BIEGEES
ActiveSummary
BIEGEES has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211,733 and a net result of €22,042. Equity is shrinking by ~11.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
The operating result recovers in 2025; 2025 is 69% above 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 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 26,975 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0 | - | - | - | €6,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,934 | €13,549 | €13,359 | €13,238 | €4,738 | €3,828 | €3,541 | ▼ 7.5% |
| Other operating charges640/8 | - | - | €1,725 | €1,455 | €1,790 | €2,228 | €1,954 | ▼ 12.3% |
| Gross operating margin9900 | €70,212 | €33,798 | €51,189 | €29,337 | €26,895 | €23,443 | €34,799 | ▲ 48.4% |
| Operating profit (loss)9901 | €27,527 | €18,490 | €36,105 | €14,644 | €20,367 | €17,387 | €29,304 | ▲ 68.5% |
| Financial income75/76B | - | - | - | €0 | €2,206 | €1,735 | €5,440 | ▲ 214% |
| Recurring financial income75 | €164 | €0 | - | €0 | €2,206 | €1,735 | €5,440 | ▲ 214% |
| Financial charges65/66B | - | - | €2,717 | €4,215 | €3,590 | €3,711 | €3,773 | ▲ 1.7% |
| Recurring financial charges65 | €359 | €996 | €2,717 | €4,215 | €3,590 | €3,711 | €3,773 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €27,332 | €17,494 | €33,388 | €10,429 | €18,982 | €15,411 | €30,971 | ▲ 101% |
| Income taxes67/77 | €9,565 | €4,981 | €9,551 | €3,235 | €5,662 | €4,720 | €8,929 | ▲ 89.2% |
| Profit (loss) for the period9904 | €17,767 | €12,513 | €23,837 | €7,194 | €13,320 | €10,691 | €22,042 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €17,767 | €12,513 | €23,837 | €7,194 | €13,320 | €10,691 | €22,042 | ▲ 106% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €351,401 | €357,311 | €406,835 | €366,397 | €262,697 | €266,437 | €279,743 | ▲ 5.0% |
| Fixed assets21/28 | €84,317 | €70,768 | €58,259 | €45,021 | €40,283 | €36,455 | €84,439 | ▲ 132% |
| Tangible fixed assets22/27 | €84,317 | €70,768 | €58,259 | €45,021 | €40,283 | €36,455 | €84,439 | ▲ 132% |
| Land and buildings22 | - | - | €47,044 | €43,514 | €39,985 | €36,455 | €32,925 | ▼ 9.7% |
| Plant, machinery and equipment23 | - | - | €1,913 | €989 | €63 | €0 | - | - |
| Furniture and vehicles24 | - | - | €9,302 | €518 | €235 | €0 | €51,513 | - |
| Current assets29/58 | €267,084 | €286,543 | €348,576 | €321,376 | €222,414 | €229,982 | €195,304 | ▼ 15.1% |
| Amounts receivable within one year40/41 | €57,061 | €43,970 | €28,328 | €12,657 | €9,769 | €17,400 | €29,400 | ▲ 69.0% |
| Trade receivables40 | - | - | €3,014 | €0 | €9,769 | €15,600 | €27,600 | ▲ 76.9% |
| Other amounts receivable41 | - | - | €25,313 | €12,657 | €0 | €1,801 | €1,801 | = |
| Current investments50/53 | - | - | - | - | €150,000 | €150,000 | €125,000 | ▼ 16.7% |
| Cash at bank and in hand54/58 | €208,886 | €241,366 | €320,248 | €307,479 | €60,468 | €61,831 | €36,744 | ▼ 40.6% |
| Deferred charges and accrued income490/1 | - | - | €0 | €1,241 | €2,177 | €750 | €4,160 | ▲ 454% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €351,401 | €357,311 | €406,835 | €366,397 | €262,697 | €266,437 | €279,743 | ▲ 5.0% |
| Equity10/15 | €333,095 | €312,434 | €281,536 | €209,944 | €196,767 | €207,458 | €211,733 | ▲ 2.1% |
| Contributions10/11 | €51,418 | - | €51,418 | €51,418 | €51,418 | €51,418 | €51,418 | = |
| Reserves13 | €281,676 | €261,016 | €230,117 | €158,525 | €145,349 | €156,039 | €160,315 | ▲ 2.7% |
| Non-distributable reserves130/1 | - | - | €5,142 | €5,142 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €5,142 | €5,142 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | €6,635 | €6,635 | €6,635 | €6,635 | €6,635 | = |
| Distributable reserves133 | - | - | €218,341 | €146,749 | €138,714 | €149,405 | €153,680 | ▲ 2.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €18,306 | €44,876 | €125,299 | €156,453 | €65,930 | €58,979 | €68,009 | ▲ 15.3% |
| Amounts payable within one year42/48 | €18,306 | €43,944 | €122,667 | €152,372 | €62,434 | €55,345 | €64,548 | ▲ 16.6% |
| Trade debts44 | €2,306 | €2,536 | €61 | €1,075 | €137 | €97 | €113 | ▲ 16.7% |
| Suppliers440/4 | - | - | €61 | €1,075 | €137 | €97 | €113 | ▲ 16.7% |
| Taxes, remuneration and social security45 | - | - | €20,489 | €24,122 | €9,271 | €3,473 | €5,069 | ▲ 46.0% |
| Taxes450/3 | - | - | €20,489 | €15,322 | €2,671 | €1,273 | €5,069 | ▲ 298% |
| Remuneration and social security454/9 | - | - | - | €8,800 | €6,600 | €2,200 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €102,118 | €127,175 | €53,026 | €51,775 | €59,365 | ▲ 14.7% |
| Accrued charges and deferred income492/3 | - | - | €2,632 | €4,081 | €3,496 | €3,634 | €3,461 | ▼ 4.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,767 | €12,513 | €23,837 | €7,194 | €13,320 | €10,691 | €22,042 | ▲ 106% |
| + Depreciation and write-downs630 | €38,934 | €13,549 | €13,359 | €13,238 | €4,738 | €3,828 | €3,541 | ▼ 7.5% |
| Operating cash flow (approximation) | €56,701 | €26,061 | €37,196 | €20,432 | €18,058 | €14,519 | €25,584 | ▲ 76.2% |
| Investment in fixed assets (approximation) | - | €0 | -€850 | €0 | €0 | €0 | -€51,525 | - |
| Change in cash | - | €32,479 | €78,882 | -€12,770 | -€247,011 | €1,364 | -€25,087 | ▼ 1,940% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.