GROUP BELLUX
ActiveGROUP BELLUX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €308k and a net result of €185k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 80% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+88
Solvency100▲+10
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.26 against 1.85 in 2023), and 22.6% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
77.4%
Return on assets
46.3%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €308k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d late
2022
34 d early
2021
32 d early
2020
36 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€308k▲ 119%
2023 · €141k
2018: €222k
2019: €211k
2020: €243k
2021: €236k
2022: €138k
2023: €141k
2018 → 2024
Total assets
€399k▲ 36.1%
2023 · €293k
2018: €413k
2019: €389k
2020: €382k
2021: €397k
2022: €301k
2023: €293k
2018 → 2024
Net result
€185k▲ 5,341%
2023 · €3k
2018: €16k
2019: €-11k
2020: €33k
2021: €-6k
2022: €-14k
2023: €3k
2018 → 2024
Working capital
€286k▲ 149%
2023 · €115k
2018: €200k
2019: €188k
2020: €227k
2021: €219k
2022: €113k
2023: €115k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€243k-€236k▼ 3.0%€138k▼ 41.4%€141k▲ 1.8%€308k▲ 119%
Operating result€49k-€-5k€-12k▼ 162%€6k€246k▲ 4,299%
Net result€33k-€-6k€-14k▼ 158%€3k€185k▲ 5,341%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4,299% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €399k
Fixed assets
€25k▼ 42.1%
Current assets
€373k▲ 49.8%
Equity and liabilities €399k
Equity
€308k▲ 119%
Debt
€90k▼ 40.8%
The debt ratio falls from 52.0% to 22.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€258k▲
2023 · €20k
Cash flow
€197k▲
2023 · €18k
Solvency
77.4%▲
2023 · 48.0%
Current ratio
4.26▲
2023 · 1.85
Quick ratio
4.26▲
2023 · 1.01
Debt / equity
0.29▼
2023 · 1.08
ROE
59.9%▲
2023 · 2.4%
ROA
46.3%▲
2023 · 1.2%
Interest coverage
158.42▲
2023 · 8.32
Debt
€90k▼
2023 · €152k
Debt ≤ 1 year
€88k▼
2023 · €134k
Debt > 1 year
€3k▼
2023 · €18k
Income taxes
€65k▲
2023 · €600
Staff costs
€28k▼
2023 · €95k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€293k€399k▲
Fixed assets21/28€44k€25k▼
Tangible fixed assets22/27€44k€25k▼
Land and buildings22€34k€23k▼
Plant, machinery and equipment23€7k€998▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€249k€373k▲
Stocks and contracts in progress3€114k-
Stocks30/36€114k-
Amounts receivable within one year40/41€75k€146k▲
Trade receivables40€55k€32k▼
Other amounts receivable41€19k€115k▲
Current investments50/53€45k€212k▲
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€9k€13k▲
Equity and liabilities
Total equity and liabilities10/49€293k€399k▲
Equity10/15€141k€308k▲
Contributions10/11€25k€25k=
Reserves13€116k€283k▲
Distributable reserves133€116k€283k▲
Amounts payable17/49€152k€90k▼
Amounts payable after more than one year17€18k€3k▼
Financial debts170/4€18k€3k▼
Amounts payable within one year42/48€134k€88k▼
Current portion of amounts payable after more than one year42€16k€15k▼
Financial debts43€53€3k▲
Credit institutions430/8€53-
Other loans439-€3k
Trade debts44€62k€25k▼
Suppliers440/4€62k€25k▼
Advances received on contracts in progress46-€341
Taxes, remuneration and social security45€36k€9k▼
Taxes450/3€17k€9k▼
Remuneration and social security454/9€19k-
Other amounts payable47/48€21k€34k▲
Income statement
Code20232024
Remuneration, social security and pensions62€95k€28k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€8k€4k▼
Gross operating margin9900€123k€296k▲
Operating profit (loss)9901€6k€246k▲
Financial income75/76B€849€5k▲
Recurring financial income75€849€5k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€4k€249k▲
Income taxes67/77€600€65k▲
Profit (loss) for the period9904€3k€185k▲
Profit (loss) for the period to be appropriated9905€3k€185k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€185k▲
Transfer to equity691/2€3k€168k▲
To other reserves6921€3k€168k▲
Profit to be distributed694/7€850€17k▲
Return on contributions (dividend)694€850€900▲
Directors or managers695-€16k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €185k ▲5341%
Operating result €246k, net result €185k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.26
Current ratio from 1.85 to 4.26; short-term debt falls from €134k to €88k.
31-12
Financial
Equity above €200kEq €308k ▲119%
2 profitable years in a row build equity to €308k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heusden-Zolder · 2 establishment units since 2004
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.
Ijskelder 503550 Heusden-ZolderGround area
1,991 m²
Building footprint
300 m²
Volume, LiDAR
2,100 m³
2 parcels, Flanders, Wallonia · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
BELLUX COSMETICS
since 20042.136.782.019
Centre d'Esthetique Bellux
since 20112.201.762.418
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F0274/00K000 | Flanders | 1,494 m² | 1 · 217 m² | 8.2 m · 2 fl. |
| 62101D0466/00B016 | Wallonia | 497 m² | 1 · 83 m² | 12.6 m · 4 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 to 2024 · 3 entries · 5,272 EUR awarded · 5,272 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,928 EUR | 1,928 EUR |
| 2023 | 1 | 1,585 EUR | 1,585 EUR |
| 2022 | 1 | 1,759 EUR | 1,759 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
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Of 798 companies in sector 46450 we hold annual accounts for 452. 321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2004
Fiscal year end31-12
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.