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Belden Solutions

Active
Public limited companyfounded 2008active for 18 yearsIndustrielaan 17B, 2250 Olen, BelgiumKBO/BCE: BE 0898.723.509
Summary

The computed 12-month bankruptcy probability of Belden Solutions is 1.9% (moderate). For Belden Solutions, one filing cycle of the annual accounts is missing. The 2020 annual accounts show equity of €7.3m and a net result of €1.9m. The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2020, full format, 2024 accounts filed, figures not processed yet

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 15 October 2026.

Turnover
€28.9m▲ 18.5%
2018 · €24.4m
EBIT margin
9.8%▲ 8.6pp
2018 · 1.2%
Net result
€1.9m
2018 · -€418,407
Working capital
-€4.1m
2018 · €108,977
Trend over the years

2018 to 2020, 2 financial years 2018 to 2020, 2 financial years

The operating result is €2.8m in 2020, compared with €287,096 in 2018. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€28.9m 2020 Operating result€2.8m 2020 Net result€1.9m 2020

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Available amounts per financial year
Line20182020
Turnover€24.4m-€28.9m-
Operating result€0.3m-€2.8m-
Net result-€0.4m-€1.9mabove the sector's middle half-
EBIT margin1.2%-9.8%-
Equity€3.2m-€7.3mwithin the sector's middle half-
Total assets€20.0m-€31.1mabove the sector's middle half-
Debt€15.9m-€22.5m-
Working capital€0.1m--€4.1mbelow the sector's middle half-
Solvency16.2%-23.6%below the sector's middle half-
Current ratio1.01-0.82below the sector's middle half-
Return on assets (ROA)-2.1%-6.1%within the sector's middle half-
Staff (FTE)82.6-91.2above the sector's middle half-
above within below the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2020 in colour, 2018 as the grey bar beneath
Assets €31.1m
Fixed assets €12.7m ▲ 15.1%
Current assets €18.4m ▲ 104%
Equity and liabilities €31.1m
Equity €7.3m ▲ 127%
Provisions €1.2m ▲ 39.3%
Debt €22.5m ▲ 41.7%
Debt's share of the balance-sheet total falls from 79.4% to 72.5%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2018
EBITDA
€7.4m▲
2018 · €4.1m
Cash flow
€6.5m▲
2018 · €3.4m
Quick ratio
0.70▼
2018 · 0.74
ROE
25.9%▲
2018 · -12.9%
Interest coverage
9.39▲
2018 · 8.57
Debt ≤ 1 year
€22.5m▲
2018 · €8.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2018 · 30 lines
Balance sheet Code20182020
Assets
Total assets20/58€20.0m€31.1m▲
Fixed assets21/28€11.0m€12.7m▲
Intangible fixed assets21€10.3m€11.9m▲
Tangible fixed assets22/27€0.4m€0.5m▲
Financial fixed assets28€0.2m€0.3m▲
Current assets29/58€9.0m€18.4m▲
Stocks and contracts in progress3€2.4m€2.6m▲
Amounts receivable within one year40/41€3.2m€6.8m▲
Current investments50/53€0.001m€436▼
Cash at bank and in hand54/58€1.5m€0.3m▼
Equity and liabilities
Total equity and liabilities10/49€20.0m€31.1m▲
Equity10/15€3.2m€7.3m▲
Contributions10/11€3.2m€3.2m=
Reserves13€0.04m€0.2m▲
Profit (loss) carried forward14-€0.09m€3.8m▲
Provisions and deferred taxes16€0.9m€1.2m▲
Amounts payable17/49€15.9m€22.5m▲
Amounts payable after more than one year17€7.0m-
Amounts payable within one year42/48€8.9m€22.5m▲
Trade debts44€4.3m€6.1m▲
Income statement Code20182020
Turnover70€24.4m€28.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.9m€4.6m▲
Operating profit (loss)9901€0.3m€2.8m▲
Recurring financial income75€0.2m€0.2m▲
Recurring financial charges65€0.9m€1.1m▲
Debt charges650€0.5m€0.8m▲
Profit (loss) for the period before taxes9903-€0.4m€1.9m▲
Income taxes67/77-€6-
Profit (loss) for the period9904-€0.4m€1.9m▲
Profit (loss) for the period to be appropriated9905-€0.4m€1.9m▲
Line20182020Change
Turnover70€24.4m€28.9m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.9m€4.6m-
Operating profit (loss)9901€0.3m€2.8m-
Recurring financial income75€0.2m€0.2m-
Recurring financial charges65€0.9m€1.1m-
Debt charges650€0.5m€0.8m-
Profit (loss) for the period before taxes9903-€0.4m€1.9m-
Income taxes67/77-€6--
Profit (loss) for the period9904-€0.4m€1.9m-
Profit (loss) for the period to be appropriated9905-€0.4m€1.9m-
Line20182020Change
Assets
Total assets20/58€20.0m€31.1m-
Fixed assets21/28€11.0m€12.7m-
Intangible fixed assets21€10.3m€11.9m-
Tangible fixed assets22/27€0.4m€0.5m-
Financial fixed assets28€0.2m€0.3m-
Current assets29/58€9.0m€18.4m-
Stocks and contracts in progress3€2.4m€2.6m-
Amounts receivable within one year40/41€3.2m€6.8m-
Current investments50/53€0.001m€436-
Cash at bank and in hand54/58€1.5m€0.3m-
Equity and liabilities
Total equity and liabilities10/49€20.0m€31.1m-
Equity10/15€3.2m€7.3m-
Contributions10/11€3.2m€3.2m-
Reserves13€0.04m€0.2m-
Profit (loss) carried forward14-€0.09m€3.8m-
Provisions and deferred taxes16€0.9m€1.2m-
Amounts payable17/49€15.9m€22.5m-
Amounts payable after more than one year17€7.0m--
Amounts payable within one year42/48€8.9m€22.5m-
Trade debts44€4.3m€6.1m-
Line20182020Change
Profit (loss) for the period9904-€0.4m€1.9m-
+ Depreciation and write-downs630€3.9m€4.6m-
Operating cash flow (approximation)€3.4m€6.5m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 25-11-2025 2025-00571036
31-12-2023 full format 30-09-2024 2024-00489865
31-12-2022 full format 16-09-2024 2024-00464893
31-12-2021 full format 05-10-2023 2023-00478574
31-12-2020 full format 19-05-2021 2021-14500290
31-12-2019 full format 15-06-2020 2020-17400116
31-12-2018 full format 10-05-2019 2019-12900081
31-12-2017 full format 22-06-2018 2018-22400187
31-12-2016 full format 07-06-2017 2017-16400363
31-12-2015 full format 23-06-2016 2016-22000111

Show all 16 filings

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.