BETESCO
ActiveBETESCO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €-8k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 265 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-2
Solvency26▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.03 in 2024; short-term debt: 98.5% and cash: 2.5% of total assets), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 265 sector peers (2025).
NBB · sector comparisonPosition among 265 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
1 d early
2023
40 d early
2022
95 d early
2021
64 d early
2020
91 d early
2019
97 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€44k▼ 15.9%
2024 · €53k
2018: €17k
2019: €31k
2020: €31k
2021: €32k
2022: €37k
2023: €43k
2024: €53k
2018 → 2025
Total assets
€2.98M▲ 82.4%
2024 · €1.64M
2018: €1.06M
2019: €1.39M
2020: €1.92M
2021: €2.30M
2022: €2.56M
2023: €2.28M
2024: €1.64M
2018 → 2025
Net result
€-8k
2024 · €10k
2018: €18k
2019: €14k
2020: €-391
2021: €1k
2022: €5k
2023: €5k
2024: €10k
2018 → 2025
Working capital
€44k▼ 15.9%
2024 · €53k
2018: €17k
2019: €31k
2020: €31k
2021: €32k
2022: €38k
2023: €44k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€37k▲ 17.1%€43k▲ 14.7%€53k▲ 22.9%€44k▼ 15.9%
Operating result€12k-€16k▲ 38.6%€19k▲ 15.5%€23k▲ 24.7%€-2k
Net result€1k-€5k▲ 274%€5k▲ 0.3%€10k▲ 79.2%€-8k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.98M
Equity
€44k▼ 15.9%
Debt
€2.94M▲ 85.6%
The debt ratio rises from 96.8% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
1.5%▼
2024 · 3.2%
Current ratio
1.02▼
2024 · 1.03
Quick ratio
1.02▼
2024 · 1.03
Debt / equity
66.15▲
2024 · 29.96
ROE
-18.9%▼
2024 · 18.7%
ROA
-0.3%▼
2024 · 0.6%
Debt
€2.94M▲
2024 · €1.58M
Debt ≤ 1 year
€2.94M▲
2024 · €1.58M
Income taxes
€2k▼
2024 · €8k
Staff costs
€1.30M=
2024 · €1.30M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€2.98M▲
Current assets29/58€1.64M€2.98M▲
Amounts receivable within one year40/41€1.59M€2.91M▲
Trade receivables40€1.45M€2.73M▲
Other amounts receivable41€133k€176k▲
Cash at bank and in hand54/58€44k€73k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.64M€2.98M▲
Equity10/15€53k€44k▼
Contributions10/11€25k€25k=
Reserves13€28k€19k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€25k€17k▼
Amounts payable17/49€1.58M€2.94M▲
Amounts payable within one year42/48€1.58M€2.94M▲
Financial debts43€63k€57k▼
Credit institutions430/8€63k€57k▼
Trade debts44€1.36M€2.59M▲
Suppliers440/4€1.36M€2.59M▲
Taxes, remuneration and social security45€132k€143k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€130k€141k▲
Other amounts payable47/48€32k€148k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€1.30M€1.30M=
Other operating charges640/8€197€208▲
Gross operating margin9900€1.32M€1.30M▼
Operating profit (loss)9901€23k€-2k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€18k€-7k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€10k€-8k▼
Profit (loss) for the period to be appropriated9905€10k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-8k▼
Transfer from equity791/2-€8k
Transfer to equity691/2€10k€0▼
To other reserves6921€10k€0▼
Social balance
Average headcount (FTE)908719.517.7▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-8k ▼185%
Net result drops to €-8k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
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.
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, Waregem · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lindestraat 978790 WaregemGround area
6,425 m²
Building footprint
1,675 m²
Volume, LiDAR
14,570 m³
Parcel 34040C0001/00R000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BETESCO
since 20092.177.962.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0001/00R000 | Flanders | 6,425 m² | 1 · 1,675 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
C.S. Belgium
BE 0730.794.634
Dilbeek · Eq €44k
NORDAL
BE 0466.271.476
Bree · Eq €47k
BETON DE CLERCQ
BE 0633.738.315
Brugge · Eq €47k
BETON MANS
BE 0686.634.195
Hasselt · Eq €47k
STIERO BETON
BE 1012.811.345
Oudsbergen · Eq €48k
Of 400 companies in sector 23610 we hold annual accounts for 315. 102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-04-2009
Fiscal year end30-09
Activities, NACEBEL
23610Manufacture of other non-metallic mineral products
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.