ACTIVE

Betafence Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result-17,2 M €-248,0 %over 1 year
Revenue92,6 M €-12,9 %over 1 year
Equity-8,1 M €-188,7 %over 1 year
Workforce91,0 ETP-6,7 %over 1 year

Identity

Source · BCE/KBO

Betafence Belgium is a Public limited company incorporated in 2015. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Zwevegem. It employs on average 91,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0644.625.079
Incorporation
17/12/2015
Legal form
Public limited company
Registered office
Blokkestraat(Z) 34 box B
8550 Zwevegem · FlandreSee on map
Contributed capital
20 047 575,00 €
Latest accounts
31/12/2024
Average workforce
91,0 ETP
Joint committees (2)
  • 111
  • 209
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20242023202220212020
Income statement
Revenue92,6 M €106,3 M €122,3 M €143,9 M €119,3 M €
EBITDA-7,7 M €-6,3 M €-1,7 M €17,3 M €11,9 M €
Operating result-16 M €-3,8 M €3,6 M €3,7 M €5,4 M €
Net result-17,2 M €-5 M €2,1 M €1,5 M €4,2 M €
Balance sheet
Equity-8,1 M €9,1 M €14,1 M €12 M €10,5 M €
Total assets40,8 M €38,3 M €57,6 M €64,9 M €46,9 M €
Cash725,3 k €269,1 k €121,5 k €397,3 k €662,2 k €
Debts40,5 M €27 M €38,8 M €42,7 M €33,7 M €
Other
Workforce91,0 ETP97,5 ETP133,4 ETP159,4 ETP182,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 21 ended

Active mandates

Frankie Descamps

Director · since 30 avril 2025

Active
Paul Price

Director · since 18 septembre 2023 · until 17 mai 2024

Active
Kamleshkumar Mistry

Director · since 04 mai 2020 · until 17 avril 2025

Active
Timothy Messelis

Director · since 16 avril 2020

Active

Ended mandates

Paul Price

Director · since 18 septembre 2023

Ended
Robert O'Hagan

Director · since 28 juillet 2021 · until 30 avril 2023

Ended
Robert O'Hagan

Director · since 28 juillet 2021

Ended
Kamleshkumar Mistry

Director · since 04 mai 2020

Ended

Other companies at this address

Blokkestraat(Z) 34 8550 Zwevegem
CompanyCBE no.
Avelgem Real Estate 3● Active
1001.628.136
LAEBENS REAL ESTATE● Active
1004.291.082
L.H.Z.● Active
0767.403.127
Logistiek Centrum Zwevegem● Active
0771.410.316

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/11/202519/07/202412/07/202306/07/202230/06/202110/07/2020
General meeting21/08/202525/06/202427/06/202328/06/202229/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202421/08/202519/11/2025DutchPDF
Full model31/12/202325/06/202419/07/2024DutchPDF
Full model31/12/202227/06/202312/07/2023DutchPDF
Full model31/12/202128/06/202206/07/2022DutchPDF
Full model31/12/202029/06/202130/06/2021DutchPDF
Full model31/12/201930/06/202010/07/2020DutchPDF
Full model31/12/201825/06/201910/07/2019DutchPDF
Full model31/12/201729/06/201809/07/2018DutchPDF
Full model31/12/201627/06/201712/07/2017DutchPDF

Indicative valuation

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.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 21 ended

Active mandates

Frankie Descamps

Director · since 30 avril 2025

Active
Paul Price

Director · since 18 septembre 2023 · until 17 mai 2024

Active
Kamleshkumar Mistry

Director · since 04 mai 2020 · until 17 avril 2025

Active
Timothy Messelis

Director · since 16 avril 2020

Active

Ended mandates

Paul Price

Director · since 18 septembre 2023

Ended
Robert O'Hagan

Director · since 28 juillet 2021 · until 30 avril 2023

Ended
Robert O'Hagan

Director · since 28 juillet 2021

Ended
Kamleshkumar Mistry

Director · since 04 mai 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other26/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 30/04/2025
    nominationFrankie Descamps — bestuurder
  2. 2024
    Annual accounts 2024-17,2 M €↓
  3. 2023
    Annual accounts 2023-5 M €↓
  4. 2022
    Annual accounts 20222,1 M €↑
  5. 2021
    Annual accounts 20211,5 M €↓
  6. 2020
    Annual accounts 20204,2 M €↑
  7. 2019
    Annual accounts 2019-1,6 M €↑
  8. 2018
    Annual accounts 2018-9,2 M €↓
  9. 2017
    Annual accounts 2017-2,6 M €↓
  10. 2016
    Annual accounts 2016-311,7 k €
  11. 17/12/2015
    IncorporationPublic limited company