ACTIVE

BELMAGRI HOLDING

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

245,2 k €

-29.5% YoY

Revenue

1,3 M €

-0.7% YoY

Equity

19,5 M €

+1.3% YoY

Workforce

7,2 ETP

+2.9% YoY

What does BELMAGRI HOLDING do?

BELMAGRI HOLDING is a Public limited company incorporated in 1989. Its main activity is: Activities of holding companies. Its registered office is in Kinrooi. It employs on average 7,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.231.539

Incorporation

08/12/1989

Legal form

Public limited company

Registered office

Geistingen (Oph) 102 box A
3640 Kinrooi · FlandreSee on map

Contributed capital

2 148 000,00 €

Latest accounts

31/12/2025

Average workforce

7,2 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

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
Revenue	1,3 M €	-0.7%	1,4 M €	+4.9%	1,3 M €	+14.3%	1,1 M €	-2.4%	1,2 M €	+10.0%	1,1 M €	+0.2%	1,1 M €	+11.9%	942,6 k €	+85.7%	507,5 k €	+464%	90 k €	-35.7%	140 k €	-20.0%	175 k €	0.0%	175 k €	0.0%	175 k €	-49.1%	343,8 k €	-34.8%	527,5 k €	-21.3%	670 k €	-29.8%	955 k €	-11.8%	1,1 M €	-11.0%	1,2 M €
EBITDA	263,2 k €	-23.7%	345,2 k €	+20.1%	287,3 k €	+93.0%	148,9 k €	-19.1%	184 k €	+254%	51,9 k €	-46.7%	97,4 k €	+42.8%	68,2 k €	+6.0%	64,3 k €	-23.8%	84,4 k €	-36.5%	132,9 k €	+11.3%	119,4 k €	+0.3%	119 k €	-2.4%	121,9 k €	-20.8%	153,8 k €	+109%	73,6 k €	-67.4%	225,6 k €	-57.4%	529,4 k €	-18.6%	650,5 k €	+13.9%	571,1 k €
Operating result	239,6 k €	-25.7%	322,4 k €	+19.5%	269,8 k €	+103%	132,8 k €	-20.6%	167,2 k €	+264%	45,9 k €	-52.2%	96 k €	+41.0%	68,1 k €	+6.0%	64,2 k €	-23.9%	84,4 k €	-36.5%	132,9 k €	+11.3%	119,4 k €	+0.3%	119 k €	-2.4%	121,9 k €	-20.8%	153,8 k €	+109%	73,6 k €	-67.4%	225,6 k €	-57.4%	529,4 k €	-18.6%	650,5 k €	+13.9%	571,1 k €
Net result	245,2 k €	-29.5%	347,9 k €	+128%	152,4 k €	-99.0%	14,8 M €	+4532%	319 k €	+2155%	-15,5 k €	-110%	149,5 k €	-3.1%	154,2 k €	-93.7%	2,5 M €	+284%	-1,3 M €	+81.4%	-7,2 M €	-6229%	117,4 k €	+212%	37,6 k €	+130%	-126,5 k €	-542%	28,6 k €	-66.5%	85,4 k €	-98.3%	5,1 M €	+42076%	12 k €	+101%	-2,4 M €	-132%	7,5 M €
Balance sheet
Equity	19,5 M €	+1.3%	19,3 M €	+1.8%	18,9 M €	+0.8%	18,8 M €	+9.2%	17,2 M €	-44.4%	30,9 M €	-0.2%	30,9 M €	+0.5%	30,8 M €	+12.2%	27,4 M €	+9.1%	25,2 M €	-5.1%	26,5 M €	+30.7%	20,3 M €	+0.6%	20,2 M €	+0.2%	20,1 M €	-0.6%	20,2 M €	+0.1%	20,2 M €	+0.4%	20,1 M €	+33.6%	15,1 M €	+0.1%	15,1 M €	-13.6%	17,4 M €
Total assets	20,7 M €	-22.9%	26,9 M €	-1.3%	27,3 M €	+0.7%	27,1 M €	-44.2%	48,5 M €	-0.6%	48,8 M €	+6.0%	46,1 M €	+37.6%	33,5 M €	+11.2%	30,1 M €	+8.3%	27,8 M €	-4.6%	29,1 M €	+26.6%	23 M €	+0.2%	23 M €	-0.0%	23 M €	-1.4%	23,3 M €	-1.2%	23,6 M €	-0.9%	23,8 M €	-1.2%	24,1 M €	-1.8%	24,5 M €	-9.6%	27,1 M €
Cash	77,2 k €	-60.1%	193,7 k €	-83.8%	1,2 M €	+63.8%	730,1 k €	+58.6%	460,4 k €	-41.3%	784,1 k €	+202%	259,3 k €	+544%	40,3 k €	+14.8%	35,1 k €	+193%	12 k €	-88.8%	107 k €	-14.0%	124,4 k €	+125%	55,2 k €	+765%	6,4 k €	-67.0%	19,4 k €	+176%	7 k €	-70.5%	23,7 k €	-9.8%	26,3 k €	-48.3%	50,9 k €	+88.6%	27 k €
Debts	1,2 M €	-83.8%	7,7 M €	-8.5%	8,4 M €	+0.6%	8,3 M €	-73.5%	31,4 M €	+74.5%	18 M €	+18.7%	15,1 M €	+462%	2,7 M €	+1.1%	2,7 M €	+0.1%	2,7 M €	+2.8%	2,6 M €	-3.9%	2,7 M €	-3.9%	2,8 M €	-1.6%	2,8 M €	-6.2%	3 M €	-9.2%	3,3 M €	-8.3%	3,6 M €	-58.9%	8,9 M €	-4.9%	9,3 M €	-2.1%	9,5 M €
Other
Workforce	7,2 ETP	+2.9%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	-20.5%	8,8 ETP	-4.3%	9,2 ETP	+4.5%	8,8 ETP	+4.8%	8,4 ETP	+71.4%	4,9 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 · 4 active · 31 ended

Active mandates

Roel Vriens

Director · since 01 avril 2025 · until 18 juin 2029

Active

Niba, vennootschap naar Nederlands recht NV

Director · since 30 avril 2024 · until 18 juin 2029

Represented by Gerrit Pomstra

Active

VEDA

Director · since 30 avril 2024 · until 18 juin 2029 · 0682.464.086

Represented by David Musiek

Active

NIBA PARTICIPATIES, vennootschap naar Nederlands recht BV

Director · since 16 juin 2023 · until 01 avril 2025

Represented by Frank Kessler

Active

Ended mandates

NIBA, vennootschap naar Nederlands recht NV

Director · since 30 avril 2024 · until 18 juin 2029

Represented by Gerrit Pomstra

Ended

NIBA PARTICIPATIES, vennootschap naar Nederlands recht B.V.

Director · since 16 juin 2023 · until 18 juin 2029

Represented by Frank Kessler

Ended

NIBA, vennootschap naar Nederlands Recht NV

Director · since 16 juin 2023 · until 30 avril 2024

Represented by Michaël Dankers

Ended

VEDA

Director · since 16 juin 2023 · until 18 juin 2029 · 0682.464.086

Represented by David Musiek

Ended

At this address

Other companies at this address

Company	CBE no.
Belmagri● Active	0401.280.882
EUROGRI● Active	0421.317.718
HEIDEGRIND● Active	1013.345.142

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	19/06/2026	17/06/2025	19/06/2024	21/06/2023	07/07/2022	08/07/2021
General meeting	16/06/2026	16/06/2025	17/06/2024	16/06/2023	16/06/2022	16/06/2021
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 days

Filings

Annual accounts filings

24 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	16/06/2026	19/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	17/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	19/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	04/06/2024	07/06/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	21/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	20/06/2023	08/08/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	07/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	31/05/2022	30/08/2022	Dutch	PDF
Full model	31/12/2020	16/06/2021	08/07/2021	Dutch	PDF
Full model	31/12/2019	16/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	21/06/2019	Dutch	PDF
Full model	31/12/2017	16/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	16/06/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	25/06/2015	26/06/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	20/06/2014	Dutch	PDF
Full model	31/12/2012	24/06/2013	26/06/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	25/07/2011	Dutch	PDF
Full model	31/12/2009	16/06/2010	08/07/2010	Dutch	PDF
Full model	31/12/2008	16/06/2009	24/06/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	24/06/2008	Dutch	PDF
Full model	31/12/2006	16/06/2007	18/06/2007	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 · 4 active · 31 ended

Active mandates

Roel Vriens

Director · since 01 avril 2025 · until 18 juin 2029

Active

Niba, vennootschap naar Nederlands recht NV

Director · since 30 avril 2024 · until 18 juin 2029

Represented by Gerrit Pomstra

Active

VEDA

Director · since 30 avril 2024 · until 18 juin 2029 · 0682.464.086

Represented by David Musiek

Active

NIBA PARTICIPATIES, vennootschap naar Nederlands recht BV

Director · since 16 juin 2023 · until 01 avril 2025

Represented by Frank Kessler

Active

Ended mandates

NIBA, vennootschap naar Nederlands recht NV

Director · since 30 avril 2024 · until 18 juin 2029

Represented by Gerrit Pomstra

Ended

NIBA PARTICIPATIES, vennootschap naar Nederlands recht B.V.

Director · since 16 juin 2023 · until 18 juin 2029

Represented by Frank Kessler

Ended

NIBA, vennootschap naar Nederlands Recht NV

Director · since 16 juin 2023 · until 30 avril 2024

Represented by Michaël Dankers

Ended

VEDA

Director · since 16 juin 2023 · until 18 juin 2029 · 0682.464.086

Represented by David Musiek

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other09/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates09/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2020
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 2025245,2 k €↓
2024
Annual accounts 2024347,9 k €↑
2023
Annual accounts 2023152,4 k €↓
2022
Annual accounts 202214,8 M €↑
2021
Annual accounts 2021319 k €↑
2020
Annual accounts 2020-15,5 k €↓
2019
Annual accounts 2019149,5 k €↓
2018
Annual accounts 2018154,2 k €↓
2017
Annual accounts 20172,5 M €↑
2016
Annual accounts 2016-1,3 M €↑
2015
Annual accounts 2015-7,2 M €↓
2014
Annual accounts 2014117,4 k €↑
2013
Annual accounts 201337,6 k €↑
2012
Annual accounts 2012-126,5 k €↓
2011
Annual accounts 201128,6 k €↓
2010
Annual accounts 201085,4 k €↓
2009
Annual accounts 20095,1 M €↑
2008
Annual accounts 200812 k €↑
2007
Annual accounts 2007-2,4 M €↓
2006
Annual accounts 20067,5 M €
08/12/1989
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

BELMAGRI HOLDING

Overview

What does BELMAGRI HOLDING do?

Trend over 20 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