Summary
M. Bekaert has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2021 annual accounts show equity of €33k and a net result of €19k. Its solvency ranks better than 44% of 8674 sector peers (fiscal year 2021). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Axes, FY 2021
Profitability100
Solvency71
Growth-
Track record85
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 2021Solvency, return and age of the figures
Solvency
45.9%
Return on assets
26.1%
Age of the figures
57 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-08-2022, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2021
9 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€33k
Total assets
€73k
Net result
€19k
Working capital
€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €73k
Fixed assets
€43k
Current assets
€30k
Equity and liabilities €73k
Equity
€33k
Debt
€39k
Debt finances 54.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€33k
Cash flow
€26k
Current ratio
1.07
Debt to equity
1.18
ROE
57.0%
ROA
26.1%
Interest coverage
83.45
Debt ≤ 1 year
€28k
Debt > 1 year
€12k
Income taxes
€7k
Filed annual accounts As filed with the NBB · 2021 · 37 lines
Balance sheet
Code2021
Assets
Total assets20/58€73k
Fixed assets21/28€43k
Tangible fixed assets22/27€43k
Land and buildings22€25k
Furniture and vehicles24€18k
Current assets29/58€30k
Amounts receivable within one year40/41€10k
Trade receivables40€9k
Other amounts receivable41€1k
Cash at bank and in hand54/58€20k
Equity and liabilities
Total equity and liabilities10/49€73k
Equity10/15€33k
Contributions10/11€1k
Reserves13€32k
Distributable reserves133€32k
Amounts payable17/49€39k
Amounts payable after more than one year17€12k
Financial debts170/4€12k
Amounts payable within one year42/48€28k
Current portion of amounts payable after more than one year42€5k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€20k
Taxes450/3€20k
Income statement
Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k
Other operating charges640/8€893
Gross operating margin9900€34k
Operating profit (loss)9901€26k
Financial charges65/66B€394
Recurring financial charges65€394
Profit (loss) for the period before taxes9903€26k
Income taxes67/77€7k
Profit (loss) for the period9904€19k
Profit (loss) for the period to be appropriated9905€19k
Appropriation of the result
Profit (loss) to be appropriated9906€19k
Transfer to equity691/2€19k
To other reserves6921€19k
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
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kortrijk · 1 establishment unit since 2020
Ground area
1,032 m²
Building footprint
184 m²
Volume, LiDAR
903 m³
Parcel 34354D0345/00R000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.Bekaert
since 20202.299.271.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354D0345/00R000 | Flanders | 1,032 m² | 1 · 184 m² | 7.6 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.
Similar companies · same sector, comparable size
Wim Mariën Engineering Consultancy
BE 1020.729.713
Sint-Niklaas · Eq €33,382
MONTIQ
BE 0479.970.153
Waregem · Eq €33,384
SEBASTIAN LAGA
BE 0802.111.113
Kortrijk · Eq €33,298
Druet Engineering
BE 0879.469.009
Nivelles · Eq €33,465
KATHINKA ENGINEERING
BE 0476.760.245
Antwerpen · Eq €33,488
Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded11-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.