BELIK
ActiveSummary
BELIK has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€45,486) and a net result of -€12,959. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 130 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability1▲+1
Solvency0=
Growth53▲+17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.64 in 2024; short-term debt: 149.7% and cash: 1.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-49.7%
Return on assets
-14.2%
Age of the figures
12 mo
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 -€45,486
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
21 d early
2023
13 d early
2022
19 d early
2021
4 d early
2020
38 d early
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€31,301▼ 2.5%
2020 · €32,110
EBIT margin
5.8%▼ 10.0pp
2020 · 15.8%
Net result
-€12,959▲ 44.6%
2024 · -€23,382
Working capital
-€57,916▼ 19.6%
2024 · -€48,444
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€31,301▼ 2.5%
Operating result€1,821▼ 64.2%€2,514▲ 38.1%-€15,955-€23,008▼ 44.2%-€12,466▲ 45.8%
Net result€1,377within the sector's middle half▼ 71.5%€2,143within the sector's middle half▲ 55.6%-€18,126below the sector's middle half-€23,382within the sector's middle half▼ 29.0%-€12,959within the sector's middle half▲ 44.6%
EBIT margin5.8%▼ 10.0pp
Equity€6,838below the sector's middle half▲ 25.2%€8,981below the sector's middle half▲ 31.3%-€9,145below the sector's middle half-€32,527below the sector's middle half▼ 256%-€45,486below the sector's middle half▼ 39.8%
Total assets€96,590below the sector's middle half▲ 9.1%€114,766below the sector's middle half▲ 18.8%€106,883below the sector's middle half▼ 6.9%€101,483below the sector's middle half▼ 5.1%€91,547below the sector's middle half▼ 9.8%
Debt€89,752▲ 8.0%€105,785▲ 17.9%€116,028▲ 9.7%€134,010▲ 15.5%€137,033▲ 2.3%
Working capital-€1,030▲ 80.6%€4,206-€11,707-€48,444▼ 314%-€57,916▼ 19.6%
Solvency7.1%below the sector's middle half▲ 0.9pp7.8%below the sector's middle half▲ 0.7pp-8.6%below the sector's middle half▼ 16.4pp-32.1%below the sector's middle half▼ 23.5pp-49.7%below the sector's middle half▼ 17.6pp
above
within
below
the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,466 in 2025 against €23,008 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,547
Fixed assets
€12,430 ▼ 21.9%
Current assets
€79,117 ▼ 7.5%
Key figures and ratios
EBITDA
-€9,180▲
2024 · -€19,934
Cash flow
-€9,673▲
2024 · -€20,308
Current ratio
0.58▼
2024 · 0.64
Quick ratio
0.56▼
2024 · 0.63
Debt to equity
-3.01▲
2024 · -4.12
ROA
-14.2%▲
2024 · -23.0%
Interest coverage
-125.75▲
2024 · -311.47
Debt ≤ 1 year
€137,033▲
2024 · €134,010
Income taxes
€420▲
2024 · €310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €31,301 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | €112 | €1,150 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €24,977 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,093 | €3,093 | €2,213 | €3,074 | €3,286 | ▲ 6.9% |
| Other operating charges640/8 | €1,391 | €656 | €1,412 | €1,635 | €1,547 | ▼ 5.4% |
| Non-recurring operating charges66A | €19 | - | €107 | - | - | - |
| Gross operating margin9900 | €6,324 | €6,263 | -€12,223 | -€18,299 | -€7,633 | ▲ 58.3% |
| Operating profit (loss)9901 | €1,821 | €2,514 | -€15,955 | -€23,008 | -€12,466 | ▲ 45.8% |
| Financial charges65/66B | €32 | €43 | €1,874 | €64 | €73 | ▲ 14.1% |
| Recurring financial charges65 | €32 | €43 | €56 | €64 | €73 | ▲ 14.1% |
| Non-recurring financial charges66B | - | - | €1,818 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1,789 | €2,471 | -€17,829 | -€23,072 | -€12,539 | ▲ 45.7% |
| Income taxes67/77 | €412 | €328 | €297 | €310 | €420 | ▲ 35.5% |
| Profit (loss) for the period9904 | €1,377 | €2,143 | -€18,126 | -€23,382 | -€12,959 | ▲ 44.6% |
| Profit (loss) for the period to be appropriated9905 | €1,377 | €2,143 | -€18,126 | -€23,382 | -€12,959 | ▲ 44.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,590 | €114,766 | €106,883 | €101,483 | €91,547 | ▼ 9.8% |
| Fixed assets21/28 | €7,868 | €4,775 | €2,562 | €15,917 | €12,430 | ▼ 21.9% |
| Tangible fixed assets22/27 | €7,519 | €4,426 | €2,213 | €15,568 | €12,281 | ▼ 21.1% |
| Furniture and vehicles24 | €6,640 | €4,426 | €2,213 | €15,568 | €12,281 | ▼ 21.1% |
| Other tangible fixed assets26 | €879 | - | - | - | - | - |
| Financial fixed assets28 | €349 | €349 | €349 | €349 | €149 | ▼ 57.3% |
| Current assets29/58 | €88,722 | €109,991 | €104,321 | €85,566 | €79,117 | ▼ 7.5% |
| Stocks and contracts in progress3 | €1,729 | €1,729 | €1,729 | €1,729 | €1,729 | = |
| Stocks30/36 | €1,729 | €1,729 | €1,729 | €1,729 | €1,729 | = |
| Amounts receivable within one year40/41 | €77,603 | €106,131 | €100,277 | €79,131 | €75,366 | ▼ 4.8% |
| Trade receivables40 | €76,641 | €105,771 | €98,301 | €75,944 | €75,159 | ▼ 1.0% |
| Other amounts receivable41 | €962 | €360 | €1,976 | €3,187 | €207 | ▼ 93.5% |
| Cash at bank and in hand54/58 | €3,295 | €1,286 | €1,632 | €2,225 | €1,209 | ▼ 45.7% |
| Deferred charges and accrued income490/1 | €6,095 | €845 | €683 | €2,481 | €813 | ▼ 67.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,590 | €114,766 | €106,883 | €101,483 | €91,547 | ▼ 9.8% |
| Equity10/15 | €6,838 | €8,981 | -€9,145 | -€32,527 | -€45,486 | ▼ 39.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €6,859 | €6,859 | €6,859 | €6,859 | €6,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€18,613 | -€16,470 | -€34,596 | -€57,978 | -€70,937 | ▼ 22.4% |
| Amounts payable17/49 | €89,752 | €105,785 | €116,028 | €134,010 | €137,033 | ▲ 2.3% |
| Amounts payable within one year42/48 | €89,752 | €105,785 | €116,028 | €134,010 | €137,033 | ▲ 2.3% |
| Trade debts44 | €1,156 | €868 | €116 | €29 | €2,598 | ▲ 8,859% |
| Suppliers440/4 | €1,156 | €868 | €116 | €29 | €2,598 | ▲ 8,859% |
| Taxes, remuneration and social security45 | €409 | €300 | €300 | €352 | €420 | ▲ 19.3% |
| Taxes450/3 | €409 | €300 | €300 | €352 | €420 | ▲ 19.3% |
| Other amounts payable47/48 | €88,187 | €104,617 | €115,612 | €133,629 | €134,015 | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,377 | €2,143 | -€18,126 | -€23,382 | -€12,959 | ▲ 44.6% |
| + Depreciation and write-downs630 | €3,093 | €3,093 | €2,213 | €3,074 | €3,286 | ▲ 6.9% |
| Operating cash flow (approximation) | €4,470 | €5,236 | -€15,913 | -€20,308 | -€9,673 | ▲ 52.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€16,429 | €201 | ▲ 101% |
| Change in cash | - | -€2,009 | €346 | €593 | -€1,016 | ▼ 271% |
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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Weakest financial yearnet -€23,382
Net result drops to -€23,382, the lowest in the series; recovery starts the following year.
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Back to profitnet €4,832
Net result €4,832 after 2 loss-making years.
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 6 days late
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Waterloo · 1 establishment unit since 1983
Ground area
240 m²
Building footprint
79 m²
Volume, LiDAR
624 m³
Parcel 25763M0105/00F000, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LIK
since 19832.023.767.220
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0105/00F000 | Wallonia | 240 m² | 1 · 79 m² | 10.7 m · 3 fl. |
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.
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Of 122 companies in sector 26300 we hold annual accounts for 97. 22 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
Founded27-10-1983
Fiscal year end30-09
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
33200Installation of industrial machinery and equipment
46500Wholesale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424920376
Also
9925:BE0424920376
Registered
20-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.