ACTIVE

BELMAR

Financial year 2024 · closed on 31/12/2024
Net result
-115,7 k €
+50.7% YoY
Gross margin
138,1 k €
-34.5% YoY
Equity
302,9 k €
+80.6% YoY
Workforce
6,8 ETP
-21.8% YoY

What does BELMAR do?

BELMAR is a Public limited company incorporated in 2001. Its main activity is: Painting and glazing. Its registered office is in Antwerpen. It employs on average 6,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.145.007
Incorporation
21/02/2001
Legal form
Public limited company
Registered office
Veldstraat 35
2060 Antwerpen · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
6,8 ETP
Joint committees (2)
  • 119
  • 201
Signals
Solid equityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212009200820072006
Income statement
Gross margin138,1 k €210,8 k €196,4 k €231,4 k €135,6 k €155,3 k €148 k €200,8 k €
EBITDA-60 k €-181,8 k €9,7 k €47,8 k €52,1 k €74,7 k €-4,4 k €22 k €
Operating result-91,2 k €-209,2 k €-3,4 k €35,7 k €44,2 k €68,3 k €-14,2 k €-6,5 k €
Net result-115,7 k €-234,5 k €-25,8 k €884,6 €31,3 k €57,9 k €-24,2 k €-150,8 k €
Balance sheet
Equity302,9 k €167,7 k €208,1 k €233,9 k €-47,6 k €-78,9 k €-136,8 k €-112,6 k €
Total assets727 k €572,7 k €418,7 k €395,5 k €259,6 k €252,8 k €222,7 k €245,9 k €
Cash2,2 k €31,8 k €40,1 k €28 k €25,4 k €53,9 k €30,5 k €54,9 k €
Debts423,5 k €404,3 k €208,1 k €161,6 k €306,7 k €330,5 k €359,5 k €358,3 k €
Other
Workforce6,8 ETP8,7 ETP8,9 ETP6,9 ETP3,3 ETP3,6 ETP6,7 ETP6,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 24 ended

Active mandates

Mohamed Bouziani

Director · since 05 février 2024 · until 02 juin 2029

Active
Ouarda Bouziani

Managing director · since 05 février 2024 · until 02 juin 2029

Active

Ended mandates

Ouarda BOUZIANI,

Managing director · since 05 février 2024 · until 02 juin 2029

Ended
Mohamed Bouziani

Director · since 29 décembre 2022 · until 05 mars 2024

Ended
Mimoun MOUSSAOUI

Director · since 05 mars 2022 · until 29 décembre 2022

Ended
Mimoun MOUSSAOUI

Director · since 05 mars 2022 · until 01 mars 2025

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/07/202531/07/202431/08/202328/06/202227/08/202108/10/2020
General meeting07/06/202530/06/202427/05/202328/05/202209/07/202131/08/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202407/06/202504/07/2025DutchPDF
Abridged model31/12/202330/06/202431/07/2024DutchPDF
Abridged model31/12/202227/05/202331/08/2023DutchPDF
Abridged model31/12/202128/05/202228/06/2022DutchPDF
Abridged model31/12/202009/07/202127/08/2021DutchPDF
Abridged model31/12/201931/08/202008/10/2020DutchPDF
Abridged model31/12/201828/06/201908/08/2019DutchPDF
Abridged model31/12/201729/06/201825/09/2018DutchPDF
Abridged model31/12/201604/03/201729/09/2017DutchPDF
Abridged model31/12/201504/10/201628/10/2016DutchPDF
Abridged model31/12/201405/10/201520/11/2015DutchPDF
Abridged model31/12/201330/09/201417/10/2014DutchPDF
Abridged model31/12/201215/10/201320/12/2013DutchPDF
Abridged model31/12/201107/11/201209/04/2013DutchPDF
Abridged model31/12/201031/12/201131/12/2011DutchPDF
Abridged model31/12/200908/05/201026/08/2010DutchPDF
Abridged model31/12/200807/03/200927/08/2009DutchPDF
Abridged model31/12/200719/04/200829/05/2008DutchPDF
Abridged model31/12/200625/07/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 2 active · 24 ended

Active mandates

Mohamed Bouziani

Director · since 05 février 2024 · until 02 juin 2029

Active
Ouarda Bouziani

Managing director · since 05 février 2024 · until 02 juin 2029

Active

Ended mandates

Ouarda BOUZIANI,

Managing director · since 05 février 2024 · until 02 juin 2029

Ended
Mohamed Bouziani

Director · since 29 décembre 2022 · until 05 mars 2024

Ended
Mimoun MOUSSAOUI

Director · since 05 mars 2022 · until 29 décembre 2022

Ended
Mimoun MOUSSAOUI

Director · since 05 mars 2022 · until 01 mars 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2019
    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. 2024
    Annual accounts 2024-115,7 k €
  2. 2023
    Annual accounts 2023-234,5 k €
  3. 2022
    Annual accounts 2022-25,8 k €
  4. 2021
    Annual accounts 2021884,6 €
  5. 2009
    Annual accounts 200931,3 k €
  6. 2008
    Annual accounts 200857,9 k €
  7. 2007
    Annual accounts 2007-24,2 k €
  8. 2006
    Annual accounts 2006-150,8 k €
  9. 21/02/2001
    IncorporationPublic limited company