ACTIVE

DALEM

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Financial year 2025 · Closed on 31/12/2025

Net result25,9 k €+51,6 %over 1 year

Gross margin993,7 k €+36,3 %over 1 year

Equity241,6 k €+12,0 %over 1 year

Workforce17,5 ETP+30,6 %over 1 year

Identity

Source · BCE/KBO

DALEM is a Public limited company incorporated in 1968. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Eupen. It employs on average 17,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.389.652
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Industriestrasse 12
4700 Eupen · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 17,5 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 51180Passenger air transport 52250Support activities for transportation 52290Other transportation support activities 63404Information service activities

Joint committees (3)

100
14003
226

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	993,7 k €	+36.3%	729,2 k €	-15.5%	863 k €	+76.2%	489,8 k €	+19.3%	410,5 k €
EBITDA	70,5 k €	+58.7%	44,4 k €	-79.4%	215,6 k €	+204%	70,8 k €	-39.8%	117,6 k €
Operating result	46,2 k €	+10.5%	41,8 k €	-9.7%	46,3 k €	+343%	10,4 k €	-39.9%	17,4 k €
Net result	25,9 k €	+51.6%	17,1 k €	-40.0%	28,5 k €	+563%	4,3 k €	-61.2%	11,1 k €
Balance sheet
Equity	241,6 k €	+12.0%	215,7 k €	-5.0%	227,1 k €	+14.3%	198,7 k €	+2.2%	194,4 k €
Total assets	905,7 k €	-55.4%	2 M €	-55.5%	4,6 M €	+105%	2,2 M €	+47.9%	1,5 M €
Cash	–		–		–		–		0 €
Debts	664,1 k €	-61.9%	1,7 M €	-59.8%	4,3 M €	+113%	2 M €	+54.3%	1,3 M €
Other
Workforce	17,5 ETP	+30.6%	13,4 ETP	+11.7%	12,0 ETP	+55.8%	7,7 ETP	+18.5%	6,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Andy BRAUN	Administrator - manager06/08/2018 → 27/12/2029Managing director06/08/2018 → 2020 accountsended
ROXANE BAUMGARTEN	Director06/08/2018 → 27/12/2029Managing director06/08/2018 → 2020 accountsendedAdministrator - manager06/08/2018 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Georges HEYERES	Chairman of the board of directors24/05/2016 → 2017 accounts
MARIE-JOSEE HEYERES	Director24/05/2016 → 2018 accounts

Other companies at this address

Industriestrasse 12 4700 Eupen

Company	CBE no.
EAST BELGIAN WAREHOUSING● Active	0741.778.202
ULEX● Active	0471.905.592
ULEX HOLDING● Active	0699.948.238

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	02/07/2026	31/07/2025	30/07/2024	07/08/2023	15/09/2022	24/08/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	29/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	02/07/2026	German	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	German	PDF
Abridged model	31/12/2023	28/06/2024	30/07/2024	German	PDF
Abridged model	31/12/2022	30/06/2023	07/08/2023	German	PDF
Abridged model	31/12/2021	30/06/2022	15/09/2022	German	PDF
Abridged model	31/12/2020	29/06/2021	24/08/2021	German	PDF
Abridged model	31/12/2019	26/05/2020	30/06/2020	German	PDF
Abridged model	31/12/2018	25/06/2019	16/09/2019	German	PDF
Abridged model	31/12/2017	22/03/2018	16/08/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	24/05/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	16/06/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	22/07/2013	French	PDF
Abridged model	31/12/2011	22/05/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	24/05/2011	28/06/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	14/07/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	06/07/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	09/06/2008	French	PDF
Abridged model	31/12/2006	22/05/2007	06/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Andy BRAUN	Administrator - manager06/08/2018 → 27/12/2029Managing director06/08/2018 → 2020 accountsended
ROXANE BAUMGARTEN	Director06/08/2018 → 27/12/2029Managing director06/08/2018 → 2020 accountsendedAdministrator - manager06/08/2018 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Georges HEYERES	Chairman of the board of directors24/05/2016 → 2017 accounts
MARIE-JOSEE HEYERES	Director24/05/2016 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office25/11/2019
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates27/08/2018
OBJET - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/06/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates21/08/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates28/10/2004
DEMISSIONS, NOMINATIONS
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

Andy BRAUN

ROXANE BAUMGARTEN

VALERIE HEYERES

MARIE-JOSEE HEYERES

GEORGES HEYERES

Marie-Josée FRANCK

JOSEE FRANCK

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

DALEM

Industriestrasse 12, 4700 Eupen

Administrator - managerManaging director

DirectorManaging directorAdministrator - manager

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industriestrasse 12, 4700 EupenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00241419

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DALEMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00241419

Events

2025
Annual accounts 202525,9 k €↑
2024
Annual accounts 202417,1 k €↓
2023
Annual accounts 202328,5 k €↑
2022
Annual accounts 20224,3 k €↓
2021
Annual accounts 202111,1 k €↑
2020
Annual accounts 2020-41 k €↓
2019
Annual accounts 201956,5 k €↑
2018
Annual accounts 201835 k €↑
2017
Annual accounts 201725,5 k €↑
2016
Annual accounts 201612,6 k €↓
2015
Annual accounts 201518,6 k €↓
2014
Annual accounts 201436,1 k €↑
2013
Annual accounts 201328,2 k €↑
2012
Annual accounts 201214,3 k €↑
2011
Annual accounts 20117,4 k €↑
2010
Annual accounts 20104,2 k €↑
2009
Annual accounts 20091,4 k €↓
2008
Annual accounts 200814,5 k €↑
2007
Annual accounts 20075 k €↑
2006
Annual accounts 20061,1 k €
01/01/1968
IncorporationPublic limited company

DALEM

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