BKCS
ActiveSummary
The computed 12-month bankruptcy probability of BKCS is 3.3% (moderate). The 2025 annual accounts show equity of €313,724 and a net result of €76,418. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 462 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
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- 2025 Turnover +73%, Net result -87%, Total assets +54%, Staff (FTE) +67% on 2024. Part of BLINK DIGITAL received in a demerger, Official Gazette 22-09-2025.
Peer companies
Historical observationOf the 189 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Large
- solvency under 10%
- a profit under 5% of the balance sheet
- without age
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 189 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €10.9m | €10.3m | €10.0m | €14.3m | €24.7m | ▲ 72.5% |
| Turnover70 | €10.6m | €10.1m | €9.3m | €13.5m | €23.3m | ▲ 72.7% |
| Other operating income74 | €274,740 | €171,915 | €654,104 | €811,373 | €1.4m | ▲ 68.8% |
| Non-recurring operating income76A | €23,500 | - | - | - | - | - |
| Operating charges60/66A | €10.4m | €10.1m | €9.5m | €13.7m | €24.4m | ▲ 77.9% |
| Services and other goods61 | €561,288 | €478,526 | €412,173 | €738,672 | €1.5m | ▲ 97.3% |
| Remuneration, social security and pensions62 | €9.7m | €9.5m | €9.0m | €12.8m | €22.5m | ▲ 75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,696 | €32,714 | €31,799 | €179,234 | €294,192 | ▲ 64.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €341 | - | - | - |
| Other operating charges640/8 | €4,055 | €37,308 | €30,098 | €3,645 | €139,437 | ▲ 3,726% |
| Non-recurring operating charges66A | €12,810 | €26,741 | - | - | €8,702 | - |
| Operating profit (loss)9901 | €495,785 | €172,240 | €438,171 | €586,022 | €268,599 | ▼ 54.2% |
| Financial income75/76B | €169 | €59 | €624 | €27 | - | - |
| Recurring financial income75 | €169 | €59 | €624 | €27 | - | - |
| Income from current assets751 | €169 | - | - | - | - | - |
| Other financial income752/9 | - | €59 | €624 | €27 | - | - |
| Financial charges65/66B | €6,937 | €7,228 | €17,948 | €18,364 | €27,678 | ▲ 50.7% |
| Recurring financial charges65 | €6,937 | €7,228 | €17,948 | €18,364 | €27,678 | ▲ 50.7% |
| Debt charges650 | €5,906 | €6,980 | €17,936 | €18,364 | €26,375 | ▲ 43.6% |
| Other financial charges652/9 | €1,031 | €248 | €12 | - | €1,303 | - |
| Profit (loss) for the period before taxes9903 | €489,017 | €165,071 | €420,847 | €567,686 | €240,922 | ▼ 57.6% |
| Income taxes67/77 | €154,775 | €46,619 | €114,975 | -€8,537 | €164,503 | ▲ 2,027% |
| Taxes670/3 | €154,775 | €55,239 | €114,975 | €45,000 | €164,503 | ▲ 266% |
| Tax adjustments and reversals of tax provisions77 | - | €8,620 | - | €53,537 | - | - |
| Profit (loss) for the period9904 | €334,242 | €118,452 | €305,873 | €576,223 | €76,418 | ▼ 86.7% |
| Profit (loss) for the period to be appropriated9905 | €334,242 | €118,452 | €305,873 | €576,223 | €76,418 | ▼ 86.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.0m | €1.9m | €3.6m | €5.5m | ▲ 54.4% |
| Fixed assets21/28 | €58,344 | €48,602 | €46,848 | €664,164 | €851,626 | ▲ 28.2% |
| Intangible fixed assets21 | €38,921 | €31,469 | €18,812 | €648,694 | €824,096 | ▲ 27.0% |
| Tangible fixed assets22/27 | €15,973 | €10,758 | €21,661 | €12,545 | €10,120 | ▼ 19.3% |
| Plant, machinery and equipment23 | €4,765 | €2,202 | - | - | €392 | - |
| Furniture and vehicles24 | €11,208 | €8,557 | €21,661 | €12,545 | €5,772 | ▼ 54.0% |
| Other tangible fixed assets26 | - | - | - | - | €3,955 | - |
| Financial fixed assets28 | €3,450 | €6,375 | €6,375 | €2,925 | €17,410 | ▲ 495% |
| Other financial fixed assets284/8 | €3,450 | €6,375 | €6,375 | €2,925 | €17,410 | ▲ 495% |
| Amounts receivable and cash guarantees285/8 | €3,450 | €6,375 | €6,375 | €2,925 | €17,410 | ▲ 495% |
| Current assets29/58 | €1.7m | €1.9m | €1.9m | €2.9m | €4.7m | ▲ 60.4% |
| Amounts receivable within one year40/41 | €1.5m | €1.6m | €1.9m | €2.9m | €4.6m | ▲ 61.6% |
| Trade receivables40 | €759,312 | €762,394 | €835,520 | €651,402 | €1.3m | ▲ 95.2% |
| Other amounts receivable41 | €759,429 | €788,350 | €1.0m | €2.2m | €3.4m | ▲ 51.7% |
| Cash at bank and in hand54/58 | €204,919 | €324,024 | €7,798 | €11,275 | €11,299 | ▲ 0.2% |
| Deferred charges and accrued income490/1 | €7,063 | €40,368 | €2,651 | €43,930 | €41,114 | ▼ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.0m | €1.9m | €3.6m | €5.5m | ▲ 54.4% |
| Equity10/15 | €80,044 | €98,496 | €154,369 | €230,591 | €313,724 | ▲ 36.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €23,748 | ▲ 27.7% |
| Reserves13 | €61,444 | €79,896 | €135,769 | €211,991 | €289,977 | ▲ 36.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €59,584 | €78,036 | €133,909 | €211,991 | €289,977 | ▲ 36.8% |
| Amounts payable17/49 | €1.7m | €1.9m | €1.8m | €3.4m | €5.2m | ▲ 55.7% |
| Amounts payable within one year42/48 | €1.7m | €1.9m | €1.8m | €3.4m | €5.2m | ▲ 55.7% |
| Financial debts43 | €231,155 | €269,865 | €179,612 | €199,717 | €270,937 | ▲ 35.7% |
| Credit institutions430/8 | €231,155 | €269,865 | €179,612 | €199,717 | €270,937 | ▲ 35.7% |
| Trade debts44 | €90,627 | €223,206 | €187,985 | €224,039 | €976,903 | ▲ 336% |
| Suppliers440/4 | €90,627 | €223,206 | €187,985 | €224,039 | €976,903 | ▲ 336% |
| Taxes, remuneration and social security45 | €987,240 | €1.3m | €1.2m | €1.6m | €3.5m | ▲ 113% |
| Taxes450/3 | €229,610 | €196,308 | €134,273 | €69,772 | €266,832 | ▲ 282% |
| Remuneration and social security454/9 | €757,631 | €1.1m | €1.0m | €1.6m | €3.2m | ▲ 105% |
| Other amounts payable47/48 | €400,000 | €100,000 | €250,251 | €1.3m | €500,000 | ▼ 61.5% |
| Accrued charges and deferred income492/3 | - | - | €2,977 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €334,242 | €118,452 | €305,873 | €576,223 | €76,418 | ▼ 86.7% |
| + Depreciation and write-downs630 | €34,696 | €32,714 | €31,799 | €179,234 | €294,192 | ▲ 64.1% |
| Operating cash flow (approximation) | €368,939 | €151,166 | €337,671 | €755,457 | €370,611 | ▼ 50.9% |
| Investment in fixed assets (approximation) | - | -€22,973 | -€30,045 | -€796,550 | -€481,654 | ▲ 39.5% |
| Change in cash | - | €119,106 | -€316,226 | €3,477 | €24 | ▼ 99.3% |
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
28-07
State Gazette act
Permanent representatives: Jimmy Depré and Sarah PorcoReappointment: Moore Audit BV (statutory auditor)5 facts ▸
- General meeting, 30-06-2026
- Permanent representative, Jimmy Depré (permanent representative)
- Permanent representative, Sarah Porco (permanent representative)
- Auditor reappointment, Moore Audit BV (statutory auditor)
- Auditor reappointment, Moore Audit BV (statutory auditor)
Show earlier events
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
15 establishment units
Show 9 more locations
15 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0375/00R000 | Flanders | 2.3 ha | 1 · 3,194 m² | 24.0 m · 3 fl. |
| 36017A1279/00F000 | Flanders | 3,013 m² | 1 · 398 m² | 53.6 m · 5 fl. |
| 34354C0345/00S000 | Flanders | 2,090 m² | 1 · 204 m² | - |
| 11422C0187/00M005 | Flanders | 1,398 m² | 1 · 541 m² | 15.2 m · 1 fl. |
| 13012E0260/00P000 | Flanders | 813 m² | 1 · 192 m² | 9.2 m · 2 fl. |
| 13434F0535/00L000 | Flanders | 693 m² | 1 · 218 m² | - |
| 13004A0404/00S003 | Flanders | 422 m² | 1 · 196 m² | - |
| 37016B0781/00N007 | Flanders | 327 m² | 1 · 103 m² | 10.5 m · 2 fl. |
| 73009E0482/00M002 | Flanders | 300 m² | 1 · 109 m² | 9.2 m · 1 fl. |
| 24662E0062/00R012 | Flanders | 261 m² | 1 · 111 m² | 12.2 m · 3 fl. |
| 12006C1120/00S000 | Flanders | 253 m² | 1 · 117 m² | 5.9 m · 2 fl. |
| 13011F0381/00M000 | Flanders | 182 m² | 1 · 306 m² | 14.6 m · 2 fl. |
| 13049B0439/00V000 | Flanders | 149 m² | 1 · 149 m² | 21.0 m · 3 fl. |
| 44809I0727/00G002 | Flanders | 122 m² | 1 · 139 m² | 19.4 m · 5 fl. |
| 73083C0735/00_000 | Flanders | 106 m² | 1 · 106 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Moore Audit |
|
Structure & network
Owners and holdings
1 ownerChain of control
- HIVE-5
- BKCS
Highest known parent: HIVE-5. The sources do not say who stands above it.
Owners 1
- HIVE-5parent100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of BKCS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionPublic money · subsidies and aid
Flemish government
2022 to 2025 · 15 entries · 31,605,975 EUR awarded · 31,571,026 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 10,558,103 EUR | 10,550,328 EUR |
| 2024 | 4 | 8,725,937 EUR | 8,720,556 EUR |
| 2023 | 4 | 5,877,945 EUR | 5,878,536 EUR |
| 2022 | 3 | 6,443,990 EUR | 6,421,606 EUR |
Recognitions · licences · registrations
Recognised service-voucher company
1 live approval · 285 municipalitiesSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.