BM TOOLS
ActiveSummary
BM TOOLS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,415 and a net result of €21,584. Equity has been stable since 2019 (±0% per year). Its solvency ranks better than 95% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-11-2002 Normal situation
- Activity
- Agents in non-specialised wholesale trade NACE 46190and 5 others
- Establishment unit
- 2.114.699.869 1760 Roosdaal, since 16-12-2002
- Financial year end
- 30 September
- Peppol
- Reachable since 22-12-2025
Board and ownership
- NIL INVESTDirector · permanent representative Carl van Steen
- NIL INVEST100%· score 922025 annual accounts of NIL INVEST
- FMB INVEST BVBAconsolidatesannual accounts 30-09-2015
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €33,066
- ▼ 27.7%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €21,584
- ▼ 29.8%
- Equity
- €96,415
- ▲ 28.8%
- Total assets
- €98,902
- ▼ 14.4%
Score breakdownraises riskSize: total assets €98,902lowers riskFounded in 2002Equity €96,415 (97.5% of total assets)Figures for financial year 2025 (filed on 30-03-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 62% on liquidity, 88% on profitability and 81% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 25-03-2026 PDF all 23 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 30% lower than in 2024 and the lowest since 2021. It is the fourth fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Intangible fixed assets | - | €18,000 | - | - |
| Depreciation and write-downs of the year | €388 | €464 | €3,600 | €3,600 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as BM TOOLS: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €97,300 and €277,000, founded between 1998 and 2006.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| BM TOOLS Roosdaal | 2002 | €98,902 | €96,415 | €33,066 | €21,584 | 0 | 2025 |
| YELL-O-SNOW Halle | 2003 | €97,306 | €83,935 | €26,114 | €17,253 | 0 | 2026 |
| NG Product La Bruyère | 2006 | €220,172 | €27,416 | €29,530 | €18,962 | 0 | 2025 |
| HONINX Hasselt | 2005 | €197,621 | €32,887 | €12,746 | -€47,052 | 0.5 | 2025 |
| Cools Trading Beerse | 2005 | €277,220 | €216,139 | €67,052 | €14,001 | 0 | 2025 |
| GUTI TRADING GROUP Antwerpen | 1998 | €276,650 | €113,489 | €30,358 | -€28,933 | 0.6 | 2025 |
| BELGIAN FAR EAST TRADING COMPANY Sint-Genesius-Rode | 2002 | €126,793 | €84,308 | €37,637 | €18,911 | - | 2025 |
They were chosen from the 2,590 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as BM TOOLS has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BM TOOLS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,445 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 31,368 companies, not a prediction for BM TOOLS. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,781 | €12,169 | €388 | €388 | €464 | €3,600 | €3,600 | = |
| Other operating charges640/8 | - | - | - | €847 | €533 | €809 | €487 | ▼ 39.8% |
| Gross operating margin9900 | €110,189 | €87,663 | €88,500 | €64,014 | €61,394 | €45,712 | €33,066 | ▼ 27.7% |
| Operating profit (loss)9901 | €35,191 | €66,440 | €85,986 | €62,779 | €60,397 | €41,302 | €28,979 | ▼ 29.8% |
| Financial income75/76B | - | - | - | - | - | - | €29 | - |
| Recurring financial income75 | - | €1 | €1 | - | - | - | €29 | - |
| Financial charges65/66B | - | - | - | €179 | €39 | €38 | €41 | ▲ 9.8% |
| Recurring financial charges65 | €529 | €483 | €291 | €179 | €39 | €38 | €41 | ▲ 9.8% |
| Profit (loss) for the period before taxes9903 | €34,662 | €65,958 | €85,697 | €62,599 | €60,358 | €41,265 | €28,966 | ▼ 29.8% |
| Income taxes67/77 | €15,419 | €20,855 | €31,107 | €16,455 | €15,418 | €10,505 | €7,382 | ▼ 29.7% |
| Profit (loss) for the period9904 | €19,244 | €45,103 | €54,590 | €46,144 | €44,940 | €30,760 | €21,584 | ▼ 29.8% |
| Profit (loss) for the period to be appropriated9905 | €19,244 | €45,103 | €110,840 | €46,144 | €44,940 | €30,760 | €21,584 | ▼ 29.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €156,868 | €174,335 | €159,692 | €119,837 | €142,846 | €115,552 | €98,902 | ▼ 14.4% |
| Fixed assets21/28 | €35,342 | €24,338 | €388 | - | €17,536 | €13,936 | €10,336 | ▼ 25.8% |
| Intangible fixed assets21 | - | - | - | - | €17,536 | €13,936 | €10,336 | ▼ 25.8% |
| Tangible fixed assets22/27 | €35,342 | €24,338 | €388 | - | - | - | - | - |
| Current assets29/58 | €121,526 | €149,998 | €159,304 | €119,837 | €125,309 | €101,616 | €88,566 | ▼ 12.8% |
| Amounts receivable within one year40/41 | €35,883 | €64,742 | €56,003 | €55,794 | €53,060 | €68,471 | €83,022 | ▲ 21.3% |
| Trade receivables40 | - | - | - | €47,717 | €48,004 | €59,072 | €76,526 | ▲ 29.5% |
| Other amounts receivable41 | - | - | - | €8,077 | €5,056 | €9,399 | €6,496 | ▼ 30.9% |
| Current investments50/53 | €25,551 | €25,551 | €25,551 | €551 | €551 | €553 | €555 | ▲ 0.4% |
| Cash at bank and in hand54/58 | €58,984 | €58,453 | €77,750 | €62,919 | €71,591 | €32,469 | €4,836 | ▼ 85.1% |
| Deferred charges and accrued income490/1 | - | - | - | €573 | €108 | €122 | €152 | ▲ 24.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €156,868 | €174,335 | €159,692 | €119,837 | €142,846 | €115,552 | €98,902 | ▼ 14.4% |
| Equity10/15 | €83,994 | €84,096 | €58,686 | €74,831 | €74,831 | €74,831 | €96,415 | ▲ 28.8% |
| Contributions10/11 | €25,000 | - | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €58,994 | €59,096 | €33,686 | €49,831 | €49,831 | €49,831 | €71,415 | ▲ 43.3% |
| Distributable reserves133 | - | - | - | €49,831 | €49,831 | €49,831 | €71,415 | ▲ 43.3% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €72,874 | €90,239 | €101,006 | €45,007 | €68,015 | €40,722 | €2,487 | ▼ 93.9% |
| Amounts payable after more than one year17 | €21,346 | €7,902 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €51,528 | €82,337 | €101,006 | €45,007 | €68,015 | €40,722 | €2,487 | ▼ 93.9% |
| Trade debts44 | €14,136 | €26,497 | €11,134 | €14,552 | €23,075 | €9,961 | €2,400 | ▼ 75.9% |
| Suppliers440/4 | - | - | - | €14,552 | €23,075 | €9,961 | €2,400 | ▼ 75.9% |
| Taxes, remuneration and social security45 | - | - | - | €455 | €0 | - | - | - |
| Taxes450/3 | - | - | - | €455 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €30,000 | €44,940 | €30,760 | €88 | ▼ 99.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,244 | €45,103 | €54,590 | €46,144 | €44,940 | €30,760 | €21,584 | ▼ 29.8% |
| + Depreciation and write-downs630 | €11,781 | €12,169 | €388 | €388 | €464 | €3,600 | €3,600 | = |
| Operating cash flow (approximation) | €31,024 | €57,272 | €54,978 | €46,533 | €45,404 | €34,360 | €25,184 | ▼ 26.7% |
| Investment in fixed assets (approximation) | - | -€1,165 | €23,561 | - | - | €0 | €0 | - |
| Change in cash | - | -€531 | €19,297 | -€14,831 | €8,671 | -€39,122 | -€27,633 | ▲ 29.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 25-03-2026 | 2026-00065503 | |
| 30-09-2024 | abbreviated format | 21-03-2025 | 2025-00051556 | |
| 30-09-2023 | abbreviated format | 13-03-2024 | 2024-00042699 | |
| 30-09-2022 | abbreviated format | 24-02-2023 | 2023-00030789 | |
| 30-09-2021 | abbreviated format | 15-12-2021 | 2021-80600231 | |
| 30-09-2020 | abbreviated format | 30-04-2021 | 2021-12000433 | |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-10500027 | |
| 30-09-2018 | micro format | 24-04-2019 | 2019-10300412 | |
| 30-09-2017 | micro format | 25-04-2018 | 2018-10700178 | |
| 30-09-2016 | abbreviated format | 27-04-2017 | 2017-10600316 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
2 ownersChain of control
- FMB INVEST BVBA
- NIL INVEST
- BM TOOLS
Owners 2
- NIL INVESTparentSourceaccounts NIL INVEST 2025Equity €307,161 Profit of €39,696 in 2025 (profit of €54,870 in 2024) Checked score 92100%
- FMB INVEST BVBAconsolidating parentEquity €208,816 Loss of €33,036 in 2025 (loss of €32,871 in 2024)consolidates
Capital transactions
- 17-05-2022 Converted to unavailable equity · €25,000
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| NIL INVEST |
|
| Messiaen Bernard Albert |
|
| Van Steen Martinus Cornelis Wilhelmus Maria |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuur, 15”“Vergoeding bestuurders, 17”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Ontbinding, besluit algemene vergadering met WVV vormvereisten,aanwezigheidsquorum en meerderheid”
Articles of association, deed of 17-05-2022 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of BM TOOLS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-05
Gazette deed
Registered office moved from Ninove to RoosdaalResignations: Messiaen Bernard Albert, Van Steen Martinus Cornelis Wilhelmus Maria and NIL INVEST · Reappointment: NIL INVEST (director) · Permanent representative: Carl van Steen15 points ▸
- General meeting, “Alle aandeelhouders aanwezig, buitengewone algemene vergadering” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, BV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Registered-office move, 1760 Roosdaal,Ledebergstraat 8
- Director resignation, Messiaen Bernard Albert (statutair zaakvoerder,thans bestuurder)
- Director resignation, Van Steen Martinus Cornelis Wilhelmus Maria (statutair zaakvoerder,thans bestuurder)
- Amendment of the articles
- Capital
- Director resignation, NIL INVEST (manager)
- Director reappointment, NIL INVEST (director (not named in the articles))
- Permanent representative, Carl van Steen
- Director discharge, NIL INVEST
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Text of the purpose
“De aan- en verkoop,groot- en kleinhandel,im- en export,agentuur,vertegenwoordiging van gereedschap,benodigdheden,machines,uitrustingsgoederen,veiligheidsartikelen(inclusief veiligheidskledij en-schoenen)voor de industrie en de bouwsector en al wat daarmee rechtstreeks of onrechtstreeks verband houdt.”
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23097C0298/00P000 | Flanders | 1,785 m² | 1 · 143 m² | 9.7 m · 2 |