Losses
-€44,773 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2025 was the heaviest.
BEFRO
Lifetime
18 annual accounts with figures on one time axis, 19 filings since 2006peak €56,409 (2009)
€2,661▼ 45.9%
lowest -€16,693 (2025)
-€16,693▼ €1,804
peak €117,459 (2017)
€72,686▼ 18.7%
€155,697▼ 14.6%
Board2 names since 2022
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €4,923 to €2,661Loss of €16,693Equity from €89,379 to €72,686Cash from €2,264 to €7,477
Key points
from the 2025 annual accountsFilings
19 annual accounts since 2006
The 2016 accounts came 9 days late. The other nine of the last ten were filed on time.
Position in the sector
-€16,693
Lower net result than 87% of companies in non-metallic mineral products. Sector median €6,024 · 493 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as BEFRO has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% 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.
| 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 12,322 companies, not a prediction for BEFRO. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0869887387
Change of role: , from manager to director
Gazette deed
Registered office moved from Peer to Middelkerke
New registered office: Zeedijk 163 bus 0201, 8430 Middelkerke · Previous registered office: Lindedorp 47, 3990 Peer · Gazette deed
Incorporation
published on 22-11-2004 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BEFRO Middelkerke | €228,383 | €2,661 | 31.8% | - |
| W-Design Zedelgem | €180,220 | -€33 | -257.8% | - |
| CONSTRUCT S & D Charleroi | €387,102 | -€81,066 | -19.5% | - |
| VERELST Herentals | €154,142 | €12,458 | 99.9% | - |
| A.M.BETON Heers | €126,563 | €18,666 | 13.0% | - |
| VERHULST PIET Tielt | €294,308 | €28,689 | 39.4% | - |
| TERRA LOCA SERVICES Chastre | €89,990 | €18,833 | 53.9% | - |
These companies have the same main activity as BEFRO: manufacture of other non-metallic mineral products (NACE 23630). They are comparable in size and age: total assets between €90,000 and €387,000, founded between 2001 and 2013.
Official details
Source: KBO- Status
- Active since 08-11-2004Normal situation
- Activity
- Manufacture of other non-metallic mineral productsNACE 23630
- Establishment unit
- 2.143.125.3243990 Peer, since 08-11-2004
- Financial year end
- 30 June
- Peppol
- Reachable since 09-03-2026
Annual accounts to 30-06-2025
- ≈ €20,000estimated
- €228,383▼ 15.9%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on BEFRO
BEFRO files the micro format. That format states no turnover. The gross margin rose from -€1,295 in 2007 to €2,661 in 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 BEFRO
- What is the company number of BEFRO?
- The company number of BEFRO is 0869.887.387. The VAT number is the same number with BE in front: BE 0869.887.387.
- Where is BEFRO based?
- The registered office is at Zeedijk 163, 8430 Middelkerke.Company details
- What does BEFRO do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23630).
- What is the legal form of BEFRO?
- BEFRO is a private limited company (BV).
- When was BEFRO founded?
- BEFRO was founded on 08-11-2004.
- Is BEFRO still active?
- Yes, BEFRO is an active enterprise in the KBO register.
- What is the turnover of BEFRO?
- The turnover in financial year 2025 is ≈ €20,000. This figure is estimated from the gross margin of €2,661 and 6,298 comparable companies of the same size. It probably lies between €9,300 and €49,000. It is a rough estimate.Financials
- Is BEFRO profitable?
- In financial year 2025, BEFRO made a loss of €16,693.
- Where can I find the annual accounts of BEFRO?
- BEFRO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BEFRO due?
- BEFRO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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