BELLE & MOI
Open bankruptcySummary
A bankruptcy procedure is open for BELLE & MOI according to publications in the Belgian State Gazette. The 2025 annual accounts show equity of €1.33M and a net result of €-302k.
Signals
Two signals.
+raises risk
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.33M▼ 18.4%
2024 · €1.64M
2019: €864k
2020: €916k
2021: €1.07M
2022: €1.36M
2023: €1.54M
2024: €1.64M
2019 → 2025
Total assets
€1.51M▼ 23.9%
2024 · €1.99M
2019: €1.38M
2020: €1.31M
2021: €1.47M
2022: €1.81M
2023: €1.86M
2024: €1.99M
2019 → 2025
Net result
€-302k
2024 · €98k
2019: €-52k
2020: €52k
2021: €156k
2022: €289k
2023: €178k
2024: €98k
2019 → 2025
Working capital
€1.18M▼ 17.6%
2024 · €1.43M
2019: €349k
2020: €493k
2021: €709k
2022: €1.08M
2023: €1.30M
2024: €1.43M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€1.36M▲ 26.9%€1.54M▲ 13.1%€1.64M▲ 6.4%€1.33M▼ 18.4%
Operating result€199k-€383k▲ 92.6%€237k▼ 38.0%€121k▼ 49.1%€-286k
Net result€156k-€289k▲ 84.6%€178k▼ 38.3%€98k▼ 45.1%€-302k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €286k after €121k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets
€189k ▼ 15.6%
Current assets
€1.32M ▼ 24.9%
Equity and liabilities €1.51M
Equity
€1.33M ▼ 18.4%
Provisions
€0 ▼ 100%
Debt
€178k ▼ 47.0%
Debt's share of the balance-sheet total falls from 16.9% to 11.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-251k▼
2024 · €175k
Cash flow
€-268k▼
2024 · €152k
Current ratio
9.08▲
2024 · 5.29
Quick ratio
3.15▲
2024 · 3.09
Debt to equity
0.13▼
2024 · 0.20
ROE
-22.6%▼
2024 · 6.0%
ROA
-20.0%▼
2024 · 4.9%
Interest coverage
-69.72▼
2024 · 37.03
Debt ≤ 1 year
€146k▼
2024 · €333k
Income taxes
€0▼
2024 · €29k
Staff costs
€153k▲
2024 · €150k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.99M€1.51M▼
Fixed assets21/28€224k€189k▼
Intangible fixed assets21-€17k
Tangible fixed assets22/27€224k€172k▼
Land and buildings22€23k€0▼
Plant, machinery and equipment23€194k€170k▼
Furniture and vehicles24€7k€2k▼
Current assets29/58€1.76M€1.32M▼
Stocks and contracts in progress3€732k€863k▲
Stocks30/36€732k€863k▲
Amounts receivable within one year40/41€218k€267k▲
Trade receivables40€191k€228k▲
Other amounts receivable41€28k€40k▲
Cash at bank and in hand54/58€800k€188k▼
Deferred charges and accrued income490/1€12k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.99M€1.51M▼
Equity10/15€1.64M€1.33M▼
Contributions10/11€19k€19k=
Reserves13€1.62M€1.32M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€56k€56k=
Distributable reserves133€1.56M€1.26M▼
Provisions and deferred taxes16€15k€0▼
Provisions for liabilities and charges160/5€15k€0▼
Other liabilities and charges164/5€15k€0▼
Amounts payable17/49€335k€178k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€333k€146k▼
Current portion of amounts payable after more than one year42€5k€0▼
Trade debts44€243k€92k▼
Suppliers440/4€243k€92k▼
Advances received on contracts in progress46€0€14k▲
Taxes, remuneration and social security45€52k€39k▼
Taxes450/3€25k€2k▼
Remuneration and social security454/9€27k€36k▲
Other amounts payable47/48€33k€2k▼
Accrued charges and deferred income492/3€2k€32k▲
Income statement
Code20242025
Remuneration, social security and pensions62€150k€153k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€34k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€0▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-9k€-15k▼
Other operating charges640/8€2k€26k▲
Non-recurring operating charges66A-€25k
Gross operating margin9900€311k€-63k▼
Operating profit (loss)9901€121k€-286k▼
Financial income75/76B€11k€1k▼
Recurring financial income75€11k€1k▼
Financial charges65/66B€5k€18k▲
Recurring financial charges65€5k€4k▼
Non-recurring financial charges66B-€14k
Profit (loss) for the period before taxes9903€127k€-302k▼
Income taxes67/77€29k€0▼
Profit (loss) for the period9904€98k€-302k▼
Profit (loss) for the period to be appropriated9905€98k€-302k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€-302k▼
Transfer from equity791/2-€302k
Transfer to equity691/2€98k€0▼
To other reserves6921€98k€0▼
Social balance
Average headcount (FTE)90873.02.3▼
The notes to these accounts (16 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
16-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · BELLE & MOI BV GROTE STEENWEG 149, 9870 ZULTE · event 10-02-2026
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 96 days late
2025
31-03
Financial
Weakest financial yearnet €-302k ▼408%
Net result drops to €-302k, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
31-03
Financial
Highest result since 2019net €289k ▲84.6%
Operating result €383k, net result €289k, both a record.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.07M ▲17%
2 profitable years in a row build equity to €1.07M.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
31-03
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
Show earlier events
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zulte · 1 establishment unit since 1990
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.
Grote Steenweg 1499870 ZulteGround area
1,084 m²
Building footprint
310 m²
Volume, LiDAR
601 m³
Parcel 44050B1131/00D000, Flanders · tallest building 6.5 m. Linked by address, not a title deed.
1 establishment unit
Belle&Moi
since 19902.047.149.861
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050B1131/00D000 | Flanders | 1,084 m² | 1 · 310 m² | 6.5 m |
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | NICOLAS CLAERHOUT KERKSTRAAT 3, 9950 WAAR-
SCHOOT |
10-02-2026 → present |
| Curator | ALEXIA DE CLERCQ EDGARD
GEVAERTDREEF 10, 9830 SINT-MARTENS-LATEM- |
10-02-2026 → present |
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Of 1,247 companies in sector 46643 we hold annual accounts for 954. 681 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
Founded02-02-1990
Fiscal year end31-03
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
47521Retail sale of hardware, building materials, paint and glass (general range)
43211General electrical installation work
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.