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BeViking

Active
Private limited companyfounded 2022active for 4 yearsMussenberg 51, 1502 Halle, BelgiumKBO/BCE: BE 0791.782.888

Financials · financial year 2025, micro format

2025 annual accounts filed 70 days after the deadline Filed on 9 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00552503.

Annual accounts 2025 filed on 09-10-2026 at the NBB all 3 filings

Turnover
≈ €170,000
Estimated: probably between €100,000 and €300,000
Total assets
€92,908▲ 297%
2024 · €23,423
Net result
€27,715
2024 · -€14,446
Working capital
€8,022▲ 411%
2024 · €1,570
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is a profit of €34,697, after a loss of €14,378 in 2024. It is the highest result since 2023.

Operating result€34,697 2025 Net result€27,715 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€21,086--€14,378€34,697
Net result€16,127within the sector's middle half--€14,446below the sector's middle half€27,715above the sector's middle half
Equity€16,627within the sector's middle half-€2,181below the sector's middle half▼ 86.9%€29,896within the sector's middle half▲ 14×
Total assets€25,729below the sector's middle half-€23,423below the sector's middle half▼ 9.0%€92,908within the sector's middle half▲ 297%
Debt€9,102-€21,242▲ 133%€63,012▲ 197%
Working capital€15,593within the sector's middle half-€1,570within the sector's middle half▼ 89.9%€8,022within the sector's middle half▲ 411%
Solvency64.6%within the sector's middle half-9.3%below the sector's middle half▼ 55.3pp32.2%within the sector's middle half▲ 22.9pp
Current ratio2.71within the sector's middle half-1.07within the sector's middle half▼ 1.641.24within the sector's middle half▲ 0.16
Return on assets (ROA)62.7%above the sector's middle half--61.7%below the sector's middle half▼ 124.4pp29.8%above the sector's middle half▲ 91.5pp
above within below The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,908
Fixed assets €51,107 ▲ 84×
Current assets €41,800 ▲ 83.2%
Equity and liabilities €92,908
Equity €29,896 ▲ 14×
Debt €63,012 ▲ 197%
Debt's share of the balance-sheet total falls from 90.7% to 67.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€40,933▲
2024 · -€13,955
Cash flow
€33,951▲
2024 · -€14,023
Debt to equity
2.11▼
2024 · 9.74
ROE
92.7%▲
2024 · -662.4%
Interest coverage
21.14▲
2024 · -203.72
Debt ≤ 1 year
€33,778▲
2024 · €21,242
Debt > 1 year
€29,234
Income taxes
€5,166▲
2024 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item202320242025
Pledge on other assets, amount secured--€55,000
Carrying value of the other pledged assets--€50,919

Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item202320242025
Tangible fixed assets€2,559-€56,733
Financial fixed assets--€0
Depreciation and write-downs of the year€1,525€423€6,236

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as BeViking: other education (NACE 85599). They are comparable in size and age: total assets between €79,800 and €117,000, founded between 2021 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
BeViking Halle2022€92,908€29,896€41,385€27,7152025
Optimiro Antwerpen2022€108,081€61,212€39,885€22,8802025
DENNIS VAN HEYST Zandhoven2023€82,622€46,583€38,236€5,2902025
MEURISSE - LATOUR Tournai2022€116,704€95,958€39,932€19,1792025
FilmEU Association Schaarbeek2022€79,839€64,195€47,939€45,8132025
Flownergy Anderlecht2022€107,327€77,405€38,157€22,1182025
INSPIRITAN Halle2021€82,425€31,724€35,164€25,6522025

They were chosen from the 1,379 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as BeViking has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of BeViking itself is lower: 0.3% within 12 months. It rests on far more data about BeViking than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for BeViking. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Source: Annual accounts 2025 at the NBB, filed on 09-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€23,423€92,908▲
Fixed assets21/28€611€51,107▲
Tangible fixed assets22/27€611€51,107▲
Furniture and vehicles24€611€51,107▲
Current assets29/58€22,812€41,800▲
Amounts receivable within one year40/41€17,032€29,855▲
Trade receivables40€1,653€8,875▲
Other amounts receivable41€15,380€20,980▲
Cash at bank and in hand54/58€5,630€11,946▲
Deferred charges and accrued income490/1€149€0▼
Equity and liabilities
Total equity and liabilities10/49€23,423€92,908▲
Equity10/15€2,181€29,896▲
Contributions10/11€500€500=
Reserves13€1,681€29,396▲
Distributable reserves133€1,681€29,396▲
Amounts payable17/49€21,242€63,012▲
Amounts payable after more than one year17-€29,234
Financial debts170/4-€29,234
Amounts payable within one year42/48€21,242€33,778▲
Current portion of amounts payable after more than one year42-€12,500
Financial debts43-€140
Credit institutions430/8-€140
Trade debts44€335€1,230▲
Suppliers440/4€335€1,230▲
Taxes, remuneration and social security45€0€5,166▲
Taxes450/3€0€5,166▲
Other amounts payable47/48€20,907€14,743▼
Income statement Code20242025
Non-recurring operating income76A-€5,284
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€423€6,236▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5,284€0▼
Other operating charges640/8€641€452▼
Gross operating margin9900-€8,031€41,385▲
Operating profit (loss)9901-€14,378€34,697▲
Financial income75/76B-€120
Recurring financial income75-€120
Financial charges65/66B€69€1,937▲
Recurring financial charges65€69€1,937▲
Profit (loss) for the period before taxes9903-€14,446€32,880▲
Income taxes67/77€0€5,166▲
Profit (loss) for the period9904-€14,446€27,715▲
Profit (loss) for the period to be appropriated9905-€14,446€27,715▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,446€27,715▲
Transfer from equity791/2€14,446€0▼
Transfer to equity691/2€0€27,715▲
To other reserves6921€0€27,715▲

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202320242025Change
Non-recurring operating income76A--€5,284-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,525€423€6,236▲ 15×
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,284€0▼ 100%
Other operating charges640/8€903€641€452▼ 29.4%
Gross operating margin9900€23,514-€8,031€41,385-
Operating profit (loss)9901€21,086-€14,378€34,697-
Financial income75/76B--€120-
Recurring financial income75--€120-
Financial charges65/66B€99€69€1,937▲ 28×
Recurring financial charges65€99€69€1,937▲ 28×
Profit (loss) for the period before taxes9903€20,987-€14,446€32,880-
Income taxes67/77€4,860€0€5,166-
Profit (loss) for the period9904€16,127-€14,446€27,715-
Profit (loss) for the period to be appropriated9905€16,127-€14,446€27,715-
Line202320242025Change
Assets
Total assets20/58€25,729€23,423€92,908▲ 297%
Fixed assets21/28€1,034€611€51,107▲ 84×
Tangible fixed assets22/27€1,034€611€51,107▲ 84×
Furniture and vehicles24€1,034€611€51,107▲ 84×
Current assets29/58€24,695€22,812€41,800▲ 83.2%
Amounts receivable within one year40/41€8,898€17,032€29,855▲ 75.3%
Trade receivables40€8,509€1,653€8,875▲ 437%
Other amounts receivable41€388€15,380€20,980▲ 36.4%
Cash at bank and in hand54/58€15,652€5,630€11,946▲ 112%
Deferred charges and accrued income490/1€145€149€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€25,729€23,423€92,908▲ 297%
Equity10/15€16,627€2,181€29,896▲ 14×
Contributions10/11€500€500€500=
Reserves13€16,127€1,681€29,396▲ 17×
Distributable reserves133€16,127€1,681€29,396▲ 17×
Amounts payable17/49€9,102€21,242€63,012▲ 197%
Amounts payable after more than one year17--€29,234-
Financial debts170/4--€29,234-
Amounts payable within one year42/48€9,102€21,242€33,778▲ 59.0%
Current portion of amounts payable after more than one year42--€12,500-
Financial debts43--€140-
Credit institutions430/8--€140-
Trade debts44€44€335€1,230▲ 267%
Suppliers440/4€44€335€1,230▲ 267%
Taxes, remuneration and social security45€4,860€0€5,166-
Taxes450/3€4,860€0€5,166-
Other amounts payable47/48€4,198€20,907€14,743▼ 29.5%
Line202320242025Change
Profit (loss) for the period9904€16,127-€14,446€27,715-
+ Depreciation and write-downs630€1,525€423€6,236▲ 15×
Operating cash flow (approximation)€17,652-€14,023€33,951-
Investment in fixed assets (approximation)-€0-€56,733-
Change in cash--€10,022€6,315-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-10-2026 2026-00552503 NBB
31-12-2024 micro format 31-07-2025 2025-00354916 PDF
31-12-2023 micro format 31-07-2024 2024-00317694 PDF

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