BPGM
The computed 12-month bankruptcy probability of BPGM is 1.3% (low). The 2024 annual accounts show negative equity (€-88k) and a net result of €-18k. Equity is shrinking by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 4931 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-88k |
| Net result | €-18k |
| Better than sector | 10% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -14.9% | 16.7% | |
| Net result | €-18k | €2k | |
| Equity | €-88k | €27k | |
| Gross operating margin | €24k | €27k | |
| Total assets | €593k | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €22k |
| Net profit | €-18k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €593k |
| Equity | €-88k |
| Debt | €681k |
| of which ≤ 1y | €345k |
| of which > 1y | €336k |
| Working capital | €-341k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.01 |
| Quick ratio | 0.01 |
| Working capital ratio | -57.6% |
| Solvency | -14.9% |
| Debt / equity | -7.71 |
| Long-term debt ratio | -3.80 |
| Interest coverage | 2.92 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.0% |
| ROE | 20.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €593k |
| Fixed assets | 21/28 | €565k |
| Formation expenses | 20 | €24k |
| Tangible fixed assets | 22/27 | €565k |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €929 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €593k |
| Equity | 10/15 | €-88k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-91k |
| Amounts payable | 17/49 | €681k |
| Amounts payable after one year | 17 | €336k |
| Amounts payable within one year | 42/48 | €345k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €-10k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-18k |
| Net result for the period | 9904 | €-18k |
| Result to be appropriated | 9905 | €-18k |
| NACE primary | Real estate activities(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 23-06-2021 |
| Status | Active |
| Postal code | 7181 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52052A0159/00H000 | Wallonia | 1,765 m² | 1 · 72 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-02-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-02-07",
"filing_date": "2024-02-05",
"act_kind_objet": "DEMISSIONS, NOMINATIONS"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-12-31",
"unanimous": null
},
"agm_change": null,
"detected_kind": "officer_designation",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0770.243.247",
"name_full": "BPGM",
"legal_form": "SRL"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bruno Pennant",
"org_rep_person_name": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 07/02/2024 - Annexes du Moniteur belge"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "administrateur",
"organ": "raad_van_bestuur",
"person_name": "Gilles Moerenhout"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BPGM |