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BELCROWN REALTY

Active
Public limited companyfounded 1987active for 38 yearsZaatstraat 28, 2900 Schoten, BelgiumKBO/BCE: BE 0432.521.416
Summary

BELCROWN REALTY has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €58,816. Equity has been shrinking by about 11% per year since 2018. Its solvency ranks better than 23% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-11-1987 Normal situation
Registered office
12 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
Establishment unit
2.143.245.187 2900 Schoten, since 19-10-2004
Financial year end
31 December
Peppol
Reachable since 28-01-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€162,328
▼ 37.5%
Turnover
≈ €220,000
estimated
Profit
€58,816
Equity
€1.4m
▲ 4.5%
Total assets
€13.9m
▲ 10.5%
Filed on 29-07-2026, 2 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.82, cash €64,623Equity €1.4m (9.8% of total assets)lowers riskSize: total assets €13.9mFigures for financial year 2025 (filed on 03-08-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 29% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 35=
equity 9.8% of total assets
Liquidity 1=
short-term debt 90.2% · cash 0.5%
Profitability 27+8
return on assets 0.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,720 companies, NACE 68, medium-sized)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.4 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.82 (0.79 in 2024), below 1. Short-term debt is 90.2% and cash 0.5% of total assets. 90.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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, medium-sized). It does better than 29% of them on solvency, 3% on liquidity, 20% on profitability and 62% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €13.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.82, cash €64,623
NBB · annual accounts
raises risk · Equity €1.4m (9.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-08-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 5796 sector peers (2025).
NBB · sector comparison
Position among 5796 sector peers
Solvency
better than 23%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
21 days late
2023
23 days late
2022
29 days late
2021
11 days early
2020
26 days late
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 21 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €22,355 in 2024 €58,816 View

Recent changes

  1. · Gazette deed Reappointments: Marcom (director) and VASTGOED MANAGEMENT EIGENDOMSBEHEER (director)Permanent representatives: Bruno Van Marcke and Steven Baerts
  2. · Gazette deed Registered office moved from Antwerpen to SchotenPermanent representative: Steven Baerts
  3. · Gazette deed Capital decrease to €500,000
All 19 events

Comparable companies

These companies have the same main activity as BELCROWN REALTY: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €9.8m and €19m, founded between 1991 and 1996.

CompanyTotal assetsGross margin
BELCROWN REALTY Schoten€13.9m€0.2m
PARDEL Braine-l'Alleud€15.4m€0.1m
MELDERTSE IMMOBILIEN Halen€10.6m€0.2m
GREEN SPIRIT INDUSTRIES Etterbeek€19.3m€0.1m
PORTICI Gent€9.8m€0.2m
DEVAMO Waregem€12.0m€0.1m
G-TEC Koksijde€14.0m€0.2m
Full comparison

Key facts about BELCROWN REALTY

What is the company number of BELCROWN REALTY?
The company number of BELCROWN REALTY is 0432.521.416. The VAT number is the same number with BE in front: BE 0432.521.416.
Where is BELCROWN REALTY based?
The registered office is at Zaatstraat 28, 2900 Schoten.Company details
What does BELCROWN REALTY do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of BELCROWN REALTY?
The legal form of BELCROWN REALTY is Public limited company (NV).
When was BELCROWN REALTY founded?
BELCROWN REALTY was founded on 13-11-1987.
Is BELCROWN REALTY still active?
Yes, BELCROWN REALTY is an active enterprise in the KBO register.
What is the turnover of BELCROWN REALTY?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €162,328 and 37 comparable companies (NACE 68203). It probably lies between €170,000 and €350,000. In financial year 2023 turnover was €247,932.Financials
Is BELCROWN REALTY profitable?
In financial year 2025, BELCROWN REALTY made a profit of €58,816.
Where can I find the annual accounts of BELCROWN REALTY?
BELCROWN REALTY filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELCROWN REALTY due?
BELCROWN REALTY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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