BSI Group
The computed 12-month bankruptcy probability of BSI Group is 0.5% (low). The 2024 annual accounts show equity of €15.41M and a net result of €546k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 238 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €15.41M |
| Net result | €546k |
| Better than sector | 80% |
| Active | 4 yrs |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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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 | 68.0% | 34.0% | |
| Net result | €546k | €42k | |
| Equity | €15.41M | €325k | |
| Gross operating margin | €119k | €67k | |
| Total assets | €22.65M | €1.42M |
| Fiscal year | 2024 |
|---|---|
| Revenue | €946k |
| EBITDA | — |
| Net profit | €546k |
| Cash flow | — |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €22.65M |
| Equity | €15.41M |
| Debt | €7.24M |
| of which ≤ 1y | €443k |
| of which > 1y | €6.70M |
| Working capital | €1.19M |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 3.68 |
| Quick ratio | 3.68 |
| Working capital ratio | 5.2% |
| Solvency | 68.0% |
| Debt / equity | 0.47 |
| Long-term debt ratio | 0.44 |
| Interest coverage | — |
| Gross margin | 12.5% |
| Net margin | 57.8% |
| ROA | 2.4% |
| ROE | 3.5% |
| EBITDA margin | — |
| Days sales outstanding | 370d |
| Days payable outstanding | 107d |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €22.65M |
| Fixed assets | 21/28 | €21.02M |
| Financial fixed assets | 28 | €21.02M |
| Current assets | 29/58 | €1.63M |
| Amounts receivable within one year | 40/41 | €1.48M |
| Cash & bank | 54/58 | €49k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22.65M |
| Equity | 10/15 | €15.41M |
| Contributions / capital | 10/11 | €16.31M |
| Accumulated profits (losses) | 14 | €-904k |
| Amounts payable | 17/49 | €7.24M |
| Amounts payable after one year | 17 | €6.70M |
| Amounts payable within one year | 42/48 | €443k |
| Trade debts payable within one year | 44 | €243k |
| Income statement | ||
| Turnover | 70 | €946k |
| Gross operating margin | 9900 | €119k |
| Operating result | 9901 | €118k |
| Financial income | 75 | €708k |
| Financial charges | 65 | €280k |
| Result before taxes | 9903 | €546k |
| Net result for the period | 9904 | €546k |
| Result to be appropriated | 9905 | €546k |
-
THE ADVICE COMPANYLegal entityManaging director· perm. rep.: Bart DobbelaereState Gazette act 25138399 (30-10-2025)Current01-10-2025 → present
-
VC@WORKLegal entityDirector· perm. rep.: VAN CANNEYT Henri Elisabeth Fernand Marie Janvier GhislainState Gazette act 22320471 (29-03-2022)Current29-03-2022 → present
Former directors (2)
-
BERNARD VERCAEMSTLegal entityDirector· perm. rep.: Bernard VercaemstState Gazette act 22320471 (29-03-2022)Former29-03-2022 → 01-10-2025
2 events
- 01-10-2025 Resigned· Managing director
- 29-03-2022 Appointed· Director
-
VAN CANNEYT Henri Elisabeth Fernand Marie Janvier GhislainDirectorState Gazette act 22320471 (29-03-2022)Former— → 11-03-2022
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| CALLENS VANDELANOTTECurrent Statutory auditor · represented by Filip Remmery |
— | 31-08-2023 → present |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 04-02-2022 |
| Status | Active |
| Postal code | 8570 |
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. |
|---|---|---|---|---|
| 11809I2170/00R010 | Flanders | 8,232 m² | 1 · 496 m² | 59.6 m · 17 fl. |
| 34038A0177/00F000 | Flanders | 4,006 m² | 1 · 2,340 m² | 11.9 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-10-2025 3 directors appointed, 1 resigning, 1 reappointed
- Filip Remmery — Vaste vertegenwoordiger
- THE ADVICE COMPANY CommV — Persoon gelast met dagelijks bestuur
- Rani Ingang — Persoon gelast met dagelijks bestuur
- Bernard Vercaemst — Gedelegeerd bestuurder
- Callens Vandelanotte — Commissaris
Technical details
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}30-10-2025 1 director appointed, 1 resigning, 1 reappointed
- Bart Dobbelaere — Gedelegeerd bestuurder
- Bernard Vercaemst — Gedelegeerd bestuurder
- Filip Remmery — Commissaris
Technical details
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}30-01-2025 Change in the board of directors
Technical details
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}30-01-2025 Discharge granted to the board
Technical details
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}30-01-2025 Registered office moved from Antwerpen to Anzegem
- Jan Van Rijswijcklaan 162b : 2020 Antwerpen → 8570 Anzegem, Deerlijkstraat 57
Technical details
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}30-01-2025 Articles of association amended — translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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{
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{
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}30-01-2025 Registered office moved from Antwerpen to Anzegem
- Jan Van Rijswijcklaan 162, 2020 Antwerpen → Deerlijkstraat 57, 8570 Anzegem
Technical details
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}30-01-2025 Articles of association amended
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}08-09-2023 Articles of association amended
Technical details
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}24-01-2023 CVBA VANDELANOTTE BEDRIJFSREVISOREN appointed as statutory auditor
- CVBA VANDELANOTTE BEDRIJFSREVISOREN — Commissaris
Technical details
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}06-10-2022 Articles of association amended
Technical details
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}29-03-2022 Capital increase of €11,090,769.23
Technical details
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}29-03-2022 Capital increase of €11,090,769.23 to €11,090,769.23
- €0 → €11.090.769,23
- Inbreng in geld · Apport en numéraire
Technical details
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}29-03-2022 3 directors appointed, 1 resigning
- VAN CANNEYT Henri Elisabeth Fernand Marie Janvier Ghislain — Bestuurder
- VLAYEN Frank Jozef Paul — Bestuurder
- VERCAEMST Bernard Paul Marc — Bestuurder
- VAN CANNEYT Henri Elisabeth Fernand Marie Janvier Ghislain — Bestuurder
Technical details
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}29-03-2022 6 directors appointed
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- VAN CANNEYT Henri — Vaste vertegenwoordiger
- VLAYEN Frank Jozef Paul — Vaste vertegenwoordiger
- VERCAEMST Bernard Paul Marc — Vaste vertegenwoordiger
- VLAYEN Frank — Voorzitter
- VERCAEMST Bernard — Gedelegeerd bestuurder
Technical details
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}08-02-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2020 Antwerpen, Jan Van Rijswijcklaan 162b",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": null,
"name": "WPEF VIII Holdco 14"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandeel",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "WPEF VIII Holdco 14",
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 1,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1,
"subject_company": {
"kbo": "0781.604.620",
"name_full": "Newco 2022",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-02-03",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
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