ACTIVE

BELIVERT

Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+67.6% YoY
Gross margin
2,8 M €
+37.2% YoY
Equity
4,4 M €
+39.3% YoY
Workforce
14,0 ETP
-13.6% YoY

What does BELIVERT do?

BELIVERT is a Private limited company incorporated in 2010. Its registered office is in Zedelgem. It employs on average 14,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.630.290
Incorporation
03/12/2010
Legal form
Private limited company
Registered office
Schatting 42 box f
8210 Zedelgem · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Average workforce
14,0 ETP
Joint committees (5)
  • 149
  • 14901
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin2,8 M €2 M €8,1 M €5,1 M €2,8 M €2,8 M €1,8 M €1,2 M €191,9 k €106,5 k €11,9 k €-63,6 k €-64,6 k €209 k €295 k €
EBITDA1,8 M €1 M €7,2 M €4,6 M €2,5 M €2,5 M €1,6 M €1,2 M €191,4 k €90,8 k €-7,9 k €-63,9 k €-67,7 k €164,9 k €245,2 k €
Operating result1,7 M €872,5 k €7 M €4,5 M €2,2 M €2,4 M €1,5 M €1,1 M €191,2 k €105,8 k €-15,4 k €-82,1 k €-88,3 k €131,9 k €221,1 k €
Net result1,3 M €746,1 k €5,4 M €3,4 M €1,9 M €2,2 M €1,3 M €938,2 k €167,8 k €94,3 k €-2,4 k €-70,4 k €-78,9 k €110,4 k €189,7 k €
Balance sheet
Equity4,4 M €3,2 M €7,9 M €6,2 M €2,8 M €1,9 M €1,1 M €588,2 k €130 k €57,5 k €23,1 k €25,5 k €96 k €174,8 k €114,7 k €
Total assets5,4 M €5,5 M €10,1 M €10,4 M €4,4 M €4,7 M €3,4 M €2 M €487,4 k €185,1 k €125,4 k €196,8 k €327,6 k €650,1 k €887,9 k €
Cash2,5 M €197,5 k €116,7 k €592,6 k €609,7 k €2,4 M €616,3 k €508 k €171,6 k €105,4 k €27,9 k €36,1 k €75,8 k €294,3 k €615,4 k €
Debts835,1 k €2,2 M €2,1 M €4 M €1,4 M €2,8 M €2,3 M €1,4 M €357,4 k €127,6 k €84,2 k €153,5 k €162,5 k €283,2 k €393,1 k €
Other
Workforce14,0 ETP16,2 ETP16,1 ETP11,1 ETP6,4 ETP4,6 ETP3,3 ETP1,1 ETP0,5 ETP0,3 ETP35,0 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Erick RINNER

Active
DARGENT MGMT

Persoon belast met dagelijks bestuur · since 20 février 2025 · 1016.353.726

Represented by DARGENT Frédéric

Active
WATTVICE

Persoon belast met dagelijks bestuur · since 20 février 2025 · until 15 juillet 2026 · 1006.468.238

Represented by WATTEYNE Thomas

Active

Ended mandates

WATTVICE

Persoon belast met dagelijks bestuur · since 20 février 2025 · 1006.468.238

Represented by WATTEYNE THOMAS

Ended
IMPACT EXPANSION MANAGEMENT SARL

Director · since 24 mai 2024 · until 20 février 2025

Represented by Erick RINNER

Ended
Karen DE VITS

Director · since 24 mai 2024 · until 20 février 2025

Ended
WATTVICE

Director · since 24 mai 2024 · until 20 février 2025 · 1006.468.238

Represented by Thomas WATTEYNE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/07/202601/07/202528/03/202428/07/202327/07/202229/07/2021
General meeting29/07/202616/06/202528/02/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/07/202631/07/2026DutchPDF
Abridged model31/12/202416/06/202501/07/2025DutchPDF
Abridged model31/12/202328/02/202428/03/2024DutchPDF
Abridged model31/12/202230/06/202328/07/2023DutchPDF
Abridged model31/12/202130/06/202227/07/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201930/06/202030/07/2020DutchPDF
Abridged model31/12/201815/05/201906/06/2019DutchPDF
Abridged model31/12/201724/03/201805/04/2018DutchPDF
Abridged model31/12/201617/03/201731/03/2017DutchPDF
Abridged model31/12/201509/05/201613/05/2016DutchPDF
Abridged model31/12/201406/05/201504/06/2015DutchPDF
Abridged model31/12/201330/06/201425/07/2014DutchPDF
Abridged model31/12/201205/08/201330/08/2013DutchPDF
Abridged model31/12/201103/05/201204/06/2012DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Erick RINNER

Active
DARGENT MGMT

Persoon belast met dagelijks bestuur · since 20 février 2025 · 1016.353.726

Represented by DARGENT Frédéric

Active
WATTVICE

Persoon belast met dagelijks bestuur · since 20 février 2025 · until 15 juillet 2026 · 1006.468.238

Represented by WATTEYNE Thomas

Active

Ended mandates

WATTVICE

Persoon belast met dagelijks bestuur · since 20 février 2025 · 1006.468.238

Represented by WATTEYNE THOMAS

Ended
IMPACT EXPANSION MANAGEMENT SARL

Director · since 24 mai 2024 · until 20 février 2025

Represented by Erick RINNER

Ended
Karen DE VITS

Director · since 24 mai 2024 · until 20 février 2025

Ended
WATTVICE

Director · since 24 mai 2024 · until 20 février 2025 · 1006.468.238

Represented by Thomas WATTEYNE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/08/2026
    Ontslag persoon belast met het dagelijks bestuur - Beëindiging bijzondere
    PDF
  • Mandates05/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates21/12/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/07/2017
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    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 20251,3 M €
  2. 2024
    Annual accounts 2024746,1 k €
  3. 2023
    Annual accounts 20235,4 M €
  4. 2022
    Annual accounts 20223,4 M €
  5. 2021
    Annual accounts 20211,9 M €
  6. 2020
    Annual accounts 20202,2 M €
  7. 2019
    Annual accounts 20191,3 M €
  8. 2018
    Annual accounts 2018938,2 k €
  9. 2017
    Annual accounts 2017167,8 k €
  10. 2016
    Annual accounts 201694,3 k €
  11. 2015
    Annual accounts 2015-2,4 k €
  12. 2014
    Annual accounts 2014-70,4 k €
  13. 2013
    Annual accounts 2013-78,9 k €
  14. 2012
    Annual accounts 2012110,4 k €
  15. 2011
    Annual accounts 2011189,7 k €
  16. 03/12/2010
    IncorporationPrivate limited company