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BEST

Active
Public limited companyfounded 199036 yrs activeDorpstraat 6, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0441.884.488
Summary

BEST has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565,241 and a net result of -€43,045. Equity is growing by ~7.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability59▼-10
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
short-term debt: 0.6% and cash: 64.7% of total assets, and 0.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
99.4%
Return on assets
-7.6%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 30-06-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
11 d early
2023
44 d late
2022
2 d early
2021
on the day
2020
on the day
2019
66 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-11-2026 close30-06-2027 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

BEST was incorporated on 29 August 1990.1 Total assets went from EUR 522,314 in 2018 to EUR 568,455 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€565,241▼ 7.1%
2024 · €608,286
Total assets
€568,455▼ 8.0%
2024 · €617,638
Net result
-€43,045
2024 · €2,109
Working capital
€528,493▼ 9.3%
2024 · €582,451
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€277,644-€12,941€51,758€7,386▼ 85.7%€13,410▲ 81.6%
Net result€290,521-€11,727€53,914€2,109▼ 96.1%-€43,045
Equity€621,551▲ 87.8%€552,263▼ 11.1%€606,177▲ 9.8%€608,286▲ 0.3%€565,241▼ 7.1%
Total assets€791,078▲ 55.8%€779,351▼ 1.5%€846,326▲ 8.6%€617,638▼ 27.0%€568,455▼ 8.0%
Debt€169,527▲ 56,545%€227,088▲ 34.0%€240,149▲ 5.8%€9,352▼ 96.1%€3,214▼ 65.6%
Working capital€267,632▲ 221%€214,729▼ 19.8%€571,082▲ 166%€582,451▲ 2.0%€528,493▼ 9.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2021 Equity +88%, Total assets +56% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: €277,644€277,644Net result 2021: €290,521€290,521Operating result 2022: -€12,941-€12,941Net result 2022: -€11,727-€11,727Operating result 2023: €51,758€51,758Net result 2023: €53,914€53,914Operating result 2024: €7,386€7,386Net result 2024: €2,109€2,109Operating result 2025: €13,410€13,410Net result 2025: -€43,045-€43,04520212022202320242025-€50,000-€25,000€0€25,000€50,000Operating result 2023: €51,758€51,800Net result 2023: €53,914€53,900Operating result 2024: €7,386€7,390Net result 2024: €2,109€2,110Operating result 2025: €13,410€13,400Net result 2025: -€43,045-€43,000202320242025
The operating result recovers in 2025; 2025 is 82% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €568,455
Fixed assets €36,747 ▲ 42.2%
Current assets €531,708 ▼ 10.2%
Equity and liabilities €568,455
Equity €565,241 ▼ 7.1%
Debt €3,214 ▼ 65.6%
Debt's share of the balance-sheet total falls from 1.5% to 0.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14,068▼
2024 · €16,394
Cash flow
-€42,388▼
2024 · €11,117
Debt to equity
0.01▼
2024 · 0.02
ROE
-7.6%▼
2024 · 0.3%
ROA
-7.6%▼
2024 · 0.3%
Interest coverage
229.37▲
2024 · 28.14
Debt ≤ 1 year
€3,214▼
2024 · €9,352
Income taxes
€63,318▲
2024 · €8,556
A ratio outside any meaningful range has been withheld (balance sheet total €568,455, equity €565,241).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 8,594 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€617,638€568,455▼
Fixed assets21/28€25,835€36,747▲
Tangible fixed assets22/27€25,835€36,747▲
Land and buildings22€25,835€36,747▲
Furniture and vehicles24€0-
Current assets29/58€591,803€531,708▼
Amounts receivable within one year40/41€148,643€164,072▲
Other amounts receivable41€148,643€164,072▲
Cash at bank and in hand54/58€443,160€367,636▼
Equity and liabilities
Total equity and liabilities10/49€617,638€568,455▼
Equity10/15€608,286€565,241▼
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Reserves13€583,618€583,618=
Non-distributable reserves130/1€8,003€8,003=
Legal reserve130€8,003€8,003=
Distributable reserves133€575,615€575,615=
Profit (loss) carried forward14-€75,332-€118,378▼
Amounts payable17/49€9,352€3,214▼
Amounts payable within one year42/48€9,352€3,214▼
Trade debts44€9,352€3,214▼
Suppliers440/4€9,352€3,214▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,008€658▼
Other operating charges640/8€1,587€2,537▲
Non-recurring operating charges66A€252€0▼
Gross operating margin9900€18,233€16,605▼
Operating profit (loss)9901€7,386€13,410▲
Financial income75/76B€3,861€6,924▲
Recurring financial income75€3,861€6,924▲
Financial charges65/66B€583€61▼
Recurring financial charges65€583€61▼
Profit (loss) for the period before taxes9903€10,664€20,272▲
Income taxes67/77€8,556€63,318▲
Profit (loss) for the period9904€2,109-€43,045▼
Profit (loss) for the period to be appropriated9905€2,109-€43,045▼
Appropriation of the result
Profit (loss) to be appropriated9906-€75,332-€118,378▼
Profit (loss) brought forward from the previous period14P-€77,441-€75,332▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€96,541€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,385€16,385€6,207€9,008€658▼ 92.7%
Other operating charges640/8€6,293€4,029€384€1,587€2,537▲ 59.9%
Non-recurring operating charges66A€34,779-€6,367€252€0▼ 100%
Gross operating margin9900€335,101€7,474€64,717€18,233€16,605▼ 8.9%
Operating profit (loss)9901€277,644-€12,941€51,758€7,386€13,410▲ 81.6%
Financial income75/76B€6,215€1,370€2,196€3,861€6,924▲ 79.3%
Recurring financial income75€6,215€1,370€2,196€3,861€6,924▲ 79.3%
Financial charges65/66B€252€156€39€583€61▼ 89.5%
Recurring financial charges65€252€156€39€583€61▼ 89.5%
Profit (loss) for the period before taxes9903€283,606-€11,727€53,914€10,664€20,272▲ 90.1%
Transfer from deferred taxes780€176,441-----
Income taxes67/77€169,527--€8,556€63,318▲ 640%
Profit (loss) for the period9904€290,521-€11,727€53,914€2,109-€43,045▼ 2,141%
Transfer from tax-exempt reserves789€342,656-----
Profit (loss) for the period to be appropriated9905€633,177-€11,727€53,914€2,109-€43,045▼ 2,141%
Line20212022202320242025Change
Assets
Total assets20/58€791,078€779,351€846,326€617,638€568,455▼ 8.0%
Fixed assets21/28€353,919€337,534€35,095€25,835€36,747▲ 42.2%
Tangible fixed assets22/27€353,919€337,534€35,095€25,835€36,747▲ 42.2%
Land and buildings22€353,416€337,156€34,843€25,835€36,747▲ 42.2%
Furniture and vehicles24€503€378€252€0--
Current assets29/58€437,159€441,817€811,231€591,803€531,708▼ 10.2%
Amounts receivable within one year40/41€80,721€101,425€124,061€148,643€164,072▲ 10.4%
Other amounts receivable41€80,721€101,425€124,061€148,643€164,072▲ 10.4%
Cash at bank and in hand54/58€356,438€340,392€687,170€443,160€367,636▼ 17.0%
Equity and liabilities
Total equity and liabilities10/49€791,078€779,351€846,326€617,638€568,455▼ 8.0%
Equity10/15€621,551€552,263€606,177€608,286€565,241▼ 7.1%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10€100,000€100,000€100,000€100,000€100,000=
Issued capital100€100,000€100,000€100,000€100,000€100,000=
Reserves13€8,003€583,618€583,618€583,618€583,618=
Non-distributable reserves130/1€8,003€8,003€8,003€8,003€8,003=
Legal reserve130€8,003€8,003€8,003€8,003€8,003=
Distributable reserves133-€575,615€575,615€575,615€575,615=
Profit (loss) carried forward14€513,549-€131,355-€77,441-€75,332-€118,378▼ 57.1%
Amounts payable17/49€169,527€227,088€240,149€9,352€3,214▼ 65.6%
Amounts payable within one year42/48€169,527€227,088€240,149€9,352€3,214▼ 65.6%
Trade debts44--€13,061€9,352€3,214▼ 65.6%
Suppliers440/4--€13,061€9,352€3,214▼ 65.6%
Taxes, remuneration and social security45€169,527€227,088€227,088€0--
Taxes450/3€169,527€227,088€227,088€0--
Line20212022202320242025Change
Profit (loss) for the period9904€290,521-€11,727€53,914€2,109-€43,045▼ 2,141%
+ Depreciation and write-downs630€16,385€16,385€6,207€9,008€658▼ 92.7%
Operating cash flow (approximation)€306,906€4,658€60,122€11,117-€42,388▼ 481%
Investment in fixed assets (approximation)-€0€296,232€252-€11,570▼ 4,697%
Change in cash--€16,045€346,778-€244,011-€75,524▲ 69.0%

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 30-06-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-11
Financial Weakest financial yearnet -€43,045
Net result drops to -€43,045, the lowest in the series.
30-11
Financial Liquidity triplescurrent ratio 165.42
Current ratio from 63.28 to 165.42; short-term debt falls from €9,352 to €3,214.
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-11
Financial Liquidity times 19current ratio 63.28
Current ratio from 3.38 to 63.28; short-term debt falls from €240,149 to €9,352.
13-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
30-11
Financial Back to profitnet €53,914
Net result €53,914 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial Back to profitnet €290,521
Net result €290,521 after 3 loss-making years.
30-11
Financial Equity above €500,000Eq €621,551 ▲87.8%
Equity rises from €331,031 to €621,551.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
04-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-11
Financial Liquidity times 5current ratio 175.20
Current ratio from 32.07 to 175.20; short-term debt falls from €1,815 to €363.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are 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, Machelen (Brab.) · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
250 m²
Building footprint
208 m²
Volume, LiDAR
2,006 m³
Parcel 23047B0002/00G002, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Dorpstraat 6, 1830 Machelen (Brab.)
NACE 65231
since 19902.050.088.367
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23047B0002/00G002 Flanders 250 m² 1 · 208 m² 13.3 m · 4 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.

Identification & contact

Identification
Legal formPublic limited company
Founded29-08-1990
Fiscal year end30-11
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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