ACTIVE

BELFIMA INVEST

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Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
-4.4% YoY
Gross margin
-1,2 M €
+7.1% YoY
Equity
130,9 M €
-1.4% YoY
Workforce
0,5 ETP
0.0% YoY

What does BELFIMA INVEST do?

BELFIMA INVEST is a Public limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Merelbeke-Melle. It employs on average 0,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0466.014.328
Incorporation
07/05/1999
Legal form
Public limited company
Registered office
Collegebaan 2C
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
42 513 739,50 €
Latest accounts
31/12/2025
Average workforce
0,5 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (2)
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin-1,2 M €-1,3 M €–––––-47,2 k €-59,8 k €-45,1 k €-45,6 k €-43,9 k €-44,9 k €
EBITDA-1,4 M €-1,5 M €-377,6 k €-193,5 k €-63,2 k €-25,3 k €53,2 k €-48 k €-61,4 k €-46,7 k €-47,2 k €-46,1 k €-47,1 k €
Operating result-1,5 M €-1,6 M €-432,2 k €-249,8 k €-119,4 k €-62,4 k €53 k €-48,2 k €-61,6 k €-58,6 k €-59,4 k €-58,3 k €-59,7 k €
Net result1,2 M €1,2 M €1,4 M €81,1 M €1,7 M €13,5 M €1,5 M €-1,3 M €4,7 M €903,4 k €-4,1 M €-8,8 M €-15,1 M €
Balance sheet
Equity130,9 M €132,7 M €135,8 M €134,4 M €53,2 M €33,8 M €20,3 M €18,8 M €20,1 M €15,4 M €14,5 M €18,6 M €27,4 M €
Total assets138,5 M €137,7 M €139,6 M €138,5 M €59 M €36,8 M €20,6 M €19,8 M €21,8 M €17,7 M €16,6 M €20,6 M €29,2 M €
Cash1,2 M €2,9 M €5,4 M €32,2 M €4,1 M €58,4 k €54,9 k €347 €9,2 k €–––5,7 k €
Debts7,6 M €5 M €3,8 M €4,1 M €5,7 M €3 M €254,1 k €1 M €1,7 M €2 M €1,9 M €1,9 M €1,8 M €
Other
Workforce0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Katty De Walsche

Director · since 10 juin 2026 · until 19 juin 2032

Active
Peter De Cuyper

Managing director · since 10 juin 2026 · until 19 juin 2032

Active

Ended mandates

Peter De Cuyper

Managing director · since 01 octobre 2021 · until 15 décembre 2026

Ended
Katty De Walsche

Bestuurder · since 21 décembre 2020 · until 15 décembre 2026

Ended
Katty De Walsche

Director · since 21 décembre 2020 · until 15 décembre 2026

Ended
Peter De Cuyper

Gedelegeerd bestuurder · since 21 décembre 2020 · until 15 décembre 2026

Ended
At this address

Other companies at this address

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0773.960.129
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0726.607.006
Ecospenser Technologies● Active
0807.674.161
Ecospenser Trading● Active
0676.518.184
EMDEC● Active
0743.959.217
Fodec Management● Active
0726.607.303
IMMO BELINVEST● Active
0439.689.023
IMMO TRADEC● Active
0439.777.214
JUDEC● Active
0792.918.184
Primmodec● Active
1015.944.940
TRADEC INVEST● Active
0453.976.133
TRADIDEC● Active
0464.996.422
VALUEDEC● Active
0780.548.112
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202625/07/202530/09/202413/07/202319/07/202219/07/2021
General meeting20/06/202621/06/202513/08/202430/06/202311/07/202219/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202607/07/2026DutchPDF
Abridged model31/12/202421/06/202525/07/2025DutchPDF
Full model31/12/202313/08/202430/09/2024DutchPDF
Full model31/12/202230/06/202313/07/2023DutchPDF
Full model31/12/202111/07/202219/07/2022DutchPDF
Full model31/12/202019/06/202119/07/2021DutchPDF
Full model31/12/201920/06/202016/07/2020DutchPDF
Full model31/12/201815/06/201912/07/2019DutchPDF
Full model31/12/201716/06/201825/07/2018DutchPDF
Full model31/12/201617/06/201704/07/2017DutchPDF
Full model31/12/201518/06/201606/07/2016DutchPDF
Full model31/12/201420/06/201516/07/2015DutchPDF
Full model31/12/201321/06/201403/07/2014DutchPDF
Full model31/12/201215/06/201326/06/2013DutchPDF
Abridged model31/12/201116/06/201222/06/2012DutchPDF
Abridged model31/12/201018/06/201122/06/2011DutchPDF
Abridged model31/12/200919/06/201031/08/2010DutchPDF
Abridged model31/12/200820/06/200914/08/2009DutchPDF
Abridged model31/12/200721/06/200829/08/2008DutchPDF
Abridged model31/12/200616/06/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 24 ended

Active mandates

Katty De Walsche

Director · since 10 juin 2026 · until 19 juin 2032

Active
Peter De Cuyper

Managing director · since 10 juin 2026 · until 19 juin 2032

Active

Ended mandates

Peter De Cuyper

Managing director · since 01 octobre 2021 · until 15 décembre 2026

Ended
Katty De Walsche

Bestuurder · since 21 décembre 2020 · until 15 décembre 2026

Ended
Katty De Walsche

Director · since 21 décembre 2020 · until 15 décembre 2026

Ended
Peter De Cuyper

Gedelegeerd bestuurder · since 21 décembre 2020 · until 15 décembre 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Other12/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Capital / shares12/06/2026
    DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates17/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2020
    MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2010
    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

Timeline

  1. 10/06/2026
    reduction_capital
  2. 2025
    Annual accounts 20251,2 M €↓
  3. 2024
    Annual accounts 20241,2 M €↓
  4. 2023
    Annual accounts 20231,4 M €↓
  5. 2022
    Annual accounts 202281,1 M €↑
  6. 2021
    Annual accounts 20211,7 M €↓
  7. 2013
    Annual accounts 201313,5 M €↑
  8. 2012
    Annual accounts 20121,5 M €↑
  9. 2011
    Annual accounts 2011-1,3 M €↓
  10. 2010
    Annual accounts 20104,7 M €↑
  11. 2009
    Annual accounts 2009903,4 k €↑
  12. 2008
    Annual accounts 2008-4,1 M €↑
  13. 2007
    Annual accounts 2007-8,8 M €↑
  14. 2006
    Annual accounts 2006-15,1 M €
  15. 07/05/1999
    IncorporationPublic limited company