BENMAR
ActiveSummary
BENMAR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €40k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 5.24 against 5.11 in 2024; short-term debt: 15.7% and cash: 76.6% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
84.3%
Return on assets
23.1%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
56 d late
2023
20 d early
2022
12 d early
2021
11 d early
2020
8 d early
2019
8 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▲ 11.3%
2024 · €133k
2018: €84k
2019: €96k
2020: €69k
2021: €74k
2022: €68k
2023: €83k
2024: €133k
2018 → 2025
Total assets
€175k▲ 10.6%
2024 · €159k
2018: €117k
2019: €136k
2020: €97k
2021: €94k
2022: €84k
2023: €104k
2024: €159k
2018 → 2025
Net result
€40k▼ 18.3%
2024 · €49k
2018: €16k
2019: €12k
2020: €-27k
2021: €5k
2022: €-6k
2023: €16k
2024: €49k
2018 → 2025
Working capital
€116k▲ 10.3%
2024 · €106k
2018: €55k
2019: €72k
2020: €36k
2021: €50k
2022: €47k
2023: €54k
2024: €106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€68k▼ 8.4%€83k▲ 23.4%€133k▲ 59.3%€148k▲ 11.3%
Operating result€6k-€-5k€17k€56k▲ 238%€60k▲ 6.5%
Net result€5k-€-6k€16k€49k▲ 213%€40k▼ 18.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€31k ▲ 15.1%
Current assets
€144k ▲ 9.6%
Equity and liabilities €175k
Equity
€148k ▲ 11.3%
Debt
€27k ▲ 6.9%
Debt's share of the balance-sheet total falls from 16.2% to 15.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €64k
Cash flow
€47k▼
2024 · €57k
Current ratio
5.24▲
2024 · 5.11
Quick ratio
4.89▲
2024 · 4.75
Debt to equity
0.19▼
2024 · 0.19
ROE
27.3%▼
2024 · 37.2%
ROA
23.1%▼
2024 · 31.2%
Interest coverage
52.49▼
2024 · 81.44
Debt ≤ 1 year
€27k▲
2024 · €26k
Income taxes
€18k▲
2024 · €6k
Staff costs
€118k▼
2024 · €122k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€159k€175k▲
Fixed assets21/28€27k€31k▲
Tangible fixed assets22/27€21k€24k▲
Land and buildings22€13k€15k▲
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€115€0▼
Financial fixed assets28€6k€8k▲
Current assets29/58€131k€144k▲
Stocks and contracts in progress3€9k€10k▲
Stocks30/36€9k€10k▲
Amounts receivable within one year40/41€3k-
Other amounts receivable41€3k-
Cash at bank and in hand54/58€119k€134k▲
Equity and liabilities
Total equity and liabilities10/49€159k€175k▲
Equity10/15€133k€148k▲
Contributions10/11€6k€6k=
Reserves13€88k€90k▲
Distributable reserves133€88k€90k▲
Profit (loss) carried forward14€38k€52k▲
Amounts payable17/49€26k€27k▲
Amounts payable within one year42/48€26k€27k▲
Trade debts44€893€6k▲
Suppliers440/4€893€6k▲
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3-€2k
Remuneration and social security454/9€17k€14k▼
Other amounts payable47/48€8k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€122k€118k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€187k€186k▼
Operating profit (loss)9901€56k€60k▲
Financial charges65/66B€782€1k▲
Recurring financial charges65€782€1k▲
Profit (loss) for the period before taxes9903€56k€59k▲
Income taxes67/77€6k€18k▲
Profit (loss) for the period9904€49k€40k▼
Profit (loss) for the period to be appropriated9905€49k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€79k▲
Profit (loss) brought forward from the previous period14P€16k€38k▲
Transfer to equity691/2€27k€27k=
To the legal reserve6920€27k€27k=
The notes to these accounts (8 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Highest result since 2018net €49k ▲213%
Net result €49k, the highest in the series.
31-12
Financial
Equity above €100kEq €133k ▲59.3%
2 profitable years in a row build equity to €133k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-27k ▼319%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Tielt · 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.
Oostrozebekestraat 3278760 TieltGround area
1,363 m²
Building footprint
174 m²
Volume, LiDAR
1,000 m³
Parcel 37322D0872/00X000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Nieuwe Driehoek
since 20132.220.405.323
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322D0872/00X000 | Flanders | 1,363 m² | 1 · 174 m² | 9.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 18,886 EUR awarded · 18,886 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 16,898 EUR | 16,898 EUR |
| 2024 | 1 | 1,988 EUR | 1,988 EUR |
Schemes
Individueel Maatwerk
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.220.405.323
Similar companies · same sector, comparable size
SWEET COFFEE
BE 0835.994.696
Hasselt · Eq €147,879
Casello
BE 0692.697.982
Schilde · Eq €147,866
FAT IN CASA
BE 0823.277.701
Beringen · Eq €148,061
V. PROJECT
BE 0457.546.624
Mons · Eq €148,065
KASTEEL MEERLAER LEISURE
BE 0865.750.338
Laakdal · Eq €148,110
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,071 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
01430Raising of horses and other equines
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.