Equity
€54,893 ▲ 53.3%
BELCODEX has made a profit without a break since 2020.
BELCODEX
Lifetime
10 annual accounts with figures on one time axispeak €29,188 (2025)
€29,188▲ 214%
lowest -€2,010 (2016)
€19,083▲ 328%
peak €54,893 (2025)
€54,893▲ 53.3%
€58,562▼ 25.6%
Board2 names since 2015
1 director
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €9,293 to €29,188Result from €4,463 to €19,083Equity from €35,809 to €54,893Debts from €78,699 to €58,562
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as BELCODEX has now. Each dot stands for 87 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,721 companies, not a prediction for BELCODEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- 66 sharesdeed of 17-08-2015
- 120 sharesdeed of 17-08-2015
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0635510841
Resignation: (manager)
Appointment: (director) · General meeting of 18-09-2023 · Gazette deed
Registered office moved from Brussels to Evere
New registered office: chaussée de Haecht 993 à 1140 Evere · Previous registered office: rue Générale Eenens, 12 bte 1 à 1030 Bruxelles · General meeting of 01-12-2022 · Gazette deed
Appointment: (manager)
General meeting of 10-01-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELCODEX Evere | €113,454 | €29,188 | 48.4% | - |
| SMEYERS PAUL Geel | €124,014 | €31,414 | 75.1% | - |
| BEETS TECHNIEKEN Peer | €113,159 | €25,425 | 85.0% | - |
| A&A BUSINESS GROUP Pajottegem | €110,418 | €25,411 | 34.1% | - |
| RUCHAU Gavere | €124,697 | €25,427 | 66.2% | - |
| M-DOGAN TEC Heusden-Zolder | €123,176 | €34,181 | 45.9% | - |
| DIVO TECHNICS Lanaken | €104,115 | €31,802 | 83.4% | - |
These companies have the same main activity as BELCODEX: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €104,000 and €125,000, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 13-08-2015Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.247.970.9411140 Evere, since 13-08-2015
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2025
Annual accounts to 30-06-2025
- ≈ €130,000estimated
- €113,454▼ 0.9%
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on BELCODEX
BELCODEX files the micro format. That format states no turnover. The gross margin rose from -€1,647 in 2016 to €29,188 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELCODEX
- What is the company number of BELCODEX?
- The company number of BELCODEX is 0635.510.841. The VAT number is the same number with BE in front: BE 0635.510.841.
- Where is BELCODEX based?
- The registered office is at Haachtsesteenweg 993, 1140 Evere.Company details
- What does BELCODEX do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of BELCODEX?
- BELCODEX is a private limited company (BV).
- When was BELCODEX founded?
- BELCODEX was founded on 13-08-2015.
- Is BELCODEX still active?
- Yes, BELCODEX is an active enterprise in the KBO register.
- What is the turnover of BELCODEX?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €29,188 and 51 comparable companies (NACE 43211). It probably lies between €88,000 and €210,000.Financials
- Is BELCODEX profitable?
- In financial year 2025, BELCODEX made a profit of €19,083.
- Where can I find the annual accounts of BELCODEX?
- BELCODEX filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELCODEX due?
- BELCODEX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.