Financials
Financial year 2025
BELVARCO from Wingene, company number BE0882379702, closed financial year 2025 with a result of € 118,021 after tax. For that financial year BELVARCO recorded a gross margin of € 281,962 and equity of € 501,660. Compared with financial year 2024, the result moved from € 66,594 to € 118,021. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 501,660
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,021
▲ 77% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 177% 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 € 420,061.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,139
▲ 105% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 44,339
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 341,310
▼ 14% vs 2024
€ 55,714 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.2 million
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,748
▼ 26% 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 | € 205,110 | € 273,065 | € 213,981 | € 281,962 | ▲ 32% |
| Profit after taxes | € 90,829 | € 95,739 | € 66,594 | € 118,021 | ▲ 77% |
| Equity | € 221,160 | € 317,046 | € 383,640 | € 501,660 | ▲ 31% |
| Total debts | € 1,156,156 | € 1,532,239 | € 1,509,678 | € 1,811,173 | ▲ 20% |
| Cash | € 274,595 | € 494,614 | € 410,451 | € 1,136,288 | ▲ 177% |
| Land & buildings | € 547,430 | € 684,330 | € 614,746 | € 547,457 | ▼ 11% |
| Retained profit | € 133,484 | € 232,163 | € 300,399 | € 420,061 | ▲ 40% |
| Bank debt | € 443,452 | € 552,738 | € 397,024 | € 341,310 | ▼ 14% |
| Balance sheet total | € 1,378,320 | € 1,850,142 | € 1,894,088 | € 2,313,517 | ▲ 22% |
Key figures of BELVARCO, 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 January 2027.
What happened to BELVARCO?
What happened at BELVARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 118,021 (▲ 77% vs 2024). Source: NBB ↗
- New establishment in Wingene. KBO
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,829 profit in 2022 to € 118,021 profit in 2025.
Paid € 112,448 in corporate taxes since 2022.
Best year ever: 2025, with € 118,021 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
Behind BELVARCO are Els Vanbruaene and Koen De Baets. The shares are held by Els Vanbruaene and Koen De Baets.
Directors
According to the 2025 annual accounts
Els Vanbruaene
Director
Is a shareholder
Koen De Baets
Director
Is a shareholder
Shareholders
Els Vanbruaene · director
Koen De Baets · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ruiseledesteenweg 177
8755 Wingene
Schewegestraat 18A
8750 Wingene
Active since 1 July 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.379.702
- VAT number
- BE 0882.379.702
- Registered office
- Ruiseledesteenweg 177, 8755 Wingene
- Names & denominations
- BELVARCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2006
- Peppol
- Active · Active since 17 Jan 2026
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij
Gemengd landbouwbedrijf
Gemengd bedrijf