operating margin9900€10,148-€6,517▼
Operating profit (loss)9901€1,095-€15,550▼
Financial income75/76B€200€0▼
Recurring financial income75€200€0▼
Financial charges65/66B€171€166▼
Recurring financial charges65€171€166▼
Profit (loss) for the period before taxes9903€1,124-€15,716▼
Income taxes67/77€0-
Profit (loss) for the period9904€1,124-€15,716▼
Profit (loss) for the period to be appropriated9905€1,124-€15,716▼
Appropriation of the result
Profit (loss) to be appropriated9906-€361,168-€376,884▼
Profit (loss) brought forward from the previous period14P-€362,292-€361,168▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220242025Change
Non-recurring operating income76A---€0-€25,086€0▼ 100%
Remuneration, social security and pensions62-----€61€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,044€6,942€721€12,209€15,823€8,130€7,501▼ 7.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€175,568---
Other operating charges640/8---€7,192€970€862€1,532▲ 77.7%
Non-recurring operating charges66A---€2,567€0---
Gross operating margin9900€14,549-€37,833-€48,596-€12,683€69,830€10,148-€6,517-
Operating profit (loss)9901€6,776-€45,459-€53,429-€34,650-€122,531€1,095-€15,550-
Financial income75/76B---€7€3,862€200€0▼ 100%
Recurring financial income75€100-€195€7€3,862€200€0▼ 100%
Financial charges65/66B---€4,850€5,524€171€166▼ 2.9%
Recurring financial charges65€69€72€3,575€4,850€5,524€171€166▼ 2.9%
Profit (loss) for the period before taxes9903€6,807-€45,531-€56,809-€39,494-€124,193€1,124-€15,716-
Income taxes67/77€4,468€499€422€7,571€120€0--
Profit (loss) for the period9904€2,339-€46,030-€57,231-€47,065-€124,312€1,124-€15,716-
Profit (loss) for the period to be appropriated9905€2,339-€46,030-€57,231-€47,065-€124,312€1,124-€15,716-
Line2018201920202021202220242025Change
Assets
Total assets20/58€40,942€294,899€522,785€577,706€228,605€176,074€210,986▲ 19.8%
Fixed assets21/28€31,655€270,561€3,741€63,950€51,303€9,443€1,943▼ 79.4%
Intangible fixed assets21-€14,874--€1,890---
Tangible fixed assets22/27€31,605€255,637€3,691€63,900€49,363€9,393€1,893▼ 79.9%
Plant, machinery and equipment23---€1,790€1,366€1,106€218▼ 80.3%
Furniture and vehicles24---€62,110€47,997€8,287€1,674▼ 79.8%
Financial fixed assets28€50€50€50€50€50€50€50=
Current assets29/58€9,287€24,338€519,044€513,756€177,302€166,631€209,043▲ 25.5%
Stocks and contracts in progress3--€505,877€433,045€118,597€118,597€169,097▲ 42.6%
Stocks30/36---€433,045€118,597€118,597€169,097▲ 42.6%
Amounts receivable within one year40/41€3,959€16,483€11,947€19,268€2,011€43,884€35,699▼ 18.6%
Trade receivables40---€18,165€2,011€43,884€30,239▼ 31.1%
Other amounts receivable41---€1,102€0-€5,461-
Cash at bank and in hand54/58€5,189€6,450-€60,117€55,476€4,151€3,358▼ 19.1%
Deferred charges and accrued income490/1---€1,326€1,218-€890-
Equity and liabilities
Total equity and liabilities10/49€40,942€294,899€522,785€577,706€228,605€176,074€210,986▲ 19.8%
Equity10/15€904-€45,127-€102,357-€149,422-€273,734-€322,125-€337,841▼ 4.9%
Contributions10/11€37,184€37,184-€37,184€37,184€37,184€37,184=
Reserves13€1,859€1,859€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€38,140-€84,170-€141,401-€188,465-€312,777-€361,168-€376,884▼ 4.4%
Amounts payable17/49€40,039€340,026€625,143€727,128€502,339€498,199€548,827▲ 10.2%
Amounts payable within one year42/48€40,039€340,026€625,143€727,128€502,221€498,199€548,827▲ 10.2%
Financial debts43---€124,893€358---
Credit institutions430/8---€124,893€358---
Trade debts44€7,254€1,363€5,143€23,362€20,821€0€390-
Suppliers440/4---€23,362€20,821€0€390-
Advances received on contracts in progress46---€182€0---
Taxes, remuneration and social security45---€11,059€557€1,079€3,017▲ 180%
Taxes450/3---€11,059€557€1,079€3,017▲ 180%
Other amounts payable47/48---€567,632€480,483€497,121€545,420▲ 9.7%
Accrued charges and deferred income492/3----€119---
Line2018201920202021202220242025Change
Profit (loss) for the period9904€2,339-€46,030-€57,231-€47,065-€124,312€1,124-€15,716-
+ Depreciation and write-downs630€2,044€6,942€721€12,209€15,823€8,130€7,501▼ 7.7%
Operating cash flow (approximation)€4,383-€39,088-€56,510-€34,856-€108,489€9,254-€8,215-
Investment in fixed assets (approximation)--€245,848€266,100-€72,418-€3,176-€0-
Change in cash-€1,261---€4,641--€793-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 11-09-2026 2026-00512766
31-12-2024 micro format 30-09-2025 2025-00525856
31-12-2022 micro format 17-07-2023 2023-00258451
31-12-2021 micro format 22-07-2022 2022-20219609
31-12-2020 micro format 26-07-2021 2021-41000490
31-12-2019 micro format 19-08-2020 2020-42000523
31-12-2018 micro format 29-07-2019 2019-38700421
31-12-2017 micro format 23-07-2018 2018-36600021
31-12-2016 micro format 03-07-2017 2017-24600347
31-12-2015 full format 26-07-2016 2016-36300209

Show all 34 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 8 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 23 November 1990, BEFER SERVICES was incorporated.1 Total assets went from €40,942 in 2018 to €210,986 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
11-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 42 days late
2025
30-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 61 days late
2024
31-12
Financial Back to profitnet €1,124
Net result €1,124 after 4 loss-making years.
2023
17-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Weakest financial yearnet -€124,312
Net result drops to -€124,312, the lowest in the series; recovery starts the following year.
22-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
26-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
19-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 19 days late
2019
29-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
23-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
03-07
NBB filing Annual accounts filed
financial year 2016 · micro format
2016
26-07
NBB filing Annual accounts filed
financial year 2015 · full format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
0 of 8 deeds read
About the unread acts

We know of 8 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded23-11-1990
Financial year end31-12
Contact
E-mail info@befer.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441942589
Also 9925:BE0441942589
Registered 19-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Walcourt · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
2,686 m²
Building footprint
284 m²
Parcel 93088B0001/00C011, Wallonia. Linked by address, not a title deed.
1 establishment unit
BEFER SERVICES
Rue des Ry de Ry(Wal) 60, 5650 WalcourtInsurance agents and brokers
since 1990unit no. 2.050.487.552
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
93088B0001/00C011 Wallonia 2,686 m² 1 · 284 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.