Beto
ActiveBeto has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.26M and a net result of €17k. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 9690 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
74
/ 100
Healthy▲ +44 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▲+7
Solvency80▲+4
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.15 in 2023), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54%
Return on assets
0.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-04-2025, 98 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
98 d early
2023
51 d early
2022
98 d early
2021
58 d early
2020
38 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.26M▲ 1.3%
2023 · €1.24M
2018: €2.29M
2019: €2.08M
2020: €2.14M
2021: €2.15M
2022: €2.15M
2023: €1.24M
2018 → 2024
Total assets
€2.33M▼ 6.2%
2023 · €2.49M
2018: €3.03M
2019: €2.80M
2020: €2.54M
2021: €2.39M
2022: €2.52M
2023: €2.49M
2018 → 2024
Net result
€17k
2023 · €-12k
2018: €30k
2019: €12k
2020: €58k
2021: €10k
2022: €5k
2023: €-12k
2018 → 2024
Working capital
€94k▲ 12.5%
2023 · €84k
2018: €434k
2019: €230k
2020: €252k
2021: €266k
2022: €312k
2023: €84k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.14M-€2.15M▲ 0.4%€2.15M▲ 0.2%€1.24M▼ 42.4%€1.26M▲ 1.3%
Operating result€62k-€19k▼ 69.4%€13k▼ 29.7%€10k▼ 21.7%€48k▲ 361%
Net result€58k-€10k▼ 83.6%€5k▼ 46.2%€-12k€17k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 361% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.33M
Fixed assets
€1.84M▼ 0.1%
Current assets
€487k▼ 23.8%
Equity and liabilities €2.33M
Equity
€1.26M▲ 1.3%
Debt
€1.07M▼ 13.7%
The debt ratio falls from 50.0% to 46.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€51k▲
2023 · €13k
Cash flow
€19k▲
2023 · €-10k
Solvency
54.0%▲
2023 · 50.0%
Current ratio
1.24▲
2023 · 1.15
Quick ratio
0.17▲
2023 · 0.13
Debt / equity
0.85▼
2023 · 1.00
ROE
1.3%▲
2023 · -1.0%
ROA
0.7%▲
2023 · -0.5%
Interest coverage
1.71▲
2023 · 0.56
Debt
€1.07M▼
2023 · €1.24M
Debt ≤ 1 year
€393k▼
2023 · €556k
Debt > 1 year
€666k=
2023 · €666k
Income taxes
€2k▲
2023 · €0
Staff costs
€148k▼
2023 · €168k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.49M€2.33M▼
Fixed assets21/28€1.85M€1.84M▼
Tangible fixed assets22/27€271k€269k▼
Land and buildings22€271k€269k▼
Financial fixed assets28€1.58M€1.58M=
Current assets29/58€639k€487k▼
Stocks and contracts in progress3€567k€420k▼
Stocks30/36€567k€420k▼
Amounts receivable within one year40/41€66k€66k▼
Trade receivables40€66k€63k▼
Other amounts receivable41€344€3k▲
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€2k€895▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.33M▼
Equity10/15€1.24M€1.26M▲
Contributions10/11€1.08M€1.08M=
Reserves13€162k€179k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€21k€21k=
Distributable reserves133€141k€158k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.24M€1.07M▼
Amounts payable after more than one year17€666k€666k=
Financial debts170/4€666k€666k=
Amounts payable within one year42/48€556k€393k▼
Current portion of amounts payable after more than one year42€200k€150k▼
Trade debts44€735€703▼
Suppliers440/4€735€703▼
Taxes, remuneration and social security45€19k€22k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€16k€20k▲
Other amounts payable47/48€336k€220k▼
Accrued charges and deferred income492/3€22k€13k▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€168k€148k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€182k€200k▲
Operating profit (loss)9901€10k€48k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€23k€30k▲
Recurring financial charges65€23k€30k▲
Profit (loss) for the period before taxes9903€-12k€19k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-12k€17k▲
Profit (loss) for the period to be appropriated9905€-12k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€17k▲
Transfer from equity791/2€124k€0▼
Transfer to equity691/2€0€17k▲
To other reserves6921€0€17k▲
Profit to be distributed694/7€112k€0▼
Return on contributions (dividend)694€112k€0▼
Social balance
Average headcount (FTE)90873.32.4▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-12k ▼340%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €58k ▲387%
Operating result €62k, net result €58k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Torhout · 1 establishment unit since 1979
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.
Ambachtstraat 38820 TorhoutGround area
5,298 m²
Building footprint
495 m²
Volume, LiDAR
2,217 m³
Parcel 31522B0446/00H000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ambachtstraat 3, 8820 Torhout
since 19792.016.301.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0446/00H000 | Flanders | 5,298 m² | 1 · 495 m² | 7.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 740 EUR awarded · 740 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 62 EUR | 62 EUR |
| 2022 | 1 | 678 EUR | 678 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesBeto BV20299
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Of 3,987 companies in sector 43310 we hold annual accounts for 1,737. 567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-1979
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
45211
68110Buying and selling of own real estate
41001General construction of residential buildings
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.