Financials
Financial year 2025
Belsov from Ieper, company number BE1005580291, closed financial year 2025 with a result of € 68,224 after tax. For that financial year Belsov recorded a gross margin of € 101,149 and equity of € 120,085. Compared with financial year 2024, the result moved from € 48,861 to € 68,224. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 19, 2026.
€ 120,085
▲ 132% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,224
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 56,504
▲ € 42,484 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 € 117,085.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 97,415
▲ 212% vs 2024
Of which on lease € 77,333.
Debts at end 2025
€ 64,204
€ 11,856 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 18,471
▲ 127% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,455
▲ 67% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 66,926 | € 101,149 | ▲ 51% |
| Profit after taxes | € 48,861 | € 68,224 | ▲ 40% |
| Equity | € 51,861 | € 120,085 | ▲ 132% |
| Total debts | € 25,438 | € 103,130 | ▲ € 77,692 |
| Cash | € 14,019 | € 56,504 | ▲ € 42,484 |
| Retained profit | € 48,861 | € 117,085 | ▲ 140% |
| Bank debt | € 0 | € 64,204 | |
| Balance sheet total | € 77,299 | € 223,215 | ▲ 189% |
Key figures of Belsov, fiscal years 2024 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 Belsov?
What happened at Belsov in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,224 (▲ 40% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gistel. KBO
- Serhij Mynda became a director. NBB
In short
From € 48,861 profit in 2024 to € 68,224 profit in 2025.
Paid € 27,623 in corporate taxes since 2024.
Best year ever: 2025, with € 68,224 profit.
Management
Behind Belsov is Serhij Mynda.
Directors
According to the 2025 annual accounts
Serhij Mynda
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Moortelweg 13
8900 Ieper
Abdijstraat 18
8470 Gistel
Active since 2 February 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Mynda, Serhij(oprichter) 100%
Details
- Company number
- 1005.580.291
- VAT number
- BE 1005.580.291
- Registered office
- Moortelweg 13, 8900 Ieper
- Names & denominations
- Belsov
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2024
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Verspanend bewerken van metalen
Vervaardiging van overige producten van metaal, neg
Vervaardiging van metalen constructiewerken en delen daarvan
Reparatie en onderhoud van machines
Coating van metalen
Reparatie en onderhoud van elektrische apparatuur
Smeden van metaal
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
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