ACTIVE

Bentley Systems Solutions

Financial year 2024 · Closed on 31/12/2024

Net result53 k €+116,6 %over 1 year
Gross margin1,3 M €-0,7 %over 1 year
Equity435,8 k €+13,9 %over 1 year
Workforce6,9 ETP-11,5 %over 1 year

Identity

Source · BCE/KBO

Bentley Systems Solutions is a Private limited company incorporated in 2004. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Gent. It employs on average 6,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0867.207.318
Incorporation
13/09/2004
Legal form
Private limited company
Registered office
Coupure 88
9000 Gent · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Average workforce
6,9 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin1,3 M €1,3 M €1,4 M €1,2 M €2,3 M €
EBITDA105,9 k €110,6 k €142,7 k €99,2 k €161,6 k €
Operating result96,7 k €105,3 k €137,3 k €93,8 k €156,2 k €
Net result53 k €24,5 k €107,8 k €57,5 k €111,9 k €
Balance sheet
Equity435,8 k €382,7 k €358,2 k €250,4 k €192,9 k €
Total assets611,1 k €526,1 k €725 k €483,8 k €531,4 k €
Cash3,8 k €24,5 k €3,7 k €35,9 k €70,6 k €
Debts132,7 k €125 k €277,2 k €122,3 k €86,2 k €
Other
Workforce6,9 ETP7,8 ETP10,0 ETP7,9 ETP11,2 ETP

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 31/12/2024

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Hester Lundqvist
Directorsince 01/10/2015Administrator - manager01/10/2015 → 2020 accountsendedManager01/10/2015 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriod
Paul EATON
Manager20/12/2006 → 01/10/2015

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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/09/202501/10/202431/08/202328/10/202231/08/202131/08/2020
General meeting02/05/202503/05/202405/05/202306/05/202207/05/202102/05/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202402/05/202504/09/2025DutchPDF
Abridged model31/12/202303/05/202401/10/2024DutchPDF
Abridged model31/12/202205/05/202331/08/2023DutchPDF
Abridged model31/12/202106/05/202228/10/2022DutchPDF
Abridged model31/12/202007/05/202131/08/2021DutchPDF
Abridged model31/12/201902/05/202031/08/2020DutchPDF
Abridged model31/12/201803/05/201928/06/2019DutchPDF
Abridged model31/12/201704/05/201828/05/2018DutchPDF
Abridged model31/12/201605/05/201716/06/2017DutchPDF
Abridged model31/12/201506/05/201630/06/2016DutchPDF
Abridged model31/12/201404/05/201515/07/2015DutchPDF
Abridged model31/12/201302/05/201407/07/2014DutchPDF
Abridged model31/12/201203/05/201302/08/2013DutchPDF
Abridged model31/12/201104/05/201201/08/2012DutchPDF
Abridged model31/12/201006/05/201131/07/2011DutchPDF
Abridged model31/12/200907/05/201030/07/2010DutchPDF
Abridged model31/12/200804/05/200913/07/2009DutchPDF
Abridged model31/12/200705/05/200823/07/2008DutchPDF
Abridged model31/12/200604/05/200727/07/2007DutchPDF

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 31/12/2024

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Hester Lundqvist
Directorsince 01/10/2015Administrator - manager01/10/2015 → 2020 accountsendedManager01/10/2015 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriod
Paul EATON
Manager20/12/2006 → 01/10/2015

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office11/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/01/2016
    Ontslag en benoeming zaakvoerder
    PDF
  • Other18/09/2007
    Romeinsestraat 10,
    PDF
  • Mandates18/06/2007
    ONTSLAG EN BENOEMING ZAAKVOERDER.
    PDF
  • Other21/09/2004
    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
Filings19 filings
Mandates
Hester Lundqvist
Paul EATON
20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Bentley Systems Solutions
Coupure 88, 9000 Gent
DirectorAdministrator - managerManager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Coupure 88, 9000 GentCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00482239

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Bentley Systems SolutionsCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00482239

Events

  1. 2024
    Annual accounts 202453 k €↑
  2. 2023
    Annual accounts 202324,5 k €↓
  3. 2022
    Annual accounts 2022107,8 k €↑
  4. 2021
    Annual accounts 202157,5 k €↓
  5. 2020
    Annual accounts 2020111,9 k €↑
  6. 2019
    Annual accounts 201916,7 k €↑
  7. 2018
    Annual accounts 20189,4 k €↓
  8. 2017
    Annual accounts 201732,9 k €↑
  9. 2016
    Annual accounts 20169,5 k €↓
  10. 2015
    Annual accounts 201559,1 k €↑
  11. 2014
    Annual accounts 201422,1 k €↑
  12. 2013
    Annual accounts 2013-11,5 k €↓
  13. 2012
    Annual accounts 201221,9 k €↓
  14. 2011
    Annual accounts 201132,7 k €↓
  15. 2010
    Annual accounts 201051,7 k €↑
  16. 2009
    Annual accounts 200949,4 k €↓
  17. 2008
    Annual accounts 200864,7 k €↑
  18. 2007
    Annual accounts 200751,9 k €↑
  19. 2006
    Annual accounts 200614,6 k €
  20. 13/09/2004
    IncorporationPrivate limited company