BELICO
0453.240.517 · rovalta.com · 21/09/2026
ACTIVE
BELICO
Financial year 2025 · closed on 30/06/2025
Net result
-34,5 k €
-115.8% YoY
Gross margin
1,1 M €
-20.7% YoY
Equity
1 M €
-3.2% YoY
Workforce
13,4 ETP
+1.5% YoY
Overview
What does BELICO do?
BELICO is a Private company with limited liability incorporated in 1994. Its registered office is in Leuven. It employs on average 13,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.240.517
Incorporation
16/08/1994
Legal form
Private company with limited liability
Registered office
Tiensevest 186
3000 Leuven · FlandreSee on map
3000 Leuven · FlandreSee on map
Contributed capital
86 789,35 €
Latest accounts
30/06/2025
Average workforce
13,4 ETP
Joint committees (3)
- 124
- 200
- 218
Signals
Solid equityLow riskGood liquidityPositive cashflowHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 1,1 M € | -20.7% | 1,4 M € | +25.6% | 1,1 M € | +13.4% | 1 M € | +4.0% | 970,5 k € | +2.8% | 943,7 k € | +21.2% | 778,5 k € | -7.9% | 845,1 k € | -14.1% | 983,5 k € | -0.3% | 986,6 k € | -10.7% | 1,1 M € | +14.3% | 966,8 k € | -18.7% | 1,2 M € | -13.6% | 1,4 M € | +11.7% | 1,2 M € | +4.0% | 1,2 M € | -5.0% | 1,2 M € | +65.5% | 753,2 k € | +24.8% | 603,6 k € |
| EBITDA | -7,4 k € | -102% | 336,2 k € | +144% | 137,5 k € | +33.5% | 103 k € | -28.0% | 143,1 k € | -35.5% | 221,7 k € | +389% | 45,3 k € | -48.4% | 87,9 k € | +270% | -51,6 k € | -126% | 200,6 k € | -62.8% | 539,1 k € | +154% | 212,6 k € | -31.6% | 311 k € | -33.5% | 467,3 k € | +18.8% | 393,4 k € | -3.0% | 405,7 k € | -16.7% | 487,3 k € | +295% | 123,3 k € | -0.1% | 123,5 k € |
| Operating result | -117,7 k € | -154% | 219,8 k € | +548% | 33,9 k € | +168% | 12,6 k € | -85.2% | 85,6 k € | -17.9% | 104,2 k € | +307% | -50,3 k € | -504% | 12,5 k € | +109% | -132,5 k € | -214% | 116,7 k € | -75.6% | 477,9 k € | +209% | 154,5 k € | -50.5% | 312,4 k € | -14.7% | 366,4 k € | +52.5% | 240,3 k € | -23.4% | 313,6 k € | -21.9% | 401,5 k € | +710% | -65,8 k € | -172% | 91,2 k € |
| Net result | -34,5 k € | -116% | 219 k € | +175% | 79,6 k € | +37.1% | 58,1 k € | -47.3% | 110,2 k € | +4.7% | 105,3 k € | +267% | -62,9 k € | -221% | 51,9 k € | +207% | -48,6 k € | -132% | 150 k € | -61.0% | 384,4 k € | +136% | 162,9 k € | -36.2% | 255,6 k € | -14.1% | 297,4 k € | +33.3% | 223,1 k € | -10.0% | 248 k € | -16.6% | 297,5 k € | +2174% | 13,1 k € | -86.7% | 98,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1 M € | -3.2% | 1,1 M € | +25.9% | 845,5 k € | +10.4% | 765,9 k € | +8.2% | 707,8 k € | +18.5% | 597,5 k € | +21.4% | 492,3 k € | -11.3% | 555,1 k € | +10.3% | 503,3 k € | -8.8% | 551,9 k € | -45.7% | 1 M € | +60.8% | 632,5 k € | +34.7% | 469,6 k € | +13.4% | 414 k € | +255% | 116,6 k € | -83.2% | 693,5 k € | +55.7% | 445,5 k € | +201% | 148 k € | +9.7% | 134,9 k € |
| Total assets | 2,6 M € | +24.8% | 2,1 M € | -6.0% | 2,2 M € | +17.6% | 1,9 M € | -3.7% | 2 M € | +20.8% | 1,6 M € | +14.0% | 1,4 M € | +26.5% | 1,1 M € | -12.3% | 1,3 M € | +3.2% | 1,2 M € | -30.5% | 1,8 M € | +36.4% | 1,3 M € | -24.1% | 1,7 M € | -32.4% | 2,5 M € | +49.5% | 1,7 M € | -14.0% | 2 M € | +11.7% | 1,8 M € | +8.3% | 1,6 M € | +15.5% | 1,4 M € |
| Cash | 1,2 M € | +78.4% | 648,6 k € | -21.7% | 828,1 k € | +47.7% | 560,7 k € | -27.0% | 768,2 k € | +70.4% | 450,7 k € | +1393% | 30,2 k € | -47.4% | 57,4 k € | -80.7% | 296,7 k € | -33.8% | 448,4 k € | -13.2% | 516,8 k € | +73.1% | 298,6 k € | -65.6% | 868,8 k € | -24.7% | 1,2 M € | +93.5% | 596,3 k € | -36.1% | 932,4 k € | -0.9% | 941,1 k € | +60.7% | 585,8 k € | +347% | 131,1 k € |
| Debts | 1,6 M € | +54.2% | 1 M € | -25.7% | 1,4 M € | +22.6% | 1,1 M € | -10.4% | 1,2 M € | +22.2% | 1 M € | +10.1% | 925,8 k € | +63.5% | 566,3 k € | -27.0% | 776 k € | +12.7% | 688,3 k € | -10.4% | 767,8 k € | +13.6% | 676,1 k € | -46.1% | 1,3 M € | -41.2% | 2,1 M € | +34.4% | 1,6 M € | +23.6% | 1,3 M € | -3.4% | 1,3 M € | -10.5% | 1,5 M € | +16.0% | 1,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 13,4 ETP | +1.5% | 13,2 ETP | +3.1% | 12,8 ETP | +2.4% | 12,5 ETP | +7.8% | 11,6 ETP | +1.8% | 11,4 ETP | +2.7% | 11,1 ETP | -11.9% | 12,6 ETP | -25.4% | 16,9 ETP | +17.4% | 14,4 ETP | +23.1% | 11,7 ETP | -25.5% | 15,7 ETP | -10.3% | 17,5 ETP | -7.4% | 18,9 ETP | +12.5% | 16,8 ETP | +7.7% | 15,6 ETP | +3.3% | 15,1 ETP | +21.8% | 12,4 ETP | +26.5% | 9,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 4 active · 13 ended
Financials
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 | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/01/2026 | 31/01/2025 | 31/01/2024 | 23/01/2023 | 28/01/2022 | 29/01/2021 |
| General meeting | 29/12/2025 | 29/12/2024 | 29/12/2023 | 30/12/2022 | 31/12/2021 | 26/12/2020 |
| 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 | 30/06/2025 | 29/12/2025 | 30/01/2026 | Dutch | |
| Abridged model | 30/06/2024 | 29/12/2024 | 31/01/2025 | Dutch | |
| Abridged model | 30/06/2023 | 29/12/2023 | 31/01/2024 | Dutch | |
| Abridged model | 30/06/2022 | 30/12/2022 | 23/01/2023 | Dutch | |
| Abridged model | 30/06/2021 | 31/12/2021 | 28/01/2022 | Dutch | |
| Abridged model | 30/06/2020 | 26/12/2020 | 29/01/2021 | Dutch | |
| Abridged model | 30/06/2019 | 27/12/2019 | 26/02/2020 | Dutch | |
| Abridged model | 30/06/2018 | 28/12/2018 | 31/01/2019 | Dutch | |
| Abridged model | 30/06/2017 | 29/12/2017 | 29/01/2018 | Dutch | |
| Abridged model | 30/06/2016 | 30/12/2016 | 09/01/2017 | Dutch | |
| Abridged model | 30/06/2015 | 26/12/2015 | 29/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 26/12/2014 | 23/01/2015 | Dutch | |
| Abridged model | 30/06/2013 | 27/12/2013 | 29/01/2014 | Dutch | |
| Abridged model | 30/06/2012 | 28/12/2012 | 25/02/2013 | Dutch | |
| Abridged model | 30/06/2011 | 15/12/2011 | 12/01/2012 | Dutch | |
| Abridged model | 30/06/2010 | 30/12/2010 | 31/01/2011 | Dutch | |
| Abridged model | 30/06/2009 | 28/12/2009 | 29/01/2010 | Dutch | |
| Abridged model | 30/06/2008 | 26/12/2008 | 16/02/2009 | Dutch | |
| Abridged model | 30/06/2007 | 28/12/2007 | 08/01/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
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 30/06/2025 · 4 active · 13 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
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 2025-34,5 k €↓
- 2024Annual accounts 2024219 k €↑
- 2023Annual accounts 202379,6 k €↑
- 2022Annual accounts 202258,1 k €↓
- 2021Annual accounts 2021110,2 k €↑
- 2020Annual accounts 2020105,3 k €↑
- 2019Annual accounts 2019-62,9 k €↓
- 2018Annual accounts 201851,9 k €↑
- 2017Annual accounts 2017-48,6 k €↓
- 2016Annual accounts 2016150 k €↓
- 2015Annual accounts 2015384,4 k €↑
- 2014Annual accounts 2014162,9 k €↓
- 2013Annual accounts 2013255,6 k €↓
- 2012Annual accounts 2012297,4 k €↑
- 2011Annual accounts 2011223,1 k €↓
- 2010Annual accounts 2010248 k €↓
- 2009Annual accounts 2009297,5 k €↑
- 2008Annual accounts 200813,1 k €↓
- 2007Annual accounts 200798,6 k €
- 16/08/1994IncorporationPrivate company with limited liability