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Besalb

Active
Private limited companyfounded 20224 yrs activeVeldstraat 3, 2110 Wijnegem, BelgiumKBO/BCE: BE 0789.260.690
Summary

The computed 12-month bankruptcy probability of Besalb is 2.3% (moderate). The 2025 annual accounts show equity of €17,122 and a net result of €878. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 28374 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability41▼-59
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 25.46 against 3.81 in 2024; short-term debt: 3.5% and cash: 24.3% of total assets), and 3.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.5%
Return on assets
5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
27 d early
2024
11 d early
2023
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 15 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

Besalb was incorporated on 1 August 2022 as a Private limited company.1 Total assets rose from EUR 10,931 in 2023 to EUR 17,739 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€17,122▲ 5.4%
2024 · €16,242
Total assets
€17,739▼ 14.7%
2024 · €20,792
Net result
€878▼ 89.2%
2024 · €8,121
Working capital
€15,102▲ 18.2%
2024 · €12,776
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€11,404-€12,638▲ 10.8%€3,885▼ 69.3%
Net result€8,121within the sector's middle half-€8,121within the sector's middle half=€878within the sector's middle half▼ 89.2%
Equity€8,121below the sector's middle half-€16,242below the sector's middle half▲ 100.0%€17,122below the sector's middle half▲ 5.4%
Total assets€10,931below the sector's middle half-€20,792below the sector's middle half▲ 90.2%€17,739below the sector's middle half▼ 14.7%
Debt€2,810-€4,550▲ 61.9%€617▼ 86.4%
Working capital€4,188within the sector's middle half-€12,776within the sector's middle half▲ 205%€15,102within the sector's middle half▲ 18.2%
Solvency74.3%above the sector's middle half-78.1%above the sector's middle half▲ 3.8pp96.5%above the sector's middle half▲ 18.4pp
Current ratio2.49within the sector's middle half-3.81above the sector's middle half▲ 1.3225.46above the sector's middle half▲ 21.65
Return on assets (ROA)74.3%above the sector's middle half-39.1%above the sector's middle half▼ 35.2pp5.0%within the sector's middle half▼ 34.1pp
Staff (FTE)0.31▲ 233%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2023: €11,404€11,404Net result 2023: €8,121€8,121Operating result 2024: €12,638€12,638Net result 2024: €8,121€8,121Operating result 2025: €3,885€3,885Net result 2025: €878€878202320242025€0€5,000€10,000€15,000Operating result 2023: €11,404€11,400Net result 2023: €8,121€8,120Operating result 2024: €12,638€12,600Net result 2024: €8,121€8,120Operating result 2025: €3,885€3,890Net result 2025: €878€878202320242025
The operating result falls in 2025; 2025 is 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,739
Fixed assets €2,020 ▼ 41.7%
Current assets €15,720 ▼ 9.3%
Equity and liabilities €17,739
Equity €17,122 ▲ 5.4%
Debt €617 ▼ 86.4%
Debt's share of the balance-sheet total falls from 21.9% to 3.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,332▼
2024 · €14,277
Cash flow
€2,326▼
2024 · €9,760
Debt to equity
0.04▼
2024 · 0.28
ROE
5.1%▼
2024 · 50.0%
Interest coverage
1.93▼
2024 · 6.59
Debt ≤ 1 year
€617▼
2024 · €4,550
Income taxes
€528▼
2024 · €2,350
Staff costs
€21,375▲
2024 · €8,159
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.1% stopped otherwise
94% 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 2.3% 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 2,546 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 accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€20,792€17,739▼
Fixed assets21/28€3,467€2,020▼
Tangible fixed assets22/27€3,467€2,020▼
Plant, machinery and equipment23€782€391▼
Furniture and vehicles24€2,685€1,629▼
Current assets29/58€17,326€15,720▼
Amounts receivable within one year40/41€3,165€11,407▲
Other amounts receivable41€3,165€11,407▲
Cash at bank and in hand54/58€14,161€4,312▼
Equity and liabilities
Total equity and liabilities10/49€20,792€17,739▼
Equity10/15€16,242€17,122▲
Contributions10/11-€1
Profit (loss) carried forward14€16,242€17,121▲
Amounts payable17/49€4,550€617▼
Amounts payable within one year42/48€4,550€617▼
Trade debts44-€117
Suppliers440/4-€117
Taxes, remuneration and social security45€4,550€500▼
Taxes450/3€4,550€500▼
Income statement Code20242025
Remuneration, social security and pensions62€8,159€21,375▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,639€1,447▼
Other operating charges640/8€1,141€1,009▼
Gross operating margin9900€23,578€27,717▲
Operating profit (loss)9901€12,638€3,885▼
Financial income75/76B€0€289▲
Recurring financial income75€0€289▲
Financial charges65/66B€2,167€2,768▲
Recurring financial charges65€2,167€2,768▲
Profit (loss) for the period before taxes9903€10,471€1,406▼
Income taxes67/77€2,350€528▼
Profit (loss) for the period9904€8,121€878▼
Profit (loss) for the period to be appropriated9905€8,121€878▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,242€17,121▲
Profit (loss) brought forward from the previous period14P€8,121€16,242▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€8,159€21,375▲ 162%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,546€1,639€1,447▼ 11.7%
Other operating charges640/8€582€1,141€1,009▼ 11.6%
Gross operating margin9900€13,533€23,578€27,717▲ 17.6%
Operating profit (loss)9901€11,404€12,638€3,885▼ 69.3%
Financial income75/76B-€0€289▲ 2,890,400%
Recurring financial income75-€0€289▲ 2,890,400%
Financial charges65/66B€1,083€2,167€2,768▲ 27.7%
Recurring financial charges65€1,083€2,167€2,768▲ 27.7%
Profit (loss) for the period before taxes9903€10,321€10,471€1,406▼ 86.6%
Income taxes67/77€2,200€2,350€528▼ 77.5%
Profit (loss) for the period9904€8,121€8,121€878▼ 89.2%
Profit (loss) for the period to be appropriated9905€8,121€8,121€878▼ 89.2%
Line202320242025Change
Assets
Total assets20/58€10,931€20,792€17,739▼ 14.7%
Fixed assets21/28€3,933€3,467€2,020▼ 41.7%
Tangible fixed assets22/27€3,933€3,467€2,020▼ 41.7%
Plant, machinery and equipment23-€782€391▼ 50.0%
Furniture and vehicles24€3,933€2,685€1,629▼ 39.3%
Current assets29/58€6,999€17,326€15,720▼ 9.3%
Amounts receivable within one year40/41€1,661€3,165€11,407▲ 260%
Trade receivables40€554---
Other amounts receivable41€1,107€3,165€11,407▲ 260%
Cash at bank and in hand54/58€5,337€14,161€4,312▼ 69.5%
Equity and liabilities
Total equity and liabilities10/49€10,931€20,792€17,739▼ 14.7%
Equity10/15€8,121€16,242€17,122▲ 5.4%
Contributions10/11--€1-
Profit (loss) carried forward14€8,121€16,242€17,121▲ 5.4%
Amounts payable17/49€2,810€4,550€617▼ 86.4%
Amounts payable within one year42/48€2,810€4,550€617▼ 86.4%
Trade debts44€62-€117-
Suppliers440/4€62-€117-
Taxes, remuneration and social security45€2,200€4,550€500▼ 89.0%
Taxes450/3€2,200€4,550€500▼ 89.0%
Other amounts payable47/48€548---
Line202320242025Change
Profit (loss) for the period9904€8,121€8,121€878▼ 89.2%
+ Depreciation and write-downs630€1,546€1,639€1,447▼ 11.7%
Operating cash flow (approximation)€9,668€9,760€2,326▼ 76.2%
Investment in fixed assets (approximation)--€1,173€0▲ 100%
Change in cash-€8,823-€9,848▼ 212%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €878 ▼89.2%
Net result drops to €878, the lowest in the series.
31-12
Financial Liquidity times 7current ratio 25.46
Current ratio from 3.81 to 25.46; short-term debt falls from €4,550 to €617.
20-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
14-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Wijnegem · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
136 m²
Building footprint
65 m²
Volume, LiDAR
331 m³
Parcel 11050A0436/00E004, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Besalb
Veldstraat 3, 2110 WijnegemSite preparation
since 20222.334.538.788
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0436/00E004 Flanders 136 m² 1 · 65 m² 7.5 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 3,959 companies in sector 43331 we hold annual accounts for 1,787. 1,292 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
Founded01-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789260690
Also 9925:BE0789260690
Registered 22-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.