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Belgo-Seeds

Active
Private limited companyfounded 2009active for 17 yearsLampestraat(Rol) 113, 8510 Kortrijk, BelgiumKBO/BCE: BE 0819.226.960

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Belgo-Seeds is 3.7% (moderate). The 2025 annual accounts show negative equity (-€426,368) and a net result of -€936,972. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 7% of 9,811 sector peers (NACE 46, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 02-10-2009 Normal situation
Legal form
Private limited company
Registered office
Lampestraat(Rol) 113, 8510 Kortrijk
Activity
Wholesale trade NACE 46211and 1 other
Establishment unit
2.181.513.964 8510 Kortrijk, since 12-10-2009
Financial year end
31 March
Peppol
Reachable since 22-01-2026

How it is doing

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Annual accounts to 31-03-2025
Gross margin
-€71,848
Loss
€936,972
▲ 192%
Equity
-€426,368
Total assets
€865,167
▼ 79.5%
Turnover not published (abbreviated format)2026 accounts not filed, 1 day past the deadline
Filed on 16-01-2026PDF
Why 47raises riskLoss of €936,972, the second in a row (financial year 2025)1 change of registered office in 24 monthsNegative equity -€426,368lowers riskSize: total assets €865,167Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 0-37
equity -49.3% of total assets
Liquidity 57+25
short-term debt 55.9% · cash 28.2%
Profitability 0-9
return on assets -108.3%
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.3%▼ -0.5 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.7%▲ +0.4 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.1 percentage points vs 07-2025 09-2025: 1.2%▲ +0.3 percentage points vs 08-2025 10-2025: 1.3%▲ +0.1 percentage points vs 09-2025 11-2025: 1.9%▲ +0.6 percentage points vs 10-2025 12-2025: 2.4%▲ +0.5 percentage points vs 11-2025 01-2026: 4.1%▲ +1.7 percentage points vs 12-2025highest value 02-2026: 3.5%▼ -0.6 percentage points vs 01-2026 03-2026: 3.5%● unchanged vs 02-2026 04-2026: 3.5%● unchanged vs 03-2026 05-2026: 3.6%▲ +0.1 percentage points vs 04-2026 06-2026: 3.5%▼ -0.1 percentage points vs 05-2026 07-2026: 3.5%● unchanged vs 06-2026 08-2026: 3.7%▲ +0.2 percentage points vs 07-2026 09-2026: 3.6%▼ -0.1 percentage points vs 08-2026 10-2026: 3.7%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.48, compared with 0.22 in 2024, below the usual 1.5; short-term debt: 55.9% and cash: 28.2% 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 46, micro): better than 6% on solvency, 62% on liquidity, 6% on profitability and 3% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Loss of €936,972, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€426,368
NBB · annual accounts
lowers risk · Size: total assets €865,167
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192021232425
2019 to 2025 · latest year -€426,368
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-01-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
77 days late
2024
7 days late
2023
1 day early
2021
1 day early
2020
24 days early
2019
on the day
← 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 10 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€426,368 View
  • Caution: Result fell in 2025from -€321,155 to -€936,972 ▼ 192% View
  • Caution: Among the weakest 5% on net resultsector median €26,870 · 9,790 companies -€936,972 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€936,972 View

Documents

Annual accounts at the NBB

All 15 annual accounts

Articles and registers

Key facts about Belgo-Seeds

What is the company number of Belgo-Seeds?
0819.226.960. In Belgium the VAT number is the company number with BE in front: BE 0819.226.960.
Where is Belgo-Seeds based?
The registered office is at Lampestraat(Rol) 113, 8510 Kortrijk.Company details
What does Belgo-Seeds do?
According to the KBO register, the main activity is wholesale trade (NACE 46211).
What is the legal form of Belgo-Seeds?
Private limited company (BV).
When was Belgo-Seeds founded?
On 02-10-2009.
Is Belgo-Seeds still active?
Yes, Belgo-Seeds is an active enterprise in the KBO register.
What is the turnover of Belgo-Seeds?
The annual accounts for financial year 2025 state no turnover: the abbreviated format does not require it.Financials
Is Belgo-Seeds profitable?
In financial year 2025, Belgo-Seeds made a loss of €936,972.
Where can I find the annual accounts of Belgo-Seeds?
Belgo-Seeds filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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