BG Accountancy

Active

Private limited companyfounded 20233 yrs activeKerkstraat 359, 8370 Blankenberge, BelgiumKBO/BCE: BE 0804.872.148

BG Accountancy has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €34k. Its solvency ranks better than 31% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

77 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+48

Solvency64▼-11

Growth78

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity tight (current ratio 1.26; short-term debt: 61.1% and cash: 30.5% of total assets), and 61.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

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

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 2024

Solvency, return and age of the figures

Solvency

38.9%

Return on assets

37.1%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

43 d early

2023

46 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€36k▲ 2,007%

2023 · €2k

2023: €2k

2023 → 2024

Total assets

€92k▲ 2,585%

2023 · €3k

2023: €3k

2023 → 2024

Net result

€34k▲ 17,640%

2023 · €191

2023: €191

2023 → 2024

Working capital

€15k▲ 767%

2023 · €2k

2023: €2k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€2k-€36k▲ 2,007%

Operating result€271-€46k▲ 16,760%

Net result€191-€34k▲ 17,640%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 16,760% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €92k

22.9%

77.1%

Fixed assets €21k

Current assets €71k

Equity and liabilities €92k

38.9%

61.1%

Equity €36k▲ 2,007%

Debt €56k▲ 3,154%

The debt ratio rises from 50.4% to 61.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€49k

Cash flow

€37k

Solvency

38.9%

Current ratio

1.26

Quick ratio

1.26

Debt / equity

1.57

ROE

95.3%

ROA

37.1%

Interest coverage

594.91

Debt

€56k▲

2023 · €2k

Debt ≤ 1 year

€56k▲

2023 · €2k

Income taxes

€12k▲

2023 · €64

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€3k€92k▲

Fixed assets21/28-€21k

Tangible fixed assets22/27-€21k

Plant, machinery and equipment23-€21k

Current assets29/58€3k€71k▲

Amounts receivable within one year40/41€2k€43k▲

Trade receivables40€2k€43k▲

Cash at bank and in hand54/58€990€28k▲

Equity and liabilities

Total equity and liabilities10/49€3k€92k▲

Equity10/15€2k€36k▲

Contributions10/11€2k€2k=

Reserves13€191€34k▲

Distributable reserves133€191€34k▲

Amounts payable17/49€2k€56k▲

Amounts payable within one year42/48€2k€56k▲

Trade debts44€384€891▲

Suppliers440/4€384€891▲

Taxes, remuneration and social security45€233€3k▲

Taxes450/3€233€3k▲

Other amounts payable47/48€1k€52k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k

Other operating charges640/8€759€1k▲

Gross operating margin9900€1k€50k▲

Operating profit (loss)9901€271€46k▲

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€16€82▲

Recurring financial charges65€16€82▲

Profit (loss) for the period before taxes9903€255€46k▲

Income taxes67/77€64€12k▲

Profit (loss) for the period9904€191€34k▲

Profit (loss) for the period to be appropriated9905€191€34k▲

Appropriation of the result

Profit (loss) to be appropriated9906€191€34k▲

Transfer to equity691/2€191€34k▲

To other reserves6921€191€34k▲

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

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Timeline · acts, filings and financial milestones

All 3Gazette 1Filings 2

2026

06-08

State Gazette act Incorporation · Founding capital

Bank account · Corporate purpose · Jean-Louis Sabbe

2025

18-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

15-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

State Gazette actNBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

13-02-2026 Resigned as Director

Location & real-estate footprint

Registered office, Blankenberge · 1 establishment unit since 2023

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kerkstraat 3598370 Blankenberge

Ground area

1,567 m²

Building footprint

478 m²

Volume, LiDAR