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BELMAR DIFFUSION

Active
Private limited company (pre-2019)founded 1995active for 30 yearsRichard Vandeveldestraat 59, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0456.867.921
Summary

The computed 12-month bankruptcy probability of BELMAR DIFFUSION is 17.6% (high). The 2020 annual accounts show negative equity (-€63,268) and a net result of -€14,109. Equity is shrinking by about 17% per year across the filed financial years. The company has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known1 site
Size
≈ €8,400turnover 2020, estimated
Equity
-€63,268
Loss
-€14,109
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
17.6%
2020 figures too old to score
Structure
2021 accounts not filed, 1552 days past the deadline1 deed in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2020 (filed 30-09-2021)3 financial years not filed after the legal deadline; last filed accounts filed 58 days late; 2 of the last 3 lateEx-officio strike-off in the KBO2020 accounts filed 58 days lateAdministrative warnings in the KBO publicationslowers riskSize: total assets €3,719neutralNo filing for yearsShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Weak
Solvency 0=
equity -1701.2% of total assets
Liquidity 1-2
short-term debt 1801.2% · cash 1.1%
Profitability 0-21
return on assets -379.4%
Bankruptcy probability, 12 months
17.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 8.6% 12-2024: 8.6%● unchanged vs 11-2024 01-2025: 8.6%● unchanged vs 12-2024 02-2025: 8.6%● unchanged vs 01-2025 03-2025: 8.6%● unchanged vs 02-2025 04-2025: 8.6%● unchanged vs 03-2025 05-2025: 8.6%● unchanged vs 04-2025 06-2025: 8.6%● unchanged vs 05-2025 07-2025: 8.6%● unchanged vs 06-2025 08-2025: 8.6%● unchanged vs 07-2025lowest value 09-2025: 8.6%● unchanged vs 08-2025lowest value 10-2025: 15.1%▲ +6.5 percentage points vs 09-2025 11-2025: 15.1%● unchanged vs 10-2025 12-2025: 16.7%▲ +1.6 percentage points vs 11-2025 01-2026: 16.7%● unchanged vs 12-2025 02-2026: 16.7%● unchanged vs 01-2026 03-2026: 16.7%● unchanged vs 02-2026 04-2026: 16.7%● unchanged vs 03-2026 05-2026: 16.7%● unchanged vs 04-2026 06-2026: 16.7%● unchanged vs 05-2026 07-2026: 17.6%▲ +0.9 percentage points vs 06-2026highest value 08-2026: 17.6%● unchanged vs 07-2026highest value 09-2026: 17.6%● unchanged vs 08-2026highest value 10-2026: 17.6%● unchanged vs 09-2026highest value
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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2020 (filed 30-09-2021)
NBB · annual accounts
lowers risk · Size: total assets €3,719
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 58 days late; 2 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 year end31-07-2022 deadline30-10-2026 today
raises risk · 2020 accounts filed 58 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-09-2021, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
58 days late
2019
38 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 48 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Late accounts filing
  1. Late accounts filingKBO administration
  2. Annual accounts filedfinancial year 2020 · full…
  3. Weakest financial yearnet -€14,109

Financials · financial year 2020, full format

2021 annual accounts not yet filed, deadline passed on 31 July 2022 Financial year closed on 31 December 2021; filing due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 30 October 2026.

Turnover
≈ €8,400
Estimated: probably between €3,500 and €21,000
EBIT margin
Not included in this filing
Net result
-€14,109▼ 536%
2019 · -€2,218
Working capital
-€65,492▼ 14.8%
2019 · -€57,060
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result stays negative: a loss of €14,109 in 2020 against €2,218 in 2019; the loss grows and 2020 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€14,109 2020 Net result-€14,109 2020

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020
Operating result€3,396--€2,218-€14,109▼ 536%
Net result€3,396--€2,218-€14,109▼ 536%
Equity-€46,941--€49,159▼ 4.7%-€63,268▼ 28.7%
Total assets€22,238-€33,400▲ 50.2%€3,719▼ 88.9%
Debt€69,180-€82,559▲ 19.3%€66,987▼ 18.9%
Working capital-€58,447--€57,060▲ 2.4%-€65,492▼ 14.8%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €3,719
Fixed assets €2,224 ▼ 71.9%
Current assets €1,495 ▼ 94.1%
Equity and liabilities
Equity-€63,268
Debt€66,987
Equity is negative: debt (€66,987) exceeds the balance-sheet total (€3,719).
Key figures and ratios
2020 value · change against 2019
EBITDA
-€8,432▼
2019 · €3,460
Cash flow
-€8,432▼
2019 · €3,460
Debt ≤ 1 year
€66,987▼
2019 · €82,559
Ratios withheld: a balance sheet total of €3,719 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 20 lines
Balance sheet Code20192020
Assets
Total assets20/58€33,400€3,719▼
Fixed assets21/28€7,901€2,224▼
Tangible fixed assets22/27€6,935€1,258▼
Financial fixed assets28€966€966=
Current assets29/58€25,499€1,495▼
Amounts receivable within one year40/41€24,659€1,453▼
Cash at bank and in hand54/58€839€42▼
Equity and liabilities
Total equity and liabilities10/49€33,400€3,719▼
Equity10/15-€49,159-€63,268▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€67,759-€81,868▼
Amounts payable17/49€82,559€66,987▼
Amounts payable within one year42/48€82,559€66,987▼
Trade debts44€33,520-
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,677€5,677=
Gross operating margin9900€102,037€1,253▼
Operating profit (loss)9901-€2,218-€14,109▼
Profit (loss) for the period before taxes9903-€2,218-€14,109▼
Profit (loss) for the period9904-€2,218-€14,109▼
Profit (loss) for the period to be appropriated9905-€2,218-€14,109▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,263€5,677€5,677=
Gross operating margin9900€113,373€102,037€1,253▼ 98.8%
Operating profit (loss)9901€3,396-€2,218-€14,109▼ 536%
Profit (loss) for the period before taxes9903€3,396-€2,218-€14,109▼ 536%
Profit (loss) for the period9904€3,396-€2,218-€14,109▼ 536%
Profit (loss) for the period to be appropriated9905€3,396-€2,218-€14,109▼ 536%
Line201820192020Change
Assets
Total assets20/58€22,238€33,400€3,719▼ 88.9%
Fixed assets21/28€11,505€7,901€2,224▼ 71.9%
Tangible fixed assets22/27€10,539€6,935€1,258▼ 81.9%
Financial fixed assets28€966€966€966=
Current assets29/58€10,733€25,499€1,495▼ 94.1%
Amounts receivable within one year40/41€9,121€24,659€1,453▼ 94.1%
Cash at bank and in hand54/58€1,612€839€42▼ 95.0%
Equity and liabilities
Total equity and liabilities10/49€22,238€33,400€3,719▼ 88.9%
Equity10/15-€46,941-€49,159-€63,268▼ 28.7%
Contributions10/11€18,600€18,600€18,600=
Profit (loss) carried forward14-€65,541-€67,759-€81,868▼ 20.8%
Amounts payable17/49€69,180€82,559€66,987▼ 18.9%
Amounts payable within one year42/48€69,180€82,559€66,987▼ 18.9%
Trade debts44€19,779€33,520--
Line201820192020Change
Profit (loss) for the period9904€3,396-€2,218-€14,109▼ 536%
+ Depreciation and write-downs630€5,263€5,677€5,677=
Operating cash flow (approximation)€8,659€3,460-€8,432-
Investment in fixed assets (approximation)--€2,073€0-
Change in cash--€773-€798▼ 3.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
31-12-2020 full format 27-09-2021 2021-68500123
31-12-2019 full format 07-09-2020 2020-51600338
31-12-2018 full format 05-08-2019 2019-43200332
31-12-2017 full format 31-08-2018 2018-62100315
31-12-2016 full format 03-08-2017 2017-41000411
31-12-2015 full format 30-08-2016 2016-49500321
31-12-2014 full format 24-08-2015 2015-44800180
31-12-2013 full format 23-07-2014 2014-34700282
31-12-2012 full format 27-08-2013 2013-48000053
31-12-2011 full format 29-08-2012 2012-55600354

Show all 24 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 6 December 1995, BELMAR DIFFUSION was incorporated.1 Total assets went from €22,238 in 2018 to €3,719 in 2020.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2020

Acts, filings and financial milestones

2025
08-09
KBO administration Late accounts filing
2021
27-09
NBB filing Annual accounts filed
financial year 2020 · full format · 58 days late
2020
31-12
Financial Weakest financial yearnet -€14,109
Net result drops to -€14,109, the lowest in the series.
07-09
NBB filing Annual accounts filed
financial year 2019 · full format · 38 days late
2019
05-08
NBB filing Annual accounts filed
financial year 2018 · full format · 5 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · full format · 31 days late
2017
03-08
NBB filing Annual accounts filed
financial year 2016 · full format · 3 days late
2016
30-08
NBB filing Annual accounts filed
financial year 2015 · full format · 30 days late
2015
24-08
NBB filing Annual accounts filed
financial year 2014 · full format · 24 days late
2014
23-07
NBB filing Annual accounts filed
financial year 2013 · full format
2013
27-08
NBB filing Annual accounts filed
financial year 2012 · full format · 27 days late
2012
29-08
NBB filing Annual accounts filed
financial year 2011 · full format · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-1995
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 1996
registered office establishment The establishment unit on the map
Ground area
88 m²
Building footprint
87 m²
Building volume
865 m³
Parcel 21902A0245/00R002, Brussels · tallest building 15.5 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CENTRE YVES ROCHER
Richard Vandeveldestraat 59, 1030 SchaarbeekOther retail sale of food
since 1996unit no. 2.078.694.954
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21902A0245/00R002 Brussels 88 m² 1 · 86 m² 15.5 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.