Equity
€1.0m ▼ 1.5%
BELGOFIRE paid out €420,315 in dividends. That is 104% of the 2025 profit.
BELGOFIRE
Lifetime
11 annual accounts with figures on one time axispeak €2.2m (2023)
€633,804▼ 36.6%
lowest -€2,634 (2015)
€403,863▼ 49.6%
peak €1.1m (2024)
€1.0m▼ 1.5%
€1.3m▼ 46.8%
peak 3 FTE (2017)
1 FTEunchanged
Board4 names since 2020
1 directorUNIFIRE
Owners2 names in the annual accounts
100%UNIFIRE
Documentsfilings and deeds
22-12-202540 days before the deadline
2025abbreviated format
Gross margin from €998,992 to €633,804Result from €801,756 to €403,863Permanent representative: Patrick Bauwens 27-05Dividend €420,315Debts from €2.4m to €1.3mCash from €644,470 to €151,069
Key points
from the 2025 annual accountsResult
€403,863 ▼ 49.6%
The result fell in 2025 from €801,756 to €403,863.
Turnover
≈ €3.4m estimated
The abbreviated format states no turnover.
Filings
11 annual accounts since 2015
The last five annual accounts were filed 0 to 42 days before the end of the period.
At the same address
6 companies
Position in the sector
€403,863
Higher net result than 95% of companies in retail trade. Sector median €27,442 · 12,842 companies.
Checked score
90
Excellent
Financially stronger than 52% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%highest value
01-2025: 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.2%▲ +0.1 percentage points vs 11-2025
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: 1 FTE, total assets €2.3m
Founded in 2014
Figures for financial year 2025 (filed on 24-12-2025)
Equity €1.0m (45.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 60% of them on solvency, 27% on liquidity, 85% on profitability and 36% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as BELGOFIRE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of BELGOFIRE itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for BELGOFIRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.8 (1.61 in 2024), above the usual 1.5. Short-term debt is 54.7% and cash 6.5% of total assets. However, 54.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 days early
2024
42 days early
2023
on the day
2022
41 days early
2021
10 days early
2020
27 days early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0546865808
Permanent representative: Patrick Bauwens
Gazette deed
1 director appointed, 2 resignations
Resignations: B-LOGIC NV (managing director) and FERO NV · Permanent representatives: Patrick Bauwens and Fabrien De Vos · Appointment: UNIFIRE NV · General meeting of 24-03-2021 · Gazette deed
Company renamed from UNIFIRE to BELGOFIRE
General meeting of 14-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELGOFIRE Ghent | €2.3m | €633,804 | 45.3% | 1 |
| Repair@Home Nijlen | €1.2m | €327,549 | 33.6% | 1 |
| iRepairshop Zele | €2.3m | €359,059 | 35.8% | 2.1 |
| MAUROO ELEKTRO Waregem | €2.9m | €928,190 | 90.9% | 2 |
| Electro Hermans-Mullens Houthalen-Helchteren | €2.7m | €335,445 | 24.0% | 2 |
| ELEKTRO HAUBEN Bilzen-Hoeselt | €2.1m | €308,989 | 35.0% | 2 |
| DSP KEUKENS Beveren-Kruibeke-Zwijndrecht | €1.4m | €216,899 | 53.3% | 1.9 |
These companies have the same main activity as BELGOFIRE: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €1.2m and €2.9m, founded between 2009 and 2017.
Official details
Source: KBO- Status
- Active since 25-02-2014Normal situation
- Activity
- Retail sale of electrical household appliancesNACE 47540and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2024
- Establishment unit
- 2.231.484.0109051 Ghent, since 25-02-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- €2.3m▼ 32.8%
- Employeeson 30-06-2025
- 1=
- Filing
- Filed on 22-12-2025, 40 days before the end of the filing period
Insights on BELGOFIRE
BELGOFIRE files the abbreviated format. That format states no turnover. The gross margin rose from €501,930 in 2016 to €633,804 in 2025.
UNIFIRE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELGOFIRE
- What is the company number of BELGOFIRE?
- The company number of BELGOFIRE is 0546.865.808. The VAT number is the same number with BE in front: BE 0546.865.808.
- Where is BELGOFIRE based?
- The registered office is at Kortrijksesteenweg 1266, 9051 Ghent.Company details
- What does BELGOFIRE do?
- According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
- What is the legal form of BELGOFIRE?
- BELGOFIRE is a public limited company (NV).
- When was BELGOFIRE founded?
- BELGOFIRE was founded on 25-02-2014.
- Is BELGOFIRE still active?
- Yes, BELGOFIRE is an active enterprise in the KBO register.
- How many employees does BELGOFIRE have?
- BELGOFIRE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BELGOFIRE fall under?
- In its 30-06-2024 annual accounts, BELGOFIRE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BELGOFIRE?
- The turnover in financial year 2025 is ≈ €3.4m. This figure is estimated from the gross margin of €633,804 and 31 comparable companies (NACE 475). It probably lies between €2.1m and €5.1m.
- Is BELGOFIRE profitable?
- In financial year 2025, BELGOFIRE made a profit of €403,863.
- Where can I find the annual accounts of BELGOFIRE?
- BELGOFIRE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELGOFIRE due?
- BELGOFIRE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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