Philippe BEDORET and Co
ActivePhilippe BEDORET and Co has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €21k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 3101 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+10
Solvency28▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.24 in 2024), and 80.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
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
19.8%
Return on assets
2.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
1 d early
2023
7 d late
2022
91 d late
2021
31 d late
2020
82 d early
2019
89 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€418k
EBIT margin
4.5%
Net result
€21k▲ 0.6%
2024 · €21k
2018: €-25k
2019: €878
2020: €-43k
2022: €55k
2023: €3k
2024: €21k
2018 → 2025
Working capital
€51k▼ 42.6%
2024 · €88k
2018: €83k
2019: €63k
2020: €19k
2022: €-190k
2023: €74k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€418k
Equity€70k-€177k▲ 151%€179k▲ 1.4%€200k▲ 11.9%€171k▼ 14.8%
Operating result€-35k-€60k€19k▼ 68.3%€34k▲ 79.9%€33k▼ 2.9%
Net result€-43k-€55k€3k▼ 95.3%€21k▲ 734%€21k▲ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €861k
Fixed assets
€459k▼ 6.4%
Current assets
€402k▼ 10.5%
Equity and liabilities €861k
Equity
€171k▼ 14.8%
Debt
€690k▼ 6.7%
The debt ratio rises from 78.7% to 80.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€65k▼
2024 · €66k
Cash flow
€53k▲
2024 · €53k
Solvency
19.8%▼
2024 · 21.3%
Current ratio
1.14▼
2024 · 1.24
Quick ratio
0.69▼
2024 · 0.76
Debt / equity
4.04▲
2024 · 3.69
ROE
12.5%▲
2024 · 10.6%
ROA
2.5%▲
2024 · 2.3%
Interest coverage
7.03▲
2024 · 5.66
Debt
€690k▼
2024 · €740k
Debt ≤ 1 year
€351k▼
2024 · €361k
Debt > 1 year
€321k▼
2024 · €362k
Income taxes
€3k▲
2024 · €2k
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€940k€861k▼
Fixed assets21/28€491k€459k▼
Tangible fixed assets22/27€459k€427k▼
Land and buildings22€445k€422k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€9k€2k▼
Financial fixed assets28€32k€33k▲
Current assets29/58€449k€402k▼
Stocks and contracts in progress3€175k€158k▼
Stocks30/36€175k€158k▼
Amounts receivable within one year40/41€258k€226k▼
Trade receivables40€227k€202k▼
Other amounts receivable41€31k€25k▼
Cash at bank and in hand54/58€16k€16k▲
Deferred charges and accrued income490/1€358€1k▲
Equity and liabilities
Total equity and liabilities10/49€940k€861k▼
Equity10/15€200k€171k▼
Contributions10/11€71k€71k=
Reserves13€93k€62k▼
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€78k€47k▼
Profit (loss) carried forward14€36k€38k▲
Amounts payable17/49€740k€690k▼
Amounts payable after more than one year17€362k€321k▼
Financial debts170/4€307k€267k▼
Other amounts payable178/9€54k€54k=
Amounts payable within one year42/48€361k€351k▼
Current portion of amounts payable after more than one year42€40k€40k▼
Financial debts43€50k€30k▼
Credit institutions430/8€50k€30k▼
Trade debts44€259k€241k▼
Suppliers440/4€259k€241k▼
Advances received on contracts in progress46€4k€5k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Other amounts payable47/48-€30k
Accrued charges and deferred income492/3€17k€18k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k=
Other operating charges640/8€8k€7k▼
Gross operating margin9900€74k€72k▼
Operating profit (loss)9901€34k€33k▼
Financial income75/76B€806€359▼
Recurring financial income75€806€359▼
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€23k€24k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€21k€21k▲
Profit (loss) for the period to be appropriated9905€21k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€58k▲
Profit (loss) brought forward from the previous period14P€35k€36k▲
Transfer from equity791/2-€51k
Transfer to equity691/2€20k€20k=
To other reserves6921€20k€20k=
Profit to be distributed694/7-€51k
Return on contributions (dividend)694-€51k
The notes to these accounts (10 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €200k ▲11.9%
3 profitable years in a row build equity to €200k.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Equity above €150kEq €177k ▲151%
Equity rises from €70k to €177k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-43k ▼5038%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €878
Net result €878 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Walcourt · 1 establishment unit since 2008
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.
Viscourt(Cle) 15650 WalcourtGround area
2,847 m²
Building footprint
750 m²
Parcel 93012A0131/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Philippe BEDORET and Co
since 20082.168.772.421
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93012A0131/00H000 | Wallonia | 2,847 m² | 1 · 750 m² | - |
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 siteWalcourt2.168.772.421
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Of 20,586 companies in sector 01500 we hold annual accounts for 1,144. 919 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-02-2008
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
66220Insurance agents and brokers
68322Real estate appraisal on a fee or contract basis
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.