Financials
Financial year 2025
BELASCO from Gent, company number BE0835182668, closed financial year 2025 with a result of € 305,923 after tax. For that financial year BELASCO recorded revenue of € 27.6 million and equity of € 7 million. Compared with financial year 2024, the result moved from € 291,765 to € 305,923. 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 June 23, 2026.
€ 7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 305,923
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 42% 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 € 4 million.
People and assets in 2025
41.6
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4 million
▲ 7% vs 2024
€ 96,200 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.
€ 818,808
▲ 241% vs 2024
Of which on lease € 645,441.
Debts at end 2025
€ 2.4 million
▲ 238% vs 2024
€ 671,807 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6.2 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 787,630
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,767,646 | € 29,342,261 | € 29,968,760 | € 27,626,175 | ▼ 8% |
| Profit after taxes | € 795,760 | € 149,895 | € 291,765 | € 305,923 | ▲ 5% |
| Equity | € 6,236,769 | € 6,386,664 | € 6,678,429 | € 6,984,352 | ▲ 5% |
| Total debts | € 13,167,495 | € 9,957,913 | € 12,039,483 | € 11,150,001 | ▼ 7% |
| Cash | € 1,617,069 | € 262,811 | € 2,035,365 | € 1,180,568 | ▼ 42% |
| Land & buildings | € 5,003,165 | € 4,440,144 | € 3,929,249 | € 3,395,028 | ▼ 14% |
| Retained profit | € 3,236,769 | € 3,386,664 | € 3,678,429 | € 3,984,352 | ▲ 8% |
| Bank debt | € 1,345,343 | € 1,015,916 | € 703,523 | € 2,379,372 | ▲ 238% |
| Balance sheet total | € 19,404,264 | € 16,344,577 | € 18,717,912 | € 18,134,353 | ▼ 3% |
| Employees (FTE) | 41.5 | 40.2 | 40.1 | 41.6 | ▲ 1.5 |
Key figures of BELASCO, 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 BELASCO?
What happened at BELASCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-François Pôlet stepped down as director. NBB
- FOMA Consulting bv stepped down as director. NBB
- Mark Beyst Consultancy bv stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 305,923 (▲ 5% vs 2024). Source: NBB ↗
- Manangali bv stepped down as director. NBB
- Manangali bv became a director. NBB
- BESIX Infra nv stepped down as director. NBB
- FOMA Consulting bv became a director. NBB
In short
From € 795,760 profit in 2022 to € 305,923 profit in 2025.
Paid € 583,740 in corporate taxes since 2022.
Best year ever: 2022, with € 795,760 profit.
Pays suppliers within 104 days on average.
Management
The stake of BESIX Infra comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELASCOThe shares are held by BESIX Infra (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Bart Verhulst
Also active at: BESIX Unitec, BESIX INFRA SUPPORT, BESIX Infra, R4 Gent Onderhoud
since 2025 · until 2026
since 2017 · until 2027
Director · represented by Annick Martin
Also active at: BESIX Unitec, BESIX INFRA SUPPORT, BESIX Infra, LUCAN, BESIX Connect, BESIX Reditec, APPERMONT GEBROEDERS, BESIX Soltec
since 2022 · until 2027
Director · represented by Beyst Mark
Also active at: Entreprises Jacques Delens, BESIX Unitec, BESIX Infra, SUD - CONSTRUCT, VANHOUT, SOCOGETRA, COMPAGNIE BELGE DE BATIMENT, RABOT INVEST +2 more
since 2020 · until 2027
Managing director · represented by Bart Verhulst, Manangali bv vast vertegenwoordigd door bart Verhulst
Also active at: VZW EMBUILD OOST-VLAANDEREN - Algemene Aannemers, SILVIUS ONDERHOUD
since 2017 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Christoffel Columbuslaan Z/N
9042 Gent
Taunusweg 49
3740 Bilzen-Hoeselt
Active since 20 September 2012
Nijverheidstraat 12
2870 Puurs
Active since 20 September 2012
Steenwinkelstraat 640
2627 Schelle
Active since 1 January 2013
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
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Website info
Features
Security
Details
- Company number
- 0835.182.668
- VAT number
- BE 0835.182.668
- Registered office
- Christoffel Columbuslaan Z/N, 9042 Gent
- Names & denominations
- BELASCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2011
- Peppol
- Active · Active since 22 Oct 2025
- Contact
- belasco.be
- Activities · NACE
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