BELGAPOL
ActiveSummary
The computed 12-month bankruptcy probability of BELGAPOL is 3.6% (moderate). The 2024 annual accounts show negative equity (€-647k) and a net result of €-6k. Equity remains stable across the filed fiscal years (±1% per year). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check 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 2024Age of the figures
Age of the figures
21 mo
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
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-647k
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
48 d early
2022
31 d early
2021
32 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▲ 17.6%
2023 · €-8k
2018: €-10klowest in 7 years
2019: €-9k▲ +7.8% vs 2018
2020: €-3k▲ +69.0% vs 2019highest in 7 years
2021: €-6k▼ -113% vs 2020
2022: €-6k▼ -4.7% vs 2021
2023: €-8k▼ -25.9% vs 2022
2024: €-6k▲ +17.6% vs 2023
2018 → 2024
Working capital
€-328k▼ 1.6%
2023 · €-323k
2018: €-298khighest in 7 years
2019: €-306k▼ -2.5% vs 2018
2020: €-307k▼ -0.5% vs 2019
2021: €-312k▼ -1.5% vs 2020
2022: €-316k▼ -1.6% vs 2021
2023: €-323k▼ -2.0% vs 2022
2024: €-328k▼ -1.6% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-621k-€-627k▼ 0.9%€-633k▼ 1.0%€-640k▼ 1.2%€-647k▼ 1.0%
2020: €-621khighest in 5 years
2021: €-627k▼ -0.9% vs 2020
2022: €-633k▼ -1.0% vs 2021
2023: €-640k▼ -1.2% vs 2022
2024: €-647k▼ -1.0% vs 2023lowest in 5 years
Operating result€-3k-€-3k▼ 7.6%€-3k▼ 8.1%€-5k▼ 48.7%€-3k▲ 28.7%
2020: €-3khighest in 5 years
2021: €-3k▼ -7.6% vs 2020
2022: €-3k▼ -8.1% vs 2021
2023: €-5k▼ -48.7% vs 2022lowest in 5 years
2024: €-3k▲ +28.7% vs 2023
Net result€-3k-€-6k▼ 113%€-6k▼ 4.7%€-8k▼ 25.9%€-6k▲ 17.6%
2020: €-3khighest in 5 years
2021: €-6k▼ -113% vs 2020
2022: €-6k▼ -4.7% vs 2021
2023: €-8k▼ -25.9% vs 2022lowest in 5 years
2024: €-6k▲ +17.6% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €5k in 2023; the loss shrinks.
Key figures and ratios
Debt
€647k▲
2023 · €641k
Debt ≤ 1 year
€328k▲
2023 · €323k
Debt > 1 year
€253k=
2023 · €253k
Ratios withheld: a balance sheet total of €392 is too small for a meaningful ratio.
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 · 2024 against 2023 · 31 lines
Balance sheet
Code20232024
Assets
Total assets20/58€539€392▼
Current assets29/58€539€392▼
Cash at bank and in hand54/58€255€108▼
Deferred charges and accrued income490/1€283€283▼
Equity and liabilities
Total equity and liabilities10/49€539€392▼
Equity10/15€-640k€-647k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-705k€-711k▼
Amounts payable17/49€641k€647k▲
Amounts payable after more than one year17€253k€253k=
Financial debts170/4€253k€253k=
Amounts payable within one year42/48€323k€328k▲
Trade debts44€659€659=
Suppliers440/4€659€659=
Other amounts payable47/48€323k€328k▲
Accrued charges and deferred income492/3€65k€66k▲
Income statement
Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900€-4k€-3k▲
Operating profit (loss)9901€-5k€-3k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-8k€-6k▲
Profit (loss) for the period9904€-8k€-6k▲
Profit (loss) for the period to be appropriated9905€-8k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-705k€-711k▼
Profit (loss) brought forward from the previous period14P€-697k€-705k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €-2k | €-3k | €-3k | €-4k | €-3k | ▲ 31.4% |
| Operating profit (loss)9901 | €-3k | €-3k | €-3k | €-5k | €-3k | ▲ 28.7% |
| Financial income75/76B | - | €54 | €54 | - | - | - |
| Recurring financial income75 | €53 | €54 | €54 | - | - | - |
| Financial charges65/66B | - | €3k | €3k | €3k | €3k | ▼ 0.7% |
| Recurring financial charges65 | €120 | €3k | €3k | €3k | €3k | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | €-3k | €-6k | €-6k | €-8k | €-6k | ▲ 17.6% |
| Profit (loss) for the period9904 | €-3k | €-6k | €-6k | €-8k | €-6k | ▲ 17.6% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-6k | €-6k | €-8k | €-6k | ▲ 17.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11k | €12k | €11k | €539 | €392 | ▼ 27.3% |
| Current assets29/58 | €11k | €12k | €11k | €539 | €392 | ▼ 27.3% |
| Amounts receivable within one year40/41 | €11k | €11k | €11k | - | - | - |
| Trade receivables40 | - | €718 | - | - | - | - |
| Other amounts receivable41 | - | €11k | €11k | - | - | - |
| Cash at bank and in hand54/58 | €53 | €248 | €96 | €255 | €108 | ▼ 57.6% |
| Deferred charges and accrued income490/1 | - | - | €210 | €283 | €283 | ▼ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11k | €12k | €11k | €539 | €392 | ▼ 27.3% |
| Equity10/15 | €-621k | €-627k | €-633k | €-640k | €-647k | ▼ 1.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-685k | €-691k | €-697k | €-705k | €-711k | ▼ 0.9% |
| Amounts payable17/49 | €632k | €638k | €644k | €641k | €647k | ▲ 1.0% |
| Amounts payable after more than one year17 | €253k | €253k | €253k | €253k | €253k | = |
| Financial debts170/4 | - | €253k | €253k | €253k | €253k | = |
| Amounts payable within one year42/48 | €318k | €323k | €328k | €323k | €328k | ▲ 1.5% |
| Trade debts44 | €82 | €896 | €659 | €659 | €659 | = |
| Suppliers440/4 | - | €896 | €659 | €659 | €659 | = |
| Other amounts payable47/48 | - | €322k | €327k | €323k | €328k | ▲ 1.5% |
| Accrued charges and deferred income492/3 | - | €62k | €63k | €65k | €66k | ▲ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-6k | €-6k | €-8k | €-6k | ▲ 17.6% |
| Operating cash flow (approximation) | €-3k | €-6k | €-6k | €-8k | €-6k | ▲ 17.6% |
| Change in cash | - | €194 | €-151 | €159 | €-147 | ▼ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
NBB filing
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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 1994
Ground area
9,764 m²
Building footprint
5,289 m²
Volume, LiDAR
21,103 m³
Parcel 21612C0004/00D047, Brussels · tallest building 19.4 m, ±1 floor. Linked by address, not a title deed.
75
companies at this address
See who is registered here
1 establishment unit
BELGAPOL
since 19942.067.625.472
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0004/00D047 | Brussels | 9,763 m² | 1 · 5,289 m² | 19.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded10-06-1994
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.