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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
BELGOTECH from Ottignies-Louvain-la-Neuve, company number BE0700421063, closed financial year 2026 with a result of € -38,586 after tax. For that financial year BELGOTECH recorded a gross margin of € -37,355 and equity of € -75,860. Compared with financial year 2025, the result moved from € -55,874 to € -38,586. The company made a loss. 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 19, 2026.
€ -75,860
▼ € 38,586 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,586
▲ 31 % less loss than in 2025
Profit after tax over the fiscal year.
€ 5,874
▲ 14% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -94,460.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 659
▼ 29% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 26,442
▲ 84% vs 2025
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 23,593 | € 72,055 | € -54,586 | € -37,355 | ▲ € 17,232 |
| Profit after taxes | € 8,575 | € 44,169 | € -55,874 | € -38,586 | ▲ € 17,288 |
| Equity | € 6,200 | € 18,600 | € -37,274 | € -75,860 | ▼ € 38,586 |
| Total debts | € 78,732 | € 63,561 | € 57,931 | € 83,304 | ▲ 44% |
| Cash | € 61,374 | € 60,549 | € 5,152 | € 5,874 | ▲ 14% |
| Retained profit | € 0 | € 0 | € -55,874 | € -94,460 | ▼ € 38,586 |
| Dividend | € 45,777 | € 44,169 | € 0 | € 0 | |
| Balance sheet total | € 84,932 | € 82,161 | € 20,657 | € 7,443 | ▼ 64% |
Key figures of BELGOTECH, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BELGOTECH?
What happened at BELGOTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 38,586. Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Abdelmajid El Hasnaoui became a director. NBB
- Mohamed El Hasnaoui became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,575 profit in 2023 to € 38,586 loss in 2026.
Paid € 14,840 in corporate taxes since 2023.
Best year ever: 2024, with € 44,169 profit.
Paid out € 89,946 in dividends to the owners in total.
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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 BELGOTECH are Abdelmajid El Hasnaoui and Mohamed El Hasnaoui.
Directors
According to the 2026 annual accounts
Abdelmajid El Hasnaoui
Director
since 2018
Mohamed El Hasnaoui
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Rue de Pinchart 63
1340 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.421.063
- VAT number
- BE 0700.421.063
- Registered office
- Rue de Pinchart 63, 1340 Ottignies-Louvain-la-Neuve
- Names & denominations
- BELGOTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 July 2018
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)