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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 357 days after the legal deadline.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opschorting (gerechtelijke reorganisatie) according to the CBE.
Financials
Financial year 2024
Belga & Co Holding from Brussel, company number BE0700702957, closed financial year 2024 with a result of € -260,695 after tax. For that financial year Belga & Co Holding recorded a gross margin of € 309,409 and equity of € -265,165. Compared with financial year 2023, the result moved from € -48,958 to € -260,695. 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 July 23, 2026.
€ -265,165
▼ € 260,695 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -260,695
▼ 432 % more loss than in 2023
Profit after tax over the fiscal year.
€ 699
▲ € 699 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -365,165.
People and assets in 2024
18.1
Average over the fiscal year, from the social balance sheet.
€ 544,867
€ 30,100 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.
€ 954
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 190,746
Loans from banks and other lenders, long and short.
€ 115,900
▲ € 110,852 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 224,765
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -36,791 | € 5,048 | € -48,496 | € 309,409 | ▲ € 357,906 |
| Profit after taxes | € -37,237 | € 4,557 | € -48,958 | € -260,695 | ▼ € 211,737 |
| Equity | € 39,932 | € 44,489 | € -4,470 | € -265,165 | ▼ € 260,695 |
| Total debts | € 485,914 | € 472,377 | € 555,320 | € 861,095 | ▲ 55% |
| Cash | € 73 | € 612 | € 0 | € 699 | ▲ € 699 |
| Retained profit | € -60,068 | € -55,511 | € -104,470 | € -365,165 | ▼ € 260,695 |
| Bank debt | € 0 | € 0 | € 0 | € 190,746 | |
| Balance sheet total | € 525,846 | € 516,866 | € 550,850 | € 595,930 | ▲ 8% |
| Employees (FTE) | - | - | - | 18.1 |
Key figures of Belga & Co Holding, 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 Holding?
What happened at Belga & Co Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 260,695. filed late Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- New establishment in Brussel. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,237 loss in 2021 to € 260,695 loss in 2024.
Best year ever: 2022, with € 4,557 profit.
On average € 17,100 of value added per employee in 2024.
Management
Behind Belga & Co Holding is Lapithen bv. Lapithen bv is also behind UNION DES HOTELIERS,RESTAURATEURS,CAFETIERS ET TRAITEURS DE BRUXELLES ET ENTREPRISES ASSIMILEES DE BRUXELLES, Belga & Co and Belga & Co Solvay.
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 Solvay
Establishments
Establishment units
Physical locations of this company
Aalststraat 7/11
1000 Brussel
Baljuwstraat 7A
1000 Brussel
Active since 1 January 2024
Ernest Solvaystraat 12
1050 Elsene
Active since 1 January 2024
Brugmannlaan 2
1060 Sint-Gillis (bij-Brussel)
Active since 1 March 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Belga & Co Roastery
€ 63,608 gross margin · 2023
CURRY KETCHUP
€ 295,556 gross margin · 2025
BRIELFA
Belga & Co Solvay same network
€ 158,332 gross margin · 2024
AlEnaXT
+6 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
- 0700.702.957
- VAT number
- BE 0700.702.957
- Registered office
- Aalststraat 7/11, 1000 Brussel
- Names & denominations
- Belga & Co Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opschorting (gerechtelijke reorganisatie)
- Start date
- 7 August 2018
- Peppol
- Active · Active since 3 Jul 2026
- Contact
- belgacoffee.com [email protected]
- Activities · NACE
Cafés en bars
Activiteiten van hoofdkantoren
Activiteiten van holdings
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Holdings
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