Byttebier-Soens
ActiveSummary
The computed 12-month bankruptcy probability of Byttebier-Soens is 2.9% (moderate). The 2024 annual accounts show equity of €104k and a net result of €32k. Equity is growing by ~63.7% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-7
Solvency52▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.95 against 1.31 in 2023; short-term debt: 16.1% and cash: 21.2% of total assets), but 72.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27.1%
Return on assets
8.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-11-2025, 109 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
109 d late
2023
71 d late
2022
121 d late
2021
121 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€50k
EBIT margin
65.9%
Net result
€32k▼ 22.6%
2023 · €42k
2021: €24k
2022: €4k
2023: €42k
2021 → 2024
Working capital
€59k▲ 416%
2023 · €11k
2021: €-7k
2022: €12k
2023: €11k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€50k-
Equity€25k-€30k▲ 16.8%€72k▲ 141%€104k▲ 45.2%
Operating result€33k-€9k▼ 73.4%€60k▲ 574%€50k▼ 16.3%
Net result€24k-€4k▼ 82.1%€42k▲ 877%€32k▼ 22.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €384k
Fixed assets
€264k ▲ 6.2%
Current assets
€120k ▲ 152%
Equity and liabilities €384k
Equity
€104k ▲ 45.2%
Debt
€280k ▲ 24.7%
Debt's share of the balance-sheet total falls from 75.8% to 72.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▼
2023 · €69k
Cash flow
€44k▼
2023 · €52k
Current ratio
1.95▲
2023 · 1.31
Debt to equity
2.69▼
2023 · 3.14
ROE
31.2%▼
2023 · 58.5%
ROA
8.4%▼
2023 · 14.1%
Interest coverage
12.94▼
2023 · 17.50
Debt ≤ 1 year
€62k▲
2023 · €36k
Debt > 1 year
€218k▲
2023 · €188k
Income taxes
€13k▼
2023 · €14k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€296k€384k▲
Fixed assets21/28€248k€264k▲
Tangible fixed assets22/27€248k€264k▲
Land and buildings22€248k€264k▲
Current assets29/58€48k€120k▲
Amounts receivable within one year40/41€21k€32k▲
Trade receivables40€11k€15k▲
Other amounts receivable41€10k€17k▲
Cash at bank and in hand54/58€23k€82k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€296k€384k▲
Equity10/15€72k€104k▲
Contributions10/11€2k€2k=
Reserves13€70k€103k▲
Distributable reserves133€70k€103k▲
Amounts payable17/49€225k€280k▲
Amounts payable after more than one year17€188k€218k▲
Financial debts170/4€188k€218k▲
Amounts payable within one year42/48€36k€62k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€7k€18k▲
Suppliers440/4€7k€18k▲
Taxes, remuneration and social security45€14k€28k▲
Taxes450/3€14k€28k▲
Other amounts payable47/48€874-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€70k€62k▼
Operating profit (loss)9901€60k€50k▼
Financial income75/76B-€235
Recurring financial income75-€235
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€56k€45k▼
Income taxes67/77€14k€13k▼
Profit (loss) for the period9904€42k€32k▼
Profit (loss) for the period to be appropriated9905€42k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€32k▼
Transfer to equity691/2€42k€32k▼
To other reserves6921€42k€32k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 109 days late
2024
31-12
Financial
Equity above €100kEq €104k ▲45.2%
4 profitable years in a row build equity to €104k.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial
Highest result since 2021net €42k ▲877%
Operating result €60k, net result €42k, both a record.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Weakest financial yearnet €4k ▼82.1%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Harelbeke · 1 establishment unit since 2021
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.
Spinnerijstraat 168530 HarelbekeGround area
1,289 m²
Building footprint
257 m²
Volume, LiDAR
1,280 m³
Parcel 34322B0645/00V002, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Byttebier-Soens
since 20212.319.750.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0645/00V002 | Flanders | 1,289 m² | 1 · 257 m² | 7.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 819 EUR awarded · 819 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 819 EUR | 819 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.