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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELSIE from Ninove, company number BE0479887902, closed financial year 2025 with a result of € -508 after tax. For that financial year BELSIE recorded a gross margin of € 24,963 and equity of € 88,935. Compared with financial year 2024, the result moved from € -1,891 to € -508. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 88,935
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -508
▲ 73 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,585
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,335.
Debts at end 2025
€ 250,000
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 2,627
▲ € 2,530 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 846
▼ 69% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,537 | € 25,018 | € 19,558 | € 24,963 | ▲ 28% |
| Profit after taxes | € -979 | € -3,219 | € -1,891 | € -508 | ▲ € 1,383 |
| Equity | € 94,553 | € 91,334 | € 89,443 | € 88,935 | ▼ 1% |
| Total debts | € 402,714 | € 416,595 | € 485,312 | € 549,378 | ▲ 13% |
| Cash | € 1,693 | € 13,709 | € 5,994 | € 5,585 | ▼ 7% |
| Land & buildings | € 404,328 | € 407,672 | € 482,873 | € 462,519 | ▼ 4% |
| Retained profit | € 36,953 | € 33,734 | € 31,843 | € 31,335 | ▼ 2% |
| Bank debt | € 278,035 | € 265,707 | € 257,541 | € 250,000 | ▼ 3% |
| Balance sheet total | € 514,825 | € 524,868 | € 591,016 | € 653,896 | ▲ 11% |
Key figures of BELSIE, 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 BELSIE?
What happened at BELSIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 508. Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 979 loss in 2022 to € 508 loss in 2025.
Paid € 1,836 in corporate taxes since 2022.
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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
Behind BELSIE is ANN MARIA HAERS-VAN DER MEULEN.
Directors
According to the 2025 annual accounts
ANN MARIA HAERS-VAN DER MEULEN
Manager
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 456
9402 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.887.902
- VAT number
- BE 0479.887.902
- Registered office
- Brusselsesteenweg 456, 9402 Ninove
- Names & denominations
- BELSIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2003
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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