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 41 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opschorting (gerechtelijke reorganisatie) according to the CBE.
Financials
Financial year 2025
B.P.M. from Couvin, company number BE0477732324, closed financial year 2025 with a result of € -523,979 after tax. For that financial year B.P.M. recorded revenue of € 3.5 million and equity of € 727,740. Compared with financial year 2024, the result moved from € 187,518 to € -523,979. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 727,740
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -523,979
▼ still € 187,518 profit in 2024
Profit after tax over the fiscal year.
€ 16,871
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 498,743.
People and assets in 2025
16
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 867,490
▲ 13% vs 2024
€ 54,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.9 million
▼ 18% vs 2024
Of which on lease € 1.8 million.
Debts at end 2025
€ 2.2 million
▼ 25% vs 2024
€ 369,027 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.8 million
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 315,272
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,407,653 | € 4,259,726 | € 4,295,944 | € 3,481,156 | ▼ 19% |
| Gross margin | € 1,843,721 | € 2,086,643 | € 2,057,250 | € 1,392,451 | ▼ 32% |
| Profit after taxes | € 350,675 | € 263,671 | € 187,518 | € -523,979 | ▼ € 711,497 |
| Equity | € 951,430 | € 1,243,391 | € 1,261,818 | € 727,740 | ▼ 42% |
| Total debts | € 4,731,443 | € 4,629,299 | € 5,227,682 | € 4,772,448 | ▼ 9% |
| Cash | € 38,485 | € 3,240 | € 13,043 | € 16,871 | ▲ 29% |
| Land & buildings | € 2,044,685 | € 2,199,559 | € 2,202,332 | € 2,013,736 | ▼ 9% |
| Retained profit | € 691,533 | € 935,204 | € 1,022,722 | € 498,743 | ▼ 51% |
| Dividend | € 120,000 | € 20,000 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 2,283,759 | € 2,466,021 | € 2,886,654 | € 2,156,040 | ▼ 25% |
| Balance sheet total | € 5,743,040 | € 5,952,967 | € 6,541,005 | € 5,547,487 | ▼ 15% |
| Employees (FTE) | 13.4 | 14.7 | 15 | 16 | ▲ 1 |
Key figures of B.P.M., 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.P.M.?
What happened at B.P.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 523,979 (▼ € 711,497 vs 2024). Source: NBB ↗
- New establishment in Chimay. KBO
- New establishment in Charleroi. KBO
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 350,675 profit in 2022 to € 523,979 loss in 2025.
Paid € 119,824 in corporate taxes since 2022.
Best year ever: 2022, with € 350,675 profit.
On average € 87,000 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue du Karting 9
5660 Couvin
Route Charlemagne(BLX) 11
6464 Chimay
Active since 1 January 2024
Rue Chapelle Baussart 220
6001 Charleroi
Active since 1 January 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.732.324
- VAT number
- BE 0477.732.324
- Registered office
- Rue du Karting 9, 5660 Couvin
- Names & denominations
- B.P.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opschorting (gerechtelijke reorganisatie)
- Start date
- 13 June 2002
- Peppol
- Active · Active since 13 Aug 2025
- Activities · NACE
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