BELFRA
0459.202.948 · rovalta.com · 09/11/2026
ACTIVE
BELFRA
Financial year 2025 · Closed on 31/12/2025
Net result37,5 k €-18,6 %over 1 year
Gross margin64,8 k €-14,1 %over 1 year
Equity-3,4 k €+91,7 %over 1 year
Overview
Identity
Source · BCE/KBOBELFRA is a Private company with limited liability incorporated in 1996. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Schilde.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0459.202.948
- Incorporation
- 13/11/1996
- Legal form
- Private company with limited liability
- Registered office
- De Singel 6
2970 Schilde · FlandreSee on map - Contributed capital
- 12 399,33 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 20 filingsTrend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 64,8 k € | -14.1% | 75,5 k € | -4.9% | 79,4 k € | +565% | -17,1 k € | -8.2% | -15,8 k € |
| EBITDA | 64 k € | +1.3% | 63,2 k € | -19.4% | 78,5 k € | +535% | -18,1 k € | -6.7% | -16,9 k € |
| Operating result | 50,4 k € | +4.0% | 48,4 k € | -29.9% | 69,1 k € | +334% | -29,5 k € | -70.8% | -17,3 k € |
| Net result | 37,5 k € | -18.6% | 46,1 k € | -32.6% | 68,3 k € | +328% | -30 k € | -69.4% | -17,7 k € |
| Balance sheet | |||||||||
| Equity | -3,4 k € | +91.7% | -40,9 k € | +53.0% | -86,9 k € | +44.0% | -155,2 k € | -24.0% | -125,2 k € |
| Total assets | 317,3 k € | +18.6% | 267,6 k € | -27.6% | 369,9 k € | +78.4% | 207,3 k € | +0.1% | 207,1 k € |
| Cash | 189,1 k € | +50.1% | 126 k € | -13.7% | 145,9 k € | +519% | 23,6 k € | -75.9% | 97,9 k € |
| Debts | 320,7 k € | +4.0% | 308,5 k € | -32.5% | 456,8 k € | +26.0% | 362,6 k € | +9.1% | 332,3 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 4 ended
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
Greg Kalfus | Directorsince 30/10/1996Manager30/10/1996 → 2021 accountsended |
Ended mandates
| Director | Mandates in this company | Period |
|---|---|---|
Katrien Geers | Manager01/01/2009 → 23/08/2016 | |
Gregory Stephane Kalfus | Manager30/10/1996 → 2011 accounts | |
Stephane Kalfus Gregory | Director30/10/1996 → 2019 accounts |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 30/09/2026 | 08/10/2025 | 31/10/2024 | 29/06/2023 | 29/06/2022 | 30/06/2021 |
| General meeting | 23/06/2026 | 24/06/2025 | 25/06/2024 | 27/06/2023 | 28/06/2022 | 29/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 23/06/2026 | 30/09/2026 | Dutch | |
| Micro model | 31/12/2024 | 24/06/2025 | 08/10/2025 | Dutch | |
| Micro model | 31/12/2023 | 25/06/2024 | 31/10/2024 | Dutch | |
| Micro model | 31/12/2022 | 27/06/2023 | 29/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 28/06/2022 | 29/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 29/06/2021 | 30/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 02/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 25/06/2019 | 12/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 26/06/2018 | 28/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 27/06/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/06/2016 | 18/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 30/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 24/06/2014 | 29/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/06/2013 | 20/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/06/2012 | 27/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/06/2011 | 18/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/06/2010 | 13/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 24/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 24/06/2008 | 28/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/06/2007 | 20/07/2007 | Dutch |
Valuation
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.
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
Board of directors
Source · NBB, accounts to 31/12/20251 active · 4 ended
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
Greg Kalfus | Directorsince 30/10/1996Manager30/10/1996 → 2021 accountsended |
Ended mandates
| Director | Mandates in this company | Period |
|---|---|---|
Katrien Geers | Manager01/01/2009 → 23/08/2016 | |
Gregory Stephane Kalfus | Manager30/10/1996 → 2011 accounts | |
Stephane Kalfus Gregory | Director30/10/1996 → 2019 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office09/08/2022MAATSCHAPPELIJKE ZETEL
- Registered office08/05/2019MAATSCHAPPELIJKE ZETEL
- Mandates16/09/2016Ontslag zaakvoerder
- Registered office02/07/2010Verplaatsing maatschappelijke zetel
- Other29/05/2009Getekend,
- Capital / shares17/02/2004ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings9 filings
Mandates
Greg Kalfus
Katrien Geers
Gregory Stephane Kalfus
Stephane Kalfus Gregory
Gregory Kalfus
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
BELFRA
De Singel 6, 2970 Schilde
DirectorManager
Manager
Manager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| De Singel 6, 2970 SchildeCurrent | accounts 2022 → 2025 | Accounts 2025 · 2026-00537741 |
| Houtdok-Zuidkaai 79, 2030 Antwerp-2030 | accounts 2021 | Accounts 2021 · 2022-20141603 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| BELFRACurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00537741 |
Events
- 2025Annual accounts 202537,5 k €↓
- 2024Annual accounts 202446,1 k €↓
- 2023Annual accounts 202368,3 k €↑
- 2022Annual accounts 2022-30 k €↓
- 2021Annual accounts 2021-17,7 k €↓
- 2009Annual accounts 20092,7 k €↓
- 2008Annual accounts 20086 k €↑
- 2007Annual accounts 2007672,7 €↓
- 2006Annual accounts 20061,5 k €
- 13/11/1996IncorporationPrivate company with limited liability