BMG SERVICES
ActiveBMG SERVICES has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €-42k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 48% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-1
Solvency67▼-22
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.4 in 2024; short-term debt: 46.1% and cash: 8.4% of total assets), and 57.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.1%
Return on assets
-28.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-42k
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
7 d late
2023
42 d late
2022
30 d late
2021
25 d late
2020
31 d late
2019
52 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-42k▼ 77.1%
2024 · €-24k
2018: €-20k
2019: €-17k
2020: €25k
2021: €10k
2022: €-10k
2023: €5k
2024: €-24k
2018 → 2025
Working capital
€12k▼ 50.0%
2024 · €24k
2018: €36k
2019: €25k
2020: €45k
2021: €64k
2022: €45k
2023: €40k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€124k▼ 7.3%€129k▲ 4.1%€105k▼ 18.6%€63k▼ 40.4%
Operating result€10k-€-9k€9k€-23k€-39k▼ 70.1%
Net result€10k-€-10k€5k€-24k€-42k▼ 77.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €39k in 2025 against €23k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€68k▼ 15.9%
Current assets
€80k▼ 3.5%
Equity and liabilities €149k
Equity
€63k▼ 40.4%
Debt
€86k▲ 44.7%
The debt ratio rises from 36.2% to 57.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-22k▼
2024 · €-5k
Cash flow
€-25k▼
2024 · €-7k
Solvency
42.1%▼
2024 · 63.8%
Current ratio
1.17▼
2024 · 1.40
Quick ratio
1.17▼
2024 · 1.40
Debt / equity
1.38▲
2024 · 0.57
ROE
-67.7%▼
2024 · -22.8%
ROA
-28.5%▼
2024 · -14.5%
Interest coverage
-5.76▼
2024 · -4.45
Debt
€86k▲
2024 · €59k
Debt ≤ 1 year
€68k▲
2024 · €59k
Staff costs
€9k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€164k€149k▼
Fixed assets21/28€81k€68k▼
Tangible fixed assets22/27€71k€59k▼
Land and buildings22€26k€24k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€36k€26k▼
Financial fixed assets28€10k€10k▼
Current assets29/58€83k€80k▼
Amounts receivable within one year40/41€54k€58k▲
Trade receivables40€16k€25k▲
Other amounts receivable41€37k€33k▼
Cash at bank and in hand54/58€29k€12k▼
Deferred charges and accrued income490/1€213€10k▲
Equity and liabilities
Total equity and liabilities10/49€164k€149k▼
Equity10/15€105k€63k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€86k€44k▼
Amounts payable17/49€59k€86k▲
Amounts payable within one year42/48€59k€68k▲
Trade debts44€15k€5k▼
Suppliers440/4€15k€5k▼
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€10k€7k▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€33k€54k▲
Accrued charges and deferred income492/3-€18k
Income statement
Code20242025
Remuneration, social security and pensions62€9k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▼
Other operating charges640/8€4k€254▼
Gross operating margin9900€8k€-13k▼
Operating profit (loss)9901€-23k€-39k▼
Financial income75/76B€81€196▲
Recurring financial income75€81€196▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€-24k€-42k▼
Profit (loss) for the period9904€-24k€-42k▼
Profit (loss) for the period to be appropriated9905€-24k€-42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€44k▼
Profit (loss) brought forward from the previous period14P€110k€86k▼
Social balance
Average headcount (FTE)90870.30.3=
The notes to these accounts (9 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 7 days late
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €123k ▲24.9%
Equity rises from €99k to €123k.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gouvy · 1 establishment unit since 2002
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.
Deiffelt 136672 Gouvy1 establishment unit
Deiffelt 13, 6672 Gouvy
since 20022.098.883.624
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,175 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2002
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.