ACTIVE

BELGAGEL

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Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €+2,1 %over 1 year
Revenue15,7 M €+4,4 %over 1 year
Equity1,9 M €-33,2 %over 1 year
Workforce11,2 ETP+15,5 %over 1 year

Identity

Source · BCE/KBO

BELGAGEL is a Public limited company incorporated in 2010. Its main activity is: Agents involved in the sale of food, beverages and tobacco. Its registered office is in Etterbeek. It employs on average 11,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0825.103.972
Incorporation
19/04/2010
Legal form
Public limited company
Registered office
Boulevard Saint-Michel 47
1040 Etterbeek · BruxellesSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
11,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20252024202320232022
Income statement
Revenue15,7 M €15 M €6,3 M €13,3 M €10 M €
EBITDA2,7 M €2,5 M €1,1 M €2,5 M €1,5 M €
Operating result2,7 M €2,5 M €1,2 M €2,5 M €1,5 M €
Net result2,1 M €2 M €957,9 k €1,9 M €1,1 M €
Balance sheet
Equity1,9 M €2,8 M €5,8 M €4,9 M €6 M €
Total assets7,2 M €10,3 M €7,9 M €9,7 M €8,1 M €
Cash7,7 k €583,4 €72 k €50 k €50,6 k €
Debts5,4 M €7,5 M €2,1 M €4,9 M €2,1 M €
Other
Workforce11,2 ETP9,7 ETP9,0 ETP9,1 ETP9,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 22 ended

Active mandates

Aryzta France S.A.S.

Director · since 14 décembre 2023 · until 14 juin 2029

Represented by Rhona O'Brien

Active
Nicolas Vanneste

Director · since 02 novembre 2022 · until 08 décembre 2027

Active
Julien Gromb

Director · since 03 juin 2022 · until 08 décembre 2027

Active

Ended mandates

Frédéric Giraud

Managing director · since 30 novembre 2021 · until 09 février 2022

Ended
Arnaud Lefebvre

Director · since 10 octobre 2019 · until 03 juin 2022

Ended
Arnaud Lefebvre

Director · since 10 octobre 2019 · until 09 octobre 2025

Ended
Aryzta France S.A.S.

Director · since 05 avril 2018 · until 13 décembre 2023

Represented by Frédéric Giraud

Ended

Other companies at this address

Boulevard Saint-Michel 47 1040 Etterbeek
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American Chamber of Commerce in Belgium● Active
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A.N.F.R.A. SERVICES● Active
0454.682.550
AUTONETWORK DEVELOPPEMENT● Active
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CAMINO SD● Active
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CASTELLI & FILS● Active
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CREASYS● Active
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Den Bond vzw● Active
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E. Fischer et Cie● Active
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EUROPEAN ASSOCIATION FOR MODULAR HIGH PERFORMANCE COMPUTING● Active
0766.508.747
GENERATION HIGH TECH● Active
0473.766.509
GETECH● Active
0818.716.127
GIEFFE● Active
0888.881.274
GRAPHENE INTERNATIONAL● Active
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GROUPE MBC● Active
0889.604.123
GVL PARTNERS● Active
0533.714.784

Full financial information

Source · NBB
202520242023202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/08/202301/08/202201/08/202101/08/2020
Closing of the financial year31/12/202531/12/202431/12/202331/07/202331/07/202231/07/2021
Length of the financial year12 months12 months5 months12 months12 months12 months
Filing date03/07/202614/08/202501/07/202409/01/202409/02/202314/12/2021
General meeting15/06/202616/06/202514/06/202413/12/202313/01/202308/12/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/06/202603/07/2026FrenchPDF
Full modelCorrection31/12/202416/06/202514/08/2025FrenchPDF
Full model31/12/202416/06/202509/07/2025FrenchPDF
Full model31/12/202314/06/202401/07/2024FrenchPDF
Full model31/07/202313/12/202309/01/2024FrenchPDF
Full model31/07/202213/01/202309/02/2023FrenchPDF
Full model31/07/202108/12/202114/12/2021FrenchPDF
Full model31/07/202009/12/202006/01/2021FrenchPDF
Full model31/07/201911/12/201920/12/2019FrenchPDF
Full model31/07/201812/12/201818/01/2019FrenchPDF
Full model31/07/201707/02/201815/02/2018FrenchPDF
Full model31/07/201614/12/201610/01/2017FrenchPDF
Full model31/07/201509/12/201508/01/2016FrenchPDF
Full model31/07/201420/01/201504/03/2015FrenchPDF
Full model31/07/201330/01/201419/02/2014FrenchPDF
Full model31/07/201212/12/201209/01/2013FrenchPDF
Full model31/07/201116/01/201223/01/2012FrenchPDF
Full model31/07/201020/01/201118/03/2011FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 22 ended

Active mandates

Aryzta France S.A.S.

Director · since 14 décembre 2023 · until 14 juin 2029

Represented by Rhona O'Brien

Active
Nicolas Vanneste

Director · since 02 novembre 2022 · until 08 décembre 2027

Active
Julien Gromb

Director · since 03 juin 2022 · until 08 décembre 2027

Active

Ended mandates

Frédéric Giraud

Managing director · since 30 novembre 2021 · until 09 février 2022

Ended
Arnaud Lefebvre

Director · since 10 octobre 2019 · until 03 juin 2022

Ended
Arnaud Lefebvre

Director · since 10 octobre 2019 · until 09 octobre 2025

Ended
Aryzta France S.A.S.

Director · since 05 avril 2018 · until 13 décembre 2023

Represented by Frédéric Giraud

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/09/2023
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates09/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/01/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/03/2022
    DEMISSIONS, NOMINATIONS
    PDF

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 20252,1 M €↑
  2. 2024
    Annual accounts 20242 M €↑
  3. 2023
    Annual accounts 2023957,9 k €↓
  4. 2023
    Annual accounts 20231,9 M €↑
  5. 2022
    Annual accounts 20221,1 M €↑
  6. 2021
    Annual accounts 2021300,4 k €↓
  7. 2020
    Annual accounts 2020491,3 k €↓
  8. 2019
    Annual accounts 2019909,3 k €↑
  9. 2018
    Annual accounts 2018762,8 k €↑
  10. 2017
    Annual accounts 2017660,3 k €↑
  11. 2016
    Annual accounts 2016553 k €↑
  12. 2015
    Annual accounts 2015453,3 k €↑
  13. 2014
    Annual accounts 2014214,6 k €↑
  14. 2013
    Annual accounts 2013171,6 k €↑
  15. 2012
    Annual accounts 2012156,1 k €↑
  16. 2011
    Annual accounts 201160,2 k €↑
  17. 2010
    Annual accounts 2010-8,4 k €
  18. 19/04/2010
    IncorporationPublic limited company