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BV

Active
Private limited company (pre-2019)founded 2009active for 17 yearsKapellenstraat 77A, 9280 Lebbeke, BelgiumKBO/BCE: BE 0809.768.965
Summary

BV is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €277,161 and a net result of €8,039. Equity is growing by about 23% per year across the filed financial years. The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€293,911total assets 2025
Equity
€277,161
Profit
€8,039
Turnover not published (abbreviated or micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probability: sector outside the model
Structure
Largest shareholder
MaCfin · 50%
Accounts 29 days early0 of 11 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
67 / 100
Healthy▲ +6 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Strong
Solvency 100=
equity 94.3% of total assets
Liquidity 55-6
short-term debt 0.4% · cash 4.1%
Profitability 44+8
return on assets 2.7%
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit of up to €18,000 on 30-day terms is acceptable
short-term debt: 0.4% and cash: 4.1% of total assets, and 5.7% of the assets are financed with debt and provisions.
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
31 days early
2023
34 days early
2022
29 days late
2021
17 days early
2020
31 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €8,039
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, abbreviated format

Turnover
€189,254
EBIT margin
0.4%
Net result
€8,039
2024 · -€1,957
Working capital
€292,717▲ 2.8%
2024 · €284,761
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €10,397 after a loss of €2,228 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€10,397 2025 Net result€8,039 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€189,254-
Operating result€829--€9,310€18,212-€7,790-€253,665▼ 3,156%€27,699-€2,228€10,397
Net result€332--€9,332€11,539-€8,807€174,412€19,511▼ 88.8%-€1,957€8,039
EBIT margin0.4%-
Equity€83,756-€74,424▼ 11.1%€85,963▲ 15.5%€77,156▼ 10.2%€251,568▲ 226%€271,078▲ 7.8%€269,122▼ 0.7%€277,161▲ 3.0%
Total assets€100,891-€122,385▲ 21.3%€136,467▲ 11.5%€105,295▼ 22.8%€348,665▲ 231%€298,353▼ 14.4%€286,394▼ 4.0%€293,911▲ 2.6%
Debt€17,135-€47,961▲ 180%€50,504▲ 5.3%€28,140▼ 44.3%€97,097▲ 245%€27,274▼ 71.9%€17,272▼ 36.7%€16,750▼ 3.0%
Working capital€83,709-€63,356▼ 24.3%€77,451▲ 22.2%€71,126▼ 8.2%€270,963▲ 281%€286,663▲ 5.8%€284,761▼ 0.7%€292,717▲ 2.8%
Staff (FTE)0.62▲ 233%2.2▲ 10.0%2.5▲ 13.6%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €293,911
Equity €277,161 ▲ 3.0%
Debt €16,750 ▼ 3.0%
Debt's share of the balance-sheet total falls from 6.0% to 5.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.06▼
2024 · 0.06
ROE
2.9%▲
2024 · -0.7%
ROA
2.7%▲
2024 · -0.7%
Debt ≤ 1 year
€1,193▼
2024 · €1,633
Income taxes
€2,028▲
2024 · €1
A ratio outside any meaningful range has been withheld (balance sheet total €293,911, equity €277,161).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€286,394€293,911▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€286,394€293,911▲
Amounts receivable after more than one year29-€270,000
Other amounts receivable291-€270,000
Amounts receivable within one year40/41€260,000€11,496▼
Other amounts receivable41€260,000€11,496▼
Cash at bank and in hand54/58€26,220€12,188▼
Deferred charges and accrued income490/1€174€227▲
Equity and liabilities
Total equity and liabilities10/49€286,394€293,911▲
Equity10/15€269,122€277,161▲
Contributions10/11€10,000€10,000=
Reserves13€2,000€2,000=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Profit (loss) carried forward14€257,122€265,161▲
Amounts payable17/49€17,272€16,750▼
Amounts payable within one year42/48€1,633€1,193▼
Trade debts44€609€112▼
Suppliers440/4€609€112▼
Other amounts payable47/48€1,023€1,081▲
Accrued charges and deferred income492/3€15,639€15,557▼
Income statement Code20242025
Remuneration, social security and pensions62-€397-
Other operating charges640/8€528€544▲
Gross operating margin9900-€2,097€10,941▲
Operating profit (loss)9901-€2,228€10,397▲
Financial income75/76B€891€3▼
Recurring financial income75€891€3▼
Financial charges65/66B€618€333▼
Recurring financial charges65€618€333▼
Profit (loss) for the period before taxes9903-€1,956€10,066▲
Income taxes67/77€1€2,028▲
Profit (loss) for the period9904-€1,957€8,039▲
Profit (loss) for the period to be appropriated9905-€1,957€8,039▲
Appropriation of the result
Profit (loss) to be appropriated9906€257,122€265,161▲
Profit (loss) brought forward from the previous period14P€259,078€257,122▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€189,254--------
Remuneration, social security and pensions62---€98,181€111,070€2,970-€397--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€247€7,700€7,460€7,460-----
Other operating charges640/8---€799€18,335€617€528€544▲ 3.0%
Non-recurring operating charges66A-----€20---
Gross operating margin9900€1,664€33,470€138,351€98,650-€124,260€31,306-€2,097€10,941-
Operating profit (loss)9901€829-€9,310€18,212-€7,790-€253,665€27,699-€2,228€10,397-
Financial income75/76B---€3€509,002€150€891€3▼ 99.7%
Recurring financial income75€354€357€0€3€3,922€150€891€3▼ 99.7%
Non-recurring financial income76B----€505,080----
Financial charges65/66B---€713€17,345€2,965€618€333▼ 46.1%
Recurring financial charges65€525€287€670€713€17,345€2,965€618€333▼ 46.1%
Profit (loss) for the period before taxes9903€658-€9,241€17,542-€8,501€237,992€24,884-€1,956€10,066-
Income taxes67/77€325€91€6,003€306€63,580€5,373€1€2,028▲ 281,515%
Profit (loss) for the period9904€332-€9,332€11,539-€8,807€174,412€19,511-€1,957€8,039-
Profit (loss) for the period to be appropriated9905€332-€9,332€11,539-€8,807€174,412€19,511-€1,957€8,039-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€100,891€122,385€136,467€105,295€348,665€298,353€286,394€293,911▲ 2.6%
Fixed assets21/28€240€29,839€22,379€14,920--€0--
Tangible fixed assets22/27€240€29,839€22,379€14,920--€0--
Furniture and vehicles24---€14,920--€0--
Current assets29/58€100,651€92,546€114,087€90,376€348,665€298,353€286,394€293,911▲ 2.6%
Amounts receivable after more than one year29-------€270,000-
Other amounts receivable291-------€270,000-
Amounts receivable within one year40/41€60,475€54,925€41,808€45,617€45,223€222,717€260,000€11,496▼ 95.6%
Trade receivables40---€45,617€10,223€7,717---
Other amounts receivable41----€35,000€215,000€260,000€11,496▼ 95.6%
Cash at bank and in hand54/58€19,595€34,676€67,194€41,207€294,129€75,631€26,220€12,188▼ 53.5%
Deferred charges and accrued income490/1---€3,551€9,313€4€174€227▲ 30.3%
Equity and liabilities
Total equity and liabilities10/49€100,891€122,385€136,467€105,295€348,665€298,353€286,394€293,911▲ 2.6%
Equity10/15€83,756€74,424€85,963€77,156€251,568€271,078€269,122€277,161▲ 3.0%
Contributions10/11€10,000€10,000-€10,000€10,000€10,000€10,000€10,000=
Reserves13€2,000€2,000€2,000€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1---€2,000€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311---€2,000€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€71,756€62,424€73,963€65,156€239,568€259,078€257,122€265,161▲ 3.1%
Amounts payable17/49€17,135€47,961€50,504€28,140€97,097€27,274€17,272€16,750▼ 3.0%
Amounts payable after more than one year17-€18,771€13,867€8,890€3,839----
Financial debts170/4---€8,890€3,839----
Amounts payable within one year42/48€16,942€29,190€36,637€19,250€77,701€11,690€1,633€1,193▼ 26.9%
Current portion of amounts payable after more than one year42---€4,977€5,052€3,839---
Trade debts44€16,619€20,408€14,600€4,138€5,459€960€609€112▼ 81.6%
Suppliers440/4---€4,138€5,459€960€609€112▼ 81.6%
Taxes, remuneration and social security45---€10,134€66,167€5,868---
Taxes450/3---€383€63,651€5,444---
Remuneration and social security454/9---€9,751€2,516€424---
Other amounts payable47/48----€1,023€1,023€1,023€1,081▲ 5.6%
Accrued charges and deferred income492/3----€15,557€15,585€15,639€15,557▼ 0.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€332-€9,332€11,539-€8,807€174,412€19,511-€1,957€8,039-
+ Depreciation and write-downs630€247€7,700€7,460€7,460-----
Operating cash flow (approximation)€580-€1,632€18,999-€1,347€174,412€19,511-€1,957€8,039-
Investment in fixed assets (approximation)--€37,299€0€0-----
Change in cash-€15,081€32,518-€25,987€252,921-€218,497-€49,412-€14,032▲ 71.6%

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

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 02-07-2026 2026-00242507
31-12-2024 micro format 30-06-2025 2025-00211630
31-12-2023 micro format 27-06-2024 2024-00183452
31-12-2022 micro format 29-08-2023 2023-00370371
31-12-2021 micro format 14-07-2022 2022-20185217
31-12-2020 micro format 31-08-2021 2021-65400518
31-12-2019 micro format 30-09-2020 2020-57400555
31-12-2018 abbreviated format 19-08-2019 2019-48000477
31-12-2017 abbreviated format 19-08-2019 2019-48000419
31-12-2016 abbreviated format 31-07-2017 2017-40800148

Show all 17 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 11 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 12 February 2009, BV was incorporated.1 Total assets went from €100,891 in 2018 to €293,911 in 2025 and headcount from 0.6 full-time equivalents in 2019 to 2.5 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2019, 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Back to profitnet €8,039
Net result €8,039 after one loss-making year.
30-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Liquidity more than 6 timescurrent ratio 175.42
Current ratio from 25.52 to 175.42; short-term debt falls from €11,690 to €1,633.
27-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Liquidity more than 5 timescurrent ratio 25.52
Current ratio from 4.49 to 25.52; short-term debt falls from €77,701 to €11,690.
29-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 29 days late
2022
31-12
Financial Back to profitnet €174,412
Net result €174,412 after one loss-making year.
31-12
Financial Equity above €200,000equity €251,568 ▲226%
Equity rises from €77,156 to €251,568.
14-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
31-12
Financial Back to profitnet €11,539
Net result €11,539 after one loss-making year.
Show earlier events
30-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 61 days late
2019
31-12
Financial Weakest financial yearnet -€9,332
Net result drops to -€9,332, the lowest in the series; recovery starts the following year.
19-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 19 days late
19-08
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 384 days late
2017
31-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
0 of 11 deeds read
About the unread acts

We know of 11 Belgian Official 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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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded12-02-2009
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0809768965
Also 9925:BE0809768965
Registered 02-04-2026

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

Register as of 18 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lebbeke · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
1,864 m²
Building footprint
410 m²
Building volume
2,151 m³
2 parcels, Flanders · tallest building 11.6 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
BV
Kapellenstraat 77, 9280 LebbekeInsurance, reinsurance and pension funding, except compulsory social security
since 2020unit no. 2.300.683.117
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
42005B0784/00K000 Flanders 1,074 m² 1 · 306 m² 11.6 m · 1
42005B0784/00B000 Flanders 789 m² 1 · 104 m² 9.3 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.