BIESBEEMDEN
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-07-2026 at the NBB all 29 filings
Turnover
≈ €160,000
Estimated: probably between €96,000 and €290,000
Total assets
€516,721▼ 4.3%
2024 · €539,922
Net result
€96▼ 98.7%
2024 · €7,379
Working capital
-€150,439▲ 11.3%
2024 · -€169,571
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€12,725
▼ 13.8%
2025
20182025
Net result
€96
▼ 98.7%
2025
20182025
Equity
€315,318
=
2025
20182025
Total assets
€516,721
▼ 4.3%
2025
20182025
Debt
€201,403
▼ 10.4%
2025
20182025
Working capital
-€150,439
▲ 11.3%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€3,941-€1,531▼ 61.2%€494▼ 67.7%€1,047▲ 112%€3,342▲ 219%€2,568▼ 23.2%€14,761▲ 475%€12,725▼ 13.8%
Net result€2,752-€18▼ 99.3%-€766€23€2,480▲ 110×€1,626▼ 34.4%€7,379▲ 354%€96▼ 98.7%
Equity€304,463-€304,481=€303,715▼ 0.3%€303,737=€306,217▲ 0.8%€307,844▲ 0.5%€315,222▲ 2.4%€315,318=
Total assets€602,806-€588,446▼ 2.4%€581,420▼ 1.2%€574,284▼ 1.2%€572,248▼ 0.4%€592,721▲ 3.6%€539,922▼ 8.9%€516,721▼ 4.3%
Debt€298,343-€283,966▼ 4.8%€277,705▼ 2.2%€270,547▼ 2.6%€266,031▼ 1.7%€284,877▲ 7.1%€224,700▼ 21.1%€201,403▼ 10.4%
Working capital-€261,156--€242,946▲ 7.0%-€226,100▲ 6.9%-€209,011▲ 7.6%-€193,377▲ 7.5%-€191,882▲ 0.8%-€169,571▲ 11.6%-€150,439▲ 11.3%
The operating result for 2025 is 14% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €516,721
Fixed assets
€484,952 ▼ 3.5%
Current assets
€31,769 ▼ 14.7%
Equity and liabilities €516,721
Equity
€315,318 =
Debt
€201,403 ▼ 10.4%
Debt's share of the balance-sheet total falls from 41.6% to 39.0%. Debt is lower.
Key figures and ratios
EBITDA
€35,394▼
2024 · €38,181
Cash flow
€22,765▼
2024 · €30,799
Current ratio
0.17▼
2024 · 0.18
Debt to equity
0.64▼
2024 · 0.71
ROE
0.0%▼
2024 · 2.3%
ROA
0.0%▼
2024 · 1.4%
Interest coverage
2.88▼
2024 · 7.29
Debt ≤ 1 year
€182,207▼
2024 · €206,809
Debt > 1 year
€7,832▼
2024 · €13,848
Income taxes
€437▼
2024 · €2,593
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,737 | €38,890 | €6,791 | €4,937 |
| Depreciation and write-downs of the year | €17,067 | €16,890 | €19,170 | €23,420 | €22,669 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,809 | €18,192 | €17,612 | €17,067 | €16,890 | €19,170 | €23,420 | €22,669 | ▼ 3.2% |
| Other operating charges640/8 | - | - | - | €3,624 | €3,795 | €4,046 | €4,213 | €4,497 | ▲ 6.7% |
| Gross operating margin9900 | €26,932 | €22,958 | €21,716 | €21,738 | €24,028 | €25,784 | €42,394 | €39,892 | ▼ 5.9% |
| Operating profit (loss)9901 | €3,941 | €1,531 | €494 | €1,047 | €3,342 | €2,568 | €14,761 | €12,725 | ▼ 13.8% |
| Financial income75/76B | - | - | - | - | €0 | €181 | €449 | €104 | ▼ 76.8% |
| Recurring financial income75 | - | - | €2 | - | €0 | €181 | €449 | €104 | ▼ 76.8% |
| Financial charges65/66B | - | - | - | €499 | €338 | €595 | €5,239 | €12,297 | ▲ 135% |
| Recurring financial charges65 | €690 | €807 | €653 | €499 | €338 | €595 | €5,239 | €12,297 | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €3,252 | €724 | -€158 | €548 | €3,005 | €2,155 | €9,972 | €533 | ▼ 94.7% |
| Income taxes67/77 | €500 | €706 | €608 | €525 | €525 | €529 | €2,593 | €437 | ▼ 83.1% |
| Profit (loss) for the period9904 | €2,752 | €18 | -€766 | €23 | €2,480 | €1,626 | €7,379 | €96 | ▼ 98.7% |
| Profit (loss) for the period to be appropriated9905 | €2,752 | €18 | -€766 | €23 | €2,480 | €1,626 | €7,379 | €96 | ▼ 98.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €602,806 | €588,446 | €581,420 | €574,284 | €572,248 | €592,721 | €539,922 | €516,721 | ▼ 4.3% |
| Fixed assets21/28 | €565,618 | €547,426 | €529,815 | €512,748 | €499,594 | €519,314 | €502,684 | €484,952 | ▼ 3.5% |
| Tangible fixed assets22/27 | €565,618 | €547,426 | €529,815 | €512,748 | €499,594 | €519,314 | €502,684 | €484,952 | ▼ 3.5% |
| Land and buildings22 | - | - | - | €512,748 | €496,194 | €480,121 | €470,056 | €458,888 | ▼ 2.4% |
| Plant, machinery and equipment23 | - | - | - | - | €3,401 | €31,139 | €27,863 | €24,587 | ▼ 11.8% |
| Furniture and vehicles24 | - | - | - | - | - | €8,053 | €4,765 | €1,477 | ▼ 69.0% |
| Current assets29/58 | €37,188 | €41,020 | €51,605 | €61,537 | €72,654 | €73,407 | €37,238 | €31,769 | ▼ 14.7% |
| Amounts receivable within one year40/41 | €55 | €55 | €55 | €275 | €75 | €100 | - | €3,500 | - |
| Other amounts receivable41 | - | - | - | €275 | €75 | €100 | - | €3,500 | - |
| Current investments50/53 | - | - | - | - | - | €30,000 | - | - | - |
| Cash at bank and in hand54/58 | €35,356 | €38,813 | €49,884 | €60,245 | €70,640 | €42,687 | €36,598 | €27,629 | ▼ 24.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,017 | €1,939 | €620 | €640 | €640 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €602,806 | €588,446 | €581,420 | €574,284 | €572,248 | €592,721 | €539,922 | €516,721 | ▼ 4.3% |
| Equity10/15 | €304,463 | €304,481 | €303,715 | €303,737 | €306,217 | €307,844 | €315,222 | €315,318 | = |
| Contributions10/11 | €290,000 | €290,000 | - | €290,000 | €290,000 | €290,000 | €290,000 | €290,000 | = |
| Reserves13 | €14,463 | €14,481 | €14,481 | €14,481 | €16,217 | €17,844 | €25,222 | €25,318 | ▲ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €14,481 | €14,481 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €14,481 | €14,481 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €1,737 | €17,844 | €25,222 | €25,318 | ▲ 0.4% |
| Profit (loss) carried forward14 | - | - | -€766 | -€743 | - | - | - | - | - |
| Amounts payable17/49 | €298,343 | €283,966 | €277,705 | €270,547 | €266,031 | €284,877 | €224,700 | €201,403 | ▼ 10.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | €19,588 | €13,848 | €7,832 | ▼ 43.4% |
| Financial debts170/4 | - | - | - | - | - | €19,588 | €13,848 | €7,832 | ▼ 43.4% |
| Amounts payable within one year42/48 | €298,343 | €283,966 | €277,705 | €270,547 | €266,031 | €265,289 | €206,809 | €182,207 | ▼ 11.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €5,472 | €5,739 | €6,016 | ▲ 4.8% |
| Trade debts44 | €2,308 | €2,618 | €2,242 | €1,460 | €2,778 | €2,147 | €2,161 | €2,176 | ▲ 0.7% |
| Suppliers440/4 | - | - | - | €1,460 | €2,778 | €2,147 | €2,161 | €2,176 | ▲ 0.7% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €1,838 | - | - |
| Taxes450/3 | - | - | - | - | - | - | €1,838 | - | - |
| Other amounts payable47/48 | - | - | - | €269,087 | €263,252 | €257,671 | €197,071 | €174,015 | ▼ 11.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €4,042 | €11,363 | ▲ 181% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,752 | €18 | -€766 | €23 | €2,480 | €1,626 | €7,379 | €96 | ▼ 98.7% |
| + Depreciation and write-downs630 | €18,809 | €18,192 | €17,612 | €17,067 | €16,890 | €19,170 | €23,420 | €22,669 | ▼ 3.2% |
| Operating cash flow (approximation) | €21,560 | €18,210 | €16,846 | €17,089 | €19,370 | €20,797 | €30,799 | €22,765 | ▼ 26.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€3,737 | -€38,890 | -€6,791 | -€4,937 | ▲ 27.3% |
| Change in cash | - | €3,457 | €11,071 | €10,360 | €10,395 | -€27,952 | -€6,090 | -€8,969 | ▼ 47.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as BIESBEEMDEN has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
96.2%
was still going
3.5%
stopped otherwise
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BIESBEEMDEN itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for BIESBEEMDEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00267236 | |
| 31-12-2024 | micro format | 27-03-2025 | 2025-00055414 | |
| 31-12-2023 | micro format | 28-03-2024 | 2024-00054549 | |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00133037 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20071183 | |
| 31-12-2020 | micro format | 16-06-2021 | 2021-20500117 | |
| 31-12-2019 | micro format | 18-06-2020 | 2020-18000025 | |
| 31-12-2018 | micro format | 20-06-2019 | 2019-20300583 | |
| 31-12-2017 | micro format | 16-06-2018 | 2018-19300227 | |
| 31-12-2016 | micro format | 19-06-2017 | 2017-17900502 |