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.
Financials
Financial year 2025
BEL LIGHTING from Tubize, company number BE0446960954, closed financial year 2025 with a result of € -38,200 after tax. For that financial year BEL LIGHTING recorded a gross margin of € 292,116 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -17,203 to € -38,200. 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 July 3, 2026.
€ 1.4 million
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,200
▼ 122 % more loss than in 2024
Profit after tax over the fiscal year.
€ 556,113
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2025
6.3
Average over the fiscal year, from the social balance sheet.
€ 283,405
▼ 8% vs 2024
€ 45,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 192,270
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,193
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 599,122 | € 451,928 | € 323,143 | € 292,116 | ▼ 10% |
| Profit after taxes | € 52,223 | € -50,173 | € -17,203 | € -38,200 | ▼ € 20,997 |
| Equity | € 2,089,736 | € 1,979,563 | € 1,782,360 | € 1,429,161 | ▼ 20% |
| Total debts | € 397,081 | € 324,572 | € 374,439 | € 531,310 | ▲ 42% |
| Cash | € 1,280,409 | € 1,054,422 | € 903,522 | € 556,113 | ▼ 38% |
| Land & buildings | € 86,289 | € 86,289 | € 86,289 | € 86,289 | |
| Retained profit | € 2,033,736 | € 1,923,563 | € 1,726,360 | € 1,373,161 | ▼ 20% |
| Dividend | € 90,000 | € 60,000 | € 180,000 | € 315,000 | ▲ 75% |
| Bank debt | € 19,586 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,486,817 | € 2,304,135 | € 2,156,799 | € 1,960,470 | ▼ 9% |
| Employees (FTE) | 8.6 | 7.5 | 6.3 | 6.3 |
Key figures of BEL LIGHTING, 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 BEL LIGHTING?
What happened at BEL LIGHTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,200. Source: NBB ↗
- Ioannis Terzis became a director. NBB
- New establishment in Tubize. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,223 profit in 2022 to € 38,200 loss in 2025.
Paid € 36,472 in corporate taxes since 2022.
Best year ever: 2022, with € 52,223 profit.
On average € 46,400 of value added per employee in 2025.
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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
Ioannis Terzis
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Avenue Ernest Solvay 42
1480 Tubize
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
PLANETHOSTER-8 - PlanetHoster, CA
Domain
Domain
bel-lighting.com
Registered
1999-10-20
Registrar
Combell NV
Expires
2026-10-20
Website info
Features
Security
Details
- Company number
- 0446.960.954
- VAT number
- BE 0446.960.954
- Registered office
- Avenue Ernest Solvay 42, 1480 Tubize
- Names & denominations
- BEL LIGHTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1992
- Peppol
- Active · Active since 13 May 2025
- Contact
- bel-lighting.com [email protected]
- Activities · NACE
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