ACTIVE

BELTEC

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Financial year 2024 · closed on 31/12/2024

Net result

121,1 k €

-66.5% YoY

Revenue

11,0 M €

-4.1% YoY

Equity

2,6 M €

+4.5% YoY

Workforce

45,1 ETP

-0.2% YoY

What does BELTEC do?

BELTEC is a Private limited company incorporated in 1989. Its registered office is in Lier. It employs on average 45,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.662.425

Incorporation

31/01/1989

Legal form

Private limited company

Registered office

Paaiestraat 13
2500 Lier · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Average workforce

45,1 ETP

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	11,0 M €	-4.1%	11,5 M €		–		–		–		–		–		–		–		7,3 M €	+12.6%	6,5 M €	+14.1%	5,7 M €		–		–		–		–		–
EBITDA	1,6 M €	-19.4%	2,0 M €	-7.1%	2,2 M €	+21.0%	1,8 M €	-2.4%	1,9 M €	+11.3%	1,7 M €	+13.8%	1,5 M €	+12.0%	1,3 M €	-7.0%	1,4 M €	-10.2%	1,6 M €	+35.6%	1,2 M €	+0.9%	1,1 M €	+9.3%	1,0 M €	-9.2%	1,2 M €	+13.1%	1,0 M €	+26.4%	805,5 k €	-9.5%	889,7 k €
Operating result	483,2 k €	-37.5%	773,7 k €	-6.3%	825,9 k €	+200%	275,5 k €	+20.0%	229,6 k €	-0.7%	231,3 k €	-44.8%	419,3 k €	+60.8%	260,7 k €	+10.3%	236,4 k €	-41.4%	403,4 k €	-18.3%	493,6 k €	+43.9%	343,1 k €	+63.1%	210,3 k €	+32.0%	159,4 k €	+99.8%	79,8 k €	-57.3%	186,8 k €	+30.0%	143,7 k €
Net result	121,1 k €	-66.5%	361,9 k €	-27.6%	500,0 k €	+400%	100,1 k €	+190%	34,5 k €	+22.6%	28,1 k €	-83.3%	168,9 k €	+196%	57,2 k €	+27.9%	44,7 k €	-61.7%	116,8 k €	-50.9%	237,9 k €	+26.7%	187,7 k €	+166%	70,5 k €	+11.1%	63,5 k €	+20.7%	52,6 k €	+110%	25,1 k €	-43.4%	44,3 k €
Balance sheet
Equity	2,6 M €	+4.5%	2,5 M €	+16.6%	2,1 M €	+30.0%	1,6 M €	+5.7%	1,5 M €	+1.5%	1,5 M €	+1.1%	1,5 M €	+11.6%	1,3 M €	+3.2%	1,3 M €	+1.8%	1,3 M €	+7.8%	1,2 M €	+20.9%	984,7 k €	+15.4%	853,2 k €	-0.5%	857,2 k €	-3.3%	886,8 k €	+71.3%	517,6 k €	-1.5%	525,3 k €
Total assets	11,4 M €	+1.0%	11,3 M €	-4.6%	11,8 M €	-4.7%	12,4 M €	-2.0%	12,6 M €	+3.1%	12,3 M €	+5.2%	11,7 M €	+11.6%	10,4 M €	-5.1%	11,0 M €	-1.9%	11,2 M €	+60.3%	7,0 M €	+9.7%	6,4 M €	-11.4%	7,2 M €	+5.9%	6,8 M €	+21.3%	5,6 M €	+15.1%	4,9 M €	-9.9%	5,4 M €
Cash	128,9 k €	-5.7%	136,6 k €	-46.7%	256,1 k €	+7.5%	238,3 k €	-53.5%	512,6 k €	+33.2%	384,8 k €	+24.7%	308,7 k €	+27.1%	242,9 k €	-46.7%	455,5 k €	+84.4%	247,0 k €	+22.0%	202,4 k €	-7.4%	218,7 k €	+84.5%	118,5 k €	+105%	58,0 k €	-26.1%	78,4 k €	+2.1%	76,8 k €	+137%	32,5 k €
Debts	8,6 M €	+0.3%	8,6 M €	-9.8%	9,5 M €	-10.9%	10,7 M €	-3.4%	11,1 M €	+4.6%	10,6 M €	+5.7%	10,0 M €	+11.5%	9,0 M €	-6.6%	9,6 M €	-2.8%	9,9 M €	+77.4%	5,6 M €	+4.5%	5,3 M €	-15.2%	6,3 M €	+7.1%	5,9 M €	+26.8%	4,6 M €	+9.1%	4,3 M €	-11.1%	4,8 M €
Other
Workforce	45,1 ETP	-0.2%	45,2 ETP	+7.4%	42,1 ETP	-1.2%	42,6 ETP	+5.2%	40,5 ETP	-5.8%	43,0 ETP	+19.4%	36,0 ETP	+9.8%	32,8 ETP	+8.3%	30,3 ETP	+15.6%	26,2 ETP	-7.1%	28,2 ETP	+17.5%	24,0 ETP	+14.8%	20,9 ETP	+16.1%	18,0 ETP	+40.6%	12,8 ETP	-2.3%	13,1 ETP	+2.3%	12,8 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 31/12/2024 · 1 active · 2 ended

Active mandates

CAM - GROUP

Director · 0886.055.507

Represented by Tom VERMOESEN

Active

Ended mandates

Anne VAN DOOREN

Director

Ended

Anne VAN DOOREN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
FRANCA PRODUCTS● Active	0429.264.689
XTRAFLEX● Active	0464.871.411

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/10/2025	22/08/2024	09/10/2023	18/10/2022	03/12/2021	26/11/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	20/05/2022	21/05/2021	24/07/2020
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	31/12/2024	27/06/2025	31/10/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	20/05/2022	18/10/2022	Dutch	PDF
Abridged model	31/12/2020	21/05/2021	03/12/2021	Dutch	PDF
Abridged model	31/12/2019	24/07/2020	26/11/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	13/08/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	07/11/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	28/09/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	29/09/2016	Dutch	PDF
Full model	31/12/2014	15/05/2015	30/12/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	31/10/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	23/10/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	23/11/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	14/12/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	07/12/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	28/11/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	28/09/2007	Dutch	PDF
Abridged model	31/12/2005	19/05/2006	01/02/2007	Dutch	PDF

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 31/12/2024 · 1 active · 2 ended

Active mandates

CAM - GROUP

Director · 0886.055.507

Represented by Tom VERMOESEN

Active

Ended mandates

Anne VAN DOOREN

Director

Ended

Anne VAN DOOREN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/08/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office06/12/2007
MAATSCHAPPELIJKE ZETEL
PDF
Other23/04/2007
vu
PDF
Mandates12/02/2003
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

2024
Annual accounts 2024121,1 k €↓
2023
Annual accounts 2023361,9 k €↓
2022
Annual accounts 2022500,0 k €↑
2021
Annual accounts 2021100,1 k €↑
2020
Annual accounts 202034,5 k €↑
2019
Annual accounts 201928,1 k €↓
2018
Annual accounts 2018168,9 k €↑
2017
Annual accounts 201757,2 k €↑
2016
Annual accounts 201644,7 k €↓
2015
Annual accounts 2015116,8 k €↓
2014
Annual accounts 2014237,9 k €↑
2013
Annual accounts 2013187,7 k €↑
2012
Annual accounts 201270,5 k €↑
2011
Annual accounts 201163,5 k €↑
2010
Annual accounts 201052,6 k €↑
2009
Annual accounts 200925,1 k €↓
2008
Annual accounts 200844,3 k €
31/01/1989
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

BELTEC

Overview

What does BELTEC do?

Trend over 17 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