BENU Management
ActiveBENU Management has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50.62M and a net result of €430k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 47% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52=
Solvency58▼-1
Growth71▲+16
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €950k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 66.8% of total assets), and 66.8% of the assets are financed with debt.
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
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
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
33.2%
Return on assets
0.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 09-07-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not confirmed
2025
53 d early
2024
53 d early
2023
28 d early
2022
32 d early
2021
44 d early
2020
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema
Turnover
€9.89M▲ 20.5%
2024 · €8.21M
2019: €6.57M
2020: €6.66M
2021: €6.12M
2024: €8.21M
2019 → 2025
EBIT margin
46.2%▼ 5.5pp
2024 · 51.7%
2019: 6.1%
2020: 4.0%
2021: 14.4%
2024: 51.7%
2019 → 2025
Net result
€430k▲ 20.8%
2024 · €356k
2019: €-740k
2020: €-313k
2021: €-318k
2024: €356k
2019 → 2025
Working capital
€-100.82M▼ 5.9%
2024 · €-95.23M
2019: €-88.06M
2020: €-88.63M
2021: €-88.89M
2024: €-95.23M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120242025Trend
Turnover€6.57M-€6.66M▲ 1.4%€6.12M▼ 8.1%€8.21M▲ 34.2%€9.89M▲ 20.5%
Equity€50.21M-€49.90M▼ 0.6%€49.58M▼ 0.6%€50.20M▲ 1.2%€50.62M▲ 0.9%
Operating result€401k-€269k▼ 32.8%€882k▲ 227%€4.24M▲ 381%€4.57M▲ 7.6%
Net result€-740k-€-313k▲ 57.7%€-318k▼ 1.4%€356k€430k▲ 20.8%
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152.54M
Fixed assets
€151.44M▲ 4.1%
Current assets
€1.10M▼ 2.8%
Equity and liabilities €152.54M
Equity
€50.62M▲ 0.9%
Debt
€101.92M▲ 5.8%
The debt ratio rises from 65.8% to 66.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.61M▲
2024 · €4.28M
Cash flow
€472k▲
2024 · €396k
Solvency
33.2%▼
2024 · 34.2%
Current ratio
0.01▼
2024 · 0.01
Quick ratio
0.01▼
2024 · 0.01
Debt / equity
2.01▲
2024 · 1.92
ROE
0.8%▲
2024 · 0.7%
ROA
0.3%▲
2024 · 0.2%
Interest coverage
1.12▲
2024 · 1.10
Debt
€101.92M▲
2024 · €96.37M
Debt ≤ 1 year
€101.92M▲
2024 · €96.37M
Income taxes
€1k▲
2024 · €994
Staff costs
€1.90M▲
2024 · €1.60M
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€146.56M€152.54M▲
Fixed assets21/28€145.43M€151.44M▲
Intangible fixed assets21€11k€28k▲
Tangible fixed assets22/27€72k€56k▼
Land and buildings22€45k€40k▼
Furniture and vehicles24€26k€17k▼
Financial fixed assets28€145.35M€151.36M▲
Affiliated companies280/1€145.33M€151.34M▲
Participating interests280€145.33M€151.34M▲
Other financial fixed assets284/8€14k€14k=
Amounts receivable and cash guarantees285/8€14k€14k=
Current assets29/58€1.13M€1.10M▼
Amounts receivable within one year40/41€1.05M€1.01M▼
Trade receivables40€685k€561k▼
Other amounts receivable41€366k€447k▲
Deferred charges and accrued income490/1€81k€93k▲
Equity and liabilities
Total equity and liabilities10/49€146.56M€152.54M▲
Equity10/15€50.20M€50.62M▲
Contributions10/11€63.00M€63.00M=
Capital10€63.00M€63.00M=
Issued capital100€63.00M€63.00M=
Profit (loss) carried forward14€-12.80M€-12.38M▲
Amounts payable17/49€96.37M€101.92M▲
Amounts payable within one year42/48€96.37M€101.92M▲
Financial debts43€95.15M€100.04M▲
Other loans439€95.15M€100.04M▲
Trade debts44€660k€255k▼
Suppliers440/4€660k€255k▼
Taxes, remuneration and social security45€360k€472k▲
Taxes450/3€14k€162k▲
Remuneration and social security454/9€346k€310k▼
Other amounts payable47/48€192k€1.15M▲
Income statement
Code20242025
Operating income70/76A€8.21M€10.20M▲
Turnover70€8.21M€9.89M▲
Other operating income74€3k€315k▲
Non-recurring operating income76A-€6
Operating charges60/66A€3.97M€5.64M▲
Services and other goods61€2.31M€3.68M▲
Remuneration, social security and pensions62€1.60M€1.90M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€43k▲
Other operating charges640/8€18k€21k▲
Operating profit (loss)9901€4.24M€4.57M▲
Financial charges65/66B€3.89M€4.13M▲
Recurring financial charges65€3.89M€4.13M▲
Debt charges650€3.88M€4.13M▲
Other financial charges652/9€4k€4k▲
Profit (loss) for the period before taxes9903€357k€431k▲
Income taxes67/77€994€1k▲
Taxes670/3€994€1k▲
Tax adjustments and reversals of tax provisions77-€65
Profit (loss) for the period9904€356k€430k▲
Profit (loss) for the period to be appropriated9905€356k€430k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12.80M€-12.38M▲
Profit (loss) brought forward from the previous period14P€-13.16M€-12.80M▲
Social balance
Average headcount (FTE)908724.823.9▼
The notes to these accounts (48 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-01
Financial
Highest result since 2019net €430k ▲20.8%
Operating result €4.57M, net result €430k, both a record.
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-01
Financial
Back to profitnet €356k
Net result €356k after 3 loss-making years.
31-01
Financial
Equity above €50MEq €50.20M ▲1.2%
Equity rises from €49.58M to €50.20M.
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
13-09
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.
Directors · office · real estate
Directors
36 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, Wavre · 1 establishment unit since 2001
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.
Avenue Pasteur 21300 WavreGround area
1.7 ha
Building footprint
915 m²
Volume, LiDAR
11,516 m³
Parcel 25112N0017/00A002, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Pasteur 2, 1300 Wavre
since 20012.094.484.772
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 915 m² | 14.7 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAth
Legal Entity Identifier
254900FV4HPL247WGE89
Similar companies · same sector, comparable size
BENU
BE 0436.826.929
Wavre · Eq €38.32M
SODIAP
BE 0405.366.364
Izegem · Eq €33.02M
Multipharma
BE 0866.855.346
Anderlecht · Eq €95.73M
PHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT
BE 0402.307.894
Thimister-Clermont · Eq €23.98M
UNIVERSAL PHARMA
BE 0447.382.113
Frameries · Eq €23.05M
Of 5,222 companies in sector 47730 we hold annual accounts for 3,861. 32 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-02-2001
Fiscal year end31-01
Activities, NACEBEL
47730Retail sale of pharmaceutical products
52310
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.