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 42 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2024
Belficos from Heist-op-den-Berg, company number BE0660902768, closed financial year 2024 with a result of € -2,360 after tax. For that financial year Belficos recorded a gross margin of € 938,985 and equity of € 500,398. Compared with financial year 2023, the result moved from € 43,181 to € -2,360. 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 31, 2025.
€ 500,398
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,360
▼ still € 43,181 profit in 2023
Profit after tax over the fiscal year.
€ 452,291
▲ € 402,641 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12,398.
People and assets in 2024
11
▲ 4.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 664,070
▲ 109% vs 2023
€ 60,400 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.
€ 303,884
▲ € 301,367 vs 2023
Of which on lease € 302,081.
Debts at end 2024
€ 747,829
▲ 38% vs 2023
€ 136,604 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 777,651
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 115,252
▲ € 103,169 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 517,982 | € 434,968 | € 480,474 | € 938,985 | ▲ 95% |
| Profit after taxes | € 194,823 | € 48,106 | € 43,181 | € -2,360 | ▼ € 45,540 |
| Equity | € 3,471 | € 459,577 | € 502,758 | € 500,398 | |
| Total debts | € 1,387,752 | € 518,703 | € 1,779,312 | € 2,958,184 | ▲ 66% |
| Cash | € 5,940 | € 28 | € 49,650 | € 452,291 | ▲ € 402,641 |
| Land & buildings | € 29,165 | € 20,216 | € 11,268 | € 8,533 | ▼ 24% |
| Retained profit | € -76,529 | € -28,423 | € 14,758 | € 12,398 | ▼ 16% |
| Bank debt | € 460,536 | € 378,122 | € 542,014 | € 747,829 | ▲ 38% |
| Balance sheet total | € 1,391,223 | € 978,280 | € 2,282,070 | € 3,458,582 | ▲ 52% |
| Employees (FTE) | - | 275,667.1 | 6.8 | 11 | ▲ 4.2 |
Key figures of Belficos, 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 Belficos?
What happened at Belficos in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2,360 (▼ € 45,540 vs 2023). filed late Source: NBB ↗
- EMPRO NV became a director. NBB
- SDB Consulting BV became a director. NBB
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 194,823 profit in 2021 to € 2,360 loss in 2024.
Paid € 429 in corporate taxes since 2021.
Best year ever: 2021, with € 194,823 profit.
On average € 85,400 of value added per employee in 2024.
Management
The stake of EMPRO, HELIS CONSULT, SDB Consulting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BelficosBehind Belficos are EMPRO NV and SDB Consulting BV. The shares are held by EMPRO (50%), HELIS CONSULT (25%) and SDB Consulting (25%).
Directors
According to the 2024 annual accounts
Director · represented by Oosterink JOHANNES
since 2022
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Knotwilgenweg 7
2220 Heist-op-den-Berg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0660.902.768
- VAT number
- BE 0660.902.768
- Registered office
- Knotwilgenweg 7, 2220 Heist-op-den-Berg
- Names & denominations
- Belficos
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2016
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
Activiteiten van verpakkingsbedrijven
Vervaardiging van parfums en toiletartikelen