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BELZ

Active
Private limited companyfounded 197848 yrs activeBeneden Vrijlegem 44, 1730 Asse, BelgiumKBO/BCE: BE 0418.776.615
Summary

BELZ has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,494 and a net result of €8,480. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 2227 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121NACE 74203
#4 oldest company in Asse, Professional and technical services sector1 site
Size
€126,253total assets 2025
Equity
€75,494
Profit
€8,480
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 44 d early0 of 4 deeds read
Why 93+ Founded in 1978+ Size: total assets €126,253+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Figures for FY 2025 (filed 17-03-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 47% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 85+13
equity 59.8% of total assets
Liquidity 50+1
short-term debt 31.3% · cash 10.4%
Profitability 77+1
return on assets 6.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,633 companies)
Last 15 months 08-2025: < 0.1%lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%▲ +2.5% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +31.7% vs 03-2026highest value 05-2026: 0.1%● 0.0% vs 04-2026highest value 06-2026: 0.1%● 0.0% vs 05-2026highest value 07-2026: 0.1%● 0.0% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value
  • Founded in 1978 lowers the probability for this profile
  • Size: total assets €126,253 lowers the probability for this profile
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • Figures for FY 2025 (filed 17-03-2026) lowers the probability
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.13 in 2024; short-term debt: 31.3% and cash: 10.4% of total assets), and 40.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 57%, liquidity 30%, profitability 44%, growth against the median 59%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Founded in 1978
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €126,253
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Figures for FY 2025 (filed 17-03-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
48 d early
2023
33 d early
2022
25 d early
2021
47 d early
2020
45 d early
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Oldest company in Asse, Professional and technical services…in the Checked rankings #4 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €8,480 7 years View
  • Active since 1978founded 29-09-1978 48 years View

By topic

Financials

Fiscal year
2025
Total assets
€126,253
Profit
€8,480
Solvency
59.8%
Total assets▼ 12.3%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 30-04-2027
  1. 17-03-2026Annual accounts filed
  2. 13-03-2025Annual accounts filed
  3. 28-03-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
29-09-1978
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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