ACTIVE

BEL - INVEST

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Financial year 2025 · closed on 31/12/2025
Net result
733 k €
+307.4% YoY
Gross margin
1,2 M €
+391.8% YoY
Equity
2,5 M €
+41.1% YoY

What does BEL - INVEST do?

BEL - INVEST is a Public limited company incorporated in 1977. Its registered office is in Hasselt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0416.946.679
Incorporation
14/03/1977
Legal form
Public limited company
Registered office
Kolonel Dusartplein 27 box 2.01
3500 Hasselt · FlandreSee on map
Contributed capital
272 682,88 €
Latest accounts
31/12/2025
Joint committees (1)
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,2 M €244,1 k €69,5 k €97,8 k €121,8 k €16,1 k €2,2 k €44,6 k €28,6 k €23,9 k €24,5 k €90,5 k €47,7 k €25,8 k €15,2 k €-16,4 k €48 k €42,2 k €
EBITDA1,2 M €237 k €62,5 k €91,7 k €110,5 k €16,1 k €-2,3 k €43,1 k €27,1 k €22,3 k €23 k €89,2 k €46,6 k €25,4 k €34,1 k €-20,5 k €44,8 k €16,5 k €
Operating result1,2 M €216,2 k €41,4 k €36,6 k €69,6 k €-3,7 k €-22,1 k €24,1 k €8,1 k €3,4 k €4,2 k €70,5 k €27,8 k €6,6 k €15,2 k €-38,5 k €27,8 k €-512,8 €
Net result733 k €-353,4 k €29,6 k €-2,2 k €153,4 k €815,6 k €28,5 k €74 k €318,1 k €3,4 k €4,6 k €49,2 k €27,2 k €7,1 k €360,6 k €-41,6 k €25,7 k €2 k €
Balance sheet
Equity2,5 M €1,8 M €2,1 M €2,1 M €2,1 M €1,5 M €702,2 k €701,7 k €627,7 k €509,6 k €556,2 k €551,6 k €602,5 k €575,2 k €568,1 k €207,5 k €249,1 k €223,4 k €
Total assets2,8 M €2 M €2,4 M €2,4 M €2,5 M €1,6 M €730,2 k €735,7 k €828,5 k €774,3 k €743,8 k €752,7 k €719,2 k €731,6 k €970,5 k €430,3 k €417,8 k €430,4 k €
Cash336,1 k €53,8 k €64,8 k €98,5 k €293,5 k €60,9 k €35,6 k €82,6 k €123,8 k €60,2 k €23,5 k €25,8 k €10,9 k €16 k €229,8 k €21,9 k €26,8 k €22,4 k €
Debts241,3 k €181,9 k €66,9 k €143,9 k €208,6 k €90 k €28 k €33,9 k €200,8 k €264,7 k €187,5 k €201,1 k €116,7 k €156,3 k €402,4 k €198,9 k €144,8 k €183,1 k €
Other
Workforce–––––––––––––––––0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

Theodorus Antonius KROON

Director · since 08 mai 2020

Active

Ended mandates

Theodorus KROON

Director · since 01 janvier 2017

Ended
De Zeegalm

Director · since 04 juillet 2013 · 0440.969.423

Represented by Theodorus Kroon

Ended
DE ZEEGALM

Director · since 04 juillet 2013 · until 03 juillet 2019 · 0440.969.423

Represented by Theodorus Kroon

Ended
De Zeegalm NV

Director · since 04 juillet 2013 · until 31 décembre 2016 · 0440.969.423

Represented by Theodorus Kroon

Ended
At this address

Other companies at this address

CompanyCBE no.
DE LAAK KOERSEL● Active
0568.993.882
JACQUELINE MASSOELS● Active
0669.745.309
OSTEOPATHIE BECKERS SOFIE● Active
0890.539.380
Sai-Sai● Active
0464.576.352
Vereniging van Mede-eigenaars van het gebouw te 3500 Hasselt, Kolonel Dusartplein 27-31● Active
0833.754.194
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/03/202001/03/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202129/02/2020
Length of the financial year12 months12 months12 months12 months22 months12 months
Filing date22/07/202601/07/202522/07/202431/08/202331/08/202227/11/2020
General meeting27/06/202628/06/202529/06/202429/08/202331/08/202231/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202622/07/2026DutchPDF
Abridged model31/12/202428/06/202501/07/2025DutchPDF
Abridged model31/12/202329/06/202422/07/2024DutchPDF
Micro model31/12/202229/08/202331/08/2023DutchPDF
Micro model31/12/202131/08/202231/08/2022DutchPDF
Micro model29/02/202031/08/202027/11/2020DutchPDF
Abridged model28/02/201904/07/201919/08/2019DutchPDF
Abridged model28/02/201805/07/201830/08/2018DutchPDF
Abridged model28/02/201706/07/201726/07/2017DutchPDF
Abridged model29/02/201607/07/201610/10/2016DutchPDF
Abridged model28/02/201502/07/201529/08/2015DutchPDF
Abridged model28/02/201403/07/201431/07/2014DutchPDF
Abridged model28/02/201304/07/201323/08/2013DutchPDF
Abridged model29/02/201205/07/201226/09/2012DutchPDF
Abridged model28/02/201107/07/201130/09/2011DutchPDF
Abridged model28/02/201001/07/201028/09/2010DutchPDF
Abridged model28/02/200902/07/200912/09/2009DutchPDF
Abridged model29/02/200803/07/200816/09/2008DutchPDF
Abridged model28/02/200730/04/200705/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

Theodorus Antonius KROON

Director · since 08 mai 2020

Active

Ended mandates

Theodorus KROON

Director · since 01 janvier 2017

Ended
De Zeegalm

Director · since 04 juillet 2013 · 0440.969.423

Represented by Theodorus Kroon

Ended
DE ZEEGALM

Director · since 04 juillet 2013 · until 03 juillet 2019 · 0440.969.423

Represented by Theodorus Kroon

Ended
De Zeegalm NV

Director · since 04 juillet 2013 · until 31 décembre 2016 · 0440.969.423

Represented by Theodorus Kroon

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office19/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring19/06/2020
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/01/2018
    Ontslag en benoeming bestuurders en overbrenging zetel.
    PDF
  • Registered office07/08/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/09/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2002
    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

Timeline

  1. 2025
    Annual accounts 2025733 k €↑
  2. 2024
    Annual accounts 2024-353,4 k €↓
  3. 2023
    Annual accounts 202329,6 k €↑
  4. 2022
    Annual accounts 2022-2,2 k €↓
  5. 2021
    Annual accounts 2021153,4 k €↓
  6. 2019
    Annual accounts 2019815,6 k €↑
  7. 2018
    Annual accounts 201828,5 k €↓
  8. 2017
    Annual accounts 201774 k €↓
  9. 2016
    Annual accounts 2016318,1 k €↑
  10. 2015
    Annual accounts 20153,4 k €↓
  11. 2014
    Annual accounts 20144,6 k €↓
  12. 2013
    Annual accounts 201349,2 k €↑
  13. 2012
    Annual accounts 201227,2 k €↑
  14. 2011
    Annual accounts 20117,1 k €↓
  15. 2010
    Annual accounts 2010360,6 k €↑
  16. 2009
    Annual accounts 2009-41,6 k €↓
  17. 2008
    Annual accounts 200825,7 k €↑
  18. 2007
    Annual accounts 20072 k €
  19. 14/03/1977
    IncorporationPublic limited company