Bel Cons
ActiveBel Cons has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €13k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+9
Solvency100▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.33 against 2.18 in 2024; short-term debt: 18.4% and cash: 1.5% of total assets), and 18.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.6%
Return on assets
9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
64 d late
2023
55 d late
2022
56 d late
2021
74 d late
2020
74 d late
2019
95 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€119k▲ 12.3%
2024 · €106k
2018: €13k
2019: €47k
2020: €64k
2021: €68k
2022: €67k
2023: €102k
2024: €106k
2018 → 2025
Total assets
€146k▼ 25.0%
2024 · €195k
2018: €42k
2019: €73k
2020: €181k
2021: €155k
2022: €168k
2023: €205k
2024: €195k
2018 → 2025
Net result
€13k▲ 192%
2024 · €4k
2018: €-550
2019: €34k
2020: €39k
2021: €15k
2022: €66
2023: €47k
2024: €4k
2018 → 2025
Working capital
€117k▲ 11.6%
2024 · €104k
2018: €12k
2019: €45k
2020: €52k
2021: €53k
2022: €52k
2023: €88k
2024: €104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€67k▼ 1.7%€102k▲ 51.3%€106k▲ 4.4%€119k▲ 12.3%
Operating result€21k-€2k▼ 90.2%€61k▲ 2,887%€6k▼ 90.8%€15k▲ 171%
Net result€15k-€66▼ 99.6%€47k▲ 70,379%€4k▼ 90.4%€13k▲ 192%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 171% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€3k▲ 56.9%
Current assets
€143k▼ 25.8%
Equity and liabilities €146k
Equity
€119k▲ 12.3%
Debt
€27k▼ 69.7%
The debt ratio falls from 45.5% to 18.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €18k
Cash flow
€15k▼
2024 · €17k
Solvency
81.6%▲
2024 · 54.5%
Current ratio
5.33▲
2024 · 2.18
Quick ratio
5.33▲
2024 · 2.18
Debt / equity
0.23▼
2024 · 0.84
ROE
11.0%▲
2024 · 4.2%
ROA
9.0%▲
2024 · 2.3%
Interest coverage
4.25▲
2024 · 4.16
Debt
€27k▼
2024 · €89k
Debt ≤ 1 year
€27k▼
2024 · €89k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€195k€146k▼
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€1k€290▼
Furniture and vehicles24€197€2k▲
Financial fixed assets28€166€166▲
Current assets29/58€193k€143k▼
Amounts receivable within one year40/41€172k€141k▼
Trade receivables40€71k€55k▼
Other amounts receivable41€101k€86k▼
Cash at bank and in hand54/58€20k€2k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€195k€146k▼
Equity10/15€106k€119k▲
Contributions10/11€6k€6k=
Outside capital11-€6k
Other1109/19-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€98k€111k▲
Amounts payable17/49€89k€27k▼
Amounts payable within one year42/48€89k€27k▼
Financial debts43€17k-
Credit institutions430/8€17k-
Trade debts44€50k€12k▼
Suppliers440/4€50k€12k▼
Taxes, remuneration and social security45€22k€15k▼
Taxes450/3€22k€15k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€2k▼
Other operating charges640/8€574€2k▲
Gross operating margin9900€19k€19k▲
Operating profit (loss)9901€6k€15k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€8k€17k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€4k€13k▲
Profit (loss) for the period to be appropriated9905€4k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€98k€111k▲
Profit (loss) brought forward from the previous period14P€94k€98k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 5.33
Current ratio from 2.18 to 5.33; short-term debt falls from €89k to €27k.
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Highest result since 2018net €47k ▲70379%
Operating result €61k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲51.3%
5 profitable years in a row build equity to €102k.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 74 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
04-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 96 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 234 days late
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Pieters-Leeuw · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergensesteenweg 4211600 Sint-Pieters-LeeuwGround area
8,374 m²
Building footprint
1,392 m²
Volume, LiDAR
709 m³
2 parcels, Brussels, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Bel Cons
since 20162.249.067.734
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21818B0532/00R004 | Brussels | 62 m² | 1 · 62 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BERSAM
BE 0474.082.352
Sint-Gillis (bij-Brussel) · Eq €120k
STN SWN Management
BE 0759.580.472
Beringen · Eq €119k
De Ryck Karel
BE 0877.106.167
Beveren-Kruibeke-Zwijndrecht · Eq €119k
BRONBEMALING BOSTOEN
BE 0786.386.720
Torhout · Eq €119k
GEBROEDERS LEMMENS
BE 0794.803.449
Schelle · Eq €119k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,649 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2016
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43310Plastering work
43320Joinery installation
43350Other building finishing work
43422Screed work
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.