BIAGGI
ActiveSummary
BIAGGI has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,478 and a net result of €6,049. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 8782 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▲+5
Solvency64=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.93 in 2024; short-term debt: 53.4% and cash: 0.1% of total assets), and 60.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
39.3%
Return on assets
1.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
5 d early
2021
1 d early
2020
7 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€176,478▲ 3.5%
2024 · €170,430
Total assets
€448,706▲ 1.7%
2024 · €441,135
Net result
€6,049▲ 21.6%
2024 · €4,976
Working capital
-€8,271▲ 48.3%
2024 · -€15,997
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,829▼ 26.0%€17,156▲ 24.1%€13,480▼ 21.4%€10,244▼ 24.0%€11,504▲ 12.3%
Net result€6,615within the sector's middle half▼ 27.0%€9,167within the sector's middle half▲ 38.6%€7,064within the sector's middle half▼ 22.9%€4,976within the sector's middle half▼ 29.6%€6,049within the sector's middle half▲ 21.6%
Equity€149,224within the sector's middle half▲ 4.6%€158,390within the sector's middle half▲ 6.1%€165,454within the sector's middle half▲ 4.5%€170,430within the sector's middle half▲ 3.0%€176,478within the sector's middle half▲ 3.5%
Total assets€399,251within the sector's middle half▼ 1.2%€400,041within the sector's middle half▲ 0.2%€424,249within the sector's middle half▲ 6.1%€441,135within the sector's middle half▲ 4.0%€448,706within the sector's middle half▲ 1.7%
Debt€250,027▼ 4.4%€241,651▼ 3.4%€258,795▲ 7.1%€270,705▲ 4.6%€272,227▲ 0.6%
Working capital-€66,589within the sector's middle half▲ 21.4%-€45,968within the sector's middle half▲ 31.0%-€26,430within the sector's middle half▲ 42.5%-€15,997within the sector's middle half▲ 39.5%-€8,271within the sector's middle half▲ 48.3%
Solvency37.4%within the sector's middle half▲ 2.1pp39.6%within the sector's middle half▲ 2.2pp39.0%within the sector's middle half▼ 0.6pp38.6%within the sector's middle half▼ 0.4pp39.3%within the sector's middle half▲ 0.7pp
Current ratio0.67within the sector's middle half▲ 0.070.76within the sector's middle half▲ 0.090.87within the sector's middle half▲ 0.110.93within the sector's middle half▲ 0.060.97within the sector's middle half▲ 0.04
Return on assets (ROA)1.7%within the sector's middle half▼ 0.6pp2.3%within the sector's middle half▲ 0.6pp1.7%within the sector's middle half▼ 0.6pp1.1%within the sector's middle half▼ 0.5pp1.3%within the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €448,706
Fixed assets
€217,399 ▼ 5.1%
Current assets
€231,307 ▲ 9.1%
Equity and liabilities €448,706
Equity
€176,478 ▲ 3.5%
Debt
€272,227 ▲ 0.6%
Debt's share of the balance-sheet total falls from 61.4% to 60.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,264▲
2024 · €22,004
Cash flow
€17,809▲
2024 · €16,736
Debt to equity
1.54▼
2024 · 1.59
ROE
3.4%▲
2024 · 2.9%
Interest coverage
2.67▲
2024 · 2.14
Debt ≤ 1 year
€239,578▲
2024 · €227,973
Debt > 1 year
€30,000▼
2024 · €40,000
Income taxes
€2,877▲
2024 · €2,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 17,040 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,760 | €11,760 | €11,760 | €11,760 | €11,760 | = |
| Other operating charges640/8 | €1,625 | €1,644 | €2,257 | €3,185 | €2,703 | ▼ 15.1% |
| Gross operating margin9900 | €27,214 | €30,561 | €27,497 | €25,189 | €25,967 | ▲ 3.1% |
| Operating profit (loss)9901 | €13,829 | €17,156 | €13,480 | €10,244 | €11,504 | ▲ 12.3% |
| Financial income75/76B | €444 | €473 | €5,499 | €7,501 | €6,125 | ▼ 18.3% |
| Recurring financial income75 | €444 | €473 | €5,499 | €7,501 | €6,125 | ▼ 18.3% |
| Financial charges65/66B | €4,566 | €4,185 | €8,605 | €10,282 | €8,704 | ▼ 15.4% |
| Recurring financial charges65 | €4,566 | €4,185 | €8,605 | €10,282 | €8,704 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €9,706 | €13,444 | €10,374 | €7,463 | €8,925 | ▲ 19.6% |
| Income taxes67/77 | €3,092 | €4,277 | €3,310 | €2,488 | €2,877 | ▲ 15.6% |
| Profit (loss) for the period9904 | €6,615 | €9,167 | €7,064 | €4,976 | €6,049 | ▲ 21.6% |
| Profit (loss) for the period to be appropriated9905 | €6,615 | €9,167 | €7,064 | €4,976 | €6,049 | ▲ 21.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €399,251 | €400,041 | €424,249 | €441,135 | €448,706 | ▲ 1.7% |
| Fixed assets21/28 | €264,439 | €252,679 | €240,919 | €229,159 | €217,399 | ▼ 5.1% |
| Tangible fixed assets22/27 | €264,439 | €252,679 | €240,919 | €229,159 | €217,399 | ▼ 5.1% |
| Land and buildings22 | €264,439 | €252,679 | €240,919 | €229,159 | €217,399 | ▼ 5.1% |
| Current assets29/58 | €134,812 | €147,362 | €183,330 | €211,976 | €231,307 | ▲ 9.1% |
| Amounts receivable within one year40/41 | €133,711 | €145,604 | €174,050 | €210,352 | €230,625 | ▲ 9.6% |
| Trade receivables40 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Other amounts receivable41 | €103,711 | €115,604 | €144,050 | €180,352 | €200,625 | ▲ 11.2% |
| Cash at bank and in hand54/58 | €825 | €1,476 | €9,280 | €1,267 | €313 | ▼ 75.3% |
| Deferred charges and accrued income490/1 | €275 | €282 | €0 | €357 | €369 | ▲ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €399,251 | €400,041 | €424,249 | €441,135 | €448,706 | ▲ 1.7% |
| Equity10/15 | €149,224 | €158,390 | €165,454 | €170,430 | €176,478 | ▲ 3.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €100,085 | €109,245 | €116,309 | €121,284 | €127,284 | ▲ 4.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €98,225 | €107,385 | €114,449 | €121,284 | €127,284 | ▲ 4.9% |
| Profit (loss) carried forward14 | €30,539 | €30,545 | €30,545 | €30,546 | €30,595 | ▲ 0.2% |
| Amounts payable17/49 | €250,027 | €241,651 | €258,795 | €270,705 | €272,227 | ▲ 0.6% |
| Amounts payable after more than one year17 | €45,000 | €45,000 | €45,000 | €40,000 | €30,000 | ▼ 25.0% |
| Other amounts payable178/9 | €45,000 | €45,000 | €45,000 | €40,000 | €30,000 | ▼ 25.0% |
| Amounts payable within one year42/48 | €201,400 | €193,330 | €209,760 | €227,973 | €239,578 | ▲ 5.1% |
| Trade debts44 | €542 | €348 | €3,807 | €645 | €2,322 | ▲ 260% |
| Suppliers440/4 | €542 | €348 | €3,807 | €645 | €2,322 | ▲ 260% |
| Taxes, remuneration and social security45 | €1,091 | €276 | €1,316 | €8,912 | €7,300 | ▼ 18.1% |
| Taxes450/3 | €1,091 | €276 | €1,316 | €8,912 | €7,300 | ▼ 18.1% |
| Other amounts payable47/48 | €199,767 | €192,706 | €204,637 | €218,416 | €229,956 | ▲ 5.3% |
| Accrued charges and deferred income492/3 | €3,627 | €3,321 | €4,035 | €2,732 | €2,650 | ▼ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,615 | €9,167 | €7,064 | €4,976 | €6,049 | ▲ 21.6% |
| + Depreciation and write-downs630 | €11,760 | €11,760 | €11,760 | €11,760 | €11,760 | = |
| Operating cash flow (approximation) | €18,375 | €20,927 | €18,824 | €16,736 | €17,809 | ▲ 6.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €651 | €7,804 | -€8,013 | -€954 | ▲ 88.1% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €4,976 ▼29.6%
Net result drops to €4,976, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €9,167 ▲38.6%
Net result €9,167, the highest in the series.
30-09
Financial
Equity above €150,000Eq €158,390 ▲6.1%
5 profitable years in a row build equity to €158,390.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2004
Ground area
300 m²
Building footprint
298 m²
Volume, LiDAR
2,328 m³
Parcel 24432H0058/00P003, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Biaggi
since 20042.137.381.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432H0058/00P003 | Flanders | 300 m² | 1 · 298 m² | 14.3 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.
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BE 0465.419.361
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,665 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
Founded12-06-2003
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0863587832
Registered
27-03-2026
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.