ACTIVE

BELART & CO

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Financial year 2025 · closed on 31/03/2025

Net result

-189,5 k €

-748.2% YoY

Gross margin

11,5 k €

-4.1% YoY

Equity

921,9 k €

-17.0% YoY

Workforce

0,0 ETP

What does BELART & CO do?

BELART & CO is a Private limited company incorporated in 2000. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.552.533

Incorporation

30/03/2000

Legal form

Private limited company

Registered office

Rue d'Angoussart 151
1301 Wavre · WallonieSee on map

Contributed capital

21 136,14 €

Latest accounts

31/03/2025

Average workforce

0,0 ETP

Activities (NACE)

74879Other professional, scientific and technical activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

Solid equityLow riskPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	11,5 k €	-4.1%	12,0 k €	-81.1%	63,5 k €	-62.8%	170,8 k €	+580%	25,1 k €	-47.6%	47,9 k €	-56.6%	110,4 k €	+183%	39,0 k €	+156%	15,2 k €	-59.2%	37,3 k €	-27.6%	51,6 k €	-42.1%	89,1 k €	+158%	34,6 k €	-9.6%	38,2 k €	+267%	10,4 k €
EBITDA	10,3 k €	+3.5%	9,9 k €	-83.9%	61,9 k €	-62.8%	166,5 k €	+655%	22,1 k €	-40.3%	36,9 k €	-65.0%	105,6 k €	+189%	36,6 k €	+187%	12,8 k €	-62.5%	34,0 k €	-31.0%	49,3 k €	-12.1%	56,2 k €	+2050%	2,6 k €	-93.1%	37,8 k €	+282%	9,9 k €
Operating result	5,7 k €	+32.1%	4,3 k €	-92.3%	56,2 k €	-64.9%	160,2 k €	+1196%	-14,6 k €	-1627%	957,7 €	-98.7%	76,4 k €	+224%	23,6 k €	+2787%	-877,9 €	-104%	24,3 k €	-30.8%	35,1 k €	-29.7%	49,9 k €	+393%	-17,0 k €	-145%	37,8 k €	+297%	9,5 k €
Net result	-189,5 k €	-748%	-22,3 k €	-103%	720,1 k €	+546%	111,4 k €	+2464%	4,3 k €	+174%	-5,9 k €	-110%	60,5 k €	+537%	9,5 k €	+215%	-8,2 k €	-175%	10,9 k €	-30.1%	15,6 k €	-43.6%	27,7 k €	+439%	-8,2 k €	-133%	24,9 k €	+162%	9,5 k €
Balance sheet
Equity	921,9 k €	-17.0%	1,1 M €	-2.0%	1,1 M €	+174%	413,7 k €	+152%	164,3 k €	+2.7%	160,0 k €	-3.5%	165,9 k €	+57.4%	105,4 k €	+9.9%	95,9 k €	+4.5%	91,8 k €	+13.5%	80,8 k €	+24.0%	65,2 k €	+73.9%	37,5 k €	-17.9%	45,7 k €	+120%	20,8 k €
Total assets	2,1 M €	+1.5%	2,1 M €	-7.2%	2,3 M €	+49.8%	1,5 M €	+148%	609,4 k €	+12.9%	539,7 k €	-3.0%	556,3 k €	+18.6%	469,2 k €	+17.9%	397,9 k €	+30.1%	305,7 k €	-23.7%	400,7 k €	-17.6%	485,9 k €	+140%	202,6 k €	+187%	70,6 k €	-22.4%	91,1 k €
Cash	216,6 k €	+190%	74,8 k €	-79.0%	355,8 k €	+276%	94,5 k €	+343%	21,3 k €	-62.4%	56,7 k €	-58.6%	136,8 k €	+357%	29,9 k €	-68.4%	94,8 k €	-5.2%	100,0 k €	-49.8%	199,4 k €	-5.4%	210,8 k €	+689%	26,7 k €	+460%	4,8 k €	-58.7%	11,6 k €
Debts	1,1 M €	+23.7%	927,4 k €	-13.1%	1,1 M €	+3.1%	1,0 M €	+169%	385,1 k €	+20.5%	319,7 k €	-3.2%	330,4 k €	+8.8%	303,8 k €	+25.6%	242,0 k €	+57.2%	153,9 k €	-40.6%	259,1 k €	-28.2%	360,7 k €	+167%	135,1 k €	+441%	25,0 k €	-64.5%	70,3 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 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 31/03/2025 · 1 active · 4 ended

Active mandates

Benoît Callewaert

Director

Active

Ended mandates

Florence PIRLOT

Manager · since 19 juin 2015

Ended

Benoît CALLEWAERT

Manager · since 20 mars 2000

Ended

Benoît Callewaert

Manager

Ended

Florence Pirlot

Director

Ended

At this address

Other companies at this address

Company	CBE no.
ENTREPRISES POLYBUILD● Active	0866.373.514

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/11/2025	24/10/2024	27/10/2023	27/10/2022	30/09/2021	30/10/2020
General meeting	09/09/2025	10/09/2024	12/09/2023	13/09/2022	14/09/2021	08/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	09/09/2025	26/11/2025	French	PDF
Abridged model	31/03/2024	10/09/2024	24/10/2024	French	PDF
Abridged model	31/03/2023	12/09/2023	27/10/2023	French	PDF
Abridged model	31/03/2022	13/09/2022	27/10/2022	French	PDF
Abridged model	31/03/2021	14/09/2021	30/09/2021	French	PDF
Abridged model	31/03/2020	08/09/2020	30/10/2020	French	PDF
Micro model	31/03/2019	10/09/2019	29/10/2019	French	PDF
Micro model	31/03/2018	11/09/2018	30/10/2018	French	PDF
Micro model	31/03/2017	12/09/2017	31/10/2017	French	PDF
Abridged model	31/03/2016	13/09/2016	26/09/2016	French	PDF
Abridged model	31/03/2015	08/09/2015	30/09/2015	French	PDF
Abridged model	31/03/2014	09/09/2014	23/10/2014	French	PDF
Abridged model	31/03/2013	10/09/2013	25/10/2013	French	PDF
Abridged model	31/03/2012	11/09/2012	25/10/2012	French	PDF
Abridged model	31/03/2011	12/09/2011	28/10/2011	French	PDF
Abridged model	31/03/2010	14/09/2010	12/10/2010	French	PDF
Abridged model	31/03/2009	08/09/2009	21/10/2009	French	PDF
Abridged model	31/03/2008	09/09/2008	10/10/2008	French	PDF
Abridged model	31/03/2007	11/09/2007	28/09/2007	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 31/03/2025 · 1 active · 4 ended

Active mandates

Benoît Callewaert

Director

Active

Ended mandates

Florence PIRLOT

Manager · since 19 juin 2015

Ended

Benoît CALLEWAERT

Manager · since 20 mars 2000

Ended

Benoît Callewaert

Manager

Ended

Florence Pirlot

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/02/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates27/04/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates20/06/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates06/07/2015
DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office25/04/2003
SIEGE SOCIAL
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 2025-189,5 k €↓
2024
Annual accounts 2024-22,3 k €↓
2023
Annual accounts 2023720,1 k €↑
2022
Annual accounts 2022111,4 k €↑
2019
Annual accounts 20194,3 k €↑
2018
Annual accounts 2018-5,9 k €↓
2017
Annual accounts 201760,5 k €↑
2016
Annual accounts 20169,5 k €↑
2015
Annual accounts 2015-8,2 k €↓
2014
Annual accounts 201410,9 k €↓
2013
Annual accounts 201315,6 k €↓
2012
Annual accounts 201227,7 k €↑
2011
Annual accounts 2011-8,2 k €↓
2010
Annual accounts 201024,9 k €↑
2009
Annual accounts 20099,5 k €
30/03/2000
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

BELART & CO

Overview

What does BELART & CO do?

Trend over 15 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