ACTIVE

BELTREX CORPORATE

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Financial year 2025 · closed on 31/12/2025

Net result

20,1 k €

+172.6% YoY

Gross margin

177,5 k €

+63.1% YoY

Equity

3,1 M €

+0.6% YoY

Workforce

0,9 ETP

-10.0% YoY

What does BELTREX CORPORATE do?

BELTREX CORPORATE is a Public limited company incorporated in 1995. Its registered office is in Antwerpen. It employs on average 0,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.917.528

Incorporation

31/03/1995

Legal form

Public limited company

Registered office

Bisschoppenhoflaan 82-84
2100 Antwerpen · FlandreSee on map

Contributed capital

540 953,78 €

Latest accounts

31/12/2025

Average workforce

0,9 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007		2006
Income statement
Gross margin	177,5 k €	+63.1%	108,8 k €	-33.6%	163,9 k €	+70.2%	96,3 k €	-61.9%	252,9 k €	+65.5%	152,8 k €	-28.1%	212,4 k €	-16.9%	255,6 k €	+14.8%	222,6 k €		–		–		–		–		–		–		495,2 k €	+1.6%	487,2 k €	+6.5%	457,6 k €	-11.5%	517,1 k €
EBITDA	117,1 k €	+206%	38,2 k €	-64.2%	106,9 k €	+118%	49,1 k €	-71.0%	169,1 k €	+119%	77,1 k €	-10.7%	86,3 k €	-25.4%	115,8 k €	+54.6%	74,9 k €	-9.2%	82,5 k €	-18.5%	101,2 k €	-57.0%	235,5 k €	+7.5%	219,1 k €	-11.7%	248,1 k €	-10.5%	277,2 k €	-15.2%	326,9 k €	+93.8%	168,7 k €	-22.0%	216,3 k €	-24.8%	287,4 k €
Operating result	20,8 k €	+137%	-56,6 k €	-427%	17,3 k €	+132%	-54 k €	-155%	98,6 k €	+1095%	8,3 k €	-29.2%	11,7 k €	-64.5%	32,9 k €	+54.2%	21,3 k €	+897%	2,1 k €	-78.9%	10,2 k €	-79.2%	48,8 k €	-18.9%	60,2 k €	-20.4%	75,7 k €	+89.5%	39,9 k €	-53.2%	85,3 k €	+217%	-72,7 k €	-528%	-11,6 k €	-117%	68,2 k €
Net result	20,1 k €	+173%	-27,7 k €	-125%	112,6 k €	+189%	38,9 k €	-44.1%	69,7 k €	+3718%	1,8 k €	-96.6%	54 k €	-9.4%	59,6 k €	+145%	24,3 k €	+29.9%	18,7 k €	-25.5%	25,1 k €	-4.2%	26,2 k €	-90.9%	289,3 k €	+55.3%	186,2 k €	+8464%	2,2 k €	+342%	492,3 €	+101%	-89,8 k €	-1178%	8,3 k €	-94.1%	140,5 k €
Balance sheet
Equity	3,1 M €	+0.6%	3,1 M €	-0.9%	3,2 M €	+3.7%	3 M €	+1.3%	3 M €	+2.4%	2,9 M €	+0.1%	2,9 M €	+1.9%	2,9 M €	+2.1%	2,8 M €	+0.9%	2,8 M €	-12.0%	3,2 M €	+0.8%	3,2 M €	+0.8%	3,1 M €	+8.6%	2,9 M €	+6.0%	2,7 M €	+0.1%	2,7 M €	+0.0%	2,7 M €	-3.2%	2,8 M €	+0.3%	2,8 M €
Total assets	3,8 M €	+0.9%	3,8 M €	+0.3%	3,8 M €	+3.6%	3,7 M €	+5.3%	3,5 M €	+3.3%	3,4 M €	-0.7%	3,4 M €	-2.4%	3,5 M €	-3.5%	3,6 M €	-6.7%	3,9 M €	-1.3%	3,9 M €	-2.5%	4 M €	-5.3%	4,2 M €	+3.7%	4,1 M €	-6.6%	4,4 M €	-3.5%	4,5 M €	-7.0%	4,9 M €	+7.8%	4,5 M €	-3.2%	4,7 M €
Cash	264 k €	+33.7%	197,4 k €	+18.1%	167,2 k €	+208%	54,3 k €	-85.3%	368,4 k €	+19.5%	308,3 k €	+897%	30,9 k €	-91.9%	382 k €	+4.0%	367,4 k €	-37.3%	585,8 k €	+3.4%	566,7 k €	-3.6%	587,7 k €	+10.9%	530,1 k €	+536%	83,4 k €	+21.4%	68,7 k €	+696%	8,6 k €	-93.9%	142,2 k €	+213%	45,4 k €	+955%	4,3 k €
Debts	699,2 k €	+1.9%	686,1 k €	+5.8%	648,4 k €	+3.3%	627,6 k €	+32.1%	475 k €	+9.6%	433,5 k €	-5.9%	460,8 k €	-23.2%	599,8 k €	-23.3%	782,3 k €	-26.6%	1,1 M €	+45.3%	732,8 k €	-14.8%	859,7 k €	-22.6%	1,1 M €	-8.0%	1,2 M €	-27.1%	1,7 M €	-9.0%	1,8 M €	-15.8%	2,2 M €	+25.8%	1,7 M €	-8.5%	1,9 M €
Other
Workforce	0,9 ETP	-10.0%	1,0 ETP	+42.9%	0,7 ETP	+133%	0,3 ETP	-70.0%	1,0 ETP	-23.1%	1,3 ETP	-38.1%	2,1 ETP	-16.0%	2,5 ETP	+19.0%	2,1 ETP	-34.4%	3,2 ETP	-13.5%	3,7 ETP	+12.1%	3,3 ETP	-26.7%	4,5 ETP	0.0%	4,5 ETP	-6.2%	4,8 ETP	+2.1%	4,7 ETP	-27.7%	6,5 ETP	+14.0%	5,7 ETP	+5.6%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

Barbara Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Active

Lizz Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Active

Ended mandates

Barbara (ged bestuurder) Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Ended

Lizz (ged bestuurder) Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Ended

Barbara (bestuurder) Bosschaerts

Director · since 17 juin 2016 · until 10 juin 2022

Ended

Barbara Bosschaerts

Director · since 17 juin 2016 · until 27 mai 2022

Ended

At this address

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Koningsberg Risk & Solutions● Active	0744.676.324
SAM-A Services● Active	0789.617.018
ZEDD● Active	0806.902.616

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	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	04/06/2025	30/09/2024	09/10/2023	27/07/2022	24/07/2021
General meeting	30/06/2026	23/05/2025	30/09/2024	09/10/2023	30/06/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	26/08/2026	Dutch	PDF
Abridged model	31/12/2024	23/05/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	09/10/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	24/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	04/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	28/05/2018	Dutch	PDF
Full model	31/12/2016	15/06/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	19/07/2015	Dutch	PDF
Full model	31/12/2013	23/05/2014	16/08/2014	Dutch	PDF
Full model	31/12/2012	24/05/2013	28/08/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	29/08/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	03/08/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	16/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

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 31/12/2025 · 2 active · 30 ended

Active mandates

Barbara Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Active

Lizz Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Active

Ended mandates

Barbara (ged bestuurder) Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Ended

Lizz (ged bestuurder) Bosschaerts

Managing director · since 10 juin 2022 · until 10 juin 2028

Ended

Barbara (bestuurder) Bosschaerts

Director · since 17 juin 2016 · until 10 juin 2022

Ended

Barbara Bosschaerts

Director · since 17 juin 2016 · until 27 mai 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2017
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2012
ONTSLAGEN - BENOEMINGEN
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 202520,1 k €↑
2024
Annual accounts 2024-27,7 k €↓
2023
Annual accounts 2023112,6 k €↑
2022
Annual accounts 202238,9 k €↓
2021
Annual accounts 202169,7 k €↑
2020
Annual accounts 20201,8 k €↓
2019
Annual accounts 201954 k €↓
2018
Annual accounts 201859,6 k €↑
2017
Annual accounts 201724,3 k €↑
2016
Annual accounts 201618,7 k €↓
2015
Annual accounts 201525,1 k €↓
2014
Annual accounts 201426,2 k €↓
2013
Annual accounts 2013289,3 k €↑
2012
Annual accounts 2012186,2 k €↑
2010
Annual accounts 20102,2 k €↑
2009
Annual accounts 2009492,3 €↑
2008
Annual accounts 2008-89,8 k €↓
2007
Annual accounts 20078,3 k €↓
2006
Annual accounts 2006140,5 k €
31/03/1995
IncorporationPublic limited company

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

BELTREX CORPORATE

Overview

What does BELTREX CORPORATE do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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