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BEVERGOED

Active
Public limited companyfounded 198738 yrs activeSint-Jansstraat 103, 8791 Waregem, BelgiumKBO/BCE: BE 0432.879.722
Summary

BEVERGOED has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €312k and a net result of €96k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 81% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability95▼-5
Solvency99▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 14.15 in 2023; short-term debt: 25.7% and cash: 36.2% of total assets), and 25.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €312k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 d early
2023
29 d late
2022
40 d early
2021
37 d early
2020
17 d early
2019
38 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 December 1987, BEVERGOED was incorporated.1 Total assets went from EUR 480,497 in 2018 to EUR 419,380 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Financials · fiscal year 2024, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€312k=
2023 · €312k
Total assets
€419k▲ 31.3%
2023 · €319k
Net result
€96k▲ 5.6%
2023 · €91k
Working capital
€102k▲ 0.1%
2023 · €101k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€57k▲ 5.7%€87k▲ 52.9%€120k▲ 38.2%€122k▲ 1.3%€128k▲ 5.4%
Net result€30k▲ 53.4%€58k▲ 90.0%€90k▲ 56.2%€91k▲ 0.8%€96k▲ 5.6%
Equity€402k=€390k▼ 3.0%€280k▼ 28.2%€312k▲ 11.2%€312k=
Total assets€438k▲ 4.9%€416k▼ 5.1%€390k▼ 6.2%€319k▼ 18.2%€419k▲ 31.3%
Debt€106k▲ 575%€26k▼ 75.6%€110k▲ 327%€8k▼ 93.0%€108k▲ 1,298%
Working capital€93k▼ 8.9%€180k▲ 94.4%€70k▼ 61.1%€101k▲ 44.8%€102k▲ 0.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €57k€57kNet result 2020: €30k€30kOperating result 2021: €87k€87kNet result 2021: €58k€58kOperating result 2022: €120k€120kNet result 2022: €90k€90kOperating result 2023: €122k€122kNet result 2023: €91k€91kOperating result 2024: €128k€128kNet result 2024: €96k€96k20202021202220232024€0€50k€100k€150kOperating result 2022: €120k€120kNet result 2022: €90k€90kOperating result 2023: €122k€122kNet result 2023: €91k€91kOperating result 2024: €128k€128kNet result 2024: €96k€96k202220232024
The operating result has risen four years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €419k
Fixed assets €210k =
Current assets €209k ▲ 91.7%
Equity and liabilities €419k
Equity €312k =
Debt €108k ▲ 1,298%
Debt's share of the balance-sheet total rises from 2.4% to 25.7%. Debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.94▼
2023 · 14.15
Debt to equity
0.35▲
2023 · 0.02
ROE
30.7%▲
2023 · 29.1%
ROA
22.8%▼
2023 · 28.4%
Debt ≤ 1 year
€108k▲
2023 · €8k
Income taxes
€32k▲
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€319k€419k▲
Fixed assets21/28€210k€210k=
Tangible fixed assets22/27€210k€210k=
Land and buildings22€210k€210k=
Current assets29/58€109k€209k▲
Amounts receivable within one year40/41€10k€10k=
Other amounts receivable41€10k€10k=
Cash at bank and in hand54/58€95k€152k▲
Deferred charges and accrued income490/1€4k€48k▲
Equity and liabilities
Total equity and liabilities10/49€319k€419k▲
Equity10/15€312k€312k=
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Revaluation surpluses12€159k€159k=
Reserves13€87k€87k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€81k€81k=
Profit (loss) carried forward14-€0
Amounts payable17/49€8k€108k▲
Amounts payable within one year42/48€8k€108k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48-€96k
Accrued charges and deferred income492/3-€126
Income statement Code20232024
Other operating charges640/8€18k€18k▲
Gross operating margin9900€140k€147k▲
Operating profit (loss)9901€122k€128k▲
Financial charges65/66B€840€756▼
Recurring financial charges65€840€756▼
Profit (loss) for the period before taxes9903€121k€128k▲
Income taxes67/77€30k€32k▲
Profit (loss) for the period9904€91k€96k▲
Profit (loss) for the period to be appropriated9905€91k€96k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€96k▲
Transfer from equity791/2€49k€0▼
Transfer to equity691/2€81k€0▼
To other reserves6921€81k€0▼
Profit to be distributed694/7€59k€96k▲
Return on contributions (dividend)694€59k€96k▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€30k----
Other operating charges640/8-€16k€16k€18k€18k▲ 4.0%
Gross operating margin9900€133k€133k€137k€140k€147k▲ 5.3%
Operating profit (loss)9901€57k€87k€120k€122k€128k▲ 5.4%
Financial income75/76B--€1---
Recurring financial income75€4k-€1---
Financial charges65/66B-€315€337€840€756▼ 9.9%
Recurring financial charges65€224€315€337€840€756▼ 9.9%
Profit (loss) for the period before taxes9903€61k€87k€120k€121k€128k▲ 5.6%
Income taxes67/77€34k€29k€30k€30k€32k▲ 5.6%
Profit (loss) for the period9904€30k€58k€90k€91k€96k▲ 5.6%
Profit (loss) for the period to be appropriated9905€30k€58k€90k€91k€96k▲ 5.6%
Line20202021202220232024Change
Assets
Total assets20/58€438k€416k€390k€319k€419k▲ 31.3%
Formation expenses20€0-----
Fixed assets21/28€301k€210k€210k€210k€210k=
Intangible fixed assets21€0-----
Tangible fixed assets22/27€301k€210k€210k€210k€210k=
Land and buildings22-€210k€210k€210k€210k=
Financial fixed assets28€0-----
Current assets29/58€198k€206k€180k€109k€209k▲ 91.7%
Stocks and contracts in progress3€0-----
Amounts receivable within one year40/41€7k€867€15k€10k€10k=
Other amounts receivable41-€867€15k€10k€10k=
Current investments50/53€0-----
Cash at bank and in hand54/58€154k€164k€120k€95k€152k▲ 59.2%
Deferred charges and accrued income490/1-€41k€45k€4k€48k▲ 1,065%
Equity and liabilities
Total equity and liabilities10/49€438k€416k€390k€319k€419k▲ 31.3%
Equity10/15€402k€390k€280k€312k€312k=
Contributions10/11€65k€65k€65k€65k€65k=
Capital10-€65k€65k€65k€65k=
Issued capital100-€65k€65k€65k€65k=
Revaluation surpluses12-€159k€159k€159k€159k=
Reserves13€78k€166k€56k€87k€87k=
Non-distributable reserves130/1-€7k€7k€7k€7k=
Legal reserve130-€7k€7k€7k€7k=
Distributable reserves133-€159k€49k€81k€81k=
Profit (loss) carried forward14€20k---€0-
Amounts payable17/49€106k€26k€110k€8k€108k▲ 1,298%
Amounts payable within one year42/48€106k€26k€110k€8k€108k▲ 1,297%
Financial debts43-€8k€10k---
Other loans439-€8k€10k---
Trade debts44€7k€13k-€8k€10k▲ 29.0%
Suppliers440/4-€13k-€8k€10k▲ 29.0%
Taxes, remuneration and social security45-€5k--€2k-
Taxes450/3-€5k--€2k-
Other amounts payable47/48--€100k-€96k-
Accrued charges and deferred income492/3-€21€21-€126-
Line20202021202220232024Change
Profit (loss) for the period9904€30k€58k€90k€91k€96k▲ 5.6%
+ Depreciation and write-downs630€61k€30k----
Operating cash flow (approximation)€91k€87k€90k€91k€96k▲ 5.6%
Investment in fixed assets (approximation)-€61k€0€0€0-
Change in cash-€10k€-45k€-24k€56k▲ 332%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €96k ▲5.6%
Operating result €128k, net result €96k, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial Liquidity times 9current ratio 14.15
Current ratio from 1.64 to 14.15; short-term debt falls from €110k to €8k.
21-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 8.00
Current ratio from 1.88 to 8.00; short-term debt falls from €106k to €26k.
14-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
31-12
Financial Liquidity times 6current ratio 7.49
Current ratio from 1.22 to 7.49; short-term debt falls from €98k to €16k.
24-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 55 days late
2018
05-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 36 days late
2017
07-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 38 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
9 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, Waregem · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
6,431 m²
Building footprint
5,359 m²
Volume, LiDAR
32,099 m³
Parcel 34006A0117/00C004, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Sint-Jansstraat 103, 8791 Waregem
Insurance, reinsurance and pension funding, except compulsory social security
since 19902.048.288.028
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34006A0117/00C004 Flanders 6,430 m² 1 · 5,359 m² 11.2 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 4,418 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded18-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
41001General construction of residential buildings
68201Renting and operating of own or leased residential real estate, excluding social housing

Scores and ratios are computed by Checked and are not a credit decision.