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BELLIVO

Active
Public limited companyfounded 200421 years activeKalverstraat 1, 2440 Geel, BelgiumKBO/BCE: BE 0870.284.592
Summary

BELLIVO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.0m and a net result of €1.1m. Equity is growing by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Activity not known1 site
Size
€36.0mtotal assets 2025
Equity
€36.0m
Profit
€1.1m
Financial health
84 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.4%
Structure
Holdings
2
Accounts filed 18 days late1 of 10 deeds read
Why 84- Liquidity: current ratio 4132.89, cash €1,816, halved- Latest accounts 18 days late; 2 of the last 3 late+ Size: total assets €36.0m+ Equity €36.0m (100.0% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (no NACE code, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 100.0% of total assets
Liquidity 50-1
short-term debt 0.0% · cash 0.0%
Profitability 45-2
return on assets 3.1%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.3 percentage points vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit up to €3,000,000 at 30 days acceptable
short-term debt: 0% and cash: 0% of total assets, and 0% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, medium-sized): better than 74% on solvency, 37% on liquidity, 65% on profitability and 64% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 4132.89, cash €1,816, halved
NBB · annual accounts
lowers risk · Size: total assets €36.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 18 days late; 2 of the last 3 late
NBB · filings
lowers risk · Equity €36.0m (100.0% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 filings
Deviation from the deadline
2025
18 days late
2024
47 days late
2023
68 days late
2022
29 days late
2021
4 days late
2020
31 days late
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointment: CARINO (managing director)Permanent representatives: Willy Oeyen, Maria…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Weakest financial yearnet €1.1m ▼20.4%

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • New directorlatest change 29-06-2026 · 0 in office 1 joined View
  • Total assets 20256 fiscal years filed €36.0m View

By topic

Financials

Fiscal year
2025
Total assets
€36.0m
Profit
€1.1m
Solvency
100.0%
Total assets▲ 2.7%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity times 24
  2. 16-09-2025Annual accounts filed
  3. 07-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
30-11-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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