Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELMO from Antwerpen, company number BE0428458106, closed financial year 2025 with a result of € 3.7 million after tax. For that financial year BELMO recorded a gross margin of € 5.3 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 11,101 to € 3.7 million. 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 October 16, 2026.
€ 4 million
▲ € 3.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.7 million
▲ € 3.7 million vs 2024
Profit after tax over the fiscal year.
€ 54,489
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.9 million.
People and assets in 2025
1.9
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 84,790
▼ 28% vs 2024
€ 44,600 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.
Debts at end 2025
€ 3.4 million
▼ 53% vs 2024
€ 168,615 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 31,638
▲ € 28,932 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,696
▼ 33% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 624,500 | € 608,616 | € 628,998 | € 5,315,359 | ▲ € 4.7 million |
| Profit after taxes | € 40,696 | € -26,309 | € 11,101 | € 3,730,544 | ▲ € 3.7 million |
| Equity | € 290,694 | € 264,385 | € 275,487 | € 4,006,030 | ▲ € 3.7 million |
| Total debts | € 7,094,955 | € 7,808,313 | € 7,595,168 | € 5,488,442 | ▼ 28% |
| Cash | € 39,969 | € 62,667 | € 397,738 | € 54,489 | ▼ 86% |
| Land & buildings | € 7,198,479 | € 6,895,027 | € 6,585,187 | € 3,849,634 | ▼ 42% |
| Retained profit | € 166,747 | € 140,438 | € 151,540 | € 3,882,083 | ▲ € 3.7 million |
| Bank debt | € 6,890,468 | € 7,497,855 | € 7,224,779 | € 3,418,781 | ▼ 53% |
| Balance sheet total | € 7,385,649 | € 8,072,698 | € 7,870,655 | € 10,707,136 | ▲ 36% |
| Employees (FTE) | 2.1 | 1.9 | 2.9 | 1.9 | ▼ 1 |
Key figures of BELMO, 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 BELMO?
What happened at BELMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Simon Van Hoof stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.7 million (▲ € 3.7 million vs 2024). filed late Source: NBB ↗
- Qualis Labor BV became a director. NBB
- Simon Van Hoof became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,696 profit in 2022 to € 3.7 million profit in 2025.
Paid € 15,089 in corporate taxes since 2022.
Best year ever: 2025, with € 3.7 million profit.
On average € 2.8 million of value added per employee in 2025.
Management
The stake of PROPERTIES MANAGEMENT & CONSULTANCY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELMOBehind BELMO is Qualis Labor BV. The shares are held by PROPERTIES MANAGEMENT & CONSULTANCY (100%).
Directors
According to the 2025 annual accounts
Director · represented by Koen De Meyer
Also active at: Businga, ENGAJI, HET LANDGOED DEVELOPMENT, Vastgoed Walther Van Hoof, ETIMAR, PROPERTIES MANAGEMENT & CONSULTANCY, VAN HOOF, BERTHOUT +4 more
since 2025
Simon Van Hoof
Director
Also active at: Businga, ENGAJI, HET LANDGOED DEVELOPMENT, Vastgoed Walther Van Hoof, ETIMAR, PROPERTIES MANAGEMENT & CONSULTANCY, VAN HOOF, BERTHOUT +5 more
since 2025 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Prins Boudewijnlaan 116
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Businga same network
€ 627,749 gross margin · 2025
ENGAJI same network
€ 24,336 gross margin · 2025
HET LANDGOED DEVELOPMENT same network
€ 428,725 gross margin · 2025
ETIMAR same network
€ 152,444 gross margin · 2025
LANPRO
€ -2,682 gross margin · 2025
+9 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
- 0428.458.106
- VAT number
- BE 0428.458.106
- Registered office
- Prins Boudewijnlaan 116, 2610 Antwerpen
- Names & denominations
- BELMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 1986
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van sociale woningen
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten