ACTIVE

BELVENT

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Financial year 2025 · closed on 31/12/2025
Net result
17,7 k €
+16403.5% YoY
Gross margin
1,2 M €
+4.7% YoY
Equity
445 k €
+4.1% YoY
Workforce
16,8 ETP
-4.5% YoY

What does BELVENT do?

BELVENT is a Private limited company incorporated in 2014. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Wevelgem. It employs on average 16,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0544.552.159
Incorporation
20/01/2014
Legal form
Private limited company
Registered office
Hugo Verriestlaan 24
8560 Wevelgem · FlandreSee on map
Contributed capital
281 000,00 €
Latest accounts
31/12/2025
Average workforce
16,8 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation
Joint committees (4)
  • 14901
  • 200
  • 20000
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin1,2 M €1,1 M €2,4 M €1,5 M €1,2 M €1,6 M €1,3 M €1 M €759 k €428,9 k €220,3 k €
EBITDA178,5 k €76,7 k €161,8 k €189,5 k €-233,6 k €286,4 k €189,3 k €126,2 k €163,8 k €121,3 k €104,5 k €
Operating result107,8 k €50,4 k €122,7 k €172,3 k €-247 k €252,1 k €140,2 k €68,6 k €115,6 k €59,6 k €79,1 k €
Net result17,7 k €107,2 €3,2 k €136,8 k €-313,6 k €106,4 k €93,9 k €27,8 k €37,2 k €13,6 k €41 k €
Balance sheet
Equity445 k €427,3 k €427,2 k €424 k €287,2 k €600,7 k €494,3 k €400,5 k €172,6 k €135,5 k €61 k €
Total assets1,8 M €2,1 M €2,3 M €2,1 M €2,3 M €2,6 M €2,1 M €2 M €1,5 M €998 k €443 k €
Cash203,1 k €207,2 k €169,9 k €160 k €227 k €403 k €166,7 k €275,1 k €48,4 k €93,3 k €50,2 k €
Debts1,3 M €1,7 M €1,8 M €1,7 M €2 M €1,9 M €1,6 M €1,6 M €1,3 M €860,4 k €379,9 k €
Other
Workforce16,8 ETP17,6 ETP25,7 ETP24,5 ETP26,4 ETP26,0 ETP23,1 ETP18,4 ETP12,3 ETP6,1 ETP3,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

ICC

Director · 0462.926.065

Represented by Bart VANDEGHINSTE

Active
VDS GROUP

Director · 0859.775.039

Represented by Michel VANDERSTRAETEN

Active

Ended mandates

ICC

Bestuurder · since 04 décembre 2020 · 0462.926.065

Represented by Bart Vanderghinste

Ended
VDS SERVICES

Bestuurder · since 04 décembre 2020 · 0745.858.041

Represented by Karel Luyckx

Ended
VDS SERVICES

Director · since 04 décembre 2020 · 0745.858.041

Represented by Karel LUYCKX

Ended
L.G.A. & C°

Manager · since 01 mars 2016 · until 25 avril 2016 · 0649.764.495

Represented by Lieselot KYNDS

Ended
At this address

Other companies at this address

CompanyCBE no.
BLUE HVAC SUPPLIES● Active
0666.562.620
VANDEGHINSTE HVAC● Active
1000.507.983
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months21 months12 months12 months12 months
Filing date23/07/202625/07/202526/08/202412/07/202218/10/202102/10/2020
General meeting30/06/202628/06/202529/06/202402/07/202224/09/202129/09/2020
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202623/07/2026DutchPDF
Abridged model31/12/202428/06/202525/07/2025DutchPDF
Abridged model31/12/202329/06/202426/08/2024DutchPDF
Abridged model31/03/202202/07/202212/07/2022DutchPDF
Abridged model31/03/202124/09/202118/10/2021DutchPDF
Abridged model31/03/202029/09/202002/10/2020DutchPDF
Abridged model31/03/201927/09/201909/10/2019DutchPDF
Abridged model31/03/201827/09/201827/09/2018DutchPDF
Abridged model31/03/201721/09/201721/09/2017DutchPDF
Abridged model31/03/201621/05/201601/06/2016DutchPDF
Abridged model31/03/201512/05/201519/05/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 9 ended

Active mandates

ICC

Director · 0462.926.065

Represented by Bart VANDEGHINSTE

Active
VDS GROUP

Director · 0859.775.039

Represented by Michel VANDERSTRAETEN

Active

Ended mandates

ICC

Bestuurder · since 04 décembre 2020 · 0462.926.065

Represented by Bart Vanderghinste

Ended
VDS SERVICES

Bestuurder · since 04 décembre 2020 · 0745.858.041

Represented by Karel Luyckx

Ended
VDS SERVICES

Director · since 04 décembre 2020 · 0745.858.041

Represented by Karel LUYCKX

Ended
L.G.A. & C°

Manager · since 01 mars 2016 · until 25 avril 2016 · 0649.764.495

Represented by Lieselot KYNDS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/05/2018
    KAPITAAL - AANDELEN
    PDF
  • Registered office26/05/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2015
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office03/06/2015
    MAATSCHAPPELIJKE ZETEL
    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 202517,7 k €↑
  2. 2024
    Annual accounts 2024107,2 €↓
  3. 2023
    Annual accounts 20233,2 k €↓
  4. 2022
    Annual accounts 2022136,8 k €↑
  5. 2021
    Annual accounts 2021-313,6 k €↓
  6. 2020
    Annual accounts 2020106,4 k €↑
  7. 2019
    Annual accounts 201993,9 k €↑
  8. 2018
    Annual accounts 201827,8 k €↓
  9. 2017
    Annual accounts 201737,2 k €↑
  10. 2016
    Annual accounts 201613,6 k €↓
  11. 2015
    Annual accounts 201541 k €
  12. 20/01/2014
    IncorporationPrivate limited company