BELLATAIRE
ActiveBELLATAIRE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €-22k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 3448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-70
Solvency86▼-5
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.93 in 2024), but 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← 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
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
45.1%
Return on assets
-7.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 04-12-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
18 d early
2023
19 d early
2022
17 d late
2021
25 d late
2020
35 d early
2019
146 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close13-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.27M
EBIT margin
-0.7%
Net result
€-22k
2024 · €21k
2019: €-5k
2020: €19k
2021: €2k
2022: €16k
2023: €3k
2024: €21k
2019 → 2025
Working capital
€123k▼ 17.2%
2024 · €149k
2019: €77k
2020: €99k
2021: €103k
2022: €121k
2023: €125k
2024: €149k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€125k▲ 14.1%€128k▲ 2.0%€148k▲ 16.3%€126k▼ 14.9%
Operating result€13k-€44k▲ 226%€16k▼ 64.1%€31k▲ 95.5%€-8k
Net result€2k-€16k▲ 701%€3k▼ 83.8%€21k▲ 727%€-22k
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 €8k after €31k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €280k
Fixed assets
€3k▼ 23.3%
Current assets
€277k▼ 10.3%
Equity and liabilities €280k
Equity
€126k▼ 14.9%
Debt
€154k▼ 6.4%
The debt ratio rises from 52.5% to 54.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-7k▼
2024 · €32k
Cash flow
€-21k▼
2024 · €22k
Solvency
45.1%▼
2024 · 47.5%
Current ratio
1.80▼
2024 · 1.93
Quick ratio
1.80▼
2024 · 1.93
Debt / equity
1.22▲
2024 · 1.11
ROE
-17.5%▼
2024 · 14.0%
ROA
-7.9%▼
2024 · 6.6%
Interest coverage
-0.48▼
2024 · 2.87
Debt
€154k▼
2024 · €164k
Debt ≤ 1 year
€154k▼
2024 · €160k
Income taxes
€-53▼
2024 · €12k
Staff costs
€94k▲
2024 · €91k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€313k€280k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Financial fixed assets28€200€200=
Current assets29/58€308k€277k▼
Amounts receivable within one year40/41€292k€266k▼
Trade receivables40€290k€264k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€12k€6k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€313k€280k▼
Equity10/15€148k€126k▼
Contributions10/11€35k€35k=
Reserves13€114k€92k▼
Distributable reserves133€114k€92k▼
Amounts payable17/49€164k€154k▼
Amounts payable within one year42/48€160k€154k▼
Trade debts44€122k€123k▲
Suppliers440/4€122k€123k▲
Taxes, remuneration and social security45€38k€30k▼
Taxes450/3€13k€3k▼
Remuneration and social security454/9€25k€27k▲
Other amounts payable47/48-€50
Accrued charges and deferred income492/3€5k-
Income statement
Code20242025
Remuneration, social security and pensions62€91k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€570€817▲
Gross operating margin9900€124k€88k▼
Operating profit (loss)9901€31k€-8k▼
Financial income75/76B€14k€74▼
Recurring financial income75€43€74▲
Non-recurring financial income76B€14k-
Financial charges65/66B€11k€14k▲
Recurring financial charges65€11k€14k▲
Profit (loss) for the period before taxes9903€33k€-22k▼
Income taxes67/77€12k€-53▼
Profit (loss) for the period9904€21k€-22k▼
Profit (loss) for the period to be appropriated9905€21k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-22k▼
Transfer from equity791/2-€22k
Transfer to equity691/2€21k-
To other reserves6921€21k-
The notes to these accounts (5 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
2025
04-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-05
Financial
Weakest financial yearnet €-22k ▼206%
Net result drops to €-22k, the lowest in the series.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Highest result since 2019net €21k ▲727%
Net result €21k, the highest in the series.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-05
Financial
Equity above €100kEq €108k ▲21.3%
Equity rises from €89k to €108k.
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 directors, no change since 2021
Varun Nandaniya
CurrentDirector · since 12-04-2021
Daisy Aschenbrand
Not recently confirmedGevolmachtigde van dagelijks bestuur · since 24-07-2020
Marc Ost
Not recently confirmedBijzondere volmachtdrager · since 12-08-2019
Paul Kaplan
Not recently confirmedBijzondere volmachtdrager · since 12-08-2019
12-04-2021
Varun Nandaniya: Appointed as Director
12-04-2021
Nader Malakan: Resigned as Director
24-07-2020
Daisy Aschenbrand: Appointed as Gevolmachtigde van dagelijks bestuur
24-07-2020
Daisy Aschenbrand: Resigned as Director
24-07-2020
William Moryto: Resigned as Director
22-01-2020
Daisy Aschenbrand: Appointed as Manager
12-08-2019
Marc Ost: Resigned as Manager
12-08-2019
Marc Ost: Appointed as Bijzondere volmachtdrager
12-08-2019
Paul Kaplan: Appointed as Bijzondere volmachtdrager
12-08-2019
Nader Malakan: Appointed as Manager
27-10-2017
William H. Moryto: Appointed as Vaste vertegenwoordiger
27-10-2017
Dave Young Bennett: Resigned as Vaste vertegenwoordiger
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2005
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.
Hoveniersstraat 302018 AntwerpenGround area
3,046 m²
Building footprint
2,904 m²
Volume, LiDAR
74,659 m³
Parcel 11808H1178/00S008, Flanders · tallest building 46.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Bellataire
since 20052.150.471.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00S008 | Flanders | 3,046 m² | 1 · 2,904 m² | 46.0 m · 8 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.
Statutory auditor
1 auditor| Erik Thuysbaert Statutory auditor | 18-01-2016 → 18-01-2016 |
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KED DIAMONDS
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Of 154 companies in sector 32121 we hold annual accounts for 81. 41 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2005
Fiscal year end31-05
Activities, NACEBEL
32121Other manufacturing
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:03/213.81.10