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BELIKOR

Dissolution or liquidation
Private limited company (pre-2019)founded 2018Engelse Wandeling(Mar) 74, 8510 Kortrijk, BelgiumKBO/BCE: BE 0697.831.361
Summary

The KBO register records for BELIKOR the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (-€1.5m) and a net result of -€2,242.

BELIKORDissolution or liquidation

Signals

Three 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 2025
Equity per financial year
1920212222232425
2019 to 2025 · latest year -€1.5m
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filings
Deviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
60 d late
2022
276 d late
2021
13 d early
2020
83 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 70 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 12 June 2018, BELIKOR was incorporated.1 Total assets went from EUR 818,571 in 2019 to EUR 116,888 in 2025 and headcount from 4.7 full-time equivalents in 2019 to 4 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€1.5m▼ 0.2%
2024 · -€1.4m
Total assets
€116,888▼ 4.4%
2024 · €122,253
Net result
-€2,242▲ 51.9%
2024 · -€4,657
Working capital
-€1.4m▼ 0.1%
2024 · -€1.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20222022202320242025
Operating result-€220,369▲ 75.0%-€4,527--€59,845▼ 1,222%-€4,971▲ 91.7%-€3,367▲ 32.3%
Net result-€222,362below the sector's middle half▲ 75.0%-€4,354below the sector's middle half--€59,954below the sector's middle half▼ 1,277%-€4,657within the sector's middle half▲ 92.2%-€2,242within the sector's middle half▲ 51.9%
Equity-€1.4mbelow the sector's middle half▼ 19.2%-€1.4mbelow the sector's middle half--€1.4mbelow the sector's middle half▼ 4.3%-€1.4mbelow the sector's middle half▼ 0.3%-€1.5mbelow the sector's middle half▼ 0.2%
Total assets€240,415below the sector's middle half▼ 38.4%€167,967below the sector's middle half-€148,173within the sector's middle half▼ 11.8%€122,253within the sector's middle half▼ 17.5%€116,888within the sector's middle half▼ 4.4%
Debt€1.6m▲ 3.8%€1.5m-€1.6m▲ 3.3%€1.6m▼ 1.0%€1.6m▼ 0.2%
Working capital-€1.5mbelow the sector's middle half▼ 35.8%-€1.4mbelow the sector's middle half--€1.4mbelow the sector's middle half▼ 5.2%-€1.4mbelow the sector's middle half▼ 0.7%-€1.4mbelow the sector's middle half▼ 0.1%
Solvency-574.1%below the sector's middle half▼ 277.6pp-824.4%below the sector's middle half--974.9%below the sector's middle half▼ 150.6pp
Current ratio0.09below the sector's middle half▼ 0.110.11below the sector's middle half-0.09below the sector's middle half▼ 0.020.08below the sector's middle half▼ 0.020.07below the sector's middle half=
Return on assets (ROA)-92.5%below the sector's middle half▲ 135.4pp-2.6%below the sector's middle half--40.5%below the sector's middle half▼ 37.9pp-3.8%below the sector's middle half▲ 36.7pp-1.9%within the sector's middle half▲ 1.9pp
Staff (FTE)4within the sector's middle half▼ 36.5%0below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result +75% on 2021. This fiscal year ran 4 months, the previous one 12.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0Operating result 2022: -€220,369-€220,369Net result 2022: -€222,362-€222,362Operating result 2022: -€4,527-€4,527Net result 2022: -€4,354-€4,354Operating result 2023: -€59,845-€59,845Net result 2023: -€59,954-€59,954Operating result 2024: -€4,971-€4,971Net result 2024: -€4,657-€4,657Operating result 2025: -€3,367-€3,367Net result 2025: -€2,242-€2,24220222022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€59,845-€59,800Net result 2023: -€59,954-€60,000Operating result 2024: -€4,971-€4,970Net result 2024: -€4,657-€4,660Operating result 2025: -€3,367-€3,370Net result 2025: -€2,242-€2,240202320242025
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,888
Fixed assets €1,050 =
Current assets €115,838 ▼ 4.4%
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.08▲
2024 · -1.08
Debt ≤ 1 year
€1.6m▼
2024 · €1.6m
Staff costs
€0▲
2024 · -€31
A ratio outside any meaningful range has been withheld (balance sheet total €116,888, equity -€1.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€122,253€116,888▼
Fixed assets21/28€1,050€1,050=
Financial fixed assets28€1,050€1,050=
Current assets29/58€121,203€115,838▼
Amounts receivable within one year40/41€3,439€3,999▲
Trade receivables40€3,202€3,202=
Other amounts receivable41€237€797▲
Cash at bank and in hand54/58€117,764€111,273▼
Deferred charges and accrued income490/1-€566
Equity and liabilities
Total equity and liabilities10/49€122,253€116,888▼
Equity10/15-€1.4m-€1.5m▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€1.5m-€1.5m▼
Provisions and deferred taxes16€3,950€3,950=
Provisions for liabilities and charges160/5€3,950€3,950=
Other liabilities and charges164/5€3,950€3,950=
Amounts payable17/49€1.6m€1.6m▼
Amounts payable within one year42/48€1.6m€1.6m▼
Current portion of amounts payable after more than one year42€16,485€16,485=
Trade debts44€1.0m€1.0m▼
Suppliers440/4€1.0m€1.0m▼
Taxes, remuneration and social security45€55,434€55,434=
Taxes450/3€5,451€5,451=
Remuneration and social security454/9€49,983€49,983=
Other amounts payable47/48€467,746€467,746=
Accrued charges and deferred income492/3-€178
Income statement Code20242025
Non-recurring operating income76A€5,219€0▼
Remuneration, social security and pensions62-€31€0▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€97€0▼
Gross operating margin9900-€4,905-€3,367▲
Operating profit (loss)9901-€4,971-€3,367▲
Financial income75/76B€566€1,141▲
Recurring financial income75€566€1,141▲
Financial charges65/66B€252€16▼
Recurring financial charges65€252€16▼
Profit (loss) for the period before taxes9903-€4,657-€2,242▲
Income taxes67/77€0-
Profit (loss) for the period9904-€4,657-€2,242▲
Profit (loss) for the period to be appropriated9905-€4,657-€2,242▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.5m-€1.5m▼
Profit (loss) brought forward from the previous period14P-€1.5m-€1.5m▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222022202320242025Change
Non-recurring operating income76A€3,791€44,362€0€5,219€0▼ 100%
Remuneration, social security and pensions62€114,036€2,814€0-€31€0▲ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,247€0----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€23,741€0€51,287€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8---€10,912€0--
Other operating charges640/8€1,217€3,423€811€97€0▼ 100%
Non-recurring operating charges66A€0€25,010€0---
Gross operating margin9900-€67,129€26,720-€18,658-€4,905-€3,367▲ 31.3%
Operating profit (loss)9901-€220,369-€4,527-€59,845-€4,971-€3,367▲ 32.3%
Financial income75/76B€5,122€843€323€566€1,141▲ 102%
Recurring financial income75€298€843€323€566€1,141▲ 102%
Non-recurring financial income76B€4,824€0----
Financial charges65/66B€5,188€670-€64€252€16▼ 93.5%
Recurring financial charges65€5,188€670-€64€252€16▼ 93.5%
Profit (loss) for the period before taxes9903-€220,435-€4,354-€59,458-€4,657-€2,242▲ 51.9%
Income taxes67/77€1,927€0€497€0--
Profit (loss) for the period9904-€222,362-€4,354-€59,954-€4,657-€2,242▲ 51.9%
Profit (loss) for the period to be appropriated9905-€222,362-€4,354-€59,954-€4,657-€2,242▲ 51.9%
Line20222022202320242025Change
Assets
Total assets20/58€240,415€167,967€148,173€122,253€116,888▼ 4.4%
Fixed assets21/28€90,466€1,050€1,050€1,050€1,050=
Tangible fixed assets22/27€82,416€0----
Land and buildings22€15,738€0----
Plant, machinery and equipment23€31,896€0----
Furniture and vehicles24€19,060€0----
Leasing and similar rights25€15,722€0----
Financial fixed assets28€8,050€1,050€1,050€1,050€1,050=
Current assets29/58€149,949€166,917€147,123€121,203€115,838▼ 4.4%
Stocks and contracts in progress3€10,000€0----
Stocks30/36€10,000€0----
Amounts receivable within one year40/41€125,370€44,766€39,203€3,439€3,999▲ 16.3%
Trade receivables40€83,740€41,985€37,595€3,202€3,202=
Other amounts receivable41€41,630€2,781€1,608€237€797▲ 237%
Cash at bank and in hand54/58€10,039€121,999€107,920€117,764€111,273▼ 5.5%
Deferred charges and accrued income490/1€4,540€151€0-€566-
Equity and liabilities
Total equity and liabilities10/49€240,415€167,967€148,173€122,253€116,888▼ 4.4%
Equity10/15-€1.4m-€1.4m-€1.4m-€1.4m-€1.5m▼ 0.2%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€1.4m-€1.4m-€1.5m-€1.5m-€1.5m▼ 0.2%
Provisions and deferred taxes16€14,000€20,081€9,169€3,950€3,950=
Provisions for liabilities and charges160/5€14,000€20,081€9,169€3,950€3,950=
Other liabilities and charges164/5€14,000€20,081€9,169€3,950€3,950=
Amounts payable17/49€1.6m€1.5m€1.6m€1.6m€1.6m▼ 0.2%
Amounts payable after more than one year17€0-----
Financial debts170/4€0-----
Amounts payable within one year42/48€1.6m€1.5m€1.6m€1.6m€1.6m▼ 0.2%
Current portion of amounts payable after more than one year42€47,995€16,485€16,485€16,485€16,485=
Financial debts43€0-----
Credit institutions430/8€0-----
Trade debts44€1.1m€994,246€1.0m€1.0m€1.0m▼ 0.3%
Suppliers440/4€1.1m€994,246€1.0m€1.0m€1.0m▼ 0.3%
Taxes, remuneration and social security45€25,836€54,057€53,983€55,434€55,434=
Taxes450/3€8,086€10,272€10,199€5,451€5,451=
Remuneration and social security454/9€17,750€43,785€43,785€49,983€49,983=
Other amounts payable47/48€467,746€467,746€467,746€467,746€467,746=
Accrued charges and deferred income492/3----€178-
Line20222022202320242025Change
Profit (loss) for the period9904-€222,362-€4,354-€59,954-€4,657-€2,242▲ 51.9%
+ Depreciation and write-downs630€14,247€0----
Operating cash flow (approximation)-€208,116-€4,354-€59,954-€4,657-€2,242▲ 51.9%
Investment in fixed assets (approximation)--€0€0€0-
Change in cash---€14,079€9,843-€6,490▼ 166%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
29-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 276 days late
2022
18-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet -€889,920
Net result drops to -€889,920, the lowest in the series.
22-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 83 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Kortrijk · 2 establishment units since 2018
seat establishment All 2 establishment units on the map
Ground area
6,428 m²
Building footprint
992 m²
Volume, LiDAR
5,684 m³
3 parcels, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Oudenaardsesteenweg(Kor) 52, 8500 Kortrijk
Joinery installation
since 20182.276.954.343
BELIKOR
Hoevestraat(Kor) 21, 8500 KortrijkWarehousing and storage
since 20192.300.714.393
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34353B0721/00M000 Flanders 5,088 m² 1 · 506 m² 10.7 m · 2 fl.
34026A0489/00D000 Flanders 941 m² 1 · 162 m² 6.7 m · 2 fl.
34354C0266/00C015 Flanders 399 m² 1 · 324 m² 12.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0697831361
Also 9925:BE0697831361
Registered 08-08-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.