What does BELVORAS do?

BELVORAS is a butcher in Aalter. Public Limited, started on 22 April 2005, 2 establishments.

What is the address of BELVORAS?

The registered office of BELVORAS is located at Groendreef 10, 9880 Aalter.

Is BELVORAS still active?

Yes. According to the CBE (30 October 2026) BELVORAS is active, legal situation “Normale toestand”, started on 22 April 2005.

Is BELVORAS registered on Peppol?

Yes, BELVORAS is registered on the Peppol network with ID 0208:0873415516.

What is the enterprise number of BELVORAS?

The enterprise number of BELVORAS is BE0873415516.

When was BELVORAS founded?

BELVORAS was founded on 22 April 2005.

Who are the directors of BELVORAS?

According to the 2025 annual accounts, the directors of BELVORAS are: MEAT INVEST INTERNATIONAL.

Is BELVORAS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 April 2005; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did BELVORAS make in 2025?

BELVORAS posted a profit after taxes of € 74,339 in financial year 2025.

What is the revenue of BELVORAS?

As a small company, BELVORAS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 918,332.

How much does an employee at BELVORAS earn?

The average wage cost per full-time employee at BELVORAS was € 45,700 in 2025: staff costs of € 584,430 for 12.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELVORAS have?

According to the 2025 annual accounts, BELVORAS has 12.8 full-time equivalents (FTE).

BELVORAS (Public Limited) - Aalter - BE0873415516

Dossier BELVORAS, printed on 30 October 2026 from databakkes.be/en/0873415516/belvoras. 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 25 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

111 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

BELVORAS from Aalter, company number BE0873415516, closed financial year 2025 with a result of € 74,339 after tax. For that financial year BELVORAS recorded a gross margin of € 918,332 and equity of € 90,193. Compared with financial year 2024, the result moved from € -98,127 to € 74,339. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Growing

€ 90,193

▲ € 74,339 vs 2024

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

Profit Growing

€ 74,339

▲ still € 98,127 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,695

▼ 11% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 28,193.

People and assets in 2025

Full-time equivalents

12.8

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

Wage cost

€ 584,430

▼ 1% vs 2024

€ 45,700 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.

Vehicles and equipment

€ 17,464

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 86,333

▼ 25% vs 2024

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

Taxes and wages

€ 158,088

▲ 53% 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
Revenue	-	€ 543,893 Revenue 2023: € 543,893 First fiscal year in the series	-	-
Gross margin	€ -119,705 Gross margin 2022: € -119,705 First fiscal year in the series	€ 137,783 Gross margin 2023: € 137,783 ▲ € 257,488 vs 2022 (€ -119,705) Favourable step	€ 735,584 Gross margin 2024: € 735,584 ▲ € 597,801 vs 2023 (€ 137,783) Favourable step	€ 918,332 Gross margin 2025: € 918,332 ▲ 25% vs 2024 (€ 735,584) Favourable step	▲ 25%
Profit after taxes	€ -122,803 Profit after taxes 2022: € -122,803 First fiscal year in the series	€ 21,109 Profit after taxes 2023: € 21,109 ▲ € 143,913 vs 2022 (€ -122,803) Favourable step	€ -98,127 Profit after taxes 2024: € -98,127 ▼ € 119,236 vs 2023 (€ 21,109) Unfavourable step	€ 74,339 Profit after taxes 2025: € 74,339 ▲ € 172,465 vs 2024 (€ -98,127) Favourable step	▲ € 172,465
Equity	€ 92,872 Equity 2022: € 92,872 First fiscal year in the series	€ 113,981 Equity 2023: € 113,981 ▲ 23% vs 2022 (€ 92,872) Favourable step	€ 15,855 Equity 2024: € 15,855 ▼ 86% vs 2023 (€ 113,981) Unfavourable step	€ 90,193 Equity 2025: € 90,193 ▲ € 74,339 vs 2024 (€ 15,855) Favourable step	▲ € 74,339
Total debts	€ 82,008 Total debts 2022: € 82,008 First fiscal year in the series	€ 814,525 Total debts 2023: € 814,525 ▲ € 732,517 vs 2022 (€ 82,008) Unfavourable step	€ 1,360,623 Total debts 2024: € 1,360,623 ▲ 67% vs 2023 (€ 814,525) Unfavourable step	€ 1,087,423 Total debts 2025: € 1,087,423 ▼ 20% vs 2024 (€ 1,360,623) Favourable step	▼ 20%
Cash	-	€ 590 Cash 2023: € 590 First fiscal year in the series	€ 10,928 Cash 2024: € 10,928 ▲ € 10,338 vs 2023 (€ 590) Favourable step	€ 9,695 Cash 2025: € 9,695 ▼ 11% vs 2024 (€ 10,928) Unfavourable step	▼ 11%
Retained profit	€ 30,872 Retained profit 2022: € 30,872 First fiscal year in the series	€ 51,981 Retained profit 2023: € 51,981 ▲ 68% vs 2022 (€ 30,872) Favourable step	€ -46,145 Retained profit 2024: € -46,145 ▼ € 98,127 vs 2023 (€ 51,981) Unfavourable step	€ 28,193 Retained profit 2025: € 28,193 ▲ € 74,339 vs 2024 (€ -46,145) Favourable step	▲ € 74,339
Balance sheet total	€ 174,880 Balance sheet total 2022: € 174,880 First fiscal year in the series	€ 928,506 Balance sheet total 2023: € 928,506 ▲ € 753,626 vs 2022 (€ 174,880) Unchanged	€ 1,376,478 Balance sheet total 2024: € 1,376,478 ▲ 48% vs 2023 (€ 928,506) Unchanged	€ 1,177,617 Balance sheet total 2025: € 1,177,617 ▼ 14% vs 2024 (€ 1,376,478) Unchanged	▼ 14%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	2.5 Employees (FTE) 2023: 2.5 ▲ 1.7 vs 2022 (0.8) Unchanged	12.8 Employees (FTE) 2024: 12.8 ▲ 10.3 vs 2023 (2.5) Unchanged	12.8 Employees (FTE) 2025: 12.8 Unchanged (12.8) Unchanged

Key figures of BELVORAS, 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 BELVORAS?

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

Jun 16, 2026 New annual accounts for financial year 2025: profit of € 74,339. Source: NBB ↗
Jan 23, 2024 New establishment in Avelgem. KBO
Sep 1, 2023 New establishment in Aalst. KBO
2020 MEAT INVEST INTERNATIONAL became a director. NBB
Apr 22, 2005 Start of the company according to the CBE. KBO

In short

From € 122,803 loss in 2022 to € 74,339 profit in 2025.

Paid € 15,277 in corporate taxes since 2022.

Best year ever: 2025, with € 74,339 profit.

On average € 71,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MEAT INVEST INTERNATIONAL

BELVORAS

VLEMINOV

FOOD SERVICE

ALVOS

+120

Behind BELVORAS is MEAT INVEST INTERNATIONAL. MEAT INVEST INTERNATIONAL is also behind VLEMINOV, FOOD SERVICE, ALVOS, CHADE and LIKO.

Directors

According to the 2025 annual accounts

MEAT INVEST INTERNATIONAL

Director · represented by Geert Ally

Also active at: VLEMINOV, FOOD SERVICE, ALVOS, CHADE, LIKO, KDZ PROJECTS, MOERBEKE RETAIL, SINT-NIKLAAS RETAIL +115 more

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Groendreef 10

9880 Aalter

2.347.446.124

Hogeweg 51

9320 Aalst

Active since 1 September 2023

2.352.832.097

Etienne Balcaenstraat 2 box b

8580 Avelgem

Active since 23 January 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 111 companies are registered at this address.

All companies at this address →

VLEMINOV same network

€ 800,434 gross margin · 2025

FOOD SERVICE same network

€ 443,214 gross margin · 2025

ALVOS same network

€ 779,421 gross margin · 2025

LIKO same network

€ 553,402 gross margin · 2025

KDZ PROJECTS same network

€ 444,927 gross margin · 2025

+106 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0873.415.516

VAT number

BE 0873.415.516

Registered office

Groendreef 10, 9880 Aalter

Names & denominations

BELVORAS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 April 2005

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte

Detailhandel in vlees en vleeswaren

Overige niet-gespecialiseerde detailhandel

Detailhandel in vlees van wild en van gevogelte

Detailhandel via postorderbedrijven of via internet

View on CBE Public ↗ Annual accounts (NBB) ↗

BELVORAS

Warning lights

Financials

What happened to BELVORAS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions