BELLPRO
ActiveBELLPRO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-19k) and a net result of €-7k. Equity is shrinking by ~50.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.51 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-21.3%
Return on assets
-8.2%
Age of the figures
15 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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€19k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
1 d early
2023
6 d early
2022
on the day
2021
24 d late
2020
19 d late
2019
1 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 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-19k▼ 62.8%
2024 · €-12k
2019: €15k
2020: €12k
2021: €8k
2022: €1k
2023: €-4k
2024: €-12k
2019 → 2025
Total assets
€89k▲ 134%
2024 · €38k
2019: €83k
2020: €66k
2021: €62k
2022: €52k
2023: €49k
2024: €38k
2019 → 2025
Net result
€-7k▲ 5.3%
2024 · €-8k
2019: €-5k
2020: €-3k
2021: €-4k
2022: €-7k
2023: €-5k
2024: €-8k
2019 → 2025
Working capital
€-81k▼ 230%
2024 · €-24k
2019: €-25k
2020: €-24k
2021: €-19k
2022: €-18k
2023: €-21k
2024: €-24k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€1k▼ 82.9%€-4k€-12k▼ 197%€-19k▼ 62.8%
Operating result€-2k-€-6k▼ 209%€-5k▲ 22.5%€-7k▼ 58.9%€-7k▲ 10.4%
Net result€-4k-€-7k▼ 89.3%€-5k▲ 21.8%€-8k▼ 44.7%€-7k▲ 5.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€62k▲ 381%
Current assets
€27k▲ 8.1%
Key figures and ratios
EBITDA
€7k▲
2024 · €-1k
Cash flow
€6k▲
2024 · €-2k
Solvency
-21.3%▲
2024 · -30.7%
Current ratio
0.25▼
2024 · 0.51
Quick ratio
0.12▼
2024 · 0.16
Debt / equity
-5.69▼
2024 · -4.26
ROE
38.6%▼
2024 · 66.3%
ROA
-8.2%▲
2024 · -20.4%
Interest coverage
99.65▲
2024 · -16.53
Debt
€108k▲
2024 · €50k
Debt ≤ 1 year
€108k▲
2024 · €50k
Income taxes
€675▲
2024 · €312
Staff costs
€0
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€38k€89k▲
Fixed assets21/28€13k€62k▲
Tangible fixed assets22/27€13k€62k▲
Land and buildings22€4k€2k▼
Plant, machinery and equipment23€8k€13k▲
Furniture and vehicles24€939€46k▲
Current assets29/58€25k€27k▲
Stocks and contracts in progress3€17k€14k▼
Contracts in progress37€17k€14k▼
Amounts receivable within one year40/41€2k€5k▲
Trade receivables40€657€0▼
Other amounts receivable41€1k€5k▲
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1-€221
Equity and liabilities
Total equity and liabilities10/49€38k€89k▲
Equity10/15€-12k€-19k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€-32k€-39k▼
Amounts payable17/49€50k€108k▲
Amounts payable within one year42/48€50k€108k▲
Trade debts44€1k€234▼
Suppliers440/4€1k€234▼
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€48k€106k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€248€8k▲
Operating profit (loss)9901€-7k€-7k▲
Financial charges65/66B€79€68▼
Recurring financial charges65€79€68▼
Profit (loss) for the period before taxes9903€-7k€-7k▲
Income taxes67/77€312€675▲
Profit (loss) for the period9904€-8k€-7k▲
Profit (loss) for the period to be appropriated9905€-8k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-39k▼
Profit (loss) brought forward from the previous period14P€-24k€-32k▼
The notes to these accounts (9 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 · micro schema · 2 days late
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
19-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-01
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
3 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, Wingene · 1 establishment unit since 2004
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.
Kloosterstraat 1488755 WingeneGround area
1,106 m²
Building footprint
203 m²
Volume, LiDAR
392 m³
Parcel 37012B0439/00D000, Flanders · tallest building 5.6 m. Linked by address, not a title deed.
1 establishment unit
bellpro
since 20042.135.228.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012B0439/00D000 | Flanders | 1,106 m² | 1 · 203 m² | 5.6 m |
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
EA RENOV & CONSTRUCT
BE 0694.622.938
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BE 0841.411.058
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TON SUR TON TST
BE 0463.987.325
Vilvoorde · Eq €1k
BIZET G.
BE 0478.624.031
Soignies · Eq €1k
Valcke Technics
BE 0687.825.119
Oudenaarde · Eq €2k
Of 4,245 companies in sector 43230 we hold annual accounts for 1,230. 163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2004
Fiscal year end30-06
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.