ACTIVE

BELOS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

89 k €

-60.5% YoY

Equity

7,1 M €

+0.0% YoY

What does BELOS do?

BELOS is a Public limited company incorporated in 1929. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.238.214

Incorporation

04/10/1929

Legal form

Public limited company

Registered office

Kalkhoevestraat 16 box 0.1
8790 Waregem · FlandreSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	–		572,1 k €	-13.2%	658,8 k €	-18.3%	806,4 k €	-22.5%	1 M €	+14.0%	912,8 k €	-20.3%	1,1 M €	-7.6%	1,2 M €	-53.9%	2,7 M €	+3.0%	2,6 M €	-79.1%	12,5 M €	+5.0%	11,9 M €	-8.3%	13 M €	+1.9%	12,7 M €	-3.9%	13,2 M €	+13.2%	11,7 M €	+3.8%	11,3 M €		–		–
EBITDA	-45,2 k €	+7.3%	-48,8 k €	+6.5%	-52,1 k €	+24.1%	-68,7 k €	-176%	-24,9 k €	+12.9%	-28,6 k €	-108%	339,5 k €	+555%	-74,6 k €	-118%	425,3 k €	+283%	-232,6 k €	-103%	8,3 M €	+13.5%	7,3 M €	-20.9%	9,3 M €	+2.0%	9,1 M €	-7.8%	9,8 M €	+16.5%	8,5 M €	+19.2%	7,1 M €	+1.3%	7 M €	-56.3%	16 M €
Operating result	-45,2 k €	+7.3%	-48,8 k €	+6.5%	-52,1 k €	+24.1%	-68,7 k €	-176%	-24,9 k €	+12.9%	-28,6 k €	-108%	339,5 k €	+555%	-74,6 k €	-118%	425,3 k €	+283%	-232,6 k €	-103%	8,3 M €	+13.5%	7,3 M €	-20.9%	9,3 M €	+2.0%	9,1 M €	-7.8%	9,8 M €	+16.5%	8,5 M €	+19.2%	7,1 M €	+1.3%	7 M €	-56.3%	16 M €
Net result	89 k €	-60.5%	225,2 k €	-76.2%	944,9 k €	-97.3%	35,1 M €	+40404%	-87 k €	+53.4%	-186,7 k €	-173%	254,3 k €	+293%	-131,9 k €	-139%	335,8 k €	+181%	-414,4 k €	-108%	5,2 M €	-12.3%	6 M €	-28.3%	8,3 M €	+11.3%	7,5 M €	-1.7%	7,6 M €	+66.2%	4,6 M €	-8.6%	5 M €	+114%	-35,7 M €	-77.6%	-20,1 M €
Balance sheet
Equity	7,1 M €	+0.0%	7,1 M €	+0.0%	7,1 M €	-16.5%	8,5 M €	-82.7%	49,5 M €	-0.2%	49,6 M €	-0.4%	49,8 M €	+0.5%	49,5 M €	-0.3%	49,6 M €	+0.7%	49,3 M €	-0.8%	49,7 M €	+11.8%	44,5 M €	+15.5%	38,5 M €	+27.6%	30,2 M €	+33.0%	22,7 M €	+50.4%	15,1 M €	+43.5%	10,5 M €	+90.9%	5,5 M €	-86.6%	41,2 M €
Total assets	7,4 M €	-2.7%	7,6 M €	-23.8%	10 M €	-88.3%	85,3 M €	+16.7%	73,2 M €	-0.3%	73,4 M €	+0.3%	73,1 M €	-0.0%	73,1 M €	-0.9%	73,8 M €	-0.2%	73,9 M €	-4.8%	77,6 M €	+1.8%	76,2 M €	-5.0%	80,2 M €	+3.0%	77,9 M €	+1.7%	76,6 M €	-0.6%	77,1 M €	-7.3%	83,2 M €	+1.8%	81,7 M €	-32.1%	120,4 M €
Cash	378,4 k €	-62.0%	995,5 k €	+14.5%	869,8 k €	-60.3%	2,2 M €		–		–		154,8 €		–		–		–		–		–		–		–		–		–		879,6 €		–		–
Debts	282,9 k €	-41.7%	485,5 k €	-83.0%	2,9 M €	-96.3%	76,8 M €	+225%	23,7 M €	-0.5%	23,8 M €	+1.9%	23,3 M €	-1.2%	23,6 M €	-2.1%	24,1 M €	-1.9%	24,6 M €	-11.7%	27,9 M €	-12.0%	31,7 M €	-23.4%	41,4 M €	-13.1%	47,6 M €	-11.3%	53,7 M €	-13.0%	61,8 M €	-14.8%	72,5 M €	-4.5%	75,9 M €	-3.1%	78,3 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 31 ended

Active mandates

IDEAL GROUP

Director · since 27 mai 2025 · until 26 mai 2031 · 0463.737.796

Represented by Caroline De Clerck

Active

BEAULIEU INTERNATIONAL GROUP

Director · since 30 mai 2023 · until 29 mai 2029 · 0442.824.497

Represented by Francis De Clerck

Active

Ended mandates

Lambrecht JFF

Director · since 30 mai 2023 · until 29 mai 2029 · 0821.948.997

Represented by Johan Lambrecht

Ended

SP-J Consult

Director · since 30 mai 2023 · until 29 mai 2029 · 0525.648.245

Represented by Pieter-Jan Sonck

Ended

BELGOTEX INTERNATIONAL

Director · since 01 août 2020 · until 25 mai 2026 · 0447.505.441

Represented by Stefaan Colle

Ended

BELGOTEX INTERNATIONAL

Director · since 01 août 2020 · until 31 juillet 2026 · 0447.505.441

Represented by Stefaan Colle

Ended

At this address

Other companies at this address

Company	CBE no.
BEAULIEU FABRICS● Active	0413.609.681
BEAULIEU ICT● Active	0469.588.678
BEAULIEU INTERNATIONAL GROUP● Active	0442.824.497
Beaulieu International P2● Active	1011.679.514
Beaulieu Real Estate● Active	0415.327.571
Beaulieu Residential● Active	1011.123.941
BERCOLEASE● Active	0451.706.927
BURCHTDAM● Active	0418.377.232
GOED TER LEMBEEK● Active	0446.088.152
INTERDEKO● Active	0416.043.094
Magnifield Europe● Active	0421.439.363
OOSTIMMO● Active	0415.479.704
Schneider Electric ESS● Active	0883.044.151
UNIT BEAULIEU● Active	0716.745.371

Annual accounts

Full financial information

	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	12/06/2026	30/05/2025	06/06/2024	08/06/2023	02/06/2022	08/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	12/06/2026	Dutch	PDF
Full model	31/12/2024	26/05/2025	30/05/2025	Dutch	PDF
Full model	31/12/2023	27/05/2024	06/06/2024	Dutch	PDF
Full model	31/12/2022	30/05/2023	08/06/2023	Dutch	PDF
Full model	31/12/2021	30/05/2022	02/06/2022	Dutch	PDF
Full model	31/12/2020	31/05/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	25/05/2020	05/06/2020	Dutch	PDF
Full model	31/12/2018	27/05/2019	07/06/2019	Dutch	PDF
Full model	31/12/2017	28/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	29/05/2017	13/06/2017	Dutch	PDF
Full model	31/12/2015	30/05/2016	10/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	08/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	26/06/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	04/07/2011	Dutch	PDF
Full model	31/12/2009	31/05/2010	21/06/2010	Dutch	PDF
Full model	31/12/2008	25/05/2009	15/06/2009	Dutch	PDF
Full model	31/12/2007	26/05/2008	25/06/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 31 ended

Active mandates

IDEAL GROUP

Director · since 27 mai 2025 · until 26 mai 2031 · 0463.737.796

Represented by Caroline De Clerck

Active

BEAULIEU INTERNATIONAL GROUP

Director · since 30 mai 2023 · until 29 mai 2029 · 0442.824.497

Represented by Francis De Clerck

Active

Ended mandates

Lambrecht JFF

Director · since 30 mai 2023 · until 29 mai 2029 · 0821.948.997

Represented by Johan Lambrecht

Ended

SP-J Consult

Director · since 30 mai 2023 · until 29 mai 2029 · 0525.648.245

Represented by Pieter-Jan Sonck

Ended

BELGOTEX INTERNATIONAL

Director · since 01 août 2020 · until 25 mai 2026 · 0447.505.441

Represented by Stefaan Colle

Ended

BELGOTEX INTERNATIONAL

Director · since 01 août 2020 · until 31 juillet 2026 · 0447.505.441

Represented by Stefaan Colle

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other03/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL
PDF
Mandates30/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other18/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Other25/03/2021
DIVERSEN
PDF
Mandates02/09/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202589 k €↓
27/05/2025
nominationIdeal Group NV — bestuurder
2024
Annual accounts 2024225,2 k €↓
2024
Name changeBelos nv
2023
Annual accounts 2023944,9 k €↓
30/05/2023
reconductionBeaulieu International Group NV — bestuurder
30/05/2023
reconductionLambrecht JFF CommV — bestuurder
30/05/2023
nominationSP-J CONSULT BV — bestuurder
30/05/2023
nominationKPMG Bedrijfsrevisoren BV — commissaris
2022
Annual accounts 202235,1 M €↑
2021
Annual accounts 2021-87 k €↑
2020
Annual accounts 2020-186,7 k €↓
2019
Annual accounts 2019254,3 k €↑
2018
Annual accounts 2018-131,9 k €↓
2017
Annual accounts 2017335,8 k €↑
2016
Annual accounts 2016-414,4 k €↓
2015
Annual accounts 20155,2 M €↓
2014
Annual accounts 20146 M €↓
2013
Annual accounts 20138,3 M €↑
2012
Annual accounts 20127,5 M €↓
2011
Annual accounts 20117,6 M €↑
2010
Annual accounts 20104,6 M €↓
2009
Annual accounts 20095 M €↑
2008
Annual accounts 2008-35,7 M €↓
2007
Annual accounts 2007-20,1 M €
2007
Name changeBerry Finance nv
04/10/1929
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BELOS

Overview

What does BELOS do?

Trend over 19 financial years

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