BVO GROUP

Active

Private limited companyfounded 20223 yrs activeRijgerstraat 72, 9310 Aalst, BelgiumKBO/BCE: BE 0793.751.889

BVO GROUP has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €293k and a net result of €18k. Its solvency ranks better than 94% of 19345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2024

94 / 100

Excellent▲ +38 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability30▲+1

Solvency100▲+38

Growth78

Stability94

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity ample (current ratio 2.58 against 0.22 in 2023), and 5.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

94.9%

Return on assets

5.7%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

27 d early

2023

27 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€293k▲ 6.3%

2023 · €276k

2023: €276k

2023 → 2024

Total assets

€309k▼ 42.3%

2023 · €536k

2023: €536k

2023 → 2024

Net result

€18k▲ 9.7%

2023 · €16k

2023: €16k

2023 → 2024

Working capital

€25k

2023 · €-204k

2023: €-204k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€276k-€293k▲ 6.3%

Operating result€16k-€22k▲ 35.6%

Net result€16k-€18k▲ 9.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 36% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €309k

86.8%

13.2%

Fixed assets €268k▼ 44.0%

Current assets €41k▼ 28.2%

Equity and liabilities €309k

94.9%

Equity €293k▲ 6.3%

Debt €16k▼ 93.9%

The debt ratio falls from 48.5% to 5.1%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€31k▲

2023 · €23k

Cash flow

€27k▲

2023 · €23k

Solvency

94.9%▲

2023 · 51.5%

Current ratio

2.58▲

2023 · 0.22

Quick ratio

2.58▲

2023 · 0.22

Debt / equity

0.05▼

2023 · 0.94

ROE

6.0%▲

2023 · 5.8%

ROA

5.7%▲

2023 · 3.0%

Interest coverage

303.02▼

2023 · 1174892.50

Debt

€16k▼

2023 · €260k

Debt ≤ 1 year

€16k▼

2023 · €260k

Income taxes

€4k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€536k€309k▼

Fixed assets21/28€480k€268k▼

Tangible fixed assets22/27€480k€268k▼

Land and buildings22€480k€268k▼

Current assets29/58€57k€41k▼

Amounts receivable within one year40/41€30k€22k▼

Trade receivables40€17k€9k▼

Other amounts receivable41€13k€13k=

Cash at bank and in hand54/58€26k€19k▼

Equity and liabilities

Total equity and liabilities10/49€536k€309k▼

Equity10/15€276k€293k▲

Contributions10/11€260k€260k=

Profit (loss) carried forward14€16k€33k▲

Amounts payable17/49€260k€16k▼

Amounts payable within one year42/48€260k€16k▼

Trade debts44€252k€1k▼

Suppliers440/4€252k€1k▼

Taxes, remuneration and social security45€8k€15k▲

Taxes450/3€8k€15k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲

Other operating charges640/8-€34k

Gross operating margin9900€23k€65k▲

Operating profit (loss)9901€16k€22k▲

Financial charges65/66B€0€103▲

Recurring financial charges65€0€103▲

Profit (loss) for the period before taxes9903€16k€22k▲

Income taxes67/77-€4k

Profit (loss) for the period9904€16k€18k▲

Profit (loss) for the period to be appropriated9905€16k€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€16k€33k▲

Profit (loss) brought forward from the previous period14P-€16k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

2025

04-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity times 12current ratio 2.58

Current ratio from 0.22 to 2.58; short-term debt falls from €260k to €16k.

04-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Aalst · 1 establishment unit since 2022

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rijgerstraat 729310 Aalst

Ground area

676 m²

Building footprint

49 m²

Volume, LiDAR

139 m³

Parcel 41042D0417/00N000, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

BVO GROUP

Rijgerstraat 72, 9310 AalstRenting and operating of own or leased non-residential real estate, excluding land

since 20222.338.594.972

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41042D0417/00N000	Flanders	676 m²	1 · 49 m²	4.3 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

Sint-Pieters-Woluwe · Eq €294k

LOOISE BANDENCENTRALE

BE 0458.473.963

Tessenderlo-Ham · Eq €294k

Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,380 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-11-2022

Fiscal year end31-12

Activities, NACEBEL

68203Renting and operating of own or leased non-residential real estate, excluding land

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:pieter@vop-group.be

Enterprise