Checked.be · Company dossierhttps://checked.be/en/c/belgavia-0424027085 · as of 10-10-2026
BELGAVIA
Active
Foreign entity · founded 1983 · active for 43 yearsParcs d'activités Capellen 77-79, 8308 Capellen, LuxembourgKBO/BCE: BE 0424.027.085
Summary
For the legal form of BELGAVIA, Checked does not compute a bankruptcy probability. For BELGAVIA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €100.0m and a net result of €2.7m. Equity remains stable across the filed financial years (±0.1% per year). The company has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals.
2023 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
Holdings
7
Accounts 436 days overdue0 of 17 deeds read
Signalsraises riskTwo or more financial years not filedneutralFiled after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency100=
equity 91.6% of total assets
Liquidity55-1
short-term debt 6.8% · cash 4.0%
Profitability22+2
return on assets 2.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
For this legal form (e.g. a public body or a foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline10-10-2026 today
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neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-08-2024, 6 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
This company filed its last 5 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
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neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · full…
Annual accounts filedfinancial year 2022 · full…
Liquidity doublescurrent ratio 154.81
Key points
Risk: Accounts not fileddeadline was 31-07-2025436 days lateView
Positive: Result rose in 2023from €937,004 to €2.7m▲ 191%View