ACTIVE

BELIES

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Financial year 2025 · closed on 31/12/2025

Net result

865,1 k €

+55.6% YoY

Revenue

49,3 M €

+3.6% YoY

Equity

9 M €

+10.6% YoY

Workforce

76,2 ETP

+2.3% YoY

What does BELIES do?

BELIES is a Public limited company incorporated in 2005. Its main activity is: Other processing and preserving of fruit and vegetables. Its registered office is in Tessenderlo-Ham. It employs on average 76,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.640.495

Incorporation

27/04/2005

Legal form

Public limited company

Registered office

Ambachtsstraat 1
3980 Tessenderlo-Ham · FlandreSee on map

Contributed capital

1 231 145,00 €

Latest accounts

31/12/2025

Average workforce

76,2 ETP

Activities (NACE)

10391Other processing and preserving of fruit and vegetables· main 10391Other processing and preserving of fruit and vegetables 15331Manufacture of leather and related products

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	49,3 M €	+3.6%	47,7 M €	+2.7%	46,4 M €	+5.2%	44,1 M €	+6.7%	41,3 M €	+15.1%	35,9 M €	-6.6%	38,5 M €	+16.1%	33,1 M €	+30.9%	25,3 M €	+16.6%	21,7 M €	+20.8%	18 M €	+6.6%	16,9 M €	+28.1%	13,2 M €	+24.0%	10,6 M €	+29.0%	8,2 M €	+25.8%	6,5 M €	-2.4%	6,7 M €	+20.8%	5,5 M €	+48.2%	3,7 M €	-25.2%	5 M €
EBITDA	2,3 M €	+26.8%	1,8 M €	-16.7%	2,2 M €	+735%	-342,7 k €	-114%	2,5 M €	+82.0%	1,4 M €	-20.8%	1,7 M €	+22.1%	1,4 M €	-18.8%	1,7 M €	+25.1%	1,4 M €	+22.7%	1,1 M €	-3.5%	1,2 M €	-29.3%	1,6 M €	+754%	192,5 k €	-64.6%	543,4 k €	-39.9%	903,5 k €	+11.6%	809,9 k €	+465%	143,4 k €	-31.9%	210,7 k €	+411%	-67,8 k €
Operating result	1,4 M €	+58.8%	878,2 k €	-10.5%	980,7 k €	+201%	-968,5 k €	-147%	2,1 M €	+128%	908,6 k €	-27.6%	1,3 M €	+32.2%	948,7 k €	-27.8%	1,3 M €	+29.8%	1 M €	+29.2%	783,9 k €	-9.8%	869,5 k €	-31.9%	1,3 M €	+827%	-175,5 k €	-169%	255,8 k €	-57.6%	603,3 k €	+22.5%	492,3 k €	+437%	-146,3 k €	-172%	-53,8 k €	+85.2%	-364,1 k €
Net result	865,1 k €	+55.6%	555,9 k €	-26.9%	760,8 k €	+176%	-997,3 k €	-166%	1,5 M €	+132%	648,8 k €	-24.0%	854,2 k €	+34.6%	634,5 k €	-23.7%	831,4 k €	+27.8%	650,7 k €	+27.6%	509,8 k €	-7.0%	548,4 k €	-41.5%	937,6 k €	+350%	-375,3 k €	-335%	159,9 k €	-67.5%	492,5 k €	+10.7%	445 k €	+331%	-192,3 k €	-56.2%	-123,1 k €	+71.8%	-435,7 k €
Balance sheet
Equity	9 M €	+10.6%	8,1 M €	+7.3%	7,6 M €	+11.1%	6,8 M €	-12.8%	7,8 M €	+14.7%	6,8 M €	+10.5%	6,2 M €	+16.1%	5,3 M €	+13.6%	4,7 M €	+21.6%	3,8 M €	+20.3%	3,2 M €	+19.0%	2,7 M €	+25.6%	2,1 M €	+78.0%	1,2 M €	-23.8%	1,6 M €	+11.3%	1,4 M €	+53.2%	925 k €	+92.7%	480 k €	-28.6%	672,3 k €	+83.8%	365,8 k €
Total assets	21,7 M €	+0.8%	21,5 M €	+56.3%	13,8 M €	-0.5%	13,9 M €	+6.0%	13,1 M €	+16.0%	11,3 M €	+5.9%	10,6 M €	-1.9%	10,8 M €	+6.4%	10,2 M €	+21.7%	8,4 M €	+20.9%	6,9 M €	-2.0%	7,1 M €	+23.7%	5,7 M €	+13.6%	5 M €	+28.1%	3,9 M €	+11.6%	3,5 M €	+22.4%	2,9 M €	-12.4%	3,3 M €	+25.7%	2,6 M €	+14.9%	2,3 M €
Cash	450,3 k €	-33.7%	679,6 k €	-42.4%	1,2 M €	+186%	412,2 k €	-61.9%	1,1 M €	+194%	368,4 k €	+79.6%	205,1 k €	+1.1%	202,9 k €	-17.0%	244,4 k €	-37.3%	389,8 k €	+26.7%	307,6 k €	+881%	31,4 k €	-49.1%	61,6 k €	-35.2%	95 k €	-25.6%	127,8 k €	+203%	42,1 k €	-51.5%	86,9 k €	-47.0%	163,7 k €	+3191446%	5,1 €	-99.9%	6,4 k €
Debts	12,1 M €	-7.0%	13,1 M €	+120%	5,9 M €	-13.8%	6,9 M €	+37.4%	5 M €	+16.9%	4,3 M €	-2.8%	4,4 M €	-18.8%	5,4 M €	-1.2%	5,5 M €	+21.7%	4,5 M €	+21.4%	3,7 M €	-14.7%	4,4 M €	+23.3%	3,5 M €	-7.4%	3,8 M €	+62.8%	2,3 M €	+11.7%	2,1 M €	+7.7%	2 M €	-30.2%	2,8 M €	+44.1%	1,9 M €	+1.7%	1,9 M €
Other
Workforce	76,2 ETP	+2.3%	74,5 ETP	+3.5%	72,0 ETP	+13.4%	63,5 ETP	+16.7%	54,4 ETP	+11.5%	48,8 ETP	+0.6%	48,5 ETP	+21.3%	40,0 ETP	+17.0%	34,2 ETP	+22.6%	27,9 ETP	+21.3%	23,0 ETP	+11.1%	20,7 ETP	+14.4%	18,1 ETP	+2.3%	17,7 ETP	-1.1%	17,9 ETP	+9.1%	16,4 ETP	+5.1%	15,6 ETP	+12.2%	13,9 ETP	+26.4%	11,0 ETP	+71.9%	6,4 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 · 7 active · 21 ended

Active mandates

ARGALIX

Director · since 24 avril 2024 · until 28 avril 2027 · 0808.841.131

Represented by Francis Kint

Active

De Eik

Director · since 27 avril 2023 · until 29 avril 2026 · 0411.941.380

Represented by Philippe Vandeurzen

Active

Fagus Finance

Director · since 27 avril 2023 · until 29 avril 2026 · 0425.295.114

Represented by Michel De Brauwer

Active

Jan De Brauwer

Managing director · since 27 avril 2023 · until 29 avril 2026

Active

Klara Van Waeyenberge

Director · since 27 avril 2023 · until 29 avril 2026

Active

Luk De Brauwer

Director · since 27 avril 2023 · until 29 avril 2026

Active

PIETERCIL GROUP

Director · since 27 avril 2023 · until 29 avril 2026 · 0738.399.038

Represented by Christiane Teugels

Active

Ended mandates

ESSP

Director · since 01 juillet 2024 · until 28 avril 2027 · 1010.996.455

Represented by Philip Demeulemeester

Ended

Katrien Bousson

Director · since 24 avril 2024 · until 30 avril 2025 · 0675.561.052

Represented by Katrien Bousson

Ended

Katrien Bousson

Director · since 30 juin 2023 · until 24 avril 2024 · 0675.561.052

Represented by Katrien Bousson

Ended

Confintech

Director · since 27 avril 2023 · until 29 avril 2026 · 0761.989.636

Represented by Chris Teugels

Ended

At this address

Other companies at this address

Company	CBE no.
OLIVA● Active	0842.686.807
Pietercil Logistics● Active	0887.888.708

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	29/05/2026	20/05/2025	30/05/2024	30/06/2023	09/06/2022	10/06/2021
General meeting	29/04/2026	30/04/2025	24/04/2024	26/04/2023	27/04/2022	28/04/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/04/2026	29/05/2026	Dutch	PDF
Full model	31/12/2024	30/04/2025	20/05/2025	Dutch	PDF
Full model	31/12/2023	24/04/2024	30/05/2024	Dutch	PDF
Full model	31/12/2022	26/04/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	27/04/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	28/04/2021	10/06/2021	Dutch	PDF
Full model	31/12/2019	29/04/2020	16/06/2020	Dutch	PDF
Full model	31/12/2018	24/04/2019	16/05/2019	Dutch	PDF
Full model	31/12/2017	25/04/2018	18/05/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	02/06/2017	Dutch	PDF
Full model	31/12/2015	27/04/2016	25/05/2016	Dutch	PDF
Full model	31/12/2014	29/04/2015	17/06/2015	Dutch	PDF
Full model	31/12/2013	30/04/2014	28/05/2014	Dutch	PDF
Full model	31/12/2012	24/04/2013	21/06/2013	Dutch	PDF
Full model	31/12/2011	25/04/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	27/04/2011	27/05/2011	Dutch	PDF
Full model	31/12/2009	28/04/2010	22/06/2010	Dutch	PDF
Full model	31/12/2008	29/04/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	30/04/2008	27/06/2008	Dutch	PDF
Full model	31/12/2006	25/04/2007	03/07/2007	Dutch	PDF

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 · 7 active · 21 ended

Active mandates

ARGALIX

Director · since 24 avril 2024 · until 28 avril 2027 · 0808.841.131

Represented by Francis Kint

Active

De Eik

Director · since 27 avril 2023 · until 29 avril 2026 · 0411.941.380

Represented by Philippe Vandeurzen

Active

Fagus Finance

Director · since 27 avril 2023 · until 29 avril 2026 · 0425.295.114

Represented by Michel De Brauwer

Active

Jan De Brauwer

Managing director · since 27 avril 2023 · until 29 avril 2026

Active

Klara Van Waeyenberge

Director · since 27 avril 2023 · until 29 avril 2026

Active

Luk De Brauwer

Director · since 27 avril 2023 · until 29 avril 2026

Active

PIETERCIL GROUP

Director · since 27 avril 2023 · until 29 avril 2026 · 0738.399.038

Represented by Christiane Teugels

Active

Ended mandates

ESSP

Director · since 01 juillet 2024 · until 28 avril 2027 · 1010.996.455

Represented by Philip Demeulemeester

Ended

Katrien Bousson

Director · since 24 avril 2024 · until 30 avril 2025 · 0675.561.052

Represented by Katrien Bousson

Ended

Katrien Bousson

Director · since 30 juin 2023 · until 24 avril 2024 · 0675.561.052

Represented by Katrien Bousson

Ended

Confintech

Director · since 27 avril 2023 · until 29 avril 2026 · 0761.989.636

Represented by Chris Teugels

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other01/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2022
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025865,1 k €↑
2024
Annual accounts 2024555,9 k €↓
2023
Annual accounts 2023760,8 k €↑
2022
Annual accounts 2022-997,3 k €↓
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020648,8 k €↓
2019
Annual accounts 2019854,2 k €↑
2018
Annual accounts 2018634,5 k €↓
2017
Annual accounts 2017831,4 k €↑
2016
Annual accounts 2016650,7 k €↑
2015
Annual accounts 2015509,8 k €↓
2014
Annual accounts 2014548,4 k €↓
2013
Annual accounts 2013937,6 k €↑
2012
Annual accounts 2012-375,3 k €↓
2011
Annual accounts 2011159,9 k €↓
2010
Annual accounts 2010492,5 k €↑
2009
Annual accounts 2009445 k €↑
2008
Annual accounts 2008-192,3 k €↓
2007
Annual accounts 2007-123,1 k €↑
2006
Annual accounts 2006-435,7 k €
27/04/2005
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BELIES

Overview

What does BELIES do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline