ACTIVE

BELRAM

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Financial year 2025 · closed on 31/12/2025

Net result

273,4 k €

-45.8% YoY

Gross margin

959,6 k €

-27.9% YoY

Equity

2,4 M €

+13.1% YoY

Workforce

531 652,3 ETP

What does BELRAM do?

BELRAM is a Public limited company incorporated in 1992. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Auderghem. It employs on average 531 652,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.149.511

Incorporation

25/03/1992

Legal form

Public limited company

Registered office

Chaussée de Wavre 1600
1160 Auderghem · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

531 652,3 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46693Wholesale of other machinery and equipment 90023Support activities to performing arts 90393Creative, arts and entertainment activities 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment+8

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	959,6 k €	-27.9%	1,3 M €	-17.9%	1,6 M €	+17.4%	1,4 M €	+30.5%	1,1 M €	-27.5%	1,5 M €	+37.9%	1,1 M €	-5.1%	1,1 M €	+291%	285,1 k €	+12.5%	253,3 k €	-8.1%	275,8 k €	-10.7%	308,7 k €	+12.6%	274,2 k €	+36.1%	201,5 k €	+134%	86,2 k €	-60.5%	218,4 k €	-24.4%	288,9 k €	+97.4%	146,4 k €
EBITDA	405,1 k €	-49.0%	793,8 k €	-6.0%	844,9 k €	+26.9%	665,8 k €	+62.0%	410,9 k €	-42.6%	716 k €	+106%	347,2 k €	-12.7%	397,5 k €	+40.0%	283,9 k €	+12.6%	252,2 k €	-8.3%	274,9 k €	-3.5%	284,9 k €	+5.0%	271,4 k €	+35.7%	199,9 k €	+140%	83,2 k €	-61.7%	217,2 k €	-24.5%	287,7 k €	+114%	134,6 k €
Operating result	372 k €	-51.0%	758,5 k €	-9.4%	837,2 k €	+34.4%	623 k €	+59.3%	391,1 k €	-43.0%	686 k €	+124%	305,8 k €	-16.5%	366,1 k €	+41.9%	257,9 k €	+7.5%	239,9 k €	-4.6%	251,4 k €	-9.4%	277,7 k €	+20.6%	230,3 k €	+50.6%	152,9 k €	+154%	60,2 k €	-69.7%	198,7 k €	-22.7%	257 k €	+146%	104,3 k €
Net result	273,4 k €	-45.8%	504,2 k €	-14.5%	589,7 k €	+36.6%	431,9 k €	+60.6%	268,9 k €	-37.1%	427,6 k €	+162%	163,1 k €	-10.4%	182 k €	+37.1%	132,7 k €	+23.9%	107,1 k €	-17.5%	129,8 k €	+2.5%	126,6 k €	-9.4%	139,8 k €	+131%	60,5 k €	+331%	-26,2 k €	-131%	85,5 k €	-42.1%	147,6 k €	+365%	31,7 k €
Balance sheet
Equity	2,4 M €	+13.1%	2,1 M €	+31.8%	1,6 M €	+4.1%	1,5 M €	+15.8%	1,3 M €	+2.9%	1,3 M €	+34.4%	953,4 k €	+16.8%	816,5 k €	+8.2%	754,5 k €	+21.4%	621,7 k €	+20.8%	514,6 k €	+1.5%	507,1 k €	+33.3%	380,4 k €	+58.1%	240,6 k €	+33.6%	180,2 k €	-46.7%	338,4 k €	+33.8%	252,9 k €	+140%	105,3 k €
Total assets	2,8 M €	+15.9%	2,4 M €	-5.6%	2,5 M €	+12.7%	2,2 M €	+27.6%	1,7 M €	+8.3%	1,6 M €	+8.8%	1,5 M €	-3.6%	1,5 M €	+17.7%	1,3 M €	+12.8%	1,2 M €	+7.8%	1,1 M €	-11.1%	1,2 M €	+7.5%	1,1 M €	+3.3%	1,1 M €	+1.8%	1,1 M €	-7.0%	1,2 M €	+2.4%	1,1 M €	+9.0%	1 M €
Cash	142,7 k €	-76.8%	614,7 k €	+2888%	20,6 k €	-48.7%	40,1 k €	-81.0%	211,4 k €	+109%	101,1 k €	+35.4%	74,6 k €	-69.7%	246 k €	+61.1%	152,7 k €	+20.0%	127,2 k €	+96.1%	64,9 k €	-64.0%	180,2 k €	+89.3%	95,2 k €	-15.6%	112,8 k €	-12.3%	128,7 k €	-0.2%	128,9 k €	+110%	61,4 k €	+38.7%	44,3 k €
Debts	386,3 k €	+38.8%	278,3 k €	-69.9%	925,8 k €	+31.5%	704,1 k €	+63.7%	430,1 k €	+29.2%	332,9 k €	-36.9%	527,9 k €	-26.7%	720,5 k €	+30.8%	550,9 k €	+2.9%	535,4 k €	-4.1%	558,3 k €	-20.3%	700,5 k €	-5.6%	742,2 k €	-12.4%	847,5 k €	-4.8%	890,2 k €	+9.8%	811,1 k €	-6.6%	868,2 k €	-5.8%	922 k €
Other
Workforce	531 652,3 ETP		–		–		7,5 ETP		–		9,8 ETP	+11.4%	8,8 ETP	+14.3%	7,7 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 31/12/2025 · 4 active · 27 ended

Active mandates

Alexis Zveny

Director · since 27 mai 2022 · until 26 mai 2028

Active

BELTRADI

Director · since 27 mai 2022 · until 26 mai 2028 · 0405.671.321

Represented by Zveny PAUL

Active

Dimitri Zveny

Director · since 27 mai 2022 · until 26 mai 2028

Active

Jade Zveny

Director · since 27 mai 2022 · until 26 mai 2028

Active

Ended mandates

BELTRADI

Managing director · since 01 juillet 2016 · until 27 mai 2022 · 0405.671.321

Represented by Paul ZVENY

Ended

BELTRADI

Managing director · since 01 juillet 2016 · until 27 mai 2022 · 0405.671.321

Represented by Paul ZVENY

Ended

BELTRADI

Director · since 01 juillet 2016 · until 27 mai 2022 · 0405.671.321

Represented by Zveny Paul

Ended

Alexis Zveny

Director · since 02 juin 2016 · until 27 mai 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	17/04/2026	16/07/2025	09/09/2024	10/07/2023	30/08/2022	30/08/2021
General meeting	20/03/2026	30/06/2025	31/07/2024	26/05/2023	27/05/2022	28/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/03/2026	17/04/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	16/07/2025	French	PDF
Abridged model	31/12/2023	31/07/2024	09/09/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	10/07/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	16/06/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	24/06/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	25/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	19/07/2017	French	PDF
Abridged model	31/12/2015	02/06/2016	20/06/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	22/07/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	20/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	12/07/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	18/06/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	18/08/2008	French	PDF
Abridged model	31/12/2006	07/05/2007	22/06/2007	French	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 31/12/2025 · 4 active · 27 ended

Active mandates

Alexis Zveny

Director · since 27 mai 2022 · until 26 mai 2028

Active

BELTRADI

Director · since 27 mai 2022 · until 26 mai 2028 · 0405.671.321

Represented by Zveny PAUL

Active

Dimitri Zveny

Director · since 27 mai 2022 · until 26 mai 2028

Active

Jade Zveny

Director · since 27 mai 2022 · until 26 mai 2028

Active

Ended mandates

BELTRADI

Managing director · since 01 juillet 2016 · until 27 mai 2022 · 0405.671.321

Represented by Paul ZVENY

Ended

BELTRADI

Managing director · since 01 juillet 2016 · until 27 mai 2022 · 0405.671.321

Represented by Paul ZVENY

Ended

BELTRADI

Director · since 01 juillet 2016 · until 27 mai 2022 · 0405.671.321

Represented by Zveny Paul

Ended

Alexis Zveny

Director · since 02 juin 2016 · until 27 mai 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates04/08/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates08/05/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares04/12/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring28/01/2013
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring26/11/2012
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates29/10/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates18/12/2008
DEMISSIONS, NOMINATIONS
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 2025273,4 k €↓
2024
Annual accounts 2024504,2 k €↓
2023
Annual accounts 2023589,7 k €↑
2022
Annual accounts 2022431,9 k €↑
2021
Annual accounts 2021268,9 k €↓
2018
Annual accounts 2018427,6 k €↑
2017
Annual accounts 2017163,1 k €↓
2016
Annual accounts 2016182 k €↑
2015
Annual accounts 2015132,7 k €↑
2014
Annual accounts 2014107,1 k €↓
2013
Annual accounts 2013129,8 k €↑
2012
Annual accounts 2012126,6 k €↓
2011
Annual accounts 2011139,8 k €↑
2010
Annual accounts 201060,5 k €↑
2009
Annual accounts 2009-26,2 k €↓
2008
Annual accounts 200885,5 k €↓
2007
Annual accounts 2007147,6 k €↑
2006
Annual accounts 200631,7 k €
25/03/1992
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

BELRAM

Overview

What does BELRAM do?

Trend over 18 financial years

Indicative valuation

Board of directors

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