Equity
-€189,724
Debts exceed assets in financial year 2025.
BELAF
Lifetime
16 annual accounts with figures on one time axis, 37 filings since 1989peak €10,988 (2019)
€5,038▼ 43.4%
lowest -€384,033 (2012)
-€16,230▼ €10,904
peak -€101,626 (2010)
-€189,724▼ €16,230
€252,220▲ 1.4%
Board3 names since 2014
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €8,904 to €5,038Loss of €16,230
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,635 companies had the same profile as BELAF has now. Each dot stands for 17 companies, two years later.
84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,635 companies, not a prediction for BELAF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435385983
1 director resigning
Change of role: , from managing director to sole director · Resignation: · Permanent representative: · General meeting of 13-01-2023 · Gazette deed
2 directors reappointed
and · Permanent representative: · General meeting of 07-05-2018 · Gazette deed
First establishment
Dreef 41, Hoogstraten
Official details
Source: KBO- Status
- Active since 22-09-1988Normal situation
- Activity
- “Om het even welke industriële, handels-, financiële, roerende of onroerende handelingen te stellen die…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.040.488.9312328 Hoogstraten, since 12-10-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Annual accounts 2025
- ≈ €34,000estimated
- €62,496▼ 16.8%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on BELAF
BELAF files the abbreviated format. That format states no turnover. The gross margin rose from -€3,821 in 2010 to €5,038 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELAF
- What is the company number of BELAF?
- The company number of BELAF is 0435.385.983. The VAT number is the same number with BE in front: BE 0435.385.983.
- Where is BELAF based?
- The registered office is at Dreef 39, 2328 Hoogstraten.Company details
- What is the legal form of BELAF?
- BELAF is a public limited company (NV).
- When was BELAF founded?
- BELAF was founded on 22-09-1988.
- Is BELAF still active?
- Yes, BELAF is an active enterprise in the KBO register.
- What is the turnover of BELAF?
- The turnover in financial year 2025 is ≈ €34,000. This figure is estimated from the gross margin of €5,038 and 2,735 comparable companies of the same size. It probably lies between €14,000 and €86,000. It is a rough estimate.Financials
- Is BELAF profitable?
- In financial year 2025, BELAF made a loss of €16,230.
- Where can I find the annual accounts of BELAF?
- BELAF filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELAF due?
- BELAF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.