BIL
ActiveSummary
The annual accounts of BIL for financial year 2025 show a net loss of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €2,492 and a net result of -€12,745. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 28% of 22,774 sector peers (NACE 47, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-02-2010 Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716and 2 others
- Establishment unit
- 2.185.453.946 1030 Schaarbeek, since 01-03-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €34,528
- ▼ 21.5%
- Turnover
- ≈ €170,000
- estimated
- Loss
- €12,745
- Equity
- €2,492
- ▼ 83.6%
- Total assets
- €29,446
- ▼ 34.9%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €12,745 (financial year 2025)Sector: Retail trade (NACE 47)lowers riskSize: total assets €29,446Founded in 2010Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (NACE 47, micro). It does better than 25% of them on solvency, 20% on liquidity, 6% on profitability and 7% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 05-07-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is a loss of €6,681, after a profit of €4,655 in 2024.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| On a permanent contract | 1 | - | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €4,450 |
| Depreciation and write-downs of the year | €4,143 | - | - | - | €260 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €97,602 | €99,867 | €78,493 | €102,390 | €97,823 | ▼ 4.5% |
| Remuneration, social security and pensions62 | - | - | - | €26,077 | €27,721 | €30,142 | €29,663 | €30,127 | ▲ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €672 | €672 | - | €4,143 | - | - | - | €260 | - |
| Other operating charges640/8 | - | - | - | €1,002 | €4,938 | €924 | €9,690 | €10,823 | ▲ 11.7% |
| Gross operating margin9900 | €41,004 | €32,812 | €24,967 | €34,361 | €24,732 | €26,211 | €44,009 | €34,528 | ▼ 21.5% |
| Operating profit (loss)9901 | -€7,977 | -€14,757 | €3,023 | €3,139 | -€7,927 | -€4,855 | €4,655 | -€6,681 | - |
| Financial income75/76B | - | - | - | - | - | €0 | - | - | - |
| Recurring financial income75 | - | €1 | €683 | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €48 | €96 | - | €2,071 | €64 | ▼ 96.9% |
| Recurring financial charges65 | €73 | €259 | €86 | €48 | €96 | - | €51 | €64 | ▲ 25.9% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €2,020 | - | - |
| Profit (loss) for the period before taxes9903 | -€8,051 | -€15,015 | €3,621 | €3,091 | -€8,023 | -€4,855 | €2,585 | -€6,745 | - |
| Income taxes67/77 | -€530 | €14 | €114 | €96 | -€81 | €69 | - | €6,000 | - |
| Profit (loss) for the period9904 | -€7,521 | -€15,029 | €3,507 | €2,995 | -€7,942 | -€4,924 | €2,585 | -€12,745 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,521 | -€15,029 | €3,507 | €2,995 | -€7,942 | -€4,924 | €2,585 | -€12,745 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €50,376 | €39,998 | €51,432 | €32,735 | €32,196 | €27,055 | €45,244 | €29,446 | ▼ 34.9% |
| Fixed assets21/28 | €8,442 | €7,770 | €16,056 | €11,913 | €7,770 | €7,770 | €7,770 | €11,960 | ▲ 53.9% |
| Tangible fixed assets22/27 | €672 | - | €8,286 | €4,143 | - | - | - | €4,190 | - |
| Furniture and vehicles24 | - | - | - | €4,143 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €4,190 | - |
| Financial fixed assets28 | €7,770 | €7,770 | €7,770 | €7,770 | €7,770 | €7,770 | €7,770 | €7,770 | = |
| Current assets29/58 | €41,933 | €32,228 | €35,376 | €20,822 | €24,426 | €19,285 | €37,474 | €17,485 | ▼ 53.3% |
| Stocks and contracts in progress3 | €5,140 | €14,390 | €11,275 | €10,891 | €11,247 | €9,021 | €8,626 | €8,752 | ▲ 1.5% |
| Stocks30/36 | - | - | - | €10,891 | €11,247 | €9,021 | €8,626 | €8,752 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €18,043 | - | €11,719 | €3,200 | €6,856 | €5,303 | €5,404 | €3,596 | ▼ 33.5% |
| Trade receivables40 | - | - | - | - | €3,260 | €1,707 | €1,617 | - | - |
| Other amounts receivable41 | - | - | - | €3,200 | €3,596 | €3,596 | €3,787 | €3,596 | ▼ 5.1% |
| Cash at bank and in hand54/58 | €15,358 | €16,321 | €10,871 | €5,157 | €6,324 | €4,961 | €20,721 | €5,137 | ▼ 75.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,575 | - | - | €2,723 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €50,376 | €39,998 | €51,432 | €32,735 | €32,196 | €27,055 | €45,244 | €29,446 | ▼ 34.9% |
| Equity10/15 | €34,046 | €19,017 | €22,524 | €25,518 | €17,577 | €12,653 | €15,238 | €2,492 | ▼ 83.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €13,586 | -€1,443 | €2,064 | €5,058 | -€2,883 | -€7,807 | -€5,222 | -€17,968 | ▼ 244% |
| Amounts payable17/49 | €16,330 | €20,981 | €28,908 | €7,217 | €14,620 | €14,402 | €30,006 | €26,954 | ▼ 10.2% |
| Amounts payable within one year42/48 | €16,330 | €20,981 | €28,908 | €7,217 | €14,572 | €14,402 | €30,006 | €26,954 | ▼ 10.2% |
| Trade debts44 | €5,473 | €854 | €20,168 | €586 | €5,852 | €2,743 | €6,448 | €7,860 | ▲ 21.9% |
| Suppliers440/4 | - | - | - | €586 | €5,852 | €2,743 | €6,448 | €7,860 | ▲ 21.9% |
| Taxes, remuneration and social security45 | - | - | - | €5,831 | €8,388 | €8,278 | €20,177 | €8,713 | ▼ 56.8% |
| Taxes450/3 | - | - | - | €1,614 | €4,207 | €3,729 | €15,441 | €3,582 | ▼ 76.8% |
| Remuneration and social security454/9 | - | - | - | €4,217 | €4,182 | €4,549 | €4,737 | €5,131 | ▲ 8.3% |
| Other amounts payable47/48 | - | - | - | €799 | €331 | €3,381 | €3,381 | €10,381 | ▲ 207% |
| Accrued charges and deferred income492/3 | - | - | - | - | €48 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,521 | -€15,029 | €3,507 | €2,995 | -€7,942 | -€4,924 | €2,585 | -€12,745 | - |
| + Depreciation and write-downs630 | €672 | €672 | - | €4,143 | - | - | - | €260 | - |
| Operating cash flow (approximation) | -€6,849 | -€14,357 | €3,507 | €7,137 | -€7,942 | -€4,924 | €2,585 | -€12,486 | - |
| Investment in fixed assets (approximation) | - | €0 | -€8,286 | €0 | €4,143 | €0 | €0 | -€4,450 | - |
| Change in cash | - | €963 | -€5,450 | -€5,714 | €1,167 | -€1,362 | €15,760 | -€15,583 | - |
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, 642 companies had the same profile as BIL has now. Two years later, 89.7% were still going and 3.6% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 1.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BIL itself is lower: 0.6% within 12 months. It rests on far more data about BIL than the profile alone.
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 642 companies, not a prediction for BIL. 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 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-07-2026 | 2026-00258425 | |
| 31-12-2024 | micro format | 05-08-2025 | 2025-00361141 | |
| 31-12-2023 | micro format | 03-08-2024 | 2024-00328090 | |
| 31-12-2022 | micro format | 20-08-2023 | 2023-00338960 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20175764 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-56400262 | |
| 31-12-2019 | full format | 30-10-2020 | 2020-66600095 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-61000398 | |
| 31-12-2017 | full format | 29-07-2018 | 2018-39900025 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-57500085 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 14-02-2024 Converted to unavailable equity · €20,460
Network & group
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
14-02
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousCapital conversion · Share issue · Board composition7 points ▸
- General meeting, 23-12-2023
- Other provision, “SRL, constatation_transformation_en_SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Share issue, 100, “Article 5” (deed in French)
- Board composition, EL MADI Mohamed (administrateur unique)
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
32 activities
- L'édition de livres,romans cartes de vœux documentation économique,disques et impressions de carte géographiques,compact discs et cd-roms:
- Atelier de confection et de vente de vêtements traditionnels et artisanaux marocains;
- Atelier de fabrication de tous produits de boulangerie et de pâtisserie,boulangerie artisanale,dépôt de pains,de tous produits alimentaires et non alimentaires;
- Lavoirs,agence de voyage,brico;
- Tous snacks-bars,bars,salons de thé et de dégustation,brasseries,hôtels,résidence,restaurants,tavernes,cafés,cabarets,discothèques,buffets,vestiaires pour publics,locations de places,salles d'organisation,de banquet et service traiteur,salon de consommation;
- L'exploitation de boucherie,de poissonnerie;
- L'élaboration de services de sites internet,de messagerie,les services de fax.De cabines téléphoniques,cartes téléphoniques,d'internet et de photocopies,téléboutiques,librairie et bouquinerie,de laboratoires de développement photos,d'atelier de tournage,d'affûtage et de rectification de pièces mécaniques;
- Toutes activités de taxis,car-wash,station service(tous carburants tels que mazout,diesel,gaz,...),garage avec atelier de réparation et négociant de véhicules à moteur neuf et d'occasion,entretien et dépannage,ainsi que tous accessoires automobiles,atelier de carrosserie,vente pièces détachées,import,export,
- L'exploitation d'un salon de coiffure,
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales,notamment le nettoyage et l'entretien d'immeubles,le nettoyage de vitres et de bureaux,de petits travaux de bureaux,services intérimaires,sous-traitance,toutes prestations de transport national ou international de personnes ou de choses pour son propres compte ou le compte d'un tiers.
- Toutes opérations généralement quelconques,se rapportant directement ou indirectement au commerce,à la fabrication,la location,l'achat,la vente en gros ou en détail,la représentation,la distribution,le service,le conditionnement,l'exploitation et le courtage,l'importation et l'exportation,soit pour son propre compte soit pour le compte d'un tiers.
- L'élagage des arbres et des haies l'aménagement de parcs et jardins déblayage de chantiers:terrassements:
- La construction d'autoroutes,de routes,de rue,de chaussées et d'autres voies pour véhicules et piétons;
- Forage et construction de puits d'eau:travaux de levage montage et démontage d'échafaudages;
- Rejointoiement;isolation,isolation de canalisations de chauffage ou de réfrigération;
- Travaux d'isolation de chambres froides ou d'entrepôts frigorifiques et de signalisations pour chaussées;
- Installation de stores et bannes,d'antennes d'immeubles et paratonnerres:
- Peinture de navire et de bateaux;
- Sablage et nettoyage des parties extérieures des bâtiments nettoyage bâtiment nouveau et remis en état après travaux:
- La sécurité privée et le gardiennage.
- Entreprise générale de bâtiment,gros œuvre,parachèvement et finition,peinture,maçonnerie,électricité,toiture fourniture et pause de châssis;
- Matériaux de construction,matériel électrique,et électronique,sanitaire et de plomberie;
- Vidéothèques,location de produits de divertissements,films et tout autre produit assimilé;
- Tous produits alimentaires tels que fruits,légumes,conserves,produits laitiers.produits de la mer,poissons,boucherie,articles de ménage et articles cadeaux,tous textiles en général,vêtements divers,chaussures cordonnerie,serrurerie,maroquinerie dans le sens plus large:
- Tous produits de l'artisanat en général,tapisseries,y compris les articles du Tiers-Monde;
- Tous les articles de parfumerie,de toilette,cosmétiques,produits de beauté,maquillage ainsi que savons et détergents;produits ménagers,articles de maroquinerie;
- Tous les articles d'horticulture tels que fleurs,plantes,articles de jardinage,aménagement et entretien de jardins et de pépinières;
- Tous livres,antiquités,brocantes,objets de décoration,machines industrielles.
- Tous appareils électroménagers,tous films de bandes magnétiques,cassettes,DVD,tous articles imprimés ou enregistrés permettant leur lecture vision ou audition;
- Tous matériaux de bureau,électroniques,mécaniques et de l'informatique réseaux,télécommunications.GSM programmations sur mesure,maintenances et réparations,matériels bureautiques,télédétections,hardware,software,créations de site internet et extranet.
- Toutes prestations de services,de publicités,de transports par toutes voies,de mailing par voies postales d'internet ou autres moyens existants ou à venir,de traitement de courriers pour son compte ou celui d'autrui.
- Vente sur les marchés ambulants.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21909E0029/00C006 | Brussels | 104 m² | 1 · 79 m² | 20.8 m · 6 |