Financials
Financial year 2025
BELTING from Kuurne, company number BE0873667419, closed financial year 2025 with a result of € -308,764 after tax. For that financial year BELTING recorded revenue of € 7.3 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 131,673 to € -308,764. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 2.2 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -308,764
▼ still € 131,673 profit in 2024
Profit after tax over the fiscal year.
€ 327,189
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
29.1
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
€ 80,900 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.
€ 129,389
▼ 49% vs 2024
Of which on lease € 102,059.
Debts at end 2025
€ 101,835
▼ 65% vs 2024
€ 45,162 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 479,123
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 333,762
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 7,179,341 | € 7,264,322 | ▲ 1% |
| Gross margin | € 3,118,819 | € 3,056,835 | - | - | |
| Profit after taxes | € 451,924 | € 648,565 | € 131,673 | € -308,764 | ▼ € 440,437 |
| Equity | € 1,742,079 | € 2,389,834 | € 2,521,508 | € 2,212,743 | ▼ 12% |
| Total debts | € 1,876,935 | € 1,748,940 | € 1,381,540 | € 1,220,683 | ▼ 12% |
| Cash | € 701,484 | € 308,133 | € 427,359 | € 327,189 | ▼ 23% |
| Retained profit | € 1,041,269 | € 1,689,834 | € 1,821,508 | € 1,512,743 | ▼ 17% |
| Bank debt | € 855,667 | € 525,393 | € 290,508 | € 101,835 | ▼ 65% |
| Balance sheet total | € 3,619,284 | € 4,180,943 | € 3,943,832 | € 3,474,608 | ▼ 12% |
| Employees (FTE) | 28.3 | 29.9 | 28.5 | 29.1 | ▲ 0.6 |
Key figures of BELTING, 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 BELTING?
What happened at BELTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 308,764 (▼ € 440,437 vs 2024). Source: NBB ↗
- Stefaan Degroote became a director. NBB
- Menno Peeters became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 451,924 profit in 2022 to € 308,764 loss in 2025.
Paid € 226,064 in corporate taxes since 2022.
Best year ever: 2023, with € 648,565 profit.
On average € 102,200 of value added per employee in 2023.
A new publication or filing at BELTING? 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%
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 BELTING are Menno Peeters and Stefaan Degroote.
Directors
According to the 2025 annual accounts
Menno Peeters
Director
since 2022
Stefaan Degroote
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Noordlaan 5
8520 Kuurne
Watermolenstraat(Kor) 47
8500 Kortrijk
Active since 18 May 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Panelflex
€ 1.5 million gross margin · 2025
STANDELEC
€ 2 million gross margin · 2025
VANDENBUSSCHE RUDI
€ 1.7 million gross margin · 2025
KRAL
€ 173,456 gross margin · 2025
IMMO VANDENBUSSCHE
€ 4,724 gross margin · 2025
+1 more
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0873.667.419
- VAT number
- BE 0873.667.419
- Registered office
- Noordlaan 5, 8520 Kuurne
- Names & denominations
- BELTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2005
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- belting.be
- Activities · NACE
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