BINVEST TRADERS
ActiveSummary
The computed 12-month bankruptcy probability of BINVEST TRADERS is 2.4% (moderate). The 2024 annual accounts show equity of €193,856 and a net result of €85,216. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 26040 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability88▲+8
Solvency61▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.45 in 2023; short-term debt: 57.3% and cash: 13.5% of total assets), and 64.2% 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 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
23 d early
2022
19 d early
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€193,856▲ 22.2%
2023 · €158,639
Total assets
€541,794▲ 61.6%
2023 · €335,282
Net result
€85,216▲ 172%
2023 · €31,370
Working capital
€107,147▲ 50.4%
2023 · €71,252
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€25,771-€137,641▲ 434%€34,233▼ 75.1%€112,738▲ 229%
Net result€19,309within the sector's middle half-€108,561above the sector's middle half▲ 462%€31,370above the sector's middle half▼ 71.1%€85,216above the sector's middle half▲ 172%
Equity€18,709within the sector's middle half-€127,270above the sector's middle half▲ 580%€158,639above the sector's middle half▲ 24.6%€193,856above the sector's middle half▲ 22.2%
Total assets€149,586within the sector's middle half-€248,510within the sector's middle half▲ 66.1%€335,282above the sector's middle half▲ 34.9%€541,794above the sector's middle half▲ 61.6%
Debt€130,878-€121,241▼ 7.4%€176,643▲ 45.7%€347,938▲ 97.0%
Working capital€11,846-€59,924▲ 406%€71,252▲ 18.9%€107,147▲ 50.4%
Solvency12.5%within the sector's middle half-51.2%within the sector's middle half▲ 38.7pp47.3%within the sector's middle half▼ 3.9pp35.8%within the sector's middle half▼ 11.5pp
Staff (FTE)1.5
above
within
below
the middle half (P25 to P75) of NACE 47, Retail 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
The operating result recovers in 2024; 2024 is 229% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €541,794
Fixed assets
€124,088 ▲ 18.4%
Current assets
€417,706 ▲ 81.2%
Equity and liabilities €541,794
Equity
€193,856 ▲ 22.2%
Debt
€347,938 ▲ 97.0%
Debt's share of the balance-sheet total rises from 52.7% to 64.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€146,056▲
2023 · €56,293
Cash flow
€118,535▲
2023 · €53,430
Current ratio
1.35▼
2023 · 1.45
Quick ratio
0.81▲
2023 · 0.80
Debt to equity
1.79▲
2023 · 1.11
ROE
44.0%▲
2023 · 19.8%
ROA
15.7%▲
2023 · 9.4%
Interest coverage
43.84▲
2023 · 41.86
Debt ≤ 1 year
€310,558▲
2023 · €159,210
Debt > 1 year
€37,380▲
2023 · €17,433
Income taxes
€24,995▲
2023 · €8,915
Staff costs
€28,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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%.
| 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 26,964 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 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €31,249 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €734 | €0 | - | €28,600 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €508 | €7,960 | €22,060 | €33,319 | ▲ 51.0% |
| Other operating charges640/8 | €1,748 | €3,193 | €1,747 | €1,595 | ▼ 8.7% |
| Gross operating margin9900 | €28,761 | €148,794 | €58,040 | €176,251 | ▲ 204% |
| Operating profit (loss)9901 | €25,771 | €137,641 | €34,233 | €112,738 | ▲ 229% |
| Financial income75/76B | €0 | €594 | €7,397 | €805 | ▼ 89.1% |
| Recurring financial income75 | €0 | €594 | €7,397 | €805 | ▼ 89.1% |
| Financial charges65/66B | €524 | €1,028 | €1,345 | €3,332 | ▲ 148% |
| Recurring financial charges65 | €524 | €1,028 | €1,345 | €3,332 | ▲ 148% |
| Profit (loss) for the period before taxes9903 | €25,247 | €137,207 | €40,285 | €110,211 | ▲ 174% |
| Income taxes67/77 | €5,938 | €28,646 | €8,915 | €24,995 | ▲ 180% |
| Profit (loss) for the period9904 | €19,309 | €108,561 | €31,370 | €85,216 | ▲ 172% |
| Profit (loss) for the period to be appropriated9905 | €19,309 | €108,561 | €31,370 | €85,216 | ▲ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €149,586 | €248,510 | €335,282 | €541,794 | ▲ 61.6% |
| Fixed assets21/28 | €6,862 | €67,346 | €104,821 | €124,088 | ▲ 18.4% |
| Intangible fixed assets21 | - | €8,751 | €0 | €3,416 | - |
| Tangible fixed assets22/27 | €3,512 | €52,825 | €102,051 | €117,002 | ▲ 14.7% |
| Plant, machinery and equipment23 | €3,512 | €21,981 | €20,050 | €15,015 | ▼ 25.1% |
| Furniture and vehicles24 | - | €27,735 | €79,246 | €97,222 | ▲ 22.7% |
| Other tangible fixed assets26 | - | €3,109 | €2,754 | €4,765 | ▲ 73.0% |
| Financial fixed assets28 | €3,350 | €5,770 | €2,770 | €3,670 | ▲ 32.5% |
| Current assets29/58 | €142,724 | €181,165 | €230,462 | €417,706 | ▲ 81.2% |
| Stocks and contracts in progress3 | €27,301 | €67,789 | €103,655 | €166,747 | ▲ 60.9% |
| Stocks30/36 | €27,301 | €67,789 | €103,655 | €166,747 | ▲ 60.9% |
| Amounts receivable within one year40/41 | €23,763 | €15,821 | €8,111 | €61,466 | ▲ 658% |
| Trade receivables40 | €21,911 | €15,518 | €6,162 | €61,292 | ▲ 895% |
| Other amounts receivable41 | €1,852 | €303 | €1,950 | €174 | ▼ 91.1% |
| Current investments50/53 | - | €49,979 | €29,046 | €100,000 | ▲ 244% |
| Cash at bank and in hand54/58 | €89,842 | €45,924 | €85,872 | €73,100 | ▼ 14.9% |
| Deferred charges and accrued income490/1 | €1,819 | €1,652 | €3,777 | €16,394 | ▲ 334% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €149,586 | €248,510 | €335,282 | €541,794 | ▲ 61.6% |
| Equity10/15 | €18,709 | €127,270 | €158,639 | €193,856 | ▲ 22.2% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €17,709 | €126,270 | €157,639 | €192,856 | ▲ 22.3% |
| Distributable reserves133 | €17,709 | €126,270 | €157,639 | €192,856 | ▲ 22.3% |
| Profit (loss) carried forward14 | - | €0 | - | €0 | - |
| Amounts payable17/49 | €130,878 | €121,241 | €176,643 | €347,938 | ▲ 97.0% |
| Amounts payable after more than one year17 | - | - | €17,433 | €37,380 | ▲ 114% |
| Financial debts170/4 | - | - | €17,433 | €37,380 | ▲ 114% |
| Amounts payable within one year42/48 | €130,878 | €121,241 | €159,210 | €310,558 | ▲ 95.1% |
| Current portion of amounts payable after more than one year42 | - | - | €7,283 | €15,154 | ▲ 108% |
| Trade debts44 | €82,866 | €19,207 | €73,387 | €157,767 | ▲ 115% |
| Suppliers440/4 | €82,866 | €19,207 | €73,387 | €157,767 | ▲ 115% |
| Taxes, remuneration and social security45 | €25,935 | €65,784 | €53,083 | €69,163 | ▲ 30.3% |
| Taxes450/3 | €13,935 | €65,784 | €53,083 | €62,639 | ▲ 18.0% |
| Remuneration and social security454/9 | €12,000 | €0 | - | €6,524 | - |
| Other amounts payable47/48 | €22,076 | €36,250 | €25,457 | €68,475 | ▲ 169% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,309 | €108,561 | €31,370 | €85,216 | ▲ 172% |
| + Depreciation and write-downs630 | €508 | €7,960 | €22,060 | €33,319 | ▲ 51.0% |
| Operating cash flow (approximation) | €19,817 | €116,521 | €53,430 | €118,535 | ▲ 122% |
| Investment in fixed assets (approximation) | - | -€68,444 | -€59,535 | -€52,586 | ▲ 11.7% |
| Change in cash | - | -€43,918 | €39,949 | -€12,772 | ▼ 132% |
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
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €158,639 ▲24.6%
3 profitable years in a row build equity to €158,639.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €108,561 ▲462%
Operating result €137,641, net result €108,561, both a record.
31-12
Financial
Equity above €100,000Eq €127,270 ▲580%
2 profitable years in a row build equity to €127,270.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Schoten · 2 establishment units since 2020
Ground area
5.3 ha
Building footprint
338 m²
Volume, LiDAR
2,269 m³
2 parcels, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BINVEST TRADERS
since 20202.307.961.382
LITTLE MOUSTACHE
since 20222.337.241.922
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043E0042/00L000 | Flanders | 5.2 ha | 1 · 204 m² | 10.7 m · 2 fl. |
| 11442C0370/00X000 | Flanders | 1,033 m² | 1 · 134 m² | 9.6 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845000G4DE11AED3A16
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Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,404 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
Founded11-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47793Retail sale of other second-hand goods, excluding clothing
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753961895
Also
9925:BE0753961895
Registered
05-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.