Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BIVACO from Wielsbeke, company number BE0445342143, closed financial year 2025 with a result of € -30,801 after tax. For that financial year BIVACO recorded a gross margin of € 43,510 and equity of € 376,891. Compared with financial year 2024, the result moved from € -40,123 to € -30,801. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 376,891
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,801
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 153,598
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 29,840.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 78
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,371
▼ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,827 | € 50,090 | € 40,707 | € 43,510 | ▲ 7% |
| Profit after taxes | € -40,007 | € -23,964 | € -40,123 | € -30,801 | ▲ € 9,322 |
| Equity | € 471,779 | € 447,815 | € 407,692 | € 376,891 | ▼ 8% |
| Total debts | € 591,358 | € 588,775 | € 604,660 | € 601,087 | ▼ 1% |
| Cash | € 108,592 | € 127,157 | € 146,422 | € 153,598 | ▲ 5% |
| Land & buildings | € 984,043 | € 938,657 | € 893,271 | € 850,146 | ▼ 5% |
| Retained profit | € 124,728 | € 100,764 | € 60,641 | € 29,840 | ▼ 51% |
| Balance sheet total | € 1,097,326 | € 1,068,642 | € 1,042,267 | € 1,005,757 | ▼ 4% |
Key figures of BIVACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BIVACO?
What happened at BIVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,801. Source: NBB ↗
- Jolive Billiet became a director. NBB
- Yves Billiet became a director. NBB
- Sophie Billiet became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,007 loss in 2022 to € 30,801 loss in 2025.
Management
Behind BIVACO are Jolive Billiet, Yves Billiet and Sophie Billiet. Jolive Billiet is also behind Impact. Sophie Billiet is also behind QUESTER.
Establishments
Establishment units
Physical locations of this company
Kastanjestraat 4
8710 Wielsbeke
Molenstraat 66 box 21
8790 Waregem
Active since 13 September 1993
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
- 0445.342.143
- VAT number
- BE 0445.342.143
- Registered office
- Kastanjestraat 4, 8710 Wielsbeke
- Names & denominations
- BIVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1991
- Peppol
- Active · Active since 23 Feb 2025