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BG IMMO

Active
Private limited companyfounded 20242 yrs activeRue Henri Lecocq 47, 5000 Namur, BelgiumKBO/BCE: BE 1004.297.814
Summary

The computed 12-month bankruptcy probability of BG IMMO is 3.6% (moderate). The 2025 annual accounts show equity of €15,752 and a net result of -€1,746. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability11▲+11
Solvency83▼-17
Growth58
Track record82
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.22 against 1.16 in 2024; short-term debt: 41.6% and cash: 9.1% of total assets), and 41.7% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
58.3%
Return on assets
-6.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
2425
2024 to 2025 · latest year -€1,746
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
86 d early
2024
71 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 79 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
30-09-2026 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 5 January 2024, BG IMMO was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Turnover
€13,435
EBIT margin
-99.7%
Net result
-€1,746▲ 82.0%
2024 · -€9,714
Working capital
-€8,806
2024 · €957
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Turnover€13,435-
Operating result-€13,401--€1,523▲ 88.6%
Net result-€9,714--€1,746▲ 82.0%
EBIT margin-99.7%-
Equity€17,498-€15,752▼ 10.0%
Total assets€23,387-€27,032▲ 15.6%
Debt€5,889-€11,280▲ 91.5%
Working capital€957--€8,806
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2024: -€13,401-€13,401Net result 2024: -€9,714-€9,714Operating result 2025: -€1,523-€1,523Net result 2025: -€1,746-€1,74620242025-€15,000-€10,000-€5,000€0Operating result 2024: -€13,401-€13,400Net result 2024: -€9,714-€9,710Operating result 2025: -€1,523-€1,520Net result 2025: -€1,746-€1,75020242025
The operating result stays negative: a loss of €1,523 in 2025 against €13,401 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,032
Fixed assets €24,580 ▲ 48.6%
Current assets €2,452 ▼ 64.2%
Equity and liabilities €27,032
Equity €15,752 ▼ 10.0%
Debt €11,280 ▲ 91.5%
Debt's share of the balance-sheet total rises from 25.2% to 41.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€712
Cash flow
-€935
Current ratio
0.22▼
2024 · 1.16
Debt to equity
0.72▲
2024 · 0.34
ROE
-11.1%▲
2024 · -55.5%
ROA
-6.5%▲
2024 · -41.5%
Interest coverage
-3.19
Debt ≤ 1 year
€11,258▲
2024 · €5,889
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
92% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 2,146 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€23,387€27,032▲
Fixed assets21/28€16,542€24,580▲
Tangible fixed assets22/27€16,542€24,580▲
Land and buildings22€16,542€16,542=
Other tangible fixed assets26-€8,038
Current assets29/58€6,845€2,452▼
Cash at bank and in hand54/58€6,320€2,452▼
Deferred charges and accrued income490/1€526-
Equity and liabilities
Total equity and liabilities10/49€23,387€27,032▲
Equity10/15€17,498€15,752▼
Contributions10/11€27,212€27,212=
Profit (loss) carried forward14-€9,714-€11,460▼
Amounts payable17/49€5,889€11,280▲
Amounts payable within one year42/48€5,889€11,258▲
Trade debts44€5,889€1,258▼
Suppliers440/4€5,889€1,258▼
Other amounts payable47/48-€10,000
Accrued charges and deferred income492/3-€22
Income statement Code20242025
Turnover70€13,435-
Goods, raw materials, services and sundry goods60/61€9,277-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€811
Other operating charges640/8€5,443€4,887▼
Non-recurring operating charges66A€12,115-
Gross operating margin9900€4,157€4,175▲
Operating profit (loss)9901-€13,401-€1,523▲
Financial income75/76B€4,097-
Recurring financial income75€0-
Non-recurring financial income76B€4,096-
Financial charges65/66B€27€223▲
Recurring financial charges65€27€223▲
Profit (loss) for the period before taxes9903-€9,331-€1,746▲
Income taxes67/77€383-
Profit (loss) for the period9904-€9,714-€1,746▲
Profit (loss) for the period to be appropriated9905-€9,714-€1,746▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,714-€11,460▼
Profit (loss) brought forward from the previous period14P--€9,714

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

Line20242025Change
Turnover70€13,435--
Goods, raw materials, services and sundry goods60/61€9,277--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€811-
Other operating charges640/8€5,443€4,887▼ 10.2%
Non-recurring operating charges66A€12,115--
Gross operating margin9900€4,157€4,175▲ 0.4%
Operating profit (loss)9901-€13,401-€1,523▲ 88.6%
Financial income75/76B€4,097--
Recurring financial income75€0--
Non-recurring financial income76B€4,096--
Financial charges65/66B€27€223▲ 732%
Recurring financial charges65€27€223▲ 732%
Profit (loss) for the period before taxes9903-€9,331-€1,746▲ 81.3%
Income taxes67/77€383--
Profit (loss) for the period9904-€9,714-€1,746▲ 82.0%
Profit (loss) for the period to be appropriated9905-€9,714-€1,746▲ 82.0%
Line20242025Change
Assets
Total assets20/58€23,387€27,032▲ 15.6%
Fixed assets21/28€16,542€24,580▲ 48.6%
Tangible fixed assets22/27€16,542€24,580▲ 48.6%
Land and buildings22€16,542€16,542=
Other tangible fixed assets26-€8,038-
Current assets29/58€6,845€2,452▼ 64.2%
Cash at bank and in hand54/58€6,320€2,452▼ 61.2%
Deferred charges and accrued income490/1€526--
Equity and liabilities
Total equity and liabilities10/49€23,387€27,032▲ 15.6%
Equity10/15€17,498€15,752▼ 10.0%
Contributions10/11€27,212€27,212=
Profit (loss) carried forward14-€9,714-€11,460▼ 18.0%
Amounts payable17/49€5,889€11,280▲ 91.5%
Amounts payable within one year42/48€5,889€11,258▲ 91.2%
Trade debts44€5,889€1,258▼ 78.6%
Suppliers440/4€5,889€1,258▼ 78.6%
Other amounts payable47/48-€10,000-
Accrued charges and deferred income492/3-€22-
Line20242025Change
Profit (loss) for the period9904-€9,714-€1,746▲ 82.0%
+ Depreciation and write-downs630-€811-
Operating cash flow (approximation)-€9,714-€935▲ 90.4%
Investment in fixed assets (approximation)--€8,849-
Change in cash--€3,868-

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
06-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Namur · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
1,783 m²
Volume, LiDAR
15,855 m³
Parcel 92302G0564/00Y000, Wallonia · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
BG Immo
Rue Henri Lecocq 47, 5000 NamurOther financial services
since 20242.357.148.005
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92302G0564/00Y000 Wallonia 1.4 ha 1 · 1,783 m² 14.9 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded05-01-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004297814
Also 9925:BE1004297814
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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