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Btr Retail

Active
Private limited companyfounded 20242 yrs activeRoute des Gohineaux 2, 6880 Bertrix, BelgiumKBO/BCE: BE 1007.150.703
Summary

The computed 12-month bankruptcy probability of Btr Retail is 1.9% (moderate). The 2025 annual accounts show equity of €272,289 and a net result of €501,472. Its solvency ranks better than 20% of 4238 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability90
Solvency34
Growth-
Track record67
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.63; short-term debt: 38.4% and cash: 33.7% of total assets), but 90.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9.1%
Return on assets
16.8%
Age of the figures
16 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4238 sector peers (2025).
NBB · sector comparison
Position among 4238 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 05-12-2025, 26 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
26 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 March 2024, Btr Retail was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€501,472
Working capital
€725,873
Balance-sheet composition
Assets €3.0m
Fixed assets €1.1m
Current assets €1.9m
Equity and liabilities €3.0m
Equity €272,289
Debt €2.7m
Debt finances 90.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€894,369
Cash flow
€665,135
Current ratio
1.63
Quick ratio
1.01
Debt to equity
9.96
ROE
184.2%
ROA
16.8%
Interest coverage
19.32
Debt ≤ 1 year
€1.1m
Debt > 1 year
€1.6m
Income taxes
€183,177
Staff costs
€1.5m

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
1.4% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 55 lines
Balance sheet Code2025
Assets
Total assets20/58€3.0m
Fixed assets21/28€1.1m
Intangible fixed assets21€20,000
Tangible fixed assets22/27€1.1m
Plant, machinery and equipment23€838,758
Furniture and vehicles24€252,231
Financial fixed assets28€1,285
Current assets29/58€1.9m
Stocks and contracts in progress3€718,257
Stocks30/36€718,257
Amounts receivable within one year40/41€121,867
Trade receivables40€90,577
Other amounts receivable41€31,290
Cash at bank and in hand54/58€1.0m
Deferred charges and accrued income490/1€26,475
Equity and liabilities
Total equity and liabilities10/49€3.0m
Equity10/15€272,289
Contributions10/11€3,388
Reserves13€39
Non-distributable reserves130/1€39
Reserves not available under the articles1311€39
Profit (loss) carried forward14€268,863
Amounts payable17/49€2.7m
Amounts payable after more than one year17€1.6m
Financial debts170/4€365,355
Trade debts175€1.2m
Amounts payable within one year42/48€1.1m
Current portion of amounts payable after more than one year42€331,753
Financial debts43€80,593
Credit institutions430/8€80,593
Trade debts44€163,755
Suppliers440/4€163,755
Taxes, remuneration and social security45€268,607
Taxes450/3€69,715
Remuneration and social security454/9€198,892
Other amounts payable47/48€302,706
Accrued charges and deferred income492/3€503
Income statement Code2025
Remuneration, social security and pensions62€1.5m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163,664
Other operating charges640/8€11,364
Gross operating margin9900€2.4m
Operating profit (loss)9901€730,705
Financial income75/76B€227
Recurring financial income75€227
Financial charges65/66B€46,283
Recurring financial charges65€46,283
Profit (loss) for the period before taxes9903€684,649
Income taxes67/77€183,177
Profit (loss) for the period9904€501,472
Profit (loss) for the period to be appropriated9905€501,472
Appropriation of the result
Profit (loss) to be appropriated9906€508,863
Profit (loss) brought forward from the previous period14P€7,391
Profit to be distributed694/7€240,000
Return on contributions (dividend)694€240,000
Social balance
Average headcount (FTE)908728.7

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1.5m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163,664
Other operating charges640/8€11,364
Gross operating margin9900€2.4m
Operating profit (loss)9901€730,705
Financial income75/76B€227
Recurring financial income75€227
Financial charges65/66B€46,283
Recurring financial charges65€46,283
Profit (loss) for the period before taxes9903€684,649
Income taxes67/77€183,177
Profit (loss) for the period9904€501,472
Profit (loss) for the period to be appropriated9905€501,472
Line2025
Assets
Total assets20/58€3.0m
Fixed assets21/28€1.1m
Intangible fixed assets21€20,000
Tangible fixed assets22/27€1.1m
Plant, machinery and equipment23€838,758
Furniture and vehicles24€252,231
Financial fixed assets28€1,285
Current assets29/58€1.9m
Stocks and contracts in progress3€718,257
Stocks30/36€718,257
Amounts receivable within one year40/41€121,867
Trade receivables40€90,577
Other amounts receivable41€31,290
Cash at bank and in hand54/58€1.0m
Deferred charges and accrued income490/1€26,475
Equity and liabilities
Total equity and liabilities10/49€3.0m
Equity10/15€272,289
Contributions10/11€3,388
Reserves13€39
Non-distributable reserves130/1€39
Reserves not available under the articles1311€39
Profit (loss) carried forward14€268,863
Amounts payable17/49€2.7m
Amounts payable after more than one year17€1.6m
Financial debts170/4€365,355
Trade debts175€1.2m
Amounts payable within one year42/48€1.1m
Current portion of amounts payable after more than one year42€331,753
Financial debts43€80,593
Credit institutions430/8€80,593
Trade debts44€163,755
Suppliers440/4€163,755
Taxes, remuneration and social security45€268,607
Taxes450/3€69,715
Remuneration and social security454/9€198,892
Other amounts payable47/48€302,706
Accrued charges and deferred income492/3€503
Line2025
Profit (loss) for the period9904€501,472
+ Depreciation and write-downs630€163,664
Operating cash flow (approximation)€665,135

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
05-12
NBB filing Annual accounts filed
fiscal year 2025 · full schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Bertrix · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
2,105 m²
Volume, LiDAR
13,045 m³
Parcel 84009B0145/00K000, Wallonia · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Delhaize Bertrix
Route des Gohineaux 2, 6880 BertrixSupermarkets
since 20242.357.306.767
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84009B0145/00K000 Wallonia 1.6 ha 1 · 2,105 m² 10.9 m · 2 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site · 1 with a smiley
Bertrix2.357.306.767
1 permission · smiley 2028FR00051 valid until 04-02-2028
Toelating · Detailhandel · since 01-08-2024

Similar companies · same sector, comparable size

Of 10,504 companies in this sector we hold annual accounts for 5,855. 3,903 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded14-03-2024
Fiscal year end31-05
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Contact
E-mail delhaize@delhaizebertrix.be
Phone +3261412736
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007150703
Also 9925:BE1007150703
Registered 17-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.