Checked.be
Active
BE 0776.750.264Private limited company
BELECO
· 4 yrs active
Sector: Specialised construction
(43211)
Conclusion
The computed 12-month bankruptcy probability of BELECO is 10.9% (high). The 2024 annual accounts show equity of €742 and a net result of €-54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 11059 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €742 |
| Net result | €-54k |
| Better than sector | 10% |
| Active | 4 yrs |
Snowflake analysis
37
/ 100
Fragile profile, watch profitability in particular.
Health
32
Profitability
0
Solvency
35
Growth
32
Stability
86
Bankruptcy probability (12 mo)
10.9%
High
0%0,5%1,5%4%10%≥25%
Recent warning signals
+Young company
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
3 / 100
Low riskComponents
· 1 administrative flag (+3)
Trust signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administrative Flags
Address struck
Health barometer
32
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.2% | 40.9% | |
| Net result | €-54k | €11k | |
| Equity | €742 | €34k | |
| Gross operating margin | €-48k | €35k | |
| Staff costs | €0 | €25k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-51k
-
far below sector median
€-54k
-
far below sector median
€-51k
-
far below sector median
€33k
-79.5%
-85% vs sector
€742
-98.6%
-99% vs sector
€17k
-69.7%
-49% vs sector
0
-40.0%
-94% vs sector
€0
-100.0%
-100% vs sector
€47
-96.0%
-98% vs sector
€32k
-69.9%
-62% vs sector
€15k
-82.5%
-75% vs sector
€18k
-22.0%
≈ vs sector
2.13
+28.8%
+41% vs sector
1.97
+22.7%
+54% vs sector
2.2%
-93.3%
-95% vs sector
43.78
+2105.3%
far above sector median
-7220.6%
-
far below sector median
-161.3%
-
far below sector median
-58.85
-
far below sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-51k |
| Net profit | €-54k |
| Cash flow | €-51k |
| Staff costs | €0 |
| Income taxes | €47 |
| Dividends | - |
| Total assets | €33k |
| Equity | €742 |
| Debt | €32k |
| of which ≤ 1y | €15k |
| of which > 1y | €18k |
| Working capital | €17k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.13 |
| Quick ratio | 1.97 |
| Working capital ratio | 51.1% |
| Solvency | 2.2% |
| Debt / equity | 43.78 |
| Long-term debt ratio | 23.61 |
| Interest coverage | -58.85 |
| Gross margin | - |
| Net margin | - |
| ROA | -161.3% |
| ROE | -7220.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €33k |
| Fixed assets | 21/28 | €1k |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €0 |
| Tangible fixed assets | 22/27 | €1k |
| Financial fixed assets | 28 | €207 |
| Current assets | 29/58 | €32k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €33k |
| Equity | 10/15 | €742 |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €32k |
| Amounts payable after one year | 17 | €18k |
| Amounts payable within one year | 42/48 | €15k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €-48k |
| Operating result | 9901 | €-53k |
| Financial income | 75 | €753 |
| Financial charges | 65 | €860 |
| Result before taxes | 9903 | €-54k |
| Income taxes | 67/77 | €47 |
| Net result for the period | 9904 | €-54k |
| Result to be appropriated | 9905 | €-54k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Legal Structure
| NACE primary | Specialised construction(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 02-11-2021 |
| Status | Active |
| Postal code | - |
Establishment units
BELECO
since 20212.323.736.651
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52362A0234/00F000indicative | Wallonia | 5.3 ha | - | - |
| 25044B0357/00R000 | Wallonia | 365 m² | 1 · 96 m² | 12.2 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
24-11-2025
KBO administration
Address struck
12-09-2025
NBB filing
Annual accounts filed
2024
07-10-2024
NBB filing
Annual accounts filed
2023
06-10-2023
NBB filing
Annual accounts filed
2022
23-06-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
24-11-2025
KBO administration
Address struck
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Reparatie van elektrische apparatuur33140Reparatie en onderhoud van elektrische apparatuur33140Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Landschapsverzorging81300Landschapsverzorging81300Reparatie van huishoudapparaten en van werktuigen voor gebruik in huis en tuin95220Reparatie en onderhoud van huishoudapparaten en van werktuigen voor gebruik in huis en tuin95220
Primary activity highlighted.
Names & trade names
| Legal nameFR | BELECO |
Registration history
- 24-11-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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