NORMAL SITUATION

BELGASSUR

Financial year 2022 · closed on 31/12/2022
Net result
399,4 k €
+16.9% YoY
Gross margin
391,7 k €
+14.8% YoY
Equity
2,1 M €
+23.6% YoY

Company — Normal situation.

What does BELGASSUR do?

BELGASSUR is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.300.321
Legal form
Public limited company
Contributed capital
61 500,00 €
Latest accounts
31/12/2022
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202220212020201920182017201620152014201220112010200920082007
Income statement
Gross margin391,7 k €341,2 k €255,8 k €220,7 k €227,2 k €233,2 k €181,2 k €96,1 k €12,3 k €14 k €-10,2 k €-139 €-1,5 k €-1,7 k €-6,6 k €
EBITDA389,8 k €339 k €253,6 k €220,3 k €226,8 k €232,8 k €180,8 k €95,7 k €11,9 k €13,1 k €-60 k €-1,1 k €-2,4 k €-2,1 k €-7 k €
Operating result389,8 k €334,6 k €249,3 k €216 k €222,5 k €228,4 k €176,5 k €91,4 k €7,6 k €13,1 k €-60 k €-1,1 k €-2,4 k €-2,1 k €-7 k €
Net result399,4 k €341,7 k €256,1 k €222,3 k €229,7 k €235 k €177,3 k €92,4 k €8,4 k €26,3 k €40,9 k €10,8 k €4,9 k €5,2 k €327 €
Balance sheet
Equity2,1 M €1,7 M €1,4 M €1,1 M €873,8 k €644,1 k €409,1 k €231,8 k €139,4 k €128,9 k €102,6 k €-335,4 k €-346,2 k €-351,2 k €-356,4 k €
Total assets2,1 M €1,7 M €1,4 M €1,1 M €875,1 k €644,4 k €409,7 k €232,1 k €245,2 k €597,4 k €686 k €778,5 k €749,3 k €725,9 k €704,4 k €
Cash34,4 k €258,5 k €14,7 k €25,9 k €20 k €14,9 k €3,5 k €1,9 k €2,7 k €118 k €28,1 k €4,5 k €31 €142 €1 €
Debts404,1 €1,3 k €314,6 €617,1 €302,5 €80,3 k €463 k €577,9 k €973 k €973,4 k €972,4 k €968,8 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 11 ended

Active mandates

CREDIMO FINANCE

Director · since 29 juin 2019 · until 28 juin 2025 · 0404.280.657

Represented by Marc Neyens

Active
GROUP EURASCA

Managing director · since 29 juin 2019 · until 28 juin 2025 · 0443.189.931

Represented by Jozef Van Nieuwenhuysen

Active

Ended mandates

CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2018 · 0404.280.657

Represented by Marc Neyens

Ended
CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2018 · 0404.280.657

Represented by Marc Neyens

Ended
CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2019 · 0404.280.657

Represented by Marc Neyens

Ended
CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2018 · 0404.280.657

Represented by Marc Neyens

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/07/202306/07/202206/07/202107/07/202002/07/201918/04/2019
General meeting30/06/202324/06/202225/06/202126/06/202028/06/201929/06/2018
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

31 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202230/06/202318/07/2023DutchPDF
Abridged model31/12/202124/06/202206/07/2022DutchPDF
Abridged model31/12/202025/06/202106/07/2021DutchPDF
Abridged model31/12/201926/06/202007/07/2020DutchPDF
Abridged model31/12/201828/06/201902/07/2019DutchPDF
Abridged model31/12/201729/06/201818/04/2019DutchPDF
Abridged model31/12/201630/06/201730/08/2017DutchPDF
Abridged model31/12/201524/06/201624/08/2016DutchPDF
Abridged model31/12/201426/06/201527/08/2015DutchPDF
Abridged model31/12/201228/06/201324/07/2013DutchPDF
Abridged model31/12/201129/06/201210/07/2012DutchPDF
Abridged model31/12/201024/06/201125/08/2011DutchPDF
Abridged model31/12/200925/06/201028/02/2011DutchPDF
Abridged model31/12/200826/06/200931/08/2009DutchPDF
Abridged model31/12/200727/06/200829/10/2008DutchPDF
Abridged model31/12/200528/06/200620/12/2006DutchPDF
Abridged model31/12/200429/06/200530/11/2005DutchPDF
Abridged modelCorrection31/12/200330/06/200413/09/2004DutchPDF
Abridged model31/12/200330/06/200430/07/2004DutchPDF
Abridged model31/12/200227/06/200303/07/2003DutchPDF
Abridged model31/12/200114/06/200209/07/2002DutchPDF
Abridged model31/12/200015/06/200110/07/2001DutchPDF
Abridged model31/12/199916/06/200004/07/2000DutchPDF
Abridged model31/12/199816/05/200027/06/2000DutchPDF

View all 31 filings

Estimate

Indicative valuation

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 31/12/2022 · 2 active · 11 ended

Active mandates

CREDIMO FINANCE

Director · since 29 juin 2019 · until 28 juin 2025 · 0404.280.657

Represented by Marc Neyens

Active
GROUP EURASCA

Managing director · since 29 juin 2019 · until 28 juin 2025 · 0443.189.931

Represented by Jozef Van Nieuwenhuysen

Active

Ended mandates

CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2018 · 0404.280.657

Represented by Marc Neyens

Ended
CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2018 · 0404.280.657

Represented by Marc Neyens

Ended
CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2019 · 0404.280.657

Represented by Marc Neyens

Ended
CREDIMO FINANCE

Director · since 28 juin 2013 · until 29 juin 2018 · 0404.280.657

Represented by Marc Neyens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution17/07/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/05/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2019
    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. 2022
    Annual accounts 2022399,4 k €
  2. 2021
    Annual accounts 2021341,7 k €
  3. 2020
    Annual accounts 2020256,1 k €
  4. 2019
    Annual accounts 2019222,3 k €
  5. 2018
    Annual accounts 2018229,7 k €
  6. 2017
    Annual accounts 2017235 k €
  7. 2016
    Annual accounts 2016177,3 k €
  8. 2015
    Annual accounts 201592,4 k €
  9. 2014
    Annual accounts 20148,4 k €
  10. 2012
    Annual accounts 201226,3 k €
  11. 2011
    Annual accounts 201140,9 k €
  12. 2010
    Annual accounts 201010,8 k €
  13. 2009
    Annual accounts 20094,9 k €
  14. 2008
    Annual accounts 20085,2 k €
  15. 2007
    Annual accounts 2007327 €