BELMANS DIRK
ActiveSummary
BELMANS DIRK has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488,448 and a net result of €105,396. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 14.83 against 12.4 in 2024; short-term debt: 5.8% and cash: 56.4% of total assets), and 5.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.2%
Return on assets
20.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 filingsDeviation from the deadline
2025
24 d late
2024
27 d early
2023
14 d late
2022
22 d late
2021
24 d late
2020
30 d late
2019
90 d 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 25 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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 22 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€488,448▲ 10.7%
2024 · €441,317
Total assets
€518,425▲ 9.5%
2024 · €473,543
Net result
€105,396▲ 3.3%
2024 · €102,002
Working capital
€414,669▲ 12.9%
2024 · €367,450
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€67,042▼ 6.2%€84,808▲ 26.5%€107,493▲ 26.7%€142,835▲ 32.9%€126,372▼ 11.5%
Net result€48,280above the sector's middle half▼ 6.9%€62,122above the sector's middle half▲ 28.7%€77,765above the sector's middle half▲ 25.2%€102,002above the sector's middle half▲ 31.2%€105,396above the sector's middle half▲ 3.3%
Equity€322,968above the sector's middle half▼ 2.7%€338,333above the sector's middle half▲ 4.8%€387,346above the sector's middle half▲ 14.5%€441,317above the sector's middle half▲ 13.9%€488,448above the sector's middle half▲ 10.7%
Total assets€365,177above the sector's middle half▼ 3.6%€388,701above the sector's middle half▲ 6.4%€419,516above the sector's middle half▲ 7.9%€473,543above the sector's middle half▲ 12.9%€518,425above the sector's middle half▲ 9.5%
Debt€42,209▼ 9.7%€50,368▲ 19.3%€32,170▼ 36.1%€32,226▲ 0.2%€29,977▼ 7.0%
Working capital€276,127above the sector's middle half▲ 3.2%€294,988above the sector's middle half▲ 6.8%€314,059above the sector's middle half▲ 6.5%€367,450above the sector's middle half▲ 17.0%€414,669above the sector's middle half▲ 12.9%
Solvency88.4%above the sector's middle half▲ 0.8pp87.0%above the sector's middle half▼ 1.4pp92.3%above the sector's middle half▲ 5.3pp93.2%above the sector's middle half▲ 0.9pp94.2%above the sector's middle half▲ 1.0pp
Current ratio21.11above the sector's middle half▲ 6.4816.55above the sector's middle half▼ 4.5611.08above the sector's middle half▼ 5.4712.40above the sector's middle half▲ 1.3214.83above the sector's middle half▲ 2.43
Return on assets (ROA)13.2%within the sector's middle half▼ 0.5pp16.0%above the sector's middle half▲ 2.8pp18.5%above the sector's middle half▲ 2.6pp21.5%above the sector's middle half▲ 3.0pp20.3%above the sector's middle half▼ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €518,425
Fixed assets
€73,779 ▼ 0.1%
Current assets
€444,646 ▲ 11.3%
Equity and liabilities €518,425
Equity
€488,448 ▲ 10.7%
Debt
€29,977 ▼ 7.0%
Debt's share of the balance-sheet total falls from 6.8% to 5.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€126,460▼
2024 · €143,273
Cash flow
€105,484▲
2024 · €102,440
Debt to equity
0.06▼
2024 · 0.07
ROE
21.6%▼
2024 · 23.1%
Interest coverage
554.65▼
2024 · 852.82
Debt ≤ 1 year
€29,977▼
2024 · €32,226
Income taxes
€28,727▼
2024 · €41,803
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,217 | €577 | €438 | €438 | €88 | ▼ 79.9% |
| Other operating charges640/8 | €5,029 | €5,427 | €5,489 | €5,842 | €6,086 | ▲ 4.2% |
| Non-recurring operating charges66A | - | - | €63 | - | - | - |
| Gross operating margin9900 | €88,288 | €90,812 | €113,483 | €149,115 | €132,546 | ▼ 11.1% |
| Operating profit (loss)9901 | €67,042 | €84,808 | €107,493 | €142,835 | €126,372 | ▼ 11.5% |
| Financial income75/76B | - | €1,593 | €1,282 | €1,138 | €7,979 | ▲ 601% |
| Recurring financial income75 | - | €1,593 | €1,282 | €1,138 | €7,979 | ▲ 601% |
| Financial charges65/66B | €481 | €575 | €444 | €168 | €228 | ▲ 35.7% |
| Recurring financial charges65 | €481 | €575 | €444 | €168 | €228 | ▲ 35.7% |
| Profit (loss) for the period before taxes9903 | €66,561 | €85,826 | €108,331 | €143,805 | €134,123 | ▼ 6.7% |
| Income taxes67/77 | €18,281 | €23,704 | €30,566 | €41,803 | €28,727 | ▼ 31.3% |
| Profit (loss) for the period9904 | €48,280 | €62,122 | €77,765 | €102,002 | €105,396 | ▲ 3.3% |
| Profit (loss) for the period to be appropriated9905 | €48,280 | €62,122 | €77,765 | €102,002 | €105,396 | ▲ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €365,177 | €388,701 | €419,516 | €473,543 | €518,425 | ▲ 9.5% |
| Fixed assets21/28 | €75,320 | €74,743 | €74,305 | €73,867 | €73,779 | ▼ 0.1% |
| Tangible fixed assets22/27 | €74,824 | €74,247 | €73,809 | €73,371 | €73,283 | ▼ 0.1% |
| Land and buildings22 | €73,422 | €73,283 | €73,283 | €73,283 | €73,283 | = |
| Furniture and vehicles24 | €1,402 | €964 | €526 | €88 | - | - |
| Financial fixed assets28 | €496 | €496 | €496 | €496 | €496 | = |
| Current assets29/58 | €289,857 | €313,958 | €345,211 | €399,676 | €444,646 | ▲ 11.3% |
| Stocks and contracts in progress3 | - | €14,000 | €0 | - | - | - |
| Stocks30/36 | - | €14,000 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €20,337 | €21,492 | €22,292 | €22,295 | €27,440 | ▲ 23.1% |
| Other amounts receivable41 | €20,337 | €21,492 | €22,292 | €22,295 | €27,440 | ▲ 23.1% |
| Current investments50/53 | - | €80,651 | €100,651 | €100,651 | €100,651 | = |
| Cash at bank and in hand54/58 | €269,520 | €196,743 | €221,232 | €249,983 | €292,395 | ▲ 17.0% |
| Deferred charges and accrued income490/1 | - | €1,072 | €1,036 | €26,747 | €24,160 | ▼ 9.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €365,177 | €388,701 | €419,516 | €473,543 | €518,425 | ▲ 9.5% |
| Equity10/15 | €322,968 | €338,333 | €387,346 | €441,317 | €488,448 | ▲ 10.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €304,376 | €319,741 | €368,754 | €422,725 | €364,460 | ▼ 13.8% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | €283,767 | €299,132 | €350,004 | €403,975 | €345,710 | ▼ 14.4% |
| Profit (loss) carried forward14 | - | - | - | - | €105,396 | - |
| Amounts payable17/49 | €42,209 | €50,368 | €32,170 | €32,226 | €29,977 | ▼ 7.0% |
| Amounts payable within one year42/48 | €13,730 | €18,970 | €31,152 | €32,226 | €29,977 | ▼ 7.0% |
| Trade debts44 | €1,000 | €5,866 | €2,866 | €4,869 | €2,494 | ▼ 48.8% |
| Suppliers440/4 | €1,000 | €5,866 | €2,866 | €4,869 | €2,494 | ▼ 48.8% |
| Taxes, remuneration and social security45 | €10,829 | €11,203 | €26,385 | €24,437 | €24,437 | = |
| Taxes450/3 | €7,854 | €8,228 | €23,410 | €21,462 | €21,462 | = |
| Remuneration and social security454/9 | €2,975 | €2,975 | €2,975 | €2,975 | €2,975 | = |
| Other amounts payable47/48 | €1,901 | €1,901 | €1,901 | €2,920 | €3,046 | ▲ 4.3% |
| Accrued charges and deferred income492/3 | €28,479 | €31,398 | €1,018 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,280 | €62,122 | €77,765 | €102,002 | €105,396 | ▲ 3.3% |
| + Depreciation and write-downs630 | €16,217 | €577 | €438 | €438 | €88 | ▼ 79.9% |
| Operating cash flow (approximation) | €64,497 | €62,699 | €78,203 | €102,440 | €105,484 | ▲ 3.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€72,777 | €24,489 | €28,751 | €42,412 | ▲ 47.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €105,396 ▲3.3%
Net result €105,396, the highest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 14.64
Current ratio from 6.83 to 14.64; short-term debt falls from €35,915 to €19,617.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 18 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1992
Ground area
2,421 m²
Building footprint
849 m²
Volume, LiDAR
4,587 m³
Parcel 12302D0351/00V002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BELMANS DIRK BVBA
since 19922.056.985.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302D0351/00V002 | Flanders | 2,421 m² | 1 · 849 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,265 companies in this sector we hold annual accounts for 952. 663 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded11-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446638181
Also
9925:BE0446638181
Registered
17-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.