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.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 328 days after the legal deadline.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Belga & Co Solvay from Brussel, company number BE0674901155, closed financial year 2024 with a result of € 163,706 after tax. For that financial year Belga & Co Solvay recorded a gross margin of € 158,332 and equity of € -119,354. Compared with financial year 2023, the result moved from € -7,029 to € 163,706. 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 June 24, 2026.
€ -119,354
▲ € 163,706 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,706
▲ still € 7,029 loss in 2023
Profit after tax over the fiscal year.
€ 1,129
▲ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -159,354.
Debts at end 2024
€ 6,767
▼ 91% vs 2023
Loans from banks and other lenders, long and short.
€ 7,225
▼ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 76,664
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 65,154 | € 191,411 | € 249,428 | € 158,332 | ▼ 37% |
| Profit after taxes | € -55,875 | € -407 | € -7,029 | € 163,706 | ▲ € 170,735 |
| Equity | € -269,455 | € -276,031 | € -283,060 | € -119,354 | ▲ € 163,706 |
| Total debts | € 332,820 | € 322,506 | € 381,294 | € 204,063 | ▼ 46% |
| Cash | € 10,081 | € 4,870 | € 686 | € 1,129 | ▲ 64% |
| Retained profit | € -315,624 | € -316,031 | € -323,060 | € -159,354 | ▲ € 163,706 |
| Bank debt | € 47,167 | € 64,548 | € 73,022 | € 6,767 | ▼ 91% |
| Balance sheet total | € 65,421 | € 46,475 | € 98,233 | € 84,709 | ▼ 14% |
| Employees (FTE) | 4.8 | - | - | - |
Key figures of Belga & Co Solvay, 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 Belga & Co Solvay?
What happened at Belga & Co Solvay in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 163,706. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,875 loss in 2021 to € 163,706 profit in 2024.
Paid € 0 in corporate taxes since 2021.
Best year ever: 2024, with € 163,706 profit.
On average € 13,600 of value added per employee in 2021.
A new publication or filing at Belga & Co Solvay? 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
Behind Belga & Co Solvay are Lapithen and Chap GCV. The same people are also behind Belga & Co and Belga & Co Holding. Lapithen is also behind UNION DES HOTELIERS,RESTAURATEURS,CAFETIERS ET TRAITEURS DE BRUXELLES ET ENTREPRISES ASSIMILEES DE BRUXELLES. Chap GCV is also behind LC Coffee.
Directors
According to the 2024 annual accounts
Director · represented by Loïc Installé
Also active at: UNION DES HOTELIERS,RESTAURATEURS,CAFETIERS ET TRAITEURS DE BRUXELLES ET ENTREPRISES ASSIMILEES DE BRUXELLES, Belga & Co, Belga & Co Holding
Director · represented by Charly Meerbergen
Also active at: LC Coffee, Belga & Co, KAROTTES
Establishments
Establishment units
Physical locations of this company
Aalststraat 7/11
1000 Brussel
Ernest Solvaystraat 12
1050 Elsene
Active since 27 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Google Cloud DNS
Domain
Domain
belgacoffee.com
Registered
2015-04-10
Registrar
Tucows Domains Inc.
Expires
2026-04-10
Website info
Features
Security
Network
Details
- Company number
- 0674.901.155
- VAT number
- BE 0674.901.155
- Registered office
- Aalststraat 7/11, 1000 Brussel
- Names & denominations
- Belga & Co Solvay
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2017
- Peppol
- Active · Active since 23 Jun 2026
- Contact
- belgacoffee.com [email protected]
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Detailhandel in dranken, algemeen assortiment
Eetgelegenheden met beperkte bediening