Belarabit
ActiveBelarabit has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-17k) and a net result of €-86k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 2281 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-78
Solvency19▼-30
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.25 against 2.27 in 2023; short-term debt: 58.2% and cash: 13% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
-5.7%
Return on assets
-28.4%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
12 d early
2022
12 d early
2021
31 d late
2020
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-17k
2023 · €69k
2020: €31k
2021: €69k
2022: €47k
2023: €69k
2020 → 2024
Total assets
€303k▲ 6.7%
2023 · €284k
2020: €49k
2021: €151k
2022: €149k
2023: €284k
2020 → 2024
Net result
€-86k
2023 · €21k
2020: €31k
2021: €38k
2022: €-22k
2023: €21k
2020 → 2024
Working capital
€43k▼ 59.2%
2023 · €106k
2020: €28k
2021: €56k
2022: €-8k
2023: €106k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€31k-€69k▲ 121%€47k▼ 31.8%€69k▲ 45.2%€-17k
Operating result€42k-€47k▲ 13.2%€-19k€33k€-71k
Net result€31k-€38k▲ 23.2%€-22k€21k€-86k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €71k after €33k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €303k
Fixed assets
€83k▼ 11.4%
Current assets
€219k▲ 15.7%
Key figures and ratios
EBITDA
€-52k▼
2023 · €48k
Cash flow
€-67k▼
2023 · €36k
Solvency
-5.7%▼
2023 · 24.2%
Current ratio
1.25▼
2023 · 2.27
Quick ratio
1.25▼
2023 · 2.27
Debt / equity
-18.44▼
2023 · 3.14
ROA
-28.4%▼
2023 · 7.5%
Interest coverage
-3.24▼
2023 · 11.52
Debt
€320k▲
2023 · €215k
Debt ≤ 1 year
€176k▲
2023 · €84k
Debt > 1 year
€144k▲
2023 · €131k
Income taxes
€880▼
2023 · €8k
Staff costs
€143k▲
2023 · €27k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€284k€303k▲
Fixed assets21/28€94k€83k▼
Tangible fixed assets22/27€94k€83k▼
Plant, machinery and equipment23€21k€19k▼
Other tangible fixed assets26€73k€64k▼
Financial fixed assets28€175€175=
Current assets29/58€190k€219k▲
Amounts receivable within one year40/41€117k€176k▲
Trade receivables40€85k€93k▲
Other amounts receivable41€32k€83k▲
Cash at bank and in hand54/58€69k€39k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€284k€303k▲
Equity10/15€69k€-17k▼
Contributions10/11€500€500=
Reserves13€69k€69k=
Distributable reserves133€69k€69k=
Profit (loss) carried forward14€-698€-87k▼
Amounts payable17/49€215k€320k▲
Amounts payable after more than one year17€131k€144k▲
Financial debts170/4€131k€144k▲
Amounts payable within one year42/48€84k€176k▲
Current portion of amounts payable after more than one year42€27k€48k▲
Financial debts43-€60k
Credit institutions430/8-€60k
Trade debts44€43k€48k▲
Suppliers440/4€43k€48k▲
Advances received on contracts in progress46€12k-
Taxes, remuneration and social security45€1k€21k▲
Taxes450/3-€21k
Remuneration and social security454/9€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€27k€143k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€77k€94k▲
Operating profit (loss)9901€33k€-71k▼
Financial income75/76B€12€2k▲
Recurring financial income75€12€2k▲
Financial charges65/66B€4k€16k▲
Recurring financial charges65€4k€16k▲
Profit (loss) for the period before taxes9903€29k€-85k▼
Income taxes67/77€8k€880▼
Profit (loss) for the period9904€21k€-86k▼
Profit (loss) for the period to be appropriated9905€21k€-86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-698€-87k▼
Profit (loss) brought forward from the previous period14P€-22k€-698▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Weakest financial yearnet €-86k ▼502%
Net result drops to €-86k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.27
Current ratio from 0.89 to 2.27.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2020net €38k ▲23.2%
Operating result €47k, net result €38k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Katelijne-Waver · 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.
Korte Mussepi 82860 Sint-Katelijne-WaverGround area
384 m²
Building footprint
150 m²
Volume, LiDAR
656 m³
Parcel 12422D0462/00B002, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Belarabit
since 20192.292.950.930
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0462/00B002 | Flanders | 384 m² | 1 · 150 m² | 7.7 m · 1 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
2023 to 2025 · 4 entries · 55,254 EUR awarded · 16,881 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 51,534 EUR | 14,034 EUR |
| 2024 | 1 | 774 EUR | 0 EUR |
| 2023 | 1 | 2,946 EUR | 2,847 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2019
Fiscal year end31-12
Trade name NL
BLR Consultancy
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Amine.Belarabi@hotmail.com