ACTIVE

BELSBERG

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Financial year 2025 · closed on 31/12/2025
Net result
13,7 k €
-74.0% YoY
Gross margin
658,2 k €
+13.9% YoY
Equity
223,9 k €
+6.5% YoY
Workforce
7,1 ETP
+42.0% YoY

What does BELSBERG do?

BELSBERG is a Private limited company incorporated in 2021. Its main activity is: Activities of employment placement agencies. Its registered office is in Antwerpen. It employs on average 7,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0774.324.769
Incorporation
20/09/2021
Legal form
Private limited company
Registered office
Desguinlei 100 box 34
2018 Antwerpen · FlandreSee on map
Contributed capital
4 500,00 €
Latest accounts
31/12/2025
Average workforce
7,1 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies70200Management consultancy activities70210Public relations and communication activities70220Business and other management consultancy activities73300Advertising and market research+2
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin658,2 k €577,7 k €675,9 k €265 k €
EBITDA73,4 k €101,7 k €91,6 k €136,2 k €
Operating result56,5 k €86,7 k €84,9 k €131,9 k €
Net result13,7 k €52,9 k €55,8 k €96,9 k €
Balance sheet
Equity223,9 k €210,1 k €157,3 k €101,4 k €
Total assets2,1 M €2,3 M €2 M €935 k €
Cash267,5 k €613,7 k €283,7 k €82,7 k €
Debts1,8 M €2 M €1,8 M €754,6 k €
Other
Workforce7,1 ETP5,0 ETP6,9 ETP2,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

TCL Management

Director · since 12 avril 2022 · 0784.746.826

Represented by Timothy Clauws

Active
VDW Management BV

Director · since 20 septembre 2021

Represented by Thomas VAN DER WAL

Active

Ended mandates

Zurenborg Management

Director · since 23 octobre 2023 · 1000.336.650

Represented by Thomas SASSI

Ended
Zurenborg Management

Director · since 23 octobre 2023 · 1000.336.650

Represented by Thomas SASSI

Ended
TCL Management

Director · since 12 avril 2022 · 0784.746.826

Represented by Timothy Clauws

Ended
VDW Management

Director · since 20 septembre 2021

Represented by Thomas VAN DER WAL

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202320/09/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months16 months
Filing date29/07/202624/07/202524/07/202431/08/2023
General meeting30/06/202625/06/202526/06/202428/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202629/07/2026DutchPDF
Abridged model31/12/202425/06/202524/07/2025DutchPDF
Abridged model31/12/202326/06/202424/07/2024DutchPDF
Abridged model31/12/202228/06/202331/08/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 7 ended

Active mandates

TCL Management

Director · since 12 avril 2022 · 0784.746.826

Represented by Timothy Clauws

Active
VDW Management BV

Director · since 20 septembre 2021

Represented by Thomas VAN DER WAL

Active

Ended mandates

Zurenborg Management

Director · since 23 octobre 2023 · 1000.336.650

Represented by Thomas SASSI

Ended
Zurenborg Management

Director · since 23 octobre 2023 · 1000.336.650

Represented by Thomas SASSI

Ended
TCL Management

Director · since 12 avril 2022 · 0784.746.826

Represented by Timothy Clauws

Ended
VDW Management

Director · since 20 septembre 2021

Represented by Thomas VAN DER WAL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/06/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/09/2021
    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

Timeline

  1. 2025
    Annual accounts 202513,7 k €↓
  2. 2024
    Annual accounts 202452,9 k €↓
  3. 2023
    Annual accounts 202355,8 k €↓
  4. 2022
    Annual accounts 202296,9 k €
  5. 20/09/2021
    IncorporationPrivate limited company