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.
€ 260.4 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22.6 million
▼ still € 106,160 profit in 2024
Profit after tax over the fiscal year.
€ 9,099
▼ € 2.8 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -65.8 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 340,781
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.
€ 2,918
▼ 31% 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 | |
|---|---|---|---|---|---|
| Revenue | € 5,195,524 | € 2,502,826 | € 778,790 | € 1,223,481 | ▲ 57% |
| Profit after taxes | € -11,883,060 | € 49,541 | € 106,160 | € -22,645,103 | ▼ € 22.8 million |
| Equity | € 282,927,421 | € 282,976,961 | € 283,083,121 | € 260,438,018 | ▼ 8% |
| Total debts | € 911,674 | € 1,749,062 | € 331,440 | € 343,699 | ▲ 4% |
| Cash | € 62,869 | € 3,102,062 | € 2,813,420 | € 9,099 | ▼ € 2.8 million |
| Retained profit | € -43,322,576 | € -43,273,036 | € -43,166,876 | € -65,811,979 | ▼ € 22.6 million |
| Balance sheet total | € 283,839,095 | € 284,726,023 | € 283,414,561 | € 260,781,718 | ▼ 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:
- Hannah STRONG stepped down as director. NBB
- Cyrille RAGOUCY stepped down as director. NBB
- Vanessa TEMPLE stepped down as director. NBB
- ACCELIUM BV stepped down as director. NBB
- Neal MORAR stepped down as director. NBB
- Claire KNOLLYS stepped down as director. NBB
- Heath Road BV stepped down as director. NBB
- 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.
A new publication or filing at Belysse Group? 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 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
Vanessa TEMPLE
Director
since 2022 · until 2029
Director · represented by Nicolas VANDEN ABEELE
since 2017 · until 2029
Neal MORAR
Director
since 2018 · until 2029
Claire KNOLLYS
Director
since 2025 · until 2029
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.
7%
Joris Ide
6.2%
Management
0.2%
Participations
LSF9 Belysse Issuer S.à r.l
100%
Establishments
Establishment units
Physical locations of this company
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 →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