ACTIVE

Breitling Belux

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Financial year 2026 · closed on 31/03/2026
Net result
203,4 k €
-14.3% YoY
Gross margin
2,7 M €
+14.9% YoY
Equity
1,5 M €
+15.4% YoY
Workforce
16,9 ETP
+7.0% YoY

What does Breitling Belux do?

Breitling Belux is a Private limited company incorporated in 2021. Its main activity is: Wholesale of watches and jewellery. It employs on average 16,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0765.419.476
Incorporation
19/03/2021
Legal form
Private limited company
Contributed capital
300 000,00 €
Latest accounts
31/03/2026
Average workforce
16,9 ETP
Activities (NACE)
46480Wholesale of watches and jewellery· main46480Wholesale of watches and jewellery32123Manufacture of jewellery and related articles32123Manufacture of jewellery and related articles32124Manufacture of jewellery and related articles32124Manufacture of jewellery and related articles
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20262025202420232022
Income statement
Gross margin2,7 M €2,3 M €1,8 M €1,7 M €1,3 M €
EBITDA804,8 k €659,8 k €624,9 k €553,1 k €409,4 k €
Operating result398,3 k €394,8 k €532,6 k €468,4 k €338,7 k €
Net result203,4 k €237,5 k €316,3 k €273,9 k €195 k €
Balance sheet
Equity1,5 M €1,3 M €1,1 M €768,9 k €495 k €
Total assets4,4 M €5,7 M €4,4 M €3,1 M €2 M €
Cash206,9 k €312,1 k €252,3 k €135,9 k €241,7 k €
Debts2,9 M €4,3 M €3,2 M €2,3 M €1,4 M €
Other
Workforce16,9 ETP15,8 ETP11,8 ETP12,0 ETP11,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active

Active mandates

Alexander Middelmann

Director · since 19 mars 2021

Active
Lars Marcus Bruno Kastle

Director · since 19 mars 2021

Active
Annual accounts

Full financial information

20262025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202219/03/2021
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/2022
Length of the financial year12 months12 months12 months12 months13 months
Filing date25/06/202601/07/202509/09/202405/10/202319/09/2022
General meeting23/06/202625/06/202523/08/202426/09/202316/09/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202623/06/202625/06/2026FrenchPDF
Abridged model31/03/202525/06/202501/07/2025FrenchPDF
Abridged model31/03/202423/08/202409/09/2024FrenchPDF
Abridged model31/03/202326/09/202305/10/2023FrenchPDF
Abridged model31/03/202216/09/202219/09/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/03/2026 · 2 active

Active mandates

Alexander Middelmann

Director · since 19 mars 2021

Active
Lars Marcus Bruno Kastle

Director · since 19 mars 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/09/2026
    —
    PDF
  • Mandates28/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/07/2026
    —
    PDF
  • Mandates02/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares10/05/2021
    CAPITAL, ACTIONS
    PDF
  • Other23/03/2021
    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. 2026
    Annual accounts 2026203,4 k €↓
  2. 2025
    Annual accounts 2025237,5 k €↓
  3. 2024
    Annual accounts 2024316,3 k €↑
  4. 2023
    Annual accounts 2023273,9 k €↑
  5. 2022
    Annual accounts 2022195 k €
  6. 19/03/2021
    IncorporationPrivate limited company