BELFI+
BELFI+ is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €383k and a net result of €72k. Its solvency ranks better than 38% of 3135 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €383k |
| Net result | €72k |
| Better than sector | 38% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.3% | 52.4% | |
| Net result | €72k | €32k | |
| Equity | €383k | €75k | |
| Gross operating margin | €122k | €52k | |
| Total assets | €1.06M | €192k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €72k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €22k |
| Dividends | - |
| Total assets | €1.06M |
| Equity | €383k |
| Debt | €673k |
| of which ≤ 1y | €306k |
| of which > 1y | €367k |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 36.3% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 6.9% |
| ROE | 18.9% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.06M |
| Fixed assets | 21/28 | €1.00M |
| Financial fixed assets | 28 | €1.00M |
| Current assets | 29/58 | €57k |
| Amounts receivable within one year | 40/41 | €26k |
| Cash & bank | 54/58 | €30k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.06M |
| Equity | 10/15 | €383k |
| Contributions / capital | 10/11 | €150k |
| Reserves | 13 | €233k |
| Accumulated profits (losses) | 14 | €187 |
| Amounts payable | 17/49 | €673k |
| Amounts payable after one year | 17 | €367k |
| Amounts payable within one year | 42/48 | €306k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €122k |
| Operating result | 9901 | €122k |
| Financial charges | 65 | €27k |
| Result before taxes | 9903 | €95k |
| Income taxes | 67/77 | €22k |
| Net result for the period | 9904 | €72k |
| Result to be appropriated | 9905 | €72k |
-
Current20-01-2026 → present
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 17-04-2023 |
| Status | Active |
| Postal code | 4020 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0923/00W002 | Wallonia | 2,188 m² | 1 · 576 m² | 10.6 m · 3 fl. |
| 62817C0167/00N000 | Wallonia | 209 m² | 1 · 61 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-02-2026 Emilie FRANSSEN appointed as director
- Emilie FRANSSEN, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Emilie FRANSSEN",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "1019185829",
"name": "EMEXCO",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2026-01-20",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9signe, avec effet imm\u00E9diat et sans limitation de dur\u00E9e, un administrateur suppl\u00E9mentaire: la srl EMEXCO, qui a son si\u00E8ge Chemin du C\u00F4re\u00FB, 31 \u00E0 4845 Jalhay, qui est immatricul\u00E9e \u00E0 la BCE sous le num\u00E9ro 1019.185.829 et qui sera repr\u00E9sent\u00E9e par Mme Emilie FRANSSEN, domicili\u00E9e \u00E0 la m\u00EAme ad"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0800.841.797",
"name_full": "BELFI",
"legal_form": "SRL"
}
}21-10-2025 Registered office moved within Liège
- Rue du Parc 37, 4020 Liège → Quai des Vennes 18-20, 4020 Liège
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Li\u00E8ge",
"region": null,
"street": "Quai des Vennes",
"country": "BE",
"postcode": "4020",
"box_number": null,
"street_number": "18-20"
},
"old_address": {
"city": "Li\u00E8ge",
"region": null,
"street": "Rue du Parc",
"country": "BE",
"postcode": "4020",
"box_number": null,
"street_number": "37"
},
"effective_date": "2025-09-22",
"evidence_quote": "Objet de l\u0027acte: Transfert du si\u00E8ge ... A compter de ce jour, le si\u00E8ge de la soci\u00E9t\u00E9 sera \u00E9tabli \u00E0 l\u0027adresse suivante : Quai des Vennes, 18-20 - B\u00E2timent L, \u00E0 4020 Li\u00E8ge."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0800.841.797",
"name_full": "BELFI\u002B",
"legal_form": "SRL"
}
}24-07-2024 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0800.841.797",
"name_full": "BELFI\u002B",
"legal_form": "SRL"
}
}19-04-2023 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4020 Li\u00E8ge, Rue du Parc 37",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1966-07-11",
"name": "JOHNEN Jean Claude Marie Ghislain G\u00E9rard",
"niss": null,
"address": "4850 Plombi\u00E8res, rue de Birken, 40"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 50000,
"holder_person_name": "JOHNEN Jean Claude Marie Ghislain G\u00E9rard",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-12-16",
"name": "DEMONCEAU Didier Joseph No\u00EBl Ghislain",
"niss": null,
"address": "4432 Ans (Xhendremael), rue de Juprelle, 120"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 50000,
"holder_person_name": "DEMONCEAU Didier Joseph No\u00EBl Ghislain",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1979-03-20",
"name": "CAMBRON Magali Ariane Jeanne Marie",
"niss": null,
"address": "4181 Hamoir, rue de Sy, 7"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 50000,
"holder_person_name": "CAMBRON Magali Ariane Jeanne Marie",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 150000,
"subject_company": {
"kbo": "0800.841.797",
"name_full": "BELFI\u002B",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2023-04-17",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BELFI+ |