ACTIVE

BELHOLD

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Financial year 2025 · closed on 31/12/2025

Net result

20 k €

+47.1% YoY

Gross margin

224,1 k €

+7.2% YoY

Equity

4,1 M €

+0.5% YoY

Workforce

2,0 ETP

0.0% YoY

What does BELHOLD do?

BELHOLD is a Public limited company incorporated in 1999. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Soignies. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.531.891

Incorporation

14/07/1999

Legal form

Public limited company

Registered office

Chemin de Nivelles 27-31
7060 Soignies · WallonieSee on map

Contributed capital

1 522 758,54 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

47120Retail sale in non-specialised stores· main 47191Other retail sale in non-specialised stores 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities 70200Management consultancy activities+2

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	224,1 k €	+7.2%	209,1 k €	+60.7%	130,1 k €	-28.1%	181 k €	-10.8%	203 k €	-12.8%	233 k €	-1.8%	237,2 k €	+54.6%	153,4 k €	-2.5%	157,3 k €		–		–		–		–		–		–		–		–		–
EBITDA	28,2 k €	+48.2%	19 k €	+136%	-53 k €	-386%	18,5 k €	-63.0%	50,1 k €	-56.2%	114,3 k €	+22.2%	93,5 k €	+28.9%	72,5 k €	-22.9%	94,1 k €	-49.2%	185,2 k €	-31.2%	269 k €	+2.1%	263,4 k €	+41.4%	186,3 k €	+36.2%	136,8 k €	-18.6%	168 k €	+12.0%	149,9 k €	+7.7%	139,2 k €	-20.5%	175,1 k €
Operating result	26,7 k €	+64.1%	16,2 k €	+129%	-55,3 k €	-441%	16,2 k €	-67.1%	49,3 k €	-56.2%	112,4 k €	+29.8%	86,7 k €	+20.4%	72 k €	-23.2%	93,7 k €	-49.2%	184,6 k €	-31.2%	268,1 k €	+2.0%	262,8 k €	+48.8%	176,6 k €	+38.5%	127,6 k €	-23.6%	166,9 k €	+12.6%	148,3 k €	+7.3%	138,2 k €	-20.4%	173,6 k €
Net result	20 k €	+47.1%	13,6 k €	+124%	-57 k €	-705%	9,4 k €	-75.5%	38,5 k €	-57.3%	90,3 k €	+41.7%	63,7 k €	+21.3%	52,6 k €	-10.8%	58,9 k €	-49.0%	115,4 k €	-32.1%	169,9 k €	+2.2%	166,3 k €	+61.9%	102,7 k €	+593%	-20,8 k €	-115%	134,7 k €	-49.8%	268 k €	+298%	67,4 k €	-45.9%	124,6 k €
Balance sheet
Equity	4,1 M €	+0.5%	4,1 M €	+0.3%	4,1 M €	-1.4%	4,2 M €	+0.2%	4,2 M €	+0.9%	4,1 M €	+2.2%	4 M €	-0.8%	4,1 M €	+1.3%	4 M €	+1.5%	3,9 M €	+3.0%	3,8 M €	+4.6%	3,7 M €	+4.8%	3,5 M €	+3.0%	3,4 M €	-0.6%	3,4 M €	+4.1%	3,3 M €	+6.1%	3,1 M €	-0.4%	3,1 M €
Total assets	4,4 M €	+0.3%	4,4 M €	+0.0%	4,4 M €	-0.3%	4,4 M €	+0.6%	4,4 M €	+0.3%	4,4 M €	-0.2%	4,4 M €	-0.5%	4,4 M €	+0.3%	4,4 M €	+0.8%	4,4 M €	+0.4%	4,3 M €	+0.3%	4,3 M €	-0.7%	4,4 M €	+0.6%	4,3 M €	-0.9%	4,4 M €	-5.8%	4,7 M €	+7.5%	4,3 M €	-2.0%	4,4 M €
Cash	20,2 k €	-7.1%	21,8 k €	+69.3%	12,9 k €	-24.5%	17 k €	-5.0%	17,9 k €	-11.7%	20,3 k €	+11.9%	18,2 k €	+40.3%	12,9 k €	-55.0%	28,8 k €	+102%	14,3 k €	-39.1%	23,4 k €	+17.4%	19,9 k €	+74.4%	11,4 k €	-30.6%	16,5 k €	-62.9%	44,4 k €	+99.6%	22,3 k €	+109%	10,7 k €	-45.6%	19,6 k €
Debts	281,8 k €	-2.6%	289,4 k €	-4.3%	302,4 k €	+16.8%	258,9 k €	+6.9%	242,3 k €	-10.0%	269 k €	-27.0%	368,5 k €	+2.8%	358,5 k €	-9.4%	395,8 k €	-6.1%	421,4 k €	-18.8%	518,9 k €	-23.3%	676,9 k €	-22.2%	869,7 k €	-8.0%	945,4 k €	-2.1%	965,8 k €	-29.6%	1,4 M €	+11.0%	1,2 M €	-5.9%	1,3 M €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+53.8%	1,3 ETP	+30.0%	1,0 ETP	-37.5%	1,6 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

DOMINIQUE BELOT

Director

Active

MICHEL BELOT

Director

Active

PASCAL BELOT

Director

Active

Ended mandates

BRIGITTE BELOT

Director · since 27 décembre 2013

Ended

DOMINIQUE BELOT

Director · since 27 décembre 2013

Ended

MICHEL BELOT

Director · since 27 décembre 2013

Ended

PASCAL BELOT

Director · since 27 décembre 2013

Ended

At this address

Other companies at this address

Company	CBE no.
Meubles Belot & Eurostyl● Active	0412.512.987

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	19/03/2026	17/05/2025	07/05/2024	17/05/2023	16/05/2022	30/06/2021
General meeting	06/03/2026	02/05/2025	26/04/2024	28/04/2023	12/05/2022	11/06/2021
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

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	06/03/2026	19/03/2026	French	PDF
Abridged model	31/12/2024	02/05/2025	17/05/2025	French	PDF
Abridged model	31/12/2023	26/04/2024	07/05/2024	French	PDF
Abridged model	31/12/2022	28/04/2023	17/05/2023	French	PDF
Abridged model	31/12/2021	12/05/2022	16/05/2022	French	PDF
Abridged model	31/12/2020	11/06/2021	30/06/2021	French	PDF
Abridged model	31/12/2019	15/05/2020	26/05/2020	French	PDF
Abridged model	31/12/2018	03/05/2019	28/05/2019	French	PDF
Abridged model	31/12/2017	27/04/2018	18/05/2018	French	PDF
Full model	31/12/2016	17/03/2017	04/04/2017	French	PDF
Full model	31/12/2015	26/02/2016	25/03/2016	French	PDF
Full model	31/12/2014	27/02/2015	16/03/2015	French	PDF
Full model	31/12/2013	07/03/2014	21/03/2014	French	PDF
Full model	31/12/2012	08/03/2013	26/03/2013	French	PDF
Full model	31/12/2011	09/03/2012	16/03/2012	French	PDF
Full model	31/12/2010	25/03/2011	28/03/2011	French	PDF
Full model	31/12/2009	26/02/2010	05/03/2010	French	PDF
Full model	31/12/2008	27/02/2009	06/03/2009	French	PDF
Full model	31/12/2007	29/02/2008	27/03/2008	French	PDF
Full model	31/12/2006	25/05/2007	22/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 20 ended

Active mandates

DOMINIQUE BELOT

Director

Active

MICHEL BELOT

Director

Active

PASCAL BELOT

Director

Active

Ended mandates

BRIGITTE BELOT

Director · since 27 décembre 2013

Ended

DOMINIQUE BELOT

Director · since 27 décembre 2013

Ended

MICHEL BELOT

Director · since 27 décembre 2013

Ended

PASCAL BELOT

Director · since 27 décembre 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other20/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/06/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares09/01/2014
CAPITAL, ACTIONS
PDF
Mandates06/10/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates27/10/2004
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202520 k €↑
2024
Annual accounts 202413,6 k €↑
2023
Annual accounts 2023-57 k €↓
2022
Annual accounts 20229,4 k €↓
2021
Annual accounts 202138,5 k €↓
2020
Annual accounts 202090,3 k €↑
2019
Annual accounts 201963,7 k €↑
2018
Annual accounts 201852,6 k €↓
2017
Annual accounts 201758,9 k €↓
2016
Annual accounts 2016115,4 k €↓
2015
Annual accounts 2015169,9 k €↑
2014
Annual accounts 2014166,3 k €↑
2013
Annual accounts 2013102,7 k €↑
2012
Annual accounts 2012-20,8 k €↓
2011
Annual accounts 2011134,7 k €↓
2010
Annual accounts 2010268 k €↑
2009
Annual accounts 200967,4 k €↓
2008
Annual accounts 2008124,6 k €
14/07/1999
IncorporationPublic 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

BELHOLD

Overview

What does BELHOLD do?

Trend over 18 financial years

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