What does BELTRACY do?

BELTRACY is a wholesaler in Sint-Pieters-Leeuw. Public Limited, started on 11 September 1947, 3 establishments.

What is the address of BELTRACY?

The registered office of BELTRACY is located at Bergensesteenweg 189, 1600 Sint-Pieters-Leeuw.

Is BELTRACY still active?

Yes. According to the CBE (29 October 2026) BELTRACY is active, legal situation “Normale toestand”, started on 11 September 1947.

Is BELTRACY registered on Peppol?

Yes, BELTRACY is registered on the Peppol network with ID 0208:0403160407.

What is the enterprise number of BELTRACY?

The enterprise number of BELTRACY is BE0403160407.

When was BELTRACY founded?

BELTRACY was founded on 11 September 1947.

Who are the directors of BELTRACY?

According to the 2025 annual accounts, the directors of BELTRACY are: LVO Industries SRL, Tolan SRL.

Is BELTRACY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 September 1947; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did BELTRACY make in 2025?

BELTRACY posted a profit after taxes of € 634,365 in financial year 2025.

What is the revenue of BELTRACY?

As a small company, BELTRACY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,283,468.

How much does an employee at BELTRACY earn?

The average wage cost per full-time employee at BELTRACY was € 97,400 in 2025: staff costs of € 1.5 million for 15.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELTRACY have?

According to the 2025 annual accounts, BELTRACY has 15.9 full-time equivalents (FTE).

BELTRACY (Public Limited) - Sint-Pieters-Leeuw

Dossier BELTRACY, printed on 29 October 2026 from databakkes.be/en/0403160407/beltracy. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

BELTRACY from Sint-Pieters-Leeuw, company number BE0403160407, closed financial year 2025 with a result of € 634,365 after tax. For that financial year BELTRACY recorded a gross margin of € 2.3 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 638,115 to € 634,365. The company is profitable. 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 May 13, 2026.

What it is worth Growing

€ 2.1 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 634,365

▼ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 225,931

▼ 11% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 500,000 paid out

79 % of the profit went to the shareholders, mostly to LVO INDUSTRIES (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

15.9

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▲ 13% vs 2024

€ 97,400 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.

Vehicles and equipment

€ 82,953

▲ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 579,511

▼ 33% vs 2024

€ 288,120 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 382,925

▲ 223% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 220,784

▼ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,209,856 Gross margin 2022: € 2,209,856 First fiscal year in the series	€ 2,244,499 Gross margin 2023: € 2,244,499 ▲ 2% vs 2022 (€ 2,209,856) Favourable step	€ 1,981,365 Gross margin 2024: € 1,981,365 ▼ 12% vs 2023 (€ 2,244,499) Unfavourable step	€ 2,283,468 Gross margin 2025: € 2,283,468 ▲ 15% vs 2024 (€ 1,981,365) Favourable step	▲ 15%
Profit after taxes	€ 2,430,191 Profit after taxes 2022: € 2,430,191 First fiscal year in the series	€ 685,670 Profit after taxes 2023: € 685,670 ▼ 72% vs 2022 (€ 2,430,191) Unfavourable step	€ 638,115 Profit after taxes 2024: € 638,115 ▼ 7% vs 2023 (€ 685,670) Unfavourable step	€ 634,365 Profit after taxes 2025: € 634,365 ▼ 1% vs 2024 (€ 638,115) Unfavourable step	▼ 1%
Equity	€ 1,552,827 Equity 2022: € 1,552,827 First fiscal year in the series	€ 1,758,496 Equity 2023: € 1,758,496 ▲ 13% vs 2022 (€ 1,552,827) Favourable step	€ 1,996,611 Equity 2024: € 1,996,611 ▲ 14% vs 2023 (€ 1,758,496) Favourable step	€ 2,130,976 Equity 2025: € 2,130,976 ▲ 7% vs 2024 (€ 1,996,611) Favourable step	▲ 7%
Total debts	€ 4,088,118 Total debts 2022: € 4,088,118 First fiscal year in the series	€ 3,557,759 Total debts 2023: € 3,557,759 ▼ 13% vs 2022 (€ 4,088,118) Favourable step	€ 2,896,864 Total debts 2024: € 2,896,864 ▼ 19% vs 2023 (€ 3,557,759) Favourable step	€ 2,967,452 Total debts 2025: € 2,967,452 ▲ 2% vs 2024 (€ 2,896,864) Unfavourable step	▲ 2%
Cash	€ 602,136 Cash 2022: € 602,136 First fiscal year in the series	€ 261,382 Cash 2023: € 261,382 ▼ 57% vs 2022 (€ 602,136) Unfavourable step	€ 254,911 Cash 2024: € 254,911 ▼ 2% vs 2023 (€ 261,382) Unfavourable step	€ 225,931 Cash 2025: € 225,931 ▼ 11% vs 2024 (€ 254,911) Unfavourable step	▼ 11%
Retained profit	€ 1,397,827 Retained profit 2022: € 1,397,827 First fiscal year in the series	€ 1,603,496 Retained profit 2023: € 1,603,496 ▲ 15% vs 2022 (€ 1,397,827) Favourable step	€ 1,841,611 Retained profit 2024: € 1,841,611 ▲ 15% vs 2023 (€ 1,603,496) Favourable step	€ 1,975,976 Retained profit 2025: € 1,975,976 ▲ 7% vs 2024 (€ 1,841,611) Favourable step	▲ 7%
Dividend	€ 1,450,000 Dividend 2022: € 1,450,000 First fiscal year in the series	€ 480,000 Dividend 2023: € 480,000 ▼ 67% vs 2022 (€ 1,450,000) Unchanged	€ 400,000 Dividend 2024: € 400,000 ▼ 17% vs 2023 (€ 480,000) Unchanged	€ 500,000 Dividend 2025: € 500,000 ▲ 25% vs 2024 (€ 400,000) Unchanged	▲ 25%
Bank debt	€ 2,024,604 Bank debt 2022: € 2,024,604 First fiscal year in the series	€ 1,146,081 Bank debt 2023: € 1,146,081 ▼ 43% vs 2022 (€ 2,024,604) Favourable step	€ 864,395 Bank debt 2024: € 864,395 ▼ 25% vs 2023 (€ 1,146,081) Favourable step	€ 579,511 Bank debt 2025: € 579,511 ▼ 33% vs 2024 (€ 864,395) Favourable step	▼ 33%
Balance sheet total	€ 5,640,945 Balance sheet total 2022: € 5,640,945 First fiscal year in the series	€ 5,316,255 Balance sheet total 2023: € 5,316,255 ▼ 6% vs 2022 (€ 5,640,945) Unchanged	€ 4,893,476 Balance sheet total 2024: € 4,893,476 ▼ 8% vs 2023 (€ 5,316,255) Unchanged	€ 5,098,428 Balance sheet total 2025: € 5,098,428 ▲ 4% vs 2024 (€ 4,893,476) Unchanged	▲ 4%
Employees (FTE)	12.9 Employees (FTE) 2022: 12.9 First fiscal year in the series	15.7 Employees (FTE) 2023: 15.7 ▲ 2.8 vs 2022 (12.9) Unchanged	16.1 Employees (FTE) 2024: 16.1 ▲ 0.4 vs 2023 (15.7) Unchanged	15.9 Employees (FTE) 2025: 15.9 ▼ 0.2 vs 2024 (16.1) Unchanged	▼ 0.2

Key figures of BELTRACY, 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 BELTRACY?

What happened at BELTRACY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 LVO Industries SRL stepped down as director. NBB
2029 Tolan SRL stepped down as director. NBB
May 13, 2026 New annual accounts for financial year 2025: profit of € 634,365 (▼ 1% vs 2024). Source: NBB ↗
2023 LVO Industries SRL became a director. NBB
2023 Tolan SRL became a director. NBB
Feb 1, 2022 New establishment in Merchtem. KBO
May 1, 2007 New establishment in Sint-Pieters-Leeuw. KBO
Sep 11, 1947 Start of the company according to the CBE. KBO

In short

From € 2.4 million profit in 2022 to € 634,365 profit in 2025.

Paid € 217,472 in corporate taxes since 2022.

Best year ever: 2022, with € 2.4 million profit.

On average € 143,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

LVO INDUSTRIES 100%

The stake of LVO INDUSTRIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BELTRACY

Irontec 100%

The shares are held by LVO INDUSTRIES (100%). It owns 100% of Irontec itself.

Directors

According to the 2025 annual accounts

LVO Industries SRL

Director · represented by Rodolphe Cleenewerck de Crayencour

Also active at: H & L PRODUCTIONS, CENTER FOR BASIC INTERACTIVE RESEARCH IN ASSESEMENT AND AUTOMATED TESTING-CENTER VOOR FUNDAMENTEEL INTERACTIEF ONDERZOEK ASSESMENT EN TESTAUTOMATISERING, IRONTEC, MULTITASK INDUSTRIES, MTI RPD, CG HOLDING, HOLDIRIUS, TxM Advisors +9 more

since 2023 · until 2029

Tolan SRL

Director · represented by Thomas Lancksweert

Also active at: CARE GROUP, LVO INDUSTRIES, CG HOLDING, HOLDIRIUS, TxM Advisors, NOW CUBE, Cebnex, HEIJBOER HOLDING +2 more

since 2023 · until 2029

Shareholders

LVO INDUSTRIES

100%

Participations

Irontec

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Bergensesteenweg 189

1600 Sint-Pieters-Leeuw

2.004.227.856

Dodonéestraat 16

1180 Ukkel

Active since 1 September 1947

2.335.004.091

Dooren 105

1785 Merchtem

Active since 1 February 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

SMEETS

€ 12.4 million revenue · 2025

SPL BUILDING

€ 425,606 gross margin · 2025

SPATIO

€ 177,754 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0403.160.407
VAT number: BE 0403.160.407
Registered office: Bergensesteenweg 189, 1600 Sint-Pieters-Leeuw
Names & denominations: BELTRACY · Beltracy
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 11 September 1947
Peppol: Active · Active since 9 Jan 2026
Activities · NACE: Groothandel in gereedschapswerktuigen

View on CBE Public ↗ Annual accounts (NBB) ↗