Private limited company · founded 2001 · 25 yrs activeKorte Keppestraat 23, 9320 Aalst, BelgiumKBO/BCE: BE 0474.509.944
Summary
BEPRAQ INVEST has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €1.1m. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 66 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability99▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.4%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360,000 at 30 days acceptable
Liquidity ample (current ratio 13.55 against 5.67 in 2024; short-term debt: 6.7% and cash: 3.9% of total assets), and 6.7% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 45% of the sector filed late.
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. Usually files around 14 June (5 of the last 5 filed years within 30 days of that day).
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 5 April 2001, BEPRAQ INVEST was incorporated.1Since 2005 the registered office has moved 4 times, most recently to Erembodegem in 2018.23The capital was increased 3 times between 2015 and 2018, most recently to EUR 924,583.456Of the 3 current board members, ODDS & OVERLAY has served longest, since 2016.7Revenue went from EUR 1.1 million in 2018 to EUR 730,555 in 2020 and headcount from 1.4 full-time equivalents in 2018 to 5.9 in 2025.8
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 92, Gambling and betting 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
Net result€170,791above the sector's middle half▲ 10.9%€276,396above the sector's middle half▲ 61.8%€334,536above the sector's middle half▲ 21.0%€898,564above the sector's middle half▲ 169%€1.1mabove the sector's middle half▲ 26.0%
EBIT margin
Equity€1.7mabove the sector's middle half▲ 11.2%€2.0mabove the sector's middle half▲ 16.3%€2.3mabove the sector's middle half▲ 17.0%€3.2mabove the sector's middle half▲ 38.9%€4.3mabove the sector's middle half▲ 35.3%
Total assets€2.0mabove the sector's middle half▲ 14.3%€2.2mabove the sector's middle half▲ 10.1%€2.8mabove the sector's middle half▲ 28.8%€3.8mabove the sector's middle half▲ 35.1%€4.6mabove the sector's middle half▲ 22.8%
Working capital€1.5mabove the sector's middle half▲ 11.7%€1.8mabove the sector's middle half▲ 17.7%€2.0mabove the sector's middle half▲ 11.6%€2.7mabove the sector's middle half▲ 34.0%€3.9mabove the sector's middle half▲ 43.7%
Solvency85.8%above the sector's middle half▼ 2.4pp90.7%above the sector's middle half▲ 4.8pp82.3%above the sector's middle half▼ 8.3pp84.7%above the sector's middle half▲ 2.3pp93.3%above the sector's middle half▲ 8.7pp
Current ratio6.60above the sector's middle half▼ 1.2210.29above the sector's middle half▲ 3.695.09above the sector's middle half▼ 5.205.67above the sector's middle half▲ 0.5813.55above the sector's middle half▲ 7.88
Return on assets (ROA)8.6%within the sector's middle half▼ 0.3pp12.7%within the sector's middle half▲ 4.1pp11.9%within the sector's middle half▼ 0.8pp23.7%above the sector's middle half▲ 11.8pp24.4%above the sector's middle half▲ 0.6pp
Staff (FTE)5within the sector's middle half=4.6within the sector's middle half▼ 8.0%6.3within the sector's middle half▲ 37.0%6.1within the sector's middle half▼ 3.2%5.9within the sector's middle half▼ 3.3%
abovewithinbelowthe middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
10%
90.4%
Fixed assets€444,656 ▼ 10.6%
Current assets€4.2m ▲ 27.8%
Equity and liabilities €4.6m
93.3%
7%
Equity€4.3m ▲ 35.3%
Debt€310,351 ▼ 46.5%
Debt's share of the balance-sheet total falls from 15.3% to 6.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.7m▲
2024 · €1.3m
Cash flow
€1.2m▲
2024 · €957,949
Debt to equity
0.07▼
2024 · 0.18
ROE
26.1%▼
2024 · 28.0%
Interest coverage
62.10▼
2024 · 71.04
Debt ≤ 1 year
€310,351▼
2024 · €580,542
Income taxes
€451,599▲
2024 · €377,703
Staff costs
€326,690▲
2024 · €278,850
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
0.5%went bankrupt
5.9%stopped otherwise
93%still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,371 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
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 42 lines
Balance sheetCode20242025
Assets
Total assets20/58€3.8m€4.6m▲
Fixed assets21/28€497,422€444,656▼
Tangible fixed assets22/27€422,332€369,567▼
Plant, machinery and equipment23€350,582€267,829▼
Other tangible fixed assets26€71,751€101,738▲
Financial fixed assets28€75,090€75,090=
Current assets29/58€3.3m€4.2m▲
Amounts receivable within one year40/41€2.9m€3.8m▲
Trade receivables40€19,280€103▼
Other amounts receivable41€2.8m€3.8m▲
Cash at bank and in hand54/58€250,041€182,284▼
Deferred charges and accrued income490/1€182,640€186,134▲
Equity and liabilities
Total equity and liabilities10/49€3.8m€4.6m▲
Equity10/15€3.2m€4.3m▲
Contributions10/11€1.0m€1.0m=
Reserves13€84,200€84,200=
Tax-exempt reserves132€84,200€84,200=
Profit (loss) carried forward14€2.1m€3.2m▲
Amounts payable17/49€580,542€310,351▼
Amounts payable within one year42/48€580,542€310,351▼
Trade debts44€341,000€69,551▼
Suppliers440/4€341,000€69,551▼
Taxes, remuneration and social security45€216,347€214,629▼
Taxes450/3€194,451€183,179▼
Remuneration and social security454/9€21,895€31,449▲
Other amounts payable47/48€23,196€26,171▲
Income statementCode20242025
Remuneration, social security and pensions62€278,850€326,690▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59,385€99,138▲
Other operating charges640/8€474,431€473,930▼
Gross operating margin9900€2.0m€2.5m▲
Operating profit (loss)9901€1.2m€1.6m▲
Financial income75/76B€65,823€49,948▼
Recurring financial income75€65,823€49,948▼
Financial charges65/66B€18,130€26,730▲
Recurring financial charges65€18,130€26,730▲
Profit (loss) for the period before taxes9903€1.3m€1.6m▲
Income taxes67/77€377,703€451,599▲
Profit (loss) for the period9904€898,564€1.1m▲
Profit (loss) for the period to be appropriated9905€898,564€1.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.1m€3.2m▲
Profit (loss) brought forward from the previous period14P€1.2m€2.1m▲
Social balance
Average headcount (FTE)90876.15.9▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Remuneration, social security and pensions62
€121,338
€201,441
€329,006
€278,850
€326,690
▲ 17.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€23,820
€30,733
€37,230
€59,385
€99,138
▲ 66.9%
Other operating charges640/8
€200,295
€323,392
€434,674
€474,431
€473,930
▼ 0.1%
Gross operating margin9900
€580,513
€928,666
€1.3m
€2.0m
€2.5m
▲ 20.5%
Operating profit (loss)9901
€235,060
€373,101
€463,253
€1.2m
€1.6m
▲ 27.0%
Financial income75/76B
€5,093
€8,131
€13,834
€65,823
€49,948
▼ 24.1%
Recurring financial income75
€5,093
€8,131
€13,834
€65,823
€49,948
▼ 24.1%
Financial charges65/66B
€573
€6,319
€17,419
€18,130
€26,730
▲ 47.4%
Recurring financial charges65
€573
€6,319
€17,419
€18,130
€26,730
▲ 47.4%
Profit (loss) for the period before taxes9903
€239,580
€374,913
€459,668
€1.3m
€1.6m
▲ 24.1%
Income taxes67/77
€68,789
€98,517
€125,132
€377,703
€451,599
▲ 19.6%
Profit (loss) for the period9904
€170,791
€276,396
€334,536
€898,564
€1.1m
▲ 26.0%
Transfer to tax-exempt reserves689
-
-
€84,200
-
-
-
Profit (loss) for the period to be appropriated9905
€170,791
€276,396
€250,336
€898,564
€1.1m
▲ 26.0%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€2.0m
€2.2m
€2.8m
€3.8m
€4.6m
▲ 22.8%
Fixed assets21/28
€163,393
€169,403
€285,780
€497,422
€444,656
▼ 10.6%
Tangible fixed assets22/27
€88,303
€94,313
€210,690
€422,332
€369,567
▼ 12.5%
Plant, machinery and equipment23
€31,614
€55,394
€184,599
€350,582
€267,829
▼ 23.6%
Furniture and vehicles24
€5,527
€3,684
€1,842
-
-
-
Other tangible fixed assets26
€51,163
€35,235
€24,249
€71,751
€101,738
▲ 41.8%
Financial fixed assets28
€75,090
€75,090
€75,090
€75,090
€75,090
=
Current assets29/58
€1.8m
€2.0m
€2.5m
€3.3m
€4.2m
▲ 27.8%
Amounts receivable within one year40/41
€1.6m
€1.7m
€2.1m
€2.9m
€3.8m
▲ 34.3%
Trade receivables40
€2,803
€716
€1,892
€19,280
€103
▼ 99.5%
Other amounts receivable41
€1.6m
€1.7m
€2.1m
€2.8m
€3.8m
▲ 35.2%
Cash at bank and in hand54/58
€32,480
€128,082
€206,062
€250,041
€182,284
▼ 27.1%
Deferred charges and accrued income490/1
€149,091
€163,478
€174,139
€182,640
€186,134
▲ 1.9%
Equity and liabilities
Total equity and liabilities10/49
€2.0m
€2.2m
€2.8m
€3.8m
€4.6m
▲ 22.8%
Equity10/15
€1.7m
€2.0m
€2.3m
€3.2m
€4.3m
▲ 35.3%
Contributions10/11
€1.0m
€1.0m
€1.0m
€1.0m
€1.0m
=
Reserves13
-
-
€84,200
€84,200
€84,200
=
Tax-exempt reserves132
-
-
€84,200
€84,200
€84,200
=
Profit (loss) carried forward14
€669,088
€945,484
€1.2m
€2.1m
€3.2m
▲ 54.1%
Amounts payable17/49
€279,789
€202,639
€494,718
€580,542
€310,351
▼ 46.5%
Amounts payable within one year42/48
€274,789
€195,009
€494,718
€580,542
€310,351
▼ 46.5%
Trade debts44
€127,498
€67,725
€312,518
€341,000
€69,551
▼ 79.6%
Suppliers440/4
€127,498
€67,725
€312,518
€341,000
€69,551
▼ 79.6%
Taxes, remuneration and social security45
€130,062
€114,078
€148,444
€216,347
€214,629
▼ 0.8%
Taxes450/3
€91,760
€91,025
€108,872
€194,451
€183,179
▼ 5.8%
Remuneration and social security454/9
€38,302
€23,053
€39,572
€21,895
€31,449
▲ 43.6%
Other amounts payable47/48
€17,229
€13,206
€33,756
€23,196
€26,171
▲ 12.8%
Accrued charges and deferred income492/3
€5,000
€7,629
-
-
-
-
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€170,791
€276,396
€334,536
€898,564
€1.1m
▲ 26.0%
+ Depreciation and write-downs630
€23,820
€30,733
€37,230
€59,385
€99,138
▲ 66.9%
Operating cash flow (approximation)
€194,611
€307,130
€371,767
€957,949
€1.2m
▲ 28.6%
Investment in fixed assets (approximation)
-
-€36,743
-€153,607
-€271,027
-€46,373
▲ 82.9%
Change in cash
-
€95,601
€77,980
€43,979
-€67,758
▼ 254%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Target date, 29-06-2018
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Statutes amendment
Statutes amendment
02-03
State Gazette actPermanent representative: Tom De Clercq
State Gazette actResignations: ARDI BVBA (manager) and GECA INVEST NV (manager)
Power of attorney4 facts ▸
General meeting, 21-12-2017
Director resignation, ARDI BVBA (manager)
Director resignation, GECA INVEST NV (manager)
Power of attorney, Allen & Overy (Belgium) LLP
2017
28-07
NBB filingAnnual accounts filed
fiscal year 2016 · full schema
18-05
State Gazette actStatutes amendment
Capital · Share pledge4 facts ▸
General meeting, 21-02-2017
Statutes amendment
Capital, €22.072
Share pledge, Shares pledged under a Share Pledge Agreement to be concluded between Napoleon Games NV (Pledgor), Glas Trust Corporation Limited (Security Agent) and the Finan…
10-04
State Gazette actAppointment: Odds & Overlay BVBA (manager)
Permanent representative: Tom De Clercq3 facts ▸
General meeting, 20-12-2016
Director appointment, Odds & Overlay BVBA (manager)
Permanent representative, Tom De Clercq
2015
26-10
State Gazette actResignations: Geert Seynaeve (manager) and Mieke Michiels (manager)
Appointment: Tom De Clercq (non-statutory manager) · Permanent representatives: Geert Seynaeve and Dewaele Nicolas · Director discharge13 facts ▸
General meeting, 17-08-2015
Director resignation, Geert Seynaeve (manager)
Director resignation, Mieke Michiels (manager)
Director discharge, Geert Seynaeve
Director discharge, Mieke Michiels
Director appointment, Tom De Clercq (non-statutory manager)
Board composition, ARDI BVBA (manager)
Board composition, GECA INVEST NV (manager)
Board composition, MDW BVBA (manager)
Board composition, Tom De Clercq (manager)
Permanent representative, Geert Seynaeve
Permanent representative, Geert Seynaeve
+1 further facts in this act
07-10
State Gazette actMiscellaneous
Capital increase · Statutes amendment · Capital7 facts ▸
General meeting, 03-09-2015
Capital increase, €3.472
Statutes amendment
Statutes amendment
Statutes amendment
Capital, €22.072
Power of attorney, Allen & Overy LLP
2013
08-08
State Gazette actAppointment: MDW (non-statutory manager)
Permanent representative: Nicolas Dewaele8 facts ▸
Registered-office move, Oostendesteenweg 259 te 8480 Ichtegem
Director appointment, ARDI BVBA (non-statutory manager)
Director appointment, GECA INVEST NV (non-statutory manager)
Permanent representative, Geert SEYNAEVE
Permanent representative, Geert SEYNAEVE
Board composition, Mieks MICHIELS (manager)
Board composition, Geert SEYNAEVE (manager)
Board composition, ARDI BVBA (manager)
Board composition, GECA INVEST NV (manager)
2005
27-09
State Gazette actResignations: Mieke Michiels (manager) and Tom De Clercq (manager)
Appointment: Frans De Cock (manager) · Director discharge · Registered-office move7 facts ▸
General meeting, 15-09-2005
Director resignation, Mieke Michiels (manager)
Director resignation, Tom De Clercq (manager)
Director discharge, Mieke Michiels
Director discharge, Tom De Clercq
Director appointment, Frans De Cock (manager)
Registered-office move, Brakelsesteenweg 95 te 9400 Ninove
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
23 of 23 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
2 directors, 1 in day-to-day management, no change since 2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Rue de la Festingue(N) 36, 7730 EstaimpuisCafés and bars
since 20012.116.326.994
2 parcels
Flanders1(50%)Wallonia1(50%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
41342B0932/00D000
Flanders
1.7 ha
1 · 2,128 m²
58.8 m · 9 fl.
57058C0024/00N002
Wallonia
575 m²
1 · 202 m²
8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Groot- en kleinhandel in suiker, chocolade en suikerwerk; in- en uitvoer van voedings- en genotartikelen; de handelsbemiddeling in voedings- en genotartikelen; vervaardiging van…
Full purpose
Groot- en kleinhandel in suiker, chocolade en suikerwerk; in- en uitvoer van voedings- en genotartikelen; de handelsbemiddeling in voedings- en genotartikelen; vervaardiging van chocolade en suikerwerk; de verkoop van eetwaren en dranken die ter plaatse worden verbruikt en in het algemeen in wegwerpverpakkingen aangeboden in snelbuffetten zoals snackbars, sandwichbars en hamburgerrestaurants, croissanteries, crêperies en warme wafelkramen, tearooms, ijssalons, cafetaria's, drive-in restaurants, pizzeria's; de uitbating van cafés, discotheken en dancings; de handel in onroerend goed, zulks voor eigen rekening; het verhuren van eigen onroerende goederen; de projectontwikkeling in het algemeen; het verpakken van diverse goederen; de exploitatie van kansspelen, snooker- en biljartzalen, recreatie- en lunaparken.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
According to the 2025 annual accounts of BEPRAQ INVEST and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
24 connected companies
Depth
Shared directorsBundled connections
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 506 companies in sector 92000 we hold annual accounts for 302. 119 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPrivate limited company
Founded05-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
92000Gambling and betting activities
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID0208:0474509944
Registered01-08-2021
If you follow this company, Checked tells you the day it leaves the Peppol register.