BELFAS
0450.674.668 · rovalta.com · 23/09/2026
ACTIVE
BELFAS
Financial year 2025 · closed on 30/09/2025
Net result
9,2 k €
-94.7% YoY
Gross margin
8,5 k €
-96.2% YoY
Equity
-68,2 k €
+11.9% YoY
Workforce
0,0 ETP
Overview
What does BELFAS do?
BELFAS is a Private limited company incorporated in 1993. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Koksijde.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0450.674.668
Incorporation
10/08/1993
Legal form
Private limited company
Registered office
Witte Burg(Odk) 40
8670 Koksijde · FlandreSee on map
8670 Koksijde · FlandreSee on map
Contributed capital
55 776,04 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Activities (NACE)
47400Retail sale of information and communication equipment in specialised stores· main47410Retail sale of computers, peripheral units and software in specialised stores70111Activities of head offices41101Development of building projects62020Computer consultancy activities62200Computer programming, consultancy and related activities+1
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 8,5 k € | -96.2% | 224,7 k € | +3402% | 6,4 k € | -98.3% | 381,3 k € | +4661% | -8,4 k € | -126% | 32,7 k € | +142% | -76,9 k € | -917% | -7,6 k € | -66.9% | -4,5 k € | -105% | 96,2 k € | +1616% | -6,3 k € | -505% | 1,6 k € | +153% | -3 k € | +32.8% | -4,4 k € | -162% | -1,7 k € | +53.2% | -3,6 k € | -81.0% | -2 k € |
| EBITDA | 8,3 k € | -95.9% | 202,4 k € | +3111% | 6,3 k € | -98.3% | 380,4 k € | +330% | -165,6 k € | -614% | 32,2 k € | +141% | -78,2 k € | -794% | -8,7 k € | -53.2% | -5,7 k € | -106% | 95 k € | +1164% | -8,9 k € | -1959% | 480,4 € | +112% | -3,9 k € | +32.6% | -5,8 k € | -166% | -2,2 k € | +46.8% | -4,1 k € | -66.4% | -2,5 k € |
| Operating result | 7,7 k € | -96.2% | 202,1 k € | +3105% | 6,3 k € | -97.7% | 279 k € | +204% | -267,1 k € | -286% | -69,2 k € | +11.4% | -78,2 k € | -794% | -8,7 k € | -53.2% | -5,7 k € | -106% | 95 k € | +1164% | -8,9 k € | -1959% | 480,4 € | +112% | -3,9 k € | +32.6% | -5,8 k € | -166% | -2,2 k € | +46.8% | -4,1 k € | -66.4% | -2,5 k € |
| Net result | 9,2 k € | -94.7% | 172,4 k € | +5611% | 3 k € | -98.8% | 255,6 k € | +128% | 112,2 k € | +252% | -73,8 k € | +16.6% | -88,6 k € | -1735% | -4,8 k € | +65.0% | -13,8 k € | -116% | 85,7 k € | +448% | -24,6 k € | +16.3% | -29,4 k € | +63.2% | -80 k € | -35.3% | -59,1 k € | +37.9% | -95,1 k € | -505% | -15,7 k € | -357% | -3,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | -68,2 k € | +11.9% | -77,4 k € | +69.0% | -249,7 k € | +1.2% | -252,7 k € | +50.3% | -508,4 k € | -33.0% | -382,2 k € | -23.9% | -308,3 k € | -40.3% | -219,8 k € | -2.2% | -214,9 k € | -6.9% | -201,1 k € | +29.9% | -286,8 k € | -9.4% | -262,2 k € | -12.6% | -232,8 k € | -52.3% | -152,8 k € | -63.1% | -93,7 k € | -6548% | 1,5 k € | -91.5% | 17,2 k € |
| Total assets | 121 k € | -38.1% | 195,5 k € | +533% | 30,9 k € | -6.3% | 32,9 k € | -78.9% | 156,3 k € | -73.3% | 584,7 k € | +19.0% | 491,4 k € | -7.9% | 533,5 k € | -21.6% | 680,8 k € | +0.0% | 680,6 k € | -75.5% | 2,8 M € | -0.8% | 2,8 M € | -3.0% | 2,9 M € | +7.3% | 2,7 M € | +35.8% | 2 M € | +47.2% | 1,3 M € | +204% | 442,8 k € |
| Cash | 25,5 k € | +1045% | 2,2 k € | -69.1% | 7,2 k € | -77.9% | 32,6 k € | -6.4% | 34,8 k € | -65.7% | 101,6 k € | -36.4% | 159,7 k € | +9296% | 1,7 k € | – | 5 k € | -88.4% | 43,4 k € | +1074% | 3,7 k € | -98.0% | 180,3 k € | +1535% | 11 k € | +4.0% | 10,6 k € | -65.4% | 30,7 k € | -81.0% | 161,3 k € | ||
| Debts | 189,2 k € | -30.7% | 272,8 k € | -2.8% | 280,6 k € | -1.8% | 285,7 k € | -57.0% | 664,7 k € | -31.3% | 966,8 k € | +20.9% | 799,7 k € | +6.2% | 753,2 k € | -15.9% | 895,7 k € | +1.6% | 881,7 k € | -71.2% | 3,1 M € | +0.1% | 3,1 M € | -1.1% | 3,1 M € | +9.8% | 2,8 M € | +37.4% | 2,1 M € | +52.7% | 1,3 M € | +216% | 425,6 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 17 ended
Active mandates
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BRICKS INVEST● Active | 0869.989.040 |
BRICKS PROJECTS● Active | 0892.178.680 |
DEVAN HOLDING● Active | 0548.676.441 |
HireX● Active | 1042.290.932 |
Knokke Off● Active | 1008.629.160 |
KOBE PROJECTS● Active | 0478.048.761 |
LUX LIVING● Active | 0892.176.702 |
SEA LINE PROMOTIONS● Active | 0872.475.507 |
SUN 4 ALL● Active | 0829.036.828 |
WITTE BURG● Active | 0758.592.755 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Micro model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/04/2026 | 09/04/2025 | 15/04/2024 | 26/04/2023 | 28/04/2022 | 06/04/2021 |
| General meeting | 31/03/2026 | 15/03/2025 | 16/03/2024 | 24/02/2023 | 26/02/2022 | 30/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 31/03/2026 | 27/04/2026 | Dutch | |
| Abridged model | 30/09/2024 | 15/03/2025 | 09/04/2025 | Dutch | |
| Abridged model | 30/09/2023 | 16/03/2024 | 15/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 24/02/2023 | 26/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 26/02/2022 | 28/04/2022 | Dutch | |
| Abridged model | 30/09/2020 | 30/03/2021 | 06/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 05/03/2020 | 20/05/2021 | Dutch | |
| Abridged model | 30/09/2018 | 29/03/2019 | 29/03/2019 | Dutch | |
| Abridged model | 30/09/2017 | 24/02/2018 | 23/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 25/02/2017 | 22/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 27/02/2016 | 01/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 28/02/2015 | 31/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 22/02/2014 | 24/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 23/02/2013 | 01/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 25/02/2012 | 28/02/2012 | Dutch | |
| Abridged model | 30/09/2010 | 26/02/2011 | 02/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 27/02/2010 | 16/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 28/02/2009 | 17/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 23/02/2008 | 17/03/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 17 ended
Active mandates
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates21/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Other03/04/2018STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates13/12/2016MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates17/08/2007MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates14/12/2006MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - BOEKJAAR - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20259,2 k €↓
- 2024Annual accounts 2024172,4 k €↑
- 2023Annual accounts 20233 k €↓
- 2022Annual accounts 2022255,6 k €↑
- 2021Annual accounts 2021112,2 k €↑
- 2018Annual accounts 2018-73,8 k €↑
- 2017Annual accounts 2017-88,6 k €↓
- 2016Annual accounts 2016-4,8 k €↑
- 2015Annual accounts 2015-13,8 k €↓
- 2014Annual accounts 201485,7 k €↑
- 2013Annual accounts 2013-24,6 k €↑
- 2012Annual accounts 2012-29,4 k €↑
- 2011Annual accounts 2011-80 k €↓
- 2010Annual accounts 2010-59,1 k €↑
- 2009Annual accounts 2009-95,1 k €↓
- 2008Annual accounts 2008-15,7 k €↓
- 2007Annual accounts 2007-3,4 k €
- 10/08/1993IncorporationPrivate limited company