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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2026
BELGINOVA from Kortrijk, company number BE0452405129, closed financial year 2026 with a result of € 14,183 after tax. For that financial year BELGINOVA recorded a gross margin of € 61,428 and equity of € -483,087. Compared with financial year 2025, the result moved from € -25,889 to € 14,183. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ -483,087
▲ € 14,183 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,183
▲ still € 25,889 loss in 2025
Profit after tax over the fiscal year.
€ 10,695
▼ 5% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -545,087.
Debts at end 2026
€ 976,384
Loans from banks and other lenders, long and short.
€ 4,887
▼ 1% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 5,115
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 17,201 | € 85,815 | € 10,149 | € 61,428 | ▲ € 51,279 |
| Profit after taxes | € -20,071 | € -35,988 | € -25,889 | € 14,183 | ▲ € 40,072 |
| Equity | € -435,393 | € -471,381 | € -497,270 | € -483,087 | ▲ € 14,183 |
| Total debts | € 1,126,627 | € 1,091,527 | € 1,239,863 | € 1,014,272 | ▼ 18% |
| Cash | € 13,809 | € 35,724 | € 11,245 | € 10,695 | ▼ 5% |
| Retained profit | € -497,393 | € -533,381 | € -559,270 | € -545,087 | ▲ € 14,183 |
| Bank debt | € 0 | € 0 | € 0 | € 976,384 | |
| Balance sheet total | € 691,234 | € 620,146 | € 742,593 | € 531,185 | ▼ 28% |
Key figures of BELGINOVA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BELGINOVA?
What happened at BELGINOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karim Redjal stepped down as director. NBB
- NV Optakare stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 14,183. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,071 loss in 2023 to € 14,183 profit in 2026.
Best year ever: 2026, with € 14,183 profit.
Management
Directors
According to the 2026 annual accounts
· until 2031
· until 2031
Establishments
Establishment units
Physical locations of this company
Doornikserijksweg(Bel) 12
8510 Kortrijk
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
- 0452.405.129
- VAT number
- BE 0452.405.129
- Registered office
- Doornikserijksweg(Bel) 12, 8510 Kortrijk
- Names & denominations
- BELGINOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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