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BIEVAN

Active
Public limited companyfounded 1992active for 34 yearsTapuitstraat 48, 8790 Waregem, BelgiumKBO/BCE: BE 0448.067.645
Summary

BIEVAN has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164,728 and a net result of €1,969. Equity is shrinking by about 3.1% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€513,896total assets 2025
Equity
€164,728
Profit
€1,969
Turnover not published (micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
4 members
2025 accounts 57 days early1 of 4 deeds summarised
Why 91raises riskLiquidity: current ratio 0.01, cash €2,066lowers riskSize: total assets €513,896Founded in 1992Figures for financial year 2025 (filed 04-06-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 57+1
equity 32.1% of total assets
Liquidity 24=
short-term debt 52.2% · cash 0.4%
Profitability 62+6
return on assets 0.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.01, compared with 0.01 in 2024, below 1; short-term debt: 52.2% and cash: 0.4% of total assets), and 67.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 34% on solvency, 14% on liquidity, 41% on profitability and 52% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €513,896
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 04-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.01, cash €2,066
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
43 days early
2023
43 days early
2022
49 days early
2021
40 days early
2020
35 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Biebau Paul, Larno Godelieva and…Gazette deed
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Back to profitnet €1,969

Financials · financial year 2025, micro format

Equity
€164,728▲ 1.2%
2024 · €162,759
Total assets
€513,896▼ 3.0%
2024 · €529,926
Net result
€1,969
2024 · -€350
Working capital
-€266,267▲ 2.1%
2024 · -€272,093
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 46% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€5,603 2025 Net result€1,969 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€22,694--€10,354▲ 54.4%-€7,871▲ 24.0%-€14,231▼ 80.8%€2,288-€9,732€3,834€5,603▲ 46.1%
Net result-€21,434--€9,008▲ 58.0%-€6,152▲ 31.7%-€12,288▼ 99.7%€2,096-€11,169-€350▲ 96.9%€1,969
Equity€199,630-€190,622▼ 4.5%€184,470▼ 3.2%€172,182▼ 6.7%€174,278▲ 1.2%€163,109▼ 6.4%€162,759▼ 0.2%€164,728▲ 1.2%
Total assets€530,011-€496,940▼ 6.2%€464,634▼ 6.5%€433,192▼ 6.8%€425,522▼ 1.8%€546,099▲ 28.3%€529,926▼ 3.0%€513,896▼ 3.0%
Debt€306,233-€285,526▼ 6.8%€262,727▼ 8.0%€246,929▼ 6.0%€238,155▼ 3.6%€370,892▲ 55.7%€355,698▼ 4.1%€338,329▼ 4.9%
Working capital-€201,301--€200,406▲ 0.4%-€196,760▲ 1.8%-€196,385▲ 0.2%-€200,947▼ 2.3%-€275,981▼ 37.3%-€272,093▲ 1.4%-€266,267▲ 2.1%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513,896
Fixed assets €511,830 ▼ 3.1%
Current assets €2,066 ▲ 27.2%
Equity and liabilities €513,896
Equity €164,728 ▲ 1.2%
Provisions €10,839 ▼ 5.5%
Debt €338,329 ▼ 4.9%
Debt's share of the balance-sheet total falls from 67.1% to 65.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22,075▲
2024 · €21,277
Cash flow
€18,441▲
2024 · €17,093
Current ratio
0.01▲
2024 · 0.01
Debt to equity
2.05▼
2024 · 2.19
ROE
1.2%▲
2024 · -0.2%
ROA
0.4%▲
2024 · -0.1%
Interest coverage
5.18▲
2024 · 4.42
Debt ≤ 1 year
€268,333▼
2024 · €273,717
Debt > 1 year
€69,236▼
2024 · €81,221
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.1% still going

A further 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€529,926€513,896▼
Fixed assets21/28€528,302€511,830▼
Tangible fixed assets22/27€528,052€511,580▼
Land and buildings22€528,052€511,580▼
Financial fixed assets28€250€250=
Current assets29/58€1,624€2,066▲
Cash at bank and in hand54/58€1,624€2,066▲
Equity and liabilities
Total equity and liabilities10/49€529,926€513,896▼
Equity10/15€162,759€164,728▲
Contributions10/11€247,894€247,894=
Capital10€247,894€247,894=
Issued capital100€247,894€247,894=
Reserves13€22,273€21,051▼
Tax-exempt reserves132€22,273€21,051▼
Profit (loss) carried forward14-€107,408-€104,217▲
Provisions and deferred taxes16€11,469€10,839▼
Deferred taxes168€11,469€10,839▼
Amounts payable17/49€355,698€338,329▼
Amounts payable after more than one year17€81,221€69,236▼
Financial debts170/4€81,221€69,236▼
Amounts payable within one year42/48€273,717€268,333▼
Current portion of amounts payable after more than one year42€11,426€11,984▲
Other amounts payable47/48€262,291€256,349▼
Accrued charges and deferred income492/3€760€760=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,443€16,472▼
Other operating charges640/8€4,183€4,313▲
Gross operating margin9900€25,460€26,388▲
Operating profit (loss)9901€3,834€5,603▲
Financial charges65/66B€4,813€4,263▼
Recurring financial charges65€4,813€4,263▼
Profit (loss) for the period before taxes9903-€979€1,340▲
Transfer from deferred taxes780€629€629=
Profit (loss) for the period9904-€350€1,969▲
Transfer from tax-exempt reserves789€1,222€1,222=
Profit (loss) for the period to be appropriated9905€872€3,191▲
Appropriation of the result
Profit (loss) to be appropriated9906-€107,408-€104,217▲
Profit (loss) brought forward from the previous period14P-€108,280-€107,408▲

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

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,040€31,850€31,850€31,850€19,815€27,881€17,443€16,472▼ 5.6%
Other operating charges640/8---€5,237€3,670€4,014€4,183€4,313▲ 3.1%
Gross operating margin9900€24,635€24,854€27,554€22,856€25,773€22,163€25,460€26,388▲ 3.6%
Operating profit (loss)9901-€22,694-€10,354-€7,871-€14,231€2,288-€9,732€3,834€5,603▲ 46.1%
Financial charges65/66B---€1,413€1,183€2,428€4,813€4,263▼ 11.4%
Recurring financial charges65€2,899€2,010€1,637€1,413€1,183€2,428€4,813€4,263▼ 11.4%
Profit (loss) for the period before taxes9903-€25,593-€12,364-€9,508-€15,644€1,105-€12,160-€979€1,340-
Transfer from deferred taxes780---€3,356€991€991€629€629=
Profit (loss) for the period9904-€21,434-€9,008-€6,152-€12,288€2,096-€11,169-€350€1,969-
Transfer from tax-exempt reserves789---€6,517€1,926€1,925€1,222€1,222=
Profit (loss) for the period to be appropriated9905-€13,357-€2,491€365-€5,771€4,022-€9,244€872€3,191▲ 266%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€530,011€496,940€464,634€433,192€425,522€546,099€529,926€513,896▼ 3.0%
Fixed assets21/28€526,521€494,671€462,821€430,971€423,666€544,596€528,302€511,830▼ 3.1%
Tangible fixed assets22/27€526,271€494,421€462,571€430,721€423,416€544,346€528,052€511,580▼ 3.1%
Land and buildings22---€430,721€423,416€544,346€528,052€511,580▼ 3.1%
Financial fixed assets28€250€250€250€250€250€250€250€250=
Current assets29/58€3,490€2,269€1,813€2,221€1,856€1,503€1,624€2,066▲ 27.2%
Cash at bank and in hand54/58€3,490€2,269€1,813€2,221€1,856€1,503€1,624€2,066▲ 27.2%
Equity and liabilities
Total equity and liabilities10/49€530,011€496,940€464,634€433,192€425,522€546,099€529,926€513,896▼ 3.0%
Equity10/15€199,630€190,622€184,470€172,182€174,278€163,109€162,759€164,728▲ 1.2%
Contributions10/11€247,894€247,894€247,894€247,894€247,894€247,894€247,894€247,894=
Capital10---€247,894€247,894€247,894€247,894€247,894=
Issued capital100---€247,894€247,894€247,894€247,894€247,894=
Reserves13€46,897€40,380€33,863€27,346€25,420€23,495€22,273€21,051▼ 5.5%
Tax-exempt reserves132---€27,346€25,420€23,495€22,273€21,051▼ 5.5%
Profit (loss) carried forward14-€95,161-€97,652-€97,287-€103,058-€99,036-€108,280-€107,408-€104,217▲ 3.0%
Provisions and deferred taxes16€24,148€20,792€17,437€14,081€13,089€12,098€11,469€10,839▼ 5.5%
Deferred taxes168---€14,081€13,089€12,098€11,469€10,839▼ 5.5%
Amounts payable17/49€306,233€285,526€262,727€246,929€238,155€370,892€355,698€338,329▼ 4.9%
Amounts payable after more than one year17€100,682€82,091€63,394€47,563€34,592€92,648€81,221€69,236▼ 14.8%
Financial debts170/4---€47,563€34,592€92,648€81,221€69,236▼ 14.8%
Other amounts payable178/9---€0-----
Amounts payable within one year42/48€204,791€202,675€198,573€198,606€202,803€277,484€273,717€268,333▼ 2.0%
Current portion of amounts payable after more than one year42---€15,832€12,971€13,504€11,426€11,984▲ 4.9%
Other amounts payable47/48---€182,774€189,832€263,980€262,291€256,349▼ 2.3%
Accrued charges and deferred income492/3---€760€760€760€760€760=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€21,434-€9,008-€6,152-€12,288€2,096-€11,169-€350€1,969-
+ Depreciation and write-downs630€44,040€31,850€31,850€31,850€19,815€27,881€17,443€16,472▼ 5.6%
Operating cash flow (approximation)€22,606€22,842€25,698€19,562€21,911€16,712€17,093€18,441▲ 7.9%
Investment in fixed assets (approximation)-€0€0€0-€12,510-€148,811-€1,149€0-
Change in cash--€1,221-€456€408-€365-€353€121€442▲ 265%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 04-06-2026 2026-00137308
31-12-2024 micro format 18-06-2025 2025-00149431
31-12-2023 micro format 18-06-2024 2024-00136524
31-12-2022 micro format 12-06-2023 2023-00119091
31-12-2021 micro format 21-06-2022 2022-20076678
31-12-2020 micro format 26-06-2021 2021-24900150
31-12-2019 micro format 08-06-2020 2020-15000161
31-12-2018 micro format 28-06-2019 2019-24000547
31-12-2017 micro format 25-06-2018 2018-21600050
31-12-2016 abbreviated format 08-07-2017 2017-28600402

Show all 33 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26077908). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

Biebau Paul
Chair of the board · since 02-06-2026 · Director · since 02-06-2026
Current
Biebau Katrien
Director · since 02-06-2026
Current
Himpe Stefaan
Director · since 02-06-2026
Current
Larno Godelieva
Director · since 02-06-2026
Current

Day-to-day management 2

Biebau Paul
Managing director · since 02-06-2026
Current
Larno Godelieva
Managing director · since 02-06-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2026, 4 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Biebau Katrien
  • Director, since before 02-06-2026
Biebau Paul
  • Chair of the board, since before 02-06-2026
  • Director, since before 02-06-2026
  • Managing director, since before 02-06-2026
Himpe Stefaan
  • Director, since before 02-06-2026
Larno Godelieva
  • Director, since before 02-06-2026
  • Managing director, since before 02-06-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

4 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 26 August 1992, BIEVAN was incorporated.1 Total assets went from €530,011 in 2018 to €513,896 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
18-06
Gazette deed Reappointments: Biebau Paul, Larno Godelieva and 2 others
9 facts ▸
  • General meeting, 02-06-2026
  • Director reappointment, Biebau Paul (director)
  • Director reappointment, Larno Godelieva (director)
  • Director reappointment, Biebau Katrien (director)
  • Director reappointment, Himpe Stefaan (director)
  • Board meeting, 02-06-2026
  • Director reappointment, Biebau Paul (chair of the board)
  • Director reappointment, Biebau Paul (managing director)
  • Director reappointment, Larno Godelieva (managing director)
04-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €1,969
Net result €1,969 after 2 loss-making years.
18-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
18-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
12-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Back to profitnet €2,096
Net result €2,096 after 4 loss-making years.
21-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
26-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
08-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
28-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
25-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
08-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded26-08-1992
Financial year end31-12
Contact
E-mail bievan@belgacom.net
Phone 056 603742
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448067645
Also 9925:BE0448067645
Registered 21-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1993
registered office establishment The establishment unit on the map
Ground area
1,858 m²
Building footprint
204 m²
Building volume
1,159 m³
Parcel 34453D0059/00D002, Flanders · tallest building 9.0 m. Linked by address, not a title deed.
1 establishment unit
BIEVAN NV
Tapuitstraat 48, 8790 WaregemRenting and operating of own or leased residential real estate, excluding social housing
since 1993unit no. 2.062.390.046
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34453D0059/00D002 Flanders 1,858 m² 1 · 204 m² 9.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.