ACTIVE

Belnan

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Financial year 2025 · closed on 31/12/2025
Net result
21,3 k €
-1.3% YoY
Gross margin
-7,6 k €
-5.4% YoY
Equity
1 M €
+2.1% YoY
Workforce
0,0 ETP

What does Belnan do?

Belnan is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Arendonk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0884.500.339
Incorporation
24/10/2006
Legal form
Private limited company
Registered office
De Maaskens 14 box A5
2370 Arendonk · FlandreSee on map
Contributed capital
1 413 532,25 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableSolid equityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212010200920082007
Income statement
Gross margin-7,6 k €-7,2 k €-8,1 k €-6,8 k €-7,2 k €33,9 k €-674,6 €-139,2 €-1,4 k €
EBITDA-8,9 k €-8,4 k €-9,3 k €-7,9 k €-8,3 k €33,4 k €-1,2 k €-675,2 €-2,2 k €
Operating result-8,9 k €-8,4 k €-9,3 k €-7,9 k €-8,3 k €33,4 k €-1,2 k €-675,2 €-2,2 k €
Net result21,3 k €21,6 k €-500 k €8,8 k €7,7 k €15,7 k €4,8 k €-696,5 €-2,3 k €
Balance sheet
Equity1 M €993,1 k €972,4 k €1,5 M €1,5 M €286,1 k €20,4 k €15,6 k €16,3 k €
Total assets1,4 M €1,4 M €1,4 M €1,9 M €2 M €544,5 k €20,5 k €15,6 k €16,3 k €
Cash194 k €37,9 k €36,7 k €30,5 k €83,7 k €26,7 k €13,3 k €8,4 k €9,1 k €
Debts430,6 k €447,7 k €412,2 k €412,6 k €472,5 k €258,4 k €102,9 €––
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Johanna Aleva

Director · since 19 octobre 2006

Active

Ended mandates

Johanna Aleva

Manager · since 19 octobre 2006

Ended
Johanna ALEVA

Manager

Ended
Annual accounts

Full financial information

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 date29/06/202617/06/202518/06/202406/06/202324/06/202222/06/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202629/06/2026DutchPDF
Abridged model31/12/202402/06/202517/06/2025DutchPDF
Abridged model31/12/202303/06/202418/06/2024DutchPDF
Abridged model31/12/202205/06/202306/06/2023DutchPDF
Abridged model31/12/202106/06/202224/06/2022DutchPDF
Abridged model31/12/202007/06/202122/06/2021DutchPDF
Abridged model31/12/201908/06/202022/06/2020DutchPDF
Abridged model31/12/201830/06/201929/07/2019DutchPDF
Abridged model31/12/201725/06/201819/07/2018DutchPDF
Abridged model31/12/201626/07/201728/07/2017DutchPDF
Abridged modelCorrection31/12/201501/09/201627/09/2016DutchPDF
Abridged model31/12/201506/06/201615/06/2016DutchPDF
Abridged model31/12/201401/06/201502/06/2015DutchPDF
Abridged model31/12/201302/06/201403/06/2014DutchPDF
Abridged model31/12/201224/06/201318/07/2013DutchPDF
Abridged model31/12/201125/06/201219/07/2012DutchPDF
Abridged model31/12/201030/06/201125/07/2011DutchPDF
Abridged model31/12/200907/06/201016/06/2010DutchPDF
Abridged model31/12/200801/06/200929/06/2009DutchPDF
Abridged model31/12/200730/06/200823/07/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Johanna Aleva

Director · since 19 octobre 2006

Active

Ended mandates

Johanna Aleva

Manager · since 19 octobre 2006

Ended
Johanna ALEVA

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/07/2016
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares20/02/2012
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares28/06/2010
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other03/11/2006
    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

Timeline

  1. 2025
    Annual accounts 202521,3 k €↓
  2. 2024
    Annual accounts 202421,6 k €↑
  3. 2023
    Annual accounts 2023-500 k €↓
  4. 2022
    Annual accounts 20228,8 k €↑
  5. 2021
    Annual accounts 20217,7 k €↓
  6. 2010
    Annual accounts 201015,7 k €↑
  7. 2009
    Annual accounts 20094,8 k €↑
  8. 2008
    Annual accounts 2008-696,5 €↑
  9. 2007
    Annual accounts 2007-2,3 k €
  10. 24/10/2006
    IncorporationPrivate limited company