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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BELGRECO from Kortrijk, company number BE0471297858, closed financial year 2025 with a result of € -9,289 after tax. For that financial year BELGRECO recorded a gross margin of € 2,942 and equity of € 321,725. Compared with financial year 2024, the result moved from € -10,282 to € -9,289. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 321,725
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,289
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 640
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -308,275.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 513
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,257 | € 12,860 | € 4,785 | € 2,942 | ▼ 39% |
| Profit after taxes | € -6,217 | € 144 | € -10,282 | € -9,289 | ▲ € 993 |
| Equity | € 341,151 | € 341,295 | € 331,013 | € 321,725 | ▼ 3% |
| Total debts | € 119,983 | € 118,208 | € 124,580 | € 126,263 | ▲ 1% |
| Cash | € 5,864 | € 9,553 | € 3,280 | € 640 | ▼ 81% |
| Land & buildings | € 395,554 | € 389,011 | € 389,091 | € 382,344 | ▼ 2% |
| Retained profit | € -288,849 | € -288,705 | € -298,987 | € -308,275 | ▼ € 9,289 |
| Balance sheet total | € 461,134 | € 459,503 | € 455,594 | € 447,988 | ▼ 2% |
Key figures of BELGRECO, 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 BELGRECO?
What happened at BELGRECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vamaco NV stepped down as director. NBB
- Lutgarde Van Bogaert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,289. filed late Source: NBB ↗
- Lutgarde Van Bogaert became a director. NBB
- Vamaco NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,217 loss in 2022 to € 9,289 loss in 2025.
Best year ever: 2023, with € 144 profit.
A new publication or filing at BELGRECO? We notify you, reason included.
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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
The stake of VAMACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELGRECOThe shares are held by VAMACO (80.2%).
Establishments
Establishment units
Physical locations of this company
Guldenbergplantsoen(Kor) 6 box 41
8500 Kortrijk
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
- 0471.297.858
- VAT number
- BE 0471.297.858
- Registered office
- Guldenbergplantsoen(Kor) 6 bus 41, 8500 Kortrijk
- Names & denominations
- BELGRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2000
- Peppol
- Not registered