BVB
ActiveSummary
BVB has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €467,083. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 84% of 20,706 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-01-2018 Normal situation
- Activity
- General medical practice NACE 86210
- Joint committee
- 330.04 Paritair Comité voor de gezondheidsinrichtingen en -diensten · annual accounts 2025
- Establishment unit
- 2.271.580.246 8530 Harelbeke, since 05-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Board and ownership
- Beerlandt Inge EstellaDirector · since 05-01-2018
- Van Belle Jan Yvonne AlbertDirector · since 05-01-2018
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €680,395
- ▲ 7.3%
- Turnover
- ≈ €1.1m
- estimated
- Profit
- €467,083
- ▲ 6.2%
- Equity
- €1.4m
- ▲ 27.4%
- Total assets
- €1.6m
- ▲ 20.4%
Score breakdownraises risk2 of the last 3 accounts latelowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 11.54, cash €325,862Figures for financial year 2025 (filed on 30-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro). It does better than 82% of them on solvency, 57% on liquidity, 80% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2025 |
|---|---|---|
| Average over the year, in full-time equivalents | 0.1 | 0 |
| Joined | 1 | 2 |
| Left | 1 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,137 | €56,437 | €154,504 | €47,073 | €103,592 |
| Depreciation and write-downs of the year | €168,621 | €174,788 | €38,713 | €55,812 | €64,016 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,418 | - | €27,792 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €1,979 | €799 | €1,358 | €390 | €1,138 | ▲ 192% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147,161 | €162,584 | €164,067 | €168,621 | €174,788 | €38,713 | €55,812 | €64,016 | ▲ 14.7% |
| Other operating charges640/8 | - | - | - | €5,274 | €5,114 | €1,294 | €560 | €392 | ▼ 30.1% |
| Gross operating margin9900 | €477,714 | €570,777 | €637,191 | €621,084 | €556,639 | €567,994 | €633,856 | €680,395 | ▲ 7.3% |
| Operating profit (loss)9901 | €243,074 | €308,562 | €457,985 | €445,210 | €375,938 | €526,628 | €577,094 | €614,849 | ▲ 6.5% |
| Financial income75/76B | - | - | - | €24 | €1,386 | €13,642 | €32,381 | €12,178 | ▼ 62.4% |
| Recurring financial income75 | €7 | €0 | €14 | €24 | €1,386 | €13,642 | €32,381 | €12,178 | ▼ 62.4% |
| Financial charges65/66B | - | - | - | €8,749 | €7,535 | €8,324 | €14,878 | €10,892 | ▼ 26.8% |
| Recurring financial charges65 | €9,490 | €1,688 | €7,069 | €8,749 | €7,535 | €8,324 | €14,878 | €10,892 | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €233,591 | €306,874 | €450,931 | €436,486 | €369,789 | €531,946 | €594,596 | €616,135 | ▲ 3.6% |
| Income taxes67/77 | €75,821 | €99,908 | €137,778 | €105,796 | €89,396 | €130,346 | €154,661 | €149,052 | ▼ 3.6% |
| Profit (loss) for the period9904 | €157,770 | €206,967 | €313,153 | €330,690 | €280,393 | €401,600 | €439,936 | €467,083 | ▲ 6.2% |
| Profit (loss) for the period to be appropriated9905 | €157,770 | €206,967 | €313,153 | €330,690 | €280,393 | €401,600 | €439,936 | €467,083 | ▲ 6.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €1.1m | €1.2m | €1.4m | €1.3m | €1.6m | €1.3m | €1.6m | ▲ 20.4% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.4m | €0.3m | €0.1m | €0.3m | €0.2m | €0.3m | ▲ 16.3% |
| Intangible fixed assets21 | €0.5m | €0.4m | €0.3m | €0.1m | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.08m | €0.1m | €0.2m | €0.1m | €0.1m | €0.3m | €0.2m | €0.3m | ▲ 16.3% |
| Land and buildings22 | - | - | - | €0.1m | €0.08m | €0.1m | €0.1m | €0.2m | ▲ 30.9% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.006m | €0.003m | €0.02m | €0.02m | ▲ 16.8% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.06m | €0.2m | €0.1m | €0.1m | ▲ 0.9% |
| Current assets29/58 | €0.3m | €0.6m | €0.7m | €1.1m | €1.2m | €1.4m | €1.1m | €1.3m | ▲ 21.3% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.04m | €0.02m | €0.04m | €0.04m | €0.008m | €0.2m | ▲ 22× |
| Trade receivables40 | - | - | - | €0.001m | €0.001m | €0.008m | €0.008m | €0.008m | = |
| Other amounts receivable41 | - | - | - | €0.02m | €0.04m | €0.04m | €0 | €0.2m | - |
| Current investments50/53 | - | - | - | - | - | €1.0m | €0.9m | €0.8m | ▼ 16.0% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.6m | €1.0m | €1.1m | €0.2m | €0.1m | €0.3m | ▲ 205% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | €0.04m | €0.05m | €0.04m | €0.03m | ▼ 16.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €1.1m | €1.2m | €1.4m | €1.3m | €1.6m | €1.3m | €1.6m | ▲ 20.4% |
| Equity10/15 | €0.2m | €0.4m | €0.7m | €0.7m | €1.0m | €1.4m | €1.1m | €1.4m | ▲ 27.4% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.5m | ▼ 23.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.5m | ▼ 23.0% |
| Profit (loss) carried forward14 | - | - | - | - | €0.3m | €0.7m | €0.4m | €0.9m | ▲ 106% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.5m | €0.7m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 19.7% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.09m | €0.08m | €0.07m | €0.06m | €0.04m | €0.03m | ▼ 31.6% |
| Financial debts170/4 | - | - | - | €0.08m | €0.07m | €0.06m | €0.04m | €0.03m | ▼ 31.6% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.4m | €0.6m | €0.3m | €0.2m | €0.1m | €0.1m | ▼ 22.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 5.4% |
| Financial debts43 | - | - | - | €0.01m | - | €0.04m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0.01m | - | €0.04m | €0 | - | - |
| Trade debts44 | - | €0.008m | €0.02m | €0.002m | €0.002m | €0.02m | €0.007m | €0.01m | ▲ 42.1% |
| Suppliers440/4 | - | - | - | €0.002m | €0.002m | €0.02m | €0.007m | €0.01m | ▲ 42.1% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €0.005m | €0.02m | €0.001m | ▼ 96.6% |
| Taxes450/3 | - | - | - | - | - | €0.005m | €0.02m | €0.001m | ▼ 96.6% |
| Other amounts payable47/48 | - | - | - | €0.6m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 14.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.008m | €0.01m | ▲ 90.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €157,770 | €206,967 | €313,153 | €330,690 | €280,393 | €401,600 | €439,936 | €467,083 | ▲ 6.2% |
| + Depreciation and write-downs630 | €147,161 | €162,584 | €164,067 | €168,621 | €174,788 | €38,713 | €55,812 | €64,016 | ▲ 14.7% |
| Operating cash flow (approximation) | €304,932 | €369,551 | €477,220 | €499,311 | €455,181 | €440,313 | €495,747 | €531,099 | ▲ 7.1% |
| Investment in fixed assets (approximation) | - | -€96,774 | -€44,361 | -€6,137 | -€50,437 | -€154,504 | -€42,690 | -€103,592 | ▼ 143% |
| Change in cash | - | €163,009 | €275,544 | €467,873 | €44,726 | -€839,876 | -€137,529 | €219,125 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,782 companies had the same profile as BVB has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of BVB itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for BVB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00355128 | |
| 31-12-2024 | micro format | 31-10-2025 | 2025-00562479 | |
| 31-12-2023 | abbreviated format | 08-10-2024 | 2024-00505537 | |
| 31-12-2022 | abbreviated format | 10-10-2023 | 2023-00484210 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20333115 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-58900568 | |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-49500532 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-58100277 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 07-06-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Beerlandt Inge Estella |
|
| Van Belle Jan Yvonne Albert |
|
Network & group
BVB shares no director with another company.
Companies at the same address
3 other companiesConnections & network
2 current directorsThe network starts from the directors of BVB. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
07-06
Gazette deed
2 directors appointed, 2 directors resigning, 2 reappointedChanges of role: Van Belle Jan Yvonne Albert (statutory director) and Beerlandt Inge Estella (statutory director) · Reappointments: Van Belle Jan Yvonne Albert (statutory director) and Beerlandt Inge Estella (statutory director) · Power of attorney16 points ▸
- Director appointment, Van Belle Jan Yvonne Albert (statutory director)
- Director appointment, Beerlandt Inge Estella (statutory director)
- Power of attorney
- Power of attorney, STEVEN VANDEN DAELEN (ondergetekende notaris)
- General meeting, 24-05-2023
- Amendment of the articles, mentioned 3 times in the deed
- Legal form clause, “besloten vennootschap” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, Stasegemsestraat 34,8530 Harelbeke” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Director resignation, Van Belle Jan Yvonne Albert (statutory manager)
- Director resignation, Beerlandt Inge Estella (statutory manager)
- The act holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
18 activities
- In binnen-en buitenland,voor eigen rekening of voor rekening van derden de uitoefening van de geneeskunde door de arts(en)-aandeelhouder(s) in de meest ruime zin,en specifiek dan als huisarts,rekening houdend met de Medische Plichtenleer.
- Alle inkomsten voortvloeiend uit de ingebrachte medische activiteit worden rechtstreeks geïnd voor en door de vennootschap,zoals alle uit de medische activiteit voortvloeiende uitgaven door de vennootschap worden vereffend.
- Alle inkomsten voortvloeiend uit de ingebrachte medische activiteit worden geïnd voor en door de vennootschap,zoals alle uit de medische activiteit voortvloeiende uitgaven door de vennootschap worden vereffend.
- De inrichting van algemene diensten en een medisch secretariaat in het bijzonder die nuttig of nodig zijn voor de uitoefening van voormelde activiteit
- De aankoop,de huur en/of leasing van alle medische apparatuur en begeleidende accommodatie inclusief gebouwen,kortom van een volledige materiële infrastructuur om deze ter beschikking te stellen van de arts(en)-aandeelhouder(s)
- Het scheppen van de mogelijkheden om de arts(en)-aandeelhouder(s) toe te laten zich verder te bekwamen in voormelde medische discipline,dit teneinde een kwalitatief hoogstaande praktijkuitoefening mogelijk te maken
- De verstrekking van informatie en/of onderricht inzake voormelde medische discipline en dit in de breedste betekenis van het woord,zonder dat dit de vorm van een aanvullende commerciële activiteit mag aannemen
- De organisatie van symposia,cursussen,studiereizen en lessencycli in verband met de voornoemde specialiteit
- Alle nodige en nuttige werkzaamheden en rechtshandelingen stellen voor de ontwikkeling en de beoefening van erkende en experimentele verbale en nonverbale therapieën
- Bij gelegenheid het organiseren van vormingen en nascholingen in medische zaken,het schrijven en uitgeven van medische artikels en werken,het optreden als stagemeester
- De vennootschap mag alle financiële activiteiten en alle roerende en onroerende handelingen verrichten die van die aard zijn de verwezenlijking van haar voorwerp te bevorderen
- De vennootschap kan zonder afbreuk te doen aan de medische plichtenleer onder het normale beheer als een redelijk en voorzichtig persoon een bestemming geven aan haar gereserveerde winsten van welke aard ook
- De vennootschap kan bijgevolg alle investeringen en beleggingen uitvoeren zoals onder meer de aankoop,de verhuring en de oprichting van gebouwen,inbegrepen deze gedaan als alternatieve beloningsvorm voor haar bestuurder(s),zonder evenwel het burgerlijk karakter van de vennootschap aan te tasten
- De vennootschap mag deze roerende en onroerende goederen beheren als een redelijk en voorzichtig persoon,zonder dat dit de vorm van een aanvullende commerciële activiteit aanneemt
- De belegging of investering van haar middelen mag gefinancierd worden door leningen
- De vennootschap mag deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven
- De vennootschap kan deelnemen in kostenassociaties of middelenvennootschappen van artsen
- De vennootschap kan tevens lid zijn van een vereniging zonder winstgevend doel van de artsen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34013A1286/00H002 | Flanders | 392 m² | 1 · 224 m² | 9.8 m · 2 |