BGFL
ActiveSummary
BGFL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €53k. Equity is growing by ~60.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 7.26 against 4.88 in 2024; short-term debt: 13.4% and cash: 83% of total assets), and 13.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
86.6%
Return on assets
33.2%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
7 d early
2022
21 d early
2021
23 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€139k▲ 41.8%
2024 · €98k
2021: €-2k
2022: €35k
2023: €58k
2024: €98k
2021 → 2025
Total assets
€161k▲ 29.6%
2024 · €124k
2021: €3k
2022: €60k
2023: €85k
2024: €124k
2021 → 2025
Net result
€53k▼ 6.4%
2024 · €57k
2021: €-4k
2022: €36k
2023: €24k
2024: €57k
2021 → 2025
Working capital
€135k▲ 38.7%
2024 · €97k
2021: €-1k
2022: €35k
2023: €56k
2024: €97k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€35k€58k▲ 68.7%€98k▲ 68.6%€139k▲ 41.8%
Operating result€-4k-€46k€33k▼ 28.1%€75k▲ 127%€69k▼ 8.0%
Net result€-4k-€36k€24k▼ 34.3%€57k▲ 140%€53k▼ 6.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€4k ▲ 152%
Current assets
€157k ▲ 27.9%
Equity and liabilities €161k
Equity
€139k ▲ 41.8%
Debt
€22k ▼ 16.6%
Debt's share of the balance-sheet total falls from 20.8% to 13.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▼
2024 · €76k
Cash flow
€54k▼
2024 · €57k
Current ratio
7.26▲
2024 · 4.88
Debt to equity
0.15▼
2024 · 0.26
ROE
38.3%▼
2024 · 58.0%
ROA
33.2%▼
2024 · 45.9%
Interest coverage
74.41▲
2024 · 66.99
Debt ≤ 1 year
€22k▼
2024 · €25k
Income taxes
€16k▼
2024 · €17k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€124k€161k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Land and buildings22-€1k
Plant, machinery and equipment23-€1k
Other tangible fixed assets26€2k€1k▼
Current assets29/58€123k€157k▲
Amounts receivable within one year40/41€39k€22k▼
Trade receivables40€38k€20k▼
Other amounts receivable41€595€3k▲
Cash at bank and in hand54/58€81k€134k▲
Deferred charges and accrued income490/1€3k€913▼
Equity and liabilities
Total equity and liabilities10/49€124k€161k▲
Equity10/15€98k€139k▲
Contributions10/11€2k€2k=
Reserves13€96k€137k▲
Distributable reserves133€96k€137k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26k€22k▼
Amounts payable within one year42/48€25k€22k▼
Financial debts43€6k€6k▼
Credit institutions430/8€6k€6k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€11k€11k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€3k€3k▼
Accrued charges and deferred income492/3€753€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€192€635▲
Other operating charges640/8€709€529▼
Gross operating margin9900€76k€71k▼
Operating profit (loss)9901€75k€69k▼
Financial income75/76B€313€623▲
Recurring financial income75€313€623▲
Financial charges65/66B€1k€941▼
Recurring financial charges65€1k€941▼
Profit (loss) for the period before taxes9903€75k€69k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€57k€53k▼
Profit (loss) for the period to be appropriated9905€57k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€53k▼
Transfer from equity791/2€17k€12k▼
Transfer to equity691/2€57k€53k▼
To other reserves6921€57k€53k▼
Profit to be distributed694/7€17k€12k▼
Return on contributions (dividend)694€17k€12k▼
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €139k ▲41.8%
4 profitable years in a row build equity to €139k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €57k ▲140%
Operating result €75k, net result €57k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.39
Current ratio from 0.74 to 2.39.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 1 establishment unit since 2021
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.
Stijn Streuvelslaan 1531980 ZemstGround area
1,008 m²
Building footprint
121 m²
Volume, LiDAR
465 m³
Parcel 23020B0093/00P000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BGFL
since 20212.323.115.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23020B0093/00P000 | Flanders | 1,008 m² | 1 · 121 m² | 6.2 m · 1 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
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WINTRO
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AMBIENTE XPS
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Beatrijs SCHOCKAERT
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,154 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
Founded11-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.