BELLE INVEST
0426.100.907 · rovalta.com · 22/09/2026
ACTIVE
BELLE INVEST
Financial year 2025 · closed on 31/12/2025
Net result
292,1 k €
+55.9% YoY
Gross margin
178,4 k €
+10.2% YoY
Equity
6,3 M €
-14.6% YoY
Overview
What does BELLE INVEST do?
BELLE INVEST is a Public limited company incorporated in 1983. Its registered office is in Schilde.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0426.100.907
Incorporation
29/12/1983
Legal form
Public limited company
Registered office
De Dreef van Duyvendael 11
2970 Schilde · FlandreSee on map
2970 Schilde · FlandreSee on map
Contributed capital
107 585,79 €
Latest accounts
31/12/2025
Joint committees (2)
- 100
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 178,4 k € | +10.2% | 161,9 k € | -70.9% | 556 k € | +96.3% | 283,3 k € | -85.9% | 2 M € | -52.2% | 4,2 M € | +286% | 1,1 M € | -20.7% | 1,4 M € | +105% | 670,7 k € | +27.1% | 527,6 k € | -51.0% | 1,1 M € | +106% | 523,4 k € | -46.2% | 973,1 k € | +69.2% | 575,2 k € | -41.5% | 982,9 k € | +97.5% | 497,8 k € | +4.2% | 477,7 k € | -0.9% | 482,2 k € | -8.1% | 524,6 k € | +0.1% | 523,8 k € |
| EBITDA | 165,6 k € | +11.1% | 149 k € | -72.2% | 535,7 k € | +120% | 243,9 k € | -87.7% | 2 M € | -52.4% | 4,2 M € | +304% | 1 M € | -21.3% | 1,3 M € | +116% | 607,6 k € | +30.6% | 465,4 k € | -54.1% | 1 M € | +122% | 457,7 k € | -49.8% | 910,9 k € | +77.1% | 514,3 k € | -40.9% | 870,3 k € | +92.7% | 451,7 k € | +26.6% | 356,9 k € | -10.6% | 399,3 k € | -8.4% | 436 k € | -1.6% | 443,2 k € |
| Operating result | 16,5 k € | +84.7% | 8,9 k € | -97.9% | 420,8 k € | +135% | 178,7 k € | -91.0% | 2 M € | -50.7% | 4,1 M € | +489% | 688,2 k € | -27.7% | 951,7 k € | +279% | 250,9 k € | +184% | 88,4 k € | -86.0% | 633,7 k € | +335% | 145,7 k € | -77.0% | 633 k € | +171% | 233,5 k € | -63.6% | 640,8 k € | +162% | 244,2 k € | -7.7% | 264,6 k € | +9.2% | 242,4 k € | -27.3% | 333,2 k € | +5.4% | 316,1 k € |
| Net result | 292,1 k € | +55.9% | 187,3 k € | -43.3% | 330,4 k € | +92.9% | 171,3 k € | -88.1% | 1,4 M € | -49.7% | 2,8 M € | +417% | 551,5 k € | -11.9% | 625,7 k € | +75.8% | 356 k € | +891% | 35,9 k € | -90.2% | 367 k € | +948% | 35 k € | -90.2% | 356,6 k € | +298% | 89,6 k € | -76.2% | 376,1 k € | +5.5% | 356,5 k € | +175% | 129,4 k € | +70.9% | 75,7 k € | -78.3% | 348,6 k € | +106% | 169,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 6,3 M € | -14.6% | 7,4 M € | +1.8% | 7,3 M € | +4.8% | 6,9 M € | +2.5% | 6,8 M € | +26.9% | 5,3 M € | +43.2% | 3,7 M € | -8.0% | 4,1 M € | +15.3% | 3,5 M € | +1.7% | 3,5 M € | -0.8% | 3,5 M € | +10.2% | 3,2 M € | +0.7% | 3,1 M € | +9.3% | 2,9 M € | +2.8% | 2,8 M € | +13.3% | 2,5 M € | +14.5% | 2,2 M € | +6.1% | 2 M € | +3.5% | 2 M € | +12.9% | 1,7 M € |
| Total assets | 7,2 M € | -18.8% | 8,8 M € | +1.8% | 8,6 M € | +3.3% | 8,4 M € | -17.1% | 10,1 M € | +17.9% | 8,6 M € | +27.7% | 6,7 M € | -6.2% | 7,2 M € | +8.1% | 6,6 M € | -2.2% | 6,8 M € | -0.4% | 6,8 M € | +7.6% | 6,3 M € | +0.7% | 6,3 M € | +5.3% | 6 M € | +4.4% | 5,7 M € | +4.0% | 5,5 M € | +15.0% | 4,8 M € | +1.0% | 4,7 M € | +0.4% | 4,7 M € | +1.7% | 4,6 M € |
| Cash | 194,4 k € | +192% | 66,5 k € | -55.4% | 149,1 k € | -92.4% | 2 M € | -23.7% | 2,6 M € | -36.6% | 4 M € | +267% | 1,1 M € | -12.0% | 1,3 M € | +74.0% | 719,8 k € | +82.3% | 394,8 k € | +48.9% | 265,1 k € | -59.5% | 654,6 k € | -43.5% | 1,2 M € | +20.6% | 959,7 k € | -21.8% | 1,2 M € | +26.1% | 972,4 k € | +171% | 358,4 k € | +305% | 88,5 k € | -73.3% | 331,1 k € | +22.0% | 271,3 k € |
| Debts | 405,2 k € | -55.8% | 915,9 k € | +7.4% | 852,4 k € | +0.8% | 845,8 k € | -67.4% | 2,6 M € | +5.4% | 2,5 M € | +6.4% | 2,3 M € | +1.7% | 2,3 M € | -1.5% | 2,3 M € | -1.4% | 2,3 M € | +3.2% | 2,3 M € | +0.4% | 2,3 M € | +0.6% | 2,3 M € | -4.5% | 2,4 M € | +8.4% | 2,2 M € | -12.5% | 2,5 M € | +3.3% | 2,4 M € | -2.7% | 2,5 M € | -1.8% | 2,5 M € | -9.8% | 2,8 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,5 ETP | -50.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 12 ended
Active mandates
Pieternel Theeuwes
ActiveMarc Schepers
ActiveEnded mandates
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro 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 | 04/08/2026 | 27/06/2025 | 09/08/2024 | 31/07/2023 | 05/08/2022 | 29/06/2021 |
| General meeting | 30/06/2026 | 10/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 14/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 04/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 10/06/2025 | 27/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 30/06/2024 | 09/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/06/2023 | 31/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 30/06/2022 | 05/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 14/06/2021 | 29/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/06/2020 | 30/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 11/06/2019 | 28/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 11/06/2018 | 28/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 12/06/2017 | 29/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 13/06/2016 | 24/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 08/06/2015 | 16/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 10/06/2014 | 20/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 10/06/2013 | 27/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 11/06/2012 | 29/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 13/06/2011 | 29/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 01/06/2010 | 10/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/06/2009 | 30/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/06/2008 | 19/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 01/06/2007 | 12/06/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 12 ended
Active mandates
Pieternel Theeuwes
ActiveMarc Schepers
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates17/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates25/10/2023ONTSLAGEN - BENOEMINGEN
- Capital / shares20/06/2019KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates28/06/2016ONTSLAGEN - BENOEMINGEN
- Mandates15/05/2014ONTSLAGEN - BENOEMINGEN
- Capital / shares07/01/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Restructuring25/01/2011BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring22/11/2010RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025292,1 k €↑
- 2024Annual accounts 2024187,3 k €↓
- 2023Annual accounts 2023330,4 k €↑
- 2022Annual accounts 2022171,3 k €↓
- 2021Annual accounts 20211,4 M €↓
- 2020Annual accounts 20202,8 M €↑
- 2019Annual accounts 2019551,5 k €↓
- 2018Annual accounts 2018625,7 k €↑
- 2017Annual accounts 2017356 k €↑
- 2016Annual accounts 201635,9 k €↓
- 2015Annual accounts 2015367 k €↑
- 2014Annual accounts 201435 k €↓
- 2013Annual accounts 2013356,6 k €↑
- 2012Annual accounts 201289,6 k €↓
- 2011Annual accounts 2011376,1 k €↑
- 2010Annual accounts 2010356,5 k €↑
- 2010Name changeBELLE INVEST
- 2009Annual accounts 2009129,4 k €↑
- 2008Annual accounts 200875,7 k €↓
- 2007Annual accounts 2007348,6 k €↑
- 2006Annual accounts 2006169,1 k €
- 2006Name changeImmo Antverpia
- 29/12/1983IncorporationPublic limited company