NORMAL SITUATION

BELROO

Export PDF
Financial year 2022 · closed on 31/12/2022
Net result
430,4 k €
+76.0% YoY
Gross margin
740,6 k €
+20.0% YoY
Equity
1,6 M €
+108.3% YoY
Workforce
1,8 ETP
-58.1% YoY

Company — Normal situation.

What does BELROO do?

BELROO is a company registered in Belgium. It employs on average 1,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0879.822.068
Legal form
Private limited company
Contributed capital
106 661,76 €
Latest accounts
31/12/2022
Average workforce
1,8 ETP
Joint committees (2)
  • 124
  • 140
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20222019201820172016201520142012201120102008
Income statement
Gross margin740,6 k €617,1 k €488 k €351,9 k €238,6 k €221,4 k €270,5 k €446,8 k €296,1 k €267,4 k €262,6 k €
EBITDA645,6 k €427,2 k €273,9 k €229,3 k €169,6 k €103,9 k €105,9 k €182,7 k €126,1 k €104,2 k €60,2 k €
Operating result638,8 k €373,1 k €220,8 k €141,7 k €83,7 k €34,4 k €27,6 k €92,4 k €65,4 k €44,3 k €-6,3 k €
Net result430,4 k €244,6 k €146,5 k €83,5 k €28,5 k €15,6 k €15,9 k €59,3 k €40,3 k €25,4 k €-17,1 k €
Balance sheet
Equity1,6 M €787,6 k €543 k €396,5 k €313 k €284,5 k €269 k €284,6 k €225,4 k €185,1 k €140,4 k €
Total assets1,7 M €928,9 k €733,9 k €663,7 k €542,2 k €458,5 k €484 k €593,8 k €408,5 k €415,8 k €520,2 k €
Cash1,5 M €567,3 k €330,9 k €172,8 k €104,5 k €71,3 k €56,3 k €26,8 k €22,5 k €28,6 k €75,6 k €
Debts83,5 k €126 k €180,5 k €244,4 k €203,5 k €156 k €188,4 k €285,6 k €180,3 k €224,8 k €376,7 k €
Other
Workforce1,8 ETP4,3 ETP4,5 ETP2,3 ETP–2,4 ETP3,2 ETP4,6 ETP2,9 ETP3,0 ETP4,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 8 ended

Active mandates

Walter Heylen

Director · since 16 décembre 2008 · until 19 avril 2022

Active
Rita Van Rooy

Director · since 06 mars 2006

Active

Ended mandates

Herman Heylen

Manager · since 16 décembre 2008 · until 16 mai 2011

Ended
Herman Heylen

Manager · since 16 décembre 2008

Ended
Walter Heylen

Director · since 16 décembre 2008

Ended
Walter Heylen

Manager · since 16 décembre 2008

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year28/08/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year8 months12 months12 months12 months12 months12 months
Filing date11/09/202307/06/202321/06/202213/07/202109/07/202004/07/2019
General meeting–06/06/202307/06/202201/06/202102/06/202004/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model28/08/2023—11/09/2023DutchPDF
Abridged model31/12/202206/06/202307/06/2023DutchPDF
Abridged model31/12/202107/06/202221/06/2022DutchPDF
Abridged model31/12/202001/06/202113/07/2021DutchPDF
Abridged model31/12/201902/06/202009/07/2020DutchPDF
Abridged model31/12/201804/06/201904/07/2019DutchPDF
Abridged model31/12/201705/06/201826/06/2018DutchPDF
Micro model31/12/201606/06/201705/07/2017DutchPDF
Abridged model31/12/201507/06/201627/06/2016DutchPDF
Abridged model31/12/201402/06/201514/07/2015DutchPDF
Abridged model31/12/201303/06/201401/07/2014DutchPDF
Abridged model31/12/201204/06/201305/06/2013DutchPDF
Abridged model31/12/201105/06/201214/06/2012DutchPDF
Abridged model31/12/201007/06/201120/06/2011DutchPDF
Abridged model31/12/200901/06/201002/06/2010DutchPDF
Abridged model31/12/200802/06/200923/06/2009DutchPDF
Abridged model31/12/200705/06/200816/06/2008DutchPDF
Estimate

Indicative valuation

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 31/12/2022 · 2 active · 8 ended

Active mandates

Walter Heylen

Director · since 16 décembre 2008 · until 19 avril 2022

Active
Rita Van Rooy

Director · since 06 mars 2006

Active

Ended mandates

Herman Heylen

Manager · since 16 décembre 2008 · until 16 mai 2011

Ended
Herman Heylen

Manager · since 16 décembre 2008

Ended
Walter Heylen

Director · since 16 décembre 2008

Ended
Walter Heylen

Manager · since 16 décembre 2008

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022430,4 k €↑
  2. 2019
    Annual accounts 2019244,6 k €↑
  3. 2018
    Annual accounts 2018146,5 k €↑
  4. 2017
    Annual accounts 201783,5 k €↑
  5. 2016
    Annual accounts 201628,5 k €↑
  6. 2015
    Annual accounts 201515,6 k €↓
  7. 2014
    Annual accounts 201415,9 k €↓
  8. 2012
    Annual accounts 201259,3 k €↑
  9. 2011
    Annual accounts 201140,3 k €↑
  10. 2010
    Annual accounts 201025,4 k €↑
  11. 2008
    Annual accounts 2008-17,1 k €