BG RETAIL

Active

Private limited companyfounded 20196 yrs activePostweg 96, 1602 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0735.715.504

The computed 12-month bankruptcy probability of BG RETAIL is 1.7% (moderate). The 2024 annual accounts show equity of €435k and a net result of €126k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 44% of 9623 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

68 / 100

Healthy

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

Axes · tick = 2023

Profitability81▲+12

Solvency58▲+9

Growth52▲+20

Track record100

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity tight (current ratio 1.3 against 1.08 in 2023; short-term debt: 45.8% and cash: 30.3% of total assets), and 67.1% 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

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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

2021222324

2020 to 2024 · latest year €435k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

7 d late

2022

6 d early

2021

34 d early

2020

9 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, abbreviated schema

Equity

€435k▲ 40.7%

2023 · €310k

2020: €376k 2021: €441k 2022: €274k 2023: €310k

2020 → 2024

Total assets

€1.32M▲ 4.2%

2023 · €1.27M

2020: €1.60M 2021: €1.63M 2022: €1.42M 2023: €1.27M

2020 → 2024

Net result

€126k▲ 251%

2023 · €36k

2020: €236k 2021: €65k 2022: €-167k 2023: €36k

2020 → 2024

Working capital

€180k▲ 289%

2023 · €46k

2020: €107k 2021: €131k 2022: €-11k 2023: €46k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€376k-€441k▲ 17.3%€274k▼ 37.9%€310k▲ 13.1%€435k▲ 40.7%

Operating result€354k-€84k▼ 76.4%€-169k€1k€171k▲ 14,811%

Net result€236k-€65k▼ 72.4%€-167k€36k€126k▲ 251%

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

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14,811% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.32M

40.6%

59.4%

Fixed assets €536k▼ 13.6%

Current assets €786k▲ 21.3%

Equity and liabilities €1.32M

32.9%

67.1%

Equity €435k▲ 40.7%

Debt €887k▼ 7.6%

The debt ratio falls from 75.6% to 67.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€289k▲

2023 · €117k

Cash flow

€244k▲

2023 · €152k

Solvency

32.9%▲

2023 · 24.4%

Current ratio

1.30▲

2023 · 1.08

Quick ratio

0.89▲

2023 · 0.70

Debt / equity

2.04▼

2023 · 3.10

ROE

28.9%▲

2023 · 11.6%

ROA

9.5%▲

2023 · 2.8%

Interest coverage

8.61▲

2023 · 5.55

Debt

€887k▼

2023 · €960k

Debt ≤ 1 year

€606k▲

2023 · €602k

Debt > 1 year

€268k▼

2023 · €358k

Income taxes

€-3k▼

2023 · €9k

Staff costs

€432k▼

2023 · €460k

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€1.27M€1.32M▲

Formation expenses20€700-

Fixed assets21/28€621k€536k▼

Intangible fixed assets21€584k€484k▼

Tangible fixed assets22/27€37k€51k▲

Plant, machinery and equipment23€32k€29k▼

Furniture and vehicles24€5k€4k▼

Other tangible fixed assets26-€18k

Financial fixed assets28-€2k

Current assets29/58€648k€786k▲

Stocks and contracts in progress3€226k€246k▲

Stocks30/36€226k€246k▲

Amounts receivable within one year40/41€83k€127k▲

Trade receivables40€27k€42k▲

Other amounts receivable41€56k€86k▲

Cash at bank and in hand54/58€337k€401k▲

Deferred charges and accrued income490/1€3k€12k▲

Equity and liabilities

Total equity and liabilities10/49€1.27M€1.32M▲

Equity10/15€310k€435k▲

Contributions10/11€210k€210k=

Reserves13€99k€225k▲

Distributable reserves133€99k€225k▲

Amounts payable17/49€960k€887k▼

Amounts payable after more than one year17€358k€268k▼

Financial debts170/4€358k€268k▼

Amounts payable within one year42/48€602k€606k▲

Current portion of amounts payable after more than one year42€89k€90k▲

Trade debts44€452k€395k▼

Suppliers440/4€452k€395k▼

Taxes, remuneration and social security45€61k€73k▲

Taxes450/3€5€9k▲

Remuneration and social security454/9€61k€64k▲

Other amounts payable47/48€98€49k▲

Accrued charges and deferred income492/3-€12k

Income statement Code20232024

Remuneration, social security and pensions62€460k€432k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€118k▲

Other operating charges640/8€6k€3k▼

Gross operating margin9900€583k€724k▲

Operating profit (loss)9901€1k€171k▲

Financial income75/76B€65k€819▼

Recurring financial income75€65k€819▼

Financial charges65/66B€21k€49k▲

Recurring financial charges65€21k€34k▲

Non-recurring financial charges66B-€15k

Profit (loss) for the period before taxes9903€45k€123k▲

Income taxes67/77€9k€-3k▼

Profit (loss) for the period9904€36k€126k▲

Profit (loss) for the period to be appropriated9905€36k€126k▲

Appropriation of the result

Profit (loss) to be appropriated9906€36k€126k▲

Transfer to equity691/2€36k€126k▲

To other reserves6921€36k€126k▲

Social balance

Average headcount (FTE)908713.913.2▼

The notes to these accounts (14 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 7Financial 2Filings 5

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 29 days late

2024

07-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 7 days late

2023

31-12

Financial Back to profitnet €36k

Net result €36k after one loss-making year.

25-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Weakest financial yearnet €-167k ▼357%

Net result drops to €-167k, the lowest in the series; recovery starts the following year.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

22-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Pieters-Leeuw · 1 establishment unit since 2019

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.

Postweg 961602 Sint-Pieters-Leeuw

Ground area

2,023 m²

Building footprint

1,004 m²

Volume, LiDAR

3,287 m³

Parcel 23089B0164/00D000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

BG RETAIL

Postweg 96, 1602 Sint-Pieters-LeeuwSupermarkets

since 20192.294.699.801

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23089B0164/00D000	Flanders	2,023 m²	1 · 1,004 m²	5.3 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 3 entries · 2,078 EUR awarded · 1,924 EUR paid

Year	Entries	awarded	paid
2023	2	1,578 EUR	1,424 EUR
2022	1	500 EUR	500 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 1,078 EUR · 924 EUR paid · Fonds voor Innoveren en Ondernemen

Stagebonus (stopgezet)

2 entries · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site

Sint-Pieters-Leeuw2.294.699.801

1 permission

Toelating · Detailhandel met verwerking · since 28-02-2020

Dual-learning approval

3 live approvals · 4 ended

Onthaal, organisatie en sales duaal (so)

Goedgekeurd · 2025 to 2030

Winkelmedewerker (vwo)

Goedgekeurd · 2022 to 2027

Winkelmedewerker duaal (so)

Goedgekeurd · 2022 to 2027

Similar companies · same sector, comparable size

Kampenhout · Eq €436k

Heuvelland · Eq €434k

Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 3,330 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded04-10-2019

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47114Supermarkets

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.