Beheyt
ActiveSummary
Beheyt has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.49M and a net result of €335k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 117 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+5
Solvency94▲+3
Growth64▲+15
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 3.15 in 2024; short-term debt: 26.8% and cash: 2.8% of total assets), and 30.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.1%
Return on assets
2.2%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-11-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
56 d early
2023
63 d early
2022
68 d early
2021
67 d early
2020
67 d early
2019
64 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12.90M▼ 3.3%
2024 · €13.33M
2019: €11.89M
2020: €10.69M
2021: €14.09M
2022: €16.75M
2023: €15.06M
2024: €13.33M
2019 → 2025
EBIT margin
2.1%▼ 0.2pp
2024 · 2.3%
2019: 4.2%
2020: 3.3%
2021: 8.6%
2022: 8.8%
2023: 4.8%
2024: 2.3%
2019 → 2025
Net result
€335k▲ 35.2%
2024 · €247k
2019: €249k
2020: €145k
2021: €844k
2022: €1.14M
2023: €644k
2024: €247k
2019 → 2025
Working capital
€9.67M▲ 4.8%
2024 · €9.22M
2019: €6.68M
2020: €6.91M
2021: €7.71M
2022: €9.86M
2023: €9.50M
2024: €9.22M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14.09M-€16.75M▲ 18.9%€15.06M▼ 10.1%€13.33M▼ 11.5%€12.90M▼ 3.3%
Equity€8.17M-€9.26M▲ 13.3%€9.91M▲ 7.0%€10.15M▲ 2.5%€10.49M▲ 3.3%
Operating result€1.22M-€1.48M▲ 21.7%€719k▼ 51.4%€301k▼ 58.1%€269k▼ 10.6%
Net result€844k-€1.14M▲ 35.6%€644k▼ 43.7%€247k▼ 61.6%€335k▲ 35.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 11% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.17M
Fixed assets
€1.44M ▼ 19.3%
Current assets
€13.73M ▲ 1.7%
Equity and liabilities €15.17M
Equity
€10.49M ▲ 3.3%
Provisions
€6k =
Debt
€4.68M ▼ 8.8%
Debt's share of the balance-sheet total falls from 33.6% to 30.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€715k▲
2024 · €704k
Cash flow
€781k▲
2024 · €651k
Current ratio
3.38▲
2024 · 3.15
Quick ratio
1.09▼
2024 · 1.24
Debt to equity
0.45▼
2024 · 0.51
ROE
3.2%▲
2024 · 2.4%
ROA
2.2%▲
2024 · 1.6%
Interest coverage
4.38▲
2024 · 3.72
Debt ≤ 1 year
€4.06M▼
2024 · €4.28M
Debt > 1 year
€610k▼
2024 · €838k
Income taxes
€33k▼
2024 · €43k
Staff costs
€2.54M▼
2024 · €2.61M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15.29M€15.17M▼
Fixed assets21/28€1.78M€1.44M▼
Intangible fixed assets21€17k€8k▼
Tangible fixed assets22/27€1.76M€1.42M▼
Land and buildings22€523k€477k▼
Plant, machinery and equipment23€690k€526k▼
Furniture and vehicles24€545k€419k▼
Financial fixed assets28€10k€10k=
Affiliated companies280/1€10k€10k=
Participating interests280€10k€10k=
Other financial fixed assets284/8€113€113=
Amounts receivable and cash guarantees285/8€113€113=
Current assets29/58€13.50M€13.73M▲
Stocks and contracts in progress3€8.18M€9.29M▲
Stocks30/36€8.18M€9.29M▲
Raw materials and consumables30/31€1.56M€1.90M▲
Work in progress32€226k€316k▲
Finished goods33€6.39M€7.07M▲
Amounts receivable within one year40/41€4.64M€3.92M▼
Trade receivables40€4.63M€3.92M▼
Other amounts receivable41€7k-
Cash at bank and in hand54/58€561k€422k▼
Deferred charges and accrued income490/1€125k€98k▼
Equity and liabilities
Total equity and liabilities10/49€15.29M€15.17M▼
Equity10/15€10.15M€10.49M▲
Contributions10/11€322k€322k=
Reserves13€9.83M€10.16M▲
Tax-exempt reserves132€106k€108k▲
Distributable reserves133€9.72M€10.06M▲
Provisions and deferred taxes16€6k€6k=
Provisions for liabilities and charges160/5€6k€6k=
Other liabilities and charges164/5€6k€6k=
Amounts payable17/49€5.13M€4.68M▼
Amounts payable after more than one year17€838k€610k▼
Financial debts170/4€838k€610k▼
Credit institutions173€838k€610k▼
Amounts payable within one year42/48€4.28M€4.06M▼
Current portion of amounts payable after more than one year42€229k€229k=
Financial debts43€1.80M€1.38M▼
Credit institutions430/8€1.80M€1.38M▼
Trade debts44€409k€503k▲
Suppliers440/4€409k€503k▲
Taxes, remuneration and social security45€512k€566k▲
Taxes450/3€69k€75k▲
Remuneration and social security454/9€443k€491k▲
Other amounts payable47/48€1.34M€1.39M▲
Accrued charges and deferred income492/3€8k€5k▼
Income statement
Code20242025
Operating income70/76A€13.24M€13.69M▲
Turnover70€13.33M€12.90M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-116k€770k▲
Other operating income74€23k€20k▼
Non-recurring operating income76A€6k-
Operating charges60/66A€12.94M€13.42M▲
Goods for resale, raw materials and consumables60€7.63M€8.38M▲
Purchases600/8€7.63M€8.72M▲
Change in stocks: decrease (increase)609€-8k€-338k▼
Services and other goods61€2.19M€2.06M▼
Remuneration, social security and pensions62€2.61M€2.54M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€403k€446k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€85k€-20k▼
Other operating charges640/8€29k€17k▼
Non-recurring operating charges66A€30€12▼
Operating profit (loss)9901€301k€269k▼
Financial income75/76B€312k€395k▲
Recurring financial income75€312k€395k▲
Income from financial fixed assets750€198k€335k▲
Other financial income752/9€114k€60k▼
Financial charges65/66B€323k€297k▼
Recurring financial charges65€323k€297k▼
Debt charges650€189k€163k▼
Other financial charges652/9€134k€134k▲
Profit (loss) for the period before taxes9903€290k€367k▲
Income taxes67/77€43k€33k▼
Taxes670/3€43k€33k▼
Profit (loss) for the period9904€247k€335k▲
Transfer to tax-exempt reserves689€1k€1k▲
Profit (loss) for the period to be appropriated9905€246k€333k▲
Appropriation of the result
Profit (loss) to be appropriated9906€246k€333k▲
Transfer to equity691/2€246k€333k▲
To other reserves6921€246k€333k▲
Social balance
Average headcount (FTE)908737.235.8▼
The notes to these accounts (56 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Equity above €10MEq €10.15M ▲2.5%
6 profitable years in a row build equity to €10.15M.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Highest result since 2019net €1.14M ▲35.6%
Operating result €1.48M, net result €1.14M, both a record.
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Weakest financial yearnet €145k ▼41.7%
Net result drops to €145k, the lowest in the series; recovery starts the following year.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
02-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are 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 1955
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bloemistenstraat(Kor) 68500 KortrijkGround area
398 m²
Building footprint
300 m²
Volume, LiDAR
3,009 m³
Parcel 34022E0062/00N008, Flanders · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bloemistenstraat(Kor) 6, 8500 Kortrijk
since 19552.002.776.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0062/00N008 | Flanders | 398 m² | 1 · 300 m² | 16.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,075 EUR awarded · 6,075 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,810 EUR | 3,810 EUR |
| 2024 | 1 | 115 EUR | 115 EUR |
| 2023 | 1 | 84 EUR | 84 EUR |
| 2022 | 2 | 2,066 EUR | 2,066 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300KPYMAVGUD1DH80
Similar companies · same sector, comparable size
KORTRIJKSE GOUDSMEDERIJ
BE 0442.671.178
Kortrijk · Eq €8.41M
DAEMS GROUP
BE 0479.473.770
Nijlen · Eq €7.40M
MILLET
BE 0425.106.755
Antwerpen · Eq €7.24M
HOLEMANS MANALYS
BE 0811.901.381
Brussel · Eq €5.31M
PIGOU
BE 0450.766.423
Kortrijk · Eq €3.32M
Of 1,529 companies in sector 32123 we hold annual accounts for 225. 14 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 formPrivate limited company
Founded01-01-1968
Fiscal year end30-06
Activities, NACEBEL 2025
32123Manufacture of jewellery
46480Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.