BMA2
ActiveSummary
The annual accounts of BMA2 for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €1,520 and a net result of -€2,958. Its solvency ranks better than 6% of 12761 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-5
Solvency27▼-1
Growth32
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.24 against 0.22 in 2024; short-term debt: 56.3% and cash: 9.2% of total assets), and 98.5% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.5%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 12761 sector peers (2025).
NBB · sector comparisonPosition among 12761 sector peers
Solvency
better than 6%
← weakest
strongest →
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 11-07-2026, 20 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
20 d early
2024
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1,520▼ 66.1%
2024 · €4,478
Total assets
€100,631▼ 23.0%
2024 · €130,607
Net result
-€2,958
2024 · €1,478
Working capital
-€42,971▲ 19.4%
2024 · -€53,297
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€4,539--€381
Net result€1,478--€2,958
Equity€4,478-€1,520▼ 66.1%
Total assets€130,607-€100,631▼ 23.0%
Debt€126,129-€99,111▼ 21.4%
Working capital-€53,297--€42,971▲ 19.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €381 after €4,539 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,631
Fixed assets
€86,924 ▼ 24.7%
Current assets
€13,707 ▼ 9.3%
Equity and liabilities €100,631
Equity
€1,520 ▼ 66.1%
Debt
€99,111 ▼ 21.4%
Debt's share of the balance-sheet total rises from 96.6% to 98.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28,189▼
2024 · €31,148
Cash flow
€25,612▼
2024 · €28,087
Current ratio
0.24▲
2024 · 0.22
Debt to equity
65.20▲
2024 · 28.17
ROE
-194.6%▼
2024 · 33.0%
ROA
-2.9%▼
2024 · 1.1%
Interest coverage
11.74▼
2024 · 18.53
Debt ≤ 1 year
€56,679▼
2024 · €68,411
Debt > 1 year
€40,513▼
2024 · €56,247
Income taxes
€176▼
2024 · €1,380
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,609 | €28,569 | ▲ 7.4% |
| Other operating charges640/8 | €438 | €528 | ▲ 20.4% |
| Gross operating margin9900 | €31,587 | €28,717 | ▼ 9.1% |
| Operating profit (loss)9901 | €4,539 | -€381 | ▼ 108% |
| Financial charges65/66B | €1,681 | €2,401 | ▲ 42.8% |
| Recurring financial charges65 | €1,681 | €2,401 | ▲ 42.8% |
| Profit (loss) for the period before taxes9903 | €2,858 | -€2,782 | ▼ 197% |
| Income taxes67/77 | €1,380 | €176 | ▼ 87.2% |
| Profit (loss) for the period9904 | €1,478 | -€2,958 | ▼ 300% |
| Profit (loss) for the period to be appropriated9905 | €1,478 | -€2,958 | ▼ 300% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €130,607 | €100,631 | ▼ 23.0% |
| Fixed assets21/28 | €115,493 | €86,924 | ▼ 24.7% |
| Intangible fixed assets21 | €113,913 | €85,913 | ▼ 24.6% |
| Tangible fixed assets22/27 | €1,525 | €956 | ▼ 37.3% |
| Furniture and vehicles24 | €1,525 | €956 | ▼ 37.3% |
| Financial fixed assets28 | €56 | €56 | = |
| Current assets29/58 | €15,114 | €13,707 | ▼ 9.3% |
| Amounts receivable within one year40/41 | €8,629 | €4,437 | ▼ 48.6% |
| Trade receivables40 | €8,629 | €4,437 | ▼ 48.6% |
| Cash at bank and in hand54/58 | €4,785 | €9,270 | ▲ 93.8% |
| Deferred charges and accrued income490/1 | €1,700 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €130,607 | €100,631 | ▼ 23.0% |
| Equity10/15 | €4,478 | €1,520 | ▼ 66.1% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €1,478 | -€1,480 | ▼ 200% |
| Amounts payable17/49 | €126,129 | €99,111 | ▼ 21.4% |
| Amounts payable after more than one year17 | €56,247 | €40,513 | ▼ 28.0% |
| Financial debts170/4 | €56,247 | €40,513 | ▼ 28.0% |
| Amounts payable within one year42/48 | €68,411 | €56,679 | ▼ 17.1% |
| Current portion of amounts payable after more than one year42 | €15,163 | €15,734 | ▲ 3.8% |
| Trade debts44 | €539 | €1,383 | ▲ 157% |
| Suppliers440/4 | €539 | €1,383 | ▲ 157% |
| Advances received on contracts in progress46 | - | €1,286 | - |
| Taxes, remuneration and social security45 | €4,546 | €6,033 | ▲ 32.7% |
| Taxes450/3 | €4,546 | €6,033 | ▲ 32.7% |
| Other amounts payable47/48 | €48,163 | €32,243 | ▼ 33.1% |
| Accrued charges and deferred income492/3 | €1,472 | €1,920 | ▲ 30.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,478 | -€2,958 | ▼ 300% |
| + Depreciation and write-downs630 | €26,609 | €28,569 | ▲ 7.4% |
| Operating cash flow (approximation) | €28,087 | €25,612 | ▼ 8.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €4,486 | - |
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
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Houyet · 2 establishment units since 2024
Ground area
2,688 m²
Building footprint
312 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
BMA2
since 20242.355.087.645
BMA2
since 20242.356.849.976
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91026E0240/00S000 | Wallonia | 1,990 m² | 1 · 169 m² | - |
| 91026F0055/00S000 | Wallonia | 698 m² | 1 · 142 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,069 companies in sector 69101 we hold annual accounts for 9,055. 1,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail
b.marique@avocat.be
Scores and ratios are computed by Checked and are not a credit decision.