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BELUX INVEST

Active
Private limited company (pre-2019)founded 2008active for 18 yearsHandbooghof 1, 1500 Halle, BelgiumKBO/BCE: BE 0806.826.204

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of BELUX INVEST is 2.7% (moderate). The annual accounts of BELUX INVEST for financial year 2024 show a net loss of 70% of the equity at the start of that year. The 2024 annual accounts show equity of €93,568 and a net result of -€222,607. Equity has been shrinking by about 11% per year since 2018. Its solvency ranks better than 13% of 9,836 sector peers (NACE 41, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 03-10-2008 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Handbooghof 1, 1500 Halle
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.177.305.352 1500 Halle, since 01-10-2008
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board
  • Luckx KurtDirector · since 01-10-2008

Financial position

49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts 2024
Gross margin
-€58,364
▼ 0.1%
Loss
€222,607
▲ 138%
Equity
€93,568
▼ 70.4%
Total assets
€4.4m
▲ 7.9%
Turnover not published (abbreviated or micro format)2025 accounts not filed, 93 days past the deadline
Filed on 30-10-2025PDF
Score breakdownraises riskLiquidity: current ratio 2.12, cash €39,4431 financial year not filed after the legal deadline; last filed accounts filed 91 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 30-10-2025)lowers riskSize: total assets €4.4mShow the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 13% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Weak
Solvency 27-6
equity 2.1% of total assets
Liquidity 30-3
short-term debt 43.4% · cash 0.9%
Profitability 12-4
return on assets -5.1%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 1.5% 12-2024: 1.9%▲ +0.4 percentage points vs 11-2024 01-2025: 1.1%▼ -0.8 percentage points vs 12-2024lowest value 02-2025: 1.2%▲ +0.1 percentage points vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.5%▲ +0.2 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.2 percentage points vs 07-2025 09-2025: 2.1%▲ +0.3 percentage points vs 08-2025 10-2025: 2.3%▲ +0.2 percentage points vs 09-2025 11-2025: 1.2%▼ -1.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.3%▲ +0.1 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.3 percentage points vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.5 percentage points vs 07-2026 09-2026: 2.3%▲ +0.1 percentage points vs 08-2026 10-2026: 2.7%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €4,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 2.12 (2.25 in 2023), above the usual 1.5. Short-term debt is 43.4% and cash 0.9% of total assets. However, 97.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 10% of them on solvency, 32% on liquidity, 7% on profitability and 4% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Eight signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 2.12, cash €39,443
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 91 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 30-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €4.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€222,607
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9836 sector peers (2024).
NBB · sector comparison
Position among 9836 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 91 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
91 days late
2023
135 days late
2022
5 days early
2021
73 days late
2020
90 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 84 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2024 -€222,607 View
  • Caution: Result fell in 2024from -€93,639 to -€222,607 ▼ 138% View
  • Caution: Lower net result than 95% of companies in construction of buildingssector median €7,913 · 9,826 companies -€222,607 View

Documents

Annual accounts at the NBB

All 16 annual accounts

Articles and registers

Key facts about BELUX INVEST

What is the company number of BELUX INVEST?
The company number of BELUX INVEST is 0806.826.204. The VAT number is the same number with BE in front: BE 0806.826.204.
Where is BELUX INVEST based?
The registered office is at Handbooghof 1, 1500 Halle.Company details
What does BELUX INVEST do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BELUX INVEST?
The legal form of BELUX INVEST is Private limited company (pre-2019) (BVBA).
When was BELUX INVEST founded?
BELUX INVEST was founded on 03-10-2008.
Is BELUX INVEST still active?
Yes, BELUX INVEST is an active enterprise in the KBO register.
What is the turnover of BELUX INVEST?
The annual accounts for financial year 2024 state no turnover. The abbreviated or micro format does not require it.Financials
Is BELUX INVEST profitable?
In financial year 2024, BELUX INVEST made a loss of €222,607.
Where can I find the annual accounts of BELUX INVEST?
BELUX INVEST filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as BELUX INVEST: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €3.2m and €4.7m, founded between 2004 and 2011.

CompanyTotal assetsGross margin
BELUX INVEST Halle€4.4m-€0.06m
J. DE MULDER Dilbeek€4.7m-€0.1m
DALBO BUILDING Heusden-Zolder€4.2m-€0.06m
HOF VAN WAAS Gent€4.5m-€206
BOUWKANTOOR GUIDO DEDEYNE Waregem€4.1m-€0.05m
BERTELS WIM BOUWWERKEN Zandhoven€4.0m-€0.5m
MONUMENT REAL ESTATE DEVELOPMENT Ingelmunster€3.2m-€0.06m
Full comparison

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