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BELSBERG

Active
Private limited company·Arbeidsbemiddeling· 4 yrs active
Desguinlei 100 ·2018 Antwerpen, Belgium
KBO/BCE: BE 0774.324.769
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Age4 yrs
Staff (FTE)5
Connections9
Real estate1 parcel · 5,401 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BELSBERG is 1.1% (low). The 2024 annual accounts show equity of €210k and a net result of €53k. Equity is growing by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 87 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 24-07-2025 7 d early 2025-00302271
31-12-2023 31-07-2024 24-07-2024 7 d early 2024-00277335
31-12-2022 31-07-2023 31-08-2023 31 d late 2023-00388966

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.1% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€53k-5.3%
Working capital€228k+0.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 24-07-2025 with the NBB · fiscal year 2024 · verkort
€0€50k€100k€150kOperating result 2022: €132k€132kNet result 2022: €97k€97kOperating result 2023: €85k€85kNet result 2023: €56k€56kOperating result 2024: €87k€87kNet result 2024: €53k€53k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~34.6%/year over 3 fiscal years, indicative, assuming unchanged policy.
€100k€200k€300k€400k2025: €264k (€248k - €281k)2026: €319k (€302k - €336k)2027: €373k (€356k - €390k)2022: €101k2023: €157k2024: €210k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 78 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 9.3% 21.9%
better than 30% of 87 sector peers
Net result €53k €17k
better than 59% of 88 sector peers
Equity €210k €123k
better than 65% of 87 sector peers
Gross operating margin €578k €318k
better than 56% of 87 sector peers
Staff costs €475k €1.09M
higher than 31% of 56 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P30
2022: P34 · n=512023: P31 · n=762024: P30 · n=872022 2024
Stable position over 2022-2024 · n=51-87
Net result P59
2022: P65 · n=522023: P63 · n=772024: P59 · n=882022 2024
Stable position over 2022-2024 · n=52-88
Equity P65
2022: P54 · n=512023: P61 · n=762024: P65 · n=872022 2024
Stable position over 2022-2024 · n=51-87
Gross operating margin P56
2022: P42 · n=522023: P59 · n=762024: P56 · n=872022 2024
Improving position over 2022-2024 · n=52-87
Describes the position versus peers, not a forecast.
EBITDA
€102k
+11.0% 22-24
Net profit
€53k
-5.3% 22-24
Cash flow
€68k
+8.6% 22-24
Total assets
€2.26M
+11.6% 22-24
Equity
€210k
+33.6% 22-24
Working capital
€228k
+0.5% 22-24
Employees (FTE)
5
-27.5% 22-24
Staff costs
€475k
-18.7% 22-24
Income taxes
€25k
+3.8% 22-24
Debt
€2.05M
+9.7% 22-24
Debt ≤ 1y
€1.98M
+13.2% 22-24
Current ratio
1.11
-1.3% 22-24
Quick ratio
1.11
-1.3% 22-24
Solvency
9.3%
+19.8% 22-24
Debt / equity
9.77
-17.9% 22-24
ROE
25.2%
-29.1% 22-24
ROA
2.3%
-15.1% 22-24
Interest coverage
9.20
-37.1% 22-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€102k
Net profit€53k
Cash flow€68k
Staff costs€475k
Income taxes€25k
Dividends-
Total assets€2.26M
Equity€210k
Debt€2.05M
of which ≤ 1y€1.98M
of which > 1y-
Working capital€228k
Employees (FTE)5.0
Ratios (computed)
2024
Current ratio1.11
Quick ratio1.11
Working capital ratio10.1%
Solvency9.3%
Debt / equity9.77
Long-term debt ratio-
Interest coverage9.20
Gross margin-
Net margin-
ROA2.3%
ROE25.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.26M
Fixed assets 21/28€51k
Intangible fixed assets 21€8k
Tangible fixed assets 22/27€37k
Financial fixed assets 28€7k
Current assets 29/58€2.21M
Amounts receivable within one year 40/41€1.45M
Cash & bank 54/58€614k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.26M
Equity 10/15€210k
Contributions / capital 10/11€5k
Reserves 13€206k
Amounts payable 17/49€2.05M
Amounts payable within one year 42/48€1.98M
Trade debts payable within one year 44€1.88M
Income statement
Gross operating margin 9900€578k
Operating result 9901€87k
Financial income 75€2k
Financial charges 65€11k
Result before taxes 9903€78k
Income taxes 67/77€25k
Net result for the period 9904€53k
Result to be appropriated 9905€53k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
68 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Former directors (2)
  • BV Zurenborg ManagementLegal entity
    Director
    State Gazette act 23157932 (11-12-2023)
    Former
    23-10-2023 → 30-07-2025
    2 events
    • 30-07-2025 Resigned· Director
    • 23-10-2023 Appointed· Director
  • BV TSA ManagementLegal entity
    Director
    State Gazette act 23157932 (11-12-2023)
    Former
    - → 23-10-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Arbeidsbemiddeling(78100)
Legal form Private limited company(610)
Incorporation20-09-2021
StatusActive
Postal code2018

Structure & network

Connections & network

9 connected companies
Area7, Shared address AArea7ARMITAGE, Shared address AARMITAGEARVA INVEST, Shared address AIARVA INVESTBuild4Business, Shared address BBuild4BusinessCIMBALLI, Shared address CCIMBALLIDIERCKX REALSIGHT VENTURES, Shared address DRDIERCKXREALSIGH…TURESK&M GROUP, Shared address KGK&M GROUPKantoor Dewulf, Shared address KDKantoor DewulfVINABBIGO, Shared address VVINABBIGOBELSBERG BELSBERG0774.324.769
Shared address / shareholder
Network connections
Area7
Shared address
→
ARMITAGE
Shared address
→
ARVA INVEST
Shared address
→
Build4Business
Shared address
→
CIMBALLI
Shared address
→
→
K&M GROUP
Shared address
→
Kantoor Dewulf
Shared address
→
VINABBIGO
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Desguinlei 1002018 Antwerpen

Establishment units

1 location
BELSBERG
Desguinlei 100, 2018 AntwerpenAdviesbureaus op het gebied van public relations en communicatie
since 20212.322.639.561
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,401 m²
Buildings1
Building footprint2,130 m²
Volume (LiDAR)49,990 m³
Tallest building27.6 m · ±8 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11810K2172/00D004
ProtectedCultural-historical landscapeHertogheparkSource ↗
 Flanders 5,401 m² 1 · 2,130 m² 27.6 m · 8 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

6 acts
Address history · 3
04-05-2026
Seat change: new: Desguinlei 100 bus 34, 2018 Antwerpen, old: Kapellestraat 138, 8020 Oostkamp, effective_date: 2026-03-01
04-09-2023
v3.2
17-06-2022
v3.2
All acts · 6 updated 3 months ago
2026
04-05-2026 Seat change · Board meeting · Power of attorney · Act object Open-capture extraction
  • Filing: 2026-04-17 · Belsberg
  • Publication: 2026-05-04 · Belsberg
  • Seat change: new: Desguinlei 100 bus 34, 2018 Antwerpen, old: Kapellestraat 138, 8020 Oostkamp, effective_date: 2026-03-01 · Belsberg
  • Board meeting: 2026-03-30 · Belsberg
  • Power of attorney: type: bijzondere volmacht, granted_by: Belsberg · Dieter Schaek
  • Act object: Zetel (zetelverplaatsing)
Summary: Seat change · Board meeting · Power of attorney · Act object
2025
01-10-2025 BV Zurenborg Management resigns as director Director changes
  • BV Zurenborg Management, Bestuurder
Summary: v3.2
2023
11-12-2023 1 director appointed, 1 resigning Director changes
  • BV Zurenborg Management, Bestuurder
  • BV TSA Management, Bestuurder
Summary: v3.2
04-09-2023 Registered office moved from Brugge to Oostkamp Registered-office change
  • Baron Ruzettelaan 7, 8310 Brugge → Kapellestraat 138, 8020 Oostkamp
Summary: v3.2
2022
17-06-2022 Registered office moved from Brugge to Assebroek Registered-office change
  • Krakeleweg 39, 8000 Brugge → Baron Ruzettelaan 7, 8310 Assebroek
Summary: v3.2
2021
22-09-2021 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health68Profitability100Solvency20Growth52Stability94
67 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 68
Profitability 100
Solvency 20
Growth 52
Stability 94

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 417 of the 2,357 companies in this sector. 304 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Arbeidsbemiddeling78100Arbeidsbemiddeling78100Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL BELSBERG
Registered office
Desguinlei 100 bus 34
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.