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 10 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
BELLINCO from Zwevegem, company number BE0420520635, closed financial year 2024 with a result of € 137,844 after tax. For that financial year BELLINCO recorded revenue of € 292,471 and equity of € 13 million. Compared with financial year 2023, the result moved from € 134,168 to € 137,844. 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 June 10, 2025.
€ 13 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,844
▲ 3% vs 2023
Profit after tax over the fiscal year.
€ 57,474
▲ 145% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 12.7 million.
Debts at end 2024
€ 500,000
Loans from banks and other lenders, long and short.
€ 152
▲ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 2,600
▼ 69% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 260,678 | € 288,193 | € 292,471 | ▲ 1% |
| Profit after taxes | € 157,954 | € 143,298 | € 134,168 | € 137,844 | ▲ 3% |
| Equity | € 12,601,988 | € 12,745,285 | € 12,844,453 | € 12,982,298 | ▲ 1% |
| Total debts | € 1,082,738 | € 1,196,184 | € 1,287,703 | € 1,358,986 | ▲ 6% |
| Cash | € 18,239 | € 12,464 | € 23,471 | € 57,474 | ▲ 145% |
| Land & buildings | € 716,113 | € 711,474 | € 710,903 | € 710,903 | |
| Retained profit | € 12,350,353 | € 12,493,651 | € 12,592,819 | € 12,730,663 | ▲ 1% |
| Dividend | € 0 | € 0 | € 35,000 | € 0 | ▼ 100% |
| Bank debt | € 553,572 | € 535,714 | € 500,000 | € 500,000 | |
| Balance sheet total | € 13,685,567 | € 13,942,311 | € 14,132,998 | € 14,342,126 | ▲ 1% |
Key figures of BELLINCO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BELLINCO?
What happened at BELLINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 137,844 (▲ 3% vs 2023). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 157,954 profit in 2021 to € 137,844 profit in 2024.
Paid € 278,706 in corporate taxes since 2021.
Best year ever: 2021, with € 157,954 profit.
Paid out € 35,000 in dividends to the owners in total.
Management
Behind BELLINCO are Arhol NV and Elisabeth Theunissen. It owns 100% of Retail Services Management and 99.4% of SCEA Chateau Badette itself.
Directors
According to the 2024 annual accounts
Managing director · represented by Arnaud Vandenbogaerde
Also active at: ANGUS GRAND CRU, WAGYU GRAND CRU
Elisabeth Theunissen
Director
Also active at: METRA, ARHOL, De Claere, RETAIL SERVICES MANAGEMENT, RETAIL SERVICES BLATON, RETAIL SERVICES ATH, RETAIL SERVICES KAIN, RETAIL SERVICES BOUSSU +2 more
Establishments
Establishment units
Physical locations of this company
Ter Klare(S) 23-25
8554 Zwevegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.520.635
- VAT number
- BE 0420.520.635
- Registered office
- Ter Klare(S) 23-25, 8554 Zwevegem
- Names & denominations
- BELLINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 1980
- Peppol
- Active · Active since 25 Jul 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg