BG & KO
ActiveSummary
The annual accounts of BG & KO for fiscal year 2025 show a net loss of 358% of total assets and of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-151k. Equity is growing by ~54.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 31791 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-48
Solvency53▼-47
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days 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 tight (current ratio 1.14 against 47.69 in 2024; short-term debt: 72.3% and cash: 41.8% of total assets), and 72.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2025Solvency, return and age of the figures
Solvency
27.7%
Return on assets
-357.7%
Age of the figures
9 mo
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
on the day
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 92.8%
2024 · €163k
2019: €-16klowest in 7 years
2020: €36k▲ +325% vs 2019
2021: €58k▲ +62.3% vs 2020
2022: €115k▲ +98.1% vs 2021
2023: €142k▲ +23.6% vs 2022
2024: €163k▲ +14.9% vs 2023highest in 7 years
2025: €12k▼ -92.8% vs 2024
2019 → 2025
Total assets
€42k▼ 74.6%
2024 · €166k
2019: €22klowest in 7 years
2020: €61k▲ +179% vs 2019
2021: €77k▲ +27.6% vs 2020
2022: €140k▲ +81.0% vs 2021
2023: €186k▲ +32.7% vs 2022highest in 7 years
2024: €166k▼ -10.7% vs 2023
2025: €42k▼ -74.6% vs 2024
2019 → 2025
Net result
€-151k
2024 · €21k
2019: €-22k
2020: €51k▲ +334% vs 2019
2021: €22k▼ -56.9% vs 2020
2022: €57k▲ +155% vs 2021highest in 7 years
2023: €15k▼ -74.2% vs 2022
2024: €21k▲ +44.8% vs 2023
2025: €-151k▼ -814% vs 2024lowest in 7 years
2019 → 2025
Working capital
€4k▼ 97.3%
2024 · €153k
2019: €-23klowest in 7 years
2020: €31k▲ +236% vs 2019
2021: €55k▲ +76.7% vs 2020
2022: €113k▲ +105% vs 2021
2023: €140k▲ +23.9% vs 2022
2024: €153k▲ +9.5% vs 2023highest in 7 years
2025: €4k▼ -97.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€115k▲ 98.1%€142k▲ 23.6%€163k▲ 14.9%€12k▼ 92.8%
2021: €58k
2022: €115k▲ +98.1% vs 2021
2023: €142k▲ +23.6% vs 2022
2024: €163k▲ +14.9% vs 2023highest in 5 years
2025: €12k▼ -92.8% vs 2024lowest in 5 years
Operating result€30k-€108k▲ 260%€68k▼ 36.6%€105k▲ 54.1%€-88k
2021: €30k
2022: €108k▲ +260% vs 2021highest in 5 years
2023: €68k▼ -36.6% vs 2022
2024: €105k▲ +54.1% vs 2023
2025: €-88k▼ -184% vs 2024lowest in 5 years
Net result€22k-€57k▲ 155%€15k▼ 74.2%€21k▲ 44.8%€-151k
2021: €22k
2022: €57k▲ +155% vs 2021highest in 5 years
2023: €15k▼ -74.2% vs 2022
2024: €21k▲ +44.8% vs 2023
2025: €-151k▼ -814% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €88k after €105k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€7k ▼ 22.2%
Current assets
€35k ▼ 77.8%
Equity and liabilities €42k
Equity
€12k ▼ 92.8%
Debt
€31k ▲ 832%
Debt's share of the balance-sheet total rises from 2.0% to 72.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-86k▼
2024 · €108k
Cash flow
€-149k▼
2024 · €23k
Current ratio
1.14▼
2024 · 47.69
Debt to equity
2.61▲
2024 · 0.02
ROA
-357.7%▼
2024 · 12.7%
Interest coverage
-1.36▼
2024 · 1.60
Debt ≤ 1 year
€31k▲
2024 · €3k
Income taxes
€365▼
2024 · €10k
Staff costs
€43k
A ratio outside any meaningful range has been withheld (balance sheet total €42k, equity €12k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€166k€42k▼
Formation expenses20€960€712▼
Fixed assets21/28€9k€7k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€9k€7k▼
Furniture and vehicles24€9k€7k▼
Financial fixed assets28-€272
Current assets29/58€156k€35k▼
Amounts receivable within one year40/41€77k€12k▼
Trade receivables40€40k€2k▼
Other amounts receivable41€37k€9k▼
Current investments50/53-€4k
Cash at bank and in hand54/58€78k€18k▼
Deferred charges and accrued income490/1€1k€750▼
Equity and liabilities
Total equity and liabilities10/49€166k€42k▼
Equity10/15€163k€12k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€144k€-7k▼
Amounts payable17/49€3k€31k▲
Amounts payable within one year42/48€3k€31k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€777€12k▲
Taxes450/3€777€6k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€3k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€43k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€340€320▼
Gross operating margin9900€108k€-43k▼
Operating profit (loss)9901€105k€-88k▼
Financial income75/76B€3k€675▼
Recurring financial income75€3k€675▼
Financial charges65/66B€77k€63k▼
Recurring financial charges65€67k€63k▼
Non-recurring financial charges66B€10k-
Profit (loss) for the period before taxes9903€31k€-151k▼
Income taxes67/77€10k€365▼
Profit (loss) for the period9904€21k€-151k▼
Profit (loss) for the period to be appropriated9905€21k€-151k▼
Appropriation of the result
Profit (loss) to be appropriated9906€144k€-7k▼
Profit (loss) brought forward from the previous period14P€123k€144k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €43k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €1k | €2k | €2k | ▲ 16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-502 | - | - | - | - | - |
| Other operating charges640/8 | €245 | €249 | €3k | €340 | €320 | ▼ 6.0% |
| Gross operating margin9900 | €32k | €111k | €73k | €108k | €-43k | ▼ 140% |
| Operating profit (loss)9901 | €30k | €108k | €68k | €105k | €-88k | ▼ 184% |
| Financial income75/76B | €10 | €2 | €174 | €3k | €675 | ▼ 77.7% |
| Recurring financial income75 | €10 | €2 | €174 | €3k | €675 | ▼ 77.7% |
| Financial charges65/66B | €154 | €35k | €47k | €77k | €63k | ▼ 18.5% |
| Recurring financial charges65 | €154 | €35k | €47k | €67k | €63k | ▼ 6.1% |
| Non-recurring financial charges66B | - | - | - | €10k | - | - |
| Profit (loss) for the period before taxes9903 | €30k | €73k | €21k | €31k | €-151k | ▼ 583% |
| Income taxes67/77 | €8k | €16k | €7k | €10k | €365 | ▼ 96.4% |
| Profit (loss) for the period9904 | €22k | €57k | €15k | €21k | €-151k | ▼ 814% |
| Profit (loss) for the period to be appropriated9905 | €22k | €57k | €15k | €21k | €-151k | ▼ 814% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77k | €140k | €186k | €166k | €42k | ▼ 74.6% |
| Formation expenses20 | €312 | €62 | €1k | €960 | €712 | ▼ 25.8% |
| Fixed assets21/28 | €3k | €2k | €697 | €9k | €7k | ▼ 22.2% |
| Intangible fixed assets21 | €375 | €75 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €2k | €2k | €697 | €9k | €7k | ▼ 25.3% |
| Furniture and vehicles24 | €2k | €2k | €697 | €9k | €7k | ▼ 25.3% |
| Financial fixed assets28 | - | - | - | - | €272 | - |
| Current assets29/58 | €75k | €138k | €184k | €156k | €35k | ▼ 77.8% |
| Amounts receivable within one year40/41 | €58k | €84k | €97k | €77k | €12k | ▼ 84.5% |
| Trade receivables40 | €36k | €52k | €69k | €40k | €2k | ▼ 93.8% |
| Other amounts receivable41 | €22k | €32k | €28k | €37k | €9k | ▼ 74.5% |
| Current investments50/53 | - | - | - | - | €4k | - |
| Cash at bank and in hand54/58 | €17k | €41k | €87k | €78k | €18k | ▼ 77.4% |
| Deferred charges and accrued income490/1 | - | €14k | €275 | €1k | €750 | ▼ 45.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77k | €140k | €186k | €166k | €42k | ▼ 74.6% |
| Equity10/15 | €58k | €115k | €142k | €163k | €12k | ▼ 92.8% |
| Contributions10/11 | €6k | €6k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €52k | €108k | €123k | €144k | €-7k | ▼ 105% |
| Amounts payable17/49 | €20k | €25k | €44k | €3k | €31k | ▲ 832% |
| Amounts payable within one year42/48 | €20k | €25k | €44k | €3k | €31k | ▲ 832% |
| Trade debts44 | €0 | €935 | €16k | - | €2k | - |
| Suppliers440/4 | €0 | €935 | €16k | - | €2k | - |
| Taxes, remuneration and social security45 | €18k | €22k | €25k | €777 | €12k | ▲ 1,434% |
| Taxes450/3 | €18k | €22k | €25k | €777 | €6k | ▲ 634% |
| Remuneration and social security454/9 | - | - | - | - | €6k | - |
| Other amounts payable47/48 | €2k | €2k | €3k | €3k | €16k | ▲ 546% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €57k | €15k | €21k | €-151k | ▼ 814% |
| + Depreciation and write-downs630 | €2k | €2k | €1k | €2k | €2k | ▲ 16.8% |
| Operating cash flow (approximation) | €24k | €59k | €16k | €23k | €-149k | ▼ 739% |
| Investment in fixed assets (approximation) | - | €-2k | €-93 | €-10k | €-520 | ▲ 94.9% |
| Change in cash | - | €24k | €46k | €-9k | €-60k | ▼ 610% |
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
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-151k
Net result drops to €-151k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 11current ratio 47.69
Current ratio from 4.16 to 47.69; short-term debt falls from €44k to €3k.
31-12
Financial
Equity above €150kEq €163k ▲14.9%
5 profitable years in a row build equity to €163k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2019net €57k ▲155%
Operating result €108k, net result €57k, both a record.
31-12
Financial
Equity above €100kEq €115k ▲98.1%
3 profitable years in a row build equity to €115k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 2.24
Current ratio from 0.39 to 2.24; short-term debt falls from €38k to €25k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudergem · 1 establishment unit since 2018
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.
G. E. Lebonlaan 941160 Oudergem1 establishment unit
G. E. Lebonlaan 94, 1160 Oudergem
since 20182.277.055.204
Recognitions · licences · registrations
Legal Entity Identifier
254900T6FAFV1ILMWP43
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 24,703 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
Founded30-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.