NORMAL SITUATION

BELHOLDING BELGIUM

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Company — Normal situation.

Financial year 2025 · Closed on 03/11/2025

Net result1,7 M €-98,9 %over 1 year
Equity31 M €+5,8 %over 1 year

Identity

Source · BCE/KBO

BELHOLDING BELGIUM is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.979.661
Legal form
Public limited company
Contributed capital
8 677 368,00 €
Latest accounts
03/11/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflow

Financials

Source · NBB, 33 filings

Trend over 18 financial years

20252024202320222021
Income statement
EBITDA-616,5 k €-52,2 k €-36,5 k €-34,7 k €-22,6 k €
Operating result-616,5 k €-52,2 k €-36,5 k €-34,7 k €-22,6 k €
Net result1,7 M €154 M €527,6 k €47,7 M €-230,7 k €
Balance sheet
Equity31 M €29,3 M €49,9 M €49,3 M €1,6 M €
Total assets31,1 M €203,9 M €49,9 M €49,3 M €30,5 M €
Cash289,3 k €199,3 k €319,6 k €339,5 k €9 k €
Debts99,8 k €174,5 M €–20,8 k €28,9 M €

Board of directors

Source · NBB, accounts to 03/11/2025

4 active · 18 ended

Active mandates

Alexis Demarcq

Director · since 07 juin 2023 · until 03 novembre 2025

Active
Denis Dalibot

Director · since 07 juin 2023 · until 03 novembre 2025

Active
Gil Denis

Director · since 07 juin 2023 · until 03 novembre 2025

Active
John Mertens de Wilmars

Managing director · since 07 juin 2023 · until 03 novembre 2025

Active

Ended mandates

Alexis Demarcq

Director · since 07 juin 2023 · until 03 juin 2026

Ended
Denis Dalibot

Director · since 07 juin 2023 · until 03 juin 2026

Ended
Gil Denis

Director · since 07 juin 2023 · until 03 juin 2026

Ended
John Mertens de Wilmars

Managing director · since 07 juin 2023 · until 03 juin 2026

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year03/11/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year11 months12 months12 months12 months12 months12 months
Filing date09/07/202601/07/202503/07/202420/07/202307/06/202222/06/2021
General meeting30/06/202604/06/202505/06/202407/06/202301/06/202202/06/2021
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, 33 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model03/11/202530/06/202609/07/2026FrenchPDF
Full model31/12/202404/06/202501/07/2025FrenchPDF
Full model31/12/202305/06/202403/07/2024FrenchPDF
Full model31/12/202207/06/202320/07/2023FrenchPDF
Full model31/12/202101/06/202207/06/2022FrenchPDF
Full model31/12/202002/06/202122/06/2021FrenchPDF
Full model31/12/201903/06/202030/07/2020FrenchPDF
Full model31/12/201805/06/201930/07/2019FrenchPDF
Full model31/12/201706/06/201824/07/2018FrenchPDF
Full model31/12/201607/06/201727/06/2017FrenchPDF
Full model31/12/201501/06/201607/07/2016FrenchPDF
Full model31/12/201403/06/201512/07/2015FrenchPDF
Full model31/12/201304/06/201404/07/2014FrenchPDF
Full model31/12/201205/06/201304/07/2013FrenchPDF
Full model31/12/201106/06/201206/07/2012FrenchPDF
Full model31/12/201001/06/201120/06/2011FrenchPDF
Full model31/12/200902/06/201009/07/2010FrenchPDF
Full model31/12/200803/06/200930/07/2009FrenchPDF
Full model31/12/200704/06/200826/06/2008FrenchPDF
Full model31/12/200606/06/200728/06/2007FrenchPDF
Full model31/12/200507/06/200607/08/2006FrenchPDF
Full model31/12/200401/06/200506/07/2005FrenchPDF
Full model31/12/200302/06/200405/07/2004FrenchPDF
Full model31/12/200204/06/200301/07/2003FrenchPDF

View all 33 filings

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.

Board of directors

Source · NBB, accounts to 03/11/2025

4 active · 18 ended

Active mandates

Alexis Demarcq

Director · since 07 juin 2023 · until 03 novembre 2025

Active
Denis Dalibot

Director · since 07 juin 2023 · until 03 novembre 2025

Active
Gil Denis

Director · since 07 juin 2023 · until 03 novembre 2025

Active
John Mertens de Wilmars

Managing director · since 07 juin 2023 · until 03 novembre 2025

Active

Ended mandates

Alexis Demarcq

Director · since 07 juin 2023 · until 03 juin 2026

Ended
Denis Dalibot

Director · since 07 juin 2023 · until 03 juin 2026

Ended
Gil Denis

Director · since 07 juin 2023 · until 03 juin 2026

Ended
John Mertens de Wilmars

Managing director · since 07 juin 2023 · until 03 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring22/12/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring27/11/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates02/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring31/07/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Other31/07/2025
    DIVERS
    PDF
  • Mandates02/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates10/08/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,7 M €↓
  2. 2024
    Annual accounts 2024154 M €↑
  3. 2023
    Annual accounts 2023527,6 k €↓
  4. 2022
    Annual accounts 202247,7 M €↑
  5. 2021
    Annual accounts 2021-230,7 k €↑
  6. 2020
    Annual accounts 2020-248,5 k €↑
  7. 2019
    Annual accounts 2019-334,4 k €↑
  8. 2018
    Annual accounts 2018-347 k €↑
  9. 2017
    Annual accounts 2017-815,5 k €↓
  10. 2016
    Annual accounts 2016-791,1 k €↓
  11. 2015
    Annual accounts 2015-766 k €↑
  12. 2014
    Annual accounts 2014-798,5 k €↓
  13. 2013
    Annual accounts 2013-611,3 k €↑
  14. 2012
    Annual accounts 2012-653,8 k €↑
  15. 2011
    Annual accounts 2011-724,9 k €↓
  16. 2010
    Annual accounts 2010-571,4 k €↓
  17. 2009
    Annual accounts 20091 M €↑
  18. 2008
    Annual accounts 2008-244,3 k €