NORMAL SITUATION

ESPACE BELLIARD

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Financial year 2025 · closed on 30/06/2025

Net result

7,8 k €

-88.2% YoY

Gross margin

-9,8 k €

-124.8% YoY

Equity

1,2 M €

+0.7% YoY

Company — Normal situation.

What does ESPACE BELLIARD do?

ESPACE BELLIARD is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.821.833

Legal form

Public limited company

Contributed capital

950 000,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-9,8 k €	-125%	39,4 k €	+487%	-10,2 k €	-111%	92,2 k €	-88.8%	824,7 k €	+7.2%	769,5 k €	+195%	260,5 k €	+78.8%	145,7 k €	+2135%	-7,2 k €		–		–		–		–		–		–		–		38 k €	+112%	17,9 k €	+220%	-14,9 k €	-227%	11,8 k €
EBITDA	-9,8 k €	-125%	38,4 k €	+445%	-11,2 k €	-112%	91,3 k €	-88.9%	823,8 k €	+7.2%	768,6 k €	+196%	259,6 k €	+2870%	-9,4 k €	-16.8%	-8 k €	-101%	887,1 k €	+1278%	64,4 k €	+0.2%	64,2 k €	+21.8%	52,7 k €	+3.3%	51,1 k €	+69.1%	30,2 k €	-45.9%	55,8 k €	+73.8%	32,1 k €	+102%	15,9 k €	+188%	-18,1 k €	-11754%	-153 €
Operating result	-9,8 k €	-125%	38,4 k €	+445%	-11,2 k €	-112%	90,8 k €	-89.0%	823,8 k €	+7.2%	768,6 k €	+196%	259,6 k €	+2870%	-9,4 k €	-16.8%	-8 k €	-101%	887,1 k €	+2901%	29,6 k €	-2.5%	30,3 k €	+45.4%	20,8 k €	+7.2%	19,4 k €	+180%	-24,3 k €	-196%	25,4 k €	+3164%	777,7 €	+105%	-16,1 k €	+67.4%	-49,5 k €	-5.0%	-47,1 k €
Net result	7,8 k €	-88.2%	65,6 k €	+77.6%	37 k €	-65.9%	108,4 k €	-82.4%	617 k €	+7.3%	574,9 k €	+216%	181,8 k €	+1928%	-9,9 k €	-643%	-1,3 k €	-100%	800,5 k €	+2380%	32,3 k €	+2.0%	31,7 k €	+48.5%	21,3 k €	+10.5%	19,3 k €	+248%	-13,1 k €	-142%	30,9 k €	+98.5%	15,6 k €	-30.3%	22,3 k €	-73.3%	83,5 k €	+287%	-44,6 k €
Balance sheet
Equity	1,2 M €	+0.7%	1,2 M €	+5.9%	1,1 M €	+3.4%	1,1 M €	-62.5%	2,9 M €	+27.4%	2,2 M €	+34.3%	1,7 M €	+12.2%	1,5 M €	-0.7%	1,5 M €	-0.3%	1,5 M €	+113%	705,8 k €	+4.8%	673,5 k €	+4.9%	641,8 k €	+3.4%	620,5 k €	+3.2%	601,2 k €	-63.0%	1,6 M €	+1.9%	1,6 M €	+1.0%	1,6 M €	+1.4%	1,6 M €	+5.7%	1,5 M €
Total assets	1,2 M €	+1.3%	1,2 M €	+3.0%	1,1 M €	-62.5%	3,1 M €	+3.7%	3 M €	+24.1%	2,4 M €	-39.1%	3,9 M €	+7.2%	3,6 M €	+129%	1,6 M €	-2.1%	1,6 M €	+122%	732,3 k €	+5.1%	696,8 k €	+0.3%	695 k €	+4.7%	663,9 k €	+1.7%	652,5 k €	-61.0%	1,7 M €	+3.3%	1,6 M €	+1.0%	1,6 M €	+2.4%	1,6 M €	+4.5%	1,5 M €
Cash	21,2 k €	-39.1%	34,8 k €	-37.8%	55,9 k €	-61.2%	144,2 k €	-94.3%	2,5 M €	+1316%	178,4 k €	-71.9%	634,1 k €	+269%	171,9 k €	-86.8%	1,3 M €	-12.6%	1,5 M €	+2745%	52,5 k €	-54.9%	116,4 k €	+41.7%	82,2 k €	+46.7%	56 k €	+5532%	994,6 €	-98.7%	76,9 k €	+273%	20,6 k €	-33.2%	30,9 k €	+136%	13,1 k €	-94.1%	220,3 k €
Debts	14 k €	+128%	6,1 k €	+95.0%	3,1 k €	-99.8%	2 M €	+2076%	91,6 k €	-31.4%	133,5 k €	-94.0%	2,2 M €	+3.8%	2,2 M €	+2223%	92,7 k €	-24.5%	122,8 k €	+365%	26,4 k €	+13.4%	23,3 k €	-56.2%	53,1 k €	+45.8%	36,4 k €	-28.9%	51,3 k €	+5.7%	48,5 k €	+84.9%	26,2 k €	-1.1%	26,5 k €	+126%	11,7 k €	-58.5%	28,3 k €

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 25 ended

Active mandates

HLSC

Director · since 04 mai 2022 · until 03 mai 2028 · 0728.603.523

Represented by Henk Cardon

Active

Real Value Management

Director · since 04 mai 2022 · until 03 mai 2028 · 0546.653.297

Represented by Rikkert Leeman

Active

T-Lex

Director · since 04 mai 2022 · until 03 mai 2028 · 0728.985.682

Represented by Thomas Osselaer

Active

Ended mandates

HLSC

Director · since 01 juillet 2019 · until 04 mai 2022 · 0728.603.523

Represented by Henk CARDON

Ended

T-Lex

Director · since 01 juillet 2019 · until 04 mai 2022 · 0728.985.682

Represented by Thomas Osselaer

Ended

T-Lex

Director · since 01 juillet 2019 · until 04 mai 2022 · 0728.985.682

Represented by Thomas OSSELAER

Ended

Thomas OSSELAER

Director · since 02 mai 2019 · until 01 juillet 2019

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	30/06/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/10/2025	09/05/2025	03/05/2024	05/05/2023	13/05/2022	21/06/2021
General meeting	–	07/05/2025	02/05/2024	03/05/2023	04/05/2022	26/05/2021
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

33 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	—	08/10/2025	Dutch	PDF
Abridged model	31/12/2024	07/05/2025	09/05/2025	Dutch	PDF
Abridged model	31/12/2023	02/05/2024	03/05/2024	Dutch	PDF
Abridged model	31/12/2022	03/05/2023	05/05/2023	Dutch	PDF
Abridged model	31/12/2021	04/05/2022	13/05/2022	Dutch	PDF
Abridged model	31/12/2020	26/05/2021	21/06/2021	Dutch	PDF
Abridged model	31/12/2019	06/05/2020	13/07/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	24/06/2019	Dutch	PDF
Micro model	31/12/2017	02/05/2018	04/07/2018	Dutch	PDF
Full model	31/12/2016	03/05/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	04/05/2016	24/06/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	07/05/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	01/07/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	04/05/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/05/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/05/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	27/06/2007	Dutch	PDF
Full model	31/12/2005	03/05/2006	16/06/2006	Dutch	PDF
Full model	31/12/2004	04/05/2005	28/06/2005	Dutch	PDF
Full model	31/12/2003	05/05/2004	19/05/2004	French	PDF
Full model	31/12/2002	07/05/2003	28/05/2003	French	PDF

View all 33 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 30/06/2025 · 3 active · 25 ended

Active mandates

HLSC

Director · since 04 mai 2022 · until 03 mai 2028 · 0728.603.523

Represented by Henk Cardon

Active

Real Value Management

Director · since 04 mai 2022 · until 03 mai 2028 · 0546.653.297

Represented by Rikkert Leeman

Active

T-Lex

Director · since 04 mai 2022 · until 03 mai 2028 · 0728.985.682

Represented by Thomas Osselaer

Active

Ended mandates

HLSC

Director · since 01 juillet 2019 · until 04 mai 2022 · 0728.603.523

Represented by Henk CARDON

Ended

T-Lex

Director · since 01 juillet 2019 · until 04 mai 2022 · 0728.985.682

Represented by Thomas Osselaer

Ended

T-Lex

Director · since 01 juillet 2019 · until 04 mai 2022 · 0728.985.682

Represented by Thomas OSSELAER

Ended

Thomas OSSELAER

Director · since 02 mai 2019 · until 01 juillet 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution17/10/2025
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates30/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other15/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20257,8 k €↓
2024
Annual accounts 202465,6 k €↑
2023
Annual accounts 202337 k €↓
2022
Annual accounts 2022108,4 k €↓
2021
Annual accounts 2021617 k €↑
2020
Annual accounts 2020574,9 k €↑
2019
Annual accounts 2019181,8 k €↑
2018
Annual accounts 2018-9,9 k €↓
2017
Annual accounts 2017-1,3 k €↓
2016
Annual accounts 2016800,5 k €↑
2015
Annual accounts 201532,3 k €↑
2014
Annual accounts 201431,7 k €↑
2013
Annual accounts 201321,3 k €↑
2012
Annual accounts 201219,3 k €↑
2011
Annual accounts 2011-13,1 k €↓
2010
Annual accounts 201030,9 k €↑
2009
Annual accounts 200915,6 k €↓
2008
Annual accounts 200822,3 k €↓
2007
Annual accounts 200783,5 k €↑
2006
Annual accounts 2006-44,6 k €

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

ESPACE BELLIARD

Overview

What does ESPACE BELLIARD do?

Trend over 20 financial years

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