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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B S from Kortrijk, company number BE0470539476, closed financial year 2025 with a result of € 18,541 after tax. For that financial year B S recorded a gross margin of € 141,827 and equity of € 35,261. Compared with financial year 2024, the result moved from € 15,968 to € 18,541. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 35,261
▲ 111% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,541
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 124,159
▲ 158% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 35,207.
People and assets in 2025
€ 109,229
▲ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,402
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,760
▲ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 68,074
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 186,067 | € 219,826 | € 128,953 | € 141,827 | ▲ 10% |
| Profit after taxes | € 51,149 | € 78,318 | € 15,968 | € 18,541 | ▲ 16% |
| Equity | € 346,044 | € 413,362 | € 16,720 | € 35,261 | ▲ 111% |
| Total debts | € 396,093 | € 274,954 | € 225,401 | € 254,545 | ▲ 13% |
| Cash | € 148,594 | € 82,425 | € 48,150 | € 124,159 | ▲ 158% |
| Land & buildings | € 433,831 | € 412,611 | - | - | |
| Retained profit | € 316,044 | € 383,362 | € 16,665 | € 35,207 | ▲ 111% |
| Dividend | € 15,000 | € 11,000 | € 0 | € 0 | |
| Bank debt | € 288,103 | € 80,000 | € 0 | € 0 | |
| Balance sheet total | € 742,137 | € 688,316 | € 242,121 | € 289,806 | ▲ 20% |
| Employees (FTE) | 2 | 1.9 | 2.1 | - |
Key figures of B S, 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 B S?
What happened at B S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,541 (▲ 16% vs 2024). Source: NBB ↗
- Arena's BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,149 profit in 2022 to € 18,541 profit in 2025.
Paid € 61,777 in corporate taxes since 2022.
Best year ever: 2023, with € 78,318 profit.
On average € 61,400 of value added per employee in 2024.
Management
Behind B S is Arena's BV.
Directors
According to the 2025 annual accounts
Director · represented by Angelo Arena
since 2024
Establishments
Establishment units
Physical locations of this company
Voorstraat(Kor) 17
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0470.539.476
- VAT number
- BE 0470.539.476
- Registered office
- Voorstraat(Kor) 17, 8500 Kortrijk
- Names & denominations
- B S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2000
- Peppol
- Active · Active since 8 Apr 2025
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