BELGAFIBRE
ActiveSummary
The computed 12-month bankruptcy probability of BELGAFIBRE is 3.9% (moderate). The 2025 annual accounts show equity of €64k and a net result of €29k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 191 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+93
Solvency68▼-13
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.95 in 2024; short-term debt: 57.4% and cash: 15.3% of total assets), but 57.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.6%
Return on assets
19.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
31 d late
2022
30 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▲ 84.1%
2024 · €35k
2021: €37k
2022: €54k
2023: €54k
2024: €35k
2021 → 2025
Total assets
€150k▲ 141%
2024 · €62k
2021: €60k
2022: €88k
2023: €79k
2024: €62k
2021 → 2025
Net result
€29k
2024 · €-20k
2021: €51k
2022: €17k
2023: €293
2024: €-20k
2021 → 2025
Working capital
€56k▲ 114%
2024 · €26k
2021: €37k
2022: €53k
2023: €51k
2024: €26k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€54k▲ 46.9%€54k▲ 0.5%€35k▼ 36.1%€64k▲ 84.1%
Operating result€63k-€22k▼ 65.7%€-221€-20k▼ 8,989%€41k
Net result€51k-€17k▼ 66.4%€293▼ 98.3%€-20k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €41k after a loss of €20k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€8k ▼ 7.2%
Current assets
€142k ▲ 165%
Equity and liabilities €150k
Equity
€64k ▲ 84.1%
Debt
€86k ▲ 213%
Debt's share of the balance-sheet total rises from 44.2% to 57.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €-17k
Cash flow
€34k▲
2024 · €-16k
Current ratio
1.65▼
2024 · 1.95
Debt to equity
1.35▲
2024 · 0.79
ROE
45.7%▲
2024 · -56.4%
ROA
19.5%▲
2024 · -31.5%
Interest coverage
353.83▲
2024 · -145.32
Debt ≤ 1 year
€86k▲
2024 · €27k
Income taxes
€12k▲
2024 · €0
Staff costs
€55k▼
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€62k€150k▲
Fixed assets21/28€9k€8k▼
Intangible fixed assets21€7k€4k▼
Tangible fixed assets22/27€2k€4k▲
Furniture and vehicles24€2k€4k▲
Current assets29/58€53k€142k▲
Amounts receivable within one year40/41€37k€119k▲
Trade receivables40€24k€113k▲
Other amounts receivable41€13k€6k▼
Cash at bank and in hand54/58€17k€23k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€62k€150k▲
Equity10/15€35k€64k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€33k€62k▲
Amounts payable17/49€27k€86k▲
Amounts payable within one year42/48€27k€86k▲
Trade debts44€12k€28k▲
Suppliers440/4€12k€28k▲
Advances received on contracts in progress46€4k€24k▲
Taxes, remuneration and social security45€12k€33k▲
Taxes450/3€251€25k▲
Remuneration and social security454/9€11k€8k▼
Income statement
Code20242025
Remuneration, social security and pensions62€57k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€686€10k▲
Gross operating margin9900€41k€112k▲
Operating profit (loss)9901€-20k€41k▲
Financial income75/76B€655€452▼
Recurring financial income75€655€452▼
Financial charges65/66B€114€129▲
Recurring financial charges65€114€129▲
Profit (loss) for the period before taxes9903€-20k€42k▲
Income taxes67/77€0€12k▲
Profit (loss) for the period9904€-20k€29k▲
Profit (loss) for the period to be appropriated9905€-20k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€62k▲
Profit (loss) brought forward from the previous period14P€53k€33k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-20k ▼6763%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Anderlecht · 1 establishment unit since 2021
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.
Vaartdijk 1151070 AnderlechtGround area
9,940 m²
Building footprint
4,029 m²
Volume, LiDAR
92,326 m³
2 parcels, Brussels · tallest building 56.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
BELGAFIBRE
since 20212.319.851.010
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0316/00A000 | Brussels | 9,679 m² | 1 · 3,880 m² | 56.1 m · 7 fl. |
| 21003A0277/00E008 | Brussels | 261 m² | 1 · 149 m² | 14.8 m · 4 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.
Similar companies · same sector, comparable size
PHIMELEC
BE 0419.041.483
Bertrix · Eq €75k
DE PAUW MICHEL
BE 0441.631.595
Puurs-Sint-Amands · Eq €80k
MEDIA CONNECT
BE 0833.018.974
Andenne · Eq €129k
TOP TECHNIEKEN
BE 0689.953.773
Gent · Eq €193k
BY MULTINET
BE 0782.261.844
Vosselaar · Eq €212k
Of 20 companies in sector 27310 we hold annual accounts for 17. 7 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
27310Manufacture of electrical equipment
61200Telecommunications resale and intermediation services
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.