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BELBRIDGE

Active
Private limited companyfounded 201016 yrs activeIndustrielaan 8, 9320 Aalst, BelgiumKBO/BCE: BE 0828.320.018

BELBRIDGE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €-31k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 11% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
20 / 100
Critical▲ +13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency9▼-11
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.88 in 2023), and 89.1% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 2024
Solvency, return and age of the figures
Solvency
10.9%
Return on assets
-3.3%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€31k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 15368 sector peers (2024).
NBB · sector comparison
Position among 15368 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
49 d late
2021
45 d late
2020
31 d late
2019
69 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€105k▼ 23.0%
2023 · €136k
2018: €118k 2019: €134k 2020: €142k 2021: €153k 2022: €152k 2023: €136k
2018 → 2024
Total assets
€964k▲ 19.8%
2023 · €805k
2018: €223k 2019: €243k 2020: €267k 2021: €335k 2022: €618k 2023: €805k
2018 → 2024
Net result
€-31k▼ 102%
2023 · €-16k
2018: €-8k 2019: €16k 2020: €9k 2021: €12k 2022: €-2k 2023: €-16k
2018 → 2024
Working capital
€-367k▼ 376%
2023 · €-77k
2018: €23k 2019: €42k 2020: €29k 2021: €16k 2022: €-33k 2023: €-77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€142k-€153k▲ 8.1%€152k▼ 1.1%€136k▼ 10.2%€105k▼ 23.0%
Operating result€12k-€18k▲ 43.9%€609▼ 96.5%€-12k€-31k▼ 155%
Net result€9k-€12k▲ 29.5%€-2k€-16k▼ 838%€-31k▼ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €12k€12kNet result 2020: €9k€9kOperating result 2021: €18k€18kNet result 2021: €12k€12kOperating result 2022: €609€609Net result 2022: €-2k€-2kOperating result 2023: €-12k€-12kNet result 2023: €-16k€-16kOperating result 2024: €-31k€-31kNet result 2024: €-31k€-31k20202021202220232024
The operating result stays negative: a loss of €31k in 2024 against €12k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €964k
Fixed assets €472k▲ 121%
Current assets €492k▼ 16.8%
Equity and liabilities €964k
Equity €105k▼ 23.0%
Debt €859k▲ 28.5%
The debt ratio rises from 83.1% to 89.1%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9k
2023 · €-2k
Cash flow
€8k
2023 · €-5k
Solvency
10.9%
2023 · 16.9%
Current ratio
0.57
2023 · 0.88
Quick ratio
0.57
2023 · 0.88
Debt / equity
8.20
2023 · 4.91
ROE
-29.9%
2023 · -11.4%
ROA
-3.3%
2023 · -1.9%
Interest coverage
27.71
2023 · -0.49
Debt
€859k
2023 · €669k
Debt ≤ 1 year
€859k
2023 · €669k
Income taxes
€291
2023 · €285
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€805k€964k
Fixed assets21/28€213k€472k
Intangible fixed assets21€11k€7k
Tangible fixed assets22/27€184k€447k
Land and buildings22€172k€420k
Furniture and vehicles24€11k€27k
Financial fixed assets28€19k€19k=
Current assets29/58€591k€492k
Amounts receivable within one year40/41€446k€482k
Trade receivables40€88k€134k
Other amounts receivable41€358k€348k
Cash at bank and in hand54/58€145k€9k
Deferred charges and accrued income490/1€918€1k
Equity and liabilities
Total equity and liabilities10/49€805k€964k
Equity10/15€136k€105k
Contributions10/11€19k€19k=
Reserves13€118k€86k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€118k€86k
Amounts payable17/49€669k€859k
Amounts payable within one year42/48€669k€859k
Trade debts44€344k€406k
Suppliers440/4€344k€406k
Taxes, remuneration and social security45€14k€12k
Taxes450/3€10k€8k
Remuneration and social security454/9€4k€4k
Other amounts payable47/48€311k€441k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€40k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k
Gross operating margin9900€205€11k
Operating profit (loss)9901€-12k€-31k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€328
Recurring financial charges65€3k€328
Profit (loss) for the period before taxes9903€-15k€-31k
Income taxes67/77€285€291
Profit (loss) for the period9904€-16k€-31k
Profit (loss) for the period to be appropriated9905€-16k€-31k
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-31k
Transfer from equity791/2€16k€31k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
30-03
State Gazette act Capital & shares · Resignations & appointments
General meeting · Director resignation · Manager decision4 facts ▸
  • General meeting, 04/03/2026
  • Director resignation, Anna Aizina (bestuurder)
  • Manager decision, 11/03/2026
  • Power of attorney, Moore Finance & Tax BV
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
18-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
14-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
31-12
Financial Equity above €150kEq €153k ▲8.1%
3 profitable years in a row build equity to €153k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
25-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-02-2026 Resigned as Director
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Industrielaan 89320 Aalst
Ground area
9,821 m²
Building footprint
3,420 m²
Volume, LiDAR
9,302 m³
Parcel 41342B1124/00H000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BELBRIDGE
Industrielaan 8, 9320 AalstOther legal services
since 20102.190.472.608
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B1124/00H000 Flanders 9,821 m² 1 · 3,420 m² 6.4 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.

Similar companies · same sector, comparable size

Of 2,752 companies in sector 69109 we hold annual accounts for 1,205. 944 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-08-2010
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
70200Business and other management consultancy
70220Business consulting
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.