BEQUOYE GLENN
ActiveSummary
The computed 12-month bankruptcy probability of BEQUOYE GLENN is 2.1% (moderate). The 2024 annual accounts show equity of €309k and a net result of €106k. Equity is growing by ~49% per year across the filed fiscal years. Its solvency ranks better than 61% of 1306 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+7
Solvency81▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.69 in 2023; short-term debt: 39.7% and cash: 10.5% of total assets), and 44.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
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 18-06-2025, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
51 d early
2022
47 d early
2021
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€309k▲ 52.2%
2023 · €203k
2021: €55k
2022: €137k
2023: €203k
2021 → 2024
Total assets
€552k▲ 17.1%
2023 · €472k
2021: €266k
2022: €383k
2023: €472k
2021 → 2024
Net result
€106k▲ 61.9%
2023 · €65k
2021: €52k
2022: €82k
2023: €65k
2021 → 2024
Working capital
€-91k▼ 47.4%
2023 · €-62k
2021: €-9k
2022: €-62k
2023: €-62k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€55k-€137k▲ 149%€203k▲ 47.6%€309k▲ 52.2%
Operating result€74k-€105k▲ 40.8%€92k▼ 12.3%€130k▲ 41.5%
Net result€52k-€82k▲ 57.7%€65k▼ 20.6%€106k▲ 61.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 41% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €552k
Fixed assets
€423k ▲ 27.0%
Current assets
€129k ▼ 6.8%
Equity and liabilities €552k
Equity
€309k ▲ 52.2%
Debt
€243k ▼ 9.4%
Debt's share of the balance-sheet total falls from 57.0% to 44.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€219k▲
2023 · €177k
Cash flow
€195k▲
2023 · €151k
Current ratio
0.59▼
2023 · 0.69
Debt to equity
0.79▼
2023 · 1.32
ROE
34.3%▲
2023 · 32.2%
ROA
19.2%▲
2023 · 13.9%
Interest coverage
77.38▲
2023 · 45.96
Debt ≤ 1 year
€219k▲
2023 · €200k
Debt > 1 year
€24k▼
2023 · €69k
Income taxes
€21k▼
2023 · €23k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€472k€552k▲
Fixed assets21/28€334k€423k▲
Tangible fixed assets22/27€330k€420k▲
Land and buildings22€38k€88k▲
Plant, machinery and equipment23€62k€48k▼
Furniture and vehicles24€230k€283k▲
Financial fixed assets28€4k€4k=
Current assets29/58€138k€129k▼
Amounts receivable within one year40/41€46k€48k▲
Trade receivables40€46k€47k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€53k€58k▲
Deferred charges and accrued income490/1€40k€23k▼
Equity and liabilities
Total equity and liabilities10/49€472k€552k▲
Equity10/15€203k€309k▲
Contributions10/11€3k€3k=
Reserves13€199k€199k=
Distributable reserves133€199k€199k=
Profit (loss) carried forward14€858€107k▲
Amounts payable17/49€269k€243k▼
Amounts payable after more than one year17€69k€24k▼
Financial debts170/4€69k€24k▼
Amounts payable within one year42/48€200k€219k▲
Current portion of amounts payable after more than one year42€44k€45k▲
Trade debts44€53k€74k▲
Suppliers440/4€53k€74k▲
Taxes, remuneration and social security45€72k€34k▼
Taxes450/3€39k€21k▼
Remuneration and social security454/9€33k€13k▼
Other amounts payable47/48€31k€67k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€89k▲
Other operating charges640/8€2k€61k▲
Gross operating margin9900€179k€280k▲
Operating profit (loss)9901€92k€130k▲
Financial income75/76B€0€32▲
Recurring financial income75€0€32▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€88k€127k▲
Income taxes67/77€23k€21k▼
Profit (loss) for the period9904€65k€106k▲
Profit (loss) for the period to be appropriated9905€65k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€107k▲
Profit (loss) brought forward from the previous period14P€482€858▲
Transfer to equity691/2€65k-
To other reserves6921€65k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €106k ▲61.9%
Operating result €130k, net result €106k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €203k ▲47.6%
3 profitable years in a row build equity to €203k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €137k ▲149%
2 profitable years in a row build equity to €137k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Houthulst · 1 establishment unit since 2021
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.
Merkemstraat 1038650 HouthulstGround area
5,138 m²
Building footprint
193 m²
Volume, LiDAR
415 m³
Parcel 32015C0822/00X000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BEQUOYE GLENN
since 20212.311.572.851
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32015C0822/00X000 | Flanders | 5,138 m² | 1 · 193 m² | 7.2 m · 1 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
2022 to 2024 · 4 entries · 1,903 EUR awarded · 1,903 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 307 EUR | 307 EUR |
| 2023 | 2 | 1,548 EUR | 1,548 EUR |
| 2022 | 1 | 48 EUR | 48 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHouthulst2.311.572.851
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VAB Wegenwacht
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IMMO DEAL INVEST
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Of 1,725 companies in sector 52210 we hold annual accounts for 771. 532 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
Founded06-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
52210Service activities incidental to land transportation
52249Warehousing and support activities for transportation
52250Logistics services
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.