BEGEGO
ActiveSummary
BEGEGO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of -€64,930. Equity is shrinking by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+57
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 3.13 against 3.61 in 2024; short-term debt: 12.7% and cash: 0.1% of total assets), and 12.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.3%
Return on assets
-2.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€64,930
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
28 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
Equity
€2.4m▼ 2.6%
2024 · €2.5m
Total assets
€2.8m▼ 1.3%
2024 · €2.8m
Net result
-€64,930▲ 69.1%
2024 · -€210,324
Working capital
€750,900▼ 5.4%
2024 · €793,801
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
Line20212022202320242025
Operating result-€65,703▼ 20.6%-€62,581▲ 4.8%-€81,996▼ 31.0%-€208,723▼ 155%-€63,277▲ 69.7%
Net result-€67,918▼ 18.9%-€64,643▲ 4.8%-€83,375▼ 29.0%-€210,324▼ 152%-€64,930▲ 69.1%
Equity€2.9m▼ 2.2%€2.8m▼ 2.3%€2.7m▼ 3.0%€2.5m▼ 7.8%€2.4m▼ 2.6%
Total assets€3.2m▼ 2.0%€3.1m▼ 2.0%€3.1m▼ 2.3%€2.8m▼ 7.5%€2.8m▼ 1.3%
Debt€328,338▲ 0.7%€328,751▲ 0.1%€341,904▲ 4.0%€323,368▼ 5.4%€353,118▲ 9.2%
Working capital€1.0m▼ 1.8%€1.0m▼ 1.5%€968,279▼ 3.7%€793,801▼ 18.0%€750,900▼ 5.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +69% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €63,277 in 2025 against €208,723 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€1.7m ▼ 2.4%
Current assets
€1.1m ▲ 0.5%
Equity and liabilities €2.8m
Equity
€2.4m ▼ 2.6%
Provisions
€2,277 ▼ 12.5%
Debt
€353,118 ▲ 9.2%
Debt's share of the balance-sheet total rises from 11.5% to 12.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13,577▲
2024 · -€130,829
Cash flow
€11,925▲
2024 · -€132,430
Current ratio
3.13▼
2024 · 3.61
Debt to equity
0.15▲
2024 · 0.13
ROE
-2.7%▲
2024 · -8.4%
ROA
-2.3%▲
2024 · -7.4%
Interest coverage
6.87▲
2024 · -67.91
Debt ≤ 1 year
€353,118▲
2024 · €304,717
Debt > 1 year
€0▼
2024 · €18,651
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 8,594 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80,163 | €80,163 | €78,829 | €77,894 | €76,855 | ▼ 1.3% |
| Other operating charges640/8 | €9,097 | €9,285 | €9,688 | €10,053 | €10,367 | ▲ 3.1% |
| Gross operating margin9900 | €23,556 | €26,867 | €6,520 | -€120,775 | €23,944 | ▲ 120% |
| Operating profit (loss)9901 | -€65,703 | -€62,581 | -€81,996 | -€208,723 | -€63,277 | ▲ 69.7% |
| Financial charges65/66B | €2,525 | €2,387 | €1,704 | €1,927 | €1,977 | ▲ 2.6% |
| Recurring financial charges65 | €2,525 | €2,387 | €1,704 | €1,927 | €1,977 | ▲ 2.6% |
| Profit (loss) for the period before taxes9903 | -€68,228 | -€64,968 | -€83,700 | -€210,649 | -€65,255 | ▲ 69.0% |
| Transfer from deferred taxes780 | €325 | €325 | €325 | €325 | €325 | = |
| Income taxes67/77 | €15 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€67,918 | -€64,643 | -€83,375 | -€210,324 | -€64,930 | ▲ 69.1% |
| Transfer from tax-exempt reserves789 | €1,301 | €1,301 | €1,301 | €1,301 | €1,301 | = |
| Profit (loss) for the period to be appropriated9905 | -€66,617 | -€63,342 | -€82,074 | -€209,024 | -€63,629 | ▲ 69.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €3.1m | €3.1m | €2.8m | €2.8m | ▼ 1.3% |
| Fixed assets21/28 | €2.0m | €1.9m | €1.8m | €1.7m | €1.7m | ▼ 2.4% |
| Tangible fixed assets22/27 | €2.0m | €1.9m | €1.8m | €1.7m | €1.7m | ▼ 2.4% |
| Land and buildings22 | €1.9m | €1.8m | €1.8m | €1.7m | €1.7m | ▼ 1.9% |
| Plant, machinery and equipment23 | - | - | €1,554 | €10,722 | €8,516 | ▼ 20.6% |
| Furniture and vehicles24 | €28,558 | €22,927 | €17,297 | €11,666 | €6,035 | ▼ 48.3% |
| Current assets29/58 | €1.2m | €1.3m | €1.3m | €1.1m | €1.1m | ▲ 0.5% |
| Amounts receivable within one year40/41 | €1.2m | €1.3m | €1.3m | €1.1m | €1.1m | ▲ 0.7% |
| Trade receivables40 | - | - | - | - | €3,075 | - |
| Other amounts receivable41 | €1.2m | €1.3m | €1.3m | €1.1m | €1.1m | ▲ 0.4% |
| Cash at bank and in hand54/58 | €10,478 | €3,064 | €6,019 | €6,255 | €4,181 | ▼ 33.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €3.1m | €3.1m | €2.8m | €2.8m | ▼ 1.3% |
| Equity10/15 | €2.9m | €2.8m | €2.7m | €2.5m | €2.4m | ▼ 2.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €2.8m | €2.7m | €2.6m | €2.4m | €2.4m | ▼ 2.7% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €14,312 | €13,011 | €11,710 | €10,410 | €9,109 | ▼ 12.5% |
| Distributable reserves133 | €2.8m | €2.7m | €2.6m | €2.4m | €2.4m | ▼ 2.6% |
| Provisions and deferred taxes16 | €3,578 | €3,253 | €2,928 | €2,602 | €2,277 | ▼ 12.5% |
| Deferred taxes168 | €3,578 | €3,253 | €2,928 | €2,602 | €2,277 | ▼ 12.5% |
| Amounts payable17/49 | €328,338 | €328,751 | €341,904 | €323,368 | €353,118 | ▲ 9.2% |
| Amounts payable after more than one year17 | €112,252 | €81,478 | €50,280 | €18,651 | €0 | ▼ 100% |
| Financial debts170/4 | €112,252 | €81,478 | €50,280 | €18,651 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €216,087 | €247,274 | €291,625 | €304,717 | €353,118 | ▲ 15.9% |
| Current portion of amounts payable after more than one year42 | €32,866 | €33,319 | €33,779 | €34,244 | €21,304 | ▼ 37.8% |
| Trade debts44 | - | €4,586 | €30,299 | €4,037 | €1,086 | ▼ 73.1% |
| Suppliers440/4 | - | €4,586 | €30,299 | €4,037 | €1,086 | ▼ 73.1% |
| Other amounts payable47/48 | €183,221 | €209,368 | €227,547 | €266,435 | €330,728 | ▲ 24.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€67,918 | -€64,643 | -€83,375 | -€210,324 | -€64,930 | ▲ 69.1% |
| + Depreciation and write-downs630 | €80,163 | €80,163 | €78,829 | €77,894 | €76,855 | ▼ 1.3% |
| Operating cash flow (approximation) | €12,245 | €15,520 | -€4,546 | -€132,430 | €11,925 | ▲ 109% |
| Investment in fixed assets (approximation) | - | €0 | -€1,616 | -€10,095 | -€35,849 | ▼ 255% |
| Change in cash | - | -€7,414 | €2,955 | €236 | -€2,075 | ▼ 978% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€210,324
Net result drops to -€210,324, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB 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, Schilde · 1 establishment unit since 1990
Ground area
3,235 m²
Building footprint
288 m²
Parcel 11922C0381/00C003, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BEGEGO BVBA
since 19902.049.349.979
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0381/00C003 | Flanders | 3,235 m² | 1 · 288 m² | - |
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.
Identification & contact
Identification
Legal formPublic limited company
Founded27-06-1990
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441297243
Also
9925:BE0441297243
Registered
14-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.