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.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Belgomania from Spa, company number BE0455274052, closed financial year 2025 with a result of € -560,604 after tax. For that financial year Belgomania recorded revenue of € 2.7 million and equity of € -518,148. Compared with financial year 2024, the result moved from € 598,958 to € -560,604. The company made a loss. 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 April 7, 2026.
€ -518,148
▼ € 560,604 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -560,604
▼ still € 598,958 profit in 2024
Profit after tax over the fiscal year.
€ 65,288
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
5.8
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 430,158
▼ 3% vs 2024
€ 74,200 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.
€ 1,653
▼ 57% 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.
€ 997,601
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,798
▼ 41% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,823,497 | € 3,456,387 | € 2,745,997 | ▼ 21% |
| Gross margin | € -393 | € 477,678 | € 794,437 | € -124,897 | ▼ € 919,334 |
| Profit after taxes | € -413,878 | € -95,907 | € 598,958 | € -560,604 | ▼ € 1.2 million |
| Equity | € -460,595 | € -556,502 | € 42,456 | € -518,148 | ▼ € 560,604 |
| Total debts | € 1,192,789 | € 1,893,118 | € 817,087 | € 1,044,519 | ▲ 28% |
| Cash | € 25,025 | € 24,261 | € 119,937 | € 65,288 | ▼ 46% |
| Land & buildings | € 25,079 | € 18,094 | € 14,110 | € 13,129 | ▼ 7% |
| Retained profit | € -460,595 | € -556,502 | € 42,456 | € -518,148 | ▼ € 560,604 |
| Bank debt | € 150,000 | € 150,000 | € 75,000 | € 0 | ▼ 100% |
| Balance sheet total | € 732,193 | € 1,336,616 | € 859,543 | € 526,371 | ▼ 39% |
| Employees (FTE) | 4.8 | 5.1 | 5.6 | 5.8 | ▲ 0.2 |
Key figures of Belgomania, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Belgomania?
What happened at Belgomania in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cédric THEATE stepped down as director. NBB
- Aurélie KAYE stepped down as director. NBB
- Michel GRIGNARD stepped down as director. NBB
- Pierre DUMOULIN stepped down as director. NBB
- Gérard PONT stepped down as director. NBB
- Charles GARDIER stepped down as director. NBB
- Hugues DEBATTY stepped down as director. NBB
- Jean STEFFENS stepped down as director. NBB
In short
From € 413,878 loss in 2022 to € 560,604 loss in 2025.
Best year ever: 2024, with € 598,958 profit.
On average € 141,900 of value added per employee in 2024.
Management
Directors
According to the 2025 annual accounts
Charles GARDIER
Director
since 2023 · until 2028
Hugues DEBATTY
Director
since 2023 · until 2028
Cédric THEATE
Administrateur - Président
since 2025 · until 2028
since 2023 · until 2028
Jean-Jacques BLOEMERS
Director
since 2023 · until 2028
since 2023 · until 2028
since 2025 · until 2028
Aurélie KAYE
Director
since 2023 · until 2028
Anaïs Hennemont
Administrateur
since 2020 · until 2025
Michel GRIGNARD
Director
Also active at: Cobevri, EDICOVER, VEDIA, A.I.M., SOGINVEST, ORLANDIA, LUCIMO, MARNIX 21-22 +9 more
since 2023 · until 2028
since 2023 · until 2028
since 2021 · until 2026
Nicolas Tefnin
Administrateur
since 2021 · until 2025
Ersel Kaynak
Administrateur
since 2020 · until 2025
Gérard PONT
Director
since 2023 · until 2028
Vincent LEGROS
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue Rogier 2 box B
4900 Spa
Rue Rogier 2B
4900 Spa
Active since 28 February 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE - Google LLC, US
Website info
Features
Security
Network
Details
- Company number
- 0455.274.052
- VAT number
- BE 0455.274.052
- Registered office
- Rue Rogier 2 bus B, 4900 Spa
- Names & denominations
- Belgomania
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 28 February 1995
- Peppol
- Active · Active since 17 Nov 2025
- Contact
- francofolies.be
- Activities · NACE
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