ACTIVE

Belmagri

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Financial year 2025 · Closed on 31/12/2025

Net result3,5 M €+137,2 %over 1 year

Revenue13 M €+51,4 %over 1 year

Equity30,7 M €+142,2 %over 1 year

Workforce12,6 ETP+55,6 %over 1 year

Identity

Source · BCE/KBO

Belmagri is a Public limited company incorporated in 1968. Its main activity is: Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate. Its registered office is in Kinrooi. It employs on average 12,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0401.280.882
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Geistingen (Oph) 102 box A
3640 Kinrooi · FlandreSee on map
Contributed capital: 3 832 000,00 €
Latest accounts: 31/12/2025
Average workforce: 12,6 ETP

Activities (NACE)

08111Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate· main 08111Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate 08122Operation of gravel and sand pits; mining of clays and kaolin 08122Operation of gravel and sand pits; mining of clays and kaolin 14110Manufacture of leather clothes 14211Manufacture of articles of fur

Joint committees (3)

102
10206
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	13 M €	+51.4%	8,6 M €	-1.7%	8,7 M €	+9.9%	7,9 M €	-1.4%	8 M €
EBITDA	3,2 M €	+311%	772,3 k €	+5.3%	733,5 k €	-57.4%	1,7 M €	+56.7%	1,1 M €
Operating result	2,6 M €	+1069%	225 k €	-31.7%	329,5 k €	-73.8%	1,3 M €	+48.3%	848,7 k €
Net result	3,5 M €	+137%	1,5 M €	-26.4%	2 M €	-28.7%	2,8 M €	+45.1%	1,9 M €
Balance sheet
Equity	30,7 M €	+142%	12,7 M €	+13.0%	11,2 M €	+21.5%	9,2 M €	+43.1%	6,4 M €
Total assets	34 M €	+40.4%	24,2 M €	+11.3%	21,7 M €	+22.6%	17,7 M €	+2.1%	17,4 M €
Cash	51,7 k €	-80.1%	259,6 k €	-66.9%	785 k €	+302%	195,3 k €	-63.2%	530,2 k €
Debts	3,2 M €	-72.3%	11,5 M €	+9.6%	10,5 M €	+23.9%	8,5 M €	-22.2%	10,9 M €
Other
Workforce	12,6 ETP	+55.6%	8,1 ETP	-6.9%	8,7 ETP	-17.1%	10,5 ETP	-13.2%	12,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NIBA, vennootschap naar Nederlands recht NVRepresented by Gerrit Pomstra	Director01/10/2017 → 13/04/2029
Roel VRIENS	Director16/06/2020 → 13/04/2029
VEDA0682.464.086Represented by David Musiek	Director05/01/2018 → 13/04/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NIBA PARTICIPATIES B.V.Represented by Michaël Dankers	Director20/05/2015 → 2018 accountsManaging director20/05/2015 → 2016 accounts
NIBA PARTICIPATIES, vennootschap naar Nederlands recht B.V.Represented by Michaël Dankers voor Niba NV, vennootschap naar Nederlands recht	Director01/10/2017 → 2019 accounts

Other companies at this address

Geistingen (Oph) 102 3640 Kinrooi

Company	CBE no.
BELMAGRI HOLDING● Active	0439.231.539
EUROGRI● Active	0421.317.718
HEIDEGRIND● Active	1013.345.142

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/06/2026	17/06/2025	19/06/2024	21/06/2023	20/06/2022	03/08/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	15/06/2023	16/06/2022	16/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	19/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	15/06/2024	19/06/2024	Dutch	PDF
Full model	31/12/2022	15/06/2023	21/06/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	20/06/2022	Dutch	PDF
Full modelCorrection	31/12/2020	16/06/2021	03/08/2021	Dutch	PDF
Full model	31/12/2020	16/06/2021	08/07/2021	Dutch	PDF
Full model	31/12/2019	16/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	21/06/2019	Dutch	PDF
Full model	31/12/2017	16/06/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	16/06/2016	17/06/2016	Dutch	PDF
Full model	31/12/2014	25/06/2015	26/06/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	20/06/2014	Dutch	PDF
Full model	31/12/2012	24/06/2013	26/06/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	25/07/2011	Dutch	PDF
Full model	31/12/2009	16/06/2010	28/06/2010	Dutch	PDF
Full model	31/12/2008	16/06/2009	24/06/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	24/06/2008	Dutch	PDF
Full model	31/12/2006	16/06/2007	18/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NIBA, vennootschap naar Nederlands recht NVRepresented by Gerrit Pomstra	Director01/10/2017 → 13/04/2029
Roel VRIENS	Director16/06/2020 → 13/04/2029
VEDA0682.464.086Represented by David Musiek	Director05/01/2018 → 13/04/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NIBA PARTICIPATIES B.V.Represented by Michaël Dankers	Director20/05/2015 → 2018 accountsManaging director20/05/2015 → 2016 accounts
NIBA PARTICIPATIES, vennootschap naar Nederlands recht B.V.Represented by Michaël Dankers voor Niba NV, vennootschap naar Nederlands recht	Director01/10/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares22/08/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates25/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring28/02/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring31/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares22/10/2024
KAPITAAL - AANDELEN
PDF
Mandates15/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

NIBA, vennootschap naar Nederlands recht NV

VEDA

Roel VRIENS

NIBA PARTICIPATIES B.V.

NIBA PARTICIPATIES, vennootschap naar Nederlands recht B.V.

SDH Holding

SDH Holding B.V.

LS-ADVIES

D.H.B.

BELMAGRI HOLDING

A.J. SCHAAP

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

Belmagri

Geistingen (Oph) 102 bte A, 3640 Kinrooi

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Geistingen (Oph) 102 bte A, 3640 KinrooiCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00182266

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BelmagriCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00182266

Events

2025
Annual accounts 20253,5 M €↑
2024
Annual accounts 20241,5 M €↓
2023
Annual accounts 20232 M €↓
2022
Annual accounts 20222,8 M €↑
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 20201,7 M €↑
2019
Annual accounts 2019840,4 k €↑
2018
Annual accounts 2018410,8 k €↓
2017
Annual accounts 20171,8 M €↑
2016
Annual accounts 2016-1,6 M €↑
2015
Annual accounts 2015-5,8 M €↓
2014
Annual accounts 2014219,9 k €↑
2013
Annual accounts 201364,6 k €↑
2012
Annual accounts 2012-144,1 k €↓
2011
Annual accounts 2011205,6 k €↑
2010
Annual accounts 2010-466,3 k €↓
2009
Annual accounts 20091,5 M €↑
2008
Annual accounts 2008-1,3 M €↓
2007
Annual accounts 20071,1 M €↑
2006
Annual accounts 2006978 k €
01/01/1968
IncorporationPublic limited company

Belmagri

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events