ACTIVE

BELVIR

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Financial year 2025 · Closed on 31/12/2025

Net result2,2 M €-87,5 %over 1 year

Equity30,4 M €-20,4 %over 1 year

Identity

Source · BCE/KBO

BELVIR is a Public limited company incorporated in 2003. Its registered office is in Uccle.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0479.701.622
Incorporation: 05/03/2003
Legal form: Public limited company
Registered office: Rue Vanderkindere 467
1180 Uccle · BruxellesSee on map
Contributed capital: 11 544 910,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	–		–		–		–		–
EBITDA	-23,6 k €	+11.5%	-26,7 k €	+29.6%	-37,9 k €	-244%	-11 k €	+91.9%	-135,5 k €
Operating result	-23,6 k €	+11.5%	-26,7 k €	+29.6%	-37,9 k €	-244%	-11 k €	+91.9%	-135,5 k €
Net result	2,2 M €	-87.5%	17,6 M €	+575%	2,6 M €	-14.8%	3,1 M €	+67.1%	1,8 M €
Balance sheet
Equity	30,4 M €	-20.4%	38,1 M €	+17.4%	32,5 M €	-9.4%	35,9 M €	+3.1%	34,8 M €
Total assets	95,5 M €	-10.8%	107,1 M €	+12.1%	95,5 M €	+2.3%	93,3 M €	-1.2%	94,5 M €
Cash	442,8 k €	-5.0%	466,1 k €	-7.0%	501,3 k €	-12.2%	570,9 k €	-19.8%	712,2 k €
Debts	65,1 M €	-5.5%	68,9 M €	+9.4%	63 M €	+9.7%	57,4 M €	-3.8%	59,7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Société Industrielle Vloeberghs-Maurage0401.211.893Represented by Rodolphe d'Oultremont	Directorsince 01/01/2022
Bertrand CATTEAU	Directorsince 30/04/2004

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ESAB HOLDING0474.511.924Represented by Rodolphe d'Oultremont	Director24/11/2014 → 2019 accounts

Other companies at this address

Rue Vanderkindere 467 1180 Uccle

Company	CBE no.
AHM● Bankrupt	0645.851.635
ALSEMBERG 595● Active	1021.918.952
ANGEL ALEX TRANSPORT● Active	1024.910.215
ANTIK IMMO● Active	0455.712.037
ARY● Active	0722.931.496
ASOKA IMMOBILIER● Active	0451.603.987
ATTALIA● Active	0546.753.564
BELGAPOL● Active	0452.799.661
BELIF● Active	0540.774.010
BENY INVEST● Active	0729.682.005
BOUH● Active	0771.885.319
BRICO CENTER UCCLE● Active	0541.692.342
Brussels Beauty Exchange● Active	1020.147.911
BURCIN TRANSPORT● Active	1019.661.129
CAMESO● Active	0799.403.130
CARTH & CO● Active	0892.485.716
CEBO TEAM● Active	0829.367.519
CERTIMORE● Active	0811.845.755
CREDIM BENELUX● Active	0454.716.994
Dehgour International business and trade● Active	0546.991.116

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	28/09/2026	28/08/2025	25/09/2024	31/08/2023	25/08/2022	31/08/2021
General meeting	28/09/2026	28/08/2025	28/08/2024	30/08/2023	10/08/2022	25/08/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/09/2026	28/09/2026	French	PDF
Full model	31/12/2024	28/08/2025	28/08/2025	French	PDF
Full model	31/12/2023	28/08/2024	25/09/2024	French	PDF
Full model	31/12/2022	30/08/2023	31/08/2023	French	PDF
Full model	31/12/2021	10/08/2022	25/08/2022	French	PDF
Full model	31/12/2020	25/08/2021	31/08/2021	French	PDF
Full model	31/12/2019	30/07/2020	03/12/2020	French	PDF
Full model	31/12/2018	28/08/2019	30/08/2019	French	PDF
Full model	31/12/2017	24/08/2018	30/08/2018	French	PDF
Full model	31/12/2016	28/08/2017	29/08/2017	French	PDF
Full model	31/12/2015	20/04/2016	19/08/2016	French	PDF
Full model	31/12/2014	15/05/2015	24/08/2015	French	PDF
Full model	31/12/2013	07/05/2014	29/08/2014	French	PDF
Full model	31/12/2012	17/04/2013	23/08/2013	French	PDF
Full model	31/12/2011	18/04/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	20/04/2011	25/08/2011	French	PDF
Abridged model	31/12/2009	21/04/2010	28/06/2010	French	PDF
Abridged model	31/12/2008	15/04/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	16/04/2008	02/09/2008	French	PDF
Abridged model	31/12/2006	18/04/2007	29/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Société Industrielle Vloeberghs-Maurage0401.211.893Represented by Rodolphe d'Oultremont	Directorsince 01/01/2022
Bertrand CATTEAU	Directorsince 30/04/2004

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ESAB HOLDING0474.511.924Represented by Rodolphe d'Oultremont	Director24/11/2014 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other08/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/03/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office22/12/2022
SIEGE SOCIAL
PDF
Mandates19/02/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates04/02/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office07/02/2013
SIEGE SOCIAL
PDF
Mandates08/10/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares08/02/2012
CAPITAL, ACTIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Société Industrielle Vloeberghs-Maurage

Bertrand CATTEAU

ESAB HOLDING

Rodolphe d'OULTREMONT

GESTI - CONSEILS

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BELVIR

Rue Vanderkindere 467, 1180 Uccle

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Vanderkindere 467, 1180 UccleCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00541729
Avenue Winston Churchill 149, 1180 Uccle	accounts 2021	Accounts 2021 · 2022-20340108

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BELVIRCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00541729

Events

2025
Annual accounts 20252,2 M €↓
2024
Annual accounts 202417,6 M €↑
2023
Annual accounts 20232,6 M €↓
2022
Annual accounts 20223,1 M €↑
01/01/2022
nominationSoclété Industrielle Vloeberghs Maurage SA (SIVM) · administrateur
2021
Annual accounts 20211,8 M €↓
2020
Annual accounts 202017 M €↑
2019
Annual accounts 2019-355,3 k €↓
2018
Annual accounts 2018-97 k €↓
2017
Annual accounts 20173 M €↓
2016
Annual accounts 201610,5 M €↑
2015
Annual accounts 20154,2 M €↓
2014
Annual accounts 20146 M €↑
2013
Annual accounts 20135,7 M €↓
2012
Annual accounts 20128,7 M €↓
2011
Annual accounts 20118,7 M €↑
2010
Annual accounts 2010-9,7 k €↓
2009
Annual accounts 20091,2 M €↑
2008
Annual accounts 2008-5,6 k €↑
2007
Annual accounts 2007-13,2 k €↓
2006
Annual accounts 200675,6 k €
05/03/2003
IncorporationPublic limited company

BELVIR

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events