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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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
BELECO from Ittre, company number BE0776750264, closed financial year 2024 with a result of € -53,580 after tax. For that financial year BELECO recorded a gross margin of € -47,707 and equity of € 742. Compared with financial year 2023, the result moved from € 3,514 to € -53,580. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 12, 2025.
€ 742
▼ 99% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,580
▼ still € 3,514 profit in 2023
Profit after tax over the fiscal year.
€ 11,252
▲ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19,258.
People and assets in 2024
€ 136
▼ 99% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 22,458
▼ 18% vs 2023
€ 4,940 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,470
▼ 98% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 8,558
▼ 60% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 11,678 | € 66,241 | € 34,349 | € -47,707 | ▼ € 82,055 |
| Profit after taxes | € 9,307 | € 21,501 | € 3,514 | € -53,580 | ▼ € 57,094 |
| Equity | € 29,307 | € 50,808 | € 54,322 | € 742 | ▼ 99% |
| Total debts | € 19,971 | € 280,894 | € 107,836 | € 32,486 | ▼ 70% |
| Cash | € 16,126 | € 18,141 | € 6,624 | € 11,252 | ▲ 70% |
| Retained profit | € 9,307 | € 30,808 | € 34,322 | € -19,258 | ▼ € 53,580 |
| Bank debt | € 0 | € 131,766 | € 27,317 | € 22,458 | ▼ 18% |
| Balance sheet total | € 49,279 | € 331,703 | € 162,158 | € 33,228 | ▼ 80% |
Key figures of BELECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BELECO?
What happened at BELECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 53,580 (▼ € 57,094 vs 2023). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
- FAÎCEL AYADI became a director. NBB
- MARVIN MICHEL VERHULST became a director. NBB
In short
From € 9,307 profit in 2021 to € 53,580 loss in 2024.
Paid € 8,870 in corporate taxes since 2021.
Best year ever: 2022, with € 21,501 profit.
Management
Behind BELECO are FAÎCEL AYADI and MARVIN MICHEL VERHULST. FAÎCEL AYADI is also behind FAYS, FAY’S, AA INVEST, LOC HOUSE and FAYS CAPITAL.
Directors
According to the 2024 annual accounts
since 2021
MARVIN MICHEL VERHULST
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Basse 26
1460 Ittre
Rue de Gosselies 13
6040 Charleroi
Active since 2 November 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →SEGAFREDO ZANETTI BELGIUM
€ 2.9 million revenue · 2025
CAWACARD
€ 76,521 gross margin · 2025
Carbon 12.011
€ 1.5 million gross margin · 2025
RIO EQUESTRIAN
€ 171,128 gross margin · 2025
SPOUTNIK 96
€ 35,152 gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
bleco.com
Registered
1999-03-09
Registrar
OVH sas
Expires
2027-03-09
Website info
Features
Security
Details
- Company number
- 0776.750.264
- VAT number
- BE 0776.750.264
- Registered office
- Rue Basse 26, 1460 Ittre
- Names & denominations
- BELECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2021
- Peppol
- Not registered
- Contact
- bleco.com [email protected] 0471233736
- Activities · NACE
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