Bbelt
ActiveSummary
Bbelt has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €353,528 and a net result of -€484. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 71% of 510 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-2
Solvency87▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.84 against 2.24 in 2023; short-term debt: 31.1% and cash: 16.1% of total assets), and 37.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
62.3%
Return on assets
-0.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
20 d late
2022
17 d early
2021
16 d early
2020
18 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
-€484
2023 · €10,093
Working capital
€323,775▲ 2.9%
2023 · €314,553
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€75,244▼ 30.2%€4,522▼ 94.0%€69,719▲ 1,442%€18,630▼ 73.3%€5,952▼ 68.1%
Net result€66,142within the sector's middle half▼ 31.1%€330below the sector's middle half▼ 99.5%€47,614within the sector's middle half▲ 14,313%€10,093within the sector's middle half▼ 78.8%-€484below the sector's middle half
Equity€345,976below the sector's middle half▲ 1.8%€346,306within the sector's middle half▲ 0.1%€343,920within the sector's middle half▼ 0.7%€354,013below the sector's middle half▲ 2.9%€353,528within the sector's middle half▼ 0.1%
Total assets€702,600below the sector's middle half▲ 10.2%€717,801below the sector's middle half▲ 2.2%€644,246below the sector's middle half▼ 10.2%€618,844below the sector's middle half▼ 3.9%€567,481below the sector's middle half▼ 8.3%
Debt€356,624▲ 19.8%€371,495▲ 4.2%€300,326▼ 19.2%€264,832▼ 11.8%€213,953▼ 19.2%
Working capital€324,573within the sector's middle half▼ 1.0%€325,241within the sector's middle half▲ 0.2%€312,009within the sector's middle half▼ 4.1%€314,553within the sector's middle half▲ 0.8%€323,775within the sector's middle half▲ 2.9%
Solvency49.2%within the sector's middle half▼ 4.1pp48.2%within the sector's middle half▼ 1.0pp53.4%within the sector's middle half▲ 5.1pp57.2%within the sector's middle half▲ 3.8pp62.3%within the sector's middle half▲ 5.1pp
Current ratio2.02within the sector's middle half▼ 0.121.93within the sector's middle half▼ 0.082.14within the sector's middle half▲ 0.212.24within the sector's middle half▲ 0.102.84within the sector's middle half▲ 0.59
Return on assets (ROA)9.4%above the sector's middle half▼ 5.7pp0.0%below the sector's middle half▼ 9.4pp7.4%within the sector's middle half▲ 7.3pp1.6%within the sector's middle half▼ 5.8pp-0.1%below the sector's middle half▼ 1.7pp
Staff (FTE)3.8below the sector's middle half▲ 26.7%4within the sector's middle half▲ 5.3%3.9within the sector's middle half▼ 2.5%4.5below the sector's middle half▲ 15.4%4within the sector's middle half▼ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 68% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €567,481
Fixed assets
€67,391 ▲ 32.4%
Current assets
€500,090 ▼ 11.9%
Equity and liabilities €567,481
Equity
€353,528 ▼ 0.1%
Debt
€213,953 ▼ 19.2%
Debt's share of the balance-sheet total falls from 42.8% to 37.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28,232▼
2023 · €36,532
Cash flow
€21,796▼
2023 · €27,994
Quick ratio
1.81▲
2023 · 1.62
Debt to equity
0.61▼
2023 · 0.75
ROE
-0.1%▼
2023 · 2.9%
Interest coverage
11.21▼
2023 · 17.24
Debt ≤ 1 year
€176,316▼
2023 · €253,383
Debt > 1 year
€35,823▲
2023 · €11,449
Income taxes
€4,032▼
2023 · €7,361
Staff costs
€294,992▼
2023 · €309,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €258,536 | €294,562 | €309,487 | €294,992 | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,089 | €14,971 | €19,232 | €17,902 | €22,280 | ▲ 24.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,478 | -€4,543 | -€3,902 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €1,448 | €6,376 | €4,346 | €5,159 | ▲ 18.7% |
| Gross operating margin9900 | €320,083 | €281,955 | €385,346 | €346,463 | €328,384 | ▼ 5.2% |
| Operating profit (loss)9901 | €75,244 | €4,522 | €69,719 | €18,630 | €5,952 | ▼ 68.1% |
| Financial income75/76B | - | €1,709 | €1,347 | €942 | €115 | ▼ 87.8% |
| Recurring financial income75 | €1,652 | €1,709 | €1,347 | €942 | €115 | ▼ 87.8% |
| Financial charges65/66B | - | €1,756 | €1,987 | €2,119 | €2,519 | ▲ 18.9% |
| Recurring financial charges65 | €3,056 | €1,756 | €1,987 | €2,119 | €2,519 | ▲ 18.9% |
| Profit (loss) for the period before taxes9903 | €73,840 | €4,475 | €69,080 | €17,454 | €3,547 | ▼ 79.7% |
| Income taxes67/77 | €7,699 | €4,145 | €21,466 | €7,361 | €4,032 | ▼ 45.2% |
| Profit (loss) for the period9904 | €66,142 | €330 | €47,614 | €10,093 | -€484 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €66,142 | €330 | €47,614 | €10,093 | -€484 | ▼ 105% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €702,600 | €717,801 | €644,246 | €618,844 | €567,481 | ▼ 8.3% |
| Fixed assets21/28 | €58,262 | €43,291 | €58,069 | €50,908 | €67,391 | ▲ 32.4% |
| Tangible fixed assets22/27 | €58,262 | €43,291 | €58,069 | €50,908 | €67,391 | ▲ 32.4% |
| Plant, machinery and equipment23 | - | €6,839 | €1,878 | €11,132 | €10,139 | ▼ 8.9% |
| Furniture and vehicles24 | - | €36,452 | €56,191 | €39,776 | €57,252 | ▲ 43.9% |
| Current assets29/58 | €644,338 | €674,510 | €586,177 | €567,936 | €500,090 | ▼ 11.9% |
| Amounts receivable after more than one year29 | - | €46,000 | €0 | - | - | - |
| Other amounts receivable291 | - | €46,000 | €0 | - | - | - |
| Stocks and contracts in progress3 | €118,880 | €140,263 | €152,006 | €157,470 | €180,213 | ▲ 14.4% |
| Stocks30/36 | - | €140,263 | €152,006 | €157,470 | €180,213 | ▲ 14.4% |
| Amounts receivable within one year40/41 | €316,156 | €293,729 | €340,247 | €360,688 | €225,808 | ▼ 37.4% |
| Trade receivables40 | - | €285,177 | €289,791 | €328,937 | €223,428 | ▼ 32.1% |
| Other amounts receivable41 | - | €8,552 | €50,456 | €31,751 | €2,380 | ▼ 92.5% |
| Cash at bank and in hand54/58 | €159,409 | €190,791 | €90,826 | €46,062 | €91,422 | ▲ 98.5% |
| Deferred charges and accrued income490/1 | - | €3,727 | €3,097 | €3,717 | €2,647 | ▼ 28.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €702,600 | €717,801 | €644,246 | €618,844 | €567,481 | ▼ 8.3% |
| Equity10/15 | €345,976 | €346,306 | €343,920 | €354,013 | €353,528 | ▼ 0.1% |
| Contributions10/11 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Capital10 | - | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Issued capital100 | - | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Reserves13 | €185,976 | €186,306 | €183,920 | €194,013 | €193,528 | ▼ 0.2% |
| Non-distributable reserves130/1 | - | €16,000 | €16,000 | €16,000 | €16,000 | = |
| Legal reserve130 | - | €16,000 | €16,000 | €16,000 | €16,000 | = |
| Distributable reserves133 | - | €170,306 | €167,920 | €178,013 | €177,528 | ▼ 0.3% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €356,624 | €371,495 | €300,326 | €264,832 | €213,953 | ▼ 19.2% |
| Amounts payable after more than one year17 | €36,843 | €22,226 | €26,095 | €11,449 | €35,823 | ▲ 213% |
| Financial debts170/4 | - | €22,226 | €26,095 | €11,449 | €35,823 | ▲ 213% |
| Amounts payable within one year42/48 | €319,765 | €349,269 | €274,168 | €253,383 | €176,316 | ▼ 30.4% |
| Current portion of amounts payable after more than one year42 | - | €14,618 | €16,973 | €14,046 | €15,323 | ▲ 9.1% |
| Financial debts43 | - | €1,250 | €1,250 | €1,250 | €9,715 | ▲ 677% |
| Credit institutions430/8 | - | €1,250 | €1,250 | €1,250 | €9,715 | ▲ 677% |
| Trade debts44 | €69,651 | €180,047 | €96,117 | €142,055 | €75,083 | ▼ 47.1% |
| Suppliers440/4 | - | €180,047 | €96,117 | €142,055 | €75,083 | ▼ 47.1% |
| Taxes, remuneration and social security45 | - | €67,162 | €109,828 | €95,217 | €76,194 | ▼ 20.0% |
| Taxes450/3 | - | €6,453 | €60,154 | €48,081 | €40,241 | ▼ 16.3% |
| Remuneration and social security454/9 | - | €60,708 | €49,674 | €47,136 | €35,953 | ▼ 23.7% |
| Other amounts payable47/48 | - | €86,194 | €50,000 | €815 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €0 | €63 | €0 | €1,815 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,142 | €330 | €47,614 | €10,093 | -€484 | ▼ 105% |
| + Depreciation and write-downs630 | €11,089 | €14,971 | €19,232 | €17,902 | €22,280 | ▲ 24.5% |
| Operating cash flow (approximation) | €77,230 | €15,301 | €66,846 | €27,994 | €21,796 | ▼ 22.1% |
| Investment in fixed assets (approximation) | - | €0 | -€34,010 | -€10,741 | -€38,763 | ▼ 261% |
| Change in cash | - | €31,382 | -€99,965 | -€44,764 | €45,360 | ▲ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet -€484
Net result drops to -€484, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
31-12
Financial
Highest result since 2018net €96,055 ▲29.3%
Operating result €107,778, net result €96,055, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 38 days late
2016
04-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gooik · 1 establishment unit since 2004
Ground area
735 m²
Building footprint
308 m²
Volume, LiDAR
1,556 m³
Parcel 23024C0616/00G000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EUROBELT & COMPONENTS
since 20042.144.575.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024C0616/00G000 | Flanders | 735 m² | 1 · 308 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 268 companies in sector 28220 we hold annual accounts for 233. 178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
28220Manufacture of machinery and equipment not elsewhere classified
46140Agents in the wholesale of industrial machinery, ships and aircraft
64210Activities of holding companies
Contact
Phone
023310555Gooik
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870369617
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.