Skip to content

BGLF

Active
Private limited companyfounded 20233 yrs activeAvenue Léonard Legras(SART) 13/A, 4845 Jalhay, BelgiumKBO/BCE: BE 0803.022.121
Summary

BGLF has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€13,710) and a net result of -€15,710. Its solvency ranks better than 5% of 19921 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24; short-term debt: 217% and cash: 44.9% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% 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 2024
Solvency, return and age of the figures
Solvency
-117%
Return on assets
-134%
Age of the figures
21 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 92 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

BGLF was incorporated on 22 June 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€13,710
Total assets
€11,722
Net result
-€15,710
Working capital
-€19,316

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

Balance-sheet composition
Assets €11,722
Fixed assets €5,606
Current assets €6,116
Key figures and ratios
2024 value
EBITDA
-€13,193
Cash flow
-€13,395
Solvency
-117.0%
Current ratio
0.24
Debt to equity
-1.85
ROA
-134.0%
Interest coverage
-495.60
Debt
€25,432
Debt ≤ 1 year
€25,432
Income taxes
€176

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€11,722
Fixed assets21/28€5,606
Tangible fixed assets22/27€5,606
Furniture and vehicles24€5,606
Current assets29/58€6,116
Cash at bank and in hand54/58€5,261
Deferred charges and accrued income490/1€856
Equity and liabilities
Total equity and liabilities10/49€11,722
Equity10/15-€13,710
Contributions10/11€2,000
Profit (loss) carried forward14-€15,710
Amounts payable17/49€25,432
Amounts payable within one year42/48€25,432
Trade debts44€5,747
Suppliers440/4€5,747
Taxes, remuneration and social security45€176
Taxes450/3€176
Other amounts payable47/48€19,510
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,315
Other operating charges640/8€772
Gross operating margin9900-€12,421
Operating profit (loss)9901-€15,508
Financial charges65/66B€27
Recurring financial charges65€27
Profit (loss) for the period before taxes9903-€15,535
Income taxes67/77€176
Profit (loss) for the period9904-€15,710
Profit (loss) for the period to be appropriated9905-€15,710
Appropriation of the result
Profit (loss) to be appropriated9906-€15,710

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,315
Other operating charges640/8€772
Gross operating margin9900-€12,421
Operating profit (loss)9901-€15,508
Financial charges65/66B€27
Recurring financial charges65€27
Profit (loss) for the period before taxes9903-€15,535
Income taxes67/77€176
Profit (loss) for the period9904-€15,710
Profit (loss) for the period to be appropriated9905-€15,710
Line2024
Assets
Total assets20/58€11,722
Fixed assets21/28€5,606
Tangible fixed assets22/27€5,606
Furniture and vehicles24€5,606
Current assets29/58€6,116
Cash at bank and in hand54/58€5,261
Deferred charges and accrued income490/1€856
Equity and liabilities
Total equity and liabilities10/49€11,722
Equity10/15-€13,710
Contributions10/11€2,000
Profit (loss) carried forward14-€15,710
Amounts payable17/49€25,432
Amounts payable within one year42/48€25,432
Trade debts44€5,747
Suppliers440/4€5,747
Taxes, remuneration and social security45€176
Taxes450/3€176
Other amounts payable47/48€19,510
Line2024
Profit (loss) for the period9904-€15,710
+ Depreciation and write-downs630€2,315
Operating cash flow (approximation)-€13,395

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Jalhay · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,992 m²
Building footprint
117 m²
Volume, LiDAR
918 m³
Parcel 63068B2907/00M028, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BGLF
Avenue Léonard Legras(SART) 13/A, 4845 JalhayCrop and animal production, hunting and related service activities
since 20232.347.358.626
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63068B2907/00M028 Wallonia 1,992 m² 1 · 117 m² 11.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,532 companies in sector 86931 we hold annual accounts for 553. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86931Psychology services
01480Raising of other animals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803022121
Also 9925:BE0803022121
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.