Belzis
ActiveSummary
The computed 12-month bankruptcy probability of Belzis is 2.4% (moderate). The 2025 annual accounts show negative equity (-€733,719) and a net result of -€508,463. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 11,261 sector peers (NACE 68, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 22-03-2019 Normal situation
- Registered office
- 27 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Buying and selling of own real estate NACE 68110
- Establishment unit
- 2.291.410.709 2800 Mechelen, since 22-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- A-STAR GROUPDirector · permanent representative Ben Van Loo
- DIGERSODirector · permanent representative Timothy Cristian Thiers
- DisergoDirector
- A-STAR GROUP50%2025 annual accounts of A-STAR GROUP
- DIGERSO50%· score 9230-09-2025 annual accounts of DIGERSO
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Gross margin
- -€198,818
- Loss
- €508,463
- ▲ 473%
- Equity
- -€733,719
- ▼ 226%
- Total assets
- €6.6m
- ▼ 8.1%
- Negative equity on 31-12-2025
- 2025 accounts filed 76 days after the deadline
Score breakdownraises riskLiquidity: current ratio 2.19, cash €4,274Last filed accounts filed 76 days late; 3 of the last 3 accounts lateNegative equity -€733,719lowers riskSize: total assets €6.6mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 6% of them on solvency, 21% on liquidity, 12% on profitability and 2% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 72 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€733,719 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€508,463 View
- Caution: Result fell in 2025from -€88,724 to -€508,463 ▼ 473% View
- Caution: Lower net result than 95% of companies in real estatesector median €9,999 · 11,252 companies -€508,463 View
Recent changes
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: DIGERSO (director) and A-STAR GROUP (director) · Appointments: DIGERSO (director) and A-STAR GROUP (director) · Permanent representatives: Timothy Cristian Thiers and Ben Van Loo
- · Gazette deed Permanent representatives: Ben Van Loo and Steven SchulteResignation: AB nv (director)
- · Gazette deed 2 directors appointedPermanent representatives: Steven Schulte, Ben Van Loo and Timothy Cristián Thiers · Appointments: AB nv (director) and Digerso nv (director)
Comparable companies
These companies have the same main activity as Belzis: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €4.6m and €8.3m, founded between 2015 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| Belzis Mechelen | €6.6m | -€0.2m |
| CAM DEVELOPMENT Knokke-Heist | €7.2m | -€0.007m |
| STARLEADS Etterbeek | €7.6m | -€0.005m |
| LOTZ IMMO Ukkel | €8.3m | -€0.04m |
| RV INVESTMENT Deerlijk | €4.6m | -€0.007m |
| PROVESTEL Brugge | €7.6m | -€0.2m |
| Maison Osaín Kontich | €7.7m | -€0.1m |
Key facts about Belzis
- What is the company number of Belzis?
- The company number of Belzis is 0723.515.575. The VAT number is the same number with BE in front: BE 0723.515.575.
- Where is Belzis based?
- The registered office is at Begijnenweide 3, 2800 Mechelen.Company details
- What does Belzis do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Belzis?
- The legal form of Belzis is Private limited company (BV).
- When was Belzis founded?
- Belzis was founded on 22-03-2019.
- Is Belzis still active?
- Yes, Belzis is an active enterprise in the KBO register.
- What is the turnover of Belzis?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Belzis profitable?
- In financial year 2025, Belzis made a loss of €508,463.
- Where can I find the annual accounts of Belzis?
- Belzis filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Belzis due?
- Belzis must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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