Stal Het Bellehof

Active

Private limited companyfounded 2019active for 7 yearsBeekstraat 33, 9971 Kaprijke, BelgiumKBO/BCE: BE 0735.548.426

Summary

The computed 12-month bankruptcy probability of Stal Het Bellehof is 3.8% (moderate). The 2024 annual accounts show negative equity (-€281,328) and a net result of -€106,240. Equity is shrinking by about 32% per year across the filed financial years. Its solvency ranks better than 5% of 3,904 sector peers (NACE 01, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Stal Het BellehofActiveChecked score 46/100

Risk analysis Report Compare

Activity

Raising of horses and other equines

NACE 01430

1 site

Size

€164,466total assets 2024

Equity: -€281,328
Loss: -€106,240

Turnover not published (abbreviated or micro format)

Financial health

46 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 3.8%

Structure

2025 accounts not filed, 87 days past the deadline1 of 2 deeds summarised

Why 46raises riskFigures for financial year 2024 (filed 25-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 56 days late; 2 of the last 3 lateLoss of €106,240, the second in a row (financial year 2024)lowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2024

46 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 4% of its sector peers (NACE 01, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0=

equity -171.1% of total assets

Liquidity 1+1

short-term debt 232.5% · cash 0.5%

Profitability 0-3

return on assets -64.6%

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,688 companies, NACE 01, micro)

Last 24 months 11-2024: 1.5%lowest value 12-2024: 1.7%▲ +0.2 percentage points vs 11-2024 01-2025: 2.6%▲ +0.9 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.7%▲ +0.1 percentage points vs 02-2025 04-2025: 4.8%▲ +2.1 percentage points vs 03-2025 05-2025: 4.8%● unchanged vs 04-2025 06-2025: 4.7%▼ -0.1 percentage points vs 05-2025 07-2025: 4.4%▼ -0.3 percentage points vs 06-2025 08-2025: 5.4%▲ +1.0 percentage point vs 07-2025 09-2025: 6.2%▲ +0.8 percentage points vs 08-2025highest value 10-2025: 2.1%▼ -4.1 percentage points vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.2%▲ +0.1 percentage points vs 12-2025 02-2026: 2.3%▲ +0.1 percentage points vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.1%▼ -0.2 percentage points vs 04-2026 06-2026: 2.0%▼ -0.1 percentage points vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.6 percentage points vs 07-2026 09-2026: 2.9%▲ +0.3 percentage points vs 08-2026 10-2026: 3.8%▲ +0.9 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.38, compared with 0.57 in 2023, below 1; short-term debt: 232.5% and cash: 0.5% of total assets), and equity is negative.

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 01, micro): better than 5% on solvency, 2% on liquidity, 4% on profitability and 7% 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.

lowers riskraises risk

Sector: Crop and animal production, hunting and related service activities (NACE 01)

KBO

Figures for financial year 2024 (filed 25-09-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 56 days late; 2 of the last 3 late

NBB · filings

Loss of €106,240, the second in a row (financial year 2024)

NBB · annual accounts

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

2021222324

2020 to 2024 · latest year -€281,328

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 5 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 56 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 5 filings

Deviation from the deadline

2025

not filed

2024

56 days late

2023

238 days late

2022

on the day

2021

2 days early

2020

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 70 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-03-2026 Resignation: Karel Cesar Aerens (director)Gazette deed
25-09-2025 Annual accounts filedfinancial year 2024 · micro…
26-03-2025 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€281,328 View
Caution: Result fell in 2024from -€37,924 to -€106,240 ▼ 180% View
Caution: Among the weakest 5% on solvencysector median 32.1% · 3,904 companies -171.1% View
Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Caution: 2 loss-making years in a rowloss financial year 2024 -€106,240 View
A director leftlatest change 11-03-2026 · 0 in office 1 left View

By topic

Financials

Financial year: 2024
Total assets: €164,466
Loss: -€106,240
Solvency: -171.1%

Total assets▼ 45.4%

Net result

20202024

Go to Financials

Timeline

Events: 8
Since: 2021

31-12-2024Weakest financial year
31-07-2023Annual accounts filed
31-12-2022Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Raising of horses and other equinesNACE 01430
Founded: 02-10-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Stal Het Bellehof

What is the company number of Stal Het Bellehof?: 0735.548.426. In Belgium the VAT number is the company number with BE in front: BE 0735.548.426.
Where is Stal Het Bellehof based?: The registered office is at Beekstraat 33, 9971 Kaprijke.Company details
What does Stal Het Bellehof do?: According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of Stal Het Bellehof?: Private limited company (BV).
When was Stal Het Bellehof founded?: On 02-10-2019.
Is Stal Het Bellehof still active?: Yes, Stal Het Bellehof is an active enterprise in the KBO register.
What is the turnover of Stal Het Bellehof?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Stal Het Bellehof profitable?: In financial year 2024, Stal Het Bellehof made a loss of €106,240.
Where can I find the annual accounts of Stal Het Bellehof?: Stal Het Bellehof filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.