Active BE 0552.856.052Private limited company

BSC

Kasteeldreef 59 ·9160 Lokeren, Belgium· 12 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

BSC has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-159k) and a net result of €38k. Its solvency ranks better than 5% of 12490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-159k
Net result	€38k
Better than sector	5%
Active	12 yrs

Financial profile 5 of 5 axes measured · computed by Checked

58 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 46

Profitability 0

Solvency 67

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2014, 12 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

46 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

No credit

negative equity or figures too weak

Score history

33 2023

46 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.16 (≥ 1.5) +10

Quick ratio Quick ratio 2.16 (≥ 1.0) +5

Equity Negative equity -25

Profitability Negatieve ROE -24% -10

Interest coverage Interest coverage 4.0× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 02-07-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-377.8%	60.5%	better than 5% of 12490 sector peers
Net result	€38k	€31k	better than 56% of 12492 sector peers
Equity	€-159k	€63k	better than 5% of 12498 sector peers
Gross operating margin	€61k	€52k	better than 56% of 12477 sector peers
Total assets	€42k	€124k	better than 16% of 12491 sector peers

EBITDA

€60k

+119.5% 23-24

Net profit

€38k

+223.2% 23-24

Cash flow

€45k

+197.3% 23-24

Total assets

€42k

+9.6% 23-24

Equity

€-159k

+19.1% 23-24

Working capital

€9k

+215.3% 23-24

Income taxes

€272

+104.8% 23-24

Debt

€202k

-14.4% 23-24

Debt ≤ 1y

€8k

+39.9% 23-24

Debt > 1y

€194k

-15.7% 23-24

Current ratio

2.16

+42.6% 23-24

Quick ratio

2.16

+42.6% 23-24

Solvency

-377.8%

+26.1% 23-24

Debt / equity

-1.26

-5.8% 23-24

ROE

-23.5%

-299.3% 23-24

ROA

88.9%

+194.9% 23-24

Interest coverage

4.03

+78.7% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	€60k	€27k
Net profit	€38k	€12k
Cash flow	€45k	€15k
Staff costs	-	-
Income taxes	€272	€133
Dividends	-	-
Total assets	€42k	€38k
Equity	€-159k	€-197k
Debt	€202k	€235k
of which ≤ 1y	€8k	€5k
of which > 1y	€194k	€230k
Working capital	€9k	€3k
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	2.16	1.51
Quick ratio	2.16	1.51
Working capital ratio	20.9%	7.3%
Solvency	-377.8%	-511.5%
Debt / equity	-1.26	-1.20
Long-term debt ratio	-1.22	-1.17
Interest coverage	4.03	2.26
Gross margin	-	-
Net margin	-	-
ROA	88.9%	30.2%
ROE	-23.5%	-5.9%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €26k · 61.1% Current assets €16k · 38.9%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€42k	€38k
Fixed assets	21/28	€26k	€30k
Tangible fixed assets	22/27	€26k	€30k
Financial fixed assets	28	€160	€160
Current assets	29/58	€16k	€8k
Amounts receivable within one year	40/41	€6k	€43
Cash & bank	54/58	€9k	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€42k	€38k
Equity	10/15	€-159k	€-197k
Contributions / capital	10/11	€3k	€3k
Accumulated profits (losses)	14	€-162k	€-200k
Amounts payable	17/49	€202k	€235k
Amounts payable after one year	17	€194k	€230k
Amounts payable within one year	42/48	€8k	€5k
Trade debts payable within one year	44	€392	€103
Income statement
Gross operating margin	9900	€61k	€29k
Operating result	9901	€53k	€24k
Financial income	75	€0	-
Financial charges	65	€15k	€12k
Result before taxes	9903	€38k	€12k
Income taxes	67/77	€272	€133
Net result for the period	9904	€38k	€12k
Result to be appropriated	9905	€38k	€12k

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company(610)
Incorporation	19-05-2014
Status	Active
Postal code	9160

Establishment units 1 location

BSC

Kasteeldreef 59, 9160 LokerenConstruction of residential and non-residential buildings

since 20142.230.644.464

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46007B0085/00N000	Flanders	182 m²	1 · 181 m²	9.2 m · 1 fl.

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.

Updates 10 events

All 10Filings 10

2025

02-07