Bengo Junior
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 10 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €180,000
Estimated: probably between €66,000 and €390,000
Total assets
€101,151▲ 13.9%
2024 · €88,814
Net result
€3,800▼ 24.2%
2024 · €5,012
Working capital
€47,726▲ 41.9%
2024 · €33,625
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€5,892
▼ 30.2%
2025
20192025
Net result
€3,800
▼ 24.2%
2025
middle half of the sector
20192025
Equity
€51,900
▲ 45.4%
2025
middle half of the sector
20192025
Total assets
€101,151
▲ 13.9%
2025
middle half of the sector
20192025
Debt
€49,251
▼ 7.3%
2025
20192025
Working capital
€47,726
▲ 41.9%
2025
middle half of the sector
20192025
Solvency
51.3%
▲ 11.1pp
2025
middle half of the sector
20192025
Current ratio
3.07
▲ 1.43
2025
highest quarter of the sector
20192025
Return on assets (ROA)
3.8%
▼ 1.9pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€9,833-€13,579▲ 38.1%€9,674▼ 28.8%€5,332▼ 44.9%€6,334▲ 18.8%€8,447▲ 33.4%€5,892▼ 30.2%
Net result€9,672-€13,236within the sector's middle half▲ 36.8%€8,309within the sector's middle half▼ 37.2%€3,932within the sector's middle half▼ 52.7%€4,945within the sector's middle half▲ 25.8%€5,012within the sector's middle half▲ 1.4%€3,800within the sector's middle half▼ 24.2%
Equity€265-€13,501within the sector's middle half▲ 51×€21,810within the sector's middle half▲ 61.5%€25,742within the sector's middle half▲ 18.0%€30,688within the sector's middle half▲ 19.2%€35,700within the sector's middle half▲ 16.3%€51,900within the sector's middle half▲ 45.4%
Total assets€64,809-€77,237within the sector's middle half▲ 19.2%€78,044within the sector's middle half▲ 1.0%€80,424within the sector's middle half▲ 3.0%€81,671within the sector's middle half▲ 1.6%€88,814within the sector's middle half▲ 8.7%€101,151within the sector's middle half▲ 13.9%
Debt€64,544-€63,736▼ 1.3%€56,234▼ 11.8%€54,682▼ 2.8%€50,983▼ 6.8%€53,114▲ 4.2%€49,251▼ 7.3%
Working capital-€3,041-€11,848within the sector's middle half€21,810within the sector's middle half▲ 84.1%€22,244within the sector's middle half▲ 2.0%€27,901within the sector's middle half▲ 25.4%€33,625within the sector's middle half▲ 20.5%€47,726within the sector's middle half▲ 41.9%
Solvency0.4%-17.5%within the sector's middle half▲ 17.1pp27.9%within the sector's middle half▲ 10.5pp32.0%within the sector's middle half▲ 4.1pp37.6%within the sector's middle half▲ 5.6pp40.2%within the sector's middle half▲ 2.6pp51.3%within the sector's middle half▲ 11.1pp
Current ratio0.95-1.19within the sector's middle half▲ 0.231.39within the sector's middle half▲ 0.201.41within the sector's middle half▲ 0.021.55within the sector's middle half▲ 0.141.63within the sector's middle half▲ 0.093.07above the sector's middle half▲ 1.43
Return on assets (ROA)14.9%-17.1%above the sector's middle half▲ 2.2pp10.6%within the sector's middle half▼ 6.5pp4.9%within the sector's middle half▼ 5.8pp6.1%within the sector's middle half▲ 1.2pp5.6%within the sector's middle half▼ 0.4pp3.8%within the sector's middle half▼ 1.9pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 30% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,151
Fixed assets
€30,318 ▲ 15×
Current assets
€70,833 ▼ 18.3%
Equity and liabilities €101,151
Equity
€51,900 ▲ 45.4%
Debt
€49,251 ▼ 7.3%
Debt's share of the balance-sheet total falls from 59.8% to 48.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,787▼
2024 · €9,158
Cash flow
€5,695▼
2024 · €5,724
Quick ratio
1.87▲
2024 · 1.14
Debt to equity
0.95▼
2024 · 1.49
ROE
7.3%▼
2024 · 14.0%
Interest coverage
7.92▼
2024 · 10.32
Debt ≤ 1 year
€23,107▼
2024 · €53,114
Debt > 1 year
€26,144
Income taxes
€1,121▼
2024 · €2,585
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €3,557 | - | - | €30,137 |
| Depreciation and write-downs of the year | €59 | €712 | €712 | €1,895 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,523 | €1,653 | €1,653 | €59 | €712 | €712 | €1,895 | ▲ 166% |
| Other operating charges640/8 | - | - | - | €5,869 | €7,858 | €7,864 | €9,588 | ▲ 21.9% |
| Gross operating margin9900 | €20,347 | €21,214 | €17,036 | €11,260 | €14,904 | €17,023 | €17,374 | ▲ 2.1% |
| Operating profit (loss)9901 | €9,833 | €13,579 | €9,674 | €5,332 | €6,334 | €8,447 | €5,892 | ▼ 30.2% |
| Financial income75/76B | - | - | - | - | - | €38 | €12 | ▼ 67.2% |
| Recurring financial income75 | €364 | - | - | - | - | €38 | €12 | ▼ 67.2% |
| Financial charges65/66B | - | - | - | €427 | €405 | €887 | €983 | ▲ 10.8% |
| Recurring financial charges65 | €525 | €343 | €522 | €427 | €405 | €887 | €983 | ▲ 10.8% |
| Profit (loss) for the period before taxes9903 | €9,672 | €13,236 | €9,152 | €4,905 | €5,929 | €7,597 | €4,921 | ▼ 35.2% |
| Income taxes67/77 | - | - | €843 | €973 | €984 | €2,585 | €1,121 | ▼ 56.6% |
| Profit (loss) for the period9904 | €9,672 | €13,236 | €8,309 | €3,932 | €4,945 | €5,012 | €3,800 | ▼ 24.2% |
| Profit (loss) for the period to be appropriated9905 | €9,672 | €13,236 | €8,309 | €3,932 | €4,945 | €5,012 | €3,800 | ▼ 24.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €64,809 | €77,237 | €78,044 | €80,424 | €81,671 | €88,814 | €101,151 | ▲ 13.9% |
| Fixed assets21/28 | €3,306 | €1,653 | - | €3,498 | €2,787 | €2,075 | €30,318 | ▲ 15× |
| Tangible fixed assets22/27 | €3,306 | €1,653 | - | €3,498 | €2,787 | €2,075 | €30,318 | ▲ 15× |
| Plant, machinery and equipment23 | - | - | - | €3,498 | €2,787 | €2,075 | €1,364 | ▼ 34.3% |
| Furniture and vehicles24 | - | - | - | - | - | - | €28,954 | - |
| Current assets29/58 | €61,503 | €75,584 | €78,044 | €76,926 | €78,884 | €86,739 | €70,833 | ▼ 18.3% |
| Stocks and contracts in progress3 | €28,994 | €31,693 | €16,556 | €27,344 | €29,108 | €26,099 | €27,636 | ▲ 5.9% |
| Stocks30/36 | - | - | - | €27,344 | €29,108 | €26,099 | €27,636 | ▲ 5.9% |
| Amounts receivable within one year40/41 | €1,397 | €1,645 | €927 | €844 | €927 | €13,988 | €5,979 | ▼ 57.3% |
| Trade receivables40 | - | - | - | - | - | €13,698 | €24 | ▼ 99.8% |
| Other amounts receivable41 | - | - | - | €844 | €927 | €290 | €5,955 | ▲ 21× |
| Cash at bank and in hand54/58 | €31,112 | €42,246 | €60,561 | €48,738 | €48,849 | €46,652 | €37,172 | ▼ 20.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €46 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €64,809 | €77,237 | €78,044 | €80,424 | €81,671 | €88,814 | €101,151 | ▲ 13.9% |
| Equity10/15 | €265 | €13,501 | €21,810 | €25,742 | €30,688 | €35,700 | €51,900 | ▲ 45.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €18,600 | ▲ 200% |
| Capital10 | - | - | - | €6,200 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | - | €12,400 | - | - | - | - |
| Reserves13 | €18 | €9,327 | €15,610 | €19,542 | €24,488 | €29,500 | €33,300 | ▲ 12.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €30 | - | - |
| Legal reserve130 | - | - | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €30 | - | - |
| Distributable reserves133 | - | - | - | €17,682 | €22,628 | €29,470 | €33,300 | ▲ 13.0% |
| Profit (loss) carried forward14 | -€5,953 | -€2,026 | - | - | - | - | - | - |
| Amounts payable17/49 | €64,544 | €63,736 | €56,234 | €54,682 | €50,983 | €53,114 | €49,251 | ▼ 7.3% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €26,144 | - |
| Financial debts170/4 | - | - | - | - | - | - | €26,144 | - |
| Amounts payable within one year42/48 | €64,544 | €63,736 | €56,234 | €54,682 | €50,983 | €53,114 | €23,107 | ▼ 56.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €3,856 | - |
| Trade debts44 | €7,953 | €7,407 | €7,761 | €6,490 | €1,670 | €3,050 | €8,784 | ▲ 188% |
| Suppliers440/4 | - | - | - | €6,490 | €1,670 | €3,050 | €8,784 | ▲ 188% |
| Advances received on contracts in progress46 | - | - | - | - | - | €12,419 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | €3,195 | - | - |
| Taxes450/3 | - | - | - | - | - | €3,195 | - | - |
| Other amounts payable47/48 | - | - | - | €48,192 | €49,313 | €34,451 | €10,467 | ▼ 69.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,672 | €13,236 | €8,309 | €3,932 | €4,945 | €5,012 | €3,800 | ▼ 24.2% |
| + Depreciation and write-downs630 | €2,523 | €1,653 | €1,653 | €59 | €712 | €712 | €1,895 | ▲ 166% |
| Operating cash flow (approximation) | €12,195 | €14,889 | €9,962 | €3,991 | €5,657 | €5,724 | €5,695 | ▼ 0.5% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€0 | €0 | -€30,137 | - |
| Change in cash | - | €11,134 | €18,315 | -€11,823 | €111 | -€2,197 | -€9,480 | ▼ 332% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as Bengo Junior has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.1%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of Bengo Junior itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for Bengo Junior. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 23-12-2025 | 2025-00588138 | |
| 30-06-2024 | micro format | 31-12-2024 | 2024-00627409 | |
| 30-06-2023 | micro format | 27-12-2023 | 2023-00537210 | |
| 30-06-2022 | micro format | 05-12-2022 | 2022-20534767 | |
| 30-06-2021 | micro format | 30-12-2021 | 2021-82500095 | |
| 30-06-2020 | micro format | 22-12-2020 | 2020-76900419 | |
| 30-06-2019 | micro format | 11-12-2019 | 2019-76000034 | |
| 30-06-2018 | micro format | 28-12-2018 | 2018-76300018 | |
| 30-06-2017 | abbreviated format | 13-12-2017 | 2017-72100317 | |
| 30-06-2016 | abbreviated format | 14-12-2016 | 2016-70100339 |