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BSH

Active
Private limited companyfounded 2004active for 22 yearsBergstraat 23, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0867.274.822
Summary

BSH has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,541) and a net result of €31,475. Equity is growing by about 6% per year across the filed financial years. Its solvency ranks better than 10% of 21,956 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Retail sale of motorcycles and motorcycle parts and accessories
NACE 47830
2 sites
Size
€82,638total assets 2025
Equity
-€56,541
Profit
€31,475
Turnover not published (micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts 57 days early0 of 6 deeds read
Why 56raises riskCapped at 59: negative equityNegative equity -€56,541lowers riskSize: total assets €82,638Liquidity: current ratio 0.75, cash €38,809Founded in 2004Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 59% of its sector peers (NACE 47, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -68.4% of total assets
Liquidity 50+6
short-term debt 104.2% · cash 47.0%
Profitability 100=
return on assets 38.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,187 companies, NACE 47, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -0.2 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.75, compared with 0.49 in 2024; short-term debt: 104.2% and cash: 47% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 52% on liquidity, 96% on profitability and 82% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€56,541
NBB · annual accounts
lowers risk · Size: total assets €82,638
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.75, cash €38,809
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 21956 sector peers (2025).
NBB · sector comparison
Position among 21956 sector peers
Solvency
better than 10%
← weakest strongest →
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
27 days late
2023
2 days early
2022
16 days late
2021
25 days late
2020
31 days late
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €31,475 ▲43.2%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€56,541 View
  • Caution: Among the weakest 8% on equitysector median €41,641 · 21,996 companies -€56,541 View
  • Total assets 20256 financial years filed €82,638 View

By topic

Financials

Financial year
2025
Total assets
€82,638
Profit
€31,475
Solvency
-68.4%
Total assets▲ 4.8%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2006
Next accounts
by 31-07-2027
  1. 29-07-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 16-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of motorcycles and motorcycle parts and…NACE 47830
Founded
16-09-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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