BELLIMER
ActiveSummary
BELLIMER has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.7m and a net result of €2.7m. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 75% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-01-1992 Normal situation
- Registered office
- 12 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Wholesale of timber NACE 46832
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.055.965.082 2018 Antwerpen, since 29-01-1992
- 2.362.511.115 2600 Antwerpen, since 05-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Board and ownership
Board
- HARTMAN ANDREDirector · since 06-02-1992
- MONDERER BLIMA HADASSADirector · since 06-02-1992
- Auditor
- CALLENS VANDELANOTTE
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Turnover
- €51.9m
- ▼ 15.7%
- Profit
- €2.7m
- ▼ 32.6%
- Equity
- €22.7m
- ▲ 13.3%
- Total assets
- €33.0m
- ▲ 5.1%
- Employees on 31-12-2025
- 6
- =
- €7,840 of overdue social security (RSZ) debts on 31-12-2025
- 2025 accounts filed 30 days after the deadline
Score breakdownlowers riskFounded in 1992Size: turnover €51.9m, 4.8 FTE, total assets €33.0mEquity €22.7m (68.8% of total assets)Profit of €2.7m (financial year 2025)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
94+5
equity 68.8% of total assets
Liquidity
46-2
short-term debt 27.7% · cash 5.6%
Profitability
47-25
return on assets 8.1%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €2,100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.58 (3.51 in 2024), above the usual 1.5. Short-term debt is 27.7% and cash 5.6% of total assets. 31.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 74% of them on solvency, 45% on liquidity, 37% on profitability and 48% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
30 days late
2024
30 days late
2023
30 days late
2022
122 days late
2021
31 days late
2020
100 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 62 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453160.
Annual accounts 2025 filed on 30-08-2026 at the NBB all 33 filings
Turnover
€51.9m▼ 15.7%
2024 · €61.5m
EBIT margin
8.1%▲ 1.0pp
2024 · 7.0%
Net result
€2.7m▼ 32.6%
2024 · €4.0m
Working capital
€23.6m▲ 6.1%
2024 · €22.2m
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€51.9m
▼ 15.7%
2025
20182025
Operating result
€4.2m
▼ 3.3%
2025
20182025
Net result
€2.7m
▼ 32.6%
2025
highest quarter of the sector
20182025
EBIT margin
8.1%
▲ 1.0pp
2025
20182025
Equity
€22.7m
▲ 13.3%
2025
highest quarter of the sector
20182025
Total assets
€33.0m
▲ 5.1%
2025
highest quarter of the sector
20182025
Debt
€10.3m
▼ 9.4%
2025
20182025
Working capital
€23.6m
▲ 6.1%
2025
highest quarter of the sector
20182025
Solvency
68.8%
▲ 5.0pp
2025
highest quarter of the sector
20182025
Current ratio
3.58
▲ 0.07
2025
highest quarter of the sector
20182025
Return on assets (ROA)
8.1%
▼ 4.5pp
2025
middle half of the sector
20182025
Staff (FTE)
4.8
▲ 9.1%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€72.9m-€61.0m▼ 16.3%€61.8m▲ 1.3%€83.0m▲ 34.3%€83.4m▲ 0.4%€67.2m▼ 19.4%€61.5m▼ 8.4%€51.9m▼ 15.7%
Operating result€1.3m-€1.7m▲ 26.8%€3.9m▲ 135%€4.3m▲ 8.3%€5.3m▲ 24.4%€6.6m▲ 24.3%€4.3m▼ 34.5%€4.2m▼ 3.3%
Net result€0.9m-€1.1m▲ 28.9%€2.6mabove the sector's middle half▲ 133%€3.6mabove the sector's middle half▲ 36.4%€4.1mabove the sector's middle half▲ 14.1%€2.2mabove the sector's middle half▼ 46.3%€4.0mabove the sector's middle half▲ 78.3%€2.7mabove the sector's middle half▼ 32.6%
EBIT margin1.8%-2.8%▲ 0.9pp6.4%▲ 3.6pp5.2%▼ 1.2pp6.4%▲ 1.2pp9.8%▲ 3.5pp7.0%▼ 2.8pp8.1%▲ 1.0pp
Equity€2.3m-€3.5m▲ 48.5%€6.1mabove the sector's middle half▲ 76.1%€9.7mabove the sector's middle half▲ 58.9%€13.9mabove the sector's middle half▲ 42.3%€16.1mabove the sector's middle half▲ 16.0%€20.0mabove the sector's middle half▲ 24.6%€22.7mabove the sector's middle half▲ 13.3%
Total assets€17.3m-€11.5m▼ 33.6%€15.8mabove the sector's middle half▲ 37.0%€23.9mabove the sector's middle half▲ 51.6%€28.4mabove the sector's middle half▲ 19.0%€30.2mabove the sector's middle half▲ 6.4%€31.4mabove the sector's middle half▲ 3.8%€33.0mabove the sector's middle half▲ 5.1%
Debt€15.0m-€8.0m▼ 46.5%€9.6m▲ 20.0%€14.2m▲ 47.0%€14.6m▲ 2.9%€14.2m▼ 2.8%€11.4m▼ 19.8%€10.3m▼ 9.4%
Working capital€2.6m-€3.5m▲ 36.5%€7.9mabove the sector's middle half▲ 123%€14.4mabove the sector's middle half▲ 82.0%€17.6mabove the sector's middle half▲ 22.4%€19.1mabove the sector's middle half▲ 8.6%€22.2mabove the sector's middle half▲ 16.2%€23.6mabove the sector's middle half▲ 6.1%
Solvency13.5%-30.2%▲ 16.7pp38.9%within the sector's middle half▲ 8.6pp40.8%within the sector's middle half▲ 1.9pp48.8%within the sector's middle half▲ 8.0pp53.2%within the sector's middle half▲ 4.4pp63.8%within the sector's middle half▲ 10.6pp68.8%above the sector's middle half▲ 5.0pp
Current ratio1.18-1.45▲ 0.272.01within the sector's middle half▲ 0.562.51within the sector's middle half▲ 0.512.64within the sector's middle half▲ 0.122.75within the sector's middle half▲ 0.123.51above the sector's middle half▲ 0.763.58above the sector's middle half▲ 0.07
Return on assets (ROA)5.1%-9.9%▲ 4.8pp16.8%above the sector's middle half▲ 6.9pp15.1%above the sector's middle half▼ 1.7pp14.5%above the sector's middle half▼ 0.6pp7.3%within the sector's middle half▼ 7.2pp12.6%above the sector's middle half▲ 5.3pp8.1%within the sector's middle half▼ 4.5pp
Staff (FTE)4.9-4.8▼ 2.0%5.3within the sector's middle half▲ 10.4%4.6within the sector's middle half▼ 13.2%4.4within the sector's middle half▼ 4.3%4.5within the sector's middle half▲ 2.3%4.4within the sector's middle half▼ 2.2%4.8within the sector's middle half▲ 9.1%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 3% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33.0m
Fixed assets
€285,957 ▼ 15.1%
Current assets
€32.7m ▲ 5.3%
Equity and liabilities €33.0m
Equity
€22.7m ▲ 13.3%
Debt
€10.3m ▼ 9.4%
Debt's share of the balance-sheet total falls from 36.2% to 31.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4.2m▼
2024 · €4.4m
Cash flow
€2.7m▼
2024 · €4.0m
Quick ratio
2.98▼
2024 · 3.13
Debt to equity
0.45▼
2024 · 0.57
ROE
11.7%▼
2024 · 19.7%
Interest coverage
1.84▼
2024 · 5.99
Debt ≤ 1 year
€9.1m▲
2024 · €8.8m
Income taxes
€882,483▼
2024 · €1.4m
Customer credit
47 days▼
2024 · 63 days
Supplier credit
42 days▲
2024 · 35 days
Staff costs
€432,958▲
2024 · €365,446
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 6 | 6 | 6 | 6 |
| full-time | 1 | - | - | 1 | 2 |
| part-time | 5 | 6 | 6 | 5 | 4 |
| in full-time equivalents | 4.6 | 4.2 | 4.2 | 4.6 | 5 |
| Average over the year, in full-time equivalents | 4.6 | 4.4 | 4.5 | 4.4 | 4.8 |
| On a permanent contract | 6 | 5 | 5 | 6 | 6 |
| Joined | - | 1 | 3 | - | 1 |
| Left | - | 1 | 3 | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue social security (RSZ) debts | €5,722 | €4,114 | €7,882 | €8,106 | €7,840 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Pledge on the business | €24,789 | €24,789 | - | - | - |
| Carrying value of the other pledged assets | - | €900,000 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €13,250 | €74,199 | €148,628 | €152,297 | - |
| Depreciation and write-downs of the year | €1,662 | €7,627 | €13,986 | €41,632 | €51,329 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is CALLENS VANDELANOTTE.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €10,440 | €10,500 | €10,500 | €11,544 | €15,235 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €83.4m | €83.5m | €67.4m | €61.7m | €53.5m | ▼ 13.2% |
| Turnover70 | €72.9m | €61.0m | €61.8m | €83.0m | €83.4m | €67.2m | €61.5m | €51.9m | ▼ 15.7% |
| Other operating income74 | - | - | - | €0.4m | €0.05m | €0.08m | €0.05m | €0.8m | ▲ 15× |
| Non-recurring operating income76A | - | - | - | - | €0.07m | €0.07m | €0.07m | €0.9m | ▲ 14× |
| Operating charges60/66A | - | - | - | €79.1m | €78.1m | €60.7m | €57.3m | €49.4m | ▼ 13.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €77.0m | €75.4m | €60.0m | €56.0m | €47.3m | ▼ 15.5% |
| Purchases600/8 | - | - | - | €80.6m | €74.9m | €60.0m | €54.6m | €49.8m | ▼ 8.8% |
| Change in stocks: decrease (increase)609 | - | - | - | -€3.7m | €0.5m | €0.03m | €1.4m | -€2.5m | - |
| Services and other goods61 | - | - | - | €0.7m | €1.2m | €1.0m | €1.1m | €1.3m | ▲ 23.1% |
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.001m | €0.001m | €0.002m | €0.008m | €0.01m | €0.04m | €0.05m | ▲ 23.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1.2m | €1.2m | -€0.6m | -€0.08m | €0.3m | - |
| Other operating charges640/8 | - | - | - | €0.008m | €0.1m | €0.01m | €0.005m | €0.009m | ▲ 95.7% |
| Operating profit (loss)9901 | €1.3m | €1.7m | €3.9m | €4.3m | €5.3m | €6.6m | €4.3m | €4.2m | ▼ 3.3% |
| Financial income75/76B | - | - | - | €1.9m | €1.9m | €1.4m | €1.7m | €1.7m | ▼ 4.5% |
| Recurring financial income75 | €1.2m | €0.8m | €1.1m | €1.9m | €1.9m | €1.4m | €1.7m | €1.7m | ▼ 4.5% |
| Income from current assets751 | - | - | - | €0.2m | €0.2m | €0.4m | €0.7m | €0.5m | ▼ 26.8% |
| Other financial income752/9 | - | - | - | €1.7m | €1.7m | €1.0m | €1.0m | €1.1m | ▲ 10.6% |
| Financial charges65/66B | - | - | - | €1.2m | €1.6m | €1.6m | €0.7m | €2.3m | ▲ 216% |
| Recurring financial charges65 | €1.2m | €0.8m | €1.5m | €1.2m | €1.6m | €1.6m | €0.7m | €2.3m | ▲ 216% |
| Debt charges650 | €105 | - | - | - | - | - | - | - | - |
| Other financial charges652/9 | - | - | - | €1.2m | €1.6m | €1.6m | €0.7m | €2.3m | ▲ 216% |
| Profit (loss) for the period before taxes9903 | €1.3m | €1.7m | €3.6m | €4.9m | €5.6m | €6.4m | €5.3m | €3.5m | ▼ 33.6% |
| Income taxes67/77 | €0.4m | €0.5m | €1.0m | €1.3m | €1.5m | €4.2m | €1.4m | €0.9m | ▼ 36.6% |
| Taxes670/3 | - | - | - | €1.3m | €1.5m | €4.2m | €1.4m | €1.2m | ▼ 14.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | - | €0.3m | - |
| Profit (loss) for the period9904 | €0.9m | €1.1m | €2.6m | €3.6m | €4.1m | €2.2m | €4.0m | €2.7m | ▼ 32.6% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) for the period to be appropriated9905 | €0.9m | €1.1m | €2.6m | €3.6m | €4.1m | €1.2m | €3.0m | €1.7m | ▼ 43.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €17.3m | €11.5m | €15.8m | €23.9m | €28.4m | €30.2m | €31.4m | €33.0m | ▲ 5.1% |
| Formation expenses20 | - | - | - | - | - | - | €0.001m | - | - |
| Fixed assets21/28 | €0.001m | €0.01m | €0.01m | €0.02m | €0.09m | €0.2m | €0.3m | €0.3m | ▼ 15.1% |
| Tangible fixed assets22/27 | - | €0.009m | €0.01m | €0.02m | €0.09m | €0.2m | €0.3m | €0.3m | ▼ 15.1% |
| Furniture and vehicles24 | - | - | - | - | €0.004m | €0.003m | €0.08m | €0.06m | ▼ 24.5% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.09m | €0.2m | €0.3m | €0.2m | ▼ 12.1% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Other financial fixed assets284/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €17.3m | €11.5m | €15.8m | €23.9m | €28.3m | €30.0m | €31.1m | €32.7m | ▲ 5.3% |
| Amounts receivable after more than one year29 | - | - | - | €3.0m | €5.2m | €6.9m | €8.1m | €8.6m | ▲ 6.0% |
| Other amounts receivable291 | - | - | - | €3.0m | €5.2m | €6.9m | €8.1m | €8.6m | ▲ 6.0% |
| Stocks and contracts in progress3 | €3.6m | €2.8m | €2.5m | €5.0m | €4.0m | €4.6m | €3.4m | €5.4m | ▲ 59.1% |
| Stocks30/36 | - | - | - | €5.0m | €4.0m | €4.6m | €3.4m | €5.4m | ▲ 59.1% |
| Goods purchased for resale34 | - | - | - | €5.0m | €4.0m | €4.6m | €3.4m | €5.4m | ▲ 59.1% |
| Amounts receivable within one year40/41 | €9.9m | €7.7m | €9.3m | €13.2m | €12.2m | €6.9m | €14.9m | €12.4m | ▼ 16.5% |
| Trade receivables40 | - | - | - | €10.3m | €9.7m | €4.6m | €10.7m | €6.6m | ▼ 37.9% |
| Other amounts receivable41 | - | - | - | €2.9m | €2.5m | €2.4m | €4.2m | €5.8m | ▲ 38.3% |
| Current investments50/53 | - | - | - | - | - | €6.6m | €1.9m | €3.9m | ▲ 101% |
| Other investments51/53 | - | - | - | - | - | €6.6m | €1.9m | €3.9m | ▲ 101% |
| Cash at bank and in hand54/58 | €3.7m | €0.8m | €2.4m | €2.5m | €6.8m | €4.6m | €2.3m | €1.8m | ▼ 21.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.2m | €0.5m | €0.4m | €0.5m | ▲ 40.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €17.3m | €11.5m | €15.8m | €23.9m | €28.4m | €30.2m | €31.4m | €33.0m | ▲ 5.1% |
| Equity10/15 | €2.3m | €3.5m | €6.1m | €9.7m | €13.9m | €16.1m | €20.0m | €22.7m | ▲ 13.3% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.008m | €0.008m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €1.0m | €2.0m | €3.0m | ▲ 49.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €1.0m | €2.0m | €3.0m | ▲ 50.0% |
| Distributable reserves133 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Profit (loss) carried forward14 | €2.3m | €3.4m | €6.1m | €9.7m | €13.8m | €15.0m | €18.0m | €19.6m | ▲ 9.3% |
| Amounts payable17/49 | €15.0m | €8.0m | €9.6m | €14.2m | €14.6m | €14.2m | €11.4m | €10.3m | ▼ 9.4% |
| Amounts payable within one year42/48 | €14.7m | €8.0m | €7.9m | €9.5m | €10.7m | €10.9m | €8.8m | €9.1m | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.08m | - | - | - | - |
| Trade debts44 | €14.2m | €6.9m | €6.1m | €7.1m | €7.8m | €5.6m | €5.4m | €5.5m | ▲ 2.0% |
| Suppliers440/4 | - | - | - | €7.1m | €7.8m | €5.6m | €5.4m | €5.5m | ▲ 2.0% |
| Taxes, remuneration and social security45 | - | - | - | €2.4m | €2.9m | €5.0m | €3.2m | €3.4m | ▲ 5.6% |
| Taxes450/3 | - | - | - | €2.4m | €2.8m | €5.0m | €3.2m | €3.3m | ▲ 5.5% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.03m | €0.04m | €0.05m | €0.06m | ▲ 11.8% |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.001m | €0.2m | €0.2m | €0.2m | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | €4.7m | €3.8m | €3.3m | €2.5m | €1.2m | ▼ 54.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.9m | €1.1m | €2.6m | €3.6m | €4.1m | €2.2m | €4.0m | €2.7m | ▼ 32.6% |
| + Depreciation and write-downs630 | - | €0.001m | €0.001m | €0.002m | €0.008m | €0.01m | €0.04m | €0.05m | ▲ 23.3% |
| Operating cash flow (approximation) | €0.9m | €1.1m | €2.6m | €3.6m | €4.1m | €2.2m | €4.0m | €2.7m | ▼ 32.0% |
| Investment in fixed assets (approximation) | - | -€0.01m | -€0.005m | -€0.01m | -€0.07m | -€0.1m | -€0.2m | -€0.001m | ▲ 99.6% |
| Change in cash | - | -€2.9m | €1.6m | €0.08m | €4.3m | -€2.2m | -€2.3m | -€0.5m | ▲ 78.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as BELLIMER has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BELLIMER itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for BELLIMER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-08-2026 | 2026-00453160 | |
| 31-12-2024 | full format | 30-08-2025 | 2025-00448469 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00404029 | |
| 31-12-2022 | full format | 30-11-2023 | 2023-00519091 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20370811 | |
| 31-12-2020 | full format | 08-11-2021 | 2021-76700442 | |
| 31-12-2019 | full format | 30-10-2020 | 2020-67600162 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-57800404 | |
| 31-12-2017 | full format | 25-03-2019 | 2019-07700536 | |
| 31-12-2016 | full format | 23-11-2017 | 2017-70000213 |
Board & ownership
Directors
Directors
2 directors
Board 2
HARTMAN ANDRE
Current
MONDERER BLIMA HADASSA
Current
Statutory auditor 1
CALLENS VANDELANOTTE
Current
Statutory auditor · current term since 25-08-2025 · permanent representative: Erik Snauwaert · listed in the 2025 annual accounts, filed on 30-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14: Intern bestuur - externe vertegenwoordiging Intern bestuur Iedere bestuurder is bevoegd om alle handelingen te verrichten die…”
deed of 08-08-2024Owners and capital
Capital transactions
Capital over time
- 08-08-2024 Capital conversion · euro
- 08-08-2024 Converted to available equity
Mandate history
4 people, 3 in office
- Board
- Statutory auditor
- end not dated
| Name | Functions and periods |
|---|---|
| HARTMAN ANDRE |
|
| MONDERER BLIMA HADASSA |
|
| CALLENS VANDELANOTTE |
|
| huidige commissaris |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Elk recht op gelijk aandeel in verdeling winst en vereffeningssaldo, 1”
Articles of association, deed of 08-08-2024 (in Dutch)
Network & group
BELLIMER shares no director with another company.
Companies at the same address
11 other companies- Ekayev, Mansur (sole trader) Establishment · since 2026 1032065548
- Spooren, Julie (sole trader) Establishment · since 2025 1018245226
- Maison House Manon Registered office · since 2022 0782770796
- AGV IT Consulting Registered office · since 2021 0778356704
- Miba construct Registered office · since 2019 0733974650
- MHM Properties Registered office · since 2019 0727556121
- AMINI Registered office · since 2016 0643991314
- MOSHE TZIPY MICHAELI Registered office · since 2013 0526866188
- Knaapen, Michaël (sole trader) Establishment · since 2011 0837606975
- Vereniging van Mede-eigenaars te Antwerpen, Mechelsesteenweg 140, hoek Molenstraat 89 Registered office · since 1995 0830469854
Connections & network
2 current directorsThe network starts from the directors of BELLIMER. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-08
full format · 30 days late
2025
03-10
Gazette deed
Appointment: CALLENS VANDELANOTTE NV (statutory auditor)Permanent representative: Erik Snauwaert4 points ▸
Gazette deed
Appointment: CALLENS VANDELANOTTE NV (statutory auditor)
Permanent representative: Erik Snauwaert4 points ▸
- General meeting, 25-08-2025
- Auditor appointment, CALLENS VANDELANOTTE NV (statutory auditor)
- Permanent representative, Erik Snauwaert (representative)
- Auditor appointment, CALLENS VANDELANOTTE NV
30-08
full format · 30 days late
2024
30-08
full format · 30 days late
08-08
Gazette deed
Reappointment: huidige commissaris (statutory auditor)Capital conversion · Amendment of the articles · Registered office clause12 points ▸
Gazette deed
Reappointment: huidige commissaris (statutory auditor)
Capital conversion · Amendment of the articles · Registered office clause12 points ▸
- General meeting, 06-08-2024
- Capital conversion, “euro” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, 2018 Antwerpen,Mechelsesteenweg 140/33” (deed in Dutch)
- Power of attorney
- Other provision, 30-07-2024
- Purpose change
- Board composition, HARTMAN André (director)
- Board composition, MONDERER Blima Hadassa (director)
- Capital
- Auditor reappointment, huidige commissaris
2023
07-12
Gazette deed
1 director appointed, 1 director resigningResignation: RSM INTERAUDIT (revisor) · Appointment: CALLENS VANDELANOTTE N.V. (statutory auditor) · Permanent representative: Erik Snauwaert4 points ▸
Gazette deed
1 director appointed, 1 director resigning
Resignation: RSM INTERAUDIT (revisor) · Appointment: CALLENS VANDELANOTTE N.V. (statutory auditor) · Permanent representative: Erik Snauwaert4 points ▸
- General meeting, 29-11-2022
- Auditor resignation, RSM INTERAUDIT (revisor)
- Auditor appointment, CALLENS VANDELANOTTE N.V. (statutory auditor)
- Permanent representative, Erik Snauwaert
30-11
full format · 122 days late
2022
31-12
Financial
Highest result from 2018 to 2025net €4.1m ▲14.1%
The net result of €4.1m is the highest of those years.
31-12
Financial
Equity above €10mequity €13.9m ▲42.3%
With a profit in every financial year since 2018, equity grows to €13.9m.
31-08
full format · 31 days late
2021
08-11
full format · 100 days late
2020
31-12
Financial
Equity above €5mequity €6.1m ▲76.1%
With a profit in every financial year since 2018, equity grows to €6.1m.
Show earlier events
30-10
full format · 91 days late
2019
2017
23-11
full format · 115 days late
1992
06-02
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BELLIMER in Dutch
Enterprise number
0446.306.403
LEI code
549300PZIBE21X6M7469
live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
22-01-1992
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-08-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
“Openbaarmaking door neerlegging uittreksel besluit bestuursorgaan voor publicatie in bijlagen Belgisch Staatsblad en wijziging inschrijving…”
deed of 08-08-2024 (in Dutch)Registered office and establishments
Registered office
Mechelsesteenweg 140, 2018 Antwerpen, Belgium
Establishment units
BELLIMER BVBA, Mechelsesteenweg 140, 2018 Antwerpen since 29-01-1992 · unit number 2.055.965.082
Prins Albertlei 9, 2600 Antwerpen since 05-01-2023 · unit number 2.362.511.1154683201 Wholesale of timber
Activities
NACEBEL 2025VAT activities
46832
Wholesale of timber main activity
Social security (RSZ) activities
46832
Wholesale of timber main activity
Codes under NACEBEL 2008
VAT activities
46732
Wholesale trade main activity
Social security (RSZ) activities
46732
Wholesale trade main activity
Codes under NACEBEL 2003
VAT activities
51531
main activity
Social security (RSZ) activities
51531
main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
Invoicing and payment
VAT number
BE 0446.306.403
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of May at 11:00
deed of 08-08-2024 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpenunit number 2.055.965.082
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,379 m²
Building footprint
1,021 m²
Building volume
24,466 m³
Tallest building: 35.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11303B0337/00P000 | Flanders | 768 m² | 1 · 418 m² | 35.5 m · 11 |
| 11810K1520/00G016 | Flanders | 612 m² | 1 · 603 m² | 25.8 m · 8 |