BELUX SPAS

Active

Private limited companyfounded 2021active for 5 yearsRue Légipont 13A, 4671 Blégny, BelgiumKBO/BCE: BE 0768.448.450

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of BELUX SPAS is 2.3% (moderate). The 2025 annual accounts show equity of €125,015 and a net result of €55,228. Equity is growing by about 88% per year across the filed financial years. Its solvency ranks better than 20% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

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BELUX SPASActiveChecked score 53/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 17-05-2021 Normal situation
Legal form: Private limited company
Registered office: Rue Légipont 13A, 4671 Blégny
Activity: Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Establishment unit: 2.320.552.774 4870 Trooz, since 17-05-2021
Financial year end: 31 December
Peppol: Reachable since 30-03-2025

Company details

Who decides

Board

SALME VanessaDirector

Board & ownership

How it is doing

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.3%

Annual accounts 2025

Gross margin: €105,800; ▲ 45.5%
Turnover: ≈ €330,000; estimated
Profit: €55,228; ▲ 50.8%
Equity: €125,015; ▲ 79.1%
Total assets: €696,865; ▲ 159%
Staff: ≈ 0.4 FTE; estimated

2025 accounts filed 46 days late

Filed on 15-09-2026at the National Bank

Financials

Why 53raises riskLast filed accounts filed 46 days late; 3 of the last 3 lateFounded in 20211 change of registered office in 24 monthslowers riskSize: total assets €696,865Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 44% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 43-8

equity 17.9% of total assets

Liquidity 19-20

short-term debt 73.8% · cash 7.1%

Profitability 79-7

return on assets 7.9%

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 3.0% 12-2024: 3.0%● unchanged vs 11-2024 01-2025: 2.6%▼ -0.4 percentage points vs 12-2024 02-2025: 2.5%▼ -0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 2.6%● unchanged vs 04-2025 06-2025: 4.5%▲ +1.9 percentage points vs 05-2025 07-2025: 4.5%● unchanged vs 06-2025 08-2025: 5.3%▲ +0.8 percentage points vs 07-2025 09-2025: 5.4%▲ +0.1 percentage points vs 08-2025 10-2025: 8.1%▲ +2.7 percentage points vs 09-2025 11-2025: 8.4%▲ +0.3 percentage points vs 10-2025 12-2025: 9.2%▲ +0.8 percentage points vs 11-2025 01-2026: 11.6%▲ +2.4 percentage points vs 12-2025highest value 02-2026: 7.0%▼ -4.6 percentage points vs 01-2026 03-2026: 7.0%● unchanged vs 02-2026 04-2026: 7.4%▲ +0.4 percentage points vs 03-2026 05-2026: 8.2%▲ +0.8 percentage points vs 04-2026 06-2026: 8.1%▼ -0.1 percentage points vs 05-2026 07-2026: 8.0%▼ -0.1 percentage points vs 06-2026 08-2026: 8.6%▲ +0.6 percentage points vs 07-2026 09-2026: 9.2%▲ +0.6 percentage points vs 08-2026 10-2026: 2.3%▼ -6.9 percentage points vs 09-2026lowest value

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.88, compared with 0.74 in 2024, below 1; short-term debt: 73.8% and cash: 7.1% of total assets), and 82.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 20% on solvency, 11% on liquidity, 57% on profitability and 89% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Last filed accounts filed 46 days late; 3 of the last 3 late

NBB · filings

Founded in 2021

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

1 change of registered office in 24 months

Belgian Official Gazette

Size: total assets €696,865

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 34855 sector peers (2025).

NBB · sector comparison

Position among 34855 sector peers

Solvency

better than 20%

← weakest strongest →

2025 accounts filed 46 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 5 filings

Deviation from the deadline

2025

46 days late

2024

162 days late

2023

68 days late

2022

107 days late

2021

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 83 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 October (4 of the last 5 filed years within 38 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Equity rose in 2025from €69,787 to €125,015 ▲ 79.1% View
Positive: Among the best 13% on net resultsector median €10,232 · 34,842 companies €55,228 View

Documents

Key facts about BELUX SPAS

What is the company number of BELUX SPAS?: 0768.448.450. In Belgium the VAT number is the company number with BE in front: BE 0768.448.450.
Where is BELUX SPAS based?: The registered office is at Rue Légipont 13A, 4671 Blégny.Company details
What does BELUX SPAS do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of BELUX SPAS?: Private limited company (BV).
When was BELUX SPAS founded?: On 17-05-2021.
Is BELUX SPAS still active?: Yes, BELUX SPAS is an active enterprise in the KBO register.
What is the turnover of BELUX SPAS?: ≈ €330,000 in financial year 2025. Estimated from the gross margin of €105,800: probably between €260,000 and €390,000, based on 86 comparable companies, NACE 432.Financials
Is BELUX SPAS profitable?: In financial year 2025, BELUX SPAS made a profit of €55,228.
Where can I find the annual accounts of BELUX SPAS?: BELUX SPAS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BELUX SPAS due?: By 31-07-2027, for financial year 2026.Timeline