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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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELPARK from Wavre, company number BE0439050308, closed financial year 2025 with a result of € 6.8 million after tax. For that financial year BELPARK recorded revenue of € 106.5 million and equity of € 130.4 million. Compared with financial year 2024, the result moved from € 3.2 million to € 6.8 million. 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 March 19, 2026.
€ 130.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.8 million
▲ 116% vs 2024
Profit after tax over the fiscal year.
€ 671,931
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.1 million paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
701.4
▲ 40.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 33.5 million
▲ 10% vs 2024
€ 47,800 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.
€ 2.3 million
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 48.5 million
▲ 25% vs 2024
€ 6 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6.8 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 5.9 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 80,153,458 | € 85,311,410 | € 92,714,189 | € 106,495,121 | ▲ 15% |
| Profit after taxes | € 23,012,821 | € 7,094,904 | € 3,150,278 | € 6,789,226 | ▲ 116% |
| Equity | € 123,561,398 | € 126,393,286 | € 127,647,325 | € 130,356,942 | ▲ 2% |
| Total debts | € 28,767,995 | € 57,025,359 | € 63,649,731 | € 77,214,165 | ▲ 21% |
| Cash | € 809,790 | € 852,376 | € 693,115 | € 671,931 | ▼ 3% |
| Land & buildings | € 41,952,120 | € 48,912,498 | € 67,205,922 | € 74,951,547 | ▲ 12% |
| Retained profit | € 26,304,164 | € 29,142,125 | € 30,402,236 | € 33,117,927 | ▲ 9% |
| Dividend | € 0 | € 4,256,942 | € 1,890,167 | € 4,073,536 | ▲ 116% |
| Bank debt | € 120,000 | € 30,084,000 | € 38,836,353 | € 48,538,742 | ▲ 25% |
| Balance sheet total | € 153,671,587 | € 185,007,374 | € 192,419,443 | € 208,279,769 | ▲ 8% |
| Employees (FTE) | 534.9 | 585.1 | 660.5 | 701.4 | ▲ 40.9 |
Key figures of BELPARK, 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 BELPARK?
What happened at BELPARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefaan Lemey stepped down as director. NBB
- Jean-Christophe Parent stepped down as director. NBB
- Compagnie des Alpes SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.8 million (▲ 116% vs 2024). Source: NBB ↗
- Stéphane Dury stepped down as director. NBB
- Stefaan Lemey became a director. NBB
- Stéphane Dury became a director. NBB
- Jean-Christophe Parent became a director. NBB
In short
From € 23 million profit in 2022 to € 6.8 million profit in 2025.
Paid € 3.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 23 million profit.
Paid out € 10.2 million in dividends to the owners in total.
Management
The stake of Immoflor comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELPARKThe shares are held by Immoflor (1%). It owns 100% of PREMIER FINANCIAL SERVICES and 100% of IMMOFLOR itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2029
since 2021 · until 2025
since 2021 · until 2029
Compagnie des Alpes SA
Director · represented by François Fassier
since 2021 · until 2029
Shareholders
1%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Boulevard de l'Europe 100
1300 Wavre
Meenseweg 497
8902 Ieper
Active since 27 December 1989
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.050.308
- VAT number
- BE 0439.050.308
- Registered office
- Boulevard de l'Europe 100, 1300 Wavre
- Names & denominations
- BELPARK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1989
- Peppol
- Active · Active since 24 Jun 2026
- Activities · NACE
Activiteiten van pret- en themaparken
Pretparken
Exploitatie van pret- en themaparken
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening