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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Shrinking team NBB
FTE fell two years in a row, from 4.7 to 2.9.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELLUCCI from Gent, company number BE0695456445, closed financial year 2025 with a result of € 107,066 after tax. For that financial year BELLUCCI recorded a gross margin of € 490,228 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 461,791 to € 107,066. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 2.4 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,066
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 390,950
▼ 10% 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 € 2.4 million.
People and assets in 2025
2.9
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 173,080
▼ 16% vs 2024
€ 59,700 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.
€ 3,839
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,374
▼ 62% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,057,883 | € 997,924 | € 714,343 | € 490,228 | ▼ 31% |
| Profit after taxes | € 567,517 | € 363,109 | € 461,791 | € 107,066 | ▼ 77% |
| Equity | € 1,661,508 | € 2,024,617 | € 2,286,408 | € 2,393,474 | ▲ 5% |
| Total debts | € 2,662,172 | € 2,732,346 | € 2,307,004 | € 2,327,526 | ▲ 1% |
| Cash | € 999,140 | € 600,317 | € 435,068 | € 390,950 | ▼ 10% |
| Retained profit | € 1,642,908 | € 2,006,017 | € 2,267,808 | € 2,374,874 | ▲ 5% |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Balance sheet total | € 4,323,680 | € 4,756,963 | € 4,593,412 | € 4,721,000 | ▲ 3% |
| Employees (FTE) | 5 | 4.7 | 3.8 | 2.9 | ▼ 0.9 |
Key figures of BELLUCCI, 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 BELLUCCI?
What happened at BELLUCCI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,066 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Hul Management became a director. NBB
In short
From € 567,517 profit in 2022 to € 107,066 profit in 2025.
Paid € 474,306 in corporate taxes since 2022.
Best year ever: 2022, with € 567,517 profit.
On average € 169,000 of value added per employee in 2025.
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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 HUL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELLUCCIBehind BELLUCCI is Hul Management. The shares are held by HUL MANAGEMENT (2%).
Directors
According to the 2025 annual accounts
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Esplanade Oscar Van de Voorde 1 box 26
9000 Gent
Hoveniersstraat 30 box 204
2018 Antwerpen
Active since 1 September 2018
Bredabaan 99 unit 4
2170 Antwerpen
Active since 19 June 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
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STASIMO
€ -16,816 gross margin · 2025
NEVIMO
€ 2.8 million gross margin · 2025
+74 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.456.445
- VAT number
- BE 0695.456.445
- Registered office
- Esplanade Oscar Van de Voorde 1 bus 26, 9000 Gent
- Names & denominations
- BELLUCCI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2018
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Groothandel in uurwerken en sieraden
Detailhandel in uurwerken en sieraden