BENFECO
ActiveBENFECO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-229k) and a net result of €-90k. Equity is shrinking by ~53.4% per year across the filed fiscal years. Its solvency ranks better than 7% of 7694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.02 in 2024; short-term debt: 108.1% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
-65.2%
Return on assets
-25.6%
Age of the figures
9 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-229k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
on the day
2023
30 d early
2022
31 d early
2021
34 d early
2020
24 d early
2019
9 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-229k▼ 64.6%
2024 · €-139k
2018: €100k
2019: €252k
2020: €252k
2021: €177k
2022: €50k
2023: €-51k
2024: €-139k
2018 → 2025
Total assets
€352k▼ 4.5%
2024 · €368k
2018: €521k
2019: €829k
2020: €756k
2021: €659k
2022: €514k
2023: €415k
2024: €368k
2018 → 2025
Net result
€-90k▼ 1.6%
2024 · €-89k
2018: €13k
2019: €198k
2020: €19k
2021: €-76k
2022: €-127k
2023: €-101k
2024: €-89k
2018 → 2025
Working capital
€-377k▼ 43.9%
2024 · €-262k
2018: €12k
2019: €98k
2020: €166k
2021: €105k
2022: €-20k
2023: €-140k
2024: €-262k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€177k-€50k▼ 71.6%€-51k€-139k▼ 175%€-229k▼ 64.6%
Operating result€-66k-€-107k▼ 61.9%€-84k▲ 21.7%€-80k▲ 4.1%€-89k▼ 11.0%
Net result€-76k-€-127k▼ 67.3%€-101k▲ 20.2%€-89k▲ 12.2%€-90k▼ 1.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €89k in 2025 against €80k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€349k▼ 4.0%
Current assets
€3k▼ 40.3%
Key figures and ratios
EBITDA
€-75k▼
2024 · €-66k
Cash flow
€-75k▼
2024 · €-74k
Solvency
-65.2%▼
2024 · -37.8%
Current ratio
0.01▼
2024 · 0.02
Quick ratio
0.01▼
2024 · 0.02
Debt / equity
-2.53▲
2024 · -3.64
ROA
-25.6%▼
2024 · -24.1%
Interest coverage
-101.91▼
2024 · -21.06
Debt
€581k▲
2024 · €507k
Debt ≤ 1 year
€380k▲
2024 · €267k
Debt > 1 year
€201k▼
2024 · €240k
Income taxes
€0▼
2024 · €5k
Staff costs
€499
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€368k€352k▼
Fixed assets21/28€363k€349k▼
Tangible fixed assets22/27€363k€349k▼
Land and buildings22€359k€347k▼
Furniture and vehicles24€2k€0▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€5k€3k▼
Amounts receivable within one year40/41€1k€307▼
Other amounts receivable41€1k€307▼
Cash at bank and in hand54/58€3k€290▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€368k€352k▼
Equity10/15€-139k€-229k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-160k€-250k▼
Amounts payable17/49€507k€581k▲
Amounts payable after more than one year17€240k€201k▼
Financial debts170/4€80k€41k▼
Other amounts payable178/9€160k€160k=
Amounts payable within one year42/48€267k€380k▲
Current portion of amounts payable after more than one year42€59k€39k▼
Trade debts44-€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€208k€337k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62-€499
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€1k€652▼
Gross operating margin9900€-65k€-74k▼
Operating profit (loss)9901€-80k€-89k▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€3k€733▼
Recurring financial charges65€3k€733▼
Profit (loss) for the period before taxes9903€-84k€-90k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€-89k€-90k▼
Profit (loss) for the period to be appropriated9905€-89k€-90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-160k€-250k▼
Profit (loss) brought forward from the previous period14P€-71k€-160k▼
Transfer from equity791/2€0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-127k
Net result drops to €-127k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €198k ▲1448%
Operating result €268k, net result €198k, both a record.
31-12
Financial
Equity above €200kEq €252k ▲153%
2 profitable years in a row build equity to €252k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Napelsstraat 702000 AntwerpenGround area
1.2 ha
Building footprint
918 m²
Volume, LiDAR
25,634 m³
Parcel 11807G0154/00S004, Flanders · tallest building 69.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
BENFECO
since 20132.225.934.026
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0154/00S004 | Flanders | 1.2 ha | 1 · 918 m² | 69.5 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMMO MARKETING
BE 0461.699.709
Antwerpen · Eq €50k
technicREA
BE 1004.519.528
Aalst · Eq €50k
Houthoofd & Co
BE 0598.981.928
Jabbeke · Eq €50k
5D MCM
BE 0729.667.454
Kapelle-op-den-Bos · Eq €50k
Stable Seven
BE 0678.615.562
Zemst · Eq €50k
Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 6,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-12-2013
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
01430Raising of horses and other equines
46231Wholesale of live animals
47770Retail sale of watches and jewellery
47784Retail sale of souvenirs and religious articles
47786Retail trade
64200Holdings
64210Activities of holding companies
93129Activities of other sports clubs
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.