ACTIVE

BeLightning

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Financial year 2025 · closed on 31/12/2025
Net result
-3,4 M €
-1101.1% YoY
Gross margin
-73,9 k €
+79.0% YoY
Equity
87,3 M €
-8.8% YoY

What does BeLightning do?

BeLightning is a Private limited company incorporated in 2021. Its main activity is: Manufacture of air and spacecraft and related machinery. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0762.602.716
Incorporation
28/01/2021
Legal form
Private limited company
Registered office
Avenue Arnaud Fraiteur 15 box 23
1050 Ixelles · BruxellesSee on map
Contributed capital
30 000 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
30300Manufacture of air and spacecraft and related machinery· main30310Manufacture of air and spacecraft and related machinery
Signals
Solid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-73,9 k €-352,4 k €-411,7 k €-147,8 k €-48,9 k €
EBITDA-117,6 k €-417 k €-423,9 k €-148,3 k €-50,1 k €
Operating result-10,7 M €-3,4 M €-424,3 k €-148,5 k €-50,1 k €
Net result-3,4 M €-281 k €406,3 k €153,8 k €-545,3 k €
Balance sheet
Equity87,3 M €95,8 M €97,5 M €88,5 M €85,8 M €
Total assets158,6 M €147,2 M €147,6 M €112,1 M €116,9 M €
Cash1,6 k €2,9 k €1,3 k €30,3 k €47,7 M €
Debts50,9 M €29,3 M €27,5 M €1,1 M €8,5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 14 ended

Active mandates

Linsey Dyas

Director · since 27 juin 2025 · until 15 juin 2026

Active
Jérôme Morhet

Director · since 16 septembre 2024 · until 15 juin 2026

Active
TAGES ADVICE

Director · since 29 février 2024 · until 15 juin 2026 · 0772.883.429

Represented by Samuel WEYNANTS

Active
Blue Ridge Consulting

Director · since 30 avril 2023 · until 15 juin 2026 · 0744.577.047

Represented by Stephan De Koninck

Active
Yves Delatte

Director · since 01 septembre 2021 · until 15 décembre 2026

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 09 avril 2021 · until 23 décembre 2026 · 0253.445.063

Represented by Denis Ronday

Active
Steven Lauwereys

Director · since 09 avril 2021 · until 23 décembre 2026

Active
Alec Detournay

Director · since 23 décembre 2020 · until 31 mai 2026

Active

Ended mandates

Olaf Lawrenz

Director · since 01 septembre 2022 · until 16 septembre 2024

Ended
Olaf Lawrenz

Director · since 01 septembre 2022 · until 15 juin 2026

Ended
Kai Arndt

Director · since 31 mars 2022 · until 01 septembre 2022

Ended
Kai Arndt

Director · since 31 mars 2022 · until 15 juin 2026

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202220/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date08/07/202608/07/202520/06/202414/07/202328/07/2022
General meeting15/06/202616/06/202517/06/202415/06/202330/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202608/07/2026FrenchPDF
Abridged model31/12/202515/06/202608/07/2026DutchPDF
Abridged model31/12/202416/06/202508/07/2025FrenchPDF
Abridged model31/12/202416/06/202508/07/2025DutchPDF
Abridged model31/12/202317/06/202420/06/2024FrenchPDF
Abridged model31/12/202317/06/202420/06/2024DutchPDF
Abridged model31/12/202215/06/202314/07/2023FrenchPDF
Abridged model31/12/202215/06/202314/07/2023DutchPDF
Abridged model31/12/202130/06/202228/07/2022DutchPDF
Abridged model31/12/202130/06/202228/07/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 8 active · 14 ended

Active mandates

Linsey Dyas

Director · since 27 juin 2025 · until 15 juin 2026

Active
Jérôme Morhet

Director · since 16 septembre 2024 · until 15 juin 2026

Active
TAGES ADVICE

Director · since 29 février 2024 · until 15 juin 2026 · 0772.883.429

Represented by Samuel WEYNANTS

Active
Blue Ridge Consulting

Director · since 30 avril 2023 · until 15 juin 2026 · 0744.577.047

Represented by Stephan De Koninck

Active
Yves Delatte

Director · since 01 septembre 2021 · until 15 décembre 2026

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 09 avril 2021 · until 23 décembre 2026 · 0253.445.063

Represented by Denis Ronday

Active
Steven Lauwereys

Director · since 09 avril 2021 · until 23 décembre 2026

Active
Alec Detournay

Director · since 23 décembre 2020 · until 31 mai 2026

Active

Ended mandates

Olaf Lawrenz

Director · since 01 septembre 2022 · until 16 septembre 2024

Ended
Olaf Lawrenz

Director · since 01 septembre 2022 · until 15 juin 2026

Ended
Kai Arndt

Director · since 31 mars 2022 · until 01 septembre 2022

Ended
Kai Arndt

Director · since 31 mars 2022 · until 15 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/09/2026
    Démission - Nomination administrateurs
    PDF
  • Mandates23/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/10/2024
    ONTSLAGEN - BENOEMINGEN
    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 2025-3,4 M €↓
  2. 27/06/2025
    nominationLinsey Dyas — administrateur
  3. 27/06/2025
    nominationLinsey Dyas — B-bestuurder
  4. 18/02/2025
    nominationMichaël Delbeke — commissaire
  5. 18/02/2025
    nominationBDO Bedrijfsrevisoren CVBA — commissaris
  6. 2024
    Annual accounts 2024-281 k €↓
  7. 18/09/2024
    nominationJérôme Morhet — administrateur
  8. 18/09/2024
    nominationJérôme Morhet — C-bestuurder
  9. 29/02/2024
    nominationTAGES ADVICE BV — administrateur-A
  10. 29/02/2024
    nominationTAGES ADVICE BV — A-bestuurder
  11. 2023
    Annual accounts 2023406,3 k €↑
  12. 28/04/2023
    nominationBlue Ridge Consulting — A-bestuurder
  13. 28/04/2023
    nominationBlue Ridge Consulting — administrateur-A
  14. 2022
    Annual accounts 2022153,8 k €↑
  15. 01/09/2022
    nominationOlaf Lawrenz — administrateur
  16. 07/04/2022
    nominationKai Arndt — C-bestuurder
  17. 07/04/2022
    nominationKai Arndt — administrateur
  18. 07/04/2022
    nominationAlec Detournay — administrateur
  19. 2021
    Annual accounts 2021-545,3 k €
  20. 15/10/2021
    nominationPeter REYNAERT — administrateur-A
  21. 15/10/2021
    nominationPeter REYNAERT — A-bestuurder
  22. 01/09/2021
    nominationYves DELATTE — administrateur-B
  23. 01/09/2021
    nominationYves DELATTE — B-bestuurder
  24. 28/01/2021
    IncorporationPrivate limited company