Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Belgotec from Grimbergen, company number BE0674410514, closed financial year 2025 with a result of € 53,600 after tax. For that financial year Belgotec recorded a gross margin of € 102,481 and equity of € -55,693. Compared with financial year 2024, the result moved from € 915 to € 53,600. 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 25, 2026.
€ -55,693
▲ € 53,600 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 53,600
▲ € 52,685 vs 2024
Profit after tax over the fiscal year.
€ 16,687
▲ € 14,854 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 € -61,893.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 47,804
▲ 42% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 50,000
Loans from banks and other lenders, long and short.
€ 17,639
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92
▼ 98% 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 | € 45,723 | € 21,378 | € 37,039 | € 102,481 | ▲ 177% |
| Profit after taxes | € 14,912 | € -10,554 | € 915 | € 53,600 | ▲ € 52,685 |
| Equity | € -99,654 | € -110,207 | € -109,293 | € -55,693 | ▲ € 53,600 |
| Total debts | € 128,599 | € 133,379 | € 162,471 | € 116,851 | ▼ 28% |
| Cash | - | € 0 | € 1,834 | € 16,687 | ▲ € 14,854 |
| Retained profit | € -105,854 | € -116,407 | € -115,493 | € -61,893 | ▲ € 53,600 |
| Bank debt | € 68,962 | € 73,510 | € 50,000 | € 50,000 | |
| Balance sheet total | € 28,945 | € 23,171 | € 53,178 | € 61,158 | ▲ 15% |
Key figures of Belgotec, 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 Belgotec?
What happened at Belgotec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 53,600 (▲ € 52,685 vs 2024). filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,912 profit in 2022 to € 53,600 profit in 2025.
Paid € 320 in corporate taxes since 2022.
Best year ever: 2025, with € 53,600 profit.
A new publication or filing at Belgotec? 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 GIBBON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BelgotecBehind Belgotec is Koen Bollen. The shares are held by GIBBON (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gemeentehuisstraat 10/C
1852 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.410.514
- VAT number
- BE 0674.410.514
- Registered office
- Gemeentehuisstraat 10/C, 1852 Grimbergen
- Names & denominations
- Belgotec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2017
- Peppol
- Active · Active since 6 Apr 2026
- Activities · NACE
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