ACTIVE

BELCOFIM

Financial year 2025 · Closed on 31/12/2025

Net result189,1 k €-89,3 %over 1 year
Gross margin453,4 k €-82,1 %over 1 year
Equity5,7 M €+3,4 %over 1 year

Identity

Source · BCE/KBO

BELCOFIM is a Public limited company incorporated in 2006. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0884.364.440
Incorporation
18/10/2006
Legal form
Public limited company
Registered office
Sparrendreef 90
8300 Knokke-Heist · FlandreSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin453,4 k €2,5 M €355,8 k €342,9 k €1,1 M €
EBITDA451,9 k €2,5 M €354,1 k €342,8 k €1,1 M €
Operating result451,9 k €2,5 M €354,1 k €342,8 k €1,1 M €
Net result189,1 k €1,8 M €198,7 k €257 k €857,9 k €
Balance sheet
Equity5,7 M €5,5 M €3,8 M €3,6 M €3,3 M €
Total assets14 M €14,2 M €17,1 M €17 M €8,1 M €
Cash43,8 k €17,7 k €33,1 k €1,4 M €2,1 M €
Debts8,3 M €8,7 M €13,3 M €13,4 M €4,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 12 ended

Active mandates

LVH INVEST

Managing director · since 01 janvier 2025 · until 17 mai 2030 · 0673.797.731

Represented by Louis Van Hoorebeke

Active
AGENTSCHAP PALLEN

Managing director · since 16 octobre 2018 · until 17 mars 2028 · 0415.860.081

Active
GECOM

Managing director · since 16 octobre 2018 · until 17 mars 2028 · 0438.524.330

Active

Ended mandates

LVH INVEST

Managing director · since 13 août 2020 · until 17 mars 2022 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
LVH INVEST

Managing director · since 13 août 2020 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
AGENTSCHAP PALLEN

Managing director · since 16 octobre 2018 · until 17 mai 2024 · 0415.860.081

Ended
AGENTSCHAP PALLEN

Managing director · since 16 octobre 2018 · 0415.860.081

Ended

Other companies at this address

Sparrendreef 90 8300 Knokke-Heist
CompanyCBE no.
BASTARDS INC.● Active
0783.689.031
Belco Construct● Active
0632.762.276

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202625/07/202526/08/202418/07/202314/07/202224/06/2021
General meeting19/06/202616/05/202517/05/202419/05/202320/05/202207/05/2021
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 model31/12/202519/06/202623/07/2026DutchPDF
Abridged model31/12/202416/05/202525/07/2025DutchPDF
Abridged model31/12/202317/05/202426/08/2024DutchPDF
Abridged model31/12/202219/05/202318/07/2023DutchPDF
Abridged model31/12/202120/05/202214/07/2022DutchPDF
Abridged model31/12/202007/05/202124/06/2021DutchPDF
Abridged model31/12/201910/05/202004/06/2020DutchPDF
Abridged model31/12/201807/06/201919/07/2019DutchPDF
Abridged model31/12/201729/05/201820/07/2018DutchPDF
Abridged model31/12/201610/07/201720/07/2017DutchPDF
Abridged model31/12/201515/05/201613/06/2016DutchPDF
Abridged model31/12/201428/05/201501/07/2015DutchPDF
Abridged model31/12/201301/07/201417/07/2014DutchPDF
Abridged model31/12/201217/05/201329/08/2013DutchPDF
Abridged model31/12/201118/05/201230/08/2012DutchPDF
Abridged model31/12/201020/05/201126/08/2011DutchPDF
Abridged model31/12/200921/05/201030/07/2010DutchPDF
Abridged model31/12/200822/05/200926/08/2009DutchPDF
Abridged model31/12/200716/05/200825/08/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025

3 active · 12 ended

Active mandates

LVH INVEST

Managing director · since 01 janvier 2025 · until 17 mai 2030 · 0673.797.731

Represented by Louis Van Hoorebeke

Active
AGENTSCHAP PALLEN

Managing director · since 16 octobre 2018 · until 17 mars 2028 · 0415.860.081

Active
GECOM

Managing director · since 16 octobre 2018 · until 17 mars 2028 · 0438.524.330

Active

Ended mandates

LVH INVEST

Managing director · since 13 août 2020 · until 17 mars 2022 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
LVH INVEST

Managing director · since 13 août 2020 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
AGENTSCHAP PALLEN

Managing director · since 16 octobre 2018 · until 17 mai 2024 · 0415.860.081

Ended
AGENTSCHAP PALLEN

Managing director · since 16 octobre 2018 · 0415.860.081

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/10/2006
    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

  1. 2025
    Annual accounts 2025189,1 k €↓
  2. 2024
    Annual accounts 20241,8 M €↑
  3. 2023
    Annual accounts 2023198,7 k €↓
  4. 2022
    Annual accounts 2022257 k €↓
  5. 2021
    Annual accounts 2021857,9 k €↓
  6. 2020
    Annual accounts 20203,1 M €↑
  7. 2019
    Annual accounts 2019411,7 k €↓
  8. 2018
    Annual accounts 20183 M €↑
  9. 2017
    Annual accounts 2017-77,4 k €↑
  10. 2016
    Annual accounts 2016-82,2 k €↓
  11. 2015
    Annual accounts 2015-18,1 k €↓
  12. 2014
    Annual accounts 2014908,5 €↓
  13. 2013
    Annual accounts 201392,8 k €↓
  14. 2012
    Annual accounts 2012127,4 k €↑
  15. 2011
    Annual accounts 2011123,4 k €↑
  16. 2010
    Annual accounts 201097,4 k €↑
  17. 2009
    Annual accounts 200952,5 k €↑
  18. 2008
    Annual accounts 200849,1 k €↑
  19. 2007
    Annual accounts 2007-45 k €
  20. 18/10/2006
    IncorporationPublic limited company