BK
ActiveSummary
BK has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.55M and a net result of €559k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 82% of 644 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▲+3
Solvency96▲+4
Growth46▼-4
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 3.66 against 3.07 in 2024; short-term debt: 24.8% of total assets), and 29.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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
70.9%
Return on assets
6%
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 dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €6.55M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
21 d early
2022
19 d early
2021
20 d early
2020
19 d early
2019
96 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€24.32M▼ 19.8%
2024 · €30.32M
2018: €24.37M
2019: €25.81M▲ +5.9% vs 2018
2020: €26.74M▲ +3.6% vs 2019
2021: €28.72M▲ +7.4% vs 2020
2022: €35.66M▲ +24.2% vs 2021highest in 8 years
2023: €33.34M▼ -6.5% vs 2022
2024: €30.32M▼ -9.1% vs 2023
2025: €24.32M▼ -19.8% vs 2024lowest in 8 years
2018 → 2025
EBIT margin
2.7%▲ 1.8pp
2024 · 0.9%
2018: 5.3%
2019: 6.7%▲ +28.0% vs 2018highest in 8 years
2020: 4.5%▼ -33.2% vs 2019
2021: 4.0%▼ -12.0% vs 2020
2022: 0.0%▼ -99.2% vs 2021
2023: -1.9%▼ -5934% vs 2022lowest in 8 years
2024: 0.9%▲ +149% vs 2023
2025: 2.7%▲ +189% vs 2024
2018 → 2025
Net result
€559k▲ 13.2%
2024 · €494k
2018: €927k
2019: €1.21M▲ +31.0% vs 2018highest in 8 years
2020: €837k▼ -31.0% vs 2019
2021: €861k▲ +2.8% vs 2020
2022: €12k▼ -98.6% vs 2021
2023: €-624k▼ -5432% vs 2022lowest in 8 years
2024: €494k▲ +179% vs 2023
2025: €559k▲ +13.2% vs 2024
2018 → 2025
Working capital
€6.09M▲ 15.7%
2024 · €5.27M
2018: €4.80Mlowest in 8 years
2019: €5.76M▲ +20.0% vs 2018
2020: €5.07M▼ -12.0% vs 2019
2021: €5.29M▲ +4.5% vs 2020
2022: €5.62M▲ +6.2% vs 2021
2023: €5.26M▼ -6.4% vs 2022
2024: €5.27M▲ +0.1% vs 2023
2025: €6.09M▲ +15.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€28.72M-€35.66M▲ 24.2%€33.34M▼ 6.5%€30.32M▼ 9.1%€24.32M▼ 19.8%
2021: €28.72M
2022: €35.66M▲ +24.2% vs 2021highest in 5 years
2023: €33.34M▼ -6.5% vs 2022
2024: €30.32M▼ -9.1% vs 2023
2025: €24.32M▼ -19.8% vs 2024lowest in 5 years
Equity€6.11M-€6.12M▲ 0.2%€5.50M▼ 10.2%€5.99M▲ 9.0%€6.55M▲ 9.3%
2021: €6.11M
2022: €6.12M▲ +0.2% vs 2021
2023: €5.50M▼ -10.2% vs 2022lowest in 5 years
2024: €5.99M▲ +9.0% vs 2023
2025: €6.55M▲ +9.3% vs 2024highest in 5 years
Operating result€1.14M-€12k▼ 99.0%€-634k€285k€660k▲ 132%
2021: €1.14Mhighest in 5 years
2022: €12k▼ -99.0% vs 2021
2023: €-634k▼ -5554% vs 2022lowest in 5 years
2024: €285k▲ +145% vs 2023
2025: €660k▲ +132% vs 2024
Net result€861k-€12k▼ 98.6%€-624k€494k€559k▲ 13.2%
2021: €861khighest in 5 years
2022: €12k▼ -98.6% vs 2021
2023: €-624k▼ -5432% vs 2022lowest in 5 years
2024: €494k▲ +179% vs 2023
2025: €559k▲ +13.2% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 132% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.24M
Fixed assets
€856k ▼ 24.1%
Current assets
€8.38M ▲ 7.4%
Equity and liabilities €9.24M
Equity
€6.55M ▲ 9.3%
Provisions
€400k ▼ 1.1%
Debt
€2.29M ▼ 9.9%
Debt's share of the balance-sheet total falls from 28.5% to 24.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.09M▲
2024 · €805k
Cash flow
€987k▼
2024 · €1.01M
Current ratio
3.66▲
2024 · 3.07
Quick ratio
3.01▲
2024 · 2.43
Debt to equity
0.35▼
2024 · 0.42
ROE
8.5%▲
2024 · 8.2%
ROA
6.0%▲
2024 · 5.5%
Interest coverage
5681.99▼
2024 · 40262524.00
Debt ≤ 1 year
€2.29M▼
2024 · €2.54M
Income taxes
€185k▲
2024 · €1k
Staff costs
€1.65M▼
2024 · €1.70M
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 · 69 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.94M€9.24M▲
Fixed assets21/28€1.13M€856k▼
Tangible fixed assets22/27€1.13M€855k▼
Land and buildings22€159k€173k▲
Plant, machinery and equipment23€820k€568k▼
Furniture and vehicles24€148k€114k▼
Financial fixed assets28€1k€1k=
Other financial fixed assets284/8€1k€1k=
Amounts receivable and cash guarantees285/8€1k€1k=
Current assets29/58€7.81M€8.38M▲
Stocks and contracts in progress3€1.62M€1.49M▼
Stocks30/36€1.62M€1.49M▼
Raw materials and consumables30/31€1.62M€1.49M▼
Amounts receivable within one year40/41€6.08M€6.46M▲
Trade receivables40€8k-
Other amounts receivable41€6.07M€6.46M▲
Deferred charges and accrued income490/1€115k€435k▲
Equity and liabilities
Total equity and liabilities10/49€8.94M€9.24M▲
Equity10/15€5.99M€6.55M▲
Contributions10/11€1.25M€1.25M=
Capital10€1.25M€1.25M=
Issued capital100€1.25M€1.25M=
Reserves13€125k€125k=
Non-distributable reserves130/1€125k€125k=
Legal reserve130€125k€125k=
Profit (loss) carried forward14€4.61M€5.17M▲
Provisions and deferred taxes16€404k€400k▼
Provisions for liabilities and charges160/5€404k€400k▼
Pensions and similar obligations160€4k-
Major repairs and maintenance162€400k€400k=
Amounts payable17/49€2.54M€2.29M▼
Amounts payable within one year42/48€2.54M€2.29M▼
Trade debts44€2.37M€2.09M▼
Suppliers440/4€2.37M€2.09M▼
Taxes, remuneration and social security45€172k€201k▲
Taxes450/3-€2k
Remuneration and social security454/9€172k€200k▲
Accrued charges and deferred income492/3-€881
Income statement
Code20242025
Operating income70/76A€30.33M€24.33M▼
Turnover70€30.32M€24.32M▼
Other operating income74€12k€14k▲
Operating charges60/66A€30.04M€23.67M▼
Goods for resale, raw materials and consumables60€23.40M€18.17M▼
Purchases600/8€22.38M€18.04M▼
Change in stocks: decrease (increase)609€1.02M€122k▼
Services and other goods61€3.89M€3.38M▼
Remuneration, social security and pensions62€1.70M€1.65M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€521k€428k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-19k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-668€-4k▼
Other operating charges640/8€533k€68k▼
Operating profit (loss)9901€285k€660k▲
Financial income75/76B€210k€83k▼
Recurring financial income75€67k€83k▲
Income from financial fixed assets750€67k€83k▲
Non-recurring financial income76B€142k-
Financial charges65/66B€0€191▲
Recurring financial charges65€0€191▲
Debt charges650-€191
Other financial charges652/9€0€0▼
Profit (loss) for the period before taxes9903€495k€743k▲
Income taxes67/77€1k€185k▲
Taxes670/3€1k€185k▲
Tax adjustments and reversals of tax provisions77-€395
Profit (loss) for the period9904€494k€559k▲
Profit (loss) for the period to be appropriated9905€494k€559k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.61M€5.17M▲
Profit (loss) brought forward from the previous period14P€4.12M€4.61M▲
Social balance
Average headcount (FTE)908727.926.6▼
The notes to these accounts (51 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €28.73M | €35.67M | €33.36M | €30.33M | €24.33M | ▼ 19.8% |
| Turnover70 | €28.72M | €35.66M | €33.34M | €30.32M | €24.32M | ▼ 19.8% |
| Other operating income74 | €5k | €6k | €16k | €12k | €14k | ▲ 19.8% |
| Operating charges60/66A | €27.59M | €35.66M | €33.99M | €30.04M | €23.67M | ▼ 21.2% |
| Goods for resale, raw materials and consumables60 | €21.98M | €28.61M | €26.74M | €23.40M | €18.17M | ▼ 22.4% |
| Purchases600/8 | €21.88M | €29.65M | €25.38M | €22.38M | €18.04M | ▼ 19.4% |
| Change in stocks: decrease (increase)609 | €93k | €-1.05M | €1.36M | €1.02M | €122k | ▼ 88.0% |
| Services and other goods61 | €2.74M | €4.11M | €4.27M | €3.89M | €3.38M | ▼ 13.0% |
| Remuneration, social security and pensions62 | €1.63M | €1.58M | €1.73M | €1.70M | €1.65M | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €507k | €481k | €513k | €521k | €428k | ▼ 17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €19k | - | €-19k | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-75k | €-325k | €-668 | €-4k | ▼ 572% |
| Other operating charges640/8 | €735k | €948k | €689k | €533k | €68k | ▼ 87.3% |
| Non-recurring operating charges66A | - | - | €353k | - | - | - |
| Operating profit (loss)9901 | €1.14M | €12k | €-634k | €285k | €660k | ▲ 132% |
| Financial income75/76B | €11k | €791 | €12k | €210k | €83k | ▼ 60.2% |
| Recurring financial income75 | €11k | €791 | €1k | €67k | €83k | ▲ 23.8% |
| Income from financial fixed assets750 | - | - | €964 | €67k | €83k | ▲ 23.8% |
| Other financial income752/9 | €11k | €791 | €60 | - | - | - |
| Non-recurring financial income76B | - | - | €11k | €142k | - | - |
| Financial charges65/66B | €62 | €3k | €20 | €0 | €191 | ▲ 957,250% |
| Recurring financial charges65 | €62 | €3k | €20 | €0 | €191 | ▲ 957,250% |
| Debt charges650 | - | €3k | - | - | €191 | - |
| Other financial charges652/9 | €62 | €112 | €20 | €0 | €0 | ▼ 50.0% |
| Profit (loss) for the period before taxes9903 | €1.15M | €9k | €-623k | €495k | €743k | ▲ 50.3% |
| Income taxes67/77 | €288k | €-3k | €1k | €1k | €185k | ▲ 18,360% |
| Taxes670/3 | €291k | - | €1k | €1k | €185k | ▲ 18,400% |
| Tax adjustments and reversals of tax provisions77 | €3k | €3k | - | - | €395 | - |
| Profit (loss) for the period9904 | €861k | €12k | €-624k | €494k | €559k | ▲ 13.2% |
| Profit (loss) for the period to be appropriated9905 | €861k | €12k | €-624k | €494k | €559k | ▲ 13.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.84M | €11.20M | €9.24M | €8.94M | €9.24M | ▲ 3.4% |
| Fixed assets21/28 | €1.61M | €1.22M | €1.13M | €1.13M | €856k | ▼ 24.1% |
| Tangible fixed assets22/27 | €1.61M | €1.22M | €1.13M | €1.13M | €855k | ▼ 24.1% |
| Land and buildings22 | €115k | €111k | €127k | €159k | €173k | ▲ 9.1% |
| Plant, machinery and equipment23 | €1.50M | €1.09M | €954k | €820k | €568k | ▼ 30.8% |
| Furniture and vehicles24 | - | €24k | €45k | €148k | €114k | ▼ 22.6% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Other financial fixed assets284/8 | €1k | €1k | €1k | €1k | €1k | = |
| Amounts receivable and cash guarantees285/8 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €9.22M | €9.97M | €8.11M | €7.81M | €8.38M | ▲ 7.4% |
| Stocks and contracts in progress3 | €2.95M | €3.99M | €2.63M | €1.62M | €1.49M | ▼ 7.6% |
| Stocks30/36 | €2.95M | €3.99M | €2.63M | €1.62M | €1.49M | ▼ 7.6% |
| Raw materials and consumables30/31 | €1.82M | €2.00M | €1.39M | €1.62M | €1.49M | ▼ 7.6% |
| Goods purchased for resale34 | €1.12M | €2.00M | €1.24M | - | - | - |
| Amounts receivable within one year40/41 | €5.69M | €5.86M | €5.35M | €6.08M | €6.46M | ▲ 6.2% |
| Trade receivables40 | €2.28M | €2.86M | €31k | €8k | - | - |
| Other amounts receivable41 | €3.41M | €3.00M | €5.32M | €6.07M | €6.46M | ▲ 6.3% |
| Deferred charges and accrued income490/1 | €583k | €119k | €130k | €115k | €435k | ▲ 279% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.84M | €11.20M | €9.24M | €8.94M | €9.24M | ▲ 3.4% |
| Equity10/15 | €6.11M | €6.12M | €5.50M | €5.99M | €6.55M | ▲ 9.3% |
| Contributions10/11 | €1.25M | €1.25M | €1.25M | €1.25M | €1.25M | = |
| Capital10 | €1.25M | €1.25M | €1.25M | €1.25M | €1.25M | = |
| Issued capital100 | €1.25M | €1.25M | €1.25M | €1.25M | €1.25M | = |
| Reserves13 | €125k | €125k | €125k | €125k | €125k | = |
| Non-distributable reserves130/1 | €125k | €125k | €125k | €125k | €125k | = |
| Legal reserve130 | €125k | €125k | €125k | €125k | €125k | = |
| Profit (loss) carried forward14 | €4.73M | €4.74M | €4.12M | €4.61M | €5.17M | ▲ 12.1% |
| Provisions and deferred taxes16 | €800k | €725k | €405k | €404k | €400k | ▼ 1.1% |
| Provisions for liabilities and charges160/5 | €800k | €725k | €405k | €404k | €400k | ▼ 1.1% |
| Pensions and similar obligations160 | - | - | €5k | €4k | - | - |
| Major repairs and maintenance162 | €800k | €725k | €400k | €400k | €400k | = |
| Amounts payable17/49 | €3.93M | €4.35M | €3.34M | €2.54M | €2.29M | ▼ 9.9% |
| Amounts payable within one year42/48 | €3.93M | €4.35M | €2.85M | €2.54M | €2.29M | ▼ 9.9% |
| Trade debts44 | €3.74M | €4.20M | €2.68M | €2.37M | €2.09M | ▼ 11.9% |
| Suppliers440/4 | €3.74M | €4.20M | €2.68M | €2.37M | €2.09M | ▼ 11.9% |
| Taxes, remuneration and social security45 | €193k | €156k | €173k | €172k | €201k | ▲ 16.9% |
| Taxes450/3 | €2k | - | - | - | €2k | - |
| Remuneration and social security454/9 | €191k | €156k | €173k | €172k | €200k | ▲ 16.0% |
| Accrued charges and deferred income492/3 | - | - | €488k | - | €881 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €861k | €12k | €-624k | €494k | €559k | ▲ 13.2% |
| + Depreciation and write-downs630 | €507k | €481k | €513k | €521k | €428k | ▼ 17.8% |
| Operating cash flow (approximation) | €1.37M | €492k | €-111k | €1.01M | €987k | ▼ 2.7% |
| Investment in fixed assets (approximation) | - | €-91k | €-416k | €-521k | €-156k | ▲ 70.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Back to profitnet €494k
Net result €494k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-624k
Net result drops to €-624k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 96 days late
2019
31-12
Financial
Highest result since 2018net €1.21M ▲31%
Operating result €1.74M, net result €1.21M, both a record.
31-12
Financial
Equity above €5MEq €6.11M ▲24.8%
2 profitable years in a row build equity to €6.11M.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
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.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Deinze · 2 establishment units since 1999
Ground area
3.1 ha
Building footprint
5,746 m²
Volume, LiDAR
114,939 m³
2 parcels, Flanders · tallest building 42.1 m, ±7 floors. Linked by address, not a title deed.
31
companies at this address
See who is registered here
2 establishment units
BK
since 19992.092.568.033
BK
since 19992.092.567.934
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0151/00L006 | Flanders | 1.7 ha | 1 · 315 m² | 10.9 m · 3 fl. |
| 44004C0214/00B002 | Flanders | 1.4 ha | 1 · 5,431 m² | 42.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.092.568.033
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BE 0461.415.043
Maaseik · Eq €4.09M
Of 71 companies in sector 10920 we hold annual accounts for 33. 17 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-08-1999
Fiscal year end31-12
Activities, NACEBEL 2025
10920Manufacture of food products
Scores and ratios are computed by Checked and are not a credit decision.