BIBICH

Active

Private limited companyfounded 20187 yrs activeSteenweg op Mechelen 455/3, 1950 Kraainem, BelgiumKBO/BCE: BE 0715.624.230

The computed 12-month bankruptcy probability of BIBICH is 3.5% (moderate). The 2024 annual accounts show equity of €33k and a net result of €150k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 18940 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency34▼-8

Growth78=

Track record100

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days only on tighter terms

Liquidity tight (current ratio 1.03 against 1.1 in 2023; short-term debt: 91.2% and cash: 37.3% of total assets), and 91.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

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 20-11-2025, 112 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

112 d late

2023

175 d late

2022

25 d late

2021

361 d late

2020

716 d late

2019

64 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€2k

EBIT margin

-367.5%

Net result

€150k▲ 111%

2023 · €71k

2019: €-6k 2020: €-12k 2021: €-19k 2022: €-7k 2023: €71k

2019 → 2024

Working capital

€12k▼ 22.3%

2023 · €15k

2019: €-795 2020: €-13k 2021: €-10k 2022: €-49k 2023: €15k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-12k-€-31k▼ 151%€-38k▼ 22.1%€33k€33k=

Operating result€-12k-€-19k▼ 50.4%€-5k▲ 71.3%€81k€211k▲ 159%

Net result€-12k-€-19k▼ 50.4%€-7k▲ 63.2%€71k€150k▲ 111%

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

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 159% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €379k

94.3%

Fixed assets €22k▲ 19.8%

Current assets €357k▲ 106%

Equity and liabilities €379k

91.2%

Equity €33k=

Debt €346k▲ 119%

The debt ratio rises from 82.6% to 91.2%. Debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€214k▲

2023 · €84k

Cash flow

€153k▲

2023 · €74k

Solvency

8.8%▼

2023 · 17.4%

Current ratio

1.03▼

2023 · 1.10

Quick ratio

1.02▼

2023 · 1.10

Debt / equity

10.37▲

2023 · 4.74

ROE

450.2%▲

2023 · 213.8%

ROA

39.6%▲

2023 · 37.3%

Interest coverage

51.89▲

2023 · 31.79

Debt

€346k▲

2023 · €158k

Debt ≤ 1 year

€345k▲

2023 · €158k

Income taxes

€57k▲

2023 · €7k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€191k€379k▲

Fixed assets21/28€18k€22k▲

Tangible fixed assets22/27€18k€22k▲

Furniture and vehicles24€8k€6k▼

Other tangible fixed assets26€11k€16k▲

Current assets29/58€173k€357k▲

Stocks and contracts in progress3-€6k

Stocks30/36-€6k

Amounts receivable within one year40/41€95k€210k▲

Trade receivables40€95k€50k▼

Other amounts receivable41-€160k

Cash at bank and in hand54/58€78k€141k▲

Deferred charges and accrued income490/1€226-

Equity and liabilities

Total equity and liabilities10/49€191k€379k▲

Equity10/15€33k€33k=

Contributions10/11€6k€6k=

Profit (loss) carried forward14€27k€27k=

Amounts payable17/49€158k€346k▲

Amounts payable within one year42/48€158k€345k▲

Trade debts44€107k€125k▲

Suppliers440/4€107k€125k▲

Taxes, remuneration and social security45€13k€70k▲

Taxes450/3€13k€70k▲

Other amounts payable47/48€38k€150k▲

Accrued charges and deferred income492/3-€198

Income statement Code20232024

Remuneration, social security and pensions62€222-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Other operating charges640/8€700€1k▲

Gross operating margin9900€85k€215k▲

Operating profit (loss)9901€81k€211k▲

Financial income75/76B€0€53▲

Recurring financial income75€0€53▲

Financial charges65/66B€3k€4k▲

Recurring financial charges65€3k€4k▲

Profit (loss) for the period before taxes9903€79k€207k▲

Income taxes67/77€7k€57k▲

Profit (loss) for the period9904€71k€150k▲

Profit (loss) for the period to be appropriated9905€71k€150k▲

Appropriation of the result

Profit (loss) to be appropriated9906€27k€177k▲

Profit (loss) brought forward from the previous period14P€-44k€27k▲

Profit to be distributed694/7-€150k

Return on contributions (dividend)694-€150k

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

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

20-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 112 days late

22-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 175 days late

2024

31-12

Financial Highest result since 2019net €150k ▲111%

Operating result €211k, net result €150k, both a record.

2023

31-12

Financial Back to profitnet €71k

Net result €71k after 4 loss-making years.

25-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 25 days late

27-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 361 days late

17-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 716 days late

2021

31-12

Financial Weakest financial yearnet €-19k

Net result drops to €-19k, the lowest in the series; recovery starts the following year.

2020

03-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 64 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

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.

01-01-2026 RUSSO Carmine: Resigned as Director

15-10-2020 SADY JEAN PIERRE: Resigned as Director

Location & real-estate footprint

Registered office, Kraainem · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Steenweg op Mechelen 455/31950 Kraainem

Ground area

1.1 ha

Building footprint

941 m²