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BESACO

Active
Public limited companyfounded 197352 yrs activeOphovenstraat 30, 3680 Maaseik, BelgiumKBO/BCE: BE 0413.602.852
Summary

BESACO has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of €462,326. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 4473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112Supermarkets NACE 47114
#1 oldest company in Maaseik, Wholesale and retail trade sector1 site
How big
€4.6mtotal assets 2025
Staff
15.4 FTE
Equity
€3.8m
Profit
€462,326
Financially healthy?
98 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Who decides
Accounts filed 31 d late0 of 5 deeds read
Why 98+ Liquidity: current ratio 7.68, cash €2.9m+ Founded in 1973+ Equity €3.8m (83.8% of total assets)+ Size: 15.4 FTE, total assets €4.6mShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 87% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.8% of total assets
Liquidity 100+32
short-term debt 9.6% · cash 63.5%
Profitability 81-6
return on assets 10.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,668 companies)
  • Liquidity: current ratio 7.68, cash €2.9m lowers the probability
  • Founded in 1973 lowers the probability for this profile
  • Equity €3.8m (83.8% of total assets) lowers the probability
  • Size: 15.4 FTE, total assets €4.6m lowers the probability for this profile
Credit up to €370,000 at 30 days acceptable
Liquidity ample (current ratio 7.68 against 5.13 in 2024; short-term debt: 9.6% and cash: 63.5% of total assets), and 16.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 95%, liquidity 100%, profitability 81%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 7.68, cash €2.9m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1973
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €3.8m (83.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: 15.4 FTE, total assets €4.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
on the day
2023
29 d late
2022
24 d late
2021
18 d early
2020
17 d late
2019
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 24 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2018net €653,578 ▲28.8%

Key points

  • Positive: Oldest company in Maaseik, Wholesale and retail trade…in the Checked rankings #1 View
  • Positive: 8 profitable years in a rowprofit 2025: €462,326 8 years View
  • Caution: Result fell in 2025from €653,578 to €462,326 ▼ 29.3% View
  • Active since 1973founded 08-11-1973 52 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.6m
Profit
€462,326
Solvency
83.8%
Total assets▲ 4.5%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-07-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
08-11-1973
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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