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BELINI

Active
Private limited companyfounded 20179 yrs activeKrokussenlaan 14, 3583 Beringen, BelgiumKBO/BCE: BE 0670.807.953
Summary

The computed 12-month bankruptcy probability of BELINI is 1.8% (moderate). The 2024 annual accounts show equity of €34,284 and a net result of -€24,570. Equity is shrinking by ~16.2% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency89▲+16
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.77 against 1.73 in 2023; short-term debt: 36% and cash: 63.8% of total assets), and 36% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
64%
Return on assets
-45.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€24,570
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
27 d late
2022
25 d late
2021
30 d late
2020
3 d early
2019
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

History

BELINI was incorporated on 7 February 2017.1 Total assets fell from EUR 165,413 in 2018 to EUR 53,560 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€34,284▼ 41.7%
2023 · €58,854
Total assets
€53,560▼ 56.3%
2023 · €122,577
Net result
-€24,570▼ 8.9%
2023 · -€22,563
Working capital
€34,090▼ 26.9%
2023 · €46,605
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
Line20202021202220232024
Operating result-€11,571-€22,504▼ 94.5%€14,374-€21,654-€23,628▼ 9.1%
Net result-€11,946-€28,531▼ 139%€7,770-€22,563-€24,570▼ 8.9%
Equity€102,178▼ 10.5%€73,647▼ 27.9%€81,417▲ 10.6%€58,854▼ 27.7%€34,284▼ 41.7%
Total assets€211,138▼ 30.6%€543,191▲ 157%€232,655▼ 57.2%€122,577▼ 47.3%€53,560▼ 56.3%
Debt€108,961▼ 42.7%€469,544▲ 331%€151,238▼ 67.8%€63,723▼ 57.9%€19,276▼ 69.8%
Working capital€43,250▼ 56.7%€30,573▼ 29.3%€53,775▲ 75.9%€46,605▼ 13.3%€34,090▼ 26.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€11,571-€11,571Net result 2020: -€11,946-€11,946Operating result 2021: -€22,504-€22,504Net result 2021: -€28,531-€28,531Operating result 2022: €14,374€14,374Net result 2022: €7,770€7,770Operating result 2023: -€21,654-€21,654Net result 2023: -€22,563-€22,563Operating result 2024: -€23,628-€23,628Net result 2024: -€24,570-€24,57020202021202220232024-€30,000-€20,000-€10,000€0€10,000Operating result 2022: €14,374€14,400Net result 2022: €7,770€7,770Operating result 2023: -€21,654-€21,700Net result 2023: -€22,563-€22,600Operating result 2024: -€23,628-€23,600Net result 2024: -€24,570-€24,600202220232024
The operating result stays negative: a loss of €23,628 in 2024 against €21,654 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53,560
Fixed assets €194 ▼ 98.4%
Current assets €53,366 ▼ 51.6%
Equity and liabilities €53,560
Equity €34,284 ▼ 41.7%
Debt €19,276 ▼ 69.8%
Debt's share of the balance-sheet total falls from 52.0% to 36.0%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€11,573▼
2023 · -€6,260
Cash flow
-€12,515▼
2023 · -€7,169
Current ratio
2.77▲
2023 · 1.73
Debt to equity
0.56▼
2023 · 1.08
ROE
-71.7%▼
2023 · -38.3%
ROA
-45.9%▼
2023 · -18.4%
Interest coverage
-15.94▼
2023 · -9.01
Debt ≤ 1 year
€19,276▼
2023 · €63,723
Income taxes
€216▲
2023 · €215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.8% went bankrupt
9.2% stopped otherwise
87% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 3,597 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€122,577€53,560▼
Fixed assets21/28€12,249€194▼
Tangible fixed assets22/27€12,249€194▼
Furniture and vehicles24€12,249€194▼
Current assets29/58€110,328€53,366▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€100,945€18,604▼
Trade receivables40€0-
Other amounts receivable41€100,945€18,604▼
Cash at bank and in hand54/58€9,383€34,164▲
Deferred charges and accrued income490/1€0€598▲
Equity and liabilities
Total equity and liabilities10/49€122,577€53,560▼
Equity10/15€58,854€34,284▼
Contributions10/11€7,600€7,600=
Reserves13€106,524€106,524=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€106,524€106,524=
Profit (loss) carried forward14-€55,270-€79,840▼
Amounts payable17/49€63,723€19,276▼
Amounts payable within one year42/48€63,723€19,276▼
Trade debts44€596€1,061▲
Suppliers440/4€596€1,061▲
Taxes, remuneration and social security45€434€535▲
Taxes450/3€434€535▲
Other amounts payable47/48€62,693€17,679▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,394€12,055▼
Other operating charges640/8€763€774▲
Gross operating margin9900-€5,497-€10,799▼
Operating profit (loss)9901-€21,654-€23,628▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€695€726▲
Recurring financial charges65€695€726▲
Profit (loss) for the period before taxes9903-€22,348-€24,354▼
Income taxes67/77€215€216▲
Profit (loss) for the period9904-€22,563-€24,570▼
Profit (loss) for the period to be appropriated9905-€22,563-€24,570▼
Appropriation of the result
Profit (loss) to be appropriated9906-€55,270-€79,840▼
Profit (loss) brought forward from the previous period14P-€32,707-€55,270▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€3,888----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,659€15,854€15,432€15,394€12,055▼ 21.7%
Other operating charges640/8-€1,561€815€763€774▲ 1.4%
Gross operating margin9900€6,574-€5,090€30,621-€5,497-€10,799▼ 96.4%
Operating profit (loss)9901-€11,571-€22,504€14,374-€21,654-€23,628▼ 9.1%
Financial income75/76B--€18€0€0-
Recurring financial income75--€18€0€0-
Financial charges65/66B-€5,829€6,342€695€726▲ 4.5%
Recurring financial charges65€113€5,829€6,342€695€726▲ 4.5%
Profit (loss) for the period before taxes9903-€11,684-€28,333€8,050-€22,348-€24,354▼ 9.0%
Income taxes67/77€263€197€280€215€216▲ 0.9%
Profit (loss) for the period9904-€11,946-€28,531€7,770-€22,563-€24,570▼ 8.9%
Profit (loss) for the period to be appropriated9905-€11,946-€28,531€7,770-€22,563-€24,570▼ 8.9%
Line20202021202220232024Change
Assets
Total assets20/58€211,138€543,191€232,655€122,577€53,560▼ 56.3%
Fixed assets21/28€58,928€43,074€27,643€12,249€194▼ 98.4%
Intangible fixed assets21€498€38----
Tangible fixed assets22/27€58,430€43,036€27,643€12,249€194▼ 98.4%
Furniture and vehicles24-€43,036€27,643€12,249€194▼ 98.4%
Current assets29/58€152,210€500,117€205,013€110,328€53,366▼ 51.6%
Stocks and contracts in progress3-€372,096€156,081€0--
Stocks30/36-€372,096€156,081€0--
Amounts receivable within one year40/41€137,844€33,442€25,899€100,945€18,604▼ 81.6%
Trade receivables40-€2,244€4,477€0--
Other amounts receivable41-€31,198€21,422€100,945€18,604▼ 81.6%
Cash at bank and in hand54/58€13,026€93,485€13,927€9,383€34,164▲ 264%
Deferred charges and accrued income490/1-€1,094€9,106€0€598-
Equity and liabilities
Total equity and liabilities10/49€211,138€543,191€232,655€122,577€53,560▼ 56.3%
Equity10/15€102,178€73,647€81,417€58,854€34,284▼ 41.7%
Contributions10/11-€7,600€7,600€7,600€7,600=
Reserves13€106,524€106,524€106,524€106,524€106,524=
Non-distributable reserves130/1-€2,280€2,280€0--
Reserves not available under the articles1311-€2,280€2,280€0--
Distributable reserves133-€104,244€104,244€106,524€106,524=
Profit (loss) carried forward14-€11,946-€40,477-€32,707-€55,270-€79,840▼ 44.5%
Amounts payable17/49€108,961€469,544€151,238€63,723€19,276▼ 69.8%
Amounts payable within one year42/48€108,961€469,544€151,238€63,723€19,276▼ 69.8%
Financial debts43-€375,000----
Credit institutions430/8-€375,000----
Trade debts44€6,382€3,739€11,149€596€1,061▲ 78.0%
Suppliers440/4-€3,739€11,149€596€1,061▲ 78.0%
Taxes, remuneration and social security45-€10€18€434€535▲ 23.4%
Taxes450/3-€10€18€434€535▲ 23.4%
Other amounts payable47/48-€90,796€140,071€62,693€17,679▼ 71.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€11,946-€28,531€7,770-€22,563-€24,570▼ 8.9%
+ Depreciation and write-downs630€15,659€15,854€15,432€15,394€12,055▼ 21.7%
Operating cash flow (approximation)€3,713-€12,677€23,202-€7,169-€12,515▼ 74.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€80,459-€79,559-€4,543€24,780▲ 645%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Back to profitnet €7,770
Net result €7,770 after 2 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Weakest financial yearnet -€28,531
Net result drops to -€28,531, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial Highest result since 2018net €57,264 ▲10.6%
Operating result €82,561, net result €57,264, both a record.
31-12
Financial Equity above €100,000Eq €114,124 ▲101%
2 profitable years in a row build equity to €114,124.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Beringen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
542 m²
Building footprint
168 m²
Volume, LiDAR
593 m³
Parcel 71382D0384/00X000, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BELINI
Krokussenlaan 14, 3583 BeringenReal estate activities
since 20172.261.279.242
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71382D0384/00X000 Flanders 542 m² 1 · 168 m² 5.5 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-02-2017
Fiscal year end31-12
Contact
Phone 011/427782Beringen
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

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