Age3 yrs
Real estate1 parcel · 149 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BELCAT is 1.9% (moderate). The 2024 annual accounts show equity of €60k and a net result of €27k. Its solvency ranks better than 77% of 555 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Trust signals
3 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.9%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€27k-13.9%
Working capital€60k+87.9%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-01-2026 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.9% | 44.8% | |
| Net result | €27k | €14k | |
| Equity | €60k | €34k | |
| Gross operating margin | €34k | €43k | |
| Total assets | €93k | €89k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€34k
-16.1%
+70% vs sector
€27k
-13.9%
far above sector median
€28k
-13.7%
+64% vs sector
€93k
+122.6%
+42% vs sector
€60k
+83.5%
+161% vs sector
€60k
+87.9%
+141% vs sector
€5k
-33.9%
far above sector median
€33k
+267.7%
-19% vs sector
€33k
+267.7%
-19% vs sector
2.85
-38.3%
+76% vs sector
2.85
-38.3%
+76% vs sector
64.9%
-17.6%
+70% vs sector
0.54
+100.4%
-67% vs sector
45.5%
-53.1%
+6% vs sector
29.5%
-61.3%
+54% vs sector
49.11
-92.2%
far above sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €34k |
| Net profit | €27k |
| Cash flow | €28k |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €93k |
| Equity | €60k |
| Debt | €33k |
| of which ≤ 1y | €33k |
| of which > 1y | - |
| Working capital | €60k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.85 |
| Quick ratio | 2.85 |
| Working capital ratio | 64.8% |
| Solvency | 64.9% |
| Debt / equity | 0.54 |
| Long-term debt ratio | - |
| Interest coverage | 49.11 |
| Gross margin | - |
| Net margin | - |
| ROA | 29.5% |
| ROE | 45.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €93k |
| Fixed assets | 21/28 | €156 |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €156 |
| Current assets | 29/58 | €93k |
| Amounts receivable within one year | 40/41 | €43k |
| Cash & bank | 54/58 | €14 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €93k |
| Equity | 10/15 | €60k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €59k |
| Amounts payable | 17/49 | €33k |
| Amounts payable within one year | 42/48 | €33k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €34k |
| Operating result | 9901 | €33k |
| Financial charges | 65 | €693 |
| Result before taxes | 9903 | €33k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €27k |
| Result to be appropriated | 9905 | €27k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed93
/ 100
Excellent
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationBELCAT
since 20232.347.624.385
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area149 m²
Buildings1
Building footprint149 m²
Volume (LiDAR)1,078 m³
Tallest building13.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3263/00P000 | Flanders | 148 m² | 1 · 148 m² | 13.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Analysis
Snowflake analysis
financial profile on 5 axes88
/ 100
Exceptional profile, strong across almost every axis.
Health
93
Profitability
100
Solvency
100
Growth
52
Stability
94
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouwrijp maken van terreinen43120Bouw van autowegen en andere wegen42110Bouw van autowegen en andere wegen42110Bouw van water- en gasdistributienetten42211Bouw van water- en gasdistributienetten42211Bouw van andere civieltechnische werken, n.e.g.42990Bouw van andere civieltechnische werken, neg42990Proefboren en boren43130Proefboren en boren43130
Primary activity highlighted.
Names & trade names
| Legal nameNL | BELCAT |
Registered office
Muidepoort 124/A
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.