BHR
ActiveSummary
BHR has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €98k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 12% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency29=
Growth68=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.4%
Return on assets
82.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
93 d early
2024
32 d early
2023
32 d early
2022
37 d early
2021
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k=
2024 · €5k
Total assets
€119k▼ 13.5%
2024 · €137k
Net result
€98k▲ 9.7%
2024 · €89k
Working capital
€-16k▲ 15.9%
2024 · €-19k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k-€19k▲ 265%€75k▲ 289%€114k▲ 52.7%€126k▲ 10.0%
Net result€4k-€14k▲ 274%€59k▲ 313%€89k▲ 50.9%€98k▲ 9.7%
Equity€5k-€18k▲ 243%€77k▲ 329%€5k▼ 93.2%€5k=
Total assets€50k-€26k▼ 48.1%€126k▲ 383%€137k▲ 8.9%€119k▼ 13.5%
Debt€45k-€8k▼ 82.0%€49k▲ 502%€132k▲ 171%€113k▼ 14.1%
Working capital€-28k-€18k€45k▲ 151%€-19k€-16k▲ 15.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€21k ▼ 12.5%
Current assets
€97k ▼ 13.8%
Equity and liabilities €119k
Equity
€5k =
Debt
€113k ▼ 14.1%
Debt's share of the balance-sheet total falls from 96.2% to 95.6%. Debt is lower.
Key figures and ratios
EBITDA
€133k▲
2024 · €122k
Cash flow
€106k▲
2024 · €97k
Current ratio
0.86▲
2024 · 0.85
Debt to equity
21.64▼
2024 · 25.18
ROA
82.7%▲
2024 · 65.1%
Interest coverage
3224.07▲
2024 · 2798.77
Debt ≤ 1 year
€113k▼
2024 · €132k
Income taxes
€28k▲
2024 · €25k
A ratio outside any meaningful range has been withheld (balance sheet total €119k, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €991 | - | €5k | €7k | €8k | ▲ 3.3% |
| Other operating charges640/8 | €62 | €2k | €183 | €750 | €706 | ▼ 5.9% |
| Non-recurring operating charges66A | - | €10k | - | - | - | - |
| Gross operating margin9900 | €6k | €31k | €80k | €122k | €134k | ▲ 9.5% |
| Operating profit (loss)9901 | €5k | €19k | €75k | €114k | €126k | ▲ 10.0% |
| Financial income75/76B | €0 | €178 | €0 | €0 | €0 | ▲ 50.0% |
| Recurring financial income75 | €0 | €3 | €0 | €0 | €0 | ▲ 50.0% |
| Non-recurring financial income76B | - | €175 | - | - | - | - |
| Financial charges65/66B | €5 | €49 | €35 | €44 | €41 | ▼ 4.8% |
| Recurring financial charges65 | €5 | €49 | €35 | €44 | €41 | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €5k | €19k | €75k | €114k | €126k | ▲ 10.1% |
| Income taxes67/77 | €1k | €5k | €16k | €25k | €28k | ▲ 11.3% |
| Profit (loss) for the period9904 | €4k | €14k | €59k | €89k | €98k | ▲ 9.7% |
| Profit (loss) for the period to be appropriated9905 | €4k | €14k | €59k | €89k | €98k | ▲ 9.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €26k | €126k | €137k | €119k | ▼ 13.5% |
| Fixed assets21/28 | €33k | - | €32k | €25k | €21k | ▼ 12.5% |
| Tangible fixed assets22/27 | €33k | - | €32k | €25k | €21k | ▼ 12.5% |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €818 | ▼ 30.9% |
| Furniture and vehicles24 | €33k | - | €30k | €23k | €16k | ▼ 30.3% |
| Other tangible fixed assets26 | - | - | - | - | €4k | - |
| Current assets29/58 | €17k | €26k | €94k | €113k | €97k | ▼ 13.8% |
| Amounts receivable within one year40/41 | €15k | - | €18k | €19k | €20k | ▲ 6.1% |
| Trade receivables40 | €14k | - | €17k | €19k | €20k | ▲ 5.8% |
| Other amounts receivable41 | €1k | - | €1k | €186 | €256 | ▲ 37.6% |
| Cash at bank and in hand54/58 | €2k | €26k | €73k | €92k | €75k | ▼ 18.8% |
| Deferred charges and accrued income490/1 | €1k | - | €2k | €2k | €2k | ▲ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €26k | €126k | €137k | €119k | ▼ 13.5% |
| Equity10/15 | €5k | €18k | €77k | €5k | €5k | = |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | - | €13k | €72k | - | - | - |
| Amounts payable17/49 | €45k | €8k | €49k | €132k | €113k | ▼ 14.1% |
| Amounts payable within one year42/48 | €45k | €8k | €49k | €132k | €113k | ▼ 14.1% |
| Trade debts44 | €163 | €3k | €2k | €45 | €165 | ▲ 267% |
| Suppliers440/4 | €163 | €3k | €2k | €45 | €165 | ▲ 267% |
| Taxes, remuneration and social security45 | €1k | €3k | €13k | €10k | €11k | ▲ 2.8% |
| Taxes450/3 | €1k | €3k | €13k | €10k | €11k | ▲ 2.8% |
| Other amounts payable47/48 | €43k | €2k | €34k | €121k | €102k | ▼ 15.6% |
| Accrued charges and deferred income492/3 | - | €53 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €14k | €59k | €89k | €98k | ▲ 9.7% |
| + Depreciation and write-downs630 | €991 | - | €5k | €7k | €8k | ▲ 3.3% |
| Operating cash flow (approximation) | €5k | €14k | €64k | €97k | €106k | ▲ 9.2% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €-5k | - |
| Change in cash | - | €24k | €47k | €19k | €-17k | ▼ 192% |
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €98k ▲9.7%
Operating result €126k, net result €98k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 8current ratio 3.24
Current ratio from 0.39 to 3.24; short-term debt falls from €45k to €8k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Dentergem · 1 establishment unit since 2021
Ground area
736 m²
Building footprint
147 m²
Volume, LiDAR
709 m³
Parcel 37008A0157/00B002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BHR
since 20212.323.809.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37008A0157/00B002 | Flanders | 736 m² | 1 · 147 m² | 7.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,128 EUR awarded · 1,128 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 408 EUR | 408 EUR |
| 2024 | 1 | 720 EUR | 720 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 16,009 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
69109Other legal services
73300Public relations and communication consultancy
78200Temporary employment agencies and other provision of personnel
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.