ACTIVE

BELFIMAS

Export PDF

Financial year 2025 · Closed on 30/09/2025

Net result39,1 M €+12,2 %over 1 year

Equity315,5 M €+0,5 %over 1 year

Identity

Source · BCE/KBO

BELFIMAS is a Public limited company incorporated in 1997. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0460.831.954
Incorporation: 10/06/1997
Legal form: Public limited company
Registered office: Begijnenvest 113
2000 Antwerpen · FlandreSee on map
Contributed capital: 158 761 608,91 €
Latest accounts: 30/09/2025

Signals

ProfitableSolid equityLow riskPositive cashflow

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
EBITDA	-10,9 k €	+19.8%	-13,6 k €	-37.7%	-9,9 k €	+5.3%	-10,4 k €	-1.4%	-10,3 k €
Operating result	-10,9 k €	+19.8%	-13,6 k €	-37.7%	-9,9 k €	+5.3%	-10,4 k €	-1.4%	-10,3 k €
Net result	39,1 M €	+12.2%	34,8 M €	+9.4%	31,8 M €	+13.8%	28 M €	-41.5%	47,8 M €
Balance sheet
Equity	315,5 M €	+0.5%	313,8 M €	-0.6%	315,8 M €	+0.5%	314,4 M €	-0.0%	314,4 M €
Total assets	353,4 M €	+1.2%	349,4 M €	+0.9%	346,2 M €	+1.1%	342,4 M €	+1.2%	338,5 M €
Cash	19,5 k €	-73.0%	72,1 k €	-99.8%	31,9 M €	+13.7%	28 M €	+16.4%	24,1 M €
Debts	37,9 M €	+7.0%	35,4 M €	+16.5%	30,4 M €	+8.6%	28 M €	+16.3%	24,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe de Patoul	Director20/11/2008 → 20/11/2026
Frederic van Haaren	Director20/11/2013 → 20/11/2025
Luc Bertrand	Director11/12/2006 → 20/11/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain Dieryck	Director11/12/2006 → 2013 accounts
Rita Reichling	Director20/10/2010 → 2013 accounts

Other companies at this address

Begijnenvest 113 2000 Antwerpen

Company	CBE no.
ACKERMANS & VAN HAAREN● Active	0404.616.494
Ackermans & van Haaren group● Active	1011.663.280
ANFIMA● Active	0426.265.213
BAARBEEK● Active	0872.203.709
BRINVEST● Active	0431.697.411
FinAx● Active	0718.694.279
GREEN OFFSHORE● Active	0832.273.757
GreenStor● Active	0803.082.794
OKSALYS● Active	0425.199.993
SCALDIS INVEST● Active	0460.832.152

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/12/2025	04/12/2024	28/11/2023	06/12/2022	15/12/2021	01/10/2021
General meeting	20/11/2025	20/11/2024	20/11/2023	21/11/2022	22/11/2021	20/11/2020
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 · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	20/11/2025	03/12/2025	Dutch	PDF
Full model	30/09/2024	20/11/2024	04/12/2024	Dutch	PDF
Full model	30/09/2023	20/11/2023	28/11/2023	Dutch	PDF
Full model	30/09/2022	21/11/2022	06/12/2022	Dutch	PDF
Full model	30/09/2021	22/11/2021	15/12/2021	Dutch	PDF
Full model	30/09/2020	20/11/2020	01/10/2021	Dutch	PDF
Full model	30/09/2019	20/11/2019	25/11/2019	Dutch	PDF
Full model	30/09/2018	20/11/2018	10/12/2018	Dutch	PDF
Full model	30/09/2017	20/11/2017	22/11/2017	Dutch	PDF
Full model	30/09/2016	21/11/2016	22/11/2016	Dutch	PDF
Full model	30/09/2015	20/11/2015	02/12/2015	Dutch	PDF
Full model	30/09/2014	20/11/2014	12/12/2014	Dutch	PDF
Full model	30/09/2013	20/11/2013	11/12/2013	Dutch	PDF
Full model	30/09/2012	20/11/2012	11/12/2012	Dutch	PDF
Full model	30/09/2011	21/11/2011	15/12/2011	Dutch	PDF
Full model	30/09/2010	22/11/2010	15/12/2010	Dutch	PDF
Full model	30/09/2009	20/11/2009	25/11/2009	Dutch	PDF
Full model	30/09/2008	20/11/2008	25/11/2008	Dutch	PDF
Full model	30/09/2007	20/11/2007	28/11/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe de Patoul	Director20/11/2008 → 20/11/2026
Frederic van Haaren	Director20/11/2013 → 20/11/2025
Luc Bertrand	Director11/12/2006 → 20/11/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain Dieryck	Director11/12/2006 → 2013 accounts
Rita Reichling	Director20/10/2010 → 2013 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates16/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/10/2017
KAPITAAL - AANDELEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Philippe de Patoul

Luc Bertrand

Frederic van Haaren

Rita Reichling

Alain Dieryck

199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BELFIMAS

Begijnenvest 113, 2000 Antwerp

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Begijnenvest 113, 2000 AntwerpCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00579342

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BELFIMASCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00579342

Events

20/11/2025
reconductionLuc Bertrand · bestuurder
20/11/2025
reconductionFrederic van Haaren · bestuurder
2025
Annual accounts 202539,1 M €↑
2024
Annual accounts 202434,8 M €↑
20/11/2023
reconductionPhilippe de Patoul · bestuurder
20/11/2023
reconductionErnst & Young Bedrijfsrevisoren BV · commissaris
2023
Annual accounts 202331,8 M €↑
21/11/2022
reconductionLuc Bertrand · bestuurder
21/11/2022
reconductionFrederic van Haaren · bestuurder
2022
Annual accounts 202228 M €↓
2021
Annual accounts 202147,8 M €↑
2020
Annual accounts 2020-27,3 k €↓
2019
Annual accounts 201923,7 M €↓
2018
Annual accounts 201830 M €↑
2017
Annual accounts 201719,9 M €↑
2016
Annual accounts 201619,2 M €↑
2015
Annual accounts 201518,2 M €↑
2014
Annual accounts 201417 M €↑
2013
Annual accounts 201316,8 M €↑
2012
Annual accounts 201216,5 M €↑
2011
Annual accounts 201115,4 M €↑
2010
Annual accounts 201014,2 M €↑
2009
Annual accounts 200913,8 M €
10/06/1997
IncorporationPublic limited company

BELFIMAS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events