BELO
ActiveThe computed 12-month bankruptcy probability of BELO is 1.8% (moderate). The 2024 annual accounts show equity of €178k and a net result of €30k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 18942 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 3.48 in 2023; short-term debt: 17.4% and cash: 69.9% of total assets), and 18.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
61 d late
2022
39 d early
2021
16 d late
2020
30 d late
2019
96 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€178k▲ 20.1%
2023 · €148k
2018: €38k
2019: €74k
2020: €81k
2021: €122k
2022: €126k
2023: €148k
2018 → 2024
Total assets
€218k▲ 18.9%
2023 · €183k
2018: €131k
2019: €196k
2020: €168k
2021: €201k
2022: €180k
2023: €183k
2018 → 2024
Net result
€30k▲ 34.5%
2023 · €22k
2018: €31k
2019: €37k
2020: €7k
2021: €41k
2022: €4k
2023: €22k
2018 → 2024
Working capital
€117k▲ 33.6%
2023 · €87k
2018: €6k
2019: €25k
2020: €41k
2021: €73k
2022: €70k
2023: €87k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€122k▲ 50.3%€126k▲ 3.4%€148k▲ 17.5%€178k▲ 20.1%
Operating result€14k-€56k▲ 313%€9k▼ 83.9%€36k▲ 297%€43k▲ 18.6%
Net result€7k-€41k▲ 509%€4k▼ 89.8%€22k▲ 432%€30k▲ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €218k
Fixed assets
€63k▲ 4.1%
Current assets
€155k▲ 26.3%
Equity and liabilities €218k
Equity
€178k▲ 20.1%
Debt
€40k▲ 14.2%
The debt ratio falls from 19.2% to 18.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56k▲
2023 · €48k
Cash flow
€43k▲
2023 · €34k
Solvency
81.6%▲
2023 · 80.8%
Current ratio
4.07▲
2023 · 3.48
Quick ratio
4.03▲
2023 · 3.45
Debt / equity
0.23▼
2023 · 0.24
ROE
16.7%▲
2023 · 14.9%
ROA
13.6%▲
2023 · 12.0%
Interest coverage
31.49▲
2023 · 22.54
Debt
€40k▲
2023 · €35k
Debt ≤ 1 year
€38k▲
2023 · €35k
Debt > 1 year
€2k
Income taxes
€11k▼
2023 · €12k
Staff costs
€14k▲
2023 · €12k
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€183k€218k▲
Fixed assets21/28€61k€63k▲
Tangible fixed assets22/27€61k€63k▲
Land and buildings22€37k€30k▼
Plant, machinery and equipment23€24k€32k▲
Furniture and vehicles24-€1k
Financial fixed assets28-€50
Current assets29/58€123k€155k▲
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41-€1k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€121k€152k▲
Equity and liabilities
Total equity and liabilities10/49€183k€218k▲
Equity10/15€148k€178k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€133k€162k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€131k€160k▲
Profit (loss) carried forward14€9k€10k▲
Amounts payable17/49€35k€40k▲
Amounts payable after more than one year17-€2k
Financial debts170/4-€2k
Amounts payable within one year42/48€35k€38k▲
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€24k€23k▼
Taxes450/3€18k€17k▼
Remuneration and social security454/9€6k€6k▼
Other amounts payable47/48€154€759▲
Income statement
Code20232024
Remuneration, social security and pensions62€12k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€61k€71k▲
Operating profit (loss)9901€36k€43k▲
Financial income75/76B€34€149▲
Recurring financial income75€34€149▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€34k€41k▲
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€22k€30k▲
Profit (loss) for the period to be appropriated9905€22k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€39k▲
Profit (loss) brought forward from the previous period14P€8k€9k▲
Transfer to equity691/2€21k€29k▲
To other reserves6921€21k€29k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Equity above €150kEq €178k ▲20.1%
7 profitable years in a row build equity to €178k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €4k ▼89.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €41k ▲509%
Net result €41k, the highest in the series.
31-12
Financial
Equity above €100kEq €122k ▲50.3%
4 profitable years in a row build equity to €122k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kontich · 1 establishment unit since 2018
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.
Edegemsesteenweg 882550 KontichGround area
213 m²
Building footprint
106 m²
Volume, LiDAR
680 m³
Parcel 11024B0172/00D008, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BELO
since 20182.272.658.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0172/00D008 | Flanders | 213 m² | 1 · 106 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteKontich2.272.658.332
Similar companies · same sector, comparable size
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OSCADI
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OMER
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TD9
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ORIENTAL SUN
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 8,784 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.