BELCO FLANDERS
0471.483.544 · rovalta.com · 25/09/2026
ACTIVE
BELCO FLANDERS
Financial year 2025 · Closed on 31/12/2025
Net result120,3 k €+11,6 %over 1 year
Gross margin2,3 M €+29,4 %over 1 year
Equity2,4 M €+5,3 %over 1 year
Workforce1,0 ETP0,0 %over 1 year
Overview
Identity
Source · BCE/KBOBELCO FLANDERS is a Public limited company incorporated in 2000. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gent. It employs on average 1,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0471.483.544
- Incorporation
- 22/03/2000
- Legal form
- Public limited company
- Registered office
- Bellevue 5 box 301
9050 Gent · FlandreSee on map - Contributed capital
- 62 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 1,0 ETP
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 2,3 M € | +29.4% | 1,8 M € | +28.6% | 1,4 M € | -31.2% | 2 M € | -12.6% | 2,3 M € |
| EBITDA | 1,9 M € | +28.1% | 1,5 M € | +35.0% | 1,1 M € | -35.3% | 1,7 M € | -15.1% | 2 M € |
| Operating result | 1,1 M € | +53.2% | 708,9 k € | +56.1% | 454 k € | -62.3% | 1,2 M € | -14.1% | 1,4 M € |
| Net result | 120,3 k € | +11.6% | 107,8 k € | +55.5% | 69,3 k € | -55.4% | 155,2 k € | -7.5% | 167,8 k € |
| Balance sheet | |||||||||
| Equity | 2,4 M € | +5.3% | 2,3 M € | +5.0% | 2,2 M € | +3.3% | 2,1 M € | +8.0% | 1,9 M € |
| Total assets | 10,8 M € | -3.4% | 11,2 M € | +8.5% | 10,3 M € | +30.7% | 7,9 M € | +2.1% | 7,7 M € |
| Cash | 284,6 k € | -3.3% | 294,4 k € | +133% | 126,5 k € | -30.1% | 180,8 k € | -11.2% | 203,5 k € |
| Debts | 8,2 M € | -7.7% | 8,9 M € | +9.3% | 8,1 M € | +41.4% | 5,7 M € | +0.2% | 5,7 M € |
| Other | |||||||||
| Workforce | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | -9.1% | 1,1 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Bellevue 5 9050 Gent| Company | CBE no. |
|---|---|
BRICSYS● Active | 0846.256.902 |
Crye Precision Europe● Active | 1014.471.134 |
DEMA PROJECTS● Active | 0741.381.391 |
Food & Co● Active | 0880.591.338 |
FREESPACE● Active | 0508.436.287 |
G-LABEL● Active | 0887.250.486 |
GREEN-CORNER● Active | 0431.232.306 |
HERON● Active | 0473.661.193 |
Level Peaks Europe● Active | 1031.038.932 |
LOSHOP● Active | 0837.794.839 |
MEMLINC SHOPS● Active | 0435.822.879 |
MIKEPPE● Active | 0887.841.196 |
PILATUS CLUB ONE● Active | 0822.787.454 |
| 1024.453.721 | |
Toba HR Solutions● Active | 0476.252.776 |
Tribe Europe Partners● Active | 0787.257.146 |
Financials
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 | 28/08/2026 | 11/07/2025 | 28/08/2024 | 31/08/2023 | 31/08/2022 | 25/08/2021 |
| General meeting | 12/08/2026 | 30/05/2025 | 30/05/2024 | 30/05/2023 | 30/05/2022 | 30/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/08/2026 | 28/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/05/2025 | 11/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 30/05/2024 | 28/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/05/2023 | 31/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/05/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/05/2021 | 25/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 29/05/2020 | 09/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 31/05/2019 | 22/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/05/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/05/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/05/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/05/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/05/2014 | 23/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/05/2013 | 27/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/05/2012 | 29/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/05/2011 | 20/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/05/2010 | 01/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/05/2009 | 02/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/05/2008 | 10/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/05/2007 | 19/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Publications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other16/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
- Mandates24/07/2023ONTSLAGEN - BENOEMINGEN
- Mandates29/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates07/07/2020ONTSLAGEN - BENOEMINGEN
- Mandates07/08/2013ONTSLAGEN - BENOEMINGEN
- Mandates28/06/2010ONTSLAGEN - BENOEMINGEN
- Mandates11/12/2007ONTSLAGEN - BENOEMINGEN
- Registered office24/07/2007Zetelverplaatsing
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025120,3 k €↑
- 2024Annual accounts 2024107,8 k €↑
- 2023Annual accounts 202369,3 k €↓
- 2022Annual accounts 2022155,2 k €↓
- 2021Annual accounts 2021167,8 k €↑
- 2018Annual accounts 2018136 k €↑
- 2017Annual accounts 2017135,3 k €↑
- 2016Annual accounts 2016126,1 k €↓
- 2015Annual accounts 2015132,5 k €↑
- 2014Annual accounts 2014125,7 k €↑
- 2013Annual accounts 2013102,6 k €↑
- 2012Annual accounts 201295,9 k €↓
- 2011Annual accounts 2011114,9 k €↑
- 2010Annual accounts 201045,3 k €↓
- 2009Annual accounts 200992,9 k €↓
- 2008Annual accounts 2008109,1 k €↑
- 2007Annual accounts 200780,2 k €↑
- 2006Annual accounts 200611,2 k €
- 22/03/2000IncorporationPublic limited company