Full dossier in preparation
Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Process with priority
Sign in free to move this company to the front.
Age3 yrs
Real estate1 parcel · 1,383 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BELEM INVEST is 1.2% (low). The 2025 annual accounts show negative equity (€-64k) and a net result of €-45k. Its solvency ranks better than 14% of 1339 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.2%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 03-06-2026 | 58 d early | 2026-00138423 |
| 31-12-2024 | 31-07-2025 | 30-06-2025 | 31 d early | 2025-00208139 |
| 31-12-2023 | 31-07-2024 | 10-06-2024 | 51 d early | 2024-00123213 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-45k+52.2%
Working capital€-7k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 03-06-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -5.5% | 22.9% | |
| Net result | €-45k | €10k | |
| Equity | €-64k | €44k | |
| Gross operating margin | €48k | €39k | |
| Total assets | €1.16M | €291k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€42k
+50.0%
24-25
€-45k
+52.2%
24-25
€6k
-
24-25
€1.16M
-2.7%
24-25
€-64k
-238.8%
24-25
€-7k
-
24-25
€1.22M
+1.0%
24-25
€49k
-14.1%
24-25
€1.18M
+1.8%
24-25
0.86
-27.4%
24-25
0.86
-27.4%
24-25
-5.5%
-248.4%
24-25
-19.24
+70.2%
24-25
70.5%
-85.9%
24-25
-3.9%
+50.8%
24-25
1.18
+37.8%
24-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €42k |
| Net profit | €-45k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.16M |
| Equity | €-64k |
| Debt | €1.22M |
| of which ≤ 1y | €49k |
| of which > 1y | €1.18M |
| Working capital | €-7k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.86 |
| Quick ratio | 0.86 |
| Working capital ratio | -0.6% |
| Solvency | -5.5% |
| Debt / equity | -19.24 |
| Long-term debt ratio | -18.47 |
| Interest coverage | 1.18 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.9% |
| ROE | 70.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.16M |
| Fixed assets | 21/28 | €1.12M |
| Tangible fixed assets | 22/27 | €1.12M |
| Current assets | 29/58 | €42k |
| Amounts receivable within one year | 40/41 | €33k |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.16M |
| Equity | 10/15 | €-64k |
| Contributions / capital | 10/11 | €150k |
| Accumulated profits (losses) | 14 | €-214k |
| Amounts payable | 17/49 | €1.22M |
| Amounts payable after one year | 17 | €1.18M |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €67 |
| Income statement | ||
| Gross operating margin | 9900 | €48k |
| Operating result | 9901 | €-10k |
| Financial charges | 65 | €35k |
| Result before taxes | 9903 | €-45k |
| Net result for the period | 9904 | €-45k |
| Result to be appropriated | 9905 | €-45k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed20
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsFormer directors (2)
-
Former- → 06-10-2023
-
Former- → 06-10-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Handel in eigen onroerend goed(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 09-02-2023 |
| Status | Active |
| Postal code | 5100 |
Structure & network
Locations & real estate
Registered office
on the map · from the address register
Namur
exact location from the address register
Establishment units
1 locationBELEM INVEST
since 20232.342.537.528
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,383 m²
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0211/00W006 | Wallonia | 1,383 m² | - | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts All acts · 2
updated 7 months ago
2025
31-12-2025 2 resigning
2023
13-02-2023 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes63
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
20
Profitability
100
Solvency
41
Growth
58
Stability
94
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten68122Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203
Primary activity highlighted.
Names & trade names
| Legal nameFR | BELEM INVEST |
Registered office
Rue des Scabieuses(NN) 20 bus A
5100 Namur, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.