What does BELCOIN do?

BELCOIN is a wholesaler in Geraardsbergen. Private Limited, started on 28 May 1988, 1 establishment.

What is the address of BELCOIN?

The registered office of BELCOIN is located at Reepstraat(Ned) 15 box D, 9500 Geraardsbergen.

Is BELCOIN still active?

Yes. According to the CBE (30 October 2026) BELCOIN is active, legal situation “Normale toestand”, started on 28 May 1988.

Is BELCOIN registered on Peppol?

Yes, BELCOIN is registered on the Peppol network with ID 0208:0434310174.

What is the enterprise number of BELCOIN?

The enterprise number of BELCOIN is BE0434310174.

When was BELCOIN founded?

BELCOIN was founded on 28 May 1988.

Who are the directors of BELCOIN?

According to the 2025 annual accounts, the directors of BELCOIN are: BERNARD CARION.

Is BELCOIN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 May 1988; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did BELCOIN make in 2025?

BELCOIN posted a profit after taxes of € 62,026 in financial year 2025.

What is the revenue of BELCOIN?

As a small company, BELCOIN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 78,857.

BELCOIN (Private Limited) - Geraardsbergen - BE0434310174

Dossier BELCOIN, printed on 30 October 2026 from databakkes.be/en/0434310174/belcoin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BELCOIN from Geraardsbergen, company number BE0434310174, closed financial year 2025 with a result of € 62,026 after tax. For that financial year BELCOIN recorded a gross margin of € 78,857 and equity of € 374,319. Compared with financial year 2024, the result moved from € 83,719 to € 62,026. The company is profitable. 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 March 26, 2026.

What it is worth Growing

€ 374,319

▲ 20% vs 2024

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

Profit Healthy

€ 62,026

▼ 26% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 210,016

▲ 73% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 299,319.

People and assets in 2025

Vehicles and equipment

€ 27,634

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 75,304

▲ 132% vs 2024

€ 13,753 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 10,481

▲ 138% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,031

▲ 101% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 24,689 Gross margin 2022: € 24,689 First fiscal year in the series	€ 33,191 Gross margin 2023: € 33,191 ▲ 34% vs 2022 (€ 24,689) Favourable step	€ 95,359 Gross margin 2024: € 95,359 ▲ 187% vs 2023 (€ 33,191) Favourable step	€ 78,857 Gross margin 2025: € 78,857 ▼ 17% vs 2024 (€ 95,359) Unfavourable step	▼ 17%
Profit after taxes	€ 12,559 Profit after taxes 2022: € 12,559 First fiscal year in the series	€ 26,123 Profit after taxes 2023: € 26,123 ▲ 108% vs 2022 (€ 12,559) Favourable step	€ 83,719 Profit after taxes 2024: € 83,719 ▲ 220% vs 2023 (€ 26,123) Favourable step	€ 62,026 Profit after taxes 2025: € 62,026 ▼ 26% vs 2024 (€ 83,719) Unfavourable step	▼ 26%
Equity	€ 202,452 Equity 2022: € 202,452 First fiscal year in the series	€ 228,575 Equity 2023: € 228,575 ▲ 13% vs 2022 (€ 202,452) Favourable step	€ 312,294 Equity 2024: € 312,294 ▲ 37% vs 2023 (€ 228,575) Favourable step	€ 374,319 Equity 2025: € 374,319 ▲ 20% vs 2024 (€ 312,294) Favourable step	▲ 20%
Total debts	€ 102,335 Total debts 2022: € 102,335 First fiscal year in the series	€ 23,638 Total debts 2023: € 23,638 ▼ 77% vs 2022 (€ 102,335) Favourable step	€ 40,946 Total debts 2024: € 40,946 ▲ 73% vs 2023 (€ 23,638) Unfavourable step	€ 98,408 Total debts 2025: € 98,408 ▲ 140% vs 2024 (€ 40,946) Unfavourable step	▲ 140%
Cash	€ 49,557 Cash 2022: € 49,557 First fiscal year in the series	€ 74,467 Cash 2023: € 74,467 ▲ 50% vs 2022 (€ 49,557) Favourable step	€ 121,136 Cash 2024: € 121,136 ▲ 63% vs 2023 (€ 74,467) Favourable step	€ 210,016 Cash 2025: € 210,016 ▲ 73% vs 2024 (€ 121,136) Favourable step	▲ 73%
Land & buildings	-	-	-	€ 73,434 Land & buildings 2025: € 73,434 First fiscal year in the series
Retained profit	€ 127,452 Retained profit 2022: € 127,452 First fiscal year in the series	€ 153,575 Retained profit 2023: € 153,575 ▲ 20% vs 2022 (€ 127,452) Favourable step	€ 237,294 Retained profit 2024: € 237,294 ▲ 55% vs 2023 (€ 153,575) Favourable step	€ 299,319 Retained profit 2025: € 299,319 ▲ 26% vs 2024 (€ 237,294) Favourable step	▲ 26%
Bank debt	€ 19,272 Bank debt 2022: € 19,272 First fiscal year in the series	€ 14,111 Bank debt 2023: € 14,111 ▼ 27% vs 2022 (€ 19,272) Favourable step	€ 32,494 Bank debt 2024: € 32,494 ▲ 130% vs 2023 (€ 14,111) Unfavourable step	€ 75,304 Bank debt 2025: € 75,304 ▲ 132% vs 2024 (€ 32,494) Unfavourable step	▲ 132%
Balance sheet total	€ 304,787 Balance sheet total 2022: € 304,787 First fiscal year in the series	€ 252,214 Balance sheet total 2023: € 252,214 ▼ 17% vs 2022 (€ 304,787) Unchanged	€ 353,239 Balance sheet total 2024: € 353,239 ▲ 40% vs 2023 (€ 252,214) Unchanged	€ 472,728 Balance sheet total 2025: € 472,728 ▲ 34% vs 2024 (€ 353,239) Unchanged	▲ 34%

Key figures of BELCOIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to BELCOIN?

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

Mar 26, 2026 New annual accounts for financial year 2025: profit of € 62,026 (▼ 26% vs 2024). Source: NBB ↗
Jun 8, 1988 New establishment in Geraardsbergen. KBO
May 28, 1988 Start of the company according to the CBE. KBO

In short

From € 12,559 profit in 2022 to € 62,026 profit in 2025.

Best year ever: 2024, with € 83,719 profit.

Original PDFs at the National Bank ↗

Management

BERNARD CARION

BELCOIN

CARION

CEO BELGIUM LTD

Behind BELCOIN is BERNARD CARION. BERNARD CARION is also behind CARION and CEO BELGIUM LTD.

Directors

According to the 2025 annual accounts

BERNARD CARION

Director

Also active at: CARION, CEO BELGIUM LTD

Establishments

Establishment units

Physical locations of this company

Registered office

Reepstraat(Ned) 15 box D

9500 Geraardsbergen

2.038.564.173

Astridlaan(Ove) 85

9500 Geraardsbergen

Active since 8 June 1988

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CARION same network

€ 30,630 gross margin · 2025

Belcoin Group

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

Details

Company number

0434.310.174

VAT number

BE 0434.310.174

Registered office

Reepstraat(Ned) 15 bus D, 9500 Geraardsbergen

Names & denominations

BELCOIN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 May 1988

Peppol

Active · Active since 30 Sept 2025

Contact

[email protected]

Activities · NACE

Groothandel in andere machines en werktuigen, neg

Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.

Groothandel in andere machines en werktuigen, n.e.g.

Handelsbemiddeling in de groothandel in andere specifieke goederen

Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen

Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.

Overige detailhandel, niet in winkels

Overige detailhandel, niet in winkels en exclusief markt- en straathandel

View on CBE Public ↗ Annual accounts (NBB) ↗

BELCOIN

Financials

What happened to BELCOIN?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions