ACTIVE

Maison Besem

Financial year 2025 · Closed on 31/12/2025

Net result28,5 k €-58,0 %over 1 year

Gross margin403,9 k €-24,4 %over 1 year

Equity2,3 M €+1,3 %over 1 year

Identity

Source · BCE/KBO

Maison Besem is a Private limited company incorporated in 1968. Its main activity is: Manufacture of explosives. Its registered office is in Herstal.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0404.398.146
Incorporation: 01/01/1968
Legal form: Private limited company
Registered office: Place de la Licourt 23
4040 Herstal · WallonieSee on map
Contributed capital: 35 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

20510Manufacture of explosives· main 93031Sports activities and amusement and recreation activities 96031Funeral and related activities 96301Other personal service activities 16281Manufacture of products of wood, cork, straw and plaiting materials 16291Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials+4

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	403,9 k €	-24.4%	534,2 k €	+4.9%	509,1 k €	-14.4%	594,5 k €	+6.2%	559,6 k €
EBITDA	159,4 k €	-38.2%	258,2 k €	+1.4%	254,7 k €	-27.8%	352,5 k €	+10.9%	318 k €
Operating result	-6,4 k €	-107%	93 k €	+1.6%	91,5 k €	-57.5%	215,5 k €	+23.4%	174,5 k €
Net result	28,5 k €	-58.0%	67,7 k €	-23.5%	88,5 k €	-51.2%	181,4 k €	+29.8%	139,8 k €
Balance sheet
Equity	2,3 M €	+1.3%	2,2 M €	+3.1%	2,2 M €	+0.8%	2,2 M €	+5.3%	2,1 M €
Total assets	3,3 M €	+3.0%	3,2 M €	+2.4%	3,1 M €	+2.8%	3 M €	+7.8%	2,8 M €
Cash	511,7 k €	+10.1%	464,8 k €	-55.2%	1 M €	+13.0%	919 k €	+10.2%	833,7 k €
Debts	320,6 k €	-4.2%	334,6 k €	-11.5%	378 k €	+12.2%	337 k €	+34.9%	249,9 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

AUDREY BESEM

Director

Active

CHRISTEL BESEM

Director

Active

RAPHAEL IANIERI

Director

Active

Ended mandates

AUDREY BESEM

Manager

Ended

CHRISTEL BESEM

Manager

Ended

HENRI BESEM

Manager

Ended

RAPHAEL IANIERI

Manager

Ended

Other companies at this address

Place de la Licourt 23 4040 Herstal

Company	CBE no.
AMW● Active	0460.917.373
GROUPE BESEM● Active	0419.129.575

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	31/08/2026	28/09/2025	02/07/2024	19/09/2023	05/09/2022	16/08/2021
General meeting	22/05/2026	22/05/2025	22/05/2024	22/05/2023	22/05/2022	22/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	22/05/2025	28/09/2025	French	PDF
Abridged model	31/12/2023	22/05/2024	02/07/2024	French	PDF
Abridged model	31/12/2022	22/05/2023	19/09/2023	French	PDF
Abridged model	31/12/2021	22/05/2022	05/09/2022	French	PDF
Micro model	31/12/2020	22/05/2021	16/08/2021	French	PDF
Micro model	31/12/2019	22/05/2020	19/11/2020	French	PDF
Abridged model	31/12/2018	22/05/2019	19/06/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	19/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	23/08/2017	French	PDF
Abridged model	31/12/2014	22/05/2015	31/08/2015	French	PDF
Abridged model	31/12/2012	22/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	20/05/2012	30/09/2012	French	PDF
Abridged model	31/12/2010	21/05/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	20/05/2010	23/07/2010	French	PDF
Abridged model	31/12/2008	20/05/2009	27/07/2009	French	PDF
Abridged model	31/12/2007	21/05/2008	13/08/2008	French	PDF
Abridged model	31/12/2006	16/05/2007	23/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 ended

Active mandates

AUDREY BESEM

Director

Active

CHRISTEL BESEM

Director

Active

RAPHAEL IANIERI

Director

Active

Ended mandates

AUDREY BESEM

Manager

Ended

CHRISTEL BESEM

Manager

Ended

HENRI BESEM

Manager

Ended

RAPHAEL IANIERI

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/06/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates13/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/01/2014
CAPITAL, ACTIONS
PDF
Restructuring09/01/2007
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Restructuring10/07/2006
DIVERS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202528,5 k €↓
2024
Annual accounts 202467,7 k €↓
2023
Annual accounts 202388,5 k €↓
2022
Annual accounts 2022181,4 k €↑
2021
Annual accounts 2021139,8 k €↓
2020
Annual accounts 2020431,9 k €↑
2019
Annual accounts 2019201,5 k €↓
2018
Annual accounts 2018227,2 k €↑
2017
Annual accounts 2017127,1 k €↓
2016
Annual accounts 2016212,6 k €↑
2014
Annual accounts 201434,8 k €↑
2012
Annual accounts 20128,4 k €↓
2011
Annual accounts 2011140,5 k €↑
2010
Annual accounts 2010125,1 k €↓
2009
Annual accounts 2009152,4 k €↑
2008
Annual accounts 2008135 k €
01/01/1968
IncorporationPrivate limited company

Maison Besem

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