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BINIAN

Active
Private limited companyfounded 20214 yrs activeEmile Bouilliotstraat 61, 1050 Elsene, BelgiumKBO/BCE: BE 0777.702.844
Summary

The computed 12-month bankruptcy probability of BINIAN is 5.1% (elevated). The 2024 annual accounts show equity of €100,279 and a net result of €47,268. Equity is growing by ~79.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▼-1
Solvency76▲+6
Growth67▼-11
Track record94
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.48 against 0.82 in 2023; short-term debt: 48.8% and cash: 57% of total assets), and 48.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
74 d late
2023
29 d late
2022
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 45 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)
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 25 November 2021, BINIAN was incorporated as a Private limited company.1 Revenue went from EUR 230,159 in 2022 to EUR 246,827 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€246,827▲ 7.2%
2022 · €230,159
EBIT margin
20.4%▲ 14.5pp
2022 · 5.9%
Net result
€47,268▲ 26.3%
2023 · €37,413
Working capital
€46,210
2023 · -€11,596
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Turnover€230,159-€246,827
Operating result€13,618-€37,413▲ 175%€50,346▲ 34.6%
Net result€13,598-€37,413▲ 175%€47,268▲ 26.3%
EBIT margin5.9%-20.4%
Equity€15,598-€53,012▲ 240%€100,279▲ 89.2%
Total assets€87,599-€118,337▲ 35.1%€195,976▲ 65.6%
Debt€72,001-€65,325▼ 9.3%€95,696▲ 46.5%
Working capital-€60,142--€11,596▲ 80.7%€46,210
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2022: €13,618€13,618Net result 2022: €13,598€13,598Operating result 2023: €37,413€37,413Net result 2023: €37,413€37,413Operating result 2024: €50,346€50,346Net result 2024: €47,268€47,268202220232024€0€20,000€40,000€60,000Operating result 2022: €13,618€13,600Net result 2022: €13,598Operating result 2023: €37,413€37,400Net result 2023: €37,413€37,400Operating result 2024: €50,346€50,300Net result 2024: €47,268€47,300202220232024
The operating result has risen two years in a row; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195,976
Fixed assets €54,069 ▼ 16.3%
Current assets €141,907 ▲ 164%
Equity and liabilities €195,976
Equity €100,279 ▲ 89.2%
Debt €95,696 ▲ 46.5%
Debt's share of the balance-sheet total falls from 55.2% to 48.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€64,035▲
2023 · €51,102
Cash flow
€60,956▲
2023 · €51,102
Current ratio
1.48▲
2023 · 0.82
Debt to equity
0.95▼
2023 · 1.23
ROE
47.1%▼
2023 · 70.6%
ROA
24.1%▼
2023 · 31.6%
Interest coverage
511.21
Debt ≤ 1 year
€95,696▲
2023 · €65,325
Income taxes
€2,953
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% 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
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.1% 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 497,340 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% 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 39,278 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€118,337€195,976▲
Fixed assets21/28€64,607€54,069▼
Tangible fixed assets22/27€48,252€34,564▼
Plant, machinery and equipment23€44,660€32,078▼
Furniture and vehicles24€3,593€2,486▼
Financial fixed assets28€16,355€19,505▲
Current assets29/58€53,729€141,907▲
Amounts receivable within one year40/41€7,113€30,192▲
Trade receivables40€7,113€30,192▲
Cash at bank and in hand54/58€46,616€111,715▲
Equity and liabilities
Total equity and liabilities10/49€118,337€195,976▲
Equity10/15€53,012€100,279▲
Contributions10/11€2,000€2,000=
Capital10€2,000€2,000=
Issued capital100€2,000€2,000=
Profit (loss) carried forward14€51,012€98,279▲
Amounts payable17/49€65,325€95,696▲
Amounts payable within one year42/48€65,325€95,696▲
Trade debts44€4,496€3,736▼
Suppliers440/4€4,496€3,736▼
Taxes, remuneration and social security45€16,816€35,276▲
Taxes450/3€13,316€31,776▲
Remuneration and social security454/9€3,500€3,500=
Other amounts payable47/48€44,013€56,684▲
Income statement Code20232024
Turnover70-€246,827
Goods, raw materials, services and sundry goods60/61-€326,115
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,688€13,688=
Other operating charges640/8€912€3,344▲
Gross operating margin9900€52,014€67,379▲
Operating profit (loss)9901€37,413€50,346▲
Financial charges65/66B-€125
Recurring financial charges65-€125
Profit (loss) for the period before taxes9903€37,413€50,221▲
Income taxes67/77-€2,953
Profit (loss) for the period9904€37,413€47,268▲
Profit (loss) for the period to be appropriated9905€37,413€47,268▲
Appropriation of the result
Profit (loss) to be appropriated9906€51,012€98,279▲
Profit (loss) brought forward from the previous period14P€13,598€51,012▲

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

Line202220232024Change
Turnover70€230,159-€246,827-
Goods, raw materials, services and sundry goods60/61€219,101-€326,115-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,701€13,688€13,688=
Other operating charges640/8-€912€3,344▲ 267%
Gross operating margin9900€21,318€52,014€67,379▲ 29.5%
Operating profit (loss)9901€13,618€37,413€50,346▲ 34.6%
Financial charges65/66B€20-€125-
Recurring financial charges65€20-€125-
Profit (loss) for the period before taxes9903€13,598€37,413€50,221▲ 34.2%
Income taxes67/77--€2,953-
Profit (loss) for the period9904€13,598€37,413€47,268▲ 26.3%
Profit (loss) for the period to be appropriated9905€13,598€37,413€47,268▲ 26.3%
Line202220232024Change
Assets
Total assets20/58€87,599€118,337€195,976▲ 65.6%
Fixed assets21/28€75,741€64,607€54,069▼ 16.3%
Tangible fixed assets22/27€61,941€48,252€34,564▼ 28.4%
Plant, machinery and equipment23€57,241€44,660€32,078▼ 28.2%
Furniture and vehicles24€4,700€3,593€2,486▼ 30.8%
Financial fixed assets28€13,800€16,355€19,505▲ 19.3%
Current assets29/58€11,859€53,729€141,907▲ 164%
Amounts receivable within one year40/41€885€7,113€30,192▲ 324%
Trade receivables40€885€7,113€30,192▲ 324%
Cash at bank and in hand54/58€10,974€46,616€111,715▲ 140%
Equity and liabilities
Total equity and liabilities10/49€87,599€118,337€195,976▲ 65.6%
Equity10/15€15,598€53,012€100,279▲ 89.2%
Contributions10/11€2,000€2,000€2,000=
Capital10€2,000€2,000€2,000=
Issued capital100€2,000€2,000€2,000=
Profit (loss) carried forward14€13,598€51,012€98,279▲ 92.7%
Amounts payable17/49€72,001€65,325€95,696▲ 46.5%
Amounts payable within one year42/48€72,001€65,325€95,696▲ 46.5%
Trade debts44€3,749€4,496€3,736▼ 16.9%
Suppliers440/4€3,749€4,496€3,736▼ 16.9%
Taxes, remuneration and social security45€28,548€16,816€35,276▲ 110%
Taxes450/3€28,548€13,316€31,776▲ 139%
Remuneration and social security454/9-€3,500€3,500=
Other amounts payable47/48€39,704€44,013€56,684▲ 28.8%
Line202220232024Change
Profit (loss) for the period9904€13,598€37,413€47,268▲ 26.3%
+ Depreciation and write-downs630€7,701€13,688€13,688=
Operating cash flow (approximation)€21,299€51,102€60,956▲ 19.3%
Investment in fixed assets (approximation)--€2,555-€3,150▼ 23.3%
Change in cash-€35,642€65,099▲ 82.6%

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

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Timeline · acts, filings and financial milestones

2025
13-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial Highest result since 2022net €47,268 ▲26.3%
Operating result €50,346, net result €47,268, both a record.
31-12
Financial Equity above €100,000Eq €100,279 ▲89.2%
3 profitable years in a row build equity to €100,279.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
174 m²
Building footprint
101 m²
Volume, LiDAR
1,994 m³
Parcel 21447B0309/00D012, Brussels · tallest building 26.6 m, ±7 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
BINIAN
Emile Bouilliotstraat 61, 1050 ElseneReal estate development
since 20212.329.279.608
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0309/00D012 Brussels 174 m² 1 · 101 m² 26.6 m · 7 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.

Company details

Identification
Legal formPrivate limited company
Founded25-11-2021
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0777702844
Also 9925:BE0777702844
Registered 16-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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