Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BSL RENOVATION from Thimister-Clermont, company number BE0899927594, closed financial year 2025 with a result of € -152,854 after tax. For that financial year BSL RENOVATION recorded a gross margin of € 921,169 and equity of € -27,127. Compared with financial year 2024, the result moved from € 4,534 to € -152,854. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -27,127
▼ € 152,854 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -152,854
▼ still € 4,534 profit in 2024
Profit after tax over the fiscal year.
€ 75,440
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,587.
People and assets in 2025
15.6
▼ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 882,450
▼ 14% vs 2024
€ 56,600 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.
€ 171,020
▲ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 847,987
▲ 13% vs 2024
€ 107,968 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 366,264
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,717
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 847,462 | € 987,526 | € 1,203,639 | € 921,169 | ▼ 23% |
| Profit after taxes | € 39,560 | € -77,984 | € 4,534 | € -152,854 | ▼ € 157,388 |
| Equity | € 199,923 | € 121,525 | € 125,727 | € -27,127 | ▼ € 152,854 |
| Total debts | € 962,003 | € 1,615,083 | € 1,246,902 | € 1,399,952 | ▲ 12% |
| Cash | € 168,031 | € 200,507 | € 108,118 | € 75,440 | ▼ 30% |
| Land & buildings | - | € 413,569 | € 398,741 | € 383,913 | ▼ 4% |
| Retained profit | € 180,577 | € 100,734 | € 105,267 | € -47,587 | ▼ € 152,854 |
| Bank debt | € 537,842 | € 819,556 | € 752,724 | € 847,987 | ▲ 13% |
| Balance sheet total | € 1,161,926 | € 1,736,608 | € 1,372,629 | € 1,372,825 | |
| Employees (FTE) | 14.2 | 18.8 | 19.3 | 15.6 | ▼ 3.7 |
Key figures of BSL RENOVATION, 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 BSL RENOVATION?
What happened at BSL RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 152,854 (▼ € 157,388 vs 2024). Source: NBB ↗
- DNS Management SRL stepped down as director. NBB
- DP5 Management SRL became a director. NBB
- DNS Management SRL became a director. NBB
- Christophe COURTOIS stepped down as director. NBB
- New establishment in Thimister-Clermont. KBO
- New establishment in Verviers. KBO
- SERBI SA became a director. NBB
In short
From € 39,560 profit in 2022 to € 152,854 loss in 2025.
Paid € 17,935 in corporate taxes since 2022.
Best year ever: 2022, with € 39,560 profit.
On average € 59,000 of value added per employee in 2025.
A new publication or filing at BSL RENOVATION? 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
The stake of GEHLEN MANAGEMENT, DP5 management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BSL RENOVATIONBehind BSL RENOVATION are SERBI SA, GEHLEN MANAGEMENT SRL and DP5 Management SRL. The shares are held by GEHLEN MANAGEMENT (60%) and DP5 management (19%).
Directors
According to the 2025 annual accounts
since 2023
Administrateur · represented by Roger GEHLEN
Also active at: UNIMMO, GEHLEN IMMO, ETABLISSEMENTS PAULY - ANDRIANNE, COVEBAT, G-Bois, COMBLAIN MOTORS, ROGER GEHLEN, SERBI +27 more
since 2023
Administrateur · represented by David Pierry
since 2025
Administrateur · represented by Dorian Neuville
since 2025 · until 2026
Christophe COURTOIS
Administrateur
since 2023 · until 2025
Shareholders
19%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 3
4890 Thimister-Clermont
Pont-Derrière la Ville 4
4960 Malmedy
Active since 22 August 2008
Rue du Bosquet -
4890 Thimister-Clermont
Active since 1 January 2024
Quai de la Vesdre 9
4800 Verviers
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →GEHLEN IMMO same network
€ 283,272 gross margin · 2025
COVEBAT same network
€ 531,772 gross margin · 2025
G-Bois same network
€ 1.2 million gross margin · 2025
SERBI same network
€ 45 million revenue · 2025
Espace Industriel des Plénesses
€ 1.3 million gross margin · 2025
+21 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
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0899.927.594
- VAT number
- BE 0899.927.594
- Registered office
- Rue du Bosquet 3, 4890 Thimister-Clermont
- Names & denominations
- BSL RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2008
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- bslrenovation.be
- Activities · NACE
Metselwerk
Overige gespecialiseerde bouwactiviteiten, neg
Uitvoeren van metsel- en voegwerken
Overige gespecialiseerde bouwwerkzaamheden
Bouwrijp maken van terreinen
Algemene bouw van residentiële gebouwen
Ondersteunende diensten in verband met de bosbouw