Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B.G.M. from Schaarbeek, company number BE0401283555, closed financial year 2025 with a result of € 39,459 after tax. For that financial year B.G.M. recorded a gross margin of € 154,143 and equity of € 1.8 million. Compared with financial year 2023, the result moved from € 12,918 to € 39,459. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 28, 2026.
€ 1.8 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,459
▲ 205% vs 2023
Profit after tax over the fiscal year.
€ 31,719
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -243,836.
Debts at end 2025
€ 322,239
▼ 35% vs 2023
€ 97,122 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,183
▼ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,708
▲ € 4,200 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 41,487 | € 124,098 | € 154,143 | ▲ 24% |
| Profit after taxes | € -21,982 | € 12,918 | € 39,459 | ▲ 205% |
| Equity | € 1,029,157 | € 1,745,721 | € 1,757,815 | ▲ 1% |
| Total debts | € 1,085,985 | € 1,030,951 | € 1,405,750 | ▲ 36% |
| Cash | € 26,219 | € 47,957 | € 31,719 | ▼ 34% |
| Land & buildings | € 2,088,923 | € 2,728,715 | € 3,066,474 | ▲ 12% |
| Retained profit | € -268,848 | € -255,930 | € -243,836 | ▲ € 12,094 |
| Bank debt | € 616,580 | € 495,981 | € 322,239 | ▼ 35% |
| Balance sheet total | € 2,115,142 | € 2,776,673 | € 3,163,566 | ▲ 14% |
Key figures of B.G.M., fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to B.G.M.?
What happened at B.G.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koen Vanreusel stepped down as director. NBB
- Bart Vanreusel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 39,459 (▲ 205% vs 2023). filed late Source: NBB ↗
- Koen Vanreusel became a director. NBB
- Bart Vanreusel became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brasschaat. KBO
In short
From € 21,982 loss in 2021 to € 39,459 profit in 2025.
Paid € 785 in corporate taxes since 2021.
Best year ever: 2025, with € 39,459 profit.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Bart Vanreusel
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Kwatrechtstraat 42
1030 Schaarbeek
Neervelden 21
2930 Brasschaat
Active since 1 August 1962
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.283.555
- VAT number
- BE 0401.283.555
- Registered office
- Kwatrechtstraat 42, 1030 Schaarbeek
- Names & denominations
- B.G.M. · Bogoma
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 30 Jan 2025