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BELGOTEC MASTER

Active
Private limited companyfounded 20224 yrs activeVan der Schuerenstraat(Ned) 50, 9400 Ninove, BelgiumKBO/BCE: BE 0787.945.252
Summary

The computed 12-month bankruptcy probability of BELGOTEC MASTER is 14.4% (high). The 2023 annual accounts show equity of €1,521 and a net result of -€3,479. Its solvency ranks better than 66% of 8997 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

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
Axes, FY 2023
Profitability0
Solvency81
Growth-
Track record63
Bankruptcy probability, 12 months
14.4% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023
Age of the figures
Age of the figures
33 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 1 filing
Deviation from the deadline
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 30 days after the deadline; the sector median for financial year 2023 is on the deadline day, and 47% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled

History

BELGOTEC MASTER was incorporated on 1 July 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
€1,521
Total assets
€2,719
Net result
-€3,479
Working capital
€1,521

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €2,719
Equity €1,521
Debt €1,198
Debt finances 44.1% of the balance-sheet total.
Key figures and ratios
2023 value
EBITDA
-€2,246
Cash flow
-€2,314
Interest coverage
-17.86
Debt ≤ 1 year
€1,198
Ratios withheld: a balance sheet total of €2,719 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 27 lines
Balance sheet Code2023
Assets
Total assets20/58€2,719
Current assets29/58€2,719
Amounts receivable within one year40/41€2,719
Trade receivables40€189
Other amounts receivable41€2,530
Equity and liabilities
Total equity and liabilities10/49€2,719
Equity10/15€1,521
Contributions10/11€5,000
Profit (loss) carried forward14-€3,479
Amounts payable17/49€1,198
Amounts payable within one year42/48€1,198
Financial debts43€97
Credit institutions430/8€97
Trade debts44€1,102
Suppliers440/4€1,102
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,166
Other operating charges640/8€348
Gross operating margin9900-€1,899
Operating profit (loss)9901-€3,412
Financial income75/76B€58
Recurring financial income75€58
Financial charges65/66B€126
Recurring financial charges65€126
Profit (loss) for the period before taxes9903-€3,479
Profit (loss) for the period9904-€3,479
Profit (loss) for the period to be appropriated9905-€3,479
Appropriation of the result
Profit (loss) to be appropriated9906-€3,479

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,166
Other operating charges640/8€348
Gross operating margin9900-€1,899
Operating profit (loss)9901-€3,412
Financial income75/76B€58
Recurring financial income75€58
Financial charges65/66B€126
Recurring financial charges65€126
Profit (loss) for the period before taxes9903-€3,479
Profit (loss) for the period9904-€3,479
Profit (loss) for the period to be appropriated9905-€3,479
Line2023
Assets
Total assets20/58€2,719
Current assets29/58€2,719
Amounts receivable within one year40/41€2,719
Trade receivables40€189
Other amounts receivable41€2,530
Equity and liabilities
Total equity and liabilities10/49€2,719
Equity10/15€1,521
Contributions10/11€5,000
Profit (loss) carried forward14-€3,479
Amounts payable17/49€1,198
Amounts payable within one year42/48€1,198
Financial debts43€97
Credit institutions430/8€97
Trade debts44€1,102
Suppliers440/4€1,102
Line2023
Profit (loss) for the period9904-€3,479
+ Depreciation and write-downs630€1,166
Operating cash flow (approximation)-€2,314

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
05-09
KBO administration Address strikeout annulled
29-08
KBO administration Address struck
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
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, Ninove · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
367 m²
Building footprint
148 m²
Volume, LiDAR
943 m³
2 parcels, Flanders, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BELGOTEC MASTER
Ruelle Martin(THN) 2, 6530 ThuinGeneral construction of residential buildings
since 20252.379.209.268
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
41044A0424/00T002 Flanders 326 m² 1 · 107 m² 11.1 m · 2 fl.
56078E0213/00Z000 Wallonia 41 m² 1 · 41 m² 9.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 2,668 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
46180Agents specialised in the wholesale of other particular products
Contact
E-mail ft.hk@hotmail.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.