What does Belysse Group do?

Belysse Group is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 2 March 2017.

What is the address of Belysse Group?

The registered office of Belysse Group is located at Franklin Rooseveltlaan 172-174, 8790 Waregem.

Is Belysse Group still active?

Yes. According to the CBE (29 October 2026) Belysse Group is active, legal situation “Normale toestand”, started on 2 March 2017.

Is Belysse Group registered on Peppol?

Yes, Belysse Group is registered on the Peppol network with ID 0208:0671974626.

What is the enterprise number of Belysse Group?

The enterprise number of Belysse Group is BE0671974626.

When was Belysse Group founded?

Belysse Group was founded on 2 March 2017.

Who are the directors of Belysse Group?

According to the 2025 annual accounts, the directors of Belysse Group are: Hannah STRONG, Cyrille RAGOUCY, Vanessa TEMPLE, ACCELIUM BV, Neal MORAR, Claire KNOLLYS, Heath Road BV, Vishesh Khatnani.

Is Belysse Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 March 2017; 5 annual accounts filed, latest fiscal year 2025; 9 directors known from the annual account.

How much profit did Belysse Group make in 2025?

Belysse Group recorded a loss after taxes of € 22,645,103 in financial year 2025.

What is the revenue of Belysse Group?

In its most recent annual accounts (2025), Belysse Group reported revenue of € 1,223,481.

Belysse Group (Public Limited) - Waregem - BE0671974626

Dossier Belysse Group, printed on 29 October 2026 from databakkes.be/en/0671974626/belysse-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Belysse Group from Waregem, company number BE0671974626, closed financial year 2025 with a result of € -22.6 million after tax. For that financial year Belysse Group recorded revenue of € 1.2 million and equity of € 260.4 million. Compared with financial year 2024, the result moved from € 106,160 to € -22.6 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.

What it is worth Healthy

€ 260.4 million

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -22.6 million

▼ still € 106,160 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,099

▼ € 2.8 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -65.8 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 340,781

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.

Taxes

€ 2,918

▼ 31% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 5,195,524 Revenue 2022: € 5,195,524 First fiscal year in the series	€ 2,502,826 Revenue 2023: € 2,502,826 ▼ 52% vs 2022 (€ 5,195,524) Unfavourable step	€ 778,790 Revenue 2024: € 778,790 ▼ 69% vs 2023 (€ 2,502,826) Unfavourable step	€ 1,223,481 Revenue 2025: € 1,223,481 ▲ 57% vs 2024 (€ 778,790) Favourable step	▲ 57%
Profit after taxes	€ -11,883,060 Profit after taxes 2022: € -11,883,060 First fiscal year in the series	€ 49,541 Profit after taxes 2023: € 49,541 ▲ € 11.9 million vs 2022 (€ -11,883,060) Favourable step	€ 106,160 Profit after taxes 2024: € 106,160 ▲ 114% vs 2023 (€ 49,541) Favourable step	€ -22,645,103 Profit after taxes 2025: € -22,645,103 ▼ € 22.8 million vs 2024 (€ 106,160) Unfavourable step	▼ € 22.8 million
Equity	€ 282,927,421 Equity 2022: € 282,927,421 First fiscal year in the series	€ 282,976,961 Equity 2023: € 282,976,961 Unchanged (€ 282,927,421) Favourable step	€ 283,083,121 Equity 2024: € 283,083,121 Unchanged (€ 282,976,961) Favourable step	€ 260,438,018 Equity 2025: € 260,438,018 ▼ 8% vs 2024 (€ 283,083,121) Unfavourable step	▼ 8%
Total debts	€ 911,674 Total debts 2022: € 911,674 First fiscal year in the series	€ 1,749,062 Total debts 2023: € 1,749,062 ▲ 92% vs 2022 (€ 911,674) Unfavourable step	€ 331,440 Total debts 2024: € 331,440 ▼ 81% vs 2023 (€ 1,749,062) Favourable step	€ 343,699 Total debts 2025: € 343,699 ▲ 4% vs 2024 (€ 331,440) Unfavourable step	▲ 4%
Cash	€ 62,869 Cash 2022: € 62,869 First fiscal year in the series	€ 3,102,062 Cash 2023: € 3,102,062 ▲ € 3 million vs 2022 (€ 62,869) Favourable step	€ 2,813,420 Cash 2024: € 2,813,420 ▼ 9% vs 2023 (€ 3,102,062) Unfavourable step	€ 9,099 Cash 2025: € 9,099 ▼ € 2.8 million vs 2024 (€ 2,813,420) Unfavourable step	▼ € 2.8 million
Retained profit	€ -43,322,576 Retained profit 2022: € -43,322,576 First fiscal year in the series	€ -43,273,036 Retained profit 2023: € -43,273,036 Unchanged (€ -43,322,576) Favourable step	€ -43,166,876 Retained profit 2024: € -43,166,876 Unchanged (€ -43,273,036) Favourable step	€ -65,811,979 Retained profit 2025: € -65,811,979 ▼ € 22.6 million vs 2024 (€ -43,166,876) Unfavourable step	▼ € 22.6 million
Balance sheet total	€ 283,839,095 Balance sheet total 2022: € 283,839,095 First fiscal year in the series	€ 284,726,023 Balance sheet total 2023: € 284,726,023 Unchanged (€ 283,839,095) Unchanged	€ 283,414,561 Balance sheet total 2024: € 283,414,561 Unchanged (€ 284,726,023) Unchanged	€ 260,781,718 Balance sheet total 2025: € 260,781,718 ▼ 8% vs 2024 (€ 283,414,561) Unchanged	▼ 8%

Key figures of Belysse Group, 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 Belysse Group?

What happened at Belysse Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Hannah STRONG stepped down as director. NBB
2029 Cyrille RAGOUCY stepped down as director. NBB
2029 Vanessa TEMPLE stepped down as director. NBB
2029 ACCELIUM BV stepped down as director. NBB
2029 Neal MORAR stepped down as director. NBB
2029 Claire KNOLLYS stepped down as director. NBB
2029 Heath Road BV stepped down as director. NBB
2029 Vishesh Khatnani stepped down as director. NBB

In short

From € 11.9 million loss in 2022 to € 22.6 million loss in 2025.

Paid € 0 in corporate taxes since 2022.

Best year ever: 2024, with € 106,160 profit.

Pays suppliers within 103 days on average.

Original PDFs at the National Bank ↗

Management

LSF9 Belysse Holdco S.à.r.l. 54%

Public Shareholders 32.5%

Prime AIFM Lux S.A. 7%

Joris Ide 6.2%

Belysse Group

LSF9 Belysse Issuer S.à r.l 100%

The shares are held by LSF9 Belysse Holdco S.à.r.l. (54%), Public Shareholders (32.5%), Prime AIFM Lux S.A. (7%), Joris Ide (6.2%) and Management (0.2%). It owns 100% of LSF9 Belysse Issuer S.à r.l itself.

Directors

According to the 2025 annual accounts

Hannah STRONG

Director

since 2017 · until 2029

Cyrille RAGOUCY

Director

Also active at: ITC Co, BELYSSE

since 2017 · until 2029

Vanessa TEMPLE

Director

since 2022 · until 2029

ACCELIUM BV

Director · represented by Nicolas VANDEN ABEELE

since 2017 · until 2029

Neal MORAR

Director

since 2018 · until 2029

Claire KNOLLYS

Director

since 2025 · until 2029

Heath Road BV

Director · represented by Johan Deburchgrave

Also active at: The Workwear Group

since 2025 · until 2029

Vishesh Khatnani

Director

since 2025 · until 2029

Michael KOLBECK

Director

since 2017 · until 2029

Shareholders

LSF9 Belysse Holdco S.à.r.l.

54%

Public Shareholders

32.5%

Prime AIFM Lux S.A.

Joris Ide

6.2%

Management

0.2%

Participations

LSF9 Belysse Issuer S.à r.l

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Franklin Rooseveltlaan 172-174

8790 Waregem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0671.974.626

VAT number

BE 0671.974.626

Registered office

Franklin Rooseveltlaan 172-174, 8790 Waregem

Names & denominations

Belysse Group

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 March 2017

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Belysse Group

Financials

What happened to Belysse Group?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions