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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B & S from Destelbergen, company number BE0432691264, closed financial year 2025 with a result of € -88,713 after tax. Compared with financial year 2024, the result moved from € -132,261 to € -88,713. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 2.3 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -88,713
▲ 33 % less loss than in 2024
Profit after tax over the fiscal year.
€ 13,922
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 414,352.
Debts at end 2025
€ 214,583
▼ 65% vs 2024
Loans from banks and other lenders, long and short.
€ 163,952
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1061 days on average.
€ 976
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 192,000 | € 137,959 | € 0 | - | |
| Profit after taxes | € -31,917 | € -16,110 | € -132,261 | € -88,713 | ▲ € 43,547 |
| Equity | € 2,542,212 | € 2,526,102 | € 2,393,841 | € 2,305,128 | ▼ 4% |
| Total debts | € 1,254,589 | € 928,249 | € 828,021 | € 426,091 | ▼ 49% |
| Cash | € 130,766 | € 132,978 | € 13,766 | € 13,922 | ▲ 1% |
| Land & buildings | € 2,541,237 | € 2,412,351 | € 2,315,611 | € 2,186,725 | ▼ 6% |
| Retained profit | € 651,436 | € 635,326 | € 503,065 | € 414,352 | ▼ 18% |
| Bank debt | € 1,037,263 | € 787,434 | € 614,583 | € 214,583 | ▼ 65% |
| Balance sheet total | € 4,127,876 | € 3,775,524 | € 3,535,609 | € 3,035,064 | ▼ 14% |
Key figures of B & S, fiscal years 2023 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 B & S?
What happened at B & S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koen Damme stepped down as director. NBB
- Matheo Cornelis stepped down as director. NBB
- Valerie Cornelis stepped down as director. NBB
- Ganda NV stepped down as director. NBB
- Marleen Cornelis stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 88,713. filed late Source: NBB ↗
- Koen Damme became a director. NBB
- Matheo Cornelis became a director. NBB
In short
From € 31,917 loss in 2023 to € 88,713 loss in 2025.
Paid € 4,609 in corporate taxes since 2023.
Management
The stake of GANDA, VLEESWAREN CORMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B & SThe shares are held by GANDA (70.2%) and VLEESWAREN CORMA (29.8%).
Directors
According to the 2025 annual accounts
Koen Damme
Director
Owns 7% via GANDA
Also active at: VLEESWAREN CORMA, EMERAUDE, GANDA, VLEESWAREN HOSTE, MA-VIAN
since 2024 · until 2030
since 2024 · until 2030
Valerie Cornelis
Director
Also active at: VLEESWAREN CORMA, EMERAUDE, VCPRO, GANDA, VLEESWAREN HOSTE
since 2024 · until 2030
Director · represented by Dirk Cornelis
Owns 29.3% via VLEESWAREN CORMA
Also active at: VLEESWAREN CORMA, MEESTERS HESP, Vasedel, COMEX, VLEESWAREN HOSTE
since 2021 · until 2027
since 2021 · until 2027
Shareholders
GANDA · holding of Koen Damme
70.2%
VLEESWAREN CORMA · holding of Ganda NV
29.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Haenhoutstraat 210
9070 Destelbergen
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
- 0432.691.264
- VAT number
- BE 0432.691.264
- Registered office
- Haenhoutstraat 210, 9070 Destelbergen
- Names & denominations
- B & S
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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