BELVIEW OFFICE
ActiveBELVIEW OFFICE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.48M and a net result of €181k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 29% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+1
Solvency41▼-1
Growth49▲+17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 11.14 against 78.25 in 2024; short-term debt: 1.8% and cash: 12.8% of total assets), but 83.9% 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
16.1%
Return on assets
1.2%
Age of the figures
9 mo
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
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
29 d early
2023
33 d early
2022
28 d early
2021
39 d early
2020
57 d early
2019
45 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.44M▲ 3.4%
2024 · €1.39M
2018: €1.47M
2019: €1.50M
2020: €1.52M
2021: €1.53M
2022: €1.32M
2023: €1.28M
2024: €1.39M
2018 → 2025
EBIT margin
58.3%▲ 6.2pp
2024 · 52.1%
2018: 56.2%
2019: 57.1%
2020: 58.4%
2021: 57.2%
2022: 51.4%
2023: 45.7%
2024: 52.1%
2018 → 2025
Net result
€181k▲ 81.7%
2024 · €100k
2018: €156k
2019: €184k
2020: €215k
2021: €205k
2022: €58k
2023: €-15k
2024: €100k
2018 → 2025
Working capital
€2.75M▲ 8.5%
2024 · €2.54M
2018: €886k
2019: €620k
2020: €801k
2021: €1.29M
2022: €1.69M
2023: €2.10M
2024: €2.54M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.53M-€1.32M▼ 13.5%€1.28M▼ 3.3%€1.39M▲ 8.6%€1.44M▲ 3.4%
Equity€2.46M-€2.46M▲ 0.1%€2.45M▼ 0.6%€2.55M▲ 4.1%€2.48M▼ 2.8%
Operating result€876k-€681k▼ 22.3%€585k▼ 14.1%€725k▲ 23.9%€839k▲ 15.6%
Net result€205k-€58k▼ 71.7%€-15k€100k€181k▲ 81.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.36M
Fixed assets
€12.33M▼ 2.4%
Current assets
€3.02M▲ 17.6%
Equity and liabilities €15.36M
Equity
€2.48M▼ 2.8%
Debt
€12.88M▲ 1.8%
The debt ratio rises from 83.2% to 83.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.21M▲
2024 · €1.11M
Cash flow
€554k▲
2024 · €487k
Solvency
16.1%▼
2024 · 16.8%
Current ratio
11.14▼
2024 · 78.25
Quick ratio
11.14▼
2024 · 78.25
Debt / equity
5.20▲
2024 · 4.97
ROE
7.3%▲
2024 · 3.9%
ROA
1.2%▲
2024 · 0.7%
Interest coverage
2.02▲
2024 · 1.85
Debt
€12.88M▲
2024 · €12.66M
Debt ≤ 1 year
€271k▲
2024 · €33k
Debt > 1 year
€12.00M=
2024 · €12.00M
Income taxes
€60k▲
2024 · €28k
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€15.21M€15.36M▲
Fixed assets21/28€12.64M€12.33M▼
Tangible fixed assets22/27€12.63M€12.33M▼
Land and buildings22€12.63M€12.33M▼
Financial fixed assets28€5k€5k=
Other financial fixed assets284/8€5k€5k=
Amounts receivable and cash guarantees285/8€5k€5k=
Current assets29/58€2.57M€3.02M▲
Amounts receivable within one year40/41€7k€9k▲
Other amounts receivable41€7k€9k▲
Cash at bank and in hand54/58€1.40M€1.97M▲
Deferred charges and accrued income490/1€1.17M€1.04M▼
Equity and liabilities
Total equity and liabilities10/49€15.21M€15.36M▲
Equity10/15€2.55M€2.48M▼
Contributions10/11€2.40M€2.40M=
Capital10€2.40M€2.40M=
Issued capital100€2.40M€2.40M=
Reserves13€66k€75k▲
Non-distributable reserves130/1€66k€75k▲
Legal reserve130€66k€75k▲
Profit (loss) carried forward14€80k-
Amounts payable17/49€12.66M€12.88M▲
Amounts payable after more than one year17€12.00M€12.00M=
Financial debts170/4€12.00M€12.00M=
Other loans174€12.00M€12.00M=
Amounts payable within one year42/48€33k€271k▲
Trade debts44€30k€16k▼
Suppliers440/4€30k€16k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48-€252k
Accrued charges and deferred income492/3€625k€609k▼
Income statement
Code20242025
Operating income70/76A€1.39M€1.44M▲
Turnover70€1.39M€1.44M▲
Operating charges60/66A€666k€600k▼
Services and other goods61€278k€227k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€387k€372k▼
Other operating charges640/8€968€998▲
Operating profit (loss)9901€725k€839k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Income from current assets751€4k€4k▲
Financial charges65/66B€601k€601k=
Recurring financial charges65€601k€601k=
Debt charges650€600k€600k=
Other financial charges652/9€1k€1k▼
Profit (loss) for the period before taxes9903€128k€242k▲
Income taxes67/77€28k€60k▲
Taxes670/3€28k€60k▲
Profit (loss) for the period9904€100k€181k▲
Profit (loss) for the period to be appropriated9905€100k€181k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€261k▲
Profit (loss) brought forward from the previous period14P€-15k€80k▲
Transfer to equity691/2€5k€9k▲
To the legal reserve6920€5k€9k▲
Profit to be distributed694/7-€252k
Return on contributions (dividend)694-€252k
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-15k ▼125%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 25current ratio 779.27
Current ratio from 31.30 to 779.27; short-term debt falls from €56k to €3k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 31.30
Current ratio from 7.53 to 31.30; short-term debt falls from €197k to €56k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €215k ▲17%
Operating result €888k, net result €215k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
24 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, Londerzeel · 1 establishment unit since 2011
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.
Zwaluwstraat 115A1840 LonderzeelGround area
770 m²
Building footprint
229 m²
Volume, LiDAR
1,377 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Zwaluwstraat 113, 1840 Londerzeel
since 20112.229.120.376
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23048E0241/00L002 | Flanders | 545 m² | 1 · 162 m² | 13.1 m · 3 fl. |
| 23048E0241/00T002 | Flanders | 225 m² | 1 · 66 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 2,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-2011
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.