BEVEPE
ActiveSummary
BEVEPE has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €450,420. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 50% of 114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-1
Solvency73▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230,000 at 30 days acceptable
Liquidity ample (current ratio 2.32 against 2.45 in 2024; short-term debt: 23.4% and cash: 13.6% of total assets), but 52.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← 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
47.5%
Return on assets
7.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
1 d early
2021
3 d late
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 oldest company in West Flanders, Chemicals sector
Equity
€3.0m▲ 16.9%
2024 · €2.5m
Total assets
€6.2m▲ 4.5%
2024 · €6.0m
Net result
€450,420▼ 9.8%
2024 · €499,149
Working capital
€1.9m▲ 5.1%
2024 · €1.8m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€863,288▲ 79.2%€411,945▼ 52.3%€35,674▼ 91.3%€694,909▲ 1,848%€644,284▼ 7.3%
Net result€694,140above the sector's middle half▲ 77.9%€316,630above the sector's middle half▼ 54.4%-€25,643below the sector's middle half€499,149above the sector's middle half€450,420above the sector's middle half▼ 9.8%
Equity€1.9mabove the sector's middle half▲ 28.6%€2.1mabove the sector's middle half▲ 10.3%€2.1mabove the sector's middle half▼ 1.2%€2.5mabove the sector's middle half▲ 23.5%€3.0mabove the sector's middle half▲ 16.9%
Total assets€4.5mabove the sector's middle half▲ 8.4%€5.0mabove the sector's middle half▲ 13.4%€5.7mabove the sector's middle half▲ 13.3%€6.0mabove the sector's middle half▲ 4.6%€6.2mabove the sector's middle half▲ 4.5%
Debt€2.6m▼ 2.9%€3.0m▲ 15.7%€3.7m▲ 23.5%€3.4m▼ 6.0%€3.3m▼ 4.7%
Working capital€1.4mabove the sector's middle half▲ 19.4%€1.3mabove the sector's middle half▼ 4.1%€1.2mwithin the sector's middle half▼ 4.9%€1.8mabove the sector's middle half▲ 47.0%€1.9mabove the sector's middle half▲ 5.1%
Solvency42.4%within the sector's middle half▲ 6.7pp41.3%within the sector's middle half▼ 1.2pp36.0%within the sector's middle half▼ 5.3pp42.5%within the sector's middle half▲ 6.5pp47.5%within the sector's middle half▲ 5.1pp
Current ratio1.82within the sector's middle half▲ 0.101.95within the sector's middle half▲ 0.141.78within the sector's middle half▼ 0.172.45within the sector's middle half▲ 0.672.32within the sector's middle half▼ 0.13
Return on assets (ROA)15.6%above the sector's middle half▲ 6.1pp6.3%within the sector's middle half▼ 9.3pp-0.4%below the sector's middle half▼ 6.7pp8.3%within the sector's middle half▲ 8.8pp7.2%within the sector's middle half▼ 1.1pp
Staff (FTE)11.7within the sector's middle half▼ 25.0%18.7above the sector's middle half▲ 59.8%19.5above the sector's middle half▲ 4.3%19.4above the sector's middle half▼ 0.5%19.1above the sector's middle half▼ 1.5%
above
within
below
the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.2m
Fixed assets
€2.9m ▼ 0.7%
Current assets
€3.4m ▲ 9.3%
Equity and liabilities €6.2m
Equity
€3.0m ▲ 16.9%
Debt
€3.3m ▼ 4.7%
Debt's share of the balance-sheet total falls from 57.5% to 52.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.0m▼
2024 · €1.0m
Cash flow
€810,804▼
2024 · €834,073
Quick ratio
1.40▲
2024 · 1.37
Debt to equity
1.10▼
2024 · 1.35
ROE
15.2%▼
2024 · 19.6%
Interest coverage
12.56▲
2024 · 12.07
Debt ≤ 1 year
€1.5m▲
2024 · €1.3m
Debt > 1 year
€1.8m▼
2024 · €2.2m
Income taxes
€123,159▲
2024 · €112,754
Staff costs
€1.2m▼
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €500 | €3,459 | ▲ 592% |
| Goods, raw materials, services and sundry goods60/61 | - | €4.1m | - | - | - | - |
| Remuneration, social security and pensions62 | - | €982,841 | €1.1m | €1.2m | €1.2m | ▼ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €197,817 | €234,962 | €280,465 | €334,924 | €360,384 | ▲ 7.6% |
| Other operating charges640/8 | - | €25,710 | €21,345 | €24,959 | €43,352 | ▲ 73.7% |
| Non-recurring operating charges66A | - | €700 | €46,848 | €23,748 | €15,612 | ▼ 34.3% |
| Gross operating margin9900 | €1.9m | €1.7m | €1.5m | €2.3m | €2.2m | ▼ 1.7% |
| Operating profit (loss)9901 | €863,288 | €411,945 | €35,674 | €694,909 | €644,284 | ▼ 7.3% |
| Financial income75/76B | - | €5,226 | €2,724 | €2,333 | €9,265 | ▲ 297% |
| Recurring financial income75 | €9,593 | €5,226 | €2,724 | €2,333 | €9,265 | ▲ 297% |
| Financial charges65/66B | - | €50,222 | €63,377 | €85,338 | €79,969 | ▼ 6.3% |
| Recurring financial charges65 | €47,541 | €50,222 | €63,377 | €85,338 | €79,969 | ▼ 6.3% |
| Profit (loss) for the period before taxes9903 | €825,340 | €366,949 | -€24,979 | €611,904 | €573,579 | ▼ 6.3% |
| Income taxes67/77 | €131,200 | €50,320 | €664 | €112,754 | €123,159 | ▲ 9.2% |
| Profit (loss) for the period9904 | €694,140 | €316,630 | -€25,643 | €499,149 | €450,420 | ▼ 9.8% |
| Transfer from tax-exempt reserves789 | - | €40,300 | €0 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €168,400 | €210,500 | ▲ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €715,840 | €356,930 | -€25,643 | €330,749 | €239,920 | ▼ 27.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €5.0m | €5.7m | €6.0m | €6.2m | ▲ 4.5% |
| Fixed assets21/28 | €1.4m | €2.4m | €2.9m | €2.9m | €2.9m | ▼ 0.7% |
| Intangible fixed assets21 | €51,705 | €365,452 | €402,404 | €337,956 | €257,334 | ▼ 23.9% |
| Tangible fixed assets22/27 | €1.3m | €1.9m | €2.4m | €2.5m | €2.6m | ▲ 2.4% |
| Land and buildings22 | - | €1.7m | €2.1m | €2.1m | €1.9m | ▼ 6.3% |
| Plant, machinery and equipment23 | - | €184,679 | €232,249 | €391,400 | €567,036 | ▲ 44.9% |
| Furniture and vehicles24 | - | €5,443 | €4,845 | €32,239 | €30,141 | ▼ 6.5% |
| Leasing and similar rights25 | - | - | - | - | €17,132 | - |
| Assets under construction and advance payments27 | - | - | €62,882 | - | - | - |
| Financial fixed assets28 | €36,126 | €54,401 | €51,803 | €40,672 | €39,834 | ▼ 2.1% |
| Current assets29/58 | €3.0m | €2.7m | €2.9m | €3.1m | €3.4m | ▲ 9.3% |
| Amounts receivable after more than one year29 | - | €223,985 | €217,023 | €217,380 | €571,554 | ▲ 163% |
| Other amounts receivable291 | - | €223,985 | €217,023 | €217,380 | €571,554 | ▲ 163% |
| Stocks and contracts in progress3 | €912,478 | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 1.7% |
| Stocks30/36 | - | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 1.7% |
| Amounts receivable within one year40/41 | €642,478 | €709,719 | €736,342 | €960,197 | €623,531 | ▼ 35.1% |
| Trade receivables40 | - | €670,313 | €637,006 | €740,395 | €599,103 | ▼ 19.1% |
| Other amounts receivable41 | - | €39,406 | €99,336 | €219,801 | €24,428 | ▼ 88.9% |
| Cash at bank and in hand54/58 | €1.3m | €346,018 | €477,104 | €541,954 | €852,339 | ▲ 57.3% |
| Deferred charges and accrued income490/1 | - | €18,765 | €19,180 | €25,175 | €8,219 | ▼ 67.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €5.0m | €5.7m | €6.0m | €6.2m | ▲ 4.5% |
| Equity10/15 | €1.9m | €2.1m | €2.1m | €2.5m | €3.0m | ▲ 16.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1.9m | €2.1m | €2.0m | €2.5m | €3.0m | ▲ 17.1% |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | - | €125,577 | €125,577 | €293,977 | €504,477 | ▲ 71.6% |
| Distributable reserves133 | - | €1.9m | €1.9m | €2.2m | €2.4m | ▲ 9.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €2.6m | €3.0m | €3.7m | €3.4m | €3.3m | ▼ 4.7% |
| Amounts payable after more than one year17 | €870,870 | €1.6m | €2.0m | €2.2m | €1.8m | ▼ 16.5% |
| Financial debts170/4 | - | €1.5m | €1.9m | €2.1m | €1.8m | ▼ 12.7% |
| Other amounts payable178/9 | - | €99,811 | €101,075 | €103,712 | €7,543 | ▼ 92.7% |
| Amounts payable within one year42/48 | €1.7m | €1.4m | €1.6m | €1.3m | €1.5m | ▲ 15.3% |
| Current portion of amounts payable after more than one year42 | - | €297,231 | €327,311 | €344,761 | €372,681 | ▲ 8.1% |
| Financial debts43 | - | €100,000 | €143,310 | €58,863 | €83,474 | ▲ 41.8% |
| Credit institutions430/8 | - | €100,000 | €143,310 | €58,863 | €83,474 | ▲ 41.8% |
| Trade debts44 | €877,951 | €715,906 | €1.0m | €701,114 | €824,717 | ▲ 17.6% |
| Suppliers440/4 | - | €715,906 | €1.0m | €701,114 | €824,717 | ▲ 17.6% |
| Taxes, remuneration and social security45 | - | €144,476 | €125,033 | €147,369 | €160,155 | ▲ 8.7% |
| Taxes450/3 | - | - | €7,009 | €26,904 | €25,915 | ▼ 3.7% |
| Remuneration and social security454/9 | - | €144,476 | €118,024 | €120,465 | €134,240 | ▲ 11.4% |
| Other amounts payable47/48 | - | €124,710 | €2,280 | €17,166 | €22,073 | ▲ 28.6% |
| Accrued charges and deferred income492/3 | - | €151 | €10,309 | €9,960 | €10,380 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €694,140 | €316,630 | -€25,643 | €499,149 | €450,420 | ▼ 9.8% |
| + Depreciation and write-downs630 | €197,817 | €234,962 | €280,465 | €334,924 | €360,384 | ▲ 7.6% |
| Operating cash flow (approximation) | €891,957 | €551,591 | €254,821 | €834,073 | €810,804 | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€1.2m | -€788,232 | -€351,410 | -€339,384 | ▲ 3.4% |
| Change in cash | - | -€912,580 | €131,086 | €64,850 | €310,385 | ▲ 379% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €499,149
Net result €499,149 after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet -€25,643
Net result drops to -€25,643, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €2mEq €2.1m ▲10.3%
4 profitable years in a row build equity to €2.1m.
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
30-06
Financial
Highest result since 2019net €694,140 ▲77.9%
Operating result €863,288, net result €694,140, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 1976
Ground area
3,972 m²
Building footprint
2,099 m²
Parcel 31808K0339/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
BEVEPE
since 19762.012.526.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0339/00E000 | Flanders | 3,972 m² | 1 · 2,099 m² | - |
Linked by address, not proof of ownership
Good to know
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
Owners and holdings
1 ownerChain of control
- Garcelot
- BEVEPE
Highest known parent: Garcelot. The sources do not say who stands above it.
Owners 1
- Garcelotparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 54,232 EUR awarded · 28,852 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 3,911 EUR | 3,531 EUR |
| 2024 | 2 | 1,983 EUR | 1,983 EUR |
| 2023 | 5 | 41,982 EUR | 16,982 EUR |
| 2022 | 1 | 6,356 EUR | 6,356 EUR |
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Company details
Identification
Legal formPrivate limited company
Founded28-06-1976
Fiscal year end30-06
Activities, NACEBEL 2025
20300Manufacture of chemicals and chemical products
20411Manufacture of chemicals and chemical products
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416275696
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.