Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
BELART & CO from Wavre, company number BE0471552533, closed financial year 2025 with a result of € -189,470 after tax. For that financial year BELART & CO recorded a gross margin of € 11,524 and equity of € 921,943. Compared with financial year 2024, the result moved from € -22,338 to € -189,470. 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 November 26, 2025.
€ 921,943
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -189,470
▼ 748 % more loss than in 2024
Profit after tax over the fiscal year.
€ 216,634
▲ 190% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 900,806.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,011
▲ € 1,569 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 694,923
▲ 39% vs 2024
€ 66,664 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 21,950
▲ € 21,629 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,804
▲ € 2,467 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 | € 170,842 | € 63,523 | € 12,016 | € 11,524 | ▼ 4% |
| Profit after taxes | € 111,406 | € 720,072 | € -22,338 | € -189,470 | ▼ € 167,133 |
| Equity | € 413,679 | € 1,133,750 | € 1,111,413 | € 921,943 | ▼ 17% |
| Total debts | € 1,035,452 | € 1,067,078 | € 927,388 | € 1,147,294 | ▲ 24% |
| Cash | € 94,540 | € 355,754 | € 74,778 | € 216,634 | ▲ 190% |
| Land & buildings | € 25,175 | € 20,502 | € 15,830 | € 11,780 | ▼ 26% |
| Retained profit | € 392,543 | € 1,112,614 | € 1,090,277 | € 900,806 | ▼ 17% |
| Bank debt | € 500,307 | € 500,000 | € 500,000 | € 694,923 | ▲ 39% |
| Balance sheet total | € 1,509,130 | € 2,260,828 | € 2,098,801 | € 2,129,236 | ▲ 1% |
Key figures of BELART & CO, 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 October 2026.
What happened to BELART & CO?
What happened at BELART & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 189,470. filed late Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,406 profit in 2022 to € 189,470 loss in 2025.
Paid € 145,293 in corporate taxes since 2022.
Best year ever: 2023, with € 720,072 profit.
Management
Behind BELART & CO is Benoît Callewaert. It owns 50% of POLYBUILD, 33.3% of CDM CONSTRUCT SRL and 10% of SKYSUN HOLDING itself.
Directors
According to the 2025 annual accounts
Benoît Callewaert
Director
Also active at: RACING WINGS, SKYSUN, CDM Construct, ENTREPRISES POLYBUILD
Establishments
Establishment units
Physical locations of this company
Rue d'Angoussart 151
1301 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0471.552.533
- VAT number
- BE 0471.552.533
- Registered office
- Rue d'Angoussart 151, 1301 Wavre
- Names & denominations
- BELART & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2000
- Peppol
- Active · Active since 20 Mar 2025
- Activities · NACE
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