BEL ARTS FUND
0789.771.327 · rovalta.com · 25/09/2026
BEL ARTS FUND
Financial year 2025 · Closed on 31/12/2025
Overview
Identity
Source · BCE/KBOBEL ARTS FUND is a Public limited company incorporated in 2022. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0789.771.327
- Incorporation
- 18/08/2022
- Legal form
- Public limited company
- Registered office
- Avenue Louise 367
1050 Bruxelles · BruxellesSee on map - Contributed capital
- 65 000,00 €
- Latest accounts
- 31/12/2025
Financials
Source · NBB, 3 filingsTrend over 3 financial years
| 2025 | 2024 | 2023 | |||
|---|---|---|---|---|---|
| Income statement | |||||
| Gross margin | 138 k € | +16.8% | 118,2 k € | -21.7% | 151 k € |
| EBITDA | 35,9 k € | -31.7% | 52,6 k € | -6.6% | 56,3 k € |
| Operating result | 6,4 k € | -80.9% | 33,6 k € | -32.6% | 49,9 k € |
| Net result | 4,1 k € | -77.7% | 18,5 k € | -47.4% | 35,1 k € |
| Balance sheet | |||||
| Equity | 122,7 k € | +3.5% | 118,6 k € | +18.5% | 100,1 k € |
| Total assets | 1,5 M € | -25.7% | 2,1 M € | +162% | 787,2 k € |
| Cash | 897,4 k € | -50.0% | 1,8 M € | +441% | 331,5 k € |
| Debts | 1,4 M € | -27.5% | 1,9 M € | +183% | 687,2 k € |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20251 active
Active mandates
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Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/08/2022 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 |
| Length of the financial year | 12 months | 12 months | 17 months |
| Filing date | 27/08/2026 | 30/08/2025 | 29/07/2024 |
| General meeting | 05/06/2026 | 06/06/2025 | 07/06/2024 |
| Currency of the financial year | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 3 filingsValuation
Indicative valuation
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active
Active mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
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A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20254,1 k €↓
- 2024Annual accounts 202418,5 k €↓
- 2023Annual accounts 202335,1 k €
- 18/08/2022IncorporationPublic limited company