BELTRAME & VARANI UNLIMITED
ActiveSummary
BELTRAME & VARANI UNLIMITED has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-255. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▼-65
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.73 in 2024; short-term debt: 134.4% and cash: 87.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-35.9%
Return on assets
-4%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-2k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-02-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
22 d early
2023
on the day
2022
22 d early
2021
8 d late
2020
15 d late
2019
11 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€14k▲ 106%
2022 · €7k
EBIT margin
-1.2%▼ 53.1pp
2022 · 51.9%
Net result
€-255
2024 · €1k
Working capital
€-2k▼ 10.1%
2024 · €-2k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€3k▼ 87.4%€7k▲ 127%€14k
Operating result€-5k▲ 17.2%€4k€-6k€1k€-168
Net result€3k€3k▲ 27.1%€-6k€1k€-255
EBIT margin-150.1%▼ 127.2pp51.9%▲ 201.9pp-1.2%
Equity€-305▲ 89.6%€3k€-3k€-2k▲ 36.7%€-2k▼ 12.5%
Total assets€24k▼ 33.2%€25k▲ 3.9%€5k▼ 81.3%€6k▲ 30.0%€6k▲ 3.2%
Debt€25k▼ 37.4%€22k▼ 9.7%€8k▼ 64.3%€8k▲ 3.1%€9k▲ 5.5%
Working capital€-5k▲ 35.6%€2k€-4k€-2k▲ 39.9%€-2k▼ 10.1%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €168 after €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€210 =
Current assets
€6k ▲ 3.3%
Key figures and ratios
Solvency
-35.9%▼
2024 · -33.0%
Current ratio
0.72▼
2024 · 0.73
Quick ratio
0.71▼
2024 · 0.72
Debt to equity
-3.78▲
2024 · -4.03
ROA
-4.0%▼
2024 · 19.1%
Debt ≤ 1 year
€9k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €3k | €7k | - | - | €14k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €7k | - | - | €14k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €364 | €364 | €268 | - | - |
| Other operating charges640/8 | - | €388 | €348 | €384 | €387 | ▲ 0.8% |
| Non-recurring operating charges66A | - | €1k | - | - | - | - |
| Gross operating margin9900 | €-3k | €6k | €-5k | €2k | €219 | ▼ 88.5% |
| Operating profit (loss)9901 | €-5k | €4k | €-6k | €1k | €-168 | ▼ 113% |
| Financial income75/76B | - | €2 | - | - | - | - |
| Recurring financial income75 | €7k | €2 | - | - | - | - |
| Financial charges65/66B | - | €58 | €62 | €66 | €87 | ▲ 31.8% |
| Recurring financial charges65 | €1 | €58 | €62 | €66 | €87 | ▲ 31.8% |
| Profit (loss) for the period before taxes9903 | €3k | €4k | €-6k | €1k | €-255 | ▼ 122% |
| Income taxes67/77 | €73 | €149 | €149 | - | - | - |
| Profit (loss) for the period9904 | €3k | €3k | €-6k | €1k | €-255 | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | €3k | €3k | €-6k | €1k | €-255 | ▼ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24k | €25k | €5k | €6k | €6k | ▲ 3.2% |
| Fixed assets21/28 | €5k | €842 | €478 | €210 | €210 | = |
| Tangible fixed assets22/27 | €5k | €632 | €268 | - | - | - |
| Furniture and vehicles24 | - | €632 | €268 | - | - | - |
| Financial fixed assets28 | €130 | €210 | €210 | €210 | €210 | = |
| Current assets29/58 | €19k | €25k | €4k | €6k | €6k | ▲ 3.3% |
| Stocks and contracts in progress3 | - | - | €496 | €125 | €63 | ▼ 49.6% |
| Stocks30/36 | - | - | €496 | €125 | €63 | ▼ 49.6% |
| Amounts receivable within one year40/41 | €16k | €15k | €256 | - | - | - |
| Trade receivables40 | - | €15k | - | - | - | - |
| Other amounts receivable41 | - | - | €256 | - | - | - |
| Cash at bank and in hand54/58 | €3k | €9k | €4k | €6k | €6k | ▼ 4.9% |
| Deferred charges and accrued income490/1 | - | €91 | - | - | €549 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24k | €25k | €5k | €6k | €6k | ▲ 3.2% |
| Equity10/15 | €-305 | €3k | €-3k | €-2k | €-2k | ▼ 12.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €620 | €620 | = |
| Legal reserve130 | - | €620 | €620 | €620 | €620 | = |
| Profit (loss) carried forward14 | €-7k | €-4k | €-10k | €-9k | €-9k | ▼ 2.9% |
| Amounts payable17/49 | €25k | €22k | €8k | €8k | €9k | ▲ 5.5% |
| Amounts payable within one year42/48 | €25k | €22k | €8k | €8k | €9k | ▲ 5.1% |
| Trade debts44 | €18k | €18k | €3k | €3k | €3k | ▲ 7.8% |
| Suppliers440/4 | - | €18k | €3k | €3k | €3k | ▲ 7.8% |
| Taxes, remuneration and social security45 | - | €109 | - | €531 | €345 | ▼ 35.0% |
| Taxes450/3 | - | €109 | - | €531 | €345 | ▼ 35.0% |
| Other amounts payable47/48 | - | €4k | €5k | €5k | €5k | ▲ 8.0% |
| Accrued charges and deferred income492/3 | - | - | €61 | €61 | €95 | ▲ 55.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €3k | €-6k | €1k | €-255 | ▼ 122% |
| + Depreciation and write-downs630 | €1k | €364 | €364 | €268 | - | - |
| Operating cash flow (approximation) | €4k | €4k | €-6k | €1k | €-255 | ▼ 118% |
| Investment in fixed assets (approximation) | - | €4k | €0 | €0 | €0 | - |
| Change in cash | - | €6k | €-6k | €2k | €-289 | ▼ 112% |
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
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €3k ▲27.1%
Operating result €4k, net result €3k, both a record.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-06
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Charleroi · 1 establishment unit since 2004
Ground area
1,430 m²
Building footprint
748 m²
Volume, LiDAR
21,890 m³
Parcel 52011C0195/00N000, Wallonia · tallest building 32.7 m, ±10 floors. Linked by address, not a title deed.
72
companies at this address
See who is registered here
1 establishment unit
BELTRAME & VARANI
since 20042.136.002.851
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011C0195/00N000 | Wallonia | 1,430 m² | 1 · 748 m² | 32.6 m · 10 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 11,756 companies in sector 68310 we hold annual accounts for 6,904. 1,519 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2004
Fiscal year end30-06
Abbreviation FR
BV UNLIMITED
Activities, NACEBEL 2025
68310Real estate agency activities
Contact
Phone
0477417.457Charleroi
Scores and ratios are computed by Checked and are not a credit decision.