BO é BELLE
ActiveSummary
BO é BELLE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397,244 and a net result of €13,038. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-2
Solvency100▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 5.17 against 2.88 in 2024; short-term debt: 15.9% and cash: 4.2% of total assets), and 23% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 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 · 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
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
77%
Return on assets
2.5%
Age of the figures
12 mo
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
23 d late
2023
on the day
2022
34 d early
2021
3 d early
2020
11 d late
2019
on the day
← 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 on the deadline day; 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€397,244▲ 3.4%
2024 · €384,206
Total assets
€515,699▼ 15.0%
2024 · €606,442
Net result
€13,038▼ 52.9%
2024 · €27,676
Working capital
€341,638▲ 5.0%
2024 · €325,508
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€78,335▼ 51.3%€80,027▲ 2.2%€58,369▼ 27.1%€48,997▼ 16.1%€33,156▼ 32.3%
Net result€51,689▼ 49.6%€56,376▲ 9.1%€38,355▼ 32.0%€27,676▼ 27.8%€13,038▼ 52.9%
Equity€266,800▲ 24.0%€318,175▲ 19.3%€356,530▲ 12.1%€384,206▲ 7.8%€397,244▲ 3.4%
Total assets€534,320▲ 2.5%€566,533▲ 6.0%€631,946▲ 11.5%€606,442▼ 4.0%€515,699▼ 15.0%
Debt€267,520▼ 12.6%€248,357▼ 7.2%€275,416▲ 10.9%€222,235▼ 19.3%€118,455▼ 46.7%
Working capital€396,744▲ 133%€445,475▲ 12.3%€473,038▲ 6.2%€325,508▼ 31.2%€341,638▲ 5.0%
Staff (FTE)2.4▼ 17.2%2.7▲ 12.5%3▲ 11.1%3=3.1▲ 3.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 32% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €515,699
Fixed assets
€92,037 ▼ 14.3%
Current assets
€423,662 ▼ 15.1%
Equity and liabilities €515,699
Equity
€397,244 ▲ 3.4%
Debt
€118,455 ▼ 46.7%
Debt's share of the balance-sheet total falls from 36.6% to 23.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58,328▼
2024 · €58,955
Cash flow
€38,210▲
2024 · €37,634
Current ratio
5.17▲
2024 · 2.88
Quick ratio
4.59▲
2024 · 2.61
Debt to equity
0.30▼
2024 · 0.58
ROE
3.3%▼
2024 · 7.2%
ROA
2.5%▼
2024 · 4.6%
Interest coverage
11.78▼
2024 · 18.32
Debt ≤ 1 year
€82,024▼
2024 · €173,513
Debt > 1 year
€36,431▼
2024 · €47,635
Income taxes
€18,826▲
2024 · €18,460
Staff costs
€93,992▼
2024 · €96,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 16,986 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €44,604 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €74,892 | €88,481 | €102,617 | €96,949 | €93,992 | ▼ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,572 | €13,609 | €9,206 | €9,958 | €25,172 | ▲ 153% |
| Other operating charges640/8 | €1,867 | €571 | €791 | €996 | €622 | ▼ 37.5% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €178,667 | €182,688 | €170,983 | €156,899 | €152,942 | ▼ 2.5% |
| Operating profit (loss)9901 | €78,335 | €80,027 | €58,369 | €48,997 | €33,156 | ▼ 32.3% |
| Financial income75/76B | €155 | €126 | €6 | €358 | €3,659 | ▲ 923% |
| Recurring financial income75 | €155 | €126 | €6 | €358 | €3,659 | ▲ 923% |
| Financial charges65/66B | €5,838 | €2,892 | €3,223 | €3,218 | €4,950 | ▲ 53.8% |
| Recurring financial charges65 | €5,838 | €2,892 | €3,223 | €3,218 | €4,950 | ▲ 53.8% |
| Profit (loss) for the period before taxes9903 | €72,652 | €77,262 | €55,152 | €46,136 | €31,864 | ▼ 30.9% |
| Income taxes67/77 | €20,962 | €20,886 | €16,797 | €18,460 | €18,826 | ▲ 2.0% |
| Profit (loss) for the period9904 | €51,689 | €56,376 | €38,355 | €27,676 | €13,038 | ▼ 52.9% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €18,750 | - |
| Profit (loss) for the period to be appropriated9905 | €51,689 | €56,376 | €38,355 | €27,676 | €31,788 | ▲ 14.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €534,320 | €566,533 | €631,946 | €606,442 | €515,699 | ▼ 15.0% |
| Fixed assets21/28 | €38,907 | €39,201 | €43,886 | €107,421 | €92,037 | ▼ 14.3% |
| Intangible fixed assets21 | €2,460 | €8,785 | €11,965 | €8,824 | €6,125 | ▼ 30.6% |
| Tangible fixed assets22/27 | €33,446 | €27,416 | €28,921 | €95,597 | €82,912 | ▼ 13.3% |
| Land and buildings22 | €20,186 | €16,302 | €15,417 | €1,756 | €5,788 | ▲ 230% |
| Plant, machinery and equipment23 | €4,134 | €5,496 | €5,177 | €84,206 | €69,433 | ▼ 17.5% |
| Furniture and vehicles24 | €9,126 | €5,618 | €8,327 | €9,635 | €7,690 | ▼ 20.2% |
| Financial fixed assets28 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €495,413 | €527,332 | €588,060 | €499,021 | €423,662 | ▼ 15.1% |
| Stocks and contracts in progress3 | €50,649 | €51,550 | €46,319 | €45,919 | €47,516 | ▲ 3.5% |
| Stocks30/36 | €50,649 | €51,550 | €46,319 | €45,919 | €47,516 | ▲ 3.5% |
| Amounts receivable within one year40/41 | €418,973 | €466,680 | €529,355 | €274,803 | €326,778 | ▲ 18.9% |
| Trade receivables40 | €23,043 | €27,807 | €26,390 | €59,427 | €43,443 | ▼ 26.9% |
| Other amounts receivable41 | €395,930 | €438,873 | €502,965 | €215,376 | €283,335 | ▲ 31.6% |
| Current investments50/53 | - | - | - | €100,000 | €25,000 | ▼ 75.0% |
| Cash at bank and in hand54/58 | €23,489 | €6,366 | €11,452 | €73,272 | €21,733 | ▼ 70.3% |
| Deferred charges and accrued income490/1 | €2,302 | €2,736 | €935 | €5,027 | €2,636 | ▼ 47.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €534,320 | €566,533 | €631,946 | €606,442 | €515,699 | ▼ 15.0% |
| Equity10/15 | €266,800 | €318,175 | €356,530 | €384,206 | €397,244 | ▲ 3.4% |
| Contributions10/11 | €62,100 | €62,100 | €62,100 | €62,100 | €62,100 | = |
| Capital10 | €0 | - | €62,100 | €62,100 | €62,100 | = |
| Issued capital100 | €0 | - | €62,100 | €62,100 | €62,100 | = |
| Outside capital11 | €62,100 | €62,100 | €0 | - | - | - |
| Other1109/19 | €62,100 | €62,100 | €0 | - | - | - |
| Reserves13 | €204,700 | €256,075 | €294,430 | €322,106 | €335,144 | ▲ 4.0% |
| Non-distributable reserves130/1 | €6,220 | €6,220 | €6,220 | €6,220 | €6,220 | = |
| Legal reserve130 | €0 | - | €6,220 | €6,220 | €6,220 | = |
| Reserves not available under the articles1311 | €6,220 | €6,220 | €0 | - | - | - |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €0 | ▼ 100% |
| Distributable reserves133 | €179,730 | €231,105 | €269,460 | €297,136 | €328,924 | ▲ 10.7% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €267,520 | €248,357 | €275,416 | €222,235 | €118,455 | ▼ 46.7% |
| Amounts payable after more than one year17 | €168,851 | €165,000 | €160,000 | €47,635 | €36,431 | ▼ 23.5% |
| Financial debts170/4 | €168,851 | €165,000 | €160,000 | €47,635 | €36,431 | ▼ 23.5% |
| Amounts payable within one year42/48 | €98,669 | €81,857 | €115,022 | €173,513 | €82,024 | ▼ 52.7% |
| Current portion of amounts payable after more than one year42 | €21,815 | €13,317 | €15,082 | €25,885 | €26,254 | ▲ 1.4% |
| Financial debts43 | €0 | - | €19,973 | €0 | - | - |
| Credit institutions430/8 | €0 | - | €19,973 | €0 | - | - |
| Trade debts44 | €47,512 | €50,144 | €51,871 | €124,485 | €37,556 | ▼ 69.8% |
| Suppliers440/4 | €47,512 | €50,144 | €51,871 | €124,485 | €37,556 | ▼ 69.8% |
| Advances received on contracts in progress46 | - | - | - | €4,647 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €29,341 | €13,397 | €28,096 | €18,496 | €18,215 | ▼ 1.5% |
| Taxes450/3 | €19,105 | €12,861 | €10,521 | €369 | €4,117 | ▲ 1,016% |
| Remuneration and social security454/9 | €10,236 | €536 | €17,575 | €18,128 | €14,098 | ▼ 22.2% |
| Other amounts payable47/48 | - | €5,000 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,500 | €394 | €1,087 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,689 | €56,376 | €38,355 | €27,676 | €13,038 | ▼ 52.9% |
| + Depreciation and write-downs630 | €23,572 | €13,609 | €9,206 | €9,958 | €25,172 | ▲ 153% |
| Operating cash flow (approximation) | €75,262 | €69,985 | €47,560 | €37,634 | €38,210 | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | -€13,903 | -€13,891 | -€73,493 | -€9,788 | ▲ 86.7% |
| Change in cash | - | -€17,123 | €5,087 | €61,819 | -€51,539 | ▼ 183% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €13,038 ▼52.9%
Net result drops to €13,038, the lowest in the series.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 23 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity triplescurrent ratio 5.02
Current ratio from 1.63 to 5.02; short-term debt falls from €271,754 to €98,669.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
30-09
Financial
Highest result since 2019net €102,510 ▲181%
Operating result €160,819, net result €102,510, both a record.
30-09
Financial
Equity above €200,000Eq €215,111 ▲91%
2 profitable years in a row build equity to €215,111.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Aalst · 1 establishment unit since 2001
Ground area
515 m²
Building footprint
315 m²
Volume, LiDAR
3,340 m³
Parcel 41014A1135/00C002, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hogeweg 101, 9320 Aalst
since 20012.062.666.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41014A1135/00C002 | Flanders | 515 m² | 1 · 315 m² | 13.8 m · 4 fl. |
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 · 7,000 EUR awarded · 7,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 7,000 EUR | 7,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.062.666.792
Similar companies · same sector, comparable size
The Business Pharmacist
BE 0758.788.339
Mortsel · Eq €397,064
ALPHA INNOVATIONS BUSINESS CENTER
BE 0737.607.301
Ottignies-Louvain-la-Neuve · Eq €396,326
MOUSSERIE
BE 0844.427.560
Celles (lez-Tournai) · Eq €398,868
BODY & SOUL
BE 0430.272.895
Hoogstraten · Eq €398,933
SMOOVED
BE 0722.904.277
Leuven · Eq €395,495
Of 11,219 companies in sector 82100 we hold annual accounts for 3,509. 2,121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-04-1993
Fiscal year end30-09
Activities, NACEBEL 2025
47242Retail sale of chocolate and confectionery
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449853138
Also
9925:BE0449853138
Registered
29-08-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.