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BeLine

Active
Private limited company (pre-2019)founded 201511 yrs activeProvinciebaan 126, 3110 Rotselaar, BelgiumKBO/BCE: BE 0568.693.182
Summary

For BeLine, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €10k and a net result of €4k. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 15221 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability77▲+47
Solvency100▲+41
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023
Solvency, return and age of the figures
Solvency
82.4%
Return on assets
34.3%
Age of the figures
33 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
Wholesale trade (NACE 46)
about 21% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-06-2024, 34 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
34 d early
2022
37 d late
2021
46 d early
2020
31 d early
2019
14 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 2023, micro schema

Equity
€10k▲ 71.3%
2022 · €6k
Total assets
€12k▼ 30.3%
2022 · €17k
Net result
€4k
2022 · €-1k
Working capital
€10k▲ 132%
2022 · €4k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€460▼ 97.5%€6k▲ 1,171%€-9k€-819▲ 91.3%€4k
Net result€2k▼ 79.9%€4k▲ 82.9%€-10k€-1k▲ 86.2%€4k
Equity€13k▲ 23.4%€17k▲ 34.7%€7k▼ 57.8%€6k▼ 18.9%€10k▲ 71.3%
Total assets€27k▲ 44.9%€21k▼ 22.7%€13k▼ 37.4%€17k▲ 33.6%€12k▼ 30.3%
Debt€14k▲ 71.3%€4k▼ 73.5%€6k▲ 54.3%€12k▲ 98.3%€2k▼ 81.5%
Working capital€9k▼ 11.6%€10k▲ 18.6%€3k▼ 70.7%€4k▲ 38.6%€10k▲ 132%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2019: €460€460Net result 2019: €2k€2kOperating result 2020: €6k€6kNet result 2020: €4k€4kOperating result 2021: €-9k€-9kNet result 2021: €-10k€-10kOperating result 2022: €-819€-819Net result 2022: €-1k€-1kOperating result 2023: €4k€4kNet result 2023: €4k€4k20192020202120222023€-10k€-5k€0€5kOperating result 2021: €-9k€-9.4kNet result 2021: €-10k€-9.8kOperating result 2022: €-819€-819Net result 2022: €-1k€-1.4kOperating result 2023: €4k€3.7kNet result 2023: €4k€4.2k202120222023
The operating result returns to profit in 2023: €4k after a loss of €819 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €12k
Fixed assets €480 ▼ 72.4%
Current assets €12k ▼ 25.6%
Equity and liabilities €12k
Equity €10k ▲ 71.3%
Debt €2k ▼ 81.5%
Debt's share of the balance-sheet total falls from 66.5% to 17.6%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€5k▲
2022 · €2k
Cash flow
€5k▲
2022 · €1k
Current ratio
5.45▲
2022 · 1.35
Debt to equity
0.21▼
2022 · 1.98
ROE
41.6%▲
2022 · -23.2%
ROA
34.3%▲
2022 · -7.8%
Interest coverage
3.20▲
2022 · 2.50
Debt ≤ 1 year
€2k▼
2022 · €12k
Income taxes
€162▼
2022 · €167
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 · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€17k€12k▼
Fixed assets21/28€2k€480▼
Tangible fixed assets22/27€2k€480▼
Plant, machinery and equipment23€2k€480▼
Current assets29/58€16k€12k▼
Amounts receivable within one year40/41€15k€10k▼
Trade receivables40€13k€2k▼
Other amounts receivable41€2k€8k▲
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€17k€12k▼
Equity10/15€6k€10k▲
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-8k€-4k▲
Amounts payable17/49€12k€2k▼
Amounts payable within one year42/48€12k€2k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€9k-
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€3k€6k▲
Operating profit (loss)9901€-819€4k▲
Financial income75/76B€300€2k▲
Recurring financial income75€300€2k▲
Financial charges65/66B€672€2k▲
Recurring financial charges65€672€2k▲
Profit (loss) for the period before taxes9903€-1k€4k▲
Income taxes67/77€167€162▼
Profit (loss) for the period9904€-1k€4k▲
Profit (loss) for the period to be appropriated9905€-1k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-4k▲
Profit (loss) brought forward from the previous period14P€-7k€-8k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k€3k€2k€1k▼ 49.6%
Other operating charges640/8--€1k€1k€1k▲ 16.5%
Gross operating margin9900€3k€9k€-6k€3k€6k▲ 126%
Operating profit (loss)9901€460€6k€-9k€-819€4k▲ 558%
Financial income75/76B--€465€300€2k▲ 615%
Recurring financial income75€3k€128€465€300€2k▲ 615%
Financial charges65/66B--€673€672€2k▲ 133%
Recurring financial charges65€86€173€673€672€2k▲ 133%
Profit (loss) for the period before taxes9903€4k€6k€-10k€-1k€4k▲ 463%
Income taxes67/77€1k€1k€208€167€162▼ 3.0%
Profit (loss) for the period9904€2k€4k€-10k€-1k€4k▲ 407%
Profit (loss) for the period to be appropriated9905€2k€4k€-10k€-1k€4k▲ 407%
Line20192020202120222023Change
Assets
Total assets20/58€27k€21k€13k€17k€12k▼ 30.3%
Fixed assets21/28€4k€7k€4k€2k€480▼ 72.4%
Tangible fixed assets22/27€4k€7k€4k€2k€480▼ 72.4%
Plant, machinery and equipment23--€4k€2k€480▼ 72.4%
Current assets29/58€23k€14k€9k€16k€12k▼ 25.6%
Amounts receivable within one year40/41€18k€5k€6k€15k€10k▼ 32.6%
Trade receivables40--€4k€13k€2k▼ 85.4%
Other amounts receivable41--€2k€2k€8k▲ 336%
Cash at bank and in hand54/58€4k€9k€3k€1k€2k▲ 75.3%
Equity and liabilities
Total equity and liabilities10/49€27k€21k€13k€17k€12k▼ 30.3%
Equity10/15€13k€17k€7k€6k€10k▲ 71.3%
Contributions10/11€12k€12k€12k€12k€12k=
Outside capital11--€12k€12k€12k=
Other1109/19--€12k€12k€12k=
Reserves13€2k€2k€2k€2k€2k=
Non-distributable reserves130/1--€2k€2k--
Legal reserve130--€2k€2k--
Distributable reserves133----€2k-
Profit (loss) carried forward14€-2k€3k€-7k€-8k€-4k▲ 49.5%
Amounts payable17/49€14k€4k€6k€12k€2k▼ 81.5%
Amounts payable within one year42/48€14k€4k€6k€12k€2k▼ 81.5%
Trade debts44€12k€4k€1k€2k€1k▼ 39.2%
Suppliers440/4--€1k€2k€1k▼ 39.2%
Taxes, remuneration and social security45--€220€1k€1k▲ 6.5%
Taxes450/3--€220€1k€1k▲ 6.5%
Other amounts payable47/48--€4k€9k--
Line20192020202120222023Change
Profit (loss) for the period9904€2k€4k€-10k€-1k€4k▲ 407%
+ Depreciation and write-downs630€1k€2k€3k€2k€1k▼ 49.6%
Operating cash flow (approximation)€4k€7k€-7k€1k€5k▲ 375%
Investment in fixed assets (approximation)-€-5k€0€0€0-
Change in cash-€5k€-5k€-2k€768▲ 135%

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

2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 5.45
Current ratio from 1.35 to 5.45; short-term debt falls from €12k to €2k.
06-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity doublescurrent ratio 3.67
Current ratio from 1.60 to 3.67; short-term debt falls from €14k to €4k.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Rotselaar · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2,022 m²
Building footprint
205 m²
Volume, LiDAR
911 m³
Parcel 24094B0001/00H000, Flanders · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BeLine
Provinciebaan 126, 3110 RotselaarAgents in non-specialised wholesale trade
since 20152.239.253.611
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24094B0001/00H000 Flanders 2,022 m² 1 · 205 m² 5.8 m · 2 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.

Similar companies · same sector, comparable size

Of 4,415 companies in sector 46180 we hold annual accounts for 1,884. 900 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 (pre-2019)
Founded14-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products

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