Financials
Financial year 2025
BELMOUNT from Gent, company number BE0467280672, closed financial year 2025 with a result of € 19.6 million after tax. For that financial year BELMOUNT recorded a gross margin of € 55,210 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 12,906 to € 19.6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 1.9 million
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19.6 million
▲ € 19.6 million vs 2024
Profit after tax over the fiscal year.
€ 10,401
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19.1 million paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 565,359
▼ 1% vs 2024
Of which on lease € 565,359.
Debts at end 2025
€ 4.6 million
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 6,354
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,260 | € -26,728 | € 21,126 | € 55,210 | ▲ 161% |
| Profit after taxes | € -6,000 | € -69,146 | € 12,906 | € 19,648,281 | ▲ € 19.6 million |
| Equity | € 1,429,789 | € 1,360,643 | € 1,373,549 | € 1,896,830 | ▲ 38% |
| Total debts | € 5,038,063 | € 5,039,947 | € 24,034,148 | € 4,848,554 | ▼ 80% |
| Cash | € 155,198 | € 4,235 | € 6,058 | € 10,401 | ▲ 72% |
| Land & buildings | € 707,782 | € 680,430 | € 653,078 | € 626,426 | ▼ 4% |
| Retained profit | € 79,789 | € 10,643 | € 23,549 | € 546,830 | ▲ € 523,281 |
| Dividend | € 0 | € 0 | € 0 | € 19,125,000 | |
| Bank debt | € 0 | € 0 | € 4,730,000 | € 4,630,000 | ▼ 2% |
| Balance sheet total | € 6,488,929 | € 6,419,047 | € 25,423,534 | € 6,758,601 | ▼ 73% |
Key figures of BELMOUNT, 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 BELMOUNT?
What happened at BELMOUNT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Janine Magnel stepped down as director. NBB
- Bayfield NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 19.6 million (▲ € 19.6 million vs 2024). Source: NBB ↗
- Janine Magnel became a director. NBB
- Bayfield NV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,000 loss in 2022 to € 19.6 million profit in 2025.
Paid € 35 in corporate taxes since 2022.
Best year ever: 2025, with € 19.6 million profit.
Paid out € 19.1 million in dividends to the owners in total.
Management
It owns 100% of BAYFIELD NV itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Floraliënlaan 39
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.280.672
- VAT number
- BE 0467.280.672
- Registered office
- Floraliënlaan 39, 9000 Gent
- Names & denominations
- BELMOUNT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1999
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen