BEPA
ActiveSummary
BEPA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €229,949 and a net result of €17,124. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 3940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+4
Solvency75▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 1.71 in 2023; short-term debt: 17.4% and cash: 5.1% of total assets), but 50.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
41 d early
2022
27 d early
2021
40 d early
2020
40 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€229,949▲ 8.0%
2023 · €212,825
Total assets
€460,980▼ 15.0%
2023 · €542,027
Net result
€17,124▲ 7,196%
2023 · €235
Working capital
€131,344▲ 48.5%
2023 · €88,454
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€107,198▲ 128%€33,638▼ 68.6%€25,491▼ 24.2%€6,540▼ 74.3%€27,747▲ 324%
Net result€83,001within the sector's middle half▲ 137%€20,703within the sector's middle half▼ 75.1%€15,528within the sector's middle half▼ 25.0%€235within the sector's middle half▼ 98.5%€17,124within the sector's middle half▲ 7,196%
Equity€176,359within the sector's middle half▲ 88.9%€197,062within the sector's middle half▲ 11.7%€212,590within the sector's middle half▲ 7.9%€212,825within the sector's middle half▲ 0.1%€229,949within the sector's middle half▲ 8.0%
Total assets€477,411below the sector's middle half▲ 38.6%€468,280within the sector's middle half▼ 1.9%€536,874within the sector's middle half▲ 14.6%€542,027within the sector's middle half▲ 1.0%€460,980within the sector's middle half▼ 15.0%
Debt€301,052▲ 19.9%€271,218▼ 9.9%€324,283▲ 19.6%€329,202▲ 1.5%€231,031▼ 29.8%
Working capital-€18,441€97,014€71,215▼ 26.6%€88,454▲ 24.2%€131,344▲ 48.5%
Solvency36.9%within the sector's middle half▲ 9.8pp42.1%within the sector's middle half▲ 5.1pp39.6%within the sector's middle half▼ 2.5pp39.3%within the sector's middle half▼ 0.3pp49.9%within the sector's middle half▲ 10.6pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
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 recovers in 2024; 2024 is 324% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €460,980
Fixed assets
€249,272 ▼ 24.3%
Current assets
€211,708 ▼ 0.6%
Equity and liabilities €460,980
Equity
€229,949 ▲ 8.0%
Debt
€231,031 ▼ 29.8%
Debt's share of the balance-sheet total falls from 60.7% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116,861▲
2023 · €113,949
Cash flow
€106,238▼
2023 · €107,644
Current ratio
2.63▲
2023 · 1.71
Quick ratio
0.71▲
2023 · 0.46
Debt to equity
1.00▼
2023 · 1.55
ROE
7.4%▲
2023 · 0.1%
ROA
3.7%▲
2023 · 0.0%
Interest coverage
19.56▲
2023 · 18.07
Debt ≤ 1 year
€80,364▼
2023 · €124,478
Debt > 1 year
€150,667▼
2023 · €204,725
Income taxes
€4,648
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,719 | €61,758 | €89,597 | €107,409 | €89,113 | ▼ 17.0% |
| Other operating charges640/8 | - | €954 | €756 | €818 | €885 | ▲ 8.2% |
| Gross operating margin9900 | €176,650 | €96,349 | €115,844 | €114,767 | €117,746 | ▲ 2.6% |
| Operating profit (loss)9901 | €107,198 | €33,638 | €25,491 | €6,540 | €27,747 | ▲ 324% |
| Financial charges65/66B | - | €3,358 | €3,360 | €6,305 | €5,975 | ▼ 5.2% |
| Recurring financial charges65 | €3,509 | €3,358 | €3,360 | €6,305 | €5,975 | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €103,689 | €30,279 | €22,130 | €235 | €21,773 | ▲ 9,176% |
| Income taxes67/77 | €20,688 | €9,576 | €6,602 | - | €4,648 | - |
| Profit (loss) for the period9904 | €83,001 | €20,703 | €15,528 | €235 | €17,124 | ▲ 7,196% |
| Profit (loss) for the period to be appropriated9905 | €83,001 | €20,703 | €15,528 | €235 | €17,124 | ▲ 7,196% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €477,411 | €468,280 | €536,874 | €542,027 | €460,980 | ▼ 15.0% |
| Fixed assets21/28 | €291,026 | €291,907 | €316,867 | €329,096 | €249,272 | ▼ 24.3% |
| Tangible fixed assets22/27 | €291,026 | €291,907 | €316,867 | €329,096 | €249,272 | ▼ 24.3% |
| Land and buildings22 | - | €139,009 | €123,403 | €107,798 | €92,192 | ▼ 14.5% |
| Plant, machinery and equipment23 | - | €152,899 | €193,464 | €131,561 | €88,543 | ▼ 32.7% |
| Furniture and vehicles24 | - | - | - | €89,737 | €68,537 | ▼ 23.6% |
| Current assets29/58 | €186,385 | €176,373 | €220,007 | €212,931 | €211,708 | ▼ 0.6% |
| Stocks and contracts in progress3 | €86,050 | €110,600 | €165,100 | €155,775 | €154,350 | ▼ 0.9% |
| Stocks30/36 | - | €110,600 | €165,100 | €155,775 | €154,350 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €54,561 | €38,284 | €43,781 | €42,522 | €30,997 | ▼ 27.1% |
| Trade receivables40 | - | €33,013 | €33,541 | €33,003 | €23,760 | ▼ 28.0% |
| Other amounts receivable41 | - | €5,271 | €10,240 | €9,519 | €7,237 | ▼ 24.0% |
| Cash at bank and in hand54/58 | €43,275 | €25,228 | €11,126 | €14,635 | €23,615 | ▲ 61.4% |
| Deferred charges and accrued income490/1 | - | €2,260 | - | - | €2,746 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €477,411 | €468,280 | €536,874 | €542,027 | €460,980 | ▼ 15.0% |
| Equity10/15 | €176,359 | €197,062 | €212,590 | €212,825 | €229,949 | ▲ 8.0% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €143,116 | €163,818 | €179,347 | €179,347 | €196,471 | ▲ 9.5% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €161,959 | €177,487 | €177,487 | €194,612 | ▲ 9.6% |
| Profit (loss) carried forward14 | €14,652 | €14,652 | €14,652 | €14,887 | €14,887 | = |
| Amounts payable17/49 | €301,052 | €271,218 | €324,283 | €329,202 | €231,031 | ▼ 29.8% |
| Amounts payable after more than one year17 | €96,225 | €191,859 | €175,492 | €204,725 | €150,667 | ▼ 26.4% |
| Financial debts170/4 | - | €191,859 | €175,492 | €204,725 | €150,667 | ▼ 26.4% |
| Amounts payable within one year42/48 | €204,827 | €79,359 | €148,791 | €124,478 | €80,364 | ▼ 35.4% |
| Current portion of amounts payable after more than one year42 | - | €49,700 | €59,700 | €73,825 | €55,000 | ▼ 25.5% |
| Trade debts44 | €154,564 | €14,882 | €25,395 | €21,173 | €4,219 | ▼ 80.1% |
| Suppliers440/4 | - | €14,882 | €25,395 | €21,173 | €4,219 | ▼ 80.1% |
| Taxes, remuneration and social security45 | - | €10,758 | €1,553 | - | €1,712 | - |
| Taxes450/3 | - | €10,758 | €1,553 | - | €1,712 | - |
| Other amounts payable47/48 | - | €4,019 | €62,143 | €29,480 | €19,432 | ▼ 34.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,001 | €20,703 | €15,528 | €235 | €17,124 | ▲ 7,196% |
| + Depreciation and write-downs630 | €68,719 | €61,758 | €89,597 | €107,409 | €89,113 | ▼ 17.0% |
| Operating cash flow (approximation) | €151,720 | €82,461 | €105,125 | €107,644 | €106,238 | ▼ 1.3% |
| Investment in fixed assets (approximation) | - | -€62,639 | -€114,557 | -€119,638 | -€9,290 | ▲ 92.2% |
| Change in cash | - | -€18,046 | -€14,102 | €3,509 | €8,980 | ▲ 156% |
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
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €235 ▼98.5%
Net result drops to €235, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €212,590 ▲7.9%
5 profitable years in a row build equity to €212,590.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 2.22
Current ratio from 0.91 to 2.22; short-term debt falls from €204,827 to €79,359.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €83,001 ▲137%
Operating result €107,198, net result €83,001, both a record.
31-12
Financial
Equity above €150,000Eq €176,359 ▲88.9%
3 profitable years in a row build equity to €176,359.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Geel · 1 establishment unit since 1993
Ground area
79 m²
Parcel 13374D0430/00H000, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Olenseweg 106, 2440 Geel
since 19932.060.528.438
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374D0430/00H000 | Flanders | 78 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeel2.060.528.438
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,144 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
Founded14-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
01110Growing of cereals (except rice), leguminous crops and oil seeds
01290Crop and animal production, hunting and related service activities
01410Raising of dairy cattle
01500Mixed farming
02100Forestry and logging
02200Logging
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449133754
Also
9925:BE0449133754
Registered
02-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.