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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
BELLECOM from Elsene, company number BE0700778181, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year BELLECOM recorded a gross margin of € 1 million and equity of € -266,414. Compared with financial year 2024, the result moved from € -1.1 million to € -1.3 million. 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 10, 2026.
€ -266,414
▼ € 1.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.4 million.
Debts at end 2025
€ 24.2 million
Loans from banks and other lenders, long and short.
€ 62,751
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,939
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -46,715 | € 297,243 | € 687,940 | € 1,036,713 | ▲ 51% |
| Profit after taxes | € -256,571 | € -1,315,049 | € -1,122,006 | € -1,325,263 | ▼ € 203,257 |
| Equity | € 3,495,904 | € 2,180,855 | € 1,058,849 | € -266,414 | ▼ € 1.3 million |
| Total debts | € 24,065,365 | € 26,310,516 | € 26,356,967 | € 26,699,290 | ▲ 1% |
| Cash | € 361,974 | € 1,734,533 | € 1,546,536 | € 1,610,672 | ▲ 4% |
| Land & buildings | € 26,997,039 | € 25,919,769 | € 25,149,238 | € 24,343,085 | ▼ 3% |
| Retained profit | € -1,624,096 | € -2,939,145 | € -4,061,151 | € -5,386,414 | ▼ € 1.3 million |
| Bank debt | € 23,043,214 | € 24,243,163 | € 24,243,163 | € 24,243,163 | |
| Balance sheet total | € 27,561,269 | € 28,491,371 | € 27,415,816 | € 26,432,876 | ▼ 4% |
Key figures of BELLECOM, 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 BELLECOM?
What happened at BELLECOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- N-BEL BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- N-BEL BV became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 256,571 loss in 2022 to € 1.3 million loss in 2025.
A new publication or filing at BELLECOM? 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
Directors
According to the 2025 annual accounts
Director · represented by Aït-Ahmad Abdelilah, Laurent Dassonville
Also active at: PANTON KORTENBERG VASTGOED, PAKOBO, LAMIBEL, Titanium Ruth Belgium Holdco, LCP NIVELLES DC, Square du Champ de Mars, Ravenstein 36, Place Sainte-Gudule 19 +5 more
since 2024 · until 2030
Shareholders
SRLEV BO
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 1
1050 Elsene
Louizalaan 489
1050 Elsene
Active since 9 August 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.778.181
- VAT number
- BE 0700.778.181
- Registered office
- Louizalaan 65 bus 1, 1050 Elsene
- Names & denominations
- BELLECOM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2018
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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