BELFORT
ActiveBELFORT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €18k and a net result of €-47k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 47% of 289 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0▼-100
Solvency83▼-11
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.84 in 2025), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
60.2%
Return on assets
-157.4%
Age of the figures
6 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-08-2026, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
61 d early
2025
31 d early
2024
64 d early
2023
31 d early
2022
17 d early
2021
3 d early
2020
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€18k▼ 72.3%
2025 · €64k
2019: €46k
2020: €56k
2021: €65k
2022: €85k
2023: €58k
2024: €55k
2025: €64k
2019 → 2026
Total assets
€30k▼ 74.5%
2025 · €116k
2019: €60k
2020: €72k
2021: €78k
2022: €101k
2023: €70k
2024: €70k
2025: €116k
2019 → 2026
Net result
€-47k
2025 · €45k
2019: €3k
2020: €10k
2021: €8k
2022: €20k
2023: €-27k
2024: €-3k
2025: €45k
2019 → 2026
Working capital
€3k▼ 92.0%
2025 · €44k
2019: €43k
2020: €51k
2021: €54k
2022: €75k
2023: €42k
2024: €43k
2025: €44k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€85k-€58k▼ 31.4%€55k▼ 5.6%€64k▲ 17.2%€18k▼ 72.3%
Operating result€29k-€-26k€-1k▲ 95.9%€57k€-44k
Net result€20k-€-27k€-3k▲ 87.7%€45k€-47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €44k after €57k in 2025, the lowest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €30k
Fixed assets
€14k▼ 31.0%
Current assets
€15k▼ 84.0%
Equity and liabilities €30k
Equity
€18k▼ 72.3%
Debt
€12k▼ 77.2%
The debt ratio falls from 44.5% to 39.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-38k▼
2025 · €62k
Cash flow
€-41k▼
2025 · €50k
Solvency
60.2%▲
2025 · 55.5%
Current ratio
1.30▼
2025 · 1.84
Quick ratio
1.30▼
2025 · 1.84
Debt / equity
0.66▼
2025 · 0.80
ROE
-261.2%▼
2025 · 69.5%
ROA
-157.4%▼
2025 · 38.6%
Interest coverage
-16.01▼
2025 · 23.26
Debt
€12k▼
2025 · €52k
Debt ≤ 1 year
€12k▼
2025 · €52k
Income taxes
€293▼
2025 · €10k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€116k€30k▼
Fixed assets21/28€21k€14k▼
Tangible fixed assets22/27€21k€14k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€3k€956▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28-€150
Current assets29/58€95k€15k▼
Amounts receivable within one year40/41€18k€6k▼
Trade receivables40€18k€489▼
Other amounts receivable41€5€6k▲
Cash at bank and in hand54/58€75k€6k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€116k€30k▼
Equity10/15€64k€18k▼
Contributions10/11€19k€19k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€0€-47k▼
Amounts payable17/49€52k€12k▼
Amounts payable within one year42/48€52k€12k▼
Financial debts43€8€388▲
Credit institutions430/8€8€388▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€13k€0▼
Taxes450/3€13k€0▼
Other amounts payable47/48€37k€10k▼
Income statement
Code20252026
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€2k€822▼
Non-recurring operating charges66A-€451
Gross operating margin9900€64k€-37k▼
Operating profit (loss)9901€57k€-44k▼
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€55k€-46k▼
Income taxes67/77€10k€293▼
Profit (loss) for the period9904€45k€-47k▼
Profit (loss) for the period to be appropriated9905€45k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-47k▼
Profit (loss) brought forward from the previous period14P€-29k€0▲
Transfer from equity791/2€35k€0▼
Transfer to equity691/2€16k€0▼
To other reserves6921€16k€0▼
Profit to be distributed694/7€35k€0▼
Return on contributions (dividend)694€35k€0▼
The notes to these accounts (12 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 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Weakest financial yearnet €-47k ▼204%
Net result drops to €-47k, the lowest in the series.
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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, Lubbeek · 1 establishment unit since 2006
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.
Grotendries(LUB) 293210 LubbeekGround area
1,393 m²
Building footprint
113 m²
Volume, LiDAR
704 m³
Parcel 24066G0115/00L000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Belfort
since 20062.153.455.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066G0115/00L000 | Flanders | 1,392 m² | 1 · 113 m² | 9.4 m · 2 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
NVisions
BE 1014.891.501
Landen · Eq €18k
DE CONINCK GREEN GENERAL PARTNERS
BE 0782.602.631
Deinze · Eq €18k
FELMOND FINANCE
BE 0756.506.463
Overijse · Eq €18k
Golden Gazelles
BE 0759.995.394
Keerbergen · Eq €18k
GOETSTOUWERS W.
BE 0422.921.087
Wijnegem · Eq €18k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 29,240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2006
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.