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BIO-ENERGY

Active
Public limited companyfounded 200521 yrs activeEkkelgaarden 16, 3500 Hasselt, BelgiumKBO/BCE: BE 0873.224.484
Summary

BIO-ENERGY has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.54M and a net result of €974k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
82 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-8
Solvency100=
Growth35▼-2
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 9.65 against 5.33 in 2024; short-term debt: 10% and cash: 0% of total assets), and 12.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
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 2025
Solvency, return and age of the figures
Solvency
87.3%
Return on assets
4.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
2 d early
2023
28 d late
2022
7 d late
2021
5 d late
2020
10 d late
2019
3 d late
← 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€1.77M▼ 37.5%
2024 · €2.82M
2018: €4.68M 2019: €5.05M 2020: €5.05M 2021: €4.00M 2022: €6.44M 2023: €5.81M 2024: €2.82M
2018 → 2025
EBIT margin
39.5%▲ 21.3pp
2024 · 18.2%
2018: 73.2% 2019: 42.9% 2020: 47.9% 2021: 18.8% 2022: 47.2% 2023: 36.2% 2024: 18.2%
2018 → 2025
Net result
€974k▲ 2.6%
2024 · €949k
2018: €3.56M 2019: €1.82M 2020: €2.13M 2021: €494k 2022: €2.75M 2023: €1.93M 2024: €949k
2018 → 2025
Working capital
€17.42M▲ 10.7%
2024 · €15.74M
2018: €1.98M 2019: €2.62M 2020: €4.58M 2021: €8.61M 2022: €11.34M 2023: €13.89M 2024: €15.74M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€4.00M-€6.44M▲ 60.8%€5.81M▼ 9.7%€2.82M▼ 51.4%€1.77M▼ 37.5%
Equity€10.93M-€13.68M▲ 25.2%€15.61M▲ 14.1%€16.56M▲ 6.1%€17.54M▲ 5.9%
Operating result€752k-€3.04M▲ 304%€2.10M▼ 30.7%€514k▼ 75.6%€698k▲ 35.7%
Net result€494k-€2.75M▲ 458%€1.93M▼ 29.8%€949k▼ 50.9%€974k▲ 2.6%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2021: €752k€752kNet result 2021: €494k€494kOperating result 2022: €3.04M€3.04MNet result 2022: €2.75M€2.75MOperating result 2023: €2.10M€2.10MNet result 2023: €1.93M€1.93MOperating result 2024: €514k€514kNet result 2024: €949k€949kOperating result 2025: €698k€698kNet result 2025: €974k€974k20212022202320242025€0€1M€2MOperating result 2023: €2.10M€2.1MNet result 2023: €1.93M€1.9MOperating result 2024: €514k€514kNet result 2024: €949k€949kOperating result 2025: €698k€698kNet result 2025: €974k€974k202320242025
The operating result recovers in 2025; 2025 is 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.09M
Fixed assets €659k ▼ 21.6%
Current assets €19.43M ▲ 0.3%
Equity and liabilities €20.09M
Equity €17.54M ▲ 5.9%
Debt €2.56M ▼ 30.0%
Debt's share of the balance-sheet total falls from 18.1% to 12.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€879k
2024 · €1.42M
Cash flow
€1.15M
2024 · €1.86M
Current ratio
9.65
2024 · 5.33
Debt to equity
0.15
2024 · 0.22
ROE
5.6%
2024 · 5.7%
ROA
4.8%
2024 · 4.7%
Debt ≤ 1 year
€2.01M
2024 · €3.63M
Income taxes
€0
2024 · €289k
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 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€20.22M€20.09M
Fixed assets21/28€840k€659k
Tangible fixed assets22/27€831k€650k
Plant, machinery and equipment23€831k€650k
Financial fixed assets28€9k€9k=
Companies linked by participating interests282/3€9k€9k=
Participating interests282€9k€9k=
Current assets29/58€19.38M€19.43M
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€19.22M€19.14M
Trade receivables40€5.00M€4.12M
Other amounts receivable41€14.21M€15.02M
Cash at bank and in hand54/58€5k€5k
Deferred charges and accrued income490/1€157k€289k
Equity and liabilities
Total equity and liabilities10/49€20.22M€20.09M
Equity10/15€16.56M€17.54M
Contributions10/11€5.52M€5.52M=
Capital10€5.52M€5.52M=
Issued capital100€5.52M€5.52M=
Reserves13€11.05M€12.02M
Non-distributable reserves130/1€552k€552k=
Legal reserve130€552k€552k=
Distributable reserves133€10.50M€11.47M
Amounts payable17/49€3.66M€2.56M
Amounts payable within one year42/48€3.63M€2.01M
Current portion of amounts payable after more than one year42€0-
Trade debts44€3.59M€1.98M
Suppliers440/4€3.59M€1.98M
Taxes, remuneration and social security45€45k€36k
Taxes450/3€45k€36k
Accrued charges and deferred income492/3€23k€545k
Income statement Code20242025
Operating income70/76A€3.12M€2.13M
Turnover70€2.82M€1.77M
Other operating income74€296k€368k
Operating charges60/66A€2.61M€1.44M
Services and other goods61€1.62M€1.25M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€908k€181k
Other operating charges640/8€1k€1k
Non-recurring operating charges66A€80k€0
Operating profit (loss)9901€514k€698k
Financial income75/76B€753k€281k
Recurring financial income75€753k€281k
Income from financial fixed assets750€753k€281k
Other financial income752/9€0€0
Financial charges65/66B€28k€5k
Recurring financial charges65€28k€5k
Debt charges650€23k€0
Other financial charges652/9€5k€5k
Profit (loss) for the period before taxes9903€1.24M€974k
Income taxes67/77€289k€0
Taxes670/3€373k€0
Tax adjustments and reversals of tax provisions77€84k€0
Profit (loss) for the period9904€949k€974k
Profit (loss) for the period to be appropriated9905€949k€974k
Appropriation of the result
Profit (loss) to be appropriated9906€949k€974k
Transfer to equity691/2€949k€974k
To other reserves6921€949k€974k

The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
30-03
State Gazette act Resignation: Pampelonne BV (director)
Permanent representatives: Marieke Meugens and Tom Melotte · Appointment: Tom Melotte BV (director) · Power of attorney6 facts ▸
  • General meeting, 01/12/2025
  • Director resignation, Pampelonne BV (director)
  • Permanent representative, Marieke Meugens
  • Director appointment, Tom Melotte BV (director)
  • Permanent representative, Tom Melotte
  • Power of attorney, Louis MACHIELS
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
07-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
05-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
31-12
Financial Weakest financial yearnet €494k ▼76.8%
Net result drops to €494k, the lowest in the series; recovery starts the following year.
10-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial Equity above €10MEq €10.43M ▲25.6%
3 profitable years in a row build equity to €10.43M.
03-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2025
Tom Melotte BV
Director · since 01-12-2025 · Legal entity · perm. rep.: Tom Melotte
Current
01-12-2025 Tom Melotte BV: Appointed as Director
01-12-2025 Pampelonne BV: Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Ekkelgaarden 163500 Hasselt
Ground area
6.5 ha
Building footprint
1.6 ha
Parcel 71324E0552/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
BIO-ENERGY
Ekkelgaarden 16, 3500 HasseltProduction of electricity from non-renewable sources
since 20052.146.631.972
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0552/00C000 Flanders 6.5 ha 1 · 1.6 ha -
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.

Recognitions · licences · registrations

Legal Entity Identifier

549300U6LYX38ZSX1P45
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 815 companies in sector 35110 we hold annual accounts for 631. 199 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 formPublic limited company
Founded15-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Fax:011/28.70.51
Establishment Hasselt 2.146.631.972