Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BE BELLE from Oostende, company number BE0473821145, closed financial year 2025 with a result of € 2,655 after tax. For that financial year BE BELLE recorded a gross margin of € 15,580 and equity of € -79,202. Compared with financial year 2024, the result moved from € 6,424 to € 2,655. The company is profitable. 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 July 30, 2026.
€ -79,202
▲ € 2,655 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,655
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 11,179
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -167,802.
People and assets in 2025
€ 30,153
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,000
Loans from banks and other lenders, long and short.
€ 36,682
▲ € 31,782 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,407
▲ € 3,384 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 | € 5,497 | € 2,614 | € 19,317 | € 15,580 | ▼ 19% |
| Profit after taxes | € -2,361 | € -2,774 | € 6,424 | € 2,655 | ▼ 59% |
| Equity | € -85,508 | € -88,281 | € -81,857 | € -79,202 | ▲ € 2,655 |
| Total debts | € 121,858 | € 119,218 | € 113,569 | € 232,342 | ▲ 105% |
| Cash | € 360 | € 2,786 | € 4,842 | € 11,179 | ▲ 131% |
| Retained profit | € -174,108 | € -176,881 | € -170,457 | € -167,802 | ▲ € 2,655 |
| Bank debt | € 0 | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 36,350 | € 30,937 | € 31,712 | € 153,140 | ▲ € 121,428 |
Key figures of BE BELLE, 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 BE BELLE?
What happened at BE BELLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,655 (▼ 59% vs 2024). Source: NBB ↗
- Morgan Vandeghinste became a director. NBB
- Chantal Cousaert became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,361 loss in 2022 to € 2,655 profit in 2025.
Paid € 1,363 in corporate taxes since 2022.
Best year ever: 2024, with € 6,424 profit.
Management
Behind BE BELLE are Morgan Vandeghinste, Simon De Gendt and Chantal Cousaert. The same people are also behind COSION. Morgan Vandeghinste is also behind VDG Invest.
Directors
According to the 2025 annual accounts
since 2025
since 2023
Establishments
Establishment units
Physical locations of this company
Meidoornstraat 5
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.821.145
- VAT number
- BE 0473.821.145
- Registered office
- Meidoornstraat 5, 8400 Oostende
- Names & denominations
- BE BELLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2001
- Peppol
- Active · Active since 15 Oct 2026
- Activities · NACE
Schoonheidsverzorging en andere schoonheidsbehandelingen
Schoonheidsverzorging
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Reparatie en onderhoud van civiele schepen
Activiteiten van watersportclubs
Activiteiten van overige sportclubs