Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B.P.O. from Oudenaarde, company number BE0644807993, closed financial year 2025 with a result of € 20,474 after tax. For that financial year B.P.O. recorded a gross margin of € 162,615 and equity of € -229,404. Compared with financial year 2024, the result moved from € -142,711 to € 20,474. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.
€ -229,404
▲ € 20,474 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,474
▲ still € 142,711 loss in 2024
Profit after tax over the fiscal year.
€ 404,119
▲ 274% 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 € -249,404.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.6 million
▼ 18% vs 2024
€ 48,816 is repaid this year. At this pace the long-term loan is gone in ≈ 54 years.
€ 272,843
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,490 | € 59,224 | € 60,038 | € 162,615 | ▲ 171% |
| Profit after taxes | € -61,955 | € -84,301 | € -142,711 | € 20,474 | ▲ € 163,185 |
| Equity | € -22,867 | € -107,168 | € -249,878 | € -229,404 | ▲ € 20,474 |
| Total debts | € 3,255,269 | € 5,519,038 | € 5,185,112 | € 4,787,492 | ▼ 8% |
| Cash | € 40,689 | € 8,165 | € 108,130 | € 404,119 | ▲ 274% |
| Retained profit | € -42,867 | € -127,168 | € -269,878 | € -249,404 | ▲ € 20,474 |
| Bank debt | € 1,500,000 | € 3,689,077 | € 3,219,010 | € 2,640,302 | ▼ 18% |
| Balance sheet total | € 3,232,402 | € 5,411,871 | € 4,935,234 | € 4,558,088 | ▼ 8% |
Key figures of B.P.O., 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 April 2027.
What happened to B.P.O.?
What happened at B.P.O. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,474. Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,955 loss in 2022 to € 20,474 profit in 2025.
Best year ever: 2025, with € 20,474 profit.
Management
The stake of IncaF, Tack Rental Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B.P.O.Behind B.P.O. are INCAF BV, GILLAU VOF and TACK RENTAL SERVICES BV. The shares are held by IncaF (33.3%) and Tack Rental Services (33.3%). It owns 100% of HF Motor and 75% of B.P.O. Real Estate itself.
Directors
According to the 2025 annual accounts
Director · represented by JOHAN FRANCEUS
Also active at: ALGEMENE ONDERNEMINGEN ROBERT WYCKAERT, H.F. MOTOR, Conneqtr, B.P.O. Real Estate
Director · represented by PETER DE SCHEERDER
Also active at: H.F. MOTOR, BETHOLD, B.P.O. Real Estate, CARDISOL
Director · represented by Harry VANDENABEELE
Also active at: H.F. MOTOR, B.P.O. Real Estate
Shareholders
33.3%
33.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Jezuietenplein 21
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →TACK
€ 954,599 gross margin · 2025
H.F. MOTOR same network
€ -713 gross margin · 2025
B.P.O. Real Estate same network
€ 60,543 gross margin · 2025
T-BOX
€ 86,795 gross margin · 2025
GTO AUTOMOTIVE
€ 105,039 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.807.993
- VAT number
- BE 0644.807.993
- Registered office
- Jezuietenplein 21, 9700 Oudenaarde
- Names & denominations
- B.P.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2015
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Bouwrijp maken van terreinen
Activiteiten van syndici van onroerend goed