ACTIVE

Belglas

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Financial year 2025 · closed on 31/12/2025
Net result
29,4 k €
+106.7% YoY
Gross margin
46,6 k €
+74.9% YoY
Equity
102,7 k €
+40.2% YoY

What does Belglas do?

Belglas is a Private limited company incorporated in 2013. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0533.973.716
Incorporation
08/05/2013
Legal form
Private limited company
Registered office
Rue du Congrès 35
1000 Bruxelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
74909Other professional, scientific and technical activities n.e.c.· main74999Other professional, scientific and technical activities n.e.c.62020Computer consultancy activities62200Computer programming, consultancy and related activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin46,6 k €26,7 k €21 k €35,7 k €11,7 k €5,1 k €8,4 k €6,9 k €18,1 k €-12,6 k €14,5 k €17,9 k €
EBITDA45,6 k €24,9 k €19,1 k €34,6 k €11,1 k €4,7 k €7,7 k €4,6 k €8,5 k €1,5 k €13,7 k €1,3 k €
Operating result44,7 k €24,3 k €18,5 k €34,2 k €11,1 k €4,7 k €7,7 k €3,2 k €4,4 k €-2,7 k €9,5 k €-5,8 k €
Net result29,4 k €14,2 k €12,6 k €22,8 k €7,7 k €3,2 k €4,1 k €1,1 k €893,6 €-3,9 k €4,5 k €-6,4 k €
Balance sheet
Equity102,7 k €73,2 k €59 k €46,4 k €23,5 k €15,8 k €12,6 k €8,6 k €7,5 k €6,6 k €10,5 k €-158,6 €
Total assets128,1 k €85,2 k €65,8 k €63,8 k €31 k €29,4 k €28,6 k €40,5 k €26,4 k €19,7 k €77,7 k €43,2 k €
Cash47,2 k €38,5 k €46,6 k €42 k €7,8 k €3,9 k €2,4 k €9,5 k €607,1 €5,5 k €26,5 k €28,3 k €
Debts25,4 k €11,4 k €6,8 k €17,4 k €7,5 k €13,6 k €6 k €21,9 k €10,4 k €13,1 k €52,2 k €28,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Hans Strauven

Director · since 15 décembre 2015

Active

Ended mandates

Hans Strauven

Manager · since 15 décembre 2015

Ended
Hans Strauven

Associate · since 22 février 2013

Ended
Rudi De Winter

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date21/07/202617/07/202528/06/202423/06/202322/08/202230/08/2021
General meeting22/06/202620/06/202501/06/202401/06/202301/06/202201/06/2021
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
Micro model31/12/202522/06/202621/07/2026DutchPDF
Micro model31/12/202420/06/202517/07/2025DutchPDF
Micro model31/12/202301/06/202428/06/2024DutchPDF
Micro model31/12/202201/06/202323/06/2023DutchPDF
Micro model31/12/202101/06/202222/08/2022DutchPDF
Micro model31/12/202001/06/202130/08/2021DutchPDF
Micro model31/12/201901/06/202021/10/2020DutchPDF
Micro model31/12/201801/06/201930/07/2019DutchPDF
Micro model31/12/201701/06/201829/08/2018DutchPDF
Micro model31/12/201601/06/201710/08/2017DutchPDF
Abridged model31/12/201501/06/201626/08/2016DutchPDF
Abridged model31/12/201401/06/201531/08/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 3 ended

Active mandates

Hans Strauven

Director · since 15 décembre 2015

Active

Ended mandates

Hans Strauven

Manager · since 15 décembre 2015

Ended
Hans Strauven

Associate · since 22 février 2013

Ended
Rudi De Winter

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/08/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/01/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/05/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202529,4 k €↑
  2. 2024
    Annual accounts 202414,2 k €↑
  3. 2023
    Annual accounts 202312,6 k €↓
  4. 2022
    Annual accounts 202222,8 k €↑
  5. 2021
    Annual accounts 20217,7 k €↑
  6. 2020
    Annual accounts 20203,2 k €↓
  7. 2019
    Annual accounts 20194,1 k €↑
  8. 2018
    Annual accounts 20181,1 k €↑
  9. 2017
    Annual accounts 2017893,6 €↑
  10. 2016
    Annual accounts 2016-3,9 k €↓
  11. 2015
    Annual accounts 20154,5 k €↑
  12. 2014
    Annual accounts 2014-6,4 k €
  13. 08/05/2013
    IncorporationPrivate limited company