ONDERNEMING BELLEFROID

Active

Private limited companyfounded 1994active for 31 yearsLeuvensesteenweg 973, 3071 Kortenberg, BelgiumKBO/BCE: BE 0454.332.360

Summary

ONDERNEMING BELLEFROID has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €403,042 and a net result of €279,379. Equity is shrinking by about 6.9% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 23% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

ONDERNEMING BELLEFROIDActiveChecked score 89/100

Risk analysis Report Compare

Activity

Site preparation

NACE 43120Civil engineering NACE 42911

8th largest company by total assets in Kortenberg, Construction sector1 site

Size

€1.9mtotal assets 2025

Staff: 1.5 FTE
Equity: €403,042
Profit: €279,379

Turnover not published (micro format)

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

NICOLAS VRANCKXDirector

2025 accounts 16 days early2 of 3 deeds summarised

Why 89raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.25, cash €32,191lowers riskSize: total assets €1.9mFigures for financial year 2025 (filed 15-07-2026)Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 49% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 46+46

equity 21.0% of total assets

Liquidity 9+8

short-term debt 79.0% · cash 1.7%

Profitability 87+75

return on assets 14.6%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)

Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.2%▼ -0.4 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -1.0 percentage point vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.25, compared with 0.01 in 2024, below 1; short-term debt: 79% and cash: 1.7% of total assets), and 79% 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 23% on solvency, 6% on liquidity, 72% on profitability and 94% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Six signals.

lowers riskraises riskneutral

Size: total assets €1.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Figures for financial year 2025 (filed 15-07-2026)

NBB · annual accounts

Liquidity: current ratio 0.25, cash €32,191

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 34718 sector peers (2025).

NBB · sector comparison

Position among 34718 sector peers

Solvency

better than 23%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

16 days early

2024

3 days early

2023

2 days early

2022

on the day

2021

11 days early

2020

5 days early

2019

11 days early

← 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 7 days before 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 (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €279,379
31-12-2025 Equity above €200,000equity €403,042

Key points

Positive: Back in profit in 2025after -€34,021 in 2024 €279,379 View
Positive: Among the best 5% on net resultsector median €10,244 · 34,705 companies €279,379 View
Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

By topic

Financials

Financial year: 2025
Total assets: €1.9m
Profit: €279,379
Solvency: 21.0%

Total assets▲ 212%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

NICOLAS VRANCKXDirector

Go to Board & ownership

Network & group

Connected companies: 2

Go to Network & group

Timeline

Events: 36
Since: 1996
Next accounts: by 31-07-2027

28-07-2025Annual accounts filed
26-06-2025Appointment: NICOLAS VRANCKX (director)
09-05-2025Appointment: Nicolas Vranckx (tijdelijke zaakvoerder)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Site preparationNACE 43120
Founded: 03-12-1994
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about ONDERNEMING BELLEFROID

What is the company number of ONDERNEMING BELLEFROID?: 0454.332.360. In Belgium the VAT number is the company number with BE in front: BE 0454.332.360.
Where is ONDERNEMING BELLEFROID based?: The registered office is at Leuvensesteenweg 973, 3071 Kortenberg.Company details
What does ONDERNEMING BELLEFROID do?: According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of ONDERNEMING BELLEFROID?: Private limited company (BV).
When was ONDERNEMING BELLEFROID founded?: On 03-12-1994.
Is ONDERNEMING BELLEFROID still active?: Yes, ONDERNEMING BELLEFROID is an active enterprise in the KBO register.
How many employees does ONDERNEMING BELLEFROID have?: On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ONDERNEMING BELLEFROID?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ONDERNEMING BELLEFROID profitable?: In financial year 2025, ONDERNEMING BELLEFROID made a profit of €279,379.
Where can I find the annual accounts of ONDERNEMING BELLEFROID?: ONDERNEMING BELLEFROID filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ONDERNEMING BELLEFROID due?: By 31-07-2027, for financial year 2026.Timeline