Financials
Financial year 2024
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 92.6 million
▼ 13% vs 2023
Profit
Caution€ -17.2 million
▼ 248% vs 2023
Debts
High€ 40.8 million
▲ 49% vs 2023
Betafence Belgium from Zwevegem, company number BE0644625079, closed financial year 2024 with a result of € -17.2 million after tax. For that financial year Betafence Belgium recorded revenue of € 92.6 million and equity of € -8.1 million. Compared with financial year 2023, the result moved from € -5 million to € -17.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 19, 2025.
What happened at Betafence Belgium?
What happened at Betafence Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 17.2 million. filed late Source: NBB ↗
- Frankie Descamps became a director. NBB
- Kamleshkumar Mistry stepped down as director. NBB
- Paul Price stepped down as director. NBB
- Paul Price became a director. NBB
- Kamleshkumar Mistry became a director. NBB
- Timothy Messelis became a director. NBB
- New establishment in Harelbeke. KBO
In short
From € 1.5 million profit in 2021 to € 17.2 million loss in 2024.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2022, with € 2.1 million profit.
Pays suppliers within 99 days on average.
A new publication or filing at Betafence Belgium? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind Betafence Belgium are Timothy Messelis and Frankie Descamps. The same people are also behind Praesidiad Holding.
Directors
According to the 2024 annual accounts
since 2020
Frankie Descamps
Director
since 2025
since 2020 · until 2025
Paul Price
Director
since 2023 · until 2024
Establishments
Establishment units
Physical locations of this company
Blokkestraat(Z) 34 box B
8550 Zwevegem
Blokkestraat 7
8530 Harelbeke
Active since 1 January 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
Details
- Company number
- 0644.625.079
- VAT number
- BE 0644.625.079
- Registered office
- Blokkestraat(Z) 34 bus B, 8550 Zwevegem
- Names & denominations
- Betafence Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2015
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Vervaardiging van artikelen van draad en van kettingen en veren
Bewerken van metaal en poedermetallurgie
Persen, stampen en profielwalsen van metaal; poedermetallurgie
Productie van andere non-ferrometalen