BGIM
ActiveBGIM has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+13
Solvency45▼-38
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
short-term debt: 0.1% and cash: 25.7% of total assets, and 80% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
20%
Return on assets
-4.8%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-22k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
on the day
2022
7 d late
2021
3 d early
2020
11 d late
2019
3 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-22k▲ 81.0%
2024 · €-117k
2018: €-3k
2019: €-950
2020: €52k
2021: €76k
2022: €164k
2023: €-29k
2024: €-117k
2018 → 2025
Working capital
€456k▲ 130%
2024 · €198k
2018: €-179k
2019: €-174k
2020: €346k
2021: €381k
2022: €1.13M
2023: €1.60M
2024: €198k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€261k▲ 171%€231k▼ 11.1%€115k▼ 50.5%€92k▼ 19.5%
Operating result€105k-€233k▲ 121%€-11k€-115k▼ 982%€-20k▲ 83.0%
Net result€76k-€164k▲ 117%€-29k€-117k▼ 303%€-22k▲ 81.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €115k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460k
Fixed assets
€4k▲ 823%
Current assets
€457k▲ 130%
Equity and liabilities €460k
Equity
€92k▼ 19.5%
Debt
€368k▲ 336%
The debt ratio rises from 42.4% to 80.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-19k▲
2024 · €-114k
Cash flow
€-22k▲
2024 · €-116k
Solvency
20.0%▼
2024 · 57.6%
Debt / equity
3.99▲
2024 · 0.74
ROE
-24.1%▲
2024 · -102.1%
ROA
-4.8%▲
2024 · -58.8%
Interest coverage
-6.84▲
2024 · -50.97
Debt
€368k▲
2024 · €84k
Debt ≤ 1 year
€347▲
2024 · €202
Debt > 1 year
€368k▲
2024 · €84k
A ratio outside any meaningful range has been withheld (balance sheet total €460k, equity €92k).
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€199k€460k▲
Fixed assets21/28€390€4k▲
Tangible fixed assets22/27€390€4k▲
Furniture and vehicles24€390€4k▲
Current assets29/58€198k€457k▲
Amounts receivable after more than one year29-€304k
Trade receivables290-€304k
Amounts receivable within one year40/41€196k€32k▼
Trade receivables40-€20k
Other amounts receivable41€196k€12k▼
Cash at bank and in hand54/58€3k€118k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€199k€460k▲
Equity10/15€115k€92k▼
Contributions10/11€8k€8k=
Reserves13€106k€84k▼
Distributable reserves133€106k€84k▼
Profit (loss) carried forward14€449€177▼
Amounts payable17/49€84k€368k▲
Amounts payable after more than one year17€84k€368k▲
Other amounts payable178/9€84k€368k▲
Amounts payable within one year42/48€202€347▲
Trade debts44€189€281▲
Suppliers440/4€189€281▲
Taxes, remuneration and social security45€13€66▲
Taxes450/3€13€66▲
Accrued charges and deferred income492/3€305-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€885€727▼
Other operating charges640/8€6k€1k▼
Gross operating margin9900€-108k€-18k▲
Operating profit (loss)9901€-115k€-20k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-117k€-22k▲
Income taxes67/77€-5-
Profit (loss) for the period9904€-117k€-22k▲
Profit (loss) for the period to be appropriated9905€-117k€-22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-117k€-22k▲
Profit (loss) brought forward from the previous period14P€416€449▲
Transfer from equity791/2€117k€22k▼
The notes to these accounts (6 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
2026
31-08
State Gazette act
Director resignation · Director appointment
Permanent representative · Registered-office move
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-117k
Net result drops to €-117k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 42current ratio 983.73
Current ratio from 23.57 to 983.73; short-term debt falls from €71k to €202.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
31-12
Financial
Highest result since 2018net €164k ▲117%
Operating result €233k, net result €164k, both a record.
31-12
Financial
Equity above €200kEq €261k ▲171%
3 profitable years in a row build equity to €261k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
31-12
Financial
Back to profitnet €52k
Net result €52k after 2 loss-making years.
31-12
Financial
Liquidity times 35current ratio 22.16
Current ratio from 0.64 to 22.16; short-term debt falls from €482k to €16k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 2 establishment units since 2015
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.
Quai du Condroz 204020 LiègeGround area
1,942 m²
Building footprint
226 m²
Volume, LiDAR
1,704 m³
2 parcels, Wallonia · tallest building 15.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Quai du Condroz 20, 4020 Liège
since 20152.247.811.286
EasyClinic
since 20252.374.116.867
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0431/00Y029 | Wallonia | 1,808 m² | 1 · 112 m² | 15.4 m · 2 fl. |
| 62806E0406/00K000 | Wallonia | 134 m² | 1 · 114 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyBGIMBE 0642.805.043
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 3,659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2015
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.