Bicobel
ActiveSummary
Bicobel has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.54M and a net result of €186k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+9
Solvency60▼-1
Growth77▼-1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.98 in 2024; short-term debt: 27.3% and cash: 5.2% of total assets), and 64.9% of the assets are financed with debt.
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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
35.1%
Return on assets
2.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
28 d late
2022
49 d early
2021
3 d early
2020
5 d early
2019
8 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10.83M▲ 12.7%
2024 · €9.61M
2024: €9.61M
2024 → 2025
EBIT margin
3.4%▲ 0.4pp
2024 · 3.0%
2024: 3.0%
2024 → 2025
Net result
€186k▲ 50.9%
2024 · €123k
2019: €121k
2020: €150k
2021: €359k
2022: €530k
2023: €1.38M
2024: €123k
2019 → 2025
Working capital
€-293k▼ 1,018%
2024 · €-26k
2019: €283k
2020: €78k
2021: €67k
2022: €163k
2023: €153k
2024: €-26k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.61M€10.83M▲ 12.7%
Equity€2.00M-€2.53M▲ 26.5%€2.54M▲ 0.6%€2.54M=€2.54M=
Operating result€521k-€742k▲ 42.6%€1.92M▲ 159%€289k▼ 84.9%€370k▲ 27.9%
Net result€359k-€530k▲ 47.7%€1.38M▲ 160%€123k▼ 91.1%€186k▲ 50.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.25M
Fixed assets
€5.57M ▼ 0.3%
Current assets
€1.68M ▲ 22.0%
Equity and liabilities €7.25M
Equity
€2.54M =
Provisions
€367k =
Debt
€4.34M ▲ 7.0%
Debt's share of the balance-sheet total rises from 58.2% to 59.9%. Debt is higher.
Key figures and ratios
EBITDA
€485k▲
2024 · €399k
Cash flow
€301k▲
2024 · €233k
Current ratio
0.85▼
2024 · 0.98
Quick ratio
0.54▼
2024 · 0.56
Debt to equity
1.71▲
2024 · 1.60
ROE
7.3%▲
2024 · 4.8%
ROA
2.6%▲
2024 · 1.8%
Interest coverage
5.00▲
2024 · 3.65
Debt ≤ 1 year
€1.98M▲
2024 · €1.41M
Debt > 1 year
€2.37M▼
2024 · €2.65M
Income taxes
€72k▲
2024 · €51k
Staff costs
€1.58M▲
2024 · €1.29M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.97M€7.25M▲
Fixed assets21/28€5.59M€5.57M▼
Intangible fixed assets21€17k€39k▲
Tangible fixed assets22/27€767k€728k▼
Land and buildings22€704k€628k▼
Plant, machinery and equipment23€28k€65k▲
Furniture and vehicles24€36k€35k▼
Financial fixed assets28€4.80M€4.80M=
Affiliated companies280/1€4.80M€4.80M=
Participating interests280€4.80M€4.80M=
Other financial fixed assets284/8€1k€1k=
Amounts receivable and cash guarantees285/8€1k€1k=
Current assets29/58€1.38M€1.68M▲
Stocks and contracts in progress3€589k€625k▲
Stocks30/36€589k€625k▲
Raw materials and consumables30/31€17k€32k▲
Goods purchased for resale34€571k€593k▲
Amounts receivable within one year40/41€547k€629k▲
Trade receivables40€475k€576k▲
Other amounts receivable41€72k€53k▼
Cash at bank and in hand54/58€218k€375k▲
Deferred charges and accrued income490/1€27k€54k▲
Equity and liabilities
Total equity and liabilities10/49€6.97M€7.25M▲
Equity10/15€2.54M€2.54M=
Contributions10/11€143k€143k=
Capital10€143k€143k=
Issued capital100€149k€149k=
Uncalled capital101€6k€6k=
Reserves13€2.40M€2.40M=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€1.12M€1.12M=
Distributable reserves133€1.26M€1.26M=
Provisions and deferred taxes16€367k€367k=
Deferred taxes168€367k€367k=
Amounts payable17/49€4.06M€4.34M▲
Amounts payable after more than one year17€2.65M€2.37M▼
Financial debts170/4€2.65M€2.37M▼
Credit institutions173€2.65M€2.37M▼
Amounts payable within one year42/48€1.41M€1.98M▲
Current portion of amounts payable after more than one year42€275k€284k▲
Financial debts43€0€291k▲
Credit institutions430/8-€291k
Other loans439€0-
Trade debts44€794k€955k▲
Suppliers440/4€794k€955k▲
Taxes, remuneration and social security45€209k€243k▲
Taxes450/3€20k€25k▲
Remuneration and social security454/9€189k€218k▲
Other amounts payable47/48€128k€202k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Operating income70/76A€9.65M€10.85M▲
Turnover70€9.61M€10.83M▲
Own construction capitalised72€17k€0▼
Other operating income74€18k€9k▼
Non-recurring operating income76A€2k€5k▲
Operating charges60/66A€9.36M€10.48M▲
Goods for resale, raw materials and consumables60€6.66M€7.56M▲
Purchases600/8€6.79M€7.60M▲
Change in stocks: decrease (increase)609€-127k€-36k▲
Services and other goods61€1.27M€1.19M▼
Remuneration, social security and pensions62€1.29M€1.58M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€115k▲
Other operating charges640/8€27k€38k▲
Non-recurring operating charges66A€2k€0▼
Operating profit (loss)9901€289k€370k▲
Financial income75/76B€304€15▼
Recurring financial income75€304€15▼
Income from current assets751€3€0▼
Other financial income752/9€301€15▼
Financial charges65/66B€116k€112k▼
Recurring financial charges65€116k€112k▼
Debt charges650€109k€97k▼
Other financial charges652/9€6k€15k▲
Profit (loss) for the period before taxes9903€174k€257k▲
Transfer to deferred taxes680€0-
Income taxes67/77€51k€72k▲
Taxes670/3€51k€72k▲
Profit (loss) for the period9904€123k€186k▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€123k€186k▲
Appropriation of the result
Profit (loss) to be appropriated9906€123k€186k▲
Transfer from equity791/2€0-
From reserves792€0-
Profit to be distributed694/7€123k€186k▲
Return on contributions (dividend)694€123k€186k▲
Social balance
Average headcount (FTE)908726.832.0▲
The notes to these accounts (76 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
30-06
Financial
Highest result since 2019net €1.38M ▲160%
Operating result €1.92M, net result €1.38M, both a record.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Equity above €2MEq €2.53M ▲26.5%
4 profitable years in a row build equity to €2.53M.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
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
7 acts for this company are 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, Lokeren · 1 establishment unit since 2003
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.
Spieveldstraat 559160 LokerenGround area
7,346 m²
Building footprint
3,081 m²
Volume, LiDAR
15,126 m³
Parcel 46382B1424/00L000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spieveldstraat 55, 9160 Lokeren
since 20032.125.002.655
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1424/00L000 | Flanders | 7,346 m² | 1 · 3,081 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2025 · 1 entry · 25,000 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 25,000 EUR | 0 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLokeren2.125.002.655
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CONFISERIE VANDENBULCKE
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Suikerbakkerij Joris
BE 0402.223.465
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Of 725 companies in sector 10820 we hold annual accounts for 351. 162 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-06-1990
Fiscal year end30-06
Activities, NACEBEL 2025
10820Manufacture of cocoa, chocolate and sugar confectionery
46360Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.