NORMAL SITUATION

Belnap

Financial year 2023 · closed on 31/01/2023
Net result
-251,9 k €
-213.7% YoY
Gross margin
102,8 k €
-61.7% YoY
Equity
-403,5 k €
-166.1% YoY
Workforce
9,0 ETP
+2.3% YoY

Company — Normal situation.

What does Belnap do?

Belnap is a company registered in Belgium. It employs on average 9,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.645.694
Legal form
Private limited company
Contributed capital
30 986,69 €
Latest accounts
31/01/2023
Average workforce
9,0 ETP
Joint committees (1)
  • 201
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin102,8 k €268,5 k €159,8 k €335,3 k €307,2 k €265,3 k €96,2 k €74,1 k €62,6 k €39,9 k €76,2 k €88,4 k €80,6 k €86,4 k €80,9 k €121,3 k €
EBITDA-228 k €-59,4 k €-125 k €31,2 k €26,5 k €22,8 k €7,2 k €279 €-32,8 k €-36,2 k €13,4 k €11,9 k €12,6 k €19,9 k €9,8 k €9,8 k €
Operating result-236,9 k €-68,1 k €-132,7 k €24,3 k €20 k €16,2 k €6,2 k €-3,7 k €-36,7 k €-40,1 k €8,5 k €7,3 k €8 k €15,9 k €5,2 k €5,5 k €
Net result-251,9 k €-80,3 k €-152,9 k €1,3 k €610,1 €2,6 k €2,6 k €-9,7 k €49,4 k €-45,2 k €3,1 k €3,2 k €2,4 k €8,8 k €302,9 €225,1 €
Balance sheet
Equity-403,5 k €-151,7 k €-71,4 k €81,5 k €80,2 k €79,6 k €77 k €74,4 k €84,1 k €34,6 k €79,8 k €76,7 k €73,6 k €71,2 k €62,4 k €62,1 k €
Total assets364 k €570,2 k €638,3 k €677,7 k €691,4 k €671 k €302,4 k €265,1 k €234,4 k €196,3 k €257,3 k €245,9 k €205,4 k €214,4 k €314,3 k €244,7 k €
Cash114,3 k €229,1 k €203 k €154,1 k €299,5 k €284,8 k €77,1 k €58,3 k €60,4 k €19,1 k €64,1 k €43,2 k €34 k €7 k €2,3 k €6,5 k €
Debts767,5 k €721,9 k €709,7 k €595,7 k €611 k €591,4 k €225,4 k €190,7 k €150,3 k €161,6 k €177,5 k €169,2 k €131,8 k €143,2 k €251,9 k €182,6 k €
Other
Workforce9,0 ETP8,8 ETP9,3 ETP8,2 ETP8,3 ETP3,4 ETP3,4 ETP3,4 ETP3,4 ETP3,3 ETP3,3 ETP3,3 ETP3,3 ETP4,1 ETP
Governance

Board of directors

Seen on filing of 31/01/2023 · 1 active · 13 ended

Active mandates

Continental Decotrade

Director · since 31 mars 2020 · 0455.659.874

Represented by Dirk Van Oost

Active

Ended mandates

Continental Decotrade

Director · since 31 mars 2020 · 0455.659.874

Represented by Dirk Van Oost

Ended
Vanhove BVBA

Director · since 31 janvier 2017 · until 30 septembre 2019 · 0438.060.512

Represented by Dirk Van Oost

Ended
Vanhove BVBA

Director · since 31 janvier 2017 · until 26 juin 2022 · 0438.060.512

Represented by Dirk Van Oost

Ended
Continental Decotrade

Director · since 27 juin 2016 · until 31 mars 2020 · 0455.659.874

Represented by Dirk Van Oost

Ended
Annual accounts

Full financial information

202320222021201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/02/202201/02/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/01/202331/01/202231/01/202131/12/201931/12/201831/12/2017
Length of the financial year12 months12 months13 months12 months12 months12 months
Filing date24/08/202319/08/202231/08/202129/07/202029/07/201926/07/2018
General meeting22/08/202327/06/202228/06/202129/06/202024/06/201925/06/2018
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

30 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/01/202322/08/202324/08/2023DutchPDF
Abridged model31/01/202227/06/202219/08/2022DutchPDF
Abridged model31/01/202128/06/202131/08/2021DutchPDF
Abridged model31/12/201929/06/202029/07/2020DutchPDF
Abridged model31/12/201824/06/201929/07/2019DutchPDF
Micro model31/12/201725/06/201826/07/2018DutchPDF
Micro model31/12/201626/06/201727/07/2017DutchPDF
Abridged model31/12/201527/06/201612/08/2016DutchPDF
Abridged model31/12/201429/06/201529/09/2015DutchPDF
Abridged model31/12/201330/06/201429/09/2014DutchPDF
Abridged model31/12/201224/06/201302/07/2013DutchPDF
Abridged model31/12/201125/06/201205/07/2012DutchPDF
Abridged model31/12/201027/06/201128/06/2011DutchPDF
Abridged model31/12/200928/06/201007/07/2010DutchPDF
Abridged model31/12/200829/06/200928/12/2009DutchPDF
Abridged model31/12/200730/06/200827/01/2009DutchPDF
Abridged model31/12/200625/06/200731/08/2007DutchPDF
Abridged model31/12/200526/06/200610/04/2007DutchPDF
Abridged model31/12/200427/06/200530/09/2005DutchPDF
Abridged model31/12/200323/06/200431/12/2004DutchPDF
Abridged model31/12/200223/06/200314/06/2004DutchPDF
Abridged model31/12/200124/06/200210/12/2002DutchPDF
Abridged model31/12/200025/06/200110/12/2002DutchPDF
Abridged model31/12/199925/06/200030/05/2001DutchPDF

View all 30 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 31/01/2023 · 1 active · 13 ended

Active mandates

Continental Decotrade

Director · since 31 mars 2020 · 0455.659.874

Represented by Dirk Van Oost

Active

Ended mandates

Continental Decotrade

Director · since 31 mars 2020 · 0455.659.874

Represented by Dirk Van Oost

Ended
Vanhove BVBA

Director · since 31 janvier 2017 · until 30 septembre 2019 · 0438.060.512

Represented by Dirk Van Oost

Ended
Vanhove BVBA

Director · since 31 janvier 2017 · until 26 juin 2022 · 0438.060.512

Represented by Dirk Van Oost

Ended
Continental Decotrade

Director · since 27 juin 2016 · until 31 mars 2020 · 0455.659.874

Represented by Dirk Van Oost

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-251,9 k €
  2. 2022
    Annual accounts 2022-80,3 k €
  3. 2021
    Annual accounts 2021-152,9 k €
  4. 2019
    Annual accounts 20191,3 k €
  5. 2018
    Annual accounts 2018610,1 €
  6. 2017
    Annual accounts 20172,6 k €
  7. 2016
    Annual accounts 20162,6 k €
  8. 2015
    Annual accounts 2015-9,7 k €
  9. 2014
    Annual accounts 201449,4 k €
  10. 2013
    Annual accounts 2013-45,2 k €
  11. 2012
    Annual accounts 20123,1 k €
  12. 2011
    Annual accounts 20113,2 k €
  13. 2010
    Annual accounts 20102,4 k €
  14. 2009
    Annual accounts 20098,8 k €
  15. 2008
    Annual accounts 2008302,9 €
  16. 2007
    Annual accounts 2007225,1 €