Losses
-€115,825 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
BELSITIS
Lifetime
4 annual accounts with figures on one time axispeak €843,717 (2022)
-€3,913▲ €16,213
lowest -€85,008 (2023)
-€7,820▲ €15,177
peak €449,145 (2022)
€333,320▼ 2.3%
€37,768▼ 9.8%
peak 3.5 FTE (2022)
0.1 FTEunchanged
Board4 names since 2021
3 directors and 2 others
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Gross margin from -€20,126 to -€3,913Loss of €7,820Cash from €28,887 to €1,646
Key points
from the 2025 annual accountsFilings
4 annual accounts 2 late
The 2022 accounts came latest: 70 days after the end of the period.
Position in the sector
89.8%
Higher solvency than 89% of companies in office administrative support. Sector median 41.5% · 2,841 companies.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as BELSITIS has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for BELSITIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Daily manager
Daily manager
Director, since 12-05-2021
- founderdeed of 17-05-2021
- founderdeed of 17-05-2021
- founderdeed of 17-05-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768391339
New establishment in Merelbeke-Melle
BARACITA, Hundelgemsesteenweg 317
3 directors appointed
; and · Board meeting of 12-05-2021 · Gazette deed
Incorporation
Founding capital of €6,000 · Founders: ; ; · Appointments: ; and · published on 17-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELSITIS Ghent | €371,088 | -€3,913 | 89.8% | 0.1 |
| Micromobility Industries Brussels | €349,041 | -€83,310 | -55.5% | 0 |
| THE POD Ottignies-Louvain-la-Neuve | €600,198 | -€213,285 | 2.0% | 0.4 |
| FAIRTIME Woluwe-Saint-Pierre | €224,317 | -€1,120 | -46.7% | 1 |
| Bifurcation Anderlecht | €468,107 | -€616 | 99.1% | - |
| COCOS FUTURE Uccle | €400,261 | €1,904 | -25.5% | - |
| JES! Deerlijk | €233,184 | -€754 | 54.7% | - |
These companies have the same main activity as BELSITIS: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €224,000 and €600,000, founded between 2018 and 2022.
Official details
Source: KBO- Status
- Active since 12-05-2021Normal situation
- Activity
- Organisation of conventions and trade showsNACE 82300and 3 others
- Establishment units
- 2.317.178.8579050 Ghent, since 12-05-2021
- 2.346.174.5339820 Merelbeke-Melle, since 30-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 22-08-2025
Annual accounts 2025
- €371,088▼ 3.1%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on BELSITIS
BELSITIS files the abbreviated format. That format states no turnover. The gross margin fell from €843,717 in 2022 to -€3,913 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELSITIS
- What is the company number of BELSITIS?
- The company number of BELSITIS is 0768.391.339. The VAT number is the same number with BE in front: BE 0768.391.339.
- Where is BELSITIS based?
- The registered office is at Jules De Cocklaan 51, 9050 Ghent.Company details
- What does BELSITIS do?
- According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
- What is the legal form of BELSITIS?
- BELSITIS is a private limited company (BV).
- When was BELSITIS founded?
- BELSITIS was founded on 12-05-2021.
- Is BELSITIS still active?
- Yes, BELSITIS is an active enterprise in the KBO register.
- How many employees does BELSITIS have?
- BELSITIS had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BELSITIS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is BELSITIS profitable?
- In financial year 2025, BELSITIS made a loss of €7,820.
- Where can I find the annual accounts of BELSITIS?
- BELSITIS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELSITIS due?
- BELSITIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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