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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
BELCO BUILD from Turnhout, company number BE0536229559, closed financial year 2024 with a result of € 2,177 after tax. For that financial year BELCO BUILD recorded a gross margin of € 14,333 and equity of € -296,747. Compared with financial year 2023, the result moved from € -10,406 to € 2,177. Profitable, and profit is growing. 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 August 29, 2025.
€ -296,747
▲ € 2,177 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,177
▲ still € 10,406 loss in 2023
Profit after tax over the fiscal year.
€ 481,484
▲ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -315,347.
Debts at end 2024
€ 50,000
Loans from banks and other lenders, long and short.
€ 17,734
▲ 266% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,749
▼ 94% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -6,859 | € -2,554 | € -9,114 | € 14,333 | ▲ € 23,447 |
| Profit after taxes | € -28,830 | € -10,599 | € -10,406 | € 2,177 | ▲ € 12,583 |
| Equity | € -277,918 | € -288,517 | € -298,924 | € -296,747 | ▲ € 2,177 |
| Total debts | € 1,188,296 | € 1,191,066 | € 1,417,916 | € 1,482,232 | ▲ 5% |
| Cash | € 1,329 | € 427 | € 474,146 | € 481,484 | ▲ 2% |
| Retained profit | € -296,518 | € -307,117 | € -317,524 | € -315,347 | ▲ € 2,177 |
| Bank debt | € 0 | € 0 | € 0 | € 50,000 | |
| Balance sheet total | € 910,377 | € 902,548 | € 1,118,992 | € 1,185,485 | ▲ 6% |
Key figures of BELCO BUILD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BELCO BUILD?
What happened at BELCO BUILD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,177. filed late Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,830 loss in 2021 to € 2,177 profit in 2024.
Best year ever: 2024, with € 2,177 profit.
Management
The stake of OBOLUS, BELCOFORT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELCO BUILDBehind BELCO BUILD are OBOLUS NV and Luc Schellekens. The shares are held by OBOLUS (37.5%) and BELCOFORT (37.5%).
Establishments
Establishment units
Physical locations of this company
Veedijk 46
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →+9 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
- 0536.229.559
- VAT number
- BE 0536.229.559
- Registered office
- Veedijk 46, 2300 Turnhout
- Names & denominations
- BELCO BUILD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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