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Firma Beel

Active
Public limited companyfounded 197155 yrs activeWaregemseweg (W.) 75, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0411.897.038
Summary

Firma Beel has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.4m and a net result of €337,045. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 4911 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
Firma BeelActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Retail trade
NACE 47812NACE 45193Wholesale trade NACE 46610
#1 company by total assets in Wortegem-Petegem, Wholesale and retail trade sector4 sites
Size
€79.9mturnover 2025
Staff
65.7 FTE
Equity
€11.4m
Profit
€337,045
Financial health
87 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
IMMOPS · 99.98%
Board
1 member
Accounts 52 d early1 of 18 deeds read
Why 87- Sector Retail trade (NACE 47)- Equity €11.4m (24.7% of total assets)+ Size: turnover €79.9m, 65.7 FTE, total assets €46.3m+ Founded in 1971Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (NACE 47, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 50+1
equity 24.7% of total assets
Liquidity 25+2
short-term debt 66.0% · cash 8.1%
Profitability 44-2
return on assets 0.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (388 companies)
Last 24 months 11-2024: 0.5%highest value 12-2024: 0.5%● 0.0% vs 11-2024highest value 01-2025: 0.5%● 0.0% vs 12-2024highest value 02-2025: 0.4%▼ -3.7% vs 01-2025 03-2025: 0.4%● 0.0% vs 02-2025 04-2025: 0.4%▼ -1.6% vs 03-2025 05-2025: 0.4%▲ +1.6% vs 04-2025 06-2025: 0.4%▲ +0.4% vs 05-2025 07-2025: 0.3%▼ -22.7% vs 06-2025 08-2025: 0.3%● 0.0% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%▼ -3.7% vs 01-2026 03-2026: 0.3%● 0.0% vs 02-2026 04-2026: 0.3%▼ -1.5% vs 03-2026 05-2026: 0.3%▲ +1.5% vs 04-2026 06-2026: 0.3%▲ +2.4% vs 05-2026 07-2026: 0.2%▼ -43.6% vs 06-2026lowest value 08-2026: 0.2%● 0.0% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Sector Retail trade (NACE 47) raises the probability
  • Equity €11.4m (24.7% of total assets) raises the probability
  • Size: turnover €79.9m, 65.7 FTE, total assets €46.3m lowers the probability for this profile
  • Founded in 1971 lowers the probability for this profile
Credit up to €950,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.52 in 2024; short-term debt: 66% and cash: 8.1% of total assets), and 75.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, medium-sized). Better than this share of them on solvency 48%, liquidity 30%, profitability 33%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Equity €11.4m (24.7% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €79.9m, 65.7 FTE, total assets €46.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1971
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
50 d early
2023
44 d early
2022
39 d early
2021
34 d early
2020
32 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Appointment: Karel Beel (non-statutory director)Reappointment: Karel Beel (managing director)
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Company by total assets in Wortegem-Petegem, Wholesale and…in the Checked rankings #1 View
  • Caution: Result fell in 2025from €858,051 to €337,045 ▼ 60.7% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €337,045 8 years View
  • Controlled by IMMOPS 99.98% View
  • New directorlatest change 30-05-2026 · 1 in office 1 joined View
  • Active since 1971founded 01-01-1971 55 years View

By topic

Financials

Fiscal year
2025
Turnover
€79.9m
Profit
€337,045
Solvency
24.7%
Turnover▲ 0.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 30-09-2026Appointment: Karel Beel (non-statutory director)
  2. 09-06-2026Annual accounts filed
  3. 11-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Retail tradeNACE 47812
Founded
01-01-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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