BETOWEST
ActiveSummary
BETOWEST has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €481k and a net result of €47k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+20
Solvency58▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 2.98 in 2024; short-term debt: 51% and cash: 3.2% of total assets), but 67.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.7%
Return on assets
3.2%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-04-2026, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
112 d early
2024
85 d early
2023
54 d early
2022
76 d early
2021
95 d early
2020
94 d early
2019
94 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€481k▲ 10.7%
2024 · €435k
2018: €114k
2019: €150k
2020: €301k
2021: €357k
2022: €351k
2023: €402k
2024: €435k
2018 → 2025
Total assets
€1.47M▲ 3.4%
2024 · €1.42M
2018: €1.56M
2019: €1.39M
2020: €1.32M
2021: €1.42M
2022: €1.55M
2023: €1.41M
2024: €1.42M
2018 → 2025
Net result
€47k▲ 44.0%
2024 · €32k
2018: €-98k
2019: €35k
2020: €151k
2021: €56k
2022: €-6k
2023: €51k
2024: €32k
2018 → 2025
Working capital
€584k▼ 29.6%
2024 · €830k
2018: €368k
2019: €567k
2020: €459k
2021: €399k
2022: €782k
2023: €687k
2024: €830k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€357k-€351k▼ 1.6%€402k▲ 14.5%€435k▲ 8.1%€481k▲ 10.7%
Operating result€67k-€6k▼ 91.2%€83k▲ 1,324%€83k▼ 1.0%€85k▲ 3.3%
Net result€56k-€-6k€51k€32k▼ 36.4%€47k▲ 44.0%
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 2025; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€137k ▼ 20.9%
Current assets
€1.33M ▲ 6.8%
Equity and liabilities €1.47M
Equity
€481k ▲ 10.7%
Debt
€991k ▲ 0.2%
Debt's share of the balance-sheet total falls from 69.5% to 67.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€170k▲
2024 · €167k
Cash flow
€131k▲
2024 · €116k
Current ratio
1.78▼
2024 · 2.98
Quick ratio
1.70▼
2024 · 2.59
Debt to equity
2.06▼
2024 · 2.27
ROE
9.7%▲
2024 · 7.5%
ROA
3.2%▲
2024 · 2.3%
Interest coverage
8.41▲
2024 · 3.77
Debt ≤ 1 year
€750k▲
2024 · €420k
Debt > 1 year
€240k▼
2024 · €568k
Income taxes
€19k▲
2024 · €7k
Staff costs
€728k▲
2024 · €707k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.42M€1.47M▲
Fixed assets21/28€173k€137k▼
Intangible fixed assets21€44k€643▼
Tangible fixed assets22/27€123k€130k▲
Plant, machinery and equipment23€34k€32k▼
Furniture and vehicles24€68k€83k▲
Leasing and similar rights25€19k€14k▼
Other tangible fixed assets26€1k€36▼
Financial fixed assets28€7k€7k=
Current assets29/58€1.25M€1.33M▲
Stocks and contracts in progress3€164k€61k▼
Stocks30/36€164k€61k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€1.05M€1.22M▲
Trade receivables40€895k€1.04M▲
Other amounts receivable41€159k€178k▲
Cash at bank and in hand54/58€32k€47k▲
Deferred charges and accrued income490/1€1k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.47M▲
Equity10/15€435k€481k▲
Contributions10/11€400k€400k=
Reserves13€35k€81k▲
Distributable reserves133€35k€81k▲
Amounts payable17/49€988k€991k▲
Amounts payable after more than one year17€568k€240k▼
Financial debts170/4€356k€75k▼
Other amounts payable178/9€212k€165k▼
Amounts payable within one year42/48€420k€750k▲
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€313k€599k▲
Suppliers440/4€313k€599k▲
Taxes, remuneration and social security45€98k€146k▲
Taxes450/3€12k€33k▲
Remuneration and social security454/9€86k€113k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Remuneration, social security and pensions62€707k€728k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€85k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€878k€901k▲
Operating profit (loss)9901€83k€85k▲
Financial income75/76B€546€897▲
Recurring financial income75€546€897▲
Financial charges65/66B€44k€20k▼
Recurring financial charges65€44k€20k▼
Profit (loss) for the period before taxes9903€39k€66k▲
Income taxes67/77€7k€19k▲
Profit (loss) for the period9904€32k€47k▲
Profit (loss) for the period to be appropriated9905€32k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€47k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€32k€47k▲
To other reserves6921€32k€47k▲
Social balance
Average headcount (FTE)908710.010.3▲
The notes to these accounts (21 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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €151k ▲327%
Operating result €159k, net result €151k, both a record.
31-12
Financial
Equity above €200kEq €301k ▲101%
2 profitable years in a row build equity to €301k.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
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, Menen · 1 establishment unit since 2011
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.
Bramier 48930 MenenGround area
5,109 m²
Building footprint
1,260 m²
Parcel 34024B0615/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
BETOWEST
since 20112.203.228.405
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024B0615/00A000 | Flanders | 5,109 m² | 1 · 1,260 m² | - |
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 2025 · 4 entries · 1,722 EUR awarded · 1,590 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 116 EUR | 116 EUR |
| 2024 | 1 | 624 EUR | 546 EUR |
| 2023 | 1 | 233 EUR | 179 EUR |
| 2022 | 1 | 749 EUR | 749 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
10 categoriesBETOWEST BV37508
Similar companies · same sector, comparable size
VAN OVERVELD
BE 0466.512.788
Kalmthout · Eq €481,354
LithA
BE 0841.704.038
Elsene · Eq €481,962
DE WAELE SOLUTIONS
BE 0782.281.640
Oostkamp · Eq €480,591
AD.CI
BE 0438.531.654
Sint-Joost-ten-Node · Eq €482,262
PMC-CONSTRUCT
BE 0449.898.371
Antwerpen · Eq €482,440
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,639 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.