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Firma Beel

Active
Public limited companyfounded 197155 years 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 4,922 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Retail trade
NACE 47812Wholesale 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 probability, 12 months
0.2%
Structure
Parent
IMMOPS · 99.98%
Board
1 member
Accounts 52 days 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%
Financially better than 39% of its sector peers (NACE 47, medium-sized)
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% (387 companies)
Last 24 months 11-2024: 0.5%highest value 12-2024: 0.5%● unchanged vs 11-2024highest value 01-2025: 0.5%● unchanged vs 12-2024highest value 02-2025: 0.4%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
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 follows from the bankruptcy probability, on a scale where 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 47, medium-sized): better than 48% on solvency, 30% on liquidity, 33% on profitability and 45% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Sector Retail trade (NACE 47)
KBO
raises risk · Equity €11.4m (24.7% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €79.9m, 65.7 FTE, total assets €46.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1971
How long the company has existed counts in the probability; how much depends on the rest of its 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 days early
2024
50 days early
2023
44 days early
2022
39 days early
2021
34 days early
2020
32 days early
2019
31 days 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
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
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. 31-12-2024Highest result since 2018
  2. 17-06-2024Annual accounts filed
  3. 31-12-2023Equity above €10m
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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