Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Belt from Kortenberg, company number BE0727796542, closed financial year 2025 with a result of € -436,358 after tax. For that financial year Belt recorded a gross margin of € 7,597 and equity of € -914,151. Compared with financial year 2024, the result moved from € -417,893 to € -436,358. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ -914,151
▼ € 436,358 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -436,358
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 118,803
▲ € 117,804 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -921,151.
People and assets in 2025
€ 193,283
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.7 million
▲ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 1.1 million
▲ 239% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,140 | € -14,607 | € -47,808 | € 7,597 | ▲ € 55,404 |
| Profit after taxes | € 1,815 | € -60,576 | € -417,893 | € -436,358 | ▼ € 18,465 |
| Equity | € 677 | € -59,900 | € -477,793 | € -914,151 | ▼ € 436,358 |
| Total debts | € 4,502 | € 2,215,545 | € 4,833,699 | € 10,069,145 | ▲ 108% |
| Cash | € 4,528 | € 17,453 | € 999 | € 118,803 | ▲ € 117,804 |
| Land & buildings | - | € 2,089,725 | € 3,234,525 | € 3,413,732 | ▲ 6% |
| Retained profit | € -6,323 | € -66,900 | € -484,793 | € -921,151 | ▼ € 436,358 |
| Bank debt | € 5 | € 1,400,000 | € 2,900,000 | € 4,690,000 | ▲ 62% |
| Balance sheet total | € 5,178 | € 2,155,645 | € 4,355,907 | € 9,154,995 | ▲ 110% |
Key figures of Belt, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Belt?
What happened at Belt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 436,358. Source: NBB ↗
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,815 profit in 2022 to € 436,358 loss in 2025.
Best year ever: 2022, with € 1,815 profit.
Establishments
Establishment units
Physical locations of this company
Engerstraat 87
3071 Kortenberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →CASTLE CLASSIC & SPORTS CARS
€ -31,569 gross margin · 2025
HetKan
€ 18,604 gross margin · 2025
KURIK
€ 212,130 gross margin · 2025
Touring Car 15
Kale Management same network
€ 167,372 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.796.542
- VAT number
- BE 0727.796.542
- Registered office
- Engerstraat 87, 3071 Kortenberg
- Names & denominations
- Belt
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2019
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van reclamebureaus
Overige zakelijke dienstverlening, neg
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
+8