What does BEL - OR do?

BEL - OR is a jeweller in Liège. Private Limited, started on 23 April 1996, 1 establishment.

What is the address of BEL - OR?

The registered office of BEL - OR is located at Chaussée de Tongres 269 box 9, 4000 Liège.

Is BEL - OR still active?

Yes. According to the CBE (30 October 2026) BEL - OR is active, legal situation “Normale toestand”, started on 23 April 1996.

Is BEL - OR registered on Peppol?

Yes, BEL - OR is registered on the Peppol network with ID 0208:0457622244.

What is the enterprise number of BEL - OR?

The enterprise number of BEL - OR is BE0457622244.

When was BEL - OR founded?

BEL - OR was founded on 23 April 1996.

Who are the directors of BEL - OR?

According to the 2025 annual accounts, the directors of BEL - OR are: DUO-GEST SA.

Is BEL - OR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 April 1996; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did BEL - OR make in 2025?

BEL - OR posted a profit after taxes of € 1,935 in financial year 2025.

What is the revenue of BEL - OR?

As a small company, BEL - OR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 384,744.

How much does an employee at BEL - OR earn?

The average wage cost per full-time employee at BEL - OR was € 54,600 in 2025: staff costs of € 360,590 for 6.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BEL - OR have?

According to the 2025 annual accounts, BEL - OR has 6.6 full-time equivalents (FTE).

BEL - OR (Private Limited) - Liège - BE0457622244

Dossier BEL - OR, printed on 30 October 2026 from databakkes.be/en/0457622244/bel-or. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

12 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

BEL - OR from Liège, company number BE0457622244, closed financial year 2025 with a result of € 1,935 after tax. For that financial year BEL - OR recorded a gross margin of € 384,744 and equity of € 363,063. Compared with financial year 2024, the result moved from € 363 to € 1,935. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.

What it is worth Growing

€ 363,063

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1,935

▲ € 1,572 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,444

▲ 169% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 338,263.

People and assets in 2025

Full-time equivalents

6.6

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 360,590

€ 54,600 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.

Vehicles and equipment

€ 599

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 226,004

▼ 10% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 289,549

▼ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 67,081

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 435,908 Gross margin 2022: € 435,908 First fiscal year in the series	€ 418,236 Gross margin 2023: € 418,236 ▼ 4% vs 2022 (€ 435,908) Unfavourable step	€ 376,376 Gross margin 2024: € 376,376 ▼ 10% vs 2023 (€ 418,236) Unfavourable step	€ 384,744 Gross margin 2025: € 384,744 ▲ 2% vs 2024 (€ 376,376) Favourable step	▲ 2%
Profit after taxes	€ 13,447 Profit after taxes 2022: € 13,447 First fiscal year in the series	€ 4,831 Profit after taxes 2023: € 4,831 ▼ 64% vs 2022 (€ 13,447) Unfavourable step	€ 363 Profit after taxes 2024: € 363 ▼ 92% vs 2023 (€ 4,831) Unfavourable step	€ 1,935 Profit after taxes 2025: € 1,935 ▲ € 1,572 vs 2024 (€ 363) Favourable step	▲ € 1,572
Equity	€ 455,933 Equity 2022: € 455,933 First fiscal year in the series	€ 360,765 Equity 2023: € 360,765 ▼ 21% vs 2022 (€ 455,933) Unfavourable step	€ 361,128 Equity 2024: € 361,128 Unchanged (€ 360,765) Favourable step	€ 363,063 Equity 2025: € 363,063 ▲ 1% vs 2024 (€ 361,128) Favourable step	▲ 1%
Total debts	€ 676,199 Total debts 2022: € 676,199 First fiscal year in the series	€ 655,196 Total debts 2023: € 655,196 ▼ 3% vs 2022 (€ 676,199) Favourable step	€ 721,444 Total debts 2024: € 721,444 ▲ 10% vs 2023 (€ 655,196) Unfavourable step	€ 640,637 Total debts 2025: € 640,637 ▼ 11% vs 2024 (€ 721,444) Favourable step	▼ 11%
Cash	€ 6,015 Cash 2022: € 6,015 First fiscal year in the series	€ 14,891 Cash 2023: € 14,891 ▲ 148% vs 2022 (€ 6,015) Favourable step	€ 6,494 Cash 2024: € 6,494 ▼ 56% vs 2023 (€ 14,891) Unfavourable step	€ 17,444 Cash 2025: € 17,444 ▲ 169% vs 2024 (€ 6,494) Favourable step	▲ 169%
Retained profit	€ 431,133 Retained profit 2022: € 431,133 First fiscal year in the series	€ 335,964 Retained profit 2023: € 335,964 ▼ 22% vs 2022 (€ 431,133) Unfavourable step	€ 336,327 Retained profit 2024: € 336,327 Unchanged (€ 335,964) Favourable step	€ 338,263 Retained profit 2025: € 338,263 ▲ 1% vs 2024 (€ 336,327) Favourable step	▲ 1%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 348,022 Bank debt 2022: € 348,022 First fiscal year in the series	€ 230,758 Bank debt 2023: € 230,758 ▼ 34% vs 2022 (€ 348,022) Favourable step	€ 252,141 Bank debt 2024: € 252,141 ▲ 9% vs 2023 (€ 230,758) Unfavourable step	€ 226,004 Bank debt 2025: € 226,004 ▼ 10% vs 2024 (€ 252,141) Favourable step	▼ 10%
Balance sheet total	€ 1,132,133 Balance sheet total 2022: € 1,132,133 First fiscal year in the series	€ 1,015,960 Balance sheet total 2023: € 1,015,960 ▼ 10% vs 2022 (€ 1,132,133) Unchanged	€ 1,082,572 Balance sheet total 2024: € 1,082,572 ▲ 7% vs 2023 (€ 1,015,960) Unchanged	€ 1,003,700 Balance sheet total 2025: € 1,003,700 ▼ 7% vs 2024 (€ 1,082,572) Unchanged	▼ 7%
Employees (FTE)	7.9 Employees (FTE) 2022: 7.9 First fiscal year in the series	7 Employees (FTE) 2023: 7 ▼ 0.9 vs 2022 (7.9) Unchanged	6.6 Employees (FTE) 2024: 6.6 ▼ 0.4 vs 2023 (7) Unchanged	6.6 Employees (FTE) 2025: 6.6 Unchanged (6.6) Unchanged

Key figures of BEL - OR, 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 BEL - OR?

What happened at BEL - OR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 24, 2026 New annual accounts for financial year 2025: profit of € 1,935 (▲ € 1,572 vs 2024). Source: NBB ↗
2018 DUO-GEST SA became a director. NBB
Jun 19, 1996 New establishment in Liège. KBO
Apr 23, 1996 Start of the company according to the CBE. KBO

In short

From € 13,447 profit in 2022 to € 1,935 profit in 2025.

Paid € 27,053 in corporate taxes since 2022.

Best year ever: 2022, with € 13,447 profit.

On average € 58,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

PRESTOR 98.9%

A.D.C. INVESTMENT 1%

The stake of PRESTOR, A.D.C. INVESTMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BEL - OR

SWARO 100%

Behind BEL - OR is DUO-GEST SA. The shares are held by PRESTOR (98.9%) and A.D.C. INVESTMENT (1%). It owns 100% of SWARO itself.

Directors

According to the 2025 annual accounts

DUO-GEST SA

Director · represented by David BONJEAN

Also active at: A.D.C. INVESTMENT, PRESTOR

since 2018

Shareholders

PRESTOR

98.9%

A.D.C. INVESTMENT

Participations

SWARO

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Tongres 269 box 9

4000 Liège

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.

All companies at this address →

A.D.C. INVESTMENT same network

€ 347,673 gross margin · 2025

LA GRANGE

€ 275,740 gross margin · 2025

PRESTOR same network

€ -1,208 gross margin · 2026

GUESSO

€ 1.2 million gross margin · 2025

ROCOURT ICE CREAM

€ 173,522 gross margin · 2025

+7 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

0457.622.244

VAT number

BE 0457.622.244

Registered office

Chaussée de Tongres 269 bus 9, 4000 Liège

Names & denominations

BEL - OR

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 April 1996

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Detailhandel in uurwerken en sieraden

Gespecialiseerde detailhandel in uurwerken en sieradenhorloges en sieraden

Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden

Reparatie van uurwerken, horloges en sieraden

Groothandel in uurwerken en sieraden

Reparatie en onderhoud van uurwerken en sieraden

View on CBE Public ↗ Annual accounts (NBB) ↗

BEL - OR

Warning lights

Financials

What happened to BEL - OR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions