The business 'went belly-up' [=went bankrupt] during the long recession.
The team 'went belly-up' in the play-offs.
a middle-aged man with a big 'beer belly'
(..) your filthy little innards! Come here! Trees. Climb a tree. He's gone. Merry! Let's put a maggot hole in your belly! Run, Merry! Little Orcs. It's talking, Merry. The tree is talking. Tree? (..)2002 The Lord of the Rings: The Two Towers