BYCO
BYCO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €-17k. Equity is shrinking by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 8920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €22k |
| Net result | €-17k |
| Better than sector | 39% |
| Active | 26 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 20.6% | 31.5% | |
| Net result | €-17k | €11k | |
| Equity | €22k | €330k | |
| Gross operating margin | €-8k | €93k | |
| Total assets | €107k | €1.42M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-10k | €3k | €-8k | €-14k | €16k |
| Net profit | €-17k | €-5k | €-17k | €437 | €15k |
| Cash flow | €-16k | €-5k | €-17k | €681 | €16k |
| Staff costs | - | - | - | - | - |
| Income taxes | €1k | €1k | €1k | €1k | €736 |
| Dividends | - | - | - | - | - |
| Total assets | €107k | €86k | €83k | €76k | €126k |
| Equity | €22k | €38k | €44k | €61k | €110k |
| Debt | €85k | €48k | €40k | €15k | €15k |
| of which ≤ 1y | €84k | €48k | €39k | €15k | €15k |
| of which > 1y | - | - | - | - | - |
| Working capital | €22k | €38k | €43k | €60k | €109k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.26 | 1.79 | 2.10 | 5.02 | 8.06 |
| Quick ratio | 1.26 | 1.79 | 2.10 | 5.02 | 8.06 |
| Working capital ratio | 20.7% | 43.6% | 51.6% | 78.7% | 86.7% |
| Solvency | 20.6% | 44.6% | 52.4% | 80.0% | 87.7% |
| Debt / equity | 3.85 | 1.24 | 0.91 | 0.25 | 0.14 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -1.82 | 0.47 | -1.00 | -3.14 | 5.41 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -15.5% | -5.8% | -21.0% | 0.6% | 11.6% |
| ROE | -75.1% | -13.0% | -40.1% | 0.7% | 13.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €107k | €86k | €83k | €76k | €126k |
| Fixed assets | 21/28 | €619 | €863 | €1k | €1k | €1k |
| Tangible fixed assets | 22/27 | €244 | €488 | €732 | €976 | €1k |
| Financial fixed assets | 28 | €375 | €375 | €375 | €375 | - |
| Current assets | 29/58 | €106k | €85k | €82k | €75k | €125k |
| Amounts receivable within one year | 40/41 | €104k | €69k | €27k | €31k | €50k |
| Investments | 50/53 | - | - | - | €0 | €47k |
| Cash & bank | 54/58 | €0 | €14k | €50k | €39k | €21k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k | €86k | €83k | €76k | €126k |
| Equity | 10/15 | €22k | €38k | €44k | €61k | €110k |
| Contributions / capital | 10/11 | €136k | €136k | €136k | €136k | €186k |
| Accumulated profits (losses) | 14 | €-114k | €-98k | €-92k | €-75k | €-76k |
| Amounts payable | 17/49 | €85k | €48k | €40k | €15k | €15k |
| Amounts payable within one year | 42/48 | €84k | €48k | €39k | €15k | €15k |
| Trade debts payable within one year | 44 | €923 | €4k | €6k | €4k | €7k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-8k | €5k | €11k | €-11k | €20k |
| Operating result | 9901 | €-10k | €3k | €-8k | €-14k | €15k |
| Financial income | 75 | - | €0 | €0 | €20k | €3k |
| Financial charges | 65 | €5k | €7k | €8k | €4k | €3k |
| Result before taxes | 9903 | €-15k | €-4k | €-16k | €2k | €15k |
| Income taxes | 67/77 | €1k | €1k | €1k | €1k | €736 |
| Net result for the period | 9904 | €-17k | €-5k | €-17k | €437 | €15k |
| Result to be appropriated | 9905 | €-17k | €-5k | €-17k | €437 | €15k |
| NACE primary | Real estate agency activities(68310) |
| Legal form | Public limited company(014) |
| Incorporation | 13-07-2000 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322B0201/00A004 | Flanders | 2,507 m² | 1 · 185 m² | 7.4 m · 2 fl. |
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.
13-02-2025 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
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{
"kind": "substantive_delegation",
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"person": {
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"name": "BIJVOET Bruno",
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{
"kind": "substantive_delegation",
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"via_org": {
"kbo": "0466.535.158",
"name": "A\u0026B KMO - Partners",
"address": "Jaarbeurslaan 21 bus 41, 3600 Genk",
"country": "BE",
"legal_form": "besloten vennootschap"
},
"statutory": "statutair",
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"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
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},
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"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": "Sofie Janssen",
"firm_city": null,
"firm_name": null,
"office_city": "Hasselt",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-02-13",
"filing_date": "2025-02-11",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-12-19",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0472.377.033",
"name_full": "BYCO",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sofie JANSSEN",
"org_rep_person_name": null,
"person_role_at_subject": "Geassocieerd notaris"
},
"co_filed_documents": [
"een uitgifte van de nog niet geregistreerde akte",
"de geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}29-06-2022 Capital decrease of €50,000 to €136,000
- €186.000 → €136.000
Technical details
{
"events": [
{
"kind": "capital_decrease",
"after_eur": 136000.0,
"delta_eur": -50000.0,
"before_eur": 186000.0,
"share_emission": {
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"share_form": null,
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"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": "distribution_to_shareholders",
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": 50000.0,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Eric GILISSEN",
"firm_city": null,
"firm_name": "GILISSEN \u0026 JANSSEN",
"office_city": "Hasselt",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-06-29",
"filing_date": "2022-06-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
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"act_date": "2022-06-17",
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"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
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},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameNL | BYCO |