BEG IMMO
ActiveSummary
The computed 12-month bankruptcy probability of BEG IMMO is 4.3% (elevated). The 2025 annual accounts show negative equity (-€26,813) and a net result of -€4,226. Equity is shrinking by ~23.9% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, micro schema
2023 to 2025, 3 fiscal years
The operating result stays negative: a loss of €1,037 in 2025 against €3,237 in 2024; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.3% 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 497,450 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 1,555 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,968 | €11,297 | €11,297 | = |
| Other operating charges640/8 | €1,098 | €1,482 | €722 | ▼ 51.3% |
| Gross operating margin9900 | €9,454 | €9,542 | €10,982 | ▲ 15.1% |
| Operating profit (loss)9901 | -€7,612 | -€3,237 | -€1,037 | ▲ 68.0% |
| Financial charges65/66B | €18,426 | €3,312 | €3,189 | ▼ 3.7% |
| Recurring financial charges65 | €18,426 | €3,312 | €3,189 | ▼ 3.7% |
| Profit (loss) for the period before taxes9903 | -€26,038 | -€6,549 | -€4,226 | ▲ 35.5% |
| Profit (loss) for the period9904 | -€26,038 | -€6,549 | -€4,226 | ▲ 35.5% |
| Profit (loss) for the period to be appropriated9905 | -€26,038 | -€6,549 | -€4,226 | ▲ 35.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €184,312 | €174,212 | €164,580 | ▼ 5.5% |
| Fixed assets21/28 | €183,330 | €172,033 | €160,736 | ▼ 6.6% |
| Tangible fixed assets22/27 | €183,330 | €172,033 | €160,736 | ▼ 6.6% |
| Land and buildings22 | €183,330 | €172,033 | €160,736 | ▼ 6.6% |
| Current assets29/58 | €982 | €2,179 | €3,844 | ▲ 76.4% |
| Cash at bank and in hand54/58 | €785 | €470 | €635 | ▲ 35.1% |
| Deferred charges and accrued income490/1 | €197 | €1,709 | €3,209 | ▲ 87.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €184,312 | €174,212 | €164,580 | ▼ 5.5% |
| Equity10/15 | -€16,038 | -€22,587 | -€26,813 | ▼ 18.7% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€26,038 | -€32,587 | -€36,813 | ▼ 13.0% |
| Amounts payable17/49 | €200,350 | €196,799 | €191,393 | ▼ 2.7% |
| Amounts payable after more than one year17 | €143,964 | €137,241 | €130,376 | ▼ 5.0% |
| Financial debts170/4 | €143,964 | €137,241 | €130,376 | ▼ 5.0% |
| Amounts payable within one year42/48 | €56,386 | €59,558 | €61,017 | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | €6,583 | €6,723 | €6,865 | ▲ 2.1% |
| Trade debts44 | €643 | €2,451 | €2,512 | ▲ 2.5% |
| Suppliers440/4 | €643 | €2,451 | €2,512 | ▲ 2.5% |
| Other amounts payable47/48 | €49,160 | €50,384 | €51,640 | ▲ 2.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,038 | -€6,549 | -€4,226 | ▲ 35.5% |
| + Depreciation and write-downs630 | €15,968 | €11,297 | €11,297 | = |
| Operating cash flow (approximation) | -€10,070 | €4,748 | €7,071 | ▲ 48.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€315 | €165 | ▲ 152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.