ACTIVE

BELPARFI

Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €+10,8 %over 1 year
Gross margin3,3 M €-24,1 %over 1 year
Equity37,4 M €+6,0 %over 1 year
Workforce7,5 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

BELPARFI is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gent. It employs on average 7,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.180.330
Incorporation
28/02/1991
Legal form
Public limited company
Registered office
Kortrijksepoortstraat 240
9000 Gent · FlandreSee on map
Contributed capital
8 658 500,00 €
Latest accounts
31/12/2025
Average workforce
7,5 ETP
Joint committees (5)
  • 100
  • 1000
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin3,3 M €4,3 M €5,7 M €5,1 M €4,2 M €
EBITDA2,3 M €3,5 M €4,7 M €4 M €3,2 M €
Operating result1,6 M €2,6 M €3,9 M €3 M €2,2 M €
Net result2,1 M €1,9 M €2,8 M €2,1 M €1,4 M €
Balance sheet
Equity37,4 M €35,3 M €33,4 M €30,6 M €28,5 M €
Total assets39,8 M €43,8 M €43,9 M €42,3 M €41,6 M €
Cash503,6 k €230,6 k €322,6 k €1,9 M €172,9 k €
Debts1,6 M €7,7 M €9,7 M €11,4 M €12,9 M €
Other
Workforce7,5 ETP7,8 ETP10,3 ETP12,3 ETP12,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Sonia Baesch
Managing director12/01/2023 → 26/05/2028Director31/05/2013 → 2019 accountsended
Caroline De Poorter
Director26/05/2006 → 26/05/2028
Fréderic Staelens
Director26/05/2017 → 26/05/2028
Philippe Van de Vyvere
Managing director26/05/2006 → 26/05/2028Administrator - manager26/05/2006 → 2006 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marc Marteyn
Director29/05/2009 → 2012 accounts
Marie-Thérèse Van Heyghen
Director29/05/2009 → 2012 accounts

Other companies at this address

Kortrijksepoortstraat 240 9000 Gent
CompanyCBE no.
0425.204.943
CASA RENSON● Active
0861.678.021
0878.166.932
KAVIN● Active
0445.233.265
0423.915.041

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202617/06/202526/06/202420/06/202323/06/202225/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202615/06/2026DutchPDF
Abridged model31/12/202430/05/202517/06/2025DutchPDF
Abridged model31/12/202331/05/202426/06/2024DutchPDF
Abridged model31/12/202226/05/202320/06/2023DutchPDF
Abridged model31/12/202127/05/202223/06/2022DutchPDF
Abridged model31/12/202028/05/202125/06/2021DutchPDF
Abridged model31/12/201929/05/202024/06/2020DutchPDF
Abridged model31/12/201831/05/201925/06/2019DutchPDF
Abridged model31/12/201725/05/201825/06/2018DutchPDF
Abridged model31/12/201626/05/201721/06/2017DutchPDF
Abridged model31/12/201504/04/201604/05/2016DutchPDF
Abridged model31/12/201429/05/201526/06/2015DutchPDF
Abridged model31/12/201330/05/201411/07/2014DutchPDF
Abridged model31/12/201231/05/201318/07/2013DutchPDF
Abridged model31/12/201125/05/201209/07/2012DutchPDF
Abridged model31/12/201027/05/201128/07/2011DutchPDF
Abridged model31/12/200928/05/201005/07/2010DutchPDF
Abridged model31/12/200829/05/200923/07/2009DutchPDF
Abridged model31/12/200730/05/200806/08/2008DutchPDF
Abridged model31/12/200625/05/200724/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Sonia Baesch
Managing director12/01/2023 → 26/05/2028Director31/05/2013 → 2019 accountsended
Caroline De Poorter
Director26/05/2006 → 26/05/2028
Fréderic Staelens
Director26/05/2017 → 26/05/2028
Philippe Van de Vyvere
Managing director26/05/2006 → 26/05/2028Administrator - manager26/05/2006 → 2006 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marc Marteyn
Director29/05/2009 → 2012 accounts
Marie-Thérèse Van Heyghen
Director29/05/2009 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office17/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office16/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/01/2017
    KAPITAAL - AANDELEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
Sonia Baesch
Caroline De Poorter
Fréderic Staelens
Philippe Van de Vyvere
Marie-Thérèse Van Heyghen
Marc Marteyn
19911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
BELPARFIPROPERTIES-INVEST
Kortrijksepoortstraat 240, 9000 GentJules Bordetlaan 160, 1140 Evere
Managing directorDirector
Director
Director
Managing director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kortrijksepoortstraat 240, 9000 GentCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00169891
Alsembergsesteenweg 842, 1180 Uccle
accounts 2023
Accounts 2023 · 2024-00189159
Jules Bordetlaan 160, 1140 Evere
accounts 2021 → 2022
Accounts 2022 · 2023-00149771

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BELPARFICurrent
accounts 2015 → 2025
Accounts 2025 · 2026-00169891
PROPERTIES-INVEST
accounts 2006 → 2014
Accounts 2014 · 2015-23200036

Events

  1. 2025
    Annual accounts 20252,1 M €↑
  2. 2024
    Annual accounts 20241,9 M €↓
  3. 2023
    Annual accounts 20232,8 M €↑
  4. 2022
    Annual accounts 20222,1 M €↑
  5. 2021
    Annual accounts 20211,4 M €↑
  6. 2018
    Annual accounts 2018656,4 k €↓
  7. 2017
    Annual accounts 2017968,2 k €↑
  8. 2015
    Annual accounts 2015205,1 k €↓
  9. 2015
    Name changeBELPARFI
  10. 2014
    Annual accounts 2014344,3 k €↓
  11. 2013
    Annual accounts 2013697,1 k €↑
  12. 2012
    Annual accounts 2012371,8 k €↑
  13. 2011
    Annual accounts 2011237,5 k €↓
  14. 2010
    Annual accounts 2010425,2 k €↑
  15. 2009
    Annual accounts 2009326,9 k €↑
  16. 2008
    Annual accounts 2008-42,4 k €↓
  17. 2007
    Annual accounts 2007227,5 k €↑
  18. 2006
    Annual accounts 2006-17 k €
  19. 28/02/1991
    IncorporationPublic limited company