BEX
Annual accounts 2025
micro format, filed on 07-08-2026, 7 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €35,453 on 31-12-2025in euro
in euro
Position in the sector
-94.4%
Lower than 95% of 35,156 companies in 2025.
0.41
Higher than 5% of 34,529 companies in 2025.
-128.1%
Lower than 95% of 34,730 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
35,453 | 71,836 | 69,415 | 70,435 | 83,088 | 89,871 | 103,959 | 54,011 | 56,334 | 40,762 | 47,054 | 59,916 | 53,032 | 103,661 | 109,734 | 128,393 | 70,343 | 72,398 | 75,364 | 108,258 | |
21/28 |
7,053 | 9,930 | 8,924 | 19,901 | 32,932 | 51,132 | 69,863 | 20,191 | 27,033 | 11,667 | 16,396 | 10,068 | 18,297 | 33,532 | 48,707 | 63,335 | 25,887 | 14,743 | 26,455 | 39,171 | |
22/27 |
7,053 | 9,930 | 8,924 | 19,901 | 32,932 | 51,132 | 69,863 | 20,191 | 27,033 | 11,667 | 16,396 | 10,068 | 18,297 | 33,532 | 48,707 | 63,335 | 25,887 | 14,743 | 26,455 | 39,171 | |
22 |
4,150 | 5,483 | 3,000 | 3,600 | 4,525 | 5,450 | 6,375 | 1,300 | - | - | - | - | - | 94 | 187 | 281 | 1,485 | 2,689 | 3,893 | 5,098 | |
23 |
1,170 | 1,443 | 2,194 | 1,341 | 1,995 | 1,577 | 1,690 | 716 | 748 | 1,072 | 1,993 | 1,292 | 790 | 1,058 | 1,266 | 2,312 | 3,502 | 2,282 | 1,164 | 1,340 | |
24 |
1,733 | 3,004 | 3,730 | 14,960 | 26,411 | 44,105 | 61,798 | 18,175 | 26,285 | 10,595 | 14,403 | 8,776 | 17,507 | 27,155 | 36,803 | 45,067 | - | 7,315 | 16,484 | 25,364 | |
29/58 |
28,400 | 61,906 | 60,491 | 50,534 | 50,156 | 38,739 | 34,097 | 33,820 | 29,301 | 29,096 | 30,658 | 49,848 | 34,735 | 70,129 | 61,028 | 65,058 | 44,455 | 57,655 | 48,909 | 69,087 | |
3 |
17,118 | 49,792 | 18,159 | 9,421 | 11,773 | 5,329 | 22,980 | 6,278 | 16,797 | 18,752 | 13,326 | 23,023 | 11,767 | 16,527 | 26,622 | 20,192 | 12,886 | 23,829 | 32,512 | 44,879 | |
30/36 |
2,345 | 10,421 | 5,945 | 496 | 902 | 2,004 | 4,454 | 5,240 | 5,021 | 4,930 | 2,326 | 4,846 | 4,550 | 6,505 | 5,302 | 11,048 | 3,928 | 5,029 | 4,950 | 12,838 | |
37 |
14,773 | 39,371 | 12,214 | 8,925 | 10,871 | 3,325 | 18,526 | 1,038 | 11,776 | 13,822 | 11,000 | 18,177 | 7,217 | 10,022 | 21,320 | 9,145 | 8,958 | 18,800 | 27,562 | 32,041 | |
40/41 |
7,541 | 10,535 | 39,026 | 19,872 | 33,690 | 29,254 | 7,727 | 14,538 | 8,628 | 9,817 | 14,664 | 16,019 | 21,906 | 53,147 | 31,540 | 35,440 | 25,684 | 30,660 | 12,659 | 23,996 | |
40 |
5,400 | 6,544 | 38,160 | 19,489 | 28,836 | 24,106 | 2,668 | 10,416 | 6,216 | 7,904 | 8,242 | 12,444 | 20,054 | 47,306 | 25,791 | 34,000 | 20,925 | 27,833 | 8,818 | 19,803 | |
41 |
2,141 | 3,991 | 867 | 383 | 4,854 | 5,148 | 5,059 | 4,122 | 2,412 | 1,913 | 6,422 | 3,575 | 1,852 | 5,841 | 5,749 | 1,440 | 4,759 | 2,827 | 3,841 | 4,193 | |
54/58 |
406 | 812 | 1,912 | 16,225 | 4,340 | 1,196 | 1,759 | 13,005 | 3,461 | 527 | 2,668 | 10,806 | 1,062 | 456 | 2,866 | 7,361 | 5,885 | 3,166 | 3,738 | 212 | |
490/1 |
3,335 | 767 | 1,394 | 5,016 | 353 | 2,959 | 1,630 | - | 414 | - | - | - | - | - | - | 2,065 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
35,453 | 71,836 | 69,415 | 70,435 | 83,088 | 89,871 | 103,959 | 54,011 | 56,334 | 40,762 | 47,054 | 59,916 | 53,032 | 103,661 | 109,734 | 128,393 | 70,343 | 72,398 | 75,364 | 108,258 | |
10/15 |
-33,452 | 11,962 | 20,192 | 22,042 | 1,506 | -5,320 | -10,139 | -6,328 | -12,419 | -24,658 | -33,649 | -49,994 | -43,821 | -18,637 | -10,322 | -11,595 | -13,691 | -23,107 | -12,452 | 779 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
32,181 | 32,181 | 33,280 | 33,280 | 12,744 | 5,918 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | - | - | - | - | - | |
133 |
32,181 | 32,181 | 33,280 | 33,280 | 12,744 | 5,918 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | 1,099 | - | - | - | - | - | |
14 |
-84,233 | -38,819 | -31,688 | -29,838 | -29,838 | -29,838 | -29,838 | -26,027 | -32,118 | -44,357 | -53,348 | -69,693 | -63,520 | -38,336 | -30,021 | -30,195 | -32,291 | -41,707 | -31,052 | -17,821 | |
17/49 |
68,906 | 59,875 | 49,223 | 48,393 | 81,581 | 95,191 | 114,098 | 60,339 | 68,752 | 65,420 | 80,703 | 109,910 | 96,854 | 122,298 | 120,056 | 139,987 | 84,034 | 95,504 | 87,816 | 107,478 | |
17 |
- | - | 10,000 | 13,361 | 23,513 | 34,567 | 48,953 | 20,983 | 25,707 | 10,000 | 10,000 | 10,000 | 16,310 | 26,014 | 39,157 | 52,880 | 18,076 | - | 3,600 | 9,077 | |
170/4 |
- | - | 10,000 | 13,361 | 23,513 | 34,567 | 48,953 | 20,983 | 25,707 | 10,000 | 10,000 | 10,000 | 16,310 | 26,014 | 39,157 | 52,880 | 18,076 | - | 3,600 | 9,077 | |
42/48 |
68,906 | 56,365 | 37,796 | 34,008 | 56,282 | 58,990 | 63,232 | 39,356 | 43,045 | 55,420 | 70,703 | 99,910 | 80,543 | 96,284 | 78,449 | 87,108 | 65,958 | 95,154 | 84,216 | 98,052 | |
42 |
- | - | 3,361 | 9,972 | 10,874 | 14,386 | 14,311 | 4,724 | 4,630 | - | - | 6,310 | 9,704 | 13,788 | 13,722 | 12,409 | 4,729 | 3,600 | 5,476 | 16,997 | |
43 |
20,588 | 11,841 | 12,928 | - | 18,579 | 19,668 | 18,731 | 21,383 | 13,397 | 19,651 | 19,126 | 21,909 | 19,723 | 24,286 | 20,174 | 23,851 | 9,982 | 20,908 | 23,006 | 21,659 | |
430/8 |
20,588 | 11,841 | 12,928 | - | 18,579 | 19,668 | 18,731 | 21,383 | 13,397 | 19,651 | 19,126 | 21,909 | 19,723 | 24,286 | 20,174 | 23,851 | 9,982 | 20,908 | 23,006 | 21,659 | |
44 |
4,668 | 26,393 | 16,742 | 6,049 | 8,219 | 4,403 | 4,297 | 3,198 | 6,455 | 6,679 | 7,185 | 9,704 | 11,542 | 17,805 | 9,456 | 8,101 | 6,484 | 12,366 | 7,679 | 22,661 | |
440/4 |
4,668 | 26,393 | 16,742 | 6,049 | 8,219 | 4,403 | 4,297 | 3,198 | 6,455 | 6,679 | 7,185 | 9,704 | 11,542 | 17,805 | 9,456 | 8,101 | 6,484 | 12,366 | 7,679 | 22,661 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,015 | - | - | 3,000 | - | |
45 |
2,641 | 8,346 | 4,765 | 17,986 | 12,759 | 7,418 | 8,329 | 6,020 | 7,405 | 5,469 | 3,040 | 3,736 | 4,933 | 3,172 | 3,965 | 6,711 | 2,849 | 4,945 | 2,264 | 1,120 | |
450/3 |
2,641 | 2,546 | 1,865 | 15,086 | 8,409 | 4,368 | 2,779 | 1,670 | 771 | 317 | 332 | 349 | 177 | 196 | - | 2,881 | - | - | - | - | |
454/9 |
- | 5,800 | 2,900 | 2,900 | 4,350 | 3,050 | 5,550 | 4,350 | 6,633 | 5,152 | 2,708 | 3,387 | 4,756 | 2,976 | 3,965 | 3,830 | 2,849 | 4,945 | 2,264 | 1,120 | |
47/48 |
41,008 | 9,785 | - | - | 5,851 | 13,114 | 17,564 | 4,030 | 11,158 | 23,621 | 41,352 | 58,251 | 34,642 | 37,234 | 31,131 | 33,020 | 41,915 | 53,336 | 42,791 | 35,615 | |
492/3 |
- | 3,509 | 1,426 | 1,024 | 1,786 | 1,635 | 1,913 | - | - | - | - | - | - | - | 2,450 | - | - | 350 | - | 350 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11,422 | - | - | - | - | |
9900 |
-35,619 | 377 | 5,721 | 44,874 | 36,397 | 33,950 | 27,519 | 6,303 | 31,785 | 31,146 | 42,887 | 19,887 | 5,453 | 46,437 | 45,909 | 43,318 | 86,949 | 49,484 | 52,724 | 36,976 | |
62 |
- | - | - | - | - | - | - | - | 7,526 | 13,292 | 10,337 | 9,302 | 7,694 | 31,596 | 20,496 | 35,506 | 54,637 | 40,993 | 45,696 | 15,923 | |
630 |
3,331 | 2,659 | 14,761 | 14,591 | 19,598 | 19,374 | 22,792 | 8,878 | 8,773 | 4,729 | 12,250 | 10,747 | 15,853 | 15,804 | 16,195 | 10,135 | 17,236 | 13,475 | 13,709 | 14,982 | |
631/4 |
- | 27 | - | - | - | - | 85 | 108 | 861 | - | - | - | 428 | 305 | - | - | 100 | 911 | - | - | |
640/8 |
2,219 | 2,284 | 2,289 | 2,001 | 2,109 | 2,931 | 4,195 | 1,159 | 1,350 | 1,440 | 1,224 | 1,202 | 2,406 | 2,296 | 3,787 | 2,535 | 1,444 | 1,282 | 2,643 | 2,246 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | - | - | 770 | |
9901 |
-41,169 | -4,592 | -11,329 | 28,283 | 14,690 | 11,645 | 448 | -3,842 | 13,275 | 11,685 | 19,076 | -1,364 | -20,928 | -3,564 | 5,432 | -4,858 | 13,532 | -7,177 | -9,325 | 3,825 | |
75/76B |
199 | 448 | 15,148 | 5,061 | 70 | 96 | 135 | 12,719 | 2,512 | 20 | 9 | 2 | 1 | 41 | 3 | 2 | 10 | 46 | - | - | |
75 |
199 | 448 | 148 | 20 | 70 | 96 | 135 | 3 | 12 | 20 | 9 | 2 | 1 | 41 | 3 | 2 | 10 | 46 | - | - | |
76B |
- | - | 15,000 | 5,041 | - | - | - | 12,716 | 2,500 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
3,791 | 3,406 | 3,803 | 2,533 | 3,122 | 3,324 | 3,624 | 1,887 | 2,777 | 2,558 | 2,579 | 4,640 | 4,079 | 4,597 | 5,261 | 4,469 | 4,118 | 3,524 | 3,907 | 4,816 | |
65 |
3,791 | 3,406 | 3,803 | 2,533 | 3,122 | 3,324 | 3,624 | 1,887 | 2,777 | 2,558 | 2,579 | 4,640 | 4,079 | 4,597 | 5,261 | 4,469 | 4,118 | 3,524 | 3,907 | 4,816 | |
9903 |
-44,761 | -7,549 | 16 | 30,811 | 11,638 | 8,417 | -3,041 | 6,990 | 13,010 | 9,147 | 16,506 | -6,001 | -25,006 | -8,120 | 174 | 2,097 | 9,415 | -10,655 | -13,232 | -1,760 | |
67/77 |
653 | 681 | 1,866 | 10,275 | 4,811 | 3,598 | 770 | 899 | 771 | 156 | 161 | 171 | 178 | 196 | - | - | - | - | - | - | |
9904 |
-45,414 | -8,230 | -1,850 | 20,536 | 6,826 | 4,819 | -3,811 | 6,091 | 12,239 | 8,991 | 16,345 | -6,172 | -25,184 | -8,315 | 174 | 2,097 | 9,415 | -10,655 | -13,232 | -1,760 | |
9905 |
-45,414 | -8,230 | -1,850 | 20,536 | 6,826 | 4,819 | -3,811 | 6,091 | 12,239 | 8,991 | 16,345 | -6,172 | -25,184 | -8,315 | 174 | 2,097 | 9,415 | -10,655 | -13,232 | -1,760 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-84,233 | -39,918 | -31,688 | -9,302 | -23,011 | -25,019 | -29,838 | -26,027 | -32,118 | -44,357 | -53,348 | -69,693 | -63,520 | -38,336 | -30,021 | -30,195 | -32,291 | -41,707 | -31,052 | -17,821 | |
14P |
-38,819 | -31,688 | -29,838 | -29,838 | -29,838 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 1,099 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 20,536 | 6,826 | 4,819 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | 20,536 | 6,826 | 4,819 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | 0.5 | 1 | 0.9 | 0.9 | 1 | 1.8 | 0.9 | 0.9 | 1.4 | 1.4 | 1.7 | 0.3 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 944 | 1,521 | 1,521 | 1,597 | 1,784 | 2,688 | 1,392 | 1,552 | 2,528 | 1,800 | 2,864 | 624 | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 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.
Source: Annual accounts 2025 at the NBB, filed on 07-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 7 days after the deadline. Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394685.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-08-2026 | 2026-00394685 | |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00390033 | |
| 31-12-2023 | micro format | 16-07-2024 | 2024-00255806 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00350387 | |
| 31-12-2021 | micro format | 12-08-2022 | 2022-20288624 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-54200205 | |
| 31-12-2019 | micro format | 26-08-2020 | 2020-45300238 | |
| 31-12-2018 | micro format | 19-08-2019 | 2019-47200571 | |
| 31-12-2017 | micro format | 27-08-2018 | 2018-50400120 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-37400336 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-37500091 | |
| 31-12-2014 | abbreviated format | 24-08-2015 | 2015-45300515 | |
| 31-12-2013 | abbreviated format | 26-06-2014 | 2014-21900020 | |
| 31-12-2012 | abbreviated format | 26-07-2013 | 2013-35300127 | |
| 31-12-2011 | abbreviated format | 04-07-2012 | 2012-25400407 | |
| 31-12-2010 | abbreviated format | 29-06-2011 | 2011-23200433 | |
| 31-12-2009 | abbreviated format | 05-07-2010 | 2010-26900245 | |
| 31-12-2008 | abbreviated format | 27-06-2009 | 2009-31600261 | |
| 31-12-2007 | abbreviated format | 14-07-2008 | 2008-40700089 | |
| 31-12-2006 | abbreviated format | 03-07-2007 | 2007-34300355 | |
| 31-12-2005 | abbreviated format | 23-06-2006 | 2006-31004294 | |
| 31-12-2004 | abbreviated format | 24-06-2005 | 2005-33103728 | |
| 31-12-2003 | abbreviated format | 28-06-2004 | 2004-33603187 | |
| 31-12-2002 | abbreviated format | 03-07-2003 | 2003-38403932 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -37,838 | -1,933 | 3,432 | 42,873 | 34,288 | 31,019 | 23,239 | 5,035 | 22,048 | 16,414 | 31,326 | 9,383 | -5,075 | 12,240 | 21,626 | 5,277 | 30,768 | 6,298 | 4,385 | 18,807 | ||
| -42,083 | -5,571 | 12,911 | 35,126 | 26,424 | 24,193 | 18,980 | 14,969 | 21,012 | 13,721 | 28,595 | 4,575 | -9,331 | 7,489 | 16,369 | 12,231 | 26,652 | 2,821 | 478 | 13,221 | ||
| 454 | 3,665 | 3,785 | 1,560 | 1,398 | 643 | 72,463 | 2,036 | 24,139 | 0 | 18,578 | 2,518 | 618 | 629 | 1,566 | 47,582 | 28,554 | 1,763 | 993 | 631 | ||
| -405 | -1,100 | -14,314 | 11,885 | 3,144 | -562 | -11,246 | 9,543 | 2,934 | -2,141 | -8,138 | 9,744 | 606 | -2,410 | -4,495 | 1,476 | 2,719 | -572 | 3,525 | - | ||
| -40,505 | 5,541 | 22,694 | 16,527 | -6,126 | -20,250 | -29,135 | -5,536 | -13,744 | -26,324 | -40,045 | -50,062 | -45,808 | -26,155 | -17,421 | -22,050 | -21,503 | -37,500 | -35,307 | -28,965 | ||
| -94.4% | 16.7% | 29.1% | 31.3% | 1.8% | -5.9% | -9.8% | -11.7% | -22.0% | -60.5% | -71.5% | -83.4% | -82.6% | -18.0% | -9.4% | -9.0% | -19.5% | -31.9% | -16.5% | 0.7% | ||
| 0.41 | 1.10 | 1.60 | 1.49 | 0.89 | 0.66 | 0.54 | 0.86 | 0.68 | 0.53 | 0.43 | 0.50 | 0.43 | 0.73 | 0.78 | 0.75 | 0.67 | 0.61 | 0.58 | 0.70 | ||
| 0.16 | 0.21 | 1.12 | 1.21 | 0.68 | 0.57 | 0.18 | 0.70 | 0.29 | 0.19 | 0.25 | 0.27 | 0.29 | 0.56 | 0.44 | 0.52 | 0.48 | 0.36 | 0.19 | 0.25 | ||
| - | 5.01 | 2.44 | 2.20 | 54.16 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | -68.8% | -9.2% | 93.2% | 453.2% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| -128.1% | -11.5% | -2.7% | 29.2% | 8.2% | 5.4% | -3.7% | 11.3% | 21.7% | 22.1% | 34.7% | -10.3% | -47.5% | -8.0% | 0.2% | 1.6% | 13.4% | -14.7% | -17.6% | -1.6% | ||
| -9.98 | -0.57 | 0.90 | 16.93 | 10.98 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €454 | €3,665 | €3,785 | €1,560 | €1,398 |
| €3,331 | €2,659 | €14,761 | €14,591 | €19,598 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BEX
The operating result for 2025 is a loss of €41,169, larger than the loss of €4,592 in 2024. It is the lowest result since 2006.
Equity is negative. Debt (€68,906) exceeds the balance-sheet total (€35,453).