BVD-GROEP
ActiveSummary
BVD-GROEP has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €545k and a net result of €115k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 68% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+3
Solvency80▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.36 in 2024; short-term debt: 40.3% and cash: 21.2% of total assets), and 45.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 2025Solvency, return and age of the figures
Solvency
54.7%
Return on assets
11.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
24 d early
2023
36 d early
2022
19 d early
2021
24 d early
2020
29 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€545k▲ 0.4%
2024 · €542k
2019: €698k
2020: €691k▼ -1.0% vs 2019
2021: €714k▲ +3.4% vs 2020highest in 7 years
2022: €619k▼ -13.4% vs 2021
2023: €688k▲ +11.2% vs 2022
2024: €542k▼ -21.2% vs 2023lowest in 7 years
2025: €545k▲ +0.4% vs 2024
2019 → 2025
Total assets
€996k▼ 15.7%
2024 · €1.18M
2019: €1.36Mhighest in 7 years
2020: €1.33M▼ -2.5% vs 2019
2021: €1.15M▼ -13.6% vs 2020
2022: €1.16M▲ +1.7% vs 2021
2023: €1.08M▼ -7.1% vs 2022
2024: €1.18M▲ +9.3% vs 2023
2025: €996k▼ -15.7% vs 2024lowest in 7 years
2019 → 2025
Net result
€115k▲ 8.9%
2024 · €106k
2019: €201khighest in 7 years
2020: €87k▼ -56.9% vs 2019
2021: €23k▼ -73.2% vs 2020lowest in 7 years
2022: €111k▲ +377% vs 2021
2023: €69k▼ -37.7% vs 2022
2024: €106k▲ +52.9% vs 2023
2025: €115k▲ +8.9% vs 2024
2019 → 2025
Working capital
€226k▲ 12.0%
2024 · €202k
2019: €261k
2020: €373k▲ +43.0% vs 2019
2021: €406k▲ +8.8% vs 2020
2022: €363k▼ -10.6% vs 2021
2023: €437k▲ +20.3% vs 2022highest in 7 years
2024: €202k▼ -53.7% vs 2023lowest in 7 years
2025: €226k▲ +12.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€714k-€619k▼ 13.4%€688k▲ 11.2%€542k▼ 21.2%€545k▲ 0.4%
2021: €714khighest in 5 years
2022: €619k▼ -13.4% vs 2021
2023: €688k▲ +11.2% vs 2022
2024: €542k▼ -21.2% vs 2023lowest in 5 years
2025: €545k▲ +0.4% vs 2024
Operating result€39k-€156k▲ 300%€101k▼ 35.1%€151k▲ 48.9%€161k▲ 6.7%
2021: €39klowest in 5 years
2022: €156k▲ +300% vs 2021
2023: €101k▼ -35.1% vs 2022
2024: €151k▲ +48.9% vs 2023
2025: €161k▲ +6.7% vs 2024highest in 5 years
Net result€23k-€111k▲ 377%€69k▼ 37.7%€106k▲ 52.9%€115k▲ 8.9%
2021: €23klowest in 5 years
2022: €111k▲ +377% vs 2021
2023: €69k▼ -37.7% vs 2022
2024: €106k▲ +52.9% vs 2023
2025: €115k▲ +8.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €996k
Fixed assets
€369k ▼ 12.1%
Current assets
€627k ▼ 17.7%
Equity and liabilities €996k
Equity
€545k ▲ 0.4%
Provisions
€23k ▼ 8.0%
Debt
€428k ▼ 30.3%
Debt's share of the balance-sheet total falls from 52.0% to 43.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€219k▲
2024 · €201k
Cash flow
€173k▲
2024 · €156k
Current ratio
1.56▲
2024 · 1.36
Debt to equity
0.79▼
2024 · 1.13
ROE
21.1%▲
2024 · 19.5%
ROA
11.5%▲
2024 · 8.9%
Interest coverage
25.19▲
2024 · 21.94
Debt ≤ 1 year
€401k▼
2024 · €560k
Debt > 1 year
€20k▼
2024 · €47k
Income taxes
€41k▲
2024 · €39k
Staff costs
€354k▼
2024 · €386k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.18M€996k▼
Fixed assets21/28€419k€369k▼
Tangible fixed assets22/27€419k€369k▼
Land and buildings22€276k€259k▼
Plant, machinery and equipment23€22k€18k▼
Furniture and vehicles24€122k€92k▼
Current assets29/58€762k€627k▼
Amounts receivable within one year40/41€295k€280k▼
Trade receivables40€288k€273k▼
Other amounts receivable41€7k€7k▲
Current investments50/53€51k€133k▲
Cash at bank and in hand54/58€412k€211k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€996k▼
Equity10/15€542k€545k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€342k€337k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€64k€59k▼
Distributable reserves133€271k€271k=
Profit (loss) carried forward14€125k€133k▲
Provisions and deferred taxes16€26k€23k▼
Deferred taxes168€26k€23k▼
Amounts payable17/49€614k€428k▼
Amounts payable after more than one year17€47k€20k▼
Financial debts170/4€47k€20k▼
Amounts payable within one year42/48€560k€401k▼
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€89k€61k▼
Suppliers440/4€89k€61k▼
Taxes, remuneration and social security45€63k€66k▲
Taxes450/3€19k€22k▲
Remuneration and social security454/9€44k€43k▼
Other amounts payable47/48€382k€247k▼
Accrued charges and deferred income492/3€6k€7k▲
Income statement
Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€386k€354k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€59k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€22k€16k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€610k€590k▼
Operating profit (loss)9901€151k€161k▲
Financial income75/76B€635€2k▲
Recurring financial income75€635€2k▲
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€142k€154k▲
Transfer from deferred taxes780€2k€2k▼
Income taxes67/77€39k€41k▲
Profit (loss) for the period9904€106k€115k▲
Transfer from tax-exempt reserves789€5k€5k▼
Profit (loss) for the period to be appropriated9905€111k€120k▲
Appropriation of the result
Profit (loss) to be appropriated9906€377k€245k▼
Profit (loss) brought forward from the previous period14P€266k€125k▼
Profit to be distributed694/7€251k€113k▼
Return on contributions (dividend)694€251k€113k▼
Social balance
Average headcount (FTE)90877.36.5▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4k | €9k | - | - |
| Remuneration, social security and pensions62 | - | €414k | €410k | €386k | €354k | ▼ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €114k | €89k | €90k | €50k | €59k | ▲ 16.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €1k | - |
| Other operating charges640/8 | - | €13k | €14k | €22k | €16k | ▼ 28.8% |
| Non-recurring operating charges66A | - | - | - | €2k | - | - |
| Gross operating margin9900 | €508k | €672k | €615k | €610k | €590k | ▼ 3.3% |
| Operating profit (loss)9901 | €39k | €156k | €101k | €151k | €161k | ▲ 6.7% |
| Financial income75/76B | - | €2k | €1k | €635 | €2k | ▲ 273% |
| Recurring financial income75 | €430 | €2k | €1k | €635 | €2k | ▲ 273% |
| Financial charges65/66B | - | €7k | €7k | €9k | €9k | ▼ 4.9% |
| Recurring financial charges65 | €9k | €7k | €7k | €9k | €9k | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | €30k | €151k | €95k | €142k | €154k | ▲ 8.6% |
| Transfer from deferred taxes780 | - | €3k | €2k | €2k | €2k | ▼ 8.0% |
| Income taxes67/77 | €10k | €43k | €28k | €39k | €41k | ▲ 7.0% |
| Profit (loss) for the period9904 | €23k | €111k | €69k | €106k | €115k | ▲ 8.9% |
| Transfer from tax-exempt reserves789 | - | €6k | €6k | €5k | €5k | ▼ 8.0% |
| Profit (loss) for the period to be appropriated9905 | €30k | €117k | €75k | €111k | €120k | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.15M | €1.16M | €1.08M | €1.18M | €996k | ▼ 15.7% |
| Fixed assets21/28 | €472k | €391k | €359k | €419k | €369k | ▼ 12.1% |
| Tangible fixed assets22/27 | €472k | €391k | €359k | €419k | €369k | ▼ 12.1% |
| Land and buildings22 | - | €310k | €294k | €276k | €259k | ▼ 6.1% |
| Plant, machinery and equipment23 | - | €80k | €35k | €22k | €18k | ▼ 19.5% |
| Furniture and vehicles24 | - | €1k | €30k | €122k | €92k | ▼ 24.4% |
| Current assets29/58 | €673k | €773k | €723k | €762k | €627k | ▼ 17.7% |
| Amounts receivable within one year40/41 | €276k | €326k | €255k | €295k | €280k | ▼ 5.0% |
| Trade receivables40 | - | €323k | €228k | €288k | €273k | ▼ 5.1% |
| Other amounts receivable41 | - | €3k | €27k | €7k | €7k | ▲ 0.6% |
| Current investments50/53 | - | €51k | €51k | €51k | €133k | ▲ 158% |
| Cash at bank and in hand54/58 | €395k | €394k | €413k | €412k | €211k | ▼ 48.9% |
| Deferred charges and accrued income490/1 | - | €3k | €4k | €4k | €4k | ▼ 9.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.15M | €1.16M | €1.08M | €1.18M | €996k | ▼ 15.7% |
| Equity10/15 | €714k | €619k | €688k | €542k | €545k | ▲ 0.4% |
| Contributions10/11 | €75k | €75k | €75k | €75k | €75k | = |
| Capital10 | - | €75k | €75k | €75k | €75k | = |
| Issued capital100 | - | €75k | €75k | €75k | €75k | = |
| Reserves13 | €359k | €353k | €347k | €342k | €337k | ▼ 1.4% |
| Non-distributable reserves130/1 | - | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | - | €8k | €8k | €8k | €8k | = |
| Tax-exempt reserves132 | - | €75k | €69k | €64k | €59k | ▼ 7.7% |
| Distributable reserves133 | - | €271k | €271k | €271k | €271k | = |
| Profit (loss) carried forward14 | €280k | €191k | €266k | €125k | €133k | ▲ 5.8% |
| Provisions and deferred taxes16 | €33k | €30k | €28k | €26k | €23k | ▼ 8.0% |
| Deferred taxes168 | - | €30k | €28k | €26k | €23k | ▼ 8.0% |
| Amounts payable17/49 | €398k | €516k | €366k | €614k | €428k | ▼ 30.3% |
| Amounts payable after more than one year17 | €125k | €99k | €73k | €47k | €20k | ▼ 56.7% |
| Financial debts170/4 | - | €99k | €73k | €47k | €20k | ▼ 56.7% |
| Amounts payable within one year42/48 | €268k | €410k | €286k | €560k | €401k | ▼ 28.4% |
| Current portion of amounts payable after more than one year42 | - | €25k | €26k | €26k | €27k | ▲ 1.9% |
| Trade debts44 | €59k | €76k | €58k | €89k | €61k | ▼ 31.3% |
| Suppliers440/4 | - | €76k | €58k | €89k | €61k | ▼ 31.3% |
| Taxes, remuneration and social security45 | - | €75k | €71k | €63k | €66k | ▲ 4.6% |
| Taxes450/3 | - | €20k | €19k | €19k | €22k | ▲ 16.6% |
| Remuneration and social security454/9 | - | €55k | €52k | €44k | €43k | ▼ 0.7% |
| Other amounts payable47/48 | - | €234k | €131k | €382k | €247k | ▼ 35.3% |
| Accrued charges and deferred income492/3 | - | €6k | €6k | €6k | €7k | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €111k | €69k | €106k | €115k | ▲ 8.9% |
| + Depreciation and write-downs630 | €114k | €89k | €90k | €50k | €59k | ▲ 16.9% |
| Operating cash flow (approximation) | €137k | €200k | €159k | €156k | €173k | ▲ 11.4% |
| Investment in fixed assets (approximation) | - | €-9k | €-57k | €-111k | €-8k | ▲ 92.8% |
| Change in cash | - | €-874 | €19k | €-732 | €-201k | ▼ 27,391% |
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
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €23k ▼73.2%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Retie · 1 establishment unit since 1985
Ground area
4,052 m²
Building footprint
2,083 m²
Volume, LiDAR
10,571 m³
Parcel 13036B0245/00D000, Flanders · tallest building 20.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BVD Groep
since 19852.026.704.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036B0245/00D000 | Flanders | 4,052 m² | 1 · 2,083 m² | 20.1 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.
Similar companies · same sector, comparable size
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ANDRE et Compagnie
BE 0418.793.045
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Les Etablissements MERGNY
BE 0412.870.206
Vresse-sur-Semois · Eq €544,039
MARRIDDIS
BE 0896.509.632
Namur · Eq €543,725
TRIVAS
BE 0640.849.306
Genk · Eq €545,607
Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,027 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
Founded01-04-1985
Fiscal year end31-03
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
82100Office administrative and support services
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.