BELGOCAN
ActiveThe computed 12-month bankruptcy probability of BELGOCAN is 10.4% (high). For BELGOCAN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7k and a net result of €2k. Equity is growing by ~60.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 709 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency100▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
10.4%
High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2023Solvency, return and age of the figures
Solvency
94.2%
Return on assets
29.2%
Age of the figures
33 mo
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.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-09-2024, 56 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
56 d late
2022
107 d late
2021
16 d early
2020
102 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€7k▲ 44.9%
2022 · €5k
2020: €2k
2021: €2k
2022: €5k
2020 → 2023
Total assets
€8k▲ 3.1%
2022 · €7k
2020: €7k
2021: €6k
2022: €7k
2020 → 2023
Net result
€2k▼ 30.0%
2022 · €3k
2020: €-2k
2021: €154
2022: €3k
2020 → 2023
Working capital
€6k▲ 201%
2022 · €2k
2021: €-3k
2022: €2k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€2k-€2k▲ 9.6%€5k▲ 179%€7k▲ 44.9%
Operating result€-2k-€186€3k▲ 1,599%€3k▼ 15.2%
Net result€-2k-€154€3k▲ 1,939%€2k▼ 30.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 15% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €8k
Fixed assets
€953▼ 66.6%
Current assets
€7k▲ 47.8%
Equity and liabilities €8k
Equity
€7k▲ 44.9%
Debt
€439▼ 81.8%
The debt ratio falls from 33.0% to 5.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2022 · €5k
Cash flow
€4k▼
2022 · €5k
Solvency
94.2%▲
2022 · 67.0%
Current ratio
15.00▲
2022 · 1.85
Quick ratio
15.00▲
2022 · 1.85
Debt / equity
0.06▼
2022 · 0.49
ROE
31.0%▼
2022 · 64.2%
ROA
29.2%▼
2022 · 43.0%
Interest coverage
65.65▼
2022 · 259.49
Debt
€439▼
2022 · €2k
Debt ≤ 1 year
€439▼
2022 · €2k
Income taxes
€411
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€7k€8k▲
Fixed assets21/28€3k€953▼
Tangible fixed assets22/27€3k€953▼
Furniture and vehicles24€3k€953▼
Current assets29/58€4k€7k▲
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€2k-
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€400€820▲
Equity and liabilities
Total equity and liabilities10/49€7k€8k▲
Equity10/15€5k€7k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Profit (loss) carried forward14€-1k€880▲
Amounts payable17/49€2k€439▼
Amounts payable within one year42/48€2k€439▼
Trade debts44€2k€27▼
Suppliers440/4€2k€27▼
Advances received on contracts in progress46€16-
Taxes, remuneration and social security45-€411
Taxes450/3-€411
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8-€244
Gross operating margin9900€5k€5k▼
Operating profit (loss)9901€3k€3k▼
Financial charges65/66B€20€70▲
Recurring financial charges65€20€70▲
Profit (loss) for the period before taxes9903€3k€3k▼
Income taxes67/77-€411
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€880▲
Profit (loss) brought forward from the previous period14P€-4k€-1k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Liquidity times 8current ratio 15.00
Current ratio from 1.85 to 15.00; short-term debt falls from €2k to €439.
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
31-12
Financial
Highest result since 2020net €3k ▲1939%
Operating result €3k, net result €3k, both a record.
31-12
Financial
Liquidity times 7current ratio 1.85
Current ratio from 0.27 to 1.85; short-term debt falls from €4k to €2k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €154
Net result €154 after one loss-making year.
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Agatha-Berchem · 1 establishment unit since 2019
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.
Klissenlaan 71082 Sint-Agatha-BerchemGround area
157 m²
Building footprint
74 m²
Volume, LiDAR
728 m³
Parcel 21003A0331/00R000, Brussels · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BELGOCAN
since 20192.285.404.231
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0331/00R000 | Brussels | 157 m² | 1 · 74 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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LH TRANSPORT
BE 0434.477.153
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MAN&ZOU
BE 0804.023.793
Ternat · Eq €7k
EAGLE GROUP TRANSPORT
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Of 4,918 companies in sector 53200 we hold annual accounts for 1,329. 806 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2019
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
62020IT consultancy
62200Computer consultancy and computer facilities management
53300Postal and courier activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.