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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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 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BFD Europe from Antwerpen, company number BE0818006245, closed financial year 2025 with a result of € 1,083 after tax. For that financial year BFD Europe recorded a gross margin of € 6,558 and equity of € -1.8 million. Compared with financial year 2024, the result moved from € 3,109 to € 1,083. The company is profitable. 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 15, 2026.
€ -1.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,083
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 3,220
▼ 40% 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 € -1.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 25,759
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,093 | € 10,867 | € 12,412 | € 6,558 | ▼ 47% |
| Profit after taxes | € 6,246 | € 7,035 | € 3,109 | € 1,083 | ▼ 65% |
| Equity | € -1,827,714 | € -1,820,678 | € -1,817,569 | € -1,816,486 | |
| Total debts | € 1,844,721 | € 1,841,052 | € 1,842,601 | € 1,839,371 | |
| Cash | € 3,728 | € 708 | € 5,367 | € 3,220 | ▼ 40% |
| Retained profit | € -1,889,714 | € -1,882,678 | € -1,879,569 | € -1,878,486 | |
| Balance sheet total | € 17,007 | € 20,373 | € 25,032 | € 22,885 | ▼ 9% |
Key figures of BFD Europe, 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 BFD Europe?
What happened at BFD Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,083 (▼ 65% vs 2024). Source: NBB ↗
- Raoul Vaswani became a director. NBB
- Misha Vaswani became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,246 profit in 2022 to € 1,083 profit in 2025.
Best year ever: 2023, with € 7,035 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
Behind BFD Europe are Raoul Vaswani and Misha Vaswani.
Directors
According to the 2025 annual accounts
Raoul Vaswani
Managing director
since 2022
Misha Vaswani
Managing director
since 2022
Establishments
Establishment units
Physical locations of this company
Quellinstraat 49
2018 Antwerpen
Leopoldstraat 3
2000 Antwerpen
Active since 2 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →INTERNATIONAL DIAMONDS COMPANY
€ -1,676 gross margin · 2022
Tio
€ 5,236 gross margin · 2024
AGU BELGIE
€ 253,094 revenue · 2024
QAD EUROPE
WATS
€ 1.3 million revenue · 2025
+68 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
- 0818.006.245
- VAT number
- BE 0818.006.245
- Registered office
- Quellinstraat 49, 2018 Antwerpen
- Names & denominations
- BFD Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 2009
- Peppol
- Active · Active since 18 Dec 2025