BIR

Active

Private limited companyfounded 200224 yrs activeSantiagostraat 21, 2030 Antwerpen, BelgiumKBO/BCE: BE 0477.959.283

BIR has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €5k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability80▲+37

Solvency100▲+8

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days only on tighter terms

Liquidity ample (current ratio 43.09 against 3.01 in 2023; short-term debt: 2.3% and cash: 57.2% of total assets), and 2.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

97.7%

Return on assets

16.9%

Age of the figures

21 mo

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

181920222324

2018 to 2024 · latest year €30k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2026, 314 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

314 d late

2023

166 d late

2022

149 d late

2020

30 d late

2019

20 d late

2018

34 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€30k▲ 20.9%

2023 · €25k

2018: €37k 2019: €39k 2020: €39k 2022: €24k 2023: €25k

2018 → 2024

Total assets

€31k▼ 17.4%

2023 · €37k

2018: €42k 2019: €43k 2020: €47k 2022: €31k 2023: €37k

2018 → 2024

Net result

€5k▲ 562%

2023 · €788

2018: €3k 2019: €2k 2020: €512 2022: €-2k 2023: €788

2018 → 2024

Working capital

€30k▲ 20.9%

2023 · €25k

2018: €15k 2019: €23k 2020: €30k 2022: €24k 2023: €25k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202220232024Trend

Equity€39k-€39k▲ 1.3%€24k▼ 38.3%€25k▲ 3.3%€30k▲ 20.9%

Operating result€3k-€543▼ 80.0%€-160€3k€6k▲ 144%

Net result€2k-€512▼ 74.1%€-2k€788€5k▲ 562%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 144% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €31k

97.7%

Equity €30k▲ 20.9%

Debt €718▼ 94.2%

The debt ratio falls from 33.2% to 2.3%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

Solvency

97.7%▲

2023 · 66.8%

Current ratio

43.09▲

2023 · 3.01

Quick ratio

25.93▲

2023 · 1.06

Debt / equity

0.02▼

2023 · 0.50

ROE

17.3%▲

2023 · 3.2%

ROA

16.9%▲

2023 · 2.1%

Debt

€718▼

2023 · €12k

Debt ≤ 1 year

€718▼

2023 · €12k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€37k€31k▼

Current assets29/58€37k€31k▼

Stocks and contracts in progress3€24k€12k▼

Stocks30/36€24k€12k▼

Amounts receivable within one year40/41€7k€912▼

Trade receivables40€7k-

Other amounts receivable41€800€912▲

Cash at bank and in hand54/58€6k€18k▲

Deferred charges and accrued income490/1€270-

Equity and liabilities

Total equity and liabilities10/49€37k€31k▼

Equity10/15€25k€30k▲

Contributions10/11€19k€19k=

Reserves13€6k€12k▲

Distributable reserves133€6k€12k▲

Amounts payable17/49€12k€718▼

Amounts payable within one year42/48€12k€718▼

Trade debts44€7k€209▼

Suppliers440/4€7k€209▼

Taxes, remuneration and social security45€176€510▲

Taxes450/3€176€510▲

Other amounts payable47/48€6k-

Income statement Code20232024

Other operating charges640/8€606€692▲

Gross operating margin9900€3k€7k▲

Operating profit (loss)9901€3k€6k▲

Financial income75/76B€1-

Recurring financial income75€1-

Financial charges65/66B€2k€1k▼

Recurring financial charges65€2k€1k▼

Profit (loss) for the period before taxes9903€788€5k▲

Profit (loss) for the period9904€788€5k▲

Profit (loss) for the period to be appropriated9905€788€5k▲

Appropriation of the result

Profit (loss) to be appropriated9906€2k€5k▲

Profit (loss) brought forward from the previous period14P€1k-

Transfer to equity691/2€2k€5k▲

To other reserves6921€2k€5k▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2026

10-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 314 days late

2025

13-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 166 days late

2024

31-12

Financial Highest result since 2018net €5k ▲562%

Operating result €6k, net result €5k, both a record.

31-12

Financial Liquidity times 14current ratio 43.09

Current ratio from 3.01 to 43.09; short-term debt falls from €12k to €718.

2023

31-12

Financial Back to profitnet €788

Net result €788 after one loss-making year.

27-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 149 days late

2022

31-12

Financial Weakest financial yearnet €-2k ▼416%

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

2020

20-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 20 days late

2019

27-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

30-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

14-06

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

15-06

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

2015

06-07

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

19-08-2025 Syeda Fatima: Resigned as Director

07-11-2023 Qayyum Abduli: Resigned as Director

28-10-2021 Zor Sabri: Resigned as Director

01-01-2004 BICER Tevfik: Resigned as Manager

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2002

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Santiagostraat 212030 Antwerpen

Ground area

303 m²