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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Belzis from Mechelen, company number BE0723515575, closed financial year 2025 with a result of € -508,463 after tax. For that financial year Belzis recorded a gross margin of € -198,818 and equity of € -733,719. Compared with financial year 2024, the result moved from € -88,724 to € -508,463. 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 October 15, 2026.
€ -733,719
▼ € 508,463 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -508,463
▼ 473 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,274
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -983,719.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 4.2 million
▼ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 660,491
▲ € 598,003 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,903
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,326,696 | € -124,740 | € 361,265 | € -198,818 | ▼ € 560,084 |
| Profit after taxes | € 10,169 | € -419,202 | € -88,724 | € -508,463 | ▼ € 419,739 |
| Equity | € 282,669 | € -136,533 | € -225,257 | € -733,719 | ▼ € 508,463 |
| Total debts | € 6,428,622 | € 7,975,087 | € 7,372,357 | € 7,303,020 | ▼ 1% |
| Cash | € 9,490 | € 5,119 | € 3,205 | € 4,274 | ▲ 33% |
| Retained profit | € 32,669 | € -386,533 | € -475,257 | € -983,719 | ▼ € 508,463 |
| Bank debt | € 4,513,760 | € 6,427,005 | € 5,375,247 | € 4,193,157 | ▼ 22% |
| Balance sheet total | € 6,711,291 | € 7,838,554 | € 7,147,101 | € 6,569,301 | ▼ 8% |
Key figures of Belzis, 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 Belzis?
What happened at Belzis in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 508,463. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,169 profit in 2022 to € 508,463 loss in 2025.
Paid € 6,203 in corporate taxes since 2022.
Best year ever: 2022, with € 10,169 profit.
Management
The stake of A-STAR GROUP, DIGERSO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BelzisBehind Belzis are A-Star Group NV and Digerso NV. The shares are held by A-STAR GROUP (50%) and DIGERSO (50%).
Directors
According to the 2025 annual accounts
Director · represented by Ben Van Loo
Also active at: ABCO, Jan Moonen, B & Co RENT, Michiels, AB AUTO, MOJA, AB, LOOCA +20 more
Director · represented by Thiers Timothy, Timothy Thiers
Also active at: Samo Trading, PATRICIA REAL ESTATE, Immo Projects Carpentier & Partners
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Begijnenweide 3
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →ABCO same network
€ 150,201 gross margin · 2025
B & Co RENT same network
€ 379,289 gross margin · 2025
Michiels same network
€ 285,139 gross margin · 2025
B-APART same network
€ 6.1 million revenue · 2025
WASTI same network
€ 29,983 gross margin · 2025
+18 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
- 0723.515.575
- VAT number
- BE 0723.515.575
- Registered office
- Begijnenweide 3, 2800 Mechelen
- Names & denominations
- Belzis
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2019
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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