BELAGE
ActiveBELAGE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.72M and a net result of €309k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 92% of 7980 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
23 d early
2024
6 d early
2023
35 d early
2022
6 d early
2021
4 d early
2020
30 d late
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€5.72M▲ 2.1%
2024 · €5.60M
2019: €2.86M
2020: €5.48M
2021: €5.52M
2022: €5.55M
2023: €5.57M
2024: €5.60M
2019 → 2025
Net result
€309k▲ 1,069%
2024 · €26k
2019: €278k
2020: €2.62M
2021: €41k
2022: €28k
2023: €25k
2024: €26k
2019 → 2025
Total assets
€6.12M▲ 0.5%
2024 · €6.09M
2019: €2.97M
2020: €5.98M
2021: €5.86M
2022: €5.72M
2023: €6.10M
2024: €6.09M
2019 → 2025
Solvency
93.4%▲ 1.5pp
2024 · 92.0%
2019: 96.1%
2020: 91.6%
2021: 94.2%
2022: 97.1%
2023: 91.3%
2024: 92.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.52M-€5.55M▲ 0.5%€5.57M▲ 0.4%€5.60M▲ 0.5%€5.72M▲ 2.1%
Operating result€63k-€30k▼ 52.4%€28k▼ 7.7%€23k▼ 17.2%€12k▼ 45.8%
Net result€41k-€28k▼ 30.7%€25k▼ 12.0%€26k▲ 7.0%€309k▲ 1,069%
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 has fallen four years in a row; 2025 is 46% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.12M
Fixed assets
€4.43M=
Current assets
€1.69M▲ 1.9%
Equity and liabilities €6.12M
Equity
€5.72M▲ 2.1%
Debt
€401k▼ 17.9%
The debt ratio falls from 8.0% to 6.6%: equity grows while debt is paid down.
Key figures and ratios
Solvency
93.4%▲
2024 · 92.0%
ROE
5.4%▲
2024 · 0.5%
ROA
5.0%▲
2024 · 0.4%
Debt
€401k▼
2024 · €489k
Debt ≤ 1 year
€401k▼
2024 · €467k
Income taxes
€5k▲
2024 · €5k
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€6.09M€6.12M▲
Fixed assets21/28€4.43M€4.43M=
Financial fixed assets28€4.43M€4.43M=
Current assets29/58€1.66M€1.69M▲
Amounts receivable after more than one year29€148k€153k▲
Other amounts receivable291€148k€153k▲
Amounts receivable within one year40/41€1.17M€1.12M▼
Trade receivables40€749k€702k▼
Other amounts receivable41€421k€421k▲
Cash at bank and in hand54/58€343k€417k▲
Equity and liabilities
Total equity and liabilities10/49€6.09M€6.12M▲
Equity10/15€5.60M€5.72M▲
Contributions10/11€1.64M€1.64M=
Reserves13€3.96M€4.08M▲
Distributable reserves133€3.96M€4.08M▲
Amounts payable17/49€489k€401k▼
Amounts payable after more than one year17€21k-
Financial debts170/4€21k-
Amounts payable within one year42/48€467k€401k▼
Current portion of amounts payable after more than one year42€42k€21k▼
Trade debts44€386k€341k▼
Suppliers440/4€386k€341k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€37k€37k=
Income statement
Code20242025
Other operating charges640/8€419€118▼
Gross operating margin9900€23k€12k▼
Operating profit (loss)9901€23k€12k▼
Financial income75/76B€131k€303k▲
Recurring financial income75€131k€303k▲
Financial charges65/66B€122k€993▼
Recurring financial charges65€122k€993▼
Profit (loss) for the period before taxes9903€32k€314k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€26k€309k▲
Profit (loss) for the period to be appropriated9905€26k€309k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€309k▲
Transfer from equity791/2-€189k
Transfer to equity691/2€26k€309k▲
To other reserves6921€26k€309k▲
Profit to be distributed694/7-€189k
Return on contributions (dividend)694-€189k
The notes to these accounts (2 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
10-09
State Gazette act
General meeting · Director reappointment
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €25k ▼12%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Highest result since 2019net €2.62M ▲844%
Operating result €83k, net result €2.62M, both a record.
31-03
Financial
Liquidity triplescurrent ratio 2.12
Current ratio from 0.63 to 2.12.
31-03
Financial
Equity above €5MEq €5.48M ▲91.7%
2 profitable years in a row build equity to €5.48M.
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-08
State Gazette act
Incorporation · Founder
Power of attorney · Corporate purpose
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 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.
Duboisstraat 502060 AntwerpenGround area
2,284 m²
Building footprint
2,284 m²
Volume, LiDAR
34,706 m³
Parcel 11807G1304/00X003, Flanders · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BELAGE
since 20162.254.780.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1304/00X003 | Flanders | 2,284 m² | 1 · 2,284 m² | 20.7 m · 6 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
Ownership & control
1 partyBELAGEBE 0656.530.642
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 7,679 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2016
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.