Benkar
ActiveSummary
Benkar has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €32k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+4
Solvency90▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 2.12 in 2024; short-term debt: 34.6% and cash: 33.6% of total assets), and 34.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.4%
Return on assets
13.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
61 d late
2023
426 d late
2022
238 d late
2021
122 d late
2020
122 d late
2019
227 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€155k▲ 25.7%
2024 · €123k
Total assets
€236k▲ 8.0%
2024 · €219k
Net result
€32k▲ 46.7%
2024 · €22k
Working capital
€146k▲ 36.4%
2024 · €107k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-11k€8k€24k▲ 190%€32k▲ 37.2%€47k▲ 43.9%
Net result€-8k€5k€15k▲ 178%€22k▲ 48.1%€32k▲ 46.7%
Equity€82k▼ 9.1%€87k▲ 6.4%€101k▲ 16.7%€123k▲ 21.2%€155k▲ 25.7%
Total assets€226k▲ 53.1%€155k▼ 31.7%€139k▼ 10.0%€219k▲ 57.2%€236k▲ 8.0%
Debt€145k▲ 150%€68k▼ 53.2%€38k▼ 44.3%€96k▲ 154%€82k▼ 14.7%
Working capital€68k▼ 22.8%€64k▼ 5.3%€81k▲ 26.1%€107k▲ 32.8%€146k▲ 36.4%
Staff (FTE)12
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 has risen four years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€8k ▼ 47.0%
Current assets
€228k ▲ 12.3%
Equity and liabilities €236k
Equity
€155k ▲ 25.7%
Debt
€82k ▼ 14.7%
Debt's share of the balance-sheet total falls from 43.8% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €40k
Cash flow
€40k▲
2024 · €29k
Current ratio
2.79▲
2024 · 2.12
Debt to equity
0.53▼
2024 · 0.78
ROE
20.4%▲
2024 · 17.5%
ROA
13.4%▲
2024 · 9.8%
Interest coverage
142.32▲
2024 · 127.16
Debt ≤ 1 year
€82k▼
2024 · €96k
Income taxes
€15k▲
2024 · €11k
Staff costs
€52k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €15k | €4k | €320 | €18k | €52k | ▲ 193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €7k | €7k | €8k | €9k | ▲ 10.3% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €2k | ▲ 30.3% |
| Gross operating margin9900 | €10k | €21k | €33k | €60k | €110k | ▲ 83.4% |
| Operating profit (loss)9901 | €-11k | €8k | €24k | €32k | €47k | ▲ 43.9% |
| Financial income75/76B | €3k | €16 | €6 | €11 | €6 | ▼ 50.2% |
| Recurring financial income75 | €3k | €16 | €6 | €11 | €6 | ▼ 50.2% |
| Financial charges65/66B | €134 | €224 | €228 | €317 | €476 | ▲ 50.1% |
| Recurring financial charges65 | €134 | €224 | €228 | €317 | €389 | ▲ 22.7% |
| Non-recurring financial charges66B | - | - | - | - | €87 | - |
| Profit (loss) for the period before taxes9903 | €-8k | €8k | €23k | €32k | €46k | ▲ 43.8% |
| Income taxes67/77 | €606 | €3k | €9k | €11k | €15k | ▲ 38.0% |
| Profit (loss) for the period9904 | €-8k | €5k | €15k | €22k | €32k | ▲ 46.7% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €5k | €15k | €22k | €32k | ▲ 46.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226k | €155k | €139k | €219k | €236k | ▲ 8.0% |
| Fixed assets21/28 | €29k | €23k | €21k | €16k | €8k | ▼ 47.0% |
| Tangible fixed assets22/27 | €29k | €23k | €21k | €16k | €8k | ▼ 47.0% |
| Land and buildings22 | €220 | - | - | - | - | - |
| Plant, machinery and equipment23 | €1k | €1k | €5k | €5k | €3k | ▼ 30.6% |
| Furniture and vehicles24 | - | - | - | €828 | €655 | ▼ 20.9% |
| Leasing and similar rights25 | €27k | €22k | €16k | €10k | €4k | ▼ 57.1% |
| Current assets29/58 | €198k | €132k | €118k | €203k | €228k | ▲ 12.3% |
| Amounts receivable after more than one year29 | €13k | €13k | €13k | €13k | €13k | = |
| Trade receivables290 | - | €13k | €13k | €13k | €13k | = |
| Other amounts receivable291 | €13k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €136k | €85k | €92k | €139k | €128k | ▼ 8.3% |
| Trade receivables40 | €57k | €20k | €15k | €58k | €34k | ▼ 40.2% |
| Other amounts receivable41 | €78k | €64k | €77k | €82k | €93k | ▲ 14.1% |
| Cash at bank and in hand54/58 | €46k | €28k | €10k | €42k | €79k | ▲ 88.2% |
| Deferred charges and accrued income490/1 | €3k | €6k | €3k | €8k | €8k | ▼ 8.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226k | €155k | €139k | €219k | €236k | ▲ 8.0% |
| Equity10/15 | €82k | €87k | €101k | €123k | €155k | ▲ 25.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | €6k | €6k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €64k | €64k | €64k | €86k | €118k | ▲ 36.8% |
| Tax-exempt reserves132 | €55k | €55k | €55k | €76k | €108k | ▲ 41.5% |
| Distributable reserves133 | €10k | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €11k | €16k | €31k | €31k | €31k | = |
| Amounts payable17/49 | €145k | €68k | €38k | €96k | €82k | ▼ 14.7% |
| Amounts payable after more than one year17 | €15k | - | - | - | - | - |
| Financial debts170/4 | €15k | - | - | - | - | - |
| Amounts payable within one year42/48 | €130k | €68k | €38k | €96k | €82k | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | - | €9k | €4k | - | - | - |
| Trade debts44 | €61k | €34k | €469 | €41k | €28k | ▼ 32.1% |
| Suppliers440/4 | €61k | €34k | €469 | €41k | €28k | ▼ 32.1% |
| Taxes, remuneration and social security45 | €69k | €25k | €33k | €55k | €46k | ▼ 16.0% |
| Taxes450/3 | €69k | €24k | €33k | €46k | €43k | ▼ 6.4% |
| Remuneration and social security454/9 | - | €1k | - | €9k | €3k | ▼ 68.1% |
| Other amounts payable47/48 | - | - | - | - | €8k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €5k | €15k | €22k | €32k | ▲ 46.7% |
| + Depreciation and write-downs630 | €3k | €7k | €7k | €8k | €9k | ▲ 10.3% |
| Operating cash flow (approximation) | €-5k | €12k | €21k | €29k | €40k | ▲ 37.0% |
| Investment in fixed assets (approximation) | - | €-902 | €-4k | €-3k | €-1k | ▲ 58.3% |
| Change in cash | - | €-18k | €-18k | €32k | €37k | ▲ 16.9% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Equity above €150kEq €155k ▲25.7%
4 profitable years in a row build equity to €155k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 426 days late
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 238 days late
2023
31-12
Financial
Equity above €100kEq €101k ▲16.7%
2 profitable years in a row build equity to €101k.
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 227 days late
2020
31-12
Financial
Highest result since 2018net €51k ▲270%
Operating result €73k, net result €51k, both a record.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Lokeren · 1 establishment unit since 2017
Ground area
691 m²
Building footprint
181 m²
Volume, LiDAR
739 m³
Parcel 46383D0034/00K000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Benkar BVBA
since 20172.264.168.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46383D0034/00K000 | Flanders | 691 m² | 1 · 180 m² | 6.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,658 EUR awarded · 1,280 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,158 EUR | 780 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 4,893 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
Founded05-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
46150Agents in the wholesale of furniture, household goods and hardware
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.