BINNEMANSHEIDE
ActiveSummary
BINNEMANSHEIDE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217,162 and a net result of €578. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 63% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-15
Solvency83=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.77 in 2024; short-term debt: 41.2% and cash: 12.6% of total assets), and 42.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.7%
Return on assets
0.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
8 d early
2023
9 d early
2022
5 d early
2021
7 d early
2020
6 d early
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€217,162▲ 0.3%
2024 · €216,584
Total assets
€376,292▼ 0.1%
2024 · €376,485
Net result
€578▼ 67.3%
2024 · €1,766
Working capital
€135,406▲ 12.8%
2024 · €120,090
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,189▲ 90.0%€2,325▼ 87.9%€6,226▲ 168%€7,943▲ 27.6%€8,426▲ 6.1%
Net result€12,811within the sector's middle half▲ 141%€5,859within the sector's middle half▼ 54.3%€919within the sector's middle half▼ 84.3%€1,766within the sector's middle half▲ 92.2%€578within the sector's middle half▼ 67.3%
Equity€208,040above the sector's middle half▲ 6.6%€213,899above the sector's middle half▲ 2.8%€214,818above the sector's middle half▲ 0.4%€216,584above the sector's middle half▲ 0.8%€217,162above the sector's middle half▲ 0.3%
Total assets€410,343above the sector's middle half▲ 5.6%€366,494within the sector's middle half▼ 10.7%€388,906within the sector's middle half▲ 6.1%€376,485within the sector's middle half▼ 3.2%€376,292within the sector's middle half▼ 0.1%
Debt€202,303▲ 4.7%€152,594▼ 24.6%€174,088▲ 14.1%€159,901▼ 8.1%€159,130▼ 0.5%
Working capital€165,528above the sector's middle half▲ 1.2%€138,163above the sector's middle half▼ 16.5%€118,686above the sector's middle half▼ 14.1%€120,090within the sector's middle half▲ 1.2%€135,406above the sector's middle half▲ 12.8%
Solvency50.7%within the sector's middle half▲ 0.4pp58.4%within the sector's middle half▲ 7.7pp55.2%within the sector's middle half▼ 3.1pp57.5%within the sector's middle half▲ 2.3pp57.7%within the sector's middle half▲ 0.2pp
Current ratio2.34within the sector's middle half▲ 0.122.20within the sector's middle half▼ 0.141.77within the sector's middle half▼ 0.421.77within the sector's middle half=1.87within the sector's middle half▲ 0.11
Return on assets (ROA)3.1%within the sector's middle half▲ 1.8pp1.6%within the sector's middle half▼ 1.5pp0.2%within the sector's middle half▼ 1.4pp0.5%within the sector's middle half▲ 0.2pp0.2%within the sector's middle half▼ 0.3pp
Staff (FTE)2.2▲ 69.2%3.8▲ 72.7%1.5▼ 60.5%3.3▲ 120%1.9▼ 42.4%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376,292
Fixed assets
€85,957 ▼ 13.7%
Current assets
€290,335 ▲ 4.8%
Equity and liabilities €376,292
Equity
€217,162 ▲ 0.3%
Debt
€159,130 ▼ 0.5%
Debt's share of the balance-sheet total falls from 42.5% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22,037▼
2024 · €24,492
Cash flow
€14,189▼
2024 · €18,315
Quick ratio
0.54▼
2024 · 0.70
Debt to equity
0.73▼
2024 · 0.74
ROE
0.3%▼
2024 · 0.8%
Interest coverage
2.99▼
2024 · 4.71
Debt ≤ 1 year
€154,929▼
2024 · €156,827
Income taxes
€1,124▲
2024 · €973
Staff costs
€60,442▼
2024 · €66,498
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 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 17,040 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €79,448 | €58,237 | €66,498 | €60,442 | ▼ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,625 | €12,978 | €14,788 | €16,549 | €13,611 | ▼ 17.8% |
| Other operating charges640/8 | - | €2,969 | €2,938 | €2,773 | €2,787 | ▲ 0.5% |
| Gross operating margin9900 | €71,728 | €97,720 | €82,189 | €93,764 | €85,265 | ▼ 9.1% |
| Operating profit (loss)9901 | €19,189 | €2,325 | €6,226 | €7,943 | €8,426 | ▲ 6.1% |
| Financial income75/76B | - | €9,447 | €3 | - | €644 | - |
| Recurring financial income75 | €398 | €9,447 | €3 | - | €644 | - |
| Financial charges65/66B | - | €3,730 | €4,460 | €5,204 | €7,369 | ▲ 41.6% |
| Recurring financial charges65 | €3,266 | €3,730 | €4,460 | €5,204 | €7,369 | ▲ 41.6% |
| Profit (loss) for the period before taxes9903 | €16,322 | €8,042 | €1,769 | €2,738 | €1,701 | ▼ 37.9% |
| Income taxes67/77 | €3,511 | €2,183 | €850 | €973 | €1,124 | ▲ 15.6% |
| Profit (loss) for the period9904 | €12,811 | €5,859 | €919 | €1,766 | €578 | ▼ 67.3% |
| Profit (loss) for the period to be appropriated9905 | €12,811 | €5,859 | €919 | €1,766 | €578 | ▼ 67.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €410,343 | €366,494 | €388,906 | €376,485 | €376,292 | ▼ 0.1% |
| Fixed assets21/28 | €121,152 | €112,719 | €116,117 | €99,568 | €85,957 | ▼ 13.7% |
| Tangible fixed assets22/27 | €121,152 | €112,719 | €116,117 | €99,568 | €85,957 | ▼ 13.7% |
| Land and buildings22 | - | €81,988 | €81,426 | €80,863 | €80,300 | ▼ 0.7% |
| Plant, machinery and equipment23 | - | €1,845 | €2,977 | €2,209 | €1,440 | ▼ 34.8% |
| Furniture and vehicles24 | - | €28,885 | €31,715 | €16,496 | €4,217 | ▼ 74.4% |
| Current assets29/58 | €289,192 | €253,775 | €272,789 | €276,917 | €290,335 | ▲ 4.8% |
| Stocks and contracts in progress3 | €170,478 | €168,220 | €166,195 | €167,191 | €205,919 | ▲ 23.2% |
| Stocks30/36 | - | €168,220 | €166,195 | €167,191 | €205,919 | ▲ 23.2% |
| Amounts receivable within one year40/41 | €25,747 | €27,887 | €46,839 | €63,600 | €34,215 | ▼ 46.2% |
| Trade receivables40 | - | €23,060 | €35,604 | €59,489 | €29,566 | ▼ 50.3% |
| Other amounts receivable41 | - | €4,828 | €11,235 | €4,111 | €4,649 | ▲ 13.1% |
| Cash at bank and in hand54/58 | €90,158 | €55,001 | €55,769 | €41,244 | €47,388 | ▲ 14.9% |
| Deferred charges and accrued income490/1 | - | €2,666 | €3,987 | €4,883 | €2,813 | ▼ 42.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €410,343 | €366,494 | €388,906 | €376,485 | €376,292 | ▼ 0.1% |
| Equity10/15 | €208,040 | €213,899 | €214,818 | €216,584 | €217,162 | ▲ 0.3% |
| Contributions10/11 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Capital10 | - | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Issued capital100 | - | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €83,040 | €88,899 | €89,818 | €91,584 | €92,162 | ▲ 0.6% |
| Non-distributable reserves130/1 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Legal reserve130 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Distributable reserves133 | - | €76,399 | €77,318 | €79,084 | €79,662 | ▲ 0.7% |
| Amounts payable17/49 | €202,303 | €152,594 | €174,088 | €159,901 | €159,130 | ▼ 0.5% |
| Amounts payable after more than one year17 | €77,907 | €35,849 | €18,171 | - | - | - |
| Financial debts170/4 | - | €35,849 | €18,171 | - | - | - |
| Amounts payable within one year42/48 | €123,664 | €115,611 | €154,103 | €156,827 | €154,929 | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | - | €21,216 | €28,067 | €18,171 | - | - |
| Financial debts43 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Credit institutions430/8 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Trade debts44 | €45,473 | €15,038 | €30,210 | €26,275 | €10,832 | ▼ 58.8% |
| Suppliers440/4 | - | €15,038 | €30,210 | €26,275 | €10,832 | ▼ 58.8% |
| Taxes, remuneration and social security45 | - | €12,164 | €8,973 | €9,324 | €7,284 | ▼ 21.9% |
| Taxes450/3 | - | €1,715 | €1,358 | €3,670 | €2,049 | ▼ 44.2% |
| Remuneration and social security454/9 | - | €10,449 | €7,615 | €5,654 | €5,236 | ▼ 7.4% |
| Other amounts payable47/48 | - | €17,193 | €36,853 | €53,057 | €86,813 | ▲ 63.6% |
| Accrued charges and deferred income492/3 | - | €1,134 | €1,814 | €3,074 | €4,201 | ▲ 36.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,811 | €5,859 | €919 | €1,766 | €578 | ▼ 67.3% |
| + Depreciation and write-downs630 | €6,625 | €12,978 | €14,788 | €16,549 | €13,611 | ▼ 17.8% |
| Operating cash flow (approximation) | €19,436 | €18,838 | €15,707 | €18,315 | €14,189 | ▼ 22.5% |
| Investment in fixed assets (approximation) | - | -€4,545 | -€18,186 | €0 | €0 | - |
| Change in cash | - | -€35,157 | €767 | -€14,525 | €6,145 | ▲ 142% |
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
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €578 ▼67.3%
Net result drops to €578, the lowest in the series.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €12,811 ▲141%
Operating result €19,189, net result €12,811, both a record.
30-06
Financial
Equity above €200,000Eq €208,040 ▲6.6%
3 profitable years in a row build equity to €208,040.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Balen · 2 establishment units since 1990
Ground area
9,025 m²
Building footprint
106 m²
Volume, LiDAR
504 m³
2 parcels, Flanders · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Binnemansheide
since 19902.050.311.962
Binnemansheide
since 20092.177.201.325
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003E0836/00G000indicative | Flanders | 6,110 m² | - | - |
| 13003E1245/00G003 | Flanders | 2,915 m² | 1 · 106 m² | 13.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBalen2.177.201.325
Similar companies · same sector, comparable size
BOMBERNA GARDENCENTER
BE 0456.971.948
Maldegem · Eq €217,514
Jacques VANDEVONDELE
BE 0425.289.174
Tournai · Eq €217,885
Dewa-Fleur
BE 0806.558.067
Zedelgem · Eq €219,253
Arborix
BE 0812.121.513
Diksmuide · Eq €220,024
C.DECKERS
BE 0818.011.094
Oudenaarde · Eq €220,350
Of 551 companies in sector 46220 we hold annual accounts for 308. 233 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-10-1990
Fiscal year end30-06
Activities, NACEBEL 2025
01301Crop and animal production, hunting and related service activities
46220Wholesale trade
01290Crop and animal production, hunting and related service activities
47761Retail sale of flowers, plants, seeds and fertilisers
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441836681
Also
9925:BE0441836681
Registered
04-11-2025
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.