Active · per the CBE, 18 September 2026

BELIEVE

BE0720679514

Rechtspersoon Private limited company 2 establishments

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

Grote Markt 11, 3800 Sint-Truiden 0478/966916 [email protected]

Behind the company: Thierry Jacobs.

Active for

7 year, 7 months

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

€ 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.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 20,421 € -32,222 € 278,141 € 349,670 ▲ 26%
Profit after taxes € -122,225 € -67,107 € -45,341 € 2,636 ▲ € 47,977
Equity € -120,256 € -181,163 € -226,505 € -223,869 ▲ € 2,636
Total debts € 405,244 € 356,828 € 425,183 € 429,239 ▲ 1%
Cash € 2,293 € 32,112 € 44,583 € 23,361 ▼ 48%
Land & buildings - € 4,523 € 4,061 € 3,599 ▼ 11%
Retained profit € -132,656 € -199,763 € -245,105 € -242,469 ▲ € 2,636
Bank debt € 85,998 € 99,809 € 58,137 € 30,480 ▼ 48%
Balance sheet total € 284,987 € 175,664 € 198,679 € 205,369 ▲ 3%
Employees (FTE) 2.3 0.9 6.6 6.4 ▼ 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:

  • New annual accounts for financial year 2025: profit of € 2,636. Source: NBB ↗
  • New establishment in Sint-Truiden. KBO
  • New establishment in Sint-Truiden. KBO
  • Thierry Jacobs became a director. NBB
  • 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.

Management

Thierry Jacobs
BELIEVE

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

See the full network in the app

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
Activities · NACE

Cafés en bars

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Eetgelegenheden met beperkte bediening

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Frequently asked questions

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 (18 September 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.