BELLE PRINT
ActiveBELLE PRINT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876k and a net result of €304k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+28
Solvency98▲+22
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 0.23 in 2024; short-term debt: 11.3% and cash: 7.1% of total assets), and 27.1% 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○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.9%
Return on assets
25.3%
Age of the figures
12 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
34 d early
2023
28 d early
2022
2 d early
2021
32 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€876k▲ 53.2%
2024 · €572k
2018: €616k
2019: €196k
2020: €228k
2021: €224k
2022: €559k
2023: €543k
2024: €572k
2018 → 2025
Total assets
€1.20M▲ 6.3%
2024 · €1.13M
2018: €837k
2019: €1.11M
2020: €1.27M
2021: €1.34M
2022: €1.17M
2023: €1.17M
2024: €1.13M
2018 → 2025
Net result
€304k▲ 934%
2024 · €29k
2018: €49k
2019: €66k
2020: €32k
2021: €39k
2022: €355k
2023: €30k
2024: €29k
2018 → 2025
Working capital
€41k
2024 · €-263k
2018: €4k
2019: €-474k
2020: €-447k
2021: €-564k
2022: €-234k
2023: €-294k
2024: €-263k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€224k-€559k▲ 150%€543k▼ 2.9%€572k▲ 5.4%€876k▲ 53.2%
Operating result€48k-€57k▲ 19.5%€43k▼ 24.4%€48k▲ 10.3%€50k▲ 5.5%
Net result€39k-€355k▲ 801%€30k▼ 91.5%€29k▼ 2.8%€304k▲ 934%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€1.03M▼ 2.5%
Current assets
€176k▲ 124%
Equity and liabilities €1.20M
Equity
€876k▲ 53.2%
Debt
€326k▼ 41.7%
The debt ratio falls from 49.5% to 27.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2024 · €76k
Cash flow
€331k▲
2024 · €58k
Solvency
72.9%▲
2024 · 50.5%
Current ratio
1.30▲
2024 · 0.23
Quick ratio
1.30▲
2024 · 0.23
Debt / equity
0.37▼
2024 · 0.98
ROE
34.7%▲
2024 · 5.1%
ROA
25.3%▲
2024 · 2.6%
Interest coverage
12.08▲
2024 · 11.03
Debt
€326k▼
2024 · €560k
Debt ≤ 1 year
€135k▼
2024 · €342k
Debt > 1 year
€189k▼
2024 · €217k
Income taxes
€40k▲
2024 · €12k
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€1.13M€1.20M▲
Fixed assets21/28€1.05M€1.03M▼
Tangible fixed assets22/27€453k€427k▼
Land and buildings22€451k€425k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€0-
Financial fixed assets28€600k€600k=
Current assets29/58€79k€176k▲
Amounts receivable within one year40/41€19k€90k▲
Trade receivables40€19k€18k▼
Other amounts receivable41€0€72k▲
Cash at bank and in hand54/58€59k€86k▲
Deferred charges and accrued income490/1€0€89▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.20M▲
Equity10/15€572k€876k▲
Contributions10/11€6k€6k=
Reserves13€566k€870k▲
Non-distributable reserves130/1€14k€0▼
Reserves not available under the articles1311€14k€0▼
Distributable reserves133€552k€870k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€560k€326k▼
Amounts payable after more than one year17€217k€189k▼
Financial debts170/4€217k€189k▼
Amounts payable within one year42/48€342k€135k▼
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€16k€37k▲
Taxes450/3€12k€34k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€292k€67k▼
Accrued charges and deferred income492/3€968€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€26k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€81k€82k▲
Operating profit (loss)9901€48k€50k▲
Financial income75/76B€189€300k▲
Recurring financial income75€189€300k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€41k€344k▲
Income taxes67/77€12k€40k▲
Profit (loss) for the period9904€29k€304k▲
Profit (loss) for the period to be appropriated9905€29k€304k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€304k▲
Transfer from equity791/2€0-
Transfer to equity691/2€29k€304k▲
To other reserves6921€29k€304k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (19 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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity times 6current ratio 1.30
Current ratio from 0.23 to 1.30; short-term debt falls from €342k to €135k.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €29k ▼2.8%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €355k ▲801%
Net result €355k, the highest in the series.
30-09
Financial
Equity above €500kEq €559k ▲150%
5 profitable years in a row build equity to €559k.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €228k ▲16.4%
3 profitable years in a row build equity to €228k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
30-05
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
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, Aalter · 1 establishment unit since 2007
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.
Venecolaan 569880 AalterGround area
1.3 ha
Building footprint
2,503 m²
Parcel 44001B0083/00P007, Flanders. Linked by address, not a title deed.
1 establishment unit
BELLE PRINT
since 20072.159.554.154
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0083/00P007 | Flanders | 1.3 ha | 1 · 2,503 m² | - |
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
MLD PRODUCT MEDIA
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AVDW
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GRAPHOPRINT SERVICES
BE 0425.079.239
Elsene · Eq €900k
Drukkerij De Bie
BE 0424.822.782
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Imprimerie wallonne des Communes
BE 0404.243.936
Grâce-Hollogne · Eq €845k
Of 1,601 companies in sector 18120 we hold annual accounts for 809. 504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2006
Fiscal year end30-09
Activities, NACEBEL
18120Other printing
18130Pre-press and pre-media services
22250
32300Other manufacturing
47639Retail sale of other sporting goods
47640Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
52482
52497
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.