BELSINTEC
ActiveSummary
BELSINTEC has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €4k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 74% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+3
Solvency97▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.69 in 2024; short-term debt: 27.8% and cash: 0.1% of total assets), and 27.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 20-11-2025, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
7 d early
2023
10 d early
2022
12 d early
2021
on the day
2020
on the day
2018
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close25-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▲ 5.0%
2024 · €84k
2020: €73klowest in 6 years
2021: €84k▲ +16.2% vs 2020
2022: €91k▲ +7.4% vs 2021highest in 6 years
2023: €84k▼ -7.7% vs 2022
2024: €84k▲ +1.0% vs 2023
2025: €89k▲ +5.0% vs 2024
2020 → 2025
Total assets
€123k▲ 6.9%
2024 · €115k
2020: €196khighest in 6 years
2021: €187k▼ -5.0% vs 2020
2022: €177k▼ -5.1% vs 2021
2023: €141k▼ -20.4% vs 2022
2024: €115k▼ -18.6% vs 2023lowest in 6 years
2025: €123k▲ +6.9% vs 2024
2020 → 2025
Net result
€4k▲ 407%
2024 · €824
2020: €-6k
2021: €12k▲ +296% vs 2020highest in 6 years
2022: €6k▼ -47.3% vs 2021
2023: €-7k▼ -213% vs 2022lowest in 6 years
2024: €824▲ +112% vs 2023
2025: €4k▲ +407% vs 2024
2020 → 2025
Working capital
€33k▲ 59.1%
2024 · €21k
2020: €13k
2021: €27k▲ +106% vs 2020
2022: €10k▼ -64.6% vs 2021lowest in 6 years
2023: €11k▲ +18.4% vs 2022
2024: €21k▲ +82.1% vs 2023
2025: €33k▲ +59.1% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€91k▲ 7.4%€84k▼ 7.7%€84k▲ 1.0%€89k▲ 5.0%
2021: €84k
2022: €91k▲ +7.4% vs 2021highest in 5 years
2023: €84k▼ -7.7% vs 2022lowest in 5 years
2024: €84k▲ +1.0% vs 2023
2025: €89k▲ +5.0% vs 2024
Operating result€13k-€7k▼ 45.7%€-7k€1k€6k▲ 386%
2021: €13khighest in 5 years
2022: €7k▼ -45.7% vs 2021
2023: €-7k▼ -193% vs 2022lowest in 5 years
2024: €1k▲ +119% vs 2023
2025: €6k▲ +386% vs 2024
Net result€12k-€6k▼ 47.3%€-7k€824€4k▲ 407%
2021: €12khighest in 5 years
2022: €6k▼ -47.3% vs 2021
2023: €-7k▼ -213% vs 2022lowest in 5 years
2024: €824▲ +112% vs 2023
2025: €4k▲ +407% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 386% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€56k ▼ 12.8%
Current assets
€67k ▲ 31.5%
Equity and liabilities €123k
Equity
€89k ▲ 5.0%
Debt
€34k ▲ 12.5%
Debt's share of the balance-sheet total rises from 26.4% to 27.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €10k
Cash flow
€12k▲
2024 · €9k
Current ratio
1.97▲
2024 · 1.69
Debt to equity
0.38▲
2024 · 0.36
ROE
4.7%▲
2024 · 1.0%
ROA
3.4%▲
2024 · 0.7%
Interest coverage
29.80▼
2024 · 44.31
Debt ≤ 1 year
€34k▲
2024 · €30k
Income taxes
€2k▲
2024 · €249
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€115k€123k▲
Fixed assets21/28€64k€56k▼
Tangible fixed assets22/27€64k€56k▼
Land and buildings22€48k€46k▼
Furniture and vehicles24€16k€10k▼
Current assets29/58€51k€67k▲
Amounts receivable within one year40/41€27k€67k▲
Trade receivables40€27k€51k▲
Other amounts receivable41-€16k
Cash at bank and in hand54/58€24k€63▼
Equity and liabilities
Total equity and liabilities10/49€115k€123k▲
Equity10/15€84k€89k▲
Contributions10/11€6k€6k=
Reserves13€63k€67k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€61k€65k▲
Profit (loss) carried forward14€15k€15k=
Amounts payable17/49€30k€34k▲
Amounts payable within one year42/48€30k€34k▲
Trade debts44€17k€33k▲
Suppliers440/4€17k€33k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Other amounts payable47/48€8k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€12k€17k▲
Operating profit (loss)9901€1k€6k▲
Financial charges65/66B€222€484▲
Recurring financial charges65€222€484▲
Profit (loss) for the period before taxes9903€1k€6k▲
Income taxes67/77€249€2k▲
Profit (loss) for the period9904€824€4k▲
Profit (loss) for the period to be appropriated9905€824€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€20k▲
Profit (loss) brought forward from the previous period14P€15k€15k=
Transfer to equity691/2€824€4k▲
To other reserves6921€824€4k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €5k | €9k | €9k | €8k | ▼ 5.2% |
| Other operating charges640/8 | - | €2k | €5k | €2k | €2k | ▼ 0.4% |
| Gross operating margin9900 | €18k | €13k | €7k | €12k | €17k | ▲ 37.5% |
| Operating profit (loss)9901 | €13k | €7k | €-7k | €1k | €6k | ▲ 386% |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | €179 | €182 | €222 | €484 | ▲ 117% |
| Recurring financial charges65 | €70 | €179 | €182 | €222 | €484 | ▲ 117% |
| Profit (loss) for the period before taxes9903 | €13k | €7k | €-7k | €1k | €6k | ▲ 442% |
| Income taxes67/77 | €1k | €768 | €154 | €249 | €2k | ▲ 556% |
| Profit (loss) for the period9904 | €12k | €6k | €-7k | €824 | €4k | ▲ 407% |
| Profit (loss) for the period to be appropriated9905 | €12k | €6k | €-7k | €824 | €4k | ▲ 407% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187k | €177k | €141k | €115k | €123k | ▲ 6.9% |
| Fixed assets21/28 | €57k | €81k | €72k | €64k | €56k | ▼ 12.8% |
| Tangible fixed assets22/27 | €57k | €81k | €72k | €64k | €56k | ▼ 12.8% |
| Land and buildings22 | - | €53k | €51k | €48k | €46k | ▼ 5.0% |
| Furniture and vehicles24 | - | €28k | €22k | €16k | €10k | ▼ 36.7% |
| Current assets29/58 | €129k | €96k | €69k | €51k | €67k | ▲ 31.5% |
| Amounts receivable within one year40/41 | €29k | €27k | €9k | €27k | €67k | ▲ 148% |
| Trade receivables40 | - | €27k | €9k | €27k | €51k | ▲ 87.1% |
| Other amounts receivable41 | - | €183 | €161 | - | €16k | - |
| Cash at bank and in hand54/58 | €100k | €69k | €55k | €24k | €63 | ▼ 99.7% |
| Deferred charges and accrued income490/1 | - | - | €4k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187k | €177k | €141k | €115k | €123k | ▲ 6.9% |
| Equity10/15 | €84k | €91k | €84k | €84k | €89k | ▲ 5.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €56k | €62k | €62k | €63k | €67k | ▲ 6.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €60k | €60k | €61k | €65k | ▲ 6.9% |
| Profit (loss) carried forward14 | €22k | €22k | €15k | €15k | €15k | = |
| Amounts payable17/49 | €102k | €86k | €57k | €30k | €34k | ▲ 12.5% |
| Amounts payable within one year42/48 | €102k | €86k | €57k | €30k | €34k | ▲ 12.5% |
| Trade debts44 | €22k | €7k | €8k | €17k | €33k | ▲ 90.2% |
| Suppliers440/4 | - | €7k | €8k | €17k | €33k | ▲ 90.2% |
| Taxes, remuneration and social security45 | - | €854 | €154 | €5k | €1k | ▼ 70.6% |
| Taxes450/3 | - | €854 | €154 | €5k | €1k | ▼ 70.6% |
| Other amounts payable47/48 | - | €78k | €49k | €8k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €6k | €-7k | €824 | €4k | ▲ 407% |
| + Depreciation and write-downs630 | €3k | €5k | €9k | €9k | €8k | ▼ 5.2% |
| Operating cash flow (approximation) | €15k | €11k | €2k | €9k | €12k | ▲ 31.0% |
| Investment in fixed assets (approximation) | - | €-28k | €0 | €0 | €0 | - |
| Change in cash | - | €-31k | €-13k | €-31k | €-24k | ▲ 23.3% |
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
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-04
Financial
Back to profitnet €824
Net result €824 after one loss-making year.
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-04
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-04
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 60 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
16-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1995
Ground area
866 m²
Building footprint
156 m²
Parcel 25016D0015/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Grand'Rue 3, 1341 Ottignies-Louvain-la-Neuve
since 19952.074.173.269
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016D0015/00M000 | Wallonia | 866 m² | 1 · 156 m² | - |
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.
Similar companies · same sector, comparable size
Smartchim
BE 0643.883.822
Beerse · Eq €91k
QUERMIA GRAPHICS
BE 0462.375.541
Antwerpen · Eq €92k
STEVEX
BE 0455.192.096
Lokeren · Eq €93k
INDDIS
BE 0504.969.330
Liège · Eq €85k
OGS INTERNATIONAL
BE 0806.168.978
Antwerpen · Eq €83k
Of 1,228 companies in sector 46851 we hold annual accounts for 516. 238 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 (pre-2019)
Founded09-11-1995
Fiscal year end30-04
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
Scores and ratios are computed by Checked and are not a credit decision.