BELGA-GROUP
ActiveThe computed 12-month bankruptcy probability of BELGA-GROUP is 4.1% (elevated). The 2024 annual accounts show negative equity (€-38k) and a net result of €-94k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 5898 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -33 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency33▼-34
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 1.49 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-168.6%
Return on assets
-413.4%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€38k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
30 d late
2022
92 d late
2021
25 d early
2020
86 d late
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-38k
2023 · €55k
2018: €27k
2019: €36k
2020: €54k
2021: €61k
2022: €69k
2023: €55k
2018 → 2024
Total assets
€23k▼ 85.2%
2023 · €153k
2018: €70k
2019: €79k
2020: €118k
2021: €177k
2022: €176k
2023: €153k
2018 → 2024
Net result
€-94k▼ 360%
2023 · €-20k
2018: €7k
2019: €10k
2020: €18k
2021: €7k
2022: €32k
2023: €-20k
2018 → 2024
Working capital
€-40k
2023 · €43k
2018: €21k
2019: €32k
2020: €111k
2021: €94k
2022: €54k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€61k▲ 12.9%€69k▲ 12.7%€55k▼ 19.4%€-38k
Operating result€18k-€13k▼ 26.6%€36k▲ 165%€-14k€-18k▼ 31.9%
Net result€18k-€7k▼ 61.2%€32k▲ 355%€-20k€-94k▼ 360%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €14k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23k
Fixed assets
€2k▼ 90.0%
Current assets
€20k▼ 84.4%
Key figures and ratios
EBITDA
€-16k▼
2023 · €-4k
Cash flow
€-92k▼
2023 · €-11k
Solvency
-168.6%▼
2023 · 36.2%
Current ratio
0.34▼
2023 · 1.49
Quick ratio
0.34▼
2023 · 1.49
Debt / equity
-1.59▼
2023 · 1.76
ROE
245.2%▲
2023 · -36.7%
ROA
-413.4%▼
2023 · -13.3%
Interest coverage
-74.51▼
2023 · -11.99
Debt
€61k▼
2023 · €98k
Debt ≤ 1 year
€61k▼
2023 · €88k
Income taxes
€4k▼
2023 · €6k
Staff costs
€8k▼
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€153k€23k▼
Fixed assets21/28€22k€2k▼
Tangible fixed assets22/27€21k€694▼
Furniture and vehicles24€2k€694▼
Leasing and similar rights25€18k-
Financial fixed assets28€2k€2k=
Current assets29/58€131k€20k▼
Amounts receivable within one year40/41€128k€20k▼
Trade receivables40€104k-
Other amounts receivable41€25k€20k▼
Cash at bank and in hand54/58€3k€880▼
Equity and liabilities
Total equity and liabilities10/49€153k€23k▼
Equity10/15€55k€-38k▼
Contributions10/11€18k€18k=
Capital10€18k€18k=
Issued capital100€19k€19k=
Uncalled capital101€150€150=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€35k€-59k▼
Amounts payable17/49€98k€61k▼
Amounts payable after more than one year17€10k-
Financial debts170/4€10k-
Amounts payable within one year42/48€88k€61k▼
Current portion of amounts payable after more than one year42€7k-
Trade debts44€75k€3k▼
Suppliers440/4€75k€3k▼
Taxes, remuneration and social security45€6k€58k▲
Remuneration and social security454/9€6k€58k▲
Income statement
Code20232024
Non-recurring operating income76A€7k€2k▼
Remuneration, social security and pensions62€17k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€2k▼
Other operating charges640/8€1k-
Gross operating margin9900€14k€-8k▼
Operating profit (loss)9901€-14k€-18k▼
Financial income75/76B€0€8▲
Recurring financial income75€0€8▲
Financial charges65/66B€365€72k▲
Recurring financial charges65€365€219▼
Non-recurring financial charges66B-€72k
Profit (loss) for the period before taxes9903€-14k€-90k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€-20k€-94k▼
Profit (loss) for the period to be appropriated9905€-20k€-94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-59k▼
Profit (loss) brought forward from the previous period14P€56k€35k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Highest result since 2018net €32k ▲355%
Operating result €36k, net result €32k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial
Liquidity times 10current ratio 17.63
Current ratio from 1.75 to 17.63; short-term debt falls from €42k to €7k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Alsembergsesteenweg 8421180 UkkelGround area
4,168 m²
Building footprint
2,951 m²
Volume, LiDAR
30,959 m³
2 parcels, Brussels · tallest building 17.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BELGA-GROUP
since 20132.216.756.143
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0130/00K006 | Brussels | 2,552 m² | 1 · 1,862 m² | 17.9 m · 4 fl. |
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,264 companies in sector 81210 we hold annual accounts for 2,690. 2,212 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-2013
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.