BETRACON
ActiveBETRACON has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €67k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+9
Solvency62▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.48 in 2024; short-term debt: 20.7% and cash: 2.6% of total assets), and 63.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
36.6%
Return on assets
2.1%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
58 d early
2023
56 d early
2022
19 d early
2021
60 d early
2020
50 d early
2019
52 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.14M▲ 6.1%
2024 · €1.08M
2018: €336k
2019: €510k
2020: €660k
2021: €766k
2022: €830k
2023: €1.05M
2024: €1.08M
2018 → 2025
Total assets
€3.12M▲ 2.9%
2024 · €3.03M
2018: €1.36M
2019: €1.40M
2020: €1.61M
2021: €1.90M
2022: €2.85M
2023: €2.97M
2024: €3.03M
2018 → 2025
Net result
€67k▲ 113%
2024 · €31k
2018: €67k
2019: €175k
2020: €150k
2021: €107k
2022: €118k
2023: €217k
2024: €31k
2018 → 2025
Working capital
€-439k▼ 14.0%
2024 · €-386k
2018: €70k
2019: €-40k
2020: €24k
2021: €-98k
2022: €-309k
2023: €-410k
2024: €-386k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€766k-€830k▲ 8.4%€1.05M▲ 26.1%€1.08M▲ 2.9%€1.14M▲ 6.1%
Operating result€156k-€167k▲ 7.2%€331k▲ 97.9%€127k▼ 61.6%€146k▲ 14.6%
Net result€107k-€118k▲ 10.0%€217k▲ 84.6%€31k▼ 85.6%€67k▲ 113%
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 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.12M
Fixed assets
€2.91M▲ 8.8%
Current assets
€205k▼ 41.7%
Equity and liabilities €3.12M
Equity
€1.14M▲ 6.1%
Debt
€1.98M▲ 1.2%
The debt ratio falls from 64.4% to 63.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€351k▲
2024 · €306k
Cash flow
€271k▲
2024 · €210k
Solvency
36.6%▲
2024 · 35.6%
Current ratio
0.32▼
2024 · 0.48
Quick ratio
0.27▼
2024 · 0.43
Debt / equity
1.73▼
2024 · 1.81
ROE
5.8%▲
2024 · 2.9%
ROA
2.1%▲
2024 · 1.0%
Interest coverage
6.84▲
2024 · 5.01
Debt
€1.98M▲
2024 · €1.95M
Debt ≤ 1 year
€645k▼
2024 · €738k
Debt > 1 year
€1.33M▲
2024 · €1.22M
Income taxes
€28k▼
2024 · €35k
Staff costs
€72k▼
2024 · €75k
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€3.03M€3.12M▲
Fixed assets21/28€2.68M€2.91M▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€2.24M€2.27M▲
Land and buildings22€1.87M€1.91M▲
Plant, machinery and equipment23€21k€18k▼
Furniture and vehicles24€121k€149k▲
Leasing and similar rights25€11k€0▼
Other tangible fixed assets26€212k€193k▼
Financial fixed assets28€439k€644k▲
Current assets29/58€352k€205k▼
Amounts receivable after more than one year29€30k€13k▼
Other amounts receivable291€30k€13k▼
Stocks and contracts in progress3€33k€33k=
Stocks30/36€33k€33k=
Amounts receivable within one year40/41€214k€76k▼
Trade receivables40€192k€42k▼
Other amounts receivable41€22k€33k▲
Cash at bank and in hand54/58€71k€80k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€3.03M€3.12M▲
Equity10/15€1.08M€1.14M▲
Contributions10/11€25k€25k=
Reserves13€1.05M€1.12M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.05M€1.12M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.95M€1.98M▲
Amounts payable after more than one year17€1.22M€1.33M▲
Financial debts170/4€1.10M€1.03M▼
Other amounts payable178/9€120k€300k▲
Amounts payable within one year42/48€738k€645k▼
Current portion of amounts payable after more than one year42€225k€230k▲
Financial debts43€350k€350k=
Credit institutions430/8€350k€350k=
Trade debts44€31k€730▼
Suppliers440/4€31k€730▼
Taxes, remuneration and social security45€105k€26k▼
Taxes450/3€87k€12k▼
Remuneration and social security454/9€17k€14k▼
Other amounts payable47/48€27k€38k▲
Income statement
Code20242025
Non-recurring operating income76A€35k€55k▲
Remuneration, social security and pensions62€75k€72k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178k€205k▲
Other operating charges640/8€8k€16k▲
Non-recurring operating charges66A€172€1▼
Gross operating margin9900€389k€439k▲
Operating profit (loss)9901€127k€146k▲
Financial income75/76B€257€34▼
Recurring financial income75€257€34▼
Financial charges65/66B€61k€51k▼
Recurring financial charges65€61k€51k▼
Profit (loss) for the period before taxes9903€67k€95k▲
Income taxes67/77€35k€28k▼
Profit (loss) for the period9904€31k€67k▲
Profit (loss) for the period to be appropriated9905€31k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€67k▲
Transfer from equity791/2€859€833▼
Transfer to equity691/2€31k€67k▲
To other reserves6921€31k€67k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
Social balance
Average headcount (FTE)90871.00.9▼
The notes to these accounts (27 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €31k ▼85.6%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €217k ▲84.6%
Operating result €331k, net result €217k, both a record.
31-12
Financial
Equity above €1MEq €1.05M ▲26.1%
6 profitable years in a row build equity to €1.05M.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €510k ▲51.8%
2 profitable years in a row build equity to €510k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
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
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, Ledegem · 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.
Kleine Izegemsestraat 38880 LedegemGround area
4,468 m²
Building footprint
283 m²
Volume, LiDAR
1,506 m³
Parcel 36018A0130/00D000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleine Izegemsestraat 3, 8880 Ledegem
since 20112.226.566.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018A0130/00D000 | Flanders | 4,468 m² | 1 · 283 m² | 10.6 m · 2 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
2023 · 1 entry · 357 EUR awarded · 1,022 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 357 EUR | 1,022 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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HYMATEC
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AUTOCENTER MEEUS
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Of 345 companies in sector 47812 we hold annual accounts for 205. 140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2011
Fiscal year end31-12
Activities, NACEBEL
47812Retail trade
82990Other business support services
43990Other specialised construction activities
43999Specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.