Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BELMAX CONSTRUCTION is 3.9% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-412. Its solvency ranks better than 12% of 11123 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | 25-06-2025 | 36 d early | 2025-00182897 |
| 31-12-2023 | 31-07-2024 | 12-07-2024 | 19 d early | 2024-00249140 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2024| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.5% | 40.9% | |
| Net result | €-412 | €11k | |
| Equity | €3k | €34k | |
| Gross operating margin | €6k | €35k | |
| Total assets | €62k | €94k |
Show 5 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-412 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €760 |
| Dividends | - |
| Total assets | €62k |
| Equity | €3k |
| Debt | €58k |
| of which ≤ 1y | €49k |
| of which > 1y | - |
| Working capital | €13k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.25 |
| Quick ratio | 1.25 |
| Working capital ratio | 20.3% |
| Solvency | 5.5% |
| Debt / equity | 17.29 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -0.7% |
| ROE | -12.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €62k |
| Current assets | 29/58 | €62k |
| Amounts receivable within one year | 40/41 | €39k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €62k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €58k |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €33k |
| Income statement | ||
| Gross operating margin | 9900 | €6k |
| Operating result | 9901 | €2k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €347 |
| Income taxes | 67/77 | €760 |
| Net result for the period | 9904 | €-412 |
| Result to be appropriated | 9905 | €-412 |
Health barometer
FY 2024 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Imperiastraat 81930 ZaventemEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0203/00M006 | Brussels | 933 m² | 1 · 284 m² | - |
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
Publications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
1 of 2 acts readOf the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
- General meeting , 2026-08-10
- Registered-office move , Lange Eikstraat 46, 1970 Wezembeek-Oppem
Analysis
Financial profile
5 of 5 axes measuredFragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | BELMAX CONSTRUCTION |