BIF
ActiveSummary
BIF has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,995) and a net result of -€8,437. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- -€27,995
- Loss
- -€8,437
- Largest shareholder
- Buchmüller Invest · 50%
Why 54Capped at 59: negative equity- Liquidity: current ratio 259.14, cash €2,426- Negative equity -€27,995+ Size: total assets €1.7m+ No main activity registeredShow the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €1.7m lowers the probability for this profile
- Liquidity: current ratio 259.14, cash €2,426 raises the probability
- No main activity registered lowers the probability
- Negative equity -€27,995 raises the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 15%, liquidity 39%, profitability 26%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
2024 to 2025, 2 fiscal years
The operating result stays negative: a loss of €6,722 in 2025 against €17,121 in 2024; the loss shrinks.
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 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,471 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 1,251 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €116 | €367 | ▲ 217% |
| Gross operating margin9900 | -€17,005 | -€6,355 | ▲ 62.6% |
| Operating profit (loss)9901 | -€17,121 | -€6,722 | ▲ 60.7% |
| Financial income75/76B | €97,293 | €85,640 | ▼ 12.0% |
| Recurring financial income75 | €97,293 | €85,640 | ▼ 12.0% |
| Financial charges65/66B | €99,829 | €87,355 | ▼ 12.5% |
| Recurring financial charges65 | €99,829 | €87,355 | ▼ 12.5% |
| Profit (loss) for the period before taxes9903 | -€19,657 | -€8,437 | ▲ 57.1% |
| Profit (loss) for the period9904 | -€19,657 | -€8,437 | ▲ 57.1% |
| Profit (loss) for the period to be appropriated9905 | -€19,657 | -€8,437 | ▲ 57.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.3m | €1.7m | ▲ 30.1% |
| Current assets29/58 | €1.3m | €1.7m | ▲ 30.1% |
| Amounts receivable after more than one year29 | €1.2m | €1.5m | ▲ 25.5% |
| Trade receivables290 | €1.2m | €1.5m | ▲ 25.5% |
| Cash at bank and in hand54/58 | €0.004m | €0.002m | ▼ 35.2% |
| Deferred charges and accrued income490/1 | €0.1m | €0.2m | ▲ 88.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.3m | €1.7m | ▲ 30.1% |
| Equity10/15 | -€0.02m | -€0.03m | ▼ 43.1% |
| Contributions10/11 | €100 | €100 | = |
| Profit (loss) carried forward14 | -€0.02m | -€0.03m | ▼ 42.9% |
| Amounts payable17/49 | €1.3m | €1.7m | ▲ 30.3% |
| Amounts payable after more than one year17 | €1.2m | €1.5m | ▲ 25.0% |
| Financial debts170/4 | €1.2m | €1.5m | ▲ 25.0% |
| Amounts payable within one year42/48 | €0.001m | €0.006m | ▲ 840% |
| Trade debts44 | €174 | €0.001m | ▲ 704% |
| Suppliers440/4 | €174 | €0.001m | ▲ 704% |
| Other amounts payable47/48 | €0.001m | €0.005m | ▲ 886% |
| Accrued charges and deferred income492/3 | €0.09m | €0.2m | ▲ 91.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€19,657 | -€8,437 | ▲ 57.1% |
| Operating cash flow (approximation) | -€19,657 | -€8,437 | ▲ 57.1% |
| Change in cash | - | -€1,316 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Directors
Owners and capital
Owners
1 ownerOwners 1
-
50%
According to the annual accounts of the companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Group and network
Connections & network
No directors read yet: 0 of 1 Gazette act processed.
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 6 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0567/00Y014 | Flanders | 201 m² | 1 · 75 m² | 0.0 m |