What does BEL BELGIUM do?

BEL BELGIUM is a wholesaler in Braine-l'Alleud. Public Limited, started on 23 December 1968, 1 establishment.

What is the address of BEL BELGIUM?

The registered office of BEL BELGIUM is located at Avenue de Finlande 2 box 1, 1420 Braine-l'Alleud.

Is BEL BELGIUM still active?

Yes. According to the CBE (30 October 2026) BEL BELGIUM is active, legal situation “Normale toestand”, started on 23 December 1968.

Is BEL BELGIUM registered on Peppol?

Yes, BEL BELGIUM is registered on the Peppol network with ID 0208:0406085946.

What is the enterprise number of BEL BELGIUM?

The enterprise number of BEL BELGIUM is BE0406085946.

When was BEL BELGIUM founded?

BEL BELGIUM was founded on 23 December 1968.

Who are the directors of BEL BELGIUM?

According to the 2025 annual accounts, the directors of BEL BELGIUM are: Antoine FIEVET, Frédéric MEDARD, Bernard LORENT.

Is BEL BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did BEL BELGIUM make in 2025?

BEL BELGIUM posted a profit after taxes of € 3,950,323 in financial year 2025.

What is the revenue of BEL BELGIUM?

In its most recent annual accounts (2025), BEL BELGIUM reported revenue of € 116,215,312.

How much does an employee at BEL BELGIUM earn?

The average wage cost per full-time employee at BEL BELGIUM was € 118,500 in 2025: staff costs of € 6.8 million for 57 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BEL BELGIUM have?

According to the 2025 annual accounts, BEL BELGIUM has 57 full-time equivalents (FTE).

BEL BELGIUM (Public Limited) - Braine-l'Alleud

Dossier BEL BELGIUM, printed on 30 October 2026 from databakkes.be/en/0406085946/bel-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BEL BELGIUM from Braine-l'Alleud, company number BE0406085946, closed financial year 2025 with a result of € 4 million after tax. For that financial year BEL BELGIUM recorded revenue of € 116.2 million and equity of € 8.2 million. Compared with financial year 2024, the result moved from € 5.6 million to € 4 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 8.2 million

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

Profit Healthy

€ 4 million

▼ 29% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 699,244

▲ 113% vs 2024

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

Where the profit goes Pays out

€ 3.9 million paid out

100 % of the profit went to the shareholders, mostly to Fromagerie Bel SA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 2.9 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 44.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.8 million

▼ 2% vs 2024

€ 118,500 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

€ 111,732

▼ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 23.3 million

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.

Taxes and wages

€ 1.5 million

▼ 10% 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
Revenue	€ 106,476,436 Revenue 2022: € 106,476,436 First fiscal year in the series	€ 113,093,548 Revenue 2023: € 113,093,548 ▲ 6% vs 2022 (€ 106,476,436) Favourable step	€ 114,752,597 Revenue 2024: € 114,752,597 ▲ 1% vs 2023 (€ 113,093,548) Favourable step	€ 116,215,312 Revenue 2025: € 116,215,312 ▲ 1% vs 2024 (€ 114,752,597) Favourable step	▲ 1%
Profit after taxes	€ 3,194,658 Profit after taxes 2022: € 3,194,658 First fiscal year in the series	€ 5,060,095 Profit after taxes 2023: € 5,060,095 ▲ 58% vs 2022 (€ 3,194,658) Favourable step	€ 5,597,487 Profit after taxes 2024: € 5,597,487 ▲ 11% vs 2023 (€ 5,060,095) Favourable step	€ 3,950,323 Profit after taxes 2025: € 3,950,323 ▼ 29% vs 2024 (€ 5,597,487) Unfavourable step	▼ 29%
Equity	€ 20,088,477 Equity 2022: € 20,088,477 First fiscal year in the series	€ 20,132,805 Equity 2023: € 20,132,805 Unchanged (€ 20,088,477) Favourable step	€ 8,144,552 Equity 2024: € 8,144,552 ▼ 60% vs 2023 (€ 20,132,805) Unfavourable step	€ 8,162,058 Equity 2025: € 8,162,058 Unchanged (€ 8,144,552) Favourable step
Total debts	€ 27,692,780 Total debts 2022: € 27,692,780 First fiscal year in the series	€ 29,878,977 Total debts 2023: € 29,878,977 ▲ 8% vs 2022 (€ 27,692,780) Unfavourable step	€ 32,558,890 Total debts 2024: € 32,558,890 ▲ 9% vs 2023 (€ 29,878,977) Unfavourable step	€ 28,721,727 Total debts 2025: € 28,721,727 ▼ 12% vs 2024 (€ 32,558,890) Favourable step	▼ 12%
Cash	€ 1,696,298 Cash 2022: € 1,696,298 First fiscal year in the series	€ 37,495 Cash 2023: € 37,495 ▼ 98% vs 2022 (€ 1,696,298) Unfavourable step	€ 328,271 Cash 2024: € 328,271 ▲ € 290,776 vs 2023 (€ 37,495) Favourable step	€ 699,244 Cash 2025: € 699,244 ▲ 113% vs 2024 (€ 328,271) Favourable step	▲ 113%
Retained profit	€ 5,088,477 Retained profit 2022: € 5,088,477 First fiscal year in the series	€ 5,132,805 Retained profit 2023: € 5,132,805 ▲ 1% vs 2022 (€ 5,088,477) Favourable step	€ 3,144,552 Retained profit 2024: € 3,144,552 ▼ 39% vs 2023 (€ 5,132,805) Unfavourable step	€ 3,162,058 Retained profit 2025: € 3,162,058 ▲ 1% vs 2024 (€ 3,144,552) Favourable step	▲ 1%
Dividend	€ 3,077,857 Dividend 2022: € 3,077,857 First fiscal year in the series	€ 5,015,767 Dividend 2023: € 5,015,767 ▲ 63% vs 2022 (€ 3,077,857) Unchanged	€ 7,585,740 Dividend 2024: € 7,585,740 ▲ 51% vs 2023 (€ 5,015,767) Unchanged	€ 3,932,817 Dividend 2025: € 3,932,817 ▼ 48% vs 2024 (€ 7,585,740) Unchanged	▼ 48%
Balance sheet total	€ 48,033,716 Balance sheet total 2022: € 48,033,716 First fiscal year in the series	€ 50,298,481 Balance sheet total 2023: € 50,298,481 ▲ 5% vs 2022 (€ 48,033,716) Unchanged	€ 40,739,912 Balance sheet total 2024: € 40,739,912 ▼ 19% vs 2023 (€ 50,298,481) Unchanged	€ 37,553,784 Balance sheet total 2025: € 37,553,784 ▼ 8% vs 2024 (€ 40,739,912) Unchanged	▼ 8%
Employees (FTE)	60.2 Employees (FTE) 2022: 60.2 First fiscal year in the series	58.6 Employees (FTE) 2023: 58.6 ▼ 1.6 vs 2022 (60.2) Unchanged	59.9 Employees (FTE) 2024: 59.9 ▲ 1.3 vs 2023 (58.6) Unchanged	57 Employees (FTE) 2025: 57 ▼ 2.9 vs 2024 (59.9) Unchanged	▼ 2.9

Key figures of BEL 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 BEL BELGIUM?

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

2029 Antoine FIEVET stepped down as director. NBB
2029 Frédéric MEDARD stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 4 million (▼ 29% vs 2024). Source: NBB ↗
2026 Bernard LORENT stepped down as director. NBB
2024 Antoine FIEVET became a director. NBB
2024 Frédéric MEDARD became a director. NBB
2023 Bernard LORENT became a director. NBB
Dec 23, 1968 Start of the company according to the CBE. KBO

In short

From € 3.2 million profit in 2022 to € 4 million profit in 2025.

Paid € 6.4 million in corporate taxes since 2022.

Best year ever: 2024, with € 5.6 million profit.

Paid out € 19.6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Fromagerie Bel SA 99.9%

Société de participations industrielles et commerciales 0.1%

Société anonyme des fermiers réunis

Fromageries Picon

BEL BELGIUM

The shares are held by Fromagerie Bel SA (99.9%), Société de participations industrielles et commerciales (0.1%), Société anonyme des fermiers réunis and Fromageries Picon.

Directors

According to the 2025 annual accounts

Antoine FIEVET

Chairman of the board

since 2024 · until 2029

Frédéric MEDARD

Director

since 2024 · until 2029

Bernard LORENT

Director

Also active at: DEVELOPPEMENT ACTIONS COORDONNEES

since 2023 · until 2026

Shareholders

Fromagerie Bel SA

99.9%

Société de participations industrielles et commerciales

0.1%

Société anonyme des fermiers réunis

Fromageries Picon

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue de Finlande 2 box 1

1420 Braine-l'Alleud

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

Details

Company number

0406.085.946

VAT number

BE 0406.085.946

Registered office

Avenue de Finlande 2 bus 1, 1420 Braine-l'Alleud

Names & denominations

BEL BELGIUM · Fromageries BEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 December 1968

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in zuivelproducten en eieren

Groothandel in zuivelproducten, eieren, spijsoliën en -vetten

View on CBE Public ↗ Annual accounts (NBB) ↗