BELAT
0843.667.990 · rovalta.com · 23/09/2026
ACTIVE
BELAT
Financial year 2025 · closed on 31/12/2025
Net result
75,5 k €
+45.4% YoY
Gross margin
475,9 k €
+32.0% YoY
Equity
674 k €
+12.6% YoY
Workforce
6,4 ETP
+6.7% YoY
Overview
What does BELAT do?
BELAT is a Private limited company incorporated in 2012. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Bree. It employs on average 6,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.667.990
Incorporation
14/02/2012
Legal form
Private limited company
Registered office
Industrieterrein Kanaal-Noord 1413
3960 Bree · FlandreSee on map
3960 Bree · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,4 ETP
Activities (NACE)
47524Retail sale of hardware, paints and glass in specialised stores· main47524Retail sale of hardware, paints and glass in specialised stores16100Sawmilling and planing of wood16110Sawmilling and planing of wood16220Manufacture of assembled parquet floors16220Manufacture of assembled parquet floors+8
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | 475,9 k € | +32.0% | 360,4 k € | -15.3% | 425,4 k € | +22.3% | 347,8 k € | -29.0% | 490,1 k € | -0.9% | 494,8 k € | +15.5% | 428,5 k € | +62.0% | 264,6 k € | +24.6% | 212,3 k € | -22.9% | 275,4 k € | +78.7% | 154,1 k € | -27.0% | 211,2 k € | +199% | 70,6 k € | +59.1% | 44,3 k € |
| EBITDA | 139,6 k € | +90.1% | 73,4 k € | -33.8% | 110,9 k € | +16.5% | 95,1 k € | -54.1% | 207,4 k € | -12.4% | 236,8 k € | +15.0% | 206 k € | +84.8% | 111,5 k € | +126% | 49,4 k € | -72.9% | 182,1 k € | +142% | 75,1 k € | -42.4% | 130,4 k € | +95.1% | 66,8 k € | +54.3% | 43,3 k € |
| Operating result | 115,8 k € | +120% | 52,6 k € | -41.2% | 89,4 k € | +15.6% | 77,3 k € | -58.7% | 187 k € | -13.1% | 215,2 k € | +20.6% | 178,5 k € | +110% | 85 k € | +344% | 19,1 k € | -86.0% | 136,3 k € | +311% | 33,2 k € | -70.6% | 112,6 k € | +96.7% | 57,3 k € | +37.9% | 41,5 k € |
| Net result | 75,5 k € | +45.4% | 51,9 k € | -13.6% | 60,1 k € | -4.3% | 62,8 k € | -54.7% | 138,8 k € | -19.1% | 171,7 k € | +28.1% | 134 k € | +107% | 64,9 k € | +454% | 11,7 k € | -87.4% | 92,7 k € | +304% | 22,9 k € | -70.1% | 76,8 k € | +109% | 36,7 k € | +32.9% | 27,6 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 674 k € | +12.6% | 598,5 k € | +9.5% | 546,6 k € | +12.4% | 486,5 k € | +14.8% | 423,7 k € | +48.7% | 284,9 k € | -7.3% | 307,2 k € | +22.3% | 251,2 k € | -12.3% | 286,3 k € | +4.0% | 275,3 k € | +50.8% | 182,6 k € | +14.4% | 159,6 k € | +92.7% | 82,8 k € | +79.4% | 46,2 k € |
| Total assets | 1,4 M € | +12.6% | 1,3 M € | +15.2% | 1,1 M € | +2.4% | 1,1 M € | +45.9% | 738,2 k € | -6.0% | 785,5 k € | +10.6% | 710,5 k € | +28.1% | 554,6 k € | -4.3% | 579,5 k € | +24.0% | 467,1 k € | +45.2% | 321,8 k € | -0.6% | 323,9 k € | +41.1% | 229,5 k € | +8.6% | 211,4 k € |
| Cash | 155,7 k € | -24.8% | 207 k € | -10.4% | 231,1 k € | -7.3% | 249,3 k € | +21.9% | 204,5 k € | -33.6% | 308 k € | +67.9% | 183,4 k € | -4.1% | 191,3 k € | +14.3% | 167,4 k € | +36.9% | 122,3 k € | +833% | 13,1 k € | -85.0% | 87,1 k € | +209% | 28,2 k € | +95.3% | 14,4 k € |
| Debts | 756,4 k € | +12.5% | 672,2 k € | +20.7% | 556,8 k € | -5.8% | 590,8 k € | +89.3% | 312,1 k € | -37.6% | 500,5 k € | +24.1% | 403,2 k € | +32.9% | 303,4 k € | +3.5% | 293,1 k € | +52.8% | 191,9 k € | +37.8% | 139,2 k € | -14.0% | 161,8 k € | +16.8% | 138,5 k € | -11.8% | 157,1 k € |
| Other | |||||||||||||||||||||||||||
| Workforce | 6,4 ETP | +6.7% | 6,0 ETP | -6.3% | 6,4 ETP | +1.6% | 6,3 ETP | -20.3% | 7,9 ETP | +16.2% | 6,8 ETP | +21.4% | 5,6 ETP | +16.7% | 4,8 ETP | +4.3% | 4,6 ETP | – | 1,9 ETP | +46.2% | 1,3 ETP | +1200% | 0,1 ETP | – | |||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Aigars Bobkovs
ActiveEnded mandates
Aigars Bobkovs
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BTW EENHEID SPIDALA● Active | 0684.843.358 |
KOKNESIS● Active | 0676.465.825 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 07/07/2026 | 08/07/2025 | 26/07/2024 | 29/06/2023 | 22/07/2022 | 18/07/2021 |
| General meeting | 15/06/2026 | 16/06/2025 | 17/06/2024 | 19/06/2023 | 20/06/2022 | 21/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/06/2026 | 07/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 16/06/2025 | 08/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 17/06/2024 | 26/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 19/06/2023 | 29/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 20/06/2022 | 22/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/06/2021 | 18/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/06/2020 | 21/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 17/06/2019 | 25/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 18/06/2018 | 31/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 19/06/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/06/2016 | 26/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/06/2015 | 29/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 16/06/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/06/2013 | 29/08/2013 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Aigars Bobkovs
ActiveEnded mandates
Aigars Bobkovs
EndedShareholders
Ownership and network
Looking for more information about this company?
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Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202575,5 k €↑
- 2024Annual accounts 202451,9 k €↓
- 2023Annual accounts 202360,1 k €↓
- 2022Annual accounts 202262,8 k €↓
- 2021Annual accounts 2021138,8 k €↓
- 2020Annual accounts 2020171,7 k €↑
- 2019Annual accounts 2019134 k €↑
- 2018Annual accounts 201864,9 k €↑
- 2017Annual accounts 201711,7 k €↓
- 2016Annual accounts 201692,7 k €↑
- 2015Annual accounts 201522,9 k €↓
- 2014Annual accounts 201476,8 k €↑
- 2013Annual accounts 201336,7 k €↑
- 2012Annual accounts 201227,6 k €
- 14/02/2012IncorporationPrivate limited company