ACTIVE

BEWELL INNOVATIONS

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Financial year 2025 · Closed on 31/12/2025

Net result170,2 k €+10,1 %over 1 year
Gross margin858,6 k €+18,3 %over 1 year
Equity1,5 M €+12,6 %over 1 year
Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

BEWELL INNOVATIONS is a Public limited company incorporated in 2010. Its main activity is: Other software publishing. Its registered office is in Merchtem. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0827.599.743
Incorporation
22/06/2010
Legal form
Public limited company
Registered office
Kwekelaarstraat 3
1785 Merchtem · FlandreSee on map
Contributed capital
1 081 500,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin858,6 k €725,6 k €803,9 k €757 k €619,2 k €
EBITDA601,1 k €534,7 k €511,2 k €469,6 k €343,4 k €
Operating result166,1 k €115,1 k €131,9 k €51,9 k €-70,8 k €
Net result170,2 k €154,5 k €121,1 k €109,4 k €41,6 k €
Balance sheet
Equity1,5 M €1,3 M €1,2 M €91,3 k €54,1 k €
Total assets2,3 M €2,2 M €2 M €1,4 M €1,2 M €
Cash701,7 k €275,3 k €361,5 k €76,2 k €9,2 k €
Debts375,8 k €452,9 k €364,4 k €977,1 k €904,8 k €
Other
Workforce2,0 ETP2,0 ETP2,9 ETP4,6 ETP4,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 26 ended

Active mandates

FourWays

Director · since 25 août 2023 · until 24 août 2029 · 0805.586.978

Represented by Dieter VANSTEENKISTE

Active
RED CODE

Director · since 01 août 2023 · until 01 août 2029 · 0440.165.412

Represented by Christophe REYNAERT

Active

Ended mandates

CHRISTOPHE REYNAERT

Director · since 26 juillet 2023 · until 26 juillet 2023

Ended
RED CODE

Director · since 14 décembre 2021 · until 13 décembre 2024 · 0440.165.412

Represented by Reynaert CHRISTOPHE

Ended
RED CODE

Director · since 14 décembre 2021 · 0440.165.412

Represented by Reynaert Christophe

Ended
RED CODE

bestuurder · since 14 décembre 2021 · until 13 décembre 2024 · 0440.165.412

Represented by CHRISTOPHE REYNAERT

Ended

Other companies at this address

Kwekelaarstraat 3 1785 Merchtem
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0686.967.658
MOONBAG I● Active
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MOONBAG II● Active
0775.888.449
RED CODE● Active
0440.165.412

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202629/08/202525/06/202431/05/202305/05/202322/12/2021
General meeting20/06/202630/06/202502/05/202402/05/202328/06/202221/12/2021
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, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202629/06/2026DutchPDF
Abridged model31/12/202430/06/202529/08/2025DutchPDF
Abridged model31/12/202302/05/202425/06/2024DutchPDF
Abridged model31/12/202202/05/202331/05/2023DutchPDF
Abridged model31/12/202128/06/202205/05/2023DutchPDF
Micro model31/12/202021/12/202122/12/2021DutchPDF
Micro model31/12/201930/06/202030/07/2020DutchPDF
Micro model31/12/201831/05/201904/06/2019DutchPDF
Micro model31/12/201726/06/201801/08/2018DutchPDF
Abridged model31/12/201602/05/201726/06/2017DutchPDF
Abridged model31/12/201524/06/201601/07/2016DutchPDF
Abridged model31/12/201402/05/201526/06/2015DutchPDF
Abridged model31/12/201302/05/201430/07/2014DutchPDF
Abridged model31/12/201202/05/201330/05/2013DutchPDF
Abridged model31/12/201102/05/201226/06/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

2 active · 26 ended

Active mandates

FourWays

Director · since 25 août 2023 · until 24 août 2029 · 0805.586.978

Represented by Dieter VANSTEENKISTE

Active
RED CODE

Director · since 01 août 2023 · until 01 août 2029 · 0440.165.412

Represented by Christophe REYNAERT

Active

Ended mandates

CHRISTOPHE REYNAERT

Director · since 26 juillet 2023 · until 26 juillet 2023

Ended
RED CODE

Director · since 14 décembre 2021 · until 13 décembre 2024 · 0440.165.412

Represented by Reynaert CHRISTOPHE

Ended
RED CODE

Director · since 14 décembre 2021 · 0440.165.412

Represented by Reynaert Christophe

Ended
RED CODE

bestuurder · since 14 décembre 2021 · until 13 décembre 2024 · 0440.165.412

Represented by CHRISTOPHE REYNAERT

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2018
    ONTSLAGEN - BENOEMINGEN
    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 2025170,2 k €↑
  2. 2024
    Annual accounts 2024154,5 k €↑
  3. 2023
    Annual accounts 2023121,1 k €↑
  4. 2022
    Annual accounts 2022109,4 k €↑
  5. 2021
    Annual accounts 202141,6 k €↑
  6. 2019
    Annual accounts 2019-13 k €↓
  7. 2018
    Annual accounts 201848,5 k €↑
  8. 2017
    Annual accounts 2017-275 k €↓
  9. 2016
    Annual accounts 2016-271,7 k €↓
  10. 2015
    Annual accounts 2015-162 k €↓
  11. 2014
    Annual accounts 201414,1 k €↓
  12. 2013
    Annual accounts 201333,6 k €↑
  13. 2012
    Annual accounts 2012-101,4 k €↑
  14. 2011
    Annual accounts 2011-148,4 k €
  15. 22/06/2010
    IncorporationPublic limited company