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BF GROUP

Active
Private limited companyfounded 20224 yrs activeKBO/BCE: BE 0788.528.440
Summary

The computed 12-month bankruptcy probability of BF GROUP is 2.5% (moderate). The annual accounts of BF GROUP for fiscal year 2025 show a net loss of 91% of the equity at the start of that year. The 2025 annual accounts show equity of €952 and a net result of -€9,741. Equity is shrinking by ~47.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 24% of 18537 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency27▼-73
Growth32=
Track record94
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.2 against 8.56 in 2024; short-term debt: 98.3% and cash: 16.2% of total assets), and 98.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
1.7%
Return on assets
-17.9%
Age of the figures
9 mo
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 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€9,741
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18537 sector peers (2025).
NBB · sector comparison
Position among 18537 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
31 d late
2024
60 d late
2023
19 d late
2022
1 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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 13 July 2022, BF GROUP was incorporated as a Private limited company.1 Total assets went from EUR 18,910 in 2022 to EUR 54,428 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€952▼ 91.1%
2024 · €10,692
Total assets
€54,428▲ 350%
2024 · €12,106
Net result
-€9,741▼ 399%
2024 · -€1,952
Working capital
-€42,599
2024 · €10,692
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
Line2022202320242025
Operating result-€34--€5,185▼ 15,326%-€1,944▲ 62.5%-€9,741▼ 401%
Net result-€38--€5,317▼ 13,728%-€1,952▲ 63.3%-€9,741▼ 399%
Equity€17,962-€12,645▼ 29.6%€10,692▼ 15.4%€952▼ 91.1%
Total assets€18,910-€13,593▼ 28.1%€12,106▼ 10.9%€54,428▲ 350%
Debt€949-€949=€1,414▲ 49.0%€53,476▲ 3,682%
Working capital€17,962-€12,645▼ 29.6%€10,692▼ 15.4%-€42,599
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2022: -€34-€34Net result 2022: -€38-€38Operating result 2023: -€5,185-€5,185Net result 2023: -€5,317-€5,317Operating result 2024: -€1,944-€1,944Net result 2024: -€1,952-€1,952Operating result 2025: -€9,741-€9,741Net result 2025: -€9,741-€9,7412022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€5,185-€5,180Net result 2023: -€5,317-€5,320Operating result 2024: -€1,944-€1,940Net result 2024: -€1,952-€1,950Operating result 2025: -€9,741-€9,740Net result 2025: -€9,741-€9,740202320242025
The operating result stays negative: a loss of €9,741 in 2025 against €1,944 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,428
Fixed assets €43,551
Current assets €10,877
Equity and liabilities €54,428
Equity €952 ▼ 91.1%
Debt €53,476 ▲ 3,682%
Debt's share of the balance-sheet total rises from 11.7% to 98.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,292
Cash flow
-€8,292
Current ratio
0.20▼
2024 · 8.56
ROA
-17.9%▼
2024 · -16.1%
Debt ≤ 1 year
€53,476▲
2024 · €1,414
Equity ratios withheld: equity of €952 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 759 companies that looked in July 2024 the way this one looks now, 7.5% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
7.5% went bankrupt
4.5% stopped otherwise
86% still going

A further 1.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 759 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,106€54,428▲
Fixed assets21/28-€43,551
Tangible fixed assets22/27-€43,551
Furniture and vehicles24-€43,551
Current assets29/58€12,106€10,877▼
Amounts receivable within one year40/41-€2,077
Trade receivables40-€2,077
Cash at bank and in hand54/58€12,106€8,800▼
Equity and liabilities
Total equity and liabilities10/49€12,106€54,428▲
Equity10/15€10,692€952▼
Contributions10/11€18,000€18,000=
Profit (loss) carried forward14-€7,308-€17,048▼
Amounts payable17/49€1,414€53,476▲
Amounts payable within one year42/48€1,414€53,476▲
Trade debts44€45€51,050▲
Suppliers440/4€45€51,050▲
Taxes, remuneration and social security45€650€1,475▲
Taxes450/3€650€1,475▲
Other amounts payable47/48€719€952▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,449
Non-recurring operating charges66A€53€687▲
Gross operating margin9900-€1,891-€7,605▼
Operating profit (loss)9901-€1,944-€9,741▼
Financial charges65/66B€8-
Recurring financial charges65€8-
Profit (loss) for the period before taxes9903-€1,952-€9,741▼
Profit (loss) for the period9904-€1,952-€9,741▼
Profit (loss) for the period to be appropriated9905-€1,952-€9,741▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7,308-€17,048▼
Profit (loss) brought forward from the previous period14P-€5,355-€7,308▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€1,449-
Non-recurring operating charges66A-€400€53€687▲ 1,196%
Gross operating margin9900-€34-€4,785-€1,891-€7,605▼ 302%
Operating profit (loss)9901-€34-€5,185-€1,944-€9,741▼ 401%
Financial charges65/66B€5€132€8--
Recurring financial charges65€5€132€8--
Profit (loss) for the period before taxes9903-€38-€5,317-€1,952-€9,741▼ 399%
Profit (loss) for the period9904-€38-€5,317-€1,952-€9,741▼ 399%
Profit (loss) for the period to be appropriated9905-€38-€5,317-€1,952-€9,741▼ 399%
Line2022202320242025Change
Assets
Total assets20/58€18,910€13,593€12,106€54,428▲ 350%
Fixed assets21/28---€43,551-
Tangible fixed assets22/27---€43,551-
Furniture and vehicles24---€43,551-
Current assets29/58€18,910€13,593€12,106€10,877▼ 10.2%
Amounts receivable within one year40/41€408€123-€2,077-
Trade receivables40---€2,077-
Other amounts receivable41€408€123---
Cash at bank and in hand54/58€18,503€13,470€12,106€8,800▼ 27.3%
Equity and liabilities
Total equity and liabilities10/49€18,910€13,593€12,106€54,428▲ 350%
Equity10/15€17,962€12,645€10,692€952▼ 91.1%
Contributions10/11€18,000€18,000€18,000€18,000=
Profit (loss) carried forward14-€38-€5,355-€7,308-€17,048▼ 133%
Amounts payable17/49€949€949€1,414€53,476▲ 3,682%
Amounts payable within one year42/48€949€949€1,414€53,476▲ 3,682%
Trade debts44--€45€51,050▲ 113,344%
Suppliers440/4--€45€51,050▲ 113,344%
Taxes, remuneration and social security45--€650€1,475▲ 127%
Taxes450/3--€650€1,475▲ 127%
Other amounts payable47/48€949€949€719€952▲ 32.4%
Line2022202320242025Change
Profit (loss) for the period9904-€38-€5,317-€1,952-€9,741▼ 399%
+ Depreciation and write-downs630---€1,449-
Operating cash flow (approximation)-€38-€5,317-€1,952-€8,292▼ 325%
Change in cash--€5,033-€1,363-€3,306▼ 143%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Weakest financial yearnet -€9,741
Net result drops to -€9,741, the lowest in the series.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
01-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Asse · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,215 m²
Building footprint
127 m²
Volume, LiDAR
550 m³
Parcel 23095B0035/00R000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BF GROUP
NACE 45113
since 20222.337.094.145
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23095B0035/00R000 Flanders 1,215 m² 1 · 127 m² 7.0 m · 1 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 10,664 companies in sector 47811 we hold annual accounts for 5,221. 618 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
Founded13-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Contact
E-mail srl.bf.group@gmail.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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