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Belieco

Active
Private limited companyfounded 20223 yrs activeKerkstraat 162, 2940 Stabroek, BelgiumKBO/BCE: BE 0794.675.468

Belieco has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108k and a net result of €52k. Equity is growing by ~96.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
92 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.47 against 3.18 in 2023; short-term debt: 19.5% and cash: 66.9% of total assets), and 19.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 3 years 0 10 y
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 18-07-2025, 13 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
13 d early
2023
30 d late
2022
3 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€108k▲ 92.5%
2023 · €56k
2022: €-301 2023: €56k
2022 → 2024
Total assets
€134k▲ 89.6%
2023 · €71k
2022: €4k 2023: €71k
2022 → 2024
Net result
€52k▼ 8.0%
2023 · €56k
2022: €-2k 2023: €56k
2022 → 2024
Working capital
€91k▲ 185%
2023 · €32k
2022: €-301 2023: €32k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€-301-€56k€108k▲ 92.5%
Operating result€-2k-€71k€66k▼ 7.2%
Net result€-2k-€56k€52k▼ 8.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60k€80kOperating result 2022: €-2k€-2kNet result 2022: €-2k€-2kOperating result 2023: €71k€71kNet result 2023: €56k€56kOperating result 2024: €66k€66kNet result 2024: €52k€52k202220232024
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €134k
Fixed assets €17k▼ 29.7%
Current assets €117k▲ 151%
Equity and liabilities €134k
Equity €108k▲ 92.5%
Debt €26k▲ 78.7%
The debt ratio falls from 20.7% to 19.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€75k
2023 · €77k
Cash flow
€61k
2023 · €62k
Solvency
80.5%
2023 · 79.3%
Current ratio
4.47
2023 · 3.18
Quick ratio
4.47
2023 · 3.18
Debt / equity
0.24
2023 · 0.26
ROE
48.1%
2023 · 100.5%
ROA
38.7%
2023 · 79.7%
Interest coverage
1365.69
2023 · 2174.72
Debt
€26k
2023 · €15k
Debt ≤ 1 year
€26k
2023 · €15k
Income taxes
€15k
2023 · €15k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€71k€134k
Fixed assets21/28€24k€17k
Tangible fixed assets22/27€24k€17k
Furniture and vehicles24€24k€17k
Current assets29/58€47k€117k
Amounts receivable within one year40/41€34k€15k
Trade receivables40€33k€14k
Other amounts receivable41€818€1k
Current investments50/53-€12k
Cash at bank and in hand54/58€13k€90k
Equity and liabilities
Total equity and liabilities10/49€71k€134k
Equity10/15€56k€108k
Contributions10/11€2k€2k=
Profit (loss) carried forward14€54k€106k
Amounts payable17/49€15k€26k
Amounts payable within one year42/48€15k€26k
Trade debts44€2k€2k
Suppliers440/4€2k€2k
Taxes, remuneration and social security45€13k€24k
Taxes450/3€13k€24k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k
Other operating charges640/8€475€311
Gross operating margin9900€78k€75k
Operating profit (loss)9901€71k€66k
Financial income75/76B-€50
Recurring financial income75-€50
Financial charges65/66B€36€55
Recurring financial charges65€36€55
Profit (loss) for the period before taxes9903€71k€66k
Income taxes67/77€15k€15k
Profit (loss) for the period9904€56k€52k
Profit (loss) for the period to be appropriated9905€56k€52k
Appropriation of the result
Profit (loss) to be appropriated9906€54k€106k
Profit (loss) brought forward from the previous period14P€-2k€54k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100kEq €108k ▲92.5%
2 profitable years in a row build equity to €108k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €56k
Net result €56k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 3.18
Current ratio from 0.92 to 3.18.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Stabroek · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Kerkstraat 1622940 Stabroek
Ground area
1,149 m²
Building footprint
157 m²
Volume, LiDAR
723 m³
Parcel 11020K0306/00R000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Belieco
Kerkstraat 162, 2940 StabroekOther activities auxiliary to financial services, excluding insurance and pension funding
since 20222.338.864.196
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11020K0306/00R000 Flanders 1,149 m² 1 · 157 m² 7.8 m · 1 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.

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,700 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-12-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
66199Other activities auxiliary to financial services, excluding insurance and pension funding
69109Other legal services
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.