ACTIVE

Belex-Cargo S.A.

Financial year 2024 · Closed on 31/12/2024

Net result
-8,4 k €
-206,1 %over 1 year
Gross margin
374,4 k €
-13,1 %over 1 year
Equity
686,7 k €
-1,2 %over 1 year
Workforce
5,9 ETP
-18,1 %over 1 year

Identity

Source · BCE/KBO

Belex-Cargo S.A. is a Public limited company incorporated in 1962. Its registered office is in Bruxelles. It employs on average 5,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.855.459
Incorporation
29/10/1962
Legal form
Public limited company
Registered office
Chaussée de Haecht 1313
1130 Bruxelles · BruxellesSee on map
Contributed capital
558 000,00 €
Latest accounts
31/12/2024
Average workforce
5,9 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Contacts
3 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin374,4 k €431 k €432,9 k €339,2 k €399,7 k €
EBITDA46,2 k €25 k €10,7 k €-70 k €82,4 k €
Operating result1,5 k €22,8 k €8,2 k €-72,7 k €73,4 k €
Net result-8,4 k €7,9 k €20,8 k €-63,6 k €45,3 k €
Balance sheet
Equity686,7 k €695,1 k €687,2 k €666,4 k €729,9 k €
Total assets1,3 M €1,4 M €1,3 M €1,3 M €1,3 M €
Cash370,9 k €55 k €265,7 k €275,7 k €313,6 k €
Debts650,9 k €713,9 k €643 k €606,5 k €594,9 k €
Other
Workforce5,9 ETP7,2 ETP7,5 ETP7,5 ETP7,6 ETP

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 31/12/2024

3 active · 27 ended

Active mandates

Belex Air Freight

Mandate · 0401.846.254

Active
MICHEL KEGELEIRS

Mandate

Active
MYDES Management

Mandate · 0769.755.673

Active

Ended mandates

MYDES Management

Director · since 01 septembre 2021 · until 31 décembre 2024 · 0769.755.673

Ended
Belex Air Freight

Director · since 01 janvier 2021 · until 31 décembre 2024 · 0401.846.254

Ended
MIichel KEGELEIRS

Managing director · since 01 janvier 2021 · until 31 décembre 2024

Ended
Michel KEGELEIRS

Managing director · since 29 mai 2015

Ended

Other companies at this address

Chaussée de Haecht 1313 1130 Bruxelles
CompanyCBE no.
0401.846.254
SOMIKA● Active
1031.875.013

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/10/202508/11/202424/05/202413/12/202313/09/202122/04/2021
General meeting22/09/202503/10/202431/08/202331/08/202231/08/202131/07/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202422/09/202506/10/2025FrenchPDF
Abridged model31/12/202303/10/202408/11/2024FrenchPDF
Abridged model31/12/202231/08/202324/05/2024FrenchPDF
Abridged model31/12/202131/08/202213/12/2023FrenchPDF
Abridged model31/12/202031/08/202113/09/2021FrenchPDF
Abridged model31/12/201931/07/202022/04/2021FrenchPDF
Abridged model31/12/201831/05/201917/10/2019FrenchPDF
Abridged model31/12/201725/05/201821/06/2018FrenchPDF
Abridged model31/12/201626/05/201730/06/2017FrenchPDF
Abridged model31/12/201526/05/201621/06/2016FrenchPDF
Abridged model31/12/201429/05/201525/06/2015FrenchPDF
Abridged model31/12/201330/05/201426/06/2014FrenchPDF
Abridged model31/12/201230/05/201326/06/2013FrenchPDF
Abridged model31/12/201131/05/201222/06/2012FrenchPDF
Abridged model31/12/201026/05/201127/06/2011FrenchPDF
Abridged model31/12/200927/05/201017/06/2010FrenchPDF
Abridged model31/12/200828/05/200926/06/2009FrenchPDF
Abridged model31/12/200729/05/200827/06/2008DutchPDF
Abridged model31/12/200631/05/200713/07/2007FrenchPDF

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 31/12/2024

3 active · 27 ended

Active mandates

Belex Air Freight

Mandate · 0401.846.254

Active
MICHEL KEGELEIRS

Mandate

Active
MYDES Management

Mandate · 0769.755.673

Active

Ended mandates

MYDES Management

Director · since 01 septembre 2021 · until 31 décembre 2024 · 0769.755.673

Ended
Belex Air Freight

Director · since 01 janvier 2021 · until 31 décembre 2024 · 0401.846.254

Ended
MIichel KEGELEIRS

Managing director · since 01 janvier 2021 · until 31 décembre 2024

Ended
Michel KEGELEIRS

Managing director · since 29 mai 2015

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/07/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2003
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-8,4 k €↓
  2. 2023
    Annual accounts 20237,9 k €↓
  3. 2022
    Annual accounts 202220,8 k €↑
  4. 2021
    Annual accounts 2021-63,6 k €↓
  5. 2020
    Annual accounts 202045,3 k €↓
  6. 2019
    Annual accounts 201950,2 k €↑
  7. 2018
    Annual accounts 201836,6 k €↑
  8. 2017
    Annual accounts 201715,5 k €↓
  9. 2016
    Annual accounts 201642,2 k €↑
  10. 2015
    Annual accounts 2015-9,6 k €↑
  11. 2014
    Annual accounts 2014-57,8 k €↓
  12. 2013
    Annual accounts 201345 k €↓
  13. 2012
    Annual accounts 2012108,2 k €↑
  14. 2011
    Annual accounts 201153,9 k €↑
  15. 2010
    Annual accounts 2010-1 k €↑
  16. 2009
    Annual accounts 2009-52,3 k €↓
  17. 2008
    Annual accounts 2008-13 k €↓
  18. 2007
    Annual accounts 20076,1 k €↑
  19. 2006
    Annual accounts 2006-23 k €
  20. 29/10/1962
    IncorporationPublic limited company