BELMARK
ActiveSummary
BELMARK has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €31. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 35% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▲+12
Solvency46▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.24 in 2023; short-term debt: 79.4% and cash: 4.2% of total assets), and 79.4% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
20.6%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-06-2025, 46 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
46 d early
2023
9 d early
2022
49 d early
2021
47 d early
2020
47 d early
2019
19 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€13k▲ 0.2%
2023 · €13k
Total assets
€65k▼ 4.9%
2023 · €68k
Net result
€31
2023 · €-3k
Working capital
€13k▲ 0.2%
2023 · €13k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4k▼ 40.4%€-5k€113€-3k€113
Net result€4k▼ 47.8%€-5k€16€-3k€31
Equity€22k▲ 19.5%€17k▼ 24.5%€17k▲ 0.1%€13k▼ 19.7%€13k▲ 0.2%
Total assets€44k▼ 52.5%€77k▲ 76.3%€73k▼ 5.9%€68k▼ 6.6%€65k▼ 4.9%
Debt€22k▼ 70.3%€61k▲ 177%€56k▼ 7.6%€55k▼ 2.7%€51k▼ 6.2%
Working capital€22k▲ 21.9%€17k▼ 24.5%€17k▲ 0.1%€13k▼ 19.7%€13k▲ 0.2%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €113 after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €65k
Equity
€13k ▲ 0.2%
Debt
€51k ▼ 6.2%
Debt's share of the balance-sheet total falls from 80.4% to 79.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.26▲
2023 · 1.24
Quick ratio
0.33▲
2023 · 0.20
Debt to equity
3.85▼
2023 · 4.11
ROE
0.2%▲
2023 · -24.5%
ROA
0.0%▲
2023 · -4.8%
Debt ≤ 1 year
€51k▼
2023 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1k | - | - | - | - |
| Other operating charges640/8 | - | €348 | €450 | €543 | €505 | ▼ 7.0% |
| Gross operating margin9900 | €5k | €-4k | €563 | €-3k | €618 | ▲ 123% |
| Operating profit (loss)9901 | €4k | €-5k | €113 | €-3k | €113 | ▲ 104% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | €1 | €1 | - | - | - | - |
| Financial charges65/66B | - | €205 | €98 | €76 | €81 | ▲ 6.8% |
| Recurring financial charges65 | €296 | €205 | €98 | €76 | €81 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €4k | €-5k | €16 | €-3k | €31 | ▲ 101% |
| Income taxes67/77 | €424 | - | - | - | - | - |
| Profit (loss) for the period9904 | €4k | €-5k | €16 | €-3k | €31 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-5k | €16 | €-3k | €31 | ▲ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €77k | €73k | €68k | €65k | ▼ 4.9% |
| Current assets29/58 | €44k | €77k | €73k | €68k | €65k | ▼ 4.9% |
| Stocks and contracts in progress3 | €17k | €65k | €59k | €57k | €48k | ▼ 16.1% |
| Stocks30/36 | - | €65k | €59k | €57k | €48k | ▼ 16.1% |
| Amounts receivable within one year40/41 | €17k | €11k | €13k | €10k | €14k | ▲ 37.9% |
| Trade receivables40 | - | €10k | €13k | €10k | €14k | ▲ 39.0% |
| Other amounts receivable41 | - | €234 | - | €77 | - | - |
| Cash at bank and in hand54/58 | €10k | €2k | €1k | €692 | €3k | ▲ 292% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €77k | €73k | €68k | €65k | ▼ 4.9% |
| Equity10/15 | €22k | €17k | €17k | €13k | €13k | ▲ 0.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2k | €-4k | €-4k | €-7k | €-7k | ▲ 0.4% |
| Amounts payable17/49 | €22k | €61k | €56k | €55k | €51k | ▼ 6.2% |
| Amounts payable within one year42/48 | €22k | €61k | €56k | €55k | €51k | ▼ 6.2% |
| Trade debts44 | - | €33k | €29k | €29k | €25k | ▼ 13.9% |
| Suppliers440/4 | - | €33k | €29k | €29k | €25k | ▼ 13.9% |
| Taxes, remuneration and social security45 | - | €1k | €1k | - | €619 | - |
| Taxes450/3 | - | €1k | €1k | - | €619 | - |
| Other amounts payable47/48 | - | €26k | €26k | €26k | €26k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-5k | €16 | €-3k | €31 | ▲ 101% |
| Operating cash flow (approximation) | €4k | €-5k | €16 | €-3k | €31 | ▲ 101% |
| Change in cash | - | €-9k | €-390 | €-692 | €2k | ▲ 392% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
15-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €31
Net result €31 after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16
Net result €16 after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2017
Ground area
2,680 m²
Building footprint
2,525 m²
Volume, LiDAR
21,656 m³
Parcel 11012A0265/00N000, Flanders · tallest building 37.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Middelmolenlaan 170, 2100 Antwerpen
since 20172.264.562.988
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0265/00N000 | Flanders | 2,680 m² | 1 · 2,525 m² | 37.1 m · 3 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.
Similar companies · same sector, comparable size
BANEO
BE 0755.817.565
Maasmechelen · Eq €13,738
DALIE MACHINAS
BE 1006.003.133
Herentals · Eq €12,801
PREMTECH
BE 0785.697.525
Ternat · Eq €12,708
AMT GROUP
BE 0685.406.750
Zedelgem · Eq €14,040
Unibouw België
BE 0811.994.324
Brasschaat · Eq €14,041
Of 1,805 companies in sector 46831 we hold annual accounts for 1,397. 356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.