Result
€170,031 ▲ 21×
The result rose in 2025 from €7,991 to €170,031.
BIONAT
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987peak €6.3m (2022)
€2.5m▲ 17.0%
lowest -€596,940 (2021)
€170,031▲ 21×
peak €2.7m (2022)
€2.5m▲ 21.7%
€8.9m▲ 6.8%
peak 29.8 FTE (2025)
29.8 FTE▲ 6.4%
Board7 names since 2018
2 directorsAMMDA and 1 other
Owners2 names in the annual accounts
100%AMMICO
Documentsfilings and deeds
04-06-202657 days before the deadline
2025financial year
Gross margin from €2.2m to €2.5mResult from €7,991 to €170,031Equity from €2.1m to €2.5mInvestments €1.4m
Key points
from the 2025 annual accountsTurnover
≈ €4.4m estimated
The accounts state no turnover.
Debts
€8.9m 78% of the balance sheet
Financial debts 66%Suppliers 19%Taxes and wages 2%Other 12%
€4.4m of the debts are secured on the company's own assets. In 2020 that was €4.4m.
Investments
€1.5m 2.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 331.4% higher than in 2024.
Staff
29 employees on 31-12-2025
In 2025, 11 people joined and 14 left.
Position in the sector
€2.5m
Higher gross margin than 89% of companies in food products. Sector median €529,900 · 361 companies.
Checked score
65
Healthy
Financially stronger than 40% of small companies in food products (NACE 10)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 632 companies (NACE 10, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.9%▲ +0.1 percentage points vs 03-2025
05-2025: 2.2%▲ +0.3 percentage points vs 04-2025
06-2025: 2.1%▼ -0.1 percentage points vs 05-2025
07-2025: 1.7%▼ -0.4 percentage points vs 06-2025
08-2025: 1.7%● unchanged vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 2.1%▲ +0.3 percentage points vs 04-2026
06-2026: 2.2%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 1.7%▼ -0.5 percentage points vs 06-2026
08-2026: 1.7%● unchanged vs 07-2026
09-2026: 1.1%▼ -0.6 percentage points vs 08-2026lowest value
10-2026: 1.1%● unchanged vs 09-2026lowest value
11-2026: 1.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.84, cash €288,307
Equity €2.5m (22.0% of total assets)
Sector: Manufacture of food products (NACE 10)
Size: 29.8 FTE, total assets €11.4m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, small). It does better than 31% of them on solvency, 37% on liquidity, 14% on profitability and 78% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as BIONAT has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of BIONAT itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for BIONAT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.84 (1.01 in 2024), below 1. Short-term debt is 35.7% and cash 2.5% of total assets. 78% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
62 days early
2023
71 days early
2022
48 days early
2021
88 days late
2020
29 days late
2019
66 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- AMMICO 100%score 53equity -€302,648 (2025) · annual accounts 2025
Shares in 1 company, Bister France SARL
Board & ownershipRecent changes
1 statutory auditor appointed, 2 directors reappointed
Reappointments: AMMDA SRL and BOUSICO SRL · Appointment: REMON & CO (statutory auditor) · General meeting of 01-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0432180827
Registered office moved from Ciney to Namur
New registered office: Rue de l'Innovation 21, 5020 Namur · Previous registered office: Rue du Parc Industriel d'Achêne 10, 5590 Ciney · Board meeting of 27-06-2024 · Gazette deed
First establishment
Rue de l'Innovation 21, Namur
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BIONAT Namur | €11.4m | €2.5m | 22.0% | 29.8 |
| CONSERVERIE ET MOUTARDERIE BELGE Raeren | €5.4m | €2.1m | 44.2% | 23.8 |
| Labo Phytophar Oostkamp | €10.9m | €3.3m | 18.8% | 33.5 |
| ANDA Boortmeerbeek | €5.2m | €2.8m | 57.6% | 21.4 |
| Cube Oostkamp | €4.3m | €2.8m | 20.0% | 28.3 |
| FLANDOR FLAVOURS INTERNATIONAL Zulte | €4.2m | €2.0m | 68.3% | 12.9 |
| COLLON Villers-le-Bouillet | €5.5m | €2.0m | 93.4% | 8.7 |
These companies have the same main activity as BIONAT: manufacture of food products (NACE 10840). They are comparable in size and age: total assets between €4.2m and €11m, founded between 1977 and 1999.
Official details
Source: KBO- Status
- Active since 03-10-1987Normal situation
- Activity
- Manufacture of food productsNACE 10840and 1 other
- Establishment unit
- 2.361.551.3105020 Namur, since 15-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Annual accounts 2025
- €11.4m▲ 9.8%
- Employeeson 31-12-2025
- 29▼ 9.4%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on BIONAT
BIONAT has existed since 1987. The gross margin fell from €6.3m in 2022 to €2.5m in 2023.
AMMICO holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BIONAT
- What is the company number of BIONAT?
- The company number of BIONAT is 0432.180.827. The VAT number is the same number with BE in front: BE 0432.180.827.
- Where is BIONAT based?
- The registered office is at Rue de l'Innovation 21, 5020 Namur.Company details
- What does BIONAT do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10840).
- What is the legal form of BIONAT?
- BIONAT is a public limited company (NV).
- When was BIONAT founded?
- BIONAT was founded on 03-10-1987.
- Is BIONAT still active?
- Yes, BIONAT is an active enterprise in the KBO register.
- How many employees does BIONAT have?
- BIONAT had an average of 29.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BIONAT?
- The turnover in financial year 2025 is ≈ €4.4m. This figure is estimated from the gross margin of €2.5m and 1,585 comparable companies of the same size. It probably lies between €3.0m and €7.2m. It is a rough estimate. In financial year 2018 turnover was €3.0m.
- Is BIONAT profitable?
- In financial year 2025, BIONAT made a profit of €170,031.
- Where can I find the annual accounts of BIONAT?
- BIONAT filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BIONAT due?
- BIONAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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