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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Besins Manufacturing Belgium from Elsene, company number BE0401981955, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year Besins Manufacturing Belgium recorded revenue of € 39.7 million and equity of € 7.9 million. Compared with financial year 2024, the result moved from € 2 million to € 2.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 7.9 million
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 74,474
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -3.8 million.
People and assets in 2025
104.7
▲ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9 million
▲ 9% vs 2024
€ 85,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 324,304
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 267,737
▼ 41% vs 2024
€ 190,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 8.3 million
▲ 151% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 105 days on average.
€ 1.1 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,483,834 | € 40,442,439 | € 39,077,417 | € 39,711,335 | ▲ 2% |
| Profit after taxes | € -1,116,045 | € 1,947,275 | € 1,978,095 | € 2,225,646 | ▲ 13% |
| Equity | € 1,768,571 | € 3,715,847 | € 5,693,941 | € 7,919,588 | ▲ 39% |
| Total debts | € 14,971,561 | € 22,040,350 | € 18,070,354 | € 10,964,679 | ▼ 39% |
| Cash | € 453,383 | € 3,890,099 | € 2,794,529 | € 74,474 | ▼ 97% |
| Land & buildings | € 1,816,836 | € 1,665,689 | € 1,515,018 | € 1,588,176 | ▲ 5% |
| Retained profit | € -9,955,280 | € -8,008,004 | € -6,029,910 | € -3,804,263 | ▲ € 2.2 million |
| Bank debt | € 794,698 | € 631,296 | € 457,208 | € 267,737 | ▼ 41% |
| Balance sheet total | € 16,870,252 | € 25,914,356 | € 23,954,981 | € 19,130,629 | ▼ 20% |
| Employees (FTE) | 93.6 | 98.4 | 100 | 104.7 | ▲ 4.7 |
Key figures of Besins Manufacturing Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Besins Manufacturing Belgium?
What happened at Besins Manufacturing Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Antoine Grouès stepped down as director. NBB
- Geert Neuttiens stepped down as director. NBB
- Daniel Delarbre stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ 13% vs 2024). filed late Source: NBB ↗
- Geert Neuttiens became a director. NBB
- Antoine Grouès became a director. NBB
- Alexandre Besins stepped down as director. NBB
- Nicolas Besins stepped down as director. NBB
In short
From € 1.1 million loss in 2022 to € 2.2 million profit in 2025.
Paid € 516,307 in corporate taxes since 2022.
Best year ever: 2025, with € 2.2 million profit.
Pays suppliers within 105 days on average.
Management
The shares are held by BESINS HEALTHCARE HOLDING PTE LTD (100%).
Directors
According to the 2025 annual accounts
Antoine Grouès
Director
since 2026 · until 2032
since 2022 · until 2026
since 2026 · until 2032
since 2024 · until 2026
Daniel Delarbre
Director
since 2022 · until 2028
Shareholders
BESINS HEALTHCARE HOLDING PTE LTD
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Washingtonstraat 80
1050 Elsene
Groot-Bijgaardenstraat 128
1620 Drogenbos
Active since 1 January 1950
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BESINS HEALTHCARE BENELUX
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.981.955
- VAT number
- BE 0401.981.955
- Registered office
- Washingtonstraat 80, 1050 Elsene
- Names & denominations
- Besins Manufacturing Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1949
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
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