BOTEYE
ActiveSummary
The computed 12-month bankruptcy probability of BOTEYE is 3.6% (moderate). The 2024 annual accounts show negative equity (€-60k) and a net result of €-3k. Equity is shrinking by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 15869 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-14
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.35 in 2023; short-term debt: 286% and cash: 29.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-306%
Return on assets
-17.5%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-60k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
30 d early
2022
24 d early
2021
37 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-60k▼ 6.1%
2023 · €-56k
2021: €962
2022: €-53k
2023: €-56k
2021 → 2024
Total assets
€19k▼ 38.3%
2023 · €32k
2021: €71k
2022: €46k
2023: €32k
2021 → 2024
Net result
€-3k▲ 6.5%
2023 · €-4k
2021: €-13k
2022: €-54k
2023: €-4k
2021 → 2024
Working capital
€-40k▼ 20.7%
2023 · €-33k
2021: €15k
2022: €-22k
2023: €-33k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€962-€-53k€-56k▼ 6.9%€-60k▼ 6.1%
Operating result€-10k-€-50k▼ 413%€277€705▲ 154%
Net result€-13k-€-54k▼ 301%€-4k▲ 93.2%€-3k▲ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 154% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19k
Fixed assets
€4k ▼ 73.6%
Current assets
€16k ▼ 10.8%
Key figures and ratios
EBITDA
€5k▼
2023 · €9k
Cash flow
€801▼
2023 · €5k
Solvency
-306.0%▼
2023 · -178.0%
Current ratio
0.28▼
2023 · 0.35
Quick ratio
0.15▲
2023 · 0.13
Debt to equity
-1.33▲
2023 · -1.56
ROA
-17.5%▼
2023 · -11.5%
Interest coverage
1.17▼
2023 · 2.40
Debt
€79k▼
2023 · €88k
Debt ≤ 1 year
€56k▲
2023 · €51k
Debt > 1 year
€23k▼
2023 · €37k
Staff costs
€660▼
2023 · €683
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€32k€19k▼
Formation expenses20€68-
Fixed assets21/28€14k€4k▼
Tangible fixed assets22/27€14k€4k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€2k€267▼
Other tangible fixed assets26€6k-
Current assets29/58€18k€16k▼
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€880▼
Other amounts receivable41€859€2k▲
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€85€148▲
Equity and liabilities
Total equity and liabilities10/49€32k€19k▼
Equity10/15€-56k€-60k▼
Contributions10/11€14k€14k=
Profit (loss) carried forward14€-70k€-74k▼
Amounts payable17/49€88k€79k▼
Amounts payable after more than one year17€37k€23k▼
Financial debts170/4€37k€23k▼
Amounts payable within one year42/48€51k€56k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€11k€11k▼
Taxes450/3€11k€11k▼
Other amounts payable47/48€13k€26k▲
Income statement
Code20232024
Remuneration, social security and pensions62€683€660▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€4k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€13k€15k▲
Operating profit (loss)9901€277€705▲
Financial income75/76B€10€73▲
Recurring financial income75€10€73▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-4k€-3k▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-74k▼
Profit (loss) brought forward from the previous period14P€-67k€-70k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Spa · 1 establishment unit since 2020
Cannot 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.
Rue Général Bertrand 44900 SpaGround area
61 m²
Building footprint
57 m²
Volume, LiDAR
746 m³
Parcel 63072G0124/00N000, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BOTEYE
since 20202.306.164.409
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072G0124/00N000 | Wallonia | 61 m² | 1 · 57 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSpa2.306.164.409
Similar companies · same sector, comparable size
GM ECO ENERGIES
BE 1003.836.766
Liège · Eq €934
LS CONSULTANTS
BE 0729.728.822
Mechelen · Eq €1,000
ATELIER LACHAPELLE
BE 0776.610.209
Oostende · Eq €1,000
Rocket Lab
BE 0525.702.287
Etterbeek · Eq €1,008
WELLY Food Distribution
BE 0773.523.926
La Hulpe · Eq €901
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
47251Retail sale of wines and spirits
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
82990Other business support services
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.