ACTIVE

BELSTARS

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Financial year 2025 · Closed on 31/12/2025

Net result-159,7 k €-20,0 %over 1 year

Gross margin-36,7 k €-53,0 %over 1 year

Equity-533,7 k €-42,7 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

BELSTARS is a Public limited company incorporated in 1992. Its registered office is in Lommel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.130.694
Incorporation: 31/08/1992
Legal form: Public limited company
Registered office: Luikersteenweg 313A
3920 Lommel · FlandreSee on map
Contributed capital: 124 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Joint committees (1)

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-36,7 k €	-53.0%	-24 k €	+29.4%	-33,9 k €	-41.7%	-23,9 k €	-115%	165 k €
EBITDA	-71,2 k €	-41.2%	-50,4 k €	+13.5%	-58,3 k €	-110%	-27,7 k €	+43.7%	-49,3 k €
Operating result	-104,7 k €	-28.0%	-81,8 k €	-17.0%	-69,9 k €	-110%	-33,2 k €	+33.8%	-50,2 k €
Net result	-159,7 k €	-20.0%	-133,1 k €	-16.8%	-114 k €	-70.1%	-67 k €	-8.5%	-61,8 k €
Balance sheet
Equity	-533,7 k €	-42.7%	-374,1 k €	-55.2%	-240,9 k €	-89.8%	-127 k €	-112%	-60 k €
Total assets	1,7 M €	+0.6%	1,7 M €	+0.6%	1,6 M €	+35.5%	1,2 M €	+22.2%	995,4 k €
Cash	0 €	-100%	48,4 €	+1.9%	47,5 €	-92.1%	602,5 €	-67.2%	1,8 k €
Debts	2,2 M €	+8.4%	2 M €	+7.6%	1,9 M €	+44.2%	1,3 M €	+25.2%	1 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Unique Vastgoed0675.895.109Represented by Peter GILLIS	Managing directorsince 07/09/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Inge Gillis	Director07/09/2021 → 2023 accounts
Laurent Van Duffel	Director28/09/2020 → 07/09/2021
Noordhoek0423.096.182Represented by Houpelyne Sandra	Director28/09/2020 → 2020 accounts

Other companies at this address

Luikersteenweg 313A 3920 Lommel

Company	CBE no.
Camping Parelstrand● Active	0458.619.166
CLUB SON● Active	0455.368.577
DELITAN● Active	1029.967.477

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	21/09/2026	26/09/2025	28/08/2024	28/08/2023	29/09/2022	09/09/2021
General meeting	31/08/2026	24/09/2025	31/07/2024	31/07/2023	07/06/2022	07/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	21/09/2026	Dutch	PDF
Abridged model	31/12/2024	24/09/2025	26/09/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	29/09/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	09/09/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	20/10/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	06/12/2018	15/02/2019	Dutch	PDF
Micro model	31/12/2016	06/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	30/10/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	22/10/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	30/08/2007	Dutch	PDF

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 31/12/2025

1 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Unique Vastgoed0675.895.109Represented by Peter GILLIS	Managing directorsince 07/09/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Inge Gillis	Director07/09/2021 → 2023 accounts
Laurent Van Duffel	Director28/09/2020 → 07/09/2021
Noordhoek0423.096.182Represented by Houpelyne Sandra	Director28/09/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2004
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Unique Vastgoed

Inge Gillis

Noordhoek

Laurent Van Duffel

MGX FINANCE

C.V.O.A. MGX Finance

Erik Van Duffel

JOHANNES KLUIJTMANS

ESTHER KLUIJTMANS

GERTRUDA VERBERNE

CONRAD VAN ZON

TOINE DE GOEDE

Show the 2 other mandates

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BELSTARS

Catharinadal 3, 3930 Hamont-Achel

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Luikersteenweg 313A, 3920 LommelCurrent		CBE
Catharinadal 3, 3930 Hamont-Achel	accounts 2025	Accounts 2025 · 2026-00518001
Luikersteenweg 313A, 3920 Lommel	accounts 2024	Accounts 2024 · 2025-00517334
Catharinadal 3, 3930 Hamont-Achel	accounts 2021 → 2023	Accounts 2023 · 2024-00398640

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BELSTARSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00518001

Events

2025
Annual accounts 2025-159,7 k €↓
2024
Annual accounts 2024-133,1 k €↓
2023
Annual accounts 2023-114 k €↓
2022
Annual accounts 2022-67 k €↓
2021
Annual accounts 2021-61,8 k €↓
2018
Annual accounts 201816,4 k €↓
2017
Annual accounts 201730,1 k €↑
2016
Annual accounts 2016-9,8 k €↓
2015
Annual accounts 201529,3 k €↑
2014
Annual accounts 20141,3 k €↑
2013
Annual accounts 2013-36,3 k €↓
2012
Annual accounts 2012-3,7 k €↑
2011
Annual accounts 2011-110,6 k €↓
2010
Annual accounts 2010204,3 k €↑
2009
Annual accounts 2009-148,3 k €↓
2008
Annual accounts 2008147,9 k €↑
2007
Annual accounts 2007-256,6 k €↓
2006
Annual accounts 2006-111,3 k €
31/08/1992
IncorporationPublic limited company

BELSTARS

Overview

Identity

Financials

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events