ACTIVE

BELDEN

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Financial year 2025 · closed on 31/12/2025

Net result

287,3 k €

+302.0% YoY

Gross margin

494,5 k €

+145.4% YoY

Equity

32,6 k €

+0.9% YoY

Workforce

0,8 ETP

+14.3% YoY

What does BELDEN do?

BELDEN is a Private limited company incorporated in 1986. Its main activity is: Dental practice activities. Its registered office is in Gent. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.792.944

Incorporation

30/10/1986

Legal form

Private limited company

Registered office

Kortrijksesteenweg 215
9000 Gent · FlandreSee on map

Contributed capital

12 800,00 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Activities (NACE)

86230Dental practice activities· main 86230Dental practice activities

Joint committees (2)

330
33004

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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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		2010		2009		2008		2007
Income statement
Gross margin	494,5 k €	+145%	201,5 k €	-18.1%	246,1 k €	+20.8%	203,8 k €	+80.8%	112,8 k €	-64.9%	320,9 k €	+14.6%	279,9 k €	-1.6%	284,4 k €	+66.2%	171,1 k €	+2.1%	167,6 k €	+13.0%	148,3 k €	+21.0%	122,6 k €	+30.9%	93,7 k €	-19.0%	115,7 k €	-6.9%	124,2 k €	+34.8%	92,1 k €	+21.8%	75,6 k €	+1.1%	74,8 k €	-16.9%	90 k €
EBITDA	450,1 k €	+193%	153,6 k €	-24.9%	204,6 k €	+14.5%	178,8 k €	+70.8%	104,7 k €	-66.2%	309,4 k €	+26.7%	244,1 k €	-0.8%	246 k €	+49.8%	164,2 k €	+59.6%	102,9 k €	+2.9%	100 k €	-13.2%	115,2 k €	+73.4%	66,5 k €	-40.7%	112,1 k €	-4.2%	117 k €	+29.6%	90,3 k €	+23.3%	73,2 k €	+74.8%	41,9 k €	-33.4%	62,9 k €
Operating result	402,2 k €	+255%	113,2 k €	-32.9%	168,6 k €	+18.0%	142,8 k €	+106%	69,4 k €	-75.0%	277,6 k €	+31.3%	211,3 k €	-2.0%	215,6 k €	+60.8%	134,1 k €	+85.9%	72,1 k €	+19.9%	60,2 k €	-21.2%	76,4 k €	+635%	10,4 k €	-81.7%	56,9 k €	+45.2%	39,2 k €	-34.9%	60,2 k €	+53.3%	39,3 k €	+427%	7,5 k €	-78.4%	34,5 k €
Net result	287,3 k €	+302%	71,5 k €	-34.2%	108,6 k €	+14.9%	94,5 k €	+135%	40,1 k €	-80.9%	210,2 k €	+33.7%	157,2 k €	+1.9%	154,3 k €	+88.1%	82 k €	+175%	29,9 k €	+55.0%	19,3 k €	-50.9%	39,3 k €	+164%	-61,2 k €	-336%	26 k €	-29.7%	36,9 k €	-35.1%	56,9 k €	+26.2%	45 k €	+413%	-14,4 k €	-9468%	153,6 €
Balance sheet
Equity	32,6 k €	+0.9%	32,3 k €	-4.5%	33,8 k €	-21.3%	43 k €	-47.9%	82,5 k €	-86.0%	587,3 k €	+55.7%	377,1 k €	+39.7%	269,9 k €	+62.9%	165,6 k €	+52.5%	108,6 k €	+37.9%	78,8 k €	+52.2%	51,7 k €	+38.1%	37,5 k €	-62.0%	98,7 k €	+35.7%	72,7 k €	-34.4%	110,8 k €	+105%	53,9 k €	+508%	8,9 k €	-61.9%	23,3 k €
Total assets	737,7 k €	+17.1%	630 k €	+7.7%	585,1 k €	+16.8%	501 k €	-34.4%	763,5 k €	-31.0%	1,1 M €	+10.6%	1 M €	+6.9%	936,6 k €	+11.2%	842,4 k €	-0.6%	847,7 k €	-0.0%	847,8 k €	+0.9%	840,2 k €	-11.9%	953,3 k €	+19.5%	797,5 k €	+0.8%	791,2 k €	+104%	388,4 k €	+18.2%	328,7 k €	+10.3%	298,1 k €	+17.2%	254,3 k €
Cash	20,8 k €	+20451%	101,3 €	-99.6%	26,8 k €	+215%	8,5 k €	-70.4%	28,7 k €	-20.9%	36,3 k €	+3608%	979,1 €	-83.3%	5,9 k €	+262247%	2,2 €		–		6,7 €		–		–		–		–		–		–		–		4,7 k €
Debts	705,1 k €	+18.0%	597,7 k €	+8.5%	550,9 k €	+20.3%	458 k €	-32.7%	681 k €	+31.0%	519,9 k €	-16.7%	624,4 k €	-0.4%	627 k €	-1.6%	636,9 k €	-8.9%	699,4 k €	-4.1%	729,4 k €	-2.6%	748,8 k €	-14.5%	875,4 k €	+32.8%	659,2 k €	-2.9%	678,9 k €	+185%	238 k €	-1.0%	240,3 k €	-8.6%	262,9 k €	+22.9%	214 k €
Other
Workforce	0,8 ETP	+14.3%	0,7 ETP	+16.7%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP		–		–		–		–		–		1,0 ETP	+25.0%	0,8 ETP	0.0%	0,8 ETP		–		–		–		–		1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Christian Swaelens

Director

Active

Ended mandates

Christian SWAELENS

Manager · since 07 novembre 2001

Ended

Christian Swaelens

Director · since 23 octobre 2001

Ended

Christian Swaelens

Manager · since 23 octobre 2001

Ended

Christian Swaelens

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Belden Holding● Active	0759.989.753

Annual accounts

Full financial information

	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	11/08/2026	31/10/2025	16/08/2024	11/07/2023	20/07/2022	14/04/2021
General meeting	06/08/2026	20/06/2025	28/06/2024	14/04/2023	08/04/2022	09/04/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/08/2026	11/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	31/10/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	16/08/2024	Dutch	PDF
Abridged model	31/12/2022	14/04/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	08/04/2022	20/07/2022	Dutch	PDF
Micro model	31/12/2020	09/04/2021	14/04/2021	Dutch	PDF
Micro model	31/12/2019	10/04/2020	16/04/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	11/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	30/07/2015	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	01/10/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	28/10/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	24/10/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Christian Swaelens

Director

Active

Ended mandates

Christian SWAELENS

Manager · since 07 novembre 2001

Ended

Christian Swaelens

Director · since 23 octobre 2001

Ended

Christian Swaelens

Manager · since 23 octobre 2001

Ended

Christian Swaelens

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/01/2025
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/12/2004
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
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 2025287,3 k €↑
2024
Annual accounts 202471,5 k €↓
2023
Annual accounts 2023108,6 k €↑
2022
Annual accounts 202294,5 k €↑
2021
Annual accounts 202140,1 k €↓
2020
Annual accounts 2020210,2 k €↑
2019
Annual accounts 2019157,2 k €↑
2018
Annual accounts 2018154,3 k €↑
2017
Annual accounts 201782 k €↑
2016
Annual accounts 201629,9 k €↑
2015
Annual accounts 201519,3 k €↓
2014
Annual accounts 201439,3 k €↑
2013
Annual accounts 2013-61,2 k €↓
2012
Annual accounts 201226 k €↓
2011
Annual accounts 201136,9 k €↓
2010
Annual accounts 201056,9 k €↑
2009
Annual accounts 200945 k €↑
2008
Annual accounts 2008-14,4 k €↓
2007
Annual accounts 2007153,6 €
30/10/1986
IncorporationPrivate 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

BELDEN

Overview

What does BELDEN 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