BSP ASSOCIES
ActiveThe computed 12-month bankruptcy probability of BSP ASSOCIES is 2.7% (moderate). The 2025 annual accounts show equity of €14k and a net result of €-12k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 799 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-86
Solvency77▼-7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.76 in 2024; short-term debt: 47.6% and cash: 58.5% of total assets), and 47.6% of the assets are financed with debt.
Credit advice 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 56
Relative position
BE, all sectors
reference
Sector 56
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
52.4%
Return on assets
-46.1%
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
76 d early
2023
68 d early
2022
66 d early
2021
60 d early
2020
71 d early
2019
42 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k
2024 · €7k
2018: €2k
2019: €10k
2020: €7k
2021: €4k
2022: €9k
2023: €-17k
2024: €7k
2018 → 2025
Working capital
€4k▼ 68.5%
2024 · €14k
2018: €-12k
2019: €-2k
2020: €9k
2021: €-169
2022: €15k
2023: €3k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€35k▲ 33.9%€18k▼ 48.5%€25k▲ 39.4%€14k▼ 46.8%
Operating result€2k-€11k▲ 499%€-7k€9k€-11k
Net result€4k-€9k▲ 101%€-17k€7k€-12k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€9k▼ 22.1%
Current assets
€17k▼ 47.1%
Equity and liabilities €26k
Equity
€14k▼ 46.8%
Debt
€12k▼ 30.9%
The debt ratio rises from 41.1% to 47.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €13k
Cash flow
€-8k▼
2024 · €11k
Solvency
52.4%▼
2024 · 58.9%
Current ratio
1.35▼
2024 · 1.76
Quick ratio
1.23▼
2024 · 1.60
Debt / equity
0.91▲
2024 · 0.70
ROE
-87.9%▼
2024 · 28.2%
ROA
-46.1%▼
2024 · 16.6%
Interest coverage
-5.37▼
2024 · 5.55
Debt
€12k▼
2024 · €18k
Debt ≤ 1 year
€12k▼
2024 · €18k
Income taxes
€13▼
2024 · €184
Staff costs
€56k▲
2024 · €51k
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€43k€26k▼
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€6k€3k▼
Other tangible fixed assets26€330-
Financial fixed assets28€5k€5k▲
Current assets29/58€31k€17k▼
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Cash at bank and in hand54/58€28k€15k▼
Equity and liabilities
Total equity and liabilities10/49€43k€26k▼
Equity10/15€25k€14k▼
Contributions10/11€25k€25k=
Reserves13€131€131=
Non-distributable reserves130/1€131€131=
Reserves not available under the articles1311€131€131=
Profit (loss) carried forward14€463€-11k▼
Amounts payable17/49€18k€12k▼
Amounts payable within one year42/48€18k€12k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€51k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€65k€51k▼
Operating profit (loss)9901€9k€-11k▼
Financial income75/76B€401€43▼
Recurring financial income75€401€43▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€7k€-12k▼
Income taxes67/77€184€13▼
Profit (loss) for the period9904€7k€-12k▼
Profit (loss) for the period to be appropriated9905€7k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€463€-11k▼
Profit (loss) brought forward from the previous period14P€-7k€463▲
Social balance
Average headcount (FTE)90872.52.0▼
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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-17k ▼292%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.26
Current ratio from 0.99 to 2.26; short-term debt falls from €29k to €12k.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 3.08
Current ratio from 0.90 to 3.08; short-term debt falls from €18k to €4k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €10k ▲433%
Operating result €14k, net result €10k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
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
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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2000
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.
Moskoustraat 71060 Sint-Gillis (bij-Brussel)Ground area
178 m²
Building footprint
168 m²
Volume, LiDAR
3,557 m³
Parcel 21013B0116/00H006, Brussels · tallest building 25.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
AUX MILLE ET UNE NUITS
since 20002.096.588.979
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0116/00H006 | Brussels | 178 m² | 1 · 168 m² | 25.6 m · 8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.096.588.979
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Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 7,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-1999
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.