BELIFLO

Active

Private limited companyfounded 20214 yrs activeChaussée de Renaix (C) 2, 7760 Celles (lez-Tournai), BelgiumKBO/BCE: BE 0777.987.411

The computed 12-month bankruptcy probability of BELIFLO is 2.9% (moderate). The 2024 annual accounts show equity of €34k and a net result of €28k. Equity is growing by ~262.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability97▲+21

Solvency53▲+18

Growth78=

Track record94

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.33 against 0.96 in 2023; short-term debt: 72.4% and cash: 12.3% of total assets), and 72.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

27.6%

Return on assets

22.7%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

31 d late

2022

46 d early

← before the deadline after the deadline →

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

€34k▲ 467%

2023 · €6k

2022: €2k 2023: €6k

2022 → 2024

Total assets

€122k▲ 115%

2023 · €57k

2022: €38k 2023: €57k

2022 → 2024

Net result

€28k▲ 699%

2023 · €3k

2022: €-35 2023: €3k

2022 → 2024

Working capital

€29k

2023 · €-2k

2022: €-10k 2023: €-2k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€2k-€6k▲ 141%€34k▲ 467%

Operating result€824-€5k▲ 489%€34k▲ 597%

Net result€-35-€3k€28k▲ 699%

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

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 597% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €121k

96.7%

Fixed assets €4k▼ 40.1%

Current assets €117k▲ 139%

Equity and liabilities €122k

27.6%

72.4%

Equity €34k▲ 467%

Debt €88k▲ 73.9%

The debt ratio falls from 89.5% to 72.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€38k▲

2023 · €9k

Cash flow

€31k▲

2023 · €8k

Solvency

27.6%▲

2023 · 10.5%

Current ratio

1.33▲

2023 · 0.96

Quick ratio

1.33▲

2023 · 0.96

Debt / equity

2.62▼

2023 · 8.55

ROE

82.4%▲

2023 · 58.4%

ROA

22.7%▲

2023 · 6.1%

Interest coverage

735.71▲

2023 · 35.21

Debt

€88k▲

2023 · €51k

Debt ≤ 1 year

€88k▲

2023 · €51k

Income taxes

€7k▲

2023 · €1k

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€57k€122k▲

Formation expenses20€1k€738▼

Fixed assets21/28€7k€4k▼

Intangible fixed assets21€1k€999▼

Tangible fixed assets22/27€5k€3k▼

Plant, machinery and equipment23€1k€704▼

Furniture and vehicles24€515-

Other tangible fixed assets26€3k€2k▼

Current assets29/58€49k€117k▲

Stocks and contracts in progress3€40€68▲

Stocks30/36€40€68▲

Amounts receivable within one year40/41€41k€102k▲

Trade receivables40€32k€96k▲

Other amounts receivable41€9k€6k▼

Cash at bank and in hand54/58€8k€15k▲

Equity and liabilities

Total equity and liabilities10/49€57k€122k▲

Equity10/15€6k€34k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€3k€31k▲

Amounts payable17/49€51k€88k▲

Amounts payable within one year42/48€51k€88k▲

Trade debts44€40k€57k▲

Suppliers440/4€40k€57k▲

Advances received on contracts in progress46-€11k

Taxes, remuneration and social security45€1k€8k▲

Taxes450/3€1k€8k▲

Other amounts payable47/48€10k€12k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼

Other operating charges640/8€136€193▲

Gross operating margin9900€10k€38k▲

Operating profit (loss)9901€5k€34k▲

Financial income75/76B€65€562▲

Recurring financial income75€65€562▲

Financial charges65/66B€266€51▼

Recurring financial charges65€266€51▼

Profit (loss) for the period before taxes9903€5k€34k▲

Income taxes67/77€1k€7k▲

Profit (loss) for the period9904€3k€28k▲

Profit (loss) for the period to be appropriated9905€3k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€3k€31k▲

Profit (loss) brought forward from the previous period14P€-35€3k▲

The notes to these accounts (11 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

All 5Financial 2Filings 3

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

31-12

Financial Highest result since 2022net €28k ▲699%

Operating result €34k, net result €28k, both a record.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

15-06

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

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

12-01-2026 Resigned as Director

Location & real-estate footprint

Registered office, Celles (lez-Tournai) · 1 establishment unit since 2021

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.

Chaussée de Renaix (C) 27760 Celles (lez-Tournai)

Ground area

8,787 m²

Building footprint

1,505 m²

Volume, LiDAR