Financials
- Financial year
- 2024
- Total assets
- €161,025
- Profit
- €47,385
- Solvency
- 30.0%
BILTO
ActiveSummary
The computed 12-month bankruptcy probability of BILTO is 12.2% (high). The 2024 annual accounts show equity of €48,385 and a net result of €47,385. Its solvency ranks better than 32% of 7,409 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211Site preparation NACE 43120
1 site
Size
€161,025total assets 2024
- Staff
- 0.5 FTE
- Equity
- €48,385
- Profit
- €47,385
Turnover not published (abbreviated format)
Structure
Accounts filed 69 days late
Why 31raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 08-10-2025)1 financial year not filed after the legal deadline; latest accounts 69 days late; 1 of the last 3 lateFounded in 2024Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 44% of its sector peers (NACE 43, micro)
Financial strength
Average
Solvency
55
equity 30.0% of total assets
Liquidity
13
short-term debt 70.0% · cash 0.7%
Profitability
100
return on assets 29.4%
Bankruptcy probability, 12 months
12.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 1.9%lowest value
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 2.0%▲ +0.1 percentage points vs 09-2025
11-2025: 4.0%▲ +2.0 percentage points vs 10-2025
12-2025: 4.1%▲ +0.1 percentage points vs 11-2025
01-2026: 4.1%● unchanged vs 12-2025
02-2026: 4.3%▲ +0.2 percentage points vs 01-2026
03-2026: 4.4%▲ +0.1 percentage points vs 02-2026
04-2026: 4.5%▲ +0.1 percentage points vs 03-2026
05-2026: 4.4%▼ -0.1 percentage points vs 04-2026
06-2026: 4.4%● unchanged vs 05-2026
07-2026: 4.7%▲ +0.3 percentage points vs 06-2026
08-2026: 8.9%▲ +4.2 percentage points vs 07-2026
09-2026: 9.1%▲ +0.2 percentage points vs 08-2026
10-2026: 12.2%▲ +3.1 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.29, below the usual 1.5; short-term debt: 70% and cash: 0.7% of total assets), and 70% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 32% on solvency, 8% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 20-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 69 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · abbreviated…
- IncorporationAppointment: VITAYEV Abdul-Malik Makhatchovitch (director)…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 10-07-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Who signs
- Each director alone
- Annual meeting
- First Saturday of June at 10:00
- Purpose
- “De vennootschap heeft tot doel: in de brede zin: algemene bouwwerkzaamheden…” (deed in Dutch)
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