ACTIVE

Firma Beel

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Financial year 2025 · closed on 31/12/2025

Net result

337 k €

-60.7% YoY

Revenue

79,9 M €

+0.4% YoY

Equity

11,4 M €

+3.0% YoY

Workforce

65,7 ETP

+0.5% YoY

What does Firma Beel do?

Firma Beel is a Public limited company incorporated in 1971. Its main activity is: Sale of other motor vehicles. Its registered office is in Wortegem-Petegem. It employs on average 65,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0411.897.038

Incorporation

01/01/1971

Legal form

Public limited company

Registered office

Waregemseweg (W.) 75
9790 Wortegem-Petegem · FlandreSee on map

Contributed capital

623 946,76 €

Latest accounts

31/12/2025

Average workforce

65,7 ETP

Activities (NACE)

45193Sale of other motor vehicles· main 46610Wholesale of agricultural machinery, equipment and supplies 46610Wholesale of agricultural machinery, equipment and supplies 47812Retail sale via stalls and markets of food, beverages and tobacco products 33120Repair of machinery 33120Repair of machinery+13

Joint committees (4)

149
14904
200
218

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Revenue	79,9 M €	+0.4%	79,6 M €	+8.0%	73,7 M €	-3.8%	76,5 M €	-0.4%	76,8 M €	+21.0%	63,5 M €	-4.5%	66,5 M €	-3.0%	68,5 M €	+19.8%	57,2 M €	+10.4%	51,8 M €	+16.4%	44,5 M €	+13.4%	39,2 M €	+5.2%	37,3 M €	+8.0%	34,5 M €	+39.7%	24,7 M €	+24.8%	19,8 M €	-15.0%	23,3 M €	+1.3%	23 M €	+44.6%	15,9 M €
EBITDA	2,5 M €	-23.5%	3,3 M €	+19.3%	2,8 M €	+18.5%	2,3 M €	+30.7%	1,8 M €	+2.6%	1,7 M €	-28.0%	2,4 M €	+12.9%	2,1 M €	+16.8%	1,8 M €	-5.5%	1,9 M €	+11.7%	1,7 M €	-3.6%	1,8 M €	+12.1%	1,6 M €	+0.8%	1,6 M €	+39.5%	1,1 M €	+36.5%	838,1 k €	+2.1%	820,6 k €	-42.9%	1,4 M €	+56.4%	919 k €
Operating result	1,2 M €	-40.3%	2 M €	+25.4%	1,6 M €	+44.5%	1,1 M €	+58.9%	709,5 k €	+58.9%	446,4 k €	-51.2%	915,4 k €	+32.2%	692,2 k €	+29.4%	534,9 k €	-28.7%	750,5 k €	+25.7%	596,9 k €	+11.2%	536,8 k €	-34.5%	820 k €	-6.6%	877,7 k €	+58.9%	552,5 k €	+52.1%	363,2 k €	+6.6%	340,8 k €	-52.3%	714,1 k €	+10.6%	645,5 k €
Net result	337 k €	-60.7%	858,1 k €	+28.3%	668,7 k €	+10.9%	602,9 k €	+67.9%	359,2 k €	+376%	75,4 k €	-81.4%	404,3 k €	+82.3%	221,7 k €	+88.5%	117,7 k €	-65.4%	339,6 k €	-4.7%	356,2 k €	-16.0%	423,9 k €	-27.0%	580,4 k €	-7.6%	628,1 k €	+45.8%	430,8 k €	+34.8%	319,7 k €	+32.1%	242 k €	-30.9%	350,3 k €	-8.3%	382 k €
Balance sheet
Equity	11,4 M €	+3.0%	11,1 M €	+8.4%	10,2 M €	+7.0%	9,6 M €	+6.7%	9 M €	+4.2%	8,6 M €	+0.9%	8,5 M €	+5.0%	8,1 M €	+2.8%	7,9 M €	+1.5%	7,8 M €	+4.6%	7,4 M €	+5.0%	7,1 M €	+3.6%	6,8 M €	+1.9%	6,7 M €	+2.7%	6,5 M €	+31.5%	5 M €	+6.9%	4,6 M €	+5.5%	4,4 M €	+4.8%	4,2 M €
Total assets	46,3 M €	+1.8%	45,5 M €	-1.7%	46,3 M €	+0.1%	46,2 M €	+15.5%	40 M €	-2.8%	41,2 M €	-8.9%	45,2 M €	+10.6%	40,9 M €	+6.0%	38,6 M €	+18.1%	32,7 M €	+23.6%	26,4 M €	+21.7%	21,7 M €	-0.7%	21,9 M €	+3.6%	21,1 M €	+15.6%	18,3 M €	+48.0%	12,3 M €	-6.6%	13,2 M €	-8.0%	14,4 M €	+22.4%	11,8 M €
Cash	3,8 M €	+95.3%	1,9 M €	-2.0%	2 M €	-29.8%	2,8 M €	+34.9%	2,1 M €	+69.5%	1,2 M €	-59.0%	3 M €	+59.9%	1,9 M €	+47.8%	1,3 M €	+31.3%	959,8 k €	-32.9%	1,4 M €	+85.7%	769,8 k €	+88.6%	408,3 k €	+142%	168,8 k €	-81.1%	895 k €	+51.5%	590,9 k €	+187%	205,9 k €	-38.0%	332,3 k €	-1.6%	337,6 k €
Debts	34,9 M €	+1.4%	34,4 M €	-4.6%	36 M €	-1.8%	36,7 M €	+18.1%	31,1 M €	-4.6%	32,6 M €	-11.2%	36,7 M €	+12.0%	32,7 M €	+6.7%	30,7 M €	+23.3%	24,9 M €	+31.1%	19 M €	+29.8%	14,6 M €	-2.6%	15 M €	+5.2%	14,3 M €	+21.6%	11,7 M €	+61.2%	7,3 M €	-14.3%	8,5 M €	-14.3%	9,9 M €	+32.6%	7,5 M €
Other
Workforce	65,7 ETP	+0.5%	65,4 ETP	-4.0%	68,1 ETP	-1.6%	69,2 ETP	-8.1%	75,3 ETP	-5.8%	79,9 ETP	+4.3%	76,6 ETP	+5.2%	72,8 ETP	+6.0%	68,7 ETP	+25.6%	54,7 ETP	+12.8%	48,5 ETP	+15.8%	41,9 ETP	-5.2%	44,2 ETP	0.0%	44,2 ETP	+10.2%	40,1 ETP	-0.7%	40,4 ETP	+3.1%	39,2 ETP	+11.7%	35,1 ETP	+16.6%	30,1 ETP

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 · 12 ended

Active mandates

Isabelle Callens

Director · since 31 mai 2025 · until 31 mai 2031

Active

Karel BEEL

Managing director · since 30 mai 2020 · until 30 mai 2026

Active

Ended mandates

ISABELLE CALLENS

Director · since 28 juin 2019 · until 31 mai 2025

Ended

Isabelle CALLENS

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Karel Beel

Managing director · since 21 juin 2014 · until 30 mai 2020

Ended

Isabelle CALLENS

Director · since 15 juin 2013 · until 25 mai 2019

Ended

At this address

Other companies at this address

Company	CBE no.
BRIK● Active	1030.186.916
BTWE FIRMA BEEL● Active	0500.685.492
IMMOPS● Active	0450.875.202

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	09/06/2026	11/06/2025	17/06/2024	22/06/2023	27/06/2022	29/06/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/05/2026	09/06/2026	Dutch	PDF
Full model	31/12/2024	31/05/2025	11/06/2025	Dutch	PDF
Full model	31/12/2023	25/05/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	27/05/2023	22/06/2023	Dutch	PDF
Full model	31/12/2021	28/05/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	29/05/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	30/05/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Full model	31/12/2017	26/05/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	27/05/2017	31/08/2017	Dutch	PDF
Full model	31/12/2015	28/05/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	30/05/2015	24/07/2015	Dutch	PDF
Full model	31/12/2013	21/06/2014	22/07/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	24/07/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2010	28/05/2011	18/08/2011	Dutch	PDF
Full model	31/12/2009	29/05/2010	24/06/2010	Dutch	PDF
Full model	31/12/2008	30/05/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	04/07/2008	Dutch	PDF
Full model	31/12/2006	07/07/2007	26/07/2007	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 · 12 ended

Active mandates

Isabelle Callens

Director · since 31 mai 2025 · until 31 mai 2031

Active

Karel BEEL

Managing director · since 30 mai 2020 · until 30 mai 2026

Active

Ended mandates

ISABELLE CALLENS

Director · since 28 juin 2019 · until 31 mai 2025

Ended

Isabelle CALLENS

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Karel Beel

Managing director · since 21 juin 2014 · until 30 mai 2020

Ended

Isabelle CALLENS

Director · since 15 juin 2013 · until 25 mai 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2016
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 2025337 k €↓
2024
Annual accounts 2024858,1 k €↑
2023
Annual accounts 2023668,7 k €↑
2022
Annual accounts 2022602,9 k €↑
2021
Annual accounts 2021359,2 k €↑
2020
Annual accounts 202075,4 k €↓
2019
Annual accounts 2019404,3 k €↑
2018
Annual accounts 2018221,7 k €↑
2017
Annual accounts 2017117,7 k €↓
2016
Annual accounts 2016339,6 k €↓
2015
Annual accounts 2015356,2 k €↓
2014
Annual accounts 2014423,9 k €↓
2013
Annual accounts 2013580,4 k €↓
2012
Annual accounts 2012628,1 k €↑
2011
Annual accounts 2011430,8 k €↑
2009
Annual accounts 2009319,7 k €↑
2008
Annual accounts 2008242 k €↓
2007
Annual accounts 2007350,3 k €↓
2006
Annual accounts 2006382 k €
01/01/1971
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

Firma Beel

Overview

What does Firma Beel 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