BeliNoord
ActiveSummary
BeliNoord has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €475k and a net result of €89k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+22
Solvency54▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.44 in 2024; short-term debt: 63.8% and cash: 19.4% of total assets), and 70.5% 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
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
29.5%
Return on assets
5.5%
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 16
Relative position
BE, all sectors
reference
Sector 16
higher
← 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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
on the day
2023
26 d late
2022
29 d late
2021
74 d late
2020
15 d early
2019
2 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, abbreviated schema
Equity
€475k▲ 11.4%
2024 · €426k
2018: €84k
2019: €236k
2020: €316k
2021: €281k
2022: €346k
2023: €392k
2024: €426k
2018 → 2025
Total assets
€1.61M▲ 1.9%
2024 · €1.58M
2018: €866k
2019: €817k
2020: €1.53M
2021: €1.26M
2022: €1.55M
2023: €1.56M
2024: €1.58M
2018 → 2025
Net result
€89k▲ 19.5%
2024 · €74k
2018: €7k
2019: €152k
2020: €80k
2021: €52k
2022: €65k
2023: €80k
2024: €74k
2018 → 2025
Working capital
€480k▲ 5.5%
2024 · €455k
2018: €347k
2019: €483k
2020: €966k
2021: €265k
2022: €358k
2023: €429k
2024: €455k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€281k-€346k▲ 23.1%€392k▲ 13.1%€426k▲ 8.7%€475k▲ 11.4%
Operating result€12k-€25k▲ 114%€33k▲ 29.0%€43k▲ 29.7%€57k▲ 34.8%
Net result€52k-€65k▲ 25.7%€80k▲ 23.6%€74k▼ 7.5%€89k▲ 19.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€103k ▲ 2.2%
Current assets
€1.51M ▲ 1.9%
Equity and liabilities €1.61M
Equity
€475k ▲ 11.4%
Provisions
€77k ▼ 2.5%
Debt
€1.06M ▼ 1.5%
Debt's share of the balance-sheet total falls from 68.0% to 65.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€96k▲
2024 · €74k
Cash flow
€127k▲
2024 · €106k
Current ratio
1.47▲
2024 · 1.44
Quick ratio
1.24▲
2024 · 1.20
Debt to equity
2.23▼
2024 · 2.52
ROE
18.7%▲
2024 · 17.4%
ROA
5.5%▲
2024 · 4.7%
Interest coverage
5.91▲
2024 · 3.43
Debt ≤ 1 year
€1.03M▲
2024 · €1.02M
Debt > 1 year
€29k▼
2024 · €51k
Income taxes
€40k▲
2024 · €37k
Staff costs
€420k▼
2024 · €524k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.58M€1.61M▲
Fixed assets21/28€100k€103k▲
Tangible fixed assets22/27€96k€98k▲
Plant, machinery and equipment23€25k€17k▼
Furniture and vehicles24€53k€60k▲
Other tangible fixed assets26€17k€21k▲
Financial fixed assets28€5k€5k=
Current assets29/58€1.48M€1.51M▲
Stocks and contracts in progress3€253k€233k▼
Stocks30/36€253k€233k▼
Amounts receivable within one year40/41€892k€960k▲
Trade receivables40€780k€859k▲
Other amounts receivable41€112k€101k▼
Cash at bank and in hand54/58€246k€313k▲
Deferred charges and accrued income490/1€87k€559▼
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.61M▲
Equity10/15€426k€475k▲
Contributions10/11€7k€7k=
Reserves13€419k€468k▲
Distributable reserves133€419k€468k▲
Provisions and deferred taxes16€79k€77k▼
Provisions for liabilities and charges160/5€79k€77k▼
Other liabilities and charges164/5€79k€77k▼
Amounts payable17/49€1.07M€1.06M▼
Amounts payable after more than one year17€51k€29k▼
Financial debts170/4€51k€29k▼
Amounts payable within one year42/48€1.02M€1.03M▲
Current portion of amounts payable after more than one year42€20k€21k▲
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€488k€476k▼
Suppliers440/4€488k€476k▼
Advances received on contracts in progress46€259k€376k▲
Taxes, remuneration and social security45€114k€112k▼
Taxes450/3€52k€52k▲
Remuneration and social security454/9€62k€60k▼
Other amounts payable47/48€42k€42k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€524k€420k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€39k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-2k€-2k=
Other operating charges640/8€12k€14k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€609k€530k▼
Operating profit (loss)9901€43k€57k▲
Financial income75/76B€91k€87k▼
Recurring financial income75€91k€87k▼
Financial charges65/66B€22k€16k▼
Recurring financial charges65€22k€16k▼
Profit (loss) for the period before taxes9903€112k€128k▲
Income taxes67/77€37k€40k▲
Profit (loss) for the period9904€74k€89k▲
Profit (loss) for the period to be appropriated9905€74k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€89k▲
Transfer to equity691/2€34k€49k▲
To other reserves6921€34k€49k▲
Profit to be distributed694/7€40k€40k=
Return on contributions (dividend)694€40k€40k=
Social balance
Average headcount (FTE)90877.56.1▼
The notes to these accounts (12 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 74 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €152k ▲1995%
Operating result €179k, net result €152k, both a record.
31-12
Financial
Equity above €200kEq €236k ▲181%
2 profitable years in a row build equity to €236k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Peer · 1 establishment unit since 2020
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.
Markt 273990 PeerGround area
1,650 m²
Building footprint
1,367 m²
Volume, LiDAR
9,567 m³
2 parcels, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BeliNoord BVBA
since 20202.310.625.617
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030F0292/00F000 | Flanders | 1,097 m² | 1 · 814 m² | 10.8 m · 1 fl. |
| 72020C0510/00P000 | Flanders | 554 m² | 1 · 554 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SMET KONSTRUKT
BE 0441.080.477
Zulte · Eq €472,663
SEGERS MARC
BE 0860.398.116
Ternat · Eq €476,948
Toitures Mathieu LENOIR
BE 0740.621.526
Soignies · Eq €477,801
BELSTAND
BE 0442.698.694
Nivelles · Eq €466,480
IGM
BE 0402.043.224
Anderlecht · Eq €466,357
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 555 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
Founded29-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
22240Manufacture of rubber and plastic products
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0471437799