BELUFIN
ActiveBELUFIN has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.21M and a net result of €16k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-52
Solvency96▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.68 in 2024), and 46.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 82
Relative position
BE, all sectors
reference
Sector 82
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
53.3%
Return on assets
0.7%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
29 d late
2022
3 d early
2021
4 d late
2020
30 d late
2019
25 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.21M▲ 1.3%
2024 · €1.20M
2018: €156k
2019: €148k
2020: €175k
2021: €541k
2022: €785k
2023: €1.05M
2024: €1.20M
2018 → 2025
Total assets
€2.27M▲ 10.9%
2024 · €2.05M
2018: €273k
2019: €267k
2020: €200k
2021: €892k
2022: €1.20M
2023: €1.51M
2024: €2.05M
2018 → 2025
Net result
€16k▼ 88.7%
2024 · €141k
2018: €7k
2019: €8k
2020: €26k
2021: €66k
2022: €244k
2023: €269k
2024: €141k
2018 → 2025
Working capital
€215k▲ 23.3%
2024 · €174k
2018: €92k
2019: €71k
2020: €165k
2021: €406k
2022: €462k
2023: €440k
2024: €174k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€541k-€785k▲ 45.2%€1.05M▲ 34.3%€1.20M▲ 13.4%€1.21M▲ 1.3%
Operating result€98k-€35k▼ 64.6%€270k▲ 676%€184k▼ 31.9%€57k▼ 69.2%
Net result€66k-€244k▲ 270%€269k▲ 10.2%€141k▼ 47.7%€16k▼ 88.7%
Turnover and EBIT margin not published: the 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 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.27M
Fixed assets
€1.92M▲ 18.7%
Current assets
€351k▼ 18.3%
Equity and liabilities €2.27M
Equity
€1.21M▲ 1.3%
Debt
€1.06M▲ 24.4%
The debt ratio rises from 41.6% to 46.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€145k▼
2024 · €237k
Cash flow
€105k▼
2024 · €194k
Solvency
53.3%▼
2024 · 58.4%
Current ratio
2.58▲
2024 · 1.68
Quick ratio
2.58▲
2024 · 1.68
Debt / equity
0.88▲
2024 · 0.71
ROE
1.3%▼
2024 · 11.8%
ROA
0.7%▼
2024 · 6.9%
Interest coverage
3.73▼
2024 · 8.06
Debt
€1.06M▲
2024 · €853k
Debt ≤ 1 year
€136k▼
2024 · €255k
Debt > 1 year
€880k▲
2024 · €577k
Income taxes
€4k▼
2024 · €37k
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€2.05M€2.27M▲
Fixed assets21/28€1.62M€1.92M▲
Tangible fixed assets22/27€1.62M€1.92M▲
Land and buildings22€1.51M€1.87M▲
Furniture and vehicles24€104k€53k▼
Financial fixed assets28€139-
Current assets29/58€429k€351k▼
Amounts receivable within one year40/41€90k€139k▲
Trade receivables40€42k€119k▲
Other amounts receivable41€48k€20k▼
Current investments50/53€269k€193k▼
Cash at bank and in hand54/58€69k€19k▼
Deferred charges and accrued income490/1€1k€184▼
Equity and liabilities
Total equity and liabilities10/49€2.05M€2.27M▲
Equity10/15€1.20M€1.21M▲
Contributions10/11€319k€319k=
Reserves13€871k€887k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€869k€885k▲
Profit (loss) carried forward14€6k€6k▲
Amounts payable17/49€853k€1.06M▲
Amounts payable after more than one year17€577k€880k▲
Financial debts170/4€577k€880k▲
Amounts payable within one year42/48€255k€136k▼
Current portion of amounts payable after more than one year42€37k€34k▼
Trade debts44€86k€80k▼
Suppliers440/4€86k€80k▼
Taxes, remuneration and social security45€115k€17k▼
Taxes450/3€115k€13k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€18k€6k▼
Accrued charges and deferred income492/3€21k€45k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€89k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€244k€149k▼
Operating profit (loss)9901€184k€57k▼
Financial income75/76B€25k€2k▼
Recurring financial income75€25k€2k▼
Financial charges65/66B€32k€39k▲
Recurring financial charges65€29k€39k▲
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€178k€20k▼
Income taxes67/77€37k€4k▼
Profit (loss) for the period9904€141k€16k▼
Profit (loss) for the period to be appropriated9905€141k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€146k€21k▼
Profit (loss) brought forward from the previous period14P€5k€6k▲
Transfer to equity691/2€140k€16k▼
To other reserves6921€140k€16k▼
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €269k ▲10.2%
Operating result €270k, net result €269k, both a record.
31-12
Financial
Equity above €1MEq €1.05M ▲34.3%
6 profitable years in a row build equity to €1.05M.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Equity above €500kEq €541k ▲210%
4 profitable years in a row build equity to €541k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 7.91
Current ratio from 2.39 to 7.91; short-term debt falls from €51k to €24k.
31-12
Financial
Equity above €150kEq €175k ▲17.7%
3 profitable years in a row build equity to €175k.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2011
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.
Vredestraat 633500 HasseltGround area
648 m²
Building footprint
188 m²
Volume, LiDAR
1,403 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BELUFIN
since 20112.198.238.843
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0464/00A002 | Flanders | 432 m² | 1 · 103 m² | 9.2 m · 2 fl. |
| 71326F0179/00H005 | Flanders | 216 m² | 1 · 84 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 1 entry · 144 EUR awarded · 144 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 144 EUR | 144 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600WZ3B54YMLJGP59
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Of 11,216 companies in sector 82100 we hold annual accounts for 3,513. 1,401 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2011
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.