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.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Guardiar Europe from Zwevegem, company number BE0478276316, closed financial year 2025 with a result of € -4.4 million after tax. Compared with financial year 2024, the result moved from € -7.2 million to € -4.4 million. The company made a loss. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ 3.9 million
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.4 million
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 62,001
▲ 137% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.7 million.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 548,755
▼ 3% vs 2024
€ 182,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,461
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26.3 million
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 677,457
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 201 days on average.
€ 65,744
▼ 76% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 229,576 | € 386,111 | - | - | |
| Profit after taxes | € -804,802 | € -361,700 | € -7,231,565 | € -4,352,928 | ▲ € 2.9 million |
| Equity | € 15,842,213 | € 15,480,512 | € 8,248,947 | € 3,896,019 | ▼ 53% |
| Total debts | € 27,575,752 | € 27,593,804 | € 27,793,442 | € 27,123,831 | ▼ 2% |
| Cash | € 84,725 | € 65,996 | € 26,149 | € 62,001 | ▲ 137% |
| Land & buildings | € 1,069,433 | € 964,266 | € 866,822 | € 774,103 | ▼ 11% |
| Retained profit | € 6,262,607 | € 5,900,906 | € -1,330,659 | € -5,683,587 | ▼ € 4.4 million |
| Bank debt | € 26,208,972 | € 26,794,059 | € 26,730,175 | € 26,294,677 | ▼ 2% |
| Balance sheet total | € 45,805,763 | € 45,336,404 | € 37,915,591 | € 32,812,794 | ▼ 13% |
| Employees (FTE) | 3 | 3 | 3 | 3 |
Key figures of Guardiar Europe, 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 Guardiar Europe?
What happened at Guardiar Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4.4 million. filed late Source: NBB ↗
- Kamleshkumar Mistry stepped down as director. NBB
- Kamleshkumar Mistry became a director. NBB
- New establishment in Zwevegem. KBO
- Messelis Timothy became a director. NBB
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 804,802 loss in 2022 to € 4.4 million loss in 2025.
Paid € 1,279 in corporate taxes since 2022.
Management
The stake of Praesidiad Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Guardiar EuropeBehind Guardiar Europe is Messelis Timothy. The shares are held by Praesidiad Holding (100%). It owns 100% of BETAFENCE SP. Z.O.O., 100% of BETAFENCE HRVATSKA d.o.o, 99% of BETAFENCE GmbH, 80% of BETAFENCE LIMITED, 10% of GUARDIAR ARABIA LLC and 10% of BETAFENCE PERU S.A.C. itself.
Directors
According to the 2025 annual accounts
Messelis Timothy
Director
since 2018
Kamleshkumar Mistry
Director
since 2020 · until 2025
Shareholders
100%
Participations
BETAFENCE SP. Z.O.O.
100%
BETAFENCE HRVATSKA d.o.o
100%
BETAFENCE GmbH
99%
BETAFENCE LIMITED
80%
GUARDIAR ARABIA LLC
10%
BETAFENCE PERU S.A.C.
10%
Establishments
Establishment units
Physical locations of this company
Blokkestraat(Z) 34b
8550 Zwevegem
Blokkestraat(Z) 34B
8550 Zwevegem
Active since 1 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.276.316
- VAT number
- BE 0478.276.316
- Registered office
- Blokkestraat(Z) 34b, 8550 Zwevegem
- Names & denominations
- Guardiar Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2002
- Peppol
- Active · Active since 10 Jul 2025
- Activities · NACE
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