ACTIVE

Bellus Development

Financial year 2025 · closed on 31/12/2025
Net result
-4,3 k €
+45.6% YoY
Gross margin
-2,8 k €
+50.9% YoY
Equity
-9,3 k €
-87.2% YoY

What does Bellus Development do?

Bellus Development is a Private limited company incorporated in 2023. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0798.216.859
Incorporation
08/02/2023
Legal form
Private limited company
Registered office
Luitenant Lippenslaan 60
2140 Antwerpen · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Signals
Good liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin-2,8 k €-5,7 k €
EBITDA-4,2 k €-7,9 k €
Operating result-4,2 k €-7,9 k €
Net result-4,3 k €-8 k €
Balance sheet
Equity-9,3 k €-5 k €
Total assets1,6 M €764,1 k €
Cash15,4 k €25,1 k €
Debts1,6 M €769,1 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 1 ended

Active mandates

Frank Reekmans

Managing director · since 07 février 2023 · 0825.543.343

Represented by Frank REEKMANS

Active
Jan Verbrugge

Director · since 07 février 2023

Active
Vital Business Solutions

Managing director · since 07 février 2023 · 0793.635.390

Represented by Mike Stevens

Active

Ended mandates

Vital Business Solutions

Managing director · since 07 février 2023 · 0793.635.390

Represented by Mike STEVENS

Ended
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Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202508/02/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months23 months
Filing date30/07/202631/07/2025
General meeting30/06/202630/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202630/07/2026DutchPDF
Micro model31/12/202430/06/202531/07/2025DutchPDF
Estimate

Indicative valuation

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 · 3 active · 1 ended

Active mandates

Frank Reekmans

Managing director · since 07 février 2023 · 0825.543.343

Represented by Frank REEKMANS

Active
Jan Verbrugge

Director · since 07 février 2023

Active
Vital Business Solutions

Managing director · since 07 février 2023 · 0793.635.390

Represented by Mike Stevens

Active

Ended mandates

Vital Business Solutions

Managing director · since 07 février 2023 · 0793.635.390

Represented by Mike STEVENS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other10/02/2023
    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 2025-4,3 k €
  2. 2024
    Annual accounts 2024-8 k €
  3. 08/02/2023
    IncorporationPrivate limited company