BELANTRA
ActiveBELANTRA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105k and a net result of €-2k. Equity is growing by ~56.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
66
/ 100
Healthy▲ +44 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency84▲+59
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.17 in 2024), but 56.5% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.5%
Return on assets
-1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
70 d late
2023
34 d late
2022
32 d late
2021
26 d late
2020
47 d early
2019
83 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€105k▼ 2.2%
2024 · €107k
2019: €11k
2020: €10k
2021: €39k
2022: €47k
2023: €112k
2024: €107k
2019 → 2025
Total assets
€240k▼ 67.8%
2024 · €747k
2019: €12k
2020: €51k
2021: €84k
2022: €236k
2023: €532k
2024: €747k
2019 → 2025
Net result
€-2k▲ 70.8%
2024 · €-8k
2019: €-4k
2020: €-1k
2021: €29k
2022: €8k
2023: €75k
2024: €-8k
2019 → 2025
Working capital
€106k▼ 1.8%
2024 · €108k
2019: €11k
2020: €10k
2021: €42k
2022: €40k
2023: €144k
2024: €108k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€47k▲ 19.5%€112k▲ 140%€107k▼ 4.1%€105k▼ 2.2%
Operating result€29k-€17k▼ 41.9%€81k▲ 380%€-7k€6k
Net result€29k-€8k▼ 73.5%€75k▲ 888%€-8k€-2k▲ 70.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€1k▼ 29.4%
Current assets
€239k▼ 67.9%
Equity and liabilities €240k
Equity
€105k▼ 2.2%
Debt
€136k▼ 78.8%
The debt ratio falls from 85.7% to 56.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€7k▲
2024 · €-4k
Cash flow
€-2k▲
2024 · €-5k
Solvency
43.5%▲
2024 · 14.3%
Current ratio
1.80▲
2024 · 1.17
Quick ratio
0.94▼
2024 · 0.97
Debt / equity
1.30▼
2024 · 5.98
ROE
-2.3%▲
2024 · -7.6%
ROA
-1.0%▲
2024 · -1.1%
Interest coverage
18.25▲
2024 · -5.50
Debt
€136k▼
2024 · €640k
Debt ≤ 1 year
€133k▼
2024 · €637k
Income taxes
€8k
Staff costs
€2k▼
2024 · €2k
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€747k€240k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€1k€887▼
Furniture and vehicles24€500€250▼
Current assets29/58€745k€239k▼
Stocks and contracts in progress3€130k€115k▼
Stocks30/36€130k€115k▼
Amounts receivable within one year40/41€513k€70k▼
Trade receivables40€507k€65k▼
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€11k€9k▼
Deferred charges and accrued income490/1€92k€46k▼
Equity and liabilities
Total equity and liabilities10/49€747k€240k▼
Equity10/15€107k€105k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€88k€86k▼
Amounts payable17/49€640k€136k▼
Amounts payable within one year42/48€637k€133k▼
Trade debts44€276k€76k▼
Suppliers440/4€276k€76k▼
Advances received on contracts in progress46€218k-
Taxes, remuneration and social security45€119k€26k▼
Taxes450/3€119k€26k▼
Other amounts payable47/48€23k€30k▲
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Non-recurring operating income76A€412-
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€473▼
Other operating charges640/8€418€255▼
Gross operating margin9900€-2k€9k▲
Operating profit (loss)9901€-7k€6k▲
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€769€372▼
Recurring financial charges65€769€372▼
Profit (loss) for the period before taxes9903€-8k€6k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€-8k€-2k▲
Profit (loss) for the period to be appropriated9905€-8k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€86k▼
Profit (loss) brought forward from the previous period14P€97k€88k▼
The notes to these accounts (4 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼111%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
31-12
Financial
Highest result since 2019net €75k ▲888%
Operating result €81k, net result €75k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲140%
3 profitable years in a row build equity to €112k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aartselaar · 1 establishment unit since 2019
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.
Bist 192630 AartselaarGround area
98 m²
Building footprint
98 m²
Volume, LiDAR
618 m³
Parcel 11372D0017/00K000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ayfema
since 20192.283.664.664
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0017/00K000 | Flanders | 98 m² | 1 · 98 m² | 9.3 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.
Similar companies · same sector, comparable size
ILLUMINART
BE 0474.870.230
Beveren-Kruibeke-Zwijndrecht · Eq €105k
KWIMEX
BE 1001.096.121
Genk · Eq €106k
Thomas
BE 0402.437.459
Kapellen · Eq €107k
DBC
BE 0883.825.792
Peer · Eq €107k
VAN LANGEVELD
BE 0445.916.918
Aalter · Eq €108k
Of 971 companies in sector 46431 we hold annual accounts for 700. 485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2019
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.