ACTIVE

Bel-Gem

Financial year 2025 · closed on 31/03/2025
Net result
18,1 k €
-38.2% YoY
Gross margin
168,5 k €
+52.9% YoY
Equity
347,3 k €
+5.5% YoY

What does Bel-Gem do?

Bel-Gem is a Private company with limited liability incorporated in 2014. Its registered office is in Dendermonde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0552.647.996
Incorporation
13/05/2014
Legal form
Private company with limited liability
Registered office
Fabriekstraat (BAA) 37
9200 Dendermonde · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Joint committees (1)
  • 121
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin168,5 k €110,3 k €208,8 k €161,5 k €141,1 k €97,3 k €43,9 k €137,2 k €48,3 k €31,4 k €
EBITDA49,7 k €32 k €101,1 k €96,2 k €86,7 k €63,7 k €34,7 k €134,8 k €46,7 k €30,9 k €
Operating result24,6 k €42,2 k €42,1 k €84,1 k €75,3 k €52,8 k €22,8 k €121,3 k €34,9 k €22,1 k €
Net result18,1 k €29,2 k €33,5 k €56 k €51,5 k €33,6 k €9,2 k €82,1 k €20,9 k €14,8 k €
Balance sheet
Equity347,3 k €329,3 k €300 k €266,6 k €210,6 k €159,1 k €125,6 k €116,4 k €34,3 k €33,4 k €
Total assets464,6 k €461,3 k €422,5 k €351,3 k €290,7 k €266,5 k €222,7 k €274,4 k €140,7 k €115,5 k €
Cash64,5 k €46,3 k €34,2 k €42,1 k €27,3 k €29,5 k €50,3 k €48,8 k €18,7 k €4,7 k €
Debts116,5 k €131,4 k €122 k €84,5 k €79,9 k €107,2 k €94,1 k €158 k €106,4 k €82,1 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 31/03/2025 · 2 active · 2 ended

Active mandates

Nane Nguele HUGUES

Director · since 01 juillet 2026

Active
Ronny BRACKX

Director · since 30 avril 2014 · until 01 juillet 2026

Active

Ended mandates

Brackx Ronny

Director · since 30 avril 2014

Ended
Brackx Ronny

Manager · since 30 avril 2014

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202631/12/202430/11/202327/12/202231/01/202231/12/2020
General meeting13/07/202630/09/202430/09/202330/09/202215/12/202120/12/2020
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
Micro model31/03/202513/07/202631/08/2026DutchPDF
Micro model31/03/202430/09/202431/12/2024DutchPDF
Micro model31/03/202330/09/202330/11/2023DutchPDF
Micro model31/03/202230/09/202227/12/2022DutchPDF
Micro model31/03/202115/12/202131/01/2022DutchPDF
Micro model31/03/202020/12/202031/12/2020DutchPDF
Micro model31/03/201910/09/201931/10/2019DutchPDF
Micro model31/03/201830/09/201831/10/2018DutchPDF
Micro model31/03/201712/09/201731/10/2017DutchPDF
Abridged model31/03/201613/09/201631/10/2016DutchPDF
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 31/03/2025 · 2 active · 2 ended

Active mandates

Nane Nguele HUGUES

Director · since 01 juillet 2026

Active
Ronny BRACKX

Director · since 30 avril 2014 · until 01 juillet 2026

Active

Ended mandates

Brackx Ronny

Director · since 30 avril 2014

Ended
Brackx Ronny

Manager · since 30 avril 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/09/2026
    ZETEL
    PDF
  • Mandates11/08/2026
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/04/2015
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/05/2014
    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 202518,1 k €
  2. 2024
    Annual accounts 202429,2 k €
  3. 2023
    Annual accounts 202333,5 k €
  4. 2022
    Annual accounts 202256 k €
  5. 2021
    Annual accounts 202151,5 k €
  6. 2020
    Annual accounts 202033,6 k €
  7. 2019
    Annual accounts 20199,2 k €
  8. 2018
    Annual accounts 201882,1 k €
  9. 2017
    Annual accounts 201720,9 k €
  10. 2016
    Annual accounts 201614,8 k €
  11. 13/05/2014
    IncorporationPrivate company with limited liability