Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.8 to 3.4.
Financials
Financial year 2025
BELWALL from Mol, company number BE0450465723, closed financial year 2025 with a result of € 16,872 after tax. For that financial year BELWALL recorded a gross margin of € 243,032 and equity of € 40,993. Compared with financial year 2024, the result moved from € -40,440 to € 16,872. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 40,993
▲ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,872
▲ still € 40,440 loss in 2024
Profit after tax over the fiscal year.
€ 6,951
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 22,393.
People and assets in 2025
3.4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 211,894
▲ 31% vs 2024
€ 62,300 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.
€ 2,162
▼ 36% 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.
€ 203,382
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,466
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 208,933 | € 163,136 | € 136,603 | € 243,032 | ▲ 78% |
| Profit after taxes | € 1,206 | € 2,275 | € -40,440 | € 16,872 | ▲ € 57,312 |
| Equity | € 62,286 | € 64,561 | € 24,121 | € 40,993 | ▲ 70% |
| Total debts | € 256,225 | € 207,505 | € 200,671 | € 275,334 | ▲ 37% |
| Cash | € 15,491 | € 27,233 | € 27,395 | € 6,951 | ▼ 75% |
| Retained profit | € 43,686 | € 45,961 | € 5,521 | € 22,393 | ▲ € 16,872 |
| Bank debt | € 35,210 | € 11,990 | € 0 | € 0 | |
| Balance sheet total | € 318,510 | € 272,066 | € 224,793 | € 316,327 | ▲ 41% |
| Employees (FTE) | 3.9 | 3.8 | 3.7 | 3.4 | ▼ 0.3 |
Key figures of BELWALL, 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 BELWALL?
What happened at BELWALL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,872. filed late Source: NBB ↗
- Nalo Bouw bv became a director. NBB
- Belbuild bv became a director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,206 profit in 2022 to € 16,872 profit in 2025.
Paid € 7,845 in corporate taxes since 2022.
Best year ever: 2025, with € 16,872 profit.
On average € 71,500 of value added per employee in 2025.
Management
The stake of BELBUILD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELWALLBehind BELWALL are Belbuild bv and Nalo Bouw bv. The shares are held by BELBUILD (60.1%).
Directors
According to the 2025 annual accounts
since 2015
Director · represented by Werner Van Orshaegen
since 2018
Shareholders
60.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 18
2400 Mol
Bosdel 57
3600 Genk
Active since 27 July 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0450.465.723
- VAT number
- BE 0450.465.723
- Registered office
- Nijverheidsstraat 18, 2400 Mol
- Names & denominations
- BELWALL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1993
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
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