BELOCAS
ActiveSummary
BELOCAS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,201 and a net result of -€31,234. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 42% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-57
Solvency50▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.39 against 2.59 in 2024; short-term debt: 40.9% and cash: 0.5% of total assets), but 75% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
25%
Return on assets
-6.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
132 d late
2022
115 d late
2021
480 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 139 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 November (4 of the last 5 filed years within 84 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€213,854
EBIT margin
0.3%
Net result
-€31,234
2024 · €16,073
Working capital
€280,951▼ 16.1%
2024 · €334,987
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€73,138▼ 23.3%€89,039▲ 21.7%-€4,181€27,827-€21,864
Net result€52,390above the sector's middle half▼ 9.2%€55,675above the sector's middle half▲ 6.3%-€7,128below the sector's middle half€16,073within the sector's middle half-€31,234below the sector's middle half
EBIT margin
Equity€89,814within the sector's middle half▲ 140%€145,489above the sector's middle half▲ 62.0%€138,361above the sector's middle half▼ 4.9%€154,435above the sector's middle half▲ 11.6%€123,201within the sector's middle half▼ 20.2%
Total assets€504,324above the sector's middle half▲ 1.8%€646,067above the sector's middle half▲ 28.1%€602,058above the sector's middle half▼ 6.8%€545,956above the sector's middle half▼ 9.3%€493,424above the sector's middle half▼ 9.6%
Debt€414,510▼ 9.4%€500,577▲ 20.8%€463,697▼ 7.4%€391,521▼ 15.6%€370,223▼ 5.4%
Working capital€255,057above the sector's middle half▲ 26.8%€351,749above the sector's middle half▲ 37.9%€332,026above the sector's middle half▼ 5.6%€334,987above the sector's middle half▲ 0.9%€280,951above the sector's middle half▼ 16.1%
Solvency17.8%within the sector's middle half▲ 10.3pp22.5%within the sector's middle half▲ 4.7pp23.0%within the sector's middle half▲ 0.5pp28.3%within the sector's middle half▲ 5.3pp25.0%within the sector's middle half▼ 3.3pp
Current ratio2.03within the sector's middle half▲ 0.342.20within the sector's middle half▲ 0.172.23within the sector's middle half▲ 0.032.59within the sector's middle half▲ 0.362.39within the sector's middle half▼ 0.20
Return on assets (ROA)10.4%within the sector's middle half▼ 1.3pp8.6%within the sector's middle half▼ 1.8pp-1.2%within the sector's middle half▼ 9.8pp2.9%within the sector's middle half▲ 4.1pp-6.3%below the sector's middle half▼ 9.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €21,864 after €27,827 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €493,424
Fixed assets
€10,829 ▲ 1,088%
Current assets
€482,594 ▼ 11.5%
Equity and liabilities €493,424
Equity
€123,201 ▼ 20.2%
Debt
€370,223 ▼ 5.4%
Debt's share of the balance-sheet total rises from 71.7% to 75.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€21,281▼
2024 · €27,949
Cash flow
-€30,651▼
2024 · €16,195
Quick ratio
0.07▼
2024 · 0.23
Debt to equity
3.01▲
2024 · 2.54
ROE
-25.4%▼
2024 · 10.4%
Interest coverage
-4.10▼
2024 · 5.48
Debt ≤ 1 year
€201,643▼
2024 · €210,057
Debt > 1 year
€168,579▼
2024 · €181,464
Income taxes
€4,358▼
2024 · €6,684
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,507 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,511 | €173 | €122 | €122 | €583 | ▲ 376% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€4,840 | - |
| Other operating charges640/8 | €4,185 | €14,669 | €11,616 | €2,182 | €4,207 | ▲ 92.8% |
| Gross operating margin9900 | €78,834 | €103,880 | €7,557 | €30,131 | -€21,914 | ▼ 173% |
| Operating profit (loss)9901 | €73,138 | €89,039 | -€4,181 | €27,827 | -€21,864 | ▼ 179% |
| Financial income75/76B | €166 | €0 | €551 | €28 | €183 | ▲ 546% |
| Recurring financial income75 | €166 | €0 | €551 | €28 | €183 | ▲ 546% |
| Financial charges65/66B | €2,431 | €3,460 | €3,498 | €5,098 | €5,195 | ▲ 1.9% |
| Recurring financial charges65 | €2,431 | €3,460 | €3,498 | €5,098 | €5,195 | ▲ 1.9% |
| Profit (loss) for the period before taxes9903 | €70,873 | €85,579 | -€7,128 | €22,758 | -€26,876 | ▼ 218% |
| Income taxes67/77 | €18,483 | €29,904 | - | €6,684 | €4,358 | ▼ 34.8% |
| Profit (loss) for the period9904 | €52,390 | €55,675 | -€7,128 | €16,073 | -€31,234 | ▼ 294% |
| Profit (loss) for the period to be appropriated9905 | €52,390 | €55,675 | -€7,128 | €16,073 | -€31,234 | ▼ 294% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €504,324 | €646,067 | €602,058 | €545,956 | €493,424 | ▼ 9.6% |
| Fixed assets21/28 | €1,329 | €1,156 | €1,034 | €911 | €10,829 | ▲ 1,088% |
| Tangible fixed assets22/27 | €1,029 | €856 | €734 | €611 | €10,529 | ▲ 1,622% |
| Land and buildings22 | €978 | €856 | €734 | €611 | €489 | ▼ 20.0% |
| Plant, machinery and equipment23 | €51 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €10,040 | - |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €502,995 | €644,911 | €601,025 | €545,044 | €482,594 | ▼ 11.5% |
| Stocks and contracts in progress3 | €264,635 | €500,699 | €579,660 | €496,163 | €469,009 | ▼ 5.5% |
| Stocks30/36 | €264,635 | €500,699 | €579,660 | €496,163 | €469,009 | ▼ 5.5% |
| Amounts receivable within one year40/41 | €10,777 | €22,955 | €11,854 | €12,093 | €9,839 | ▼ 18.6% |
| Trade receivables40 | €10,777 | €5,777 | €4,777 | €4,777 | €1,677 | ▼ 64.9% |
| Other amounts receivable41 | - | €17,178 | €7,077 | €7,316 | €8,162 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €227,531 | €121,256 | €9,511 | €36,028 | €2,371 | ▼ 93.4% |
| Deferred charges and accrued income490/1 | €52 | - | - | €760 | €1,375 | ▲ 80.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €504,324 | €646,067 | €602,058 | €545,956 | €493,424 | ▼ 9.6% |
| Equity10/15 | €89,814 | €145,489 | €138,361 | €154,435 | €123,201 | ▼ 20.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €71,222 | €126,897 | €126,897 | €126,897 | €126,897 | = |
| Distributable reserves133 | €71,222 | €126,897 | €126,897 | €126,897 | €126,897 | = |
| Profit (loss) carried forward14 | €0 | - | -€7,128 | €8,945 | -€22,288 | ▼ 349% |
| Amounts payable17/49 | €414,510 | €500,577 | €463,697 | €391,521 | €370,223 | ▼ 5.4% |
| Amounts payable after more than one year17 | €166,572 | €207,416 | €194,698 | €181,464 | €168,579 | ▼ 7.1% |
| Financial debts170/4 | €166,572 | €207,416 | €194,698 | €181,464 | €168,579 | ▼ 7.1% |
| Amounts payable within one year42/48 | €247,938 | €293,161 | €268,999 | €210,057 | €201,643 | ▼ 4.0% |
| Current portion of amounts payable after more than one year42 | - | €12,718 | €12,718 | €13,234 | €12,385 | ▼ 6.4% |
| Financial debts43 | €4,000 | €18,965 | €39,752 | €8,733 | €12,612 | ▲ 44.4% |
| Credit institutions430/8 | - | €15,129 | €36,065 | €5,234 | €9,274 | ▲ 77.2% |
| Other loans439 | €4,000 | €3,836 | €3,687 | €3,499 | €3,338 | ▼ 4.6% |
| Trade debts44 | €31,445 | €46,616 | €32,224 | €29,772 | €14,684 | ▼ 50.7% |
| Suppliers440/4 | €31,445 | €46,616 | €32,224 | €29,772 | €14,684 | ▼ 50.7% |
| Advances received on contracts in progress46 | - | €1,000 | €3,733 | €1,800 | - | - |
| Taxes, remuneration and social security45 | €47,369 | €48,469 | €23,853 | €5,730 | - | - |
| Taxes450/3 | €47,369 | €48,469 | €23,853 | €5,730 | - | - |
| Other amounts payable47/48 | €165,124 | €165,393 | €156,718 | €150,788 | €161,962 | ▲ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,390 | €55,675 | -€7,128 | €16,073 | -€31,234 | ▼ 294% |
| + Depreciation and write-downs630 | €1,511 | €173 | €122 | €122 | €583 | ▲ 376% |
| Operating cash flow (approximation) | €53,901 | €55,848 | -€7,005 | €16,195 | -€30,651 | ▼ 289% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | €0 | -€10,500 | - |
| Change in cash | - | -€106,275 | -€111,745 | €26,518 | -€33,657 | ▼ 227% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€31,234
Net result drops to -€31,234, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €16,073
Net result €16,073 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €154,435 ▲11.6%
Equity rises from €138,361 to €154,435.
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 115 days late
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 480 days late
2022
31-12
Financial
Equity above €100,000Eq €145,489 ▲62%
4 profitable years in a row build equity to €145,489.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €57,704 ▲72%
Operating result €95,390, net result €57,704, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €33,546
Net result €33,546 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Aiseau-Presles · 1 establishment unit since 2000
Ground area
3,248 m²
Building footprint
166 m²
Volume, LiDAR
917 m³
Parcel 52056B0123/00E000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BELOCAS
since 20002.093.962.259
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52056B0123/00E000 | Wallonia | 3,248 m² | 1 · 166 m² | 6.6 m · 2 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.
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BILLY CARS
BE 0683.698.362
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CARS4YOU
BE 0821.297.020
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Garage de l'Espinette
BE 0407.965.469
Braine-le-Comte · Eq €122,858
Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 3,689 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
Founded05-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471607466
Also
9925:BE0471607466
Registered
19-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.