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 12 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BILSA from Brussel, company number BE0441921211, closed financial year 2025 with a result of € 927 after tax. For that financial year BILSA recorded a gross margin of € 5,119 and equity of € 49,160. Compared with financial year 2024, the result moved from € 17,211 to € 927. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 49,160
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 927
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 20,694
▲ 33% 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 € -12,840.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 148,314
Supplier invoices still open on the last day of the fiscal year.
€ 11,277
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,175 | € 1,171 | € 22,577 | € 5,119 | ▼ 77% |
| Profit after taxes | € 9,202 | € -7,926 | € 17,211 | € 927 | ▼ 95% |
| Equity | € 38,947 | € 31,021 | € 48,233 | € 49,160 | ▲ 2% |
| Total debts | € 245,251 | € 233,955 | € 204,427 | € 196,331 | ▼ 4% |
| Cash | € 6,318 | € 5,297 | € 15,562 | € 20,694 | ▲ 33% |
| Retained profit | € -23,054 | € -30,979 | € -13,768 | € -12,840 | ▲ € 927 |
| Balance sheet total | € 284,198 | € 264,976 | € 252,659 | € 245,491 | ▼ 3% |
Key figures of BILSA, 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 BILSA?
What happened at BILSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Selcuk BILICI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 927 (▼ 95% vs 2024). Source: NBB ↗
- Selcuk BILICI became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,202 profit in 2022 to € 927 profit in 2025.
Paid € 3,361 in corporate taxes since 2022.
Best year ever: 2024, with € 17,211 profit.
A new publication or filing at BILSA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Selcuk BILICI
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Esplanade 1 box 86
1020 Brussel
Sainctelettesquare 6
1000 Brussel
Active since 16 November 1990
Blaesstraat 76
1000 Brussel
Active since 1 October 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →B.E.C. - Raadgevend Ingenieursbureau
€ 346,806 gross margin · 2025
International Felt Company
€ 481,124 gross margin · 2025
Moore Belgium
€ 46.7 million revenue · 2025
Royal Belgian Hockey Association
€ 6.8 million revenue · 2025
United Brands Association
€ 897,579 gross margin · 2025
+30 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.921.211
- VAT number
- BE 0441.921.211
- Registered office
- Esplanade 1 bus 86, 1020 Brussel
- Names & denominations
- BILSA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 1990
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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