Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.3 to 2.3.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
BELLE & MOI from Zulte, company number BE0439688726, closed financial year 2025 with a result of € -301,751 after tax. For that financial year BELLE & MOI recorded a gross margin of € -62,671 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 97,838 to € -301,751. 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 February 4, 2026.
€ 1.3 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -301,751
▼ still € 97,838 profit in 2024
Profit after tax over the fiscal year.
€ 188,208
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
People and assets in 2025
2.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 153,173
▲ 2% vs 2024
€ 66,600 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.
€ 2,301
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 91,683
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,599
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 657,136 | € 479,811 | € 310,582 | € -62,671 | ▼ € 373,253 |
| Profit after taxes | € 288,752 | € 178,252 | € 97,838 | € -301,751 | ▼ € 399,589 |
| Equity | € 1,360,334 | € 1,538,586 | € 1,636,425 | € 1,334,674 | ▼ 18% |
| Total debts | € 444,942 | € 297,307 | € 335,016 | € 177,585 | ▼ 47% |
| Cash | € 466,763 | € 712,092 | € 800,160 | € 188,208 | ▼ 76% |
| Land & buildings | € 57,501 | € 39,708 | € 23,177 | € 0 | ▼ 100% |
| Retained profit | € 1,341,742 | € 1,519,994 | € 1,617,833 | € 1,316,082 | ▼ 19% |
| Bank debt | € 17,379 | € 11,154 | € 4,822 | € 0 | ▼ 100% |
| Balance sheet total | € 1,814,877 | € 1,860,294 | € 1,986,840 | € 1,512,259 | ▼ 24% |
| Employees (FTE) | 4.3 | 4.3 | 3 | 2.3 | ▼ 0.7 |
Key figures of BELLE & MOI, 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 October 2026.
What happened to BELLE & MOI?
What happened at BELLE & MOI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BELLE & MOI is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 301,751 (▼ € 399,589 vs 2024). filed late Source: NBB ↗
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 288,752 profit in 2022 to € 301,751 loss in 2025.
Paid € 175,836 in corporate taxes since 2022.
Best year ever: 2022, with € 288,752 profit.
On average € 103,500 of value added per employee in 2024.
Management
The stake of Capiau Corporate Finance comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELLE & MOIBehind BELLE & MOI is Capiau Corporate Finance BV. The shares are held by Capiau Corporate Finance (100%).
Directors
According to the 2025 annual accounts
Director · represented by Johan CAPIAU
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Steenweg 149
9870 Zulte
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.688.726
- VAT number
- BE 0439.688.726
- Registered office
- Grote Steenweg 149, 9870 Zulte
- Names & denominations
- BELLE & MOI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 2 February 1990
- Peppol
- Not registered
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Overige bouwinstallatie
Algemene elektrotechnische installatiewerken
Elektrische installatie
Overige bouwinstallatie, n.e.g.