What does Belufin do?

Belufin is a holding company in Gent. Public Limited, started on 10 November 2021, 1 establishment.

What is the address of Belufin?

The registered office of Belufin is located at Rodebeukendreef 5a, 9050 Gent.

Is Belufin still active?

Yes. According to the CBE (29 October 2026) Belufin is active, legal situation “Normale toestand”, started on 10 November 2021.

Is Belufin registered on Peppol?

Yes, Belufin is registered on the Peppol network with ID 0208:0777247241.

What is the enterprise number of Belufin?

The enterprise number of Belufin is BE0777247241.

When was Belufin founded?

Belufin was founded on 10 November 2021.

Who are the directors of Belufin?

According to the 2025 annual accounts, the directors of Belufin are: Arthauris Invest BV, Pieter Norga, ATventures BV, Jean-Sébastien Scarcez.

Is Belufin a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 November 2021; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Belufin make in 2025?

Belufin posted a profit after taxes of € 6,184,230 in financial year 2025.

What is the revenue of Belufin?

As a small company, Belufin is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 468,648.

How much does an employee at Belufin earn?

The average wage cost per full-time employee at Belufin was € 63,100 in 2025: staff costs of € 63,140 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Belufin have?

According to the 2025 annual accounts, Belufin has 1 full-time equivalents (FTE).

Belufin (Public Limited) - Gent - BE0777247241

Dossier Belufin, printed on 29 October 2026 from databakkes.be/en/0777247241/belufin. 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.

Tight liquidity NBB

Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Belufin from Gent, company number BE0777247241, closed financial year 2025 with a result of € 6.2 million after tax. For that financial year Belufin recorded a gross margin of € 468,648 and equity of € 15.5 million. Compared with financial year 2024, the result moved from € 322,879 to € 6.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.

What it is worth Growing

€ 15.5 million

▲ 64% vs 2024

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

Profit Growing

€ 6.2 million

▲ € 5.9 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 244,517

▲ 74% vs 2024

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

Where the profit goes Pays out

€ 120,000 paid out

2 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 63,140

€ 63,100 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.

Debts at end 2025

Bank debt ≈ 4 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.

€ 10.2 million

▲ 19% vs 2024

€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 27,563

▲ 32% vs 2024

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

Taxes and wages

€ 155,287

▲ 44% 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	€ 104,385 Gross margin 2022: € 104,385 First fiscal year in the series	€ 678,302 Gross margin 2023: € 678,302 ▲ € 573,918 vs 2022 (€ 104,385) Favourable step	€ 635,473 Gross margin 2024: € 635,473 ▼ 6% vs 2023 (€ 678,302) Unfavourable step	€ 468,648 Gross margin 2025: € 468,648 ▼ 26% vs 2024 (€ 635,473) Unfavourable step	▼ 26%
Profit after taxes	€ 4,330,676 Profit after taxes 2022: € 4,330,676 First fiscal year in the series	€ 4,372,311 Profit after taxes 2023: € 4,372,311 ▲ 1% vs 2022 (€ 4,330,676) Favourable step	€ 322,879 Profit after taxes 2024: € 322,879 ▼ 93% vs 2023 (€ 4,372,311) Unfavourable step	€ 6,184,230 Profit after taxes 2025: € 6,184,230 ▲ € 5.9 million vs 2024 (€ 322,879) Favourable step	▲ € 5.9 million
Equity	€ 4,980,676 Equity 2022: € 4,980,676 First fiscal year in the series	€ 9,252,987 Equity 2023: € 9,252,987 ▲ 86% vs 2022 (€ 4,980,676) Favourable step	€ 9,455,866 Equity 2024: € 9,455,866 ▲ 2% vs 2023 (€ 9,252,987) Favourable step	€ 15,520,096 Equity 2025: € 15,520,096 ▲ 64% vs 2024 (€ 9,455,866) Favourable step	▲ 64%
Total debts	€ 11,651,993 Total debts 2022: € 11,651,993 First fiscal year in the series	€ 10,495,610 Total debts 2023: € 10,495,610 ▼ 10% vs 2022 (€ 11,651,993) Favourable step	€ 14,914,944 Total debts 2024: € 14,914,944 ▲ 42% vs 2023 (€ 10,495,610) Unfavourable step	€ 12,044,510 Total debts 2025: € 12,044,510 ▼ 19% vs 2024 (€ 14,914,944) Favourable step	▼ 19%
Cash	€ 164,033 Cash 2022: € 164,033 First fiscal year in the series	€ 181,630 Cash 2023: € 181,630 ▲ 11% vs 2022 (€ 164,033) Favourable step	€ 140,587 Cash 2024: € 140,587 ▼ 23% vs 2023 (€ 181,630) Unfavourable step	€ 244,517 Cash 2025: € 244,517 ▲ 74% vs 2024 (€ 140,587) Favourable step	▲ 74%
Retained profit	€ 4,330,676 Retained profit 2022: € 4,330,676 First fiscal year in the series	€ 8,602,987 Retained profit 2023: € 8,602,987 ▲ 99% vs 2022 (€ 4,330,676) Favourable step	€ 8,805,866 Retained profit 2024: € 8,805,866 ▲ 2% vs 2023 (€ 8,602,987) Favourable step	€ 14,870,096 Retained profit 2025: € 14,870,096 ▲ 69% vs 2024 (€ 8,805,866) Favourable step	▲ 69%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 Unchanged (€ 0) Unchanged	€ 120,000 Dividend 2024: € 120,000 ▲ 20% vs 2023 (€ 100,000) Unchanged	€ 120,000 Dividend 2025: € 120,000 Unchanged (€ 120,000) Unchanged
Bank debt	€ 10,275,806 Bank debt 2022: € 10,275,806 First fiscal year in the series	€ 9,790,816 Bank debt 2023: € 9,790,816 ▼ 5% vs 2022 (€ 10,275,806) Favourable step	€ 8,585,609 Bank debt 2024: € 8,585,609 ▼ 12% vs 2023 (€ 9,790,816) Favourable step	€ 10,226,300 Bank debt 2025: € 10,226,300 ▲ 19% vs 2024 (€ 8,585,609) Unfavourable step	▲ 19%
Balance sheet total	€ 16,632,670 Balance sheet total 2022: € 16,632,670 First fiscal year in the series	€ 19,748,597 Balance sheet total 2023: € 19,748,597 ▲ 19% vs 2022 (€ 16,632,670) Unchanged	€ 24,370,810 Balance sheet total 2024: € 24,370,810 ▲ 23% vs 2023 (€ 19,748,597) Unchanged	€ 27,564,605 Balance sheet total 2025: € 27,564,605 ▲ 13% vs 2024 (€ 24,370,810) Unchanged	▲ 13%
Employees (FTE)	-	-	-	1 Employees (FTE) 2025: 1 First fiscal year in the series

Key figures of Belufin, 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 Belufin?

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

Sep 8, 2026 New annual accounts for financial year 2025: profit of € 6.2 million (▲ € 5.9 million vs 2024). filed late Source: NBB ↗
Nov 10, 2021 New establishment in Gent. KBO
Nov 10, 2021 Start of the company according to the CBE. KBO

In short

From € 4.3 million profit in 2022 to € 6.2 million profit in 2025.

Paid € 211,230 in corporate taxes since 2022.

Best year ever: 2025, with € 6.2 million profit.

On average € 468,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Arthauris Invest 25%

The stake of Arthauris Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Belufin

VENTURI CASH 100%

Crédit Populaire Européen 100%

EUROCREDIT Luxembourg 100%

CREDIT POPULAIRE EUROPEEN 100%

Behind Belufin are Arthauris Invest BV, Pieter Norga, ATventures BV and Jean-Sébastien Scarcez. The shares are held by Arthauris Invest (25%). It owns 100% of VENTURI CASH, 100% of Crédit Populaire Européen, 100% of EUROCREDIT Luxembourg, 100% of CREDIT POPULAIRE EUROPEEN, 100% of Partemis and 100% of Venturi Cash SA itself.