BEVAFIN
ActiveSummary
BEVAFIN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €110.11M and a net result of €638k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-30
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 73.98 against 31.49 in 2023; short-term debt: 0.8% and cash: 0.7% of total assets), and 0.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
99.1%
Return on assets
0.6%
Age of the figures
21 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
133 d late
2022
93 d late
2021
60 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€638k▼ 87.4%
2023 · €5.06M
2018: €23.08M
2019: €20.00M
2021: €460k
2022: €1.46M
2023: €5.06M
2018 → 2024
Working capital
€68.53M▲ 13.6%
2023 · €60.31M
2018: €45.27M
2019: €52.02M
2021: €75.10M
2022: €75.98M
2023: €60.31M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€102.95M€104.41M▲ 1.4%€109.47M▲ 4.8%€110.11M▲ 0.6%
Operating result€-3.65M€-975k▲ 73.3%€-477k▲ 51.1%€-1.44M▼ 201%
Net result€460k€1.46M▲ 218%€5.06M▲ 246%€638k▼ 87.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.44M in 2024 against €477k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111.07M
Fixed assets
€41.60M ▼ 15.5%
Current assets
€69.46M ▲ 11.5%
Equity and liabilities €111.07M
Equity
€110.11M ▲ 0.6%
Debt
€955k ▼ 52.7%
Debt's share of the balance-sheet total falls from 1.8% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-408k▼
2023 · €569k
Cash flow
€1.67M▼
2023 · €6.11M
Current ratio
73.98▲
2023 · 31.49
Debt to equity
0.01▼
2023 · 0.02
ROE
0.6%▼
2023 · 4.6%
ROA
0.6%▼
2023 · 4.5%
Interest coverage
-0.10▲
2023 · -5.09
Debt ≤ 1 year
€939k▼
2023 · €1.98M
Income taxes
€154k▲
2023 · €146k
Staff costs
€128k
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 · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€111.49M€111.07M▼
Fixed assets21/28€49.21M€41.60M▼
Tangible fixed assets22/27€19.94M€18.13M▼
Land and buildings22€17.91M€16.06M▼
Furniture and vehicles24€126k€91k▼
Other tangible fixed assets26€1.90M€1.97M▲
Financial fixed assets28€29.27M€23.48M▼
Current assets29/58€62.29M€69.46M▲
Amounts receivable after more than one year29€20.48M€47.53M▲
Other amounts receivable291€20.48M€47.53M▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€13.19M€236k▼
Trade receivables40€29k€49k▲
Other amounts receivable41€13.16M€187k▼
Current investments50/53€27.89M€20.88M▼
Cash at bank and in hand54/58€675k€745k▲
Deferred charges and accrued income490/1€51k€73k▲
Equity and liabilities
Total equity and liabilities10/49€111.49M€111.07M▼
Equity10/15€109.47M€110.11M▲
Contributions10/11€91k€91k=
Reserves13€431€431=
Tax-exempt reserves132€431€431=
Profit (loss) carried forward14€109.38M€110.02M▲
Amounts payable17/49€2.02M€955k▼
Amounts payable after more than one year17€6k-
Other amounts payable178/9€6k-
Amounts payable within one year42/48€1.98M€939k▼
Financial debts43€7k€16k▲
Credit institutions430/8€7k€16k▲
Trade debts44€242k€222k▼
Suppliers440/4€242k€222k▼
Taxes, remuneration and social security45€1.11M€33k▼
Taxes450/3€1.11M€12k▼
Remuneration and social security454/9-€21k
Other amounts payable47/48€619k€668k▲
Accrued charges and deferred income492/3€36k€16k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€128k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.05M€1.03M▼
Other operating charges640/8€50k€81k▲
Non-recurring operating charges66A€963€614▼
Gross operating margin9900€620k€-198k▼
Operating profit (loss)9901€-477k€-1.44M▼
Financial income75/76B€6.50M€6.37M▼
Recurring financial income75€6.50M€6.37M▼
Financial charges65/66B€813k€4.15M▲
Recurring financial charges65€-112k€4.15M▲
Non-recurring financial charges66B€925k-
Profit (loss) for the period before taxes9903€5.21M€792k▼
Income taxes67/77€146k€154k▲
Profit (loss) for the period9904€5.06M€638k▼
Profit (loss) for the period to be appropriated9905€5.06M€638k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109.38M€110.02M▲
Profit (loss) brought forward from the previous period14P€104.32M€109.38M▲
Social balance
Average headcount (FTE)9087-127,926.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 73.98
Current ratio from 31.49 to 73.98; short-term debt falls from €1.98M to €939k.
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 133 days late
2023
01-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 93 days late
29-06
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
14-04
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
14-04
State Gazette act
Board meeting · General meeting
Power of attorney · Permanent representative
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet €460k ▼97.7%
Net result drops to €460k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
23-06
State Gazette act
Board meeting · Director resignation
Director appointment · Power of attorney
23-06
State Gazette act
Director resignation · Director appointment
Power of attorney · Permanent representative
Show earlier events
14-05
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
14-05
State Gazette act
Board meeting · Power of attorney
Permanent representative
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
10-11
State Gazette act
Board meeting · Power of attorney
Permanent representative
10-11
State Gazette act
Board meeting · Permanent representative
Power of attorney
2019
31-12
Financial
Liquidity times 5current ratio 110.25
Current ratio from 20.35 to 110.25; short-term debt falls from €2.34M to €476k.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
19-02
State Gazette act
Board meeting · Power of attorney
Permanent representative · Power-of-attorney revocation
19-02
State Gazette act
Board meeting · Permanent representative
Power of attorney
2018
20-09
State Gazette act
Board meeting · Power of attorney
Permanent representative
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
07-12
State Gazette act
Board meeting · Accounting effect
Permanent representative · Power of attorney
07-12
State Gazette act
Board meeting · Power of attorney
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
05-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
05-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
2015
28-04
State Gazette act
Board meeting · Power of attorney
Permanent representative
28-04
State Gazette act
Board meeting · Corporate act
Permanent representative · Power of attorney
2014
10-03
State Gazette act
Board meeting · Permanent representative
Power of attorney
10-03
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Elsene · 1 establishment unit since 2004
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.
Louizalaan 3971050 ElseneGround area
440 m²
Building footprint
151 m²
Volume, LiDAR
5,743 m³
Parcel 21807G0211/00A013, Brussels · tallest building 42.6 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
BAVAFIN
since 20042.144.883.992
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00A013 | Brussels | 440 m² | 1 · 151 m² | 42.6 m · 13 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.
Structure & network
Connections & network
11 connected companiesLinked via shared directors
Shared director
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Show 7 more companies with a shared director
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
4 locations
Recognitions · licences · registrations
Legal Entity Identifier
549300IULHV08L8UYN06
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DE POPULIER
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VEHO
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 1,045 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
Founded08-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
66199Other activities auxiliary to financial services, excluding insurance and pension funding
69109Other legal services
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.