Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.9 to 5.5.
Financials
Financial year 2025
BELCROOM from Menen, company number BE0702854872, closed financial year 2025 with a result of € 2,966 after tax. For that financial year BELCROOM recorded a gross margin of € 706,323 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 1.4 million to € 2,966. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.8 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,966
▼ € 1.4 million vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.5
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 297,644
▼ 28% vs 2024
€ 54,100 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.
€ 665,854
▼ 13% vs 2024
Of which on lease € 663,464.
Debts at end 2025
€ 2.3 million
▼ 8% vs 2024
€ 213,998 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 218,797
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,170
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 294,842 | € 390,091 | € 2,368,007 | € 706,323 | ▼ 70% |
| Profit after taxes | € -178,186 | € -213,383 | € 1,377,014 | € 2,966 | ▼ € 1.4 million |
| Equity | € 1,371,652 | € 1,158,270 | € 2,535,284 | € 1,788,250 | ▼ 29% |
| Total debts | € 1,473,538 | € 3,307,938 | € 2,872,589 | € 2,587,336 | ▼ 10% |
| Cash | € 77,895 | € 413,379 | € 1,266,015 | € 1,176,082 | ▼ 7% |
| Land & buildings | € 1,674,189 | € 1,970,409 | € 2,007,662 | € 1,915,457 | ▼ 5% |
| Retained profit | € 1,209,308 | € 995,926 | € 2,372,940 | € 1,625,906 | ▼ 31% |
| Dividend | € 0 | € 0 | € 0 | € 750,000 | |
| Bank debt | € 1,016,624 | € 2,747,295 | € 2,493,721 | € 2,285,070 | ▼ 8% |
| Balance sheet total | € 3,260,442 | € 4,854,859 | € 5,764,793 | € 4,700,777 | ▼ 18% |
| Employees (FTE) | 11.7 | 6.9 | 6.8 | 5.5 | ▼ 1.3 |
Key figures of BELCROOM, 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 BELCROOM?
What happened at BELCROOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,966 (▼ € 1.4 million vs 2024). Source: NBB ↗
- Marbell BV became a director. NBB
- Solviere BV became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 178,186 loss in 2022 to € 2,966 profit in 2025.
Paid € 259,727 in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
On average € 128,400 of value added per employee in 2025.
Management
The stake of SOLVIERE, MARBELL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELCROOMBehind BELCROOM are Marbell BV and Solviere BV. The shares are held by SOLVIERE (50%) and MARBELL (50%).
Directors
According to the 2025 annual accounts
Director · represented by Filip Deprez
since 2024
Director · represented by Steven Vierstraete
since 2024
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 12
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.854.872
- VAT number
- BE 0702.854.872
- Registered office
- Industrielaan 12, 8930 Menen
- Names & denominations
- BELCROOM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 2018
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling van metalen