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BELALI

Active
Private limited company (pre-2019)founded 201511 yrs activeAvenue de l'Europe 21/02, 4040 Herstal, BelgiumKBO/BCE: BE 0633.763.356
Summary

The computed 12-month bankruptcy probability of BELALI is 2.6% (moderate). The 2025 annual accounts show negative equity (-€3,858) and a net result of -€4,298. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 32341 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
BELALIActiveChecked score 49/100
Risk analysis ReportCompare

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€81,479total assets 2025
Equity
-€3,858
Loss
-€4,298
Financial health
49 Fair Checked score 2025
Bankruptcy chance 12 m
2.6%
Structure
Accounts filed 31 d late0 of 3 deeds read
Why 49- Latest accounts 31 days late; 3 of the last 3 late- Sector Specialised construction activities (NACE 43)- Negative equity -€3,858+ Size: total assets €81,479Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 10% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 20-5
equity -4.7% of total assets
Liquidity 3+1
short-term debt 104.7% · cash 2.7%
Profitability 62+62
return on assets -5.3%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● 0.0% vs 11-2024 01-2025: 1.7%▼ -3.3% vs 12-2024 02-2025: 1.7%▲ +1.0% vs 01-2025 03-2025: 1.7%▲ +0.5% vs 02-2025 04-2025: 1.7%▲ +1.8% vs 03-2025 05-2025: 1.7%▼ -1.2% vs 04-2025 06-2025: 1.6%▼ -7.5% vs 05-2025lowest value 07-2025: 1.6%▲ +3.2% vs 06-2025 08-2025: 2.0%▲ +26.1% vs 07-2025 09-2025: 2.4%▲ +15.4% vs 08-2025 10-2025: 3.8%▲ +59.5% vs 09-2025 11-2025: 3.8%● 0.0% vs 10-2025 12-2025: 3.8%● 0.0% vs 11-2025 01-2026: 3.8%▲ +0.2% vs 12-2025 02-2026: 3.8%● 0.0% vs 01-2026 03-2026: 3.7%▼ -1.1% vs 02-2026 04-2026: 3.8%▲ +1.5% vs 03-2026 05-2026: 3.8%▼ -0.4% vs 04-2026 06-2026: 3.8%▲ +1.1% vs 05-2026 07-2026: 3.8%▲ +0.8% vs 06-2026 08-2026: 4.2%▲ +9.3% vs 07-2026highest value 09-2026: 2.6%▼ -37.0% vs 08-2026 10-2026: 2.6%● 0.0% vs 09-2026
  • Latest accounts 31 days late; 3 of the last 3 late raises the probability
  • Size: total assets €81,479 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Negative equity -€3,858 raises the probability
No credit on open account
Liquidity short (current ratio 0.15 against 0.16 in 2024; short-term debt: 104.7% and cash: 2.7% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 7%, liquidity 3%, profitability 30%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €81,479
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity -€3,858
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3,858
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 filings
Deviation from the deadline
2025
31 d late
2024
57 d late
2023
31 d late
2022
31 d late
2021
26 d late
2020
31 d late
2019
97 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€13,503

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€3,858 View
  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€4,298 View
  • Caution: Among the weakest 8% on equitysector median €58,261 · 32,352 companies -€3,858 View

By topic

Financials

Fiscal year
2025
Total assets
€81,479
Loss
-€4,298
Solvency
-4.7%
Turnover▲ 13.2%
Net result
20182023
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 26-09-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Site preparationNACE 43120
Founded
13-07-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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