BELSEC is a wholesaler in Mol. Private Limited, started on 25 August 1975, 1 establishment.

What is the address of BELSEC?

The registered office of BELSEC is located at Wolfsbos 5, 2400 Mol.

Is BELSEC still active?

Yes. According to the CBE (30 October 2026) BELSEC is active, legal situation “Normale toestand”, started on 25 August 1975.

Is BELSEC registered on Peppol?

Yes, BELSEC is registered on the Peppol network with ID 0208:0415322128.

What is the enterprise number of BELSEC?

The enterprise number of BELSEC is BE0415322128.

When was BELSEC founded?

BELSEC was founded on 25 August 1975.

Who are the directors of BELSEC?

According to the 2025 annual accounts, the directors of BELSEC are: ASFALES BV.

Is BELSEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 August 1975; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did BELSEC make in 2025?

BELSEC posted a profit after taxes of € 118,225 in financial year 2025.

What is the revenue of BELSEC?

As a small company, BELSEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 405,373.

How much does an employee at BELSEC earn?

The average wage cost per full-time employee at BELSEC was € 61,100 in 2025: staff costs of € 226,174 for 3.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELSEC have?

According to the 2025 annual accounts, BELSEC has 3.7 full-time equivalents (FTE).

BELSEC (Private Limited) - Mol - BE0415322128

Dossier BELSEC, printed on 30 October 2026 from databakkes.be/en/0415322128/belsec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BELSEC from Mol, company number BE0415322128, closed financial year 2025 with a result of € 118,225 after tax. For that financial year BELSEC recorded a gross margin of € 405,373 and equity of € 195,563. Compared with financial year 2024, the result moved from € 194,145 to € 118,225. 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 July 20, 2026.

What it is worth Growing

€ 195,563

▲ 3% vs 2024

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

Profit Healthy

€ 118,225

▼ 39% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 164,761

▼ 12% vs 2024

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

Where the profit goes Pays out

€ 100,000 paid out

85 % of the profit went to the shareholders, mostly to Asfales (98 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

3.7

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

Wage cost

€ 226,174

▲ 7% vs 2024

€ 61,100 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

€ 56,736

▼ 3% vs 2024

Of which on lease € 31,905.

Debts at end 2025

Bank debt ≈ 1 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.

€ 23,023

▼ 43% vs 2024

€ 17,158 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 195,779

▲ 48% vs 2024

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

Taxes and wages

€ 46,587

▲ 18% 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	€ 365,490 Gross margin 2022: € 365,490 First fiscal year in the series	€ 422,928 Gross margin 2023: € 422,928 ▲ 16% vs 2022 (€ 365,490) Favourable step	€ 546,623 Gross margin 2024: € 546,623 ▲ 29% vs 2023 (€ 422,928) Favourable step	€ 405,373 Gross margin 2025: € 405,373 ▼ 26% vs 2024 (€ 546,623) Unfavourable step	▼ 26%
Profit after taxes	€ 115,151 Profit after taxes 2022: € 115,151 First fiscal year in the series	€ 50,008 Profit after taxes 2023: € 50,008 ▼ 57% vs 2022 (€ 115,151) Unfavourable step	€ 194,145 Profit after taxes 2024: € 194,145 ▲ 288% vs 2023 (€ 50,008) Favourable step	€ 118,225 Profit after taxes 2025: € 118,225 ▼ 39% vs 2024 (€ 194,145) Unfavourable step	▼ 39%
Equity	€ 153,330 Equity 2022: € 153,330 First fiscal year in the series	€ 190,603 Equity 2023: € 190,603 ▲ 24% vs 2022 (€ 153,330) Favourable step	€ 190,778 Equity 2024: € 190,778 Unchanged (€ 190,603) Favourable step	€ 195,563 Equity 2025: € 195,563 ▲ 3% vs 2024 (€ 190,778) Favourable step	▲ 3%
Total debts	€ 313,227 Total debts 2022: € 313,227 First fiscal year in the series	€ 672,988 Total debts 2023: € 672,988 ▲ 115% vs 2022 (€ 313,227) Unfavourable step	€ 393,132 Total debts 2024: € 393,132 ▼ 42% vs 2023 (€ 672,988) Favourable step	€ 365,389 Total debts 2025: € 365,389 ▼ 7% vs 2024 (€ 393,132) Favourable step	▼ 7%
Cash	€ 120,713 Cash 2022: € 120,713 First fiscal year in the series	€ 115,748 Cash 2023: € 115,748 ▼ 4% vs 2022 (€ 120,713) Unfavourable step	€ 186,529 Cash 2024: € 186,529 ▲ 61% vs 2023 (€ 115,748) Favourable step	€ 164,761 Cash 2025: € 164,761 ▼ 12% vs 2024 (€ 186,529) Unfavourable step	▼ 12%
Land & buildings	€ 19,769 Land & buildings 2022: € 19,769 First fiscal year in the series	€ 16,619 Land & buildings 2023: € 16,619 ▼ 16% vs 2022 (€ 19,769) Unchanged	€ 13,572 Land & buildings 2024: € 13,572 ▼ 18% vs 2023 (€ 16,619) Unchanged	€ 10,525 Land & buildings 2025: € 10,525 ▼ 22% vs 2024 (€ 13,572) Unchanged	▼ 22%
Retained profit	€ 78,330 Retained profit 2022: € 78,330 First fiscal year in the series	€ 115,603 Retained profit 2023: € 115,603 ▲ 48% vs 2022 (€ 78,330) Favourable step	€ 115,778 Retained profit 2024: € 115,778 Unchanged (€ 115,603) Favourable step	€ 120,563 Retained profit 2025: € 120,563 ▲ 4% vs 2024 (€ 115,778) Favourable step	▲ 4%
Dividend	€ 278,338 Dividend 2022: € 278,338 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 278,338) Unchanged	€ 181,000 Dividend 2024: € 181,000 Unchanged (€ 0) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 45% vs 2024 (€ 181,000) Unchanged	▼ 45%
Bank debt	€ 20,032 Bank debt 2022: € 20,032 First fiscal year in the series	€ 56,733 Bank debt 2023: € 56,733 ▲ 183% vs 2022 (€ 20,032) Unfavourable step	€ 40,249 Bank debt 2024: € 40,249 ▼ 29% vs 2023 (€ 56,733) Favourable step	€ 23,023 Bank debt 2025: € 23,023 ▼ 43% vs 2024 (€ 40,249) Favourable step	▼ 43%
Balance sheet total	€ 466,556 Balance sheet total 2022: € 466,556 First fiscal year in the series	€ 948,474 Balance sheet total 2023: € 948,474 ▲ 103% vs 2022 (€ 466,556) Unchanged	€ 583,911 Balance sheet total 2024: € 583,911 ▼ 38% vs 2023 (€ 948,474) Unchanged	€ 560,952 Balance sheet total 2025: € 560,952 ▼ 4% vs 2024 (€ 583,911) Unchanged	▼ 4%
Employees (FTE)	3.3 Employees (FTE) 2022: 3.3 First fiscal year in the series	3.8 Employees (FTE) 2023: 3.8 ▲ 0.5 vs 2022 (3.3) Unchanged	3.7 Employees (FTE) 2024: 3.7 ▼ 0.1 vs 2023 (3.8) Unchanged	3.7 Employees (FTE) 2025: 3.7 Unchanged (3.7) Unchanged

Key figures of BELSEC, 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 BELSEC?

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

Jul 20, 2026 New annual accounts for financial year 2025: profit of € 118,225 (▼ 39% vs 2024). Source: NBB ↗
2012 ASFALES BV became a director. NBB
Sep 1, 1975 New establishment in Mol. KBO
Aug 25, 1975 Start of the company according to the CBE. KBO

In short

From € 115,151 profit in 2022 to € 118,225 profit in 2025.

Paid € 168,416 in corporate taxes since 2022.

Best year ever: 2024, with € 194,145 profit.

On average € 109,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Asfales 98%

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

BELSEC

Behind BELSEC is ASFALES BV. The shares are held by Asfales (98%).

Directors

According to the 2025 annual accounts

ASFALES BV

Director · represented by Olivier G. Van Zinnicq Bergmann

Also active at: VIGILANCE

since 2012

Shareholders

Asfales

98%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Wolfsbos 5

2400 Mol

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

VIGILANCE same network

€ 6,374 gross margin · 2025

TPS Vastgoed België

€ 81,233 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

0415.322.128

VAT number

BE 0415.322.128

Registered office

Wolfsbos 5, 2400 Mol

Names & denominations

BELSEC · Belsec

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 August 1975

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in andere machines en werktuigen, neg

Algemene elektrotechnische installatiewerken

Elektrische installatie

Groothandel in andere machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗