What does BELIEVE do?

BELIEVE is a bar in Sint-Truiden. Private Limited, started on 13 February 2019, 2 establishments.

What is the address of BELIEVE?

The registered office of BELIEVE is located at Grote Markt 11, 3800 Sint-Truiden.

Is BELIEVE still active?

Yes. According to the CBE (2 November 2026) BELIEVE is active, legal situation “Normale toestand”, started on 13 February 2019.

Is BELIEVE registered on Peppol?

Yes, BELIEVE is registered on the Peppol network with ID 0208:0720679514.

What is the enterprise number of BELIEVE?

The enterprise number of BELIEVE is BE0720679514.

When was BELIEVE founded?

BELIEVE was founded on 13 February 2019.

Who are the directors of BELIEVE?

According to the 2025 annual accounts, the directors of BELIEVE are: Thierry Jacobs.

Is BELIEVE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 February 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did BELIEVE make in 2025?

BELIEVE posted a profit after taxes of € 2,636 in financial year 2025.

What is the revenue of BELIEVE?

As a small company, BELIEVE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 349,670.

How much does an employee at BELIEVE earn?

The average wage cost per full-time employee at BELIEVE was € 44,000 in 2025: staff costs of € 281,746 for 6.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELIEVE have?

According to the 2025 annual accounts, BELIEVE has 6.4 full-time equivalents (FTE).

BELIEVE (Private Limited) - Sint-Truiden - BE0720679514

Dossier BELIEVE, printed on 2 November 2026 from databakkes.be/en/0720679514/believe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

BELIEVE from Sint-Truiden, company number BE0720679514, closed financial year 2025 with a result of € 2,636 after tax. For that financial year BELIEVE recorded a gross margin of € 349,670 and equity of € -223,869. Compared with financial year 2024, the result moved from € -45,341 to € 2,636. Profitable, and profit is growing. 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 27, 2026.

What it is worth Caution

€ -223,869

▲ € 2,636 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 2,636

▲ still € 45,341 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 23,361

▼ 48% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -242,469.

People and assets in 2025

Full-time equivalents

6.4

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 281,746

▼ 10% vs 2024

€ 44,000 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.

Vehicles and equipment

€ 3,496

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 30,480

▼ 48% vs 2024

€ 19,154 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 54,564

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 52,709

▲ 13% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 20,421 Gross margin 2022: € 20,421 First fiscal year in the series	€ -32,222 Gross margin 2023: € -32,222 ▼ € 52,643 vs 2022 (€ 20,421) Unfavourable step	€ 278,141 Gross margin 2024: € 278,141 ▲ € 310,363 vs 2023 (€ -32,222) Favourable step	€ 349,670 Gross margin 2025: € 349,670 ▲ 26% vs 2024 (€ 278,141) Favourable step	▲ 26%
Profit after taxes	€ -122,225 Profit after taxes 2022: € -122,225 First fiscal year in the series	€ -67,107 Profit after taxes 2023: € -67,107 ▲ € 55,118 vs 2022 (€ -122,225) Favourable step	€ -45,341 Profit after taxes 2024: € -45,341 ▲ € 21,765 vs 2023 (€ -67,107) Favourable step	€ 2,636 Profit after taxes 2025: € 2,636 ▲ € 47,977 vs 2024 (€ -45,341) Favourable step	▲ € 47,977
Equity	€ -120,256 Equity 2022: € -120,256 First fiscal year in the series	€ -181,163 Equity 2023: € -181,163 ▼ € 60,907 vs 2022 (€ -120,256) Unfavourable step	€ -226,505 Equity 2024: € -226,505 ▼ € 45,341 vs 2023 (€ -181,163) Unfavourable step	€ -223,869 Equity 2025: € -223,869 ▲ € 2,636 vs 2024 (€ -226,505) Favourable step	▲ € 2,636
Total debts	€ 405,244 Total debts 2022: € 405,244 First fiscal year in the series	€ 356,828 Total debts 2023: € 356,828 ▼ 12% vs 2022 (€ 405,244) Favourable step	€ 425,183 Total debts 2024: € 425,183 ▲ 19% vs 2023 (€ 356,828) Unfavourable step	€ 429,239 Total debts 2025: € 429,239 ▲ 1% vs 2024 (€ 425,183) Unfavourable step	▲ 1%
Cash	€ 2,293 Cash 2022: € 2,293 First fiscal year in the series	€ 32,112 Cash 2023: € 32,112 ▲ € 29,819 vs 2022 (€ 2,293) Favourable step	€ 44,583 Cash 2024: € 44,583 ▲ 39% vs 2023 (€ 32,112) Favourable step	€ 23,361 Cash 2025: € 23,361 ▼ 48% vs 2024 (€ 44,583) Unfavourable step	▼ 48%
Land & buildings	-	€ 4,523 Land & buildings 2023: € 4,523 First fiscal year in the series	€ 4,061 Land & buildings 2024: € 4,061 ▼ 10% vs 2023 (€ 4,523) Unchanged	€ 3,599 Land & buildings 2025: € 3,599 ▼ 11% vs 2024 (€ 4,061) Unchanged	▼ 11%
Retained profit	€ -132,656 Retained profit 2022: € -132,656 First fiscal year in the series	€ -199,763 Retained profit 2023: € -199,763 ▼ € 67,107 vs 2022 (€ -132,656) Unfavourable step	€ -245,105 Retained profit 2024: € -245,105 ▼ € 45,341 vs 2023 (€ -199,763) Unfavourable step	€ -242,469 Retained profit 2025: € -242,469 ▲ € 2,636 vs 2024 (€ -245,105) Favourable step	▲ € 2,636
Bank debt	€ 85,998 Bank debt 2022: € 85,998 First fiscal year in the series	€ 99,809 Bank debt 2023: € 99,809 ▲ 16% vs 2022 (€ 85,998) Unfavourable step	€ 58,137 Bank debt 2024: € 58,137 ▼ 42% vs 2023 (€ 99,809) Favourable step	€ 30,480 Bank debt 2025: € 30,480 ▼ 48% vs 2024 (€ 58,137) Favourable step	▼ 48%
Balance sheet total	€ 284,987 Balance sheet total 2022: € 284,987 First fiscal year in the series	€ 175,664 Balance sheet total 2023: € 175,664 ▼ 38% vs 2022 (€ 284,987) Unchanged	€ 198,679 Balance sheet total 2024: € 198,679 ▲ 13% vs 2023 (€ 175,664) Unchanged	€ 205,369 Balance sheet total 2025: € 205,369 ▲ 3% vs 2024 (€ 198,679) Unchanged	▲ 3%
Employees (FTE)	2.3 Employees (FTE) 2022: 2.3 First fiscal year in the series	0.9 Employees (FTE) 2023: 0.9 ▼ 1.4 vs 2022 (2.3) Unchanged	6.6 Employees (FTE) 2024: 6.6 ▲ 5.7 vs 2023 (0.9) Unchanged	6.4 Employees (FTE) 2025: 6.4 ▼ 0.2 vs 2024 (6.6) Unchanged	▼ 0.2

Key figures of BELIEVE, 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 BELIEVE?

What happened at BELIEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 27, 2026 New annual accounts for financial year 2025: profit of € 2,636. Source: NBB ↗
Jan 1, 2023 New establishment in Sint-Truiden. KBO
Feb 13, 2019 New establishment in Sint-Truiden. KBO
2019 Thierry Jacobs became a director. NBB
Feb 13, 2019 Start of the company according to the CBE. KBO

In short

From € 122,225 loss in 2022 to € 2,636 profit in 2025.

Best year ever: 2025, with € 2,636 profit.

On average € 54,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Thierry Jacobs

BELIEVE

MOBI

Behind BELIEVE is Thierry Jacobs. Thierry Jacobs is also behind MOBI.

Directors

According to the 2025 annual accounts

Thierry Jacobs

Director

Also active at: MOBI

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Grote Markt 11

3800 Sint-Truiden

2.289.535.144

Grote Markt 5

3800 Sint-Truiden

Active since 13 February 2019

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0720.679.514

VAT number

BE 0720.679.514

Registered office

Grote Markt 11, 3800 Sint-Truiden

Names & denominations

BELIEVE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 February 2019

Peppol

Active · Active since 13 Jan 2023

Contact

[email protected] 0478/966916

Activities · NACE

Cafés en bars

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Adviesbureaus op het gebied van public relations en communicatie

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met beperkte bediening

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

BELIEVE

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Financials

What happened to BELIEVE?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions