ACTIVE

BELGIAN LAND COMPANY

Financial year 2024 · Closed on 31/12/2024

Net result
1,1 M €
+55,9 %over 1 year
Gross margin
1,3 M €
+18,8 %over 1 year
Equity
8,9 M €
+10,1 %over 1 year

Identity

Source · BCE/KBO

BELGIAN LAND COMPANY is a Public limited company incorporated in 2007. Its registered office is in Auderghem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.948.778
Incorporation
23/04/2007
Legal form
Public limited company
Registered office
Boulevard du Souverain 292
1160 Auderghem · BruxellesSee on map
Contributed capital
5 000 000,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212020
Income statement
Gross margin1,3 M €1,1 M €786,7 k €1 M €1 M €
EBITDA693,3 k €627,9 k €295,1 k €383,3 k €476,6 k €
Operating result693,3 k €627,9 k €295,1 k €33,3 k €26,6 k €
Net result1,1 M €713,9 k €38,1 k €-100,5 k €-99,2 k €
Balance sheet
Equity8,9 M €8,1 M €7,6 M €7,5 M €7,6 M €
Total assets46,9 M €46,8 M €47,4 M €46,4 M €51,3 M €
Cash945,3 k €649,2 k €4,9 M €6,3 M €2,9 M €
Debts38 M €38,7 M €39,6 M €38,7 M €43,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 13 ended

Active mandates

Arfides

Director · since 12 juin 2019 · until 11 juin 2025 · 0849.719.802

Represented by Stefan PAELEMAN

Active
REAL ESTATE SOLUTIONS

Director · since 12 juin 2019 · until 11 juin 2025 · 0460.014.184

Represented by Bart PAELEMAN

Active
WILMARC INVEST

Managing director · since 12 juin 2019 · until 11 juin 2025 · 0434.262.367

Represented by Marc Paeleman

Active

Ended mandates

Arfides

Director · since 12 juin 2019 · until 11 juin 2025 · 0849.719.802

Represented by Stefan Paeleman

Ended
REAL ESTATE SOLUTIONS

Director · since 12 juin 2019 · until 11 juin 2025 · 0460.014.184

Represented by Bart PAELEMAN

Ended
WILMARC INVEST

Managing director · since 12 juin 2019 · until 11 juin 2025 · 0434.262.367

Represented by Marc PAELEMAN

Ended
WILMARC INVEST

Managing director · since 12 juin 2019 · until 11 juin 2025 · 0434.262.367

Represented by Marc PAELEMAN

Ended

Other companies at this address

Boulevard du Souverain 292 1160 Auderghem
CompanyCBE no.
0421.789.949
ArfidesActive
0849.719.802
0773.962.109
0505.670.304
DOMUS MARCUSActive
0456.916.619
GPC VisionActive
1035.684.539
GRIMMOActive
0456.569.102
Havenlaan HTActive
0754.623.970
0425.575.919
0899.887.905
PAGACEActive
0838.324.973
PARC RESIDENCESActive
0476.714.121
0808.026.826
RAC 4Active
0819.593.481
0673.640.551
RAC 6Active
0738.392.110
RES SOLIActive
0652.961.339
SEAPARKActive
0693.730.241
0417.031.209
SKYLINE EUROPEActive
0888.809.911

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202529/08/202431/08/202330/08/202227/08/202105/08/2020
General meeting20/05/202521/05/202416/05/202317/05/202218/05/202110/07/2020
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 model31/12/202420/05/202529/09/2025DutchPDF
Abridged model31/12/202321/05/202429/08/2024DutchPDF
Abridged model31/12/202216/05/202331/08/2023DutchPDF
Abridged modelCorrection31/12/202117/05/202230/08/2022DutchPDF
Abridged model31/12/202117/05/202210/06/2022DutchPDF
Abridged model31/12/202018/05/202127/08/2021DutchPDF
Abridged model31/12/201910/07/202005/08/2020DutchPDF
Abridged model31/12/201821/05/201927/08/2019DutchPDF
Abridged model31/12/201715/05/201831/08/2018DutchPDF
Abridged model31/12/201616/05/201711/08/2017DutchPDF
Abridged model31/12/201517/05/201630/08/2016DutchPDF
Abridged model31/12/201419/05/201524/08/2015DutchPDF
Abridged model31/12/201320/05/201412/08/2014DutchPDF
Abridged model31/12/201211/06/201330/08/2013DutchPDF
Abridged model31/12/201115/05/201227/06/2012DutchPDF
Abridged model31/12/201017/05/201127/06/2011DutchPDF
Abridged model31/12/200918/05/201004/06/2010DutchPDF
Abridged model31/12/200812/05/200920/07/2009DutchPDF
Abridged model31/12/200720/05/200819/06/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024

3 active · 13 ended

Active mandates

Arfides

Director · since 12 juin 2019 · until 11 juin 2025 · 0849.719.802

Represented by Stefan PAELEMAN

Active
REAL ESTATE SOLUTIONS

Director · since 12 juin 2019 · until 11 juin 2025 · 0460.014.184

Represented by Bart PAELEMAN

Active
WILMARC INVEST

Managing director · since 12 juin 2019 · until 11 juin 2025 · 0434.262.367

Represented by Marc Paeleman

Active

Ended mandates

Arfides

Director · since 12 juin 2019 · until 11 juin 2025 · 0849.719.802

Represented by Stefan Paeleman

Ended
REAL ESTATE SOLUTIONS

Director · since 12 juin 2019 · until 11 juin 2025 · 0460.014.184

Represented by Bart PAELEMAN

Ended
WILMARC INVEST

Managing director · since 12 juin 2019 · until 11 juin 2025 · 0434.262.367

Represented by Marc PAELEMAN

Ended
WILMARC INVEST

Managing director · since 12 juin 2019 · until 11 juin 2025 · 0434.262.367

Represented by Marc PAELEMAN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other19/09/2019
    DIVERSEN
    PDF
  • Mandates09/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring12/04/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares28/01/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/06/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 12/06/2025
    nominationWILMARC INVEST — bestuurder
  2. 12/06/2025
    nominationArfides — bestuurder
  3. 12/06/2025
    nominationREAL ESTATE SOLUTIONS — bestuurder
  4. 2024
    Annual accounts 20241,1 M €
  5. 2024
    Name changeBELGIAN LAND COMPANY
  6. 2023
    Annual accounts 2023713,9 k €
  7. 2022
    Annual accounts 202238,1 k €
  8. 2021
    Annual accounts 2021-100,5 k €
  9. 2021
    Name changeBELANCO
  10. 2020
    Annual accounts 2020-99,2 k €
  11. 2019
    Annual accounts 2019-39,9 k €
  12. 2018
    Annual accounts 2018268,3 k €
  13. 2017
    Annual accounts 2017280,1 k €
  14. 2016
    Annual accounts 2016134,3 k €
  15. 2015
    Annual accounts 20151,5 M €
  16. 2014
    Annual accounts 2014215,9 k €
  17. 2013
    Annual accounts 2013171,8 k €
  18. 2011
    Annual accounts 2011407 €
  19. 2010
    Annual accounts 20103 k €
  20. 2009
    Annual accounts 2009-799 €
  21. 2008
    Annual accounts 2008-88,6 k €
  22. 2007
    Annual accounts 2007-8,6 k €
  23. 23/04/2007
    IncorporationPublic limited company