BELYSSE

Active

Public limited companyfounded 200422 yrs activeFranklin Rooseveltlaan 172-174, 8790 Waregem, BelgiumKBO/BCE: BE 0865.751.823

Summary

BELYSSE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64.0m and a net result of -€255,942. Equity is shrinking by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 3636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

BELYSSEActiveChecked score 90/100

Risk analysis Report Compare

Activity

Activities of head offices

NACE 70100

#3 company by total assets in Waregem, Professional and technical services sector3 sites

Size

€5.4mturnover 2025

Staff: 4.2 FTE
Equity: €64.0m
Loss: -€255,942

Financial health

90 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.1%

Structure

Parent: Belysse Group
Board: 3 members
Holdings: 2

Accounts 17 d early53 of 54 deeds read

Why 90- Loss of €255,942, the second in a row (FY 2025)+ Size: turnover €5.4m, 4.2 FTE, total assets €207.6m+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Figures for FY 2025 (filed 14-07-2026)Show the evidence

Checked score

Score 2025

90 / 100

Excellent

Probability in this band: under 0.55%

Better than 31% of its sector peers (NACE 70, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 56+1

equity 30.9% of total assets

Liquidity 55+2

short-term debt 1.0% · cash 3.7%

Profitability 21-7

return on assets -0.1%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (47,788 companies)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -3.4% vs 01-2025lowest value 03-2025: 0.1%● 0.0% vs 02-2025lowest value 04-2025: 0.1%▲ +5.4% vs 03-2025 05-2025: 0.1%▲ +5.1% vs 04-2025 06-2025: 0.1%▲ +8.1% vs 05-2025 07-2025: 0.1%▲ +37.3% vs 06-2025 08-2025: 0.2%▲ +117% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%▼ -1.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -4.0% vs 01-2026 03-2026: 0.2%▲ +2.1% vs 02-2026 04-2026: 0.2%▲ +8.8% vs 03-2026 05-2026: 0.2%▲ +5.2% vs 04-2026 06-2026: 0.2%▲ +4.1% vs 05-2026 07-2026: 0.2%▲ +3.5% vs 06-2026highest value 08-2026: 0.1%▼ -49.4% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026

Size: turnover €5.4m, 4.2 FTE, total assets €207.6m lowers the probability for this profile
Loss of €255,942, the second in a row (FY 2025) raises the probability
Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
Figures for FY 2025 (filed 14-07-2026) lowers the probability

Credit up to €500,000 at 30 days acceptable

Liquidity ample (current ratio 18.83 against 2.84 in 2024; short-term debt: 1% and cash: 3.7% of total assets), but 69.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 31%, liquidity 45%, profitability 14%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: turnover €5.4m, 4.2 FTE, total assets €207.6m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Loss of €255,942, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Activities of head offices; management consultancy activities (NACE 70)

In the bankruptcy model this factor lowers the probability.

KBO

Figures for FY 2025 (filed 14-07-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202222232425

2018 to 2025 · latest year -€255,942

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

17 d early

2024

23 d early

2023

30 d early

2022

33 d early

2022

17 d early

2020

19 d early

2019

23 d 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 23 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

14-07-26 Annual accounts filedfiscal year 2025 · full…
01-06-26 Resignation: ANMIRU (director)Permanent representatives: Andy Rogiest, Hannes…
03-02-26 Appointment: PWC Bedrijfsrevisoren BCVBA (statutory auditor)State Gazette act

Key points

Positive: Result rose in 2025from -€11.1m to -€255,942 ▲ 97.7% View
Caution: Among the weakest 9% on net resultsector median €55,862 · 3,635 companies -€255,942 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Controlled by Belysse Groupitself parent of 3 companies parent View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€255,942 View
Board changedlatest change 22-05-2026 · 3 in office 1 joined · 1 left View