BINCA
ActiveSummary
The computed 12-month bankruptcy probability of BINCA is 2.9% (moderate). For BINCA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€161,989) and a net result of -€82,770. Equity is shrinking by ~76.4% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability6▼-1
Solvency5▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-19.6%
Return on assets
-10%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-10-2024, 84 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
84 d late
2022
66 d late
2021
29 d late
2020
30 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 61 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 (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€161,989▼ 104%
2022 · -€79,218
Total assets
€826,857▼ 20.1%
2022 · €1.0m
Net result
-€82,770▲ 17.1%
2022 · -€99,813
Working capital
-€348,020▲ 54.2%
2022 · -€760,676
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€60,833▼ 60.0%-€6,374▲ 89.5%-€4,431▲ 30.5%-€18,188▼ 310%-€13,782▲ 24.2%
Net result-€82,765▼ 108%-€25,239▲ 69.5%-€31,614▼ 25.3%-€99,813▼ 216%-€82,770▲ 17.1%
Equity€77,447▼ 51.7%€52,209▼ 32.6%€20,595▼ 60.6%-€79,218-€161,989▼ 104%
Total assets€1.0m▲ 155%€1.0m▼ 0.2%€1.0m▼ 0.2%€1.0m▼ 0.7%€826,857▼ 20.1%
Debt€968,322▲ 287%€991,183▲ 2.4%€1.0m▲ 3.0%€1.1m▲ 9.1%€988,846▼ 11.2%
Working capital-€777,684▼ 1,051%-€785,127-€760,676▲ 3.1%-€348,020▲ 54.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13,782 in 2023 against €18,188 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €826,857
Fixed assets
€825,118 ▼ 20.2%
Current assets
€1,739 ▲ 95.2%
Key figures and ratios
EBITDA
-€10,044▲
2022 · -€13,420
Cash flow
-€79,033▲
2022 · -€95,045
Solvency
-19.6%▼
2022 · -7.7%
Current ratio
0.00▲
2022 · 0.00
Debt to equity
-6.10▲
2022 · -14.06
ROA
-10.0%▼
2022 · -9.6%
Interest coverage
-0.15▲
2022 · -0.16
Debt ≤ 1 year
€349,760▼
2022 · €761,567
Debt > 1 year
€639,086▲
2022 · €352,398
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,451 | €2,295 | €4,768 | €4,768 | €3,738 | ▼ 21.6% |
| Other operating charges640/8 | - | - | - | €9,756 | €10,802 | ▲ 10.7% |
| Gross operating margin9900 | -€2,020 | -€2,098 | €337 | -€3,664 | €757 | ▲ 121% |
| Operating profit (loss)9901 | -€60,833 | -€6,374 | -€4,431 | -€18,188 | -€13,782 | ▲ 24.2% |
| Financial charges65/66B | - | - | €27,183 | €81,625 | €68,988 | ▼ 15.5% |
| Recurring financial charges65 | €21,932 | €18,864 | €27,183 | €81,625 | €68,988 | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | -€82,765 | -€25,239 | -€31,614 | -€99,813 | -€82,770 | ▲ 17.1% |
| Profit (loss) for the period9904 | -€82,765 | -€25,239 | -€31,614 | -€99,813 | -€82,770 | ▲ 17.1% |
| Profit (loss) for the period to be appropriated9905 | -€82,765 | -€25,239 | -€31,614 | -€99,813 | -€82,770 | ▲ 17.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €1.0m | €1.0m | €826,857 | ▼ 20.1% |
| Fixed assets21/28 | €1.0m | €1.0m | €1.0m | €1.0m | €825,118 | ▼ 20.2% |
| Tangible fixed assets22/27 | €1.0m | €1.0m | €1.0m | €1.0m | €825,118 | ▼ 20.2% |
| Land and buildings22 | - | - | €1.0m | €1.0m | €825,118 | ▼ 20.2% |
| Current assets29/58 | €82 | - | €3,183 | €891 | €1,739 | ▲ 95.2% |
| Amounts receivable within one year40/41 | - | - | - | - | €948 | - |
| Trade receivables40 | - | - | - | - | €948 | - |
| Cash at bank and in hand54/58 | - | - | €3,183 | €891 | €791 | ▼ 11.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.0m | €1.0m | €826,857 | ▼ 20.1% |
| Equity10/15 | €77,447 | €52,209 | €20,595 | -€79,218 | -€161,989 | ▼ 104% |
| Contributions10/11 | €200,000 | - | €200,000 | €200,000 | €200,000 | = |
| Profit (loss) carried forward14 | -€122,553 | -€147,791 | -€179,405 | -€279,218 | -€361,989 | ▼ 29.6% |
| Amounts payable17/49 | €968,322 | €991,183 | €1.0m | €1.1m | €988,846 | ▼ 11.2% |
| Amounts payable after more than one year17 | €187,371 | €213,701 | €232,902 | €352,398 | €639,086 | ▲ 81.4% |
| Financial debts170/4 | - | - | €46,888 | €30,110 | €28,204 | ▼ 6.3% |
| Other amounts payable178/9 | - | - | €186,014 | €322,288 | €610,882 | ▲ 89.5% |
| Amounts payable within one year42/48 | €777,766 | €777,482 | €788,311 | €761,567 | €349,760 | ▼ 54.1% |
| Current portion of amounts payable after more than one year42 | - | - | €9,335 | €16,778 | €9,828 | ▼ 41.4% |
| Financial debts43 | - | - | €753,854 | €683,486 | €265,900 | ▼ 61.1% |
| Credit institutions430/8 | - | - | €753,854 | €683,486 | €265,900 | ▼ 61.1% |
| Trade debts44 | €4,219 | €5,321 | €2,656 | €11,260 | €23,257 | ▲ 107% |
| Suppliers440/4 | - | - | €2,656 | €11,260 | €23,257 | ▲ 107% |
| Other amounts payable47/48 | - | - | €22,466 | €50,042 | €50,775 | ▲ 1.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€82,765 | -€25,239 | -€31,614 | -€99,813 | -€82,770 | ▲ 17.1% |
| + Depreciation and write-downs630 | €54,451 | €2,295 | €4,768 | €4,768 | €3,738 | ▼ 21.6% |
| Operating cash flow (approximation) | -€28,314 | -€22,944 | -€26,846 | -€95,045 | -€79,033 | ▲ 16.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €205,000 | - |
| Change in cash | - | - | - | -€2,293 | -€100 | ▲ 95.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet -€99,813
Net result drops to -€99,813, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur
Ground area
4,728 m²
Building footprint
1,149 m²
Volume, LiDAR
5,147 m³
Parcel 92095B0011/00X000, Wallonia · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0011/00X000 | Wallonia | 4,728 m² | 1 · 1,149 m² | 5.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded16-08-2017
Fiscal year end31-12
Contact
E-mail
info@binca.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0679825785
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.