BELAERO
ActiveBELAERO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.70M and a net result of €-25k. Equity is growing by ~32.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 15.86 against 39.28 in 2024; short-term debt: 0.3% and cash: 4.9% of total assets), and 11.8% 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
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
88.2%
Return on assets
-0.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2024
53 d late
2023
62 d late
2022
60 d late
2021
34 d early
2020
27 d late
2019
73 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.70M▼ 0.9%
2024 · €2.73M
2018: €35k
2019: €26k
2020: €23k
2021: €4k
2022: €2.75M
2023: €2.74M
2024: €2.73M
2018 → 2025
Total assets
€3.07M▼ 0.6%
2024 · €3.09M
2018: €623k
2019: €614k
2020: €610k
2021: €1.20M
2022: €3.11M
2023: €3.09M
2024: €3.09M
2018 → 2025
Net result
€-25k▼ 168%
2024 · €-9k
2018: €-28k
2019: €-9k
2020: €-4k
2021: €-18k
2022: €-100k
2023: €-13k
2024: €-9k
2018 → 2025
Working capital
€139k▼ 15.0%
2024 · €164k
2018: €-28k
2019: €-37k
2020: €-40k
2021: €-59k
2022: €286k
2023: €273k
2024: €164k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€2.75M▲ 62,955%€2.74M▼ 0.5%€2.73M▼ 0.3%€2.70M▼ 0.9%
Operating result€-18k-€-100k▼ 451%€-13k▲ 86.9%€-9k▲ 31.8%€-24k▼ 174%
Net result€-18k-€-100k▼ 446%€-13k▲ 86.6%€-9k▲ 31.1%€-25k▼ 168%
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 stays negative: a loss of €24k in 2025 against €9k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.07M
Fixed assets
€2.92M=
Current assets
€149k▼ 11.6%
Equity and liabilities €3.07M
Equity
€2.70M▼ 0.9%
Debt
€361k▲ 1.4%
The debt ratio rises from 11.5% to 11.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
88.2%▼
2024 · 88.5%
Current ratio
15.86▼
2024 · 39.28
Quick ratio
15.86▼
2024 · 39.28
Debt / equity
0.13▲
2024 · 0.13
ROE
-0.9%▼
2024 · -0.3%
ROA
-0.8%▼
2024 · -0.3%
Debt
€361k▲
2024 · €356k
Debt ≤ 1 year
€9k▲
2024 · €4k
Debt > 1 year
€350k=
2024 · €350k
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€3.09M€3.07M▼
Fixed assets21/28€2.92M€2.92M=
Financial fixed assets28€2.92M€2.92M=
Current assets29/58€168k€149k▼
Cash at bank and in hand54/58€168k€149k▼
Equity and liabilities
Total equity and liabilities10/49€3.09M€3.07M▼
Equity10/15€2.73M€2.70M▼
Contributions10/11€2.71M€2.71M=
Reserves13€205k€205k=
Non-distributable reserves130/1€205k€205k=
Other1319€205k€205k=
Profit (loss) carried forward14€-181k€-206k▼
Amounts payable17/49€356k€361k▲
Amounts payable after more than one year17€350k€350k=
Financial debts170/4€350k€350k=
Amounts payable within one year42/48€4k€9k▲
Trade debts44€4k€9k▲
Suppliers440/4€4k€9k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-8k€-23k▼
Operating profit (loss)9901€-9k€-24k▼
Financial charges65/66B€319€325▲
Recurring financial charges65€319€325▲
Profit (loss) for the period before taxes9903€-9k€-25k▼
Profit (loss) for the period9904€-9k€-25k▼
Profit (loss) for the period to be appropriated9905€-9k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-181k€-206k▼
Profit (loss) brought forward from the previous period14P€-172k€-181k▼
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
02-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative3 facts ▸
- General meeting, 2026-06-22
- Director appointment, Yvan Jansen Consulting BV (bestuurder)
- Permanent representative, Yvan Jansen
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 75.03
Current ratio from 30.29 to 75.03; short-term debt falls from €10k to €4k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-100k
Net result drops to €-100k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 906current ratio 30.29
Current ratio from 0.03 to 30.29; short-term debt falls from €61k to €10k.
31-12
Financial
Equity above €2MEq €2.75M ▲62955%
Equity rises from €4k to €2.75M.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 73 days late
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
1 director, last change in 2026
Yvan Jansen Consulting
CurrentDirector · since 22-06-2026 · Private limited company · perm. rep.: Yvan Jansen
22-06-2026
Appointed as Director
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2017
Ground area
2,733 m²
Building footprint
989 m²
Volume, LiDAR
7,341 m³
Parcel 45507A0020/00M000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Belaero
since 20172.272.347.140
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45507A0020/00M000 | Flanders | 2,733 m² | 1 · 989 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared corporate director
→
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
BELAEROBE 0685.953.910
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2017
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.