Belvie
ActiveBelvie has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €369k and a net result of €64k. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 2526 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-5
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 9.47 against 11.78 in 2024; short-term debt: 9.1% and cash: 23.1% of total assets), and 9.3% 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 · 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
90.7%
Return on assets
15.6%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €369k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
12 d late
2023
26 d late
2022
7 d late
2021
2 d early
2020
30 d late
2019
4 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€369k▲ 20.8%
2024 · €305k
2018: €514k
2019: €520k
2020: €527k
2021: €395k
2022: €416k
2023: €276k
2024: €305k
2018 → 2025
Total assets
€406k▲ 22.1%
2024 · €333k
2018: €767k
2019: €746k
2020: €746k
2021: €596k
2022: €592k
2023: €317k
2024: €333k
2018 → 2025
Net result
€64k▼ 3.4%
2024 · €66k
2018: €79k
2019: €6k
2020: €8k
2021: €-5k
2022: €21k
2023: €11k
2024: €66k
2018 → 2025
Working capital
€314k▲ 6.0%
2024 · €296k
2018: €316k
2019: €283k
2020: €282k
2021: €508k
2022: €493k
2023: €246k
2024: €296k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€395k-€416k▲ 5.4%€276k▼ 33.7%€305k▲ 10.6%€369k▲ 20.8%
Operating result€-8k-€21k€12k▼ 44.4%€91k▲ 662%€86k▼ 5.2%
Net result€-5k-€21k€11k▼ 49.1%€66k▲ 507%€64k▼ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€56k▲ 487%
Current assets
€351k▲ 8.5%
Equity and liabilities €406k
Equity
€369k▲ 20.8%
Debt
€38k▲ 36.4%
The debt ratio rises from 8.3% to 9.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▼
2024 · €93k
Cash flow
€69k▲
2024 · €68k
Solvency
90.7%▼
2024 · 91.7%
Current ratio
9.47▼
2024 · 11.78
Quick ratio
7.59▼
2024 · 10.87
Debt / equity
0.10▲
2024 · 0.09
ROE
17.2%▼
2024 · 21.5%
ROA
15.6%▼
2024 · 19.8%
Interest coverage
266.34▲
2024 · 167.55
Debt
€38k▲
2024 · €28k
Debt ≤ 1 year
€37k▲
2024 · €27k
Income taxes
€28k▼
2024 · €31k
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€333k€406k▲
Fixed assets21/28€9k€56k▲
Tangible fixed assets22/27€9k€56k▲
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€3k€5k▲
Other tangible fixed assets26-€42k
Assets under construction and advance payments27-€3k
Current assets29/58€323k€351k▲
Amounts receivable after more than one year29€120k€114k▼
Other amounts receivable291€120k€114k▼
Stocks and contracts in progress3€25k€70k▲
Stocks30/36€25k€70k▲
Amounts receivable within one year40/41€32k€68k▲
Trade receivables40€28k€40k▲
Other amounts receivable41€4k€28k▲
Cash at bank and in hand54/58€141k€94k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€333k€406k▲
Equity10/15€305k€369k▲
Contributions10/11€49k€49k=
Reserves13€257k€320k▲
Distributable reserves133€257k€320k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€28k€38k▲
Amounts payable within one year42/48€27k€37k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€19k€29k▲
Taxes450/3€19k€29k▲
Remuneration and social security454/9€150€0▼
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€124€597▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€13k€0▼
Gross operating margin9900€111k€95k▼
Operating profit (loss)9901€91k€86k▼
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€555€342▼
Recurring financial charges65€555€342▼
Profit (loss) for the period before taxes9903€97k€92k▼
Income taxes67/77€31k€28k▼
Profit (loss) for the period9904€66k€64k▼
Profit (loss) for the period to be appropriated9905€66k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€64k▼
Transfer from equity791/2€37k€0▼
Transfer to equity691/2€66k€64k▼
To other reserves6921€66k€64k▼
Profit to be distributed694/7€37k€0▼
Return on contributions (dividend)694€37k€0▼
The notes to these accounts (6 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-5k ▼165%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2006
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.
Martelarenlaan 2013010 LeuvenGround area
176 m²
Building footprint
151 m²
Volume, LiDAR
862 m³
Parcel 24483E0272/00T003, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Koli3
since 20062.151.186.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0272/00T003 | Flanders | 176 m² | 1 · 151 m² | 9.5 m · 3 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
2022 to 2023 · 2 entries · 560 EUR awarded · 560 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 108 EUR | 108 EUR |
| 2022 | 1 | 452 EUR | 452 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,546 companies in sector 95290 we hold annual accounts for 414. 274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2005
Fiscal year end31-12
Activities, NACEBEL
95290Repair and maintenance of other personal and household goods
52740
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.