BIYIK
ActiveSummary
BIYIK has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €875k and a net result of €402k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency95▼-2
Growth81=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 1.84 in 2024; short-term debt: 23.7% and cash: 61.5% of total assets), and 30.5% of the assets are financed with debt.
Credit check for your own amount and term
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
69.5%
Return on assets
31.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 9 filingsDeviation from the deadline
2025
24 d late
2024
38 d early
2023
26 d late
2022
32 d late
2021
11 d early
2020
5 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.17M▲ 33.3%
2020 · €879k
2018: €750k
2019: €781k
2020: €879k
2018 → 2021
EBIT margin
4.4%▼ 6.4pp
2020 · 10.9%
2018: 7.5%
2019: 5.2%
2020: 10.9%
2018 → 2021
Net result
€402k▲ 152%
2024 · €160k
2018: €33k
2019: €19k
2020: €85k
2021: €2k
2022: €-18k
2023: €123k
2024: €160k
2018 → 2025
Working capital
€650k▲ 312%
2024 · €158k
2018: €47k
2019: €26k
2020: €113k
2021: €27k
2022: €33k
2023: €195k
2024: €158k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.17M-
Equity€208k-€190k▼ 8.8%€314k▲ 64.9%€473k▲ 50.9%€875k▲ 84.9%
Operating result€52k-€2k▼ 95.8%€174k▲ 7,877%€191k▲ 9.8%€593k▲ 210%
Net result€2k-€-18k€123k€160k▲ 29.4%€402k▲ 152%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 210% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€310k ▼ 1.8%
Current assets
€948k ▲ 176%
Equity and liabilities €1.26M
Equity
€875k ▲ 84.9%
Debt
€383k ▲ 105%
Debt's share of the balance-sheet total rises from 28.3% to 30.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€642k▲
2024 · €266k
Cash flow
€450k▲
2024 · €234k
Current ratio
3.18▲
2024 · 1.84
Debt to equity
0.44▲
2024 · 0.39
ROE
45.9%▲
2024 · 33.7%
ROA
31.9%▲
2024 · 24.2%
Interest coverage
1843.41▲
2024 · 875.73
Debt ≤ 1 year
€298k▲
2024 · €186k
Income taxes
€192k▲
2024 · €32k
Staff costs
€282k▼
2024 · €301k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€660k€1.26M▲
Fixed assets21/28€316k€310k▼
Tangible fixed assets22/27€316k€310k▼
Land and buildings22€198k€198k▼
Plant, machinery and equipment23€26k€25k▼
Furniture and vehicles24€66k€65k▼
Other tangible fixed assets26€25k€22k▼
Current assets29/58€344k€948k▲
Amounts receivable within one year40/41€62k€167k▲
Trade receivables40€20k€83k▲
Other amounts receivable41€42k€85k▲
Cash at bank and in hand54/58€278k€774k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€660k€1.26M▲
Equity10/15€473k€875k▲
Contributions10/11€19k€19k=
Reserves13€284k€686k▲
Non-distributable reserves130/1€1k-
Reserves not available under the articles1311€1k-
Distributable reserves133€283k€686k▲
Profit (loss) carried forward14€170k€170k=
Amounts payable17/49€186k€383k▲
Amounts payable within one year42/48€186k€298k▲
Trade debts44€69k€120k▲
Suppliers440/4€69k€120k▲
Advances received on contracts in progress46€54k€46k▼
Taxes, remuneration and social security45€63k€132k▲
Taxes450/3€20k€98k▲
Remuneration and social security454/9€43k€34k▼
Accrued charges and deferred income492/3-€85k
Income statement
Code20242025
Remuneration, social security and pensions62€301k€282k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€49k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€568k€926k▲
Operating profit (loss)9901€191k€593k▲
Financial income75/76B€229€594▲
Recurring financial income75€229€594▲
Financial charges65/66B€303€348▲
Recurring financial charges65€303€348▲
Profit (loss) for the period before taxes9903€191k€594k▲
Income taxes67/77€32k€192k▲
Profit (loss) for the period9904€160k€402k▲
Profit (loss) for the period to be appropriated9905€160k€402k▲
Appropriation of the result
Profit (loss) to be appropriated9906€330k€572k▲
Profit (loss) brought forward from the previous period14P€170k€170k=
Transfer to equity691/2€160k€402k▲
To other reserves6921€160k€402k▲
Social balance
Average headcount (FTE)90875.6-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €402k ▲152%
Operating result €593k, net result €402k, both a record.
31-12
Financial
Equity above €500kEq €875k ▲84.9%
3 profitable years in a row build equity to €875k.
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Back to profitnet €123k
Net result €123k after one loss-making year.
31-12
Financial
Equity above €200kEq €314k ▲64.9%
Equity rises from €190k to €314k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-18k ▼1193%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
Show earlier events
2020
31-12
Financial
Equity above €200kEq €207k ▲70.3%
3 profitable years in a row build equity to €207k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Charleroi · 1 establishment unit since 2003
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.
Rue Emile Vandervelde 446042 CharleroiGround area
832 m²
Building footprint
115 m²
Volume, LiDAR
845 m³
Parcel 52040C0052/00Z002, Wallonia · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Emile Vandervelde 44, 6042 Charleroi
since 20032.123.029.397
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52040C0052/00Z002 | Wallonia | 832 m² | 1 · 115 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesBIYIK SRL28800
Legal Entity Identifier
254900VSP0ZWXY0HS304
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BE 0820.755.008
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HERASAN
BE 0439.503.436
Vresse-sur-Semois · Eq €873,327
ARPA-TECH
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Genk · Eq €876,161
AEW Security
BE 0524.976.866
Hasselt · Eq €876,672
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 5,056 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.