Beta
ActiveSummary
Beta has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €519k and a net result of €-51k. Equity is shrinking by ~6.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-7
Solvency61▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.82 in 2024; short-term debt: 18.5% and cash: 2.4% of total assets), and 63.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-51k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
3 d early
2023
on the day
2022
6 d early
2021
25 d early
2020
38 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€519k▼ 9.0%
2024 · €570k
2019: €765khighest in 7 years
2020: €739k▼ -3.4% vs 2019
2021: €683k▼ -7.6% vs 2020
2022: €625k▼ -8.4% vs 2021
2023: €590k▼ -5.5% vs 2022
2024: €570k▼ -3.4% vs 2023
2025: €519k▼ -9.0% vs 2024lowest in 7 years
2019 → 2025
Total assets
€1.43M▼ 6.1%
2024 · €1.52M
2019: €2.00Mhighest in 7 years
2020: €1.92M▼ -4.2% vs 2019
2021: €1.84M▼ -4.0% vs 2020
2022: €1.76M▼ -4.2% vs 2021
2023: €1.63M▼ -7.3% vs 2022
2024: €1.52M▼ -6.8% vs 2023
2025: €1.43M▼ -6.1% vs 2024lowest in 7 years
2019 → 2025
Net result
€-51k▼ 152%
2024 · €-20k
2019: €-26k
2020: €-26k▲ +0.2% vs 2019
2021: €-56k▼ -118% vs 2020
2022: €-58k▼ -2.1% vs 2021lowest in 7 years
2023: €-35k▲ +40.1% vs 2022
2024: €-20k▲ +41.3% vs 2023highest in 7 years
2025: €-51k▼ -152% vs 2024
2019 → 2025
Working capital
€-130k▼ 241%
2024 · €-38k
2019: €-103k
2020: €-61k▲ +41.0% vs 2019
2021: €14k▲ +123% vs 2020highest in 7 years
2022: €-19k▼ -237% vs 2021
2023: €-34k▼ -74.2% vs 2022
2024: €-38k▼ -14.0% vs 2023
2025: €-130k▼ -241% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€683k-€625k▼ 8.4%€590k▼ 5.5%€570k▼ 3.4%€519k▼ 9.0%
2021: €683khighest in 5 years
2022: €625k▼ -8.4% vs 2021
2023: €590k▼ -5.5% vs 2022
2024: €570k▼ -3.4% vs 2023
2025: €519k▼ -9.0% vs 2024lowest in 5 years
Operating result€-6k-€-8k▼ 28.0%€13k€25k▲ 97.9%€-12k
2021: €-6k
2022: €-8k▼ -28.0% vs 2021
2023: €13k▲ +268% vs 2022
2024: €25k▲ +97.9% vs 2023highest in 5 years
2025: €-12k▼ -149% vs 2024lowest in 5 years
Net result€-56k-€-58k▼ 2.1%€-35k▲ 40.1%€-20k▲ 41.3%€-51k▼ 152%
2021: €-56k
2022: €-58k▼ -2.1% vs 2021lowest in 5 years
2023: €-35k▲ +40.1% vs 2022
2024: €-20k▲ +41.3% vs 2023highest in 5 years
2025: €-51k▼ -152% vs 2024
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 2025: a loss of €12k after €25k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.29M ▼ 4.3%
Current assets
€135k ▼ 20.2%
Equity and liabilities €1.43M
Equity
€519k ▼ 9.0%
Debt
€911k ▼ 4.3%
Debt's share of the balance-sheet total rises from 62.5% to 63.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€101k▼
2024 · €135k
Cash flow
€62k▼
2024 · €90k
Current ratio
0.51▼
2024 · 0.82
Debt to equity
1.76▲
2024 · 1.67
ROE
-9.9%▼
2024 · -3.6%
ROA
-3.6%▼
2024 · -1.3%
Interest coverage
2.61▼
2024 · 3.13
Debt ≤ 1 year
€265k▲
2024 · €208k
Debt > 1 year
€646k▼
2024 · €745k
Income taxes
€0▼
2024 · €2k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.43M▼
Fixed assets21/28€1.35M€1.29M▼
Tangible fixed assets22/27€1.35M€1.29M▼
Land and buildings22€1.35M€1.29M▼
Current assets29/58€169k€135k▼
Cash at bank and in hand54/58€60k€34k▼
Deferred charges and accrued income490/1€109k€101k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.43M▼
Equity10/15€570k€519k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€1.53M€1.53M=
Reserves13€86k€86k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€79k€79k=
Profit (loss) carried forward14€-1.11M€-1.16M▼
Amounts payable17/49€952k€911k▼
Amounts payable after more than one year17€745k€646k▼
Financial debts170/4€745k€646k▼
Amounts payable within one year42/48€208k€265k▲
Current portion of amounts payable after more than one year42€94k€99k▲
Trade debts44€17k€22k▲
Suppliers440/4€17k€22k▲
Taxes, remuneration and social security45€2k€0▼
Taxes450/3€2k€0▼
Other amounts payable47/48€94k€144k▲
Accrued charges and deferred income492/3€80€80=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€114k▲
Other operating charges640/8€23k€24k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€158k€131k▼
Operating profit (loss)9901€25k€-12k▼
Financial charges65/66B€43k€39k▼
Recurring financial charges65€43k€39k▼
Profit (loss) for the period before taxes9903€-18k€-51k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€-20k€-51k▼
Profit (loss) for the period to be appropriated9905€-20k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.11M€-1.16M▼
Profit (loss) brought forward from the previous period14P€-1.09M€-1.11M▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €110k | €110k | €110k | €110k | €114k | ▲ 3.4% |
| Other operating charges640/8 | - | €20k | €22k | €23k | €24k | ▲ 4.1% |
| Non-recurring operating charges66A | - | - | - | - | €7k | - |
| Gross operating margin9900 | €123k | €122k | €144k | €158k | €131k | ▼ 16.7% |
| Operating profit (loss)9901 | €-6k | €-8k | €13k | €25k | €-12k | ▼ 149% |
| Financial charges65/66B | - | €50k | €47k | €43k | €39k | ▼ 10.1% |
| Recurring financial charges65 | €50k | €50k | €47k | €43k | €39k | ▼ 10.1% |
| Profit (loss) for the period before taxes9903 | €-56k | €-58k | €-35k | €-18k | €-51k | ▼ 187% |
| Income taxes67/77 | - | - | - | €2k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €-56k | €-58k | €-35k | €-20k | €-51k | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €-56k | €-58k | €-35k | €-20k | €-51k | ▼ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.84M | €1.76M | €1.63M | €1.52M | €1.43M | ▼ 6.1% |
| Fixed assets21/28 | €1.68M | €1.57M | €1.46M | €1.35M | €1.29M | ▼ 4.3% |
| Tangible fixed assets22/27 | €1.68M | €1.57M | €1.46M | €1.35M | €1.29M | ▼ 4.3% |
| Land and buildings22 | - | €1.57M | €1.46M | €1.35M | €1.29M | ▼ 4.3% |
| Current assets29/58 | €158k | €190k | €171k | €169k | €135k | ▼ 20.2% |
| Cash at bank and in hand54/58 | €15k | €72k | €69k | €60k | €34k | ▼ 43.2% |
| Deferred charges and accrued income490/1 | - | €118k | €102k | €109k | €101k | ▼ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.84M | €1.76M | €1.63M | €1.52M | €1.43M | ▼ 6.1% |
| Equity10/15 | €683k | €625k | €590k | €570k | €519k | ▼ 9.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | €1.53M | €1.53M | €1.53M | €1.53M | = |
| Reserves13 | €86k | €86k | €86k | €86k | €86k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €79k | €79k | €79k | €79k | = |
| Profit (loss) carried forward14 | €-994k | €-1.05M | €-1.09M | €-1.11M | €-1.16M | ▼ 4.6% |
| Amounts payable17/49 | €1.16M | €1.14M | €1.04M | €952k | €911k | ▼ 4.3% |
| Amounts payable after more than one year17 | €1.01M | €929k | €839k | €745k | €646k | ▼ 13.3% |
| Financial debts170/4 | - | €929k | €839k | €745k | €646k | ▼ 13.3% |
| Amounts payable within one year42/48 | €144k | €209k | €204k | €208k | €265k | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | - | €86k | €90k | €94k | €99k | ▲ 4.9% |
| Trade debts44 | €19k | €20k | €21k | €17k | €22k | ▲ 31.7% |
| Suppliers440/4 | - | €20k | €21k | €17k | €22k | ▲ 31.7% |
| Taxes, remuneration and social security45 | - | - | - | €2k | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €104k | €94k | €94k | €144k | ▲ 53.4% |
| Accrued charges and deferred income492/3 | - | €80 | €80 | €80 | €80 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-56k | €-58k | €-35k | €-20k | €-51k | ▼ 152% |
| + Depreciation and write-downs630 | €110k | €110k | €110k | €110k | €114k | ▲ 3.4% |
| Operating cash flow (approximation) | €54k | €52k | €75k | €90k | €62k | ▼ 30.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-56k | - |
| Change in cash | - | €58k | €-3k | €-9k | €-26k | ▼ 206% |
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
Next filing, fiscal year 2026, expected by
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-12
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 6 acts read
About the unread acts
We know of 6 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
6 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, Lier · 1 establishment unit since 1984
Ground area
707 m²
Building footprint
258 m²
Volume, LiDAR
2,304 m³
Parcel 12021K0066/00K000, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Eikelstraat 19, 2500 Lier
since 19842.025.436.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021K0066/00K000 | Flanders | 706 m² | 1 · 258 m² | 13.4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPublic limited company
Founded27-07-1984
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.