ACTIVE

BELL GROUND

Financial year 2025 · closed on 30/09/2025
Net result
-87 k €
-21.9% YoY
Gross margin
-17,3 k €
+29.6% YoY
Equity
2,4 M €
-3.5% YoY

What does BELL GROUND do?

BELL GROUND is a Public limited company incorporated in 2001. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.629.611
Incorporation
20/04/2001
Legal form
Public limited company
Registered office
Thonissenlaan 71
3500 Hasselt · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Signals
Solid equity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162014201320122011201020092008
Income statement
Gross margin-17,3 k €-24,6 k €6,5 k €36,2 k €-99,7 k €49,2 k €153,1 k €580,8 k €1 M €224 k €-47,5 k €-2,7 k €15,2 k €24,1 k €22,7 k €
EBITDA-18,4 k €-25,6 k €5,4 k €26,9 k €-121,3 k €34,2 k €151,7 k €578 k €976,7 k €223,5 k €-67,4 k €-3,1 k €14,7 k €22,8 k €21,7 k €
Operating result-18,4 k €-25,6 k €5,4 k €26,9 k €-121,3 k €34,2 k €151,7 k €578 k €976,7 k €223,5 k €-67,4 k €-3,1 k €14,7 k €22,8 k €21,7 k €
Net result-87 k €-71,4 k €-38,9 k €-4,7 k €-156,7 k €-24,8 k €142,6 k €498,5 k €937,2 k €-41,4 k €-109,1 k €-12,3 k €-2,2 k €13,2 k €8,3 k €
Balance sheet
Equity2,4 M €2,5 M €2,6 M €2,6 M €2,6 M €129 k €153,8 k €146,2 k €97,7 k €-89,5 k €-48,1 k €61 k €73,2 k €75,4 k €62,2 k €
Total assets7,7 M €7,7 M €7,7 M €8,2 M €8,5 M €5,5 M €2,7 M €2,5 M €2 M €3 M €2,8 M €515,4 k €522,3 k €532,1 k €506,5 k €
Cash6,9 k €7,1 k €1,2 k €7,5 k €138,8 k €179,7 k €13,7 k €21,2 k €20,6 k €20,5 k €11,6 k €5,8 k €12,7 k €654 €296,6 €
Debts5,3 M €5,2 M €5,1 M €5,6 M €5,9 M €5,4 M €2,6 M €2,4 M €1,9 M €3,1 M €2,9 M €454,4 k €449 k €456,7 k €444,3 k €
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 30/09/2025 · 2 active · 30 ended

Active mandates

CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 30 mars 2029 · 0458.779.811

Represented by ONCLIN JUSTIN

Active
CHÂTEAUX REAL ESTATE

Managing director · since 31 mars 2017 · until 30 mars 2029 · 0476.618.903

Represented by ONCLIN PHILIPPE

Active

Ended mandates

CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 31 mars 2023 · 0458.779.811

Represented by Philippe Onclin

Ended
CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 31 mars 2022 · 0458.779.811

Represented by ONCLIN JUSTIN

Ended
CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 31 mars 2023 · 0458.779.811

Represented by ONCLIN JUSTIN

Ended
CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 30 mars 2029 · 0458.779.811

Represented by ONCLIN JUSTIN

Ended
At this address

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0725.749.050
0476.618.903
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DOULTREMONTActive
0422.844.279
0480.054.384
1022.180.654
0892.092.172
Group OnclinActive
0821.419.952
Harbour RetailActive
0534.592.833
Hass-EstateActive
1001.842.625
IMMO FRASNESActive
0475.449.260
0459.666.667
Oude WeerdActive
1012.219.051
0725.749.248
RD8Active
0666.766.320
0822.691.642
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/03/202629/04/202521/03/202431/03/202305/04/202213/04/2021
General meeting27/03/202628/03/202518/03/202431/03/202325/03/202226/03/2021
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 model30/09/202527/03/202627/03/2026DutchPDF
Abridged model30/09/202428/03/202529/04/2025DutchPDF
Abridged model30/09/202318/03/202421/03/2024DutchPDF
Abridged model30/09/202231/03/202331/03/2023DutchPDF
Abridged model30/09/202125/03/202205/04/2022DutchPDF
Abridged model30/09/202026/03/202113/04/2021DutchPDF
Abridged model30/09/201927/03/202031/03/2020DutchPDF
Abridged model30/09/201829/03/201925/04/2019DutchPDF
Abridged model30/09/201730/03/201803/04/2018DutchPDF
Abridged model30/09/201631/03/201704/04/2017DutchPDF
Abridged model31/12/201427/03/201511/08/2015DutchPDF
Abridged model31/12/201328/03/201425/07/2014DutchPDF
Abridged model31/12/201229/03/201330/09/2013DutchPDF
Abridged model31/12/201130/03/201228/08/2012DutchPDF
Abridged model31/12/201028/03/201112/08/2011DutchPDF
Abridged model31/12/200926/03/201020/05/2010DutchPDF
Abridged model31/12/200827/03/200924/07/2009DutchPDF
Abridged model31/12/200728/03/200829/08/2008DutchPDF
Abridged model31/12/200630/03/200731/08/2007DutchPDF
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 30/09/2025 · 2 active · 30 ended

Active mandates

CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 30 mars 2029 · 0458.779.811

Represented by ONCLIN JUSTIN

Active
CHÂTEAUX REAL ESTATE

Managing director · since 31 mars 2017 · until 30 mars 2029 · 0476.618.903

Represented by ONCLIN PHILIPPE

Active

Ended mandates

CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 31 mars 2023 · 0458.779.811

Represented by Philippe Onclin

Ended
CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 31 mars 2022 · 0458.779.811

Represented by ONCLIN JUSTIN

Ended
CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 31 mars 2023 · 0458.779.811

Represented by ONCLIN JUSTIN

Ended
CHATEAUX AND FINANCE CORPORATION

Managing director · since 31 mars 2017 · until 30 mars 2029 · 0458.779.811

Represented by ONCLIN JUSTIN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/07/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2016
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates18/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/01/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/10/2004
    MAATSCHAPPELIJKE ZETEL - 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. 2025
    Annual accounts 2025-87 k €
  2. 2024
    Annual accounts 2024-71,4 k €
  3. 2023
    Annual accounts 2023-38,9 k €
  4. 2022
    Annual accounts 2022-4,7 k €
  5. 2021
    Annual accounts 2021-156,7 k €
  6. 2018
    Annual accounts 2018-24,8 k €
  7. 2017
    Annual accounts 2017142,6 k €
  8. 2016
    Annual accounts 2016498,5 k €
  9. 2014
    Annual accounts 2014937,2 k €
  10. 2013
    Annual accounts 2013-41,4 k €
  11. 2012
    Annual accounts 2012-109,1 k €
  12. 2011
    Annual accounts 2011-12,3 k €
  13. 2010
    Annual accounts 2010-2,2 k €
  14. 2009
    Annual accounts 200913,2 k €
  15. 2008
    Annual accounts 20088,3 k €
  16. 20/04/2001
    IncorporationPublic limited company