BELU CONCEPTS
ActiveBELU CONCEPTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219k and a net result of €45k. Equity is growing by ~63.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 16989 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-2
Solvency74▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.19 in 2024; short-term debt: 38.4% and cash: 14.6% of total assets), but 51.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
48.9%
Return on assets
10%
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 16-07-2026, 15 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
15 d early
2024
16 d early
2023
39 d early
2022
41 d early
2021
101 d early
2020
8 d early
2019
9 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€219k▲ 25.6%
2024 · €174k
2018: €-9k
2019: €-16k
2020: €-21k
2021: €45k
2022: €79k
2023: €123k
2024: €174k
2018 → 2025
Total assets
€447k▼ 3.7%
2024 · €465k
2018: €15k
2019: €9k
2020: €3k
2021: €405k
2022: €433k
2023: €565k
2024: €465k
2018 → 2025
Net result
€45k▼ 13.2%
2024 · €51k
2018: €-18k
2019: €-7k
2020: €-5k
2021: €65k
2022: €34k
2023: €45k
2024: €51k
2018 → 2025
Working capital
€116k▲ 203%
2024 · €38k
2018: €-23k
2019: €-23k
2020: €-23k
2021: €68k
2022: €16k
2023: €-5k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€79k▲ 75.9%€123k▲ 56.5%€174k▲ 40.9%€219k▲ 25.6%
Operating result€80k-€54k▼ 32.6%€72k▲ 33.7%€80k▲ 11.1%€66k▼ 17.5%
Net result€65k-€34k▼ 48.0%€45k▲ 31.0%€51k▲ 15.2%€45k▼ 13.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447k
Fixed assets
€159k▼ 28.8%
Current assets
€288k▲ 19.6%
Equity and liabilities €447k
Equity
€219k▲ 25.6%
Debt
€229k▼ 21.3%
The debt ratio falls from 62.6% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€142k▲
2024 · €135k
Cash flow
€121k▲
2024 · €106k
Solvency
48.9%▲
2024 · 37.4%
Current ratio
1.68▲
2024 · 1.19
Quick ratio
1.68▲
2024 · 1.19
Debt / equity
1.05▼
2024 · 1.67
ROE
20.4%▼
2024 · 29.5%
ROA
10.0%▼
2024 · 11.1%
Interest coverage
19.88▲
2024 · 12.62
Debt
€229k▼
2024 · €291k
Debt ≤ 1 year
€172k▼
2024 · €203k
Debt > 1 year
€57k▼
2024 · €82k
Income taxes
€15k▼
2024 · €18k
Staff costs
€341k▲
2024 · €252k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€465k€447k▼
Fixed assets21/28€224k€159k▼
Tangible fixed assets22/27€170k€105k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€37k€15k▼
Leasing and similar rights25€127k€84k▼
Financial fixed assets28€54k€54k=
Current assets29/58€241k€288k▲
Amounts receivable within one year40/41€153k€213k▲
Trade receivables40€152k€212k▲
Other amounts receivable41€910€910=
Cash at bank and in hand54/58€86k€65k▼
Deferred charges and accrued income490/1€2k€10k▲
Equity and liabilities
Total equity and liabilities10/49€465k€447k▼
Equity10/15€174k€219k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€155k€200k▲
Amounts payable17/49€291k€229k▼
Amounts payable after more than one year17€82k€57k▼
Financial debts170/4€82k€57k▼
Amounts payable within one year42/48€203k€172k▼
Current portion of amounts payable after more than one year42€74k€30k▼
Trade debts44€86k€95k▲
Suppliers440/4€86k€95k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€34k€41k▲
Taxes450/3€10k€6k▼
Remuneration and social security454/9€24k€35k▲
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3€6k-
Income statement
Code20242025
Non-recurring operating income76A€28k-
Remuneration, social security and pensions62€252k€341k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€76k▲
Other operating charges640/8€36k€42k▲
Gross operating margin9900€422k€526k▲
Operating profit (loss)9901€80k€66k▼
Financial income75/76B€11€878▲
Recurring financial income75€11€878▲
Financial charges65/66B€11k€7k▼
Recurring financial charges65€11k€7k▼
Profit (loss) for the period before taxes9903€70k€60k▼
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€51k€45k▼
Profit (loss) for the period to be appropriated9905€51k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€200k▲
Profit (loss) brought forward from the previous period14P€105k€155k▲
Profit to be distributed694/7€830-
Return on contributions (dividend)694€830-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €219k ▲25.6%
5 profitable years in a row build equity to €219k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €174k ▲40.9%
4 profitable years in a row build equity to €174k.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €123k ▲56.5%
3 profitable years in a row build equity to €123k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €65k
Net result €65k after 3 loss-making years.
31-12
Financial
Liquidity times 67current ratio 1.30
Current ratio from 0.02 to 1.30.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalter · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zuidleiestraat 14F9880 AalterGround area
9,714 m²
Building footprint
5,150 m²
Parcel 44001B0004/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
C-Express
since 20172.266.563.861
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0004/00L000 | Flanders | 9,714 m² | 1 · 5,150 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 2,394 EUR awarded · 2,394 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,878 EUR | 1,878 EUR |
| 2023 | 1 | 516 EUR | 516 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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SPARKLE
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INTO THE TREES
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VALID SOLUTIONS
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Of 16,878 companies in sector 62100 we hold annual accounts for 8,776. 6,500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2017
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
62010Computer programming, consultancy and related activities
62100Computer programming
70200Business and other management consultancy
70220Business consulting
47120Other non-specialised retail sale
47910Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.