BEMAGEX
ActiveSummary
BEMAGEX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,872 and a net result of -€15,873. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-15
Solvency28▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.88 against 0.99 in 2024; short-term debt: 89.5% and cash: 3.4% of total assets), and 96.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
3.4%
Return on assets
-2%
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 -€15,873
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 28374 sector peers (2025).
NBB · sector comparisonPosition among 28374 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 8 filingsDeviation from the deadline
2025
24 d late
2024
56 d late
2023
58 d early
2022
55 d early
2021
30 d late
2020
37 d late
2019
34 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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. Usually files around 24 August (4 of the last 5 filed years within 79 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€26,872▼ 37.1%
2024 · €42,745
Total assets
€783,940▼ 30.0%
2024 · €1.1m
Net result
-€15,873▼ 4,099%
2024 · -€378
Working capital
-€84,985▼ 546%
2024 · -€13,160
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€29,329€23,493€25,637▲ 9.1%€23,734▼ 7.4%€2,273▼ 90.4%
Net result-€22,680below the sector's middle half€9,431within the sector's middle half€12,538within the sector's middle half▲ 32.9%-€378below the sector's middle half-€15,873below the sector's middle half▼ 4,099%
Equity€21,154within the sector's middle half▼ 24.3%€30,585within the sector's middle half▲ 44.6%€43,123within the sector's middle half▲ 41.0%€42,745within the sector's middle half▼ 0.9%€26,872within the sector's middle half▼ 37.1%
Total assets€190,795within the sector's middle half▲ 85.6%€299,913within the sector's middle half▲ 57.2%€650,576above the sector's middle half▲ 117%€1.1mabove the sector's middle half▲ 72.1%€783,940above the sector's middle half▼ 30.0%
Debt€169,641▲ 127%€269,328▲ 58.8%€607,453▲ 126%€1.1m▲ 77.2%€757,068▼ 29.7%
Working capital€18,674within the sector's middle half▼ 33.1%€27,094within the sector's middle half▲ 45.1%€35,954within the sector's middle half▲ 32.7%-€13,160below the sector's middle half-€84,985below the sector's middle half▼ 546%
Solvency11.1%below the sector's middle half▼ 16.1pp10.2%below the sector's middle half▼ 0.9pp6.6%below the sector's middle half▼ 3.6pp3.8%below the sector's middle half▼ 2.8pp3.4%below the sector's middle half▼ 0.4pp
Current ratio1.11within the sector's middle half▼ 0.261.10below the sector's middle half▼ 0.011.06below the sector's middle half▼ 0.040.99below the sector's middle half▼ 0.070.88below the sector's middle half▼ 0.11
Return on assets (ROA)-11.9%below the sector's middle half▼ 13.7pp3.1%within the sector's middle half▲ 15.0pp1.9%within the sector's middle half▼ 1.2pp0.0%below the sector's middle half▼ 2.0pp-2.0%below the sector's middle half▼ 2.0pp
Staff (FTE)3.8▲ 245%6.2▲ 63.2%32.6▼ 13.3%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €783,940
Fixed assets
€167,614 ▲ 27.0%
Current assets
€616,326 ▼ 37.6%
Equity and liabilities €783,940
Equity
€26,872 ▼ 37.1%
Debt
€757,068 ▼ 29.7%
Debt's share of the balance-sheet total rises from 96.2% to 96.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€42,634▼
2024 · €47,435
Cash flow
€24,487▲
2024 · €23,323
Debt to equity
28.17▲
2024 · 25.19
ROE
-59.1%▼
2024 · -0.9%
Interest coverage
2.33▼
2024 · 3.82
Debt ≤ 1 year
€701,311▼
2024 · €1.0m
Debt > 1 year
€55,757▼
2024 · €76,061
Staff costs
€104,012▲
2024 · €80,666
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 849 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
- 5 to 10 years old
- solvency under 10%
- a small loss
4.6%
went bankrupt
3.3%
stopped otherwise
92%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,340 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 849 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €94,451 | €132,538 | €142,895 | €80,666 | €104,012 | ▲ 28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21 | €1,202 | €1,721 | €23,701 | €40,360 | ▲ 70.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €65,000 | - |
| Other operating charges640/8 | €2,903 | €1,750 | €4,280 | €15,742 | €738 | ▼ 95.3% |
| Non-recurring operating charges66A | - | €1,176 | - | €6,243 | - | - |
| Gross operating margin9900 | €68,046 | €160,159 | €174,533 | €150,086 | €212,383 | ▲ 41.5% |
| Operating profit (loss)9901 | -€29,329 | €23,493 | €25,637 | €23,734 | €2,273 | ▼ 90.4% |
| Financial income75/76B | €11,004 | €65 | €176 | - | €147 | - |
| Recurring financial income75 | €4 | €65 | €176 | - | €147 | - |
| Non-recurring financial income76B | €11,000 | - | - | - | - | - |
| Financial charges65/66B | €4,355 | €14,128 | €8,229 | €12,428 | €18,293 | ▲ 47.2% |
| Recurring financial charges65 | €4,355 | €14,128 | €8,229 | €12,428 | €18,293 | ▲ 47.2% |
| Profit (loss) for the period before taxes9903 | -€22,680 | €9,431 | €17,584 | €11,306 | -€15,873 | ▼ 240% |
| Income taxes67/77 | - | - | €5,046 | €11,684 | - | - |
| Profit (loss) for the period9904 | -€22,680 | €9,431 | €12,538 | -€378 | -€15,873 | ▼ 4,099% |
| Profit (loss) for the period to be appropriated9905 | -€22,680 | €9,431 | €12,538 | -€378 | -€15,873 | ▼ 4,099% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190,795 | €299,913 | €650,576 | €1.1m | €783,940 | ▼ 30.0% |
| Fixed assets21/28 | €2,479 | €3,490 | €7,169 | €131,966 | €167,614 | ▲ 27.0% |
| Tangible fixed assets22/27 | €2,479 | €3,490 | €7,169 | €131,966 | €167,614 | ▲ 27.0% |
| Plant, machinery and equipment23 | €2,479 | €1,646 | €3,139 | €129,369 | €95,765 | ▼ 26.0% |
| Furniture and vehicles24 | - | €1,844 | €4,030 | €2,597 | €71,849 | ▲ 2,667% |
| Current assets29/58 | €188,316 | €296,423 | €643,407 | €987,463 | €616,326 | ▼ 37.6% |
| Stocks and contracts in progress3 | - | €41,936 | €223,853 | €223,853 | - | - |
| Stocks30/36 | - | €41,936 | €223,853 | €223,853 | - | - |
| Amounts receivable within one year40/41 | €141,099 | €227,963 | €404,249 | €748,380 | €589,452 | ▼ 21.2% |
| Trade receivables40 | €132,991 | €196,631 | €374,592 | €706,729 | €259,466 | ▼ 63.3% |
| Other amounts receivable41 | €8,108 | €31,332 | €29,657 | €41,651 | €329,986 | ▲ 692% |
| Cash at bank and in hand54/58 | €45,841 | €26,524 | €11,776 | €15,230 | €26,722 | ▲ 75.5% |
| Deferred charges and accrued income490/1 | €1,375 | - | €3,529 | - | €152 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190,795 | €299,913 | €650,576 | €1.1m | €783,940 | ▼ 30.0% |
| Equity10/15 | €21,154 | €30,585 | €43,123 | €42,745 | €26,872 | ▼ 37.1% |
| Contributions10/11 | €30,100 | €30,100 | €30,100 | €30,100 | €30,100 | = |
| Capital10 | €30,100 | €30,100 | €30,100 | €30,100 | - | - |
| Issued capital100 | €30,100 | €30,100 | €30,100 | €30,100 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€10,806 | -€1,375 | €11,163 | €10,785 | -€5,088 | ▼ 147% |
| Amounts payable17/49 | €169,641 | €269,328 | €607,453 | €1.1m | €757,068 | ▼ 29.7% |
| Amounts payable after more than one year17 | - | - | - | €76,061 | €55,757 | ▼ 26.7% |
| Financial debts170/4 | - | - | - | €76,061 | €55,757 | ▼ 26.7% |
| Amounts payable within one year42/48 | €169,641 | €269,328 | €607,453 | €1.0m | €701,311 | ▼ 29.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €129,106 | €229,986 | ▲ 78.1% |
| Financial debts43 | €24,719 | €25,000 | €25,000 | €59,160 | €99,884 | ▲ 68.8% |
| Credit institutions430/8 | €24,719 | €25,000 | €25,000 | €59,160 | €99,884 | ▲ 68.8% |
| Trade debts44 | €130,281 | €201,028 | €362,916 | €555,483 | €195,498 | ▼ 64.8% |
| Suppliers440/4 | €130,281 | €201,028 | €362,916 | €555,483 | €195,498 | ▼ 64.8% |
| Advances received on contracts in progress46 | €150 | €150 | €43,919 | - | - | - |
| Taxes, remuneration and social security45 | €9,846 | €9,420 | €33,355 | €28,209 | €46,535 | ▲ 65.0% |
| Taxes450/3 | €3,370 | €632 | €7,836 | €12,520 | €13,496 | ▲ 7.8% |
| Remuneration and social security454/9 | €6,476 | €8,788 | €25,519 | €15,689 | €33,039 | ▲ 111% |
| Other amounts payable47/48 | €4,646 | €33,730 | €142,263 | €228,665 | €129,408 | ▼ 43.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,680 | €9,431 | €12,538 | -€378 | -€15,873 | ▼ 4,099% |
| + Depreciation and write-downs630 | €21 | €1,202 | €1,721 | €23,701 | €40,360 | ▲ 70.3% |
| Operating cash flow (approximation) | -€22,659 | €10,633 | €14,259 | €23,323 | €24,487 | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | -€2,213 | -€5,400 | -€148,498 | -€76,008 | ▲ 48.8% |
| Change in cash | - | -€19,318 | -€14,748 | €3,454 | €11,492 | ▲ 233% |
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
28-09
State Gazette act
Resignation: Brockmans Luc (director)Appointment: Renotte Lary (director) · Share transfer · Registered-office move6 facts ▸
State Gazette act
Resignation: Brockmans Luc (director)
Appointment: Renotte Lary (director) · Share transfer · Registered-office move6 facts ▸
- General meeting, 04-09-2026
- Director resignation, Brockmans Luc (director)
- Director appointment, Renotte Lary (director)
- Share transfer, Brockmans Luc → Renotte Lary
- Other statement, 04-09-2026
- Registered-office move, Chaussée du Pont du Sart, 232 7110 La Louvière
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €12,538 ▲32.9%
Operating result €25,637, net result €12,538, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9,431
Net result €9,431 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet -€22,680
Net result drops to -€22,680, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not 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
1 director, last change in 2026
Renotte Lary
CurrentDirector · since 04-09-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2018
Ground area
1,392 m²
Building footprint
204 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
BEMAGEX
since 20182.277.060.053
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55019A0066/00T000 | Wallonia | 1,081 m² | 1 · 144 m² | - |
| 55022A0201/00F002indicative | Wallonia | 311 m² | 1 · 60 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Renotte Lary |
|
| BROCKMANS Luc |
|
Articles of association
Other statement
Gestion courante de la société, gestion courante
Gestion courante de la société dans le cadre d'accompagnement, accompagnement
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 28-09-2026 ↗
- Brockmans Luc to Renotte Lary 100%
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Similar companies · same sector, comparable size
A.S.G. CONSTRUCTIONS
BE 0643.452.369
Aiseau-Presles · Eq €26,874
EGS PROJECTS
BE 0501.960.548
Oudsbergen · Eq €26,877
HOECKSTEEN
BE 0647.698.791
Boutersem · Eq €26,889
BLUE HEAVEN POOLS
BE 0753.837.577
Brunehaut · Eq €26,889
DIAS INNOVATIONS
BE 0734.403.133
Opwijk · Eq €26,898
Of 15,524 companies in sector 43990 we hold annual accounts for 7,429. 5,569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Contact
E-mail
scrl.bemagex@gmail.com
Phone
0470390704
Phone
064458457
E-invoicing
Reachable via Peppol
Peppol ID
0208:0698633887
Also
9925:BE0698633887
Registered
16-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.