BELVI
ActiveBELVI has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24.37M and a net result of €239k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 65% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+10
Solvency95▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.8M at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.63 in 2024; short-term debt: 11.2% and cash: 3.3% of total assets), and 29.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
70.3%
Return on assets
0.7%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
18 d early
2021
4 d early
2020
8 d early
2019
68 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€239k
2024 · €-163k
2018: €978k
2019: €558k
2020: €-88k
2021: €40k
2022: €-216k
2023: €279k
2024: €-163k
2018 → 2025
Working capital
€2.15M▲ 25.8%
2024 · €1.71M
2018: €5.04M
2019: €5.41M
2020: €-1.21M
2021: €-838k
2022: €-402k
2023: €-151k
2024: €1.71M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24.23M-€24.02M▼ 0.9%€24.30M▲ 1.2%€24.13M▼ 0.7%€24.37M▲ 1.0%
Operating result€195k-€-41k€207k€212k▲ 2.8%€663k▲ 212%
Net result€40k-€-216k€279k€-163k€239k
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 212% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34.66M
Fixed assets
€28.63M▼ 1.1%
Current assets
€6.04M▲ 37.0%
Equity and liabilities €34.66M
Equity
€24.37M▲ 1.0%
Provisions
€4k▼ 9.7%
Debt
€10.29M▲ 11.7%
The debt ratio rises from 27.6% to 29.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€981k▲
2024 · €528k
Cash flow
€557k▲
2024 · €153k
Solvency
70.3%▼
2024 · 72.4%
Current ratio
1.55▼
2024 · 1.63
Quick ratio
1.55▼
2024 · 1.63
Debt / equity
0.42▲
2024 · 0.38
ROE
1.0%▲
2024 · -0.7%
ROA
0.7%▲
2024 · -0.5%
Interest coverage
2.31▲
2024 · 1.29
Debt
€10.29M▲
2024 · €9.21M
Debt ≤ 1 year
€3.89M▲
2024 · €2.70M
Debt > 1 year
€6.05M▼
2024 · €6.21M
Income taxes
€170▼
2024 · €733
Staff costs
€60k▼
2024 · €70k
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€33.34M€34.66M▲
Fixed assets21/28€28.94M€28.63M▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€9.32M€9.01M▼
Land and buildings22€8.80M€8.59M▼
Furniture and vehicles24€6k€955▼
Other tangible fixed assets26€512k€417k▼
Financial fixed assets28€19.62M€19.62M=
Current assets29/58€4.41M€6.04M▲
Amounts receivable after more than one year29€950k€2.98M▲
Other amounts receivable291€950k€2.98M▲
Amounts receivable within one year40/41€3.20M€1.83M▼
Trade receivables40€388k€213k▼
Other amounts receivable41€2.82M€1.62M▼
Current investments50/53€13k€13k=
Cash at bank and in hand54/58€42k€1.16M▲
Deferred charges and accrued income490/1€196k€46k▼
Equity and liabilities
Total equity and liabilities10/49€33.34M€34.66M▲
Equity10/15€24.13M€24.37M▲
Contributions10/11€72k€72k=
Capital10€72k€72k=
Issued capital100€72k€72k=
Reserves13€3.48M€3.48M=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€8k€7k▼
Distributable reserves133€3.47M€3.47M=
Profit (loss) carried forward14€20.58M€20.82M▲
Provisions and deferred taxes16€4k€4k▼
Deferred taxes168€4k€4k▼
Amounts payable17/49€9.21M€10.29M▲
Amounts payable after more than one year17€6.21M€6.05M▼
Financial debts170/4€6.21M€6.05M▼
Amounts payable within one year42/48€2.70M€3.89M▲
Current portion of amounts payable after more than one year42€494k€1.70M▲
Trade debts44€236k€274k▲
Suppliers440/4€236k€274k▲
Taxes, remuneration and social security45€25k€11k▼
Taxes450/3€16k€11k▼
Remuneration and social security454/9€9k€55▼
Other amounts payable47/48€1.94M€1.90M▼
Accrued charges and deferred income492/3€298k€354k▲
Income statement
Code20242025
Non-recurring operating income76A-€250
Remuneration, social security and pensions62€70k€60k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€316k€318k▲
Other operating charges640/8€103k€85k▼
Gross operating margin9900€701k€1.13M▲
Operating profit (loss)9901€212k€663k▲
Financial income75/76B€34k€570▼
Recurring financial income75€34k€570▼
Financial charges65/66B€409k€425k▲
Recurring financial charges65€409k€425k▲
Profit (loss) for the period before taxes9903€-163k€239k▲
Transfer from deferred taxes780€409€409=
Income taxes67/77€733€170▼
Profit (loss) for the period9904€-163k€239k▲
Transfer from tax-exempt reserves789€795€795=
Profit (loss) for the period to be appropriated9905€-162k€240k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20.58M€20.82M▲
Profit (loss) brought forward from the previous period14P€20.74M€20.58M▼
Social balance
Average headcount (FTE)90870.90.9=
The notes to these accounts (15 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €239k
Net result €239k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €279k
Net result €279k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-216k ▼633%
Net result drops to €-216k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 84 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Houthalen-Helchteren · 1 establishment unit since 1984
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.
Molenweg 413530 Houthalen-HelchterenGround area
3,651 m²
Building footprint
276 m²
Volume, LiDAR
1,688 m³
Parcel 72015B0340/00M000, Flanders · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BELVI
since 19842.023.834.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015B0340/00M000 | Flanders | 3,651 m² | 1 · 276 m² | 15.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2024 · 1 entry · 8,967 EUR awarded · 8,967 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 8,967 EUR | 8,967 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 3,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1983
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.