ACTIVE

BELA

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Financial year 2025 · closed on 31/12/2025

Net result

174,5 k €

-7.1% YoY

Gross margin

825,7 k €

+2.5% YoY

Equity

1,5 M €

+14.1% YoY

Workforce

9,7 ETP

+5.4% YoY

What does BELA do?

BELA is a Private limited company incorporated in 1999. Its registered office is in Rijkevorsel. It employs on average 9,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.332.052

Incorporation

13/07/1999

Legal form

Private limited company

Registered office

Looiweg 155
2310 Rijkevorsel · FlandreSee on map

Contributed capital

48 587,13 €

Latest accounts

31/12/2025

Average workforce

9,7 ETP

Joint committees (5)

145
1450
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	825,7 k €	+2.5%	805,4 k €	+24.7%	645,9 k €	+12.7%	573 k €	-15.2%	675,3 k €	-5.8%	716,8 k €	+39.8%	512,6 k €	+3.4%	495,8 k €	-21.9%	634,6 k €	+0.3%	632,4 k €	-8.4%	690,5 k €	+28.0%	539,3 k €	-4.9%	567,3 k €	+19.8%	473,6 k €	+432%	89,1 k €	-22.0%	114,2 k €	+485%	-29,6 k €	-119%	155,8 k €	-45.7%	287 k €	+37.5%	208,7 k €
EBITDA	363,4 k €	-0.6%	365,6 k €	+42.4%	256,7 k €	-6.9%	275,6 k €	-23.5%	360,2 k €	-8.4%	393,4 k €	+154%	154,9 k €	-8.3%	168,9 k €	-52.6%	356,3 k €	-5.3%	376,4 k €	-17.7%	457,5 k €	+53.7%	297,7 k €	-3.2%	307,5 k €	+17.0%	262,7 k €	+3514%	-7,7 k €	-126%	29,1 k €	+125%	-114,7 k €	-229%	88,8 k €	-58.6%	214,6 k €	+57.6%	136,1 k €
Operating result	245,8 k €	-3.7%	255,2 k €	+53.4%	166,3 k €	-14.6%	194,7 k €	-13.6%	225,4 k €	-7.1%	242,7 k €	+7866%	-3,1 k €	-122%	13,9 k €	-92.4%	182,1 k €	-3.2%	188,1 k €	-20.1%	235,5 k €	+67.1%	141 k €	+56.0%	90,4 k €	+37.9%	65,5 k €	+147%	-140,6 k €	-262%	-38,9 k €	+79.2%	-187,1 k €	-888%	23,8 k €	-83.5%	143,6 k €	+112%	67,7 k €
Net result	174,5 k €	-7.1%	187,8 k €	+38.8%	135,3 k €	-5.0%	142,4 k €	-13.7%	165 k €	-4.9%	173,6 k €	+1500%	10,8 k €	-41.3%	18,5 k €	-85.0%	123,2 k €	+1.2%	121,7 k €	-24.7%	161,6 k €	+20.0%	134,6 k €	+190%	46,5 k €	+83.4%	25,3 k €	+116%	-157,9 k €	-185%	-55,4 k €	+72.1%	-198,5 k €	-2270%	9,1 k €	-91.8%	111 k €	+128%	48,6 k €
Balance sheet
Equity	1,5 M €	+14.1%	1,3 M €	+15.9%	1,2 M €	+12.4%	1 M €	+3.0%	995,4 k €	+5.6%	942,8 k €	+2.2%	922,7 k €	-3.7%	957,9 k €	+1.0%	948,9 k €	+15.5%	821,5 k €	+16.4%	705,7 k €	+30.5%	540,7 k €	+41.7%	381,5 k €	+13.1%	337,4 k €	+7.3%	314,4 k €	-29.1%	443,7 k €	+239%	130,9 k €	-60.2%	328,7 k €	+2.9%	319,5 k €	+53.2%	208,5 k €
Total assets	2 M €	+3.8%	1,9 M €	+11.8%	1,7 M €	-5.3%	1,8 M €	-0.8%	1,8 M €	-3.5%	1,9 M €	+5.0%	1,8 M €	+15.1%	1,6 M €	-2.0%	1,6 M €	+3.2%	1,6 M €	-3.4%	1,6 M €	+8.7%	1,5 M €	-0.1%	1,5 M €	+5.9%	1,4 M €	-13.6%	1,6 M €	+81.6%	890,4 k €	+51.9%	586,1 k €	-24.4%	775 k €	-6.2%	826,3 k €	+7.8%	766,6 k €
Cash	330,9 k €	+22.1%	271 k €	+16.9%	231,9 k €	-56.1%	527,7 k €	+3.9%	507,8 k €	-5.5%	537,6 k €	+25.9%	427 k €	-24.5%	565,3 k €	+19.9%	471,5 k €	+28.4%	367,1 k €	-11.7%	415,8 k €	+73.0%	240,4 k €	+103%	118,4 k €	+26.9%	93,3 k €	-50.2%	187,5 k €	+115%	87,4 k €	+11.3%	78,5 k €	-16.7%	94,2 k €	-68.4%	298,4 k €	+51.1%	197,4 k €
Debts	465,2 k €	-20.0%	581,3 k €	+3.4%	562,4 k €	-28.4%	785,3 k €	-5.3%	829,3 k €	-12.4%	946,8 k €	+8.0%	876,8 k €	+47.0%	596,6 k €	-7.7%	646,6 k €	-10.7%	724,3 k €	-19.0%	894,2 k €	-4.0%	931,1 k €	-14.7%	1,1 M €	+3.3%	1,1 M €	-18.6%	1,3 M €	+193%	442,5 k €	-2.1%	451,8 k €	+2.5%	441 k €	-11.9%	500,6 k €	-9.0%	550,4 k €
Other
Workforce	9,7 ETP	+5.4%	9,2 ETP	-11.5%	10,4 ETP	+3.0%	10,1 ETP	-11.4%	11,4 ETP	+31.0%	8,7 ETP	-9.4%	9,6 ETP	+39.1%	6,9 ETP	-4.2%	7,2 ETP	-1.4%	7,3 ETP	+4.3%	7,0 ETP	-21.3%	8,9 ETP	+12.7%	7,9 ETP	+3.9%	7,6 ETP	+130%	3,3 ETP	0.0%	3,3 ETP	+17.9%	2,8 ETP	-3.4%	2,9 ETP	-3.3%	3,0 ETP	-18.9%	3,7 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 · 1 active · 5 ended

Active mandates

Hans BEVERS

Director

Active

Ended mandates

Hans Bevers

Director · since 07 mai 2021

Ended

Bevers Hans

Manager · since 01 avril 2011

Ended

Bevers Hans

Manager

Ended

Dirk Bevers

Director

Ended

Annual accounts

Full financial information

	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	30/07/2026	28/07/2025	12/07/2024	14/07/2023	31/08/2022	16/09/2021
General meeting	30/06/2026	30/06/2025	14/06/2024	23/06/2023	26/08/2022	20/08/2021
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	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	26/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	20/08/2021	16/09/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	19/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	12/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/08/2018	21/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	14/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/07/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	26/09/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	27/09/2013	Dutch	PDF
Abridged model	31/12/2011	31/08/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/07/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/07/2008	01/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	13/07/2007	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 · 1 active · 5 ended

Active mandates

Hans BEVERS

Director

Active

Ended mandates

Hans Bevers

Director · since 07 mai 2021

Ended

Bevers Hans

Manager · since 01 avril 2011

Ended

Bevers Hans

Manager

Ended

Dirk Bevers

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/05/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other09/02/2004
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025174,5 k €↓
2024
Annual accounts 2024187,8 k €↑
2023
Annual accounts 2023135,3 k €↓
2022
Annual accounts 2022142,4 k €↓
2021
Annual accounts 2021165 k €↓
2020
Annual accounts 2020173,6 k €↑
2019
Annual accounts 201910,8 k €↓
2018
Annual accounts 201818,5 k €↓
2017
Annual accounts 2017123,2 k €↑
2016
Annual accounts 2016121,7 k €↓
2015
Annual accounts 2015161,6 k €↑
2014
Annual accounts 2014134,6 k €↑
2013
Annual accounts 201346,5 k €↑
2012
Annual accounts 201225,3 k €↑
2011
Annual accounts 2011-157,9 k €↓
2010
Annual accounts 2010-55,4 k €↑
2009
Annual accounts 2009-198,5 k €↓
2008
Annual accounts 20089,1 k €↓
2007
Annual accounts 2007111 k €↑
2006
Annual accounts 200648,6 k €
13/07/1999
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

BELA

Overview

What does BELA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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