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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BGKM from Nandrin, company number BE0785806995, closed financial year 2025 with a result of € 146,392 after tax. For that financial year BGKM recorded a gross margin of € 220,019 and equity of € -166,400. Compared with financial year 2024, the result moved from € -89,311 to € 146,392. 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 July 19, 2026.
€ -166,400
▲ € 146,392 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,392
▲ still € 89,311 loss in 2024
Profit after tax over the fiscal year.
€ 23,912
▼ 3% 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 € -266,400.
People and assets in 2025
€ 52,718
▲ 5% 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.
€ 14,800
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 255,122
▼ 21% vs 2024
€ 66,464 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 19,771
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,975
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -89,328 | € -74,235 | € 30 | € 220,019 | ▲ € 219,989 |
| Profit after taxes | € -146,099 | € -177,382 | € -89,311 | € 146,392 | ▲ € 235,703 |
| Equity | € -46,099 | € -223,481 | € -312,792 | € -166,400 | ▲ € 146,392 |
| Total debts | € 506,176 | € 691,609 | € 689,483 | € 602,513 | ▼ 13% |
| Cash | € 47,376 | € 14,382 | € 24,664 | € 23,912 | ▼ 3% |
| Retained profit | € -146,099 | € -323,481 | € -412,792 | € -266,400 | ▲ € 146,392 |
| Bank debt | € 401,535 | € 394,716 | € 321,027 | € 255,122 | ▼ 21% |
| Balance sheet total | € 460,078 | € 468,128 | € 376,691 | € 436,113 | ▲ 16% |
Key figures of BGKM, 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 BGKM?
What happened at BGKM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146,392. Source: NBB ↗
- New establishment in Marche-en-Famenne. KBO
- New establishment in Nandrin. KBO
- Benjamin Gustin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 146,099 loss in 2022 to € 146,392 profit in 2025.
Paid € 1,196 in corporate taxes since 2022.
Best year ever: 2025, with € 146,392 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Benjamin Gustin
Administrator-manager
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de la Bouhaie 26
4550 Nandrin
Marche, Rue du Parc Industriel 34
6900 Marche-en-Famenne
Active since 22 August 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.806.995
- VAT number
- BE 0785.806.995
- Registered office
- Rue de la Bouhaie 26, 4550 Nandrin
- Names & denominations
- BGKM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2022
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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