BELGO CLEANING

Active

Private limited companyfounded 2005active for 21 yearsNinoofse Steenweg 571, 1070 Anderlecht, BelgiumKBO/BCE: BE 0875.163.989

Summary

The computed 12-month bankruptcy probability of BELGO CLEANING is 4.2% (elevated). The 2024 annual accounts show negative equity (-€1.4m) and a net result of €131,300. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1,080 sector peers (NACE 81, financial year 2024). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

BELGO CLEANINGActiveChecked score 47/100

Risk analysis Report Compare

Activity

Other building cleaning and industrial cleaning

NACE 81220General cleaning of buildings NACE 81210

2 sites

Size

€2.9mtotal assets 2024

Equity: -€1.4m
Profit: €131,300

Financial health

47 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.2%

Structure

2025 accounts not filed, 89 days past the deadline1 of 6 deeds summarised

Why 47raises risk1 financial year not filed after the legal deadline; last filed accounts filed 222 days late; 3 of the last 3 lateNegative equity -€1.4mFigures for financial year 2024 (filed 19-05-2026)lowers riskFounded in 2005Show the evidence

Checked score

Score 2024

47 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 32% of its sector peers (NACE 81, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0=

equity -48.1% of total assets

Liquidity 24-22

short-term debt 73.5% · cash 11.0%

Profitability 74+24

return on assets 4.5%

Bankruptcy probability, 12 months

4.2% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (479 companies, NACE 81, small)

Last 24 months 11-2024: 5.1% 12-2024: 6.2%▲ +1.1 percentage points vs 11-2024 01-2025: 9.0%▲ +2.8 percentage points vs 12-2024 02-2025: 9.0%● unchanged vs 01-2025 03-2025: 9.1%▲ +0.1 percentage points vs 02-2025 04-2025: 8.5%▼ -0.6 percentage points vs 03-2025 05-2025: 8.4%▼ -0.1 percentage points vs 04-2025 06-2025: 8.4%● unchanged vs 05-2025 07-2025: 8.4%● unchanged vs 06-2025 08-2025: 10.3%▲ +1.9 percentage points vs 07-2025highest value 09-2025: 10.3%● unchanged vs 08-2025highest value 10-2025: 10.3%● unchanged vs 09-2025highest value 11-2025: 10.3%● unchanged vs 10-2025highest value 12-2025: 10.3%● unchanged vs 11-2025highest value 01-2026: 10.3%● unchanged vs 12-2025highest value 02-2026: 10.3%● unchanged vs 01-2026highest value 03-2026: 6.3%▼ -4.0 percentage points vs 02-2026 04-2026: 1.4%▼ -4.9 percentage points vs 03-2026lowest value 05-2026: 1.5%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%▲ +0.3 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.6 percentage points vs 07-2026 09-2026: 2.9%▲ +0.4 percentage points vs 08-2026 10-2026: 4.2%▲ +1.3 percentage points vs 09-2026

No credit on open account

Liquidity tight (current ratio 1.15, compared with 1.6 in 2023, below the usual 1.5; short-term debt: 73.5% and cash: 11% 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 81, small): better than 1% on solvency, 13% on liquidity, 57% on profitability and 56% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Seven signals.

lowers riskraises risk

1 financial year not filed after the legal deadline; last filed accounts filed 222 days late; 3 of the last 3 late

NBB · filings

Founded in 2005

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Negative equity -€1.4m

NBB · annual accounts

Figures for financial year 2024 (filed 19-05-2026)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1080 sector peers (2024).

NBB · sector comparison

Position among 1080 sector peers

Solvency

better than 5%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.

NBB · 8 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline28-10-2026 today

2024 accounts filed 222 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-03-2026, 222 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 8 filings

Deviation from the deadline

2025

not filed

2024

222 days late

2023

551 days late

2022

266 days late

2021

400 days late

2020

159 days late

2019

273 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 312 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-05-2026 Annual accounts filedfinancial year 2024 · abbreviated…
19-05-2026 Annual accounts filedfinancial year 2023 · abbreviated…
10-03-2026 Annual accounts filedfinancial year 2024 · full…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€1.4m View
Caution: Among the weakest 5% on solvencysector median 41.9% · 1,080 companies -48.1% View
Positive: Back in profit in 2024after -€1.8m in 2023 €131,300 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
Flemish supportawarded from 2022 to 2025 €160,642 View

By topic

Financials

Financial year: 2024
Total assets: €2.9m
Profit: €131,300
Solvency: -48.1%

Go to Financials

Timeline

Events: 25
Since: 2007

02-02-2026Annual accounts filed
31-12-2024Back to profit
17-06-2024Purpose · Amendment of the articles ·…

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Other building cleaning and industrial cleaningNACE 81220
Founded: 18-07-2005
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 31

See the provisions in the deeds

Go to Articles of association

Key facts about BELGO CLEANING

What is the company number of BELGO CLEANING?: 0875.163.989. In Belgium the VAT number is the company number with BE in front: BE 0875.163.989.
Where is BELGO CLEANING based?: The registered office is at Ninoofse Steenweg 571, 1070 Anderlecht.Company details
What does BELGO CLEANING do?: According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
What is the legal form of BELGO CLEANING?: Private limited company (BV).
When was BELGO CLEANING founded?: On 18-07-2005.
Is BELGO CLEANING still active?: Yes, BELGO CLEANING is an active enterprise in the KBO register.
How many employees does BELGO CLEANING have?: On average 19.9 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of BELGO CLEANING?: €2.7m in financial year 2019, according to the filed annual accounts.
Is BELGO CLEANING profitable?: In financial year 2024, BELGO CLEANING made a profit of €131,300.
Where can I find the annual accounts of BELGO CLEANING?: BELGO CLEANING filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.