Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BMA is 0.1% (very low). The 2024 annual accounts show equity of €161k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 56% of 4818 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 27-06-2025 | 34 d early | 2025-00187274 |
| 31-12-2023 | 31-07-2024 | 12-07-2024 | 19 d early | 2024-00238566 |
| 31-12-2022 | 31-07-2023 | 02-02-2024 | 186 d late | 2024-00024931 |
| 31-12-2021 | 31-07-2022 | 23-08-2022 | 23 d late | 2022-20305328 |
| 31-12-2020 | 31-07-2021 | 30-07-2021 | 1 d early | 2021-43300069 |
| 31-12-2019 | 31-07-2020 | 24-08-2020 | 24 d late | 2020-44000476 |
| 31-12-2018 | 31-07-2019 | 19-07-2019 | 12 d early | 2019-36000519 |
| 31-12-2017 | 31-07-2018 | 07-06-2018 | 54 d early | 2018-17000304 |
| 31-12-2016 | 31-07-2017 | 15-06-2017 | 46 d early | 2017-18100370 |
| 31-12-2015 | 31-07-2016 | 31-05-2016 | 61 d early | 2016-14300225 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1997, 28 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€5k+88.4%
Working capital€143k+4.1%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 6 fiscal years (±1.6%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.3% | 61.0% | |
| Net result | €5k | €34k | |
| Equity | €161k | €59k | |
| Gross operating margin | €153k | €56k | |
| Staff costs | €127k | €29k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P56
Improving position over 2020-2024
· n=558-4818
P13
Stable position over 2020-2024
· n=558-4815
P82
Improving position over 2020-2024
· n=559-4818
P86
Stable position over 2020-2024
· n=557-4813
Describes the position versus peers, not a forecast.
€19k
+64.3%
18-24
€5k
+88.4%
18-24
€12k
+27.8%
18-24
€247k
-16.4%
18-24
€161k
+3.1%
18-24
€143k
+4.1%
18-24
3
+12.0%
18-24
€127k
+3.9%
18-24
€5k
+145.6%
18-24
€86k
-38.3%
18-24
€77k
-39.6%
18-24
€31k
+46.3%
18-24
2.86
+37.6%
18-24
2.86
+37.6%
18-24
65.3%
+23.3%
18-24
0.53
-40.1%
18-24
3.0%
+82.8%
18-24
1.9%
+125.3%
18-24
7.57
-72.8%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €19k |
| Net profit | €5k |
| Cash flow | €12k |
| Staff costs | €127k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €247k |
| Equity | €161k |
| Debt | €86k |
| of which ≤ 1y | €77k |
| of which > 1y | - |
| Working capital | €143k |
| Employees (FTE) | 2.8 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.86 |
| Quick ratio | 2.86 |
| Working capital ratio | 58.1% |
| Solvency | 65.3% |
| Debt / equity | 0.53 |
| Long-term debt ratio | - |
| Interest coverage | 7.57 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.9% |
| ROE | 3.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €247k |
| Fixed assets | 21/28 | €26k |
| Tangible fixed assets | 22/27 | €25k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €220k |
| Amounts receivable within one year | 40/41 | €108k |
| Investments | 50/53 | €50k |
| Cash & bank | 54/58 | €47k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €247k |
| Equity | 10/15 | €161k |
| Contributions / capital | 10/11 | €32k |
| Reserves | 13 | €129k |
| Amounts payable | 17/49 | €86k |
| Amounts payable within one year | 42/48 | €77k |
| Trade debts payable within one year | 44 | €46k |
| Income statement | ||
| Gross operating margin | 9900 | €153k |
| Operating result | 9901 | €12k |
| Financial income | 75 | €191 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Place Alphonse Bosch 191300 WavreEstablishment units
1 locationPlace Alphonse Bosch 19, 1300 Wavre
since 20222.334.192.657
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area540 m²
Buildings1
Building footprint150 m²
Volume (LiDAR)2,294 m³
Tallest building17.4 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112M0807/00K002 | Wallonia | 540 m² | 1 · 149 m² | 17.4 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
4 acts Capital history · 1
24-07-2023
Capital change
All acts · 4
updated 1 year ago
2024
05-09-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Summary:
L'objet social a été modifié pour inclure l'exercice de la profession d'Expert-comptable Certifié, l'exercice en commun par les actionnaires, la collaboration avec d'autres experts-comptables ou perso…Notary:
Pablo DE DONCKER · Bruxelles
2023
24-07-2023 Capital decrease of €25,500
Notary:
Pablo DE DONCKER · Bruxelles
2011
03-08-2011 General meeting · Statute amendment · Officer appointment · Auditor appointment
- Publication: 03/08/2011 · Fédération Royale du Notariat belge
- Filing: 22/07/2011 · Fédération Royale du Notariat belge
- General meeting: 21/06/2011 · Fédération Royale du Notariat belge
- Statute amendment · Fédération Royale du Notariat belge
- Officer appointment: role: président, term: 3 ans, start_date: immédiatement après l'assemblée générale fédérale du premier semestre 2012 · Lorette ROUSSEAU
- Auditor appointment: term: 3 ans, period: exercice 2011 à 2013 inclus · BUELENS, MATHAY, MATIS & associates SC SPRL
- Auditor appointment: term: 3 ans, period: exercice 2011 à 2013 inclus · BST Réviseurs d'Entreprises SC SPRL
Summary:
General meeting · Statute amendment · Officer appointment · Auditor appointment
03-08-2011 General meeting · Statute amendment · Officer appointment · Auditor appointment
- Publication: 03/08/2011 · Koninklijke Federatie van het Belgisch notariaat
- Filing: 22/07/2011 · Koninklijke Federatie van het Belgisch notariaat
- General meeting: 21/06/2011 · Koninklijke Federatie van het Belgisch notariaat
- Statute amendment · Koninklijke Federatie van het Belgisch notariaat
- Officer appointment: role: Voorzitter, term: 3 jaar · Lorette ROUSSEAU
- Auditor appointment: term: 3 jaar, period: boekjaar 2011 t.e.m. 2013 · BUELENS, MATHAY, MATIS & associates BV BVBA
- Auditor appointment: term: 3 jaar, period: boekjaar 2011 t.e.m. 2013 · BST Bedrijfsrevisoren BV BVBA
Summary:
General meeting · Statute amendment · Officer appointment · Auditor appointment
Analysis
Snowflake analysis
financial profile on 5 axes72
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
15
Solvency
100
Growth
52
Stability
100
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Credit advice
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We hold annual accounts for 1,571 of the 12,140 companies in this sector. 1,238 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van (gecertificeerde) (fiscaal) accountants69201
Primary activity highlighted.
Names & trade names
| Legal nameFR | BMA |
Registered office
Place Alphonse Bosch 19 bus 2
1300 Wavre, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.