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
BELGOFARM from Pittem, company number BE0829008619, closed financial year 2025 with a result of € 12,721 after tax. For that financial year BELGOFARM recorded a gross margin of € 165,651 and equity of € 245,278. Compared with financial year 2024, the result moved from € 31,517 to € 12,721. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ 245,278
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,721
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 2,572
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 186,278.
People and assets in 2025
€ 411
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 751,372
▲ 39% vs 2024
€ 83,039 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 16,360
▲ € 15,402 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,834
▲ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 173,120 | € 212,012 | € 159,597 | € 165,651 | ▲ 4% |
| Profit after taxes | € 43,900 | € 88,460 | € 31,517 | € 12,721 | ▼ 60% |
| Equity | € 112,580 | € 201,040 | € 232,557 | € 245,278 | ▲ 5% |
| Total debts | € 895,350 | € 778,465 | € 957,869 | € 1,227,708 | ▲ 28% |
| Cash | € 2,241 | € 31,714 | € 23,015 | € 2,572 | ▼ 89% |
| Land & buildings | € 317,757 | € 300,541 | € 284,959 | € 260,066 | ▼ 9% |
| Retained profit | € 53,580 | € 142,040 | € 173,557 | € 186,278 | ▲ 7% |
| Bank debt | € 383,194 | € 308,055 | € 541,388 | € 751,372 | ▲ 39% |
| Balance sheet total | € 1,007,930 | € 979,505 | € 1,190,426 | € 1,472,986 | ▲ 24% |
Key figures of BELGOFARM, 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 April 2027.
What happened to BELGOFARM?
What happened at BELGOFARM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,721 (▼ 60% vs 2024). Source: NBB ↗
- Gino Puype became a director. NBB
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,900 profit in 2022 to € 12,721 profit in 2025.
Paid € 92,328 in corporate taxes since 2022.
Best year ever: 2023, with € 88,460 profit.
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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
Directors
According to the 2025 annual accounts
Gino Puype
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Grootveldstraat 8
8740 Pittem
Pannemeersstraat 6
8755 Wingene
Active since 20 September 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.008.619
- VAT number
- BE 0829.008.619
- Registered office
- Grootveldstraat 8, 8740 Pittem
- Names & denominations
- BELGOFARM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2010
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Varkensvetmesterijen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen