ACTIVE

Belmako

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Financial year 2025 · Closed on 31/12/2025

Net result-40,3 k €-45,8 %over 1 year

Gross margin-3,7 k €+3,7 %over 1 year

Equity34,6 M €-0,1 %over 1 year

Identity

Source · BCE/KBO

Belmako is a Private company with limited liability incorporated in 2007. Its registered office is in Hoogstraten.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0893.378.116
Incorporation: 12/11/2007
Legal form: Private company with limited liability
Registered office: Dreef 64
2328 Hoogstraten · FlandreSee on map
Contributed capital: 32 018 600,00 €
Latest accounts: 31/12/2025

Signals

Solid equity

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-3,7 k €	+3.7%	-3,9 k €	+28.7%	-5,4 k €	-380%	1,9 k €	+141%	-4,7 k €
EBITDA	-4,8 k €	+2.2%	-4,9 k €	+23.7%	-6,5 k €	-774%	959,7 €	+117%	-5,6 k €
Operating result	-4,8 k €	+2.2%	-4,9 k €	+23.7%	-6,5 k €	-774%	959,7 €	+117%	-5,6 k €
Net result	-40,3 k €	-45.8%	-27,6 k €	-42.8%	-19,4 k €	-2674%	752,3 €	+113%	-5,8 k €
Balance sheet
Equity	34,6 M €	-0.1%	34,7 M €	-0.1%	34,7 M €	-0.1%	34,7 M €	+0.0%	34,7 M €
Total assets	44 M €	-0.0%	44 M €	+0.1%	44 M €	-0.0%	44 M €	-0.1%	44 M €
Cash	63,7 k €	-8.7%	69,7 k €	+855%	7,3 k €	-3.8%	7,6 k €	-81.8%	41,7 k €
Debts	9,4 M €	+0.4%	9,4 M €	+1.0%	9,3 M €	+0.2%	9,2 M €	-0.4%	9,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period
Bas J. Koijck	Managing director

Ended mandates

Director	Mandates in this company	Period
Bas J.C. Koijck	Manager13/10/2007 → 2009 accounts
B.J.C Koijck	Manager13/07/2007 → 2011 accountsManaging director2018 accounts
B.J.C. Koijck	Manager13/07/2007 → 2010 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	14/08/2025	30/09/2024	06/06/2023	01/07/2022	01/07/2021
General meeting	31/07/2026	16/07/2025	10/09/2024	05/06/2023	23/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/07/2025	14/08/2025	Dutch	PDF
Abridged model	31/12/2023	10/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	06/06/2023	Dutch	PDF
Abridged model	31/12/2021	23/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	04/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/07/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	19/08/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/08/2014	01/09/2014	Dutch	PDF
Abridged model	31/12/2012	16/09/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	15/09/2011	29/09/2011	Dutch	PDF
Abridged model	31/12/2009	15/10/2010	15/11/2010	Dutch	PDF
Abridged model	31/12/2008	29/07/2009	20/08/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period
Bas J. Koijck	Managing director

Ended mandates

Director	Mandates in this company	Period
Bas J.C. Koijck	Manager13/10/2007 → 2009 accounts
B.J.C Koijck	Manager13/07/2007 → 2011 accountsManaging director2018 accounts
B.J.C. Koijck	Manager13/07/2007 → 2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office14/03/2023
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Registered office01/09/2021
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Restructuring09/08/2012
BENAMING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/06/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares06/10/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares27/08/2008
KAPITAAL - AANDELEN - DIVERSEN
PDF
Other16/06/2008
WIJZIGING VAN DE STATUTEN — WIJZIGING VAN DE STATUTEN OP HET
PDF
Other14/11/2007
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Bas J. Koijck

Bas J.C. Koijck

B.J.C Koijck

B.J.C. Koijck

Bas J.C. Koijck

20072008200920102011201220132014201520162017201820192020202120222023202420252026

Belmako

Dreef 64, 2328 Meerle

Managing director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Dreef 64, 2328 MeerleCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00458826
Dreef 39 bte 6, 2328 Meerle	accounts 2021	Accounts 2021 · 2022-20116318

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BelmakoCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00458826

Events

2025
Annual accounts 2025-40,3 k €↓
2024
Annual accounts 2024-27,6 k €↓
2023
Annual accounts 2023-19,4 k €↓
2022
Annual accounts 2022752,3 €↑
2021
Annual accounts 2021-5,8 k €↓
2020
Annual accounts 2020-5,3 k €↓
2019
Annual accounts 2019296 k €↓
2018
Annual accounts 2018599,8 k €↑
2017
Annual accounts 2017287,5 k €↓
2016
Annual accounts 2016783,2 k €↑
2015
Annual accounts 201510,4 k €↑
2014
Annual accounts 20142,4 k €↓
2013
Annual accounts 201328,2 k €↓
2012
Annual accounts 2012799 k €↑
2011
Annual accounts 2011-38,4 k €↓
2010
Annual accounts 2010-26,5 k €↑
2009
Annual accounts 2009-36,3 k €↓
2008
Annual accounts 2008-4,8 k €
12/11/2007
IncorporationPrivate company with limited liability

Belmako

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events