ACTIVE

BELGIAN PARTICIPATION COMPANY

Financial year 2025 · Closed on 31/03/2025

Net result-10,8 k €-195,6 %over 1 year
Gross margin-8 k €-6 123,8 %over 1 year
Equity548,4 k €-1,9 %over 1 year

Identity

Source · BCE/KBO

BELGIAN PARTICIPATION COMPANY is a Private limited company incorporated in 2002. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.368.969
Incorporation
18/04/2002
Legal form
Private limited company
Registered office
Van Putlei 1
2018 Antwerpen · FlandreSee on map
Contributed capital
8 715 482,64 €
Latest accounts
31/03/2025
Joint committees (2)
  • 124
  • 218
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-8 k €132,9 €-65,2 k €4,7 k €14,5 k €
EBITDA-9,8 k €-2,7 k €-248,3 k €-6,3 k €3,5 k €
Operating result-10,6 k €-3,5 k €-248,4 k €-6,3 k €3,5 k €
Net result-10,8 k €-3,7 k €-244 k €-6,5 k €3,4 k €
Balance sheet
Equity548,4 k €559,2 k €562,9 k €806,9 k €813,4 k €
Total assets551,4 k €570,1 k €574 k €1,5 M €1,5 M €
Cash247,4 k €268,5 k €272 k €1,4 k €3,8 k €
Debts3 k €10,8 k €11,1 k €671,2 k €666,9 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 12 ended

Active mandates

Claire den Hartog

Director · since 18 septembre 2025

Active
Dara den Hartog

Director · since 18 septembre 2025

Active

Ended mandates

KAREL BORSTLAP

Manager · since 31 mars 2010

Ended
STICHTING KALI BEHEER

Director · since 25 février 2010 · until 31 mars 2010 · 0824.166.042

Represented by Karel BORSTLAP

Ended
Karel BORSTLAP

Managing director · since 18 septembre 2009 · until 31 mars 2010

Ended
KAREL BORSTLAP

Managing director · since 18 septembre 2009 · until 18 septembre 2015

Ended

Other companies at this address

Van Putlei 1 2018 Antwerpen
CompanyCBE no.
AB Advisors● Active
0539.889.924
AB TAXAND.EUR● Active
0665.849.075
ENGI HOLDING● Active
0536.967.650
FISCMAN● Active
0873.431.253
0828.889.051
INFISCAD● Active
0455.888.716

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/12/202525/11/202524/10/202303/10/202211/10/202121/10/2020
General meeting03/12/202517/11/202515/09/202330/09/202224/09/202125/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202503/12/202522/12/2025DutchPDF
Micro model31/03/202417/11/202525/11/2025DutchPDF
Micro model31/03/202315/09/202324/10/2023DutchPDF
Micro model31/03/202230/09/202203/10/2022DutchPDF
Micro model31/03/202124/09/202111/10/2021DutchPDF
Micro model31/03/202025/09/202021/10/2020DutchPDF
Micro model31/03/201927/09/201928/10/2019DutchPDF
Micro model31/03/201828/09/201818/10/2018DutchPDF
Micro model31/03/201729/09/201704/10/2017DutchPDF
Abridged model31/03/201630/09/201619/10/2016DutchPDF
Abridged model31/03/201525/09/201528/09/2015DutchPDF
Abridged model31/03/201426/09/201429/09/2014DutchPDF
Abridged model31/03/201327/09/201331/10/2013DutchPDF
Abridged model31/03/201228/09/201229/10/2012DutchPDF
Abridged model31/03/201130/09/201103/11/2011DutchPDF
Abridged model31/03/201017/09/201012/10/2010DutchPDF
Abridged model31/03/200918/09/200930/10/2009DutchPDF
Abridged model31/03/200819/09/200828/11/2008DutchPDF
Abridged model31/03/200721/09/200724/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 12 ended

Active mandates

Claire den Hartog

Director · since 18 septembre 2025

Active
Dara den Hartog

Director · since 18 septembre 2025

Active

Ended mandates

KAREL BORSTLAP

Manager · since 31 mars 2010

Ended
STICHTING KALI BEHEER

Director · since 25 février 2010 · until 31 mars 2010 · 0824.166.042

Represented by Karel BORSTLAP

Ended
Karel BORSTLAP

Managing director · since 18 septembre 2009 · until 31 mars 2010

Ended
KAREL BORSTLAP

Managing director · since 18 septembre 2009 · until 18 septembre 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/03/2012
    KAPITAAL - AANDELEN
    PDF
  • Other26/04/2010
    WIJZIGING RECHTSVORM
    PDF
  • Mandates01/04/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/12/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/04/2008
    MAATSCHAPPELIJKE ZETEL
    PDF

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 2025-10,8 k €↓
  2. 2024
    Annual accounts 2024-3,7 k €↑
  3. 2023
    Annual accounts 2023-244 k €↓
  4. 2022
    Annual accounts 2022-6,5 k €↓
  5. 2021
    Annual accounts 20213,4 k €↑
  6. 2020
    Annual accounts 2020-17,8 k €↓
  7. 2019
    Annual accounts 2019-13,1 k €↑
  8. 2018
    Annual accounts 2018-21,3 k €↑
  9. 2017
    Annual accounts 2017-27 k €↑
  10. 2016
    Annual accounts 2016-328,1 k €↓
  11. 2015
    Annual accounts 2015-323,8 k €↑
  12. 2014
    Annual accounts 2014-431,5 k €↑
  13. 2013
    Annual accounts 2013-724,9 k €↓
  14. 2012
    Annual accounts 2012-495,1 k €↑
  15. 2011
    Annual accounts 2011-763 k €↑
  16. 2010
    Annual accounts 2010-800,7 k €↑
  17. 2009
    Annual accounts 2009-1,2 M €↓
  18. 2008
    Annual accounts 2008-676 k €↓
  19. 2007
    Annual accounts 2007-644,9 k €
  20. 18/04/2002
    IncorporationPrivate limited company