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 65 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
BELLEROSE BELGIUM from Ukkel, company number BE0442058395, closed financial year 2026 with a result of € 2.7 million after tax. For that financial year BELLEROSE BELGIUM recorded revenue of € 56.7 million and equity of € 14 million. Compared with financial year 2025, the result moved from € 906,494 to € 2.7 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 July 17, 2026.
€ 14 million
▲ 24% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.7 million
▲ 202% vs 2025
Profit after tax over the fiscal year.
€ 4.9 million
▲ 43% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 11.5 million.
People and assets in 2026
127.3
▼ 2.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 8.9 million
▲ 8% vs 2025
€ 69,900 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.
€ 405,974
▲ 3% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 7 million
▼ 9% vs 2025
€ 797,712 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6.6 million
▲ 16% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 2.6 million
▲ 40% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 50,594,616 | € 53,727,150 | € 53,555,535 | € 56,742,664 | ▲ 6% |
| Profit after taxes | € 2,036,854 | € 1,162,605 | € 906,494 | € 2,740,480 | ▲ 202% |
| Equity | € 10,109,443 | € 10,813,048 | € 11,269,542 | € 14,010,022 | ▲ 24% |
| Total debts | € 15,025,427 | € 17,555,087 | € 15,832,951 | € 16,257,936 | ▲ 3% |
| Cash | € 1,228,021 | € 3,859,644 | € 3,387,474 | € 4,860,885 | ▲ 43% |
| Land & buildings | € 457,382 | € 428,486 | € 399,591 | € 370,695 | ▼ 7% |
| Retained profit | € 7,559,443 | € 8,263,048 | € 8,719,542 | € 11,460,022 | ▲ 31% |
| Dividend | € 840,000 | € 459,000 | € 450,000 | € 0 | ▼ 100% |
| Bank debt | € 6,963,329 | € 8,533,807 | € 7,684,902 | € 6,985,800 | ▼ 9% |
| Balance sheet total | € 25,134,870 | € 28,428,135 | € 27,162,493 | € 30,429,208 | ▲ 12% |
| Employees (FTE) | 117.4 | 125.4 | 129.6 | 127.3 | ▼ 2.3 |
Key figures of BELLEROSE BELGIUM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to BELLEROSE BELGIUM?
What happened at BELLEROSE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 2.7 million (▲ 202% vs 2025). Source: NBB ↗
- PVH COMPANY stepped down as director. NBB
- LP INVEST stepped down as director. NBB
- ALL THE BEST stepped down as director. NBB
- Benoît DE LANDSHEER stepped down as director. NBB
- EE-85 stepped down as director. NBB
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Brussel. KBO
In short
From € 2 million profit in 2023 to € 2.7 million profit in 2026.
Paid € 2.9 million in corporate taxes since 2023.
Best year ever: 2026, with € 2.7 million profit.
Paid out € 1.7 million in dividends to the owners in total.
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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
It owns 100% of DUOBELLE SARL itself.
Directors
According to the 2026 annual accounts
Director · represented by Patrick VAN HEURCK
since 2014 · until 2026
Director · represented by Philippe MOORTGAT
Also active at: DUVEL MOORTGAT, ANTWERP CITY BREWERY, La Vallée des Fées, Moortgat Financial Services, 83 rue des Combattants, PARALLEL, Moortgat Consumer Services, INPUT FOR YOU +2 more
since 2014 · until 2026
Managing director · represented by Frédéric VITRE
since 2015 · until 2026
Benoît DE LANDSHEER
Director
since 2014 · until 2026
Director · represented by Derek VAN HEURCK
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1213
1180 Ukkel
Rijshout 3
1702 Dilbeek
Active since 26 November 1990
Kustlaan 102
8300 Knokke-Heist
Active since 5 October 1993
Kortedagsteeg 40
9000 Gent
Active since 7 April 1994
Georges Brugmannplein 19
1050 Elsene
Active since 31 August 2006
Kartuizersstraat 11A
1000 Brussel
Active since 1 November 2006
Chaussée de Bruxelles 76 box B
1410 Waterloo
Active since 1 November 2009
Louizalaan 66
1050 Brussel
Active since 1 April 2022
Bondgenotenlaan 63-65
3000 Leuven
Active since 1 October 2021
Lombardenvest 3/5
2000 Antwerpen
Active since 1 January 2021
Noordzandstraat 53
8000 Brugge
Active since 1 April 2022
Kortrijksesteenweg 65
9830 Sint-Martens-Latem
Active since 1 August 2024
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
- 0442.058.395
- VAT number
- BE 0442.058.395
- Registered office
- Waterloosesteenweg 1213, 1180 Ukkel
- Names & denominations
- BELLEROSE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 1990
- Peppol
- Active · Active since 16 Jul 2026
- Activities · NACE
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen