Belsolutions
ActiveSummary
The computed 12-month bankruptcy probability of Belsolutions is 2.4% (moderate). The 2025 annual accounts show equity of €11k and a net result of €11k. Its solvency ranks better than 29% of 27965 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency53▲+30
Growth78
Track record82
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 0.58 in 2024; short-term debt: 29.7% and cash: 0.1% of total assets), but 71.9% 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2025Solvency, return and age of the figures
Solvency
28.1%
Return on assets
29.8%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 d early
2024
29 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k
2024 · €-660
2024: €-660
2025: €11k▲ +1739% vs 2024
2024 → 2025
Total assets
€39k▲ 2.2%
2024 · €38k
2024: €38k
2025: €39k▲ +2.2% vs 2024
2024 → 2025
Net result
€11k
2024 · €-6k
2024: €-6k
2025: €11k▲ +303% vs 2024
2024 → 2025
Working capital
€6k
2024 · €-8k
2024: €-8k
2025: €6k▲ +180% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€-660-€11k
2024: €-660
2025: €11k▲ +1739% vs 2024
Operating result€-6k-€13k
2024: €-6k
2025: €13k▲ +340% vs 2024
Net result€-6k-€11k
2024: €-6k
2025: €11k▲ +303% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€21k ▼ 23.3%
Current assets
€17k ▲ 70.5%
Equity and liabilities €39k
Equity
€11k
Debt
€28k
Debt finances 71.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€20k▲
2024 · €-1k
Cash flow
€18k▲
2024 · €-1k
Current ratio
1.53▲
2024 · 0.58
Debt to equity
2.56
ROE
106.1%
ROA
29.8%▲
2024 · -15.0%
Interest coverage
48.15▲
2024 · -14.04
Debt ≤ 1 year
€11k▼
2024 · €18k
Debt > 1 year
€16k▼
2024 · €21k
Income taxes
€2k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38k€39k▲
Fixed assets21/28€27k€21k▼
Tangible fixed assets22/27€27k€21k▼
Furniture and vehicles24€27k€21k▼
Current assets29/58€10k€17k▲
Amounts receivable within one year40/41€10k€17k▲
Trade receivables40€6k€16k▲
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€78€22▼
Equity and liabilities
Total equity and liabilities10/49€38k€39k▲
Equity10/15€-660€11k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-6k€6k▲
Amounts payable17/49€38k€28k▼
Amounts payable after more than one year17€21k€16k▼
Financial debts170/4€21k€16k▼
Amounts payable within one year42/48€18k€11k▼
Current portion of amounts payable after more than one year42€5k€5k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€8k€122▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€337€2k▲
Gross operating margin9900€-757€22k▲
Operating profit (loss)9901€-6k€13k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€78€411▲
Recurring financial charges65€78€411▲
Profit (loss) for the period before taxes9903€-6k€13k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-6k€11k▲
Profit (loss) for the period to be appropriated9905€-6k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€6k▲
Profit (loss) brought forward from the previous period14P-€-6k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | ▲ 42.4% |
| Other operating charges640/8 | €337 | €2k | ▲ 476% |
| Gross operating margin9900 | €-757 | €22k | ▲ 2,971% |
| Operating profit (loss)9901 | €-6k | €13k | ▲ 340% |
| Financial income75/76B | €0 | €0 | ▼ 60.0% |
| Recurring financial income75 | €0 | €0 | ▼ 60.0% |
| Financial charges65/66B | €78 | €411 | ▲ 427% |
| Recurring financial charges65 | €78 | €411 | ▲ 427% |
| Profit (loss) for the period before taxes9903 | €-6k | €13k | ▲ 329% |
| Income taxes67/77 | - | €2k | - |
| Profit (loss) for the period9904 | €-6k | €11k | ▲ 303% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €11k | ▲ 303% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €38k | €39k | ▲ 2.2% |
| Fixed assets21/28 | €27k | €21k | ▼ 23.3% |
| Tangible fixed assets22/27 | €27k | €21k | ▼ 23.3% |
| Furniture and vehicles24 | €27k | €21k | ▼ 23.3% |
| Current assets29/58 | €10k | €17k | ▲ 70.5% |
| Amounts receivable within one year40/41 | €10k | €17k | ▲ 71.6% |
| Trade receivables40 | €6k | €16k | ▲ 153% |
| Other amounts receivable41 | €4k | €1k | ▼ 64.3% |
| Cash at bank and in hand54/58 | €78 | €22 | ▼ 72.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €38k | €39k | ▲ 2.2% |
| Equity10/15 | €-660 | €11k | ▲ 1,739% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €-6k | €6k | ▲ 203% |
| Amounts payable17/49 | €38k | €28k | ▼ 27.7% |
| Amounts payable after more than one year17 | €21k | €16k | ▼ 21.0% |
| Financial debts170/4 | €21k | €16k | ▼ 21.0% |
| Amounts payable within one year42/48 | €18k | €11k | ▼ 35.5% |
| Current portion of amounts payable after more than one year42 | €5k | €5k | ▼ 3.7% |
| Trade debts44 | €2k | €2k | ▼ 8.3% |
| Suppliers440/4 | €2k | €2k | ▼ 8.3% |
| Advances received on contracts in progress46 | €3k | €3k | = |
| Taxes, remuneration and social security45 | - | €2k | - |
| Taxes450/3 | - | €2k | - |
| Other amounts payable47/48 | €8k | €122 | ▼ 98.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €11k | ▲ 303% |
| + Depreciation and write-downs630 | €4k | €6k | ▲ 42.4% |
| Operating cash flow (approximation) | €-1k | €18k | ▲ 1,626% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-57 | - |
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
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.53
Current ratio from 0.58 to 1.53; short-term debt falls from €18k to €11k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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-Pieters-Leeuw · 1 establishment unit since 2024
Ground area
90 m²
Building footprint
86 m²
Volume, LiDAR
666 m³
Parcel 23077A0124/00E017, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Belsolutions
since 20242.359.395.633
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0124/00E017 | Flanders | 90 m² | 1 · 86 m² | 13.1 m · 3 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.
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,473. 1,871 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
Founded19-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail
belsolutions24@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.