BFE GROUP
ActiveSummary
The computed 12-month bankruptcy probability of BFE GROUP is 1.9% (moderate). The 2024 annual accounts show negative equity (€-2k) and a net result of €-848. Its solvency ranks better than 17% of 290 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability17▲+3
Solvency20▼-2
Growth58
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 0.94 in 2023; short-term debt: 104.8% and cash: 0% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-4.8%
Return on assets
-1.7%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€-2k▼ 54.7%
2023 · €-2k
Total assets
€50k▼ 0.9%
2023 · €50k
Net result
€-848▲ 56.5%
2023 · €-2k
Working capital
€-3k▼ 13.7%
2023 · €-3k
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
Line20232024
Operating result€-2k-€-825▲ 57.0%
Net result€-2k-€-848▲ 56.5%
Equity€-2k-€-2k▼ 54.7%
Total assets€50k-€50k▼ 0.9%
Debt€52k-€52k▲ 0.8%
Working capital€-3k-€-3k▼ 13.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €825 in 2024 against €2k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€1k =
Current assets
€49k =
Key figures and ratios
EBITDA
€-387▲
2023 · €-1k
Cash flow
€-411▲
2023 · €-1k
Solvency
-4.8%▼
2023 · -3.1%
Current ratio
0.93▼
2023 · 0.94
Debt to equity
-21.64▲
2023 · -33.21
ROA
-1.7%▲
2023 · -3.9%
Interest coverage
-16.60▲
2023 · -34.56
Debt ≤ 1 year
€52k▲
2023 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €875 | €438 | ▼ 50.0% |
| Other operating charges640/8 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €-661 | - | - |
| Operating profit (loss)9901 | €-2k | €-825 | ▲ 57.0% |
| Financial charges65/66B | €30 | €23 | ▼ 22.8% |
| Recurring financial charges65 | €30 | €23 | ▼ 22.8% |
| Profit (loss) for the period before taxes9903 | €-2k | €-848 | ▲ 56.5% |
| Profit (loss) for the period9904 | €-2k | €-848 | ▲ 56.5% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-848 | ▲ 56.5% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €50k | €50k | ▼ 0.9% |
| Formation expenses20 | €438 | - | - |
| Fixed assets21/28 | €1k | €1k | = |
| Financial fixed assets28 | €1k | €1k | = |
| Current assets29/58 | €49k | €49k | = |
| Amounts receivable within one year40/41 | €49k | €49k | = |
| Other amounts receivable41 | €49k | €49k | = |
| Cash at bank and in hand54/58 | €1 | €1 | = |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €50k | €50k | ▼ 0.9% |
| Equity10/15 | €-2k | €-2k | ▼ 54.7% |
| Contributions10/11 | €400 | €400 | = |
| Profit (loss) carried forward14 | €-2k | €-3k | ▼ 43.5% |
| Amounts payable17/49 | €52k | €52k | ▲ 0.8% |
| Amounts payable within one year42/48 | €52k | €52k | ▲ 0.8% |
| Trade debts44 | €384 | €795 | ▲ 107% |
| Suppliers440/4 | €384 | €795 | ▲ 107% |
| Other amounts payable47/48 | €51k | €51k | = |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-848 | ▲ 56.5% |
| + Depreciation and write-downs630 | €875 | €438 | ▼ 50.0% |
| Operating cash flow (approximation) | €-1k | €-411 | ▲ 61.8% |
| Investment in fixed assets (approximation) | - | €-438 | - |
| Change in cash | - | €0 | - |
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
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Etterbeek · 1 establishment unit since 2023
Ground area
296 m²
Building footprint
199 m²
Volume, LiDAR
2,966 m³
Parcel 21364B0194/00D006, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
39
companies at this address
See who is registered here
1 establishment unit
BFE GROUP
since 20232.347.064.260
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0194/00D006 | Brussels | 296 m² | 1 · 199 m² | 18.3 m · 5 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 757 companies in sector 13300 we hold annual accounts for 160. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
13300Finishing of textiles
18120Other printing
63910Web portal activities
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.