BSP
ActiveSummary
BSP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61,210 and a net result of €395. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 39% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-37
Solvency68▲+2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.32 in 2023; short-term debt: 53.3% and cash: 10.5% of total assets), and 56.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.4%
Return on assets
0.3%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €61,210
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
33 d early
2022
31 d early
2021
13 d early
2020
39 d late
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€530,772
EBIT margin
2.0%
Net result
€395▼ 98.0%
2023 · €19,508
Working capital
€36,117▲ 29.2%
2023 · €27,963
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€1,947▼ 81.9%€3,449▲ 77.1%-€31,178€27,818€5,170▼ 81.4%
Net result-€1,204-€2,012▼ 67.1%-€35,237▼ 1,651%€19,508€395▼ 98.0%
EBIT margin
Equity€78,556▼ 1.5%€76,544▼ 2.6%€41,307▼ 46.0%€60,815▲ 47.2%€61,210▲ 0.6%
Total assets€263,120▲ 10.2%€185,150▼ 29.6%€139,501▼ 24.7%€147,715▲ 5.9%€141,012▼ 4.5%
Debt€184,564▲ 16.0%€108,606▼ 41.2%€98,194▼ 9.6%€86,900▼ 11.5%€79,802▼ 8.2%
Working capital€29,122▼ 48.2%€25,178▼ 13.5%€19,617▼ 22.1%€27,963▲ 42.5%€36,117▲ 29.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141,012
Fixed assets
€29,692 ▼ 9.6%
Current assets
€111,320 ▼ 3.1%
Equity and liabilities €141,012
Equity
€61,210 ▲ 0.6%
Debt
€79,802 ▼ 8.2%
Debt's share of the balance-sheet total falls from 58.8% to 56.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,740▼
2023 · €35,935
Cash flow
€8,966▼
2023 · €27,624
Current ratio
1.48▲
2023 · 1.32
Debt to equity
1.30▼
2023 · 1.43
ROE
0.6%▼
2023 · 32.1%
ROA
0.3%▼
2023 · 13.2%
Interest coverage
3.41▼
2023 · 6.20
Debt ≤ 1 year
€75,203▼
2023 · €86,900
Debt > 1 year
€4,599
Income taxes
€1,057▼
2023 · €2,613
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,850 | €16,359 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,486 | €7,946 | €6,586 | €8,116 | €8,570 | ▲ 5.6% |
| Other operating charges640/8 | - | €6,923 | €2,704 | €2,352 | €1,770 | ▼ 24.7% |
| Gross operating margin9900 | €14,490 | €18,318 | -€21,887 | €38,286 | €15,510 | ▼ 59.5% |
| Operating profit (loss)9901 | €1,947 | €3,449 | -€31,178 | €27,818 | €5,170 | ▼ 81.4% |
| Financial income75/76B | - | €0 | - | €97 | €314 | ▲ 224% |
| Recurring financial income75 | €25 | €0 | - | €97 | €314 | ▲ 224% |
| Financial charges65/66B | - | €2,624 | €3,732 | €5,795 | €4,031 | ▼ 30.4% |
| Recurring financial charges65 | €2,188 | €2,624 | €3,732 | €5,795 | €4,031 | ▼ 30.4% |
| Profit (loss) for the period before taxes9903 | -€216 | €825 | -€34,910 | €22,120 | €1,453 | ▼ 93.4% |
| Income taxes67/77 | €988 | €2,837 | €327 | €2,613 | €1,057 | ▼ 59.5% |
| Profit (loss) for the period9904 | -€1,204 | -€2,012 | -€35,237 | €19,508 | €395 | ▼ 98.0% |
| Profit (loss) for the period to be appropriated9905 | -€1,204 | -€2,012 | -€35,237 | €19,508 | €395 | ▼ 98.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €263,120 | €185,150 | €139,501 | €147,715 | €141,012 | ▼ 4.5% |
| Fixed assets21/28 | €83,449 | €71,829 | €29,602 | €32,852 | €29,692 | ▼ 9.6% |
| Intangible fixed assets21 | €10,279 | €8,198 | €6,117 | €4,037 | €1,956 | ▼ 51.5% |
| Tangible fixed assets22/27 | €73,170 | €63,631 | €23,485 | €28,815 | €27,737 | ▼ 3.7% |
| Land and buildings22 | - | €38,793 | €5,165 | €5,165 | €5,165 | = |
| Plant, machinery and equipment23 | - | €19,226 | €14,225 | €11,236 | €10,205 | ▼ 9.2% |
| Furniture and vehicles24 | - | €2,205 | €1,103 | €7,981 | €5,428 | ▼ 32.0% |
| Other tangible fixed assets26 | - | €3,407 | €2,993 | €4,433 | €6,939 | ▲ 56.5% |
| Current assets29/58 | €179,671 | €113,321 | €109,899 | €114,863 | €111,320 | ▼ 3.1% |
| Stocks and contracts in progress3 | €20,149 | €7,393 | - | - | - | - |
| Stocks30/36 | - | €7,393 | - | - | - | - |
| Amounts receivable within one year40/41 | €137,762 | €91,703 | €101,013 | €98,995 | €94,629 | ▼ 4.4% |
| Trade receivables40 | - | €60,752 | €27,549 | €27,322 | €18,734 | ▼ 31.4% |
| Other amounts receivable41 | - | €30,951 | €73,464 | €71,673 | €75,895 | ▲ 5.9% |
| Cash at bank and in hand54/58 | €8,632 | €3,849 | €1,582 | €15,868 | €14,740 | ▼ 7.1% |
| Deferred charges and accrued income490/1 | - | €10,376 | €7,304 | - | €1,950 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €263,120 | €185,150 | €139,501 | €147,715 | €141,012 | ▼ 4.5% |
| Equity10/15 | €78,556 | €76,544 | €41,307 | €60,815 | €61,210 | ▲ 0.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €67,900 | €67,900 | €67,900 | €22,707 | €22,707 | = |
| Tax-exempt reserves132 | - | €268 | €268 | €268 | €268 | = |
| Distributable reserves133 | - | €67,632 | €67,632 | €22,439 | €22,439 | = |
| Profit (loss) carried forward14 | -€7,944 | -€9,956 | -€45,192 | €19,508 | €19,903 | ▲ 2.0% |
| Amounts payable17/49 | €184,564 | €108,606 | €98,194 | €86,900 | €79,802 | ▼ 8.2% |
| Amounts payable after more than one year17 | €34,015 | €20,464 | €7,099 | - | €4,599 | - |
| Financial debts170/4 | - | €20,464 | €7,099 | - | €4,599 | - |
| Amounts payable within one year42/48 | €150,549 | €88,143 | €90,282 | €86,900 | €75,203 | ▼ 13.5% |
| Current portion of amounts payable after more than one year42 | - | €14,914 | €14,331 | €6,725 | €8,110 | ▲ 20.6% |
| Financial debts43 | - | €27,755 | €27,535 | €25,000 | €25,000 | = |
| Credit institutions430/8 | - | €2,791 | €2,571 | - | - | - |
| Other loans439 | - | €24,964 | €24,964 | €25,000 | €25,000 | = |
| Trade debts44 | €108,589 | €42,924 | €38,810 | €40,652 | €31,832 | ▼ 21.7% |
| Suppliers440/4 | - | €42,924 | €38,810 | €40,652 | €31,832 | ▼ 21.7% |
| Advances received on contracts in progress46 | - | - | €971 | €971 | €1,719 | ▲ 77.0% |
| Taxes, remuneration and social security45 | - | €2,550 | €8,635 | €13,551 | €8,543 | ▼ 37.0% |
| Taxes450/3 | - | €2,550 | €8,635 | €13,551 | €8,543 | ▼ 37.0% |
| Accrued charges and deferred income492/3 | - | - | €813 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,204 | -€2,012 | -€35,237 | €19,508 | €395 | ▼ 98.0% |
| + Depreciation and write-downs630 | €8,486 | €7,946 | €6,586 | €8,116 | €8,570 | ▲ 5.6% |
| Operating cash flow (approximation) | €7,282 | €5,934 | -€28,651 | €27,624 | €8,966 | ▼ 67.5% |
| Investment in fixed assets (approximation) | - | €3,673 | €35,641 | -€11,366 | -€5,411 | ▲ 52.4% |
| Change in cash | - | -€4,783 | -€2,266 | €14,286 | -€1,128 | ▼ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €19,508
Net result €19,508 after 3 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€35,237
Net result drops to -€35,237, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Hooglede · 1 establishment unit since 2011
Ground area
2,707 m²
Building footprint
176 m²
Volume, LiDAR
762 m³
Parcel 36006A1421/00C000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BSP
since 20112.195.597.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006A1421/00C000 | Flanders | 2,707 m² | 1 · 176 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 491 EUR awarded · 476 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 195 EUR | 476 EUR |
| 2023 | 1 | 296 EUR | 0 EUR |
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Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 5,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.