Financials
Financial year 2025
Belmagri from Kinrooi, company number BE0401280882, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year Belmagri recorded revenue of € 13 million and equity of € 30.7 million. Compared with financial year 2024, the result moved from € 1.5 million to € 3.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 30.7 million
▲ 142% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▲ 137% vs 2024
Profit after tax over the fiscal year.
€ 51,682
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 26.8 million.
People and assets in 2025
12.6
▲ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 952,269
▲ 49% vs 2024
€ 75,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 61,600
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 24% vs 2024
€ 280,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.6 million
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 234,247
▲ 182% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,932,096 | € 8,715,111 | € 8,564,348 | € 12,969,397 | ▲ 51% |
| Profit after taxes | € 2,781,823 | € 1,982,849 | € 1,459,571 | € 3,462,638 | ▲ 137% |
| Equity | € 9,221,482 | € 11,204,332 | € 12,663,902 | € 30,673,737 | ▲ 142% |
| Total debts | € 8,503,380 | € 10,531,376 | € 11,536,181 | € 3,213,817 | ▼ 72% |
| Cash | € 195,275 | € 785,012 | € 259,608 | € 51,682 | ▼ 80% |
| Land & buildings | € 2,205,007 | € 2,982,675 | € 3,065,544 | € 2,852,899 | ▼ 7% |
| Retained profit | € 5,776,482 | € 7,759,332 | € 9,218,902 | € 26,841,737 | ▲ 191% |
| Dividend | € 2,250 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,903,646 | € 2,314,512 | € 1,753,642 | € 1,330,000 | ▼ 24% |
| Balance sheet total | € 17,724,862 | € 21,735,708 | € 24,200,083 | € 33,988,824 | ▲ 40% |
| Employees (FTE) | 10.5 | 8.7 | 8.1 | 12.6 | ▲ 4.5 |
Key figures of Belmagri, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Belmagri?
What happened at Belmagri in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NIBA, vennootschap naar Nederlands recht NV stepped down as director. NBB
- VEDA BVBA stepped down as director. NBB
- Roel VRIENS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.5 million (▲ 137% vs 2024). Source: NBB ↗
- New establishment in Maasmechelen. KBO
- NIBA, vennootschap naar Nederlands recht NV became a director. NBB
- VEDA BVBA became a director. NBB
- Roel VRIENS became a director. NBB
In short
From € 2.8 million profit in 2022 to € 3.5 million profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.5 million profit.
Paid out € 2,250 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BELMAGRI HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BelmagriThe shares are held by BELMAGRI HOLDING (100%). It owns 100% of Gmg Holding Geschaftsfuhrung, 100% of Gmg Sand und Kies GmbH & Co K.G., 50% of Heidegrind, 44% of WINNR, 20.1% of Steengoed Energie and 16.7% of Steengoed Productie itself.
Directors
According to the 2025 annual accounts
NIBA, vennootschap naar Nederlands recht NV
Director · represented by Gerrit Pomstra
Also active at: GRINDBEDRIJF S.B.S., EUROGRI, BELMAGRI HOLDING, HEIDEGRIND
since 2024 · until 2029
Director · represented by David Musiek
Also active at: GRINDBEDRIJF S.B.S., EUROGRI, BELMAGRI HOLDING, Steengoed Productie, STEENGOED PROJECTEN, HEIDEGRIND, Steengoed Energie
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
Gmg Holding Geschaftsfuhrung
100%
Gmg Sand und Kies GmbH & Co K.G.
100%
50%
44%
20.1%
16.7%
16.7%
10.1%
Establishments
Establishment units
Physical locations of this company
Geistingen (Oph) 102 box A
3640 Kinrooi
Geistingen (Oph) 102
3640 Kinrooi
Active since 1 July 1958
Rue Sous-Beaufays 1
4570 Marchin
Active since 1 January 2013
Steenweg naar As(M) z/n
3630 Maasmechelen
Active since 31 December 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.280.882
- VAT number
- BE 0401.280.882
- Registered office
- Geistingen (Oph) 102 bus A, 3640 Kinrooi
- Names & denominations
- Belmagri
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Winning van zand
Winning van sier- en bouwsteen
Winning van bouw- en siersteen