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BELTRACOM

Active
Private limited company (pre-2019)founded 1985active for 41 yearsHorzelstraat 91, 1180 Ukkel, BelgiumKBO/BCE: BE 0427.598.170

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

The file of BELTRACOM contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 7.0% (elevated). The 2024 annual accounts show negative equity (-€92,484) and a net result of €14,119. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 10% of 25,566 sector peers (NACE 47, financial year 2024).

Overview

Official details

KBO
Status
Active since 20-08-1985 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
Establishment unit
2.027.716.704 1180 Ukkel, since 31-08-1985
Financial year end
31 December
Peppol
Reachable since 19-06-2026

Board and ownership

Financial position

34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.0%
Annual accounts 2024
Gross margin
€22,112
Turnover
≈ €340,000
estimated
Profit
€14,119
Equity
-€92,484
▲ 13.2%
Total assets
€126,528
▲ 39.0%
2025 accounts not filed, 93 days past the deadline
Filed on 12-08-2025PDF
Score breakdownraises riskJudicial reorganisation on record (2 publications, latest 03-02-2022)Figures for financial year 2024 (filed on 18-08-2025)Sector: Retail trade (NACE 47)lowers riskFounded in 1985Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 33% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Weak
Solvency 0=
equity -73.1% of total assets
Liquidity 15-35
short-term debt 150.4% · cash 11.8%
Profitability 63+63
return on assets 11.2%
Bankruptcy probability within 12 months
7.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 10.0% 12-2024: 10.0%● unchanged vs 11-2024 01-2025: 14.2%▲ +4.2 percentage points vs 12-2024highest value 02-2025: 14.2%● unchanged vs 01-2025highest value 03-2025: 11.1%▼ -3.1 percentage points vs 02-2025 04-2025: 12.7%▲ +1.6 percentage points vs 03-2025 05-2025: 12.5%▼ -0.2 percentage points vs 04-2025 06-2025: 12.0%▼ -0.5 percentage points vs 05-2025 07-2025: 12.2%▲ +0.2 percentage points vs 06-2025 08-2025: 13.1%▲ +0.9 percentage points vs 07-2025 09-2025: 2.7%▼ -10.4 percentage points vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.6%▼ -0.1 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.6%● unchanged vs 04-2026 06-2026: 2.6%● unchanged vs 05-2026lowest value 07-2026: 3.0%▲ +0.4 percentage points vs 06-2026 08-2026: 4.8%▲ +1.8 percentage points vs 07-2026 09-2026: 5.5%▲ +0.7 percentage points vs 08-2026 10-2026: 7.0%▲ +1.5 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.66 (0.56 in 2023), below 1. Short-term debt is 150.4% and cash 11.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 14% on liquidity, 44% on profitability and 65% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Judicial reorganisation on record (2 publications, latest 03-02-2022)
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 18-08-2025)
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 25566 sector peers (2024).
NBB · sector comparison
Position among 25566 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 12 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
12 days late
2023
215 days late
2022
117 days early
2021
26 days late
2020
29 days late
2019
394 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 93 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€92,484 View
  • Caution: Less equity than 95% of companies in retail tradesector median €39,283 · 25,623 companies -€92,484 View

Comparable companies

These companies have the same main activity as BELTRACOM: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €120,000 and €157,000, founded between 1982 and 1992.

CompanyTotal assetsGross margin
BELTRACOM Ukkel€126,528€22,112
T and P EXPORT Brussel€143,640€24,008
DELAERE KRIST Kortemark€156,822€23,665
CLEPA Lier€144,007€28,436
GARAGE TONY GUSTINELLI Amay€120,080€14,988
Renault Tournai Service Tournai€140,709€15,438
Garage JAYMAERT Fexhe-le-Haut-Clocher€149,681€20,140
Full comparison

Documents

Annual accounts at the NBB

All 33 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about BELTRACOM

What is the company number of BELTRACOM?
The company number of BELTRACOM is 0427.598.170. The VAT number is the same number with BE in front: BE 0427.598.170.
Where is BELTRACOM based?
The registered office is at Horzelstraat 91, 1180 Ukkel.Company details
What does BELTRACOM do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of BELTRACOM?
The legal form of BELTRACOM is Private limited company (pre-2019) (BVBA).
When was BELTRACOM founded?
BELTRACOM was founded on 20-08-1985.
Is BELTRACOM still active?
Yes, BELTRACOM is an active enterprise in the KBO register.
How many employees does BELTRACOM have?
BELTRACOM had an average of 0.8 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of BELTRACOM?
The turnover in financial year 2024 is ≈ €340,000. This figure is estimated from the gross margin of €22,112 and 73 comparable companies (NACE 47811). It probably lies between €170,000 and €1.0m. It is a rough estimate.
Is BELTRACOM profitable?
In financial year 2024, BELTRACOM made a profit of €14,119.
Where can I find the annual accounts of BELTRACOM?
BELTRACOM filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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