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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BSF from Bornem, company number BE0811433308, closed financial year 2025 with a result of € -5,771 after tax. For that financial year BSF recorded a gross margin of € -4,741 and equity of € -4,929. Compared with financial year 2024, the result moved from € 24,339 to € -5,771. The company made a loss. 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 September 10, 2026.
€ -4,929
▼ € 5,771 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,771
▼ still € 24,339 profit in 2024
Profit after tax over the fiscal year.
€ 0
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,529.
Debts at end 2025
€ 5,212
▲ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 29
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,655
▼ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,157 | € 3,462 | € 29,096 | € -4,741 | ▼ € 33,837 |
| Profit after taxes | € -22,365 | € 2,041 | € 24,339 | € -5,771 | ▼ € 30,110 |
| Equity | € -13,611 | € -23,497 | € 842 | € -4,929 | ▼ € 5,771 |
| Total debts | € 24,264 | € 24,064 | € 10,781 | € 6,954 | ▼ 35% |
| Cash | € 992 | € 47 | € 0 | € 0 | |
| Retained profit | € -32,211 | € -42,097 | € -17,758 | € -23,529 | ▼ € 5,771 |
| Bank debt | € 0 | € 4,757 | € 4,426 | € 5,212 | ▲ 18% |
| Balance sheet total | € 10,653 | € 567 | € 11,623 | € 2,025 | ▼ 83% |
Key figures of BSF, 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 BSF?
What happened at BSF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,771 (▼ € 30,110 vs 2024). filed late Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,365 loss in 2022 to € 5,771 loss in 2025.
Paid € 3,618 in corporate taxes since 2022.
Best year ever: 2024, with € 24,339 profit.
A new publication or filing at BSF? We notify you, reason included.
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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
Behind BSF are Steven Braet and Femke Saelens.
Directors
According to the 2025 annual accounts
Steven Braet
Director
Femke Saelens
Director
Establishments
Establishment units
Physical locations of this company
Desiré Van Hoomissenstraat(EIK) 8
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0811.433.308
- VAT number
- BE 0811.433.308
- Registered office
- Desiré Van Hoomissenstraat(EIK) 8, 2880 Bornem
- Names & denominations
- BSF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2009
- Peppol
- Active · Active since 2 Jun 2026
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