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 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELFRA PROJECTS from Antwerpen, company number BE0799485480, closed financial year 2025 with a result of € -4,142 after tax. For that financial year BELFRA PROJECTS recorded a gross margin of € -2,738 and equity of € -2,946. Compared with financial year 2024, the result moved from € -8,804 to € -4,142. 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 June 13, 2026.
€ -2,946
▼ € 4,142 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,142
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 618
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,946.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 214
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -4,602 | € -2,738 | ▲ € 1,864 |
| Profit after taxes | € -8,804 | € -4,142 | ▲ € 4,661 |
| Equity | € 1,196 | € -2,946 | ▼ € 4,142 |
| Total debts | € 3,373 | € 5,251 | ▲ 56% |
| Cash | € 966 | € 618 | ▼ 36% |
| Retained profit | € -8,804 | € -12,946 | ▼ € 4,142 |
| Balance sheet total | € 4,570 | € 2,306 | ▼ 50% |
Key figures of BELFRA PROJECTS, fiscal years 2024 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 BELFRA PROJECTS?
What happened at BELFRA PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,142. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,804 loss in 2024 to € 4,142 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BELFRA PROJECTS are Gunther Frans Willems and An Joannes Hermans. Gunther Frans Willems is also behind GT-ESTATE.
Directors
According to the 2025 annual accounts
An Joannes Hermans
Director
Establishments
Establishment units
Physical locations of this company
Verbindingsdok-Oostkaai 5 box 4
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0799.485.480
- VAT number
- BE 0799.485.480
- Registered office
- Verbindingsdok-Oostkaai 5 bus 4, 2000 Antwerpen
- Names & denominations
- BELFRA PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2023
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige zakelijke dienstverlening, neg