BELGOFLOR
Dissolution or liquidationSignals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920212224
2018 to 2024 · latest year -€7.1m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
31 d late
2022
37 d late
2021
9 d early
2020
90 d late
2019
91 d 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 50 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Agents in non-specialised wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€7.1m▲ 2.3%
2022 · -€7.3m
Total assets
€274,397▼ 22.3%
2022 · €352,978
Net result
-€2,420▼ 150%
2022 · -€969
Working capital
-€7.1m▲ 2.2%
2022 · -€7.3m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222024
Operating result-€0.02m▲ 92.1%-€0.2m▼ 661%€0.05m-€0.001m-€0.002m-
Net result-€0.02m▲ 92.1%-€0.2mbelow the sector's middle half▼ 651%€0.05mwithin the sector's middle half-€0.001mwithin the sector's middle half-€0.002mwithin the sector's middle half-
Equity-€7.2m▼ 0.3%-€7.4mbelow the sector's middle half▼ 2.6%-€7.3mbelow the sector's middle half▲ 0.6%-€7.3mbelow the sector's middle half=-€7.1mbelow the sector's middle half-
Total assets€0.5m▼ 37.3%€0.4mbelow the sector's middle half▼ 17.8%€0.4mbelow the sector's middle half▼ 1.0%€0.4mwithin the sector's middle half▼ 3.9%€0.3mwithin the sector's middle half-
Debt€7.6m▼ 2.7%€7.7m▲ 1.6%€7.6m▼ 0.7%€7.6m▼ 0.2%€7.4m-
Working capital-€7.1m▼ 0.8%-€7.3mbelow the sector's middle half▼ 2.8%-€7.3mbelow the sector's middle half▲ 0.6%-€7.3mbelow the sector's middle half=-€7.1mbelow the sector's middle half-
Solvency
Current ratio0.06▼ 0.030.05below the sector's middle half▼ 0.010.05below the sector's middle half=0.05below the sector's middle half=0.04below the sector's middle half-
Return on assets (ROA)-5.5%▲ 38.3pp-50.1%below the sector's middle half▼ 44.7pp12.8%above the sector's middle half▲ 62.9pp-0.3%within the sector's middle half▼ 13.0pp-0.9%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€2,415 in 2024, compared with -€964 in 2022. Comparable figures for the intervening years are unavailable.
Key figures and ratios
Debt ≤ 1 year
€7.4m▼
2022 · €7.6m
A ratio outside any meaningful range has been withheld (balance sheet total €274,397, equity -€7.1m).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €890 | €50,771 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€15,000 | - | - | - | - |
| Other operating charges640/8 | - | €3,834 | €1,389 | - | - | - |
| Non-recurring operating charges66A | - | €183,910 | - | - | - | - |
| Gross operating margin9900 | -€29,748 | -€15,729 | €48,280 | -€964 | -€2,415 | - |
| Operating profit (loss)9901 | -€24,781 | -€188,473 | €46,891 | -€964 | -€2,415 | - |
| Financial income75/76B | - | €2,387 | - | - | - | - |
| Recurring financial income75 | €0 | €2,387 | - | - | - | - |
| Financial charges65/66B | - | €5 | €5 | €5 | €5 | - |
| Recurring financial charges65 | €5 | €5 | €5 | €5 | €5 | - |
| Profit (loss) for the period before taxes9903 | -€24,785 | -€186,091 | €46,886 | -€969 | -€2,420 | - |
| Profit (loss) for the period9904 | -€24,785 | -€186,091 | €46,886 | -€969 | -€2,420 | - |
| Profit (loss) for the period to be appropriated9905 | -€24,785 | -€186,091 | €46,886 | -€969 | -€2,420 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | - |
| Current assets29/58 | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | - |
| Amounts receivable within one year40/41 | €0.3m | €0.1m | €0.1m | €0.1m | €0.002m | - |
| Trade receivables40 | - | €0.1m | €0.1m | €0.1m | - | - |
| Other amounts receivable41 | - | - | €395 | €113 | €0.002m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | - |
| Equity10/15 | -€7.2m | -€7.4m | -€7.3m | -€7.3m | -€7.1m | - |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | - |
| Capital10 | - | €0.5m | €0.5m | €0.5m | €0.5m | - |
| Issued capital100 | - | €0.5m | €0.5m | €0.5m | €0.5m | - |
| Outside capital11 | - | €125 | €125 | €125 | €125 | - |
| Share premium1100/10 | - | €125 | €125 | €125 | €125 | - |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Non-distributable reserves130/1 | - | €0.02m | €0.02m | €0.02m | €0.02m | - |
| Legal reserve130 | - | €0.02m | €0.02m | €0.02m | €0.02m | - |
| Tax-exempt reserves132 | - | €0.02m | €0.02m | €0.02m | €0.02m | - |
| Distributable reserves133 | - | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Profit (loss) carried forward14 | -€7.9m | -€8.1m | -€8.0m | -€8.0m | -€7.9m | - |
| Provisions and deferred taxes16 | €0.06m | €0.05m | €0.05m | €0.05m | €0.04m | - |
| Provisions for liabilities and charges160/5 | - | €0.05m | €0.05m | €0.05m | €0.04m | - |
| Other liabilities and charges164/5 | - | €0.05m | €0.05m | €0.05m | €0.04m | - |
| Amounts payable17/49 | €7.6m | €7.7m | €7.6m | €7.6m | €7.4m | - |
| Amounts payable within one year42/48 | €7.6m | €7.7m | €7.6m | €7.6m | €7.4m | - |
| Financial debts43 | - | €0.4m | €0.4m | €0.4m | €0.4m | - |
| Credit institutions430/8 | - | €0.4m | €0.4m | €0.4m | €0.4m | - |
| Trade debts44 | €2.6m | €2.7m | €2.7m | €2.7m | €2.4m | - |
| Suppliers440/4 | - | €2.7m | €2.7m | €2.7m | €2.4m | - |
| Taxes, remuneration and social security45 | - | €1.8m | €1.7m | €1.7m | €1.7m | - |
| Taxes450/3 | - | €0.3m | €0.3m | €0.3m | €0.3m | - |
| Remuneration and social security454/9 | - | €1.5m | €1.4m | €1.4m | €1.4m | - |
| Other amounts payable47/48 | - | €2.8m | €2.8m | €2.8m | €2.8m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,785 | -€186,091 | €46,886 | -€969 | -€2,420 | - |
| Operating cash flow (approximation) | -€24,785 | -€186,091 | €46,886 | -€969 | -€2,420 | - |
| Change in cash | - | €109,793 | -€361 | -€12,206 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €46,886
Net result €46,886 after 3 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 145 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 14 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kortrijk · 2 establishment units since 1987
Ground area
5.6 ha
Building footprint
2.4 ha
Volume, LiDAR
338,321 m³
3 parcels, Flanders · tallest building 29.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Warande(Heu) 7/9, 8501 Kortrijk
since 1987unit no. 2.029.958.788
Belgoflor
since 2016unit no. 2.255.504.574
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0282/00N000 | Flanders | 2.4 ha | 1 · 3,456 m² | 24.2 m · 5 fl. |
| 34016C0340/00N009 | Flanders | 1.8 ha | 1 · 8,891 m² | 11.8 m · 3 fl. |
| 34353H1142/00X000 | Flanders | 1.4 ha | 1 · 1.1 ha | 28.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,138 companies in this sector we hold annual accounts for 2,575. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded03-08-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431697510
Also
9925:BE0431697510
Registered
08-04-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.