BILLISA
ActiveSummary
BILLISA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,665 and a net result of €39,918. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 2300 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▲+55
Solvency28▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.62 in 2024; short-term debt: 31.9% and cash: 3.2% of total assets), and 96.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
3.4%
Return on assets
2.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2300 sector peers (2025).
NBB · sector comparisonPosition among 2300 sector peers
Solvency
better than 16%
← weakest
strongest →
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
202122232425
2020 to 2025 · latest year €47,665
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-03-2026, 51 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
51 d late
2024
4 d late
2023
on the day
2022
13 d late
2021
189 d late
2020
270 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 88 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€47,665▲ 515%
2024 · €7,746
Total assets
€1.4m▲ 353%
2024 · €313,877
Net result
€39,918
2024 · -€29,770
Working capital
-€293,655▼ 669%
2024 · -€38,206
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,965€5,571▼ 65.1%€27,050▲ 386%-€24,114€44,626
Net result€15,592€1,513▼ 90.3%€34,454▲ 2,177%-€29,770€39,918
Equity€1,549€3,063▲ 97.7%€37,517▲ 1,125%€7,746▼ 79.4%€47,665▲ 515%
Total assets€120,734▼ 40.2%€412,546▲ 242%€445,935▲ 8.1%€313,877▼ 29.6%€1.4m▲ 353%
Debt€119,184▼ 45.5%€409,483▲ 244%€408,419▼ 0.3%€306,130▼ 25.0%€1.4m▲ 349%
Working capital-€94,456▲ 44.2%-€104,099▼ 10.2%-€58,348▲ 43.9%-€38,206▲ 34.5%-€293,655▼ 669%
Staff (FTE)2▲ 100%2=2.9▲ 45.0%0.7▼ 75.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets +353% on 2024. Cause not known from the registers.
- 2022 Total assets +242% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €44,626 after a loss of €24,114 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.3m ▲ 403%
Current assets
€159,738 ▲ 154%
Equity and liabilities €1.4m
Equity
€47,665 ▲ 515%
Debt
€1.4m ▲ 349%
Debt's share of the balance-sheet total falls from 97.5% to 96.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€100,786▲
2024 · -€7,992
Cash flow
€96,079▲
2024 · -€13,648
Current ratio
0.35▼
2024 · 0.62
Debt to equity
28.84▼
2024 · 39.52
ROE
83.7%▲
2024 · -384.3%
ROA
2.8%▲
2024 · -9.5%
Interest coverage
4.76▲
2024 · -1.41
Debt ≤ 1 year
€453,393▲
2024 · €101,118
Debt > 1 year
€911,590▲
2024 · €198,344
Income taxes
€7,504
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,600 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.6%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,600 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €14,448 | €41,079 | €56,699 | €23,837 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,162 | €23,258 | €28,722 | €16,123 | €56,160 | ▲ 248% |
| Other operating charges640/8 | €1,679 | €36,811 | €5,607 | €3,126 | €8,158 | ▲ 161% |
| Non-recurring operating charges66A | - | - | - | €36,366 | - | - |
| Gross operating margin9900 | €44,254 | €106,719 | €118,077 | €55,337 | €108,944 | ▲ 96.9% |
| Operating profit (loss)9901 | €15,965 | €5,571 | €27,050 | -€24,114 | €44,626 | ▲ 285% |
| Financial income75/76B | - | €53 | €18,772 | - | €23,982 | - |
| Recurring financial income75 | - | €53 | €220 | - | €23,982 | - |
| Non-recurring financial income76B | - | - | €18,552 | - | €23,982 | - |
| Financial charges65/66B | €373 | €4,111 | €5,288 | €5,656 | €21,185 | ▲ 275% |
| Recurring financial charges65 | €373 | €4,111 | €5,288 | €5,656 | €21,185 | ▲ 275% |
| Profit (loss) for the period before taxes9903 | €15,592 | €1,513 | €40,534 | -€29,770 | €47,423 | ▲ 259% |
| Income taxes67/77 | - | - | €6,080 | - | €7,504 | - |
| Profit (loss) for the period9904 | €15,592 | €1,513 | €34,454 | -€29,770 | €39,918 | ▲ 234% |
| Profit (loss) for the period to be appropriated9905 | €15,592 | €1,513 | €34,454 | -€29,770 | €39,918 | ▲ 234% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,734 | €412,546 | €445,935 | €313,877 | €1.4m | ▲ 353% |
| Fixed assets21/28 | €96,005 | €356,849 | €349,529 | €250,964 | €1.3m | ▲ 403% |
| Intangible fixed assets21 | €68,645 | €60,645 | €52,645 | - | - | - |
| Tangible fixed assets22/27 | €27,360 | €296,204 | €296,884 | €250,964 | €1.3m | ▲ 403% |
| Land and buildings22 | - | €268,630 | €254,680 | €240,730 | €1.3m | ▲ 421% |
| Plant, machinery and equipment23 | €7,593 | €9,843 | €25,862 | - | - | - |
| Furniture and vehicles24 | €8,620 | €7,097 | €7,240 | €498 | €85 | ▼ 83.0% |
| Other tangible fixed assets26 | €11,147 | €10,635 | €9,101 | €9,737 | €7,914 | ▼ 18.7% |
| Current assets29/58 | €24,729 | €55,697 | €96,406 | €62,912 | €159,738 | ▲ 154% |
| Amounts receivable within one year40/41 | €250 | €6,254 | €7,117 | €58,023 | €114,701 | ▲ 97.7% |
| Trade receivables40 | - | €6,254 | - | €50,000 | €114,701 | ▲ 129% |
| Other amounts receivable41 | €250 | - | €7,117 | €8,023 | - | - |
| Cash at bank and in hand54/58 | €23,718 | €48,180 | €87,983 | €4,389 | €45,037 | ▲ 926% |
| Deferred charges and accrued income490/1 | €760 | €1,263 | €1,306 | €501 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,734 | €412,546 | €445,935 | €313,877 | €1.4m | ▲ 353% |
| Equity10/15 | €1,549 | €3,063 | €37,517 | €7,746 | €47,665 | ▲ 515% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€18,451 | -€16,937 | €17,517 | -€12,254 | €27,665 | ▲ 326% |
| Amounts payable17/49 | €119,184 | €409,483 | €408,419 | €306,130 | €1.4m | ▲ 349% |
| Amounts payable after more than one year17 | - | €245,120 | €247,808 | €198,344 | €911,590 | ▲ 360% |
| Financial debts170/4 | - | €245,120 | €247,808 | €198,344 | €911,590 | ▲ 360% |
| Amounts payable within one year42/48 | €119,184 | €159,796 | €154,754 | €101,118 | €453,393 | ▲ 348% |
| Current portion of amounts payable after more than one year42 | - | €11,389 | €11,575 | €43,294 | €55,313 | ▲ 27.8% |
| Financial debts43 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Other loans439 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Trade debts44 | €32,082 | €43,791 | €22,204 | €13,017 | €8,963 | ▼ 31.1% |
| Suppliers440/4 | €32,082 | €43,791 | €22,204 | €13,017 | €8,963 | ▼ 31.1% |
| Taxes, remuneration and social security45 | €4,160 | €9,716 | €26,314 | - | €5,914 | - |
| Taxes450/3 | €186 | €6,159 | €10,143 | - | €5,914 | - |
| Remuneration and social security454/9 | €3,974 | €3,557 | €16,171 | - | - | - |
| Other amounts payable47/48 | €72,943 | €84,900 | €84,661 | €34,808 | €373,202 | ▲ 972% |
| Accrued charges and deferred income492/3 | - | €4,567 | €5,856 | €6,667 | €9,889 | ▲ 48.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,592 | €1,513 | €34,454 | -€29,770 | €39,918 | ▲ 234% |
| + Depreciation and write-downs630 | €12,162 | €23,258 | €28,722 | €16,123 | €56,160 | ▲ 248% |
| Operating cash flow (approximation) | €27,754 | €24,772 | €63,176 | -€13,648 | €96,079 | ▲ 804% |
| Investment in fixed assets (approximation) | - | -€284,102 | -€21,402 | €82,442 | -€1.1m | ▼ 1,395% |
| Change in cash | - | €24,461 | €39,803 | -€83,594 | €40,648 | ▲ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 51 days late
2025
30-06
Financial
Back to profitnet €39,918
Net result €39,918 after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 189 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 270 days late
30-06
Financial
Back to profitnet €15,592
Net result €15,592 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Asse · 1 establishment unit since 2019
Ground area
1,176 m²
Building footprint
186 m²
Parcel 23095A0002/00R003, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BILLISA
since 20192.292.197.397
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095A0002/00R003 | Flanders | 1,175 m² | 1 · 186 m² | - |
Linked by address, not proof of ownership
Good to know
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 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 6,892 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-08-2019
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732487481
Also
9925:BE0732487481
Registered
08-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.