What does STUDYBEL do?

STUDYBEL is an engineering firm in Evere. Public Limited, started on 4 February 1982, 1 establishment.

What is the address of STUDYBEL?

The registered office of STUDYBEL is located at Genèvestraat 175, 1140 Evere.

Is STUDYBEL still active?

Yes. According to the CBE (29 October 2026) STUDYBEL is active, legal situation “Normale toestand”, started on 4 February 1982.

Is STUDYBEL registered on Peppol?

Yes, STUDYBEL is registered on the Peppol network with ID 0208:0422415501.

What is the enterprise number of STUDYBEL?

The enterprise number of STUDYBEL is BE0422415501.

When was STUDYBEL founded?

STUDYBEL was founded on 4 February 1982.

Who are the directors of STUDYBEL?

According to the 2025 annual accounts, the directors of STUDYBEL are: Patrick BOCCARD, Philippe LAZARE, Cédric BOITTE, Bruno BOCCARD.

Is STUDYBEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 February 1982; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did STUDYBEL make in 2025?

STUDYBEL recorded a loss after taxes of € 418,725 in financial year 2025.

What is the revenue of STUDYBEL?

In its most recent annual accounts (2025), STUDYBEL reported revenue of € 4,399,380.

How much does an employee at STUDYBEL earn?

The average wage cost per full-time employee at STUDYBEL was € 103,800 in 2025: staff costs of € 2.9 million for 27.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does STUDYBEL have?

According to the 2025 annual accounts, STUDYBEL has 27.7 full-time equivalents (FTE).

Does STUDYBEL have a website?

Yes, STUDYBEL has a website at studybel.com.

STUDYBEL (Public Limited) - Evere - BE0422415501

Dossier STUDYBEL, printed on 29 October 2026 from databakkes.be/en/0422415501/studybel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

STUDYBEL from Evere, company number BE0422415501, closed financial year 2025 with a result of € -418,724 after tax. For that financial year STUDYBEL recorded revenue of € 4.4 million and equity of € 131,165. Compared with financial year 2024, the result moved from € 34,515 to € -418,724. The company made a loss. The buffer shrank hard: equity is 76 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Shrank hard

€ 131,165

▼ 76% vs 2024

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

Loss Caution

€ -418,724

▼ still € 34,515 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 510,611

▲ 95% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 69,165.

People and assets in 2025

Full-time equivalents

27.7

▲ 0.4 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: € 1.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.9 million

▲ 14% vs 2024

€ 103,800 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

€ 14,943

▼ 43% 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

€ 893,871

▲ 154% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.

Taxes and wages

€ 575,324

▲ 1% 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	€ 2,451,660 Revenue 2022: € 2,451,660 First fiscal year in the series	€ 3,858,269 Revenue 2023: € 3,858,269 ▲ 57% vs 2022 (€ 2,451,660) Favourable step	€ 6,120,913 Revenue 2024: € 6,120,913 ▲ 59% vs 2023 (€ 3,858,269) Favourable step	€ 4,399,380 Revenue 2025: € 4,399,380 ▼ 28% vs 2024 (€ 6,120,913) Unfavourable step	▼ 28%
Profit after taxes	€ 15,181 Profit after taxes 2022: € 15,181 First fiscal year in the series	€ 8,374 Profit after taxes 2023: € 8,374 ▼ 45% vs 2022 (€ 15,181) Unfavourable step	€ 34,515 Profit after taxes 2024: € 34,515 ▲ € 26,141 vs 2023 (€ 8,374) Favourable step	€ -418,724 Profit after taxes 2025: € -418,724 ▼ € 453,240 vs 2024 (€ 34,515) Unfavourable step	▼ € 453,240
Equity	€ 507,001 Equity 2022: € 507,001 First fiscal year in the series	€ 515,375 Equity 2023: € 515,375 ▲ 2% vs 2022 (€ 507,001) Favourable step	€ 549,890 Equity 2024: € 549,890 ▲ 7% vs 2023 (€ 515,375) Favourable step	€ 131,165 Equity 2025: € 131,165 ▼ 76% vs 2024 (€ 549,890) Unfavourable step	▼ 76%
Total debts	€ 497,068 Total debts 2022: € 497,068 First fiscal year in the series	€ 1,080,845 Total debts 2023: € 1,080,845 ▲ 117% vs 2022 (€ 497,068) Unfavourable step	€ 1,304,542 Total debts 2024: € 1,304,542 ▲ 21% vs 2023 (€ 1,080,845) Unfavourable step	€ 1,742,308 Total debts 2025: € 1,742,308 ▲ 34% vs 2024 (€ 1,304,542) Unfavourable step	▲ 34%
Cash	€ 339,490 Cash 2022: € 339,490 First fiscal year in the series	€ 343,794 Cash 2023: € 343,794 ▲ 1% vs 2022 (€ 339,490) Favourable step	€ 261,889 Cash 2024: € 261,889 ▼ 24% vs 2023 (€ 343,794) Unfavourable step	€ 510,611 Cash 2025: € 510,611 ▲ 95% vs 2024 (€ 261,889) Favourable step	▲ 95%
Land & buildings	€ 11,602 Land & buildings 2022: € 11,602 First fiscal year in the series	€ 7,317 Land & buildings 2023: € 7,317 ▼ 37% vs 2022 (€ 11,602) Unchanged	€ 3,021 Land & buildings 2024: € 3,021 ▼ 59% vs 2023 (€ 7,317) Unchanged	€ 0 Land & buildings 2025: € 0 ▼ 100% vs 2024 (€ 3,021) Unchanged	▼ 100%
Retained profit	€ 445,001 Retained profit 2022: € 445,001 First fiscal year in the series	€ 453,375 Retained profit 2023: € 453,375 ▲ 2% vs 2022 (€ 445,001) Favourable step	€ 487,890 Retained profit 2024: € 487,890 ▲ 8% vs 2023 (€ 453,375) Favourable step	€ 69,165 Retained profit 2025: € 69,165 ▼ 86% vs 2024 (€ 487,890) Unfavourable step	▼ 86%
Balance sheet total	€ 1,037,889 Balance sheet total 2022: € 1,037,889 First fiscal year in the series	€ 1,632,982 Balance sheet total 2023: € 1,632,982 ▲ 57% vs 2022 (€ 1,037,889) Unchanged	€ 1,927,796 Balance sheet total 2024: € 1,927,796 ▲ 18% vs 2023 (€ 1,632,982) Unchanged	€ 1,943,688 Balance sheet total 2025: € 1,943,688 ▲ 1% vs 2024 (€ 1,927,796) Unchanged	▲ 1%
Employees (FTE)	21.1 Employees (FTE) 2022: 21.1 First fiscal year in the series	24.6 Employees (FTE) 2023: 24.6 ▲ 3.5 vs 2022 (21.1) Unchanged	27.3 Employees (FTE) 2024: 27.3 ▲ 2.7 vs 2023 (24.6) Unchanged	27.7 Employees (FTE) 2025: 27.7 ▲ 0.4 vs 2024 (27.3) Unchanged	▲ 0.4

Key figures of STUDYBEL, 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 STUDYBEL?

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

2029 Patrick BOCCARD stepped down as director. NBB
2028 Philippe LAZARE stepped down as director. NBB
2028 Cédric BOITTE stepped down as director. NBB
2028 Bruno BOCCARD stepped down as director. NBB
Jun 15, 2026 New annual accounts for financial year 2025: loss of € 418,725 (▼ € 453,240 vs 2024). Source: NBB ↗
2024 Patrick BOCCARD became a director. NBB
2022 Philippe LAZARE became a director. NBB
2022 Cédric BOITTE became a director. NBB

In short

From € 15,181 profit in 2022 to € 418,725 loss in 2025.

Paid € 150,635 in corporate taxes since 2022.

Best year ever: 2024, with € 34,515 profit.

Pays suppliers within 117 days on average.

Original PDFs at the National Bank ↗

Management

MEURA 99%

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

STUDYBEL

MEURA S.A. 0%

The shares are held by MEURA (99%). It owns 0% of MEURA S.A. itself.

Directors

According to the 2025 annual accounts

Patrick BOCCARD

Director

Also active at: REAL FUNDS DEVELOPMENTS, BOCCARD BENELUX, MEURA, FBBP

since 2024 · until 2029

Philippe LAZARE

Director

since 2022 · until 2028

Cédric BOITTE

Director

Also active at: REAL FUNDS DEVELOPMENTS, MEURA

since 2022 · until 2028

Bruno BOCCARD

Chairman of the board

Also active at: MEURA, FBBP

since 2022 · until 2028

Shareholders

MEURA

99%

Participations

MEURA S.A.

Establishments

Establishment units

Physical locations of this company

Registered office

Genèvestraat 175

1140 Evere

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 →

SHELTER PROD

€ 34.8 million revenue · 2025

Adéquat Belgium

€ 6.9 million gross margin · 2025

NOVABEE

€ 1.3 million gross margin · 2026

Maison'Net

€ 8 million gross margin · 2025

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

Website

HTTPS studybel.com

About

Technologies

Contact Form 7Cookie ConsentCookiebotElementorFont AwesomeGoogle AnalyticsGoogle FontsNginxPHPSwiperWPBakeryWPMLWooCommerceWordPressYoast SEOjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Self-hosted

Hosting

OVH, FR

Domain

studybel.com

Registered

2000-05-04

Registrar

SafeBrands SAS

Expires

2026-05-04

Website info

HTTPS Ja

Languages FR

Features

Webshop Blog Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0422.415.501

VAT number

BE 0422.415.501

Registered office

Genèvestraat 175, 1140 Evere

Names & denominations

STUDYBEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 February 1982

Peppol

Active · Active since 2 Dec 2025

Contact

studybel.com

Activities · NACE

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Technische studiën en ingenieursactiviteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

STUDYBEL

Financials

What happened to STUDYBEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions