Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Belcor from Hannut, company number BE0446855640, closed financial year 2025 with a result of € -1,621 after tax. For that financial year Belcor recorded a gross margin of € -1,387 and equity of € 26,824. Compared with financial year 2024, the result moved from € -1,482 to € -1,621. 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 June 16, 2026.
€ 26,824
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,621
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 953
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,149.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,183 | € -2,574 | € -1,252 | € -1,387 | ▼ € 135 |
| Profit after taxes | € -1,577 | € -3,125 | € -1,482 | € -1,621 | ▼ € 139 |
| Equity | € 33,052 | € 29,928 | € 28,446 | € 26,824 | ▼ 6% |
| Total debts | € 8,774 | € 11,694 | € 13,044 | € 14,694 | ▲ 13% |
| Cash | € 1,261 | € 1,057 | € 925 | € 953 | ▲ 3% |
| Retained profit | € -28,921 | € -32,046 | € -33,528 | € -35,149 | ▼ € 1,621 |
| Balance sheet total | € 41,826 | € 41,622 | € 41,489 | € 41,518 |
Key figures of Belcor, 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 Belcor?
What happened at Belcor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ives CORBEEL stepped down as director. NBB
- Véronique CORBEEL stepped down as director. NBB
- Anne-Christine CORBEEL stepped down as director. NBB
- Emmanuel CORBEEL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,621. Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,577 loss in 2022 to € 1,621 loss in 2025.
Paid € 0 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Ives CORBEEL
Managing director
· until 2029
Véronique CORBEEL
Administratrice
· until 2029
Anne-Christine CORBEEL
Administratrice
· until 2029
· until 2029
Establishments
Establishment units
Physical locations of this company
Rue Lambert Mottart 5
4280 Hannut
Egelantierenlaan 39
1150 Sint-Pieters-Woluwe
Active since 1 April 1992
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
- 0446.855.640
- VAT number
- BE 0446.855.640
- Registered office
- Rue Lambert Mottart 5, 4280 Hannut
- Names & denominations
- Belcor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1992
- Peppol
- Not registered