Belcotax
ActiveBelcotax has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €390k and a net result of €90k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 12685 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-5
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.91 in 2024; short-term debt: 14.9% and cash: 1.5% of total assets), and 23.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.6%
Return on assets
17.8%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-01-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
29 d early
2023
28 d early
2022
24 d early
2021
34 d early
2020
28 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€390k▲ 21.7%
2024 · €320k
2019: €108k
2020: €164k
2021: €219k
2022: €302k
2023: €309k
2024: €320k
2019 → 2025
Total assets
€509k▲ 4.6%
2024 · €487k
2019: €466k
2020: €536k
2021: €501k
2022: €570k
2023: €490k
2024: €487k
2019 → 2025
Net result
€90k▼ 16.2%
2024 · €108k
2019: €39k
2020: €85k
2021: €85k
2022: €110k
2023: €92k
2024: €108k
2019 → 2025
Working capital
€22k
2024 · €-8k
2019: €-62k
2020: €-40k
2021: €-24k
2022: €32k
2023: €9k
2024: €-8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€219k-€302k▲ 38.0%€309k▲ 2.3%€320k▲ 3.5%€390k▲ 21.7%
Operating result€118k-€142k▲ 20.7%€116k▼ 18.6%€146k▲ 26.0%€140k▼ 3.6%
Net result€85k-€110k▲ 28.1%€92k▼ 15.6%€108k▲ 16.8%€90k▼ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €509k
Fixed assets
€411k▲ 1.9%
Current assets
€98k▲ 17.2%
Equity and liabilities €509k
Equity
€390k▲ 21.7%
Provisions
€8k=
Debt
€111k▼ 29.9%
The debt ratio falls from 32.6% to 21.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€153k▼
2024 · €157k
Cash flow
€103k▼
2024 · €119k
Solvency
76.6%▲
2024 · 65.8%
Current ratio
1.29▲
2024 · 0.91
Quick ratio
1.29▲
2024 · 0.91
Debt / equity
0.29▼
2024 · 0.49
ROE
23.2%▼
2024 · 33.7%
ROA
17.8%▼
2024 · 22.2%
Interest coverage
48.15▼
2024 · 56.65
Debt
€111k▼
2024 · €159k
Debt ≤ 1 year
€76k▼
2024 · €92k
Debt > 1 year
€34k▼
2024 · €66k
Income taxes
€53k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€487k€509k▲
Fixed assets21/28€403k€411k▲
Tangible fixed assets22/27€403k€411k▲
Land and buildings22€385k€396k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€16k€13k▼
Financial fixed assets28€500-
Current assets29/58€84k€98k▲
Amounts receivable after more than one year29€21k€21k=
Other amounts receivable291€21k€21k=
Amounts receivable within one year40/41€50k€68k▲
Trade receivables40€50k€15k▼
Other amounts receivable41-€53k
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€487k€509k▲
Equity10/15€320k€390k▲
Contributions10/11€19k€19k=
Reserves13€110k€200k▲
Distributable reserves133€110k€200k▲
Profit (loss) carried forward14€192k€171k▼
Provisions and deferred taxes16€8k€8k=
Provisions for liabilities and charges160/5€8k€8k=
Major repairs and maintenance162€8k€8k=
Amounts payable17/49€159k€111k▼
Amounts payable after more than one year17€66k€34k▼
Financial debts170/4€66k€34k▼
Amounts payable within one year42/48€92k€76k▼
Current portion of amounts payable after more than one year42€37k€36k▼
Financial debts43€11k€18k▲
Credit institutions430/8€11k€18k▲
Trade debts44€25k€12k▼
Suppliers440/4€25k€12k▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Other amounts payable47/48€5k-
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€1k€869▼
Non-recurring operating charges66A€528-
Gross operating margin9900€159k€154k▼
Operating profit (loss)9901€146k€140k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€145k€143k▼
Income taxes67/77€37k€53k▲
Profit (loss) for the period9904€108k€90k▼
Profit (loss) for the period to be appropriated9905€108k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€377k€283k▼
Profit (loss) brought forward from the previous period14P€269k€192k▼
Transfer from equity791/2€2k-
Transfer to equity691/2€110k€90k▼
To other reserves6921€110k€90k▼
Profit to be distributed694/7€77k€21k▼
Return on contributions (dividend)694€50k€21k▼
Directors or managers695€27k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €110k ▲28.1%
Net result €110k, the highest in the series.
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €200kEq €219k ▲33.5%
3 profitable years in a row build equity to €219k.
03-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150kEq €164k ▲52.2%
2 profitable years in a row build equity to €164k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Londerzeel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint Jozefstraat 51840 LonderzeelGround area
299 m²
Building footprint
152 m²
Volume, LiDAR
963 m³
Parcel 23045B0474/00N000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Belcotax
since 20132.215.537.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045B0474/00N000 | Flanders | 299 m² | 1 · 152 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 871 EUR awarded · 871 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 117 EUR | 117 EUR |
| 2023 | 1 | 265 EUR | 327 EUR |
| 2022 | 1 | 489 EUR | 427 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 5,790 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2012
Fiscal year end30-06
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.