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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 3 to 0.
Financials
Financial year 2025
BEDELCO from Seraing, company number BE0473227762, closed financial year 2025 with a result of € -64,388 after tax. For that financial year BEDELCO recorded revenue of € 844,259 and equity of € -875,528. Compared with financial year 2024, the result moved from € -3.5 million to € -64,388. The company made a loss. 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 September 25, 2026.
€ -875,528
▼ € 64,388 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,388
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 58,294
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2025
0
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 161,622
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 69,467
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,132
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,574,572 | € 844,259 | ▼ 46% |
| Gross margin | € 665,411 | € 1,117,753 | € 85,151 | € 133,413 | ▲ 57% |
| Profit after taxes | € 306,365 | € 540,254 | € -3,477,436 | € -64,388 | ▲ € 3.4 million |
| Equity | € 2,150,056 | € 2,666,296 | € -811,140 | € -875,528 | ▼ € 64,388 |
| Total debts | € 2,639,654 | € 4,648,348 | € 3,125,289 | € 4,135,992 | ▲ 32% |
| Cash | € 8,968 | € 24,341 | € 111,449 | € 58,294 | ▼ 48% |
| Land & buildings | € 397,496 | € 444,723 | € 421,433 | € 394,010 | ▼ 7% |
| Retained profit | € 983,626 | € 1,543,746 | € -1,913,823 | € -1,958,345 | ▼ € 44,522 |
| Bank debt | € 565,186 | € 1,900,000 | € 600,000 | € 0 | ▼ 100% |
| Balance sheet total | € 4,789,710 | € 7,314,644 | € 3,289,622 | € 3,260,464 | ▼ 1% |
| Employees (FTE) | 3 | 3 | 2 | 0 | ▼ 2 |
Key figures of BEDELCO, 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 BEDELCO?
What happened at BEDELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,388. filed late Source: NBB ↗
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 306,365 profit in 2022 to € 64,388 loss in 2025.
Paid € 2,505 in corporate taxes since 2022.
Best year ever: 2023, with € 540,254 profit.
On average € 42,600 of value added per employee in 2024.
Management
The stake of CONTIPHARMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BEDELCOBehind BEDELCO is Bernard Delhez. The shares are held by CONTIPHARMA (100%). It owns 100% of Bedelco Aldjazaïr and 21% of Bedelco East Europe itself.
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
Bedelco Aldjazaïr
100%
Bedelco East Europe
21%
Establishments
Establishment units
Physical locations of this company
Rue de l'Environnement 22
4100 Seraing
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Domain
Domain
bedelco.com
Registered
2005-08-05
Registrar
eNom, LLC
Expires
2026-08-05
Website info
Features
Security
Details
- Company number
- 0473.227.762
- VAT number
- BE 0473.227.762
- Registered office
- Rue de l'Environnement 22, 4100 Seraing
- Names & denominations
- BEDELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2000
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- bedelco.com
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