BELLEMANS
BELLEMANS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €8k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 26784 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €102k |
| Net result | €8k |
| Better than sector | 69% |
| Active | 34 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.8% | 47.4% | |
| Net result | €8k | €10k | |
| Equity | €102k | €60k | |
| Gross operating margin | €28k | €39k | |
| Total assets | €158k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | +239.5% | -72.0% | +66.2% | +385.2% | - |
| Net profit | - | - | +176.1% | - | - |
| Cash flow | +3272.1% | -97.4% | +82.9% | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | +950.7% | -85.0% | +226.6% | +134.0% | - |
| Dividends | - | - | - | - | - |
| Total assets | -19.5% | +20.7% | -9.4% | +3.6% | - |
| Equity | +8.0% | -8.5% | +11.3% | +4.3% | - |
| Debt | -45.2% | +72.1% | -31.8% | +2.8% | - |
| of which ≤ 1y | -45.0% | +87.4% | -29.8% | +9.8% | - |
| of which > 1y | -100.0% | -92.2% | -47.6% | -31.9% | - |
| Working capital | +20.0% | -12.3% | +11.2% | +4.2% | - |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.65 | 1.76 | 2.62 | 2.02 | 2.08 |
| Quick ratio | 1.26 | 0.82 | 0.50 | 0.34 | 0.37 |
| Working capital ratio | 58.1% | 39.0% | 53.7% | 43.7% | 43.5% |
| Solvency | 64.8% | 48.3% | 63.8% | 51.9% | 51.5% |
| Debt / equity | 0.54 | 1.07 | 0.57 | 0.93 | 0.94 |
| Long-term debt ratio | 0.00 | 0.00 | 0.05 | 0.10 | 0.16 |
| Interest coverage | 4.39 | 1.12 | 4.09 | 2.72 | 0.49 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 4.8% | -3.8% | 6.5% | 2.1% | -5.3% |
| ROE | 7.4% | -7.9% | 10.2% | 4.1% | -10.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €158k | €196k | €162k | €179k | €173k |
| Fixed assets | 21/28 | €11k | €19k | €21k | €24k | €28k |
| Tangible fixed assets | 22/27 | €10k | €19k | €21k | €24k | €28k |
| Financial fixed assets | 28 | €92 | €92 | €92 | €92 | €92 |
| Current assets | 29/58 | €147k | €177k | €141k | €155k | €145k |
| Stocks & contracts in progress | 3 | €77k | €95k | €114k | €129k | €119k |
| Amounts receivable within one year | 40/41 | €61k | €38k | €25k | €21k | €17k |
| Investments | 50/53 | - | - | €0 | - | - |
| Cash & bank | 54/58 | €9k | €44k | €2k | €5k | €10k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €158k | €196k | €162k | €179k | €173k |
| Equity | 10/15 | €102k | €95k | €103k | €93k | €89k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €96k | €88k | €97k | €87k | €83k |
| Amounts payable | 17/49 | €56k | €101k | €59k | €86k | €84k |
| Amounts payable after one year | 17 | €0 | €389 | €5k | €10k | €14k |
| Amounts payable within one year | 42/48 | €56k | €101k | €54k | €77k | €70k |
| Trade debts payable within one year | 44 | €17k | €15k | €6k | €31k | €25k |
| Income statement | ||||||
| Gross operating margin | 9900 | €28k | €9k | €29k | €16k | €4k |
| Operating result | 9901 | €17k | €-546 | €19k | €10k | €-2k |
| Financial income | 75 | €3 | €1 | €179 | €401 | €72 |
| Financial charges | 65 | €6k | €7k | €6k | €6k | €7k |
| Result before taxes | 9903 | €11k | €-7k | €13k | €5k | €-9k |
| Income taxes | 67/77 | €4k | €344 | €2k | €702 | €300 |
| Net result for the period | 9904 | €8k | €-7k | €11k | €4k | €-9k |
| Result to be appropriated | 9905 | €8k | €-7k | €11k | €4k | €-9k |
-
Bellemans KoenDirectorState Gazette act 23466351 (20-12-2023)Current20-12-2023 → present
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 20-01-1992 |
| Status | Active |
| Postal code | 9402 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012B0259/00F000 | Flanders | 2,836 m² | 1 · 200 m² | 6.7 m · 1 fl. |
| 41038D0404/00T000 | Flanders | 939 m² | 1 · 152 m² | 8.2 m · 1 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-12-2023 Bellemans Koen appointed as director
- Bellemans Koen, Bestuurder
Technical details
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},
"act_meta": {
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"filing_date": "2023-12-18",
"act_kind_objet": "Onderwerp akte:"
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"subject_company": {
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"co_filed_documents": [
"uitgifte van het proces-verbaal van de buitengewone algemene vergadering",
"geco\u00F6rdineerde statuten"
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}| Legal nameNL | BELLEMANS |