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 34 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BSVC from Zulte, company number BE0460479586, closed financial year 2025 with a result of € -4,128 after tax. For that financial year BSVC recorded a gross margin of € 24,494 and equity of € 449,281. Compared with financial year 2024, the result moved from € 4,226 to € -4,128. 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 15, 2026.
€ 449,281
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,128
▼ still € 4,226 profit in 2024
Profit after tax over the fiscal year.
€ 49,340
▲ 143% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 430,689.
People and assets in 2025
€ 831
▼ 93% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 141,440
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 4,989
Supplier invoices still open on the last day of the fiscal year.
€ 1,347
▲ 1% 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 | € 661,539 | € 13,924 | € 27,574 | € 24,494 | ▼ 11% |
| Profit after taxes | € 467,527 | € -59,631 | € 4,226 | € -4,128 | ▼ € 8,354 |
| Equity | € 533,814 | € 474,183 | € 468,409 | € 449,281 | ▼ 4% |
| Total debts | € 31,490 | € 161,381 | € 157,815 | € 165,339 | ▲ 5% |
| Cash | € 306,118 | € 60,205 | € 20,322 | € 49,340 | ▲ 143% |
| Land & buildings | € 333,220 | € 640,923 | € 624,972 | € 608,951 | ▼ 3% |
| Retained profit | € 515,222 | € 455,591 | € 449,817 | € 430,689 | ▼ 4% |
| Dividend | € 0 | € 0 | € 10,000 | € 15,000 | ▲ 50% |
| Bank debt | € 18,419 | € 152,820 | € 147,161 | € 141,440 | ▼ 4% |
| Balance sheet total | € 678,454 | € 735,326 | € 722,774 | € 707,943 | ▼ 2% |
Key figures of BSVC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to BSVC?
What happened at BSVC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,128 (▼ € 8,354 vs 2024). Source: NBB ↗
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 467,527 profit in 2022 to € 4,128 loss in 2025.
Paid € 9,106 in corporate taxes since 2022.
Best year ever: 2022, with € 467,527 profit.
Paid out € 25,000 in dividends to the owners in total.
Management
Behind BSVC is Martine Desmet.
Directors
According to the 2025 annual accounts
Martine Desmet
Director
Establishments
Establishment units
Physical locations of this company
Zonnelaan 77
9870 Zulte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.479.586
- VAT number
- BE 0460.479.586
- Registered office
- Zonnelaan 77, 9870 Zulte
- Names & denominations
- BSVC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 1997
- Peppol
- Not registered