BEPATRI
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 31-01-2025 PDF all 17 filings
Equity
€383,784▼ 23.2%
2023 · €499,607
Total assets
€1.4m▼ 6.8%
2023 · €1.5m
Net result
-€115,823▼ 147%
2023 · -€46,820
Working capital
-€25,435
2023 · €132,998
Multi-year overview
2019 to 2024, 6 financial yearsOperating result
-€68,179
▼ 204%
2024
20192024
Net result
-€115,823
▼ 147%
2024
lowest quarter of the sector
20192024
Equity
€383,784
▼ 23.2%
2024
highest quarter of the sector
20192024
Total assets
€1.4m
▼ 6.8%
2024
highest quarter of the sector
20192024
Debt
€1.0m
▲ 1.5%
2024
20192024
Working capital
-€25,435
2024
lowest quarter of the sector
20192024
Solvency
26.7%
▼ 5.7pp
2024
middle half of the sector
20192024
Current ratio
0.96
▼ 0.33
2024
lowest quarter of the sector
20192024
Return on assets (ROA)
-8.0%
▼ 5.0pp
2024
lowest quarter of the sector
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€0.3m-€0.09m▼ 70.6%€0.3m▲ 203%€0.1m▼ 56.2%-€0.02m-€0.07m▼ 204%
Net result€0.2m-€0.04mabove the sector's middle half▼ 78.8%€0.2mabove the sector's middle half▲ 336%€0.08mabove the sector's middle half▼ 58.0%-€0.05mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 147%
Equity€0.2m-€0.3mabove the sector's middle half▲ 18.3%€0.5mabove the sector's middle half▲ 67.4%€0.5mabove the sector's middle half▲ 16.9%€0.5mabove the sector's middle half▼ 8.6%€0.4mabove the sector's middle half▼ 23.2%
Total assets€1.0m-€1.0mabove the sector's middle half▲ 0.7%€1.3mabove the sector's middle half▲ 28.4%€1.6mabove the sector's middle half▲ 21.6%€1.5mabove the sector's middle half▼ 0.5%€1.4mabove the sector's middle half▼ 6.8%
Debt€0.7m-€0.7m▼ 4.7%€0.7m▲ 11.2%€0.9m▲ 28.9%€1.0m▲ 6.5%€1.0m▲ 1.5%
Working capital-€0.06m--€0.1mbelow the sector's middle half▼ 58.1%€0.4mabove the sector's middle half€0.3mabove the sector's middle half▼ 14.7%€0.1mabove the sector's middle half▼ 58.3%-€0.03mbelow the sector's middle half
Solvency23.9%-28.1%within the sector's middle half▲ 4.2pp36.6%within the sector's middle half▲ 8.5pp35.2%within the sector's middle half▼ 1.4pp32.4%within the sector's middle half▼ 2.9pp26.7%within the sector's middle half▼ 5.7pp
Current ratio0.68-0.58below the sector's middle half▼ 0.102.74within the sector's middle half▲ 2.161.86within the sector's middle half▼ 0.881.28within the sector's middle half▼ 0.580.96below the sector's middle half▼ 0.33
Return on assets (ROA)20.6%-4.3%within the sector's middle half▼ 16.3pp14.7%within the sector's middle half▲ 10.4pp5.1%within the sector's middle half▼ 9.7pp-3.0%below the sector's middle half▼ 8.1pp-8.0%below the sector's middle half▼ 5.0pp
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). 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 2024 is a loss of €68,179, larger than the loss of €22,425 in 2023. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€885,442 ▼ 5.6%
Current assets
€553,987 ▼ 8.5%
Equity and liabilities €1.4m
Equity
€383,784 ▼ 23.2%
Provisions
€31,385 ▼ 9.8%
Debt
€1.0m ▲ 1.5%
Debt's share of the balance-sheet total rises from 65.4% to 71.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€16,139▼
2023 · €30,725
Cash flow
-€63,783▼
2023 · €6,331
Quick ratio
0.15▼
2023 · 0.36
Debt to equity
2.67▲
2023 · 2.02
ROE
-30.2%▼
2023 · -9.4%
Interest coverage
-0.34▼
2023 · 0.91
Debt ≤ 1 year
€579,422▲
2023 · €472,538
Debt > 1 year
€432,054▼
2023 · €528,707
Income taxes
€5,278▼
2023 · €14,920
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Mortgages, amount registered | €428,000 | €427,500 | €400,000 |
| Mortgage mandates | - | €153,000 | €153,000 |
| Carrying value of the mortgaged assets | €232,077 | €970,905 | €663,103 |
Source: notes to the 2022 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Tangible fixed assets | €651,066 | €134,187 | - |
| Depreciation and write-downs of the year | €53,488 | €53,151 | €52,040 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €123,602 | €4,259 | €5,082 | ▲ 19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,654 | €34,462 | €26,045 | €53,488 | €53,151 | €52,040 | ▼ 2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€627 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €20,276 | €7,819 | €11,542 | ▲ 47.6% |
| Gross operating margin9900 | €374,245 | €134,448 | €317,758 | €196,778 | €38,544 | -€4,597 | - |
| Operating profit (loss)9901 | €317,270 | €93,199 | €282,467 | €123,642 | -€22,425 | -€68,179 | ▼ 204% |
| Financial income75/76B | - | - | - | €321 | €1,136 | €1,255 | ▲ 10.5% |
| Recurring financial income75 | €133 | €172 | €2,025 | €321 | €1,136 | €1,255 | ▲ 10.5% |
| Financial charges65/66B | - | - | - | €23,725 | €33,641 | €47,033 | ▲ 39.8% |
| Recurring financial charges65 | €44,795 | €24,587 | €25,515 | €23,725 | €33,641 | €47,033 | ▲ 39.8% |
| Profit (loss) for the period before taxes9903 | €272,608 | €68,785 | €258,977 | €100,238 | -€54,930 | -€113,957 | ▼ 107% |
| Transfer from deferred taxes780 | - | - | - | €15,639 | €23,030 | €3,412 | ▼ 85.2% |
| Transfer to deferred taxes680 | - | - | - | €0 | - | - | - |
| Income taxes67/77 | €73,197 | €29,745 | €50,459 | €36,879 | €14,920 | €5,278 | ▼ 64.6% |
| Profit (loss) for the period9904 | €203,487 | €43,114 | €188,178 | €78,999 | -€46,820 | -€115,823 | ▼ 147% |
| Transfer from tax-exempt reserves789 | - | - | - | €32,617 | €173,977 | €65,155 | ▼ 62.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €50,520 | €6,315 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €106,412 | €49,209 | €106,007 | €61,096 | €120,842 | -€50,667 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.0m | €1.0m | €1.3m | €1.6m | €1.5m | €1.4m | ▼ 6.8% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.7m | €0.9m | €0.9m | €0.9m | ▼ 5.6% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €0.7m | €0.9m | €0.9m | €0.9m | ▼ 5.6% |
| Land and buildings22 | - | - | - | €0.8m | €0.9m | €0.9m | ▼ 4.8% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.001m | ▼ 40.0% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.02m | €0.01m | ▼ 41.5% |
| Assets under construction and advance payments27 | - | - | - | €0 | - | - | - |
| Current assets29/58 | €0.1m | €0.1m | €0.6m | €0.7m | €0.6m | €0.6m | ▼ 8.5% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.2m | €0.1m | €0.4m | €0.5m | ▲ 6.8% |
| Stocks30/36 | - | - | - | €0.1m | €0.4m | €0.5m | ▲ 6.8% |
| Amounts receivable within one year40/41 | €0.01m | €0.02m | €0.2m | €0.2m | €0.1m | €0.06m | ▼ 57.5% |
| Trade receivables40 | - | - | - | €0.009m | €0.02m | €0.03m | ▲ 87.4% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.1m | €0.03m | ▼ 76.8% |
| Cash at bank and in hand54/58 | €0.006m | €0.008m | €0.2m | €0.3m | €0.02m | €0.02m | ▲ 18.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.003m | €0.003m | ▲ 13.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.3m | €1.6m | €1.5m | €1.4m | ▼ 6.8% |
| Equity10/15 | €0.2m | €0.3m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 23.2% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.3m | €0.4m | €0.5m | €0.5m | €0.5m | ▼ 2.8% |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.1m | €0.08m | ▼ 45.8% |
| Distributable reserves133 | - | - | - | €0.2m | €0.3m | €0.4m | ▲ 15.3% |
| Profit (loss) carried forward14 | -€340 | - | - | - | - | -€0.1m | - |
| Provisions and deferred taxes16 | €0.06m | €0.05m | €0.07m | €0.06m | €0.03m | €0.03m | ▼ 9.8% |
| Deferred taxes168 | - | - | - | €0.06m | €0.03m | €0.03m | ▼ 9.8% |
| Amounts payable17/49 | €0.7m | €0.7m | €0.7m | €0.9m | €1.0m | €1.0m | ▲ 1.5% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.5m | €0.6m | €0.5m | €0.4m | ▼ 18.3% |
| Financial debts170/4 | - | - | - | €0.6m | €0.5m | €0.4m | ▼ 18.3% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €0.6m | ▲ 22.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.07m | €0.07m | ▲ 2.7% |
| Financial debts43 | - | - | - | €0.1m | €0.2m | €0.2m | ▲ 34.9% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.06m | €0.2m | ▲ 328% |
| Other loans439 | - | - | - | - | €0.1m | - | - |
| Trade debts44 | €0.009m | €0.007m | €0.03m | €0.01m | €0.02m | €0.04m | ▲ 97.7% |
| Suppliers440/4 | - | - | - | €0.01m | €0.02m | €0.04m | ▲ 97.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.02m | €0.009m | ▼ 62.2% |
| Taxes450/3 | - | - | - | €0.008m | €0.02m | €0.009m | ▼ 62.2% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 21.8% |
| Accrued charges and deferred income492/3 | - | - | - | €297 | €0.008m | €0.01m | ▲ 54.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €203,487 | €43,114 | €188,178 | €78,999 | -€46,820 | -€115,823 | ▼ 147% |
| + Depreciation and write-downs630 | €42,654 | €34,462 | €26,045 | €53,488 | €53,151 | €52,040 | ▼ 2.1% |
| Operating cash flow (approximation) | €246,141 | €77,577 | €214,223 | €132,487 | €6,331 | -€63,783 | - |
| Investment in fixed assets (approximation) | - | -€35,134 | €144,240 | -€228,829 | -€128,946 | €918 | - |
| Change in cash | - | €2,157 | €171,334 | €142,192 | -€304,025 | €3,254 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | micro format | 31-01-2025 | 2025-00022984 | |
| 30-06-2023 | micro format | 24-01-2024 | 2024-00006911 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00022233 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-03200110 | |
| 30-06-2020 | micro format | 22-01-2021 | 2021-02100514 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-04200094 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03800420 | |
| 30-06-2017 | micro format | 30-01-2018 | 2018-03500493 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03200284 | |
| 30-06-2015 | abbreviated format | 15-01-2016 | 2016-02000491 |