ACTIVE

BELCORTEX

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Financial year 2024 · closed on 31/12/2024

Net result

427,2 k €

-13.8% YoY

Gross margin

570,6 k €

-3.3% YoY

Equity

520,9 k €

+455.9% YoY

What does BELCORTEX do?

BELCORTEX is a Private limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Mont-Saint-Guibert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0536.895.691

Incorporation

24/07/2013

Legal form

Private limited company

Registered office

Rue de l'Eglise 1
1435 Mont-Saint-Guibert · WallonieSee on map

Contributed capital

33 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

ProfitablePositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	570,6 k €	-3.3%	589,9 k €	+0.0%	589,6 k €	-31.2%	857,6 k €	+35.6%	632,5 k €	+20.3%	525,9 k €	+68.2%	312,8 k €	+138%	131,2 k €	+70.5%	76,9 k €	+94.8%	39,5 k €	+1289%	-3,3 k €
EBITDA	569,5 k €	-3.2%	588,5 k €	-0.0%	588,8 k €	-31.3%	856,7 k €	+35.6%	631,6 k €	+20.4%	524,5 k €	+74.1%	301,3 k €	+137%	127 k €	+74.5%	72,7 k €	+87.9%	38,7 k €	+1265%	-3,3 k €
Operating result	525 k €	-3.7%	545,1 k €	-6.8%	585,2 k €	-31.4%	852,5 k €	+35.6%	628,5 k €	+20.2%	522,9 k €	+73.5%	301,3 k €	+254%	85,1 k €	+68.3%	50,6 k €	+169%	-73,2 k €	-2105%	-3,3 k €
Net result	427,2 k €	-13.8%	495,7 k €	-16.6%	594,2 k €	-21.0%	752,5 k €	+62.4%	463,3 k €	-43.7%	823,4 k €	+138%	346 k €	+1237%	25,9 k €	+185%	9,1 k €	+106%	-140,4 k €	-442%	-25,9 k €
Balance sheet
Equity	520,9 k €	+456%	93,7 k €	-96.7%	2,9 M €	+26.0%	2,3 M €	+49.1%	1,5 M €	+43.4%	1,1 M €	+337%	244,6 k €	+341%	-101,4 k €	+20.3%	-127,3 k €	+6.7%	-136,4 k €	-908%	-13,5 k €
Total assets	5,6 M €	-5.4%	5,9 M €	+0.6%	5,9 M €	+6.6%	5,5 M €	+7.2%	5,1 M €	+9.0%	4,7 M €	+12.2%	4,2 M €	-6.6%	4,5 M €	-0.1%	4,5 M €	+31.4%	3,4 M €	+31.8%	2,6 M €
Cash	214,5 k €	+188%	74,5 k €	-87.3%	586,7 k €	-0.0%	586,7 k €	+81.0%	324,1 k €	+206%	106,1 k €	+104%	52 k €	-61.6%	135,5 k €	-81.0%	712,9 k €	+571%	106,3 k €	+99.3%	53,4 k €
Debts	5 M €	-12.8%	5,8 M €	+94.6%	3 M €	-6.3%	3,2 M €	-11.5%	3,6 M €	-0.3%	3,6 M €	-8.9%	3,9 M €	-13.9%	4,6 M €	-0.8%	4,6 M €	+30.2%	3,5 M €	+36.1%	2,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

BIRDNEST

Director · 0567.762.576

Represented by Olivier Burniaux

Active

Ended mandates

BIRDNEST

Manager · since 28 mai 2015 · 0567.762.576

Represented by OLIVIER BURNIAUX

Ended

BIRDNEST

Manager · since 28 mai 2015 · 0567.762.576

Represented by OLIVIER BURNIAUX

Ended

OLIVIER BURNIAUX

Manager · since 05 juillet 2013 · until 28 mai 2015

Ended

BIRDNEST

Manager · 0567.762.576

Represented by Olivier Burniaux

Ended

At this address

Other companies at this address

Company	CBE no.
BIRDNEST● Active	0567.762.576

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	18 months	12 months	12 months
Filing date	10/10/2025	30/09/2024	06/10/2023	30/06/2022	29/01/2021	24/01/2020
General meeting	30/06/2025	28/06/2024	30/06/2023	17/06/2022	30/12/2020	16/12/2019
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

Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	10/10/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	30/09/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	06/10/2023	French	PDF
Abridged model	31/12/2021	17/06/2022	30/06/2022	French	PDF
Abridged model	30/06/2020	30/12/2020	29/01/2021	French	PDF
Abridged model	30/06/2019	16/12/2019	24/01/2020	French	PDF
Abridged model	30/06/2018	17/12/2018	15/01/2019	French	PDF
Abridged model	30/06/2017	30/12/2017	26/01/2018	French	PDF
Abridged model	30/06/2016	30/12/2016	01/02/2017	French	PDF
Abridged model	30/06/2015	15/12/2015	15/01/2016	French	PDF
Abridged model	30/06/2014	31/12/2014	29/01/2015	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 1 active · 5 ended

Active mandates

BIRDNEST

Director · 0567.762.576

Represented by Olivier Burniaux

Active

Ended mandates

BIRDNEST

Manager · since 28 mai 2015 · 0567.762.576

Represented by OLIVIER BURNIAUX

Ended

BIRDNEST

Manager · since 28 mai 2015 · 0567.762.576

Represented by OLIVIER BURNIAUX

Ended

OLIVIER BURNIAUX

Manager · since 05 juillet 2013 · until 28 mai 2015

Ended

BIRDNEST

Manager · 0567.762.576

Represented by Olivier Burniaux

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/03/2021
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other29/06/2015
OBJET
PDF
Mandates15/06/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office16/07/2014
SIEGE SOCIAL
PDF
Other02/08/2013
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 2024427,2 k €↓
2023
Annual accounts 2023495,7 k €↓
2022
Annual accounts 2022594,2 k €↓
2021
Annual accounts 2021752,5 k €↑
2020
Annual accounts 2020463,3 k €↓
2019
Annual accounts 2019823,4 k €↑
2018
Annual accounts 2018346 k €↑
2017
Annual accounts 201725,9 k €↑
2016
Annual accounts 20169,1 k €↑
2015
Annual accounts 2015-140,4 k €↓
2014
Annual accounts 2014-25,9 k €
24/07/2013
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BELCORTEX

Overview

What does BELCORTEX do?

Trend over 11 financial years

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