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BELGOFINE

Active
Private limited companyfounded 20206 years activeKersbeeklaan 308, 1180 Ukkel, BelgiumKBO/BCE: BE 0753.873.112
Summary

The computed 12-month bankruptcy probability of BELGOFINE is 10.9% (high). The 2024 annual accounts show equity of €12,869 and a net result of €906. Equity is shrinking by ~2.8% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€15,179total assets 2024
Equity
€12,869
Profit
€906
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.9%
Structure
Accounts 69 days overdue1 of 5 deeds read
Why 34- Figures for FY 2024 (filed 03-07-2025)- 1 change of registered office in 24 months- No main activity registered+ Size: total assets €15,179Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 67% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 100+5
equity 84.8% of total assets
Liquidity 93+18
short-term debt 15.2%
Profitability 52+15
return on assets 6.0%
Bankruptcy probability, 12 months
10.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 4.4% 12-2024: 4.4%● unchanged vs 11-2024 01-2025: 4.4%● unchanged vs 12-2024 02-2025: 4.4%● unchanged vs 01-2025 03-2025: 4.5%▲ +0.1 percentage points vs 02-2025 04-2025: 4.6%▲ +0.1 percentage points vs 03-2025 05-2025: 4.7%▲ +0.1 percentage points vs 04-2025 06-2025: 8.8%▲ +4.1 percentage points vs 05-2025 07-2025: 8.5%▼ -0.3 percentage points vs 06-2025 08-2025: 4.6%▼ -3.9 percentage points vs 07-2025 09-2025: 4.3%▼ -0.3 percentage points vs 08-2025 10-2025: 4.2%▼ -0.1 percentage points vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 4.1%▼ -0.1 percentage points vs 11-2025 01-2026: 3.9%▼ -0.2 percentage points vs 12-2025lowest value 02-2026: 3.9%● unchanged vs 01-2026lowest value 03-2026: 4.0%▲ +0.1 percentage points vs 02-2026 04-2026: 4.4%▲ +0.4 percentage points vs 03-2026 05-2026: 4.7%▲ +0.3 percentage points vs 04-2026 06-2026: 5.3%▲ +0.6 percentage points vs 05-2026 07-2026: 5.4%▲ +0.1 percentage points vs 06-2026 08-2026: 6.0%▲ +0.6 percentage points vs 07-2026 09-2026: 6.9%▲ +0.9 percentage points vs 08-2026 10-2026: 10.9%▲ +4.0 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 6.57 against 3.29 in 2023; short-term debt: 15.2% of total assets), and 15.2% of the assets are financed with debt.
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 (no NACE code, micro): better than 81% on solvency, 84% on liquidity, 37% on profitability and 64% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 03-07-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · No main activity registered
KBO
lowers risk · Size: total assets €15,179
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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 03-07-2025, 28 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
28 days early
2023
22 days early
2022
44 days early
2021
67 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 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.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: Caramanna Stefania (director)Power of attorney
  2. Annual accounts filedfiscal year 2024 · full…
  3. Back to profitnet €906

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • New directorlatest change 28-11-2025 · 1 in office 1 joined View
  • Total assets 20244 fiscal years filed €15,179 View

By topic

Financials

Fiscal year
2024
Total assets
€15,179
Profit
€906
Solvency
84.8%
Total assets▼ 11.7%
Net result
20212024
Go to Financials

Timeline

Events
6
Since
2022
  1. 09-07-2024Annual accounts filed
  2. 17-06-2023Annual accounts filed
  3. 06-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
09-09-2020
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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