BELGOTRADING CY
ActiveBELGOTRADING CY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €-44k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-14
Solvency70▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.94 in 2024; short-term debt: 55.5% of total assets), but 55.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-44k
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 29-05-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
9 d early
2023
3 d late
2022
362 d late
2021
161 d late
2020
22 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€248k▼ 14.9%
2024 · €291k
2018: €435k
2019: €434k
2020: €447k
2021: €451k
2022: €370k
2023: €305k
2024: €291k
2018 → 2025
Total assets
€557k▼ 7.0%
2024 · €598k
2018: €1.07M
2019: €1.09M
2020: €1.07M
2021: €736k
2022: €658k
2023: €615k
2024: €598k
2018 → 2025
Net result
€-44k▼ 227%
2024 · €-13k
2018: €1k
2019: €-528
2020: €13k
2021: €4k
2022: €-82k
2023: €-65k
2024: €-13k
2018 → 2025
Working capital
€246k▼ 15.0%
2024 · €290k
2018: €434k
2019: €432k
2020: €445k
2021: €450k
2022: €368k
2023: €303k
2024: €290k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€451k-€370k▼ 18.1%€305k▼ 17.5%€291k▼ 4.4%€248k▼ 14.9%
Operating result€7k-€-82k€-42k▲ 48.7%€-20k▲ 51.9%€-44k▼ 116%
Net result€4k-€-82k€-65k▲ 20.7%€-13k▲ 79.5%€-44k▼ 227%
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 stays negative: a loss of €44k in 2025 against €20k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557k
Fixed assets
€2k=
Current assets
€555k▼ 7.0%
Equity and liabilities €557k
Equity
€248k▼ 14.9%
Debt
€309k▲ 0.6%
The debt ratio rises from 51.3% to 55.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
44.5%▼
2024 · 48.7%
Current ratio
1.80▼
2024 · 1.94
Quick ratio
0.03▲
2024 · 0.03
Debt / equity
1.25▲
2024 · 1.05
ROE
-17.5%▼
2024 · -4.6%
ROA
-7.8%▼
2024 · -2.2%
Debt
€309k▲
2024 · €307k
Debt ≤ 1 year
€309k▲
2024 · €307k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€598k€557k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€597k€555k▼
Stocks and contracts in progress3€589k€545k▼
Stocks30/36€589k€545k▼
Amounts receivable within one year40/41€8k€10k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€598k€557k▼
Equity10/15€291k€248k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€131k€131k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€100k€100k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€61k€17k▼
Amounts payable17/49€307k€309k▲
Amounts payable within one year42/48€307k€309k▲
Trade debts44€280k€282k▲
Suppliers440/4€280k€282k▲
Taxes, remuneration and social security45€13k€13k=
Taxes450/3€13k€13k=
Other amounts payable47/48€13k€13k▲
Income statement
Code20242025
Gross operating margin9900€-20k€-44k▼
Operating profit (loss)9901€-20k€-44k▼
Financial income75/76B€9k-
Recurring financial income75€9k-
Financial charges65/66B€2k€0▼
Recurring financial charges65€2k€0▼
Profit (loss) for the period before taxes9903€-13k€-44k▼
Profit (loss) for the period9904€-13k€-44k▼
Profit (loss) for the period to be appropriated9905€-13k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€17k▼
Profit (loss) brought forward from the previous period14P€74k€61k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 362 days late
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 161 days late
31-10
Financial
Weakest financial yearnet €-82k ▼2003%
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
31-10
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 1988
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.
Pelikaanstraat 782018 AntwerpenGround area
2,937 m²
Building footprint
2,012 m²
Volume, LiDAR
51,458 m³
Parcel 11808H1182/00F018, Flanders · tallest building 41.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
RADISON
since 19882.034.558.865
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1182/00F018 | Flanders | 2,937 m² | 1 · 2,012 m² | 41.6 m · 10 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
VALUE COMPANY
BE 0630.738.144
Antwerpen · Eq €248k
SHAMAS
BE 0420.259.824
Antwerpen · Eq €246k
DGM ROUGH
BE 0846.686.769
Herentals · Eq €251k
ANTWERP DIAMOND SALES
BE 0404.928.280
Antwerpen · Eq €243k
NAKODIAM
BE 0448.717.743
Antwerpen · Eq €253k
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-02-1988
Fiscal year end31-10
Activities, NACEBEL
46861Wholesale of diamonds and other precious stones
51561
32121Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.