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BELCOIN

Active
Private limited companyfounded 198838 yrs activeReepstraat(Ned) 15, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0434.310.174
Summary

BELCOIN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €374,319 and a net result of €62,026. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 8741 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Wholesale of other machinery and equipment
NACE 46649NACE 46699NACE 51873
1 site
How big
€472,728total assets 2025
Equity
€374,319
Profit
€62,026
Turnover not published (abridged schema)
Financially healthy?
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Accounts 35 d early0 of 3 deeds read
Why 92- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability85▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 10.06 against 18.29 in 2024; short-term debt: 7.8% and cash: 44.4% of total assets), and 20.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.2%
Return on assets
13.1%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
36 d early
2023
118 d early
2022
136 d early
2021
39 d early
2020
63 d early
2019
31 d early
← 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 65 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 March (4 of the last 5 filed years within 78 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2019net €83,719 ▲220%

Key points

  • Positive: Among the best 17% on solvencysector median 43.7% · 8,741 companies 79.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 1988founded 28-05-1988 38 years View

By topic

Financials

Fiscal year
2025
Total assets
€472,728
Profit
€62,026
Solvency
79.2%
Total assets▲ 33.8%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 30-04-2027
  1. 26-03-2026Annual accounts filed
  2. 25-03-2025Annual accounts filed
  3. 30-09-2024Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other machinery and equipmentNACE 46649
Founded
28-05-1988
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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