BELMEL
ActiveThe computed 12-month bankruptcy probability of BELMEL is 1.6% (moderate). The 2024 annual accounts show equity of €8k and a net result of €1k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 81% of 6162 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-24
Solvency92▲+27
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.3 against 1.37 in 2023; short-term debt: 32.6% and cash: 53.2% of total assets), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
67.4%
Return on assets
10.7%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €8k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
106 d late
2023
142 d late
2022
101 d late
2021
123 d late
2020
132 d late
2019
100 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k▲ 18.9%
2023 · €7k
2019: €15k
2020: €4k
2021: €7k
2022: €4k
2023: €7k
2019 → 2024
Total assets
€12k▼ 28.6%
2023 · €17k
2019: €32k
2020: €20k
2021: €18k
2022: €17k
2023: €17k
2019 → 2024
Net result
€1k▼ 59.7%
2023 · €3k
2019: €2k
2020: €-11k
2021: €3k
2022: €-3k
2023: €3k
2019 → 2024
Working capital
€5k▲ 49.4%
2023 · €3k
2019: €2k
2020: €-3k
2021: €865
2022: €1k
2023: €3k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€7k▲ 74.6%€4k▼ 47.4%€7k▲ 89.0%€8k▲ 18.9%
Operating result€-10k-€4k€-1k€5k€3k▼ 38.1%
Net result€-11k-€3k€-3k€3k€1k▼ 59.7%
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 2024; 2024 is 38% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€3k▼ 27.0%
Current assets
€9k▼ 28.7%
Equity and liabilities €12k
Equity
€8k▲ 18.9%
Debt
€4k▼ 60.9%
The debt ratio falls from 59.6% to 32.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €6k
Cash flow
€2k▼
2023 · €5k
Solvency
67.4%▲
2023 · 40.4%
Current ratio
2.30▲
2023 · 1.37
Quick ratio
1.79▲
2023 · 1.15
Debt / equity
0.48▼
2023 · 1.47
ROE
15.9%▼
2023 · 47.1%
ROA
10.7%▼
2023 · 19.0%
Interest coverage
2.91▼
2023 · 4.48
Debt
€4k▼
2023 · €10k
Debt ≤ 1 year
€4k▼
2023 · €9k
Income taxes
€374▼
2023 · €378
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€17k€12k▼
Formation expenses20€77-
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€840€526▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€363-
Current assets29/58€13k€9k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€5k€363▼
Trade receivables40€220-
Other amounts receivable41€5k€363▼
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€228€261▲
Equity and liabilities
Total equity and liabilities10/49€17k€12k▼
Equity10/15€7k€8k▲
Contributions10/11€12k€12k=
Reserves13€116€116=
Non-distributable reserves130/1€116€116=
Reserves not available under the articles1311€116€116=
Profit (loss) carried forward14€-6k€-4k▲
Amounts payable17/49€10k€4k▼
Amounts payable after more than one year17€789-
Financial debts170/4€789-
Amounts payable within one year42/48€9k€4k▼
Current portion of amounts payable after more than one year42€2k€789▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€4k€752▼
Taxes450/3€3k€752▼
Remuneration and social security454/9€747-
Other amounts payable47/48€378€309▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€828▼
Other operating charges640/8€2k€672▼
Gross operating margin9900€8k€4k▼
Operating profit (loss)9901€5k€3k▼
Financial income75/76B€201€1▼
Recurring financial income75€201€1▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€378€374▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-4k▲
Profit (loss) brought forward from the previous period14P€-9k€-6k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
2020
31-12
Financial
Weakest financial yearnet €-11k ▼566%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sombreffe · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Peupliers, Ligny 195140 SombreffeGround area
2,508 m²
Building footprint
152 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
M&B COMPAGNY
since 20192.288.050.153
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92126B0683/00K000 | Wallonia | 2,303 m² | 1 · 100 m² | - |
| 92074B0332/00E010 | Wallonia | 205 m² | 1 · 51 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,863 companies in sector 96220 we hold annual accounts for 1,443. 1,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-03-2019
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.