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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELFEED from Dilbeek, company number BE0699502236, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year BELFEED recorded a gross margin of € 2.1 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 908,335 to € 1.3 million. Profitable, and profit is growing. 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 8, 2026.
€ 2.4 million
▲ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 3.7 million
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 266,680 paid out
21 % of the profit went to the shareholders, mostly to PURATOS (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 418,762
▲ 13% vs 2024
€ 116,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.3 million
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 248,473
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,049,510 | € 1,300,074 | € 1,512,898 | € 2,087,962 | ▲ 38% |
| Profit after taxes | € 230,964 | € 590,628 | € 908,335 | € 1,277,080 | ▲ 41% |
| Equity | € 1,486,825 | € 902,975 | € 1,366,075 | € 2,376,475 | ▲ 74% |
| Total debts | € 1,095,501 | € 1,909,879 | € 1,529,948 | € 1,938,025 | ▲ 27% |
| Cash | € 2,565,778 | € 2,882,223 | € 2,713,271 | € 3,656,939 | ▲ 35% |
| Retained profit | € 665,939 | € 82,089 | € 545,189 | € 1,555,589 | ▲ 185% |
| Dividend | € 0 | € 1,174,477 | € 445,235 | € 266,680 | ▼ 40% |
| Balance sheet total | € 3,427,806 | € 3,658,335 | € 3,741,503 | € 5,159,980 | ▲ 38% |
| Employees (FTE) | 3 | 3 | 3 | 3.6 | ▲ 0.6 |
Key figures of BELFEED, 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 BELFEED?
What happened at BELFEED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Panincor SRL stepped down as director. NBB
- Meloria BV stepped down as director. NBB
- Alchamco BV stepped down as director. NBB
- OneTeam BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 41% vs 2024). Source: NBB ↗
- Panincor SRL became a director. NBB
- Meloria BV became a director. NBB
- Alchamco BV became a director. NBB
In short
From € 230,964 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
On average € 580,000 of value added per employee in 2025.
A new publication or filing at BELFEED? 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 PURATOS, PURATOS GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELFEEDThe shares are held by PURATOS (100%) and PURATOS GROUP (0%).
Directors
According to the 2025 annual accounts
Director · represented by Jean-Philippe Michaux
Also active at: PURATOS, TECHNO - HIGH - TECHNOLOGY, BAKERONLINE, Puratos Taiwan, Puratos Middle East
since 2024 · until 2027
Director · represented by Cédric Van Belle
Also active at: COPREM, PURATOS, TECHNO - HIGH - TECHNOLOGY, PURATOS GROUP, PANELITE, CHOCOTOPIA, SPARKALIS, BEMCHIMMO GROUP +1 more
since 2024 · until 2027
Director · represented by Pierre Tossut
Also active at: PURATOS, TECHNO - HIGH - TECHNOLOGY
since 2025 · until 2028
Director · represented by Roel Straetmans
Also active at: PURATOS, Puratos Taiwan, Puratos Middle East
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrialaan 25
1702 Dilbeek
Rue Bourie 12
5300 Andenne
Active since 2 July 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →DEMULSIBEL
COPREM same network
PURATOS same network
€ 1 billion revenue · 2025
PURATOS GROUP same network
BAKKERIJ INVESTMENT HOLDINGS
€ -4,450 gross margin · 2025
+7 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
- 0699.502.236
- VAT number
- BE 0699.502.236
- Registered office
- Industrialaan 25, 1702 Dilbeek
- Names & denominations
- BELFEED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2018
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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