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BGIM

Active
Private limited companyfounded 2015active for 10 yearsQuai du Condroz 20, 4020 Liège, BelgiumKBO/BCE: BE 0642.805.043
Summary

BGIM has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,237 and a net result of -€22,272. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 39% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-11-2015 Normal situation
Activity
Buying and selling of own real estate NACE 68110
Establishment units
2.247.811.286 4020 Liège, since 10-11-2015
2.374.116.867 4000 Liège, since 01-06-2025
Financial year end
31 December
Peppol
Reachable since 03-11-2025

Board and ownership

Board
  • BÜSCH ConsultingDirector · since 10-11-2015
  • Catherine GAVAGEDirector · since 13-07-2016
Shareholders

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
-€17,566
▲ 83.7%
Loss
€22,272
▼ 81.0%
Equity
€92,237
▼ 19.5%
Total assets
€460,271
▲ 131%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSize: total assets €460,271Sector: Real estate activities (NACE 68)Liquidity: current ratio 1314.28, cash €118,241Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 45-38
equity 20.0% of total assets
Liquidity 82+30
short-term debt 0.1% · cash 25.7%
Profitability 13+13
return on assets -4.8%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 1.0% 01-2025: 0.5%▼ -0.5 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.8%▼ -0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -1.1 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Short-term debt is 0.1% and cash 25.7% of total assets. 80% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 40% of them on solvency, 87% on liquidity, 15% on profitability and 21% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €460,271
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 1314.28, cash €118,241
NBB · annual accounts
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
1819202122232425
2018 to 2025 · latest year -€22,272
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
on the day
2022
7 days late
2021
3 days early
2020
11 days late
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€22,272 View
  • Positive: Result rose in 2025from -€116,967 to -€22,272 ▲ 81.0% View

Recent changes

  1. · Gazette deed Reappointments: BÜSCH CONSULTING (director) and Catherine GAVAGE (director)Legal-form conversion: from private limited company (pre-2019) to private limited company
  2. · Gazette deed Registered office moved within LiègeNew seat: Quai du Condroz 20, 4020 LIEGE · Previous seat: rue du Batty 31, 4000 LIEGE · Permanent representative: BUSCH Bruno
  3. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as BGIM: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €422,000 and €588,000, founded between 2014 and 2016.

CompanyTotal assetsGross margin
BGIM Liège€460,271-€17,566
ATHENA HMW Liège€584,170-€28,278
IMMO ANS Neupré€482,508-€10,994
FM PROPERTIES Ans€588,167-€56,929
DUTAIL Gent€466,360-€455
YOS ESTATE Hasselt€421,555-€10,479
INTEGRA INVEST Alken Alken€524,638-€1,211
Full comparison

Key facts about BGIM

What is the company number of BGIM?
The company number of BGIM is 0642.805.043. The VAT number is the same number with BE in front: BE 0642.805.043.
Where is BGIM based?
The registered office is at Quai du Condroz 20, 4020 Liège.Company details
What does BGIM do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of BGIM?
The legal form of BGIM is Private limited company (BV).
When was BGIM founded?
BGIM was founded on 10-11-2015.
Is BGIM still active?
Yes, BGIM is an active enterprise in the KBO register.
What is the turnover of BGIM?
The annual accounts for financial year 2025 state no turnover.Financials
Is BGIM profitable?
In financial year 2025, BGIM made a loss of €22,272.
Where can I find the annual accounts of BGIM?
BGIM filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BGIM due?
BGIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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