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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BM.Co from Kelmis, company number BE0772682204, closed financial year 2025 with a result of € 15,082 after tax. For that financial year BM.Co recorded a gross margin of € 32,165 and equity of € 85,608. Compared with financial year 2024, the result moved from € 33,018 to € 15,082. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 85,608
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,082
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 1,472
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12,000 paid out
80 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,169
▲ 264% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23,533
€ 5,712 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,969
▲ € 1,833 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,800
▼ 59% 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 | € 63,827 | € 56,493 | € 51,500 | € 32,165 | ▼ 38% |
| Profit after taxes | € 4,475 | € 40,488 | € 33,018 | € 15,082 | ▼ 54% |
| Equity | € 15,853 | € 55,508 | € 82,526 | € 85,608 | ▲ 4% |
| Total debts | € 10,428 | € 8,080 | € 29,330 | € 55,400 | ▲ 89% |
| Cash | € 17,818 | € 55,246 | € 93,968 | € 1,472 | ▼ 98% |
| Retained profit | € 13,353 | € 53,008 | € 80,026 | € 83,108 | ▲ 4% |
| Dividend | € 800 | € 833 | € 6,000 | € 12,000 | ▲ 100% |
| Bank debt | € 0 | € 0 | € 0 | € 23,533 | |
| Balance sheet total | € 26,281 | € 63,588 | € 111,856 | € 141,008 | ▲ 26% |
Key figures of BM.Co, 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 BM.Co?
What happened at BM.Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,082 (▼ 54% vs 2024). Source: NBB ↗
- New establishment in Kelmis. KBO
- Start of the company according to the CBE. KBO
- Joseph Bulkaert became a director. NBB
In short
From € 4,475 profit in 2022 to € 15,082 profit in 2025.
Paid € 39,529 in corporate taxes since 2022.
Best year ever: 2023, with € 40,488 profit.
Paid out € 19,633 in dividends to the owners in total.
Management
Behind BM.Co is Joseph Bulkaert.
Directors
According to the 2025 annual accounts
Joseph Bulkaert
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Käskorb 20
4721 Kelmis
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0772.682.204
- VAT number
- BE 0772.682.204
- Registered office
- Rue Käskorb 20, 4721 Kelmis
- Names & denominations
- BM.Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 2021
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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