ACTIVE

Belacasa

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Financial year 2025 · closed on 31/12/2025

Net result

89,9 k €

-21.7% YoY

Gross margin

305,7 k €

-2.1% YoY

Equity

621,2 k €

+15.6% YoY

Workforce

2,8 ETP

+86.7% YoY

What does Belacasa do?

Belacasa is a Private limited company incorporated in 2018. Its main activity is: Landscape service activities. Its registered office is in Zedelgem. It employs on average 2,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0689.956.149

Incorporation

09/02/2018

Legal form

Private limited company

Registered office

Koning Albertstraat 173 box .0102
8210 Zedelgem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

2,8 ETP

Activities (NACE)

81300Landscape service activities· main 81300Landscape service activities 47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores 47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores

Joint committees (2)

145
14504

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	305,7 k €	-2.1%	312,3 k €	+4.8%	298,2 k €	+40.3%	212,5 k €	+2.6%	207 k €	+39.0%	148,9 k €	-13.0%	171,1 k €	+43.0%	119,6 k €
EBITDA	159,3 k €	-30.0%	227,6 k €	+15.8%	196,7 k €	+25.9%	156,2 k €	+4.9%	149 k €	+38.2%	107,8 k €	+3.3%	104,3 k €	+44.8%	72 k €
Operating result	129,8 k €	-21.8%	165,9 k €	+7.4%	154,5 k €	+26.2%	122,4 k €	+2.2%	119,8 k €	+64.3%	72,9 k €	-4.5%	76,3 k €	+62.8%	46,9 k €
Net result	89,9 k €	-21.7%	114,8 k €	+5.1%	109,2 k €	+22.7%	89 k €	-10.2%	99,1 k €	+74.5%	56,8 k €	-3.4%	58,8 k €	+68.6%	34,9 k €
Balance sheet
Equity	621,2 k €	+15.6%	537,2 k €	+25.2%	428,9 k €	+31.7%	325,7 k €	+33.6%	243,7 k €	+60.8%	151,6 k €	+46.8%	103,3 k €	+93.1%	53,5 k €
Total assets	1 M €	+2.6%	987,4 k €	+17.9%	837,5 k €	+27.4%	657,4 k €	+5.5%	623 k €	+116%	288,3 k €	+25.0%	230,8 k €	+41.7%	162,8 k €
Cash	289,5 k €	+98.8%	145,6 k €	-3.5%	151 k €	+31.4%	114,9 k €	+430%	21,7 k €	-81.6%	117,9 k €	-1.5%	119,7 k €	+189%	41,4 k €
Debts	374 k €	-10.4%	417,4 k €	+12.0%	372,7 k €	+23.6%	301,5 k €	-12.9%	346,2 k €	+222%	107,6 k €	+8.0%	99,7 k €	+15.3%	86,4 k €
Other
Workforce	2,8 ETP	+86.7%	1,5 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Nicolas Devolder

Director

Active

Ended mandates

Nicolas Devolder

Director · since 09 février 2018

Ended

Nicolas Devolder

Manager · since 09 février 2018

Ended

At this address

Other companies at this address

Company	CBE no.
Arkelo● Active	1028.812.187
AWtechnics● Active	0795.266.970
Casarit● Active	0760.547.997
Devolder Landscaping● Active	1040.243.737
PARTYCUBES● Active	1004.595.841
STRAALSTUDIO DEFERME● Active	0724.802.707
Vereniging Van Mede-Eigenaars Bedrijvenpark Veldegem Statie Zedelgem (Veldegem) Koning Albertstraat 173● Active	0726.626.307
VERHANNEMAN● Active	0683.518.121

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2026	30/09/2025	27/08/2024	30/08/2023	29/08/2022	30/08/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	30/08/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	27/08/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	25/08/2019	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 1 active · 2 ended

Active mandates

Nicolas Devolder

Director

Active

Ended mandates

Nicolas Devolder

Director · since 09 février 2018

Ended

Nicolas Devolder

Manager · since 09 février 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/09/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office08/01/2020
MAATSCHAPPELIJKE ZETEL
PDF
Other13/02/2018
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

2025
Annual accounts 202589,9 k €↓
2024
Annual accounts 2024114,8 k €↑
2023
Annual accounts 2023109,2 k €↑
2023
Name changeBelacasa
2022
Annual accounts 202289 k €↓
2021
Annual accounts 202199,1 k €↑
2021
Name changeTUINEN BELACASA
2020
Annual accounts 202056,8 k €↓
2019
Annual accounts 201958,8 k €↑
2018
Annual accounts 201834,9 k €
09/02/2018
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Belacasa

Overview

What does Belacasa do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline