BJORN'S
ActiveBJORN'S has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €29k. Equity is shrinking by ~17.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 45% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+89
Solvency67▲+15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.64 in 2024; short-term debt: 47.3% and cash: 4.8% of total assets), but 58.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
41.5%
Return on assets
16.2%
Age of the figures
9 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
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
17 d early
2023
on the day
2022
29 d late
2021
5 d late
2020
21 d early
2019
31 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29k
2024 · €-88k
2018: €-24k
2019: €-39k
2020: €11k
2021: €25k
2022: €-83k
2023: €-43k
2024: €-88k
2018 → 2025
Working capital
€83k▲ 44.8%
2024 · €57k
2018: €21k
2019: €226k
2020: €215k
2021: €238k
2022: €175k
2023: €131k
2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€258k-€176k▼ 31.9%€133k▼ 24.2%€45k▼ 65.9%€74k▲ 63.9%
Operating result€28k-€-81k€-41k▲ 49.1%€-85k▼ 106%€30k
Net result€25k-€-83k€-43k▲ 49.1%€-88k▼ 107%€29k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €30k after a loss of €85k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€12k▼ 37.4%
Current assets
€167k▲ 13.9%
Equity and liabilities €179k
Equity
€74k▲ 63.9%
Debt
€105k▼ 13.0%
The debt ratio falls from 72.6% to 58.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2024 · €-69k
Cash flow
€36k▲
2024 · €-72k
Solvency
41.5%▲
2024 · 27.4%
Current ratio
1.98▲
2024 · 1.64
Quick ratio
1.87▲
2024 · 1.64
Debt / equity
1.41▼
2024 · 2.65
ROE
39.0%▲
2024 · -193.5%
ROA
16.2%▲
2024 · -53.0%
Interest coverage
22.50▲
2024 · -26.03
Debt
€105k▼
2024 · €121k
Debt ≤ 1 year
€85k▼
2024 · €90k
Debt > 1 year
€20k▼
2024 · €28k
Income taxes
€0▼
2024 · €244
Staff costs
€0▼
2024 · €49k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€166k€179k▲
Fixed assets21/28€19k€12k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€15k€10k▼
Plant, machinery and equipment23€1k€183▼
Furniture and vehicles24€2k€714▼
Other tangible fixed assets26€12k€9k▼
Current assets29/58€147k€167k▲
Stocks and contracts in progress3-€9k
Stocks30/36-€9k
Amounts receivable within one year40/41€137k€150k▲
Trade receivables40€137k€149k▲
Other amounts receivable41€356€731▲
Cash at bank and in hand54/58€7k€9k▲
Deferred charges and accrued income490/1€4k€220▼
Equity and liabilities
Total equity and liabilities10/49€166k€179k▲
Equity10/15€45k€74k▲
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Profit (loss) carried forward14€-266k€-237k▲
Amounts payable17/49€121k€105k▼
Amounts payable after more than one year17€28k€20k▼
Financial debts170/4€28k€20k▼
Amounts payable within one year42/48€90k€85k▼
Current portion of amounts payable after more than one year42€8k€8k=
Trade debts44€68k€71k▲
Suppliers440/4€68k€71k▲
Advances received on contracts in progress46€618€0▼
Taxes, remuneration and social security45€13k€4k▼
Taxes450/3€9k€4k▼
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€49k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€29k€24k▼
Non-recurring operating charges66A€3k€437▼
Gross operating margin9900€15k€62k▲
Operating profit (loss)9901€-85k€30k▲
Financial income75/76B€172€255▲
Recurring financial income75€172€255▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-88k€29k▲
Income taxes67/77€244€0▼
Profit (loss) for the period9904€-88k€29k▲
Profit (loss) for the period to be appropriated9905€-88k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-266k€-237k▲
Profit (loss) brought forward from the previous period14P€-178k€-266k▼
Social balance
Average headcount (FTE)90871.00.0▼
The notes to these accounts (14 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after 3 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-88k
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.06
Current ratio from 1.16 to 5.06; short-term debt falls from €134k to €56k.
31-12
Financial
Equity above €200kEq €223k ▲1009%
Equity rises from €20k to €223k.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Raeren · 1 establishment unit since 2014
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.
Eynattener Strasse 204730 RaerenGround area
366 m²
Building footprint
53 m²
Volume, LiDAR
390 m³
Parcel 62078A0365/00C004, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bjorn's alternative snacking
since 20142.226.185.335
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0365/00C004 | Wallonia | 366 m² | 1 · 53 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 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
Food safety, FASFC
1 siteLiège2.226.185.335
Similar companies · same sector, comparable size
Power4U
BE 0759.602.941
Balen · Eq €75k
AS GROUP
BE 0791.916.908
Meise · Eq €74k
ALFASAN BELGIE
BE 0442.893.189
Antwerpen · Eq €75k
IN-DIRECT
BE 0502.565.314
Peer · Eq €75k
GREEN CAPITAL VALUE
BE 0819.921.006
Ukkel · Eq €74k
Of 4,431 companies in sector 46180 we hold annual accounts for 1,887. 1,402 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-01-2014
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
46869Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.