ACTIVE

BELGRET

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Financial year 2025 · closed on 31/12/2025
Net result
100,4 k €
-8.8% YoY
Gross margin
267,2 k €
-5.6% YoY
Equity
209,8 k €
+91.7% YoY

What does BELGRET do?

BELGRET is a Public limited company incorporated in 2015. Its main activity is: Development of building projects. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0628.668.975
Incorporation
17/04/2015
Legal form
Public limited company
Registered office
Rue des Guillemins 139 box 9
4000 Liège · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin267,2 k €283 k €254,1 k €226,5 k €172,8 k €156 k €189,6 k €65,1 k €33,1 k €6,2 k €-367 €
EBITDA247,9 k €265,6 k €242,9 k €216,2 k €163,2 k €142,6 k €154,7 k €46,2 k €32,8 k €-658,5 €-715 €
Operating result171,9 k €188,2 k €165,6 k €139,2 k €86,2 k €65,9 k €79,6 k €18,8 k €-43,5 k €-658,5 €-2,6 k €
Net result100,4 k €110 k €90,9 k €73,4 k €25,7 k €1,7 k €19,3 k €14,4 k €-54,6 k €-741,6 €-2,7 k €
Balance sheet
Equity209,8 k €109,4 k €99,4 k €88,5 k €65,1 k €39,4 k €37,7 k €18,4 k €4 k €58,6 k €59,3 k €
Total assets1,7 M €1,8 M €1,9 M €2 M €2,1 M €2,3 M €2,4 M €2,4 M €1,1 M €62,9 k €59,5 k €
Cash15,2 k €24 k €87,5 k €118,7 k €120 k €127,8 k €177 k €68 k €19,5 k €49 k €59,5 k €
Debts1,5 M €1,7 M €1,8 M €1,9 M €2,1 M €2,2 M €2,4 M €2,4 M €1 M €4,3 k €156 €
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 · 23 ended

Active mandates

ARDENT INVEST

Managing director · since 01 mars 2026 · until 21 juin 2032 · 0700.472.731

Represented by Nicolas Léonard

Active
Emmanuel Mewissen

Managing director · since 01 mars 2026 · until 21 juin 2032

Active

Ended mandates

GESTBEL

Director · since 17 juin 2024 · until 17 juin 2030 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
GESTION LOISIRS

Managing director · since 17 juin 2024 · until 17 juin 2030 · 0430.309.618

Represented by Emmanuel Mewissen

Ended
IMMO RETAIL

Managing director · since 17 juin 2024 · until 17 juin 2030 · 0700.891.118

Represented by Nicolas Léonard

Ended
GESTBEL

Director · since 13 avril 2021 · until 14 avril 2027 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
At this address

Other companies at this address

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ACOSMO● Bankrupt
0747.904.147
AK TAXI● Active
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Akuma Collectors● Active
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A LA CLEF NEW● Active
0700.813.914
ALLL● Active
0669.880.416
AMAURY FRERICHS TOITURES● Active
1033.541.433
ARDENNES 151● Active
0783.962.116
ARDENT BUILD● Active
0732.927.743
ARDENT ENERGY● Active
1010.083.071
ARDENT HOME● Active
0700.800.947
ARDENT HOSPITALITY● Active
1030.582.141
ARDENT INVEST● Active
0700.472.731
ARDENT REAL ESTATE● Active
0715.934.234
ARDENT RETAIL● Active
0716.901.759
ARE HERSTAL FF● Active
0764.544.892
ARE-MSC● Active
0788.642.464
ARRI SCS● Active
0831.451.732
Association Royale des Médecins diplômés de l'Université de Liège● Active
0410.081.059
Atelier Xs● Bankrupt
0783.570.750
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date21/08/202612/12/202531/08/202431/07/202330/09/202230/07/2021
General meeting26/06/202630/06/202517/06/202419/06/202330/06/202230/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202621/08/2026FrenchPDF
Abridged model31/12/202430/06/202512/12/2025FrenchPDF
Abridged model31/12/202317/06/202431/08/2024FrenchPDF
Abridged model31/12/202219/06/202331/07/2023FrenchPDF
Abridged model31/12/202130/06/202230/09/2022FrenchPDF
Abridged model31/12/202030/06/202130/07/2021FrenchPDF
Abridged model31/12/201907/09/202031/10/2020FrenchPDF
Abridged model31/12/201812/06/201931/08/2019FrenchPDF
Abridged model31/12/201713/06/201831/08/2018FrenchPDF
Abridged model31/12/201621/06/201730/08/2017FrenchPDF
Abridged model31/12/201508/06/201631/08/2016FrenchPDF
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 · 23 ended

Active mandates

ARDENT INVEST

Managing director · since 01 mars 2026 · until 21 juin 2032 · 0700.472.731

Represented by Nicolas Léonard

Active
Emmanuel Mewissen

Managing director · since 01 mars 2026 · until 21 juin 2032

Active

Ended mandates

GESTBEL

Director · since 17 juin 2024 · until 17 juin 2030 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
GESTION LOISIRS

Managing director · since 17 juin 2024 · until 17 juin 2030 · 0430.309.618

Represented by Emmanuel Mewissen

Ended
IMMO RETAIL

Managing director · since 17 juin 2024 · until 17 juin 2030 · 0700.891.118

Represented by Nicolas Léonard

Ended
GESTBEL

Director · since 13 avril 2021 · until 14 avril 2027 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/11/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/09/2021
    DEMISSIONS, NOMINATIONS - SIEGE SOCIAL
    PDF
  • Registered office05/07/2019
    SIEGE SOCIAL
    PDF
  • Mandates04/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/04/2015
    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

Timeline

  1. 2025
    Annual accounts 2025100,4 k €↓
  2. 2024
    Annual accounts 2024110 k €↑
  3. 2023
    Annual accounts 202390,9 k €↑
  4. 2022
    Annual accounts 202273,4 k €↑
  5. 2021
    Annual accounts 202125,7 k €↑
  6. 2020
    Annual accounts 20201,7 k €↓
  7. 2019
    Annual accounts 201919,3 k €↑
  8. 2018
    Annual accounts 201814,4 k €↑
  9. 2017
    Annual accounts 2017-54,6 k €↓
  10. 2016
    Annual accounts 2016-741,6 €↑
  11. 2015
    Annual accounts 2015-2,7 k €
  12. 17/04/2015
    IncorporationPublic limited company