BELFIMMO
0453.271.991 · rovalta.com · 23/09/2026
ACTIVE
BELFIMMO
Financial year 2025 · closed on 31/12/2025
Net result
175,2 k €
-57.5% YoY
Gross margin
392,1 k €
-57.2% YoY
Equity
9,6 M €
-3.8% YoY
Workforce
0,0 ETP
Overview
What does BELFIMMO do?
BELFIMMO is a Public limited company incorporated in 1994. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Brugge.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.271.991
Incorporation
26/08/1994
Legal form
Public limited company
Registered office
Moerstraat 28
8000 Brugge · FlandreSee on map
8000 Brugge · FlandreSee on map
Contributed capital
2 096 084,03 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
68201Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate68310Real estate agencies74879Other professional, scientific and technical activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 392,1 k € | -57.2% | 915,1 k € | -19.7% | 1,1 M € | +264% | 312,7 k € | -51.6% | 645,9 k € | +2128% | 29 k € | -63.4% | 79,2 k € | -46.3% | 147,5 k € | +55.6% | 94,8 k € | -31.6% | 138,5 k € | -8.0% | 150,5 k € | -21.2% | 191,1 k € | -18.2% | 233,5 k € | +65.5% | 141,1 k € | +0.0% | 141 k € | -38.7% | 229,9 k € | +51.4% | 151,8 k € | -16.0% | 180,8 k € |
| EBITDA | 352,3 k € | -43.0% | 618,6 k € | -45.2% | 1,1 M € | +413% | 220 k € | -63.5% | 602,7 k € | +7232% | 8,2 k € | -85.9% | 58,4 k € | -54.2% | 127,4 k € | +71.0% | 74,5 k € | -37.1% | 118,5 k € | +24.1% | 95,4 k € | -40.0% | 159,1 k € | -22.8% | 206,2 k € | +70.7% | 120,8 k € | +12.8% | 107,1 k € | -67.8% | 332,7 k € | +160% | 127,8 k € | -21.9% | 163,7 k € |
| Operating result | 179,5 k € | -60.6% | 455,2 k € | -53.1% | 969,7 k € | +1276% | 70,5 k € | -87.5% | 563,1 k € | +2456% | -23,9 k € | -195% | 25,2 k € | -72.8% | 92,6 k € | +135% | 39,4 k € | -52.3% | 82,5 k € | +105% | 40,2 k € | -56.4% | 92,2 k € | -37.3% | 147,2 k € | +368% | 31,4 k € | +95.5% | 16,1 k € | -85.2% | 108,6 k € | +33.9% | 81,1 k € | -32.0% | 119,3 k € |
| Net result | 175,2 k € | -57.5% | 412,6 k € | -42.4% | 716,3 k € | +1278% | 52 k € | -98.0% | 2,6 M € | +343% | 576 k € | +1947% | 28,1 k € | -72.8% | 103,3 k € | +122% | 46,5 k € | -54.1% | 101,3 k € | +67.9% | 60,3 k € | -85.2% | 408,7 k € | +1512% | 25,4 k € | +131% | -82,3 k € | -6.5% | -77,2 k € | -90.1% | -40,6 k € | -271% | 23,8 k € | +177% | 8,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 9,6 M € | -3.8% | 10 M € | +3.7% | 9,6 M € | +7.0% | 9 M € | +0.6% | 9 M € | +139% | 3,8 M € | +32.3% | 2,8 M € | +1.0% | 2,8 M € | +3.8% | 2,7 M € | +1.7% | 2,7 M € | +4.0% | 2,6 M € | +2.4% | 2,5 M € | +19.6% | 2,1 M € | +45.3% | 1,4 M € | -5.4% | 1,5 M € | -4.8% | 1,6 M € | -2.5% | 1,6 M € | +1.5% | 1,6 M € |
| Total assets | 10 M € | -3.3% | 10,4 M € | +2.8% | 10,1 M € | +7.6% | 9,4 M € | -0.3% | 9,4 M € | +145% | 3,8 M € | +30.8% | 2,9 M € | +1.1% | 2,9 M € | +4.0% | 2,8 M € | +1.4% | 2,8 M € | +0.4% | 2,7 M € | -3.5% | 2,8 M € | -32.4% | 4,2 M € | +2.9% | 4,1 M € | +1.7% | 4 M € | -2.3% | 4,1 M € | +5.2% | 3,9 M € | +4.0% | 3,8 M € |
| Cash | 191,9 k € | -52.0% | 399,9 k € | -5.9% | 425,2 k € | -87.5% | 3,4 M € | +8.4% | 3,1 M € | +138% | 1,3 M € | +692% | 166,9 k € | -64.5% | 470,4 k € | +36.6% | 344,4 k € | +17.9% | 292,1 k € | +15.3% | 253,2 k € | -63.8% | 700,1 k € | +32.5% | 528,2 k € | +309% | 129,2 k € | +179% | 46,3 k € | -12.3% | 52,8 k € | -21.0% | 66,8 k € | -73.6% | 253,6 k € |
| Debts | 90,5 k € | +112% | 42,6 k € | -59.1% | 104,1 k € | +846% | 11 k € | -84.9% | 72,7 k € | -18.8% | 89,6 k € | -9.1% | 98,6 k € | +8.1% | 91,2 k € | +9.6% | 83,3 k € | -6.3% | 88,9 k € | -47.9% | 170,6 k € | -41.4% | 290,8 k € | -85.5% | 2 M € | -17.2% | 2,4 M € | +2.4% | 2,4 M € | +8.3% | 2,2 M € | +8.5% | 2 M € | +6.9% | 1,9 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 21 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
HERTOGEN● Active | 0452.717.311 |
J.P.S. CONSULT● Active | 0426.118.030 |
SAELDES● Active | 0729.905.895 |
Sedecom● Liquidation | 0405.138.910 |
WITTE MOLEN PARK● Active | 0555.747.444 |
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 15 months | 12 months |
| Filing date | 26/06/2026 | 23/06/2025 | 26/06/2024 | 05/07/2023 | 20/07/2022 | 20/04/2021 |
| General meeting | 25/05/2026 | 26/05/2025 | 27/05/2024 | 14/06/2023 | 30/06/2022 | 31/03/2021 |
| 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 | 31/12/2025 | 25/05/2026 | 26/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 26/05/2025 | 23/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 27/05/2024 | 26/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 14/06/2023 | 05/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 20/07/2022 | Dutch | |
| Abridged model | 30/09/2020 | 31/03/2021 | 20/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 24/01/2020 | 30/01/2020 | Dutch | |
| Abridged model | 30/09/2018 | 25/01/2019 | 12/02/2019 | Dutch | |
| Abridged model | 30/09/2017 | 31/01/2018 | 28/02/2018 | Dutch | |
| Abridged model | 30/09/2016 | 31/12/2016 | 31/01/2017 | Dutch | |
| Abridged model | 30/09/2015 | 18/12/2015 | 19/01/2016 | Dutch | |
| Abridged model | 30/09/2014 | 19/12/2014 | 03/02/2015 | Dutch | |
| Abridged model | 30/09/2013 | 20/12/2013 | 19/02/2014 | Dutch | |
| Abridged model | 30/09/2012 | 21/12/2012 | 28/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 16/12/2011 | 29/02/2012 | Dutch | |
| Abridged model | 30/09/2010 | 10/12/2010 | 28/02/2011 | Dutch | |
| Abridged model | 30/09/2009 | 18/12/2009 | 29/04/2010 | Dutch | |
| Abridged model | 31/12/2007 | 21/03/2008 | 08/10/2008 | Dutch | |
| Abridged model | 31/12/2006 | 16/03/2007 | 30/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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 31/12/2025 · 3 active · 21 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/07/2026ONTSLAGEN - BENOEMINGEN
- Other10/02/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
- Restructuring24/12/2021KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring28/10/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Other04/10/2021ALGEMENE VERGADERING - BOEKJAAR
- Mandates21/02/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates05/04/2017ONTSLAGEN - BENOEMINGEN
- Mandates12/11/2012ONTSLAGEN - BENOEMINGEN
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 2025175,2 k €↓
- 2024Annual accounts 2024412,6 k €↓
- 2023Annual accounts 2023716,3 k €↑
- 2022Annual accounts 202252 k €↓
- 2021Annual accounts 20212,6 M €↑
- 2019Annual accounts 2019576 k €↑
- 2018Annual accounts 201828,1 k €↓
- 2017Annual accounts 2017103,3 k €↑
- 2016Annual accounts 201646,5 k €↓
- 2015Annual accounts 2015101,3 k €↑
- 2014Annual accounts 201460,3 k €↓
- 2013Annual accounts 2013408,7 k €↑
- 2012Annual accounts 201225,4 k €↑
- 2011Annual accounts 2011-82,3 k €↓
- 2010Annual accounts 2010-77,2 k €↓
- 2009Annual accounts 2009-40,6 k €↓
- 2007Annual accounts 200723,8 k €↑
- 2006Annual accounts 20068,6 k €
- 26/08/1994IncorporationPublic limited company