BESTO
ActiveSummary
BESTO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54k and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 563 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-35
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 19.42 against 2.58 in 2023; short-term debt: 4.1% and cash: 18.7% of total assets), and 7.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.5%
Return on assets
-23.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
6 d early
2022
31 d late
2021
19 d late
2020
23 d late
2019
85 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€54k▼ 20.1%
2023 · €67k
2018: €-9k
2019: €-13k▼ -32.9% vs 2018
2020: €-17k▼ -37.3% vs 2019
2021: €-23k▼ -35.6% vs 2020lowest in 7 years
2022: €69k▲ +395% vs 2021highest in 7 years
2023: €67k▼ -2.2% vs 2022
2024: €54k▼ -20.1% vs 2023
2018 → 2024
Total assets
€58k▼ 43.3%
2023 · €103k
2018: €18k
2019: €17k▼ -6.1% vs 2018
2020: €13k▼ -23.4% vs 2019
2021: €6k▼ -55.1% vs 2020lowest in 7 years
2022: €131k▲ +2196% vs 2021highest in 7 years
2023: €103k▼ -21.6% vs 2022
2024: €58k▼ -43.3% vs 2023
2018 → 2024
Net result
€-14k▼ 801%
2023 · €-1k
2018: €-16klowest in 7 years
2019: €-3k▲ +80.1% vs 2018
2020: €-5k▼ -50.7% vs 2019
2021: €-6k▼ -30.9% vs 2020
2022: €-8k▼ -28.5% vs 2021
2023: €-1k▲ +80.9% vs 2022highest in 7 years
2024: €-14k▼ -801% vs 2023
2018 → 2024
Working capital
€44k▼ 17.3%
2023 · €53k
2018: €-19k
2019: €-19k▼ -3.7% vs 2018
2020: €-22k▼ -11.7% vs 2019
2021: €-25k▼ -17.2% vs 2020lowest in 7 years
2022: €59k▲ +333% vs 2021highest in 7 years
2023: €53k▼ -9.3% vs 2022
2024: €44k▼ -17.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-17k-€-23k▼ 35.6%€69k€67k▼ 2.2%€54k▼ 20.1%
2020: €-17k
2021: €-23k▼ -35.6% vs 2020lowest in 5 years
2022: €69k▲ +395% vs 2021highest in 5 years
2023: €67k▼ -2.2% vs 2022
2024: €54k▼ -20.1% vs 2023
Operating result€-4k-€-6k▼ 28.4%€-7k▼ 29.8%€195€-13k
2020: €-4k
2021: €-6k▼ -28.4% vs 2020
2022: €-7k▼ -29.8% vs 2021
2023: €195▲ +103% vs 2022highest in 5 years
2024: €-13k▼ -6956% vs 2023lowest in 5 years
Net result€-5k-€-6k▼ 30.9%€-8k▼ 28.5%€-1k▲ 80.9%€-14k▼ 801%
2020: €-5k
2021: €-6k▼ -30.9% vs 2020
2022: €-8k▼ -28.5% vs 2021
2023: €-1k▲ +80.9% vs 2022highest in 5 years
2024: €-14k▼ -801% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €195 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€12k ▼ 25.0%
Current assets
€47k ▼ 46.6%
Equity and liabilities €58k
Equity
€54k ▼ 20.1%
Debt
€4k ▼ 87.7%
Debt's share of the balance-sheet total falls from 34.4% to 7.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2023 · €4k
Cash flow
€-10k▼
2023 · €2k
Current ratio
19.42▲
2023 · 2.58
Quick ratio
4.80▲
2023 · 1.54
Debt to equity
0.08▼
2023 · 0.53
ROE
-25.1%▼
2023 · -2.2%
ROA
-23.2%▼
2023 · -1.5%
Interest coverage
-65.86▼
2023 · 2.11
Debt ≤ 1 year
€2k▼
2023 · €34k
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 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€103k€58k▼
Fixed assets21/28€15k€12k▼
Intangible fixed assets21€15k€12k▼
Current assets29/58€87k€47k▼
Stocks and contracts in progress3€35k€35k=
Stocks30/36€35k€35k=
Amounts receivable within one year40/41€23k€631▼
Trade receivables40€15k-
Other amounts receivable41€8k€631▼
Cash at bank and in hand54/58€29k€11k▼
Equity and liabilities
Total equity and liabilities10/49€103k€58k▼
Equity10/15€67k€54k▼
Contributions10/11€106k€106k=
Profit (loss) carried forward14€-39k€-52k▼
Amounts payable17/49€35k€4k▼
Amounts payable within one year42/48€34k€2k▼
Trade debts44€3k€607▼
Suppliers440/4€3k€607▼
Taxes, remuneration and social security45€494€494=
Taxes450/3€494€494=
Other amounts payable47/48€30k€1k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€652€449▼
Gross operating margin9900€4k€-9k▼
Operating profit (loss)9901€195€-13k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€144▼
Recurring financial charges65€2k€144▼
Profit (loss) for the period before taxes9903€-1k€-14k▼
Profit (loss) for the period9904€-1k€-14k▼
Profit (loss) for the period to be appropriated9905€-1k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-52k▼
Profit (loss) brought forward from the previous period14P€-37k€-39k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €463 | €3k | €4k | ▲ 13.8% |
| Other operating charges640/8 | - | - | €3k | €652 | €449 | ▼ 31.1% |
| Gross operating margin9900 | €-2k | €-3k | €-4k | €4k | €-9k | ▼ 314% |
| Operating profit (loss)9901 | €-4k | €-6k | €-7k | €195 | €-13k | ▼ 6,956% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | €12 | - | - | €0 | - | - |
| Financial charges65/66B | - | €365 | €398 | €2k | €144 | ▼ 91.5% |
| Recurring financial charges65 | €204 | €365 | €398 | €2k | €144 | ▼ 91.5% |
| Profit (loss) for the period before taxes9903 | €-5k | €-6k | €-8k | €-1k | €-14k | ▼ 801% |
| Profit (loss) for the period9904 | €-5k | €-6k | €-8k | €-1k | €-14k | ▼ 801% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-6k | €-8k | €-1k | €-14k | ▼ 801% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €6k | €131k | €103k | €58k | ▼ 43.3% |
| Fixed assets21/28 | €4k | €2k | €10k | €15k | €12k | ▼ 25.0% |
| Intangible fixed assets21 | €2k | €1k | €10k | €15k | €12k | ▼ 25.0% |
| Tangible fixed assets22/27 | €2k | €1k | - | - | - | - |
| Furniture and vehicles24 | - | €1k | - | - | - | - |
| Current assets29/58 | €8k | €4k | €121k | €87k | €47k | ▼ 46.6% |
| Stocks and contracts in progress3 | - | - | €27k | €35k | €35k | = |
| Stocks30/36 | - | - | €27k | €35k | €35k | = |
| Amounts receivable within one year40/41 | €2k | €372 | €34k | €23k | €631 | ▼ 97.3% |
| Trade receivables40 | - | - | €33k | €15k | - | - |
| Other amounts receivable41 | - | €372 | €705 | €8k | €631 | ▼ 92.4% |
| Cash at bank and in hand54/58 | €6k | €3k | €60k | €29k | €11k | ▼ 62.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €6k | €131k | €103k | €58k | ▼ 43.3% |
| Equity10/15 | €-17k | €-23k | €69k | €67k | €54k | ▼ 20.1% |
| Contributions10/11 | - | €6k | €106k | €106k | €106k | = |
| Profit (loss) carried forward14 | €-23k | €-30k | €-37k | €-39k | €-52k | ▼ 34.7% |
| Amounts payable17/49 | €30k | €29k | €62k | €35k | €4k | ▼ 87.7% |
| Amounts payable within one year42/48 | €30k | €29k | €62k | €34k | €2k | ▼ 92.9% |
| Trade debts44 | €692 | - | €33k | €3k | €607 | ▼ 80.4% |
| Suppliers440/4 | - | - | €33k | €3k | €607 | ▼ 80.4% |
| Taxes, remuneration and social security45 | - | - | - | €494 | €494 | = |
| Taxes450/3 | - | - | - | €494 | €494 | = |
| Other amounts payable47/48 | - | €29k | €29k | €30k | €1k | ▼ 95.7% |
| Accrued charges and deferred income492/3 | - | - | €648 | €2k | €2k | ▲ 24.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-6k | €-8k | €-1k | €-14k | ▼ 801% |
| + Depreciation and write-downs630 | €2k | €2k | €463 | €3k | €4k | ▲ 13.8% |
| Operating cash flow (approximation) | €-2k | €-4k | €-7k | €2k | €-10k | ▼ 613% |
| Investment in fixed assets (approximation) | - | €0 | €-9k | €-8k | €0 | ▲ 100% |
| Change in cash | - | €-3k | €56k | €-31k | €-18k | ▲ 41.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Liquidity times 8current ratio 19.42
Current ratio from 2.58 to 19.42; short-term debt falls from €34k to €2k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity times 15current ratio 1.96
Current ratio from 0.13 to 1.96.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Pelt · 1 establishment unit since 2017
Ground area
8,479 m²
Building footprint
2,863 m²
Volume, LiDAR
18,661 m³
2 parcels, Flanders · tallest building 8.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BESTO
since 20172.270.431.092
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00G143 | Flanders | 6,114 m² | 1 · 2,602 m² | 8.4 m · 3 fl. |
| 72342A0187/02H002 | Flanders | 2,364 m² | 1 · 261 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,235 companies in sector 74140 we hold annual accounts for 353. 289 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
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
74140Other specialised design activities
27402Manufacture of electrical equipment
47552Retail sale of lighting equipment
71112Activities of interior architects
74130Interior design
Scores and ratios are computed by Checked and are not a credit decision.