BELLESTELLE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €203k and a net result of €20k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 35% of 5498 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 d late
2024
3 d late
2023
153 d early
2022
80 d early
2021
40 d early
2020
125 d early
2019
78 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€203k▲ 10.9%
2024 · €184k
2019: €188k
2020: €188k
2021: €187k
2022: €187k
2023: €186k
2024: €184k
2019 → 2025
Net result
€20k
2024 · €-2k
2019: €4k
2020: €-292
2021: €-683
2022: €-649
2023: €-1k
2024: €-2k
2019 → 2025
Total assets
€587k▲ 7.4%
2024 · €547k
2019: €547k
2020: €547k
2021: €547k
2022: €547k
2023: €547k
2024: €547k
2019 → 2025
Solvency
34.6%▲ 1.1pp
2024 · 33.6%
2019: 34.4%
2020: 34.4%
2021: 34.3%
2022: 34.1%
2023: 34.0%
2024: 33.6%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€187k-€187k▼ 0.3%€186k▼ 0.6%€184k▼ 1.2%€203k▲ 10.9%
Operating result€-662-€-626▲ 5.5%€-1k▼ 70.8%€-2k▼ 101%€20k
Net result€-683-€-649▲ 5.0%€-1k▼ 68.3%€-2k▼ 98.8%€20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €20k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €587k
Fixed assets
€547k=
Current assets
€40k▲ 177,875%
Equity and liabilities €587k
Equity
€203k▲ 10.9%
Debt
€384k▲ 5.6%
The debt ratio falls from 66.4% to 65.4%. Equity and debt are higher.
Key figures and ratios
Solvency
34.6%▲
2024 · 33.6%
ROE
9.8%▲
2024 · -1.2%
ROA
3.4%▲
2024 · -0.4%
Debt
€384k▲
2024 · €363k
Debt ≤ 1 year
€384k▲
2024 · €363k
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€547k€587k▲
Fixed assets21/28€547k€547k=
Financial fixed assets28€547k€547k=
Current assets29/58€23€40k▲
Amounts receivable within one year40/41-€36k
Trade receivables40-€36k
Cash at bank and in hand54/58€23€4k▲
Equity and liabilities
Total equity and liabilities10/49€547k€587k▲
Equity10/15€184k€203k▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Profit (loss) carried forward14€-66k€-47k▲
Amounts payable17/49€363k€384k▲
Amounts payable within one year42/48€363k€384k▲
Trade debts44€115-
Suppliers440/4€115-
Taxes, remuneration and social security45-€19k
Taxes450/3-€6k
Remuneration and social security454/9-€13k
Other amounts payable47/48€363k€365k▲
Income statement
Code20242025
Other operating charges640/8€463€1k▲
Gross operating margin9900€-2k€21k▲
Operating profit (loss)9901€-2k€20k▲
Financial charges65/66B€27€29▲
Recurring financial charges65€27€29▲
Profit (loss) for the period before taxes9903€-2k€20k▲
Profit (loss) for the period9904€-2k€20k▲
Profit (loss) for the period to be appropriated9905€-2k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-47k▲
Profit (loss) brought forward from the previous period14P€-64k€-66k▼
The notes to these accounts (1 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
30-06
Financial
Back to profitnet €20k
Net result €20k after 5 loss-making years.
30-06
Financial
Equity above €200kEq €203k ▲10.9%
Equity rises from €184k to €203k.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waregem · 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.
Westerlaan 38790 WaregemGround area
2,621 m²
Building footprint
250 m²
Volume, LiDAR
2,497 m³
Parcel 34040C1174/00T000, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Westerlaan 3, 8790 Waregem
since 20052.150.601.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1174/00T000 | Flanders | 2,621 m² | 1 · 250 m² | 12.7 m · 3 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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,538 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-07-2005
Fiscal year end30-06
Activities, NACEBEL
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.