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
BELGA FINANCE from Elsene, company number BE0449221153, closed financial year 2025 with a result of € -6,239 after tax. For that financial year BELGA FINANCE recorded a gross margin of € 11,856 and equity of € 5,816. Compared with financial year 2024, the result moved from € -3,187 to € -6,239. The company made a loss. The buffer shrank hard: equity is 52 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 5,816
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,239
▼ 96 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -239,599.
Debts at end 2025
€ 24,754
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 1,878
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,595
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,081 | € 91,510 | € 18,010 | € 11,856 | ▼ 34% |
| Profit after taxes | € 7,523 | € 74,373 | € -3,187 | € -6,239 | ▼ € 3,053 |
| Equity | € -59,131 | € 15,242 | € 12,055 | € 5,816 | ▼ 52% |
| Total debts | € 100,484 | € 19,568 | € 36,249 | € 31,228 | ▼ 14% |
| Retained profit | € -304,546 | € -230,173 | € -233,360 | € -239,599 | ▼ € 6,239 |
| Bank debt | € 22,182 | € 4,939 | € 24,344 | € 24,754 | ▲ 2% |
| Balance sheet total | € 41,353 | € 34,810 | € 48,304 | € 37,044 | ▼ 23% |
Key figures of BELGA FINANCE, 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 BELGA FINANCE?
What happened at BELGA FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,239. Source: NBB ↗
- VINCENT VERHIEST became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,523 profit in 2022 to € 6,239 loss in 2025.
Paid € 780 in corporate taxes since 2022.
Best year ever: 2023, with € 74,373 profit.
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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 BELGA FINANCE are MARIANNE PALAMIDES, VINCENT VERHIEST and PATRICK RAES.
Directors
According to the 2025 annual accounts
MARIANNE PALAMIDES
Director
VINCENT VERHIEST
Director
since 2020
PATRICK RAES
Managing director
Establishments
Establishment units
Physical locations of this company
de Praeterestraat 38 box 10
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0449.221.153
- VAT number
- BE 0449.221.153
- Registered office
- de Praeterestraat 38 bus 10, 1050 Elsene
- Names & denominations
- BELGA FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 1993
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Activiteiten van fotografen, met uitzondering van persfotografen
Marktonderzoekbureaus
Verhuur en lease van kantoormachines, inclusief computers
Markt- en opinieonderzoek
Verhuur en lease van televisietoestellen en andere audio- en videoapparatuur
Overige fotografische activiteiten