BIO-PELLETS
ActiveSummary
BIO-PELLETS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,341) and a net result of €958. Equity is shrinking by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 7598 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▲+48
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.19 in 2024; short-term debt: 427.2% of total assets), and equity is negative.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-327.2%
Return on assets
5.6%
Age of the figures
15 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7598 sector peers (2025).
NBB · sector comparisonPosition among 7598 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
181 d late
2023
21 d late
2022
16 d late
2020
47 d early
2019
299 d late
2018
34 d early
← 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 66 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 21 February (4 of the last 5 filed years within 68 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€56,341▲ 1.7%
2024 · -€57,299
Total assets
€17,217▼ 17.6%
2024 · €20,894
Net result
€958
2024 · -€7,665
Working capital
-€67,437▼ 7.1%
2024 · -€62,967
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Line20202022202320242025
Operating result€5,360▲ 17.3%-€5,824--€2,982▲ 48.8%-€5,471▼ 83.5%€3,463
Net result€3,218within the sector's middle half▲ 997%-€7,809below the sector's middle half--€5,265below the sector's middle half▲ 32.6%-€7,665below the sector's middle half▼ 45.6%€958within the sector's middle half
Equity-€17,839below the sector's middle half▲ 15.3%-€44,370below the sector's middle half--€49,635below the sector's middle half▼ 11.9%-€57,299below the sector's middle half▼ 15.4%-€56,341below the sector's middle half▲ 1.7%
Total assets€27,886below the sector's middle half▲ 46.0%€23,307below the sector's middle half-€14,234below the sector's middle half▼ 38.9%€20,894below the sector's middle half▲ 46.8%€17,217below the sector's middle half▼ 17.6%
Debt€45,725▲ 13.9%€67,677-€63,869▼ 5.6%€78,193▲ 22.4%€73,558▼ 5.9%
Working capital-€25,439below the sector's middle half▲ 14.2%-€53,624below the sector's middle half--€56,699below the sector's middle half▼ 5.7%-€62,967below the sector's middle half▼ 11.1%-€67,437below the sector's middle half▼ 7.1%
Solvency-64.0%below the sector's middle half▲ 46.3pp-190.4%below the sector's middle half--348.7%below the sector's middle half▼ 158.3pp-274.2%below the sector's middle half▲ 74.5pp-327.2%below the sector's middle half▼ 53.0pp
Current ratio0.44below the sector's middle half▲ 0.180.21below the sector's middle half-0.11below the sector's middle half▼ 0.100.19below the sector's middle half▲ 0.080.08below the sector's middle half▼ 0.11
Return on assets (ROA)11.5%within the sector's middle half▲ 10.0pp-33.5%below the sector's middle half--37.0%below the sector's middle half▼ 3.5pp-36.7%below the sector's middle half▲ 0.3pp5.6%within the sector's middle half▲ 42.2pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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 returns to profit in 2025: €3,463 after a loss of €5,471 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,217
Fixed assets
€11,096 ▲ 95.8%
Current assets
€6,121 ▼ 59.8%
Key figures and ratios
EBITDA
€6,591▲
2024 · -€3,282
Cash flow
€4,086▲
2024 · -€5,475
Debt to equity
-1.31▲
2024 · -1.36
Interest coverage
2.63▲
2024 · -1.40
Debt ≤ 1 year
€73,558▼
2024 · €78,193
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,338 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% | 1.9% |
| 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 3,632 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 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €995 | €1,926 | €2,190 | €2,190 | €3,128 | ▲ 42.8% |
| Other operating charges640/8 | - | €333 | €586 | €446 | €288 | ▼ 35.3% |
| Gross operating margin9900 | €6,732 | -€3,565 | -€207 | -€2,836 | €6,880 | ▲ 343% |
| Operating profit (loss)9901 | €5,360 | -€5,824 | -€2,982 | -€5,471 | €3,463 | ▲ 163% |
| Financial income75/76B | - | - | €21 | €151 | - | - |
| Recurring financial income75 | €3 | - | €21 | €151 | - | - |
| Financial charges65/66B | - | €1,985 | €2,303 | €2,345 | €2,505 | ▲ 6.8% |
| Recurring financial charges65 | €2,145 | €1,985 | €2,303 | €2,345 | €2,505 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €3,218 | -€7,809 | -€5,265 | -€7,665 | €958 | ▲ 113% |
| Profit (loss) for the period9904 | €3,218 | -€7,809 | -€5,265 | -€7,665 | €958 | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €3,218 | -€7,809 | -€5,265 | -€7,665 | €958 | ▲ 113% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,886 | €23,307 | €14,234 | €20,894 | €17,217 | ▼ 17.6% |
| Fixed assets21/28 | €7,600 | €9,254 | €7,064 | €5,668 | €11,096 | ▲ 95.8% |
| Tangible fixed assets22/27 | €7,600 | €9,254 | €7,064 | €5,668 | €11,096 | ▲ 95.8% |
| Land and buildings22 | - | €6,237 | €5,185 | €4,133 | €3,341 | ▼ 19.2% |
| Plant, machinery and equipment23 | - | €1,778 | €970 | €956 | €3,773 | ▲ 295% |
| Furniture and vehicles24 | - | €1,240 | €909 | €579 | €3,981 | ▲ 588% |
| Current assets29/58 | €20,287 | €14,053 | €7,170 | €15,226 | €6,121 | ▼ 59.8% |
| Amounts receivable within one year40/41 | €19,814 | €10,717 | €5,550 | €15,226 | €6,121 | ▼ 59.8% |
| Trade receivables40 | - | €10,593 | €5,540 | €14,924 | €6,121 | ▼ 59.0% |
| Other amounts receivable41 | - | €125 | €10 | €302 | - | - |
| Deferred charges and accrued income490/1 | - | €3,336 | €1,620 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,886 | €23,307 | €14,234 | €20,894 | €17,217 | ▼ 17.6% |
| Equity10/15 | -€17,839 | -€44,370 | -€49,635 | -€57,299 | -€56,341 | ▲ 1.7% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Other1109/19 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€32,099 | -€58,630 | -€63,895 | -€71,559 | -€70,601 | ▲ 1.3% |
| Amounts payable17/49 | €45,725 | €67,677 | €63,869 | €78,193 | €73,558 | ▼ 5.9% |
| Amounts payable within one year42/48 | €45,725 | €67,677 | €63,869 | €78,193 | €73,558 | ▼ 5.9% |
| Financial debts43 | - | - | €15,749 | €16,548 | €18,752 | ▲ 13.3% |
| Credit institutions430/8 | - | - | €15,749 | €16,548 | €18,752 | ▲ 13.3% |
| Trade debts44 | €9,968 | €34,728 | €30,065 | €16,160 | €872 | ▼ 94.6% |
| Suppliers440/4 | - | €34,728 | €30,065 | €16,160 | €872 | ▼ 94.6% |
| Taxes, remuneration and social security45 | - | - | €73 | - | €2,844 | - |
| Taxes450/3 | - | - | €73 | - | €2,844 | - |
| Other amounts payable47/48 | - | €32,949 | €17,982 | €45,485 | €51,089 | ▲ 12.3% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,218 | -€7,809 | -€5,265 | -€7,665 | €958 | ▲ 113% |
| + Depreciation and write-downs630 | €995 | €1,926 | €2,190 | €2,190 | €3,128 | ▲ 42.8% |
| Operating cash flow (approximation) | €4,213 | -€5,883 | -€3,075 | -€5,475 | €4,086 | ▲ 175% |
| Investment in fixed assets (approximation) | - | - | €0 | -€793 | -€8,556 | ▼ 979% |
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
2026
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 181 days late
30-06
Financial
Back to profitnet €958
Net result €958 after 3 loss-making years.
2024
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
30-06
Financial
Weakest financial yearnet -€7,809
Net result drops to -€7,809, the lowest in the series; recovery starts the following year.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 299 days late
30-06
Financial
Highest result since 2019net €3,218 ▲997%
Operating result €5,360, net result €3,218, both a record.
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 366 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, Lubbeek · 1 establishment unit since 2007
Ground area
763 m²
Building footprint
302 m²
Volume, LiDAR
1,393 m³
Parcel 24012C0204/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tiensesteenweg(BIN) 124, 3211 Lubbeek
since 20072.180.128.844
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24012C0204/00H000 | Flanders | 763 m² | 1 · 302 m² | 8.1 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.
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Herent
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-08-2007
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0891585990
Also
9925:BE0891585990
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.