BSBELETTERING
ActiveBSBELETTERING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118k and a net result of €21k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 3461 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85=
Solvency97▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 2.78 in 2024; short-term debt: 20.8% and cash: 26.7% of total assets), and 27.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
72.1%
Return on assets
12.8%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
26 d late
2022
53 d early
2021
26 d early
2020
47 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€118k▲ 10.0%
2024 · €107k
2019: €32k
2020: €43k
2021: €69k
2022: €85k
2023: €103k
2024: €107k
2019 → 2025
Total assets
€163k▲ 0.7%
2024 · €162k
2019: €88k
2020: €92k
2021: €116k
2022: €145k
2023: €157k
2024: €162k
2019 → 2025
Net result
€21k▼ 3.6%
2024 · €22k
2019: €37k
2020: €21k
2021: €31k
2022: €23k
2023: €31k
2024: €22k
2019 → 2025
Working capital
€61k▲ 7.7%
2024 · €56k
2019: €16k
2020: €34k
2021: €43k
2022: €47k
2023: €61k
2024: €56k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€85k▲ 22.5%€103k▲ 21.0%€107k▲ 4.4%€118k▲ 10.0%
Operating result€45k-€30k▼ 32.6%€47k▲ 56.4%€33k▼ 29.6%€32k▼ 3.2%
Net result€31k-€23k▼ 24.8%€31k▲ 35.0%€22k▼ 30.8%€21k▼ 3.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€69k▼ 7.5%
Current assets
€95k▲ 7.6%
Equity and liabilities €163k
Equity
€118k▲ 10.0%
Debt
€46k▼ 17.3%
The debt ratio falls from 34.0% to 27.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2024 · €49k
Cash flow
€39k▲
2024 · €38k
Solvency
72.1%▲
2024 · 66.0%
Current ratio
2.78▲
2024 · 2.78
Quick ratio
2.78▲
2024 · 2.78
Debt / equity
0.39▼
2024 · 0.52
ROE
17.7%▼
2024 · 20.2%
ROA
12.8%▼
2024 · 13.4%
Interest coverage
20.08▼
2024 · 42.49
Debt
€46k▼
2024 · €55k
Debt ≤ 1 year
€34k▲
2024 · €32k
Debt > 1 year
€11k▼
2024 · €23k
Income taxes
€10k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€162k€163k▲
Fixed assets21/28€74k€69k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€74k€67k▼
Plant, machinery and equipment23€47k€47k▼
Furniture and vehicles24€11k€8k▼
Other tangible fixed assets26€15k€12k▼
Current assets29/58€88k€95k▲
Amounts receivable within one year40/41€25k€49k▲
Trade receivables40€22k€46k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€59k€44k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€162k€163k▲
Equity10/15€107k€118k▲
Contributions10/11€3k€3k=
Reserves13€94k€115k▲
Distributable reserves133€94k€115k▲
Profit (loss) carried forward14€10k€0▼
Amounts payable17/49€55k€46k▼
Amounts payable after more than one year17€23k€11k▼
Financial debts170/4€23k€11k▼
Amounts payable within one year42/48€32k€34k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€0€3k▲
Taxes450/3€0€3k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€17k€11k▼
Accrued charges and deferred income492/3€197€197=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€-625▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€53k€52k▼
Operating profit (loss)9901€33k€32k▼
Financial income75/76B€22€1k▲
Recurring financial income75€22€1k▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€32k€31k▼
Income taxes67/77€10k€10k▼
Profit (loss) for the period9904€22k€21k▼
Profit (loss) for the period to be appropriated9905€22k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€31k▼
Profit (loss) brought forward from the previous period14P€27k€10k▼
Transfer from equity791/2€0-
Transfer to equity691/2€22k€21k▼
To other reserves6921€22k€21k▼
Profit to be distributed694/7€17k€10k▼
Return on contributions (dividend)694€17k€10k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €21k ▼3.6%
Net result drops to €21k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲21%
5 profitable years in a row build equity to €103k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Rumst · 2 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Netestraat 452840 RumstGround area
1.2 ha
Building footprint
373 m²
Volume, LiDAR
1,587 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Netestraat 45, 2840 Rumst
since 20182.272.817.292
BSbelettering BV
since 20242.355.837.020
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11037A0183/00H000 | Flanders | 1.1 ha | 1 · 206 m² | 11.1 m · 1 fl. |
| 11037B0276/00X000 | Flanders | 939 m² | 1 · 167 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 239 EUR awarded · 239 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 239 EUR | 239 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,296 companies in sector 74120 we hold annual accounts for 1,010. 794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2018
Fiscal year end31-12
Activities, NACEBEL
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.