Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 2.1 to 1.3.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELARTO BELGIE/BELGIQUE from Kapellen, company number BE0453051267, closed financial year 2025 with a result of € 28,204 after tax. For that financial year BELARTO BELGIE/BELGIQUE recorded a gross margin of € 101,315 and equity of € -10,640. Compared with financial year 2024, the result moved from € -36,076 to € 28,204. 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 June 22, 2026.
€ -10,640
▲ € 28,204 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,204
▲ still € 36,076 loss in 2024
Profit after tax over the fiscal year.
€ 21,042
▼ 15% 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 € -72,640.
People and assets in 2025
1.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 68,970
▼ 59% vs 2024
€ 53,100 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.
€ 4,031
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,160
▼ 77% 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 | € 143,910 | € 127,976 | € 138,161 | € 101,315 | ▼ 27% |
| Profit after taxes | € -41,082 | € -54,098 | € -36,076 | € 28,204 | ▲ € 64,280 |
| Equity | € 51,329 | € -2,769 | € -38,844 | € -10,640 | ▲ € 28,204 |
| Total debts | € 62,259 | € 79,033 | € 84,146 | € 54,710 | ▼ 35% |
| Cash | € 72,670 | € 36,901 | € 24,893 | € 21,042 | ▼ 15% |
| Retained profit | € -10,671 | € -64,769 | € -100,844 | € -72,640 | ▲ € 28,204 |
| Balance sheet total | € 113,588 | € 76,265 | € 45,302 | € 44,070 | ▼ 3% |
| Employees (FTE) | 2.7 | 2.1 | 2 | 1.3 | ▼ 0.7 |
Key figures of BELARTO BELGIE/BELGIQUE, 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 BELARTO BELGIE/BELGIQUE?
What happened at BELARTO BELGIE/BELGIQUE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bob Van Leeuwen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 28,204. Source: NBB ↗
- Bob Van Leeuwen became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,082 loss in 2022 to € 28,204 profit in 2025.
Paid € 853 in corporate taxes since 2022.
Best year ever: 2025, with € 28,204 profit.
On average € 77,900 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
Bob Van Leeuwen
Director
since 2019 · until 2031
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 144
2950 Kapellen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →IBS METAALBOUW
€ 58,265 gross margin · 2025
Aywaille - Bâtiment - Crédit
€ -2,991 gross margin · 2023
Beheersmaatschappij Oxford
€ 19,913 gross margin · 2025
LASAT - CORVELEYN
€ -6,136 gross margin · 2024
All Finance and Accounting
€ 469,005 gross margin · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.051.267
- VAT number
- BE 0453.051.267
- Registered office
- Antwerpsesteenweg 144, 2950 Kapellen
- Names & denominations
- BELARTO BELGIE/BELGIQUE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in kantoor- en schoolbenodigdheden
Groothandel in papierwaren, kantoor- en schoolbehoeften