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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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELSCAN CONTINENTAL from Gent, company number BE0480094867, closed financial year 2025 with a result of € 17,758 after tax. For that financial year BELSCAN CONTINENTAL recorded a gross margin of € 709,087 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 60,888 to € 17,758. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 1.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,758
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 24,448
▼ 76% 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 € 1.6 million.
People and assets in 2025
4.8
Average over the fiscal year, from the social balance sheet.
€ 415,700
▲ 1% vs 2024
€ 86,600 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.
€ 71,041
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 341,066
▲ 115% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 142,442
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,804,295 | - | - | - | |
| Gross margin | € 520,614 | € -80,944 | € 693,012 | € 709,087 | ▲ 2% |
| Profit after taxes | € 337,872 | € -858,435 | € 60,888 | € 17,758 | ▼ 71% |
| Equity | € 2,356,116 | € 1,497,681 | € 1,558,569 | € 1,576,327 | ▲ 1% |
| Total debts | € 2,591,798 | € 2,263,983 | € 3,858,918 | € 2,588,743 | ▼ 33% |
| Cash | € 6,550 | € 48,984 | € 99,991 | € 24,448 | ▼ 76% |
| Land & buildings | € 1,767 | € 1,687 | € 1,607 | € 1,526 | ▼ 5% |
| Retained profit | € 2,337,516 | € 1,479,081 | € 1,539,969 | € 1,557,727 | ▲ 1% |
| Dividend | € 150,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,150,000 | € 1,300,000 | € 2,700,000 | € 1,625,000 | ▼ 40% |
| Balance sheet total | € 4,947,914 | € 3,761,664 | € 5,417,487 | € 4,165,070 | ▼ 23% |
| Employees (FTE) | 3.2 | 4.6 | 4.8 | 4.8 |
Key figures of BELSCAN CONTINENTAL, 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 BELSCAN CONTINENTAL?
What happened at BELSCAN CONTINENTAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,758 (▼ 71% vs 2024). Source: NBB ↗
- Danielle Baeten became a director. NBB
- Nestor Erard BV became a director. NBB
- Geboesi Commv became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 337,872 profit in 2022 to € 17,758 profit in 2025.
Paid € 128,238 in corporate taxes since 2022.
Best year ever: 2022, with € 337,872 profit.
On average € 147,700 of value added per employee in 2025.
Management
The stake of DISTRIFUND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELSCAN CONTINENTALBehind BELSCAN CONTINENTAL are Danielle Baeten, Geboesi Commv and Nestor Erard BV. The shares are held by DISTRIFUND (99%).
Directors
According to the 2025 annual accounts
since 2022
Director · represented by Ivo GEBOES
since 2020
Managing director · represented by Kristiaan Erard
Also active at: ERARD, FRAJODIS, DISTRIFUND, Con-TenT, BUNCH, IMER, ONE STOP MEDICAL SHOP, Arendsoog
since 2022
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudeheerweg 8
9051 Gent
Stokkelaar 4
9160 Lokeren
Active since 19 May 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →BUNCH same network
€ 1.5 million gross margin · 2025
KE
DB
Nestor Erard same network
€ 88,969 gross margin · 2025
VILLA DE SOMVIELE
€ 4,290 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.094.867
- VAT number
- BE 0480.094.867
- Registered office
- Oudeheerweg 8, 9051 Gent
- Names & denominations
- BELSCAN CONTINENTAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2003
- Peppol
- Active · Active since 8 Jul 2025
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in werkkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in andere consumentenartikelen, neg