BPACT
ActiveSummary
BPACT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €155,561 and a net result of €43,762. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 1411 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+9
Solvency54▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.76 in 2023; short-term debt: 70.3% and cash: 2.4% of total assets), and 70.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
13 d late
2022
22 d late
2021
77 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€155,561▲ 39.1%
2023 · €111,798
Total assets
€529,456▲ 4.1%
2023 · €508,585
Net result
€43,762▲ 957%
2023 · €4,142
Working capital
-€104,927▼ 14.2%
2023 · -€91,884
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
Line20202021202220232024
Operating result-€1,902▲ 31.2%-€36,983▼ 1,844%€6,024€3,987▼ 33.8%€52,507▲ 1,217%
Net result-€1,926▲ 30.3%-€37,091▼ 1,826%€5,888€4,142▼ 29.7%€43,762▲ 957%
Equity€118,860▲ 3,359%€81,769▼ 31.2%€107,657▲ 31.7%€111,798▲ 3.8%€155,561▲ 39.1%
Total assets€226,980▲ 311%€169,485▼ 25.3%€374,018▲ 121%€508,585▲ 36.0%€529,456▲ 4.1%
Debt€108,120▲ 109%€87,715▼ 18.9%€266,361▲ 204%€396,786▲ 49.0%€373,896▼ 5.8%
Working capital€131,560▲ 2,934%€86,443▼ 34.3%-€51,893-€91,884▼ 77.1%-€104,927▼ 14.2%
Staff (FTE)1.8▲ 80.0%3.3▲ 83.3%3.4▲ 3.0%3.4=3.6▲ 5.9%
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 recovers in 2024; 2024 is 1,217% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €529,456
Fixed assets
€262,074 ▲ 24.7%
Current assets
€267,383 ▼ 10.4%
Equity and liabilities €529,456
Equity
€155,561 ▲ 39.1%
Debt
€373,896 ▼ 5.8%
Debt's share of the balance-sheet total falls from 78.0% to 70.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€119,356▲
2023 · €50,471
Cash flow
€110,611▲
2023 · €50,626
Current ratio
0.72▼
2023 · 0.76
Debt to equity
2.40▼
2023 · 3.55
ROE
28.1%▲
2023 · 3.7%
ROA
8.3%▲
2023 · 0.8%
Interest coverage
77.54▼
2023 · 485.02
Debt ≤ 1 year
€372,310▼
2023 · €390,310
Income taxes
€8,300
Staff costs
€245,104▲
2023 · €192,754
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €152,038 | €180,224 | €192,754 | €245,104 | ▲ 27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €532 | €19,085 | €46,484 | €66,849 | ▲ 43.8% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €775 | ▲ 102% |
| Gross operating margin9900 | €48,652 | €115,935 | €205,681 | €243,609 | €365,235 | ▲ 49.9% |
| Operating profit (loss)9901 | -€1,902 | -€36,983 | €6,024 | €3,987 | €52,507 | ▲ 1,217% |
| Financial income75/76B | - | €21 | €65 | €258 | €1,095 | ▲ 324% |
| Recurring financial income75 | €0 | €21 | €65 | €258 | €1,095 | ▲ 324% |
| Financial charges65/66B | - | €130 | €202 | €104 | €1,539 | ▲ 1,379% |
| Recurring financial charges65 | €24 | €130 | €202 | €104 | €1,539 | ▲ 1,379% |
| Profit (loss) for the period before taxes9903 | -€1,926 | -€37,091 | €5,888 | €4,142 | €52,062 | ▲ 1,157% |
| Income taxes67/77 | - | - | - | - | €8,300 | - |
| Profit (loss) for the period9904 | -€1,926 | -€37,091 | €5,888 | €4,142 | €43,762 | ▲ 957% |
| Profit (loss) for the period to be appropriated9905 | -€1,926 | -€37,091 | €5,888 | €4,142 | €43,762 | ▲ 957% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226,980 | €169,485 | €374,018 | €508,585 | €529,456 | ▲ 4.1% |
| Fixed assets21/28 | - | €1,737 | €165,939 | €210,159 | €262,074 | ▲ 24.7% |
| Intangible fixed assets21 | - | - | €164,958 | €209,935 | €261,574 | ▲ 24.6% |
| Tangible fixed assets22/27 | - | €1,737 | €981 | €225 | - | - |
| Furniture and vehicles24 | - | €1,737 | €981 | €225 | - | - |
| Financial fixed assets28 | - | - | - | - | €500 | - |
| Current assets29/58 | €226,980 | €167,748 | €208,079 | €298,425 | €267,383 | ▼ 10.4% |
| Amounts receivable within one year40/41 | €54,625 | €73,247 | €124,385 | €278,711 | €204,698 | ▼ 26.6% |
| Trade receivables40 | - | €72,303 | €123,440 | €278,115 | €204,101 | ▼ 26.6% |
| Other amounts receivable41 | - | €944 | €944 | €597 | €597 | = |
| Cash at bank and in hand54/58 | €172,355 | €94,501 | €83,694 | €19,714 | €12,805 | ▼ 35.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €49,880 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226,980 | €169,485 | €374,018 | €508,585 | €529,456 | ▲ 4.1% |
| Equity10/15 | €118,860 | €81,769 | €107,657 | €111,798 | €155,561 | ▲ 39.1% |
| Contributions10/11 | - | €123,550 | €143,550 | €143,550 | €143,550 | = |
| Reserves13 | - | - | - | - | €12,011 | - |
| Distributable reserves133 | - | - | - | - | €12,011 | - |
| Profit (loss) carried forward14 | -€4,690 | -€41,781 | -€35,893 | -€31,752 | - | - |
| Amounts payable17/49 | €108,120 | €87,715 | €266,361 | €396,786 | €373,896 | ▼ 5.8% |
| Amounts payable after more than one year17 | €5,000 | €5,000 | €5,000 | €5,000 | - | - |
| Financial debts170/4 | - | €5,000 | €5,000 | €5,000 | - | - |
| Amounts payable within one year42/48 | €95,420 | €81,304 | €259,972 | €390,310 | €372,310 | ▼ 4.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €5,000 | - |
| Trade debts44 | €81,246 | €58,412 | €202,089 | €333,496 | €308,747 | ▼ 7.4% |
| Suppliers440/4 | - | €58,412 | €202,089 | €333,496 | €308,747 | ▼ 7.4% |
| Taxes, remuneration and social security45 | - | €22,893 | €57,883 | €56,814 | €58,563 | ▲ 3.1% |
| Taxes450/3 | - | €5,897 | €22,056 | €31,963 | €20,869 | ▼ 34.7% |
| Remuneration and social security454/9 | - | €16,995 | €35,826 | €24,851 | €37,693 | ▲ 51.7% |
| Accrued charges and deferred income492/3 | - | €1,411 | €1,389 | €1,476 | €1,586 | ▲ 7.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,926 | -€37,091 | €5,888 | €4,142 | €43,762 | ▲ 957% |
| + Depreciation and write-downs630 | - | €532 | €19,085 | €46,484 | €66,849 | ▲ 43.8% |
| Operating cash flow (approximation) | -€1,926 | -€36,559 | €24,973 | €50,626 | €110,611 | ▲ 118% |
| Investment in fixed assets (approximation) | - | - | -€183,287 | -€90,704 | -€118,764 | ▼ 30.9% |
| Change in cash | - | -€77,855 | -€10,807 | -€63,980 | -€6,909 | ▲ 89.2% |
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
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 56 days late
2024
31-12
Financial
Highest result since 2019net €43,762 ▲957%
Operating result €52,507, net result €43,762, both a record.
31-12
Financial
Equity above €150,000Eq €155,561 ▲39.1%
3 profitable years in a row build equity to €155,561.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €5,888
Net result €5,888 after 3 loss-making years.
31-12
Financial
Equity above €100,000Eq €107,657 ▲31.7%
Equity rises from €81,769 to €107,657.
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial
Weakest financial yearnet -€37,091
Net result drops to -€37,091, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.38
Current ratio from 1.09 to 2.38.
31-12
Financial
Equity above €100,000Eq €118,860 ▲3,359%
Equity rises from €3,436 to €118,860.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Leuven · 1 establishment unit since 2019
Ground area
292 m²
Building footprint
123 m²
Volume, LiDAR
1,733 m³
Parcel 24502B0303/00B005, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
BPACT
since 20192.285.034.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0303/00B005 | Flanders | 292 m² | 1 · 123 m² | 17.4 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 12 entries · 371,901 EUR awarded · 293,240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 7 | 5,805 EUR | 123,105 EUR |
| 2024 | 4 | 357,096 EUR | 161,135 EUR |
| 2023 | 1 | 9,000 EUR | 9,000 EUR |
Similar companies · same sector, comparable size
TREVI
BE 0415.341.726
Zottegem · Eq €155,190
A-RESINS
BE 0521.953.535
Dentergem · Eq €155,162
BEVATEC
BE 0883.276.654
Waremme · Eq €155,996
ORBIKS
BE 0472.194.416
Tervuren · Eq €156,054
BATRECO
BE 0441.532.617
Etterbeek · Eq €155,050
Of 2,711 companies in sector 73200 we hold annual accounts for 1,781. 1,347 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
Founded25-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
Contact
E-mail
jo@indiville.be
Phone
0472530941
Scores and ratios are computed by Checked and are not a credit decision.