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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 10.6 to 8.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2026
BECARV from Liège, company number BE0840777885, closed financial year 2026 with a result of € -2.7 million after tax. For that financial year BECARV recorded a gross margin of € 110,653 and equity of € -2.6 million. Compared with financial year 2025, the result moved from € -1.5 million to € -2.7 million. 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 June 23, 2026.
€ -2.6 million
▼ € 3 million vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.7 million
▼ 80 % more loss than in 2025
Profit after tax over the fiscal year.
€ 28,953
▼ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.1 million.
People and assets in 2026
8
▼ 2.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 579,826
▼ 23% vs 2025
€ 72,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,428
▼ 46% vs 2025
Of which on lease € 1,018.
Debts at end 2026
€ 2.4 million
▲ 67% vs 2025
€ 146,668 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 223,487
▼ 60% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 49,393
▼ 37% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 773,177 | € 823,000 | € -453,316 | € 110,653 | ▲ € 563,969 |
| Profit after taxes | € 17,403 | € -115,342 | € -1,469,025 | € -2,651,426 | ▼ € 1.2 million |
| Equity | € 1,327,255 | € 1,107,600 | € 419,186 | € -2,554,995 | ▼ € 3 million |
| Total debts | € 1,528,402 | € 2,223,526 | € 2,066,090 | € 2,712,699 | ▲ 31% |
| Cash | € 657,087 | € 1,118,126 | € 145,325 | € 28,953 | ▼ 80% |
| Land & buildings | € 13,539 | € 39,480 | € 29,513 | € 0 | ▼ 100% |
| Retained profit | € 153,084 | € 37,742 | € -1,431,283 | € -4,082,709 | ▼ € 2.7 million |
| Bank debt | € 852,987 | € 1,783,289 | € 1,433,703 | € 2,397,567 | ▲ 67% |
| Balance sheet total | € 2,855,658 | € 3,331,126 | € 2,485,276 | € 307,356 | ▼ 88% |
| Employees (FTE) | 10.7 | 10.6 | 10.3 | 8 | ▼ 2.3 |
Key figures of BECARV, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BECARV?
What happened at BECARV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BECARV is active according to the CBE. Legal situation: Opening faillissement.
- NOSHAQ PARTNERS SCRL stepped down as director. NBB
- Jean Stephenne stepped down as director. NBB
- CAPITAL ET CROISSANCE SCRL stepped down as director. NBB
- Eric Jeanty stepped down as director. NBB
- JMICHAEL SRL stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 2.7 million. Source: NBB ↗
- New establishment in Liège. KBO
- Eric Jeanty became a director. NBB
In short
From € 17,403 profit in 2023 to € 2.7 million loss in 2026.
Paid € 2,716 in corporate taxes since 2023.
Best year ever: 2023, with € 17,403 profit.
On average € 13,800 of value added per employee in 2026.
A new publication or filing at BECARV? 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
The stake of INVESTSUD, NOSHAQ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BECARVThe shares are held by INVESTSUD (43.3%) and NOSHAQ (24.4%).
Directors
According to the 2026 annual accounts
Director · represented by Patrick Stragier
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +169 more
since 2022 · until 2027
Jean Stephenne
Director
Also active at: NANOCYL, WEL Research Institute, BePharBel, BePharBel Manufacturing
since 2021 · until 2027
Director · represented by Pierre DETRIXHE
Also active at: CONCEPTEXPO GROUP, COLONA, MEGAFORM, SUPERPLASTIC, SOCIETE COMMERCIALE ET INDUSTRIELLE, BAUWENS ROGER, SOGECAM, HORUS SOFTWARE +29 more
since 2021 · until 2027
Eric Jeanty
Chairman of the board
since 2024 · until 2027
Managing director · represented by Michael Jeanty
since 2021 · until 2027
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boulevard de Patience et Beaujonc 3 box 26
4000 Liège
Rue de la Griotte 15 box 1
5580 Rochefort
Active since 25 October 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →Hyloris Developments
€ 5.1 million revenue · 2025
ONCORADIOMICS same network
€ 2.4 million gross margin · 2025
DERMAX
€ 1.6 million revenue · 2025
Hyloris
€ 384,852 revenue · 2025
Hyloris Pharmaceuticals same network
€ 3.8 million revenue · 2025
+19 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
- 0840.777.885
- VAT number
- BE 0840.777.885
- Registered office
- Boulevard de Patience et Beaujonc 3 bus 26, 4000 Liège
- Names & denominations
- BECARV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 3 November 2011
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
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