Skip to content

BEL & CO

Active
Private limited companyfounded 2003active for 23 yearsM. Scheperslaan 90, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0479.814.854
Summary

BEL & CO has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,394 and a net result of €14,196. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 46% of 5,879 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-03-2003 Normal situation
Activity
Non-scheduled passenger transport by road NACE 49320and 4 others
Establishment unit
2.126.623.248 3550 Heusden-Zolder, since 16-04-2003
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€47,909
▼ 29.2%
Turnover
≈ €140,000
estimated
Profit
€14,196
▼ 31.3%
Equity
€43,394
▲ 48.6%
Total assets
€128,065
▲ 9.1%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Profit of €14,196 (financial year 2025)lowers riskLiquidity: current ratio 1.44, cash €81,163Founded in 2003Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 59+9
equity 33.9% of total assets
Liquidity 75+12
short-term debt 49.8% · cash 63.4%
Profitability 83-8
return on assets 11.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.5%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.2 percentage points vs 01-2025 03-2025: 0.9%▲ +0.2 percentage points vs 02-2025 04-2025: 1.2%▲ +0.3 percentage points vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.7%▲ +0.4 percentage points vs 05-2025 07-2025: 2.7%▲ +1.0 percentage point vs 06-2025 08-2025: 2.8%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -2.6 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44 (1.16 in 2024), below the usual 1.5. Short-term debt is 49.8% and cash 63.4% of total assets. 66.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 46% of them on solvency, 81% on liquidity, 70% on profitability and 81% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.44, cash €81,163
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Profit of €14,196 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €43,394
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
on the day
2022
on the day
2021
on the day
2020
2 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Change of role: BEL Ramazan, from manager to director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as BEL & CO: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €94,000 and €165,000, founded between 1995 and 2006.

CompanyTotal assetsGross margin
BEL & CO Heusden-Zolder€128,065€47,909
B.CLEANING SERVICES Brussel€147,744€44,830
INFINITY Binche€124,892€45,194
BILS Etterbeek€164,750€45,073
V.A.N.E.T. Evere€97,687€32,359
KASHKAN Koekelberg€128,098€49,220
SORWAB Jette€93,992€67,222
Full comparison

Key facts about BEL & CO

What is the company number of BEL & CO?
The company number of BEL & CO is 0479.814.854. The VAT number is the same number with BE in front: BE 0479.814.854.
Where is BEL & CO based?
The registered office is at M. Scheperslaan 90, 3550 Heusden-Zolder.Company details
What does BEL & CO do?
According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
What is the legal form of BEL & CO?
The legal form of BEL & CO is Private limited company (BV).
When was BEL & CO founded?
BEL & CO was founded on 20-03-2003.
Is BEL & CO still active?
Yes, BEL & CO is an active enterprise in the KBO register.
What is the turnover of BEL & CO?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €47,909 and 58 comparable companies (NACE 493). It probably lies between €98,000 and €160,000.Financials
Is BEL & CO profitable?
In financial year 2025, BEL & CO made a profit of €14,196.
Where can I find the annual accounts of BEL & CO?
BEL & CO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BEL & CO due?
BEL & CO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.