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BELCOAST HOLDING

Active
Private limited companyfounded 2003active for 23 yearsLangestraat 201, 8434 Middelkerke, BelgiumKBO/BCE: BE 0479.856.228
Summary

BELCOAST HOLDING has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €628,110. Equity is growing by about 9.8% per year across the filed financial years. Its solvency ranks better than 48% of 11,186 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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BELCOAST HOLDINGActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Real estate agency activities
NACE 68310
5th largest company by total assets in Middelkerke, Real estate sector1 site
Size
€11.8mtotal assets 2025
Staff
1.4 FTE
Equity
€3.5m
Profit
€628,110
Turnover not published (abbreviated format)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Holdings
8
2025 accounts 22 days early4 deeds in the Belgian Official Gazette
Why 86raises riskLiquidity: current ratio 0.79, cash €16,812lowers riskSize: 1.4 FTE, total assets €11.8mFigures for financial year 2025 (filed 09-07-2026)Founded in 2003Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 54+3
equity 29.2% of total assets
Liquidity 47-2
short-term debt 15.0% · cash 0.1%
Profitability 49+15
return on assets 5.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,613 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.79, compared with 0.54 in 2024, below 1; short-term debt: 15% and cash: 0.1% of total assets), and 70.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 48% on solvency, 43% on liquidity, 42% on profitability and 77% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.79, cash €16,812
NBB · annual accounts
lowers risk · Size: 1.4 FTE, total assets €11.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 09-07-2026)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
6 days early
2023
43 days early
2022
3 days early
2021
90 days early
2020
26 days early
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. General meeting · Director resignationPermanent representative · Director appointment
  3. General meeting · Director resignationPermanent representative · Director appointment

Key points

  • Positive: Result rose in 2025from €2,795 to €628,110 ▲ 225× View
  • Positive: Among the best 5% on net resultsector median €10,063 · 11,178 companies €628,110 View
  • Positive: 8 profitable years in a rowprofit 2025: €628,110 8 years View
  • Heads a groupcompanies controlled 4 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€11.8m
Profit
€628,110
Solvency
29.2%
Total assets▲ 9.8%
Net result
20182025
Go to Financials

Network & group

Subsidiaries, all levels
4
Direct holdings
8
Mergers and asset contributions
1

8 holdings

Go to Network & group

Timeline

Events
34
Since
2005
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 25-07-2025Annual accounts filed
  3. 11-09-2024General meeting · Amendment of the articles
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Real estate agency activitiesNACE 68310
Founded
26-03-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about BELCOAST HOLDING

What is the company number of BELCOAST HOLDING?
0479.856.228. In Belgium the VAT number is the company number with BE in front: BE 0479.856.228.
Where is BELCOAST HOLDING based?
The registered office is at Langestraat 201, 8434 Middelkerke.Company details
What does BELCOAST HOLDING do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of BELCOAST HOLDING?
Private limited company (BV).
When was BELCOAST HOLDING founded?
On 26-03-2003.
Is BELCOAST HOLDING still active?
Yes, BELCOAST HOLDING is an active enterprise in the KBO register.
How many employees does BELCOAST HOLDING have?
On average 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BELCOAST HOLDING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BELCOAST HOLDING profitable?
In financial year 2025, BELCOAST HOLDING made a profit of €628,110.
Where can I find the annual accounts of BELCOAST HOLDING?
BELCOAST HOLDING filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELCOAST HOLDING due?
By 31-07-2027, for financial year 2026.Timeline

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