BELCICO
ActiveSummary
The computed 12-month bankruptcy probability of BELCICO is 1.8% (moderate). For BELCICO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€17,108) and a net result of -€13,321. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 17995 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-38
Solvency0▼-11
Growth55▼-17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
-96.8%
Return on assets
-75.4%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-11-2024, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
120 d late
2022
25 d late
2021
117 d late
2020
27 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€75,741▲ 132%
2022 · €32,587
EBIT margin
-17.6%▼ 17.9pp
2022 · 0.3%
Net result
-€13,321
2022 · €72
Working capital
-€17,108▼ 352%
2022 · -€3,787
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€5,943€32,587▲ 448%€75,741▲ 132%
Operating result-€5,156▼ 504%€682€112▼ 83.5%-€13,321
Net result-€5,200▼ 479%€682within the sector's middle half€72within the sector's middle half▼ 89.5%-€13,321below the sector's middle half
EBIT margin11.5%0.3%▼ 11.1pp-17.6%▼ 17.9pp
Equity-€4,542-€4,541within the sector's middle half=-€3,859below the sector's middle half▲ 15.0%-€3,787below the sector's middle half▲ 1.9%-€17,108below the sector's middle half▼ 352%
Total assets€1,309▼ 75.9%€1,310below the sector's middle half▲ 0.1%€279below the sector's middle half▼ 78.7%€26,877below the sector's middle half▲ 9,533%€17,667below the sector's middle half▼ 34.3%
Debt€5,851▲ 22.5%€5,851=€4,138▼ 29.3%€30,663▲ 641%€34,775▲ 13.4%
Working capital-€4,542-€4,541within the sector's middle half=-€3,859within the sector's middle half▲ 15.0%-€3,787within the sector's middle half▲ 1.9%-€17,108within the sector's middle half▼ 352%
Solvency-14.1%below the sector's middle half-96.8%below the sector's middle half▼ 82.7pp
Current ratio0.88within the sector's middle half0.51within the sector's middle half▼ 0.37
Return on assets (ROA)0.3%within the sector's middle half-75.4%below the sector's middle half▼ 75.7pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 2023: a loss of €13,321 after €112 in 2022, the lowest result in the available series.
Key figures and ratios
Quick ratio
0.36▼
2022 · 0.88
Debt to equity
-2.03▲
2022 · -8.10
Debt ≤ 1 year
€34,775▲
2022 · €30,663
Staff costs
€4,272▲
2022 · €101
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €5,943 | €32,587 | €75,741 | ▲ 132% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €5,261 | €32,374 | €95,664 | ▲ 195% |
| Remuneration, social security and pensions62 | - | - | - | €101 | €4,272 | ▲ 4,137% |
| Gross operating margin9900 | -€5,156 | - | €682 | €213 | -€9,049 | ▼ 4,343% |
| Operating profit (loss)9901 | -€5,156 | - | €682 | €112 | -€13,321 | ▼ 11,947% |
| Financial charges65/66B | - | - | - | €41 | - | - |
| Recurring financial charges65 | €44 | - | - | €41 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,200 | - | €682 | €72 | -€13,321 | ▼ 18,617% |
| Profit (loss) for the period9904 | -€5,200 | - | €682 | €72 | -€13,321 | ▼ 18,617% |
| Profit (loss) for the period to be appropriated9905 | -€5,200 | - | €682 | €72 | -€13,321 | ▼ 18,617% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,309 | €1,310 | €279 | €26,877 | €17,667 | ▼ 34.3% |
| Current assets29/58 | €1,309 | €1,310 | €279 | €26,877 | €17,667 | ▼ 34.3% |
| Stocks and contracts in progress3 | - | - | - | - | €5,200 | - |
| Stocks30/36 | - | - | - | - | €5,200 | - |
| Amounts receivable within one year40/41 | - | - | €279 | €25,824 | €3,368 | ▼ 87.0% |
| Trade receivables40 | - | - | - | €25,308 | €3,368 | ▼ 86.7% |
| Other amounts receivable41 | - | - | €279 | €515 | - | - |
| Cash at bank and in hand54/58 | €1,309 | €1,310 | - | €1,053 | €9,099 | ▲ 764% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,309 | €1,310 | €279 | €26,877 | €17,667 | ▼ 34.3% |
| Equity10/15 | -€4,542 | -€4,541 | -€3,859 | -€3,787 | -€17,108 | ▼ 352% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Capital10 | - | - | €10,000 | €10,000 | €10,000 | = |
| Issued capital100 | - | - | €20,000 | €20,000 | €20,000 | = |
| Uncalled capital101 | - | - | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€14,542 | -€14,541 | -€13,859 | -€13,787 | -€27,108 | ▼ 96.6% |
| Amounts payable17/49 | €5,851 | €5,851 | €4,138 | €30,663 | €34,775 | ▲ 13.4% |
| Amounts payable within one year42/48 | €5,851 | €5,851 | €4,138 | €30,663 | €34,775 | ▲ 13.4% |
| Trade debts44 | - | - | - | €14,035 | €9,368 | ▼ 33.3% |
| Suppliers440/4 | - | - | - | €14,035 | €9,368 | ▼ 33.3% |
| Taxes, remuneration and social security45 | - | - | - | - | €2,006 | - |
| Taxes450/3 | - | - | - | - | €2,006 | - |
| Other amounts payable47/48 | - | - | €4,138 | €16,629 | €23,401 | ▲ 40.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,200 | - | €682 | €72 | -€13,321 | ▼ 18,617% |
| Operating cash flow (approximation) | -€5,200 | - | €682 | €72 | -€13,321 | ▼ 18,617% |
| Change in cash | - | €1 | - | - | €8,046 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 120 days late
2023
31-12
Financial
Weakest financial yearnet -€13,321
Net result drops to -€13,321, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2021
31-12
Financial
Highest result since 2018net €682
Operating result €682, net result €682, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 133 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 days late
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Boussu · 1 establishment unit since 2014
Ground area
467 m²
Building footprint
109 m²
Volume, LiDAR
1,194 m³
Parcel 53014A0808/00B000, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA MATINA
since 20142.232.092.833
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53014A0808/00B000 | Wallonia | 467 m² | 1 · 109 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,778. 1,320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded11-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Not found in the Peppol register
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Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.