BELUFLO
ActiveSummary
BELUFLO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40.9m and a net result of €7.1m. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+25
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 5.82 against 0.44 in 2024; short-term debt: 0.2% and cash: 1.2% of total assets), and 25.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
74.9%
Return on assets
13%
Age of the figures
14 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 · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 31-01-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
33 d early
2023
57 d early
2022
59 d early
2021
54 d early
2020
54 d early
2019
73 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 51 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today. Usually files around 5 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-07-2026 close30-09-2026 today28-02-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7.1m▲ 446%
2024 · €1.3m
Working capital
€552,687
2024 · -€344,548
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, 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€309,488▲ 30.1%€450,537▲ 45.6%€463,616▲ 2.9%€474,118▲ 2.3%€515,940▲ 8.8%
Net result€1.0mabove the sector's middle half€6.1mabove the sector's middle half▲ 509%€1.3mabove the sector's middle half▼ 78.3%€1.3mabove the sector's middle half▼ 1.9%€7.1mabove the sector's middle half▲ 446%
Equity€25.1mabove the sector's middle half▲ 4.2%€31.2mabove the sector's middle half▲ 24.3%€32.5mabove the sector's middle half▲ 4.2%€33.8mabove the sector's middle half▲ 4.0%€40.9mabove the sector's middle half▲ 21.0%
Total assets€39.4mabove the sector's middle half▲ 2.3%€45.7mabove the sector's middle half▲ 16.2%€44.7mabove the sector's middle half▼ 2.2%€44.0mabove the sector's middle half▼ 1.6%€54.6mabove the sector's middle half▲ 23.9%
Debt€14.3m▼ 0.7%€14.6m▲ 1.8%€12.3m▼ 16.0%€10.2m▼ 16.4%€13.7m▲ 33.5%
Working capital€203,471within the sector's middle half€971,451above the sector's middle half▲ 377%€459,221within the sector's middle half▼ 52.7%-€344,548below the sector's middle half€552,687within the sector's middle half
Solvency63.6%within the sector's middle half▲ 1.1pp68.1%within the sector's middle half▲ 4.5pp72.6%above the sector's middle half▲ 4.5pp76.7%above the sector's middle half▲ 4.1pp74.9%above the sector's middle half▼ 1.8pp
Current ratio1.27within the sector's middle half▲ 1.211.96within the sector's middle half▲ 0.691.89within the sector's middle half▼ 0.070.44below the sector's middle half▼ 1.455.82above the sector's middle half▲ 5.39
Return on assets (ROA)2.5%within the sector's middle half▲ 2.9pp13.3%above the sector's middle half▲ 10.8pp3.0%within the sector's middle half▼ 10.4pp2.9%within the sector's middle half=13.0%above the sector's middle half▲ 10.0pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54.6m
Fixed assets
€53.9m ▲ 23.1%
Current assets
€667,263 ▲ 149%
Equity and liabilities €54.6m
Equity
€40.9m ▲ 21.0%
Debt
€13.7m ▲ 33.5%
Debt's share of the balance-sheet total rises from 23.3% to 25.1%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.33▲
2024 · 0.30
ROE
17.4%▲
2024 · 3.8%
Debt ≤ 1 year
€114,577▼
2024 · €612,896
Debt > 1 year
€13.5m▲
2024 · €9.6m
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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €1,711 | €868 | €1,110 | €968 | ▼ 12.9% |
| Gross operating margin9900 | €310,356 | €452,248 | €464,484 | €475,228 | €516,908 | ▲ 8.8% |
| Operating profit (loss)9901 | €309,488 | €450,537 | €463,616 | €474,118 | €515,940 | ▲ 8.8% |
| Financial income75/76B | - | €6.3m | €981,381 | €1.1m | €6.7m | ▲ 518% |
| Recurring financial income75 | €901,591 | €980,010 | €981,381 | €995,354 | €1.2m | ▲ 22.1% |
| Non-recurring financial income76B | - | €5.3m | - | €92,240 | €5.5m | ▲ 5,869% |
| Financial charges65/66B | - | €119,311 | €121,706 | €262,926 | €143,435 | ▼ 45.4% |
| Recurring financial charges65 | €114,755 | €119,311 | €121,706 | €170,686 | €143,435 | ▼ 16.0% |
| Non-recurring financial charges66B | - | - | - | €92,240 | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €6.7m | €1.3m | €1.3m | €7.1m | ▲ 446% |
| Income taxes67/77 | €95,000 | €550,000 | - | - | - | - |
| Profit (loss) for the period9904 | €1.0m | €6.1m | €1.3m | €1.3m | €7.1m | ▲ 446% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €6.1m | €1.3m | €1.3m | €7.1m | ▲ 446% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39.4m | €45.7m | €44.7m | €44.0m | €54.6m | ▲ 23.9% |
| Fixed assets21/28 | €38.4m | €43.8m | €43.8m | €43.8m | €53.9m | ▲ 23.1% |
| Financial fixed assets28 | €38.4m | €43.8m | €43.8m | €43.8m | €53.9m | ▲ 23.1% |
| Current assets29/58 | €949,339 | €2.0m | €974,014 | €268,347 | €667,263 | ▲ 149% |
| Amounts receivable within one year40/41 | €87,673 | €97,276 | €74,165 | €6,288 | €7,656 | ▲ 21.8% |
| Trade receivables40 | - | €96,550 | €74,165 | €1,685 | €1,685 | = |
| Other amounts receivable41 | - | €725 | - | €4,603 | €5,971 | ▲ 29.7% |
| Cash at bank and in hand54/58 | €861,666 | €1.9m | €899,849 | €262,060 | €659,607 | ▲ 152% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39.4m | €45.7m | €44.7m | €44.0m | €54.6m | ▲ 23.9% |
| Equity10/15 | €25.1m | €31.2m | €32.5m | €33.8m | €40.9m | ▲ 21.0% |
| Contributions10/11 | €6.5m | €6.5m | €6.5m | €6.5m | €6.5m | = |
| Capital10 | - | €6.5m | €6.5m | €6.5m | €6.5m | = |
| Issued capital100 | - | €6.5m | €6.5m | €6.5m | €6.5m | = |
| Reserves13 | €6.5m | €12.0m | €12.0m | €12.0m | €12.0m | = |
| Non-distributable reserves130/1 | - | €646,800 | €646,800 | €646,800 | €646,800 | = |
| Legal reserve130 | - | €646,800 | €646,800 | €646,800 | €646,800 | = |
| Distributable reserves133 | - | €11.4m | €11.4m | €11.4m | €11.4m | = |
| Profit (loss) carried forward14 | €12.1m | €12.7m | €14.0m | €15.3m | €22.4m | ▲ 46.3% |
| Amounts payable17/49 | €14.3m | €14.6m | €12.3m | €10.2m | €13.7m | ▲ 33.5% |
| Amounts payable after more than one year17 | €13.5m | €13.5m | €11.7m | €9.6m | €13.5m | ▲ 40.6% |
| Financial debts170/4 | - | €13.5m | €11.7m | €9.6m | €13.5m | ▲ 40.6% |
| Amounts payable within one year42/48 | €745,868 | €1.0m | €514,794 | €612,896 | €114,577 | ▼ 81.3% |
| Trade debts44 | €868 | €868 | €868 | €2,896 | €3,159 | ▲ 9.1% |
| Suppliers440/4 | - | €868 | €868 | €2,896 | €3,159 | ▲ 9.1% |
| Taxes, remuneration and social security45 | - | €597,460 | €3,926 | - | €1,418 | - |
| Taxes450/3 | - | €597,460 | €3,926 | - | €1,418 | - |
| Other amounts payable47/48 | - | €410,000 | €510,000 | €610,000 | €110,000 | ▼ 82.0% |
| Accrued charges and deferred income492/3 | - | €41,091 | €38,779 | €36,225 | €70,597 | ▲ 94.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €6.1m | €1.3m | €1.3m | €7.1m | ▲ 446% |
| Operating cash flow (approximation) | €1.0m | €6.1m | €1.3m | €1.3m | €7.1m | ▲ 446% |
| Investment in fixed assets (approximation) | - | -€5.3m | €0 | €0 | -€10.1m | - |
| Change in cash | - | €1.0m | -€982,654 | -€637,789 | €397,548 | ▲ 162% |
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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
Financial
Highest result since 2019net €7.1m ▲446%
Operating result €515,940, net result €7.1m, both a record.
31-07
Financial
Liquidity times 13current ratio 5.82
Current ratio from 0.44 to 5.82; short-term debt falls from €612,896 to €114,577.
26-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
Financial
Back to profitnet €1.0m
Net result €1.0m after one loss-making year.
31-07
Financial
Liquidity times 20current ratio 1.27
Current ratio from 0.06 to 1.27; short-term debt falls from €852,054 to €745,868.
31-07
Financial
Equity above €25mEq €25.1m ▲4.2%
Equity rises from €24.1m to €25.1m.
01-07
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor appointment
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-07
Financial
Weakest financial yearnet -€139,564
Net result drops to -€139,564, the lowest in the series; recovery starts the following year.
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Brussel · 1 establishment unit since 2000
Ground area
437 m²
Building footprint
415 m²
Volume, LiDAR
14,382 m³
Parcel 21805E0539/00F000, Brussels · tallest building 44.7 m, ±11 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Marnixlaan 19 A, 1000 Brussel
since 20002.094.062.031
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0539/00F000 | Brussels | 437 m² | 1 · 415 m² | 44.7 m · 11 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.
Structure & network
Owners and holdings
5 holdingsOwners 0
The accounts to 31-07-2025 list no shareholders, and no other source names one.
Holdings 5
-
40.13%
-
24%
-
10.97%
-
4.97%
-
0.01%
According to the annual accounts to 31-07-2025 of BELUFLO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
8945008MK6VQMQ3M9D85
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,907. 114 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
Founded05-06-2000
Fiscal year end31-07
Activities, NACEBEL 2025
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472039711
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.