ACTIVE

SA BSL DISTRIBUTION

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Financial year 2025 · Closed on 31/12/2025

Net result100 k €+21,0 %over 1 year

Gross margin572,7 k €+20,9 %over 1 year

Equity474,6 k €+23,4 %over 1 year

Workforce7,6 ETP-6,2 %over 1 year

Identity

Source · BCE/KBO

SA BSL DISTRIBUTION is a Public limited company incorporated in 1998. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Havelange. It employs on average 7,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0463.058.402
Incorporation: 03/04/1998
Legal form: Public limited company
Registered office: Ruelle Catin(H) 2
5370 Havelange · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 7,6 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47113Retail sale in non-specialised stores with food, beverages or tobacco predominating 52113Warehousing and storage 47120Retail sale in non-specialised stores 47789Other retail sale of new goods in specialised stores 52210Service activities incidental to land transportation+1

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	572,7 k €	+20.9%	473,8 k €	+86.1%	254,6 k €	-5.4%	269 k €	+0.3%	268,1 k €
EBITDA	292,6 k €	+26.3%	231,8 k €	+190%	79,9 k €	-36.4%	125,7 k €	+40.0%	89,8 k €
Operating result	176,1 k €	+38.4%	127,3 k €	+511%	20,8 k €	-75.0%	83,4 k €	+77.4%	47 k €
Net result	100 k €	+21.0%	82,6 k €	+1085%	-8,4 k €	-116%	51,4 k €	+59.6%	32,2 k €
Balance sheet
Equity	474,6 k €	+23.4%	384,6 k €	-30.3%	551,9 k €	-1.5%	560,3 k €	0.0%	560,3 k €
Total assets	1,8 M €	-13.6%	2,1 M €	+4.1%	2 M €	+51.8%	1,3 M €	-17.7%	1,6 M €
Cash	86,5 k €	-36.1%	135,5 k €	+21.4%	111,6 k €	+81.0%	61,7 k €	-4.9%	64,8 k €
Debts	1,4 M €	-21.5%	1,7 M €	+17.9%	1,5 M €	+97.1%	743,2 k €	-28.1%	1 M €
Other
Workforce	7,6 ETP	-6.2%	8,1 ETP	+19.1%	6,8 ETP	+28.3%	5,3 ETP	-8.6%	5,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Margaux BAYET	Director02/08/2025 → 27/06/2031
HAVE INVEST0535.745.648Represented by Arnaud BAYET	Managing director19/06/2013 → 27/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud BAYET	Managing director23/08/2010 → 2020 accounts
Malika LOULOU	Managing director23/08/2010 → 2012 accounts

Other companies at this address

Ruelle Catin(H) 2 5370 Havelange

Company	CBE no.
Association des Copropriétaires de l'immeuble dénommé "Résidence Le Brin de Muguet"● Active	0818.996.338
HAVE INVEST● Active	0535.745.648

Full financial information

Source · NBB

	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	29/06/2026	03/07/2025	01/07/2024	03/07/2023	01/06/2022	05/07/2021
General meeting	26/06/2026	26/06/2025	28/06/2024	30/06/2023	20/05/2022	15/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	03/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	03/07/2023	French	PDF
Abridged model	31/12/2021	20/05/2022	01/06/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	05/07/2021	French	PDF
Abridged model	31/12/2019	31/05/2020	16/06/2020	French	PDF
Abridged model	31/12/2018	17/06/2019	26/06/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	12/06/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	28/09/2012	French	PDF
Abridged model	31/12/2010	02/09/2011	02/09/2011	French	PDF
Abridged model	31/12/2009	23/08/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	19/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	28/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	27/08/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Margaux BAYET	Director02/08/2025 → 27/06/2031
HAVE INVEST0535.745.648Represented by Arnaud BAYET	Managing director19/06/2013 → 27/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud BAYET	Managing director23/08/2010 → 2020 accounts
Malika LOULOU	Managing director23/08/2010 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/12/2021
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates09/11/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates28/09/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2004
NOMINATION
PDF
Mandates16/05/2003
DEMISSIONS, NOMINATIONS
PDF
Mandates16/05/2003
DENOMINATION - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

Filings20 filings

Mandates

Margaux BAYET

HAVE INVEST

Arnaud BAYET

Malika LOULOU

1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

SA BSL DISTRIBUTION

Ruelle Catin(H) 2, 5370 Havelange

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ruelle Catin(H) 2, 5370 HavelangeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00209312

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SA BSL DISTRIBUTIONCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00209312

Events

2025
Annual accounts 2025100 k €↑
2024
Annual accounts 202482,6 k €↑
2023
Annual accounts 2023-8,4 k €↓
2022
Annual accounts 202251,4 k €↑
2021
Annual accounts 202132,2 k €↓
2020
Annual accounts 202097,9 k €↑
2019
Annual accounts 201933,6 k €↓
2018
Annual accounts 201878,3 k €↑
2017
Annual accounts 201751,7 k €↑
2016
Annual accounts 20169,8 k €↓
2015
Annual accounts 201573,8 k €↓
2014
Annual accounts 201481,4 k €↑
2013
Annual accounts 2013-32,7 k €↓
2012
Annual accounts 201263,7 k €↑
2011
Annual accounts 201147,6 k €↑
2010
Annual accounts 201013,5 k €↓
2009
Annual accounts 200942,6 k €↑
2008
Annual accounts 2008584,9 €↓
2007
Annual accounts 20077,4 k €↓
2006
Annual accounts 200638,7 k €
03/04/1998
IncorporationPublic limited company

SA BSL DISTRIBUTION

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