Equity
€105,530 ▼ 8.6%
Bel Group has made a profit in every financial year since 2016.
Bel Group
Lifetime
10 annual accounts with figures on one time axispeak €142,093 (2023)
€133,225▲ 26.5%
peak €56,779 (2023)
€20,892▲ 81.8%
peak €115,488 (2024)
€105,530▼ 8.6%
€335,813▼ 12.8%
Board3 names since 2017
2 directors and 1 other
Documentsfilings and deeds
20-10-202681 days late
2025micro format
Gross margin from €105,287 to €133,225Result from €11,491 to €20,892
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as Bel Group has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for Bel Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0506938331
Registered office moved from Holsbeek to Linden
New registered office: Endepoelstraat 3A bus 001 te 3210 Linden (Lubbeek) · Previous registered office: Rotselaarspad 2A te 3220 Holsbeek · Resignation: (director) · General meeting of 26-09-2022 · Gazette deed
Changes of role: , and
“De aan- en verkoop alsmede de nieuwbouw van onroerende goederen, het verbouwen, bouwen en renoveren van deze…” (deed in Dutch) · General meeting of 22-06-2021 · Gazette deed
New establishment in Lubbeek
Endepoelstraat 3A
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bel Group Lubbeek | €441,343 | €133,225 | 23.9% | - |
| ISOCOVER Roosdaal | €336,944 | €101,382 | 94.3% | - |
| ARA1000 Beersel | €403,783 | €225,186 | 91.2% | - |
| Dakwerken Jaymi Tielt | €503,946 | €179,825 | 52.2% | - |
| EXCLUSIVE WOOD CREATIONS Halen | €323,370 | €141,846 | 54.3% | - |
| MS Renovatie Herenthout | €338,998 | €119,975 | 43.8% | - |
| PUBRO X Herentals | €543,448 | €156,242 | 15.6% | 2.7 |
These companies have the same main activity as Bel Group: insulation installation (NACE 43230). They are comparable in size and age: total assets between €323,000 and €543,000, founded between 2012 and 2017.
Official details
Source: KBO- Status
- Active since 08-12-2014Normal situation
- Registered office
- 20 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Insulation installationNACE 43230and 12 others
- Joint committee
- 124Construction · annual accounts 2022
- Establishment units
- 2.239.562.9221370 Jodoigne, since 08-12-2014
- 2.239.563.5163220 Holsbeek, since 08-12-2014and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €420,000estimated
- €441,343▼ 11.9%
- ≈ 1.1 FTEestimated
- Filing
- Filed on 20-10-2026
Insights on Bel Group
Bel Group files the micro format. That format states no turnover. The gross margin rose from €11,038 in 2016 to €133,225 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Bel Group
- What is the company number of Bel Group?
- The company number of Bel Group is 0506.938.331. The VAT number is the same number with BE in front: BE 0506.938.331.
- Where is Bel Group based?
- The registered office is at Endepoelstraat 3A, 3210 Lubbeek.Company details
- What does Bel Group do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of Bel Group?
- Bel Group is a private limited company (BV).
- When was Bel Group founded?
- Bel Group was founded on 08-12-2014.
- Is Bel Group still active?
- Yes, Bel Group is an active enterprise in the KBO register.
- How many employees does Bel Group have?
- Bel Group had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Bel Group fall under?
- In its 2022 annual accounts, Bel Group states joint committee 124 (Construction).
- What is the turnover of Bel Group?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €133,225 and 86 comparable companies (NACE 432). It probably lies between €330,000 and €500,000.
- Is Bel Group profitable?
- In financial year 2025, Bel Group made a profit of €20,892.
- Where can I find the annual accounts of Bel Group?
- Bel Group filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bel Group due?
- Bel Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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