Losses
-€2.9m in six years
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
BEVER INVESTMENTS
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €375,347 (2021)
€91,286▲ €107,169
lowest -€1.3m (2025)
-€1.3m▼ €701,675
peak €20.8m (2024)
€20.6m▼ 0.9%
€144,496▼ 19.4%
peak 3.8 FTE (2020)
3.1 FTE▲ 14.8%
Board7 names since 2019
-
Owners2 names in the annual accounts
Documentsfilings and deeds
19-06-202642 days before the deadline
2025financial year
Gross margin from -€15,883 to €91,286Loss of €1.3mStaff from 2.7 FTE to 3.1 FTE1 statutory auditor appointed, 5 directors resigning, 5 reapp… 05-12Debts from €179,299 to €144,496Cash from €60,013 to €177,688
Key points
from the 2025 annual accountsInvestments
€361,077 0.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 167.7% higher than in 2024.
Liquidity
1.26 was 3.56 in 2024
Short-term debts fell from €179,214 to €144,371.
At the same address
15 companies
Board
5 left
Directors left. Latest change 05-12-2025 · 0 in office.
Position in the sector
-€1.3m
Lower net result than 95% of companies in real estate. Sector median €20,538 · 5,811 companies.
Net result -111%: other schema
Checked score
89
Excellent
Financially stronger than 50% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026highest value
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.26, cash €177,688
Loss of €1.3m, the second in a row (financial year 2025)
lowers risk
Equity €20.6m (99.3% of total assets)
Founded in 2003
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 56% on liquidity, 13% on profitability and 42% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as BEVER INVESTMENTS has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BEVER INVESTMENTS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 12,322 companies, not a prediction for BEVER INVESTMENTS. 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.
Credit verdict
Credit of up to €1,800,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (3.56 in 2024), below the usual 1.5. Short-term debt is 0.7% and cash 0.9% of total assets. 0.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.3m
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 days early
2024
7 days early
2023
15 days early
2022
3 days early
2021
22 days late
2020
23 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- LakeSprings 100%equity €432.4m (2025) · 2025 annual accounts of LakeSprings
- LAKESPRINGS SA consolidatesannual accounts 2014
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0860778592
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Wim Van Gasse · Gazette deed
1 statutory auditor appointed, 5 directors resigning, 5 reappointments
Resignations: Bart VERHAEGHE (chair of the board), Ann DE KELVER (managing director), Julie VERHAEGHE, Lisa VERHAEGHE and Lucas VERHAEGHE · Reappointments: Bart VERHAEGHE (chair of the board), Ann DE KELVER (managing director), Julie VERHAEGHE, Lisa VERHAEGHE and Lucas VERHAEGHE · Appointment: EY BEDRIJFSREVISOREN BV (statutory auditor) · General meeting of 02-06-2025 · Gazette deed
Capital increase of €3,000,000 to €11,282,233.36
Capital from €8,282,233.36 to €11,282,233.36 · Capital contribution: TWEEDE BESLISSING:Inschrijving en storting op de kapitaalverhoging · General meeting of 16-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BEVER INVESTMENTS Grimbergen | €20.8m | €91,286 | 99.3% | 3.1 |
| UPPERWEST Tervuren | €12.8m | €157,845 | 33.1% | 0.7 |
| DEMA ANDERLECHT Anderlecht | €9.4m | €100,524 | 0.6% | 1 |
| KASTEEL GESTELHOF Berlaar | €15.8m | €303,121 | 91.5% | 6.2 |
| GENT ZUID Brussels | €20.5m | €90,854 | 75.5% | - |
| HTK Mettet | €17.1m | €57,719 | 98.9% | - |
| SEPTENNIUM Keerbergen | €9.8m | €97,653 | 25.1% | - |
These companies have the same main activity as BEVER INVESTMENTS: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €9.4m and €21m, founded between 1994 and 2011.
Official details
Source: KBO- Status
- Active since 03-10-2003Normal situation
- Registered office
- 16 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers
- 323Building management, estate agents and domestic staff · annual accounts 2023
- Establishment unit
- 2.144.718.7951000 Brussels, since 03-10-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €120,000estimated
- €20.8m▼ 1.0%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on BEVER INVESTMENTS
BEVER INVESTMENTS has existed since 2003. The gross margin fell from €375,347 in 2021 to €173,353 in 2022 and staff from 2.7 to 2 full-time equivalents.
LakeSprings holds all the shares. In December 2025, five directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BEVER INVESTMENTS
- What is the company number of BEVER INVESTMENTS?
- The company number of BEVER INVESTMENTS is 0860.778.592. The VAT number is the same number with BE in front: BE 0860.778.592.
- Where is BEVER INVESTMENTS based?
- The registered office is at Boechoutlaan 221, 1853 Grimbergen.Company details
- What does BEVER INVESTMENTS do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of BEVER INVESTMENTS?
- BEVER INVESTMENTS is a public limited company (NV).
- When was BEVER INVESTMENTS founded?
- BEVER INVESTMENTS was founded on 03-10-2003.
- Is BEVER INVESTMENTS still active?
- Yes, BEVER INVESTMENTS is an active enterprise in the KBO register.
- How many employees does BEVER INVESTMENTS have?
- BEVER INVESTMENTS had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BEVER INVESTMENTS fall under?
- In its 2023 annual accounts, BEVER INVESTMENTS states joint committees 100 (Auxiliary committee for blue-collar workers), 200 (Auxiliary committee for white-collar workers) and 323 (Building management, estate agents and domestic staff).
- What is the turnover of BEVER INVESTMENTS?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €91,286 and 45 comparable companies (NACE 682). It probably lies between €100,000 and €150,000.
- Is BEVER INVESTMENTS profitable?
- In financial year 2025, BEVER INVESTMENTS made a loss of €1.3m.
- Where can I find the annual accounts of BEVER INVESTMENTS?
- BEVER INVESTMENTS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BEVER INVESTMENTS due?
- BEVER INVESTMENTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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