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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bellona Europa from Brussel, company number BE0458243836, closed financial year 2025 with a result of € 14,237 after tax. For that financial year Bellona Europa recorded revenue of € 3.4 million and equity of € 271,236. Compared with financial year 2024, the result moved from € 201,906 to € 14,237. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 271,236
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,237
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 475,298
▲ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
24.5
▲ 5.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 49% vs 2024
€ 96,700 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.
€ 43,371
▲ 53% 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.
€ 276,398
▲ € 243,641 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 428,297
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,045,413 | € 2,156,609 | € 3,367,466 | ▲ 56% |
| Gross margin | € 1,133,053 | € 1,763,748 | € 1,811,638 | € 2,410,877 | ▲ 33% |
| Profit after taxes | € -135,997 | € 66,410 | € 201,906 | € 14,237 | ▼ 93% |
| Equity | € -11,317 | € 55,093 | € 256,999 | € 271,236 | ▲ 6% |
| Total debts | € 720,489 | € 637,205 | € 627,693 | € 1,639,859 | ▲ 161% |
| Cash | € 327,588 | € 231,306 | € 365,035 | € 475,298 | ▲ 30% |
| Retained profit | € -11,317 | € 55,093 | € 256,999 | € 271,236 | ▲ 6% |
| Bank debt | € 1,451 | € 3,416 | € 568 | € 0 | ▼ 100% |
| Balance sheet total | € 709,172 | € 692,298 | € 884,692 | € 1,911,095 | ▲ 116% |
| Employees (FTE) | 12.2 | 17.1 | 18.8 | 24.5 | ▲ 5.7 |
Key figures of Bellona Europa, 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 Bellona Europa?
What happened at Bellona Europa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frederic Hauge stepped down as director. NBB
- Derek Taylor stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 14,237 (▼ 93% vs 2024). Source: NBB ↗
- Pierre Herben stepped down as director. NBB
- Frederic Hauge became a director. NBB
- Derek Taylor became a director. NBB
- Pierre Herben became a director. NBB
- Jonas Helseth became a director. NBB
In short
From € 135,997 loss in 2022 to € 14,237 profit in 2025.
Best year ever: 2024, with € 201,906 profit.
On average € 98,400 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
Behind Bellona Europa is Jonas Helseth.
Directors
According to the 2025 annual accounts
Jonas Helseth
Director
since 2023
Pierre Herben
Director
since 2023 · until 2025
Frederic Hauge
Director
since 2024 · until 2030
Derek Taylor
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Breydelstraat 42
1040 Brussel
Egmontstraat 15
1000 Brussel
Active since 2 November 2009
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
Self-hosted
Hosting
REDPILL-LINPRO Redpill Linpro, NO
Domain
Domain
bellona.org
Registered
1998-04-20
Registrar
GoDaddy.com, LLC
Expires
2026-04-19
Website info
Features
Security
Details
- Company number
- 0458.243.836
- VAT number
- BE 0458.243.836
- Registered office
- Breydelstraat 42, 1040 Brussel
- Names & denominations
- Bellona Europa
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 4 July 1996
- Peppol
- Active · Active since 4 Jan 2026
- Contact
- bellona.org
- Activities · NACE
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