BELAIR
The computed 12-month bankruptcy probability of BELAIR is 1.5% (moderate). The 2025 annual accounts show negative equity (€-187k) and a net result of €36k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 157 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-187k |
| Net result | €36k |
| Staff (FTE) | 12.5 |
| Better than sector | 5% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -108.9% | 32.6% | |
| Net result | €36k | €18k | |
| Equity | €-187k | €105k | |
| Gross operating margin | €580k | €311k | |
| Staff costs | €512k | €231k |
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €63k |
| Net profit | €36k |
| Cash flow | €59k |
| Staff costs | €512k |
| Income taxes | €117 |
| Dividends | - |
| Total assets | €172k |
| Equity | €-187k |
| Debt | €359k |
| of which ≤ 1y | €328k |
| of which > 1y | €32k |
| Working capital | €-202k |
| Employees (FTE) | 12.5 |
| 2025 | |
|---|---|
| Current ratio | 0.38 |
| Quick ratio | 0.31 |
| Working capital ratio | -117.6% |
| Solvency | -108.9% |
| Debt / equity | -1.92 |
| Long-term debt ratio | -0.17 |
| Interest coverage | 10.30 |
| Gross margin | - |
| Net margin | - |
| ROA | 21.1% |
| ROE | -19.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €172k |
| Fixed assets | 21/28 | €47k |
| Intangible fixed assets | 21 | €427 |
| Tangible fixed assets | 22/27 | €30k |
| Financial fixed assets | 28 | €17k |
| Current assets | 29/58 | €125k |
| Stocks & contracts in progress | 3 | €24k |
| Amounts receivable within one year | 40/41 | €63k |
| Cash & bank | 54/58 | €35k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €172k |
| Equity | 10/15 | €-187k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €135k |
| Accumulated profits (losses) | 14 | €-372k |
| Amounts payable | 17/49 | €359k |
| Amounts payable after one year | 17 | €32k |
| Amounts payable within one year | 42/48 | €328k |
| Trade debts payable within one year | 44 | €234k |
| Income statement | ||
| Gross operating margin | 9900 | €580k |
| Operating result | 9901 | €41k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €36k |
| Income taxes | 67/77 | €117 |
| Net result for the period | 9904 | €36k |
| Result to be appropriated | 9905 | €36k |
-
VERCRUYSSE Jan Koenraad MichelNiet statutair bestuurderState Gazette act 24314433 (09-01-2024)Current09-01-2024 → present
2 events
- 09-01-2024 Resigned· Statutair zaakvoerder
- 09-01-2024 Appointed· Niet statutair bestuurder
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 05-04-1990 |
| Status | Active |
| Postal code | 8400 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35385B0163/00P000 | Flanders | 1,401 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-01-2024 1 director appointed, 1 resigning
- VERCRUYSSE Jan Koenraad Michel, Niet statutair bestuurder
- VERCRUYSSE Jan Koenraad Michel, Statutair zaakvoerder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BELAIR |