Summary
BSI Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. 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 65% of 6156 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€15.41M▲ 17.1%
2023 · €13.16M
2022: €10.21M
2023: €13.16M
2022 → 2024
Net result
€546k
2023 · €-568k
2022: €-882k
2023: €-568k
2022 → 2024
Total assets
€22.65M▲ 12.6%
2023 · €20.11M
2022: €16.22M
2023: €20.11M
2022 → 2024
Solvency
68.0%▲ 2.6pp
2023 · 65.4%
2022: 62.9%
2023: 65.4%
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€755k-€550k▼ 27.2%€946k▲ 72.0%
Equity€10.21M-€13.16M▲ 28.9%€15.41M▲ 17.1%
Operating result€-575k-€-244k▲ 57.6%€118k
Net result€-882k-€-568k▲ 35.6%€546k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €118k after a loss of €244k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.65M
Fixed assets
€21.02M ▲ 8.8%
Current assets
€1.63M ▲ 106%
Equity and liabilities €22.65M
Equity
€15.41M ▲ 17.1%
Debt
€7.24M ▲ 4.2%
Debt's share of the balance-sheet total falls from 34.6% to 32.0%. Equity and debt are higher.
Key figures and ratios
ROE
3.5%▲
2023 · -4.3%
ROA
2.4%▲
2023 · -2.8%
Debt ≤ 1 year
€443k▲
2023 · €199k
Debt > 1 year
€6.70M▲
2023 · €6.58M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€20.11M€22.65M▲
Fixed assets21/28€19.32M€21.02M▲
Financial fixed assets28€19.32M€21.02M▲
Current assets29/58€792k€1.63M▲
Amounts receivable within one year40/41€633k€1.48M▲
Trade receivables40€586k€958k▲
Other amounts receivable41€47k€523k▲
Cash at bank and in hand54/58€143k€49k▼
Deferred charges and accrued income490/1€15k€99k▲
Equity and liabilities
Total equity and liabilities10/49€20.11M€22.65M▲
Equity10/15€13.16M€15.41M▲
Contributions10/11€14.61M€16.31M▲
Profit (loss) carried forward14€-1.45M€-904k▲
Amounts payable17/49€6.95M€7.24M▲
Amounts payable after more than one year17€6.58M€6.70M▲
Financial debts170/4€4.68M€4.68M=
Other amounts payable178/9€1.90M€2.02M▲
Amounts payable within one year42/48€199k€443k▲
Trade debts44€199k€243k▲
Suppliers440/4€199k€243k▲
Other amounts payable47/48€0€200k▲
Accrued charges and deferred income492/3€166k€94k▼
Income statement
Code20232024
Turnover70€550k€946k▲
Goods, raw materials, services and sundry goods60/61€794k€827k▲
Other operating charges640/8€109€118▲
Gross operating margin9900€-244k€119k▲
Operating profit (loss)9901€-244k€118k▲
Financial income75/76B€66k€708k▲
Recurring financial income75€66k€708k▲
Financial charges65/66B€390k€280k▼
Recurring financial charges65€390k€280k▼
Profit (loss) for the period before taxes9903€-568k€546k▲
Profit (loss) for the period9904€-568k€546k▲
Profit (loss) for the period to be appropriated9905€-568k€546k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.45M€-904k▲
Profit (loss) brought forward from the previous period14P€-882k€-1.45M▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-03
State Gazette act
Board meeting · Permanent representative
Director resignation
30-03
State Gazette act
Board meeting · Permanent representative
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Back to profitnet €546k
Net result €546k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Liquidity times 9current ratio 3.98
Current ratio from 0.45 to 3.98; short-term debt falls from €1.28M to €199k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Anzegem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Deerlijkstraat 578570 AnzegemGround area
4,006 m²
Building footprint
2,340 m²
Volume, LiDAR
23,835 m³
Parcel 34038A0177/00F000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Newco 2022
since 20222.333.111.207
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038A0177/00F000 | Flanders | 4,006 m² | 1 · 2,340 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Legal Entity Identifier
9845006904EF3EAI9146
Similar companies · same sector, comparable size
WIZCO
BE 0876.842.287
Beveren-Kruibeke-Zwijndrecht · Eq €15.43M
BEHOLD
BE 0885.261.590
Zonhoven · Eq €15.44M
SOMANA
BE 0567.765.942
Brasschaat · Eq €15.45M
Adriaenssens & CO
BE 0466.336.507
Beveren-Kruibeke-Zwijndrecht · Eq €15.47M
SINFONIA INVESTMENTS
BE 0436.031.133
Gent · Eq €15.50M
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 4,858 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
63920Other information service activities
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.