ACTIVE

BELFAGEO

Financial year 2025 · closed on 31/12/2025
Net result
96,5 k €
+260.1% YoY
Gross margin
204 k €
+37.2% YoY
Equity
147,4 k €
+32.9% YoY

What does BELFAGEO do?

BELFAGEO is a Private limited company incorporated in 2006. Its main activity is: Architectural activities. Its registered office is in Chaudfontaine.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.952.666
Incorporation
27/12/2006
Legal form
Private limited company
Registered office
Voie de l'Air Pur 257
4052 Chaudfontaine · WallonieSee on map
Contributed capital
77 533,32 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin204 k €148,7 k €170,5 k €76,7 k €124,8 k €104,5 k €152,7 k €148,6 k €185,4 k €137,4 k €103,7 k €62,7 k €41,5 k €36,1 k €47,2 k €40,1 k €103 k €60,5 k €52,7 k €
EBITDA187,4 k €83,6 k €50,5 k €21,3 k €24,1 k €42,1 k €38,8 k €-14,7 k €47,3 k €31,9 k €37,3 k €58,2 k €39,9 k €34,4 k €44,9 k €38,3 k €100 k €58,2 k €50,7 k €
Operating result136,2 k €41,8 k €37 k €10,8 k €-26,1 k €37,6 k €31,4 k €-26,4 k €31,6 k €-244,7 €7,5 k €29 k €22,9 k €17,4 k €21,2 k €9 k €70,8 k €26 k €28,9 k €
Net result96,5 k €26,8 k €28,1 k €8,7 k €-28,7 k €25,5 k €26,5 k €-26,7 k €17,5 k €-1,7 k €4,9 k €16,6 k €13,7 k €10 k €11,4 k €2 k €45,2 k €17,5 k €19,9 k €
Balance sheet
Equity147,4 k €110,8 k €144 k €175,9 k €167,2 k €195,9 k €134,8 k €72,6 k €99,3 k €81,8 k €83,5 k €78,5 k €61,9 k €96,2 k €86,2 k €74,8 k €88,8 k €43,6 k €26,1 k €
Total assets389,5 k €436,5 k €442,3 k €334,2 k €348,5 k €396,7 k €468,2 k €307,3 k €208,5 k €225,6 k €202,4 k €193,7 k €130,5 k €138 k €152,2 k €179,4 k €163,5 k €183,2 k €213 k €
Cash93,1 k €9,6 k €107,2 k €17 k €42,2 k €30,6 k €63 k €13,8 k €28,9 k €17,5 k €22,1 k €24,3 k €7,9 k €3 k €
Debts242,1 k €325,6 k €298,2 k €158,3 k €181,3 k €200,8 k €333,5 k €234,7 k €109,2 k €143,8 k €119 k €115,2 k €68,6 k €41,8 k €65,9 k €104,5 k €74,7 k €139,5 k €186,9 k €
Other
Workforce1,5 ETP2,5 ETP1,2 ETP2,6 ETP1,9 ETP2,9 ETP4,4 ETP3,4 ETP2,6 ETP1,8 ETP0,5 ETP1,0 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 · 1 active · 11 ended

Active mandates

GEOPROJET

Director · since 15 juillet 2014 · 0480.060.027

Represented by RAPHAEL METZLER

Active

Ended mandates

GEOPROJET

Manager · since 15 juillet 2014 · 0480.060.027

Represented by Raphaël Metzler

Ended
GEOPROJET

Manager · since 15 juillet 2014 · 0480.060.027

Represented by RAPHAEL METZLER

Ended
SARTON & CO

Manager · since 15 juillet 2014 · 0553.452.504

Represented by Nicolas Sarton

Ended
SARTON & CO

Manager · since 15 juillet 2014 · until 18 novembre 2016 · 0553.452.504

Represented by NICOLAS SARTON

Ended
At this address

Other companies at this address

CompanyCBE no.
0449.967.558
MYMONITORINGActive
1031.936.379
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 date28/07/202611/07/202521/06/202408/08/202304/07/202212/08/2021
General meeting30/06/202630/06/202525/05/202430/06/202330/06/202230/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026FrenchPDF
Abridged model31/12/202430/06/202511/07/2025FrenchPDF
Abridged model31/12/202325/05/202421/06/2024FrenchPDF
Abridged model31/12/202230/06/202308/08/2023FrenchPDF
Abridged model31/12/202130/06/202204/07/2022FrenchPDF
Abridged model31/12/202030/06/202112/08/2021FrenchPDF
Abridged model31/12/201902/05/202003/09/2020FrenchPDF
Abridged model31/12/201804/05/201928/08/2019FrenchPDF
Abridged model31/12/201705/05/201804/07/2018FrenchPDF
Abridged model31/12/201606/05/201711/09/2017FrenchPDF
Abridged model31/12/201507/05/201608/08/2016FrenchPDF
Abridged model31/12/201402/05/201522/07/2015FrenchPDF
Abridged model31/12/201303/05/201430/08/2014FrenchPDF
Abridged model31/12/201204/05/201330/08/2013FrenchPDF
Abridged model31/12/201104/06/201231/08/2012FrenchPDF
Abridged model31/12/201006/06/201131/08/2011FrenchPDF
Abridged model31/12/200907/06/201031/08/2010FrenchPDF
Abridged model31/12/200803/06/200931/08/2009FrenchPDF
Abridged model31/12/200727/06/200829/09/2008FrenchPDF
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 · 1 active · 11 ended

Active mandates

GEOPROJET

Director · since 15 juillet 2014 · 0480.060.027

Represented by RAPHAEL METZLER

Active

Ended mandates

GEOPROJET

Manager · since 15 juillet 2014 · 0480.060.027

Represented by Raphaël Metzler

Ended
GEOPROJET

Manager · since 15 juillet 2014 · 0480.060.027

Represented by RAPHAEL METZLER

Ended
SARTON & CO

Manager · since 15 juillet 2014 · 0553.452.504

Represented by Nicolas Sarton

Ended
SARTON & CO

Manager · since 15 juillet 2014 · until 18 novembre 2016 · 0553.452.504

Represented by NICOLAS SARTON

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/01/2024
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/03/2019
    CAPITAL, ACTIONS
    PDF
  • Mandates06/11/2017
    DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/12/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office02/10/2014
    SIEGE SOCIAL
    PDF
  • Registered office29/08/2014
    SIEGE SOCIAL
    PDF
  • Mandates18/08/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/12/2006
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202596,5 k €
  2. 2024
    Annual accounts 202426,8 k €
  3. 2023
    Annual accounts 202328,1 k €
  4. 2022
    Annual accounts 20228,7 k €
  5. 2021
    Annual accounts 2021-28,7 k €
  6. 2020
    Annual accounts 202025,5 k €
  7. 2019
    Annual accounts 201926,5 k €
  8. 2018
    Annual accounts 2018-26,7 k €
  9. 2017
    Annual accounts 201717,5 k €
  10. 2017
    Name changeBELFAGEO
  11. 2016
    Annual accounts 2016-1,7 k €
  12. 2015
    Annual accounts 20154,9 k €
  13. 2014
    Annual accounts 201416,6 k €
  14. 2013
    Annual accounts 201313,7 k €
  15. 2012
    Annual accounts 201210 k €
  16. 2011
    Annual accounts 201111,4 k €
  17. 2010
    Annual accounts 20102 k €
  18. 2009
    Annual accounts 200945,2 k €
  19. 2008
    Annual accounts 200817,5 k €
  20. 2007
    Annual accounts 200719,9 k €
  21. 2007
    Name changede BONHOME & CIE
  22. 27/12/2006
    IncorporationPrivate limited company