Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELMATIC from Tielt, company number BE0747656402, closed financial year 2025 with a result of € -136,499 after tax. For that financial year BELMATIC recorded a gross margin of € 207,767 and equity of € 154,404. Compared with financial year 2024, the result moved from € 127,413 to € -136,499. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 154,404
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136,499
▼ still € 127,413 profit in 2024
Profit after tax over the fiscal year.
€ 60,082
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 75,284.
People and assets in 2025
2.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 226,815
▲ 202% vs 2024
€ 90,700 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.
€ 82,426
▼ 27% vs 2024
Of which on lease € 34,987.
Debts at end 2025
€ 293,813
▼ 14% vs 2024
€ 41,398 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 167,153
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,138
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,211 | € 225,427 | € 338,051 | € 207,767 | ▼ 39% |
| Profit after taxes | € 27,385 | € 118,781 | € 127,413 | € -136,499 | ▼ € 263,911 |
| Equity | € 13,709 | € 84,490 | € 290,903 | € 154,404 | ▼ 47% |
| Total debts | € 457,255 | € 687,091 | € 590,531 | € 601,556 | ▲ 2% |
| Cash | € 60,896 | € 57,774 | € 58,113 | € 60,082 | ▲ 3% |
| Retained profit | € 13,589 | € 84,370 | € 211,783 | € 75,284 | ▼ 64% |
| Dividend | € 24,000 | € 48,000 | € 0 | € 0 | |
| Bank debt | € 130,521 | € 264,676 | € 340,507 | € 293,813 | ▼ 14% |
| Balance sheet total | € 470,963 | € 771,581 | € 881,434 | € 755,960 | ▼ 14% |
| Employees (FTE) | - | 1 | 1.4 | 2.5 | ▲ 1.1 |
By gross margin, BELMATIC ranks 4th of 27 companies with main activity “Algemene elektrotechnische installatiewerken” in Tielt that publish figures (fiscal year 2025).
Key figures of BELMATIC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about BELMATIC the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to BELMATIC?
What happened at BELMATIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136,499 (▼ € 263,911 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Tielt. KBO
In short
From € 27,385 profit in 2022 to € 136,499 loss in 2025.
Paid € 59,312 in corporate taxes since 2022.
Best year ever: 2024, with € 127,413 profit.
On average € 83,100 of value added per employee in 2025.
Management
Behind BELMATIC are DKM BV and VAN ZELE ELEKTRO BV.
Directors
According to the 2025 annual accounts
Director · represented by JEROEN DE KETELAERE
Director · represented by SAM VAN ZELE
Establishments
Establishment units
Physical locations of this company
Korte Kouter 1
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Tielt
Same main activity (Algemene elektrotechnische installatiewerken), 29 active companies in Tielt, largest first.
€ 693,288 gross margin · 2025
€ 688,826 gross margin · 2025
€ 491,647 gross margin · 2025
€ 153,429 gross margin · 2025
€ 119,336 gross margin · 2025
€ 111,846 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VAN ZELE Sam Arsène Paula(oprichter) 50%
- DE KETELAERE Jeroen Jens Dirk(oprichter) 50%
Details
- Company number
- 0747.656.402
- VAT number
- BE 0747.656.402
- Registered office
- Korte Kouter 1, 8760 Tielt
- Names & denominations
- BELMATIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrotechnische installatiewerken van nijverheidsinrichtingen