ACTIVE

Belteinka

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Financial year 2025 · Closed on 31/12/2025

Net result
17,2 k €
-45,2 %over 1 year
Gross margin
172,1 k €
-7,7 %over 1 year
Equity
3,7 M €
+0,5 %over 1 year

Identity

Source · BCE/KBO

Belteinka is a Public limited company incorporated in 1967. Its main activity is: Manufacture of paper and paper products. Its registered office is in Oudenaarde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.195.967
Incorporation
24/05/1967
Legal form
Public limited company
Registered office
Serpentsstraat 100
9700 Oudenaarde · FlandreSee on map
Contributed capital
87 405,90 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin172,1 k €186,5 k €178,7 k €208,3 k €139,2 k €
EBITDA125 k €141,8 k €133,9 k €167,4 k €99,2 k €
Operating result27,7 k €45,2 k €60,3 k €104,6 k €50,2 k €
Net result17,2 k €31,3 k €49,1 k €97,8 k €43,8 k €
Balance sheet
Equity3,7 M €3,7 M €3,6 M €3,6 M €3,5 M €
Total assets4,1 M €4,1 M €4,1 M €4,1 M €4 M €
Cash260,4 k €283,6 k €435,1 k €549,9 k €432,6 k €
Debts440,6 k €456,9 k €475 k €505,5 k €532,2 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 16 ended

Active mandates

Luc VERHENNE

Director · since 18 décembre 2023

Active

Ended mandates

HOLIVER

Director · since 08 juin 2019 · until 08 juin 2025 · 0435.898.501

Represented by Luc Verhenne

Ended
HOLIVER

Director · since 08 juin 2019 · until 08 juin 2025 · 0435.898.501

Represented by LUC VERHENNE

Ended
LUC VERHENNE

Managing director · since 08 juin 2019 · until 08 juin 2025

Ended
SALONS MANTOVANI

Director · since 08 juin 2019 · until 08 juin 2025 · 0420.637.827

Represented by Luc Verhenne

Ended

Other companies at this address

Serpentsstraat 100 9700 Oudenaarde
CompanyCBE no.
DIGITEX● Active
0898.898.802
HOLIVER● Active
0435.898.501
PETRUS● Active
0864.154.489

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202601/07/202501/07/202403/07/202328/06/202222/06/2021
General meeting13/06/202628/06/202529/06/202429/06/202325/06/202219/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/06/202622/06/2026DutchPDF
Micro model31/12/202428/06/202501/07/2025DutchPDF
Micro model31/12/202329/06/202401/07/2024DutchPDF
Micro model31/12/202229/06/202303/07/2023DutchPDF
Abridged model31/12/202125/06/202228/06/2022DutchPDF
Abridged model31/12/202019/06/202122/06/2021DutchPDF
Abridged model31/12/201913/06/202018/06/2020DutchPDF
Abridged model31/12/201808/06/201911/06/2019DutchPDF
Abridged model31/12/201723/06/201825/06/2018DutchPDF
Abridged model31/12/201627/06/201730/06/2017DutchPDF
Abridged model31/12/201516/06/201624/06/2016DutchPDF
Abridged model31/12/201427/06/201506/07/2015DutchPDF
Abridged model31/12/201321/06/201423/06/2014DutchPDF
Abridged model31/12/201222/06/201324/06/2013DutchPDF
Abridged model31/12/201120/06/201225/06/2012DutchPDF
Abridged model31/12/201030/06/201114/07/2011DutchPDF
Abridged model31/12/200905/06/201017/06/2010DutchPDF
Abridged model31/12/200829/06/200906/07/2009DutchPDF
Full model31/12/200728/06/200804/07/2008DutchPDF
Full model31/12/200629/06/200717/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 16 ended

Active mandates

Luc VERHENNE

Director · since 18 décembre 2023

Active

Ended mandates

HOLIVER

Director · since 08 juin 2019 · until 08 juin 2025 · 0435.898.501

Represented by Luc Verhenne

Ended
HOLIVER

Director · since 08 juin 2019 · until 08 juin 2025 · 0435.898.501

Represented by LUC VERHENNE

Ended
LUC VERHENNE

Managing director · since 08 juin 2019 · until 08 juin 2025

Ended
SALONS MANTOVANI

Director · since 08 juin 2019 · until 08 juin 2025 · 0420.637.827

Represented by Luc Verhenne

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/12/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates19/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/04/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202517,2 k €↓
  2. 2024
    Annual accounts 202431,3 k €↓
  3. 2023
    Annual accounts 202349,1 k €↓
  4. 2022
    Annual accounts 202297,8 k €↑
  5. 2021
    Annual accounts 202143,8 k €↓
  6. 2020
    Annual accounts 202076 k €↓
  7. 2019
    Annual accounts 201989,7 k €↑
  8. 2018
    Annual accounts 201866,7 k €↑
  9. 2017
    Annual accounts 2017-3,7 k €↓
  10. 2016
    Annual accounts 20163 k €↓
  11. 2015
    Annual accounts 201557,9 k €↑
  12. 2014
    Annual accounts 201430,4 k €↓
  13. 2013
    Annual accounts 201388 k €↑
  14. 2012
    Annual accounts 201216 k €↑
  15. 2011
    Annual accounts 2011-12 k €↑
  16. 2010
    Annual accounts 2010-79 k €↓
  17. 2009
    Annual accounts 2009-4,8 k €↑
  18. 2008
    Annual accounts 2008-127,1 k €↑
  19. 2007
    Annual accounts 2007-726,9 k €↓
  20. 2006
    Annual accounts 2006-80,8 k €
  21. 24/05/1967
    IncorporationPublic limited company