Skip to content

BELURIA

Active
Public limited companyfounded 199530 yrs activeSint-Jakobsstraat 70, 8000 Brugge, BelgiumKBO/BCE: BE 0456.843.373
Summary

BELURIA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €471k and a net result of €-400k. Equity is shrinking by ~12.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability11▼-3
Solvency32▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity short (current ratio 0.88 against 0.93 in 2024; short-term debt: 92.2% and cash: 0.3% of total assets), and 92.8% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-400k
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
13 d early
2023
12 d early
2022
21 d early
2021
16 d early
2020
3 d early
2019
16 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-400k▼ 42.4%
2024 · €-281k
Working capital
€-752k▼ 70.7%
2024 · €-440k
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
Operating result€2k€-964€-320k▼ 33,068%€-214k▲ 33.0%€-398k▼ 85.5%
Net result€-551k€-18k▲ 96.7%€-288k▼ 1,489%€-281k▲ 2.5%€-400k▼ 42.4%
Equity€1.46M▼ 27.4%€1.44M▼ 1.2%€1.15M▼ 20.0%€870k▼ 24.4%€471k▼ 45.9%
Total assets€7.46M▼ 7.8%€7.45M▼ 0.2%€7.43M▼ 0.2%€6.93M▼ 6.7%€6.54M▼ 5.7%
Debt€6.00M▼ 1.4%€6.01M▲ 0.1%€6.28M▲ 4.6%€6.06M▼ 3.4%€6.07M▲ 0.1%
Working capital€-114k€-47k▲ 58.9%€-243k▼ 422%€-440k▼ 80.9%€-752k▼ 70.7%
Result per fiscal year
Operating resultNet result
€-600k€-400k€-200k€0Operating result 2021: €2k€2kNet result 2021: €-551k€-551kOperating result 2022: €-964€-964Net result 2022: €-18k€-18kOperating result 2023: €-320k€-320kNet result 2023: €-288k€-288kOperating result 2024: €-214k€-214kNet result 2024: €-281k€-281kOperating result 2025: €-398k€-398kNet result 2025: €-400k€-400k20212022202320242025€-400k€-300k€-200k€-100k€0Operating result 2023: €-320k€-320kNet result 2023: €-288k€-288kOperating result 2024: €-214k€-214kNet result 2024: €-281k€-281kOperating result 2025: €-398k€-398kNet result 2025: €-400k€-400k202320242025
The operating result stays negative: a loss of €398k in 2025 against €214k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.54M
Fixed assets €1.26M ▼ 4.8%
Current assets €5.27M ▼ 5.9%
Equity and liabilities €6.54M
Equity €471k ▼ 45.9%
Debt €6.07M ▲ 0.1%
Debt's share of the balance-sheet total rises from 87.4% to 92.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-319k▼
2024 · €-133k
Cash flow
€-321k▼
2024 · €-199k
Current ratio
0.88▼
2024 · 0.93
Debt to equity
12.89▲
2024 · 6.97
ROE
-84.9%▼
2024 · -32.2%
ROA
-6.1%▼
2024 · -4.0%
Interest coverage
-1.40▼
2024 · -0.42
Debt ≤ 1 year
€6.03M▼
2024 · €6.05M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.93M€6.54M▼
Fixed assets21/28€1.33M€1.26M▼
Tangible fixed assets22/27€1.33M€1.26M▼
Land and buildings22€1.33M€1.26M▼
Plant, machinery and equipment23€0-
Current assets29/58€5.61M€5.27M▼
Amounts receivable within one year40/41€5.59M€5.25M▼
Trade receivables40€7k€23k▲
Other amounts receivable41€5.59M€5.23M▼
Cash at bank and in hand54/58€10k€16k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€6.93M€6.54M▼
Equity10/15€870k€471k▼
Contributions10/11€1.59M€1.59M=
Capital10€1.59M€1.59M=
Issued capital100€1.59M€1.59M=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€-746k€-1.15M▼
Amounts payable17/49€6.06M€6.07M▲
Amounts payable within one year42/48€6.05M€6.03M▼
Financial debts43€6.00M€6.00M=
Credit institutions430/8€6.00M€6.00M=
Trade debts44€47k€26k▼
Suppliers440/4€47k€26k▼
Accrued charges and deferred income492/3€18k€42k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€79k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€-128k€-314k▼
Operating profit (loss)9901€-214k€-398k▼
Financial income75/76B€247k€226k▼
Recurring financial income75€247k€226k▼
Financial charges65/66B€313k€228k▼
Recurring financial charges65€313k€228k▼
Profit (loss) for the period before taxes9903€-281k€-400k▼
Profit (loss) for the period9904€-281k€-400k▼
Profit (loss) for the period to be appropriated9905€-281k€-400k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-746k€-1.15M▼
Profit (loss) brought forward from the previous period14P€-465k€-746k▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€82k€82k€81k€79k▼ 3.1%
Other operating charges640/8€4k€4k€5k€5k€5k▲ 3.1%
Gross operating margin9900€89k€85k€-233k€-128k€-314k▼ 145%
Operating profit (loss)9901€2k€-964€-320k€-214k€-398k▼ 85.5%
Financial income75/76B€87k€88k€312k€247k€226k▼ 8.2%
Recurring financial income75€87k€88k€312k€247k€226k▼ 8.2%
Financial charges65/66B€641k€105k€280k€313k€228k▼ 27.0%
Recurring financial charges65€641k€105k€280k€313k€228k▼ 27.0%
Profit (loss) for the period before taxes9903€-551k€-18k€-288k€-281k€-400k▼ 42.4%
Profit (loss) for the period9904€-551k€-18k€-288k€-281k€-400k▼ 42.4%
Profit (loss) for the period to be appropriated9905€-551k€-18k€-288k€-281k€-400k▼ 42.4%
Line20212022202320242025Change
Assets
Total assets20/58€7.46M€7.45M€7.43M€6.93M€6.54M▼ 5.7%
Fixed assets21/28€1.57M€1.49M€1.41M€1.33M€1.26M▼ 4.8%
Tangible fixed assets22/27€1.57M€1.49M€1.41M€1.33M€1.26M▼ 4.8%
Land and buildings22€1.57M€1.49M€1.41M€1.33M€1.26M▼ 4.8%
Plant, machinery and equipment23€8k€5k€3k€0--
Current assets29/58€5.89M€5.95M€6.02M€5.61M€5.27M▼ 5.9%
Amounts receivable within one year40/41€5.87M€5.94M€6.01M€5.59M€5.25M▼ 6.1%
Trade receivables40---€7k€23k▲ 227%
Other amounts receivable41€5.87M€5.94M€6.01M€5.59M€5.23M▼ 6.4%
Cash at bank and in hand54/58€11k€14k€5k€10k€16k▲ 72.7%
Deferred charges and accrued income490/1€4k€0€4k€4k€4k▲ 4.8%
Equity and liabilities
Total equity and liabilities10/49€7.46M€7.45M€7.43M€6.93M€6.54M▼ 5.7%
Equity10/15€1.46M€1.44M€1.15M€870k€471k▼ 45.9%
Contributions10/11€1.59M€1.59M€1.59M€1.59M€1.59M=
Capital10€1.59M€1.59M€1.59M€1.59M€1.59M=
Issued capital100€1.59M€1.59M€1.59M€1.59M€1.59M=
Reserves13€25k€25k€25k€25k€25k=
Non-distributable reserves130/1€25k€25k€25k€25k€25k=
Legal reserve130€25k€25k€25k€25k€25k=
Profit (loss) carried forward14€-159k€-177k€-465k€-746k€-1.15M▼ 53.6%
Amounts payable17/49€6.00M€6.01M€6.28M€6.06M€6.07M▲ 0.1%
Amounts payable within one year42/48€6.00M€6.00M€6.26M€6.05M€6.03M▼ 0.3%
Current portion of amounts payable after more than one year42€0-----
Financial debts43€6.00M€6.00M€6.00M€6.00M€6.00M=
Credit institutions430/8€6.00M€6.00M€6.00M€6.00M€6.00M=
Trade debts44€60€1k€265k€47k€26k▼ 44.3%
Suppliers440/4€60€1k€265k€47k€26k▼ 44.3%
Accrued charges and deferred income492/3€2k€6k€15k€18k€42k▲ 140%
Line20212022202320242025Change
Profit (loss) for the period9904€-551k€-18k€-288k€-281k€-400k▼ 42.4%
+ Depreciation and write-downs630€82k€82k€82k€81k€79k▼ 3.1%
Operating cash flow (approximation)€-469k€63k€-206k€-199k€-321k▼ 61.0%
Investment in fixed assets (approximation)-€0€0€0€-15k-
Change in cash-€3k€-9k€5k€7k▲ 42.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-551k
Net result drops to €-551k, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €260k ▲11.3%
Net result €260k, the highest in the series.
31-12
Financial Equity above €2MEq €2.01M ▲14.8%
2 profitable years in a row build equity to €2.01M.
15-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €233k
Net result €233k after one loss-making year.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
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.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Brugge · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
167 m²
Building footprint
167 m²
Volume, LiDAR
1,759 m³
Parcel 31805E1197/00R000, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
BELURIA
Sint-Jakobsstraat 70, 8000 BruggeNACE 70201
since 20002.076.115.051
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31805E1197/00R000
ProtectedMonument · Townscape or village viewHerenhuis Hof de Gros: herenhuis met bijgebouwenSource ↗
Flanders 167 m² 1 · 167 m² 13.4 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formPublic limited company
Founded22-12-1995
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.