ACTIVE

BELUCE

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Financial year 2025 · closed on 30/06/2025
Net result
5,2 k €
-41.5% YoY
Gross margin
241 k €
+38.9% YoY
Equity
89,6 k €
+6.2% YoY
Workforce
0,0 ETP

What does BELUCE do?

BELUCE is a Private limited company incorporated in 2013. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0543.565.234
Incorporation
19/12/2013
Legal form
Private limited company
Registered office
Pannenstraat 119
8301 Knokke-Heist · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/06/2025
Average workforce
0,0 ETP
Activities (NACE)
46473Wholesale of furniture, carpets and lighting equipment· main46474Wholesale of furniture, carpets and lighting equipment
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202320222021202020192018201720162015
Income statement
Gross margin241 k €173,5 k €175,9 k €104 k €79,1 k €128,4 k €103,3 k €70,8 k €70,1 k €85,4 k €
EBITDA228,1 k €114,5 k €105 k €76,8 k €62,4 k €47,6 k €74,5 k €39,3 k €22,7 k €60,2 k €
Operating result37,7 k €29 k €31,9 k €33,5 k €21 k €17,1 k €44,7 k €13,3 k €12 k €43,8 k €
Net result5,2 k €8,9 k €11,3 k €9,2 k €8,1 k €1,7 k €16,2 k €-6,9 k €7,2 k €22,5 k €
Balance sheet
Equity89,6 k €84,4 k €75,5 k €64,2 k €55 k €46,9 k €45,2 k €29 k €35,9 k €28,7 k €
Total assets819,9 k €831,3 k €872,9 k €861,9 k €689 k €685,6 k €531,7 k €471,9 k €205,9 k €174,4 k €
Cash12 k €17,2 k €14,7 k €58,1 k €97,2 k €139,8 k €101,4 k €68,4 k €16,1 k €1,8 k €
Debts730,3 k €747 k €797,3 k €797,7 k €634 k €638,7 k €486,5 k €442,9 k €169,9 k €145,4 k €
Other
Workforce0,0 ETP–––0,3 ETP2,3 ETP––0,7 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

NANCY SIMAEY

Director · since 01 août 2014

Active
ELS VANDENBERGHE

Director · since 17 décembre 2013

Active

Ended mandates

ELS VANDENBERGHE

Director

Ended
ELS VANDENBERGHE

Manager

Ended
NANCY SIMAEY

Director

Ended
NANCY SIMAEY

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
VARAMAS● Active
1009.555.907
Annual accounts

Full financial information

202520232022202120202019
Type of accountAbridged modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/10/202301/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/06/202530/09/202330/09/202230/09/202130/09/202030/09/2019
Length of the financial year21 months12 months12 months12 months12 months12 months
Filing date30/01/202614/05/202427/04/202325/05/202224/03/202104/05/2020
General meeting28/01/202616/02/202431/03/202331/03/202219/02/202121/02/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202528/01/202630/01/2026DutchPDF
Micro model30/09/202316/02/202414/05/2024DutchPDF
Micro model30/09/202231/03/202327/04/2023DutchPDF
Micro model30/09/202131/03/202225/05/2022DutchPDF
Abridged model30/09/202019/02/202124/03/2021DutchPDF
Abridged model30/09/201921/02/202004/05/2020DutchPDF
Micro model30/09/201815/02/201930/04/2019DutchPDF
Micro model30/09/201716/02/201806/04/2018DutchPDF
Abridged model30/09/201617/02/201731/03/2017DutchPDF
Abridged model30/09/201519/02/201609/05/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 2 active · 4 ended

Active mandates

NANCY SIMAEY

Director · since 01 août 2014

Active
ELS VANDENBERGHE

Director · since 17 décembre 2013

Active

Ended mandates

ELS VANDENBERGHE

Director

Ended
ELS VANDENBERGHE

Manager

Ended
NANCY SIMAEY

Director

Ended
NANCY SIMAEY

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/10/2024
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates18/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/01/2014
    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 20255,2 k €↓
  2. 2023
    Annual accounts 20238,9 k €↓
  3. 2022
    Annual accounts 202211,3 k €↑
  4. 2021
    Annual accounts 20219,2 k €↑
  5. 2020
    Annual accounts 20208,1 k €↑
  6. 2019
    Annual accounts 20191,7 k €↓
  7. 2018
    Annual accounts 201816,2 k €↑
  8. 2017
    Annual accounts 2017-6,9 k €↓
  9. 2016
    Annual accounts 20167,2 k €↓
  10. 2015
    Annual accounts 201522,5 k €
  11. 19/12/2013
    IncorporationPrivate limited company