ACTIVE

BELCASA

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Financial year 2025 · Closed on 31/12/2025

Net result
5,4 k €
-0,2 %over 1 year
Gross margin
64,4 k €
-2,4 %over 1 year
Equity
618,6 k €
+0,9 %over 1 year
Workforce
0,6 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

BELCASA is a Public limited company incorporated in 1994. Its main activity is: Rental and operating of own or leased real estate. It employs on average 0,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.166.866
Incorporation
22/12/1994
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
0,6 ETP
Joint committees (2)
  • 218
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin64,4 k €66 k €84,2 k €50,7 k €49,3 k €
EBITDA29,4 k €26,9 k €51,3 k €20,6 k €-22,4 k €
Operating result13,1 k €8,2 k €31,8 k €1,4 k €-40,9 k €
Net result5,4 k €5,4 k €20,1 k €-2,5 k €-126,3 k €
Balance sheet
Equity618,6 k €613,3 k €607,9 k €587,8 k €590,3 k €
Total assets1,9 M €1,9 M €1,9 M €2,9 M €3,4 M €
Cash8,1 k €11,9 k €15,3 k €36,4 k €29,3 k €
Debts1,3 M €1,3 M €1,3 M €2,3 M €2,8 M €
Other
Workforce0,6 ETP0,6 ETP0,6 ETP0,6 ETP0,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 24 ended

Active mandates

KU&KU INVESTMENTS

Director · since 27 décembre 2022 · until 07 mai 2029 · 0795.469.185

Represented by Dirk Kuijl

Active

Ended mandates

KU&KU INVESTMENTS

Director · since 27 décembre 2022 · until 07 mai 2029 · 0795.469.185

Represented by Dirk Kuijl

Ended
Ku & Ku INDUSTRIES

Director · since 18 décembre 2019 · until 18 décembre 2025 · 0832.145.578

Represented by Kuijl Dirk

Ended
Ku & Ku INDUSTRIES

Managing director · since 18 décembre 2019 · until 18 décembre 2025 · 0832.145.578

Represented by Kuijl Dirk

Ended
Ku & Ku INDUSTRIES

Director · since 18 décembre 2019 · until 18 décembre 2025 · 0832.145.578

Represented by Dirk Kuijl

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202624/07/202531/07/202418/07/202310/10/202212/07/2021
General meeting30/06/202615/07/202525/07/202430/06/202323/09/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202415/07/202524/07/2025DutchPDF
Abridged model31/12/202325/07/202431/07/2024DutchPDF
Abridged model31/12/202230/06/202318/07/2023DutchPDF
Abridged model31/12/202123/09/202210/10/2022DutchPDF
Abridged model31/12/202030/06/202112/07/2021DutchPDF
Abridged model31/12/201931/08/202031/08/2020DutchPDF
Abridged model31/12/201825/06/201908/07/2019DutchPDF
Abridged model31/12/201720/06/201825/06/2018DutchPDF
Full model31/12/201628/06/201729/06/2017DutchPDF
Full model31/12/201502/05/201608/06/2016DutchPDF
Full model31/12/201427/05/201504/06/2015DutchPDF
Full model31/12/201330/06/201410/07/2014DutchPDF
Full model31/12/201206/05/201316/07/2013DutchPDF
Full model31/12/201130/06/201227/07/2012DutchPDF
Full modelCorrection31/12/201030/06/201127/07/2012DutchPDF
Full model31/12/201030/06/201114/07/2011DutchPDF
Full model31/12/200927/07/201029/07/2010DutchPDF
Full model31/12/200828/07/200929/07/2009DutchPDF
Full model31/12/200730/06/200818/07/2008DutchPDF
Full model31/12/200618/07/200723/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 · 24 ended

Active mandates

KU&KU INVESTMENTS

Director · since 27 décembre 2022 · until 07 mai 2029 · 0795.469.185

Represented by Dirk Kuijl

Active

Ended mandates

KU&KU INVESTMENTS

Director · since 27 décembre 2022 · until 07 mai 2029 · 0795.469.185

Represented by Dirk Kuijl

Ended
Ku & Ku INDUSTRIES

Director · since 18 décembre 2019 · until 18 décembre 2025 · 0832.145.578

Represented by Kuijl Dirk

Ended
Ku & Ku INDUSTRIES

Managing director · since 18 décembre 2019 · until 18 décembre 2025 · 0832.145.578

Represented by Kuijl Dirk

Ended
Ku & Ku INDUSTRIES

Director · since 18 décembre 2019 · until 18 décembre 2025 · 0832.145.578

Represented by Dirk Kuijl

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other24/09/2026
    —
    PDF
  • Registered office07/08/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20255,4 k €↓
  2. 2024
    Annual accounts 20245,4 k €↓
  3. 2023
    Annual accounts 202320,1 k €↑
  4. 2022
    Annual accounts 2022-2,5 k €↑
  5. 2021
    Annual accounts 2021-126,3 k €↓
  6. 2018
    Annual accounts 2018374,4 k €↑
  7. 2017
    Annual accounts 2017296,2 k €↑
  8. 2016
    Annual accounts 2016108 k €↓
  9. 2015
    Annual accounts 2015144,9 k €↑
  10. 2014
    Annual accounts 2014123,5 k €↓
  11. 2013
    Annual accounts 2013185 k €↓
  12. 2012
    Annual accounts 2012280,6 k €↑
  13. 2011
    Annual accounts 201196,8 k €↓
  14. 2010
    Annual accounts 2010123,5 k €↓
  15. 2009
    Annual accounts 2009132 k €↑
  16. 2008
    Annual accounts 200836,2 k €↓
  17. 2007
    Annual accounts 2007398,2 k €↑
  18. 2006
    Annual accounts 200636,3 k €
  19. 22/12/1994
    IncorporationPublic limited company