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BINDSOL

Active
Private limited companyfounded 20223 yrs activeHerbert Hooverlaan 4, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0793.511.666
Summary

The computed 12-month bankruptcy probability of BINDSOL is 2.8% (moderate). The 2025 annual accounts show equity of €3.6m and a net result of €3.5m. Its solvency ranks better than 76% of 11425 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability100=
Solvency99▲+46
Growth78
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 3.81 against 0.96 in 2023; short-term debt: 23.2% and cash: 53.4% of total assets), and 25.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.1%
Return on assets
73.6%
Age of the figures
12 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 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 · 2 filings
Deviation from the deadline
2025
27 d late
2023
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 November 2022, BINDSOL was incorporated as a Private limited company.1 Total assets went from EUR 91,501 in 2023 to EUR 4.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€3.6m▲ 13,654%
2023 · €25,978
Total assets
€4.8m▲ 5,169%
2023 · €91,501
Net result
€3.5m▲ 14,693%
2023 · €23,978
Working capital
€3.1m
2023 · -€2,621
Trend over the years

Click a name to add, emphasise or remove a line.

Available amounts per fiscal year
Line20232025
Operating result€32,740-€4.7m-
Net result€23,978-€3.5m-
Equity€25,978-€3.6m-
Total assets€91,501-€4.8m-
Debt€65,523-€1.2m-
Working capital-€2,621-€3.1m-
Staff (FTE)1.3-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2.0m€4.0mOperating result 2023: €32,740€32,740Net result 2023: €23,978€23,978Operating result 2025: €4.7m€4.7mNet result 2025: €3.5m€3.5m20232025€0€2m€4mOperating result 2023: €32,740€32,700Net result 2023: €23,978€24,000Operating result 2025: €4.7m€4.7mNet result 2025: €3.5m€3.5m20232025
The operating result is €4.7m in 2025, compared with €32,740 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €4.8m
Fixed assets €568,608 ▲ 1,888%
Current assets €4.3m ▲ 6,661%
Equity and liabilities €4.8m
Equity €3.6m ▲ 13,654%
Debt €1.2m ▲ 1,805%
Debt's share of the balance-sheet total falls from 71.6% to 25.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2023
EBITDA
€4.9m▲
2023 · €33,361
Cash flow
€3.7m▲
2023 · €24,599
Current ratio
3.81▲
2023 · 0.96
Debt to equity
0.35▼
2023 · 2.52
ROE
99.3%▲
2023 · 92.3%
ROA
73.6%▲
2023 · 26.2%
Interest coverage
267.52▲
2023 · 67.11
Debt ≤ 1 year
€1.1m▲
2023 · €65,523
Debt > 1 year
€130,821
Income taxes
€1.1m▲
2023 · €8,265
Staff costs
€54,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 2023 · 49 lines
Balance sheet Code20232025
Assets
Total assets20/58€91,501€4.8m▲
Fixed assets21/28€28,599€568,608▲
Tangible fixed assets22/27€28,599€561,888▲
Plant, machinery and equipment23-€267,952
Furniture and vehicles24€28,599€94,671▲
Leasing and similar rights25-€183,333
Other tangible fixed assets26-€15,932
Financial fixed assets28-€6,720
Current assets29/58€62,902€4.3m▲
Amounts receivable after more than one year29-€760,000
Trade receivables290-€760,000
Amounts receivable within one year40/41€37,621€913,641▲
Trade receivables40€35,558€874,746▲
Other amounts receivable41€2,063€38,895▲
Cash at bank and in hand54/58€25,281€2.6m▲
Deferred charges and accrued income490/1-€3,721
Equity and liabilities
Total equity and liabilities10/49€91,501€4.8m▲
Equity10/15€25,978€3.6m▲
Contributions10/11€2,000€2,000=
Reserves13-€999,997
Tax-exempt reserves132-€999,997
Profit (loss) carried forward14€23,978€2.6m▲
Amounts payable17/49€65,523€1.2m▲
Amounts payable after more than one year17-€130,821
Financial debts170/4-€130,821
Amounts payable within one year42/48€65,523€1.1m▲
Current portion of amounts payable after more than one year42-€31,588
Trade debts44€54,531€155,819▲
Suppliers440/4€54,531€155,819▲
Taxes, remuneration and social security45€10,515€929,307▲
Taxes450/3€10,515€925,691▲
Remuneration and social security454/9-€3,616
Other amounts payable47/48€477€629▲
Income statement Code20232025
Remuneration, social security and pensions62-€54,580
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621€184,230▲
Other operating charges640/8-€6,355
Gross operating margin9900€33,361€4.9m▲
Operating profit (loss)9901€32,740€4.7m▲
Financial income75/76B-€11,875
Recurring financial income75-€11,875
Financial charges65/66B€497€18,268▲
Recurring financial charges65€497€18,268▲
Profit (loss) for the period before taxes9903€32,243€4.7m▲
Income taxes67/77€8,265€1.1m▲
Profit (loss) for the period9904€23,978€3.5m▲
Transfer to tax-exempt reserves689-€999,997
Profit (loss) for the period to be appropriated9905€23,978€2.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€23,978€2.6m▲
Profit (loss) brought forward from the previous period14P-€23,978

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232025Change
Remuneration, social security and pensions62-€54,580-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621€184,230-
Other operating charges640/8-€6,355-
Gross operating margin9900€33,361€4.9m-
Operating profit (loss)9901€32,740€4.7m-
Financial income75/76B-€11,875-
Recurring financial income75-€11,875-
Financial charges65/66B€497€18,268-
Recurring financial charges65€497€18,268-
Profit (loss) for the period before taxes9903€32,243€4.7m-
Income taxes67/77€8,265€1.1m-
Profit (loss) for the period9904€23,978€3.5m-
Transfer to tax-exempt reserves689-€999,997-
Profit (loss) for the period to be appropriated9905€23,978€2.5m-
Line20232025Change
Assets
Total assets20/58€91,501€4.8m-
Fixed assets21/28€28,599€568,608-
Tangible fixed assets22/27€28,599€561,888-
Plant, machinery and equipment23-€267,952-
Furniture and vehicles24€28,599€94,671-
Leasing and similar rights25-€183,333-
Other tangible fixed assets26-€15,932-
Financial fixed assets28-€6,720-
Current assets29/58€62,902€4.3m-
Amounts receivable after more than one year29-€760,000-
Trade receivables290-€760,000-
Amounts receivable within one year40/41€37,621€913,641-
Trade receivables40€35,558€874,746-
Other amounts receivable41€2,063€38,895-
Cash at bank and in hand54/58€25,281€2.6m-
Deferred charges and accrued income490/1-€3,721-
Equity and liabilities
Total equity and liabilities10/49€91,501€4.8m-
Equity10/15€25,978€3.6m-
Contributions10/11€2,000€2,000-
Reserves13-€999,997-
Tax-exempt reserves132-€999,997-
Profit (loss) carried forward14€23,978€2.6m-
Amounts payable17/49€65,523€1.2m-
Amounts payable after more than one year17-€130,821-
Financial debts170/4-€130,821-
Amounts payable within one year42/48€65,523€1.1m-
Current portion of amounts payable after more than one year42-€31,588-
Trade debts44€54,531€155,819-
Suppliers440/4€54,531€155,819-
Taxes, remuneration and social security45€10,515€929,307-
Taxes450/3€10,515€925,691-
Remuneration and social security454/9-€3,616-
Other amounts payable47/48€477€629-
Line20232025Change
Profit (loss) for the period9904€23,978€3.5m-
+ Depreciation and write-downs630€621€184,230-
Operating cash flow (approximation)€24,599€3.7m-

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

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Timeline · acts, filings and financial milestones

2026
27-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-09
Financial Liquidity quadruplescurrent ratio 3.81
Current ratio from 0.96 to 3.81.
30-09
Financial Equity above €2mEq €3.6m ▲13,654%
2 profitable years in a row build equity to €3.6m.
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 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, Sint-Lambrechts-Woluwe · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
2.0 ha
Building footprint
4,960 m²
Volume, LiDAR
1,004 m³
2 parcels, Brussels, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
BINDSOL
Herbert Hooverlaan 4, 1200 Sint-Lambrechts-WoluweAgents in non-specialised wholesale trade
since 20222.338.580.027
Karel Van Miertstraat 4, 3070 Kortenberg
Agents in non-specialised wholesale trade
since 20242.363.025.413
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
24055A0217/00A000 Flanders 2.0 ha 1 · 4,871 m² -
21673D0154/00B026 Brussels 196 m² 1 · 89 m² 15.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,147 companies in sector 46190 we hold annual accounts for 2,570. 547 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-11-2022
Fiscal year end30-09
Activities, NACEBEL 2025
46120Wholesale trade
46190Agents in non-specialised wholesale trade
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793511666
Registered 18-02-2025

Register as of 26 September 2026 · Peppol Directory

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