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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
BELS from Sint-Truiden, company number BE0450860948, closed financial year 2025 with a result of € -44,843 after tax. For that financial year BELS recorded a gross margin of € -15,419 and equity of € 172,614. Compared with financial year 2024, the result moved from € -39,618 to € -44,843. 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 22, 2026.
€ 172,614
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,843
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,719
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 111,114.
People and assets in 2025
€ 46,281
▲ 63% 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.
€ 5,055
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,643
▼ 83% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 83,822 | € 292,744 | € -13,711 | € -15,419 | ▼ € 1,708 |
| Profit after taxes | € -22,997 | € 101,254 | € -39,618 | € -44,843 | ▼ € 5,225 |
| Equity | € 1,224,998 | € 257,075 | € 217,457 | € 172,614 | ▼ 21% |
| Total debts | € 644,112 | € 59,577 | € 52,172 | € 7,698 | ▼ 85% |
| Cash | € 5,904 | € 131,619 | € 109,281 | € 5,719 | ▼ 95% |
| Land & buildings | € 364,215 | € 84,596 | € 85,271 | € 80,401 | ▼ 6% |
| Retained profit | € 94,321 | € 195,575 | € 155,957 | € 111,114 | ▼ 29% |
| Bank debt | € 68,795 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,869,110 | € 316,652 | € 269,629 | € 180,312 | ▼ 33% |
Key figures of BELS, 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 BELS?
What happened at BELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,843. Source: NBB ↗
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,997 loss in 2022 to € 44,843 loss in 2025.
Paid € 30,832 in corporate taxes since 2022.
Best year ever: 2023, with € 101,254 profit.
Management
Behind BELS are Luc Bels and Marc Bels. Luc Bels is also behind S3H, Sociaal Dienstenchequebedrijf and TOM FRUIT BRUSTEM. Marc Bels is also behind Autonoom gemeentebedrijf stadspatrimonium Sint-Truiden, AGB Trupark and Autonoom Gemeentebedrijf voor de Ontwikkeling van Sint-Truiden.
Directors
According to the 2025 annual accounts
Marc Bels
Director
Also active at: Autonoom gemeentebedrijf stadspatrimonium Sint-Truiden, AGB Trupark, Autonoom Gemeentebedrijf voor de Ontwikkeling van Sint-Truiden
Establishments
Establishment units
Physical locations of this company
Brustem-Dorp 8
3800 Sint-Truiden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0450.860.948
- VAT number
- BE 0450.860.948
- Registered office
- Brustem-Dorp 8, 3800 Sint-Truiden
- Names & denominations
- BELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 1993
- Peppol
- Active · Active since 19 Dec 2024
- Activities · NACE
Teelt van pit- en steenvruchten
Activiteiten van syndici van onroerend goed
Detailhandel in groenten en fruit