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Belfort Trading

Active
Private limited companyfounded 2020active for 6 yearsBelfortstraat 33, 9000 Gent, BelgiumKBO/BCE: BE 0747.489.720

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Belfort Trading has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,304) and a net result of €21,875. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 13,692 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
Belfort TradingActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 19-05-2020 Normal situation
Legal form
Private limited company
Registered office
Belfortstraat 33, 9000 Gent
Activity
Agents in the wholesale of food, beverages and tobacco NACE 46170and 1 other
Establishment units
2.302.685.176 9000 Gent, since 19-05-2020
2.329.953.955 9000 Gent, since 15-05-2022
Financial year end
31 December
Peppol
Reachable since 13-10-2025
Company details

Who decides

Board
  • Jaenen DorienDirector
  • Liu XiaoDirector
Board & ownership

How it is doing

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€28,052
▲ 82.8%
Turnover
≈ €120,000
estimated
Profit
€21,875
▲ 137%
Equity
-€13,304
▲ 62.2%
Total assets
€65,053
▲ 41.5%
2025 accounts 15 days early
Filed on 16-07-2026at the National Bank
Financials
Why 56raises riskCapped at 59: negative equityNegative equity -€13,304Founded in 2020lowers riskLiquidity: current ratio 0.64, cash €34,855Size: total assets €65,053Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 5+5
equity -20.5% of total assets
Liquidity 50+18
short-term debt 120.3% · cash 53.6%
Profitability 100+6
return on assets 33.6%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 3.0% 12-2024: 3.0%● unchanged vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 2.9%▼ -0.1 percentage points vs 04-2025 06-2025: 3.0%▲ +0.1 percentage points vs 05-2025 07-2025: 3.0%● unchanged vs 06-2025 08-2025: 3.8%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 2.0%▼ -1.8 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 1.9%▼ -0.1 percentage points vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▼ -1.1 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.64, compared with 0.34 in 2024, below 1; short-term debt: 120.3% and cash: 53.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 12% on solvency, 51% on liquidity, 95% on profitability and 90% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€13,304
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.64, cash €34,855
NBB · annual accounts
lowers risk · Size: total assets €65,053
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 13692 sector peers (2025).
NBB · sector comparison
Position among 13692 sector peers
Solvency
better than 15%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
15 days early
2024
29 days late
2023
27 days late
2022
31 days late
2021
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€13,304 View
  • Caution: Among the weakest 15% on equitysector median €56,557 · 13,722 companies -€13,304 View

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Belfort Trading

What is the company number of Belfort Trading?
0747.489.720. In Belgium the VAT number is the company number with BE in front: BE 0747.489.720.
Where is Belfort Trading based?
The registered office is at Belfortstraat 33, 9000 Gent.Company details
What does Belfort Trading do?
According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
What is the legal form of Belfort Trading?
Private limited company (BV).
When was Belfort Trading founded?
On 19-05-2020.
Is Belfort Trading still active?
Yes, Belfort Trading is an active enterprise in the KBO register.
What is the turnover of Belfort Trading?
≈ €120,000 in financial year 2025. Estimated from the gross margin of €28,052: probably between €77,000 and €310,000, based on 38 comparable companies, NACE 461.Financials
Is Belfort Trading profitable?
In financial year 2025, Belfort Trading made a profit of €21,875.
Where can I find the annual accounts of Belfort Trading?
Belfort Trading filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Belfort Trading due?
By 31-07-2027, for financial year 2026.Timeline

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