BELICHA
InactiveInactive since 24-09-2026; last annual accounts for fiscal year 2025. Dissolved and wound up in a single deed on 15-09-2026; books and records kept in Hasselt.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
51 d early
2024
29 d late
2023
31 d late
2022
30 d late
2021
17 d late
2020
25 d late
2019
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days after 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)
History
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a date before the end?Company as of a date
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€1.2m
EBIT margin
-18.4%
Net result
-€249,594▼ 318%
2024 · -€59,764
Working capital
-€1.5m▼ 20.0%
2024 · -€1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€128,897▲ 63.7%-€121,212▲ 6.0%-€108,505▲ 10.5%-€58,322▲ 46.2%-€248,455▼ 326%
Net result-€129,471▲ 63.7%-€121,183▲ 6.4%-€109,139▲ 9.9%-€59,764▲ 45.2%-€249,594▼ 318%
EBIT margin
Equity-€937,884▼ 16.0%-€1.1m▼ 12.9%-€1.2m▼ 10.3%-€1.2m▼ 5.1%-€1.5m▼ 20.3%
Total assets€303,561▼ 35.0%€255,194▼ 15.9%€195,101▼ 23.5%€204,884▲ 5.0%€7,271▼ 96.5%
Debt€1.2m▼ 2.6%€1.3m▲ 5.9%€1.4m▲ 3.7%€1.4m▲ 5.1%€1.5m▲ 3.6%
Working capital-€1.0m▼ 17.9%-€1.1m▼ 9.5%-€1.2m▼ 6.3%-€1.2m▼ 3.6%-€1.5m▼ 20.0%
Staff (FTE)2▼ 57.4%1.2▼ 40.0%1▼ 16.7%1=0.8▼ 20.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €248,455 in 2025 against €58,322 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
EBITDA
-€247,583▼
2024 · -€43,526
Cash flow
-€248,722▼
2024 · -€44,968
Current ratio
0.00▼
2024 · 0.14
Debt to equity
-1.00▲
2024 · -1.17
Interest coverage
-333.94▼
2024 · -81.95
Debt ≤ 1 year
€1.5m▲
2024 · €1.4m
Income taxes
€398▼
2024 · €911
Staff costs
€96,108▲
2024 · €74,064
A ratio outside any meaningful range has been withheld (balance sheet total €7,271, equity -€1.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,000 | €11,436 | - | - |
| Remuneration, social security and pensions62 | €144,352 | €74,777 | €70,663 | €74,064 | €96,108 | ▲ 29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,547 | €40,393 | €38,592 | €14,796 | €872 | ▼ 94.1% |
| Other operating charges640/8 | €7,206 | €8,085 | €10,904 | €2,410 | €1,848 | ▼ 23.3% |
| Non-recurring operating charges66A | - | - | - | - | €154,140 | - |
| Gross operating margin9900 | €66,208 | €2,043 | €11,654 | €32,948 | €4,512 | ▼ 86.3% |
| Operating profit (loss)9901 | -€128,897 | -€121,212 | -€108,505 | -€58,322 | -€248,455 | ▼ 326% |
| Financial income75/76B | €1,468 | €1,730 | €0 | - | €0 | - |
| Recurring financial income75 | €1,468 | €1,730 | €0 | - | €0 | - |
| Financial charges65/66B | €1,769 | €1,403 | €636 | €531 | €741 | ▲ 39.6% |
| Recurring financial charges65 | €1,769 | €1,403 | €636 | €531 | €741 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | -€129,198 | -€120,884 | -€109,141 | -€58,853 | -€249,196 | ▼ 323% |
| Income taxes67/77 | €274 | €298 | -€2 | €911 | €398 | ▼ 56.3% |
| Profit (loss) for the period9904 | -€129,471 | -€121,183 | -€109,139 | -€59,764 | -€249,594 | ▼ 318% |
| Profit (loss) for the period to be appropriated9905 | -€129,471 | -€121,183 | -€109,139 | -€59,764 | -€249,594 | ▼ 318% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €303,561 | €255,194 | €195,101 | €204,884 | €7,271 | ▼ 96.5% |
| Fixed assets21/28 | €95,324 | €55,430 | €16,839 | €2,043 | - | - |
| Intangible fixed assets21 | €79,060 | €46,020 | €12,980 | - | - | - |
| Tangible fixed assets22/27 | €16,189 | €8,835 | €3,284 | €1,468 | - | - |
| Plant, machinery and equipment23 | €100 | - | - | - | - | - |
| Furniture and vehicles24 | €11,254 | €6,071 | €2,340 | €1,468 | - | - |
| Other tangible fixed assets26 | €4,834 | €2,764 | €944 | - | - | - |
| Financial fixed assets28 | €75 | €575 | €575 | €575 | - | - |
| Current assets29/58 | €208,237 | €199,764 | €178,262 | €202,841 | €7,271 | ▼ 96.4% |
| Stocks and contracts in progress3 | €2,523 | €2,523 | - | - | - | - |
| Contracts in progress37 | €2,523 | €2,523 | - | - | - | - |
| Amounts receivable within one year40/41 | €187,039 | €185,816 | €169,480 | €183,743 | €6,876 | ▼ 96.3% |
| Trade receivables40 | €157,843 | €154,902 | €143,514 | €157,777 | - | - |
| Other amounts receivable41 | €29,196 | €30,914 | €25,966 | €25,966 | €6,876 | ▼ 73.5% |
| Cash at bank and in hand54/58 | €14,545 | €9,981 | €7,677 | €18,885 | €395 | ▼ 97.9% |
| Deferred charges and accrued income490/1 | €4,130 | €1,443 | €1,105 | €214 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €303,561 | €255,194 | €195,101 | €204,884 | €7,271 | ▼ 96.5% |
| Equity10/15 | -€937,884 | -€1.1m | -€1.2m | -€1.2m | -€1.5m | ▼ 20.3% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Issued capital100 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | -€1.1m | -€1.2m | -€1.3m | -€1.4m | -€1.6m | ▼ 18.1% |
| Amounts payable17/49 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 3.6% |
| Amounts payable after more than one year17 | €15,364 | - | - | - | - | - |
| Financial debts170/4 | €15,364 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | €63,445 | €15,364 | - | - | - | - |
| Trade debts44 | €924,847 | €935,683 | €882,691 | €870,395 | €846,644 | ▼ 2.7% |
| Suppliers440/4 | €924,847 | €935,683 | €882,691 | €870,395 | €846,644 | ▼ 2.7% |
| Advances received on contracts in progress46 | €5,638 | €5,638 | - | - | - | - |
| Taxes, remuneration and social security45 | €20,554 | €9,961 | €12,213 | €13,829 | €13,412 | ▼ 3.0% |
| Taxes450/3 | €7,897 | €5,107 | €1,365 | €3,438 | €398 | ▼ 88.4% |
| Remuneration and social security454/9 | €12,657 | €4,854 | €10,849 | €10,391 | €13,014 | ▲ 25.2% |
| Other amounts payable47/48 | €211,398 | €347,598 | €468,363 | €546,478 | €620,978 | ▲ 13.6% |
| Accrued charges and deferred income492/3 | €198 | €17 | €39 | €2,151 | €3,800 | ▲ 76.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€129,471 | -€121,183 | -€109,139 | -€59,764 | -€249,594 | ▼ 318% |
| + Depreciation and write-downs630 | €43,547 | €40,393 | €38,592 | €14,796 | €872 | ▼ 94.1% |
| Operating cash flow (approximation) | -€85,925 | -€80,790 | -€70,547 | -€44,968 | -€248,722 | ▼ 453% |
| Investment in fixed assets (approximation) | - | -€500 | €0 | €0 | - | - |
| Change in cash | - | -€4,564 | -€2,304 | €11,207 | -€18,489 | ▼ 265% |
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
Next filing, fiscal year 2026, expected by
2026
25-09
State Gazette act
Registered office · Resignations & appointments · End & cessationAppointment: BDO Bedrijfsrevisoren (statutory auditor) · Resignations: group a, NARWAL and BDO Bedrijfsrevisoren · Statutes amendment21 facts ▸
State Gazette act
Registered office · Resignations & appointments · End & cessation
Appointment: BDO Bedrijfsrevisoren (statutory auditor) · Resignations: group a, NARWAL and BDO Bedrijfsrevisoren · Statutes amendment21 facts ▸
- Auditor appointment, BDO Bedrijfsrevisoren (statutory auditor)
- Statutes amendment
- Registered-office move, 4030 Liège, 25 boulevard de Douai
- General meeting, 15-09-2026
- Auditor report, 15-09-2026
- Dissolution, 15-09-2026
- Declaration, aucune dette envers des tiers née depuis l'établissement du bilan, ou toutes dettes réglées avant l'assemblée
- Declaration, responsabilité de l'organe d'administration envers les tiers, article 2:79 du Code des sociétés et des associations
- Asset distribution, proportionnellement à leur participation, article 2:104 du Code des sociétés et des associations
- Declaration, montant égal à la somme de l'apport remboursé et de sa part dans le solde de liquidation, responsabilité des actionnaires pour les dettes non payées à la clôtur…
- Declaration, absence de biens immobiliers, droits de propriété, droits réels, sûretés réelles, créances hypothécaires, éléments soumis à un décret ou ordonnance relative à l…
- Custody of records, durée prévue par la loi, 3500 Hasselt, Luikersteenweg 254
- +9 further facts in this act
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet -€357,150
Net result drops to -€357,150, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
Statutory auditor 1
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
CurrentStatutory auditor · since 15-09-2026 · perm. rep.: DELBEKE Michaël
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mons
Ground area
704 m²
Building footprint
996 m²
Parcel 53059D0108/00X009, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53059D0108/00X009 | Wallonia | 704 m² | 1 · 996 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 1 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES |
|
| GROUP A |
|
| Narwal |
|
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: Ravot. The sources do not say who stands above it.
Owners 1
- GROUP AparentSourceaccounts GROUP A 202599.9%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.