BELLAWEAR
ActiveSummary
BELLAWEAR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116,452 and a net result of €33,532. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+19
Solvency62▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 4.34 against 2.82 in 2023; short-term debt: 11.2% and cash: 23.8% of total assets), but 62.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
not confirmed
2024
28 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
12 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€116,452▲ 40.4%
2023 · €82,920
Total assets
€310,732▲ 5.0%
2023 · €295,803
Net result
€33,532▲ 126%
2023 · €14,838
Working capital
€116,163▲ 40.1%
2023 · €82,922
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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
Line20202021202220232024
Operating result€39,795▲ 183%€15,765▼ 60.4%€15,005▼ 4.8%€24,664▲ 64.4%€56,458▲ 129%
Net result€29,562above the sector's middle half▲ 122%€12,540within the sector's middle half▼ 57.6%€8,315within the sector's middle half▼ 33.7%€14,838within the sector's middle half▲ 78.5%€33,532above the sector's middle half▲ 126%
Equity€47,227within the sector's middle half▲ 167%€59,767within the sector's middle half▲ 26.6%€68,082within the sector's middle half▲ 13.9%€82,920within the sector's middle half▲ 21.8%€116,452above the sector's middle half▲ 40.4%
Total assets€82,820within the sector's middle half▲ 57.7%€172,469within the sector's middle half▲ 108%€278,654above the sector's middle half▲ 61.6%€295,803above the sector's middle half▲ 6.2%€310,732above the sector's middle half▲ 5.0%
Debt€35,594▲ 2.1%€112,702▲ 217%€210,573▲ 86.8%€212,883▲ 1.1%€194,280▼ 8.7%
Working capital€33,164within the sector's middle half▲ 417%€48,591within the sector's middle half▲ 46.5%€74,337above the sector's middle half▲ 53.0%€82,922above the sector's middle half▲ 11.5%€116,163above the sector's middle half▲ 40.1%
Solvency57.0%within the sector's middle half▲ 23.4pp34.7%within the sector's middle half▼ 22.4pp24.4%within the sector's middle half▼ 10.2pp28.0%within the sector's middle half▲ 3.6pp37.5%within the sector's middle half▲ 9.4pp
Current ratio1.93within the sector's middle half▲ 0.742.22within the sector's middle half▲ 0.292.75within the sector's middle half▲ 0.532.82within the sector's middle half▲ 0.074.34above the sector's middle half▲ 1.52
Return on assets (ROA)35.7%above the sector's middle half▲ 10.4pp7.3%within the sector's middle half▼ 28.4pp3.0%within the sector's middle half▼ 4.3pp5.0%within the sector's middle half▲ 2.0pp10.8%within the sector's middle half▲ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 129% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €310,732
Fixed assets
€159,776 ▼ 4.5%
Current assets
€150,956 ▲ 17.5%
Equity and liabilities €310,732
Equity
€116,452 ▲ 40.4%
Debt
€194,280 ▼ 8.7%
Debt's share of the balance-sheet total falls from 72.0% to 62.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63,968▲
2023 · €35,446
Cash flow
€41,042▲
2023 · €25,620
Quick ratio
2.53▲
2023 · 1.47
Debt to equity
1.67▼
2023 · 2.57
ROE
28.8%▲
2023 · 17.9%
Interest coverage
7.68▲
2023 · 4.56
Debt ≤ 1 year
€34,792▼
2023 · €45,594
Debt > 1 year
€159,433▼
2023 · €167,109
Income taxes
€15,676▲
2023 · €2,224
Staff costs
-€492▼
2023 · €605
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €180 | €530 | €605 | -€492 | ▼ 181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,270 | €7,163 | €11,765 | €10,782 | €7,510 | ▼ 30.3% |
| Other operating charges640/8 | - | €501 | €578 | €880 | €441 | ▼ 49.8% |
| Gross operating margin9900 | €45,639 | €23,609 | €27,878 | €36,930 | €63,918 | ▲ 73.1% |
| Operating profit (loss)9901 | €39,795 | €15,765 | €15,005 | €24,664 | €56,458 | ▲ 129% |
| Financial income75/76B | - | €540 | €981 | €170 | €1,076 | ▲ 531% |
| Recurring financial income75 | €139 | €540 | €981 | €170 | €1,076 | ▲ 531% |
| Financial charges65/66B | - | €457 | €6,841 | €7,773 | €8,326 | ▲ 7.1% |
| Recurring financial charges65 | €677 | €457 | €6,841 | €7,773 | €8,326 | ▲ 7.1% |
| Profit (loss) for the period before taxes9903 | €39,257 | €15,849 | €9,145 | €17,062 | €49,208 | ▲ 188% |
| Income taxes67/77 | €9,694 | €3,308 | €830 | €2,224 | €15,676 | ▲ 605% |
| Profit (loss) for the period9904 | €29,562 | €12,540 | €8,315 | €14,838 | €33,532 | ▲ 126% |
| Profit (loss) for the period to be appropriated9905 | €29,562 | €12,540 | €8,315 | €14,838 | €33,532 | ▲ 126% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,820 | €172,469 | €278,654 | €295,803 | €310,732 | ▲ 5.0% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €14,063 | €84,158 | €161,841 | €167,287 | €159,776 | ▼ 4.5% |
| Tangible fixed assets22/27 | €14,063 | €84,158 | €161,841 | €167,287 | €159,776 | ▼ 4.5% |
| Land and buildings22 | - | €72,195 | €144,710 | €156,023 | €150,954 | ▼ 3.2% |
| Plant, machinery and equipment23 | - | €95 | €47 | - | €0 | - |
| Furniture and vehicles24 | - | €11,868 | €17,083 | €11,263 | €8,822 | ▼ 21.7% |
| Current assets29/58 | €68,757 | €88,311 | €116,813 | €128,516 | €150,956 | ▲ 17.5% |
| Stocks and contracts in progress3 | €22,152 | €27,383 | €29,809 | €61,488 | €63,046 | ▲ 2.5% |
| Stocks30/36 | - | €27,383 | €29,809 | €61,488 | €63,046 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €8,822 | €22,508 | €39,897 | €14,471 | €13,790 | ▼ 4.7% |
| Trade receivables40 | - | €9,379 | €21,611 | €14,182 | €8,033 | ▼ 43.4% |
| Other amounts receivable41 | - | €13,129 | €18,285 | €289 | €5,757 | ▲ 1,891% |
| Cash at bank and in hand54/58 | €37,783 | €38,420 | €47,108 | €51,919 | €73,860 | ▲ 42.3% |
| Deferred charges and accrued income490/1 | - | - | - | €639 | €259 | ▼ 59.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,820 | €172,469 | €278,654 | €295,803 | €310,732 | ▲ 5.0% |
| Equity10/15 | €47,227 | €59,767 | €68,082 | €82,920 | €116,452 | ▲ 40.4% |
| Contributions10/11 | - | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Reserves13 | €31,000 | €43,500 | €51,800 | €66,600 | €100,130 | ▲ 50.3% |
| Non-distributable reserves130/1 | - | €950 | €950 | - | - | - |
| Reserves not available under the articles1311 | - | €950 | €950 | - | - | - |
| Distributable reserves133 | - | €42,550 | €50,850 | €66,600 | €100,130 | ▲ 50.3% |
| Profit (loss) carried forward14 | €27 | €67 | €82 | €120 | €122 | ▲ 1.5% |
| Amounts payable17/49 | €35,594 | €112,702 | €210,573 | €212,883 | €194,280 | ▼ 8.7% |
| Amounts payable after more than one year17 | - | €72,981 | €168,097 | €167,109 | €159,433 | ▼ 4.6% |
| Financial debts170/4 | - | €72,981 | €168,097 | €167,109 | €159,433 | ▼ 4.6% |
| Amounts payable within one year42/48 | €35,594 | €39,721 | €42,476 | €45,594 | €34,792 | ▼ 23.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,530 | €7,676 | ▲ 1.9% |
| Trade debts44 | €16,193 | €20,243 | €35,510 | €26,736 | €17,441 | ▼ 34.8% |
| Suppliers440/4 | - | €20,243 | €35,510 | €26,736 | €17,441 | ▼ 34.8% |
| Taxes, remuneration and social security45 | - | €12,954 | €2,966 | €7,328 | €5,676 | ▼ 22.5% |
| Taxes450/3 | - | €12,954 | €2,966 | €7,328 | €5,676 | ▼ 22.5% |
| Other amounts payable47/48 | - | €6,524 | €4,000 | €4,000 | €4,000 | = |
| Accrued charges and deferred income492/3 | - | - | - | €180 | €55 | ▼ 69.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,562 | €12,540 | €8,315 | €14,838 | €33,532 | ▲ 126% |
| + Depreciation and write-downs630 | €5,270 | €7,163 | €11,765 | €10,782 | €7,510 | ▼ 30.3% |
| Operating cash flow (approximation) | €34,832 | €19,703 | €20,079 | €25,620 | €41,042 | ▲ 60.2% |
| Investment in fixed assets (approximation) | - | -€77,258 | -€89,448 | -€16,227 | €0 | ▲ 100% |
| Change in cash | - | €637 | €8,688 | €4,810 | €21,942 | ▲ 356% |
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
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €33,532 ▲126%
Operating result €56,458, net result €33,532, both a record.
31-12
Financial
Equity above €100,000Eq €116,452 ▲40.4%
7 profitable years in a row build equity to €116,452.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Oudsbergen · 1 establishment unit since 2013
Ground area
1,836 m²
Building footprint
310 m²
Volume, LiDAR
1,475 m³
Parcel 72022B0570/00T000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bella Stoma/ Bellawear
since 20132.233.708.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72022B0570/00T000 | Flanders | 1,836 m² | 1 · 310 m² | 7.5 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 9,055 EUR awarded · 8,110 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,200 EUR | 1,200 EUR |
| 2024 | 2 | 3,760 EUR | 4,960 EUR |
| 2023 | 1 | 2,400 EUR | 1,200 EUR |
| 2022 | 2 | 1,695 EUR | 750 EUR |
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Of 3,838 companies in sector 74111 we hold annual accounts for 1,006. 791 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2013
Fiscal year end31-12
Trade name NL
Ohana Gifts
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
E-invoicing
Reachable via Peppol
Peppol ID
0208:0540922874
Also
9925:BE0540922874
Registered
30-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.