BEXAN
ActiveSummary
BEXAN has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €83k and a net result of €20k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 62% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▲+12
Solvency92▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 0.97 in 2023; short-term debt: 33.4% and cash: 45.6% of total assets), and 33.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 dateAge against the risk zone
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 14-06-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d early
2023
46 d early
2022
33 d early
2021
66 d early
2020
67 d early
2019
69 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€83k▲ 31.6%
2023 · €63k
2018: €50k
2019: €52k▲ +4.2% vs 2018
2020: €50k▼ -2.7% vs 2019
2021: €47k▼ -7.3% vs 2020lowest in 7 years
2022: €55k▲ +18.8% vs 2021
2023: €63k▲ +13.5% vs 2022
2024: €83k▲ +31.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€124k▲ 4.9%
2023 · €119k
2018: €149khighest in 7 years
2019: €136k▼ -8.7% vs 2018
2020: €130k▼ -4.3% vs 2019
2021: €123k▼ -5.5% vs 2020
2022: €122k▼ -0.8% vs 2021
2023: €119k▼ -2.8% vs 2022lowest in 7 years
2024: €124k▲ +4.9% vs 2023
2018 → 2024
Net result
€20k▲ 166%
2023 · €7k
2018: €2k
2019: €2k▲ +31.1% vs 2018
2020: €-1k▼ -167% vs 2019
2021: €-4k▼ -162% vs 2020lowest in 7 years
2022: €9k▲ +338% vs 2021
2023: €7k▼ -14.5% vs 2022
2024: €20k▲ +166% vs 2023highest in 7 years
2018 → 2024
Working capital
€22k
2023 · €-2k
2018: €-64k
2019: €-65k▼ -1.3% vs 2018lowest in 7 years
2020: €-55k▲ +16.2% vs 2019
2021: €-40k▲ +26.5% vs 2020
2022: €-21k▲ +48.0% vs 2021
2023: €-2k▲ +90.9% vs 2022
2024: €22k▲ +1278% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€47k▼ 7.3%€55k▲ 18.8%€63k▲ 13.5%€83k▲ 31.6%
2020: €50k
2021: €47k▼ -7.3% vs 2020lowest in 5 years
2022: €55k▲ +18.8% vs 2021
2023: €63k▲ +13.5% vs 2022
2024: €83k▲ +31.6% vs 2023highest in 5 years
Operating result€-1k-€-4k▼ 174%€9k€9k▼ 1.4%€22k▲ 151%
2020: €-1k
2021: €-4k▼ -174% vs 2020lowest in 5 years
2022: €9k▲ +344% vs 2021
2023: €9k▼ -1.4% vs 2022
2024: €22k▲ +151% vs 2023highest in 5 years
Net result€-1k-€-4k▼ 162%€9k€7k▼ 14.5%€20k▲ 166%
2020: €-1k
2021: €-4k▼ -162% vs 2020lowest in 5 years
2022: €9k▲ +338% vs 2021
2023: €7k▼ -14.5% vs 2022
2024: €20k▲ +166% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 151% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€60k ▼ 6.9%
Current assets
€64k ▲ 19.1%
Equity and liabilities €124k
Equity
€83k ▲ 31.6%
Debt
€42k ▼ 25.3%
Debt's share of the balance-sheet total falls from 46.9% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €21k
Cash flow
€24k▲
2023 · €20k
Current ratio
1.54▲
2023 · 0.97
Debt to equity
0.50▼
2023 · 0.88
ROE
24.0%▲
2023 · 11.9%
ROA
16.0%▲
2023 · 6.3%
Interest coverage
211.17▼
2023 · 222.06
Debt ≤ 1 year
€42k▼
2023 · €56k
Income taxes
€2k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€119k€124k▲
Fixed assets21/28€65k€60k▼
Tangible fixed assets22/27€64k€60k▼
Land and buildings22€60k€58k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€1k€649▼
Financial fixed assets28€575€575=
Current assets29/58€54k€64k▲
Amounts receivable within one year40/41€14k€3k▼
Trade receivables40€14k€3k▼
Cash at bank and in hand54/58€35k€57k▲
Deferred charges and accrued income490/1€4k€4k=
Equity and liabilities
Total equity and liabilities10/49€119k€124k▲
Equity10/15€63k€83k▲
Contributions10/11€50k€50k=
Capital10€50k€50k=
Issued capital100€50k€50k=
Reserves13€584€584=
Non-distributable reserves130/1€584€584=
Other1319€584€584=
Profit (loss) carried forward14€13k€33k▲
Amounts payable17/49€56k€42k▼
Amounts payable within one year42/48€56k€42k▼
Trade debts44€11k€9k▼
Suppliers440/4€11k€9k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€42k€29k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€4k▼
Other operating charges640/8€35k€27k▼
Gross operating margin9900€56k€54k▼
Operating profit (loss)9901€9k€22k▲
Financial income75/76B€84€252▲
Recurring financial income75€84€252▲
Financial charges65/66B€96€125▲
Recurring financial charges65€96€125▲
Profit (loss) for the period before taxes9903€9k€22k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€7k€20k▲
Profit (loss) for the period to be appropriated9905€7k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€33k▲
Profit (loss) brought forward from the previous period14P€5k€13k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €15k | €13k | €4k | ▼ 64.6% |
| Other operating charges640/8 | - | €32k | €34k | €35k | €27k | ▼ 21.6% |
| Gross operating margin9900 | €32k | €47k | €58k | €56k | €54k | ▼ 4.4% |
| Operating profit (loss)9901 | €-1k | €-4k | €9k | €9k | €22k | ▲ 151% |
| Financial income75/76B | - | €19 | - | €84 | €252 | ▲ 200% |
| Recurring financial income75 | - | €19 | - | €84 | €252 | ▲ 200% |
| Financial charges65/66B | - | €80 | €103 | €96 | €125 | ▲ 30.2% |
| Recurring financial charges65 | €83 | €80 | €103 | €96 | €125 | ▲ 30.2% |
| Profit (loss) for the period before taxes9903 | €-1k | €-4k | €9k | €9k | €22k | ▲ 153% |
| Income taxes67/77 | - | - | - | €1k | €2k | ▲ 74.6% |
| Profit (loss) for the period9904 | €-1k | €-4k | €9k | €7k | €20k | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-4k | €9k | €7k | €20k | ▲ 166% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130k | €123k | €122k | €119k | €124k | ▲ 4.9% |
| Fixed assets21/28 | €105k | €87k | €76k | €65k | €60k | ▼ 6.9% |
| Tangible fixed assets22/27 | €105k | €86k | €76k | €64k | €60k | ▼ 6.9% |
| Land and buildings22 | - | €73k | €67k | €60k | €58k | ▼ 3.6% |
| Plant, machinery and equipment23 | - | €14k | €8k | €3k | €1k | ▼ 56.5% |
| Furniture and vehicles24 | - | - | €948 | €1k | €649 | ▼ 53.9% |
| Financial fixed assets28 | €575 | €575 | €575 | €575 | €575 | = |
| Current assets29/58 | €25k | €36k | €46k | €54k | €64k | ▲ 19.1% |
| Amounts receivable within one year40/41 | €8k | €6k | €18k | €14k | €3k | ▼ 77.1% |
| Trade receivables40 | - | €6k | €18k | €14k | €3k | ▼ 77.1% |
| Cash at bank and in hand54/58 | €18k | €31k | €28k | €35k | €57k | ▲ 60.4% |
| Deferred charges and accrued income490/1 | - | - | - | €4k | €4k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130k | €123k | €122k | €119k | €124k | ▲ 4.9% |
| Equity10/15 | €50k | €47k | €55k | €63k | €83k | ▲ 31.6% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Capital10 | - | €50k | €50k | €50k | €50k | = |
| Issued capital100 | - | €50k | €50k | €50k | €50k | = |
| Reserves13 | €584 | €584 | €584 | €584 | €584 | = |
| Non-distributable reserves130/1 | - | €584 | €584 | €584 | €584 | = |
| Other1319 | - | €584 | €584 | €584 | €584 | = |
| Profit (loss) carried forward14 | €231 | €-3k | €5k | €13k | €33k | ▲ 156% |
| Amounts payable17/49 | €80k | €76k | €67k | €56k | €42k | ▼ 25.3% |
| Amounts payable within one year42/48 | €80k | €76k | €67k | €56k | €42k | ▼ 25.3% |
| Trade debts44 | €5k | €8k | €12k | €11k | €9k | ▼ 15.5% |
| Suppliers440/4 | - | €8k | €12k | €11k | €9k | ▼ 15.5% |
| Taxes, remuneration and social security45 | - | €3k | €4k | €3k | €3k | ▲ 11.3% |
| Taxes450/3 | - | €3k | €4k | €3k | €3k | ▲ 11.3% |
| Other amounts payable47/48 | - | €66k | €50k | €42k | €29k | ▼ 30.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-4k | €9k | €7k | €20k | ▲ 166% |
| + Depreciation and write-downs630 | €18k | €18k | €15k | €13k | €4k | ▼ 64.6% |
| Operating cash flow (approximation) | €17k | €14k | €24k | €20k | €24k | ▲ 21.4% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €13k | €-3k | €8k | €21k | ▲ 177% |
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
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €20k ▲166%
Operating result €22k, net result €20k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
26-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kruisem · 1 establishment unit since 1995
Ground area
1,763 m²
Building footprint
254 m²
Volume, LiDAR
1,347 m³
Parcel 45015D0252/00B000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Korte Gebuurte 17, 9750 Kruisem
since 19952.073.133.587
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45015D0252/00B000 | Flanders | 1,763 m² | 1 · 254 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,252 EUR awarded · 1,252 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,252 EUR | 1,252 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,218 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46831Wholesale of construction materials, general range
Scores and ratios are computed by Checked and are not a credit decision.