BGS

Active

Private limited companyfounded 2015active for 11 yearsPottershof(SP) 7, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0632.625.981

Summary

BGS has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,156 and a net result of -€7,885. Equity is shrinking by about 22% per year across the filed financial years. Its solvency ranks better than 61% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow Report Compare

BGSActiveChecked score 66/100

Risk analysis Report Compare

Activity

Real estate activities

NACE 68202Machining of metals NACE 25530

1 site

Size

€87,803total assets 2025

Staff: 1.2 FTE
Equity: €38,156
Loss: -€7,885

Turnover not published (micro format)

Financial health

66 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.9%

Structure

Bart GeusensDirector

2025 accounts 8 days early3 of 7 deeds summarised

Why 66raises riskLiquidity: current ratio 0.88, cash €133, halvedLoss of €7,885 (financial year 2025)Size: total assets €87,803lowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025

66 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 31% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 68+5

equity 43.5% of total assets

Liquidity 21+2

short-term debt 56.5% · cash 0.2%

Profitability 27-38

return on assets -9.0%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,614 companies, NACE 68, micro)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -0.3 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026

Credit of up to €2,500 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.88, compared with 0.76 in 2024, below 1; short-term debt: 56.5% and cash: 0.2% of total assets), and 56.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 59% on solvency, 17% on liquidity, 24% on profitability and 23% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.88, cash €133, halved

NBB · annual accounts

Loss of €7,885 (financial year 2025)

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Size: total assets €87,803

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

8 days early

2024

29 days late

2023

29 days early

2017

52 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 15 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 23 July (3 of the last 3 filed years within 37 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Weakest financial yearnet -€7,885
15-12-2025 Amendment of the articles · MiscellaneousCorrection

Key points

One director decidessole director in office 1 View
Total assets 20253 financial years filed €87,803 View
Active since 2015founded 12-06-2015 11 years View

By topic

Financials

Financial year: 2025
Total assets: €87,803
Loss: -€7,885
Solvency: 43.5%

Total assets▼ 28.2%

Net result

20232025

Go to Financials

Board & ownership

Board: 1 member

Bart GeusensDirector

Go to Board & ownership

Timeline

Events: 8
Since: 2018
Next accounts: by 31-07-2027

29-08-2025Annual accounts filed
08-08-2025Capital & shares · Resignations & appointments
02-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Real estate activitiesNACE 68202
Founded: 12-06-2015
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 11

Annual meeting: Third Friday of June at 18:00
Purpose: “Projectmanagement,met name het organiseren,voorbereiden,plannen,uitvoeren en opvolgen van…” (deed in Dutch)

Go to Articles of association

Key facts about BGS

What is the company number of BGS?: 0632.625.981. In Belgium the VAT number is the company number with BE in front: BE 0632.625.981.
Where is BGS based?: The registered office is at Pottershof(SP) 7, 9170 Sint-Gillis-Waas.Company details
What does BGS do?: According to the KBO register, the main activity is real estate activities (NACE 68202).
What is the legal form of BGS?: Private limited company (BV).
When was BGS founded?: On 12-06-2015.
Is BGS still active?: Yes, BGS is an active enterprise in the KBO register.
How many employees does BGS have?: On average 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BGS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BGS profitable?: In financial year 2025, BGS made a loss of €7,885.
Where can I find the annual accounts of BGS?: BGS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BGS due?: By 31-07-2027, for financial year 2026.Timeline