ACTIVE

BELTEK

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Financial year 2025 · closed on 31/12/2025
Net result
1 M €
+45.3% YoY
Gross margin
1,6 M €
+28.7% YoY
Equity
3,5 M €
+17.5% YoY
Workforce
3,1 ETP
+34.8% YoY

What does BELTEK do?

BELTEK is a Private limited company incorporated in 2013. Its main activity is: Development of building projects. Its registered office is in Londerzeel. It employs on average 3,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0502.552.842
Incorporation
17/01/2013
Legal form
Private limited company
Registered office
Malderendorp 1 box 3
1840 Londerzeel · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
3,1 ETP
Activities (NACE)
41101Development of building projects· main43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.68121Buying and selling of own real estate41001Construction of buildings41201Construction of residential and non-residential buildings
Joint committees (3)
  • 121
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620142013
Income statement
Gross margin1,6 M €1,3 M €698,3 k €263,7 k €1,3 M €1 M €1 M €1 M €382,1 k €214,4 k €11,8 k €58,1 k €
EBITDA1,5 M €1,1 M €549,6 k €119,4 k €1 M €968,4 k €1 M €981,3 k €377,3 k €186,6 k €9,7 k €57,8 k €
Operating result1,2 M €923,7 k €475,1 k €219,2 k €960,4 k €879,4 k €959 k €916 k €371,7 k €185,2 k €8,7 k €57,3 k €
Net result1 M €717,6 k €432,3 k €171,6 k €807,9 k €678 k €669,6 k €660,4 k €292,8 k €156,5 k €4,5 k €56,5 k €
Balance sheet
Equity3,5 M €3 M €2,4 M €2,4 M €2,3 M €1,9 M €1,4 M €712 k €237,6 k €74,9 k €13,2 k €8,7 k €
Total assets6,8 M €5,4 M €4,4 M €4,4 M €4,4 M €3,3 M €2,5 M €1,9 M €1 M €362,2 k €191,2 k €82,5 k €
Cash298,9 k €846,3 k €412,1 k €394,5 k €503,3 k €714,6 k €623,6 k €345,6 k €248 k €103,5 k €20,2 k €21,7 k €
Debts3,3 M €2,4 M €2 M €1,9 M €2,1 M €1,4 M €1,1 M €1,2 M €796,4 k €287,3 k €177,9 k €73,8 k €
Other
Workforce3,1 ETP2,3 ETP2,8 ETP1,9 ETP2,7 ETP1,5 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

OTRI

Director · since 03 avril 2025

Represented by JANSEN JEROEN

Active
CSS

Director · since 27 septembre 2022 · 0824.146.939

Represented by VAN HOYE XAVIER

Active
ARABELL

Director · until 03 avril 2025 · 0662.920.566

Represented by ARNAUD RUELLE

Active

Ended mandates

OTRI BV

Director · since 03 avril 2025

Represented by JANSEN JEROEN

Ended
ARABELL

Director · since 01 juin 2017 · 0662.920.566

Represented by Ruelle ARNAUD

Ended
ARABELL

Manager · since 01 juin 2017 · 0662.920.566

Represented by Arnaud Ruelle

Ended
ARABELL

Director · since 01 juin 2017 · until 03 avril 2025 · 0662.920.566

Represented by RUELLE ARNAUD

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months15 months12 months12 months
Filing date30/07/202618/07/202508/04/202428/07/202329/03/202218/03/2021
General meeting30/06/202623/06/202501/04/202426/06/202314/03/202208/03/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202423/06/202518/07/2025DutchPDF
Abridged model31/12/202301/04/202408/04/2024DutchPDF
Abridged model31/12/202226/06/202328/07/2023DutchPDF
Abridged model30/09/202114/03/202229/03/2022DutchPDF
Abridged model30/09/202008/03/202118/03/2021DutchPDF
Abridged model30/09/201909/03/202001/04/2020DutchPDF
Micro model30/09/201811/03/201915/03/2019DutchPDF
Micro model30/09/201719/02/201819/03/2018DutchPDF
Abridged model30/09/201613/03/201731/03/2017DutchPDF
Abridged model31/12/201430/06/201530/09/2015FrenchPDF
Abridged model31/12/201330/06/201418/07/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 3 active · 16 ended

Active mandates

OTRI

Director · since 03 avril 2025

Represented by JANSEN JEROEN

Active
CSS

Director · since 27 septembre 2022 · 0824.146.939

Represented by VAN HOYE XAVIER

Active
ARABELL

Director · until 03 avril 2025 · 0662.920.566

Represented by ARNAUD RUELLE

Active

Ended mandates

OTRI BV

Director · since 03 avril 2025

Represented by JANSEN JEROEN

Ended
ARABELL

Director · since 01 juin 2017 · 0662.920.566

Represented by Ruelle ARNAUD

Ended
ARABELL

Manager · since 01 juin 2017 · 0662.920.566

Represented by Arnaud Ruelle

Ended
ARABELL

Director · since 01 juin 2017 · until 03 avril 2025 · 0662.920.566

Represented by RUELLE ARNAUD

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office19/01/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/10/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/01/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office23/07/2015
    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

Timeline

  1. 2025
    Annual accounts 20251 M €↑
  2. 2024
    Annual accounts 2024717,6 k €↑
  3. 2023
    Annual accounts 2023432,3 k €↑
  4. 2022
    Annual accounts 2022171,6 k €↓
  5. 2021
    Annual accounts 2021807,9 k €↑
  6. 2020
    Annual accounts 2020678 k €↑
  7. 2019
    Annual accounts 2019669,6 k €↑
  8. 2018
    Annual accounts 2018660,4 k €↑
  9. 2017
    Annual accounts 2017292,8 k €↑
  10. 2016
    Annual accounts 2016156,5 k €↑
  11. 2014
    Annual accounts 20144,5 k €↓
  12. 2013
    Annual accounts 201356,5 k €
  13. 17/01/2013
    IncorporationPrivate limited company