ACTIVE

BEFAS

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Financial year 2025 · closed on 31/12/2025

Net result

198,2 k €

-11.0% YoY

Gross margin

288,4 k €

-13.6% YoY

Equity

959,1 k €

+2.8% YoY

What does BEFAS do?

BEFAS is a Private limited company incorporated in 1996. Its main activity is: Management consultancy activities. Its registered office is in Alken.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.271.847

Incorporation

13/06/1996

Legal form

Private limited company

Registered office

Meerdegatstraat 66
3570 Alken · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 68100Buying and selling of own real estate 68110Buying and selling of own real estate 70120Activities of head offices

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	288,4 k €	-13.6%	333,7 k €	+17.9%	283,0 k €	+2.5%	276,0 k €	+47.8%	186,8 k €	-28.4%	260,9 k €	+11.1%	234,8 k €	-1.1%	237,4 k €	+27.6%	186,1 k €	+9.1%	170,5 k €	+44.4%	118,1 k €	+117%	54,4 k €	+99.8%	27,2 k €	+126%	12,1 k €	-37.5%	19,3 k €	+1219%	-1,7 k €	-113%	13,4 k €	+161%	-22,0 k €	-154%	40,4 k €	-49.8%	80,5 k €
EBITDA	285,3 k €	-13.6%	330,4 k €	+18.8%	278,2 k €	+2.2%	272,3 k €	+48.6%	183,2 k €	-29.1%	258,4 k €	+11.2%	232,4 k €	-1.0%	234,8 k €	+28.1%	183,2 k €	+9.3%	167,6 k €	+45.3%	115,3 k €	+121%	52,1 k €	+109%	25,0 k €	+159%	9,6 k €	-43.0%	16,9 k €	+505%	-4,2 k €	-138%	11,0 k €	+143%	-25,9 k €	-167%	38,4 k €	-51.2%	78,8 k €
Operating result	271,3 k €	-14.9%	318,8 k €	+24.3%	256,4 k €	-1.3%	259,8 k €	+51.7%	171,3 k €	-30.4%	246,0 k €	+18.3%	208,0 k €	-5.7%	220,4 k €	+29.8%	169,8 k €	+14.0%	148,9 k €	+69.3%	88,0 k €	+111%	41,6 k €	+235%	12,4 k €	+526%	-2,9 k €	-167%	4,4 k €	+130%	-14,6 k €	-385%	-3,0 k €	+92.5%	-40,5 k €	-250%	27,1 k €	-59.1%	66,3 k €
Net result	198,2 k €	-11.0%	222,7 k €	+25.6%	177,3 k €	-0.9%	178,9 k €	+48.1%	120,9 k €	-29.7%	171,9 k €	-25.5%	230,6 k €	+56.3%	147,6 k €	+46.4%	100,8 k €	+12.7%	89,4 k €	+67.6%	53,4 k €	+91.3%	27,9 k €	+248%	8,0 k €	+506%	-2,0 k €	-245%	1,4 k €	+106%	-22,2 k €	-139%	-9,3 k €	-225%	7,5 k €	+23.7%	6,0 k €	-82.0%	33,5 k €
Balance sheet
Equity	959,1 k €	+2.8%	932,8 k €	-0.8%	940,7 k €	+3.3%	911,0 k €	+9.4%	832,8 k €	+3.9%	801,4 k €	+17.4%	682,8 k €	+51.0%	452,2 k €	+48.5%	304,6 k €	+49.5%	203,8 k €	+78.1%	114,4 k €	+87.4%	61,0 k €	+84.1%	33,2 k €	+31.9%	25,1 k €	-7.3%	27,1 k €	+5.3%	25,8 k €	-71.8%	91,3 k €	-9.2%	100,6 k €	+8.0%	93,2 k €	+6.9%	87,1 k €
Total assets	1,2 M €	-5.8%	1,3 M €	+11.9%	1,1 M €	+8.2%	1,0 M €	+10.7%	938,1 k €	+6.8%	878,3 k €	+20.0%	732,0 k €	+52.9%	478,9 k €	+33.4%	359,1 k €	+1.3%	354,6 k €	+57.7%	224,9 k €	+10.1%	204,3 k €	+3.6%	197,2 k €	+4.2%	189,1 k €	-11.2%	212,9 k €	-11.4%	240,2 k €	-54.1%	523,8 k €	+16.5%	449,7 k €	-4.2%	469,6 k €	+0.2%	468,5 k €
Cash	737,6 k €	+2038%	34,5 k €	-62.8%	92,8 k €	-69.7%	306,7 k €	+188%	106,5 k €	-71.0%	367,7 k €	+14.2%	321,9 k €	+47.9%	217,7 k €	+150%	87,0 k €	+55.6%	55,9 k €	+530%	8,9 k €	+7.3%	8,3 k €	-47.7%	15,8 k €	+1406%	1,1 k €	+26.2%	833,0 €	-97.1%	28,6 k €	+3290%	845,0 €	-33.8%	1,3 k €	-35.0%	2,0 k €	-19.8%	2,4 k €
Debts	224,5 k €	-30.6%	323,3 k €	+77.4%	182,2 k €	+44.2%	126,4 k €	+21.5%	104,0 k €	+37.6%	75,6 k €	+61.2%	46,9 k €	+83.4%	25,6 k €	-51.8%	53,0 k €	-64.6%	149,8 k €	+36.8%	109,5 k €	-23.0%	142,2 k €	-12.7%	163,0 k €	-0.0%	163,0 k €	-11.8%	184,9 k €	-13.4%	213,5 k €	-50.5%	431,6 k €	+25.1%	344,8 k €	-8.2%	375,5 k €	-1.3%	380,4 k €
Other
Workforce	–		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Erwin Boussu

Director

Active

Fabienne Soetaers

Director

Active

Ended mandates

Erwin Boussu

Director · since 21 septembre 2010

Ended

ERWIN BOUSSU

Manager · since 21 septembre 2010

Ended

Fabienne Soetaers

Director · since 21 septembre 2010

Ended

FABIENNE SOETAERS

Manager · since 21 septembre 2010

Ended

At this address

Other companies at this address

Company	CBE no.
SOETAERS CONSTRUCT● Active	0465.686.211
YODI LAB● Active	1003.592.781

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	20/07/2026	21/07/2025	30/07/2024	11/07/2023	20/08/2022	30/07/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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	08/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	21/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	11/07/2023	Dutch	PDF
Micro model	31/12/2021	13/06/2022	20/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	12/07/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	13/08/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	06/08/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	20/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	17/07/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	17/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	31/08/2007	Dutch	PDF

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.

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 · 8 ended

Active mandates

Erwin Boussu

Director

Active

Fabienne Soetaers

Director

Active

Ended mandates

Erwin Boussu

Director · since 21 septembre 2010

Ended

ERWIN BOUSSU

Manager · since 21 septembre 2010

Ended

Fabienne Soetaers

Director · since 21 septembre 2010

Ended

FABIENNE SOETAERS

Manager · since 21 septembre 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/05/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/10/2010
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates12/10/2009
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 2025198,2 k €↓
2024
Annual accounts 2024222,7 k €↑
2023
Annual accounts 2023177,3 k €↓
2022
Annual accounts 2022178,9 k €↑
2021
Annual accounts 2021120,9 k €↓
2020
Annual accounts 2020171,9 k €↓
2019
Annual accounts 2019230,6 k €↑
2018
Annual accounts 2018147,6 k €↑
2017
Annual accounts 2017100,8 k €↑
2016
Annual accounts 201689,4 k €↑
2015
Annual accounts 201553,4 k €↑
2014
Annual accounts 201427,9 k €↑
2013
Annual accounts 20138,0 k €↑
2012
Annual accounts 2012-2,0 k €↓
2011
Annual accounts 20111,4 k €↑
2010
Annual accounts 2010-22,2 k €↓
2009
Annual accounts 2009-9,3 k €↓
2008
Annual accounts 20087,5 k €↑
2007
Annual accounts 20076,0 k €↓
2006
Annual accounts 200633,5 k €
13/06/1996
IncorporationPrivate 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

BEFAS

Overview

What does BEFAS do?

Trend over 20 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