BGC Enrobé
ActiveThe computed 12-month bankruptcy probability of BGC Enrobé is 3.7% (moderate). The 2025 annual accounts show negative equity (€-19k) and a net result of €-23k. Equity is shrinking by ~114.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 982 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-89
Solvency0▼-32
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.39 against 0.7 in 2024; short-term debt: 172.8% and cash: 25.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-72.8%
Return on assets
-90.6%
Age of the figures
18 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
222425
2022 to 2025 · latest year €-19k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 19-09-2025, 42 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
42 d early
2024
36 d early
2022
318 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-19k
2024 · €5k
2022: €8k
2024: €5k
2022 → 2025
Total assets
€26k▼ 58.8%
2024 · €63k
2022: €100k
2024: €63k
2022 → 2025
Net result
€-23k
2024 · €10k
2022: €233
2024: €10k
2022 → 2025
Working capital
€-27k▼ 57.7%
2024 · €-17k
2022: €-11k
2024: €-17k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220242025Trend
Equity€8k-€5k▼ 40.5%€-19k
Operating result€2k-€11k▲ 449%€-23k
Net result€233-€10k▲ 4,285%€-23k
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 €23k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€8k▼ 61.2%
Current assets
€17k▼ 57.6%
Key figures and ratios
EBITDA
€-10k▼
2024 · €24k
Cash flow
€-10k▼
2024 · €24k
Solvency
-72.8%▼
2024 · 7.4%
Current ratio
0.39▼
2024 · 0.70
Quick ratio
0.24▼
2024 · 0.70
Debt / equity
-2.37▼
2024 · 12.60
ROA
-90.6%▼
2024 · 16.3%
Interest coverage
-41.51▼
2024 · 46.03
Debt
€45k▼
2024 · €58k
Debt ≤ 1 year
€45k▼
2024 · €58k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€63k€26k▼
Fixed assets21/28€22k€8k▼
Tangible fixed assets22/27€22k€8k▼
Plant, machinery and equipment23€22k€8k▼
Current assets29/58€41k€17k▼
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€19k€3k▼
Trade receivables40€19k€3k▼
Other amounts receivable41€109€330▲
Cash at bank and in hand54/58€21k€7k▼
Deferred charges and accrued income490/1€622€427▼
Equity and liabilities
Total equity and liabilities10/49€63k€26k▼
Equity10/15€5k€-19k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-3k€-26k▼
Amounts payable17/49€58k€45k▼
Amounts payable within one year42/48€58k€45k▼
Current portion of amounts payable after more than one year42€13k-
Trade debts44€23k€22k▼
Suppliers440/4€23k€22k▼
Other amounts payable47/48€23k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€50-
Gross operating margin9900€24k€-10k▼
Operating profit (loss)9901€11k€-23k▼
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€525€234▼
Recurring financial charges65€525€234▼
Profit (loss) for the period before taxes9903€10k€-23k▼
Profit (loss) for the period9904€10k€-23k▼
Profit (loss) for the period to be appropriated9905€10k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-26k▼
Profit (loss) brought forward from the previous period14P€-13k€-3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-23k ▼328%
Net result drops to €-23k, the lowest in the series.
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2022net €10k ▲4285%
Operating result €11k, net result €10k, both a record.
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 318 days late
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, Lierneux · 1 establishment unit since 2020
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.
Arbrefontaine, Dessus le Mont 114990 Lierneux1 establishment unit
BGC Enrobé
since 20202.312.698.843
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2020
Fiscal year end31-03
Legal name FR
BGD Enrobé
Activities, NACEBEL
42110Construction of roads and motorways
42130Civil engineering
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filings
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.