What is the address of BEL - SET?

The registered office of BEL - SET is located at Rue d' Alliebroux 1, 1315 Incourt.

Is BEL - SET still active?

Yes. According to the CBE (30 October 2026) BEL - SET is active, legal situation “Normale toestand”, started on 1 June 1989.

Is BEL - SET registered on Peppol?

No, BEL - SET is currently not registered on the Peppol network.

What is the enterprise number of BEL - SET?

The enterprise number of BEL - SET is BE0437619161.

When was BEL - SET founded?

BEL - SET was founded on 1 June 1989.

Who are the directors of BEL - SET?

According to the 2025 annual accounts, the directors of BEL - SET are: Bruno de Thier.

Is BEL - SET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 June 1989; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did BEL - SET make in 2025?

BEL - SET recorded a loss after taxes of € 3,857 in financial year 2025.

What is the revenue of BEL - SET?

As a small company, BEL - SET is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 12,375.

BEL - SET (Private Limited) - Incourt - BE0437619161

Q: What does BEL - SET do?

BEL - SET is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 1 June 1989, 3 establishments.

Dossier BEL - SET, printed on 30 October 2026 from databakkes.be/en/0437619161/bel-set. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

BEL - SET from Incourt, company number BE0437619161, closed financial year 2025 with a result of € -3,857 after tax. For that financial year BEL - SET recorded a gross margin of € 12,375 and equity of € 133,232. Compared with financial year 2024, the result moved from € 41,221 to € -3,857. 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 July 24, 2026.

What it is worth Healthy

€ 133,232

▼ 3% vs 2024

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

Loss Caution

€ -3,857

▼ still € 41,221 profit in 2024

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 127,035.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 13,621

▼ 47% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 11,139

▼ 44% vs 2024

€ 3,232 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 410

▼ 90% vs 2024

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

Taxes

€ 9,188

▲ 11% 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	€ 26,754 Gross margin 2022: € 26,754 First fiscal year in the series	€ 21,512 Gross margin 2023: € 21,512 ▼ 20% vs 2022 (€ 26,754) Unfavourable step	€ 28,198 Gross margin 2024: € 28,198 ▲ 31% vs 2023 (€ 21,512) Favourable step	€ 12,375 Gross margin 2025: € 12,375 ▼ 56% vs 2024 (€ 28,198) Unfavourable step	▼ 56%
Profit after taxes	€ 4,760 Profit after taxes 2022: € 4,760 First fiscal year in the series	€ -4,694 Profit after taxes 2023: € -4,694 ▼ € 9,454 vs 2022 (€ 4,760) Unfavourable step	€ 41,221 Profit after taxes 2024: € 41,221 ▲ € 45,915 vs 2023 (€ -4,694) Favourable step	€ -3,857 Profit after taxes 2025: € -3,857 ▼ € 45,078 vs 2024 (€ 41,221) Unfavourable step	▼ € 45,078
Equity	€ 100,563 Equity 2022: € 100,563 First fiscal year in the series	€ 95,869 Equity 2023: € 95,869 ▼ 5% vs 2022 (€ 100,563) Unfavourable step	€ 137,089 Equity 2024: € 137,089 ▲ 43% vs 2023 (€ 95,869) Favourable step	€ 133,232 Equity 2025: € 133,232 ▼ 3% vs 2024 (€ 137,089) Unfavourable step	▼ 3%
Total debts	€ 77,510 Total debts 2022: € 77,510 First fiscal year in the series	€ 60,197 Total debts 2023: € 60,197 ▼ 22% vs 2022 (€ 77,510) Favourable step	€ 39,736 Total debts 2024: € 39,736 ▼ 34% vs 2023 (€ 60,197) Favourable step	€ 22,182 Total debts 2025: € 22,182 ▼ 44% vs 2024 (€ 39,736) Favourable step	▼ 44%
Cash	€ 769 Cash 2022: € 769 First fiscal year in the series	-	-	-
Retained profit	€ 94,365 Retained profit 2022: € 94,365 First fiscal year in the series	€ 89,671 Retained profit 2023: € 89,671 ▼ 5% vs 2022 (€ 94,365) Unfavourable step	€ 130,892 Retained profit 2024: € 130,892 ▲ 46% vs 2023 (€ 89,671) Favourable step	€ 127,035 Retained profit 2025: € 127,035 ▼ 3% vs 2024 (€ 130,892) Unfavourable step	▼ 3%
Bank debt	€ 23,191 Bank debt 2022: € 23,191 First fiscal year in the series	€ 12,633 Bank debt 2023: € 12,633 ▼ 46% vs 2022 (€ 23,191) Favourable step	€ 19,974 Bank debt 2024: € 19,974 ▲ 58% vs 2023 (€ 12,633) Unfavourable step	€ 11,139 Bank debt 2025: € 11,139 ▼ 44% vs 2024 (€ 19,974) Favourable step	▼ 44%
Balance sheet total	€ 178,072 Balance sheet total 2022: € 178,072 First fiscal year in the series	€ 156,066 Balance sheet total 2023: € 156,066 ▼ 12% vs 2022 (€ 178,072) Unchanged	€ 176,826 Balance sheet total 2024: € 176,826 ▲ 13% vs 2023 (€ 156,066) Unchanged	€ 155,414 Balance sheet total 2025: € 155,414 ▼ 12% vs 2024 (€ 176,826) Unchanged	▼ 12%

Key figures of BEL - SET, 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 BEL - SET?

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

Jul 24, 2026 New annual accounts for financial year 2025: loss of € 3,857 (▼ € 45,078 vs 2024). Source: NBB ↗
2024 Bruno de Thier became a director. NBB
Dec 29, 1992 New establishment in Ukkel. KBO
Feb 9, 1990 New establishment in Vorst. KBO
Jun 27, 1989 New establishment in Incourt. KBO
Jun 1, 1989 Start of the company according to the CBE. KBO

In short

From € 4,760 profit in 2022 to € 3,857 loss in 2025.

Paid € 14,993 in corporate taxes since 2022.

Best year ever: 2024, with € 41,221 profit.

Original PDFs at the National Bank ↗

Management

Bruno de Thier

BEL - SET

GCI SYNDIC SRL 100%

Jacquemin SRL 99%

Behind BEL - SET is Bruno de Thier. It owns 100% of GCI SYNDIC SRL and 99% of Jacquemin SRL itself.

Directors

According to the 2025 annual accounts

Bruno de Thier

Director

Also active at: Gérance Conseil Immobilier Syndic

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Rue d' Alliebroux 1

1315 Incourt

2.043.911.150

Albertlaan 137

1190 Vorst

Active since 9 February 1990

2.043.911.249

Waterloosesteenweg 1335 box 1

1180 Ukkel

Active since 29 December 1992

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

BEL-JAC-GCI

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

Details

Company number

0437.619.161

VAT number

BE 0437.619.161

Registered office

Rue d' Alliebroux 1, 1315 Incourt

Names & denominations

BEL - SET

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 June 1989

Peppol

Not registered

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

BEL - SET

Warning lights

Financials

What happened to BEL - SET?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions