ACTIVE

BELGIAN LAND

Financial year 2025 · Closed on 31/12/2025

Net result-2,7 M €-567,9 %over 1 year
Revenue262,5 k €0,0 %over 1 year
Equity26,7 M €-9,2 %over 1 year

Identity

Source · BCE/KBO

BELGIAN LAND is a Public limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0525.728.320
Incorporation
04/04/2013
Legal form
Public limited company
Registered office
Rue Guimard 18
1040 Bruxelles · BruxellesSee on map
Contributed capital
22 457 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue262,5 k €262,5 k €298 k €272,5 k €230 k €
EBITDA-433,6 k €-97,8 k €-149,9 k €-145,6 k €-568 k €
Operating result-433,6 k €-97,8 k €-150,4 k €-147,4 k €-571,2 k €
Net result-2,7 M €576,1 k €3,4 M €1,8 M €936,6 k €
Balance sheet
Equity26,7 M €29,4 M €28,8 M €25,4 M €23,6 M €
Total assets27,4 M €29,6 M €28,9 M €25,8 M €33,6 M €
Cash8,3 k €1,6 M €3,9 M €4,1 M €5,5 M €
Debts701,1 k €235,5 k €78,5 k €355,6 k €10 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

4 active · 17 ended

Active mandates

Adeline SIMONT

Membre du Conseil de Surveillance · since 03 juin 2025 · until 05 juin 2028

Active
Dominique LABAY

Membre du Conseil de Surveillance · since 03 juin 2025 · until 05 juin 2028

Active
Erol KANDIYOTI

Membre du Conseil de Surveillance · since 03 juin 2025 · until 05 juin 2028

Active
FINANCE SOLUTIONS

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 02 juin 2026 · 0808.246.857

Represented by Laurent LIEMANCE

Active

Ended mandates

Adeline SIMONT

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 03 juin 2025

Ended
Dominique LABAY

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 03 juin 2025

Ended
Dominique LABAY

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 30 juin 2025

Ended
Erol KANDIYOTI

Mandate · since 28 octobre 2020 · until 03 juin 2025

Ended

Other companies at this address

Rue Guimard 18 1040 Bruxelles
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DPAM B● Liquidation
0444.265.542
DPAM DBI-RDT B● Active
0460.299.444
0722.587.840
FEDERALE INVEST● Active
0832.372.143
1033.544.403
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0820.953.956
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0820.593.967
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Orban Finance● Active
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PICARDIE INVEST● Active
0459.628.560

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202620/08/202524/07/202427/07/202330/06/202204/08/2021
General meeting23/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202629/07/2026FrenchPDF
Full model31/12/202403/06/202520/08/2025FrenchPDF
Full model31/12/202304/06/202424/07/2024FrenchPDF
Full model31/12/202206/06/202327/07/2023FrenchPDF
Full model31/12/202107/06/202230/06/2022FrenchPDF
Full model31/12/202001/06/202104/08/2021FrenchPDF
Full model31/12/201902/06/202007/07/2020FrenchPDF
Full model31/12/201804/06/201930/08/2019FrenchPDF
Full model31/12/201705/06/201813/06/2018FrenchPDF
Full model31/12/201606/06/201730/06/2017FrenchPDF
Full model31/12/201507/06/201628/06/2016FrenchPDF
Full model31/12/201402/06/201507/07/2015FrenchPDF
Full model31/12/201303/06/201424/06/2014FrenchPDF

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

4 active · 17 ended

Active mandates

Adeline SIMONT

Membre du Conseil de Surveillance · since 03 juin 2025 · until 05 juin 2028

Active
Dominique LABAY

Membre du Conseil de Surveillance · since 03 juin 2025 · until 05 juin 2028

Active
Erol KANDIYOTI

Membre du Conseil de Surveillance · since 03 juin 2025 · until 05 juin 2028

Active
FINANCE SOLUTIONS

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 02 juin 2026 · 0808.246.857

Represented by Laurent LIEMANCE

Active

Ended mandates

Adeline SIMONT

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 03 juin 2025

Ended
Dominique LABAY

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 03 juin 2025

Ended
Dominique LABAY

Membre du Conseil de Surveillance · since 28 octobre 2020 · until 30 juin 2025

Ended
Erol KANDIYOTI

Mandate · since 28 octobre 2020 · until 03 juin 2025

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares10/08/2026
    CAPITAL, ACTIONS
    PDF
  • Mandates14/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/02/2022
    CAPITAL, ACTIONS
    PDF
  • Registered office10/03/2021
    ADRESSE AUTRE QUE SIEGE SOCIAL
    PDF
  • Mandates20/11/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-2,7 M €↓
  2. 2024
    Annual accounts 2024576,1 k €↓
  3. 2023
    Annual accounts 20233,4 M €↑
  4. 2022
    Annual accounts 20221,8 M €↑
  5. 2021
    Annual accounts 2021936,6 k €↑
  6. 2020
    Annual accounts 2020796 k €↑
  7. 2019
    Annual accounts 2019363,6 k €↑
  8. 2018
    Annual accounts 2018123,9 k €↑
  9. 2017
    Annual accounts 2017116,7 k €↓
  10. 2016
    Annual accounts 2016528,8 k €↑
  11. 2015
    Annual accounts 2015-528 k €↑
  12. 2014
    Annual accounts 2014-669,3 k €↓
  13. 2013
    Annual accounts 2013-433,9 k €
  14. 04/04/2013
    IncorporationPublic limited company