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B.P.M.

Judicial reorganisation
Private limited companyfounded 2002active for 24 yearsRue du Karting 9, 5660 Couvin, BelgiumKBO/BCE: BE 0477.732.324
Summary

The file of B.P.M. contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of B.P.M. as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €727,740 and a net result of -€523,979. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 25% of 1,135 sector peers (NACE 77, financial year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Liège
Opened
16 June 2026
Track
Reorganisation by collective agreement
Docket number
20260036
Moratorium until
16 February 2027
Creditors' vote
9 February 2027
Delegated judge
Nadia Ajvazov
Official Gazette
19-06-2026 (pdf) ↗search the document for 2026/127092

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the moratorium runs until 16 February 2027, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Rental and leasing activities
NACE 77320Freight transport by road NACE 49410
3 sites
Size
€3.5mturnover 2025
Staff
16 FTE
Equity
€727,740
Loss
-€523,979
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Parent
cdb
2025 accounts 17 days early6 deeds in the Belgian Official Gazette
Signalsraises riskIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 38-6
equity 13.1% of total assets
Liquidity 28-6
short-term debt 45.2% · cash 0.3%
Profitability 33-49
return on assets -9.4%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.62, compared with 0.8 in 2024, below 1; short-term debt: 45.2% and cash: 0.3% of total assets), and 86.9% of the assets are financed with debt and provisions.

Signals

Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring. The KBO register also records: special situation.
Belgian Official Gazette
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
35 days early
2023
35 days early
2022
19 days early
2021
19 days early
2020
24 days late
2019
38 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 20 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% 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 12 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. ExtensionEnterprise Court of Liège ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. OpeningEnterprise Court of Liège ·…

Key points

  • Risk: In judicial reorganisationtrustee not known 16-06-2026 View
  • Caution: From profit to loss in 2025after €187,518 in 2024 -€523,979 View
  • Caution: Among the weakest 5% on net resultsector median €16,793 · 1,135 companies -€523,979 View
  • Controlled by cdb parent View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
€3.5m
Loss
-€523,979
Solvency
13.1%
Turnover▼ 19.0%
Net result
20182025
Go to Financials

Timeline

Events
30
Since
2003
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 26-06-2025Annual accounts filed
  3. 26-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Rental and leasing activitiesNACE 77320
Founded
13-06-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about B.P.M.

What is the company number of B.P.M.?
0477.732.324. In Belgium the VAT number is the company number with BE in front: BE 0477.732.324.
Where is B.P.M. based?
The registered office is at Rue du Karting 9, 5660 Couvin.Company details
What does B.P.M. do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77320).
What is the legal form of B.P.M.?
Private limited company (BV).
When was B.P.M. founded?
On 13-06-2002.
Is B.P.M. still active?
Yes, B.P.M. is in the KBO register. A judicial reorganisation is running.
How many employees does B.P.M. have?
On average 16 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of B.P.M.?
€3.5m in financial year 2025, according to the filed annual accounts.
Is B.P.M. profitable?
In financial year 2025, B.P.M. made a loss of €523,979.
Where can I find the annual accounts of B.P.M.?
B.P.M. filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B.P.M. due?
By 31-07-2027, for financial year 2026.Timeline

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