Financials
- Financial year
- 2025
- Total assets
- €47,834
- Loss
- -€13,143
- Solvency
- -34.1%
BELIZZ BELGIUM
ActiveThe file of BELIZZ BELGIUM contains 1 judicial reorganisation and 1 administrative flag, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 18.9% (high). The 2025 annual accounts show negative equity (-€16,327) and a net result of -€13,143. Its solvency ranks better than 6% of 1,218 sector peers (NACE 42, financial year 2025).
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€47,834total assets 2025
- Equity
- -€16,327
- Loss
- -€13,143
Turnover not published (micro format)
Structure
Accounts 122 days early0 of 3 deeds read
Why 11raises riskJudicial reorganisation on record (1 publication, latest 07-04-2025)Ex-officio strike-off in the KBOFounded in 2023Negative equity -€16,327Show the evidence
Checked score
Score 2025
11
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 5% of its sector peers (NACE 42, micro)
Financial strength · tick = 2023
Weak
Solvency
0=
equity -34.1% of total assets
Liquidity
10-16
short-term debt 134.1% · cash 8.1%
Profitability
0=
return on assets -27.5%
Bankruptcy probability, 12 months
18.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 16.5%lowest value
12-2024: 16.6%▲ +0.1 percentage points vs 11-2024
01-2025: 19.9%▲ +3.3 percentage points vs 12-2024
02-2025: 20.0%▲ +0.1 percentage points vs 01-2025
03-2025: 19.9%▼ -0.1 percentage points vs 02-2025
04-2025: 21.4%▲ +1.5 percentage points vs 03-2025highest value
05-2026: 21.0%
06-2026: 21.0%● unchanged vs 05-2026
07-2026: 21.0%● unchanged vs 06-2026
08-2026: 21.0%● unchanged vs 07-2026
09-2026: 21.0%● unchanged vs 08-2026
10-2026: 18.9%▼ -2.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.75, compared with 0.45 in 2023, below 1; short-term debt: 134.1% and cash: 8.1% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 3% on solvency, 7% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2325
2023 to 2025 · latest year -€16,327
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 31-03-2026, 122 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
122 days early
2023
128 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 3 days after the deadline; the sector median (NACE 42) for financial year 2023 is 5 days before the deadline, and 39% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Plan approval refusedFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- Next accounts
- by 31-07-2027
- 12-01-2024Address struck
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 01-02-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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