BFIVE
BFIVE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €4.91M and a net result of €527k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 666 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.91M |
| Net result | €527k |
| Better than sector | 78% |
| Active | 4 yrs |
Strong profile, led by stability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.8% | 44.6% | |
| Net result | €527k | €52k | |
| Equity | €4.91M | €1.29M | |
| Total assets | €6.08M | €5.48M |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €527k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €100k |
| Dividends | €120k |
| Total assets | €6.08M |
| Equity | €4.91M |
| Debt | €1.17M |
| of which ≤ 1y | €406k |
| of which > 1y | €760k |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 80.8% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 8.7% |
| ROE | 10.7% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.08M |
| Fixed assets | 21/28 | €5.40M |
| Financial fixed assets | 28 | €5.40M |
| Current assets | 29/58 | €681k |
| Amounts receivable within one year | 40/41 | €675k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.08M |
| Equity | 10/15 | €4.91M |
| Contributions / capital | 10/11 | €4.35M |
| Reserves | 13 | €435k |
| Accumulated profits (losses) | 14 | €130k |
| Amounts payable | 17/49 | €1.17M |
| Amounts payable after one year | 17 | €760k |
| Amounts payable within one year | 42/48 | €406k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Turnover | 70 | €497k |
| Operating result | 9901 | €493k |
| Financial income | 75 | €160k |
| Financial charges | 65 | €26k |
| Result before taxes | 9903 | €627k |
| Income taxes | 67/77 | €100k |
| Net result for the period | 9904 | €527k |
| Result to be appropriated | 9905 | €527k |
| NACE primary | Financial services(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 10-02-2022 |
| Status | Active |
| Postal code | 1300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0120/00A000 | Wallonia | 5,123 m² | 1 · 2,571 m² | 8.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-01-2026 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0781.835.737",
"name_full": "BFIVE",
"legal_form": "SA"
}
}31-10-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-10-31",
"filing_date": "2025-10-22",
"act_kind_objet": "Projet de fusion"
},
"key_dates": [
{
"date": "2025-10-22",
"label": "Date de d\u00E9p\u00F4t au greffe"
},
{
"date": "2022-02-10",
"label": "Date de constitution de la soci\u00E9t\u00E9 BFIVE"
},
{
"date": "2000-07-07",
"label": "Date de constitution de la soci\u00E9t\u00E9 PAPYO"
},
{
"date": "2025-09-01",
"label": "Date \u00E0 partir de laquelle les op\u00E9rations de la soci\u00E9t\u00E9 absorb\u00E9e sont consid\u00E9r\u00E9es comme accomplies pour le compte de la soci\u00E9t\u00E9 absorbante"
}
],
"key_parties": [
{
"kbo": "0781835737",
"kind": "org",
"name": "BFIVE",
"role": "Absorbante"
},
{
"kbo": "0472370796",
"kind": "org",
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"role": "Absorb\u00E9e"
}
],
"key_amounts_eur": [],
"subject_company": {
"kbo": "0781.835.737",
"name_full": "BFIVE",
"legal_form": "SA"
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal"
}14-02-2022 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "1300 Wavre, Avenue V\u00E9sale 2",
"schema": "v3.2",
"act_meta": {
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1962-11-19",
"name": "Philippe Jean Jacques Ghislain BEAUTHIER",
"niss": null,
"address": "1653 Beersel, Bruineputstraat 50"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
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"holder_person_name": "Philippe Jean Jacques Ghislain BEAUTHIER",
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"n_shares_subscribed": 1529221,
"amount_subscribed_eur": 2173500.0,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1988-09-02",
"name": "Beno\u00EEt Bernard Martin Ghislain BEAUTHIER",
"niss": null,
"address": "B-1060 Saint-Gilles, rue de la Glaci\u00E8re 27 RC"
},
"share_class": "B",
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"holder_person_name": "Beno\u00EEt Bernard Martin Ghislain BEAUTHIER",
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},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1994-06-11",
"name": "France Simone Bernadette Ghislaine BEAUTHIER",
"niss": null,
"address": "B-1200 Woluw\u00E9-Saint-Lambert, Avenue des Cerisiers 134 boite 5"
},
"share_class": "B",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
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"holder_person_name": "France Simone Bernadette Ghislaine BEAUTHIER",
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{
"org": null,
"kind": "natural_person",
"person": {
"dob": "2000-05-11",
"name": "Arnaud Paul Louis Ghislain BEAUTHIER",
"niss": null,
"address": "B-1060 Saint-Gilles, rue de la Glaci\u00E8re 27 RC"
},
"share_class": "B",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "in_kind",
"amount_paid_in_eur": 0.0,
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"n_shares_subscribed": 493342,
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},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1962-04-03",
"name": "V\u00E9ronique Marthe Marie Louise VEKEMAN",
"niss": null,
"address": "1060 Saint-Gilles, rue de la Glaci\u00E8re 27 RC"
},
"share_class": "B",
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"holder_org_kbo": null,
"holder_org_name": null,
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"holder_person_name": "V\u00E9ronique Marthe Marie Louise VEKEMAN",
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"n_shares_subscribed": 49195,
"amount_subscribed_eur": 69921.42,
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}
],
"capital_eur": 4347000.0,
"subject_company": {
"kbo": "0781.835.737",
"name_full": "BFIVE",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2022-02-10",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BFIVE |