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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
B.S.F. from Hasselt, company number BE0414750422, closed financial year 2025 with a result of € -53,153 after tax. For that financial year B.S.F. recorded a gross margin of € 21,414 and equity of € 430. Compared with financial year 2024, the result moved from € -37,097 to € -53,153. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 430
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,153
▼ 43 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,093
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,070.
Debts at end 2025
€ 1 million
▼ 6% vs 2024
€ 62,871 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 3,663
▲ 279% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,876 | € 17,235 | € 37,205 | € 21,414 | ▼ 42% |
| Profit after taxes | € -66,678 | € -58,735 | € -37,097 | € -53,153 | ▼ € 16,056 |
| Equity | € 149,415 | € 90,680 | € 53,583 | € 430 | ▼ 99% |
| Total debts | € 1,508,848 | € 1,526,325 | € 1,518,477 | € 1,514,302 | |
| Cash | € 10,018 | € 6,180 | € 9,857 | € 13,093 | ▲ 33% |
| Land & buildings | € 1,755,470 | € 1,699,377 | € 1,647,112 | € 1,596,729 | ▼ 3% |
| Retained profit | € 86,915 | € 28,180 | € -8,917 | € -62,070 | ▼ € 53,153 |
| Bank debt | € 1,204,744 | € 1,144,930 | € 1,084,115 | € 1,022,280 | ▼ 6% |
| Balance sheet total | € 1,772,551 | € 1,726,270 | € 1,676,301 | € 1,613,949 | ▼ 4% |
Key figures of B.S.F., 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 B.S.F.?
What happened at B.S.F. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,153. Source: NBB ↗
- Added Value Services NV became a director. NBB
- Louis Kemps became a director. NBB
- New establishment in Diest. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,678 loss in 2022 to € 53,153 loss in 2025.
Management
Behind B.S.F. are Added Value Services NV and Louis Kemps. The same people are also behind Certimed, MENSURA Service Externe de Prévention et de Protection au travail, ILGAT BUSINESS PARK, RABBIT and Eazer Facility. Added Value Services NV is also behind Itzu Talent Solutions, I.M.A., AVANCE MATCHING PROFESSIONALS, FLEXU and IMA 12. Louis Kemps is also behind ADDED VALUE SERVICES, ITZU REAL ESTATE, VIVAMUS HOUSING, LOUIS KEMPS MANAGEMENT and CONNECT GROUP.
Directors
According to the 2025 annual accounts
Director · represented by Vanden Dries Nathalie
Also active at: Certimed, MENSURA Service Externe de Prévention et de Protection au travail, Itzu Talent Solutions, ILGAT BUSINESS PARK, RABBIT, I.M.A., Eazer Facility, AVANCE MATCHING PROFESSIONALS +22 more
since 2018
Louis Kemps
Managing director
Also active at: Certimed, MENSURA Service Externe de Prévention et de Protection au travail, ILGAT BUSINESS PARK, RABBIT, Eazer Facility, Itzu Home, ADDED VALUE SERVICES, IMMPACT VASTGOED +19 more
since 2010
Establishments
Establishment units
Physical locations of this company
Ilgatlaan 15 box 0.01
3500 Hasselt
Leuvensesteenweg 72
3290 Diest
Active since 28 January 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →ILGAT BUSINESS PARK same network
€ 445,667 revenue · 2025
Natuur en Wildbeheer
AVANCE MATCHING PROFESSIONALS same network
€ 355,249 gross margin · 2025
FLEXU same network
€ 9,339 gross margin · 2025
ITZU same network
€ 2.8 million revenue · 2025
+6 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
- 0414.750.422
- VAT number
- BE 0414.750.422
- Registered office
- Ilgatlaan 15 bus 0.01, 3500 Hasselt
- Names & denominations
- B.S.F.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1974
- Peppol
- Active · Active since 1 Jan 2001