Bella 4 Work

Active

Private limited companyfounded 20206 yrs activeRodekruislaan 5, 2600 Antwerpen, BelgiumKBO/BCE: BE 0753.561.920

The computed 12-month bankruptcy probability of Bella 4 Work is 2.6% (moderate). The 2024 annual accounts show equity of €178k and a net result of €-40k. Equity is growing by ~66.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 9984 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

35 / 100

Weak▼ -58 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency77▼-23

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days only on tighter terms

Liquidity ample (current ratio 1.59 against 5.27 in 2023), but 58.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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

41.9%

Return on assets

-9.3%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

57 d late

2023

119 d late

2022

485 d late

2021

31 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€445k

EBIT margin

-8.9%

Net result

€-40k

2023 · €260k

2021: €-3k 2022: €15k 2023: €260k

2021 → 2024

Working capital

€146k▼ 46.0%

2023 · €270k

2021: €436 2022: €25k 2023: €270k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€445k

Equity€436-€25k▲ 5,673%€270k▲ 971%€178k▼ 33.9%

Operating result€-3k-€15k€260k▲ 1,607%€-40k

Net result€-3k-€15k€260k▲ 1,607%€-40k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €40k after €260k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €425k

92.4%

Fixed assets €33k

Current assets €393k

Equity and liabilities €425k

41.9%

58.1%

Equity €178k▼ 33.9%

Debt €247k▲ 291%

The debt ratio rises from 19.0% to 58.1%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-32k▼

2023 · €261k

Cash flow

€-32k▼

2023 · €261k

Solvency

41.9%▼

2023 · 81.0%

Current ratio

1.59▼

2023 · 5.27

Quick ratio

1.59▼

2023 · 5.27

Debt / equity

1.39▲

2023 · 0.23

ROE

-22.3%▼

2023 · 96.3%

ROA

-9.3%▼

2023 · 78.0%

Interest coverage

-184.30

Debt

€247k▲

2023 · €63k

Debt ≤ 1 year

€247k▲

2023 · €63k

Staff costs

€329k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€333k€425k▲

Fixed assets21/28-€33k

Tangible fixed assets22/27-€33k

Furniture and vehicles24-€33k

Current assets29/58€333k€393k▲

Amounts receivable after more than one year29-€261k

Trade receivables290-€261k

Amounts receivable within one year40/41€290k€51k▼

Trade receivables40€261k€33k▼

Other amounts receivable41€29k€18k▼

Cash at bank and in hand54/58€43k€81k▲

Equity and liabilities

Total equity and liabilities10/49€333k€425k▲

Equity10/15€270k€178k▼

Contributions10/11€10k€10k=

Reserves13-€168k

Distributable reserves133-€168k

Profit (loss) carried forward14€260k-

Amounts payable17/49€63k€247k▲

Amounts payable within one year42/48€63k€247k▲

Trade debts44€63k€2k▼

Suppliers440/4€63k€2k▼

Taxes, remuneration and social security45-€245k

Taxes450/3-€37k

Remuneration and social security454/9-€208k

Income statement Code20232024

Turnover70-€445k

Goods, raw materials, services and sundry goods60/61-€147k

Remuneration, social security and pensions62-€329k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€8k▲

Other operating charges640/8-€2k

Gross operating margin9900€261k€300k▲

Operating profit (loss)9901€260k€-40k▼

Financial charges65/66B-€172

Recurring financial charges65-€172

Profit (loss) for the period before taxes9903€260k€-40k▼

Profit (loss) for the period9904€260k€-40k▼

Profit (loss) for the period to be appropriated9905€260k€-40k▼

Appropriation of the result

Profit (loss) to be appropriated9906€260k€-40k▼

Transfer from equity791/2-€208k

Transfer to equity691/2-€376k

To the legal reserve6920-€168k

To other reserves6921-€208k

Shareholders' contribution to the loss794-€208k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 5Filings 4

2025

26-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 57 days late

2024

31-12

Financial Weakest financial yearnet €-40k ▼115%

Net result drops to €-40k, the lowest in the series.

27-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 119 days late

27-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 485 days late

2023

31-12

Financial Highest result since 2021net €260k ▲1607%

Operating result €260k, net result €260k, both a record.

31-12

Financial Equity above €200kEq €270k ▲971%

2 profitable years in a row build equity to €270k.

2022

31-12

Financial Back to profitnet €15k

Net result €15k after one loss-making year.

31-12

Financial Liquidity doublescurrent ratio 2.80

Current ratio from 1.14 to 2.80.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

under verification, no change since 2025

This board is reconstructed from a single act (25154096). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

El Jattari Abdeslem

Daily management · since 02-10-2025

Current

El Kadi Mohamed

Daily management · since 02-10-2025

Current

El Makrini Hicham

Daily management · since 02-10-2025

Current

02-10-2025 El Jattari Abdeslem: Appointed as Daily management

02-10-2025 El Kadi Mohamed: Appointed as Daily management

02-10-2025 El Makrini Hicham: Appointed as Daily management