Financials
- Fiscal year
- 2025
- Turnover
- €101,584
- Loss
- -€3,412
- Solvency
- 4.0%
Turnover▼ 3.3%
Net result
20222025
BELASSET02
ActiveSummary
The computed 12-month bankruptcy probability of BELASSET02 is 2.3% (moderate). The 2025 annual accounts show equity of €46,046 and a net result of -€3,412. Equity is growing by ~13% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€101,584turnover 2025
- Equity
- €46,046
- Loss
- -€3,412
Structure
Accounts filed 7 d late0 of 1 deed read
Why 52- Liquidity: current ratio 0.02, cash €452, halved- Founded in 2021- Latest accounts 7 days late; 1 of the last 3 late+ Size: turnover €101,584, total assets €1.1mShow the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 29% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
29=
equity 4.0% of total assets
Liquidity
38-3
short-term debt 29.2% · cash 0.0%
Profitability
64-4
return on assets -0.3%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 1.0%lowest value
09-2025: 1.0%▲ +1.5% vs 08-2025
10-2025: 1.0%● 0.0% vs 09-2025
11-2025: 1.0%● 0.0% vs 10-2025
12-2025: 1.0%● 0.0% vs 11-2025
01-2026: 1.0%▲ +2.3% vs 12-2025
02-2026: 1.1%▲ +1.4% vs 01-2026
03-2026: 1.1%▲ +1.5% vs 02-2026
04-2026: 1.1%▲ +5.5% vs 03-2026
05-2026: 1.1%▼ -1.3% vs 04-2026
06-2026: 1.2%▲ +11.6% vs 05-2026
07-2026: 1.4%▲ +9.6% vs 06-2026
08-2026: 1.7%▲ +25.9% vs 07-2026
09-2026: 2.4%▲ +37.2% vs 08-2026highest value
10-2026: 2.3%▼ -2.8% vs 09-2026
- Size: turnover €101,584, total assets €1.1m lowers the probability for this profile
- Liquidity: current ratio 0.02, cash €452, halved raises the probability
- Founded in 2021 raises the probability for this profile
- Latest accounts 7 days late; 1 of the last 3 late raises the probability
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.05 in 2024; short-term debt: 29.2% and cash: 0% of total assets), and 96% of the assets are financed with debt.
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 (no NACE code, micro). Better than this share of them on solvency 19%, liquidity 21%, profitability 42%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 4 filingsDeviation from the deadline
2025
7 d late
2024
31 d early
2023
33 d late
2022
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 25 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2022net €10,562 ▲62.4%
Key points
By topic
Timeline
- Events
- 6
- Since
- 2023
- Next accounts
- by 31-07-2027
- 07-08-2026Annual accounts filed
- 30-06-2025Annual accounts filed
- 31-12-2024Highest result since 2022
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 22-09-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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