BeLitCo
ActiveSummary
For the legal form of BeLitCo, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €40,103 and a net result of -€25,753. Equity is shrinking by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 7900 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-80
Solvency92▼-8
Growth32▼-46
Track record100
Credit verdict
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.95 against 3.9 in 2024; short-term debt: 32.5% and cash: 7% of total assets), and 32.5% of the assets are financed with debt.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
13 d late
2023
71 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€40,103▼ 39.1%
2024 · €65,856
Total assets
€59,448▼ 32.2%
2024 · €87,618
Net result
-€25,753
2024 · €8,221
Working capital
€37,778▼ 40.1%
2024 · €63,063
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line202320242025
Operating result-€9,522-€7,457-€29,235
Net result-€7,403below the sector's middle half-€8,221within the sector's middle half-€25,753below the sector's middle half
Equity€57,635below the sector's middle half-€65,856below the sector's middle half▲ 14.3%€40,103below the sector's middle half▼ 39.1%
Total assets€71,943below the sector's middle half-€87,618below the sector's middle half▲ 21.8%€59,448below the sector's middle half▼ 32.2%
Debt€14,308-€21,762▲ 52.1%€19,345▼ 11.1%
Working capital€55,162-€63,063▲ 14.3%€37,778▼ 40.1%
Solvency80.1%above the sector's middle half-75.2%above the sector's middle half▼ 4.9pp67.5%above the sector's middle half▼ 7.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29,235 after €7,457 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59,448
Fixed assets
€2,325 ▼ 16.8%
Current assets
€57,123 ▼ 32.7%
Equity and liabilities €59,448
Equity
€40,103 ▼ 39.1%
Debt
€19,345 ▼ 11.1%
Debt's share of the balance-sheet total rises from 24.8% to 32.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€27,838▼
2024 · €9,006
Cash flow
-€24,356▼
2024 · €9,770
Current ratio
2.95▼
2024 · 3.90
Quick ratio
1.16▼
2024 · 2.66
Debt to equity
0.48▲
2024 · 0.33
ROE
-64.2%▼
2024 · 12.5%
ROA
-43.3%▼
2024 · 9.4%
Interest coverage
-44.31▼
2024 · 34.81
Debt ≤ 1 year
€19,345▼
2024 · €21,762
Staff costs
€115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €115 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,074 | €1,549 | €1,397 | ▼ 9.8% |
| Other operating charges640/8 | €1,786 | €7,746 | €2,488 | ▼ 67.9% |
| Gross operating margin9900 | -€5,662 | €16,752 | -€25,234 | ▼ 251% |
| Operating profit (loss)9901 | -€9,522 | €7,457 | -€29,235 | ▼ 492% |
| Financial income75/76B | €2,007 | €3,256 | €4,110 | ▲ 26.2% |
| Recurring financial income75 | €2,007 | €3,256 | €4,110 | ▲ 26.2% |
| Financial charges65/66B | €151 | €259 | €628 | ▲ 143% |
| Recurring financial charges65 | €151 | €259 | €628 | ▲ 143% |
| Profit (loss) for the period before taxes9903 | -€7,666 | €10,454 | -€25,753 | ▼ 346% |
| Income taxes67/77 | -€263 | €2,234 | - | - |
| Profit (loss) for the period9904 | -€7,403 | €8,221 | -€25,753 | ▼ 413% |
| Profit (loss) for the period to be appropriated9905 | -€7,403 | €8,221 | -€25,753 | ▼ 413% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €71,943 | €87,618 | €59,448 | ▼ 32.2% |
| Fixed assets21/28 | €2,473 | €2,793 | €2,325 | ▼ 16.8% |
| Tangible fixed assets22/27 | €2,473 | €2,793 | €2,325 | ▼ 16.8% |
| Plant, machinery and equipment23 | €1,150 | €1,584 | €1,020 | ▼ 35.6% |
| Furniture and vehicles24 | €1,323 | €1,209 | €1,305 | ▲ 7.9% |
| Current assets29/58 | €69,470 | €84,825 | €57,123 | ▼ 32.7% |
| Amounts receivable after more than one year29 | €19,166 | - | - | - |
| Other amounts receivable291 | €19,166 | - | - | - |
| Stocks and contracts in progress3 | €30,072 | €26,838 | €34,696 | ▲ 29.3% |
| Stocks30/36 | €15,992 | €10,941 | €11,508 | ▲ 5.2% |
| Contracts in progress37 | €14,080 | €15,898 | €23,188 | ▲ 45.9% |
| Amounts receivable within one year40/41 | €11,451 | €25,435 | €18,269 | ▼ 28.2% |
| Trade receivables40 | €514 | - | €1,280 | - |
| Other amounts receivable41 | €10,937 | €25,435 | €16,989 | ▼ 33.2% |
| Cash at bank and in hand54/58 | €8,782 | €32,551 | €4,158 | ▼ 87.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €71,943 | €87,618 | €59,448 | ▼ 32.2% |
| Equity10/15 | €57,635 | €65,856 | €40,103 | ▼ 39.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Outside capital11 | €20,000 | €20,000 | €20,000 | = |
| Other1109/19 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €35,635 | €43,856 | €18,103 | ▼ 58.7% |
| Amounts payable17/49 | €14,308 | €21,762 | €19,345 | ▼ 11.1% |
| Amounts payable within one year42/48 | €14,308 | €21,762 | €19,345 | ▼ 11.1% |
| Trade debts44 | €6,842 | €1,548 | €9,261 | ▲ 498% |
| Suppliers440/4 | €6,842 | €1,548 | €9,261 | ▲ 498% |
| Advances received on contracts in progress46 | - | €2,650 | - | - |
| Taxes, remuneration and social security45 | €1,290 | €10,625 | €3,125 | ▼ 70.6% |
| Taxes450/3 | €1,290 | €3,125 | €3,125 | = |
| Remuneration and social security454/9 | - | €7,500 | - | - |
| Other amounts payable47/48 | €6,177 | €6,940 | €6,959 | ▲ 0.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,403 | €8,221 | -€25,753 | ▼ 413% |
| + Depreciation and write-downs630 | €2,074 | €1,549 | €1,397 | ▼ 9.8% |
| Operating cash flow (approximation) | -€5,329 | €9,770 | -€24,356 | ▼ 349% |
| Investment in fixed assets (approximation) | - | -€1,869 | -€929 | ▲ 50.3% |
| Change in cash | - | €23,770 | -€28,393 | ▼ 219% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€25,753
Net result drops to -€25,753, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2024
31-12
Financial
Back to profitnet €8,221
Net result €8,221 after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Sint-Joost-ten-Node · 1 establishment unit since 2012
Ground area
127 m²
Building footprint
152 m²
Volume, LiDAR
2,368 m³
Parcel 21572B0013/00Y000, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Belitco
since 20122.209.805.203
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0013/00Y000 | Brussels | 127 m² | 1 · 152 m² | 18.9 m · 5 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 5,941 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formBesloten Vennootschap van publiek recht
Founded15-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0845968078
Also
9925:BE0845968078
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.