Belamco
ActiveBelamco has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €3k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 2669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+65
Solvency12=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 0.98 in 2024), and 97.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
2.5%
Return on assets
0.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2669 sector peers (2025).
NBB · sector comparisonPosition among 2669 sector peers
Solvency
better than 15%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
2 d early
2024
2 d early
2023
4 d early
2022
20 d early
2021
31 d early
2020
30 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€25k▲ 14.8%
2024 · €21k
2019: €251k
2020: €297k
2021: €299k
2022: €327k
2023: €348k
2024: €355k
2024: €21k
2019 → 2025
Total assets
€988k▲ 0.4%
2024 · €983k
2019: €500k
2020: €578k
2021: €572k
2022: €727k
2023: €1.26M
2024: €1.30M
2024: €983k
2019 → 2025
Net result
€3k
2024 · €-334k
2019: €138k
2020: €46k
2021: €1k
2022: €43k
2023: €17k
2024: €4k
2024: €-334k
2019 → 2025
Working capital
€-29k▼ 101%
2024 · €-14k
2019: €232k
2020: €234k
2021: €256k
2022: €300k
2023: €306k
2024: €324k
2024: €-14k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420242025Trend
Equity€327k-€348k▲ 6.3%€355k▲ 2.1%€21k▼ 94.0%€25k▲ 14.8%
Operating result€84k-€71k▼ 15.9%€63k▼ 11.9%€-34k€63k
Net result€43k-€17k▼ 59.9%€4k▼ 77.3%€-334k€3k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €63k after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €988k
Fixed assets
€53k▲ 49.5%
Current assets
€934k▼ 1.4%
Equity and liabilities €988k
Equity
€25k▲ 14.8%
Debt
€963k▲ 0.1%
The debt ratio falls from 97.8% to 97.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€78k▲
2024 · €-20k
Cash flow
€18k▲
2024 · €-319k
Solvency
2.5%▲
2024 · 2.2%
Current ratio
0.97▼
2024 · 0.98
Quick ratio
0.97▼
2024 · 0.98
Debt / equity
39.28▼
2024 · 45.05
ROE
12.9%
ROA
0.3%▲
2024 · -33.9%
Interest coverage
1.32▲
2024 · -0.39
Debt
€963k▲
2024 · €962k
Debt ≤ 1 year
€963k▲
2024 · €962k
Income taxes
€8k▼
2024 · €39k
Staff costs
€1.87M▲
2024 · €1.51M
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€983k€988k▲
Fixed assets21/28€36k€53k▲
Intangible fixed assets21€5k€35k▲
Tangible fixed assets22/27€31k€19k▼
Plant, machinery and equipment23€18k€8k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€10k€8k▼
Current assets29/58€948k€934k▼
Amounts receivable after more than one year29€76k€26k▼
Other amounts receivable291€76k€26k▼
Amounts receivable within one year40/41€683k€687k▲
Trade receivables40€553k€459k▼
Other amounts receivable41€129k€227k▲
Cash at bank and in hand54/58€172k€206k▲
Deferred charges and accrued income490/1€17k€16k▼
Equity and liabilities
Total equity and liabilities10/49€983k€988k▲
Equity10/15€21k€25k▲
Contributions10/11€20k€20k=
Reserves13€107k€107k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€105k€105k=
Profit (loss) carried forward14€-106k€-102k▲
Amounts payable17/49€962k€963k▲
Amounts payable within one year42/48€962k€963k▲
Financial debts43€370k€439k▲
Credit institutions430/8€370k€439k▲
Trade debts44€277k€159k▼
Suppliers440/4€277k€159k▼
Advances received on contracts in progress46-€7k
Taxes, remuneration and social security45€316k€357k▲
Taxes450/3€40k€104k▲
Remuneration and social security454/9€276k€253k▼
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€1.51M€1.87M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€7k€1k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€1.50M€1.96M▲
Operating profit (loss)9901€-34k€63k▲
Financial income75/76B€8k€8k▲
Recurring financial income75€4k€6k▲
Non-recurring financial income76B€4k€2k▼
Financial charges65/66B€269k€61k▼
Recurring financial charges65€51k€59k▲
Non-recurring financial charges66B€218k€2k▼
Profit (loss) for the period before taxes9903€-295k€11k▲
Income taxes67/77€39k€8k▼
Profit (loss) for the period9904€-334k€3k▲
Profit (loss) for the period to be appropriated9905€-334k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-334k€-102k▲
Profit (loss) brought forward from the previous period14P-€-106k
Transfer from equity791/2€228k-
Social balance
Average headcount (FTE)908742.936.2▼
The notes to these accounts (17 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-334k ▼8637%
Net result drops to €-334k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Aalst · 1 establishment unit since 2013
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.
Moorselbaan 3919300 AalstGround area
1,294 m²
Building footprint
263 m²
Volume, LiDAR
1,712 m³
Parcel 41304F0384/00R000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Belamco
since 20132.219.560.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304F0384/00R000 | Flanders | 1,293 m² | 1 · 262 m² | 9.6 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 5,911 EUR awarded · 5,911 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,693 EUR | 2,693 EUR |
| 2024 | 1 | 3,218 EUR | 3,218 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,749. 6,098 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2013
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73200Market research and public opinion polling
73300Public relations and communication consultancy
78200Temporary employment agencies and other provision of personnel
78300Employment activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.