BMSgrow
Bankruptcy closedInactive since 24-06-2026; last annual accounts for fiscal year 2021.
Summary
BMSgrow was declared bankrupt on 06-11-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 22-06-2026, published in the Belgian State Gazette on 25-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
109 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 79 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Growing of vegetables, melons, roots and tubers sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
-€401,076▼ 64.8%
2020 · -€243,377
Total assets
€271,315▼ 39.9%
2020 · €451,505
Net result
-€157,699▲ 37.6%
2020 · -€252,625
Working capital
-€237,183
2020 · €25,643
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€15,430--€34,592-€247,562▼ 616%-€152,037▲ 38.6%
Net result€10,596--€39,289-€252,625below the sector's middle half▼ 543%-€157,699below the sector's middle half▲ 37.6%
Equity€48,536-€9,247▼ 80.9%-€243,377below the sector's middle half-€401,076below the sector's middle half▼ 64.8%
Total assets€525,154-€516,392▼ 1.7%€451,505below the sector's middle half▼ 12.6%€271,315below the sector's middle half▼ 39.9%
Debt€476,618-€507,144▲ 6.4%€694,882▲ 37.0%€672,391▼ 3.2%
Working capital€114,085-€98,521▼ 13.6%€25,643▼ 74.0%-€237,183
Solvency9.2%-1.8%▼ 7.5pp-53.9%below the sector's middle half▼ 55.7pp-147.8%below the sector's middle half▼ 93.9pp
Staff (FTE)9-7.9▼ 12.2%12.4above the sector's middle half▲ 57.0%11.3above the sector's middle half▼ 8.9%
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €152,037 in 2021 against €247,562 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €271,315
Fixed assets
€78,400 ▼ 27.3%
Current assets
€192,915 ▼ 43.8%
Key figures and ratios
EBITDA
-€112,963▲
2020 · -€185,106
Cash flow
-€118,625▲
2020 · -€190,169
Current ratio
0.45▼
2020 · 1.08
Quick ratio
0.41▼
2020 · 1.02
Debt to equity
-1.68▼
2020 · -0.15
ROA
-58.1%▼
2020 · -56.0%
Interest coverage
-19.95
Debt ≤ 1 year
€430,098▲
2020 · €317,798
Debt > 1 year
€79,339▲
2020 · €36,074
Staff costs
€415,017
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14,275 | - |
| Remuneration, social security and pensions62 | - | - | - | €415,017 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,261 | €64,448 | €62,455 | €39,073 | ▼ 37.4% |
| Other operating charges640/8 | - | - | - | €848 | - |
| Gross operating margin9900 | €352,623 | €284,230 | €219,680 | €302,901 | ▲ 37.9% |
| Operating profit (loss)9901 | €15,430 | -€34,592 | -€247,562 | -€152,037 | ▲ 38.6% |
| Recurring financial income75 | €1,667 | €185 | €0 | - | - |
| Financial charges65/66B | - | - | - | €5,662 | - |
| Recurring financial charges65 | €5,596 | €4,814 | €5,085 | €5,662 | ▲ 11.4% |
| Profit (loss) for the period before taxes9903 | €11,501 | -€39,221 | -€252,646 | -€157,699 | ▲ 37.6% |
| Income taxes67/77 | €904 | €68 | -€21 | - | - |
| Profit (loss) for the period9904 | €10,596 | -€39,289 | -€252,625 | -€157,699 | ▲ 37.6% |
| Profit (loss) for the period to be appropriated9905 | €10,596 | -€39,289 | -€252,625 | -€157,699 | ▲ 37.6% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €525,154 | €516,392 | €451,505 | €271,315 | ▼ 39.9% |
| Formation expenses20 | €688 | €438 | €188 | - | - |
| Fixed assets21/28 | €142,311 | €157,115 | €107,877 | €78,400 | ▼ 27.3% |
| Tangible fixed assets22/27 | €142,311 | €157,115 | €107,877 | €78,400 | ▼ 27.3% |
| Plant, machinery and equipment23 | - | - | - | €45,582 | - |
| Furniture and vehicles24 | - | - | - | €32,818 | - |
| Current assets29/58 | €382,155 | €358,839 | €343,441 | €192,915 | ▼ 43.8% |
| Stocks and contracts in progress3 | €83,647 | €31,134 | €18,406 | €16,523 | ▼ 10.2% |
| Stocks30/36 | - | - | - | €16,523 | - |
| Amounts receivable within one year40/41 | €157,042 | €228,495 | €321,258 | €148,051 | ▼ 53.9% |
| Trade receivables40 | - | - | - | €140,917 | - |
| Other amounts receivable41 | - | - | - | €7,134 | - |
| Cash at bank and in hand54/58 | €110,688 | €83,158 | - | €4,296 | - |
| Deferred charges and accrued income490/1 | - | - | - | €24,046 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €525,154 | €516,392 | €451,505 | €271,315 | ▼ 39.9% |
| Equity10/15 | €48,536 | €9,247 | -€243,377 | -€401,076 | ▼ 64.8% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | - |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | - |
| Reserves not available under the articles1311 | - | - | - | €1,855 | - |
| Profit (loss) carried forward14 | €28,131 | -€11,158 | -€263,782 | -€421,481 | ▼ 59.8% |
| Amounts payable17/49 | €476,618 | €507,144 | €694,882 | €672,391 | ▼ 3.2% |
| Amounts payable after more than one year17 | €58,867 | €59,548 | €36,074 | €79,339 | ▲ 120% |
| Financial debts170/4 | - | - | - | €79,339 | - |
| Amounts payable within one year42/48 | €268,070 | €260,319 | €317,798 | €430,098 | ▲ 35.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €36,413 | - |
| Financial debts43 | - | - | - | €145,735 | - |
| Credit institutions430/8 | - | - | - | €145,735 | - |
| Trade debts44 | €31,287 | €35,050 | €74,228 | €64,787 | ▼ 12.7% |
| Suppliers440/4 | - | - | - | €64,787 | - |
| Taxes, remuneration and social security45 | - | - | - | €72,772 | - |
| Taxes450/3 | - | - | - | €12,206 | - |
| Remuneration and social security454/9 | - | - | - | €60,565 | - |
| Other amounts payable47/48 | - | - | - | €110,391 | - |
| Accrued charges and deferred income492/3 | - | - | - | €162,954 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,596 | -€39,289 | -€252,625 | -€157,699 | ▲ 37.6% |
| + Depreciation and write-downs630 | €59,261 | €64,448 | €62,455 | €39,073 | ▼ 37.4% |
| Operating cash flow (approximation) | €69,857 | €25,159 | -€190,169 | -€118,625 | ▲ 37.6% |
| Investment in fixed assets (approximation) | - | -€79,251 | -€13,217 | -€9,597 | ▲ 27.4% |
| Change in cash | - | -€27,530 | - | - | - |
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
2026
25-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 22-06-2026
2023
10-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 06-11-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 109 days late
2020
31-12
Financial
Weakest financial yearnet -€252,625
Net result drops to -€252,625, the lowest in the series.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 97 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lier
Ground area
1,463 m²
Building footprint
100 m²
Volume, LiDAR
508 m³
Parcel 12393E0477/00D003, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393E0477/00D003 | Flanders | 1,462 m² | 1 · 100 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRIS VAN DEN BERGHEN FREDERIK DE MERODE-
STRAAT 94-96, 2800 MECHELEN |
06-11-2023 → 22-06-2026 |
| Curator | KAROLIEN VAN DEN BERGHEN FREDERIK DE MERODES-
TRAAT 94-96, 2800 MECHELEN |
06-11-2023 → 22-06-2026 |
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Of 3,623 companies in sector 01130 we hold annual accounts for 789. 351 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
43211General electrical installation work
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.