BELOURTHE
0877.958.381 · rovalta.com · 09/11/2026
ACTIVE
BELOURTHE
Financial year 2025 · Closed on 31/12/2025
Net result3,6 M €+46,7 %over 1 year
Revenue23,3 M €+17,4 %over 1 year
Equity4,7 M €-47,3 %over 1 year
Workforce99,8 ETP+8,8 %over 1 year
Overview
Identity
Source · BCE/KBOBELOURTHE is a Public limited company incorporated in 2005. Its main activity is: Operation of dairies and cheese making. Its registered office is in Hamoir. It employs on average 99,8 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0877.958.381
- Incorporation
- 16/12/2005
- Legal form
- Public limited company
- Registered office
- Avenue des Villas 3
4180 Hamoir · WallonieSee on map - Contributed capital
- 312 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 99,8 ETP
Activities (NACE)
Joint committees (3)
- 118
- 121
- 220
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHigh revenue
Financials
Source · NBB, 19 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 23,3 M € | +17.4% | 19,8 M € | +16.9% | 17 M € | -7.9% | 18,4 M € | +8.5% | 17 M € |
| EBITDA | 5,9 M € | +35.6% | 4,4 M € | +78.3% | 2,4 M € | +19.8% | 2 M € | -29.6% | 2,9 M € |
| Operating result | 4,5 M € | +37.8% | 3,3 M € | +143% | 1,3 M € | +11.4% | 1,2 M € | -40.4% | 2 M € |
| Net result | 3,6 M € | +46.7% | 2,4 M € | +165% | 924,5 k € | +11.0% | 833,1 k € | -32.9% | 1,2 M € |
| Balance sheet | |||||||||
| Equity | 4,7 M € | -47.3% | 8,8 M € | +19.2% | 7,4 M € | +13.8% | 6,5 M € | +14.1% | 5,7 M € |
| Total assets | 18,5 M € | +32.5% | 13,9 M € | +10.1% | 12,7 M € | +6.0% | 12 M € | +2.5% | 11,7 M € |
| Cash | 1,8 M € | -15.9% | 2,1 M € | +136% | 906 k € | +151% | 360,8 k € | -26.1% | 488,5 k € |
| Debts | 13,6 M € | +176% | 4,9 M € | +0.3% | 4,9 M € | -6.2% | 5,2 M € | -6.0% | 5,6 M € |
| Other | |||||||||
| Workforce | 99,8 ETP | +8.8% | 91,7 ETP | +5.2% | 87,2 ETP | -3.6% | 90,5 ETP | -6.2% | 96,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Gilles CRAHAY | Director04/09/2019 → 12/06/2029 | ||
Muriel D'HOSE | Director25/11/2011 → 12/06/2029 | ||
| Chairman of the board of directors14/12/2005 → 12/06/2029 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jean-Pierre DEBRAS | Director14/12/2005 → 2010 accounts |
Financials
Full financial information
Source · NBB| 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 | 27/08/2026 | 17/06/2025 | 27/06/2024 | 06/12/2023 | 06/12/2023 | 08/07/2021 |
| General meeting | 27/08/2026 | 10/06/2025 | 11/06/2024 | 01/12/2023 | 01/12/2023 | 22/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 27/08/2026 | 27/08/2026 | French | |
| Full model | 31/12/2024 | 10/06/2025 | 17/06/2025 | French | |
| Full model | 31/12/2023 | 11/06/2024 | 27/06/2024 | French | |
| Full model | 31/12/2022 | 01/12/2023 | 06/12/2023 | French | |
| Full model | 31/12/2021 | 01/12/2023 | 06/12/2023 | French | |
| Full model | 31/12/2020 | 22/06/2021 | 08/07/2021 | French | |
| Full model | 31/12/2019 | 09/06/2020 | 10/06/2020 | French | |
| Full model | 31/12/2018 | 10/05/2019 | 31/05/2019 | French | |
| Full model | 31/12/2017 | 12/06/2018 | 15/06/2018 | French | |
| Full model | 31/12/2016 | 27/06/2017 | 28/07/2017 | French | |
| Full model | 31/12/2015 | 23/06/2016 | 07/07/2016 | French | |
| Full model | 31/12/2014 | 09/06/2015 | 24/07/2015 | French | |
| Full model | 31/12/2013 | 10/06/2014 | 20/06/2014 | French | |
| Full model | 31/12/2012 | 25/06/2013 | 03/07/2013 | French | |
| Full model | 30/06/2011 | 24/11/2011 | 21/12/2011 | French | |
| Full model | 30/06/2010 | 30/11/2010 | 10/12/2010 | French | |
| Full model | 30/06/2009 | 10/11/2009 | 30/11/2009 | French | |
| Full model | 30/06/2008 | 11/12/2008 | 08/01/2009 | French | |
| Full model | 30/06/2007 | 08/10/2007 | 06/11/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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
Board of directors
Source · NBB, accounts to 31/12/20253 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Gilles CRAHAY | Director04/09/2019 → 12/06/2029 | ||
Muriel D'HOSE | Director25/11/2011 → 12/06/2029 | ||
| Chairman of the board of directors14/12/2005 → 12/06/2029 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jean-Pierre DEBRAS | Director14/12/2005 → 2010 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates17/12/2025DEMISSIONS, NOMINATIONS
- Mandates12/07/2024DEMISSIONS, NOMINATIONS
- Capital / shares26/10/2023CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates26/09/2023DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates26/04/2022DEMISSIONS, NOMINATIONS
- Mandates09/11/2021DEMISSIONS, NOMINATIONS
- Mandates24/10/2019DEMISSIONS, NOMINATIONS
- Mandates20/06/2019DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
VINCRA FOOD
Muriel D'HOSE
Gilles CRAHAY
Jean-Pierre DEBRAS
2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
BELOURTHE
Avenue des Villas 3, 4180 Hamoir
Chairman of the board of directors
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Avenue des Villas 3, 4180 HamoirCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00436566 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| BELOURTHECurrent | accounts 2007 → 2025 | Accounts 2025 · 2026-00436566 |
Events
- 2025Annual accounts 20253,6 M €↑
- 2024Annual accounts 20242,4 M €↑
- 2023Annual accounts 2023924,5 k €↑
- 2022Annual accounts 2022833,1 k €↓
- 2021Annual accounts 20211,2 M €↓
- 2020Annual accounts 20201,6 M €↓
- 2019Annual accounts 20192 M €↑
- 2018Annual accounts 20181,7 M €↓
- 2017Annual accounts 20171,8 M €↑
- 2016Annual accounts 2016850,8 k €↓
- 2015Annual accounts 20151,1 M €↓
- 2014Annual accounts 20141,5 M €↑
- 2013Annual accounts 20131 M €↑
- 2012Annual accounts 20121 M €↓
- 2011Annual accounts 20111,9 M €↑
- 2010Annual accounts 20101,6 M €↑
- 2009Annual accounts 2009621,1 k €↓
- 2008Annual accounts 2008644,7 k €↓
- 2007Annual accounts 2007967,4 k €
- 16/12/2005IncorporationPublic limited company