BGRTS
ActiveSummary
BGRTS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,671 and a net result of €46,786. Its solvency ranks better than 95% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 2 accounts on average 63 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 39,275 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €481 | €861 | ▲ 78.8% |
| Other operating charges640/8 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €73,309 | €59,962 | ▼ 18.2% |
| Operating profit (loss)9901 | €72,709 | €58,982 | ▼ 18.9% |
| Financial charges65/66B | €76 | €70 | ▼ 7.4% |
| Recurring financial charges65 | €76 | €70 | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | €72,633 | €58,911 | ▼ 18.9% |
| Income taxes67/77 | €14,749 | €12,125 | ▼ 17.8% |
| Profit (loss) for the period9904 | €57,885 | €46,786 | ▼ 19.2% |
| Profit (loss) for the period to be appropriated9905 | €57,885 | €46,786 | ▼ 19.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €63,368 | €111,222 | ▲ 75.5% |
| Fixed assets21/28 | €2,101 | €1,240 | ▼ 41.0% |
| Tangible fixed assets22/27 | €2,101 | €1,240 | ▼ 41.0% |
| Plant, machinery and equipment23 | €2,101 | €1,240 | ▼ 41.0% |
| Current assets29/58 | €61,267 | €109,981 | ▲ 79.5% |
| Amounts receivable within one year40/41 | €8,378 | €19,644 | ▲ 134% |
| Trade receivables40 | €6,760 | €15,195 | ▲ 125% |
| Other amounts receivable41 | €1,618 | €4,449 | ▲ 175% |
| Cash at bank and in hand54/58 | €52,888 | €90,337 | ▲ 70.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €63,368 | €111,222 | ▲ 75.5% |
| Equity10/15 | €61,885 | €108,671 | ▲ 75.6% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Reserves13 | €57,885 | €104,671 | ▲ 80.8% |
| Distributable reserves133 | €57,885 | €104,671 | ▲ 80.8% |
| Amounts payable17/49 | €1,483 | €2,551 | ▲ 72.0% |
| Amounts payable within one year42/48 | €1,483 | €2,551 | ▲ 72.0% |
| Trade debts44 | €527 | €603 | ▲ 14.4% |
| Suppliers440/4 | €527 | €603 | ▲ 14.4% |
| Taxes, remuneration and social security45 | €956 | €1,948 | ▲ 104% |
| Taxes450/3 | €956 | €1,948 | ▲ 104% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €57,885 | €46,786 | ▼ 19.2% |
| + Depreciation and write-downs630 | €481 | €861 | ▲ 78.8% |
| Operating cash flow (approximation) | €58,366 | €47,647 | ▼ 18.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €37,449 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11313B0859/00X016 | Flanders | 3,867 m² | 1 · 1,094 m² | 27.8 m · 9 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.