BELTOOLS
ActiveSummary
BELTOOLS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €412,859 and a net result of €38,771. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-6
Solvency79▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.74 in 2024; short-term debt: 46.3% and cash: 5.9% of total assets), and 46.3% of the assets are financed with debt.
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Signals
Six 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
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
53.7%
Return on assets
5%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
20 d late
2024
18 d late
2023
8 d early
2022
92 d late
2021
29 d late
2020
57 d early
2019
80 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 20 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€412,859▲ 9.7%
2024 · €376,223
Total assets
€769,068▲ 3.1%
2024 · €745,632
Net result
€38,771▼ 44.9%
2024 · €70,306
Working capital
€317,975▲ 15.6%
2024 · €274,956
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€31,279▼ 48.9%€72,008▲ 130%€97,128▲ 34.9%€92,917▼ 4.3%€49,191▼ 47.1%
Net result€20,638within the sector's middle half▼ 71.0%€54,878above the sector's middle half▲ 166%€86,344above the sector's middle half▲ 57.3%€70,306within the sector's middle half▼ 18.6%€38,771within the sector's middle half▼ 44.9%
Equity€197,099above the sector's middle half▲ 10.4%€223,842above the sector's middle half▲ 13.6%€308,052above the sector's middle half▲ 37.6%€376,223within the sector's middle half▲ 22.1%€412,859within the sector's middle half▲ 9.7%
Total assets€449,313above the sector's middle half▼ 4.7%€474,981above the sector's middle half▲ 5.7%€564,789above the sector's middle half▲ 18.9%€745,632within the sector's middle half▲ 32.0%€769,068within the sector's middle half▲ 3.1%
Debt€252,214▼ 13.9%€251,139▼ 0.4%€256,737▲ 2.2%€369,410▲ 43.9%€356,209▼ 3.6%
Working capital€155,667above the sector's middle half▼ 2.0%€154,866above the sector's middle half▼ 0.5%€230,246above the sector's middle half▲ 48.7%€274,956within the sector's middle half▲ 19.4%€317,975within the sector's middle half▲ 15.6%
Solvency43.9%within the sector's middle half▲ 6.0pp47.1%within the sector's middle half▲ 3.3pp54.5%within the sector's middle half▲ 7.4pp50.5%within the sector's middle half▼ 4.1pp53.7%within the sector's middle half▲ 3.2pp
Current ratio1.76within the sector's middle half▼ 0.051.62within the sector's middle half▼ 0.151.90within the sector's middle half▲ 0.281.74within the sector's middle half▼ 0.151.89within the sector's middle half▲ 0.15
Return on assets (ROA)4.6%within the sector's middle half▼ 10.5pp11.6%within the sector's middle half▲ 7.0pp15.3%above the sector's middle half▲ 3.7pp9.4%within the sector's middle half▼ 5.9pp5.0%within the sector's middle half▼ 4.4pp
Staff (FTE)1.5=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €769,068
Fixed assets
€94,884 ▼ 6.3%
Current assets
€674,184 ▲ 4.6%
Equity and liabilities €769,068
Equity
€412,859 ▲ 9.7%
Debt
€356,209 ▼ 3.6%
Debt's share of the balance-sheet total falls from 49.5% to 46.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63,090▼
2024 · €103,905
Cash flow
€52,669▼
2024 · €81,294
Quick ratio
0.87▼
2024 · 1.14
Debt to equity
0.86▼
2024 · 0.98
ROE
9.4%▼
2024 · 18.7%
Interest coverage
7.83▼
2024 · 13.14
Debt ≤ 1 year
€356,209▼
2024 · €369,410
Income taxes
€14,671▼
2024 · €32,265
Staff costs
€113,611▼
2024 · €152,032
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €90,842 | - | €1,784 | €38,870 | - | - |
| Remuneration, social security and pensions62 | €76,457 | €83,319 | €102,819 | €152,032 | €113,611 | ▼ 25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,235 | €2,924 | €9,322 | €10,989 | €13,898 | ▲ 26.5% |
| Other operating charges640/8 | €14,528 | €3,823 | €1,143 | €3,758 | €2,669 | ▼ 29.0% |
| Non-recurring operating charges66A | - | €41,253 | €189 | - | - | - |
| Gross operating margin9900 | €153,499 | €203,327 | €210,601 | €259,696 | €179,370 | ▼ 30.9% |
| Operating profit (loss)9901 | €31,279 | €72,008 | €97,128 | €92,917 | €49,191 | ▼ 47.1% |
| Financial income75/76B | €9,983 | €8,299 | €25,172 | €17,561 | €12,312 | ▼ 29.9% |
| Recurring financial income75 | €9,983 | €8,299 | €25,115 | €17,561 | €12,312 | ▼ 29.9% |
| Non-recurring financial income76B | - | - | €57 | - | - | - |
| Financial charges65/66B | €20,165 | €8,358 | €3,491 | €7,906 | €8,061 | ▲ 2.0% |
| Recurring financial charges65 | €20,165 | €8,301 | €3,491 | €7,906 | €8,061 | ▲ 2.0% |
| Non-recurring financial charges66B | - | €57 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €21,098 | €71,949 | €118,809 | €102,571 | €53,442 | ▼ 47.9% |
| Income taxes67/77 | €460 | €17,070 | €32,465 | €32,265 | €14,671 | ▼ 54.5% |
| Profit (loss) for the period9904 | €20,638 | €54,878 | €86,344 | €70,306 | €38,771 | ▼ 44.9% |
| Profit (loss) for the period to be appropriated9905 | €20,638 | €54,878 | €86,344 | €70,306 | €38,771 | ▼ 44.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €449,313 | €474,981 | €564,789 | €745,632 | €769,068 | ▲ 3.1% |
| Fixed assets21/28 | €89,972 | €69,033 | €77,806 | €101,267 | €94,884 | ▼ 6.3% |
| Tangible fixed assets22/27 | €69,407 | €46,939 | €54,190 | €77,598 | €70,217 | ▼ 9.5% |
| Land and buildings22 | €67,253 | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | €667 | €507 | €347 | ▼ 31.6% |
| Furniture and vehicles24 | €2,154 | €29,297 | €24,165 | €23,790 | €20,994 | ▼ 11.8% |
| Other tangible fixed assets26 | - | €17,642 | €29,358 | €53,302 | €48,877 | ▼ 8.3% |
| Financial fixed assets28 | €20,565 | €22,093 | €23,616 | €23,668 | €24,667 | ▲ 4.2% |
| Current assets29/58 | €359,341 | €405,949 | €486,982 | €644,366 | €674,184 | ▲ 4.6% |
| Stocks and contracts in progress3 | €161,970 | €199,919 | €217,316 | €223,139 | €364,078 | ▲ 63.2% |
| Stocks30/36 | €161,970 | €199,919 | €217,316 | €223,139 | €364,078 | ▲ 63.2% |
| Amounts receivable within one year40/41 | €152,704 | €149,601 | €215,952 | €376,730 | €258,250 | ▼ 31.4% |
| Trade receivables40 | €152,704 | €149,601 | €176,848 | €357,077 | €241,919 | ▼ 32.3% |
| Other amounts receivable41 | - | - | €39,104 | €19,653 | €16,331 | ▼ 16.9% |
| Cash at bank and in hand54/58 | €6,212 | €52,480 | €49,128 | €39,408 | €45,713 | ▲ 16.0% |
| Deferred charges and accrued income490/1 | €38,455 | €3,949 | €4,586 | €5,089 | €6,143 | ▲ 20.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €449,313 | €474,981 | €564,789 | €745,632 | €769,068 | ▲ 3.1% |
| Equity10/15 | €197,099 | €223,842 | €308,052 | €376,223 | €412,859 | ▲ 9.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Revaluation surpluses12 | €26,000 | - | - | - | - | - |
| Reserves13 | €252,950 | €252,950 | €252,950 | €252,950 | €252,950 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | €228,000 | €228,000 | €228,000 | €228,000 | €228,000 | = |
| Profit (loss) carried forward14 | -€152,867 | -€97,989 | -€11,645 | €58,661 | €97,432 | ▲ 66.1% |
| Investment grants15 | €9,016 | €6,881 | €4,746 | €2,612 | €477 | ▼ 81.7% |
| Amounts payable17/49 | €252,214 | €251,139 | €256,737 | €369,410 | €356,209 | ▼ 3.6% |
| Amounts payable after more than one year17 | €48,541 | - | - | - | - | - |
| Financial debts170/4 | €48,541 | - | - | - | - | - |
| Amounts payable within one year42/48 | €203,674 | €251,082 | €256,737 | €369,410 | €356,209 | ▼ 3.6% |
| Current portion of amounts payable after more than one year42 | €50,075 | €44,467 | €25,000 | €62,500 | €8,750 | ▼ 86.0% |
| Financial debts43 | €46,533 | €50,000 | - | - | - | - |
| Credit institutions430/8 | €46,533 | €50,000 | - | - | - | - |
| Trade debts44 | €66,210 | €127,254 | €199,075 | €183,002 | €278,500 | ▲ 52.2% |
| Suppliers440/4 | €66,210 | €127,254 | €199,075 | €183,002 | €278,500 | ▲ 52.2% |
| Taxes, remuneration and social security45 | €15,199 | €21,560 | €14,682 | €47,890 | €26,988 | ▼ 43.6% |
| Taxes450/3 | €5,483 | €4,597 | - | €24,846 | €14,258 | ▼ 42.6% |
| Remuneration and social security454/9 | €9,716 | €16,963 | €14,682 | €23,044 | €12,730 | ▼ 44.8% |
| Other amounts payable47/48 | €25,657 | €7,801 | €17,980 | €76,017 | €41,971 | ▼ 44.8% |
| Accrued charges and deferred income492/3 | - | €57 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,638 | €54,878 | €86,344 | €70,306 | €38,771 | ▼ 44.9% |
| + Depreciation and write-downs630 | €31,235 | €2,924 | €9,322 | €10,989 | €13,898 | ▲ 26.5% |
| Operating cash flow (approximation) | €51,872 | €57,803 | €95,666 | €81,294 | €52,669 | ▼ 35.2% |
| Investment in fixed assets (approximation) | - | €18,015 | -€18,095 | -€34,449 | -€7,516 | ▲ 78.2% |
| Change in cash | - | €46,269 | -€3,352 | -€9,720 | €6,306 | ▲ 165% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €86,344 ▲57.3%
Operating result €97,128, net result €86,344, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Equity above €200,000Eq €223,842 ▲13.6%
5 profitable years in a row build equity to €223,842.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150,000Eq €162,361 ▲57.8%
2 profitable years in a row build equity to €162,361.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 185 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 acts for this company are 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, Wavre · 1 establishment unit since 1994
Ground area
1,178 m²
Building footprint
396 m²
Parcel 25112C0130/00S000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BELTOOLS
since 19942.067.961.905
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0130/00S000 | Wallonia | 1,178 m² | 1 · 396 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.
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SOGECAM
BE 0460.893.916
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BIS-TECHNICS
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Of 827 companies in sector 46620 we hold annual accounts for 644. 519 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-08-1994
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
47521Retail sale of hardware, building materials, paint and glass (general range)
22260Manufacture of rubber and plastic products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453248732
Also
9925:BE0453248732
Registered
17-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.