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BELLPRO

Active
Private limited companyfounded 2004active for 22 yearsKloosterstraat 148, 8755 Wingene, BelgiumKBO/BCE: BE 0862.709.189
Summary

BELLPRO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,954) and a net result of -€7,309. Equity has been shrinking by about 50% per year since 2019. Its solvency ranks better than 6% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

Source: KBO
Status
Active since 15-01-2004 Normal situation
Activity
Insulation installation NACE 43230
Establishment unit
2.135.228.534 8755 Wingene, since 15-01-2004
Financial year end
30 June
Peppol
Reachable since 27-01-2026

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts to 30-06-2025
Gross margin
€8,011
▲ 32×
Turnover
≈ €78,000
estimated
Loss
€7,309
▼ 5.3%
Equity
-€18,954
▼ 62.8%
Total assets
€88,807
▲ 134%
  • Negative equity on 30-06-2025
  • 2025 accounts filed 2 days after the deadline
Filed on 02-02-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€18,954Loss of €7,309, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €88,807Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 12% of micro companies in specialised construction (NACE 43)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 4+4
equity -21.3% of total assets
Liquidity 10-10
short-term debt 121.3% · cash 8.4%
Profitability 58+58
return on assets -8.2%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.1%▲ +0.1 percentage points vs 12-2024 02-2025: 1.3%▲ +0.2 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.2%▼ -0.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.4%▲ +0.2 percentage points vs 12-2025 02-2026: 1.7%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 1.5%▼ -0.2 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.25 (0.51 in 2024), below 1. Short-term debt is 121.3% and cash 8.4% of total assets. Equity is negative.
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 43, micro). It does better than 5% of them on solvency, 6% on liquidity, 28% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €88,807
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€18,954
NBB · annual accounts
raises risk · Loss of €7,309, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€18,954
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: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
1 day early
2023
6 days early
2022
on the day
2021
24 days late
2020
19 days late
2019
1 day early
← 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 5 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€18,954 View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€7,309 View
  • Caution: Less equity than 95% of companies in specialised constructionsector median €57,811 · 34,914 companies -€18,954 View

Recent changes

  1. · Gazette deed Resignation: Erica POELVOORDE (director)Appointment: BRUYNEEL Luc (director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as BELLPRO: insulation installation (NACE 43230). They are comparable in size and age: total assets between €66,000 and €111,000, founded between 2002 and 2008.

CompanyTotal assetsGross margin
BELLPRO Wingene€88,807€8,011
LECONTE HENDRIK Kortrijk€100,814€8,819
MAX SERVICES Sint-Gillis (bij-Brussel)€95,079€7,367
Glasfolies Stijn Sillis Sint-Niklaas€89,886€10,709
BLEVI Scherpenheuvel-Zichem€92,928€11,997
DECOR PROJECT Brussel€66,024€10,578
S.R.UNIVERZ Houthalen-Helchteren€111,134€10,563
Full comparison

Key facts about BELLPRO

What is the company number of BELLPRO?
The company number of BELLPRO is 0862.709.189. The VAT number is the same number with BE in front: BE 0862.709.189.
Where is BELLPRO based?
The registered office is at Kloosterstraat 148, 8755 Wingene.Company details
What does BELLPRO do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of BELLPRO?
The legal form of BELLPRO is Private limited company (BV).
When was BELLPRO founded?
BELLPRO was founded on 15-01-2004.
Is BELLPRO still active?
Yes, BELLPRO is an active enterprise in the KBO register.
What is the turnover of BELLPRO?
The turnover in financial year 2025 is ≈ €78,000. This figure is estimated from the gross margin of €8,011 and 31 comparable companies (NACE 43230). It probably lies between €42,000 and €180,000. It is a rough estimate.Financials
Is BELLPRO profitable?
In financial year 2025, BELLPRO made a loss of €7,309.
Where can I find the annual accounts of BELLPRO?
BELLPRO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELLPRO due?
BELLPRO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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