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BELORTA

Active
Cooperative companyfounded 201214 yrs activeMechelsesteenweg(CEN) 120, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0848.973.395
Summary

BELORTA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46.3m and a net result of €1.3m. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 25% of 484 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability55▲+1
Solvency48▲+1
Growth52▼-2
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.73 in 2024; short-term debt: 54.4% and cash: 0.5% of total assets), and 77.4% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.6%
Return on assets
0.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 484 sector peers (2025).
NBB · sector comparison
Position among 484 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
51 d early
2024
43 d early
2023
44 d early
2022
52 d early
2021
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 September 2012, BELORTA was incorporated.1 Revenue went from EUR 491 million in 2018 to EUR 701 million in 2025 and headcount from 354 to 421 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€700.7m▼ 3.2%
2024 · €724.1m
EBIT margin
-0.3%▲ 0.3pp
2024 · -0.6%
Net result
€1.3m
2024 · -€888,362
Working capital
-€33.7m▼ 11.1%
2024 · -€30.3m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€543.5m▲ 3.5%€563.6m▲ 3.7%€645.3m▲ 14.5%€724.1m▲ 12.2%€700.7m▼ 3.2%
Operating result-€1.9m▲ 17.4%-€3.1m▼ 68.2%-€2.7m▲ 14.0%-€4.4m▼ 64.1%-€2.3m▲ 46.7%
Net result€1.3m▲ 241%€117,649▼ 91.1%€241,098▲ 105%-€888,362€1.3m
EBIT margin-0.3%▲ 0.1pp-0.6%▼ 0.2pp-0.4%▲ 0.1pp-0.6%▼ 0.2pp-0.3%▲ 0.3pp
Equity€46.2m▲ 1.9%€46.0m▼ 0.5%€46.1m▲ 0.2%€45.0m▼ 2.2%€46.3m▲ 2.7%
Total assets€183.5m▲ 10.7%€194.2m▲ 5.8%€225.3m▲ 16.0%€209.4m▼ 7.0%€204.9m▼ 2.1%
Debt€135.6m▲ 14.7%€146.9m▲ 8.4%€178.2m▲ 21.3%€163.7m▼ 8.2%€158.2m▼ 3.3%
Working capital-€20.2m▼ 15.6%-€22.7m▼ 12.5%-€28.4m▼ 25.2%-€30.3m▼ 6.8%-€33.7m▼ 11.1%
Staff (FTE)354.5▼ 1.8%348.6▼ 1.7%363.7▲ 4.3%423.7▲ 16.5%420.6▼ 0.7%
Result per fiscal year
Operating resultNet result
-€6.0m-€4.0m-€2.0m€0€2.0mOperating result 2021: -€1.9m-€1.9mNet result 2021: €1.3m€1.3mOperating result 2022: -€3.1m-€3.1mNet result 2022: €117,649€117,649Operating result 2023: -€2.7m-€2.7mNet result 2023: €241,098€241,098Operating result 2024: -€4.4m-€4.4mNet result 2024: -€888,362-€888,362Operating result 2025: -€2.3m-€2.3mNet result 2025: €1.3m€1.3m20212022202320242025-€6m-€4m-€2m€0€2mOperating result 2023: -€2.7m-€2.7mNet result 2023: €241,098€241,000Operating result 2024: -€4.4m-€4.4mNet result 2024: -€888,362-€888,000Operating result 2025: -€2.3m-€2.3mNet result 2025: €1.3m€1.3m202320242025
The operating result stays negative: a loss of €2.3m in 2025 against €4.4m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204.9m
Fixed assets €127.2m ▼ 0.8%
Current assets €77.7m ▼ 4.3%
Equity and liabilities €204.9m
Equity €46.3m ▲ 2.7%
Provisions €459,035 ▼ 34.4%
Debt €158.2m ▼ 3.3%
Debt's share of the balance-sheet total falls from 78.2% to 77.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11.0m▲
2024 · €9.6m
Cash flow
€14.7m▲
2024 · €13.1m
Current ratio
0.70▼
2024 · 0.73
Quick ratio
0.60▼
2024 · 0.61
Debt to equity
3.42▼
2024 · 3.63
ROE
2.8%▲
2024 · -2.0%
ROA
0.6%▲
2024 · -0.4%
Interest coverage
7.74▲
2024 · 6.44
Debt ≤ 1 year
€111.4m▼
2024 · €111.5m
Debt > 1 year
€44.7m▼
2024 · €50.3m
Income taxes
€39,887▲
2024 · €39,680
Staff costs
€34.3m▲
2024 · €33.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 293 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 98% are still going.

  • Large
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
  • without age
1.4% went bankrupt
1.0% stopped otherwise
98% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 293 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 102 lines
Balance sheet Code20242025
Assets
Total assets20/58€209.4m€204.9m▼
Fixed assets21/28€128.2m€127.2m▼
Intangible fixed assets21-€368,693
Tangible fixed assets22/27€107.8m€106.9m▼
Land and buildings22€70.1m€64.0m▼
Plant, machinery and equipment23€17.7m€20.0m▲
Furniture and vehicles24€2.7m€2.3m▼
Other tangible fixed assets26€17.3m€18.2m▲
Assets under construction and advance payments27-€2.4m
Financial fixed assets28€20.4m€19.9m▼
Affiliated companies280/1€19.0m€18.4m▼
Participating interests280€14.0m€14.4m▲
Amounts receivable281€5.0m€4.0m▼
Companies linked by participating interests282/3€1.3m€1.3m▲
Participating interests282€1.3m€1.3m▲
Other financial fixed assets284/8€150,765€180,772▲
Shares284€149,579€149,579=
Amounts receivable and cash guarantees285/8€1,186€31,193▲
Current assets29/58€81.2m€77.7m▼
Amounts receivable after more than one year29€406,405€332,759▼
Trade receivables290€106,405€82,759▼
Other amounts receivable291€300,000€250,000▼
Stocks and contracts in progress3€12.7m€11.2m▼
Stocks30/36€12.7m€11.2m▼
Goods purchased for resale34€12.7m€11.2m▼
Amounts receivable within one year40/41€62.8m€62.9m▲
Trade receivables40€51.4m€54.1m▲
Other amounts receivable41€11.4m€8.8m▼
Cash at bank and in hand54/58€3.8m€1.1m▼
Deferred charges and accrued income490/1€1.5m€2.2m▲
Equity and liabilities
Total equity and liabilities10/49€209.4m€204.9m▼
Equity10/15€45.0m€46.3m▲
Contributions10/11€2.3m€2.3m▼
Reserves13€36.2m€37.5m▲
Non-distributable reserves130/1€6.8m€6.8m=
Reserves not available under the articles1311€6.8m€6.8m=
Tax-exempt reserves132€1.9m€1.2m▼
Distributable reserves133€27.5m€29.5m▲
Profit (loss) carried forward14€6.5m€6.5m=
Provisions and deferred taxes16€699,508€459,035▼
Provisions for liabilities and charges160/5€547,324€385,346▼
Other liabilities and charges164/5€547,324€385,346▼
Deferred taxes168€152,184€73,688▼
Amounts payable17/49€163.7m€158.2m▼
Amounts payable after more than one year17€50.3m€44.7m▼
Financial debts170/4€47.7m€42.9m▼
Credit institutions173€47.7m€42.9m▼
Trade debts175€112,789€89,144▼
Suppliers1750€112,789€89,144▼
Other amounts payable178/9€2.5m€1.7m▼
Amounts payable within one year42/48€111.5m€111.4m▼
Current portion of amounts payable after more than one year42€6.7m€6.3m▼
Financial debts43€22.7m€17.1m▼
Credit institutions430/8€19.0m€17.1m▼
Other loans439€3.7m-
Trade debts44€55.8m€51.4m▼
Suppliers440/4€55.8m€51.4m▼
Taxes, remuneration and social security45€4.7m€6.5m▲
Taxes450/3€441,763€497,343▲
Remuneration and social security454/9€4.3m€6.0m▲
Other amounts payable47/48€21.7m€30.1m▲
Accrued charges and deferred income492/3€1.8m€2.1m▲
Income statement Code20242025
Operating income70/76A€872.7m€855.2m▼
Turnover70€724.1m€700.7m▼
Other operating income74€146.2m€149.2m▲
Non-recurring operating income76A€2.4m€5.3m▲
Operating charges60/66A€877.1m€857.6m▼
Goods for resale, raw materials and consumables60€727.8m€707.0m▼
Purchases600/8€729.0m€705.5m▼
Change in stocks: decrease (increase)609-€1.2m€1.5m▲
Services and other goods61€79.1m€76.1m▼
Remuneration, social security and pensions62€33.7m€34.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14.0m€13.4m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€595,778
Provisions for liabilities and charges: additions (uses and reversals)635/8-€170,714-€153,833▲
Other operating charges640/8€22.6m€26.9m▲
Non-recurring operating charges66A€13,868€626,562▲
Operating profit (loss)9901-€4.4m-€2.3m▲
Financial income75/76B€5.0m€5.1m▲
Recurring financial income75€5.0m€5.1m▲
Income from financial fixed assets750€4.3m€4.6m▲
Income from current assets751€554,214€408,423▼
Other financial income752/9€83,719€45,880▼
Non-recurring financial income76B€7,581€85,847▲
Financial charges65/66B€1.6m€1.5m▼
Recurring financial charges65€1.6m€1.5m▼
Debt charges650€1.5m€1.4m▼
Other financial charges652/9€93,815€111,411▲
Profit (loss) for the period before taxes9903-€1.0m€1.3m▲
Transfer from deferred taxes780€164,820€78,495▼
Income taxes67/77€39,680€39,887▲
Taxes670/3€39,680€39,887▲
Profit (loss) for the period9904-€888,362€1.3m▲
Transfer from tax-exempt reserves789€987,154€728,180▼
Profit (loss) for the period to be appropriated9905€98,792€2.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.5m€8.5m▲
Profit (loss) brought forward from the previous period14P€6.4m€6.5m▲
Transfer to equity691/2-€2.0m
To other reserves6921-€2.0m
Profit to be distributed694/7€72,121€23,251▼
Return on contributions (dividend)694€72,121€23,251▼
Social balance
Average headcount (FTE)9087423.7420.6▼

The notes to these accounts (116 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€657.7m€681.9m€779.4m€872.7m€855.2m▼ 2.0%
Turnover70€543.5m€563.6m€645.3m€724.1m€700.7m▼ 3.2%
Other operating income74€108.2m€116.7m€133.4m€146.2m€149.2m▲ 2.0%
Non-recurring operating income76A€6.0m€1.6m€728,473€2.4m€5.3m▲ 116%
Operating charges60/66A€659.6m€685.0m€782.1m€877.1m€857.6m▼ 2.2%
Goods for resale, raw materials and consumables60€549.3m€566.2m€651.0m€727.8m€707.0m▼ 2.9%
Purchases600/8€549.6m€568.6m€653.0m€729.0m€705.5m▼ 3.2%
Change in stocks: decrease (increase)609-€313,406-€2.4m-€2.0m-€1.2m€1.5m▲ 224%
Services and other goods61€54.5m€60.5m€65.9m€79.1m€76.1m▼ 3.8%
Remuneration, social security and pensions62€24.2m€25.0m€28.6m€33.7m€34.3m▲ 1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13.0m€14.0m€14.3m€14.0m€13.4m▼ 4.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€4,091--€595,778-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€120,921-€140,966-€139,494-€170,714-€153,833▲ 9.9%
Other operating charges640/8€18.7m€19.5m€22.4m€22.6m€26.9m▲ 19.1%
Non-recurring operating charges66A-€2,740€31,241€13,868€626,562▲ 4,418%
Operating profit (loss)9901-€1.9m-€3.1m-€2.7m-€4.4m-€2.3m▲ 46.7%
Financial income75/76B€4.0m€4.1m€4.0m€5.0m€5.1m▲ 3.5%
Recurring financial income75€4.0m€4.1m€3.9m€5.0m€5.1m▲ 1.9%
Income from financial fixed assets750€3.6m€3.7m€3.5m€4.3m€4.6m▲ 6.4%
Income from current assets751€84,875€102,645€254,836€554,214€408,423▼ 26.3%
Other financial income752/9€301,581€281,588€125,676€83,719€45,880▼ 45.2%
Non-recurring financial income76B--€56,128€7,581€85,847▲ 1,032%
Financial charges65/66B€1.2m€1.2m€1.3m€1.6m€1.5m▼ 3.5%
Recurring financial charges65€1.2m€1.2m€1.3m€1.6m€1.5m▼ 3.5%
Debt charges650€1.1m€1.1m€1.3m€1.5m€1.4m▼ 4.9%
Other financial charges652/9€97,413€79,679€59,750€93,815€111,411▲ 18.8%
Profit (loss) for the period before taxes9903€991,577-€207,028-€29,745-€1.0m€1.3m▲ 225%
Transfer from deferred taxes780€348,752€340,785€287,239€164,820€78,495▼ 52.4%
Income taxes67/77€17,087€16,108€16,396€39,680€39,887▲ 0.5%
Taxes670/3€17,087€16,108€16,396€39,680€39,887▲ 0.5%
Profit (loss) for the period9904€1.3m€117,649€241,098-€888,362€1.3m▲ 247%
Transfer from tax-exempt reserves789€825,871€1.3m€1.3m€987,154€728,180▼ 26.2%
Transfer to tax-exempt reserves689€2.0m-----
Profit (loss) for the period to be appropriated9905€178,337€1.4m€1.6m€98,792€2.0m▲ 1,962%
Line20212022202320242025Change
Assets
Total assets20/58€183.5m€194.2m€225.3m€209.4m€204.9m▼ 2.1%
Fixed assets21/28€125.0m€130.2m€135.5m€128.2m€127.2m▼ 0.8%
Intangible fixed assets21----€368,693-
Tangible fixed assets22/27€115.2m€120.4m€114.1m€107.8m€106.9m▼ 0.8%
Land and buildings22€77.7m€84.3m€75.9m€70.1m€64.0m▼ 8.8%
Plant, machinery and equipment23€18.7m€18.6m€19.3m€17.7m€20.0m▲ 12.8%
Furniture and vehicles24€3.3m€2.3m€2.2m€2.7m€2.3m▼ 12.3%
Other tangible fixed assets26€15.6m€15.2m€16.7m€17.3m€18.2m▲ 5.1%
Assets under construction and advance payments27€9,595---€2.4m-
Financial fixed assets28€9.8m€9.8m€21.4m€20.4m€19.9m▼ 2.4%
Affiliated companies280/1€8.5m€8.5m€20.0m€19.0m€18.4m▼ 2.9%
Participating interests280€8.5m€8.5m€13.0m€14.0m€14.4m▲ 3.2%
Amounts receivable281--€7.0m€5.0m€4.0m▼ 20.0%
Companies linked by participating interests282/3€1.3m€1.3m€1.3m€1.3m€1.3m▲ 2.0%
Participating interests282€1.3m€1.3m€1.3m€1.3m€1.3m▲ 2.0%
Other financial fixed assets284/8€682€682€104,387€150,765€180,772▲ 19.9%
Shares284€496€496€103,201€149,579€149,579=
Amounts receivable and cash guarantees285/8€186€186€1,186€1,186€31,193▲ 2,530%
Current assets29/58€58.5m€64.0m€89.8m€81.2m€77.7m▼ 4.3%
Amounts receivable after more than one year29-€568,228€632,247€406,405€332,759▼ 18.1%
Trade receivables290-€118,228€232,247€106,405€82,759▼ 22.2%
Other amounts receivable291-€450,000€400,000€300,000€250,000▼ 16.7%
Stocks and contracts in progress3€6.1m€8.5m€11.5m€12.7m€11.2m▼ 11.8%
Stocks30/36€6.1m€8.5m€11.5m€12.7m€11.2m▼ 11.8%
Goods purchased for resale34€6.1m€8.5m€11.5m€12.7m€11.2m▼ 11.8%
Amounts receivable within one year40/41€43.2m€42.8m€72.7m€62.8m€62.9m▲ 0.1%
Trade receivables40€38.0m€34.5m€62.4m€51.4m€54.1m▲ 5.1%
Other amounts receivable41€5.2m€8.3m€10.3m€11.4m€8.8m▼ 22.4%
Current investments50/53€343€342----
Other investments51/53€343€342----
Cash at bank and in hand54/58€3.3m€6.8m€2.7m€3.8m€1.1m▼ 71.8%
Deferred charges and accrued income490/1€5.9m€5.2m€2.3m€1.5m€2.2m▲ 51.1%
Equity and liabilities
Total equity and liabilities10/49€183.5m€194.2m€225.3m€209.4m€204.9m▼ 2.1%
Equity10/15€46.2m€46.0m€46.1m€45.0m€46.3m▲ 2.7%
Contributions10/11€2.5m€2.4m€2.4m€2.3m€2.3m▼ 3.3%
Reserves13€39.9m€38.5m€37.2m€36.2m€37.5m▲ 3.5%
Non-distributable reserves130/1€6.8m€6.8m€6.8m€6.8m€6.8m=
Reserves not available under the articles1311€832,690€6.8m€6.8m€6.8m€6.8m=
Own shares acquired1312€982,202-----
Other1319€5.0m-----
Tax-exempt reserves132€5.6m€4.2m€2.9m€1.9m€1.2m▼ 37.7%
Distributable reserves133€27.5m€27.5m€27.5m€27.5m€29.5m▲ 7.3%
Profit (loss) carried forward14€3.6m€5.0m€6.4m€6.5m€6.5m=
Investment grants15€235,527€38,809----
Provisions and deferred taxes16€1.8m€1.3m€1.0m€699,508€459,035▼ 34.4%
Provisions for liabilities and charges160/5€819,304€678,338€717,712€547,324€385,346▼ 29.6%
Pensions and similar obligations160€15,564€7,032----
Other liabilities and charges164/5€803,739€671,306€717,712€547,324€385,346▼ 29.6%
Deferred taxes168€945,028€604,242€317,004€152,184€73,688▼ 51.6%
Amounts payable17/49€135.6m€146.9m€178.2m€163.7m€158.2m▼ 3.3%
Amounts payable after more than one year17€54.3m€57.9m€58.0m€50.3m€44.7m▼ 11.2%
Financial debts170/4€53.8m€57.2m€54.4m€47.7m€42.9m▼ 10.0%
Credit institutions173€53.8m€57.2m€54.4m€47.7m€42.9m▼ 10.0%
Trade debts175-€125,321€125,321€112,789€89,144▼ 21.0%
Suppliers1750-€125,321€125,321€112,789€89,144▼ 21.0%
Other amounts payable178/9€508,281€651,667€3.5m€2.5m€1.7m▼ 33.1%
Amounts payable within one year42/48€78.7m€86.7m€118.2m€111.5m€111.4m▼ 0.1%
Current portion of amounts payable after more than one year42€7.5m€7.9m€7.2m€6.7m€6.3m▼ 6.0%
Financial debts43-€7.0m€9.0m€22.7m€17.1m▼ 24.6%
Credit institutions430/8-€7.0m€9.0m€19.0m€17.1m▼ 10.1%
Other loans439---€3.7m--
Trade debts44€52.7m€50.7m€74.7m€55.8m€51.4m▼ 7.9%
Suppliers440/4€52.7m€50.7m€74.7m€55.8m€51.4m▼ 7.9%
Taxes, remuneration and social security45€2.8m€3.6m€5.2m€4.7m€6.5m▲ 38.6%
Taxes450/3€86,455€753,827€338,997€441,763€497,343▲ 12.6%
Remuneration and social security454/9€2.7m€2.9m€4.8m€4.3m€6.0m▲ 41.3%
Other amounts payable47/48€15.7m€17.5m€22.2m€21.7m€30.1m▲ 39.1%
Accrued charges and deferred income492/3€2.6m€2.3m€2.0m€1.8m€2.1m▲ 13.3%
Line20212022202320242025Change
Profit (loss) for the period9904€1.3m€117,649€241,098-€888,362€1.3m▲ 247%
+ Depreciation and write-downs630€13.0m€14.0m€14.3m€14.0m€13.4m▼ 4.8%
Operating cash flow (approximation)€14.3m€14.1m€14.5m€13.1m€14.7m▲ 11.6%
Investment in fixed assets (approximation)--€19.2m-€19.6m-€6.8m-€12.3m▼ 82.3%
Change in cash-€3.5m-€4.1m€1.1m-€2.7m▼ 345%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
10-06
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
2025
31-12
Financial Back to profitnet €1.3m
Net result €1.3m after one loss-making year.
19-06
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€888,362
Net result drops to -€888,362, the lowest in the series; recovery starts the following year.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
17-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
09-06
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
10-06
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 26 acts read
About the unread acts

We know of 26 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
26 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, Sint-Katelijne-Waver · 11 establishment units since 1942
seat establishment approximate 10 of 11 establishment units on the map
Ground area
62.2 ha
Building footprint
16.2 ha
Volume, LiDAR
1,301,250 m³
10 parcels, Flanders · tallest building 42.9 m, ±4 floors. Linked by address, not a title deed.
11 establishment units
BelOrta BORGLOON
Kernielerweg 59, 3840 Tongeren-BorgloonNACE 7484101
since 19422.004.244.286
BelOrta Asse
Z. 4 Broekooi 100, 1730 AsseNACE 51310
since 19812.019.953.041
BelOrta SKW
Mechelsesteenweg(CEN) 120, 2860 Sint-Katelijne-WaverNACE 51310
since 19922.102.860.624
BelOrta Borgloon - Tivoli
Sittardstraat 26, 3840 Tongeren-BorgloonManufacture of food products
since 20122.220.539.539
Belorta site Borgloon bijhuis Fernelmont
Rue du Trou du Sart, ZI, Nov. 2, 5380 FernelmontManufacture of food products
since 20142.231.054.537
Belorta Meiveldkoeling
Meiveldlaan 4670, 3800 Sint-TruidenManufacture of food products
since 20222.330.374.718
Show 5 more locations
BelOrta Vrasene
Provinciale Baan(VRA) 46, 9120 Beveren-Kruibeke-ZwijndrechtManufacture of food products
since 20232.350.696.218
BelOrta Glabbeek
Craenenbroekstraat 30, 3380 GlabbeekManufacture of food products
since 20232.350.696.317
BelOrta Zoutleeuw
Lewastraat 4, 3440 ZoutleeuwManufacture of food products
since 20232.350.696.416
BelOrta Tongersesteenweg
Tongersesteenweg 3030, 3800 Sint-TruidenManufacture of food products
since 20232.350.696.515
BelOrta Montenakeweg
Montenakenweg 800, 3800 Sint-TruidenManufacture of food products
since 20232.350.696.614
10 parcels
Flanders 10 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12422D0389/00F002 Flanders 26.7 ha 1 · 4,679 m² 17.6 m · 2 fl.
71352D0914/00X004 Flanders 8.5 ha 1 · 3.1 ha 9.6 m · 3 fl.
73009B0534/00B000 Flanders 6.8 ha 1 · 4.0 ha 15.1 m · 3 fl.
71353E0402/00G005 Flanders 5.1 ha 1 · 2.3 ha 14.3 m · 3 fl.
24030B0140/00W002 Flanders 4.7 ha 1 · 2.1 ha 17.6 m · 3 fl.
46028B0443/00B000 Flanders 4.5 ha 1 · 1.2 ha 11.2 m · 3 fl.
23041A0039/00T000 Flanders 2.4 ha 1 · 1.2 ha 42.9 m · 2 fl.
24130C0265/00E000 Flanders 1.9 ha 1 · 7,391 m² 14.1 m · 4 fl.
71352D0305/00G003 Flanders 1.4 ha 1 · 1.2 ha -
73009B0458/00R000 Flanders 1,137 m² 1 · 15 m² 1.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
10 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

3 owners · 11 holdings · 8 subsidiaries in the tree

Owners 3

Holdings 11

Show 1 more holdings
All subsidiaries, including indirect ones 8

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of BELORTA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 14 entries · 192,321 EUR awarded · 164,666 EUR paid
Year Entries awardedpaid
2025 5 22,660 EUR57,660 EUR
2024 4 17,419 EUR21,419 EUR
2023 3 13,299 EUR79,299 EUR
2022 2 138,943 EUR6,288 EUR
Schemes
5 entries · 132,655 EUR · 105,000 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 31,508 EUR · 31,508 EUR paid · Departement Werk en Sociale Economie
4 entries · 25,158 EUR · 25,158 EUR paid · Departement Werk en Sociale Economie
2 entries · 2,000 EUR · 2,000 EUR paid · Departement Werk en Sociale Economie
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

9 sites
Sint-Katelijne-Waver2.102.860.624
4 permissions
Fabrikant voedermiddelen · since 01-02-2016
Toelating · Eetgelegenheid · since 01-01-2006
Toelating · Groothandel groenten en fruit · since 01-01-2006
and 1 more
Tongeren-Borgloon2.004.244.286
3 permissions
Erkenning · Groothandelaar groenten en fruit verminderde controlefrequentie · since 13-10-2022
Fabrikant voedermiddelen · since 01-02-2016
Toelating · Groothandel groenten en fruit · since 15-10-2014
Asse2.019.953.041
2 permissions
Erkenning · Groothandelaar groenten en fruit verminderde controlefrequentie · since 01-01-2009
Toelating · Groothandel groenten en fruit · since 01-01-2006
Sint-Truiden2.350.696.614
2 permissions
Toelating · Eetgelegenheid · since 01-10-2023
Toelating · Groothandel groenten en fruit · since 01-10-2023
Show 5 more sites
Beveren-Kruibeke-Zwijndrecht2.350.696.218
1 permission
Toelating · Groothandel groenten en fruit · since 01-10-2023
Glabbeek-Zuurbemde2.350.696.317
1 permission
Toelating · Groothandel groenten en fruit · since 01-10-2023
Sint-Truiden2.330.374.718
1 permission
Toelating · Groothandel groenten en fruit · since 15-06-2022
Tongeren-Borgloon2.220.539.539
1 permission
Toelating · Gekoelde opslag levensmiddelen · since 01-01-2014
Zoutleeuw2.350.696.416
1 permission
Toelating · Gekoelde opslag levensmiddelen · since 07-02-2024

Dual-learning approval

3 live approvals · 6 ended
Logistiek duaal (so)
Goedgekeurd · 2025 to 2030
Magazijnmedewerker (vwo)
Goedgekeurd · 2021 to 2026
Magazijnmedewerker duaal (so)
Goedgekeurd · 2021 to 2026
Show 6 ended approvals
Bestuurder heftruck (so)
ended · 2020 to 2025
Bestuurder heftruck (so)
discontinued · 2025 to 2025
Bestuurder interne transportmiddelen duaal (so)
ended · 2020 to 2025
Magazijnmedewerker (so)
discontinued · 2021 to 2025
Logistiek duaal (so)
ended · 2019 to 2024
Magazijnmedewerker (so)
ended · 2016 to 2021

Legal Entity Identifier

984500011AB47JED0572
live in the LEI register

Similar companies · same sector, comparable size

Of 153 companies in sector 01630 we hold annual accounts for 61. 2 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded24-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
01630Crop and animal production, hunting and related service activities
46319Wholesale of fruit and vegetables, excluding potatoes
10391Manufacture of food products
10392Manufacture of food products
46381Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0848973395
Registered 17-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.