ACTIVE

Belvie

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Financial year 2025 · closed on 31/12/2025

Net result

63,5 k €

-3.4% YoY

Gross margin

95,2 k €

-13.9% YoY

Equity

368,9 k €

+20.8% YoY

What does Belvie do?

Belvie is a Private limited company incorporated in 2005. Its main activity is: Repair of other personal and household goods. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.342.225

Incorporation

15/12/2005

Legal form

Private limited company

Registered office

Martelarenlaan 201
3010 Leuven · FlandreSee on map

Contributed capital

48 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

95290Repair of other personal and household goods· main 95290Repair of other personal and household goods 52740Warehousing and support activities for transportation

Joint committees (2)

14904
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	95,2 k €	-13.9%	110,6 k €	+326%	25,9 k €	-34.4%	39,6 k €	+55.9%	25,4 k €	-4.8%	26,7 k €	-80.0%	133,2 k €	+421%	25,6 k €	-33.0%	38,2 k €	-35.6%	59,3 k €	-75.2%	239,4 k €	-32.9%	356,7 k €	-8.0%	387,5 k €	+31.2%	295,3 k €	-4.9%	310,5 k €	+12.5%	276 k €	+35.9%	203,2 k €	+82.9%	111,1 k €	-22.8%	143,8 k €
EBITDA	91,2 k €	-2.0%	93 k €	+320%	22,2 k €	-38.7%	36,2 k €	+346%	8,1 k €	-68.6%	25,8 k €	-80.5%	132,4 k €	+492%	22,4 k €	-37.9%	36 k €	-37.0%	57,2 k €	-45.4%	104,7 k €	+15.2%	90,9 k €	-34.7%	139,3 k €	+27.3%	109,4 k €	-27.1%	150 k €	+19.2%	125,8 k €	+20.1%	104,7 k €	+142%	43,3 k €	-18.1%	52,8 k €
Operating result	85,8 k €	-5.2%	90,5 k €	+662%	11,9 k €	-44.4%	21,3 k €	+354%	-8,4 k €	-196%	8,8 k €	-92.7%	120,6 k €	+769%	13,9 k €	-37.3%	22,1 k €	-49.8%	44 k €	-68.6%	140,4 k €	+254%	39,6 k €	-36.2%	62,1 k €	+0.3%	61,9 k €	-46.4%	115,4 k €	+19.9%	96,2 k €	+8.9%	88,3 k €	+185%	31 k €	-27.3%	42,6 k €
Net result	63,5 k €	-3.4%	65,8 k €	+507%	10,8 k €	-49.1%	21,3 k €	+517%	-5,1 k €	-184%	6,1 k €	-92.3%	79,4 k €	+19701%	400,7 €	+115%	-2,6 k €	-123%	11,4 k €	-88.1%	95,6 k €	+438%	17,8 k €	-53.8%	38,5 k €	+12.2%	34,3 k €	+11.1%	30,9 k €	-55.5%	69,3 k €	+13.8%	60,9 k €	+223%	18,9 k €	-41.1%	32 k €
Balance sheet
Equity	368,9 k €	+20.8%	305,3 k €	+10.6%	276 k €	-33.7%	416,2 k €	+5.4%	394,9 k €	-24.0%	519,6 k €	+1.2%	513,6 k €	+18.3%	434,2 k €	+0.1%	433,8 k €	-0.6%	436,5 k €	+2.7%	425,1 k €	+29.0%	329,5 k €	+0.8%	326,7 k €	+13.3%	288,3 k €	+13.5%	254 k €	+14.2%	222,4 k €	+45.9%	152,4 k €	+65.8%	91,9 k €	+193%	31,4 k €
Total assets	406,5 k €	+22.1%	332,9 k €	+5.1%	316,8 k €	-46.5%	592 k €	-0.7%	596,2 k €	-20.0%	745,5 k €	-2.8%	766,8 k €	-20.3%	961,5 k €	-23.3%	1,3 M €	-4.7%	1,3 M €	-5.3%	1,4 M €	+0.8%	1,4 M €	+12.2%	1,2 M €	+7.5%	1,1 M €	+5.1%	1,1 M €	+152%	432,5 k €	+26.9%	340,7 k €	+4.2%	326,8 k €	+23.8%	263,9 k €
Cash	93,9 k €	-33.4%	141,1 k €	+151%	56,2 k €	-57.7%	133 k €	-12.3%	151,6 k €	-48.9%	296,8 k €	-2.6%	304,8 k €	+199%	102 k €	-74.7%	402,8 k €	-8.4%	439,7 k €	-15.9%	522,9 k €	+320%	124,4 k €	-12.0%	141,3 k €	+87.7%	75,3 k €	-22.2%	96,7 k €	+35.1%	71,6 k €	+28.3%	55,8 k €	+1812%	2,9 k €	-83.6%	17,8 k €
Debts	37 k €	+34.8%	27,5 k €	-32.7%	40,8 k €	-76.8%	175,6 k €	-4.2%	183,2 k €	-11.4%	206,7 k €	-11.8%	234,5 k €	-55.1%	522 k €	-35.5%	809,1 k €	-8.0%	879,5 k €	-7.6%	951,6 k €	-8.2%	1 M €	+16.7%	888,3 k €	+3.9%	855,3 k €	+2.7%	833,1 k €	+297%	210,1 k €	+11.6%	188,3 k €	-19.8%	234,9 k €	+1.1%	232,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		3,0 ETP	-45.5%	5,5 ETP	+3.8%	5,3 ETP	+20.5%	4,4 ETP	0.0%	4,4 ETP	+15.8%	3,8 ETP	+40.7%	2,7 ETP	+17.4%	2,3 ETP	-8.0%	2,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Karen Schepens

Director

Active

Koen Van Eygen

Director

Active

Ended mandates

Karen Schepens

Director · since 15 décembre 2005

Ended

Karen Schepens

Manager · since 15 décembre 2005

Ended

Koen Van Eygen

Director · since 15 décembre 2005

Ended

Koen Van Eygen

Manager · since 15 décembre 2005

Ended

At this address

Other companies at this address

Company	CBE no.
Belgische Tweewielerfederatie - Fédération belge du Deux-Roues● Active	0451.356.341

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	24/07/2026	12/08/2025	26/08/2024	07/08/2023	29/07/2022	30/08/2021
General meeting	30/06/2026	30/06/2025	29/06/2024	30/06/2023	30/06/2022	25/08/2021
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
Micro model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	12/08/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	26/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	07/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Micro model	31/12/2020	25/08/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	23/07/2020	27/07/2020	Dutch	PDF
Micro model	31/12/2018	01/07/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	26/07/2018	Dutch	PDF
Micro model	31/12/2016	12/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/07/2013	12/08/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	17/06/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	24/07/2007	29/08/2007	Dutch	PDF

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.

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 · 2 active · 7 ended

Active mandates

Karen Schepens

Director

Active

Koen Van Eygen

Director

Active

Ended mandates

Karen Schepens

Director · since 15 décembre 2005

Ended

Karen Schepens

Manager · since 15 décembre 2005

Ended

Koen Van Eygen

Director · since 15 décembre 2005

Ended

Koen Van Eygen

Manager · since 15 décembre 2005

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/05/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other29/07/2009
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares23/01/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other17/01/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202563,5 k €↓
2024
Annual accounts 202465,8 k €↑
2023
Annual accounts 202310,8 k €↓
2022
Annual accounts 202221,3 k €↑
2022
Name changeBelvie
2021
Annual accounts 2021-5,1 k €↓
2021
Name changeKoli3
2019
Annual accounts 20196,1 k €↓
2018
Annual accounts 201879,4 k €↑
2017
Annual accounts 2017400,7 €↑
2016
Annual accounts 2016-2,6 k €↓
2015
Annual accounts 201511,4 k €↓
2014
Annual accounts 201495,6 k €↑
2013
Annual accounts 201317,8 k €↓
2012
Annual accounts 201238,5 k €↑
2011
Annual accounts 201134,3 k €↑
2010
Annual accounts 201030,9 k €↓
2009
Annual accounts 200969,3 k €↑
2008
Annual accounts 200860,9 k €↑
2007
Annual accounts 200718,9 k €↓
2006
Annual accounts 200632 k €
15/12/2005
IncorporationPrivate 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

Belvie

Overview

What does Belvie do?

Trend over 19 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