JAN BELLEFROID
ActiveJAN BELLEFROID has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €34k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 74% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+90
Solvency100▲+2
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 2.48 in 2024), and 35.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
64.4%
Return on assets
23.3%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €93k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
61 d late
2020
26 d late
2019
91 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€93k▲ 56.5%
2024 · €60k
2018: €69k
2019: €57k
2020: €33k
2021: €72k
2022: €60k
2023: €58k
2024: €60k
2018 → 2025
Total assets
€145k▲ 44.3%
2024 · €100k
2018: €103k
2019: €69k
2020: €78k
2021: €130k
2022: €116k
2023: €111k
2024: €100k
2018 → 2025
Net result
€34k▲ 2,640%
2024 · €1k
2018: €-37k
2019: €-12k
2020: €-24k
2021: €39k
2022: €-12k
2023: €-1k
2024: €1k
2018 → 2025
Working capital
€92k▲ 54.3%
2024 · €60k
2018: €55k
2019: €50k
2020: €32k
2021: €74k
2022: €60k
2023: €58k
2024: €60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€60k▼ 17.1%€58k▼ 2.2%€60k▲ 2.1%€93k▲ 56.5%
Operating result€44k-€-8k€3k€6k▲ 120%€36k▲ 482%
Net result€39k-€-12k€-1k▲ 89.3%€1k€34k▲ 2,640%
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 three years in a row; 2025 is 482% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets
€1k▲ 2,434%
Current assets
€144k▲ 43.1%
Equity and liabilities €145k
Equity
€93k▲ 56.5%
Debt
€52k▲ 26.4%
The debt ratio falls from 40.6% to 35.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€37k▲
2024 · €7k
Cash flow
€34k▲
2024 · €1k
Solvency
64.4%▲
2024 · 59.4%
Current ratio
2.80▲
2024 · 2.48
Quick ratio
2.80▲
2024 · 2.48
Debt / equity
0.55▼
2024 · 0.68
ROE
36.1%▲
2024 · 2.1%
ROA
23.3%▲
2024 · 1.2%
Interest coverage
14.31▲
2024 · 1.32
Debt
€52k▲
2024 · €41k
Debt ≤ 1 year
€51k▲
2024 · €41k
Income taxes
€141▲
2024 · €140
Staff costs
€15k▼
2024 · €52k
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€100k€145k▲
Fixed assets21/28€51€1k▲
Tangible fixed assets22/27€46€1k▲
Furniture and vehicles24€46€1k▲
Financial fixed assets28€5€5=
Current assets29/58€100k€144k▲
Amounts receivable within one year40/41€97k€138k▲
Trade receivables40€591€25k▲
Other amounts receivable41€97k€113k▲
Cash at bank and in hand54/58€1k€4k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€100k€145k▲
Equity10/15€60k€93k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€44k€44k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€-47k€-13k▲
Amounts payable17/49€41k€52k▲
Amounts payable within one year42/48€41k€51k▲
Financial debts43€26k€31k▲
Credit institutions430/8€26k€31k▲
Trade debts44€9k€6k▼
Suppliers440/4€9k€6k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48-€9k
Accrued charges and deferred income492/3€230€230=
Income statement
Code20242025
Non-recurring operating income76A-€17k
Remuneration, social security and pensions62€52k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€256€134▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€62k€55k▼
Operating profit (loss)9901€6k€36k▲
Financial income75/76B€30€24▼
Recurring financial income75€30€24▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€1k€34k▲
Income taxes67/77€140€141▲
Profit (loss) for the period9904€1k€34k▲
Profit (loss) for the period to be appropriated9905€1k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-13k▲
Profit (loss) brought forward from the previous period14P€-48k€-47k▲
The notes to these accounts (5 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
25-03
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment2 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment2 facts ▸
- Board meeting, 30/01/2026
- Director appointment, Bellefroid Steven (gedelegeerd bestuurder)
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Bellefroid Steven
CurrentManaging director · since 30-01-2026
30-01-2026
Bellefroid Steven: Appointed as Managing director
27-01-2022
Ruttens Nathalie: Resigned as Director
Location & real-estate footprint
Registered office, Oud-Heverlee · 1 establishment unit since 1985
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.
Rozenbergstraat 93050 Oud-HeverleeGround area
977 m²
Building footprint
219 m²
Volume, LiDAR
830 m³
Parcel 24086C0060/00C002, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rozenbergstraat 9, 3050 Oud-Heverlee
since 19852.028.478.846
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24086C0060/00C002 | Flanders | 977 m² | 1 · 219 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
4INTERIOR
BE 1003.138.465
Laarne · Eq €93k
RA PAINT
BE 0777.498.847
Alken · Eq €93k
Glenn Decor
BE 0760.632.527
Oudenaarde · Eq €94k
BELPOL
BE 0443.484.790
Oudergem · Eq €93k
IANPAINTS
BE 0775.320.505
Menen · Eq €93k
Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 2,270 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-12-1985
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
43331Floor and wall tiling
43333Wallpapering and laying of floor and wall coverings in other materials
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.