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BP-RE

Active
Private limited companyfounded 20232 yrs activeLuxemburgstraat 20, 9140 Temse, BelgiumKBO/BCE: BE 1003.227.151
Summary

BP-RE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€9,183) and a net result of -€12,456. Its solvency ranks better than 16% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability23▼-11
Solvency25=
Growth32
Track record82
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.14 against 1.4 in 2024; short-term debt: 73.5% and cash: 0.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-0.3%
Return on assets
-0.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€9,183
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 24-07-2026, 7 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
7 d early
2024
7 d early
← 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 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 December 2023, BP-RE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€9,183
2024 · €3,273
Total assets
€3.1m▼ 5.1%
2024 · €3.3m
Net result
-€12,456
2024 · €273
Working capital
€335,093▼ 58.2%
2024 · €800,845
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€6,432--€1,349
Net result€273--€12,456
Equity€3,273--€9,183
Total assets€3.3m-€3.1m▼ 5.1%
Debt€3.3m-€3.2m▼ 4.8%
Working capital€800,845-€335,093▼ 58.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2024: €6,432€6,432Net result 2024: €273€273Operating result 2025: -€1,349-€1,349Net result 2025: -€12,456-€12,45620242025-€15,000-€10,000-€5,000€0€5,000Operating result 2024: €6,432€6,430Net result 2024: €273€273Operating result 2025: -€1,349-€1,350Net result 2025: -€12,456-€12,50020242025
The operating result turns negative in 2025: a loss of €1,349 after €6,432 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets €498,197 ▼ 2.0%
Current assets €2.6m ▼ 5.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,231▼
2024 · €10,918
Cash flow
-€1,876▼
2024 · €4,759
Solvency
-0.3%▼
2024 · 0.1%
Current ratio
1.14▼
2024 · 1.40
Quick ratio
0.06▲
2024 · 0.01
ROA
-0.4%▼
2024 · 0.0%
Interest coverage
0.56▼
2024 · 1.77
Debt ≤ 1 year
€2.3m▲
2024 · €2.0m
Debt > 1 year
€782,485▼
2024 · €1.3m
A ratio outside any meaningful range has been withheld (balance sheet total €3.1m, equity -€9,183).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,253 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
0.9% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,253 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.3m€3.1m▼
Formation expenses20€1,411€1,129▼
Fixed assets21/28€508,495€498,197▼
Tangible fixed assets22/27€508,495€498,197▼
Land and buildings22€508,495€498,197▼
Current assets29/58€2.8m€2.6m▼
Stocks and contracts in progress3€2.8m€2.5m▼
Stocks30/36€2.8m€2.5m▼
Amounts receivable within one year40/41€14,928€112,518▲
Trade receivables40-€111,029
Other amounts receivable41€14,928€1,489▼
Cash at bank and in hand54/58€8,663€27,086▲
Deferred charges and accrued income490/1€3,500-
Equity and liabilities
Total equity and liabilities10/49€3.3m€3.1m▼
Equity10/15€3,273-€9,183▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€273-€12,183▼
Amounts payable17/49€3.3m€3.2m▼
Amounts payable after more than one year17€1.3m€782,485▼
Financial debts170/4€1.3m€782,485▼
Amounts payable within one year42/48€2.0m€2.3m▲
Current portion of amounts payable after more than one year42€15,861€16,506▲
Financial debts43€2.0m€2.1m▲
Credit institutions430/8€2.0m€1.6m▼
Other loans439-€535,000
Trade debts44€8,993€65,139▲
Suppliers440/4€8,993€65,139▲
Taxes, remuneration and social security45-€130,439
Taxes450/3-€130,439
Accrued charges and deferred income492/3€23,487€61,117▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,486€10,580▲
Other operating charges640/8€665€2,086▲
Gross operating margin9900€11,583€11,317▼
Operating profit (loss)9901€6,432-€1,349▼
Financial income75/76B-€5,400
Recurring financial income75-€5,400
Financial charges65/66B€6,159€16,507▲
Recurring financial charges65€6,159€16,507▲
Profit (loss) for the period before taxes9903€273-€12,456▼
Profit (loss) for the period9904€273-€12,456▼
Profit (loss) for the period to be appropriated9905€273-€12,456▼
Appropriation of the result
Profit (loss) to be appropriated9906€273-€12,183▼
Profit (loss) brought forward from the previous period14P-€273

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,486€10,580▲ 136%
Other operating charges640/8€665€2,086▲ 214%
Gross operating margin9900€11,583€11,317▼ 2.3%
Operating profit (loss)9901€6,432-€1,349▼ 121%
Financial income75/76B-€5,400-
Recurring financial income75-€5,400-
Financial charges65/66B€6,159€16,507▲ 168%
Recurring financial charges65€6,159€16,507▲ 168%
Profit (loss) for the period before taxes9903€273-€12,456▼ 4,663%
Profit (loss) for the period9904€273-€12,456▼ 4,663%
Profit (loss) for the period to be appropriated9905€273-€12,456▼ 4,663%
Line20242025Change
Assets
Total assets20/58€3.3m€3.1m▼ 5.1%
Formation expenses20€1,411€1,129▼ 20.0%
Fixed assets21/28€508,495€498,197▼ 2.0%
Tangible fixed assets22/27€508,495€498,197▼ 2.0%
Land and buildings22€508,495€498,197▼ 2.0%
Current assets29/58€2.8m€2.6m▼ 5.7%
Stocks and contracts in progress3€2.8m€2.5m▼ 9.8%
Stocks30/36€2.8m€2.5m▼ 9.8%
Amounts receivable within one year40/41€14,928€112,518▲ 654%
Trade receivables40-€111,029-
Other amounts receivable41€14,928€1,489▼ 90.0%
Cash at bank and in hand54/58€8,663€27,086▲ 213%
Deferred charges and accrued income490/1€3,500--
Equity and liabilities
Total equity and liabilities10/49€3.3m€3.1m▼ 5.1%
Equity10/15€3,273-€9,183▼ 381%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€273-€12,183▼ 4,563%
Amounts payable17/49€3.3m€3.2m▼ 4.8%
Amounts payable after more than one year17€1.3m€782,485▼ 39.1%
Financial debts170/4€1.3m€782,485▼ 39.1%
Amounts payable within one year42/48€2.0m€2.3m▲ 15.3%
Current portion of amounts payable after more than one year42€15,861€16,506▲ 4.1%
Financial debts43€2.0m€2.1m▲ 6.0%
Credit institutions430/8€2.0m€1.6m▼ 21.0%
Other loans439-€535,000-
Trade debts44€8,993€65,139▲ 624%
Suppliers440/4€8,993€65,139▲ 624%
Taxes, remuneration and social security45-€130,439-
Taxes450/3-€130,439-
Accrued charges and deferred income492/3€23,487€61,117▲ 160%
Line20242025Change
Profit (loss) for the period9904€273-€12,456▼ 4,663%
+ Depreciation and write-downs630€4,486€10,580▲ 136%
Operating cash flow (approximation)€4,759-€1,876▼ 139%
Investment in fixed assets (approximation)--€282-
Change in cash-€18,423-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Temse
exact location from the address register On OpenStreetMap
Ground area
7,219 m²
Building footprint
1,412 m²
Volume, LiDAR
16,298 m³
Parcel 46025B0179/09E000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
308 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B0179/09E000 Flanders 7,219 m² 1 · 1,412 m² 16.4 m · 4 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.

Similar companies · same sector, comparable size

Of 1,294 companies in sector 68122 we hold annual accounts for 903. 158 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
Founded11-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003227151
Registered 16-01-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.