BELLUGA COMPANY

Active

Private limited company (pre-2019)founded 2002active for 24 yearsDemerstraat 4, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0477.275.632

Summary

BELLUGA COMPANY has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,331 and a net result of €1,076. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 22% of 2,801 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

BELLUGA COMPANYActiveChecked score 84/100

Risk analysis Report Compare

Activity

Organisation of conventions and trade shows

NACE 82300Business and other management consultancy NACE 70200

8th oldest company in Diepenbeek, Administrative and support services sector1 site

Size

≈ €690,000turnover 2025, estimated

Staff: 20.4 FTE
Equity: €36,331
Profit: €1,076

Turnover estimated from the gross margin

Financial health

84 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

2025 accounts 4 days early1 deed in the Belgian Official Gazette

Why 84raises riskEquity €36,331 (10.1% of total assets)Size: 20.4 FTE, total assets €360,135lowers riskLiquidity: current ratio 1.12, cash €130,274Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025

84 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 31% of its sector peers (NACE 82, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 35-3

equity 10.1% of total assets

Liquidity 46+43

short-term debt 89.3% · cash 36.2%

Profitability 38-32

return on assets 0.3%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,119 companies, NACE 82, small)

Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -0.2 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.12, compared with 1.16 in 2024, below the usual 1.5; short-term debt: 89.3% and cash: 36.2% of total assets), and 89.9% of the assets are financed with debt and provisions.

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 (NACE 82, small): better than 18% on solvency, 37% on liquidity, 24% on profitability and 45% on growth.

The bankruptcy probability was computed on 28-10-2026 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

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.12, cash €130,274

NBB · annual accounts

Equity €36,331 (10.1% of total assets)

NBB · annual accounts

Size: 20.4 FTE, total assets €360,135

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Office administrative, office support and other business support activities (NACE 82)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2801 sector peers (2025).

NBB · sector comparison

Position among 2801 sector peers

Solvency

better than 22%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

4 days early

2024

5 days early

2023

on the day

2022

3 days early

2021

6 days early

2020

1 day early

2019

12 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

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 27 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
26-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-07-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Positive: 8th oldest company in Diepenbeek, Administrative and support services sectorin the Checked rankings No. 8 View
Positive: Staff rose in 2025from 13.6 FTE to 20.4 FTE ▲ 50.0% View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Positive: 6 profitable years in a rowprofit 2025: €1,076 6 years View

By topic

Financials

Financial year: 2025
Total assets: €360,135
Profit: €1,076
Solvency: 10.1%

Total assets▲ 29.9%

Net result

20182025

Go to Financials

Timeline

Events: 27
Since: 2003
Next accounts: by 31-07-2027

28-07-2023Annual accounts filed
25-07-2022Annual accounts filed
31-12-2021Highest result from 2018 to 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Organisation of conventions and trade showsNACE 82300
Founded: 15-04-2002
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about BELLUGA COMPANY

What is the company number of BELLUGA COMPANY?: 0477.275.632. In Belgium the VAT number is the company number with BE in front: BE 0477.275.632.
Where is BELLUGA COMPANY based?: The registered office is at Demerstraat 4, 3590 Diepenbeek.Company details
What does BELLUGA COMPANY do?: According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
What is the legal form of BELLUGA COMPANY?: Private limited company (pre-2019) (BVBA).
When was BELLUGA COMPANY founded?: On 15-04-2002.
Is BELLUGA COMPANY still active?: Yes, BELLUGA COMPANY is an active enterprise in the KBO register.
How many employees does BELLUGA COMPANY have?: On average 20.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BELLUGA COMPANY?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BELLUGA COMPANY profitable?: In financial year 2025, BELLUGA COMPANY made a profit of €1,076.
Where can I find the annual accounts of BELLUGA COMPANY?: BELLUGA COMPANY filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELLUGA COMPANY due?: By 31-07-2027, for financial year 2026.Timeline