Financials
Financial year 2025
BEL-SA from Gent, company number BE1011327542, closed financial year 2025 with a result of € 17,238 after tax. For that financial year BEL-SA recorded a gross margin of € 98,549 and equity of € 63,998. Compared with financial year 2024, the result moved from € 41,427 to € 17,238. The company is profitable. 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 August 31, 2026.
€ 63,998
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,238
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ € 2,288 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 71,516
▲ 298% 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.
€ 841
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,771
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,133
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 71,048 | € 98,549 | ▲ 39% |
| Profit after taxes | € 41,427 | € 17,238 | ▼ 58% |
| Equity | € 47,594 | € 63,998 | ▲ 34% |
| Total debts | € 20,508 | € 20,737 | ▲ 1% |
| Cash | € 2,288 | € 0 | ▼ € 2,288 |
| Retained profit | € 40,594 | € 56,998 | ▲ 40% |
| Dividend | € 833 | € 833 | |
| Balance sheet total | € 68,102 | € 84,735 | ▲ 24% |
Key figures of BEL-SA, fiscal years 2024 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 BEL-SA?
What happened at BEL-SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,238 (▼ 58% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Ergun Bulut became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 41,427 profit in 2024 to € 17,238 profit in 2025.
Paid € 15,222 in corporate taxes since 2024.
Best year ever: 2024, with € 41,427 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind BEL-SA is Ergun Bulut.
Directors
According to the 2025 annual accounts
Ergun Bulut
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 135
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1011.327.542
- VAT number
- BE 1011.327.542
- Registered office
- Hoveniersstraat 135, 9050 Gent
- Names & denominations
- BEL-SA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2024
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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