Financials
Financial year 2025
BELFI from Kuurne, company number BE0434043128, closed financial year 2025 with a result of € 164,481 after tax. For that financial year BELFI recorded revenue of € 656,415 and equity of € 3.3 million. Compared with financial year 2024, the result moved from € -83,600 to € 164,481. 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 July 17, 2026.
€ 3.3 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 164,481
▲ still € 83,600 loss in 2024
Profit after tax over the fiscal year.
€ 12,679
▲ 121% 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 € 2.7 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 181,009
▲ 3% vs 2024
€ 90,500 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.
€ 308,954
▼ 94% vs 2024
Of which on lease € 207,779.
Debts at end 2025
€ 214,909
▼ 94% vs 2024
€ 61,947 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 9,423
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 1.2 million
▲ € 1.2 million vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 416,894 | € 416,716 | € 622,469 | € 656,415 | ▲ 5% |
| Profit after taxes | € 55,193 | € 2,545,255 | € -83,600 | € 164,481 | ▲ € 248,081 |
| Equity | € 261,723 | € 2,806,978 | € 2,723,378 | € 3,298,131 | ▲ 21% |
| Total debts | € 4,168,752 | € 6,306,280 | € 4,058,505 | € 1,434,911 | ▼ 65% |
| Cash | € 23,707 | € 14,005 | € 5,728 | € 12,679 | ▲ 121% |
| Land & buildings | € 2,941,257 | - | € 12,697 | € 0 | ▼ 100% |
| Retained profit | € 33,398 | € 2,578,653 | € 2,495,053 | € 2,659,534 | ▲ 7% |
| Bank debt | € 2,283,326 | € 5,671,493 | € 3,901,707 | € 214,909 | ▼ 94% |
| Balance sheet total | € 4,435,332 | € 9,965,897 | € 7,597,707 | € 4,733,042 | ▼ 38% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of BELFI, 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 BELFI?
What happened at BELFI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HI1 BV stepped down as director. NBB
- SAS Invest NV stepped down as director. NBB
- Herteleer CommV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 164,481. Source: NBB ↗
- HI1 BV became a director. NBB
- SAS Invest NV became a director. NBB
- Herteleer CommV became a director. NBB
- New establishment in Kuurne. KBO
In short
From € 55,193 profit in 2022 to € 164,481 profit in 2025.
Paid € 918,021 in corporate taxes since 2022.
Best year ever: 2023, with € 2.5 million profit.
Pays suppliers within 48 days on average.
Management
The stake of VYBOSS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELFIThe shares are held by VYBOSS (100%). It owns 100% of Bossuyt Grootkeuken NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Oscar Van hool
Also active at: SKY MAN INTERNATIONAL, AXIS, Systemat Financial Solutions, BOSSUYT GROOTKEUKEN, Systemat Talent Solutions, Artdeco, Systemat Cloud Solutions, Systemat Infrastructure Solutions +6 more
since 2025 · until 2031
Director · represented by Jef Stalmans
Also active at: SKY MAN INTERNATIONAL, AXIS, Systemat Financial Solutions, Systemat Talent Solutions, Artdeco, Systemat Cloud Solutions, Systemat Infrastructure Solutions, QuelOffice +5 more
since 2025 · until 2031
Director · represented by Jens Herteleer
Also active at: Systemat Financial Solutions, BOSSUYT GROOTKEUKEN, Systemat Talent Solutions, Systemat Cloud Solutions, Systemat Infrastructure Solutions, VYBOSS, Systemat Document Solutions, Systemat Holding +2 more
since 2025 · until 2031
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Noordlaan 19
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0434.043.128
- VAT number
- BE 0434.043.128
- Registered office
- Noordlaan 19, 8520 Kuurne
- Names & denominations
- BELFI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 1988
- Peppol
- Active · Active since 21 Oct 2026
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