Bemisal
ActiveSummary
Bemisal has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.2m and a net result of €692,621. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result returns to profit in 2025: €754,581 after a loss of €184,963 in 2024.
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.
Average staff in full-time equivalents (FTE).
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 1,579 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 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 1,579 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1.7m | €0 | €0.007m | €0 | €0.9m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.6m | €0.4m | €0.3m | €0.3m | €0.5m | €0.2m | €0.2m | ▼ 19.2% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.01m | €0.02m | €0.06m | €0.02m | ▼ 74.9% |
| Non-recurring operating charges66A | - | - | - | €0.3m | €0 | - | - | - | - |
| Gross operating margin9900 | €0.2m | €0.3m | €0.3m | €1.6m | €0.06m | €0.1m | €0.08m | €0.9m | ▲ 1,106% |
| Operating profit (loss)9901 | -€0.2m | -€0.3m | -€0.1m | €0.9m | -€0.2m | -€0.5m | -€0.2m | €0.8m | ▲ 508% |
| Financial income75/76B | - | - | - | €0.02m | €0.1m | €0.09m | €0.07m | €0.07m | ▲ 3.2% |
| Recurring financial income75 | €0.04m | €0.02m | €0.007m | €0.02m | €0.1m | €0.09m | €0.07m | €0.07m | ▲ 3.2% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.03m | €0.06m | €0.05m | ▼ 17.2% |
| Recurring financial charges65 | €0.06m | -€0.02m | €0.06m | €0.03m | €0.03m | €0.03m | €0.06m | €0.05m | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | -€0.2m | -€0.3m | -€0.2m | €0.9m | -€0.1m | -€0.4m | -€0.2m | €0.8m | ▲ 539% |
| Transfer from deferred taxes780 | - | - | - | €0.6m | €0.03m | €0.03m | €0.03m | €0.06m | ▲ 75.9% |
| Transfer to deferred taxes680 | - | - | - | €0.4m | €0 | - | - | €0.09m | - |
| Income taxes67/77 | €0.008m | €0.001m | €297 | €0.4m | €198 | €106 | -€3 | €0.05m | ▲ 1,737,237% |
| Profit (loss) for the period9904 | -€0.1m | -€0.2m | -€0.1m | €0.8m | -€0.09m | -€0.4m | -€0.1m | €0.7m | ▲ 577% |
| Transfer from tax-exempt reserves789 | - | - | - | €1.3m | €0.07m | €0.07m | €0.08m | €0.1m | ▲ 59.0% |
| Transfer to tax-exempt reserves689 | - | - | - | €1.2m | €0 | - | - | €0.3m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.04m | -€0.1m | -€0.006m | €0.9m | -€0.02m | -€0.3m | -€0.06m | €0.5m | ▲ 965% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €9.0m | €9.4m | €9.2m | €9.6m | €8.4m | €8.6m | €8.3m | €9.0m | ▲ 8.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €6.1m | €7.9m | €7.5m | €5.2m | €5.4m | €5.5m | €5.6m | €5.5m | ▼ 2.7% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €5.2m | €7.0m | €6.6m | €4.2m | €4.5m | €4.5m | €4.7m | €4.5m | ▼ 3.2% |
| Land and buildings22 | - | - | - | €4.2m | €4.5m | €4.4m | €4.3m | €3.8m | ▼ 10.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.007m | €0.02m | €0.02m | ▼ 4.7% |
| Assets under construction and advance payments27 | - | - | - | - | - | €0.1m | €0.4m | €0.7m | ▲ 81.5% |
| Financial fixed assets28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €2.8m | €1.5m | €1.7m | €4.5m | €2.9m | €3.2m | €2.7m | €3.5m | ▲ 30.2% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2.1m | €0.08m | €0.1m | €0.7m | €0.5m | €2.8m | €2.7m | €3.5m | ▲ 31.5% |
| Trade receivables40 | - | - | - | €0.01m | €0.02m | €0.009m | €0.02m | €0.05m | ▲ 161% |
| Other amounts receivable41 | - | - | - | €0.7m | €0.5m | €2.8m | €2.6m | €3.4m | ▲ 30.6% |
| Current investments50/53 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0.4m | €1.2m | €1.3m | €3.6m | €2.2m | €0.4m | €0.05m | €0.04m | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.008m | €0.006m | €0.01m | €0.008m | ▼ 39.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €9.0m | €9.4m | €9.2m | €9.6m | €8.4m | €8.6m | €8.3m | €9.0m | ▲ 8.1% |
| Equity10/15 | €6.8m | €6.5m | €6.4m | €7.1m | €7.0m | €6.7m | €6.5m | €7.2m | ▲ 10.6% |
| Contributions10/11 | €2.0m | €2.0m | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €4.8m | €4.5m | €4.4m | €5.1m | €5.0m | €4.7m | €4.5m | €5.2m | ▲ 15.3% |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.3m | €0.3m | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €1.6m | €1.5m | €1.5m | €1.4m | €1.5m | ▲ 10.5% |
| Distributable reserves133 | - | - | - | €3.3m | €3.3m | €3.2m | €3.1m | €3.7m | ▲ 17.4% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - | - | - | - |
| Provisions and deferred taxes16 | €0.9m | €0.9m | €0.8m | €0.6m | €0.6m | €0.5m | €0.5m | €0.6m | ▲ 7.1% |
| Deferred taxes168 | - | - | - | €0.6m | €0.6m | €0.5m | €0.5m | €0.6m | ▲ 7.1% |
| Amounts payable17/49 | €1.3m | €2.1m | €2.0m | €1.9m | €0.7m | €1.4m | €1.3m | €1.2m | ▼ 4.4% |
| Amounts payable after more than one year17 | €0 | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 30.8% |
| Financial debts170/4 | - | - | - | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 30.8% |
| Amounts payable within one year42/48 | €1.3m | €1.2m | €1.2m | €1.2m | €0.2m | €1.0m | €0.9m | €1.0m | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Trade debts44 | €0.05m | €0.03m | €0.02m | €0.04m | €0.04m | €0.08m | €0.07m | €0.2m | ▲ 135% |
| Suppliers440/4 | - | - | - | €0.04m | €0.04m | €0.08m | €0.07m | €0.2m | ▲ 135% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 53.0% |
| Taxes450/3 | - | - | - | €362 | €206 | €0 | - | €0.009m | - |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 4.6% |
| Other amounts payable47/48 | - | - | - | €1.1m | €0.003m | €0.8m | €0.7m | €0.7m | ▼ 6.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | €0.05m | €0.02m | €0.07m | €0.05m | ▼ 29.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.1m | -€0.2m | -€0.1m | €0.8m | -€0.09m | -€0.4m | -€0.1m | €0.7m | ▲ 577% |
| + Depreciation and write-downs630 | €0.4m | €0.6m | €0.4m | €0.3m | €0.3m | €0.5m | €0.2m | €0.2m | ▼ 19.2% |
| Operating cash flow (approximation) | €0.2m | €0.4m | €0.3m | €1.1m | €0.2m | €0.2m | €0.05m | €0.9m | ▲ 1,528% |
| Investment in fixed assets (approximation) | - | -€2.4m | -€0.004m | €2.0m | -€0.5m | -€0.6m | -€0.3m | -€0.01m | ▲ 97.1% |
| Change in cash | - | €0.8m | €0.1m | €2.3m | -€1.4m | -€1.8m | -€0.3m | -€0.01m | ▲ 96.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.