BELOUGA
Dissolution or liquidationSignals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€25,350
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceStrikeout withdrawal
History
Financials · fiscal year 2024, full schema
Turnover
€266▼ 98.5%
2023 · €17,840
EBIT margin
-3986.5%▼ 4015.5pp
2023 · 29.1%
Net result
-€13,945▼ 446%
2023 · -€2,554
Working capital
-€182,297▼ 166%
2023 · -€68,562
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€6,720▼ 38.9%€26,760▲ 298%€26,760=€17,840▼ 33.3%€266▼ 98.5%
Operating result-€10,359▲ 0.6%€16,208€16,263▲ 0.3%€5,186▼ 68.1%-€10,604
Net result-€23,234▼ 32.6%€13,081€3,226▼ 75.3%-€2,554-€13,945▼ 446%
EBIT margin-154.2%▼ 59.5pp60.6%▲ 214.7pp60.8%▲ 0.2pp29.1%▼ 31.7pp-3986.5%▼ 4015.5pp
Equity-€25,157▼ 1,208%-€12,076▲ 52.0%-€8,851▲ 26.7%-€11,404▼ 28.9%-€25,350▼ 122%
Total assets€348,586▼ 0.5%€357,660▲ 2.6%€334,372▼ 6.5%€316,487▼ 5.3%€306,316▼ 3.2%
Debt€373,743▲ 6.0%€369,736▼ 1.1%€343,223▼ 7.2%€327,892▼ 4.5%€331,666▲ 1.2%
Working capital-€163,655▼ 23.4%-€154,449▲ 5.6%-€59,648▲ 61.4%-€68,562▼ 14.9%-€182,297▼ 166%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10,604 after €5,186 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €306,316
Fixed assets
€298,836 ▼ 3.3%
Current assets
€7,480 ▼ 0.2%
Equity and liabilities
Equity-€25,350
Debt€331,666
Equity is negative: debt (€331,666) exceeds the balance-sheet total (€306,316).
Key figures and ratios
EBITDA
-€448▼
2023 · €15,342
Cash flow
-€3,790▼
2023 · €7,602
Solvency
-8.3%▼
2023 · -3.6%
Current ratio
0.04▼
2023 · 0.10
ROA
-4.6%▼
2023 · -0.8%
Interest coverage
-0.13▼
2023 · 1.98
Debt ≤ 1 year
€189,776▲
2023 · €76,057
Debt > 1 year
€141,890▼
2023 · €157,718
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €6,720 | €26,760 | €26,760 | €17,840 | €266 | ▼ 98.5% |
| Goods, raw materials, services and sundry goods60/61 | €6,923 | €396 | €341 | €2,498 | €714 | ▼ 71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,156 | €10,156 | €10,156 | €10,156 | €10,156 | = |
| Gross operating margin9900 | -€203 | €26,364 | €26,419 | €15,342 | -€448 | ▼ 103% |
| Operating profit (loss)9901 | -€10,359 | €16,208 | €16,263 | €5,186 | -€10,604 | ▼ 304% |
| Financial charges65/66B | €12,874 | €3,127 | €13,037 | €7,740 | €3,341 | ▼ 56.8% |
| Recurring financial charges65 | €12,874 | €3,127 | €13,037 | €7,740 | €3,341 | ▼ 56.8% |
| Profit (loss) for the period before taxes9903 | -€23,234 | €13,081 | €3,226 | -€2,554 | -€13,945 | ▼ 446% |
| Profit (loss) for the period9904 | -€23,234 | €13,081 | €3,226 | -€2,554 | -€13,945 | ▼ 446% |
| Profit (loss) for the period to be appropriated9905 | -€23,234 | €13,081 | €3,226 | -€2,554 | -€13,945 | ▼ 446% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348,586 | €357,660 | €334,372 | €316,487 | €306,316 | ▼ 3.2% |
| Fixed assets21/28 | €339,460 | €329,304 | €319,148 | €308,992 | €298,836 | ▼ 3.3% |
| Tangible fixed assets22/27 | €339,460 | €329,304 | €319,148 | €308,992 | €298,836 | ▼ 3.3% |
| Land and buildings22 | €339,460 | €329,304 | €319,148 | €308,992 | €298,836 | ▼ 3.3% |
| Current assets29/58 | €9,126 | €28,356 | €15,224 | €7,495 | €7,480 | ▼ 0.2% |
| Amounts receivable after more than one year29 | - | €5,340 | €5,340 | €5,874 | €5,874 | = |
| Other amounts receivable291 | - | €5,340 | €5,340 | €5,874 | €5,874 | = |
| Amounts receivable within one year40/41 | €5,340 | - | - | - | - | - |
| Other amounts receivable41 | €5,340 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,787 | €23,016 | €9,884 | €1,621 | €1,606 | ▼ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348,586 | €357,660 | €334,372 | €316,487 | €306,316 | ▼ 3.2% |
| Equity10/15 | -€25,157 | -€12,076 | -€8,851 | -€11,404 | -€25,350 | ▼ 122% |
| Contributions10/11 | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Capital10 | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Issued capital100 | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Profit (loss) carried forward14 | -€80,157 | -€67,076 | -€63,851 | -€66,404 | -€80,350 | ▼ 21.0% |
| Amounts payable17/49 | €373,743 | €369,736 | €343,223 | €327,892 | €331,666 | ▲ 1.2% |
| Amounts payable after more than one year17 | €200,962 | €186,931 | €172,325 | €157,718 | €141,890 | ▼ 10.0% |
| Financial debts170/4 | €200,962 | €186,931 | €172,325 | €157,718 | €141,890 | ▼ 10.0% |
| Amounts payable within one year42/48 | €172,781 | €182,805 | €74,872 | €76,057 | €189,776 | ▲ 150% |
| Current portion of amounts payable after more than one year42 | €53,991 | €63,619 | €51,711 | €53,008 | €49,911 | ▼ 5.8% |
| Trade debts44 | €22,764 | €23,160 | €23,160 | €23,049 | €23,049 | = |
| Suppliers440/4 | €22,764 | €23,160 | €23,160 | €23,049 | €23,049 | = |
| Other amounts payable47/48 | €96,026 | €96,026 | - | - | €116,816 | - |
| Accrued charges and deferred income492/3 | - | - | €96,026 | €94,116 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,234 | €13,081 | €3,226 | -€2,554 | -€13,945 | ▼ 446% |
| + Depreciation and write-downs630 | €10,156 | €10,156 | €10,156 | €10,156 | €10,156 | = |
| Operating cash flow (approximation) | -€13,078 | €23,237 | €13,382 | €7,602 | -€3,790 | ▼ 150% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €19,230 | -€13,132 | -€8,263 | -€15 | ▲ 99.8% |
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 91 days late
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 418 days late
2024
27-09
KBO administration
UBO non-compliance
event 16-09-2024
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 116 days late
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 480 days late
2022
10-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 253 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 601 days late
2021
31-12
Financial
Back to profitnet €13,081
Net result €13,081 after 2 loss-making years.
2020
31-12
Financial
Weakest financial yearnet -€23,234
Net result drops to -€23,234, the lowest in the series.
10-04
KBO administration
Strikeout withdrawal
event 28-10-2019
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 89 days late
28-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 454 days late
01-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 792 days late
01-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1157 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ukkel
Ground area
7,543 m²
Building footprint
215 m²
Volume, LiDAR
2,928 m³
Parcel 21616G0263/00N002, Brussels · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0263/00N002 | Brussels | 7,543 m² | 1 · 215 m² | 19.2 m · 5 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.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded14-01-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.