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Complete company report
Generated 23-07-2026
Active BE 0452.333.962Private limited companyOpen bankruptcy

BELBO

Polenlaan(STE) 19 ·9190 Stekene, Belgium· 32 yrs active
Sector: Real estate activities (68310)
Conclusion Checked

A bankruptcy procedure is open for BELBO according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €99k and a net result of €36k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €99k
Net result €36k
Better than sector 61%
Active 32 yrs
Snowflake analysis 5 axes · computed by Checked
Health10Profitability100Solvency76Growth78Stability0
53 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 10
Profitability 100
Solvency 76
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2020 · computed
10 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 13-08-2021 with the NBB · fiscal year 2020 · micro
€0€20k€40k€60kOperating result 2018: €4k€4kNet result 2018: €23k€23kOperating result 2019: €57k€57kNet result 2019: €55k€55kOperating result 2020: €11k€11kNet result 2020: €36k€36k201820192020
Operating resultNet result
Sector comparison
Fiscal year 2020 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 44.7% 31.0%
better than 61% of 773 sector peers
Net result €17k €2k
better than 69% of 773 sector peers
Equity €99k €77k
better than 54% of 773 sector peers
Gross operating margin €18k €34k
better than 37% of 773 sector peers
Total assets €221k €437k
better than 33% of 773 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€16k
-75.8% +25% vs sector
Net profit
€36k
-35.0% far above sector median
Cash flow
€41k
-37.6% far above sector median
Total assets
€221k
+40.8% -11% vs sector
Equity
€99k
+21.1% +96% vs sector
Working capital
€54k
-29.0% far above sector median
Income taxes
€8k
-72.6% +207% vs sector
Debt
€122k
+62.1% -30% vs sector
Debt ≤ 1y
€122k
+62.1% +67% vs sector
Current ratio
1.45
-28.4% +29% vs sector
Quick ratio
1.45
-28.4% +29% vs sector
Solvency
44.7%
-14.0% +53% vs sector
ROE
36.1%
-46.4% far above sector median
ROA
16.1%
-53.9% far above sector median
Figures by fiscal year
Fiscal year2020
Revenue-
EBITDA€16k
Net profit€36k
Cash flow€41k
Staff costs-
Income taxes€8k
Dividends-
Total assets€221k
Equity€99k
Debt€122k
of which ≤ 1y€122k
of which > 1y-
Working capital€54k
Employees (FTE)-
Ratios (computed)
2020
Current ratio1.45
Quick ratio1.45
Working capital ratio24.7%
Solvency44.7%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA16.1%
ROE36.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€221k
Fixed assets 21/28€44k
Tangible fixed assets 22/27€40k
Financial fixed assets 28€4k
Current assets 29/58€176k
Amounts receivable within one year 40/41€175k
Cash & bank 54/58€2
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€221k
Equity 10/15€99k
Reserves 13€60k
Accumulated profits (losses) 14€18k
Amounts payable 17/49€122k
Amounts payable within one year 42/48€122k
Trade debts payable within one year 44€13k
Income statement
Gross operating margin 9900€18k
Operating result 9901€11k
Financial income 75€15k
Financial charges 65€824
Result before taxes 9903€25k
Income taxes 67/77€8k
Net result for the period 9904€17k
Result to be appropriated 9905€17k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator SOFIE DE NIJS
GROOT-BRITTANNIELAAN 10, 9000 GENT
 04-07-2023 → present Belgian State Gazette
Legal Structure
NACE primary Real estate activities(68310)
Legal form Private limited company(610)
Incorporation16-03-1994
StatusActive
Postal code9190
First BS signal 11-07-2023
Latest BS signal 11-07-2023
Company structure, linked entities1 linked entities
BELBOBE 0452.333.962SOFIE DE NIJSReceiver
Mandates
Establishment units 1 location
BELBO
Gebroeders Nachtergaelestraat 10, 9800 DeinzeOntwikkeling van residentiële bouwprojecten
since 20212.323.518.895
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44011A0914/00W005 Flanders 1,905 m² 1 · 589 m² 4.8 m
46024A0635/00E000 Flanders 613 m² 1 · 181 m² 10.8 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
11-07-2023
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · BELBO BV POLENLAAN- (STE) 19/A, 9190 STEKENE · event 04-07-2023
2022
13-10-2022
State Gazette act Registered-office change
2021
13-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
15-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
26-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
27-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
31-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
04-10-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
25-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
02-06-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
2013
04-12-2013
NBB filing Annual accounts filed
fiscal year 2012 · verkort
01-03-2013
NBB filing Annual accounts filed
fiscal year 2011 · verkort
Lifecycle & Insolvency Signals 1 events
11-07-2023
Bankruptcy Opening
Date: 04-07-2023 · Ondernemingsrechtbank Gent, afdeling Gent · BELBO BV POLENLAAN- (STE) 19/A, 9190 STEKENE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-07-11 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
13-10-2022
Registered-office move
All acts · 1 updated 3 years ago
2022
13-10-2022 Registered office moved to Stekene Registered-office change
  • Polenlaan 19A - 9190 Stekene
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer_cross_border_in",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Polenlaan 19A - 9190 Stekene",
        "city": "Stekene",
        "region": "vlaams_gewest",
        "street": "Polenlaan",
        "country": "BE",
        "postcode": "9190",
        "box_number": null,
        "street_number": "19A",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": "2022-09-25",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": true,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-10-13",
    "filing_date": "2022-09-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "date": null,
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0452.333.962",
    "name_full": "FERLEOOING: UNCERNEMINGSRECHI BANK CPNf afleleng CENT C4 CKT",
    "legal_form": "besloten vennootschap",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Vandenbroucke Maria",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311
Primary activity highlighted.
Names & trade names
Legal nameNL BELBO
Registered office
Polenlaan(STE) 19 bus A
9190 Stekene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative