BELKYTRADE
ActiveSummary
BELKYTRADE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €-20k. Equity is growing by ~53.9% per year across the filed fiscal years. Its solvency ranks better than 31% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-37
Solvency46▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.57 in 2024; short-term debt: 76.4% and cash: 36.6% of total assets), and 79.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
20.8%
Return on assets
-4%
Age of the figures
9 mo
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 · 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
11 d late
2023
20 d late
2022
31 d late
2021
31 d late
2020
19 d late
2019
22 d late
← 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
€102k▼ 16.1%
2024 · €122k
2018: €-20k
2019: €-9k
2020: €10k
2021: €15k
2022: €54k
2023: €111k
2024: €122k
2018 → 2025
Total assets
€491k▼ 21.3%
2024 · €624k
2018: €87k
2019: €129k
2020: €253k
2021: €292k
2022: €624k
2023: €645k
2024: €624k
2018 → 2025
Net result
€-20k
2024 · €11k
2018: €-5k
2019: €11k
2020: €19k
2021: €5k
2022: €39k
2023: €57k
2024: €11k
2018 → 2025
Working capital
€74k▼ 65.8%
2024 · €216k
2018: €-21k
2019: €-22k
2020: €-12k
2021: €-17k
2022: €61k
2023: €134k
2024: €216k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€54k▲ 263%€111k▲ 105%€122k▲ 9.8%€102k▼ 16.1%
Operating result€6k-€59k▲ 812%€88k▲ 48.7%€25k▼ 71.4%€-19k
Net result€5k-€39k▲ 731%€57k▲ 45.5%€11k▼ 81.0%€-20k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €25k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €491k
Fixed assets
€42k ▲ 52.1%
Current assets
€449k ▼ 24.7%
Equity and liabilities €491k
Equity
€102k ▼ 16.1%
Debt
€389k ▼ 22.5%
Debt's share of the balance-sheet total falls from 80.5% to 79.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2024 · €31k
Cash flow
€-15k▼
2024 · €17k
Current ratio
1.20▼
2024 · 1.57
Quick ratio
0.82▲
2024 · 0.81
Debt to equity
3.81▼
2024 · 4.13
ROE
-19.3%▼
2024 · 8.9%
ROA
-4.0%▼
2024 · 1.7%
Interest coverage
-35.27▼
2024 · 3.57
Debt ≤ 1 year
€375k▼
2024 · €380k
Debt > 1 year
€0▼
2024 · €109k
Income taxes
€0▼
2024 · €5k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€624k€491k▼
Fixed assets21/28€28k€42k▲
Tangible fixed assets22/27€28k€42k▲
Plant, machinery and equipment23€578€119▼
Furniture and vehicles24€24k€40k▲
Other tangible fixed assets26€3k€2k▼
Current assets29/58€597k€449k▼
Stocks and contracts in progress3€287k€140k▼
Stocks30/36€287k€140k▼
Amounts receivable within one year40/41€42k€126k▲
Trade receivables40-€72k
Other amounts receivable41€42k€54k▲
Cash at bank and in hand54/58€266k€180k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€624k€491k▼
Equity10/15€122k€102k▼
Contributions10/11€6k€6k=
Reserves13€116k€116k=
Distributable reserves133€116k€116k=
Profit (loss) carried forward14-€-20k
Amounts payable17/49€503k€389k▼
Amounts payable after more than one year17€109k€0▼
Financial debts170/4€109k€0▼
Amounts payable within one year42/48€380k€375k▼
Trade debts44€17k€7k▼
Suppliers440/4€17k€7k▼
Advances received on contracts in progress46€2k€0▼
Taxes, remuneration and social security45€6k€31k▲
Taxes450/3€6k€31k▲
Other amounts payable47/48€355k€338k▼
Accrued charges and deferred income492/3€13k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€-3k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€37k€-14k▼
Operating profit (loss)9901€25k€-19k▼
Financial income75/76B€0€49▲
Recurring financial income75€0€49▲
Financial charges65/66B€9k€415▼
Recurring financial charges65€9k€415▼
Profit (loss) for the period before taxes9903€16k€-20k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€11k€-20k▼
Profit (loss) for the period to be appropriated9905€11k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-20k▼
Transfer to equity691/2€11k€0▼
To other reserves6921€11k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-20k ▼281%
Net result drops to €-20k, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €57k ▲45.5%
Operating result €88k, net result €57k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲105%
5 profitable years in a row build equity to €111k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 22 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 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, Wetteren · 1 establishment unit since 2015
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.
Brusselsesteenweg 4649230 WetterenGround area
4,880 m²
Building footprint
102 m²
Volume, LiDAR
315 m³
Parcel 42024C0183/00G000, Flanders · tallest building 3.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BELKYTRADE
since 20152.239.183.137
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42024C0183/00G000 | Flanders | 4,880 m² | 1 · 102 m² | 3.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
GARAGE FRANCQ
BE 0457.565.727
Ecaussinnes · Eq €102,180
Garage Palm Auto
BE 0696.750.901
Baelen · Eq €102,181
KEVIN BOONS
BE 0543.397.067
Mol · Eq €102,192
GEN AUTO
BE 0799.471.822
Sint-Genesius-Rode · Eq €101,917
HAMEX
BE 0448.615.102
Sint-Jans-Molenbeek · Eq €101,846
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,635 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
Founded28-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.