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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BLS GSL from Watermaal-Bosvoorde, company number BE0442715819, closed financial year 2025 with a result of € -56,736 after tax. For that financial year BLS GSL recorded a gross margin of € -38,772 and equity of € -53,835. Compared with financial year 2024, the result moved from € -24,368 to € -56,736. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -53,835
▼ € 56,737 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,736
▼ 133 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,624
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -72,385.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,201
▼ 85% 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.
€ 111,011
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,149
▲ 81% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,851 | € 51,419 | € 7,122 | € -38,772 | ▼ € 45,894 |
| Profit after taxes | € 4,332 | € 13,965 | € -24,368 | € -56,736 | ▼ € 32,369 |
| Equity | € 13,304 | € 27,269 | € 2,901 | € -53,835 | ▼ € 56,737 |
| Total debts | € 184,212 | € 159,529 | € 275,250 | € 131,283 | ▼ 52% |
| Cash | € 88,866 | € 1,611 | € 74,111 | € 6,624 | ▼ 91% |
| Retained profit | € -5,246 | € 8,719 | € -15,649 | € -72,385 | ▼ € 56,737 |
| Dividend | € 108,718 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 197,516 | € 186,798 | € 278,151 | € 77,447 | ▼ 72% |
Key figures of BLS GSL, 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 BLS GSL?
What happened at BLS GSL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 56,737. filed late Source: NBB ↗
- Bruno HILLEGEER became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,332 profit in 2022 to € 56,737 loss in 2025.
Paid € 8,667 in corporate taxes since 2022.
Best year ever: 2023, with € 13,965 profit.
Paid out € 108,718 in dividends to the owners in total.
A new publication or filing at BLS GSL? 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
Behind BLS GSL is Bruno HILLEGEER. Bruno HILLEGEER is also behind FOURCO.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Tumulidreef 10 D
1170 Watermaal-Bosvoorde
Merellaan 33
1150 Sint-Pieters-Woluwe
Active since 26 December 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.715.819
- VAT number
- BE 0442.715.819
- Registered office
- Tumulidreef 10 D, 1170 Watermaal-Bosvoorde
- Names & denominations
- BLS GSL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1990
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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