Equity
BESIMO has made a profit without a break since 2023.
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BESIMO has made a profit without a break since 2023.
Six of the last ten came late. The 2017 accounts came latest: 42 days after the end of the period.
Less equity than 83% of companies in real estate. Sector median €942,893 · 5,813 companies.
In July 2024, 17,041 companies had the same profile as BESIMO has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for BESIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| BESIMO Namur | €67,027 | -€2,272 | 56.5% | - |
| D&S BOUW Zutendaal | €65,200 | -€13,967 | -36.8% | - |
| WILLEMSPROJECT Saint-Georges-sur-Meuse | €62,602 | -€9,978 | 16.2% | - |
| MOPurbandesign - architecture and engineering Ostend | €66,571 | €376 | 92.2% | - |
| Waymont Uccle | €74,090 | -€6 | -494.0% | - |
| NIC CONSTRUCT Oudenaarde | €64,362 | -€23,279 | 69.5% | - |
| PATRIMOINE PROMOTION CONSTRUCTION Soumagne | €71,729 | -€195,320 | -338.3% | - |
These companies have the same main activity as BESIMO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €62,600 and €74,100, founded between 2005 and 2008.
The gross margin has fallen every year since 2022. Solvency rose in 2025 from 50.1% to 56.5% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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