BELIMO Belgium
ActiveSummary
BELIMO Belgium has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €571k and a net result of €454k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+14
Solvency53▼-7
Growth75▲+10
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.31 in 2024; short-term debt: 65% of total assets), and 72.4% 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 risk○neutral
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.6%
Return on assets
22%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
29 d early
2023
93 d early
2022
81 d early
2021
86 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€9.12M▲ 31.3%
2024 · €6.94M
2022: €6.71M
2023: €6.44M
2024: €6.94M
2022 → 2025
EBIT margin
6.8%▲ 3.4pp
2024 · 3.4%
2022: 3.2%
2023: 3.1%
2024: 3.4%
2022 → 2025
Net result
€454k▲ 170%
2024 · €168k
2021: €-173k
2022: €166k
2023: €135k
2024: €168k
2021 → 2025
Working capital
€439k▲ 51.1%
2024 · €291k
2021: €84k
2022: €166k
2023: €217k
2024: €291k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.71M€6.44M▼ 4.1%€6.94M▲ 7.9%€9.12M▲ 31.3%
Equity€327k-€493k▲ 50.9%€528k▲ 7.1%€547k▲ 3.4%€571k▲ 4.5%
Operating result€-173k-€213k€201k▼ 5.9%€239k▲ 19.3%€622k▲ 160%
Net result€-173k-€166k€135k▼ 18.8%€168k▲ 24.4%€454k▲ 170%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 160% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€285k ▼ 19.9%
Current assets
€1.78M ▲ 45.8%
Equity and liabilities €2.07M
Equity
€571k ▲ 4.5%
Debt
€1.50M ▲ 45.0%
Debt's share of the balance-sheet total rises from 65.4% to 72.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€701k▲
2024 · €317k
Cash flow
€533k▲
2024 · €246k
Current ratio
1.33▲
2024 · 1.31
Quick ratio
1.15▲
2024 · 1.05
Debt to equity
2.62▲
2024 · 1.89
ROE
79.6%▲
2024 · 30.8%
ROA
22.0%▲
2024 · 10.6%
Interest coverage
156.81▼
2024 · 374.46
Debt ≤ 1 year
€1.35M▲
2024 · €934k
Income taxes
€166k▲
2024 · €68k
Staff costs
€1.00M▲
2024 · €927k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.58M€2.07M▲
Fixed assets21/28€356k€285k▼
Tangible fixed assets22/27€341k€270k▼
Plant, machinery and equipment23€29k€23k▼
Furniture and vehicles24€129k€89k▼
Other tangible fixed assets26€182k€157k▼
Financial fixed assets28€16k€16k=
Other financial fixed assets284/8€16k€16k=
Amounts receivable and cash guarantees285/8€16k€16k=
Current assets29/58€1.22M€1.78M▲
Stocks and contracts in progress3€243k€243k▲
Stocks30/36€243k€243k▲
Raw materials and consumables30/31€142€7▼
Goods purchased for resale34€243k€243k▲
Amounts receivable within one year40/41€968k€1.52M▲
Trade receivables40€825k€907k▲
Other amounts receivable41€143k€613k▲
Deferred charges and accrued income490/1€13k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.58M€2.07M▲
Equity10/15€547k€571k▲
Contributions10/11€500k€500k=
Reserves13€2k€3k▲
Tax-exempt reserves132€2k€3k▲
Profit (loss) carried forward14€45k€68k▲
Amounts payable17/49€1.03M€1.50M▲
Amounts payable within one year42/48€934k€1.35M▲
Trade debts44€519k€618k▲
Suppliers440/4€519k€618k▲
Advances received on contracts in progress46€617€189▼
Taxes, remuneration and social security45€264k€297k▲
Taxes450/3€114k€124k▲
Remuneration and social security454/9€150k€173k▲
Other amounts payable47/48€150k€430k▲
Accrued charges and deferred income492/3€100k€153k▲
Income statement
Code20242025
Operating income70/76A€6.97M€9.17M▲
Turnover70€6.94M€9.12M▲
Other operating income74€33k€50k▲
Non-recurring operating income76A-€1k
Operating charges60/66A€6.74M€8.55M▲
Goods for resale, raw materials and consumables60€5.34M€7.03M▲
Purchases600/8€5.34M€7.02M▲
Change in stocks: decrease (increase)609€711€6k▲
Services and other goods61€377k€431k▲
Remuneration, social security and pensions62€927k€1.00M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€79k▲
Other operating charges640/8€13k€7k▼
Operating profit (loss)9901€239k€622k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Income from current assets751-€3k
Other financial income752/9€2k-
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Debt charges650€848-
Other financial charges652/9€5k€4k▼
Profit (loss) for the period before taxes9903€236k€621k▲
Income taxes67/77€68k€166k▲
Taxes670/3€68k€166k▲
Tax adjustments and reversals of tax provisions77€152-
Profit (loss) for the period9904€168k€454k▲
Transfer to tax-exempt reserves689€905€905=
Profit (loss) for the period to be appropriated9905€167k€454k▲
Appropriation of the result
Profit (loss) to be appropriated9906€195k€498k▲
Profit (loss) brought forward from the previous period14P€28k€45k▲
Profit to be distributed694/7€150k€430k▲
Return on contributions (dividend)694€150k€430k▲
Social balance
Average headcount (FTE)90877.77.7=
The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2021net €454k ▲170%
Operating result €622k, net result €454k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500kEq €528k ▲7.1%
2 profitable years in a row build equity to €528k.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €166k
Net result €166k after one loss-making year.
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Grimbergen · 1 establishment unit since 2021
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.
Cokeriestraat 31850 GrimbergenGround area
1.2 ha
Building footprint
9,087 m²
Volume, LiDAR
903 m³
Parcel 23025B0285/00K000, Flanders · tallest building 31.5 m. Linked by address, not a title deed.
1 establishment unit
BELIMO Belgium
since 20212.321.670.551
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23025B0285/00K000 | Flanders | 1.2 ha | 1 · 9,086 m² | 31.5 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 317 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 317 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 473 companies in sector 46842 we hold annual accounts for 346. 268 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
46842Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.