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.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELFOX from Deerlijk, company number BE0457860190, closed financial year 2025 with a result of € 138,308 after tax. For that financial year BELFOX recorded a gross margin of € 174,151 and equity of € -271,231. Compared with financial year 2024, the result moved from € 3,808 to € 138,308. 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 December 31, 2025.
€ -271,231
▲ € 138,308 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 138,308
▲ € 134,500 vs 2024
Profit after tax over the fiscal year.
€ 16,660
▲ 76% 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 € -391,231.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,867
▲ € 2,357 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,049
▲ 34% 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 | € 7,671 | € 31,274 | € 15,249 | € 174,151 | ▲ € 158,902 |
| Profit after taxes | € -15,922 | € 7,050 | € 3,808 | € 138,308 | ▲ € 134,500 |
| Equity | € -420,396 | € -413,346 | € -409,538 | € -271,231 | ▲ € 138,308 |
| Total debts | € 1,139,031 | € 1,158,381 | € 790,061 | € 580,273 | ▼ 27% |
| Cash | € 268,238 | € 454,393 | € 9,440 | € 16,660 | ▲ 76% |
| Land & buildings | € 29,223 | € 23,184 | € 17,144 | € 0 | ▼ 100% |
| Retained profit | € -540,396 | € -533,346 | € -529,538 | € -391,231 | ▲ € 138,308 |
| Balance sheet total | € 718,635 | € 745,035 | € 380,523 | € 309,043 | ▼ 19% |
Key figures of BELFOX, 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 January 2027.
What happened to BELFOX?
What happened at BELFOX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 138,308 (▲ € 134,500 vs 2024). Source: NBB ↗
- Eric Devos became a director. NBB
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,922 loss in 2022 to € 138,308 profit in 2025.
Best year ever: 2025, with € 138,308 profit.
Management
Behind BELFOX is Eric Devos. Eric Devos is also behind MIDDELHOF and EPEKO.
Establishments
Establishment units
Physical locations of this company
Wafelstraat 34
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0457.860.190
- VAT number
- BE 0457.860.190
- Registered office
- Wafelstraat 34, 8540 Deerlijk
- Names & denominations
- BELFOX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1996
- Peppol
- Active · Active since 11 Jun 2025
- Activities · NACE
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