BENDEL
ActiveSummary
BENDEL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€428,231) and a net result of -€31,275. Equity is shrinking by ~67% per year across the filed fiscal years. Its solvency ranks better than 5% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+15
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 0.58 in 2024; short-term debt: 166.6% and cash: 27.1% 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 2025Solvency, return and age of the figures
Solvency
-71%
Return on assets
-5.2%
Age of the figures
15 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€428,231
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
2 d early
2022
5 d early
2021
7 d late
2020
23 d late
2019
17 d early
← 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 on the deadline day; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€31,275▲ 68.0%
2024 · -€97,800
Working capital
-€497,596▼ 18.3%
2024 · -€420,794
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€186,479▲ 197%-€203,520-€134,202▲ 34.1%-€57,809▲ 56.9%-€11,769▲ 79.6%
Net result€176,631above the sector's middle half▲ 256%-€217,246below the sector's middle half-€153,865below the sector's middle half▲ 29.2%-€97,800below the sector's middle half▲ 36.4%-€31,275below the sector's middle half▲ 68.0%
Equity€71,953within the sector's middle half▼ 53.4%-€145,293below the sector's middle half-€299,156below the sector's middle half▼ 106%-€396,956below the sector's middle half▼ 32.7%-€428,231below the sector's middle half▼ 7.9%
Total assets€683,454within the sector's middle half▲ 3.3%€718,096within the sector's middle half▲ 5.1%€659,468within the sector's middle half▼ 8.2%€642,910within the sector's middle half▼ 2.5%€603,431within the sector's middle half▼ 6.1%
Debt€611,501▲ 20.6%€863,389▲ 41.2%€958,624▲ 11.0%€1.0m▲ 8.5%€1.0m▼ 0.8%
Working capital€75,316within the sector's middle half▼ 45.9%-€148,219below the sector's middle half-€323,226below the sector's middle half▼ 118%-€420,794below the sector's middle half▼ 30.2%-€497,596below the sector's middle half▼ 18.3%
Solvency10.5%below the sector's middle half▼ 12.8pp-20.2%below the sector's middle half▼ 30.8pp-45.4%below the sector's middle half▼ 25.1pp-61.7%below the sector's middle half▼ 16.4pp-71.0%below the sector's middle half▼ 9.2pp
Current ratio1.13within the sector's middle half▼ 0.150.82below the sector's middle half▼ 0.310.65below the sector's middle half▼ 0.170.58below the sector's middle half▼ 0.060.51below the sector's middle half▼ 0.08
Return on assets (ROA)25.8%above the sector's middle half▲ 18.3pp-30.3%below the sector's middle half▼ 56.1pp-23.3%below the sector's middle half▲ 6.9pp-15.2%below the sector's middle half▲ 8.1pp-5.2%below the sector's middle half▲ 10.0pp
Staff (FTE)14.5above the sector's middle half▲ 5.1%14.7above the sector's middle half▲ 1.4%12within the sector's middle half▼ 18.4%11.1within the sector's middle half▼ 7.5%12within the sector's middle half▲ 8.1%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,769 in 2025 against €57,809 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €603,431
Fixed assets
€95,753 ▲ 78.6%
Current assets
€507,678 ▼ 13.9%
Key figures and ratios
EBITDA
€5,242▲
2024 · -€44,444
Cash flow
-€14,263▲
2024 · -€84,436
Quick ratio
0.20▼
2024 · 0.29
Debt to equity
-2.41▲
2024 · -2.62
Interest coverage
0.27▲
2024 · -1.12
Debt ≤ 1 year
€1.0m▼
2024 · €1.0m
Income taxes
€142▼
2024 · €228
Staff costs
€360,147▼
2024 · €369,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.6%
went bankrupt
3.8%
stopped otherwise
93%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,662 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% | 1.7% |
| 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 1,242 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 | - | €452,158 | €417,973 | €369,893 | €360,147 | ▼ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,062 | €13,171 | €13,169 | €13,364 | €17,012 | ▲ 27.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €864 | - |
| Other operating charges640/8 | - | €15,797 | €12,279 | €4,687 | €10,187 | ▲ 117% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | -€130 | - |
| Gross operating margin9900 | €542,626 | €277,606 | €309,219 | €330,136 | €376,310 | ▲ 14.0% |
| Operating profit (loss)9901 | €186,479 | -€203,520 | -€134,202 | -€57,809 | -€11,769 | ▲ 79.6% |
| Financial income75/76B | - | €34 | €10 | €85 | €239 | ▲ 179% |
| Recurring financial income75 | €4,794 | €34 | €10 | €85 | €239 | ▲ 179% |
| Financial charges65/66B | - | €13,400 | €19,324 | €39,849 | €19,602 | ▼ 50.8% |
| Recurring financial charges65 | €13,528 | €13,400 | €19,324 | €39,849 | €19,602 | ▼ 50.8% |
| Profit (loss) for the period before taxes9903 | €177,745 | -€216,886 | -€153,517 | -€97,572 | -€31,133 | ▲ 68.1% |
| Income taxes67/77 | €1,114 | €360 | €348 | €228 | €142 | ▼ 37.6% |
| Profit (loss) for the period9904 | €176,631 | -€217,246 | -€153,865 | -€97,800 | -€31,275 | ▲ 68.0% |
| Profit (loss) for the period to be appropriated9905 | €176,631 | -€217,246 | -€153,865 | -€97,800 | -€31,275 | ▲ 68.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €683,454 | €718,096 | €659,468 | €642,910 | €603,431 | ▼ 6.1% |
| Fixed assets21/28 | €38,833 | €48,720 | €66,153 | €53,614 | €95,753 | ▲ 78.6% |
| Tangible fixed assets22/27 | €38,833 | €48,720 | €66,153 | €53,614 | €95,753 | ▲ 78.6% |
| Plant, machinery and equipment23 | - | €47,992 | €65,182 | €52,626 | €83,506 | ▲ 58.7% |
| Furniture and vehicles24 | - | €728 | €971 | €989 | €12,247 | ▲ 1,139% |
| Current assets29/58 | €644,621 | €669,376 | €593,315 | €589,296 | €507,678 | ▼ 13.9% |
| Stocks and contracts in progress3 | €257,444 | €272,052 | €306,097 | €291,393 | €305,419 | ▲ 4.8% |
| Stocks30/36 | - | €272,052 | €306,097 | €291,393 | €305,419 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €16,685 | €27,038 | €27,595 | €20,373 | €12,352 | ▼ 39.4% |
| Trade receivables40 | - | €20,794 | €20,387 | €15,959 | €6,742 | ▼ 57.8% |
| Other amounts receivable41 | - | €6,244 | €7,208 | €4,414 | €5,609 | ▲ 27.1% |
| Current investments50/53 | €20,867 | €20,868 | €20,868 | - | - | - |
| Cash at bank and in hand54/58 | €305,252 | €310,498 | €194,878 | €242,363 | €163,498 | ▼ 32.5% |
| Deferred charges and accrued income490/1 | - | €38,920 | €43,877 | €35,166 | €26,409 | ▼ 24.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €683,454 | €718,096 | €659,468 | €642,910 | €603,431 | ▼ 6.1% |
| Equity10/15 | €71,953 | -€145,293 | -€299,156 | -€396,956 | -€428,231 | ▼ 7.9% |
| Contributions10/11 | - | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Reserves13 | €13,500 | €13,500 | €13,500 | €13,500 | €13,500 | = |
| Non-distributable reserves130/1 | - | €13,500 | €13,500 | - | - | - |
| Reserves not available under the articles1311 | - | €13,500 | €13,500 | - | - | - |
| Distributable reserves133 | - | - | - | €13,500 | €13,500 | = |
| Profit (loss) carried forward14 | €13,453 | -€203,793 | -€357,656 | -€455,456 | -€486,731 | ▼ 6.9% |
| Amounts payable17/49 | €611,501 | €863,389 | €958,624 | €1.0m | €1.0m | ▼ 0.8% |
| Amounts payable within one year42/48 | €569,305 | €817,595 | €916,540 | €1.0m | €1.0m | ▼ 0.5% |
| Trade debts44 | €233,563 | €621,456 | €718,737 | €819,323 | €908,543 | ▲ 10.9% |
| Suppliers440/4 | - | €621,456 | €718,737 | €819,323 | €908,543 | ▲ 10.9% |
| Taxes, remuneration and social security45 | - | €100,859 | €102,702 | €89,316 | €93,401 | ▲ 4.6% |
| Taxes450/3 | - | €360 | €348 | €228 | €141 | ▼ 37.8% |
| Remuneration and social security454/9 | - | €100,499 | €102,354 | €89,088 | €93,260 | ▲ 4.7% |
| Other amounts payable47/48 | - | €95,280 | €95,101 | €101,451 | €3,330 | ▼ 96.7% |
| Accrued charges and deferred income492/3 | - | €45,794 | €42,084 | €29,777 | €26,388 | ▼ 11.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €176,631 | -€217,246 | -€153,865 | -€97,800 | -€31,275 | ▲ 68.0% |
| + Depreciation and write-downs630 | €13,062 | €13,171 | €13,169 | €13,364 | €17,012 | ▲ 27.3% |
| Operating cash flow (approximation) | €189,693 | -€204,075 | -€140,696 | -€84,436 | -€14,263 | ▲ 83.1% |
| Investment in fixed assets (approximation) | - | -€23,058 | -€30,602 | -€825 | -€59,150 | ▼ 7,066% |
| Change in cash | - | €5,246 | -€115,620 | €47,486 | -€78,865 | ▼ 266% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Weakest financial yearnet -€217,246
Net result drops to -€217,246, the lowest in the series; recovery starts the following year.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 7 days late
2021
30-06
Financial
Highest result since 2019net €176,631 ▲256%
Operating result €186,479, net result €176,631, both a record.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
30-06
Financial
Back to profitnet €49,674
Net result €49,674 after one loss-making year.
30-06
Financial
Equity above €150,000Eq €154,322 ▲34.6%
Equity rises from €114,648 to €154,322.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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.
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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, Mons · 1 establishment unit since 1997
Ground area
4,030 m²
Building footprint
964 m²
Volume, LiDAR
5,063 m³
Parcel 53038B0710/00D000, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue du Dépôt 15, 7021 Mons
since 19972.083.272.067
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53038B0710/00D000 | Wallonia | 4,030 m² | 1 · 964 m² | 6.0 m · 2 fl. |
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.
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,854. 4,672 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
Founded19-08-1997
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461312402
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.