BETSVELD
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00031555.
Annual accounts 2025 filed on 02-02-2026 PDF all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,970, larger than the loss of €739 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €370 | €484 | €787 | ▲ 62.5% |
| Gross operating margin9900 | -€42,391 | -€713 | -€1,123 | -€255 | -€1,183 | ▼ 364% |
| Operating profit (loss)9901 | -€43,386 | -€1,061 | -€1,493 | -€739 | -€1,970 | ▼ 166% |
| Financial charges65/66B | - | €144 | €186 | €437 | €549 | ▲ 25.6% |
| Recurring financial charges65 | €65 | €144 | €186 | €437 | €549 | ▲ 25.6% |
| Profit (loss) for the period before taxes9903 | -€43,451 | -€1,205 | -€1,679 | -€1,177 | -€2,520 | ▼ 114% |
| Profit (loss) for the period9904 | -€43,451 | -€1,205 | -€1,679 | -€1,177 | -€2,520 | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | -€43,451 | -€1,205 | -€1,679 | -€1,177 | -€2,520 | ▼ 114% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,336 | €4,198 | €3,854 | €2,938 | €301 | ▼ 89.7% |
| Current assets29/58 | €8,336 | €4,198 | €3,854 | €2,938 | €301 | ▼ 89.7% |
| Amounts receivable within one year40/41 | €8,268 | €4,183 | €3,854 | €2,938 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €4,183 | €3,854 | €2,938 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €68 | €14 | €0 | - | €301 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,336 | €4,198 | €3,854 | €2,938 | €301 | ▼ 89.7% |
| Equity10/15 | €3,889 | €2,683 | €1,005 | -€172 | -€2,691 | ▼ 1,467% |
| Contributions10/11 | - | €47,339 | €47,339 | €47,339 | €47,339 | = |
| Profit (loss) carried forward14 | -€43,451 | -€44,656 | -€46,335 | -€47,511 | -€50,031 | ▼ 5.3% |
| Amounts payable17/49 | €4,447 | €1,514 | €2,849 | €3,110 | €2,993 | ▼ 3.8% |
| Amounts payable within one year42/48 | €4,447 | €1,514 | €2,849 | €3,110 | €2,593 | ▼ 16.6% |
| Financial debts43 | - | - | - | €6 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €6 | €0 | ▼ 100% |
| Trade debts44 | €932 | €1,514 | €2,849 | €3,104 | €1,359 | ▼ 56.2% |
| Suppliers440/4 | - | €1,514 | €2,849 | €3,104 | €1,359 | ▼ 56.2% |
| Other amounts payable47/48 | - | - | - | - | €1,234 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,451 | -€1,205 | -€1,679 | -€1,177 | -€2,520 | ▼ 114% |
| Operating cash flow (approximation) | -€43,451 | -€1,205 | -€1,679 | -€1,177 | -€2,520 | ▼ 114% |
| Change in cash | - | -€54 | -€14 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as BETSVELD has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BETSVELD itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for BETSVELD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00031555 | |
| 30-06-2024 | micro format | 21-02-2025 | 2025-00037391 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00016738 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00022605 | |
| 30-06-2021 | micro format | 30-01-2022 | 2022-04500531 |