Losses
-€16,086 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
BELMATECH
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €41,716 (2022)
-€13,237▼ €1,861
lowest -€22,268 (2021)
-€6,192▲ €3,702
peak €118,692 (2023)
€102,606▼ 5.7%
€220,666▲ 7.5%
peak 1 FTE (2010)
-not published
Board3 names since 2009
2 directorsRobert Masse and 1 other
Documentsfilings and deeds
21-01-202610 days before the deadline
2025financial year
Gross margin from -€11,376 to -€13,237Loss of €6,192Investments €15,659Cash from €1,123 to €21,203
Key points
from the 2025 annual accountsInvestments
€15,659 2.6 × depreciation
Green is investment, beige is depreciation.
Filings
24 annual accounts since 2002
Three of the last ten came late. The 2024 accounts came latest: 84 days after the end of the period.
Checked score
86
Excellent
Financially stronger than 21% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: 0.1%▲ +0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.7 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025highest value
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.7%▼ -0.1 percentage points vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.2%▼ -0.6 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 of the last 3 accounts late
Loss of €6,192, the second in a row (financial year 2025)
lowers risk
Size: total assets €323,272
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 30% of them on solvency, 8% on liquidity, 14% on profitability and 34% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as BELMATECH has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BELMATECH itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for BELMATECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.29 in 2024), below the usual 1.5. Short-term debt is 68.3% and cash 6.6% of total assets. 68.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€6,192
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 days early
2024
84 days late
2023
3 days late
2022
on the day
2021
9 days late
2020
2 days early
2019
16 days 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 10 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 3 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475343253
1 director appointed, 1 resignation, 1 reappointment
Reappointment: Robert Masse (managing director) · Appointment: Sandra Vanvooren · Resignation: INNOFUSION · General meeting of 01-10-2023 · Gazette deed
First establishment
Brugmannlaan 507, Uccle
Incorporation
published on 28-07-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELMATECH Uccle | €323,272 | -€13,237 | 31.7% | - |
| ENDURIO Uccle | €314,564 | -€27,109 | 64.2% | - |
| FKDM Uccle | €359,855 | €999 | 22.8% | - |
| OPENFORCE Ixelles | €330,129 | -€8,698 | -13.3% | - |
| Y & K CONSULTING Anderlecht | €345,132 | -€1,225 | 99.8% | - |
| FDM Group Watermael-Boitsfort | €355,175 | -€7,264 | 98.9% | - |
| TRANSFORM-IT Anderlecht | €304,703 | €851 | 88.3% | - |
These companies have the same main activity as BELMATECH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €305,000 and €360,000, founded between 2000 and 2003.
Official details
Source: KBO- Status
- Active since 18-07-2001Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.126.911.5751180 Uccle, since 27-03-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 18-03-2025
Annual accounts to 30-06-2025
- €323,272▲ 2.9%
- Filing
- Filed on 21-01-2026, 10 days before the end of the filing period
Insights on BELMATECH
The gross margin has fallen every year since 2022.
In September 2024, the Official Gazette published the appointment of Robert Masse as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELMATECH
- What is the company number of BELMATECH?
- The company number of BELMATECH is 0475.343.253. The VAT number is the same number with BE in front: BE 0475.343.253.
- Where is BELMATECH based?
- The registered office is at Brugmannlaan 507, 1180 Uccle.Company details
- What does BELMATECH do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of BELMATECH?
- BELMATECH is a public limited company (NV).
- When was BELMATECH founded?
- BELMATECH was founded on 18-07-2001.
- Is BELMATECH still active?
- Yes, BELMATECH is an active enterprise in the KBO register.
- How many employees does BELMATECH have?
- BELMATECH had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of BELMATECH?
- The annual accounts for financial year 2025 state no turnover. In financial year 2023 turnover was €28,500.
- Is BELMATECH profitable?
- In financial year 2025, BELMATECH made a loss of €6,192.
- Where can I find the annual accounts of BELMATECH?
- BELMATECH filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELMATECH due?
- BELMATECH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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