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BEGECOM

Active
Public limited companyfounded 200224 yrs activeChemin Sainte-Anne 23, 1380 Lasne, BelgiumKBO/BCE: BE 0476.892.877
Summary

BEGECOM has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-192k) and a net result of €-162k. Equity is shrinking by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 200.3% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-120.9%
Return on assets
-102.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-192k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
71 d early
2022
23 d late
2021
27 d early
2020
4 d early
2019
13 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 February 2002, BEGECOM was incorporated.1 Total assets went from EUR 312,390 in 2018 to EUR 158,729 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€-192k▼ 553%
2023 · €-29k
Total assets
€159k▼ 44.6%
2023 · €287k
Net result
€-162k▼ 249%
2023 · €-47k
Working capital
€-315k▼ 12.2%
2023 · €-281k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€460▼ 96.9%€-31k€-14k▲ 54.8%€-31k▼ 115%€-38k▼ 25.4%
Net result€-7k€-32k▼ 336%€-25k▲ 21.2%€-47k▼ 83.9%€-162k▼ 249%
Equity€76k▼ 8.9%€43k▼ 42.5%€17k▼ 60.5%€-29k€-192k▼ 553%
Total assets€308k▼ 0.4%€295k▼ 4.0%€312k▲ 5.7%€287k▼ 8.3%€159k▼ 44.6%
Debt€232k▲ 2.8%€252k▲ 8.5%€295k▲ 17.2%€316k▲ 7.0%€351k▲ 11.0%
Working capital€-218k▼ 8.6%€-244k▼ 12.0%€-255k▼ 4.5%€-281k▼ 10.4%€-315k▼ 12.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-150k€-100k€-50k€0Operating result 2020: €460€460Net result 2020: €-7k€-7kOperating result 2021: €-31k€-31kNet result 2021: €-32k€-32kOperating result 2022: €-14k€-14kNet result 2022: €-25k€-25kOperating result 2023: €-31k€-31kNet result 2023: €-47k€-47kOperating result 2024: €-38k€-38kNet result 2024: €-162k€-162k20202021202220232024€-200k€-150k€-100k€-50k€0Operating result 2022: €-14k€-14kNet result 2022: €-25k€-25kOperating result 2023: €-31k€-31kNet result 2023: €-47k€-47kOperating result 2024: €-38k€-38kNet result 2024: €-162k€-162k202220232024
The operating result stays negative: a loss of €38k in 2024 against €31k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets €156k ▼ 45.1%
Current assets €2k ▲ 24.6%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-33k▼
2023 · €-25k
Cash flow
€-157k▼
2023 · €-41k
Solvency
-120.9%▼
2023 · -10.2%
Current ratio
0.01▲
2023 · 0.01
Debt to equity
-1.83▲
2023 · -10.76
ROA
-102.4%▼
2023 · -16.2%
Interest coverage
-30.49▼
2023 · -1.55
Debt ≤ 1 year
€318k▲
2023 · €283k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€287k€159k▼
Fixed assets21/28€285k€156k▼
Tangible fixed assets22/27€131k€126k▼
Land and buildings22€130k€125k▼
Furniture and vehicles24€1k€958▼
Other tangible fixed assets26€300€300=
Financial fixed assets28€153k€30k▼
Current assets29/58€2k€2k▲
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40€2k€1k▼
Other amounts receivable41€17€1k▲
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1€227-
Equity and liabilities
Total equity and liabilities10/49€287k€159k▼
Equity10/15€-29k€-192k▼
Contributions10/11€221k€221k=
Capital10€221k€221k=
Issued capital100€221k€221k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€-252k€-414k▼
Amounts payable17/49€316k€351k▲
Amounts payable within one year42/48€283k€318k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€606€901▲
Suppliers440/4€606€901▲
Taxes, remuneration and social security45€220€147▼
Taxes450/3€220€147▼
Other amounts payable47/48€279k€315k▲
Accrued charges and deferred income492/3€33k€33k=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€-20k€-28k▼
Operating profit (loss)9901€-31k€-38k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€16k€124k▲
Recurring financial charges65€16k€1k▼
Non-recurring financial charges66B-€123k
Profit (loss) for the period before taxes9903€-47k€-162k▼
Profit (loss) for the period9904€-47k€-162k▼
Profit (loss) for the period to be appropriated9905€-47k€-162k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-252k€-414k▼
Profit (loss) brought forward from the previous period14P€-205k€-252k▼

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

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k€5k€6k€5k▼ 10.2%
Other operating charges640/8-€4k€4k€5k€5k▲ 1.0%
Gross operating margin9900€10k€-21k€-5k€-20k€-28k▼ 41.4%
Operating profit (loss)9901€460€-31k€-14k€-31k€-38k▼ 25.4%
Financial income75/76B----€1-
Recurring financial income75----€1-
Financial charges65/66B-€766€11k€16k€124k▲ 676%
Recurring financial charges65€8k€766€11k€16k€1k▼ 93.2%
Non-recurring financial charges66B----€123k-
Profit (loss) for the period before taxes9903€-7k€-32k€-25k€-47k€-162k▼ 249%
Profit (loss) for the period9904€-7k€-32k€-25k€-47k€-162k▼ 249%
Profit (loss) for the period to be appropriated9905€-7k€-32k€-25k€-47k€-162k▼ 249%
Line20202021202220232024Change
Assets
Total assets20/58€308k€295k€312k€287k€159k▼ 44.6%
Fixed assets21/28€300k€294k€289k€285k€156k▼ 45.1%
Tangible fixed assets22/27€147k€141k€136k€131k€126k▼ 3.9%
Land and buildings22-€139k€135k€130k€125k▼ 3.7%
Furniture and vehicles24-€2k€1k€1k€958▼ 30.7%
Other tangible fixed assets26-€300€300€300€300=
Financial fixed assets28€153k€153k€153k€153k€30k▼ 80.4%
Current assets29/58€8k€1k€23k€2k€2k▲ 24.6%
Amounts receivable within one year40/41€8k€811€1k€2k€2k▲ 40.8%
Trade receivables40-€735€1k€2k€1k▼ 19.5%
Other amounts receivable41-€76€6€17€1k▲ 6,085%
Cash at bank and in hand54/58€0€0€22k€0€0=
Deferred charges and accrued income490/1-€219-€227--
Equity and liabilities
Total equity and liabilities10/49€308k€295k€312k€287k€159k▼ 44.6%
Equity10/15€76k€43k€17k€-29k€-192k▼ 553%
Contributions10/11€221k€221k€221k€221k€221k=
Capital10-€221k€221k€221k€221k=
Issued capital100-€221k€221k€221k€221k=
Reserves13€1k€1k€1k€1k€1k=
Non-distributable reserves130/1-€1k€1k€1k€1k=
Legal reserve130-€1k€1k€1k€1k=
Profit (loss) carried forward14€-147k€-179k€-205k€-252k€-414k▼ 64.6%
Amounts payable17/49€232k€252k€295k€316k€351k▲ 11.0%
Amounts payable within one year42/48€225k€245k€278k€283k€318k▲ 12.2%
Financial debts43-€1k-€3k€2k▼ 42.6%
Credit institutions430/8-€1k-€3k€2k▼ 42.6%
Trade debts44€2k€41€591€606€901▲ 48.6%
Suppliers440/4-€41€591€606€901▲ 48.6%
Taxes, remuneration and social security45-€503€5k€220€147▼ 33.1%
Taxes450/3-€503€5k€220€147▼ 33.1%
Other amounts payable47/48-€243k€272k€279k€315k▲ 12.9%
Accrued charges and deferred income492/3-€7k€17k€33k€33k=
Line20202021202220232024Change
Profit (loss) for the period9904€-7k€-32k€-25k€-47k€-162k▼ 249%
+ Depreciation and write-downs630€6k€6k€5k€6k€5k▼ 10.2%
Operating cash flow (approximation)€-1k€-26k€-20k€-41k€-157k▼ 286%
Investment in fixed assets (approximation)-€0€-440€-1k€123k▲ 12,098%
Change in cash-€0€22k€-22k€0▲ 100%

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

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Timeline · acts, filings and financial milestones

2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-162k
Net result drops to €-162k, the lowest in the series.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
13-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
13-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
17-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Lasne · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
9,629 m²
Building footprint
550 m²
Volume, LiDAR
1,073 m³
2 parcels, Wallonia · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Chemin Sainte-Anne 27, 1380 Lasne
NACE 74131
since 20022.098.925.095
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25076A0291/00A006 Wallonia 6,617 m² 1 · 306 m² -
25076A0289/00K000 Wallonia 3,012 m² 1 · 244 m² 8.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,711 companies in sector 73200 we hold annual accounts for 1,781. 776 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded11-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
70200Business and other management consultancy
71112Activities of interior architects

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