Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 33.3 to 4.2.
Financials
Financial year 2025
BELYSSE from Waregem, company number BE0865751823, closed financial year 2025 with a result of € -255,942 after tax. For that financial year BELYSSE recorded revenue of € 5.4 million and equity of € 64 million. Compared with financial year 2024, the result moved from € -11.1 million to € -255,942. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 64 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -255,942
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7.6 million
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -96.5 million.
People and assets in 2025
4.2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 775,952
▼ 5% vs 2024
€ 184,800 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
€ 137 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 763,637
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 128,165
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,986,048 | € 9,708,428 | € 6,074,043 | € 5,377,890 | ▼ 11% |
| Profit after taxes | € -77,488,846 | € 10,102,609 | € -11,063,742 | € -255,942 | ▲ € 10.8 million |
| Equity | € 65,260,702 | € 75,363,311 | € 64,299,569 | € 64,043,627 | |
| Total debts | € 169,245,557 | € 164,204,943 | € 148,957,723 | € 143,541,504 | ▼ 4% |
| Cash | € 23,838,113 | € 28,382,155 | € 5,461,216 | € 7,591,088 | ▲ 39% |
| Retained profit | € -95,272,873 | € -85,170,264 | € -96,234,006 | € -96,489,948 | |
| Bank debt | € 154,236,256 | € 150,257,586 | € 143,173,470 | € 136,952,609 | ▼ 4% |
| Balance sheet total | € 234,506,258 | € 239,568,253 | € 213,257,292 | € 207,585,131 | ▼ 3% |
| Employees (FTE) | 30.2 | 33.3 | 4.8 | 4.2 | ▼ 0.6 |
Key figures of BELYSSE, 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 BELYSSE?
What happened at BELYSSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CERTO CERTIUS Comm. V. stepped down as director. NBB
- EQIDNA BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 255,942. Source: NBB ↗
- ANMIRU stepped down as director. NBB
- CERTO CERTIUS Comm. V. became a director. NBB
- EQIDNA BV became a director. NBB
- ANMIRU became a director. NBB
- New establishment in Zele. KBO
In short
From € 77.5 million loss in 2022 to € 255,942 loss in 2025.
Paid € 26,707 in corporate taxes since 2022.
Best year ever: 2023, with € 10.1 million profit.
Pays suppliers within 61 days on average.
A new publication or filing at BELYSSE? We notify you, reason included.
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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%
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Management
It owns 100% of ITC CO and 100% of LSF9 Renaissance Holdings LLC itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 172-174
8790 Waregem
Franklin Rooseveltlaan 172
8790 Waregem
Active since 14 June 2004
Zevensterrestraat 21
9240 Zele
Active since 1 January 2020
Kanegemstraat 15
8700 Tielt
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0865.751.823
- VAT number
- BE 0865.751.823
- Registered office
- Franklin Rooseveltlaan 172-174, 8790 Waregem
- Names & denominations
- BELYSSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren