Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Belco Construct from Knokke-Heist, company number BE0632762276, closed financial year 2025 with a result of € 1,738 after tax. For that financial year Belco Construct recorded a gross margin of € 4,108 and equity of € 171,852. Compared with financial year 2024, the result moved from € -3,181 to € 1,738. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 171,852
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,738
▲ still € 3,181 loss in 2024
Profit after tax over the fiscal year.
€ 508,751
▲ 5% 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 € 71,852.
Debts at end 2025
€ 542,231
Loans from banks and other lenders, long and short.
€ 185,869
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195,011
▲ 32% 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 | € 365,847 | € -15,634 | € 4,140 | € 4,108 | ▼ 1% |
| Profit after taxes | € 341,810 | € -17,381 | € -3,181 | € 1,738 | ▲ € 4,919 |
| Equity | € 190,676 | € 173,295 | € 170,114 | € 171,852 | ▲ 1% |
| Total debts | € 300,269 | € 75,493 | € 1,404,113 | € 3,426,846 | ▲ 144% |
| Cash | € 367,487 | € 42,107 | € 485,096 | € 508,751 | ▲ 5% |
| Retained profit | € 90,676 | € 73,295 | € 70,114 | € 71,852 | ▲ 2% |
| Bank debt | € 0 | € 0 | € 0 | € 542,231 | |
| Balance sheet total | € 490,945 | € 248,788 | € 1,574,227 | € 3,598,698 | ▲ 129% |
Key figures of Belco Construct, 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 Belco Construct?
What happened at Belco Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,738. Source: NBB ↗
- Agentschap Pallen NV became a director. NBB
- Gecom NV became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 341,810 profit in 2022 to € 1,738 profit in 2025.
Paid € 14,263 in corporate taxes since 2022.
Best year ever: 2022, with € 341,810 profit.
A new publication or filing at Belco Construct? We notify you, reason included.
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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
The stake of GECOM, AGENTSCHAP PALLEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Belco ConstructBehind Belco Construct are Agentschap Pallen NV and Gecom NV. The shares are held by GECOM (73%) and AGENTSCHAP PALLEN (50%).
Directors
According to the 2025 annual accounts
Director · represented by Louis Van Hoorebeke
Also active at: Pallen Sales, Pallen Properties, WELOCATE, WECONSTRUCT, PALLEN CONSTRUCT, IMMO PALLEN, PALLEN INVEST, BELCOFIM +2 more
since 2022
Director · represented by Francis Geernaert
Also active at: Gasthof Den Ever, BELCO FLANDERS, BELCOFIM
since 2020
Shareholders
73%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sparrendreef 90
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.762.276
- VAT number
- BE 0632.762.276
- Registered office
- Sparrendreef 90, 8300 Knokke-Heist
- Names & denominations
- Belco Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2015
- Peppol
- Active · Active since 15 Sept 2026
- Activities · NACE
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