Equity
€1.9m ▼ 0.6%
BI-LO-FI paid out €66,500 in dividends. That is 119% of the 2025 profit.
BI-LO-FI
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1995peak €132,466 (2025)
€132,466▲ 4.9%
lowest -€460,694 (2021)
€55,828▼ 1.8%
peak €1.9m (2024)
€1.9m▼ 0.6%
€12,068▼ 53.0%
peak 0.3 FTE (2007)
-not published
Board1 name since 2021
-
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Dividend €66,500Debts from €25,659 to €12,068Cash from €171,320 to €726,182
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 73% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 91.22, cash €726,182
Equity €1.9m (99.4% of total assets)
Size: total assets €1.9m
Figures for financial year 2025 (filed on 06-07-2026)
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 68, micro). It does better than 91% of them on solvency, 95% on liquidity, 64% on profitability and 43% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as BI-LO-FI has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BI-LO-FI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 17,041 companies, not a prediction for BI-LO-FI. 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.
Credit verdict
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 91.22 (38.5 in 2024), above the usual 1.5. Short-term debt is 0.5% and cash 37.9% of total assets. 0.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
24 days early
2023
23 days early
2022
23 days late
2021
18 days late
2021
2 days early
2020
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed 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 9 July (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451701680
Merger: Bl-LO-FI takes over P.HOET
Gazette deed
Merger: BI-LO-FI takes over HOET OPTIEK
Change of role: HOET, Patrick Dominique Irène Alfred, from statutory manager to statutory director · “Beheer van een patrimonium, samengesteld uit roerende en onroerende goederen; Nemen van participaties onder…” (deed in Dutch) · Accounting effect: HOET OPTIEK · General meeting of 04-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BI-LO-FI Bruges | €1.9m | €132,466 | 99.4% | - |
| TONUS Knokke-Heist | €2.0m | €144,462 | 56.5% | - |
| POS INVEST Torhout | €1.7m | €157,121 | 60.7% | - |
| VAN DYCK Knokke-Heist | €2.2m | €112,613 | 79.5% | - |
| HVAC DRIEGELINCK Izegem | €2.0m | €110,336 | 84.7% | - |
| BELGIAN CHOCOLAT FACTORY De Panne | €1.8m | €106,317 | 41.9% | - |
| BIERHALLE DECONINCK Anzegem | €1.8m | €152,840 | 23.8% | 0 |
These companies have the same main activity as BI-LO-FI: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.7m and €2.2m, founded between 1988 and 1996.
Official details
Source: KBO- Status
- Active since 14-12-1993Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2021
- Establishment unit
- 2.113.032.2618000 Bruges, since 03-01-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 27-05-2025
Annual accounts 2025
- ≈ €180,000estimated
- €1.9m▼ 1.3%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on BI-LO-FI
BI-LO-FI files the abbreviated format. That format states no turnover. The gross margin rose from €40,819 in 2007 to €132,466 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BI-LO-FI
- What is the company number of BI-LO-FI?
- The company number of BI-LO-FI is 0451.701.680. The VAT number is the same number with BE in front: BE 0451.701.680.
- Where is BI-LO-FI based?
- The registered office is at Klaverstraat 71, 8000 Bruges.Company details
- What does BI-LO-FI do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of BI-LO-FI?
- BI-LO-FI is a public limited company (NV).
- When was BI-LO-FI founded?
- BI-LO-FI was founded on 14-12-1993.
- Is BI-LO-FI still active?
- Yes, BI-LO-FI is an active enterprise in the KBO register.
- How many employees does BI-LO-FI have?
- BI-LO-FI had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BI-LO-FI fall under?
- In its 2021 annual accounts, BI-LO-FI states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BI-LO-FI?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €132,466 and 37 comparable companies (NACE 68203). It probably lies between €140,000 and €280,000.
- Is BI-LO-FI profitable?
- In financial year 2025, BI-LO-FI made a profit of €55,828.
- Where can I find the annual accounts of BI-LO-FI?
- BI-LO-FI filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BI-LO-FI due?
- BI-LO-FI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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