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BEITHIMA

Active
Public limited companyfounded 199828 yrs activeRue de la Terre à Briques(MAR) 29, 7522 Tournai, BelgiumKBO/BCE: BE 0462.758.888
Summary

BEITHIMA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€415,504) and a net result of -€131,269. Equity is shrinking by ~51.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▼-2
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0% and cash: 0.9% of total assets, and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
-45.7%
Return on assets
-14.4%
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 28 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 -€415,504
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 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
23 d early
2023
9 d early
2022
17 d early
2021
18 d early
2020
22 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 21 days before 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 (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 25 February 1998, BEITHIMA was incorporated.1 Total assets went from EUR 1.2 million in 2018 to EUR 908,518 in 2024.2

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

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€131,269▲ 3.3%
2023 · -€135,715
Working capital
€45,458
2023 · -€1.3m
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-€123,105▲ 14.0%-€144,196▼ 17.1%-€149,450▼ 3.6%-€131,825▲ 11.8%-€130,415▲ 1.1%
Net result-€123,187▲ 15.2%-€144,292▼ 17.1%-€149,501▼ 3.6%-€135,715▲ 9.2%-€131,269▲ 3.3%
Equity€145,273▼ 45.9%€981▼ 99.3%-€148,520-€284,235▼ 91.4%-€415,504▼ 46.2%
Total assets€1.2m▲ 17.3%€1.3m▲ 5.2%€1.2m▼ 8.0%€1.1m▼ 11.3%€908,518▼ 14.7%
Debt€1.1m▲ 38.8%€1.3m▲ 19.0%€1.3m▲ 3.5%€1.3m=€1.3m▼ 1.9%
Working capital-€1.1m▼ 36.2%-€1.2m▼ 15.3%-€1.3m▼ 6.6%-€1.3m▲ 0.8%€45,458
Staff (FTE)00
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2020: -€123,105-€123,105Net result 2020: -€123,187-€123,187Operating result 2021: -€144,196-€144,196Net result 2021: -€144,292-€144,292Operating result 2022: -€149,450-€149,450Net result 2022: -€149,501-€149,501Operating result 2023: -€131,825-€131,825Net result 2023: -€135,715-€135,715Operating result 2024: -€130,415-€130,415Net result 2024: -€131,269-€131,26920202021202220232024-€150,000-€100,000-€50,000€0Operating result 2022: -€149,450-€149,000Net result 2022: -€149,501-€150,000Operating result 2023: -€131,825-€132,000Net result 2023: -€135,715-€136,000Operating result 2024: -€130,415-€130,000Net result 2024: -€131,269-€131,000202220232024
The operating result stays negative: a loss of €130,415 in 2024 against €131,825 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €908,518
Fixed assets €862,851 ▼ 13.8%
Current assets €45,667 ▼ 28.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,643▼
2023 · €7,924
Cash flow
€6,789▲
2023 · €4,034
Solvency
-45.7%▼
2023 · -26.7%
Debt to equity
-3.19▲
2023 · -4.75
ROA
-14.4%▼
2023 · -12.7%
Interest coverage
8.95▼
2023 · 124.55
Debt ≤ 1 year
€209▼
2023 · €1.3m
Debt > 1 year
€1.3m
A ratio outside any meaningful range has been withheld (balance sheet total €908,518, equity -€415,504).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 685 companies that looked in July 2024 the way this one looks now, 6.3% went bankrupt within 24 months and 84% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
6.3% went bankrupt
6.1% stopped otherwise
84% still going

A further 3.9% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 685 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 · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€908,518▼
Fixed assets21/28€1.0m€862,851▼
Tangible fixed assets22/27€1.0m€862,851▼
Land and buildings22€678,239€584,359▼
Plant, machinery and equipment23€322,670€278,493▼
Financial fixed assets28€0-
Current assets29/58€64,115€45,667▼
Amounts receivable within one year40/41€34,869€34,869=
Other amounts receivable41€34,869€34,869=
Cash at bank and in hand54/58€27,027€8,306▼
Deferred charges and accrued income490/1€2,219€2,492▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€908,518▼
Equity10/15-€284,235-€415,504▼
Contributions10/11€1.7m€1.7m=
Capital10€1.7m€1.7m=
Issued capital100€1.7m€1.7m=
Profit (loss) carried forward14-€2.0m-€2.2m▼
Amounts payable17/49€1.3m€1.3m▼
Amounts payable after more than one year17-€1.3m
Other amounts payable178/9-€1.3m
Amounts payable within one year42/48€1.3m€209▼
Trade debts44€960€209▼
Suppliers440/4€960€209▼
Other amounts payable47/48€1.3m€0▼
Accrued charges and deferred income492/3€2,444€11▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139,749€138,058▼
Other operating charges640/8€3,393€3,708▲
Gross operating margin9900€11,317€11,351▲
Operating profit (loss)9901-€131,825-€130,415▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3,890€854▼
Recurring financial charges65€64€854▲
Non-recurring financial charges66B€3,826€0▼
Profit (loss) for the period before taxes9903-€135,715-€131,269▲
Profit (loss) for the period9904-€135,715-€131,269▲
Profit (loss) for the period to be appropriated9905-€135,715-€131,269▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2.0m-€2.2m▼
Profit (loss) brought forward from the previous period14P-€1.9m-€2.0m▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (10 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€133,553€151,878€156,249€139,749€138,058▼ 1.2%
Other operating charges640/8-€3,035€3,088€3,393€3,708▲ 9.3%
Gross operating margin9900€13,185€10,717€9,888€11,317€11,351▲ 0.3%
Operating profit (loss)9901-€123,105-€144,196-€149,450-€131,825-€130,415▲ 1.1%
Financial income75/76B--€0€0--
Recurring financial income75--€0€0--
Financial charges65/66B-€97€52€3,890€854▼ 78.0%
Recurring financial charges65€82€97€52€64€854▲ 1,242%
Non-recurring financial charges66B---€3,826€0▼ 100%
Profit (loss) for the period before taxes9903-€123,187-€144,292-€149,501-€135,715-€131,269▲ 3.3%
Profit (loss) for the period9904-€123,187-€144,292-€149,501-€135,715-€131,269▲ 3.3%
Profit (loss) for the period to be appropriated9905-€123,187-€144,292-€149,501-€135,715-€131,269▲ 3.3%
Line20202021202220232024Change
Assets
Total assets20/58€1.2m€1.3m€1.2m€1.1m€908,518▼ 14.7%
Fixed assets21/28€1.2m€1.2m€1.1m€1.0m€862,851▼ 13.8%
Tangible fixed assets22/27€1.2m€1.2m€1.1m€1.0m€862,851▼ 13.8%
Land and buildings22-€887,573€773,811€678,239€584,359▼ 13.8%
Plant, machinery and equipment23-€323,016€366,848€322,670€278,493▼ 13.7%
Financial fixed assets28€3,826€3,826€3,826€0--
Current assets29/58€43,100€90,488€56,215€64,115€45,667▼ 28.8%
Amounts receivable within one year40/41-€29,494€34,869€34,869€34,869=
Trade receivables40-€1,494€0---
Other amounts receivable41-€28,000€34,869€34,869€34,869=
Cash at bank and in hand54/58€40,761€59,167€19,330€27,027€8,306▼ 69.3%
Deferred charges and accrued income490/1-€1,827€2,015€2,219€2,492▲ 12.3%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.3m€1.2m€1.1m€908,518▼ 14.7%
Equity10/15€145,273€981-€148,520-€284,235-€415,504▼ 46.2%
Contributions10/11€1.7m€1.7m€1.7m€1.7m€1.7m=
Capital10-€1.7m€1.7m€1.7m€1.7m=
Issued capital100-€1.7m€1.7m€1.7m€1.7m=
Profit (loss) carried forward14-€1.6m-€1.7m-€1.9m-€2.0m-€2.2m▼ 6.5%
Amounts payable17/49€1.1m€1.3m€1.3m€1.3m€1.3m▼ 1.9%
Amounts payable after more than one year17----€1.3m-
Other amounts payable178/9----€1.3m-
Amounts payable within one year42/48€1.1m€1.3m€1.3m€1.3m€209▼ 100.0%
Trade debts44€0-€8,428€960€209▼ 78.2%
Suppliers440/4--€8,428€960€209▼ 78.2%
Other amounts payable47/48-€1.3m€1.3m€1.3m€0▼ 100%
Accrued charges and deferred income492/3-€29€0€2,444€11▼ 99.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€123,187-€144,292-€149,501-€135,715-€131,269▲ 3.3%
+ Depreciation and write-downs630€133,553€151,878€156,249€139,749€138,058▼ 1.2%
Operating cash flow (approximation)€10,366€7,586€6,748€4,034€6,789▲ 68.3%
Investment in fixed assets (approximation)--€168,503-€86,319€3,826€0▼ 100%
Change in cash-€18,406-€39,836€7,697-€18,721▼ 343%

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
08-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Liquidity times 4590current ratio 218.50
Current ratio from 0.05 to 218.50; short-term debt falls from €1.3m to €209.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€149,501
Net result drops to -€149,501, the lowest in the series; recovery starts the following year.
13-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State 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.

Directors · office · real estate

Directors
10 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, Tournai
approximate (street level) On OpenStreetMap

Recognitions · licences · registrations

Legal Entity Identifier

967600SEOKL6B482H046
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded25-02-1998
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0462758888
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

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