ACTIVE

BEL-CO

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Financial year 2025 · Closed on 31/12/2025

Net result59,7 k €-8,8 %over 1 year
Gross margin118,3 k €+1,6 %over 1 year
Equity303,2 k €+24,5 %over 1 year

Identity

Source · BCE/KBO

BEL-CO is a Private limited company incorporated in 2011. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.069.148
Incorporation
25/02/2011
Legal form
Private limited company
Registered office
Hoogheide 55
3511 Hasselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin118,3 k €116,4 k €91,4 k €71,8 k €109,1 k €
EBITDA115,7 k €113,5 k €88,7 k €69,2 k €106,5 k €
Operating result88 k €96,4 k €72,7 k €53,2 k €91,4 k €
Net result59,7 k €65,5 k €48,1 k €35,9 k €65,2 k €
Balance sheet
Equity303,2 k €243,5 k €177,9 k €129,8 k €93,9 k €
Total assets511,3 k €457,9 k €399,8 k €436,6 k €441,3 k €
Cash16,4 k €8,4 k €10 k €16,7 k €11,1 k €
Debts208,1 k €214,5 k €221,9 k €306,8 k €347,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
John Lenaers
DirectorManager2018 accountsended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date07/07/202628/08/202501/07/202428/07/202330/06/202227/08/2021
General meeting24/06/202630/06/202526/06/202428/06/202329/06/202230/06/2021
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
Micro model31/12/202524/06/202607/07/2026DutchPDF
Micro model31/12/202430/06/202528/08/2025DutchPDF
Micro model31/12/202326/06/202401/07/2024DutchPDF
Micro model31/12/202228/06/202328/07/2023DutchPDF
Micro model31/12/202129/06/202230/06/2022DutchPDF
Micro model31/12/202030/06/202127/08/2021DutchPDF
Micro model31/12/201902/09/202023/09/2020DutchPDF
Micro model31/12/201826/06/201927/06/2019DutchPDF
Micro model31/12/201727/06/201823/08/2018DutchPDF
Abridged model31/12/201628/06/201711/07/2017DutchPDF
Abridged model31/12/201529/06/201630/06/2016DutchPDF
Abridged model31/12/201424/06/201531/07/2015DutchPDF
Abridged model31/12/201325/06/201430/06/2014DutchPDF
Abridged model31/12/201226/06/201328/06/2013DutchPDF
Abridged model31/12/201127/06/201228/06/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
John Lenaers
DirectorManager2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/08/2016
    Wijziging maatschappelijke zetel
    PDF
  • Other03/08/2015
    WIJZIGING VAN HET MAATSCHAPPELIJK DOEL - STATUTENWIJZIGING
    PDF
  • Registered office03/07/2013
    Wijziging maatschappelijke zetel
    PDF
  • Other01/03/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
John Lenaers
2011201220132014201520162017201820192020202120222023202420252026
BEL-CO
Hoogheide 55, 3511 Kuringen
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hoogheide 55, 3511 KuringenCurrent
CBE
Hoogheide 55, 3500 Hasselt
accounts 2025
Accounts 2025 · 2026-00283292
Hoogheide 55, 3511 Kuringen
accounts 2021 → 2024
Accounts 2024 · 2025-00469354

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BEL-COCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00283292

Events

  1. 2025
    Annual accounts 202559,7 k €↓
  2. 2024
    Annual accounts 202465,5 k €↑
  3. 2023
    Annual accounts 202348,1 k €↑
  4. 2022
    Annual accounts 202235,9 k €↓
  5. 2021
    Annual accounts 202165,2 k €↑
  6. 2020
    Annual accounts 2020-18,2 k €↓
  7. 2019
    Annual accounts 201932,6 k €↑
  8. 2018
    Annual accounts 20188,7 k €↑
  9. 2017
    Annual accounts 20173,4 k €↓
  10. 2016
    Annual accounts 201615,3 k €↑
  11. 2015
    Annual accounts 20156,3 k €↑
  12. 2014
    Annual accounts 2014-11,7 k €↓
  13. 2013
    Annual accounts 2013-2,5 k €↑
  14. 2012
    Annual accounts 2012-10,3 k €↑
  15. 2011
    Annual accounts 2011-13,6 k €
  16. 25/02/2011
    IncorporationPrivate limited company