BURCHTDAM
ActiveSummary
BURCHTDAM has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193,147 and a net result of €52,685. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+86
Solvency58▲+7
Growth72▲+27
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 10.95 against 4.14 in 2024; short-term debt: 2.3% and cash: 17.7% of total assets), but 66.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025Solvency, return and age of the figures
Solvency
33.3%
Return on assets
9.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €193,147
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
62 d early
2023
55 d early
2022
53 d early
2021
59 d early
2020
53 d early
2019
56 d 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 55 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?BEAULIEU INTERNATIONAL GROUP · 19 companies How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€153,367▲ 113%
2024 · €71,867
EBIT margin
32.4%▲ 142.8pp
2024 · -110.4%
Net result
€52,685
2024 · -€77,607
Working capital
€131,342▲ 52.5%
2024 · €86,107
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€137,154▲ 12.5%€141,479▲ 3.2%€126,104▼ 10.9%€71,867▼ 43.0%€153,367▲ 113%
Operating result€8,351€7,925▼ 5.1%-€106,190-€79,336▲ 25.3%€49,699
Net result€7,811within the sector's middle half€7,933within the sector's middle half▲ 1.6%-€101,599below the sector's middle half-€77,607below the sector's middle half▲ 23.6%€52,685within the sector's middle half
EBIT margin6.1%▲ 22.9pp5.6%▼ 0.5pp-84.2%▼ 89.8pp-110.4%▼ 26.2pp32.4%▲ 142.8pp
Equity€211,735within the sector's middle half▲ 3.8%€219,668within the sector's middle half▲ 3.7%€118,069within the sector's middle half▼ 46.3%€140,462within the sector's middle half▲ 19.0%€193,147within the sector's middle half▲ 37.5%
Total assets€649,212below the sector's middle half▲ 3.2%€655,219below the sector's middle half▲ 0.9%€548,747below the sector's middle half▼ 16.2%€549,830below the sector's middle half▲ 0.2%€579,541below the sector's middle half▲ 5.4%
Debt€65,077▲ 23.4%€63,151▼ 3.0%€58,278▼ 7.7%€36,969▼ 36.6%€13,994▼ 62.1%
Working capital€143,930within the sector's middle half▼ 15.2%€153,163within the sector's middle half▲ 6.4%€52,864within the sector's middle half▼ 65.5%€86,107within the sector's middle half▲ 62.9%€131,342within the sector's middle half▲ 52.5%
Solvency32.6%within the sector's middle half▲ 0.2pp33.5%within the sector's middle half▲ 0.9pp21.5%within the sector's middle half▼ 12.0pp25.5%within the sector's middle half▲ 4.0pp33.3%within the sector's middle half▲ 7.8pp
Current ratio3.21within the sector's middle half▼ 1.553.43above the sector's middle half▲ 0.211.91within the sector's middle half▼ 1.524.14above the sector's middle half▲ 2.2310.95above the sector's middle half▲ 6.81
Return on assets (ROA)1.2%within the sector's middle half▲ 4.6pp1.2%within the sector's middle half=-18.5%below the sector's middle half▼ 19.7pp-14.1%below the sector's middle half▲ 4.4pp9.1%above the sector's middle half▲ 23.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €49,699 after a loss of €79,336 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €579,541
Fixed assets
€435,005 ▼ 0.3%
Current assets
€144,536 ▲ 27.3%
Equity and liabilities €579,541
Equity
€193,147 ▲ 37.5%
Provisions
€372,400 =
Debt
€13,994 ▼ 62.1%
Debt's share of the balance-sheet total falls from 6.7% to 2.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,999▲
2024 · -€78,036
Cash flow
€53,985▲
2024 · -€76,307
Debt to equity
0.07▼
2024 · 0.26
ROE
27.3%▲
2024 · -55.3%
Interest coverage
85.33▲
2024 · -3069.87
Debt ≤ 1 year
€13,194▼
2024 · €27,419
Debt > 1 year
€800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 20,129 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €158,396 | €165,419 | €141,339 | €71,967 | €174,749 | ▲ 143% |
| Turnover70 | €137,154 | €141,479 | €126,104 | €71,867 | €153,367 | ▲ 113% |
| Other operating income74 | €21,242 | €23,939 | €15,234 | €100 | €21,382 | ▲ 21,282% |
| Operating charges60/66A | €150,045 | €157,494 | €247,529 | €151,303 | €125,050 | ▼ 17.4% |
| Services and other goods61 | €90,980 | €94,365 | €181,546 | €99,385 | €104,682 | ▲ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€709,238 | - | - |
| Other operating charges640/8 | €59,065 | €61,828 | €64,683 | €759,857 | €19,068 | ▼ 97.5% |
| Operating profit (loss)9901 | €8,351 | €7,925 | -€106,190 | -€79,336 | €49,699 | ▲ 163% |
| Financial income75/76B | - | €593 | €5,130 | €2,261 | €3,583 | ▲ 58.5% |
| Recurring financial income75 | - | €593 | €5,130 | €2,261 | €3,583 | ▲ 58.5% |
| Income from current assets751 | - | €593 | €4,984 | €1,608 | €1,926 | ▲ 19.8% |
| Other financial income752/9 | - | - | €146 | €653 | €1,658 | ▲ 154% |
| Financial charges65/66B | €540 | €585 | €539 | €532 | €598 | ▲ 12.4% |
| Recurring financial charges65 | €540 | €585 | €539 | €532 | €598 | ▲ 12.4% |
| Debt charges650 | - | - | - | €25 | - | - |
| Other financial charges652/9 | €540 | €585 | €539 | €506 | €598 | ▲ 18.1% |
| Profit (loss) for the period before taxes9903 | €7,811 | €7,933 | -€101,599 | -€77,607 | €52,685 | ▲ 168% |
| Profit (loss) for the period9904 | €7,811 | €7,933 | -€101,599 | -€77,607 | €52,685 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €7,811 | €7,933 | -€101,599 | -€77,607 | €52,685 | ▲ 168% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €649,212 | €655,219 | €548,747 | €549,830 | €579,541 | ▲ 5.4% |
| Fixed assets21/28 | €440,205 | €438,905 | €437,605 | €436,305 | €435,005 | ▼ 0.3% |
| Tangible fixed assets22/27 | €439,968 | €438,668 | €437,368 | €436,068 | €434,768 | ▼ 0.3% |
| Land and buildings22 | €439,968 | €438,668 | €437,368 | €436,068 | €434,768 | ▼ 0.3% |
| Financial fixed assets28 | €237 | €237 | €237 | €237 | €237 | = |
| Other financial fixed assets284/8 | €237 | €237 | €237 | €237 | €237 | = |
| Amounts receivable and cash guarantees285/8 | €237 | €237 | €237 | €237 | €237 | = |
| Current assets29/58 | €209,007 | €216,314 | €111,142 | €113,526 | €144,536 | ▲ 27.3% |
| Amounts receivable within one year40/41 | €16,372 | €29,115 | €35,860 | €3,503 | €38,914 | ▲ 1,011% |
| Trade receivables40 | €16,372 | €29,115 | €35,860 | €3,503 | €38,914 | ▲ 1,011% |
| Cash at bank and in hand54/58 | €192,635 | €187,199 | €75,282 | €110,023 | €102,622 | ▼ 6.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €3,000 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €649,212 | €655,219 | €548,747 | €549,830 | €579,541 | ▲ 5.4% |
| Equity10/15 | €211,735 | €219,668 | €118,069 | €140,462 | €193,147 | ▲ 37.5% |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Capital10 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Issued capital100 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Non-distributable reserves130/1 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Legal reserve130 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€8,265 | -€332 | -€101,931 | -€79,538 | -€26,853 | ▲ 66.2% |
| Provisions and deferred taxes16 | €372,400 | €372,400 | €372,400 | €372,400 | €372,400 | = |
| Provisions for liabilities and charges160/5 | €372,400 | €372,400 | €372,400 | €372,400 | €372,400 | = |
| Environmental obligations163 | €372,400 | €372,400 | €372,400 | €372,400 | €372,400 | = |
| Amounts payable17/49 | €65,077 | €63,151 | €58,278 | €36,969 | €13,994 | ▼ 62.1% |
| Amounts payable after more than one year17 | - | - | - | - | €800 | - |
| Other amounts payable178/9 | - | - | - | - | €800 | - |
| Amounts payable within one year42/48 | €65,077 | €63,151 | €58,278 | €27,419 | €13,194 | ▼ 51.9% |
| Trade debts44 | €19,744 | €18,858 | €57,567 | €26,489 | €8,891 | ▼ 66.4% |
| Suppliers440/4 | €19,744 | €18,858 | €57,567 | €26,489 | €8,891 | ▼ 66.4% |
| Taxes, remuneration and social security45 | €45,333 | €44,293 | €711 | €930 | €4,302 | ▲ 363% |
| Taxes450/3 | €45,333 | €44,293 | €711 | €930 | €4,302 | ▲ 363% |
| Accrued charges and deferred income492/3 | - | - | - | €9,550 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,811 | €7,933 | -€101,599 | -€77,607 | €52,685 | ▲ 168% |
| + Depreciation and write-downs630 | - | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Operating cash flow (approximation) | €7,811 | €9,233 | -€100,299 | -€76,307 | €53,985 | ▲ 171% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,435 | -€111,917 | €34,741 | -€7,401 | ▼ 121% |
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
Next filing, fiscal year 2026, expected by
2026
07-08
State Gazette act
Resignation: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representative: Tim VERMEIREN4 facts ▸
State Gazette act
Resignation: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representative: Tim VERMEIREN4 facts ▸
- General meeting, 26-05-2026
- Auditor resignation, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
- Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
- Permanent representative, Tim VERMEIREN (permanent representative)
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €52,685
Net result €52,685 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 10.95
Current ratio from 4.14 to 10.95; short-term debt falls from €27,419 to €13,194.
31-12
Financial
Equity above €150,000Eq €193,147 ▲37.5%
Equity rises from €140,462 to €193,147.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity doublescurrent ratio 4.14
Current ratio from 1.91 to 4.14; short-term debt falls from €58,278 to €27,419.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€101,599
Net result drops to -€101,599, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €7,811
Net result €7,811 after 3 loss-making years.
Show earlier events
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 24 acts read
About the unread acts
Of the 24 Belgian State Gazette acts we know for this company, 1 has been read. The other 23 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
Statutory auditor 1
KPMG Bedrijfsrevisoren BV/SRL
CurrentStatutory auditor · since 26-05-2026 · perm. rep.: Tim VERMEIREN
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1978
Ground area
3,295 m²
Building footprint
5,638 m²
Volume, LiDAR
34,837 m³
Parcel 34452B0655/00K003, Flanders · tallest building 26.5 m, ±2 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
BURCHTDAM
since 19782.015.296.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0655/00K003 | Flanders | 3,295 m² | 1 · 5,637 m² | 26.5 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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| KPMG Bedrijfsrevisoren BV/SRL |
|
Structure & network
Part of the group
BEAULIEU INTERNATIONAL GROUP
19 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- BEAULIEU INTERNATIONAL GROUP
- BURCHTDAM
Highest known parent: BEAULIEU INTERNATIONAL GROUP. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Living Development Group
BE 0449.463.653
Zwevegem · Eq €193,117
Castoro & C°
BE 0630.814.358
Kontich · Eq €193,263
ANDABEL IMMO
BE 0503.819.483
Sankt Vith · Eq €193,364
ASSURYS
BE 0885.723.529
Brugge · Eq €193,485
DMNL Immo
BE 0839.820.159
Awans · Eq €192,788
Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 4,766 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-05-1978
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418377232
Registered
22-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.