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 39 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 110 to 86.4.
Financials
Financial year 2025
BOSAL EMISSION CONTROL SYSTEMS from Lummen, company number BE0431440855, closed financial year 2025 with a result of € -4.5 million after tax. For that financial year BOSAL EMISSION CONTROL SYSTEMS recorded revenue of € 16.4 million and equity of € 18.3 million. Compared with financial year 2024, the result moved from € -2.5 million to € -4.5 million. The company made a loss. 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 30, 2026.
€ 18.3 million
▲ € 15.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.5 million
▼ 77 % more loss than in 2024
Profit after tax over the fiscal year.
€ 104,443
▲ € 81,695 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.8 million.
People and assets in 2025
86.4
▼ 7.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.5 million
▼ 7% vs 2024
€ 121,500 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.
€ 199,523
▼ 35% vs 2024
Of which on lease € 108,791.
Debts at end 2025
€ 1.3 million
▲ 1% vs 2024
€ 60,932 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3.4 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 1.9 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,684,617 | € 23,068,324 | € 20,554,075 | € 16,412,158 | ▼ 20% |
| Profit after taxes | € 2,749,446 | € -2,995,858 | € -2,541,942 | € -4,501,245 | ▼ € 2 million |
| Equity | € 8,155,454 | € 5,159,596 | € 2,617,654 | € 18,339,168 | ▲ € 15.7 million |
| Total debts | € 15,865,924 | € 19,283,212 | € 22,439,407 | € 9,780,114 | ▼ 56% |
| Cash | € 1,751 | € 2,034 | € 22,748 | € 104,443 | ▲ € 81,695 |
| Retained profit | € 1,395,587 | € -1,600,271 | € -4,142,213 | € -3,789,561 | ▲ € 352,652 |
| Bank debt | € 679,991 | € 1,318,896 | € 1,288,303 | € 1,306,237 | ▲ 1% |
| Balance sheet total | € 24,035,814 | € 24,471,902 | € 25,082,061 | € 28,241,135 | ▲ 13% |
| Employees (FTE) | 118 | 110 | 94 | 86.4 | ▼ 7.6 |
Key figures of BOSAL EMISSION CONTROL SYSTEMS, 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 BOSAL EMISSION CONTROL SYSTEMS?
What happened at BOSAL EMISSION CONTROL SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Herwig Vanbeneden stepped down as director. NBB
- Karel Bos stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.5 million. Source: NBB ↗
- Herwig Vanbeneden became a director. NBB
- Karel Bos became a director. NBB
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.7 million profit in 2022 to € 4.5 million loss in 2025.
Paid € 284,040 in corporate taxes since 2022.
Best year ever: 2022, with € 2.7 million profit.
Pays suppliers within 104 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Bosal Nederland BV (100%).
Directors
According to the 2025 annual accounts
Herwig Vanbeneden
Director
Also active at: Bosal International Management, BOSAL FLANDERS, Bosal Energy
since 2021 · until 2027
since 2021 · until 2027
Shareholders
Bosal Nederland BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dellestraat 20
3560 Lummen
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
- 0431.440.855
- VAT number
- BE 0431.440.855
- Registered office
- Dellestraat 20, 3560 Lummen
- Names & denominations
- BOSAL EMISSION CONTROL SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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